Today, bitcoin price reached a new all-time high of over $72,000. As per statistics from CoinMarketCap, the largest cryptocurrency reached a new peak of around $72,300. New spot bitcoin exchange-traded funds (ETFs) and expectations that the U.S Federal Reserve would soon reduce interest rates have likely pumped up BTC prices.
London, United Kingdom, March 11th, 2024, Chainwire Bitcoin has made history and cleared a new all-time high of $71K, the knock-on effect being a huge increase in the global crypto market cap that is now pushing toward the $2.7 trillion mark. Riding the current bitcoin wave, the first-ever presale on
Certain assets have emerged as flag bearers of unexpected surges and fervent investor interest. Shiba Inu (SHIB), Dogecoin (DOGE), and Retik Finance (RETIK) are among these, showcasing remarkable climbs in 2024. The recent market dynamics have propelled these assets to new heights, sparking discussions among experts about their sustained growth
On Saturday afternoon, Bill Ackman, founder and CEO of Pershing Square Capital Management, diverted part of his focus to Bitcoin, playfully speculating that the price of the greatest cryptocurrency in the world may go far higher than anybody could have predicted. Ackman in a post on twitter stated: “Bitcoin price
The newly issued U.S. spot bitcoin ETFs got off to a flying start after their January debut. According to statistics, the crypto-based financial instruments reached a new important milestone on Friday, surpassing $100 billion in total trading volume. A month passed before the new products’ combined trading volume surpassed $50
With a 60% increase from the start of the year, Coinbase (COIN) stock has shown remarkable growth in the last few weeks, regaining its listing price and trading at $256 at the time of writing. After a steep decline during the crypto winter, when shares fell to $33 in 2023,
In Drumheller, Alberta, Canada, Bitcoin miner Hut 8 has decided to shut down operations owing to power outages and soaring energy prices. The notification made on March 6 states that the Drumheller mining plant, which accounts for only 1.4% of Hut 8’s Bitcoin (BTC) but uses around 11% of its
While Bitcoin has surged to its all-time high of over $69,000, Ethereum is lagging behind as its price remains anchored 25% below its own peak near $4,000. This divergence has puzzled many investors who expected ETH to capitalize on the same tailwinds lifting BTC. So what’s holding Ethereum back, and
In an unexpected surge, the trading volume of Bitcoin Ordinals reached a new peak on March 3, with figures climbing to $51.14 million, marking the highest point since December 18 of the previous year. Notably, Magic Eden, a leading platform in the Ordinals marketplace, dominated this upswing, accounting for $39.29
The spot Bitcoin ETF market was boosted as of February 29th’s trading closure by the enormous inflows recorded by the offering associated with the top investment asset management company, BlackRock, iShares Bitcoin Trust (IBIT). On Thursday, Grayscale saw massive outflows of $598.9 million, which, if not mitigated, would have caused
