Bitcoin (BTC)

Coinbase has had a great run recently, topped off with a great Q4 2023 roundup in which the platform announced that it had beaten analyst predictions and was well on track to recovery from crypto winter. However, a technical glitch – which was reportedly caused by high traffic – recently struck the exchange, causing the site to display some users’ balances as zero. Speedy Recovery The platform has since recovered from the glitch, and Coinbase CEO Brian Armstrong hopped on X...

Bitcoin (BTC) is beginning a parabolic bull run of epic proportions that will last throughout the rest of the year, according to popular price analyst PlanB. In a post to X on Friday, the pseudonymous Bitcoin bull published a graph plotting Bitcoin’s “market cycle,” noting that the price has now emerged from this cycle’s “accumulation phase.” Bitcoin Bull Market Has Begun “No more easy buying opportunities in orderly and slowly increasing markets,” wrote PlanB. “If history is...

What a week! Better yet, what a month! Did you know that Bitcoin has never had a month as good as February 2024? That’s right, the cryptocurrency closed its best-yet candle, and we haven’t even gone through the halving yet. The pre-halving anticipation of higher prices is palpable as spot Bitcoin ETFs continue to see outrageous inflows. The total cryptocurrency market capitalization exploded to $2.4 trillion (per CoinGecko) as BTC charted a 21.3% increase in the past seven...

BlackRock’s IBIT spot Bitcoin exchange-traded fund (ETF) has reached $10 billion in assets under management (AUM) within seven weeks of its launch on January 11. The fund now holds over 162,000 Bitcoin, making it one of the few ETFs to surpass the $10 billion mark. Spot Bitcoin ETF Performance Nate Geraci, president of the ETF store, provided context for IBIT’s achievement, highlighting that only a fraction of ETFs globally have surpassed the $10 billion AUM mark, with the...

The pre-halving rally is taking new turns. Despite the short-term downticks, analysts are optimistic that established cryptocurrencies will reclaim their all-time highs in the coming weeks. But new crypto coins with low initial market caps are stealing the spotlight. The prospect of exponential gains, ranging from 1200% to 2000% over the month, is too compelling to ignore. High-cap assets like BTC, ETH, SOL, and ADA will fail to match that. It is unrealistic to expect them to...

CoinspeakerBinance Futures Launches Toncoin (TON) Perpetual Contracts with Up to 50x Leverage Although the TON token is not available for spot trading on Binance, the exchange has launched perpetual contracts for Toncoin. Binance Futures Launches Toncoin (TON) Perpetual Contracts with Up to 50x Leverage

CoinspeakerCoinbase’s Triple Threat: Withdrawals, Outages, and Glitches Yesterday, when Coinbase faced outage, the stock price level dropped from $205 to $195, causing a downfall of approximately 5%. Coinbase’s Triple Threat: Withdrawals, Outages, and Glitches

CoinspeakerBitcoin Closes February Up 44%, Analysts Predict Further Rally A report by JPMorgan forecasts a potential correction in BTC price to as low as $42,000 following the April halving when miner rewards will be halved for the fourth time in Bitcoin's history.  Bitcoin Closes February Up 44%, Analysts Predict Further Rally

CoinspeakerBlackrock’s IBIT among Top 3 US ETFs by Flows, Hit $10B in AUM IBIT saw over $500M in inflows between February 27 and 29. Blackrock’s IBIT among Top 3 US ETFs by Flows, Hit $10B in AUM

CoinspeakerVanguard CEO Tim Buckley to Retire by End of 2024 With Buckley stepping down, it remains to be seen if his successor will continue in his footsteps or open the doors for innovation. Vanguard CEO Tim Buckley to Retire by End of 2024