Crypto news

Bitcoin price started a strong increase above the $68,000 zone against the US Dollar. The price is now trading above $70,000 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $69,800 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if it stays above the $68,000 support zone. Bitcoin price is showing positive signs above $70,000 against the US Dollar. BTC might...

Thailand’s Securities and Exchange Commission (SEC) has changed its regulations, permitting the creation of private funds that invest in spot Bitcoin exchange-traded funds (ETFs) traded on U.S. exchanges. However, this opportunity is limited to institutional investors and high-net-worth individuals. SEC Amends Spot Bitcoin ETF Rules SEC Secretary-General Pornanong Budsaratragoon disclosed that the decision was reached during last week’s board meeting. The approval grants...

Bitcoin mining earnings reached their highest-ever level recently, coinciding with the ongoing surge in the value of the leading crypto asset. According to the figures compiled by CryptoQuant, miners made a daily revenue of $78.6 million on March 7, surpassing the previous record set during the peak of the crypto boom in April 2021. Miners accrue income through both newly minted coins for verifying and recording transactions on the blockchain and through transaction fees paid...

JPMorgan CEO Jamie Dimon believes citizens should have every right to buy Bitcoin (BTC) if they want to – even if it’s a haven for criminal activity. “I defend your right to smoke a cigarette, [and] I’ll defend your right to buy a Bitcoin,” said Dimon at the Australian Financial Review summit in Sydney, according to the Financial Review. Would Jamie Dimon Still Ban Bitcoin? The executive’s words starkly contrast with what he told the Senate Banking Committee in December,...

[PRESS RELEASE – London, United Kingdom, March 12th, 2024] The ongoing SCORP presale and upcoming $250,000 giveaway mark significant milestones for Scorpion Casino, reinforcing its growing influence in the online crypto casino market. In an exciting development for the online gambling and cryptocurrency communities, Scorpion Casino has announced a $250,000 giveaway, coinciding with strong participation in the SCORP token presale. This event showcases Scorpion Casino’s...

[PRESS RELEASE – Dubai, United Arab Emirates, March 12th, 2024] The highly anticipated Blockchain Life Forum 2024 is set to take place in the vibrant city of Dubai on April 15-16. Welcoming industry professionals and crypto enthusiasts from around the world, this legendary event promises to be an unforgettable experience. This time, the central topic of the forum will be how to read the crypto market and find good opportunities to invest during the Bull Run, which has already...

[unable to retrieve full-text content]CoinspeakerGrayscale Seeks to Stem GBTC Outflows through New Mini Trust with Lower Fees Although Grayscale has not revealed the specific details of the fee structure for the new fund, analysts expect it to be significantly lower than GBTC's current fee. Grayscale Seeks to Stem GBTC Outflows through New Mini Trust with Lower Fees

[unable to retrieve full-text content]CoinspeakerPatex Blockchain Ecosystem Expands Global Reach, Launches Native Token on Multiple CEX and DEX Platforms Patex has launched its PATEX token on CEXs and DEXs for interested users and traders to enjoy several perks and advantages in the ecosystem. Patex Blockchain Ecosystem Expands Global Reach, Launches Native Token on Multiple CEX and DEX Platforms

The alternative cryptocurrency (altcoin) sector is still reveling in its resurgence due to persistent investor interest in such digital assets amid Bitcoin’s (BTC) rally to a new all-time high of $72,000. Analysts at the crypto exchange Bitfinex revealed in the latest weekly report that investor interest in altcoins is diversifying to meme coins and artificial intelligence (AI) projects. Altcoins See Substantial Growth The rising interest in altcoins is reflected in the...

Bitcoin’s rally breaking into a new all-time high above $70,000 has been unconventional for several reasons. Interestingly, the leading crypto asset is still in its early stages and has a long way to go, according to most experts. In fact, analysts are now weighing in on Bitcoin’s trajectory and expect it to climax in early 2025 Bitcoin’s Bull Market Peak Drawing from historical patterns and recent market behavior, Rekt Capital found that traditionally, Bitcoin has reached...