Bitcoin rose overnight, retaking $67,000 on Wednesday after falling to just above $62,000 on Tuesday. The fall came after Bitcoin reached its new all-time high of $69,170, according to CoinMarketCap. While still in the red, Bitcoin rose 7.89%. Investor interest in Bitcoin has skyrocketed since the approval of several spot Bitcoin ETFs in January and the fast-approaching halving on April…
Month: March 2024
Blackrock’s Bitcoin ETF Adds 12,623 BTC in Largest Single-Day Purchase Since Launch
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has broken its record for the largest single-day bitcoin purchase since its launch. The world’s largest asset manager’s spot bitcoin ETF now holds 183,345 bitcoins. Blackrock Bought the Bitcoin Dip Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), amassed the largest […] Source: https://news.bitcoin.com/blackrocks-bitcoin-etf-adds-12623-btc-in-largest-single-day-purchase-since-launch/
Solana’s New Top Dog? Meme Coin Dogwifhat Flips BONK for First Time
Solana meme coin darling Dogwifhat (WIF) continued its meteoric resurgence on Wednesday, briefly eclipsing BONK as the network’s top meme coin by market capitalization. At multiple points today, Dogwifhat’s $2 billion-plus market cap eclipsed that of BONK by several million dollars. At writing, the two coins stand at near-equal valuations, with BONK having recaptured its lead by a sliver of…
Donald Trump’s Crypto Portfolio Soars to $7.5 Million, Fueled by TRUMP Coin’s Ascension and Ethereum Gains
After the former 45th President of the United States, Donald Trump, saw his cryptocurrency holdings exceed $5 million, just ten days later, the value of Trump’s digital asset collection has escalated to $7.5 million. This increase is largely due to $4.66 million emanating from the cryptocurrency he holds called TRUMP, which has experienced a significant […] Source: https://news.bitcoin.com/donald-trumps-crypto-portfolio-soars-to-7-5-million-fueled-by-trump-coins-ascension-and-ethereum-gains/
Bitcoin Technical Analysis: BTC Bulls Regain Strength After Recent Pullback
In the last day, bitcoin exhibited a dynamic display, marked by significant fluctuations and upward movements across different periods. Upon hitting a peak at $69,210 per unit on Mar. 5, the cryptocurrency dipped below the $60,000 threshold, only to climb again on Wednesday, positioning itself in the $66,500 to $67,500 bracket. Bitcoin Over the course […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-btc-bulls-regain-strength-after-recent-pullback/
AI-Powered Humanoid Robots Are Coming—If We Insist On Building Them
Human-like robots infused with the transformative power of artificial intelligence: It’s a sci-fi staple that is now within the realm of possible—but just because we can do it doesn’t mean we should. What does it mean for humans to want to create artificial life that’s modeled after both our bodies and our minds? The endeavor already and naturally extends to…
Alchemy Pay Gains Approval with New Hampshire Money Transmitter License in the USA
Alchemy Pay, the leading fiat-crypto payment gateway, proudly announced another successful Money Transmitter License (MTL) acquisition in the USA, the state of New Hampshire, adding to its existing licenses in Arkansas and Iowa. Alchemy Pay is actively pursuing MTL licenses in additional U.S. jurisdictions as part of its efforts to expand its crypto payment services, […] Source: https://news.bitcoin.com/alchemy-pay-gains-approval-with-new-hampshire-money-transmitter-license-in-the-usa/
Solana Meme Coin Dogwifhat Reaches $2 Billion Market Cap—Could WIF Flip BONK?
Solana meme coin Dogwifhat (WIF) is still riding high after it was listed on Binance earlier this week. And that’s despite the fact that broader crypto market volatility has taken the wind out of most other meme coins’ sails. Early Wednesday morning, Dogwifhat had gained as much as 38% on its price over the last 24 hours, according to CoinGecko…
Hong Kong Reiterates Unlicensed Cryptocurrency Platforms Will Be Expelled by June
Unlicensed cryptocurrency platforms will not be allowed to operate in Hong Kong starting next June, according to the Securities and Futures Commission (SFC). The commission closed the period for these institutions to introduce their applications to obtain a license on February 29 and will progressively expel the noncompliant exchanges from the Hong Kong market. Hong […] Source: https://news.bitcoin.com/hong-kong-reiterates-unlicensed-cryptocurrency-platforms-will-be-expelled-by-june/
Ethereum Hits $3,800 for First Time Since December 2021
Ethereum jumped over $3,800 Wednesday morning, hitting its highest price since the end of 2021. At time of publication, the Ethereum price has pulled back slightly, trading at $3,796.53, up 2.8% on the day, per data from CoinGecko. The cryptocurrency last traded over $3,800 on December 29, 2021, according to the price tracking site. The cryptocurrency’s price surge comes as…