The price of Bitcoin today hit a new all-time high of $69,324—but the excitement was short-lived. Bitcoin has since crashed by more than 6%, trading for just over $65,000. The drop wiped out more than $31 million in long positions, according to data on Coinglass. Today’s volatility has taken those placing leveraged bets on the price of Bitcoin on a…
Deutsche Börse has unveiled its entry into the regulated digital assets market with the introduction of DBDX, a dedicated platform for institutional cryptocurrency trading. Under the leadership of Carl Koelzer, who oversees FX and digital assets, DBDX aims to deliver a secure and transparent trading platform tailored for Europe’s institutional investors. Deutsche Börse Reveals DBDX […] Source: https://news.bitcoin.com/deutsche-borse-launches-crypto-trading-platform-dbdx-for-institutional-investors/
Bitcoin is back, today setting a new all-time high price above $69,000, as investors and traders rush back into the cryptocurrency market. The digital asset is now trading for $69,324.58, according to price data on Coinbase. That’s a 4% 24-hour rise. Over the past 30 days, the asset has soared by more than 58%. Its previous all-time high of $69,044…
On March 5, 2024, at 10:03 a.m. (ET), bitcoin’s value eclipsed its previous lifetime peak against the U.S. dollar, ascending beyond the $69,000 threshold on Tuesday. This breakthrough in valuation marks a new all-time high (ATH), occurring 846 days since bitcoin last reached the $69,000 mark on Nov. 10, 2021. From Uncertainty to Uncharted Heights: […] Source: https://news.bitcoin.com/bitcoin-shatters-lifetime-price-high-breaking-the-69k-barrier/
As the cryptocurrency market swells to a valuation of $2.6 trillion, the leading stablecoin, tether, has achieved a market cap of $100 billion. Beginning from the start of 2024, tether has seen an addition of 8.27 billion tokens to its supply. From $300K to $100 Billion: Tether’s Meteoric Rise Tether (USDT), the top fiat-linked digital […] Source: https://news.bitcoin.com/stablecoin-giant-tether-hits-100-billion-market-cap-amidst-crypto-markets-surge/
Sherman Oaks, United States, March 5th, 2024, GamingWire Empowering Mobile Game Developers to Monetize Across Multiple Platforms Beyond Traditional App Stores Xsolla, a global video game commerce company, has introduced Cross-Play and Cross-Pay, an innovative approach to mobile game monetization. In response to the evolving landscape, Xsolla’s suite of solutions enables mobile game developers to seamlessly transition their games from…
News media is one of the three top powerful sources that influence crypto coin prices. Yet, thousands of news sources mean a trader can’t follow all of them to get the point of how the market sees a coin price potential at a certain period. Sentix is an AI-powered assistant that analyzes all types of […] Source: https://news.bitcoin.com/sentix-media-insights-on-crypto-wave-goodbye-to-hype-and-fomo/
Nigerian blockchain lobby group has said the government’s decision to block access to crypto trading like Binance, Kraken and Coinbase will not “help Nigeria build the much-needed trust and confidence in the financial system.” The advocacy group also said the Nigerian Communications Commission’s directive to telecommunication companies may not be consistent with the “norms of […] Source: https://news.bitcoin.com/blockchain-advocacy-group-says-nigerian-governments-actions-could-drive-crypto-activities-underground/
Global investment giant BlackRock filed a prospectus with the U.S. Securities and Exchange Commission on Monday that laid out the firm’s plan to add new Bitcoin exchange-traded funds to its strategic portfolio. Dubbed the Strategic Income Opportunities Fund, BlackRock will include investments in Bitcoin among its other offerings, highlighting the risks of each. “The fund may acquire shares in exchange-traded…
Terraform Labs has pushed back against the U.S. Securities and Exchange Commission’s (SEC) objection to a $166 million retainer paid to law firm Dentons. In a court filing, the bankrupt crypto firm called the SEC’s objection a “troubling example of government overreach,” arguing that its motive for doing so was “to disadvantage and distract and adversary on the eve of…
