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Bitwise: The market is underestimating the long-term effect of Bitcoin halving
Senior executives at Bitwise strongly believe that traders tend to fixate too much on the immediate impact of Bitcoin halving, instead of considering the long-term implications.Bitwise Investment Director Matt Hougan and Senior Cryptocurrency Analyst Juan Leon meticulou ...
Nayib Bukele: “El Salvador’s profit from investing in Bitcoin exceeded 40%”
Against the backdrop of the global growth of the digital asset market and the first cryptocurrency reaching new historical highs, the President of El Salvador announced that the investments of the country’s authorities in bitcoins had fully justified themselves. Nayib ...
The Coinbase exchange experienced a technical glitch due to excessive demand for bitcoins
As a result of a technical glitch in the mobile application of the largest American crypto exchange Coinbase, users saw zero balances in their accounts. The failure occurred on Wednesday, February 28, amid rush demand for the purchase of bitcoins. Rising prices have le ...
Net daily liquidity inflow into Bitcoin ETFs reached $673 million
Bitcoin spot exchange-traded funds (ETFs) raised $673 million on Wednesday, February 28, according to Bloomberg and BitMEX Research. The drivers of liquidity growth in the Bitcoin ETF market were Fidelity (FBTC) and Ark 21Shares (ARKB), which raised $245.2 million and ...
Arkham Intelligence: Bitcoins confiscated from Bitfinex hackers are in motion
Arkham Intelligence analysts discovered that $922 million worth of transactions were made from two addresses containing bitcoins confiscated from Bitfinex cryptocurrency exchange hackers. According to the service, on Wednesday, February 28, 1 BTC was transferred from o ...
ETF boom and short liquidation: when to expect Bitcoin at $70,000
On Wednesday, February 28, 2024, Bitcoin surpassed $60,000 for the first time in more than three years.. The last time BTC climbed this high was November 2021. From February 26 to 28, the first cryptocurrency grew by 20%, reaching the threshold of $64,000. What will happen afte ...
Bitcoin exchange rate exceeded $61,000 – and in some countries it broke a historical record
The Bitcoin rate has exceeded $61,000 on the largest crypto exchanges, showing growth over the past few days. On Wednesday, February 28, in the afternoon, the rate of the first cryptocurrency crossed the psychologically important mark of $60,000. And then it als ...
Paolo Ardoino: “Bitcoin should be kept on the balance sheet of any company”
The CEO of Tether expects that soon the majority of fund managers will realize the potential of Bitcoin and will increasingly include this asset in their investment portfolios. Paolo Ardoino is confident that the appearance of bitcoins on the balance sheets of large in ...
Justin Sun showed a screenshot of a wallet with $1.6 billion in bitcoins
Advisor to the HTX cryptocurrency exchange Justin Sun denied rumors that he does not use the platform and published a screenshot of a wallet on HTX, where 28,613.7 BTC ($1.6 billion) are stored. Apparently, Justin Sun is annoyed by reports that he does not use the HTX ...
Peter Brandt: “Bitcoin will reach $200,000 – and I know when”
Factor's CEO and crypto trader revised his fall 2025 target price forecast for Bitcoin, raising the upper limit from $120,000 to $200,000. Peter Brandt tweeted that the forecast for the future price jump of Bitcoin has changed upward due to the BTC price breakout ...