Bitcoin Surges to Record Highs: Biggest Monthly Gain in Three Years

Bitcoin Surges to Record Highs: Biggest Monthly Gain in Three Years

The largest cryptocurrency by market capitalization, Bitcoin, is on track for its biggest monthly gain in more than three years, driven by a rush of cash flowing into exchange-traded funds. According to Reutersthe approval and launch of spot bitcoin exchange-traded funds in the US this year opened up the asset class to new investors and … Read more

Equities Rise in Asia as Bitcoin Surges Past $61,000 Ahead of Key Inflation Metric

Equities Rise in Asia as Bitcoin Surges Past $61,000 Ahead of Key Inflation Metric

Equities in Asia Rise as Bitcoin Surges Past $61,000 Equities in Asia Rebound as US Stock Futures Rise Equities in Asia rose alongside US stock futures in anticipation of the Federal Reserve’s key inflation metric, which will help determine the future of interest rates. According to the latest report from Bloomberg, Korean and Indian stocks … Read more

Bitcoin Surges Above $59,000, Nearing All-Time High, Amidst Growing Investor Excitement

Bitcoin Surges Above $59,000, Nearing All-Time High, Amidst Growing Investor Excitement

Bitcoin Surges to Break Above $59,000, Closing in on All-Time High Bitcoin (BTC) surged on Wednesday, reaching over $59,000, putting it within striking distance of its all-time high. This level of enthusiasm for the world’s largest cryptocurrency hasn’t been seen since the 2021 boom. Excitement Spurred by Spot Bitcoin Exchange-Traded Funds The digital asset’s price … Read more

Bitcoin Surges to $57,000, Reaching Highest Price Since November 2021

Bitcoin Surges to $57,000, Reaching Highest Price Since November 2021

Bitcoin Surges Past $57,000 Mark, Hitting New Milestones in Major Rally Bitcoin Reaches $57,000, the Highest Price Since November 2021 On the heels of significant gains in the U.S. market on Monday, the price of bitcoin (BTC) skyrocketed further during the early hours of Tuesday morning in Asia, surpassing several key round number milestones. Notably, … Read more

Nvidia’s Highly Anticipated Earnings could Impact Bitcoin and Crypto Markets, Warning Analyst

Nvidia’s Highly Anticipated Earnings could Impact Bitcoin and Crypto Markets, Warning Analyst

Nvidia Reports Strong Fourth-Quarter Earnings, Analysts Anticipate Crypto Market Repercussions Nvidia Reports Strong Fourth-Quarter Earnings, Analysts Anticipate Crypto Market Repercussions Overview Nvidia, the renowned technology company, has recently released its highly anticipated fourth-quarter earnings report, revealing significant growth in its revenue numbers. With the cryptocurrency market relying heavily on Nvidia’s products and services, industry analysts … Read more

Bitcoin Price Hits Highest Level Since 2021 Despite Dollar and Treasury Yields

Bitcoin Price Hits Highest Level Since 2021 Despite Dollar and Treasury Yields

Bitcoin on Track for Rally Ahead of Halving, Says 10X Research Bitcoin (BTC) has had a stellar few months, with bulls ignoring a resurgent U.S. dollar and Treasury yields to push the leading cryptocurrency to the highest level since late 2021, according to a study by 10X Research. The research firm analyzed past data and … Read more

The title “The Impact of Economic Developments on the Bitcoin Price in 2024” is likely to rank highest in Google searches for this news article.

The title “The Impact of Economic Developments on the Bitcoin Price in 2024” is likely to rank highest in Google searches for this news article.

The bitcoin (BTC) price has started 2024 fantastically, under the inspiring leadership of the spot bitcoin ETFs. After a false start, the bitcoin price has risen to approximately $52,000, where the digital currency appears to be encountering resistance. That resistance could well lie in a few macroeconomic developments that are currently weighing on the market. … Read more

Spot Bitcoin ETFs Boost Liquidity in Cryptocurrency Market Despite Speculation of Supply Crunch

Spot Bitcoin ETFs Boost Liquidity in Cryptocurrency Market Despite Speculation of Supply Crunch

Liquidity in the cryptocurrency market has already been improving since the launch of spot Bitcoin ETFs in the US, despite speculation that increased demand from these ETFs will lead to a supply crunch. Bitcoin advocates, such as Michael Saylor, president of MicroStrategy, and Cameron Winklevoss, co-founder of cryptocurrency exchange Gemini, see demand from newly launched … Read more

Grayscale Fund Redemptions Spark Market Concerns and Optimism Among Traders

Grayscale Fund Redemptions Spark Market Concerns and Optimism Among Traders

Grayscale Fund Redemptions Traders said that while spot Bitcoin ETFs have attracted billions of dollars, a large proportion of inflows likely came from redemptions moving from the Grayscale Bitcoin Trust to lower-cost competitors. About $7 billion in investments have exited the $24 billion investment fund since it was transferred from a trust. Bankrupt cryptocurrency companies … Read more

CoinDesk’s Privacy Policy, Terms of Use, and Cookies Updated – Latest Cryptocurrency News and Updates

CoinDesk’s Privacy Policy, Terms of Use, and Cookies Updated – Latest Cryptocurrency News and Updates

CoinDesk Updates Privacy Policy and Editorial Committee Formation CoinDesk Updates Privacy Policy and Editorial Committee Formation CoinDesk, the renowned leader in news and information on cryptocurrency and digital assets, has announced updates to its privacy policy and the formation of an editorial committee. These significant developments aim to uphold the highest journalistic standards and maintain … Read more