Bitcoin
2024 - 2 - 27Bitcoin Breaks $57,000 Mark and Sends Crypto Market Soaring
Bitcoin - Cryptocurrency - ETFs - MicroStrategyBitcoin hits new high of $57,000, driving crypto market frenzy.
Bitcoin has once again made headlines by surpassing the $57,000 benchmark, igniting a surge in the cryptocurrency market. The momentum was fueled by MicroStrategy's bold move of purchasing 3000 bitcoins for $155 million on Monday. This significant investment provided a boost to Bitcoin's value and set the stage for a remarkable rally.
The cryptocurrency continued its ascent, reaching $57,000 for the first time in over two years on Tuesday. Large investors played a crucial role in this upward trajectory, along with a growing demand for Bitcoin. This surge highlighted the increasing mainstream acceptance and interest in digital currencies, indicating a promising future for the crypto market.
Bitcoin's remarkable journey didn't stop there. It hit a two-year high and showed signs of its largest two-day rally of the year. The influx of big buyers further propelled its value, reflecting a growing appetite for Bitcoin among institutional players. The approval of bitcoin-owning exchange-traded funds (ETFs) also contributed to the positive sentiment surrounding the cryptocurrency.
In addition to these developments, Bitcoin's surge to over $57,000 showcased its resilience and attractiveness to investors. The support from ETFs and institutional demand underscored the confidence in Bitcoin's long-term potential. As the cryptocurrency market continues to evolve, Bitcoin remains a focal point for both seasoned investors and newcomers, promising exciting opportunities and potential returns.
In a related development, the confusion surrounding the US bitcoin ruling has emphasized the complexities of regulating cryptocurrencies. Despite regulatory challenges, the growing adoption of Bitcoin-linked ETFs has driven a significant rally in the crypto market. This trend indicates a shifting landscape where traditional financial instruments intersect with digital assets, reshaping the investment landscape.
Bitcoin surpasses $57000 benchmark, uplifts crypto market in latest ... (CNBC)
Crypto investing and software firm MicroStrategy disclosed a purchase of about 3000 bitcoins for $155 million on Monday.
Bitcoin Surges To $57000 High As Crypto Rally Builds Momentum (Forbes)
Bitcoin topped $57,000 for the first time in more than two years on Tuesday, propelled by purchases from large investors and booming demand through ...
Bitcoin scorches past $57000 as big buyers flock in (Reuters)
Bitcoin hit a two-year high on Tuesday, on track for its biggest two-day rally this year, on signs large players were buying the cryptocurrency, ...
Bitcoin scorches past $57000 as big buyers flock in (Yahoo Finance Australia)
The original and largest cryptocurrency by market value has also been buoyed recently by the approval of bitcoin-owning exchange-traded funds (ETFs) in the ...
Bitcoin Tops $57000 Price Level for First Time Since Late 2021 (Yahoo Finance)
(Bloomberg) -- Bitcoin retook the $57000 level for the first time since late 2021, supported by investor demand through exchange-traded funds as well as ...
Bitcoin-Linked ETFs Drive Crypto Market Rally (Value The Markets)
Bitcoin hits two-year high, driven by institutional demand and ETF approval, offering retail investors profit potential and market diversification.
Bitcoin is at 26-month highs (London Loves Business)
Today's Bitcoin rally came after increased whale activity as well as more encouraging data for spot ETFs. On Friday, 26,200 bitcoins were transferred to an ...
Confusion over US bitcoin ruling opens up 'predator' risk (The Banker)
The SEC's approval of bitcoin exchange traded products, as opposed to funds, highlights the difficulties of regulating the area.
Bitcoin racing towards $60k - what's behind the 2024 surge and ... (This is Money)
The price of bitcoin jumped beyond $57000 on Tuesday on the back of a record day of trading volumes for recently-launched spot Exchange Traded Funds.
Bitcoin Price Passes $56k As Traders Pour Over $1 Million into ... (PR Newswire UK)
PRNewswire/ -- Bitcoin is booming and so is Green Bitcoin ($GBTC). After raising $1 million from ICO buyers drawn by the allure of the bitcoin story and the ...
Bitcoin soars past $56000 as 'unprecedented' adoption seen tripling ... (DL News)
The world's largest cryptocurrency is up more than 10% to $56,449 in the last 24 hours — its highest price since December 2021, TradingView data shows. Buoyed ...
Bitcoin Crosses $57000 For First Time Since 2021 As Bitcoin ETFs ... (Investor's Business Daily)
Crypto market rallies as bitcoin early Tuesday surged to its highest level since November 2021. Bitcoin ETFs jump, Coinbase breaks out.
The Fintech Files: Bitcoin ETFs gave us winners, but also some losers (Financial News)
Total trading volumes in spot bitcoin ETFs crossed $54bn on 26 February. But there have also been some losers. These including crypto investment firm Grayscale ...
Bitcoin breakout throws short traders under the bus (Proactive Investors UK)
Bitcoin (BTC) has broken out of its late-February slump with a startling rally against the US dollar. BTC/USD shot above $57000 for the first time since...
5 ways bitcoin ETFs are already changing how crypto is traded (Morningstar.com)
By Frances Yue. SEC approved spot bitcoin ETFs in January. Spot bitcoin exchange-traded funds are still practically brand new, but they've already changed ...
Hot New Bitcoin Funds Could Soon Have Rivals (The Wall Street Journal)
BlackRock, Fidelity and other Wall Street firms have applied to launch ether ETFs.
Redefining Tax Policy For Bitcoin Mining: A Closer Look At Block ... (Forbes)
Bitcoin block rewards accrue to miners and consist of two components: a block subsidy and transaction fees. Each of these has different definitions and ...
Bitcoin passes $57000 as BlackRock ETF hits 'insane' volume record (DL News)
Bitcoin soared more than 10%, while BlackRock's Bitcoin spot ETF broke records when it surpassed $1 billion in daily trading volume.
Bitcoin Hits 2-Year High as Large Investors Enter Market (pymnts.com)
Bitcoin hit a two-year high Tuesday (Feb. 27), surpassing $57000 as big buyers flock to the cryptocurrency market.
'The Bitcoin Bulls Are Back' As Cryptocurrency Rallies 12% To Fresh ... (Forbes)
Bitcoin prices are on a tear once again, surging to the highest since November 2021 as the digital currency benefits from multiple bullish factors.
Bitcoin skyrockets to two-year high (Proactive Investors UK)
Fuelled by growing inflows into spot Bitcoin exchange-traded funds, investments by large companies and an impending Bitcoin halving in April, gains since the ...
Lightning Network for Bitcoin Payments (Finextra)
Discover how to utilize the Lightning Network for quick Bitcoin transactions. This network is suita...
Bitcoin NFTs now dominate trading volume on Magic Eden (DL News)
Ordinals is a protocol that allows users create non-fungible tokens and crypto tokens on the Bitcoin blockchain. February's Bitcoin mark is a record for monthly ...
Bitcoin price could nick $60K as exchange inflow volumes near all ... (FXStreet)
Bitcoin (BTC) price is on a tear, recording high highs with exchange trading volumes soaring.
Bitcoin hits two-year high surpassing $57000 with strong institutional ... (WION)
The rally, exceeding 10 per cent over two sessions, gained momentum following the revelation from crypto investor and software firm MicroStrategy that it ...
BlackRock Bitcoin ETF Hits Record Volume of Over $1.3B for ... (Yahoo Finance)
Spot bitcoin ETFs had their best day since their debut on Monday, recording $2.4 billion in daily trading volume coupled with strong inflows.
Hot New Bitcoin Funds Could Soon Have Rivals - Caixin Global (Caixin Global)
(The Wall Street Journal) — Wall Street firms launched bitcoin exchange-traded funds just a few weeks ago. Now, they want to offer everyday investors funds ...
Bitcoin's halving is only weeks away — here's what it means (DL News)
The fourth Bitcoin halving is expected to occur on April 20, and it will have big consequences for the top cryptocurrency.
Stop worrying so much about the next Bitcoin halving (Blockworks)
Opinion: Get over it. Of course Bitcoin will survive. The real question: Which miners will thrive?
The 'Nine' spot Bitcoin ETFs see $2B volume for 2nd straight day (Cointelegraph)
U.S. spot Bitcoin ETF daily trading volume surpassed $2 billion for the second day in a row as demand remains high.
Bitcoin hits $60000 - as all-time high nears (Sky News)
As the latest "halving" looms - whereby Bitcoin production is cut 50% - the price has skyrocketed.
Bitcoin price tops $60000 for first time since 2021 (Financial Times)
The price of bitcoin has climbed above $60,000 for the first time in more than two years, as a lightning rally puts the world's biggest cryptocurrency ...
Bitcoin Breaks Through $60000 As 'Sustained Momentum' Fuels ... (Forbes)
Bitcoin prices kept rallying today, rising above $60000 as "sustained momentum" drove the cryptocurrency's latest upside, pushing it closer to a fresh, ...
Bitcoin surges, briefly touching $64000 for the first time since ... (CNBC)
Bitcoin continued its surge on Wednesday, shooting above $63000 for the first time since November 2021.
Bitcoin Crosses $63K as ETF Volumes Soar and 'Halving' Nears (Investopedia)
The largest cryptocurrency is staging a massive comeback, especially as it was trading at around $20000 little less than a year ago.
Bitcoin hits $60000 as 'FOMO' rally gathers pace (Reuters)
Bitcoin hit $60000 on Wednesday for the first time in more than two years, as a flurry of capital into new U.S. spot bitcoin exchange traded products ...
Bitcoin tops $60000, approaches all-time high (FRANCE 24)
Bitcoin passed the $60000 mark on Wednesday, approaching its all-time high and continuing its unbridled rise since the approval of a new type of investment ...
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