Anthony Pompliano asserts that Wall Street has not only accepted but also developed a fondness for Bitcoin. Pomp highlights the significant mismatch between the demand for Bitcoin and its limited daily supply. This is based on inflows into funds vastly outstripping the amount of new Bitcoin entering the market. While optimistic about Bitcoin’s long-term value […]

XRP price is consolidating below the $0.538 resistance. The price could start a fresh rally if it clears the $0.5380 and $0.5500 resistance levels. XRP is struggling to clear the $0.5350 and $0.5380 resistance levels. The price is now trading above $0.520 and the 100 simple moving average (4 hours). There is a key bullish […]

The founder and executive chairman of enterprise software firm MicroStrategy says that the demand for Bitcoin (BTC) is outstripping its supply. In a new interview on CNBC Television, BTC firebrand Michael Saylor says that the approval of spot market Bitcoin exchange-traded funds (ETFs) in the US has triggered massive demand for the flagship digital asset. […]

The seventh day of the COPA v. Wright trial kicked off on Tuesday, exposing a glaring weakness in the latter’s argument to convince the court that he is the creator of Bitcoin. When pressed by prosecutors, Craig Wright failed to name a single person outside of the public domain to whom he had sent Bitcoin […]

Over the last few months, investor sentiment towards individual cryptocurrencies has favored Ethereum (ETH) over Bitcoin (BTC). However, the release of the first-ever spot exchange-traded funds (ETFs) for BTC has changed the balance of market forces, and now there is a much more bullish positioning towards the oldest cryptocurrency. This is especially true as its […]

Microstrategy’s executive chairman, Michael Saylor, has explained why bitcoin has become “the world’s most popular investment asset.” He noted that following the rebalancing after the launch of spot bitcoin exchange-traded funds (ETFs), the crypto has “found its footing and now people are beginning to realize that there’s 10 times as much demand for bitcoin coming […]

Peter Brandt spots unusual pattern

Holmes County man loses $1.3 million in cryptocurrency scam For more Local News from WOIO: https://www.cleveland19.com/ For more YouTube Content: …

TL;DR Franklin Templeton applies for Ethereum ETF, joining other investment giants like BlackRock and Ark Invest. Ethereum surged by 8% following the announcement, indicating the positive effect of institutional interest on the crypto market. Ethereum ETF could boost mainstream adoption of cryptocurrencies, as it allows investors to gain exposure to Ethereum without holding the actual asset. Ethereum […]

TL;DR Charles Hoskinson shares his vision of positioning Cardano as a global leader in the cryptocurrency industry, comparing it to Taylor Swift’s rise in the music industry. ADA has achieved significant advancements, such as the successful implementation of liquid staking and its growth independent of venture capital funding. Hoskinson warns about centralization in the crypto […]

Bitcoin’s trading volume surged to a highly-high as its market value peaked at $50k during the weekend frenzy, marking a +18% growth week. While Ethereum also experienced a slight boost, most other trading volumes remained relatively stagnant in comparison. JUST IN: #Bitcoin Hits $50kFirst time since 12 months ago — CoinEcho (@mycoinecho) February 12, 2024 […]

Bitcoin, the undisputed king of cryptocurrencies, is making headlines again with a recent price surge that has pushed it past the coveted $50,000 mark. This rally, coupled with an “extreme greed” reading on the Crypto Fear and Greed Index, paints a picture of a market brimming with optimism, but also raises concerns about potential overheating. […]

California’s digital asset holders will play a big role in the future of the industry, according to top US crypto exchange Coinbase. In a new company blog post, Coinbase notes that a 2023 survey from business intelligence firm Morning Consult indicates 8.2 million residents in California (27% of the state’s adult population) own digital assets. […]

Higher-than-expected inflation data preceded a correction on Tuesday morning that brought Bitcoin (BTC) below the $50,000 price level. According to the Bureau of Labor Statistics, the US consumer price index (CPI) rose by 0.3% in January, a 3.1% increase year-on-year and a decline from 3.4% in December. The numbers were hotter than the 0.2% that […]

Despite an overall market correction, several crypto assets are doing very well. Among them are PYTH and HNT, which both have not only gained ground in the past 24 hours but have seen continued growth. While new developments are a bullish sign, investors should always take these with a grain of salt. Yesterday saw Bitcoin […]

The XRP Ledger (XRPL), operating for more than ten years, expanded its activity in several directions in the fourth quarter of 2023. As a result, the collective market value of tokens on the XRPL surged by 47% quarter-over-quarter to $169 million, as per Messari’s recent report. Currently, the XRPL hosts over 3,300 different assets. However, […]

South Korea’s financial authorities, led by the Korea Financial Intelligence Unit (KoFIU), are planning to implement stringent measures targeting cryptocurrency exchanges. Exchanges failing to meet the stringent standards will face expulsion from the marketplace, according to a report by the KoreaTimes. Authorities will expand the scope of evaluation to block the entry of unfit virtual […]

The Zimbabwean government plans to launch what it calls a “structured currency.” Some commentators and social media users have expressed skepticism over the government’s latest currency plans. Zimbabwe’s Structured Currency The Zimbabwean Finance Minister, Mtuli Ncube, has said his government plans to halt the local currency’s freefall by linking it to gold and establishing a […]

BONE price has maintained tight range since this date

A San Diego man talks to ABC 10News Anchor Melissa Mecija about the cryptocurrency scam that cost him tens of thousands of dollars.

Digital assets manager CoinShares says institutions poured $1.1 billion into crypto investment products one month after the U.S. Securities and Exchange Commission (SEC) approved spot BTC exchange-traded funds (ETFs). In its latest Digital Asset Fund Flows report, CoinShares finds that crypto investment products saw over a billion dollars in inflows last week and show no signs […]

Breaking crypto laws in South Korea could soon come with a steep punishment. The country’s new “Virtual Asset User Protection Act,” which is primed to come into effect in July, prohibits crypto market manipulation, certain types of trading and the use of undisclosed important information regarding digital assets. Violating those regulations and earning an illegal […]

Dogecoin’s current metrics point to a confused path as the broader crypto market rallies after Bitcoin crossed the $50,000 level. Dogecoin has been posting some gains along with the rest of the crypto market, but behind the scenes, the meme coin’s transaction volume and whale transaction count have been discouraging.  According to on-chain data first […]

TL;DR Bitcoin ETFs see massive inflows: Spot Bitcoin Exchange-Traded Funds (ETFs) have attracted nearly half a billion dollars in the past week, indicating a strong appetite for Bitcoin among institutional investors. Bitcoin ETFs devour more BTC than miners can produce: The amount of Bitcoin being purchased by spot ETFs is outstripping the rate at which […]

TL;DR The crypto fear and greed index reached a level of 79 points, indicating “extreme greed” among investors and traders, not seen since November 2021. This increase in greed sentiment coincides with a strong rally in the price of Bitcoin, which surpassed $50,000 and recorded a 17% increase since the beginning of the year. Bitcoin […]

Crypto markets are readying themselves for an expected surge following the scheduled Bitcoin halving later this year. With history suggesting that a bull market will follow hot on the heels of the Bitcoin halving event, experts are assessing which coins will likely make a breakthrough in the crypto market. Experts are tipping Meme Moguls, SEI, […]

Following Bitcoin’s ETF approval, the crypto industry anticipates Ethereum being the next contender. While expressing optimism for an Ethereum ETF, Cathie Wood (CEO of Ark Invest) doubts any coin besides BTC and ETH gaining SEC approval. Some analysts fear Gensler’s clear disdain for the crypto industry might impact a potential Ether ETF approval. The crypto […]

Bitcoin fell below USD $50k after the recent rally, influenced by higher-than-expected U.S. inflation data and market reactions causing a broader drop. Analysts view the market’s fluctuations as normal, with optimism for Bitcoin’s prospects as long as it stays above USD $46k. Market sentiment analysis indicates Bitcoin is entering a renewed phase of belief after […]

Ripple made an announcement of its agreement to acquire Standard Custody & Trust Company, a regulated platform specializing in digital assets. By integrating Standard Custody’s limited purpose trust charter and money transmitter licenses into its repertoire, Ripple aims to fortify its portfolio of regulatory licenses. Ripple’s Diverse License Holdings Strengthen Market Position The surge in […]

Ripple – the company behind the popular cryptocurrency XRP – has announced that it acquired an enterprise-grade regulated platform for digital assets called Standard Custody & Trust Company. According to the official announcement, the move is aimed at underscoring Ripple’s commitment to regulatory compliance. Speaking on the matter was Monica Long, Ripple President, who said: […]

… cryptocurrency scam. As per Soompi, the controversy began when suspicions of a “scam coin” surfaced online, claiming a company reportedly enticed …

NASHVILLE, TN – February 12th, 2024 – Bitcoin Magazine is excited to announce a new partnership with Unchained, the leader in Bitcoin financial services, making them our Official Collaborative Custody and IRA partner in the United States Traditionally, institutional and enterprise investors, whether acquiring bitcoin itself or its derivatives, have turned to large, publicly-traded custodians […]