Bitcoin Price Below $80,000 At Halving Could Trigger Miner Losses – Fidelity
Fidelity Digital Assets speculates losses for some miners if the Bitcoin price remains under $80,000 after the upcoming halving in April. The company released its 2024 market outlook, highlighting the growth recorded so far in Bitcoin, the state of miners, and
Cathie Wood’s ARK Sells More Coinbase Stock Amid Bitcoin Surge
ARK Invest, the asset management firm led by prominent Bitcoin (BTC) advocate Cathie Wood, has sold a significant amount of Coinbase stock ahead of the crypto exchange’s impressive earnings report. According to a filing on Thursday, ARK Invest sold $34.3 million
COMAI’s Rollercoaster Week: 109.67% Gain vs 28.89% Drop
COMAI’s Rollercoaster Week: 109.67% Gain vs 28.89% Drop Commune AI (COMAI) token is currently trading at $2.89. It’s price plunged by a significant 28.89% over the last 24-hours. This recent downturn contrasts sharply with its 7-day performance, which shows an impressive
USD-Pegged Stablecoins Could Boost Dollar Dominance: Fed Governor
The US Fed Governor Christopher Waller, who previously voiced cryptos are “risky,” now throws a positive stance on dollar-pegged stablecoins. Speaking at a conference in Nassau, Bahamas on Thursday, Waller said that decentralized finance (DeFi) could actually boost dollar dominance. He
VanEck Slashes Bitcoin ETF Fees Down to 0.20% in Competitive Market
VanEck has slashed its fees for the HODL exchange-traded fund (ETF), the VanEck Bitcoin Trust down to 0.20% from 0.25% according to a recent filing submitted to the Securities and Exchange Commission. Nearly a dozen Bitcoin ETFs are competing for investor
Bitcoin Price Prediction Rallies as Coinbase Profits Soar, ETFs Drive $1T Market
Bitcoin price prediction continues to be bullish amid Coinbase Global’s revelation of its first quarterly profit in two years, buoyed by the SEC’s approval of Bitcoin ETFs, underscores a significant moment for the cryptocurrency market. This development, alongside a 57% surge
Lava Network Raises $15 Million in Seed Funding, Introducing Magma
Lava Network has successfully secured $15 million in a seed funding round, introducing the next phase of the mainnet. According to a recent blog post by Lava Network, the seed funding round was co-led by Tribe Capital, Jump Capital, and Hashkey
Law Firm Handling FTX’s Bankruptcy Case Expected to Become Binance’s Independent Monitor
New York-based law firm Sullivan & Cromwell, which is currently handling FTX’s bankruptcy case, is expected to be appointed as the independent monitor for Binance Holdings. The move comes after Binance reached a multibillion-dollar settlement with the US government. As part of
51% Attacks on Bitcoin and Ethereum Networks Are Not Possible Due to Impractical Costs: Coin Metrics
It is no longer viable for nation-states to destroy the Bitcoin (BTC) and Ethereum (ETH) networks through 51% attacks. According to the latest research from crypto intelligence firm Coin Metrics, the astronomical costs required to carry out such attacks make them
Bitcoin Price Holds Above $52,000 As Pre-Halving Rally Intensifies
Bitcoin’s recent price surge past $52,000 has sparked speculation about a pre-halving rally, a historical trend associated with the upcoming reduction in mining rewards. Analyst Jag Kooner, Head of Derivatives at Bitfinex, believes the current market movement aligns with such a