Page 6 - Latest Updates on Bitcoin
Bitcoin nears $64,000, experts say it may beat previous high before halving
The surge in traffic on Wednesday triggered trading outages and displays of $0 balances for users of Coinbase, the largest US digital asset exchange
 "Bitcoin nears $64,000, experts say it may beat previous high before halving")
He should get 6 years in jail, pay back nothing: Sam Bankman's lawyer
Attorneys for the 31-year-old former crypto mogul made their recommendation to US District Judge Lewis A. Kaplan in a 98-page memo late Tuesday ahead of his March 28 sentencing
 "He should get 6 years in jail, pay back nothing: Sam Bankman's lawyer")
Bitcoin rises 39.7% in Feb, heads for biggest monthly gain since Dec 2020
The bigger bitcoin exchange-traded funds (ETFs), which were listed in the US on January 11, have seen a definite pickup in interest this week
 "Bitcoin rises 39.7% in Feb, heads for biggest monthly gain since Dec 2020")
Bitcoin tops $57,000 for 1st time in over 2 years, Ethereum crosses $3,200
Since the start of 2024, Bitcoin has gained 33 per cent, primarily due to the high demand of its recently launched ETFs
 "Bitcoin tops $57,000 for 1st time in over 2 years, Ethereum crosses $3,200")
Grayscale's Bitcoin ETF exodus reaches $7.4 bn in first 30 trading days
That stands in contrast to the other nine freshly launched spot Bitcoin ETFs, all of which are sitting on net inflows since trading began
 "Grayscale's Bitcoin ETF exodus reaches $7.4 bn in first 30 trading days")
TMS Ep638: Paint industry, FDI in space sector, markets, Bitcoin halving
What's attracting big players to paint industry? Can liberalised FDI make India a space superpower? Will Bitcoin extend its rally post the halving event? How does Bitcoin halving work? Answers here
 "TMS Ep638: Paint industry, FDI in space sector, markets, Bitcoin halving")
Bitcoin tops $53,000 to reach highest in more than two years: Report
It last traded at this level in December 2021, and reached an all-time high of almost $59,000 the prior month
Crypto wrap: Bitcoin sees profit booking after touching $1 trn market cap
The focus this week shifted towards Ethereum, as it led prices ahead of Bitcoin and crossed the crucial $3,000 level before falling
Cryptoverse: Breezy bitcoin reclaims $1 trillion crown, up 22% this year
Its resurgence has electrified the broader cryptocurrency market, including ether and other digital coins, which has now exceeded $2 trillion, as per data from CoinGecko
High institutional demand, supply shock could boost Bitcoin further
New entrants should invest systematically with at least a three-year horizon
 "High institutional demand, supply shock could boost Bitcoin further")
Bitcoin reclaims $1 trillion market cap for first time since November 2021
According to experts, the upcoming Bitcoin halving in April may lead to the token retesting its all-time high level of $69,000
 "Bitcoin reclaims $1 trillion market cap for first time since November 2021")
Bitcoin Surges to $50,000 for the First Time Since 2021 on ETF Demand
The original cryptocurrency has tripled in value since the start of last year, climbing back from a 64% plunge in 2022
Crypto wrap: Euphoria around Bitcoin ETFs continues to help market rally
The price of Bitcoin has been going up as the date of next of halving, April 19, approaches
Bitcoin approaches $45,000 with US spot ETFs showing steady inflows
The largest cryptocurrency rose as much as 1.6% to $44,872 on Thursday. Bitcoin last traded above $45,000 on Jan. 12, the day after the ETFs began trading
 "Bitcoin approaches $45,000 with US spot ETFs showing steady inflows")
Regulatory nod for US spot bitcoin ETF options may take months: Report
The Securities and Exchange Commission (SEC) last month approved spot bitcoin ETFs, in a watershed for the crypto industry
 "Regulatory nod for US spot bitcoin ETF options may take months: Report")
Bitcoin slips back toward $40,000 mark as ETF excitement simmers down
The world's largest virtual token declined as much as 3.4% by 7.30 a.m. in New York on Monday, hitting a low of $40,352 - just shy of its lowest point of 2024 recorded on Friday
 "Bitcoin slips back toward $40,000 mark as ETF excitement simmers down")
BlackRock's Bitcoin ETF first to cross $1 billion threshold in inflows
Investors deposited $371 million in the fund on Wednesday, pushing IBIT past the milestone, data compiled by Bloomberg show
 "BlackRock's Bitcoin ETF first to cross $1 billion threshold in inflows")
Bitcoin's ETF hangover saddles token with its worst streak in a month
The batch of almost a dozen ETFs, including from investment titans BlackRock Inc. and Fidelity Investments, began trading on Jan. 11
 "Bitcoin's ETF hangover saddles token with its worst streak in a month")
Crypto wrap: High volatility in market after SEC's approval of Bitcoin ETFs
The crypto market witnessed many highs and lows during the week. Bitcoin touched its highest level in 22 months and soon wiped off the gains
 "Crypto wrap: High volatility in market after SEC's approval of Bitcoin ETFs")
Indian crypto firms welcome US SEC approval for bitcoin ETF, draw hope
US regulator's decision will create 'new era' of crypto asset adoption, they say
 "Indian crypto firms welcome US SEC approval for bitcoin ETF, draw hope")
