The surge in traffic on Wednesday triggered trading outages and displays of $0 balances for users of Coinbase, the largest US digital asset exchange
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
Since the start of 2024, Bitcoin has gained 33 per cent, primarily due to the high demand of its recently launched ETFs
According to experts, the upcoming Bitcoin halving in April may lead to the token retesting its all-time high level of $69,000
The price of Bitcoin has been going up as the date of next of halving, April 19, approaches
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The batch of almost a dozen ETFs, including from investment titans BlackRock Inc. and Fidelity Investments, began trading on Jan. 11
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
After the announcement, Bitcoin briefly touched $47,600, the highest since December 2021, before cooling down to $46,600 for the first time since April 2022
Experts suggest that sustaining the level of $44,000 is important for Bitcoin to establish a positive momentum
Experts suggest that Bitcoin may soon reach the $48,000 level if the momentum persists
According to experts, the current rally comes in the backdrop of optimism around Bitcoin exchange-traded funds
Grayscale had appealed against the US SEC's decision to reject its proposal for converting its Bitcoin Trust into a spot ETF
US Fed chair Jerome Powell on Wednesday said they see 'payment stablecoins as a form of money'
Inflows so far this year hit $8 billion, far exceeding the record set for the whole of 2020 of $6.7 billion, the data showed as of the week ended Oct. 22
This week's move to near $67,000 has traders watching to see how the landscape shifts, now that the first US Bitcoin futures exchange-traded funds are in play
Stock market LIVE: All sectoral indices barring telecom ended in the the negative zone; Declining stocks out-numbered advancing shares in the ratio 2:1 on the BSE
Fund rises as much as 5.4% on debut; over 12 million shares change hands
Investors Cameron and Tyler Winklevoss have been trying for more than 3 years to convince the SEC