Bitcoin price briefly rallied over $57,000 triggering a broader crypto market rally. The global crypto market cap leaped 7% to $2.25 trillion, backed by a massive increase in trading volumes. This caused more than $380 million in crypto liquidation in the last 24 hours, with Bitcoin and altcoins funding rates clinching quite high. Crypto Market […]
Ethereum’s Vitalik Buterin Asks Elon Musk to “Join Us”
In a remarkable and unforeseen turn of events witnessed recently, Ethereum founder Vitalik Buterin invited Elon Musk, the founder of X Corp. and Tesla, to team up, according to a post shared on X today, February 27. In a reply to Musk’s post about Microsoft’s PC laptop login fiasco, Vitalik stated, “Would be amazing to […]
ETH Leads Institutional Bets But Retail Still Favor BTC According to Bybit Report
DUBAI, UAE, Feb. 27, 2024 /PRNewswire/ — Bybit, one of the world’s top three crypto exchanges by volume, has released “Navigating Bull and Bear Markets, A Dive Into User’s Asset Allocation” — a new report showing how institutional and retail investors are positioned for the crypto bull market following the approval of the BTC ETF in […]
Binance Waives Fees For BTC, ETH, XRP, SOL, But There’s A Catch
In a strategic move amid a bullish market trend, leading cryptocurrency exchange Binance has announced a temporary promotion offering fee waivers for selected cryptocurrencies on its margin trading platform. Notably, this initiative aims to incentivize users to engage in margin borrowing activities for popular assets like BTC, ETH, XRP, SOL, and more. Meanwhile, as crypto […]
Spot BTC ETFs Experience Record $3.24B Volume Amid Supply Shock
Spot Bitcoin ETFs have experienced a significant surge in trading volume recently, reaching a record $3.24 billion. This surge underscores the growing interest in Bitcoin exchange-traded funds and indicates a notable shift in investor sentiment towards the cryptocurrency market. The surge in spot Bitcoin ETF trading volume is indicative of a supply shock within the […]
Just-In: Veteran Trader Raises Bitcoin (BTC) Price Target to $200K
Peter Brandt, a highly regarded analyst with an illustrious career spanning over four decades in tracking market trends, has recently made a notable adjustment to his forecast for bitcoin (BTC) price in 2025. His latest analysis suggests a significant surge in BTC’s price trajectory, with Brandt now anticipating a peak of $200,000 by August or […]
HTX Pulls Hong Kong License Three Days After Submission, Here’s Why
In a surprising turn of events, the leading cryptocurrency exchange HTX, formerly known as Huobi Global, has withdrawn its application for a license to operate in Hong Kong. Notably, the abrupt retreat comes merely three days after the submission, marking a significant reversal from the company’s earlier plans to expand its presence in the city’s […]
XRP Whale Offloads 27 Mln Tokens As Ripple Tackles New Class Action
In a thrilling turn of events, an XRP whale’s 27 million selloff appears to be birthing a tidal wave of speculations among crypto market enthusiasts across the globe as Ripple, the company behind XRP, faces a new class action suit in California. The mentioned whale transfer, surfacing soon after the news of Ripple’s new class […]
Bitcoin Cash (BCH) Price Shoots 15% Amid Massive Whale Transfers
While the Bitcoin price registered 10% gains on Monday shooting past $57,000, its first offshoot Bitcoin Cash (BCH) is also delivering a strong rally shooting past $300 for the first time in nearly 2 years. At press time, the Bitcoin Cash (BCH) price is up 13.66% with daily trading volume jumping by 260% to $560 […]
Breaking: Bitcoin ETFs Saw $520M Inflow As BTC Price Rally Eyes $60K
Spot Bitcoin ETFs started the week strongly with another major day, recording an inflow of $520 million on Monday. The massive inflow came on the back of bulls going super bullish on bitcoin, pushing BTC price to rally past $57,000. CoinGape earlier reported that a supply shock before Bitcoin halving will result in BTC surpassing […]