Market Overview -Bitcoin price closes above $51,800 -Bitcoin hits $52,800, its highest price since December, 2021 -Volume dominance is 54.0% for bitcoin, 17.7% for ether, and 12.0% for altcoins -Total coin market capitalization is $1.89 trillion, with Bitcoin entering the $1 -trillion era and...
In a report released on Friday, Singapore-based cryptocurrency trading firm QCP Capital said, "The massive inflows are likely to continue as global liquidity flows into BTC spot ETFs. BTC could easily hit a new all-time high before March," the report said. "BTC has regained $50,000 for the first...
U.S. asset manager ArkInvest sold 214,068 shares of Coinbase on Thursday through its ARK, ARKW and ARKF funds, according to ArkInvest Daily. Meanwhile, shares of cryptocurrency exchange Coinbase are up 37% in the past week ahead of its fourth-quarter earnings report. Analysts expect Coinbase's...
"South Korea's N-Po generation - those who have given up on marriage, childbirth and home ownership - are finding new hope in cryptocurrency," according to Cointelegraph, a media outlet specializing in cryptocurrency. "They are suffering from skyrocketing housing costs and inflation, but are...
"The Treasury Department is deeply concerned about the use of cryptocurrencies in any illicit financial activity," said Brian Nelson, Under Secretary for Terrorism and Financial Intelligence at the U.S. Department of the Treasury, in a statement released ahead of an upcoming U.S. Congressional...
After the release of the US CPI data, there was a reversal in investment assets. Major investment assets such as bitcoin, crypto, stocks and gold fell, while Treasury yields and dollar index oil prices rose. Meanwhile, The Block, citing Derrybit data, reported that a significant amount of open...
Robinhood has released its results for the fourth quarter of last year, reporting that it generated $43 million in cryptocurrency transaction-based revenue during the period, according to Blockworks. This brings the company's total transaction-based revenue for last year to $200 million, an...
"Bitcoin's pre-halving dip appears to be over," analyzed crypto trader and analyst Rekt Capital, which has nearly 400,000 followers on X. "BTC tends to experience a dip about 60 days before it halves. This pre-halving dip seems to have accelerated slightly after the recent rally. Prior to the...
Dutch analyst PlanB, the creator of the Stock to Flow (S2F) model, a bitcoin price prediction model, told X: "The data does not support the claim that the bitcoin halving is an overvalued blessing. All BTC bull markets in the past have occurred between 6 months before the halving and 18 months...
Solana (SOL) is the top gainer among the majors (top 20 coins by market capitalization), up more than 8% today (Dec. 12), according to CoinDesk. It has also reclaimed fourth place in the global market capitalization rankings, overtaking BNB. "The Coindesk 20, an index that tracks the top 20...
In an exclusive interview with Coinis, Greg Siourounis, managing director of Layer1 Blockchain's Sui (SUI) Foundation, said, "SUI is in ongoing discussions to collaborate with large Korean companies, and we aim to partner with 20+ Korean companies this year." "The Korean community is a very...
Scott Melker, celebrity investor and host of the crypto podcast The Wolf of All Street, said, "The price of BTC is moving on fading grayscale GBTC selling pressure and anticipation of the April half. We may see some resistance at $5.20-5.30 and if it breaks we can expect more upside. On the other...
