In today's big story, we're looking at bitcoin's latest rally and what's driving it so high this time around.

Pomp Investments founder Anthony Pompliano evaluated the future of Bitcoin (BTC) in his statement. Continue Reading: Investor with $450 Million Wealth Speaks on the Future of Bitcoin

Ilya Lichtenstein, the man behind the Bitfinex hack, is now helping federal prosecutors as a witness against Bitcoin Fog Mixer in a Washington trial. Lichtenstein pleaded guilty to money laundering […] The post Bitfinex Hacker Now A Witness Against Bitcoin Fog Mixer In Washington...

Stock market indexes (^DJI, ^IXIC, ^GSPC) close out their second day in a row in the red. Yahoo Finance's Julie Hyman and Jared Blikre highlight the selloffs attributed to lagging tech leaders and bitcoin's (BTC-USD) rapid fall after surpassing its all-time high. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

(Bloomberg) -- For a brief moment, nearly everyone who ever invested in Bitcoin was profitable. Now, with the cryptocurrency retreating from its still fresh record high, all are left to wonder how long they’ll be caught up in the “sell-the-news” trade that has followed. Most Read from BloombergOlivia Rodrigo Is Not Kid-Friendly? Don't Act Surprised.Tech Giants Drag Down US Stocks After Torrid Rally: Markets WrapApple’s iPhone Woes in China Deepen With a 24% Sales PlungeGold Climbs to Record as M

Bitcoin rises to record high

Grayscale's spot Bitcoin ETF allows retail investors to get involved with the world's largest cryptocurrency.

Matt Hougan, Chief Investment Officer of Bitwise Asset Management, touched upon the rally in Bitcoin in his statement. Continue Reading: Bitcoin Spot ETF Company Manager Predicts How Long the Rally in BTC and Cryptocurrencies Can Continue

Bitcoin slumps after hitting all-time high

Uncertainty over Fed interest rate cuts and the continued strength of tech stocks has brought caution to the market.

After a violent selloff in the wake of new all-time highs, just how low can Bitcoin go?

1 XLM price witnessed a range breakout and has picked momentum. 2 The HBAR coin exhibited a sharp surge and started to skyrocket gains. 3 Bitcoin SV (BSV) coin has surpassed the $100 mark and is glimpsing bullishness. Stellar (XLM), Hedera Hashgraph coin (HBAR), and the Bitcoin S...

The major crypto exchange had reported a prior problem resolved just minutes before the latest outage.

Bitcoin Hits Low, Falls Below $62,000

As Bitcoin hovers near its all-time high, the cryptocurrency market is abuzz with excitement and speculation. However, this attention to Bitcoin has led to many altcoins, such as Kaspa, being overlooked. In a recent video, the YouTube channel Tactical Investing addresses the “FUD...

Ian Rodgers, senior manager of hardware wallet manufacturer Ledger, spoke about the rise in Bitcoin (BTC). Continue Reading: Ledger Senior Executive Explains the Reasons for the Recent Big Rally in Bitcoin

US stocks pull back as bitcoin, gold score record highs

While many have made claims on where they see Bitcoin going in the future, very few are as notable as the predictions made by Ark Invest CEO Cathie Wood. Her base case for 2030 is a Bitcoin price of $600,000, almost 10 times that of the current price. In her bull case, she sees Bitcoin reaching $1.5 million by 2030. If Bitcoin were to reach a $1.5 million price level, the market cap would be more than $30 trillion. Her initial bull case prediction was $1 million, but she upped it to $1.5 million

Bitcoin broke the all-time high price record on the Coinbase exchange and immediately saw a sharp correction. Continue Reading: What Do Experts Think About The Correction After The Big Rally In Bitcoin?

There have been very hot moments in the cryptocurrency market with the decline in Bitcoin in recent hours. Continue Reading: JUST IN: There is a Big Sudden Decline in Bitcoin – $1.11 Billion Liquidation in the Last 24 Hours! Here are the Details

Why does Bitcoin have multiple reported all-time highs, as opposed to a universally agreed figure?

Demand for spot bitcoin ETFs and institutional investor interest in crypto help push prices higher.

Uncertainty over Fed interest rate cuts and the continued strength of tech stocks has brought caution to the market.

Bitcoin Falls 11% In Rout

Bitcoin price corrrection Microstrategy's $600M move to buy more Bitcoin stirs the market, as Michael Saylor's strategy bolster...

The price of Bitcoin (BTC-USD) topped a new all-time trading high on Tuesday morning but the cryptocurrency has since sold off

In the past few days, the cryptocurrency market has seen Bitcoin (BTC) reaching its all-time high and meme coins in the spotlight as the week’s top performers. The euphoria dominated the space, and some cryptocurrencies could now...

TeraWulf Inc., a leading operator of environmentally clean, vertically integrated bitcoin mining facilities, reaffirmed its operational stability and expansion plans at the Nautilus facility despite Talen's recent sale of the Cumulus data center campus to Amazon Web Services. The...

Riot Platforms, Inc., a leading entity in the Bitcoin mining domain, announced its production and operations updates for February 2024, marking a significant stride in its quest for enhanced mining efficiency and operational expansion. Despite a month-over-month and year-over-yea...

The Bitcoin Cash price prediction shows that BCH falls toward the 9-day and 21-day moving averages as the selling pressure may come heavy in the [...]

Bitcoin has given up most of the gains accumulated since the start of the week after falling to $63,500 in a matter of hours.

According to the data, the Bitcoin price showed a sudden big drop in Euro terms on Coinbase. So what is the reason for the decline? Continue Reading: Bitcoin Price in Euro Pairs on Coinbase Declined Momentarily to $ 52,000: What’s Happening?

Traders liquidated their profits as soon as Bitcoin reached its all-time high today, withdrawing over $142 million in an hour. 

Bitcoin HODLers are close to entering a euphoric selling state, though the Bitcoin bull market could continue for several more months.

The post Dogecoin And Shiba Inu Gain Big As On-Chain Metrics Support Momentum: Here Are The Next SHIB And DOGE Price Levels appeared first on Coinpedia Fintech News With Bitcoin (BTC) setting its sights on a retest of its all-time high (ATH) this week, the meme coin sector, led b...

Solana is now the fouth-biggest cryptocurrency by market cap

An analyst from analytics firm Bernstein made an interesting prediction regarding the assets under management of Bitcoin Spot ETFs. Continue Reading: Bernstein Estimates a Remarkable $ 650 Billion for Bitcoin Spot ETFs

Record trading volumes in Bitcoin ETFs reflect growing investor interest and market confidence.

Bitcoin briefly topped $69,000 early Tuesday. The price has surged over the past year, fueled by regulatory approval for ETFs in the digital currency.

Bitcoin just achieved a huge price milestone by surpassing its previous all-time high of $69,000 set in November 2021. This remarkable feat was driven by a surge in institutional buying pressure, as confirmed by the popular crypto analyst, CryptoBusy. However, the euphoria was sh...

The post Latest Crypto Update: Bitcoin Hits New All-Time High Above $69,000, Ethereum Nears $4,000, Is Furrever Token (FURR) the Next to Soar? appeared first on Coinpedia Fintech News In a digital symphony of surging values, Bitcoin (BTC) has once again taken the lead, soaring to...

Upbit, South Korea's largest cryptocurrency exchange, is experiencing unusual trading volumes in 5 altcoins, according to data. Continue Reading: Unusual Trading Volumes Observed in 5 Altcoins in South Korea as Bitcoin Beats Its Record

Some cried. Some gloated. Some got poetic. But all were in reverence about Bitcoin setting a new all-time high for the first time since 2021.

As traditional institutions pour money into bitcoin, the cryptocurrency's latest meteoric rally to a record high may have more legs than in 2021, experts say. The world's largest cryptocurrency, notorious for its volatility, touched $69,202 on Tuesday, driven by excitement over new U.S. spot bitcoin exchange-traded funds (ETFs) and expectations the Federal Reserve will begin cutting U.S. interest rates this year. Just months after retail exuberance helped drive bitcoin to its previous record in November 2021 the cryptocurrency crashed, taking half the crypto industry with it.

Key Points Bitcoin’s price briefly surpassed $69,000, triggering a surge in liquidations of leveraged positions due to a quick pullback. The overall crypto market experienced over $383 million in liquidated long positions in the last 24 hours. Bitcoin’s value momentarily spiked, ...

Bitcoin's price surged briefly, touching a new all-time high above the $69,000 mark on Tuesday. However, the peak was fleeting, and a swift pullback …

Key Points Osprey Funds may liquidate its Bitcoin trust if it cannot merge with an exchange-traded fund (ETF). The firm is considering various options and is in discussions about a potential sale or merger with an existing Bitcoin ETF. Digital asset management firm, Osprey Funds,...

Digital asset manager Osprey Funds announced that it may have to liquidate its bitcoin trust if it can't find an exchange-traded fund to rescue it. …