Bitcoin may now be closing in on $63k as the bulls goad it towards and beyond its former all-time high of $69k, but according to one metric, realized capitalization, the world’s biggest cryptocurrency has already closed in on a historic peak.
During the US session, Bitcoin price is exhibiting a slight bearish correction, giving up most of it’s gain to trade at $60,750, a 0.70% increase over the last 24 hours.
Bitcoin (BTC) miners are offloading part of their assets as they look towards the upcoming halving amid increased market activity and the rising Bitcoin price.
Morgan Stanley is considering adding spot Bitcoin exchange-traded funds (ETFs) to its brokerage platform and is currently in the process of conducting due diligence, according to a CoinDesk report citing two sources familiar with the matter.
Bitcoin (BTC/USD) surged to $61,400, marking an impressive 8% increase on Thursday. This uptick coincides with Marathon Digital’s introduction of the Anduro Layer-2 network, aimed at amplifying Bitcoin’s scalability and fostering innovation within the digital currency sphere.
Marathon Digital, a prominent Bitcoin (BTC) mining company based in the United States, has seen a remarkable surge in revenue in 2023, leading the company to achieve substantial profitability.
As Bitcoin approaches a monumental milestone, speculation around its price trajectory intensifies, with many wondering if reaching $100,000 in March is within the realm of possibility. The recent surge to $59,674.50 is a testament to the cryptocurrency’s bullish momentum, boasting a notable 4.54% increase within just 24 hours.
Family office-backed crypto investment firm, Deus X Capital, has agreed to purchase institutional digital assets firm HAYVN for an undisclosed amount.
BlackRock’s spot Bitcoin exchange-traded fund (ETF) trading under the ticker symbol “IBIT” broke its personal record on Tuesday attracting $1.3 billion record daily volume, according to Eric Balchunas from Bloomberg Intelligence.