Crypto News

Ripple (XRP), the fourth largest cryptocurrency, has led the cryptocurrency market with a notable 10% surge in 24 hours, targeting the $0.7 value. This impressive growth has outpaced many other cryptocurrencies, including Bitcoin, which remains static at around $35K despite a modest 2% weekly rise. As a result of Bitcoin's flat daily performance, its market dominance has dropped below 50%, triggering a surge in altcoins. Among the altcoins, NEO and KuCoin's KCS have made significant gains, with NEO up by 14% and KCS by 11%. In contrast, Solana (SOL) is taking a pause from its rally, while EGLD has seen an 8% daily decrease despite holding a nearly 50% weekly increase. The surge in XRP is attributed to escalating institutional interest...

Business intelligence firm MicroStrategy has notched a paper gain of $900 million on its stack of 158,400 Bitcoin, spurred by optimism over the potential approval of spot Bitcoin exchange-traded funds. The Michael Saylor-founded firm added 6,067 Bitcoin (BTC) since the third quarter, including another 155 in October, according to MicroStrategy’s Nov. 1 results filing. MicroStrategy’s CEO Phong Le said the firm isn’t shying away from its Bitcoin strategy any time soon. The firm revenue increased 3% year-on-year to $129.5 million over the quarter, however it wasn’t enough to keep the firm out of the red, recording a net loss of $143.4 million. Digital asset impairment losses and income taxes attributed to $33.6 million $109.6 million...

Penganalisis Bernstein memulakan liputan penyelidikan mengenai sektor perlombongan Bitcoin, dengan keadaan menaik mengenai syarikat Riot Platforms (NASDAQ:RIOT), CleanSpark (NASDAQ:CLSK) dan Marathon Digital Holdings Inc (NASDAQ:MARA) setelah firma tersebut membuat penyelidikan semenjak awal lagi. Riot dan CleanSpark memperoleh penilaian berprestasi, manakala MARA dinilai dengan prestasi pasaran. Idea yang baik hanya sebaik masanya - ETF yang diluluskan oleh SEC oleh pengurus aset terkemuka dunia (BlackRock (NYSE:BLK), Fidelity et al), nampaknya akan berlaku. Bitcoin 'halving' (ganjaran BTC separuh setiap 4 tahun) akan dibayar pada April '24. Pelombong Bitcoin yang berjaya seperti (Riot, CleanSpark) ialah cara beta tinggi untuk...

(Bloomberg) -- Digital-asset investment products such as Bitcoin futures exchange-traded funds have seen the largest single week of inflows since July of last year. The funds raked in about $326 million with expectations rising that the US Securities and Exchange Commission is poised to approve a spot-based Bitcoin ETF, according to a report by crypto asset manager CoinShares on Monday. The optimism is also helping to boost demand for so-called altcoins, with Solana-related products seeing $24 million in inflows. Ether, the second largest cryptocurrency after Bitcoin, saw $6 million in outflows. Forecasts for the approval of a spot Bitcoin ETF have been increasing since the SEC declined to appeal an August court ruling that threw out...

(Bloomberg) -- Bitcoin extended a rally fueled by expectations of fresh demand from exchange-traded funds, reaching the highest price since May last year. The largest digital asset rose as much as 10.3% before paring the increase to trade 7.7% higher at $33,950 as of 9:53 a.m. in Singapore on Tuesday, taking its year-to-date rebound from 2022’s digital-asset rout to more than 100%. The possible approval in coming weeks of the first US spot Bitcoin ETFs is stoking speculative ardor for the token. Asset managers BlackRock Inc. and Fidelity Investments are among those in the race to offer such products. Digital-asset bulls argue the ETFs would widen adoption of the cryptocurrency. A US federal appeals court on Monday also formalized a...

Pemegang kad sedia ada masih tetap menggunakan kad tersebut sehingga 20 Disember 2023. Kad Binance mula ditawarkan di Kawasan Ekonomi Eropah sekitar tahun 2020. Binance, medium pertukaran cryptocurrency terbesar di dunia, mengumumkan berakhirnya perkhidmatan kad debit Visa di Eropah. Pengguna sedia ada kad Kawasan Ekonomi Eropah masih boleh menggunakannya sehingga 20 Disember sebelum ia dihentikan sepenuhnya, mengikut catatan blog terkini Binance. Kad Binance Visa membolehkan pengguna menukar dan menggunakan pelbagai jenis cryptocurrency di lebih daripada 60 juta peniaga dalam talian dan luar talian di seluruh dunia. Kad tersebut ditawarkan kepada pengguna dari negara-negara Eropah seperti Perancis, Jerman, dan Sepanyol. Pengumuman...