Bitcoin is closing out the week on a rather bearish note after suffering a massive crash in the early hours of Friday. The crash pushed the price below $66,000, drawing the rest of the crypto market down with it in the process. The reason for this crash could be traced back to what started the bull run in the first place – Spot Bitcoin ETFs. Spot Bitcoin ETF Net Flows Suffer After a long strength of what seemed to be only inflows for Spot Bitcoin ETFs across the space, institutions…
Day: March 15, 2024
Marathon to Acquire Applied Digital’s 200 MW Texas Bitcoin Mining Site
The Nasdaq-listed mining enterprise Applied Digital has concluded a definitive pact for selling its 200-megawatt (MW) mining facility in Garden City, Texas. Applied Digital disclosed that the transaction involves Marathon Digital Holdings acquiring the Garden City mining property for a sum of $87.3 million. Applied Digital and Marathon Ink $87.3 Million Deal for Texas Mining […] Original
DeeStream presale ignites Ethereum and Bitcoin markets
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. March is marked by a significant surge in interest as Ethereum (ETH) and Bitcoin (BTC) investors eye potential returns, focusing on the DeeStream (DST) presale amidst a lively month for the cryptocurrency market. Ethereum over $4,000 is underpinned by dynamics in the derivatives market and an upcoming Dencun upgrade promising a range of cost-cutting measures. Bitcoin targets…
Cosmos-Based Canto Blockchain Unveils ‘Cyclone Stack’ in Runup to Polygon Move
The Cyclone Stack will include upgrades aimed at scaling and improving performance of the blockchain. Source link
Ether Could Be a Meaningful Earnings Driver for Coinbase, JPMorgan Say
CryptoX – Cryptocurrency Analysis and News Portal The bank raised its price target for the crypto exchange to $150 from $95. Source The post Ether Could Be a Meaningful Earnings Driver for Coinbase, JPMorgan Say appeared first on CryptoX. CryptoX Portal
Ether Could Be a Meaningful Earnings Driver for Coinbase, JPMorgan Says
The bank raised its price target for the crypto exchange to $150 from $95. Source
Predicting the Peak — Analysts Gauge the Duration and Climax of the Current Bitcoin Bull Run
Over the past six months, bitcoin’s value has seen a substantial increase, soaring over 160% in comparison to the U.S. dollar during this period. Despite these significant gains, a considerable number of individuals are of the opinion that this upward trend is just beginning. Yet, the exact start of this crypto bull market is still […] Original
MicroStrategy to Buy More Bitcoin (BTC) With New Debt Offering
The convertible senior notes will have an interest rate of 0.875% per annum compared to 0.625% in a sale of $800 million of similar debt that took place just days ago. The conversion rate of the new notes will be equivalent to $2,327.31 per share, representing a premium of approximately 40% on MSTR’s Thursday average price of $1662.20. Original
Jump Trading Expands Global Presence with Vienna Stock Exchange Listing
The Vienna Stock Exchange has added Jump Trading Europe B.V. as its newest international trading member. This move marks a significant addition to the exchange’s list of members, now totaling 70, with 21 Austrian and 49 international banks and securities firms in its network. Jump Trading has branches in Amsterdam, Bristol, London, and Paris. Dedicated Forex cloud solutions with stable and fast cross-border connections capable of high-demand scenarios. Alibaba Cloud helps Forex traders to operate securely and globally. Click to know more! Christoph Boschan, the CEO of the Vienna Stock…
Bitcoin Crash Triggered By Failed $1B Hedge Fund Trade: Expert
The Bitcoin price has crashed from over $72,000 yesterday to as low as $65,500. As reported earlier today, there are several obvious reasons for this, such as the liquidation of extensive long positions on the red-hot futures market, expectations of a “higher for longer” policy by the US Federal Reserve as a result of hotter than expected inflation data and a relatively weak inflow day for the spot ETFs yesterday. Did This Trigger The Bitcoin Crash? However, there is also a rumor that reveals yet another hidden reason for the…