The bank raised its price target for the crypto exchange to $150 from $95. Source
Ether Could Be a Meaningful Earnings Driver for Coinbase, JPMorgan Says
Month: March 2024
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…
IRCTC India pioneers NFT tickets for the vibrant Holi festival trains
For the Hindu festival of Holi, the Indian Railway Catering and Tourism Corporation (IRCTC) has introduced nonfungible tokens (NFTs) as tickets. These NFTs will be issued to passengers on the newly launched semi-high-speed Tejas Express trains 82501 and 82502 traveling to Delhi from March 20th to April 2nd. This initiative aims to offer travelers a unique experience by integrating the traditional aspects of the festival with modern digital technology. In the spirit of Holi, IRCTC unveils a vibrant tapestry of NFT tickets for the Lucknow-New Delhi-Lucknow IRCTC Tejas trains (82501/82502),…
Bitcoin Technical Analysis: Sharp Downturns as Bearish Trends Dominate Price Movements
Bitcoin witnessed a notable intraday swing from $65,569 to $73,794, reflecting a volatile market environment. Despite this turbulence, its market capitalization still holds strong at just over $1.3 trillion, supported by a substantial 24-hour trading volume of $89 billion. Bitcoin The analysis of bitcoin’s (BTC) oscillators and moving averages (MAs) presents a mixed signal for […] Original
El Salvador Holds More Bitcoin (BTC) Than Expected
Bitcoin-forward Central American nation El Salvador this week moved $400 million of bitcoin (BTC) – “a big chunk” – into a cold wallet, President Nayib Bukele said in a post on X (formerly Twitter). Bukele referred to the new setup as “our first #Bitcoin piggy bank.” El Salvador stored the cold wallet “in a physical vault within our national territory,” he said, including a photo of a wallet that held 5,689.68 BTC, worth $411 million at Thursday’s prices. A bitcoin treasury of that size places El Salvador’s holdings far higher…
Bitcoin shows its volatility once again, tumbling back to $67,000 in overnight decline
Bitcoin offices are seen in Istanbul, Turkey, on February 28, 2024. Umit Turhan Coskun | Nurphoto | Getty Images Bitcoin suffered a steep drop in overnight trading, showing that the world’s largest cryptocurrency hasn’t shaken its tendency for big drops despite continuing to gain acceptance within the mainstream financial world. Data from Coin Metrics shows bitcoin was trading above $72,000 late Thursday night before falling to about $67,000 on Friday, a decline of roughly 7%. Stock Chart IconStock chart icon Bitcoin fell sharply overnight after trading above $72,000 on Thursday.…
Next Generation Crypto Casino ‘Bombastic’ Set to Launch
PRESS RELEASE. The team from Betmax Entertain is thrilled to announce the launch of a new crypto casino – Bombastic, a next-generation online crypto casino that brings together the dynamic world of cryptocurrencies with thousands of games including Slots, Blackjack, Poker, Roulette, and more. With Bitcoin’s recent price volatility in sharp focus, the release of […] Source CryptoX Portal