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Bitcoin Technical Analysis: BTC Resilience Maintains Amidst a Balanced Crypto Market – Markets and Prices Bitcoin News

Bitcoin Technical Analysis: BTC Resilience Maintains Amidst a Balanced Crypto Market – Markets and Prices Bitcoin News

Bitcoin’s price continues to demonstrate resilience in the face of market fluctuations, settling at $42,902 to $43,091 within the last hour, with a modest uptick of 0.4% in the last 24 hours. This week’s growth of 0.7%, coupled with a 6.8% increase over the past two weeks, highlights the ongoing range-bound dynamics within the crypto…

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Blackrock's Bitcoin ETF Rockets to Top Five in 2024 ETF Inflows After Just 17 Days – Finance Bitcoin News

Blackrock's Bitcoin ETF Rockets to Top Five in 2024 ETF Inflows After Just 17 Days – Finance Bitcoin News

Blackrock’s Ishares Bitcoin Trust (IBIT) has rapidly ascended to the upper ranks of the exchange-traded funds (ETFs) market, landing among the top five in terms of 2024 inflows in just 17 days, showcasing the burgeoning investor interest in cryptocurrency as a legitimate asset class. Blackrock’s Bitcoin ETF Inflows Greater Than 99.98% of ETFs This Year…

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Bitcoin Emerges as 'Flight to Safety' Asset, Outshining Gold, Says Cathie Wood – Finance Bitcoin News

Bitcoin Emerges as 'Flight to Safety' Asset, Outshining Gold, Says Cathie Wood – Finance Bitcoin News

ARK Invest’s CEO Cathie Wood believes there is a shift in investment trends, specifically, a growing preference for bitcoin over traditional gold investments. This trend has been particularly pronounced following the launch of spot bitcoin ETFs, offering investors streamlined access to the cryptocurrency. Cathie Wood Says Investors Are Shifting From Gold to Bitcoin Amid Financial…

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Vast Bank Withdraws From Cryptocurrency Sector, Shuts Down Mobile App – Regulation Bitcoin News

Vast Bank Withdraws From Cryptocurrency Sector, Shuts Down Mobile App – Regulation Bitcoin News

Vast Bank, the U.S. financial institution that once offered customers the unique ability to manage cryptocurrencies alongside traditional banking, is exiting the digital asset space and shutting down its crypto mobile app in response to a consent order from the Office of the Comptroller of the Currency (OCC). Vast Bank Closes Cryptocurrency App, Exits Digital…

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South Korean Regulator Plans to Discuss Crypto Rules With US SEC Chair Gary Gensler – Regulation Bitcoin News

South Korean Regulator Plans to Discuss Crypto Rules With US SEC Chair Gary Gensler – Regulation Bitcoin News

South Korea’s financial watchdog chief is planning to visit the U.S. to discuss crypto regulation with the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, with a focus on the SEC’s recent decision to approve spot bitcoin exchange-traded funds (ETFs). He stressed that currently, the impact of SEC policies on the world…

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Judge Orders Ripple to Comply With SEC's New Discovery Requests Concerning XRP – Legal Bitcoin News

Judge Orders Ripple to Comply With SEC's New Discovery Requests Concerning XRP – Legal Bitcoin News

A federal judge has ruled in favor of the U.S. Securities and Exchange Commission (SEC) and ordered Ripple to comply with the regulator’s post-complaint discovery requests concerning XRP. Ripple must also answer an interrogatory regarding the amount of XRP institutional sales proceeds it received after the SEC complaint was filed. Judge Grants SEC’s Motion Against…

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Grayscale Reduces Bitcoin Holdings as Competing ETFs Continue to Bolster Reserves – Bitcoin News

Grayscale Reduces Bitcoin Holdings as Competing ETFs Continue to Bolster Reserves – Bitcoin News

After the trading activity on Monday, which saw $642 million in transaction volume, Grayscale’s Bitcoin Trust sold off approximately 3,426.99 bitcoin, valued at around $147 million. Following Tuesday’s trading activity, GBTC offloaded an additional 2,565.39 bitcoin, valued at $110 million. Concurrently, Blackrock’s IBIT has acquired an additional 3,235.87 bitcoin, while Fidelity’s FBTC has secured 2,732.75…

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Onchain Bitcoin Fees in 2024: A Closer Look at Transaction Costs and Delays – Blockchain Bitcoin News

Onchain Bitcoin Fees in 2024: A Closer Look at Transaction Costs and Delays – Blockchain Bitcoin News

Data gathered over the last 36 days reveals that the Bitcoin network’s average transfer fee has consistently exceeded the $3.68 mark, while costs for median-sized transactions have not dipped below the $1.67 threshold. As of Feb. 6, 2024, insights from Bitcoin’s transaction queue highlight a significant backlog of 221,799 transactions awaiting confirmation. Bitcoin Transfer Fee…

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Solana Mobile's ‘Chapter 2’ Crypto Phone Surpasses 60,000 Preorders – Hardware Bitcoin News

Solana Mobile's ‘Chapter 2’ Crypto Phone Surpasses 60,000 Preorders – Hardware Bitcoin News

The crypto community has shown remarkable support for Solana Mobile’s upcoming “Chapter 2” smartphone, amassing over 60,000 preorders after its announcement, as the company gears up for a launch in 2025. Solana Mobile’s ‘Chapter 2’ Phone Hits 60K Preorders Ahead of 2025 Launch Solana Mobile’s upcoming “Chapter 2” crypto phone has already garnered 60,000 preorders,…

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