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  • Bitcoin ETFs touch $7.6 billion in volume February 29, 2024
    Bitcoin ETFs have shattered volume records once again. The reported number stands at $7.6 billion, with BlackRock leading the way. IBIT recorded a total of $3.3 billion, out of which $2.2 billion was recorded until 1 p.m. ET. The numbers are true as of the end of Wednesday. Next in line are Grascale’s GBTC and […]
    Roxanne Williams
  • Bitcoin skyrockets; analysts lay out the reasons February 29, 2024
    Bitcoin is exchanging hands at $63,330.60 at the time of articulating this piece. The vertical rise of 10.845 in the last 24 hours is the center of attention, with several analysts quoting reasons, backing the further rise of the token in their own words. It brings BTC close to the previous ATH, setting the stage […]
    Trevor Holman
  • BTC supply in profit ratio is at 94.98%, which is very high February 28, 2024
    The profit ratio for the supply of Bitcoin is the highest at 94.98%. It serves as an indicator for determining the highs and lows of a prolonged cycle. The present ratio is identical to the ratio documented during the zenith of the echo bubble in 2019 and the onset of the bull market in 2020. […]
    David Cox
  • The rising dominance of mobile iGaming with Bitcoin! February 28, 2024
    The intersection of the mobile iGaming industry and cryptocurrencies has given birth to a revolutionary concept known as Bitcoin mobile iGaming. This has become an emerging sector, experiencing remarkable innovation and growth and presenting challenges and opportunities for players and developers. The technological advancement has led to a massive increase in the popularity of mobile […]
    Roxanne Williams
  • How athletes are driving mainstream adoption of Bitcoin? February 28, 2024
    Bitcoin has exploded in popularity over the past few years, going from an obscure cryptocurrency to a mainstream financial asset class. While the average person may struggle to understand Bitcoin and its underlying blockchain technology, high-profile athletes have driven broader public awareness and adoption. Through partnerships with crypto platforms, adding Bitcoin to their investment portfolios, […]
    David Cox
  • Peter Brandt raises his projection for the Bitcoin price to $200k February 27, 2024
    Peter Brandt, a notable trader in the crypto sphere, raised his projection for the value of Bitcoin tokens. Brandt expects the bull market cycle to last until August/September next year, that is, 2025. The earlier projection had a value of $120,000. He raised that to $200,000. Irrespective of the mark he puts forward, both values […]
    Roxanne Williams
  • Bitcoin miners look to go through the next Difficulty Adjustment February 27, 2024
    Bitcoin Miners are looking at the potential decrease in difficulty. It is anticipated that the next adjustment will happen on February 29, 2024. The initial was on January 20, 2024, with a drop of 3.9% at the block height of 826,560. Increases in prior and subsequent adjustments have been 1.65%, 7.33%, and 8.24%. The upcoming […]
    Trevor Holman
  • Bitcoin reaches a 2-year high value of $57,000 February 27, 2024
    Markets closing on February 26, 2024, showed the value of BTC above $57,000. That marked the highest in the last two years. More specifically, BTC was last at that level in November 2021. However, the rally lasted for a little while before dropping to $56,000. Experts said that the rise is driven by ETF inflows […]
    Roxanne Williams
  • Reddit files IPO, names Bitcoin and Ether holdings February 23, 2024
    Reddit submitted an application for an IPO with the US Securities and Exchange Commission. It revealed that Reddit has substantial holdings in Bitcoin and Ether. Also, Reddit invested in Ether and Polygon as a form of payment for sales of certain virtual goods. Reddit’s IPO filing is part of its attempt to get listed on […]
    Trevor Holman

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