H.C. Wainwright & Co. recently released its latest Bitcoin mining update, showing a mixed performance for miners during the third quarter, impacted by broader market uncertainties and the approaching April 2024 Bitcoin halving event. According to the analyst note shared with crypto.news, Bitcoin (BTC) prices remained volatile throughout Q3 2024, affected by concerns surrounding the […]

Bitcoin doesn’t need a collapse of the U.S. dollar to become a six-figure asset class, according to Matt Hougan, Chief Investment Officer at Bitwise, speaking on X. Bitcoin (BTC) has frequently been promoted as a hedge against the weakening purchasing power of the dollar and as a potential beneficiary of a widespread fiat currency crisis. […]

Most cryptocurrencies are trading in the green over the past 24 hours, with Bitcoin surging to $73,000, pushing the global crypto market cap to $2.45 trillion. On October 29, Bitcoin (BTC) reached $73,000, marking its highest price level since the all-time high in March 2024. According to data from crypto.news, Bitcoin surged by 5.7% in […]

The Kingdom of Bhutan has moved Bitcoin to a centralized crypto exchange for the first time since July 1, according to Arkham data. On October 29, Bhutan’s government transferred 929 BTC (worth over $66 million) to a Binance deposit address, slightly reducing its substantial crypto holdings. The transaction was made in two parts: initially, Bhutan […]

Gemini has received in-principle approval from Singapore’s Monetary Authority for a Major Payment Institution (MPI) license, marking a significant step in the cryptocurrency exchange’s Asia-Pacific (APAC) expansion. Founded by Tyler and Cameron Winklevoss, Gemini announced the approval on October 29, highlighting that it advances the company’s application under Singapore’s Payment Services Act 2019. With this […]

Crypto exchange OKX has chosen Standard Chartered as its third-party crypto custodian, enabling institutional clients to meet the growing demand for segregated custody solutions. This partnership between OKX and Standard Chartered aims to strengthen crypto custody services, particularly for institutional investors who are increasingly seeking secure, segregated storage for their digital assets. In a blog […]

Shiba Inu saw a price increase for four consecutive days as both Bitcoin and other altcoins rallied ahead of the upcoming U.S. general election. The second-largest meme coin in the crypto space, Shiba Inu (SHIB), climbed to $0.00001870, marking a 72% increase from its lows in September. This rally coincided with similar gains in other […]

Dogecoin capitalized on the broader market’s bullish momentum, reaching a five-month high of $0.1684 earlier today. Currently, Dogecoin (DOGE) is trading at $0.165, having gained 15% in the past 24 hours. The meme coin’s market capitalization has now surpassed the $24 billion mark, with a daily trading volume of $3.8 billion. According to data from […]

On October 29, 2024, the price of Bitcoin surged past $71,000 for the first time since June 2024. Crypto analysts are predicting that Bitcoin could potentially reach a new all-time high this week if the current upward trend continues. According to data from crypto.news, Bitcoin (BTC) rose by nearly 5% on October 29, reaching $71,267 […]

As speculation mounts over the potential outcomes of next week’s U.S. election, Bitcoin surged past $71,000, coming close to its all-time high and sparking double-digit gains across a variety of altcoins such as DOGE, ENA, POPCAT, and BSV. On October 29, Bitcoin (BTC), the leading cryptocurrency, crossed the $70,000 mark for the first time since […]