Coinbase exchange has crashed amidst the bull markets, as users see a ‘zero’ balance on their accounts. Social media has been flooded with rage from crypto enthusiasts as users cannot access funds from the leading U.S. exchange. Some users have also reported errors in buying and selling, leading to further frustrations. Coinbase immediately acknowledged this error and said it was being...
As Bitcoin’s price grazed the $64,000 milestone on Feb. 28, market indicators indicate an imminent rally to new all-time highs above $70,000. Bitcoin (BTC) grabbed headlines again on Feb. 28, as prices surged to a daily timeframe peak of $64,000, its highest in 830 days. With whale investment metrics still flashing green signals, a new all-time...
Solana’s (SOL) market value has surged to new yearly highs, gaining 13.7% in the last 24 hours, as its price rose from $108 to $123.80 amidst a wider cryptocurrency market rally. The latest surge is attributed to a wave of purchases of the dogwifhat (WIF) memecoin, a digital asset based on the Solana blockchain. The memecoin, featuring...
The U.S. government allegedly transferred Bitcoin (BTC) from two wallets that contained funds confiscated in the 2016 Bitfinex hack. According to Arkham Intelligence, on Feb. 28, from approximately 18:39 UTC to 19:55 UTC, U.S. authorities transferred almost a billion dollars worth of Bitcoin in four transactions. First, the wallet transferred 1 BTC worth $60,200 (at the time...
LONDON (Reuters) - Bitcoin has fallen over one fifth since its peak earlier this month, hit after the United States approved its first spot bitcoin exchange traded fund (ETF), as investors who had bought in expectation of the approval sold after the confirmation. The world's largest crypto currency was last at $38,900, down 20.6% from around...
Grayscale’s Michael Sonnenshein backed the longevity of his firm’s spot Bitcoin ETF as it saw over $2.2 billion in outflows less a week after approval. Holding north of $25 billion in assets under management, Grayscale’s Bitcoin Trust (GBTC) ETF is the biggest spot Bitcoin exchange-traded fund of 11 funds authorized by the United States Securities and...
IntoTheBlock provides insights into the unexpected downturn in Bitcoin’s market, particularly following the approval of the Bitcoin ETF. Data shared in a Jan. 19 X post by blockchain analytics firm IntoTheBlock shows that Bitcoin (BTC) prices have decreased by approximately 10% in the past week, a trend that contradicts many market predictions. The firm’s analysis reveals several key...
U.S. lawmakers have urged the Securities and Exchange Commission (SEC) to review its cyber security preparedness after the financial regulator's X account posted market material information earlier in the week due to a hack. Someone briefly accessed its X, formerly called Twitter, account on Tuesday, the agency had confirmed, and posted a fake message saying it...
Users reported seeing spot Bitcoin ETF symbols on trading platforms ahead of approval from the SEC. Fidelity’s retail trading app showed spot Bitcoin ETF tickers, including ARK 21Shares Bitcoin ETF (ARKB), although one user confirmed that trading was unavailable for now. Shortly after, Bloomberg notably listed 11 Bitcoin (BTC) ETFs on its terminal under the “pending listing” designation. The Chicago Board Options...
The United States Securities and Exchange Commission (SEC) approved multiple spot Bitcoin ETFs on Jan. 10. According to an official SEC filing, spot Bitcoin ETFs have been approved for listing on all registered national exchanges in the U.S., including the Nasdaq, NYSE, and CBOE, following a decade-long hunt for these products. The approval means ETFs will go live in trading...
