Russia to Enact a Ban on Domestic Operations Of Cryptocurrency Exchanges – Regulation Bitcoin News

Russia is preparing to enact a ban on the organization of cryptocurrency exchanges in the country via the approval of a bill that regulates mining activities. According to statements made by Russian Duma Financial Market Chairman Anatoly Aksakov, digital financial assets like the digital ruble will be allowed to circulate. State Duma to Enact Ban … Read more

ETF Analyst Offers Sober Outlook on Newly Approved Hong Kong Bitcoin ETFs; Challenges $25B Inflow Estimate – Finance Bitcoin News

Following Hong Kong’s authorization of the region’s first spot bitcoin and ethereum exchange-traded funds (ETFs), Bloomberg’s senior ETF analyst Eric Balchunas shared his insights on social media about the new additions. Although there were anticipations of notable capital inflows into the Hong Kong ETFs, Balchunas mentioned that while it’s a positive step forward, he emphasized … Read more

China’s Largest Fund Managers Eye Spot Bitcoin ETFs in Hong Kong’s Financial Markets – Finance Bitcoin News

Two of China’s largest fund management firms have recently been reported to be filing applications for spot bitcoin exchange-traded funds (ETFs), according to regional sources on Monday. Harvest Global Investments and Southern Fund are seeking approval from Hong Kong’s Securities and Futures Commission (SFC), aiming to obtain authorization to introduce spot bitcoin ETFs. China’s Investment … Read more

Bitcoin Miners’ Earnings Hit Record $2 Billion in March Ahead of Halving Event – Mining Bitcoin News

In March, bitcoin miners amassed an unprecedented level of revenue not seen in the previous 12 months, hitting a high of $2.01 billion from rewards and transfer fees. Of this total, $85.81 million was earned from transaction fees over the past month. Historic Month for Bitcoin Miners — Income Peaks at $2 Billion As we … Read more

B2Broker Introduces B2Trader – An Innovative Crypto Spot Brokerage Platform – Sponsored Bitcoin News

With Bitcoin reaching record highs and the overall market capitalisation of cryptocurrencies surpassing $2.37T, the cryptocurrency market is seeing remarkable development. This is in line with the June 30, 2024, implementation of the MiCA rule, which will be followed by another wave on December 30, 2024, with the goal of promoting broader use of cryptocurrencies … Read more

Jupiter Soars by Nearly 100%, Leading This Week’s Crypto Gainers – Market Updates Bitcoin News

Over the past week, bitcoin and ethereum faced declines, while a number of alternative cryptocurrencies enjoyed significant appreciation. Notably, JUP soared by 99.5% against the dollar, with WIF climbing 42% and SOL increasing 37% in the same period. Alternative Crypto Assets Outshine Bitcoin and Ethereum with Double-Digit Growth This Week A plethora of cryptocurrencies, other … Read more

Microstrategy Boosts Bitcoin Holdings to 205,000 BTC After $800 Million Capital Raise – Featured Bitcoin News

Microstrategy has bought 12,000 more bitcoins after completing a $800 million convertible note offering. The Nasdaq-listed company now holds a total of 205,000 bitcoins, acquired for an average of $33,706 per coin. The note offering “was well received in the marketplace and upsized to a total of $800 million in aggregate principal amount,” the company … Read more

Bitcoin’s Leap Past $65K Ignites Speculation of Qatari Billionaire’s Big Buy Post-Atlantis Conference – Bitcoin News

Following bitcoin’s climb beyond the $65,000 mark, social media has been buzzing with discussions about the rumored acquisition of bitcoin by a billionaire from Qatar post the Bitcoin Atlantis conference in Madeira. A sighting of a Qatari jet at the airport subsequent to the Bitcoin Atlantis gathering has caught the public’s attention, with the shared … Read more

Ethereum Technical Analysis: Upper Resistance Tussle Puts Bulls on Pause – Markets and Prices Bitcoin News

Ethereum’s price movement on Feb. 26, 2024, showcases a strong uptrend despite recent market volatility. With the second leading crypto asset’s price hovering around $3,064, it reflects a significant surge over the past month. At press time, market oscillators and moving averages signal mixed sentiments, hinting at both potential pullbacks and further gains. Ethereum Ethereum … Read more

Ethereum Technical Analysis: ETH Highlights Resilience Across Several Timeframes – Markets and Prices Bitcoin News

Ethereum started Monday with its price hitting $2,934 per unit, marking a week filled with a strong 14.9% increase. Over the preceding fortnight, the second-leading crypto asset by market cap witnessed a substantial 25.9% upswing. Kicking off this week, ether’s trading volume over the past 24 hours has hovered around $24.74 billion. Ethereum Peering into … Read more