May 18, 2024
Crypto

Bitcoin Remains Above $65k—What’s Next For The Cryptocurrency?

Bitcoin prices have retained much of their recent gains today. (Photo illustration by Chesnot/Getty … [+] Images) Getty Images Bitcoin prices have maintained their strength over the last 24 hours, retaining the vast majority of the gains that materialized during the cryptocurrency’s latest rally. The world’s largest digital currency by total market capitalization was trading

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Crypto

Coinbase Targets Crypto Demand in $600 Billion Australian Pension Sector

(Bloomberg) — Coinbase Global Inc., the largest US crypto exchange, is zeroing in on potential demand in Australia’s growing self-managed pensions sector. Most Read from Bloomberg The exchange is developing a service that targets the segment, Asia-Pacific Managing Director John O’Loghlen said. Such portfolios make up about a quarter of Australia’s $2.5 trillion pension system

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Finance

Galaxy Announces First Quarter 2024 Financial Results

Equity capital was $2.2 billion as of March 31, 2024, up $402 million quarter-over-quarter (“QoQ”) Net income of $422 million for the first quarter, up $120 million relative to the prior quarter Galaxy Mining reached a Hashrate Under Management of 5.7 exahash per second, which contributed to record bitcoin mining revenue of $31.5 million for

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Crypto

Hong Kong Vies With US in Bitcoin ETF Market After Crypto’s Revival

(Bloomberg) — A batch of exchange-traded funds investing directly in crypto debuted in Hong Kong on Tuesday, heralding potential competition for US Bitcoin products whose popularity stoked a record rally in the digital asset. Most Read from Bloomberg Harvest Global Investments Ltd., the local unit of China Asset Management, and a partnership between HashKey Capital

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Crypto

Which Crypto Should You Invest In Ahead of Bitcoin Halving?

MicroStockHub / iStock.com The crypto ecosystem is gearing up for the so-called Bitcoin halving, which is scheduled to occur around April 20. The halving, which happens every four years, is expected to push the price of Bitcoin even higher; historically, these have led to price appreciation, and experts said this year should be no exception.

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Crypto

Bitcoin (BTC) Vs Ethereum (ETH) Vs O2T

Option2Trade Dubai, UAE, April 03, 2024 (GLOBE NEWSWIRE) — As the crypto universe stands on the cusp of the much-anticipated Bitcoin (BTC) halving event, a question looms large over the digital asset landscape: Who will emerge as the dominant force controlling the majority market cap? This question is not just a matter of speculation but

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Crypto

Bitcoin Prices Surge Past $48,000 As ETF Demand Drives Gains

Bello/Getty Images) Getty Images Bitcoin prices rallied today, climbing north of $48,000 as strong demand for bitcoin exchange-traded funds fueled compelling gains in the world’s most prominent digital currency. The cryptocurrency reached roughly $48,060.00 this afternoon, CoinMarketCap figures show. At this point, it had climbed more than 6% over the last 24 hours and was

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