Bitcoin hits $52K, surges 5%, sparking community joy and investor optimism. BlackRock’s IBIT leads ETF surge with record-breaking inflows. Bitcoin soared above $52,000, marking an unexpected high after two years with a 5% surge over the past 24 hours. This milestone has ignited jubilation within the cryptocurrency community, fueling anticipation and fervor for what lies […]

Matt Dines, the Chief Investment Officer at Build Asset Management, has identified a classical ‘Cup and Handle’ pattern in the Bitcoin (BTC) price chart, which he believes could signal an impending rally to $75,000. This technical formation is often considered a strong bullish signal and is closely watched by market analysts and traders. Bitcoin Price […]

The Financial Conduct Authority in the United Kingdom ordered the withdrawal or amendment of over 10,000 finance-related promotions in 2023. The Financial Conduct Authority (FCA) — an independent financial regulatory body in the United Kingdom — has published a report detailing its actions against financial promotions, including its findings and actions against crypto-related advertisements. On […]

While OpenAI and Microsoft effectively prevented these occurrences, they acknowledged the challenge of avoiding every cyberattack. OpenAI, the developer behind ChatGPT, has collaborated with its top investor, Microsoft, to prevent five cyberattacks linked to different states. According to a report released on Wednesday, Microsoft monitored hacking groups linked to Russian military intelligence, Iran’s Revolutionary Guard, […]

Spot Bitcoin ETF issuer ARK Invest sold $34 million in Coinbase shares amid the stock breaking new highs in 2024. ARK Invest — one of the issuers of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States — has sold some major cryptocurrency-related stocks for the first time this year. On Feb. 14, […]

Quick Take Feb. 14 proved to be another day of impressive inflows for Bitcoin ETFs, recording a net increase of $340 million, according to BitMEX Research. BitMEX data shows that BlackRock IBIT leads the charge with a significant influx of $224 million, elevating its total holdings to a staggering $4.8 billion. Close behind, Fidelity’s FBTC ETF […]

The post Playdapp Grapples With Dual Exploits With Token Losses Reaching $290 Million appeared first on Coinpedia Fintech News Hit with its second exploit in a week, the Blockchain gaming platform PlayDapp has suffered millions in losses followed by its first cybersecurity breach on 9th February losing $31 million worth of assets.  These bad actors’ […]

The post Surge in Kangamoon (KANG) Buying Activity Sees Tether (USDT) Holders Diversify appeared first on Coinpedia Fintech News While the crypto market has new opportunities to offer every day, Kangamoon, the rising memecoin, is aiming for the top memecoin spot in 2024. Meanwhile, Tether holders are unsure about the stablecoin after the negative JP […]

The post STX Price Prediction: With A 20% Boost, Stacks Closer To $3 appeared first on Coinpedia Fintech News Following the rounding bottom breakout, the bullish reversal in the STX price trend is crossing off multiple resistances with ease. As the uptrend approaches the $3 mark, the overall market recovery boasts the confidence of Stacks […]

The post Bitcoin Price Hit New All-Time-High In This Country appeared first on Coinpedia Fintech News The recent mini-recession in Japan has turned a wave of Japanese investor interest in Bitcoin, reigniting the debate between fiat money and cryptocurrency. With the yen tumbling to a 33-year low against the dollar, Bitcoin has emerged as a […]