Coinbase’s net income of $273 million marks the firm’s first profitable quarter since Q4 2021. Shares in crypto exchange Coinbase spiked 12.7% after-hours following a resilient fourth-quarter earnings report that saw the firm swing to profit and earnings that beat Wall Street expectations. Coinbase’s net revenue reached $905 million in the fourth quarter, up a […]

VanEck will reduce fees on its spot Bitcoin ETF later this month, according to a filing with the US Securities and Exchange Commission (SEC) on Feb. 15. The firm said that its VanEck Bitcoin Trust (HODL) will include a unified sponsor fee of 0.20% when trading begins on Feb. 21. Currently, that fee is 0.25%. […]

After a brief struggle to regain footing, Bitcoin finally broke through the $52,000 barrier on Feb. 14. While $50,000 was a critical psychological benchmark, trading above $52,000 indicates rising market confidence in Bitcoin and can mean the end of the bear market. During periods of price volatility, especially significant upward movements, it’s important to analyze […]

As the rally in major cryptocurrencies like Bitcoin and Ether extends to Thursday, traders hunting for the best crypto to buy today continue to scour smaller-cap altcoin markets for opportunities. BTC pumped towards $53,000 on Thursday on continued optimism surrounding strong spot ETF flows. ETH also appears to be benefiting from ETF optimism ahead of […]

CryptoQuant analysts expect Bitcoin (BTC) to soar above $56,000 as its next significant price level after moving past $50,000. New market research from on-chain analytics firm CryptoQuant shows massive inflows into the digital asset market in the past weeks as institutional investor confidence surged. This year, institutional inflows were recorded around the market leader, Bitcoin […]

A popular cybersecurity expert known by the pseudonym Samczsun has created a non-profit entity called Security Alliance (SEAL) for white-hat hackers in the crypto world.  Security Alliance is a group of white-hat hackers with the aim of protecting crypto projects from the growing risks of cyber attacks. Samczsun, who works as Head of Security at […]

Sean Patrick Maloney pledged last week to stop advising on crypto issues if he is confirmed as U.S. representative to the Organization for Economic Cooperation and Development (OECD). Maloney reportedly sent a letter to Massachusetts Senator Elizabeth Warren on February 9, committing to resign from private-sector advisory roles and abstaining from decisions influencing crypto policy at […]

MicroStrategy, the largest corporate owner of bitcoins, possesses over $10 billion worth of the cryptocurrency as of Thursday morning. According to MicroStrategy’s Q4 2023 Financial Results presentation, published on February 6, the company has made a profit of over $4 billion on its Bitcoin holdings as the cryptocurrency continues its recent surge. MicroStrategy’s Bitcoin Holdings […]

Senior Researcher at Leverage Shares, Sandeep Rao, believes that Coinbase’s dominant market position as “the dominant venue for all things crypto” faces a new challenge. In a recent interview with Cryptonews, Rao warned that the company’s medium-to-long-term performance could suffer as newly launched Bitcoin spot ETFs like BlackRock and Fidelity compete for trading volume. “Several […]

Self-proclaimed Bitcoin creator Craig Wright admitted to destroying the hard drives containing his private keys on February 15. According to Wright, he did this under the influence. Giving reasons behind this misstep, Craig Wright stated that he came back from the hospital and was ‘sedated’ as he hadn’t slept much. Satoshi’s Hard Drives and Craig […]