Bitcoin Crosses $46K as Year of ‘Long’ Begins, Easing ETF Sell-Off
Over the next few days, East Asia will celebrate the start of the year of the dragon, which is considered to be one of the luckiest and most prosperous animals in the Chinese Zodiac.
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Over the next few days, East Asia will celebrate the start of the year of the dragon, which is considered to be one of the luckiest and most prosperous animals in the Chinese Zodiac.
The recently launched spot bitcoin ETFs, excluding Grayscale’s GBTC, added nearly another 5,000 tokens to their holdings yesterday, and now at more than 192,000 BTC, hold more of the crypto than MicroStrategy (MSTR), whose total stood at 190,000 as of the end of January.
Bitcoin targets $48,000 in the short term fueled by a strong historic track record around the Chinese New Year, 10X Research’s Markus Thielen said.
The cryptocurrency last traded above $45,000 on Jan 11.
The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Although Bitcoin (BTC) is back above the $44,500 price mark for the first time since the start of the exchange-traded … Continue reading
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BTC broke above $44,000 for the first time since Jan. 12, the day after the spot ETF debuts.
With almost two hours left for whitelisted buyers to claim the digital-art collectibles, at least 2,560 of the series of 3,000 had been claimed, at a fixed price of 0.1 BTC ($4,274 each).
From self-plagiarism to poor multitasking, the self-proclaimed Bitcoin inventor offered an explanation for every inconsistency pointed out by opposing counsel during his first cross-examination in the London court case.
While bitcoin’s price is often denominated against fiat currencies, Wood pointed out that even relative to gold, BTC has risen consistently since its early days.