Category: CoinDesk
Another group of Republican lawmakers has introduced legislation to block efforts to introduce a digital dollar. Source: https://www.coindesk.com/policy/2024/02/27/republican-lawmakers-introduce-legislation-to-ban-a-cbdc-in-the-us-again/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Brandt expects bitcoin’s ongoing bull market to peak at $200,000, a significant upward revision from the previous estimate of $120,000. Source: https://www.coindesk.com/markets/2024/02/27/chart-expert-peter-brandt-raises-bitcoins-2025-target-to-200k-on-channel-breakout/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
A market observer said that bitcoin and crypto markets will enter an “unprecedented phase of adoption” as prices eventually breach lifetime peaks. Source: https://www.coindesk.com/markets/2024/02/27/bitcoin-shorts-lose-150m-as-btc-poised-for-tremendous-upside/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Hong Kong’s securities regulators says HBGL Hong Kong Limited withdrew its application for a license on February 23. Source: https://www.coindesk.com/policy/2024/02/27/htx-withdraws-hong-kong-crypto-exchange-application/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The spot ETFs posted record volumes on Monday as bitcoin gained 6% during U.S. trading hours. Source: https://www.coindesk.com/markets/2024/02/27/bitcoin-tops-57k-as-rally-picks-up-steam/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Source: https://www.coindesk.com/consensus-magazine/2024/02/26/what-spot-bitcoin-etfs-in-canada-say-about-the-us/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
In a document dump of emails, Bitcoin’s pseudonymous creator foresaw many of the biggest trends driving the development of the first cryptocurrency. Source: https://www.coindesk.com/consensus-magazine/2024/02/26/5-things-satoshi-nakamoto-correctly-predicted-about-bitcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The “turnover ratio” offers an indication of the proportion of a fund’s assets traded each day. Source: https://www.coindesk.com/markets/2024/02/26/bitcoin-etf-high-volume-doesnt-always-mean-heavy-buying-nydig/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The amount of ether held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up for DeFi, the report …
Source: https://www.coindesk.com/markets/2024/02/26/bitcoin-blasts-past-53k-as-crypto-rally-resumes/?utm_medium=referral&utm_source=rss&utm_campaign=headlines