NEWS Archives - Page 26 of 134

March 28, 2024

Sam Bankman-Fried Sentenced to Nearly 25 Years for Crypto Fraud

In a significant development, Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has been sentenced to nearly 25 years in prison for his involvement in a fraud that led to losses of approximately $8 billion for retail investors. The sentencing, handed down by Judge Lewis Kaplan of t...

#CRYPTOCURRENCY #FTX #NEWS #Sam Bankman-Fried

March 27, 2024

KuCoin Faces $783 Million Net Outflow Amid DOJ Charges

In a significant development, KuCoin, a leading cryptocurrency exchange, has seen a substantial outflow of funds totaling over $780 million. This comes in the wake of charges filed by the U.S. Department of Justice (DOJ) earlier this week. The DOJ drops bombshell charges on KuCoin founders. KuCoin ...

#CRYPTOCURRENCY #DOJ #KuCoin #NEWS #Ouflows #Regulation

March 26, 2024

Crypto Markets Records Massive Outflows Amid Price Corrections

In a surprising turn of events, the crypto market has witnessed staggering outflows, with digital asset investment products reporting a record weekly withdrawal of $942 million, according to the latest data from CoinShares. This marks the first significant crypto outflow after a remarkable seven-we...

#BITCOIN #CoinShares #CRYPTOCURRENCY #NEWS

March 22, 2024

Bitcoin Primed for Volatility as Analysts Debate Its Long-Term Outlook

As the Bitcoin community eagerly anticipates the upcoming Halving event, a mix of hope and caution colors the market sentiment. While some analysts remain optimistic, others, like those at JPMorgan, are more skeptical about Bitcoin’s immediate future. A recent Bloomberg report reveals that JP...

#BITCOIN #CRYPTOCURRENCY #JP Morgan #NEWS

March 21, 2024

Bitcoin Price Forecast Soars to $90,000 as Halving Impact Expected to be Milder

In a recent development, Bernstein, a prominent research and brokerage firm, has revised its year-end price forecast for Bitcoin, upping it from $80,000 to a robust $90,000. According to The Block, this adjustment reflects a positive shift in market dynamics and a bullish outlook for the cryptocurr...

#Bernstein #BITCOIN #CRYPTOCURRENCY #NEWS

March 20, 2024

U.S. Spot Bitcoin ETFs Surge in Trading Volume Amid Market Volatility

In a dramatic financial development, U.S. spot bitcoin exchange-traded funds (ETFs) have achieved a milestone, surpassing a cumulative trading volume exceeding $150 billion. This surge occurred in less than ten weeks following the Securities and Exchange Commission’s approval of ETFs from ind...

#BITCOIN #CRYPTOCURRENCY #ETFs #NEWS

March 19, 2024

Crypto Market Sees Unprecedented Inflows Amidst Volatile Week

In a week marked by significant activity in digital assets, crypto investment products have experienced a surge in inflows, setting a new record of $2.9 billion, according to data from CoinShares. The latest report indicates that this figure surpasses the previous week’s peak, driving year-to...

#BITCOIN #CoinShares #Crypto Inflows #CRYPTOCURRENCY #NEWS

March 18, 2024

Forecast: Potential Top-Performing Cryptocurrency Stocks Until 2030

The cryptocurrency landscape faced a frosty reception amidst high-interest rates in 2022 and 2023, but 2024 has ushered in a warming trend. Bitcoin (BTC -3.77%) has surged nearly 50% year-to-date, buoyed by the approval of the first spot price exchange-traded funds (ETFs) by U.S. regulators and ant...

#Crypto #NEWS #Stocks

March 15, 2024

Bitcoin Records Sharp Dip; Triggers Massive Liquidations

Bitcoin, the pioneering cryptocurrency, has once again captured attention with a significant price drop. After reaching an all-time high above $73,700 on March 14, Bitcoin’s value plummeted, hitting a low of $65,650 in early Friday trading. This rapid decline marks a more than 9% decrease in ...

#BITCOIN #CRYPTOCURRENCY #NEWS