NEWS Archives - Page 29 of 134

February 14, 2024

Bitcoin Surges Above $51,000 Amidst Growing Investor Interest

Bitcoin, the leading cryptocurrency globally, surged above the $51,300 mark on Wednesday, driven by a surge in investor interest in exchange-traded funds (ETFs) and futures products tied to its price. This surge has now returned the benchmark cryptocurrency’s valuation to the $1 trillion club. Mark...

#BITCOIN #Cryptocurrrency #ETFs #Futures #NEWS

February 13, 2024

Ripple Expands Its Horizon with Standard Custody & Trust Company Acquisition

In a strategic move that underscores its growing influence within the digital asset sector, Ripple announced on Monday its intent to acquire Standard Custody and Trust Company, a prominent New York-based digital asset firm. Today, we’re excited to announce that Ripple has signed a deal to acquire @...

#CRYPTOCURRENCY #NEWS #RIPPLE #Standard Custody

February 12, 2024

Crypto Inflows Hit Record High as Bitcoin Breaks $50,000

The crypto market is booming as crypto inflows into digital asset investment products surge dramatically, especially the new spot-based Bitcoin ETFs in the US. According to CoinShares, a leading digital asset manager, crypto inflows totaled $1.1 billion last week, bringing the year-to-date inflows ...

#BITCOIN #CoinShares #Crypto Inflows #CRYPTOCURRENCY #NEWS

February 09, 2024

Ethereum Options Traders Bet on $4,000 Price Surge

Ethereum, the second-largest cryptocurrency globally, is witnessing a surge in demand among options traders, anticipating its price to hit $4,000 by June or September. Options, essentially contracts granting the buyer the right (but not the obligation) to buy or sell an underlying asset at a specif...

#CRYPTOCURRENCY #Ethereum #NEWS #Options

February 08, 2024

Bitcoin Miners HODL as Price Surges Above $45,000

Bitcoin surged past the $45,000 milestone on Thursday, marking its highest point in a month. This upswing coincides with recent data indicating that Bitcoin miners are holding onto their coins, alleviating some of the selling pressure on the market. According to insights from CryptoQuant, a platfor...

#BITCOIN #Bitcoin Mining #CRYPTOCURRENCY #CryptoQuant #NEWS

February 07, 2024

Chainalysis Report Highlights Surge in Crypto Ransom Attacks

In a recent revelation, blockchain analytics firm Chainalysis disclosed a staggering surge in crypto-related ransom attacks, with figures reaching an unprecedented $1.1 billion in 2023. This marks a drastic increase from the $567 million reported in the preceding year, illustrating a concerning tre...

#Chainalysis #Crypto Ransom #CRYPTOCURRENCY #NEWS

February 06, 2024

Solana Blockchain Recovers After Temporary Halt in Transactions

Solana, a leading blockchain platform renowned for its speed and efficiency, encountered a significant setback on Tuesday, experiencing a halt in transactions for approximately five hours. The disruption, as reported by the Solana Foundation, stemmed from a performance degradation issue early Tuesd...

#CRYPTOCURRENCY #NEWS #Outage #SOL #Solana

February 05, 2024

Crypto Inflows Surge as Investors Bet on Bitcoin and Solana

Investors poured $708 million in crypto inflows into the market last week, boosting the year-to-date inflows to $1.6 billion and the total global assets under management to $53 billion, according to the latest report from CoinShares. The report shows that trading volumes in exchange-traded products...

#BITCOIN #CoinShares #Crypto Inflows #CRYPTOCURRENCY #ETFPs #ETFs #NEWS

February 02, 2024

Ripple Co-Founder Loses $112 Million in XRP Hack, Binance Steps In

Ripple, the payment network utilizing its cryptocurrency, XRP, experienced a significant security breach on January 31. The breach targeted the personal wallet of Chris Larsen, co-founder and executive chairman of Ripple, resulting in the theft of 213 million XRP, valued at approximately $112.5 mil...

#CRYPTOCURRENCY #NEWS #RIPPLE #XRP