THORChain breaks volume records as Bitcoin passes $72,000 March 12, 2024 Yesterday, Bitcoin finally properly broke above its fabled $69,000 resistance with Michael Saylor FOMO'ing in his $800+ million from his convertible note offering. However, another protocol has also been making record highs. Last week, THORChain, the decentralised liquidity protocol, had record volumes of over $2.7 billion.
Building Blocks: what is Bitcoin halving? March 11, 2024 Lately, you may have heard reference to something known as the Bitcoin halving, or “halvening.” To the uninitiated, this might suggest splitting a Bitcoin into two equal parts and if that’s your first thought, you’re on the right track. However, to fully understand the meaning of Bitcoin halving we must first understand exactly how new Bitcoins are issued into circulation.
Why did Bitcoin surpass £50,000 for the first time this week? March 2, 2024 Bitcoin prices hit their highest ever level on Thursday, surpassing £50,000 for the first time. After peaking in 2021 at the $60,000 mark, it then eventually crashed to around $17,000 last year, but has now recovered. Jason Hollands, managing director at Evelyn Partners, said that the recent rally had “almost certainly been powered by its [...]
FTSE 100 today: London markets set for cautious open as U.S. inflation data looms large February 29, 2024 Asia mirrors Wall Street's decline, bitcoin breaches $60,000, and oil prices fall; all eyes are on US PCE inflation data for market direction.
Bitcoin blasts through $63,000; experts predict meteoric rise February 29, 2024 Bitcoin surged beyond $63,000 on Wednesday, marking its highest level in over two years, fuelled by a wave of investment into new U.S. spot bitcoin exchange-traded products.
IBIT is Bitcoin’s Trojan Horse for Institutions February 28, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. The last time Bitcoin was over $57,000 was December 2021. Back then, euphoria was still in the air after touching $69,000. Theories of a ‘super-cycle’ were being thrown around [...]
Coinbase rally continues after crytpo platform demolishes analyst expectations February 16, 2024 Shares in crypto platform Coinbase have continued to rise in after hours trading after it announced its first quarterly profit since 2021.
Moving markets: Five things shaping the FTSE 100 today February 15, 2024 Asian markets rose in line with Wall Street's momentum. Uber, Lyft, and Nvidia drove the S&P 500, while Bitcoin surpassed $52,079. Japan entered a recession, drawing attention to the UK Q4 GDP and U.S. retail sales.
Could ETFs drive the market and signal the end of the bear run? February 14, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets These are the kind of days that make it fun to be in crypto. As Bitcoin shot through the $50,000 price level, the whole market followed suit. [...]
Bitcoin breaks $50,000 barrier after over two years February 13, 2024 Bitcoin has surged past the $50,000 mark, marking its highest level since 2021. This surge highlights a significant shift in investor interest, largely attributed to the introduction of mainstream bitcoin investment funds.