1. Bitcoin (BTC) The value of Bitcoin has surged over the years, starting at $500 in May 2016 and reaching approximately $41,722 by December 12, 2023, showcasing remarkable growth at 8,244%. 2. Ethereum (ETH) Experiencing substantial growth, Ethereum’s price escalated from around $11 in April 2016 to about $2,217 by the end of December 2023, …
In a remarkable turn of events, Bitcoin, the world’s largest cryptocurrency by market capitalization, has witnessed significant growth in 2023. At present, Bitcoin boasts a market cap exceeding $860 billion, marking an impressive 160% year-to-date increase in its price. While a 160% gain is undeniably extraordinary, it aligns with a historical pattern that Bitcoin has …
Bitcoin’s Phenomenal 2023 Surge: Market Cap Hits $860 Billion, Surging 160% Year-to-Date Read More »
In a strategic move, BlackRock has adjusted the mechanics of its proposed spot bitcoin ETFs, allowing authorized participants (APs) to create new fund shares with cash instead of solely relying on cryptocurrency. This alteration paves the way for highly regulated U.S. banks, such as JPMorgan or Goldman Sachs, which face restrictions in holding cryptocurrencies, to …
BlackRock’s Innovative Move: Opening Doors for Wall Street Banks in Spot Bitcoin ETFs Read More »
As reported by Foresight News, ALEX, the comprehensive Bitcoin DeFi service platform, has introduced the alpha version of its pioneering Bitcoin oracle. This collaborative effort involved key partners, including Domo, BIS, Hiro, UniSat, Xverse, and Xlink. In this innovative development, BRC20 transfers and balances are verified through smart contract-based consensus between BIS, Hiro, and UniSat. …
ALEX Launches Alpha Version of Bitcoin Oracle: A Breakthrough in DeFi Services Read More »
The U.S. Securities and Exchange Commission (SEC) recently held discussions with Fidelity to delve into Fidelity’s Wise Origin Bitcoin Trust application. The meeting involved a comprehensive review of diagrams and an in-depth examination of the operational functionality of the proposed product. This engagement signifies a pivotal step in the regulatory evaluation process for Fidelity’s Bitcoin …
Fidelity and SEC meet to discuss spot Bitcoin ETF application Read More »
Exciting news in the crypto world as Robinhood, the renowned trading and brokerage firm, has unveiled its eagerly awaited crypto services for eligible customers in the European Union (EU) on December 7th. This game-changing platform empowers traders to buy and sell a diverse range of over 25 cryptocurrencies, setting itself apart by offering a unique …
Financial payment processor Block, co-founded by Jack Dorsey, has just taken the crypto world by storm with the launch of its groundbreaking self-custody Bitcoin wallet, “Bitkey.” This game-changing wallet is set to dominate the market as it offers versatile options, available both as a mobile app and hardware storage, making it accessible to users in …
In a spectacular year for publicly traded crypto firms, Coinbase, Marathon Digital, and Riot Platforms have notched up triple-digit percentage returns as Bitcoin hit a new yearly high, surpassing $42,000 on December 4. According to Google Finance data, crypto exchange Coinbase (COIN) closed the day at just over $141, marking a 5.5% gain and an …
In a spectacular turn of events, Bitcoin, as reported on CryptoMania, has surged beyond the $42,000 mark, reaching its highest valuation since April 2022. This monumental leap is fueled by an upsurge in optimism surrounding the potential approval of Exchange-Traded Funds (ETFs) for the leading cryptocurrency. Crypto enthusiasts on CryptoMania are abuzz with excitement as …
