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The latest Messages 3
2024-03-27 18:31:04
Ripple needs to pay $1.95 billion in fines, SEC says in proposed final judgment
The Securities and Exchange Commission wants Ripple Labs to pay close to $2 billion and asks a New York court to weigh the "severity" of the firm's misconduct. In a proposed final judgment filed on Monday, the SEC asked Judge Analisa Torres to approve the fine, which includes $876 million in disgorgement, $198 million in prejudgment interest and a civil penalty of $876 million.
Source
https://t.me/Crypto_Bitcoin_Blockchain
56.5K views15:31
2024-03-25 20:00:00
Bitcoin ETFs become hottest product in BlackRock, Fidelity’s repertoire of funds
BlackRock and Fidelity Investment’s spot Bitcoin ETFs — IBIT and FBTC — have become the most popular funds the two asset managers currently offer in less than 50 days of trading, based on data shared by Bloomberg ETF analyst Eric Balchunas. IBIT and FBTC were launched on Jan. 11 and have consistently posted record-setting numbers and generally outperformed the wider ETF market. The strong performance is evidence of Bitcoin’s growing popularity in traditional financial circles.
Source
https://t.me/Crypto_Bitcoin_Blockchain
27.9K views17:00
2024-03-24 23:40:00
BlackRock: “Bitcoin Overwhelmingly Number One Priority for Investors”BlackRock’s journey into the world of Bitcoin began as early as 2016, marking a multi-year evolution in strategy and outlook. Robert Mitchnick highlights the growing interest among BlackRock’s clients in gaining exposure to Bitcoin, with a notable focus on the iShares Bitcoin Trust (IBIT) ETF managed by BlackRock. However, demand for other digital assets remains minimal, with Mitchnick stating, For every other digital asset, demand is “very, very little.”
Source
https://t.me/Crypto_Bitcoin_Blockchain
56.9K views20:40
2024-03-24 09:50:12
Bitcoin's Mining Landscape Braces for Shift as Halving Could Slash 100 EH/s of HashpowerBased on a recent analysis, numerous outdated bitcoin mining devices likely powered up in response to the latest uptick in bitcoin’s value. However, with the anticipated block reward halving, it’s projected that around 100 exahash per second (EH/s) of computing power might be disconnected after the event.
Source
https://t.me/Crypto_Bitcoin_Blockchain
58.9K views06:50
2024-03-23 19:49:56
Bitcoin ETF demand could rise as prices drop, crypto analyst suggests
Amid Bitcoin’s price decline, the spot Bitcoin ETF market has been gloomy recently. Despite these persistent declining net flows, Ki Young Ju, a prominent analyst and CEO at CryptoQuant, has predicted a possible resurgence in the spot Bitcoin ETF market. Using data from the historical netflow trends, the analyst noted that demand for Bitcoin ETFs usually kicks in when the cryptocurrency traces to certain support levels.
Source
https://t.me/Crypto_Bitcoin_Blockchain
65.7K views16:49
2024-03-23 12:04:56
Bitcoin demand in Argentina reaches highest point in nearly two years
Bitcoin remains in demand among Argentines as the ARS has lost fourfold value against the US dollar in the last year, dropping from 0.0049 USD per ARS in March 2023 to 0.0012 USD at present. Argentines' efforts to preserve their savings amid the ongoing decline of their national currency, the Argentine peso (ARS), has resulted in the nation recently hitting its highest demand for Bitcoin in 20 months, according to a recent report.
Source
https://t.me/Crypto_Bitcoin_Blockchain
65.3K views09:04
2024-03-22 21:04:57
Crypto Economy Dips by 4.38% Amidst Mixed Fortunes for Top Coins
As the weekend approaches, the crypto economy experienced a downturn, declining 4.38% in the past 24 hours to a total value of $2.42 trillion. Bitcoin saw a decrease of 5.5% against the U.S. dollar during this period, while ethereum’s value dropped by 5.3%. In contrast, fantom (FTM) enjoyed a 12% increase, and aptos (APT) rose by 5.5% during the early trading hours on Friday.
Source
https://t.me/Crypto_Bitcoin_Blockchain
47.2K views18:04
2024-03-22 09:04:58
JPMorgan says bitcoin remains in 'overbought territory' despite recent correction
Bitcoin underwent a sharp correction last week before rebounding this week, but it still remains in "overbought territory," according to JPMorgan analysts, suggesting that the largest cryptocurrency by market capitalization could fall further. JPMorgan analysts led by Nikolaos Panigirtzoglou wrote in a note on Thursday that two metrics — JPMorgan's futures position proxies and the bitcoin futures price premium over the spot — suggest bitcoin is still overbought.
Source
https://t.me/Crypto_Bitcoin_Blockchain
54.2K views06:04
2024-03-21 21:19:58
Daily volume on Base network sees 51% surge to $356 millionThe daily trading volume on the Ethereum Layer 2 network, Base, surged to hit a new high of $356 million on Tuesday, representing about a 51% jump from Monday, according to DefiLlama data. Base’s total value locked (TVL) also reached a new all-time high, amassing a total of $745.3 million, according to data. It recorded daily transactions of 1.65 million and nearly 130,000 new users on the network on Wednesday, according to analytics platform Dune.
Source
https://t.me/Crypto_Bitcoin_Blockchain
60.6K views18:19
2024-03-21 19:33:54
Officially: Bitcoin reached $71000
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57.4K views16:33