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Michael 1717 posts

Coinbase Makes Major Play in Bitcoin with $3.6 Million Donation to Brink

Michael Feb 17, 2024
Cryptocurrency exchange giant Coinbase is making a big bet on the future of Bitcoin. They've announced a $3.6 million donation to the non-profit Brink, dedicated to…

Revolut Launches Dedicated Crypto Exchange for Savvy Investors

Michael Feb 17, 2024
Digital bank Revolut is making waves in the crypto world with its upcoming launch of a new cryptocurrency exchange designed specifically for "advanced traders." …

RBI Official Questions Underlying Value of Cryptocurrencies

Michael Feb 17, 2024
The Reserve Bank of India (RBI), the guardian of India's financial system, has raised a red flag on cryptocurrencies like Bitcoin. These new-fangled forms of…

Galaxy Analysts Forecast 20% Drop in Bitcoin Hash Rate Following Halving

Michael Feb 16, 2024
The clock is ticking for Bitcoin's next halving, an event scheduled for April 2024 that cuts rewards for miners in half. But this upcoming halving might bring more…

Crypto Boom Lifts Coinbase: Shares Jump as Profits Blow Past Expectations

Michael Feb 16, 2024
Coinbase (COIN) silenced the doubters, handily beating analyst estimates for both earnings and revenue in its fourth quarter report. Fueled by the surging…

Bitcoin Jumps to $53,000, Raising Hopes for Crypto Market Recovery

Michael Feb 16, 2024
Bitcoin continues its ascent, soaring past the $53,000 mark on Thursday, marking a 1.34% increase. This comes just after surpassing the significant $50,000 barrier…

DeFi Traders Rake in $120 Million Using “Looping” Strategy

Michael Feb 16, 2024
Two cryptocurrency whales have raked in a cool $120 million thanks to a clever strategy called "looping" within the decentralized finance (DeFi) space. These…

Bitcoin Booms, But Can It Bust? Experts Weigh In on Spotting the Next Peak

Michael Feb 15, 2024
Bitcoin's been on a tear, soaring 35% in just 22 days thanks to the arrival of US ETFs. But even amid the party, whispers of "when will it stop?" are starting to…

Bitcoin Rally Leads to $221 Million Loss in Crypto Futures Market

Michael Feb 15, 2024
Bitcoin is on a roll! After dipping below $49,000 yesterday, the crypto king bounced back and crushed through $51,500, hitting its highest point since last year.…

Japan Cracks Down on ‘Unlawful’ Crypto Transfers

Michael Feb 15, 2024
Japan's financial watchdog, the FSA, is tightening its grip on crypto activities. They've instructed banks and other financial institutions to watch out for…
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