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Bitcoin Short Squeeze Wipes Out $89M as Price Surges to $52K; ETF Inflows Hit $4B
14.2.2024
The price of bitcoin soared past the $52K milestone on Wednesday, reaching $52,056 per unit on Bitstamp at 10:05 a.m. Eastern Time. Bitcoin’s meteoric rise over the past day triggered a wave of liquidated leveraged positions, wiping out $89.28 million in short positions. ‘Sustained...
Mondelēz International to Join Hedera Council + More Crypto News
14.2.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news: Mondelēz International to Join Hedera Council Fetch.ai Foundation Welcomes Deutsche Telekom as First Corporate Partner Taurus and Lido Enable...
Retik Finance (RETIK) Presale Stage 9 Sold Out 5 Months Ahead of Schedule
14.2.2024
In a remarkable turn of events, Retik Finance (RETIK) has shattered expectations by selling out its Presale Stage 9 a staggering five months ahead of schedule. This unprecedented achievement underscores the overwhelming demand and enthusiasm surrounding the project, cementing Retik Finance’s...
Michael Saylor Says There’s a Decade of Pent up Demand for Bitcoin ETFs
13.2.2024
MicroStrategy executive chairman and co-founder Michael Saylor, said there is over a decade of pent-up demand for Bitcoin exchange-traded funds, in an interview with CNBC. “There’s 10 years of pent-up demand people been waiting for these ETFs and finally, mainstream investors are able...
Michael Saylor Believes Demand for Bitcoin Products Is 10x the Supply
13.2.2024
MicroStrategy co-founder and executive chairman says his company is re-branding as a bitcoin development company during CNBC interview
Ethereum Gas Fees Surge to 8-Month High As ERC-404 Tokens Take Off
12.2.2024
Gas fees on the Ethereum network have soared to levels not seen since March 2023, driven by the growing interest in a new experimental token standard known as ERC-404. Ethereum Gas Fees Reach Peak Levels On February 9, Ethereum gas prices soared to an average peak of 70 gwei, equivalent to $60...
Andrew Kang estimates a high $BTC demand flow this year
12.2.2024
Andrew Kang has put forward an estimate for $BTC demand flow. It comes out to be in the range of $40 billion and $130 billion. The basic foundation of the estimate is that many people continue to underestimate the wealth available for investments in the crypto market or the BTC market. Per their...
Is It Too Late to Buy Celestia? TIA Airdrop Keeps Rising as Green Crypto Goes Viral
8.2.2024
As Celestia (TIA) pumps to fresh record highs above $20 with ongoing demand for the token from airdrop farmers, some investors are asking if it’s too late to buy Celestia. At current levels above $20.30, TIA is up nearly 10x from its November 2023 lows around $2.20. Celestia, a recently...
First Mover Americas: BlackRock’s ETF Demand Ranks Among Top 5
7.2.2024
The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
House Financial Services Committee Members Demand More Time to Debate New Digital Payment Proposal
2.2.2024
Leading members of the U.S. House Financial Services Committee, Chairman Patrick McHenry, Subcommittee Chairman French Hill, and Representative Mike Flood, have requested an extension of the public comment period for the CFPB’s proposed rule on digital consumer payment applications. This...
Affected by the National Stock Market Downturn, Chinese Investors Have Flocked to Gold
1.2.2024
Chinese investors have been buying gold as an investment, motivated by the poor performance of traditional stock and property options. According to World Gold Council (WGC) reports, China had the largest demand for gold for jewelry and investment purposes in 2023. This, and the demand from central...
CME Group Bitcoin Futures’ Open Interest Slides 24% as Spot ETFs Gain Traction
31.1.2024
The launch of Bitcoin (BTC) spot exchange-traded funds (ETFs) in the United States has impacted investor demand for Bitcoin futures, leading to a decline in open interest. Data compiled by Bloomberg reveals that open interest in CME Group Bitcoin futures contracts dropped by approximately...
Crypto, AI and Data Centers Could Double Energy Consumption in 2026
27.1.2024
The aggregated demand for energy from crypto, artificial intelligence (AI), and traditional data centers could double in 2026. According to a report by the International Energy Agency (IEA), the consumption growth might mean adding a country like Sweden (in the best case) or Germany (in the worst...
Pandoshi (PAMBO) Presale Phase 4 Is Rapidly Selling Out, Surpassing $2M
27.1.2024
  PAMBO, the native cryptocurrency of trailblazing blockchain project Pandoshi, is currently in its initial presale period. It’s being offered at discounted rates before eventual public exchange listings. Just weeks into its presale, Pandoshi has already raised over $2 million from high...
Immediate Maximum Review – Scam or Legitimate Trading Platform
25.1.2024
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content As more people are jumping into the world of crypto, there’s a rising demand for education about it. Immediate Maximum is a new platform that aims to make learning about crypto easy. This...
Viral Toaster Stunt Guy Banned From Twitch For 30 Days
23.1.2024
Australian-based Twitch streamer Boggles recently went viral after seemingly live-streaming a stunt that involved shoving metal forks into toasters and electrocuting himself. To be clear: Each time he did this it was fake, but that didn’t stop Twitch from banning the content creator for 30 days...
Solana Mobile Chapter 2 Sells Out in 24 Hours – What’s Fueling The Excitement?
19.1.2024
Solana Mobile’s Chapter 2 phone preorder numbers have vastly exceeded those of their previous model Saga in its first year. Image by Solana Mobile. Solana Mobile’s recently announced Chapter 2 web3 phone has seen skyrocketing demand, with preorders selling out within the first day of...
Subzero Temperatures in Texas Impact Bitcoin Hashrate Amidst Energy Strains
18.1.2024
As Texas grapples with unexpected subzero temperatures, the state’s bitcoin mining operations have shut down due to high energy demand. This has freed up much needed electricity capacity in the state, while also leading to a sharp drop in the global Bitcoin hashrate. Bitcoin Mining in Texas...
Skybridge Founder Expects Bitcoin to Surpass $170,000 Next Year
17.1.2024
Skybridge Capital founder Anthony Scaramucci expects bitcoin’s price to surge past $170,000 next year if the price of the cryptocurrency remains at the current level until the halving in April. He expects Bitcoin halving, as well as surging institutional demand for newly listed spot bitcoin...
How And When To Watch Xbox’s Developer Direct 2024
16.1.2024
Xbox’s Developer_Direct stream returns this year, promising a close look at some of Microsoft’s upcoming titles, including actual gameplay and conversations with devs for various titles. If you’d like to get a sense of what to expect and when to tune in, we’ve got you covered.Read more