Bitcoin Financial News

The team behind 2023’s most successful meme coin Pepe Coin (PEPE) just burnt tokens worth around $6 million, sending the PEPE price pumping more than 30% on Monday.

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Solana (SOL) has blasted-up +25% in an impressive pump, as crypto markets come alive following bullish Bitcoin price moves the $31,000 level - but with Solana rising, is it too late to buy SOL?

The surge in the price of Bitcoin (BTC) has led to a change in investors' sentiment towards the market sparking different calls from market players not recorded in months.

The Securities and Exchange Commission (SEC) had rejected the move, but a federal appeals court ruled that the regulator was wrong to reject an application from the company.

KCS, the native token for tier-1 exchange KuCoin, has dropped -1.5% as price action threatens to fall below the 20DMA despite bullish broader market sentiment - leading some dejected bag-holders asking 'Is KuCoin going to zero?'.

As a broader resurgence in crypto markets sends prices skyrocketing, Oggy Inu (OGGY) has exploded +1,000% in the latest on-chain moon-shot.

Investing.com — Tech giants Microsoft and Alphabet (NASDAQ:GOOGL) lead the earnings slate later in the session Tuesday, while Bitcoin soared in anticipation of the approval of an ETF in the U.S… European PMI data pointed to a region heading towards recession, offering the potential for downside surprises in the U.S. equivalent.

bitcoin fund is imminent. That followed a 10% surge on Monday, when bitcoin posted its best day in almost a year, and the bullishness spread across the wider crypto market and into related stocks.

Digital asset investment products notched a fourth week of consecutive inflow with Bitcoin (BTC) recording $55.3million as investors hovered around a spot BTC ETF approval in the United States.

Bitcoin, once again, is generating buzz as it surges past the $33,000 mark, raising speculations about a possible "next wave" in the cryptocurrency realm.

Crypto financial services company Matrixport has doubled down on its earlier prediction that Bitcoin's price could reach $45,000 by the end of the year as the FOMO sentiment grips Bitcoin market. 

Bitcoin has already breached $38,000 on crypto exchange Bitgamoas the leading cryptocurrency pumps amid optimism around spot exchange-traded fund (ETF).

Source: Pexels  

Bitcoin jumped on Friday above $30,000 for first time since July, taking gains for the week past 10%, against a backdrop of volatile trading across cryptocurrencies. Bitcoin, the largest cryptocurrency by circulation, climbed as high as $30,022, its highest since July 23. It was last up 4% on the day. There was no immediate news catalyst for the move in bitcoin, said Joseph Edwards, head of research at London crypto firm Enigma Securities. Bitcoin is known for its volatility and the opacity of its markets. The mood across the broader financial markets has also been nervy lately. Investor sentiment has been rattled by war in the Middle East, a rise in benchmark U.S. 10-year yields towards 5% and concern about the prospect of interest rates staying a lot higher for a lot longer.

SINGAPORE (Reuters) — Cryptocurrencies extended gains in Asia trade on Tuesday, with bitcoin rallying to an almost 18-month high on speculation that an exchange-traded bitcoin fund is imminent.

Bitcoin soared 10% to 1-1/2 year highs on Monday, and crypto-linked stocks followed it higher as speculation about the possibility of a bitcoin exchange-traded fund drove enthusiasm about the sector and prompted short-sellers to quit positions. The world's biggest cryptocurrency was last at $32,833 after trading as high as $34,283. Crypto-related shares such as exchange Coinbase Global, miner Marathon Digital bitcoin holder MicroStrategy rose sharply and were making further gains in after-hours U.S. trade.

Bitcoin prices rose more than 10% today after a federal appeals court forced the U.S. Securities and Exchange Commission to reevaluate its prior decision to reject Grayscale's attempt to convert its bitcoin trust to a spot exchange-traded fund (ETF). 

United States trade. Smaller rival ether also surged 6 percent, hitting a two-month high and breaking above its 200-day moving average. Anticipation of a bitcoin ETF has grown after reports this month, including from Reuters, that the US Securities and Exchange Commission (SEC) won't appeal a ruling it was wrong to reject an application from Grayscale Investments.

By Brigid Riley

Investing.com-- Bitcoin, the world’s largest cryptocurrency, rose sharply on Tuesday amid increased speculation that the U.S. Securities and Exchange Commission was close to approving a spot exchange-traded fund.