February 2024 | Page 21 of 122 | Last Cryptocurrency News Feed

Layer 2 Is Not A Magic Incantation

A common chant from many in this space these days in response to any discussion of changes to the Bitcoin protocol is “Don’t mess with Layer 1! You can just build it on Layer 2!” This seems like a very logical thing to do, right? Why risk the security and stability of L1 when you

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Bitcoin ETF High Volume Doesn’t Always Mean Heavy Buying: NYDIG

A fund's turnover ratio, or the dollar trading volume divided by the fund's net asset value, is preferred metrics to observe, NYDIG's Greg Cipolaro wrote. The spot bitcoin ETF group as a whole has seen a turnover ratio of 5.3%, with Valkyrie (BRRR) and Grayscale's GBTC seeing the lowest rates at 2.2% and 2.4%, respectively.While

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Craig Wright’s Former Lawyers Say Emails Shared by Wife Are Fake as COPA Trial Heats Up

Craig Wright's former legal representatives at Ontier say emails purportedly showing their correspondence have been doctored as the fourth week of a U.K. trial probing his claims of having invented bitcoin started Monday.The emails were shared by Wright's wife Ramona Watts with his U.K. counsel, who then disclosed it to the court.Before the emails were

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Bitcoin ETFs Could Grow Larger Than Gold ETFs Within Two Years: Bloomberg

Could Bitcoin ETFs become larger investment vehicles than gold ETFs? Bloomberg analysts say it might happen in as quickly as under 24 months. Will Bitcoin Pass Gold? In a post to X on Monday, Bloomberg ETF analyst Eric Balchunas outlined how Gold ETFs have been gutted in recent weeks precisely as Bitcoin ETFs have absorbed

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Here’s Why ApeCoin is Up 8% as Meme Kombat ICO Nears Conclusion

ApeCoin (APE) has surged 8% in the past 24 hours, currently trading around $1.96. The token is now 21% higher than it was at the start of the year, attracting attention from speculative investors. With the highly successful ICO for Meme Kombat (MK) also nearing completion, it looks to be shaping up as another positive

Bitcoin Magazine Feed

Braiins Becomes First Mining Pool To Introduce Lightning Payouts

Braiins, a leading mining pool in the Bitcoin industry, has made a significant stride by becoming the first mining pool to introduce Lightning payouts. This pioneering move marks a notable advancement in the integration of the Lightning Network (LN) within the mining sector.Introducing Lightning payouts ⚡️We are excited to be the first mining pool using

CoinDesk Feed

Ether’s Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein

Ether (ETH), the world's second-largest cryptocurrency, has outperformed its larger rival bitcoin (BTC), with a 33% gain year-to-date. This rally is being driven by catalysts other than the potential approval of a spot exchange-traded fund (ETF), broker Bernstein said in a research report on Monday. Firstly, the ether supply is deflationary and has not increased

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Bitcoin Explodes to New 26-Month High of Over $53,500, Leaving Almost $200M in Liquidations

The price of the largest cryptocurrency by market cap took a sudden liftoff and shot up by more than two and a half grand in minutes to a new 26-month peak of over $53,500. The altcoins have also turned green, with ETH soaring even further above $3,100 and BNB nearing and briefly surpassing $400 for

CoinDesk Feed

Bitcoin Blasts Past $53K as Crypto Rally Resumes

Bitcoin (BTC) surged past $53,000 on Monday to its highest price since November 2021, leaving past its recent sideways range as the crypto rally suddenly resumed.The largest crypto by market cap broke out from its trading channel, hitting $53,600 during mid-morning U.S. trading hours, CoinDesk data shows. At press time, BTC was changing hands at

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Following ETH’s Recent Explosion Above $3K, This is the Next Important Target (Ethereum Price Analysis)

Ethereum has recently experienced a notable upswing, surging past key resistance levels, including the $2.8K mark, and breaching the significant psychological barrier of $3K. This upward movement suggests a prevailing bullish sentiment in the market, with investors eyeing the crucial yearly swing high of $3.6K as the next target. Technical Analysis By Shayan The Daily