Bitcoin (BTC) has surged to a new high of $63,000, leading the market recovery with an 8% weekly surge. The cryptocurrency struggled earlier in the month but saw significant gains following the US Federal Reserve’s rate cut announcement. Crypto investment products also saw $321 million in inflows, with Bitcoin-based products leading the way. BTC has … Read more
CoinDesk is a reputable media outlet covering the cryptocurrency industry with a strict editorial policy. In November 2023, it was acquired by the Bullish group, owner of a regulated digital assets exchange. The Bullish group is majority-owned by Block.one, with interests in various blockchain and digital asset businesses, as well as significant holdings of digital … Read more
Coinbase CEO Brian Armstrong has denied reports of his cryptocurrency exchange being blocked in Nigeria, stating that their products are fully operational without interruptions. Armstrong confirmed that they have not received any outreach from Nigerian officials. On the other hand, Binance has admitted to facing some issues with users in Nigeria. This article originally appeared … Read more
Revolut to Introduce Crypto Exchange Targeting ‘Advanced Traders’ CoinDesk, a leading source for cryptocurrency news, has recently updated its privacy policy, terms of use, and cookies. They aim to maintain high journalistic standards and have been acquired by Bullish group in November 2023. Bullish group, majority owned by Block.one, is a regulated digital assets exchange … Read more
Nine new ETFs launched in February 2024 have collected 6,009.49 bitcoins, worth about $288 million. At the same time, Grayscale’s Bitcoin Trust has sold approximately 2,252.2 bitcoins, totaling around $108 million. This shift indicates a growing interest in bitcoin ETFs and a potential decline in interest in Grayscale’s product. This article originally appeared on news.bitcoin.com … Read more
