Crypto News

Bitcoin cash and ethereum classic also posted significant gains as all 20 cryptos in the gauge appreciated.

Bitcoin briefly rose above $70,000 Friday, but immediately tumbled to $67,000, repeating Tuesday's action.

The second-largest cryptocurrency last surpassed that level in December 2021.

So far in 2024, bitcoin's concerns about the path of the economy or interest rates have taken a back seat to the overwhelming demand from the spot ETFs.

The latest price moves in bitcoin (BTC) and crypto markets in context for March 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The bank lifted its rating on the stock after bitcoin hit record highs and the crypto exchange’s trading volume reached levels not seen since 2021.

The New Zealand exchange went offline in 2019 following a cyber attack that saw millions of dollars worth of tokens stolen.

Traders have been using meme tokens as a proxy bet on the growth of Ethereum or other blockchains.

The stablecoin earns yield by shorting ether futures and capturing funding rates - which have surged in the past two weeks.

The bitcoin spot ETF market could grow to around $62 billion in the next two to three years, the report said.