Crypto News

‘Groundhog Day’ in Crypto as Bitcoin Again Plunges Following New Record

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

Ethereum Retakes $4,000 for the First Time Since 2021

ETH reclaims a milestone riding atop network enhancements and growing investor interest in a potential spot Ethereum ETF.Source link

Bitcoin Sets New Record, Climbs Above $70,000 Mark; Ethereum Hits $4K Milestone

Bitcoin has once more surpassed its previous highest point of $69,210, established on March 5, 2024, as documented by Bitstamp. Currently, the digital currency holds steady above the $68,000 mark, having outdone its prior peak and ascended to $70,184 per coin. New Peaks: Bitcoin Tops $70,000 While Ethereum Briefly Crosses $4,000 The value of BitcoinSource link

FDUSD Climbs the Stablecoin Ladder, Fueled by Trading Volume and Supply Growth

Statistics indicate that the first digital usd (FDUSD), a recently introduced fiat-pegged token launched in August 2023, has risen to become the fourth-largest stablecoin based on market capitalization. Currently, FDUSD holds the fourth position in terms of 24-hour global trading volume. FDUSD Claims Fourth Spot Among Stablecoin Titans In the realm of U.S. dollar-pegged cryptocurrencies,Source link

What is a Bitcoin ETF? BlackRock and Grayscale’s Multi-Billion Dollar Investment Vehicle

A spot Bitcoin ETF creates a simple, legally compliant way to trade the price of Bitcoin, accessible on markets that investors are already familiar with.Source link