Bitcoin surges to $71,000 level today; what’s driving the rally?

Bitcoin (BTC) soared above $71,000 early Tuesday, reaching its highest level since early April, while Ether jumped more than 19% to $3,700. This surge followed Bloomberg analysts increasing the likelihood of a spot ETH exchange-traded fund (ETF) being approved in the U.S. to 75%. According to the latest data from SoSoValue, as quoted by The …

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Bitcoin’s “Halving” And How Does It Happen

Bitcoin’s “halving” happens roughly every four years (Representational) London: Bitcoin, the world’s largest cryptocurrency, on Friday completed its “halving,” a phenomenon that happens roughly every four years, according to CoinGecko, a cryptocurrency data and analysis company. Bitcoin was fairly stable immediately afterward, falling 0.47% to $63,747. The halving comes after Bitcoin hit an all-time high …

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Bitcoin halving done, spurs mixed reactions among enthusiasts and analysts

Bitcoin, the world’s largest cryptocurrency, has recently undergone its much-anticipated “halving,” a significant event occurring roughly every four years. Following the halving, Bitcoin’s market performance remained relatively stable, experiencing a slight decrease of 0.47% to settle at $63,747. Enthusiasts of Bitcoin eagerly awaited this event, which marks a pivotal change in the cryptocurrency’s underlying technology …

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Bitcoin network completes fourth-ever ‘halving’ of rewards to miners

The Bitcoin network on Friday evening completed its fourth “halving,” reducing the rewards earned by miners to 3.125 bitcoins from 6.25. The price of bitcoin has been volatile ahead of the event, and fell about 4% this week to trade around $64,100, according to Coin Metrics. Mechanically, the halving itself shouldn’t affect the price of …

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SEC Will Fine Company $2 Billion

Federal regulators want blockchain firm Ripple to pay a nearly $2 billion fine. That’s according to company officials who took to social media in advance of the publication of court documents scheduled for Tuesday (March 26) to criticize the Securities and Exchange Commission’s (SEC) proposed punishment. “The SEC plans to ask the Judge for $2B in a case that involved …

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Bitcoin reaches all-time high of $72,000, should you invest? Here’s what experts say

World’s largest cryptocurrency Bitcoin soared to an unprecedented high of nearly $72,968 on Tuesday, marking its third record-breaking surge within a span of five days, before slightly retracting from the peak. This has further surged its market capitalisation to $1.42 trillion. According to CompaniesMarketCap, bitcoin has also been placed ahead of silver (valued at $1.387 …

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Bitcoin touches lifetime high of $70,000; Memecoins rally even more

Bitcoin rose to $70,000 for the first time, even as traders appear to be shifting their attention elsewhere for higher returns in fringe tokens known as memecoins. Bitcoin has touched its lifetime high of $70,000(HT_PRINT) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Tokens such as Dogecoin and Pepe posted double-digit percentage gains on Friday morning, adding to the …

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Bitcoin’s price is surging. What happens next?

For a brief moment, everyone who owned Bitcoin had made money from it. On March 5th the crypto token rose to an all-time high of just above $69,000—a level sure to delight the meme-loving crypto-crowd—before slipping back a little. The record capped a remarkable comeback from the dark days of November 2022, when interest-rate rises …

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Why $81,000 might be realistic target for Bitcoin before halving

Bitcoin (BTC) has commenced March on a high note, establishing its price above the $60,000 support zone and achieving the highest monthly close since October 2021, moments before it reached an all-time high. Indeed, the current positive momentum is supported by several bullish elements, including the upcoming halving and the ongoing performance of exchange-traded funds …

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Bitcoin Remains Stable At $61,000, Fetch.ai Becomes Top Gainer

Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, dipped down to the $61,000 range early Friday but appears to be holding on so far, following its rally of up to $64,000 on February 29. Other top coins, including the likes of — Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin …

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