Bitcoin

2024 - 2 - 27

Bitcoin Booms: Surpasses $57,000 with Big Buyers Flocking In

Bitcoin - Bitcoin ETFs - Bitcoin market cap - Bitcoin price surge - Cryptocurrency market

Bitcoin hits a two-year high with a 10.7% daily gain, sparking celebrations and concerns. Learn how Bitcoin is redefining tax policies and paving the way for lightning-fast transactions!

Bitcoin is on fire, soaring past $57,000 as significant players rush to invest in the cryptocurrency. The price surge, marking a two-year high, is attracting attention worldwide, with the crypto market cap hitting $2 trillion. This rally comes amidst a surge in interest in Bitcoin and other cryptocurrencies, with prices skyrocketing to new heights.

As Bitcoin breaks through the $57,000 mark, the crypto community celebrates the monumental achievement while also expressing concerns about potential risks. South African exchanges warn traders to proceed with caution as Bitcoin's value continues to rise, urging prudence in the face of increasing market volatility.

In the midst of this crypto frenzy, a closer look at tax policies for Bitcoin mining reveals the intricacies of block rewards. The evolving landscape of cryptocurrency regulations is reshaping the industry, prompting a reevaluation of tax policies to accommodate the growing influence of Bitcoin.

Furthermore, the Lightning Network has emerged as a game-changer for Bitcoin transactions, offering lightning-fast speeds and lower costs. This innovative network is set to revolutionize the way Bitcoin is exchanged, providing a more efficient and scalable solution for cryptocurrency users.

Post cover
Image courtesy of "Reuters"

Bitcoin scorches past $57000 as big buyers flock in (Reuters)

Bitcoin hit a two-year high on Tuesday, on track for its biggest two-day rally this year, on signs large players were buying the cryptocurrency, ...

Post cover
Image courtesy of "CNBC"

Bitcoin rockets higher for a second day, breaking through $57000 (CNBC)

The price of the flagship cryptocurrency was last higher by 4.3% at $56,871.90, according to Coin Metrics. Earlier, it reached $57,445.14, its highest level ...

Post cover
Image courtesy of "Citizen Digital"

Bitcoin scorches past Ksh.8.3M as big buyers flock in (Citizen Digital)

Bitcoin hit a two-year high on Tuesday, on track for its biggest two-day rally this year, on signs large players were buying the cryptocurrency, ...

Post cover
Image courtesy of "Forbes"

Bitcoin Surges To $57000 High As Crypto Rally Builds Momentum (Forbes)

Prices for bitcoin rival ether also surged to more than $3200 for the first time since 2022.

Bitcoin surpasses $57000 as crypto rally remains strong (Anadolu Agency)

World's biggest cryptocurrency sees daily gain of 10.7% - Anadolu Ajansฤฑ.

Post cover
Image courtesy of "ITWeb"

Celebration, concern as Bitcoin breaches R1m mark (ITWeb)

As the Bitcoin price surges, South African crypto-currency exchanges urge caution, as more traders are enticed by Bitcoin's value.

Post cover
Image courtesy of "Yahoo Finance"

Crypto Market Cap Swells to $2 Trillion on Back of Bitcoin Rally (Yahoo Finance)

(Bloomberg) -- The combined value of the cryptocurrency market has jumped to around $2 trillion for the first time on almost two years on the back of the ...

Post cover
Image courtesy of "FXStreet"

Bitcoin outlook: Bitcoin surges to two-year high (FXStreet)

Bitcoin extends sharp rise into second consecutive day and hit levels near 57500 for the first time since December 2021 on Tuesday.

Post cover
Image courtesy of "Forbes"

Redefining Tax Policy For Bitcoin Mining: A Closer Look At Block ... (Forbes)

Bitcoin block rewards accrue to miners and consist of two components: a block subsidy and transaction fees. Each of these has different definitions and ...

Lightning Network for Bitcoin Payments (Finextra)

Discover how to utilize the Lightning Network for quick Bitcoin transactions. This network is suita...

Post cover
Image courtesy of "The Wall Street Journal"

Stock Market Today: Dow Slips 100 Points; Coinbase, Bitcoin and ... (The Wall Street Journal)

Bitcoin is booming again, and the new crop of ETFs are in the driving seat. Investors have poured money into the bitcoin exchange-traded funds that launched ...

Post cover
Image courtesy of "BNN"

He Laundered $4.5 Billion in Bitcoin. Now He's a US Government ... (BNN)

(Bloomberg) -- A hacker who looted billions of dollars from crypto exchange Bitfinex revealed details of how he was able to pull off one of largest Bitcoin ...

Post cover
Image courtesy of "The Wall Street Journal"

Hot New Bitcoin Funds Could Soon Have Rivals (The Wall Street Journal)

BlackRock, Fidelity and other Wall Street firms have applied to launch ether ETFs.

Post cover
Image courtesy of "FXStreet"

Bitcoin Price Prediction: Short-term holders dominate BTC flows as ... (FXStreet)

In a February 27 newsletter, on-chain market intelligence firm Glassnode indicated that the risk appetite among Bitcoin investors has increased, citing โ€œgrowing ...

Post cover
Image courtesy of "Forbes"

'The Bitcoin Bulls Are Back' As Cryptocurrency Rallies 12% To Fresh ... (Forbes)

Bitcoin prices are on a tear once again, surging to the highest since November 2021 as the digital currency benefits from multiple bullish factors.

Post cover
Image courtesy of "CNBC"

Bitcoin's all-time high is in sight after the crypto breached $57000 ... (CNBC)

Bitcoin's all-time high is in sight after the crypto breached $57,000, chart analysts say. Here's what to expect. Published Tue, Feb 27 20243:35 PM EST ...

Post cover
Image courtesy of "CNBC"

Ark Invest says this 'optimal' bitcoin strategy will yield better returns (CNBC)

Brett Winton of the investment firm shares how much of investors' portfolios should be allocated to bitcoin โ€” and how long they should hold the asset for.

Post cover
Image courtesy of "pymnts.com"

Bitcoin Hits 2-Year High as Large Investors Enter Market (pymnts.com)

Bitcoin hit a two-year high Tuesday (Feb. 27), surpassing $57000 as big buyers flock to the cryptocurrency market.

Post cover
Image courtesy of "WION"

Bitcoin hits two-year high surpassing $57000 with strong institutional ... (WION)

The rally, exceeding 10 per cent over two sessions, gained momentum following the revelation from crypto investor and software firm MicroStrategy that it ...

Post cover
Image courtesy of "Yahoo Finance"

Bitcoin hits $57K, highest since 2021 (Yahoo Finance)

Bitcoin is on a roll as prior investors return to the crypto, while a new crop piles into the asset via spot ETFs recently approved by the Securities and ...

Post cover
Image courtesy of "Reuters.com"

Bitcoin eyes $60000 in biggest monthly rally since late 2020 (Reuters.com)

Bitcoin surged for a fifth day on Wednesday to near $60000, buoyed by flows into new U.S. spot bitcoin exchange traded products that have driven it up 39.7% ...

Post cover
Image courtesy of "FXStreet"

Falling Bitcoin-Ether spread is music to altcoin traders' ears (FXStreet)

The spread between perpetual funding rates in bitcoin and ether markets recently collapsed, indicating an uptick in investors' risk appetite.

Post cover
Image courtesy of "crypto.news"

Bitcoin surpasses the $59k mark, whales on the way (crypto.news)

BTC is up by 4.3% in the past 24 hours and is trading at $59,100 at the time of writing. The flagship asset's market cap just surpassed the $1.15 trillion mark ...

Post cover
Image courtesy of "Finance Magnates"

B2 Network Brings DeFi to Bitcoin via Bitget Wallet (Finance Magnates)

Bitget Wallet partners with B2 Network to offer faster and cheaper BTC transactions. Traders can now conduct cross-chain transactions of BTC assets via B2.

Bitcoin on Track for Biggest Monthly Gain Since October 2021 (Bloomberg Law)

Bitcoin advanced for a fifth straight day, putting the biggest cryptocurrency on pace for its biggest monthly gain since the October 2021 market mania.

Post cover
Image courtesy of "Yahoo Eurosport UK"

Bitcoin surges to top $59000, putting it within striking distance of all ... (Yahoo Eurosport UK)

The world's largest cryptocurrency is now within striking distance of its all-time high as investors turn increasingly bullish on bitcoin.

Post cover
Image courtesy of "Coindesk"

Stacks Creator Ali Calls Bitcoin 'Apex Predator' as Development ... (Coindesk)

Muneeb Ali, the co-creator of Stacks and Princeton-educated computer scientist who's now CEO of the Bitcoin-focused development firm Trust Machines, ...

Post cover
Image courtesy of "The Wall Street Journal"

Stock Market Today: Dow, Nasdaq Futures Slip; Bitcoin Continues ... (The Wall Street Journal)

In recent trading, the digital token crossed $60,000, according to the CoinDesk Bitcoin Price Index. That put bitcoin about 14% below its intraday record. A new ...

Post cover
Image courtesy of "CNBC"

Bitcoin jumps above $60000 for the first time since November 2021 (CNBC)

The price of the flagship cryptocurrency was last higher by 6% at $60,688.00, according to Coin Metrics. Earlier, it rose as high as $60,734.42. It's now ...

Post cover
Image courtesy of "Forbes Innovation"

Bitcoin Tops $60000โ€”First Time Since 2021 (Forbes Innovation)

More friendly market conditions and the launch of spot bitcoin ETFs have propelled bitcoin prices to triple over the last 16 months.

Post cover
Image courtesy of "FRANCE 24"

Bitcoin tops $60000, approaches all-time high (FRANCE 24)

Since their approval on January 10 by US securities regulators, exchange-traded funds (ETFs) indexed to bitcoin have theoretically enabled a wider public to ...

Post cover
Image courtesy of "Sky News"

Bitcoin hits $60000 - as all-time high nears (Sky News)

As the latest "halving" looms - whereby Bitcoin production is cut 50% - the price has skyrocketed.

Bitcoin hits $60000 for 1st time in more than 2 years (Anadolu Agency)

In addition, Bitcoin will see its halving in the second half of April as traders adopt a bullish stance. Ethereum, the world's biggest altcoin by market cap, ...

Post cover
Image courtesy of "Financial Times"

Bitcoin price tops $60000 for first time since 2021 (Financial Times)

The price of bitcoin has climbed above $60,000 for the first time in more than two years, as a lightning rally puts the world's biggest cryptocurrency ...

Post cover
Image courtesy of "Investopedia"

Bitcoin Crosses $63K as ETF Volumes Soar and 'Halving' Nears (Investopedia)

The largest cryptocurrency is staging a massive comeback, especially as it was trading at around $20000 little less than a year ago.

Explore the last week