Bitcoin surges past $72,000 amid positive market sentiment

Bitcoin has surged to reclaim the $72,000 mark, highlighting renewed investor confidence in the cryptocurrency. This increase comes amid a broader optimistic market sentiment, fueled by endorsements from prominent figures such as President Trump, who viewed Bitcoin as a strategic asset. Furthermore, major financial institutions have begun incorporating Bitcoin into their portfolios, illustrating a growing trust in its long-term potential.

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Bitcoin Desk 21 hours ago

South Korea’s FSS to Intensify Crypto Oversight Following Bithumb’s 620,000 BTC Error

South Korea’s Financial Supervisory Service announced plans to tighten oversight of the cryptocurrency market, aiming to curb market manipulation and impose stricter penalties following incidents that have jeopardized market integrity. This move comes in response […]

Bitcoin Desk 21 hours ago

Crypto fear and greed index doubles to 14 but remains in extreme fear

The Crypto Fear and Greed Index has doubled from 7 to 14, indicating a shift, though it continues to reside in the “Extreme Fear” category. This heightened fear reflects ongoing volatility in major cryptocurrencies, which […]

Bitcoin Desk 17 hours ago

Citi reaffirms buy rating on Strategy, sets $325 target amid bitcoin treasury focus

Citi, a banking giant with $1.75 trillion in assets, has reiterated its buy rating for the Bitcoin-focused treasury company Strategy, setting a price target of $325. This move underscores the growing institutional acceptance of Bitcoin-related […]