Phoebe's Bitmingham Beat - Bitcoin hits $50,000 for first time since 2021 / Metaco CEO departs / Crypto-related implications in this year's Super Bowl [EN]

Bitcoin hits $50,000 for first time since 2021 / Metaco CEO departs / Crypto-related implications in this year's Super Bowl [EN]

02/13/24 • 14 min

Bitcoin's price surged past $50,000, reaching a 26-month high due to investor interest in spot Bitcoin ETFs and anticipation of the upcoming halving event, while venture capital funding in the crypto space showed a significant increase in January despite a general downturn in investment following high-profile collapses in the industry.

Previous Episode

undefined - Genesis Global settles lawsuit by NY AG / U.S. senators question SEC's reliability in crypto enforcement actions / Kraken registered in Netherlands [EN]

Genesis Global settles lawsuit by NY AG / U.S. senators question SEC's reliability in crypto enforcement actions / Kraken registered in Netherlands [EN]

Genesis Global settles a lawsuit with the New York Attorney General over the Gemini Earn program, agreeing to repay funds to former customers and creditors, while Bitcoin's price surge is attributed to investor interest in U.S.-based spot Bitcoin ETFs and the upcoming halving event, and the SEC faces criticism from U.S. senators over its handling of crypto enforcement actions.

Next Episode

undefined - Ripple to acquire another crypto custody firm / Coinbase partners with Ledger / Oldest Scotch distillery to sell 50-year-old whisky collection with NFT pairs [EN]

Ripple to acquire another crypto custody firm / Coinbase partners with Ledger / Oldest Scotch distillery to sell 50-year-old whisky collection with NFT pairs [EN]

Ripple acquires digital asset custody firm Standard Custody & Trust Company, the Crypto Fear & Greed Index hits a 27-month high amid Bitcoin's surge past $50,000, Ledger partners with Coinbase for easier crypto transfers to hardware wallets, StoneX Group expands its digital asset team and plans new crypto services, Banxa's U.K. subsidiary becomes a regulated entity by the Financial Conduct Authority, and The Glenlivet launches a 50-year-old whisky collection paired with Ethereum-based NFTs.