Bitcoin reaches a 2-year high value of $57,000
27.2.2024
Markets closing on February 26, 2024, showed the value of BTC above $57,000. That marked the highest in the last two years. More specifically, BTC was last at that level in November 2021. However, the rally lasted for a little while before dropping to $56,000. Experts said that the rise is driven...
Digital Euro Association enters a partnership with HBAR Foundation
27.2.2024
The DEA (Digital Euro Association) recently announced a partnership with The HBAR Foundation. The consortium released an official post to announce the collaboration. The post read that the DEA will work with HBAR, the force multiplier for the Hedera network. The collaboration will see the parties...
USDC Grows In Non-US Markets as Market Cap Taps $28 Billion
27.2.2024
The market capitalization of Circle’s USDC moved past $28 billion with a gradual increase from Q4 2023 amid wider institutional investments.
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Crypto Exchange Bitforex Suspends Withdrawals Following $56.5M Drain From Hot Wallets
27.2.2024
Bitforex, a centralized cryptocurrency exchange, abruptly halted user withdrawals. This sudden action occurred just moments after a reported $56.5 million was removed from the platform’s hot wallets. According to online crypto investigator Zachxbt, the Bitforex team has ceased all communication...
Cathie Wood’s Ark Invest Sells $7M Shares Each in Coinbase, Robinhood
27.2.2024
Cathie Wood-led Ark Invest sold 35,509 Coinbase shares worth $6.89 million, 444,853 Robinhood shares worth $6.94 million, and 2,724 Nvidia shares worth $2.15 million on Feb. 26.
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Uniswap Foundation announces Fee Switch initiative; UNI responds
27.2.2024
UNI recently experienced a strong surge in its trading value. The feat came after the Uniswap Foundation pitched the idea of Fee Switch. The model enables reward distribution among those who stake in their native holdings. The reward comes as a portion of the protocol’s fees. The objective is to...
Republican Lawmakers Introduce Legislation to Ban a CBDC in the U.S. ... Again
27.2.2024
Another group of Republican lawmakers has introduced legislation to block efforts to introduce a digital dollar
OKX Expands to Turkey as Part of Global Expansion Plan
27.2.2024
OKX President Hong Fang says there is a high demand for crypto in the country
Crypto Exchange Kraken Shares ‘Real Story’ of SEC Lawsuit — Claims SEC Seeks ‘Boundless Authority’ Over Commerce
27.2.2024
Cryptocurrency exchange Kraken has shared what it called “the real story” of the lawsuit against it by the U.S. Securities and Exchange Commission (SEC). Kraken also explained why it is moving to dismiss the case. “Crypto innovators in the United States should not have to fear...
Ether Draws Institutional Bullishness, Bitcoin Remains Retail Favorite: Bybit
27.2.2024
Research from Bybit highlights a growing institutional bullishness on Ether, driven by the expected positive impact of the Dencun upgrade on the Ethereum blockchain.
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Atlanta Federal Reserve Warns Banks About Crypto Risks
27.2.2024
Per statement released Monday, the Atlanta Fed advised banks and financial service providers to exercise caution while dealing with cryptocurrencies.
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Chart Expert Peter Brandt Raises Bitcoin's 2025 Target to $200K on Channel Breakout
27.2.2024
Brandt expects bitcoin's ongoing bull market to peak at $200,000, a significant upward revision from the previous estimate of $120,000