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4-Day $3.77 Billion Boost in Meme Coin Sector Led by PEPE, WIF, and BONK
27.2.2024
In recent times, the meme coin sector has experienced a significant increase, climbing over 13% in the past 24 hours. In the span of the last four days, the meme token economy has expanded by $3.77 billion, with tokens such as pepe (PEPE) and corgiai (CORGIAI) achieving gains in the double digits....
Bitcoin Futures’ Open Interest Reaches Lifetime High, Surpassing 2021 Bull Run
27.2.2024
Bitcoin’s value has been on an impressive rise over the past month, and by the start of the week, the leading digital currency surpassed the $57,000 range for the first time since Nov. 2021. This upward trend in value has stimulated bitcoin-based derivatives, causing open interest in bitcoin...
Bitcoin pulls up as Ethereum stalls for a while
27.2.2024
Ethereum has been stalled for a while at the value of $3,261.86. It manages to stick to the current resistance of $3,200. However, it comes at a time when Bitcoin is pulling its value to a higher mark. Currently exchanging hands at $56,562.29, BTC is poised to test the resistance of $60,000 soon....
9 Spot Bitcoin ETFs Break All-Time Daily Volume Record
27.2.2024
Nine recently launched spot bitcoin exchange-traded funds (ETFs) broke their all-time daily volume record on Monday as the price of bitcoin soared. “It’s official…the new nine bitcoin ETFs have broken all-time volume record today with $2.4b,” said a Bloomberg...
ETC Group Launches Ethereum-Tracking ETP on Deutsche Börse Xetra
27.2.2024
ETC Group, a prominent provider of digital asset-backed securities, has expanded its cryptocurrency product range by introducing an Ethereum (ETH) staking exchange-traded product (ETP).
The post ETC Group Launches Ethereum-Tracking ETP on Deutsche Börse Xetra appeared first on Cryptonews
Lighthouse Protocol Aims to End Wallet Draining Attacks on Solana
27.2.2024
Lighthouse Protocol, an initiative that simulates transactions, aims to end the security problems derived from using unknown smart contracts in Solana. The project, which is currently in its testing stages and is projected to be included in more wallets this year, would avoid the execution of...
Skybridge Capital’s Anthony Scaramucci on Warren Buffett Buying Bitcoin: ‘Never Say Never’
27.2.2024
Anthony Scaramucci, the founder and managing partner of Skybridge Capital, has commented on the potential for Berkshire Hathaway, the holding conglomerate founded by Warren Buffett, to buy bitcoin. While acknowledging Buffett’s negative stance on crypto, Scaramucci believes it’s still...
Elderberry boosts Polygon zkEVM: Lower fees, more scalability
27.2.2024
Polygon stands as one of the most prominent L2 scaling solutions for the Ethereum blockchain. The network was built to address Ethereum’s high fees and slow transactions. With updates like zkEVM (Zero-Knowledge Ethereum Virtual Machine), Polygon constantly maintains its inherent traits. Now, with...
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...
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...
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...
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...
Bitcoin Price Prediction Eyes $60K: ETFs & Institutional Buys Lead Surge
27.2.2024
Bitcoin set to march towards $60K, fueled by ETF approvals and heavyweight institutional investments, signals a bullish era for the leading cryptocurrency
The post Bitcoin Price Prediction Eyes $60K: ETFs & Institutional Buys Lead Surge appeared first on Cryptonews
Hong Kong-Based HTX, Formerly Huobi, Withdraws Crypto Exchange Application
27.2.2024
Hong Kong-based cryptocurrency exchange HTX, formerly known as Huobi Global, withdrew its application for a license on February 23, according to a filing posted on the Securities and Futures Commission website.
The post Hong Kong-Based HTX, Formerly Huobi, Withdraws Crypto Exchange Application...
JPMorgan Says Bitcoin Halving and Ethereum Upgrade ‘Are Largely Priced In’
27.2.2024
JPMorgan Chase has discussed three main catalysts driving crypto prices over the coming months. The global investment bank’s analysts believe that the Bitcoin halving event and the next major upgrade of the Ethereum network are largely priced in. JPMorgan on Catalysts Affecting Crypto Prices...
Bitcoin Reaches $57K in Stellar Monday Surge, Erasing $70 Million in Shorts in Just One Hour
27.2.2024
Bitcoin reached a peak of $57,055 on Monday, climbing 10.1% over a 24-hour span and elevating the digital asset’s market value to $1.10 trillion. The value of bitcoin relative to the U.S. dollar hasn’t ascended to these levels since Nov. 22, 2021, marking 12 days after the digital...
Pepe Price Prediction as PEPE Pumps Up 30% – Are Whales Buying Again?
27.2.2024
The Pepe (PEPE) price pumped up 30% on Monday, with investors flooding back into the meme coin amid a surge in risk-taking activity across cryptocurrency markets as Bitcoin (BTC) retook $54,000 for the first time since early December 2021.
The post Pepe Price Prediction as PEPE Pumps Up 30% –...
Argentine President Javier Milei Seeks to Penalize Central Bank Money Issuance
27.2.2024
Javier Milei, the libertarian president of Argentina, is seeking to stop the issuance of money by the country’s central bank. Milei stated he would send a bill to Congress to penalize issuing money with jail time, explaining that central bank officials approving these movements would...
Kyberswap Hack: Blockchain Security Firm Reports Movement of 800 ETH From Exploiter’s Address
26.2.2024
Blockchain security firm Peckshield revealed on Feb. 26 that an exploiter labeled address associated with the Kyberswap hack had bridged approximately 800 ether tokens from Arbitrum to the Ethereum blockchain. On the same day, the Kyberswap team unveiled revised dates for reimbursing users impacted...
Bitcoin Breaks $54,000 Barrier for First Time Since 2021, Eyes Historic Highs Ahead of Halving Event
26.2.2024
The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading crypto asset has witnessed a growth of 4.5% in the last six hours, and over the previous month, bitcoin’s value has soared...