The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading crypto asset has witnessed a growth of 4.5% in the last six hours, and over the previous month, bitcoin’s value has soared by 28.3% against …
Monthly archives: February 2024
Potential Reprieve for Bitcoin Miners With Upcoming Difficulty Adjustment Following Record Hike
Bitcoin miners are set for a potential reprieve in three days, with the difficulty anticipated to decrease on Feb. 29. This follows the year’s most significant difficulty escalation of 8.24%, which occurred on Feb. 15. The upcoming adjustment is predicted to record a reduction of 2.5% to 3%, as block time intervals extend beyond the …
Introducing Collective Forecast: Revolutionizing Market Predictions with Community-Driven Insights
PRESS RELEASE. February 26th, 2024. Collective Forecast is proud to announce the launch of its innovative platform, which is set to transform market predictions by harnessing the collective wisdom of traders and influencers. At the core of Collective Forecast lies a diverse group of experienced traders hailing from various corners of the globe, each boasting …
Grayscale’s Bitcoin Trust Sees Outflows Drop To Lowest Since It Converted To A Spot Bitcoin ETF
The Grayscale Bitcoin Trust (GBTC) on Feb. 23 recorded its lowest outflows since it converted to a spot Bitcoin ETF (exchange-traded fund) on Jan. 11. […] Go to Source
Can Frogwifhat Meme Coin Leap Over Dogwifhat? New Crypto Fair Launch Soars On Uniswap Amid Rumors Of Big Influencer Backing
Launched today on Uniswap decentralized exchange, Frog Wif Hat Token ($FWIF) is set to outrun Dogwifhat to be the next meme coin to blow up […] Go to Source
Hacked Microstrategy Account On Social Media Platform X Leads To $440,000 In Losses
Hackers have stolen over $400,000 from unsuspecting users after posting a phishing message on MicroStrategy’s compromised X account. The X account of the investment company, […] Go to Source
Bitboy Crypto Ben Armstrong Wins Boxing Match Against BITCOIN Developer, BEN Meme Coin Soars
Bitboy Crypto Ben Armstrong beat meme coin developer ”More Light” in a boxing match, triggering volatility in their respective meme coins, Ben (BEN) and HarryPotterObamaSonic10Inu […] Go to Source
AI-Focused Altcoin Rallies After Coinbase Places Crypto Project on Listing Roadmap
An artificial intelligence altcoin project is rallying after the top US crypto exchange Coinbase announced a possible future listing of the token. In a new announcement, Coinbase says it is adding Akash Network (AKT) to its “listing roadmap,” which alerts customers that the exchange could soon add support for certain assets. As the news broke …
US Prosecutors File Motion Asking Former Binance CEO Changpeng Zhao To Surrender All Passports
US prosecutors are pushing for former Binance CEO Changpeng Zhao to give up his passports and remain in the country for the duration of his trial. According to a court filing, prosecutors want Zhao to notify the courts at least three days in advance before doing any traveling within the US. They are also requesting …
Avalanche of Institutional Capital Enters Crypto Markets in Fourth Straight Week of Inflows: CoinShares
Digital assets manager CoinShares says institutions poured $598 million into crypto investment products last week for a fourth consecutive week of inflows. In its latest Digital Asset Fund Flows report, CoinShares says that year-to-date inflows for crypto investment products are nearing the $6 billion mark. “Digital asset investment products saw weekly inflows totaling US$598m, marking the …
Analyst Predicts Push To All-Time Highs for AI-Related Altcoin, Updates Outlook on Ethereum
A top analyst who nailed the end of Bitcoin’s (BTC) 2021 bull market thinks that one artificial intelligence (AI)-related altcoin is gearing up to rally to a fresh record high. Pseudonymous analyst Pentoshi tells his 756,300 followers on the social media platform X that he’s bullish on the native asset of Render (RNDR), a crypto …
$182,330,000 in Crypto Liquidated As Bitcoin (BTC) Shatters 26-Month High Above $53,600
Bitcoin’s big start to the week is triggering a massive amount of liquidations across the crypto markets. At time of writing, Bitcoin is trading at $53,584 while Ethereum changes hands for $3,152, prices not seen since November of 2021. According to crypto data aggregator Coinglass, $182.33 million in liquidations have rocked traders on Binance, Bybit, …
Sui Recognized As 2024 Blockchain Solution of the Year at AIBC Eurasia Awards
February 26, 2024 – Dubai, United Arab Emirates The layer-one received the top honor at the Eurasia Awards while experiencing a period of unprecedented growth and recognition. Sui, the layer one blockchain that has experienced explosive growth since its mainnet launch in 2023, has emerged as the winner at the Eurasia Awards held during the …
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U.S. DOE Halts Survey of Crypto Mining Energy Use After Lawsuit From Riot and Texas Blockchain Council: Report
The U.S. Department of Energy (DOE) is reportedly stopping its survey on crypto mining energy use after being sued by two firms in the industry. According to a new report by Reuters, the DOE has agreed to temporarily halt its probe of how much energy is used for crypto mining after Bitcoin (BTC) mining firm …
ElmonX Unveils ‘The Scream’ NFTs by Edvard Munch for the First Time Ever
February 26, 2024 – London, United Kingdom ElmonX is proud to announced of the upcoming release of ‘The Scream’ by Edvard Munch. Launching on OpenSea.io on March 1, 2024, at 5:00 p.m. UTC ElmonX, the digital collectibles platform, has unveiled a collaboration to launch one unique drop licensed by Bridgeman Images – The Scream, 1895 …
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