MSTR rallies 10% as MicroStrategy buys $155 million Bitcoin in 10 days

MicroStrategy bolstered its Bitcoin reserves by purchasing 3,000 BTC for approximately $155 million within ten days. This purchase takes the business intelligence and Bitcoin development firm’s total holding to 193,000 BTC, acquired for around $6.09 billion at an average price of $31,544 per BTC. According to Nasdaq data, the news has positively impacted the early …

Tornado Cash website, discord offline after community finds malicious code in protocol’s backend

Crypto mixer Tornado Cash has reportedly fallen victim to a significant backend exploit that has put user deposits and sensitive data at risk. The security breach was revealed in a Medium post by Gas404, a community member, on Feb. 26. The exploit represents a critical vulnerability for Tornado Cash, whose trading volume already suffered a …

Bitcoin breaks $53k for first time in over 2 years as trading volume surges 30%

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Solana suffers $3 million ETP outflows post-outage as Bitcoin responsible for 95% of inflows

Solana’s recent outage appears to be weighing heavily on investors’ minds, with crypto investment products related to the blockchain network seeing outflows of $3 million during the past week. CoinShares’ latest weekly report showed the network as the only major digital asset that recorded negative flows for the duration, blaming it on how “recent outages …

Bitcoin investors realize net profits for 128 consecutive days

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Ethereum and Bitcoin futures open interest near record highs in notional value

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …

Uniswap fee reward mechanism proposal boosts its earnings above Bitcoin

Uniswap has outpaced Bitcoin in fees paid by crypto traders for over a week, with the DEX surpassing Bitcoin on Feb. 14 According to data from Cryptofees, Uniswap raked in around $1.9 million in fees on Feb. 25, surpassing Bitcoin’s $1.2 million on the same day. This trend has persisted since mid-month, with Uniswap pulling …

FLR and UNI Spearhead This Week’s Crypto Gains as Token Economy Holds Above $2 Trillion

In the last week, 23 cryptocurrencies experienced notable gains against the U.S. dollar, with flare (FLR) and uniswap (UNI) leading the charge. Concurrently, dymension (DYM) and helium (HNT) saw significant declines over the same period. FLR and UNI Lead Gains in a Diverse Week for Cryptos, Despite DYM and HNT Setbacks As of now, the …

Microstrategy Augments Bitcoin Portfolio by 3,000, Reaching 193,000 BTC Worth $9.88 Billion

On Monday, Feb. 26, 2024, Microstrategy’s Executive Chairman, Michael Saylor, shared that his company has expanded its bitcoin holdings by 3,000, elevating its total to 193,000 bitcoins valued at $9.88 billion at the current market rates. Microstrategy Invests in Additional 3,000 Bitcoin Microstrategy (Nasdaq: MSTR) now possesses 193,000 BTC, valued at $9.88 billion, following its …

Bringing Two Worlds Together: Kinetex Announces ZK Light Client For Bitcoin

PRESS RELEASE. Kinetex is excited to introduce BTCX, a Bitcoin ZK light client built with Succinct Labs. Developed using Succinct’s plonky2x framework and deployed seamlessly through its unified proving stack, BTCX enables EVM-compatible networks to verify the Bitcoin state directly without any centralized actors in between. The creation of this solution is the first step …

Ethereum Technical Analysis: Upper Resistance Tussle Puts Bulls on Pause

Ethereum’s price movement on Feb. 26, 2024, showcases a strong uptrend despite recent market volatility. With the second leading crypto asset’s price hovering around $3,064, it reflects a significant surge over the past month. At press time, market oscillators and moving averages signal mixed sentiments, hinting at both potential pullbacks and further gains. Ethereum Ethereum …

Bitcoin Technical Analysis: Oscillators and Moving Averages Paint a Complex Picture

Amid shifting market sentiments, bitcoin’s market activity on Feb. 26, 2024, demonstrates both consolidation and fluctuation. Within the intraday, bitcoin’s value oscillated between $50,926 and $51,917, highlighting the persistent unpredictability of the crypto economy while bitcoin’s market capitalization remains over the trillion-dollar mark. Bitcoin Bitcoin’s (BTC) 24-hour trading volume hit $14.57 billion, indicating a decrease …

Future AI Models Will ‘Know Users Better Than They Know Themselves’ – Calanthia Mei

The rapid proliferation of artificial intelligence (AI) models in recent years is contributing to the escalating problem of personal data harvesting, or “grabbing,” by major tech companies, Calanthia Mei, the co-founder of the data marketplace Masa, has argued. Mei, a Web3 builder and investor, asserts that this personal data harvesting frequently occurs without the consent …

Venture Capitalist Dan Tapiero Says Crypto in Early Stages of Bull Market, Significant Bitcoin Correction Unlikely

Macro investor and fund manager Dan Tapiero says that digital assets are in the early stages of their bull run, making a deep correction for Bitcoin (BTC) very unlikely. In a new video update on the Wealthion YouTube channel, Tapiero, the CEO of investment firm 10T Holdings, tells host and SkyBridge Capital founder Anthony Scaramucci …

Uniswap Team Sells 90,000 UNI Tokens After Altcoin Rallies Over 70%: On-Chain Data

A crypto wallet associated with the team behind top decentralized exchange (DEX) Uniswap sold off some of its UNI holdings during the latest price rise, according to on-chain data. First reported by blockchain tracking firm Lookonchain, an address linked to Uniswap sold just over $1.03 million worth of UNI at $11.48. “A Uniswap Team/Investor/Advisor wallet …

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