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Crypto, Bitcoin and Blockchain News Admin: @wanwangg More Crypto News: @BitcoinBreaking
🏦 Coinbase users report zero balance bug as Bitcoin price taps $64K
While Bitcoin was flirting with a new ATH, an apparent bug caused Coinbase users to see their account balances hit all-time lows. A surging Bitcoin price between 9:00 and 10:00 AM PST on Feb. 28 may have caused a disruption in Coinbase services as widespread reports of accounts suddenly showing a zero balance began to populate social media. As of the time of this article’s publication, the apparent bug appears ongoing, but Coinbase says funds are safe.
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/channel/Crypto_Bitcoin_Blockchain
💰 Hut 8 to finance new Texas mining facility with Bitcoin reserves
Bitcoin miner Hut 8 intends to use part of its reserve BTC holdings to finance establishing a new mining facility in Culberson County, Texas. According to a Feb. 27 statement, this decision is part of a new treasury strategy that would leverage the firm’s BTC reserves to bolster its balance sheet and support growth endeavors. Hut 8 is one of the largest Bitcoin mining firms in the industry. The company has a BTC reserve of more than 9,000 BTC, estimated to be worth $523 million.
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/channel/Crypto_Bitcoin_Blockchain
🆘 BitForex alleged $2.5 billion volume flatlines as exchange abruptly goes offline
Hong Kong-based crypto exchange BitForex appears to have gone entirely dark following the suspension of its website and trading application on Feb 23. Users have been unable to initiate withdrawals or access the exchange for several days, which boasted over $2 billion in trading volume as recently as Feb 24. Data from CoinGecko shows trading volume decreasing from $2.5 billion to $1 billion between Feb 22 and Feb 24 before flatlining.
Source
/channel/Crypto_Bitcoin_Blockchain
📊 Defi sector surges past $80 billion TVL milestone
DeFi has undergone a striking transformation, witnessing a notable surge in total value locked (TVL), surpassing $80 billion. This resurgence signifies a remarkable turnaround, particularly after the tumultuous downfall of Terra’s stablecoin in May 2022. With its decentralized nature and innovative financial products, the DeFi landscape has attracted widespread attention from investors and enthusiasts.
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/channel/Crypto_Bitcoin_Blockchain
💰 $540 Million in Bitcoin Withdrawn From Exchanges: Price Impact
Bitcoin is experiencing a surge in outflows from centralized crypto exchanges, hitting its highest level in eight months, indicating a significant shift in market dynamics. On-chain data from IntoTheBlock, a prominent market intelligence platform, shows weekly net outflows from centralized exchanges have peaked. Approximately $540 million worth of Bitcoin was withdrawn this week, marking the largest net outflow since June 2023.
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/channel/Crypto_Bitcoin_Blockchain
💰 Donald Trump can now ‘live with’ Bitcoin accepting growing demand, suggests further regulation
Former US President Donald Trump’s stance toward Bitcoin has taken a different turn, with him noting the growing demand for the flagship digital asset. In 2021, the former President described Bitcoin as a “scam against the dollar” that regulators should take action to monitor. At the time, Trump’s skepticism stemmed from the perceived risks of cryptocurrencies, including their volatility and susceptibility to facilitating illicit financial activities.
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/channel/Crypto_Bitcoin_Blockchain
🇳🇬 Nigerians turn to VPN as government blocks access to Binance, Coinbase, others
Binance has acknowledged reports of Nigerian users encountering difficulties accessing its official website following the government’s directive to block prominent crypto platforms’ sites. In a Feb. 22 email sent to its users and obtained by CryptoSlate, Binance clarified that the restriction only affects attempts to reach its official Binance.com site, leaving its app users unaffected by the measure.
Source
/channel/Crypto_Bitcoin_Blockchain
🚀 Join the Elite Trading Community at @ChartsSignalsTrading! 📊
Dive into the world of cryptocurrency trading with ChartsSignalsTrading on Telegram, where precision meets opportunity. With over 250,000 subscribers, our channel is your premier destination for expert technical analysis, strategic swing trades, and quick scalp trades designed to navigate the volatile crypto markets.
What Sets Us Apart?
- Expert Insights: Leverage our technical analysis to make informed decisions.
- Diverse Strategies: From swing to scalp trades, find opportunities in fluctuations.
- Vibrant Community: Join a growing community of crypto enthusiasts and traders.
- Exclusive Access: Get early alerts on potential market movers and shakers.
✉️Join us now and be part of our success story! /channel/ChartsSignalsTrading
🇬🇧 UK Minister Expects Stablecoin and Staking Legislation Within Six Months: Bloomberg
A U.K. minister has signaled a fresh commitment to introduce stablecoin and other crypto-related legislation to the country this year. Economic Secretary to the Treasury Bim Afolami said that the U.K. government was "pushing very hard” to bring legislation around stablecoins and crypto staking services within the next six months, according to a Bloomberg report.
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/channel/Crypto_Bitcoin_Blockchain
💰 Bitcoin ETFs See Record $2.4B Weekly Inflows; BlackRock's IBIT Leads: CoinShares
Demand for bitcoin (BTC) exchange-traded funds (ETF) accelerated again last week as they raked in a record $2.4 billion of the $2.45 billion that flowed into digital asset investment products, crypto asset management firm CoinShares said Monday. Allocations to the newly approved U.S.-based spot bitcoin ETFs overwhelmed the $623 million outflows from Grayscale's Bitcoin Trust (GBTC), the incumbent fund that converted into an ETF structure.
Source
/channel/Crypto_Bitcoin_Blockchain
🏦 Coinbase Commerce Teases 💰 Solana and Lightning Network Integration
Coinbase Commerce, the offshoot of the American crypto trading platform designed to enable acceptance of crypto payments by merchants has unveiled its plans to integrate Solana (SOL) and Lightning Network in the long term. With the ongoing evolution in the digital currency ecosystem, Coinbase Commerce is restrategizing in a bid to further empower its users and onboarded merchants.
Source
/channel/Crypto_Bitcoin_Blockchain
🟠 US prosecutors ask judge to approve Binance plea deal
US prosecutors filed a sentencing memo on Feb. 16 asking a federal judge to sign off on the Binance plea deal, Bloomberg News reported. The plea deal entails Binance paying one of the largest criminal penalties in US history, amounting to $4.3 billion. The plea deal also requires that Binance be monitored for five years to ensure compliance with regulations.
Source
/channel/Crypto_Bitcoin_Blockchain
🪙 Justin Sun Unveils Tron-Based Bitcoin Layer Two Roadmap
Tron is embarking on an ambitious journey to transform the Bitcoin ecosystem, as announced by its founder, Justin Sun. Through the integration of Bitcoin Layer two solutions, Tron seeks to decentralize and interconnect a variety of token types, including major stablecoins, with the Bitcoin network.
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/channel/Crypto_Bitcoin_Blockchain
💰 VanEck slashes spot Bitcoin ETF fee to 0.20%; Fidelity cuts EU ETP fee to 0.35%
VanEck will reduce fees on its spot Bitcoin ETF later this month, according to a filing with the US Securities and Exchange Commission (SEC) on Feb. 15. VanEck described the sponsor fee as an expense that is “paid by the Trust to the Sponsor as compensation for services performed under the Trust Agreement.” The filing identifies the trust as the VanEck Bitcoin Trust and identifies the sponsor as VanEck Digital Assets, LLC. Sponsor fees can affect the overall performance of the fund in question.
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/channel/Crypto_Bitcoin_Blockchain
💰 Bitcoin hits $1 trillion market cap again as $217 million liquidated in 24 hours
Currently, Bitcoin’s value is around $51,500, successfully surpassing the $1 trillion market cap. This ascension places it above some of the world’s leading corporations. Berkshire Hathaway’s market cap hovers around $850 billion, marking it the eleventh-largest entity. Meanwhile, Meta, standing ninth in the global ranking, carries a market cap of $1.173 trillion.
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/channel/Crypto_Bitcoin_Blockchain
💰 Justin Sun says he owns $1.6 billion of bitcoin with bizarre screenshot of HTX wallet
The always outspoken Justin Sun seems eager to convince the world that he does, in fact, use the HTX cryptocurrency exchange. On Tuesday, Sun took to X to share a screenshot of what he says is his HTX wallet which contains about 28,614 bitcoin, worth about $1.6 billion at current prices. Apparently, Sun posted the image in response to suggestions he did not use HTX frequently, despite serving as the company's global advisor.
Source
/channel/Crypto_Bitcoin_Blockchain
🪙 Ether holds above $3,000 as ETH futures open interest hits all-time high on major exchanges
Daily open interest of ether futures on Binance and Bybit has reached an all-time high, according to The Block's Data Dashboard. Data indicate that among the top five derivatives exchanges, all except the Chicago Mercantile Exchange (CME) have broken all-time highs in terms of daily ether futures open interest. For instance, open interest on Binance has surged to a peak of over $3.30 billion, while on Bybit, it has reached $1.94 billion.
Source
/channel/Crypto_Bitcoin_Blockchain
🇬🇧 OANDA Opens FCA-Registered Crypto Trading Platform in the UK
U.S.-based forex pioneer OANDA is opening a cryptocurrency trading platform in the UK, registered with the country’s regulator, the Financial Conduct Authority (FCA), based in London and dubbed OANDA Crypto. It’s the summation of last year’s acquisition of a majority stake in FCA-registered crypto firm Coinpass, and will offer trading in over 63 cryptocurrency pairs, including Bitcoin, Ether, and Ripple, with plans to add more tokens and features over the course of the year, the company said.
Source
/channel/Crypto_Bitcoin_Blockchain
💰 JP Morgan announced plans to offer an actively managed Bitcoin fund to its private wealth clients
/channel/Crypto_Bitcoin_Blockchain
📊 46% of largest crypto airdrops peaked within 14 days: CoinGecko
Recent data from cryptocurrency data aggregator CoinGecko indicates that holding an airdropped crypto token for more than 14 days has, nearly half the time, resulted in missing the opportunity to sell at its all-time high. Since 2020, there has been a significant increase in airdrop interest. The most common way to receive free airdropped tokens is through participating in pre-launch blockchain network activity or promotional work.
Source
/channel/Crypto_Bitcoin_Blockchain
💰 Judge approves FTX plan to sell $1B stake in AI startup Anthropic
A U.S. bankruptcy judge approved crypto exchange FTX's move to sell its stake in AI startup Anthropic during a hearing on Thursday. Doing so will help the collapsed exchange's creditors get closer to being made whole. Judge John Dorsey of the Bankruptcy Court for the District of Delaware approved the motion to sell after hearing from creditors on whether or not the sale process should be approved.
Source
/channel/Crypto_Bitcoin_Blockchain
💰 Spot ether ETFs could increase Ethereum's concentration risk, says S&P Global
Ethereum exchange-traded funds in the U.S., which intend to incorporate staking, could increase Ethereum's concentration risk, according to analysis from S&P Global Ratings. "U.S. spot ether ETFs that incorporate staking could become large enough to change validator concentrations in the Ethereum network, for better or worse," S&P analysts Andrew O'Neill and Alexandre Birry said in a report published Tuesday.
Source
/channel/Crypto_Bitcoin_Blockchain
💰 Bitcoin exchange balance dips to lowest since 2018 as market shifts to HODLing
Since mid-March 2020, there has been a notable decline in the volume of Bitcoin stored in exchange wallets, marking a significant shift in investor behavior. At the time, over 17% of Bitcoin’s total supply was housed on exchanges, a record high. This trend of declining exchange balances has continued unabated, even through Bitcoin’s 2021 bull run.
Source
/channel/Crypto_Bitcoin_Blockchain
💰 Top wirehouses will become involved with spot Bitcoin ETFs, Galaxy executive says
A representative from Galaxy has predicted that spot Bitcoin ETFs will gain further adoption in the coming months, as reported by FOX Business on Feb. 19. She noted that some advisers are not currently allowed to recommend spot Bitcoin ETFs to clients because their firms must first perform due diligence on the products and their market performance. Current restrictions seemingly leave room for the future institutional adoption described above.
Source
/channel/Crypto_Bitcoin_Blockchain
🚀 Join the Elite Trading Community at @ChartsSignalsTrading! 📊
Dive into the world of cryptocurrency trading with ChartsSignalsTrading on Telegram, where precision meets opportunity. With over 250,000 subscribers, our channel is your premier destination for expert technical analysis, strategic swing trades, and quick scalp trades designed to navigate the volatile crypto markets.
What Sets Us Apart?
- Expert Insights: Leverage our technical analysis to make informed decisions.
- Diverse Strategies: From swing to scalp trades, find opportunities in fluctuations.
- Vibrant Community: Join a growing community of crypto enthusiasts and traders.
- Exclusive Access: Get early alerts on potential market movers and shakers.
✉️Join us now and be part of our success story! /channel/ChartsSignalsTrading
🆘 FixedFloat appears to have been exploited for $26.1 million in bitcoin, ether
Crypto exchange FixedFloat appears to have been exploited for $26.1 million in bitcoin and ether, according to on-chain data. Since the unexpected fund movements, the exchange has been put into maintenance mode and remains down. On X, the exchange said, "We encountered some minor technical problems and have switched our service to maintenance mode." The exchange has not confirmed the extent of the exploit and its website says, "Technical work is underway, we will be back soon."
Source
/channel/Crypto_Bitcoin_Blockchain
🥇 Gold ETFs See Massive Outflows as Bitcoin ETFs Surge
Gold-backed ETFs, once the go-to for investors seeking stability, are experiencing a downturn. According to reports from Bloomberg analysts and BitMEX Research, leading gold ETFs have witnessed substantial outflows totaling billions of dollars since the start of 2024. BlackRock’s iShares Gold Trust, for instance, has seen approximately $423 million flee its coffers, highlighting a general trend of disinterest in gold funds.
Source
/channel/Crypto_Bitcoin_Blockchain
🇺🇸 SEC Inspector General investigating crypto conflicts of interest within federal agency
The US Security and Exchange Commission’s (SEC) Office of Inspector General (OIG) is investigating cryptocurrency-related financial conflicts of interest identified by the accountability group Empower Oversight. In a Feb. 15 statement, Empower Oversight disclosed that the SEC’s division was in the “final stages of completing” an open investigation into matters relating to the failures of the SEC’s Ethics Office and a former official, William Hinman.
Source
/channel/Crypto_Bitcoin_Blockchain
🇺🇸 US investigates Trust Wallet iOS app for vulnerability
An agency of the United States Department of Commerce is analyzing the "Binance Trust Wallet app" for a vulnerability that could allow an attacker to steal funds from crypto wallets. According to the National Institute of Standards and Technology (NIST) — the agency tasked with promoting U.S. innovation and industrial competitiveness — a specific version of the Trust Wallet app “misuses the trezor-crypto library” to generate mnemonic words that can be verified only at the entropy source.
Source
/channel/Crypto_Bitcoin_Blockchain
Best Telegram Crypto Channels 2024: Explore the World of Cryptocurrency
Dive into the dynamic realm of cryptocurrency with our curated list of the Best Telegram Crypto Channels for 2024. Whether you're a seasoned investor or a curious newcomer, this comprehensive guide offers something for everyone. From breaking news in the crypto world to in-depth analysis of market trends, trading signals, and insights into DeFi, NFTs, and the Metaverse, these channels are your go-to source for staying ahead in the fast-paced world of digital currencies. Stay informed, make educated decisions, and join the conversation today in the ever-evolving landscape of cryptocurrency with the best resources Telegram has to offer for 2024.
1️⃣General Crypto News & Updates
- @CryptoWorldNews
- @cryptomagazine
- @Cryptocurrency_Inside
- @Crypto_Publisher
- @CryptoWorldICOs
- @Bitcoin_Magazine
- @Bitcoin_NewsTG
- @BitcoinAltcoinCryptoNews
- @Crypto_Bitcoin_Trading_News
- @Crypto_Bitcoin_Blockchain
- @CryptoWorldAnalysis
- @CryptoNewsSource
- @altcoinnews
- @Crypto_ShortNews
- @crypto_signals_charts
- @Cash_Blockchain_News
2️⃣Specific Cryptocurrency News (Bitcoin, Ethereum, etc.)
- @bitcoinnews
- @Bitcoin_Insights
- @ethereumnews
- @Bitcoin_Ethereum_Trading
- @Bitcoin_Crypto_Coin_Calendar
- @Ethereum_Merge
- @EthereumBitcoinNews
3️⃣Trading, Charts & Signals
- @Binance_Coinbase_Bybit
- @altcointrading
- @Crypto_Futures_Trading
- @Bitcoin_Ethereum_Altcoins
- @Bitcoin_Crypto_Signals
- @ChartsSignalsTrading
- @Crypto_Trading_Reports
- @Premium_Trading_Crypto_Signals
- @Signals_Charts
- @Charts_Trading
- @InvestmentTradingUpdates
- @BitcoinBreaking
4️⃣DeFi, NFTs, Metaverse
- @DeFi_ICO_Invest
- @Metaverse_Crypto_Web3_GameFi
- @DeFi_Updates
- @NFTs_DeFi
- @DeFi_Ethereum
- @Defi_Trading_Nfts_Metaverse
- @Nfts_Hype
- @Metaverse_Defi_Nfts_Trading
- @NFTs_Metaverse_Coins
- @Nfts_Defi_Metaverse_News
- @Crypto_Nfts_Metaverse
- @Facebook_Metaverse_Nfts
- @Metaverse_Nfts_WEB3
5️⃣Market Analysis & Financial Updates
- @CryptoMarketTime
- @FinancialWorldUpdates
- @Uniswap_PancakeSwap
- @Blockchain_Crypto_Bitcoin
- @Cryptocommunity
- @BitcoinsHalving
- @Stocknews
- @Tradingnews
- @Coin_Trading_News
6️⃣AI and Tech in Crypto
- @Ai_Tools_Hunt
- @ChatGPT_News_Ai
7️⃣Humor and Community
- @Bitcoin_Crypto_Memes
- @Bitcoin_Action