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💰 Bitcoin's Test of All-Time Highs Means Old Miners Are Cashing Out
Early miners are sending their old block rewards to exchanges, contributing to selling pressure as bitcoin retreats from testing all-time highs. Bitcoin's rapid price ascent during the last month, which culminated in a new all-time high and quick reversal on Tuesday, has meant that some early miners have started selling their old block rewards – putting pressure on bitcoin's price.
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🇭🇰 Hong Kong regulators warn of increasing crypto exchange impersonation scams
Hong Kong’s Securities and Futures Commission (SFC) has warned the public against suspicious websites impersonating the two licensed crypto exchanges in the city-state, according to a Mar. 4 notice. According to the notice, several sites impersonating the image and branding of both Hash Blockchain Limited and OSL Digital Securities Limited are attempting to trick users. In addition, the financial regulator cautioned that there might be other deceptive platforms impersonating licensed entities.
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💰 World Economic Forum reports bitcoin mining is helping protect endangered animals in Congo’s national forest.
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💰 Bitcoin Cash Soars 40% in 24 Hours as Market Eyes Upcoming Halving and Adaptive Block Size Upgrade
On Saturday, March 2, the valuation of bitcoin cash witnessed a significant increase, climbing over 40% within a 24-hour span to reach a peak of $451 each. This upward trend is attributed to the anticipated halving event, set to happen in 16 days, and the forthcoming 2024 upgrade, which is expected to implement an adaptive block size limit algorithm.
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🪙 Dogecoin Bullish Bets Reach Record $1B
Traders are continuing to use prominent meme tokens as ecosystem bets on their respective blockchains, boosting dogecoin (DOGE) futures to set a record level. DOGE tokens were up as much as 40% before giving back some gains in the past 24 hours as bitcoin (BTC) rallied to over $63,000 from $59,000. DOGE led gains among major tokens and significantly beat the broader CoinDesk 20 (CD20) index, which is up nearly 7.8% in the same period.
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🥇 BTC Rejected Off $64,000 As Crypto Market Suffers $600 Million Of Liquidations
Bitcoin’s price is nearing its all-time high, and its volatility has left thousands of traders destroyed. The price of Bitcoin (BTC) experienced massive volatility on Wednesday, soaring to nearly $64,000 before sinking again to $60,500 within one hour. Amid the chaos, crypto traders have experienced $638 million in liquidation over the past 24 hours, including $391 million of liquidations in the past 4 hours alone.
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💰 Bitcoin records second-highest daily surge of 2024 hitting $57,000
Bitcoin, the flagship digital asset, recently climbed to as high as $57,000 – a peak not seen since November 2021. Despite a subsequent minor fallback to around $56,000, the 24-hour span saw a remarkable price swing of $7,000, with the digital asset appreciating by approximately 5.4%. This marks the second-highest daily rise of 2024, following only behind the approximately 7% seen on Jan. 8, according to Glassnode.
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🏦 HTX withdraws license application in Hong Kong
HTX’s Hong Kong entity has withdrawn its application to operate as a “virtual asset trading platform,” offering retail trading services, the local regulator’s website showed. HBGL Hong Kong Limited, also known as Huobi HK, initially submitted the exchange license application last week only to withdraw three days later on Feb. 23, the South China Morning Post reported, citing the Securities and Futures Commission’s list of license applicants.
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💰 “Trading Bitcoin is a sign of lesser intellect.”
- Michael Saylor
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💰 Throwing away a hard drive with 7,500 Bitcoin on it 😮
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🪙 Uniswap surges 60% after proposing fee reward mechanism for holders
Decentralized exchange (DEX) Uniswap’s native token UNI climbed 60% on Feb. 23 to a two-year high of $12.48 following a governance proposal to introduce a fee reward mechanism for holders. UNI was last trading at these price levels in January 2022. The primary driver behind the price rise is a new proposal to overhaul the DEX’s governance system. It aims to tackle the crucial issue of low engagement and “stale” delegation by directly incentivizing active participation.
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🔴 Avalanche confirms block finalization stall, developers currently investigating
Avalanche has confirmed a block finalization stall, preventing blocks from being accepted on the network, with developers currently investigating. “Developers across the community are currently investigating a stall in block finalization that is preventing blocks from being accepted on the Primary Network.” Avalanche stated in an incident report at 6:30 a.m. ET.
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🪙 NFT platform inscribes Nintendo 64 emulator onto Bitcoin
Blending 1990s gaming nostalgia with blockchain technology, NFT platform Ninjalerts has inscribed a Nintendo 64 emulator onto the Bitcoin network — enabling users to play multiplayer games in their browser across Ordinals explorers and marketplaces. The move is part of the company’s “Pizza Ninjas” profile picture NFT project and follows the inscription of a Super Nintendo Entertainment System emulator onto the Bitcoin network last month.
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💰 Michael Saylor to forever buy Bitcoin — ‘No reason to sell the winner’
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💰 Bitwise Bitcoin ETF approved investment option for $30 billion advisor network
Bitwise Bitcoin ETF Trust (BITB) was recently approved as an investment option for a $30 billion network of Registered Investment Advisors (RIAs). Bitwise CEO Hunter Horsley revealed this development via social media platform X (formerly Twitter) on Feb. 19, noting that advisors within the network are now authorized to allocate funds with BITB, typically ranging from 1% to 5%.
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💰 Jim Cramer says “better to be lucky than good” when asked about Michael Saylor’s record $7,000,000,000 worth of bitcoin profit
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🐶 Floki Price Surges 100% as Burn Proposal Passes
The price of dog-themed token floki (FLOKI) surged by more than 100% in the past 24 hours as a proposal to burn 2% of the token’s supply was passed by the community, proposal data shows. Nearly 90% of votes favored the burn, with the top voter staking 117 billion tokens. The event is expected to occur after a seven-day period.
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💰 Grayscale CEO says there is ‘insatiable demand’ for spot Bitcoin ETFs
Grayscale CEO Michael Sonnenshein said the financial industry has “never seen such insatiable demand for an ETF wrapper” as it has seen with Bitcoin ETFs. Sonnenshein made the statement during a CNBC interview on March 1, where he shared his insights about the performance of spot Bitcoin ETFs and the market’s response to their recent launch.
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📣 Over $3 billion in crypto tokens set to unlock this March, with Arbitrum ‘massive’ unlock
A total of 32 crypto projects are scheduled to unlock more than $3 billion worth of tokens into circulation this March, according to Token Unlocks data. Arbitrum leads this month’s token unlocks, marking a significant milestone since its initial airdrop. The impending unlock is poised to double the asset’s current circulating supply. Token Unlocks data reveals the project would release more than 1 billion ARB tokens, equating to 87% of its existing circulating supply, by March 16. This influx would be valued at approximately $2.2 billion at current market rates.
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💰 Spot Bitcoin ETF volumes shatter record with massive $7.7B traded
United States spot Bitcoin exchange-traded funds (ETFs) have set a new record for daily trading volumes — beating the previous tally by over one and a half times. The ten ETFs saw $7.69 billion in volume on Feb. 28, per data posted to X by Bloomberg ETF analyst James Seyffart. The previous record was $4.66 billion in volume seen on the fund’s Jan. 11 launch day. BlackRock’s iShares Bitcoin ETF (IBIT) took up 43.5% of the total — seeing $3.35 billion in trading volume and doubling its previous daily record.
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💰 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 $1.6 billion at current prices. Apparently, Sun posted the image in response to suggestions he did not use HTX frequently, despite serving as the company's global advisor.
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Meme Kombat ($MK) is a high utility meme token that offers in-game rewards through an AI-designed virtual battle arena, along with high staking and community rewards.🤩🚀
Why choose Meme Kombat Token?🤑💰
🔥Meme cryptocurrency offering unique earning opportunities on its play-to-earn ecosystem
😍Innovative new gaming platform
🔐Fully audited
💸Meme Kombat raised almost $9 millions from the presale
🎉At press time, $MK can be staked to generate up to 207% in staking APYs.
🚀Meme Kombat BUY NOW:
1.Download crypto wallet
2.Buy tokens
3.Connect Wallet to Meme Kombat website
4.Buy $MK Tokens
5.Claim your tokens
💰 Bitcoin investors realize net profits for 128 consecutive days
Quick Take Net realized profit-taking for Bitcoin has witnessed an unbroken streak of 128 days, starting from Oct. 20, 2023, until Feb. 25, 2024. This period saw Bitcoin’s price catapult from below $30,000 to $50,000, providing lucrative opportunities for investors. Defined by Glassnode, the net realized profit/loss represents the cumulative profit or loss from all.
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💰 $370 million hydro-cooled Bitcoin mining project in 🇴🇲 Oman
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🪙 Ethereum (ETH) Price Reaches Highest Weekly Close in a Year
The Ethereum (ETH) price reached its highest weekly close since April 2022 last week and then moved above $3,000 this week. The weekly time frame technical analysis shows the ETH price has increased significantly during the past two weeks, creating a large bullish weekly candlestick. This was especially visible last week. The upward movement of Ethereum caused the first weekly close above a long-term horizontal area, which has intermittently acted as resistance and support since April 2021.
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Smog ($SMOG) is a dragon themed meme coin on Solana bringing your way the biggest airdrop ever promised! 🤩 🚀
Why choose Smog?
💰 Earn rewards through engaging activities with SMOG's airdrop.
🔥 Trade SMOG on both Solana and Ethereum for new opportunities.
🤑 Enjoy 42.0% APY on staking for high returns.
🎮 Participate in quests and compete on leaderboards for community fun.
🚀 Secure early access and potential advantages by joining the airdrop.
🚀 SMOG BUY NOW :
1 Download crypto wallet
2. Connect your wallet
3. Buy and hold $SMOG
4. Sign Up to the Smog airdrop through zealy
5. Await your airdrop 💣
⚪️ Worldcoin surges 40% in 24 hours, leadership hints "major announcements" coming
Worldcoin's wild ride continued unabated on Thursday, with the project's token surging approximately 40%, marking a price increase of over 300% in the past month. Trading at its highest price ever, WLD changed hands at $8.86 as of 11:13 a.m. ET on Thursday. That has helped the token achieve another milestone; a total market cap of $1 billion based on circulating supply.
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💰 Lido adds 1inch for faster withdrawals of stETH and wstETH
Liquidity staking protocol Lido added support for decentralized exchange aggregator 1inch. The addition of 1inch facilitates the swapping of stETH (staked ether) and wstETH (wrapped staked ether), as well as ETH, Ethereum's native token, when unstaking. 1inch enables faster exits onto Ethereum, Arbitrum and Optimism, according to an official release.
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Sponge V2 is the next big meme coin by the original Sponge team with great utility including play to earn. Bridging from V1, it boasts a strong foundation with 11,300 holders. After V1's 10,000% surge, V2 aims for even higher. 💣🚀 🔥
Why choose Sponge V2 ? 🤑💵
🔥 Gain early access to a project
with a previous track record of success in V1
📉 Capped supply, so be one of the lucky ones to get in!
💰 Earn tokens by staking your V2 and V1 tokens
🎮 Explore additional earning opportunities through play-to-earn gaming
🤩Sponge V2 utilizes LayerZero for cross-chain access to enhance usability
🚀SPONGE V2 BUY NOW:
1. Visit Sponge.vip
2. Connect your wallet
2. Buy Sponge V2
3. Stake your V2 and V1 tokens
4. Check the staking V2 dashboard for your earnings.
💰 Edward Snowden Calls Bitcoin 'Most Significant Monetary Advance Since the Creation of Coinage'
Edward Snowden, a privacy advocate, posted about bitcoin on social media platform X Sunday. Snowden was a computer intelligence consultant and whistleblower who leaked highly classified information from the National Security Agency (NSA) in 2013. His post drew many responses, with many agreeing with him. Dave Benner, for example, opined: “Bitcoin exemplifies the separation of money and state, and that’s what the world needs more than anything right now.”.
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