Tag: COIN:ETHUSD
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Crypto: Meme Coins Dominate Crypto Market, Bitcoin Surpasses $67K, and Latest News
Rise of Bitcoin and impact on the crypto market On Monday, Bitcoin (COIN:BTCUSD) approached its record value, with an increase of almost 6,8%, reaching $ 67.479. Ether (COIN:ETHUSD) also saw a modest increase of 1.6% to $3,581. After a weekend pause, both cryptocurrencies resumed their upward momentum, driven by the introduction of new bitcoin ETFs…
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Crypto: Bitcoin and Ether Skyrocket in February, Gemini Earn Refunds $1.1 Billion to Clients, and More
Bitcoin and Ether register strong surge in record month On the last Thursday of February, cryptocurrencies, led by Bitcoin (COIN:BTCUSD) and Ether (COIN:ETHUSD), witnessed a significant increase. “The movement observed in BTC today is an exhaustion move. After strong gains over the past few weeks, we were in a zone where there had never been…
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Crypto: Bitcoin Breaks $57,000; Hut 8 Mining Expands Operations in Texas, and Latest News
Bitcoin surpasses $57K; BlackRock boosts ETF market The price of Bitcoin (COIN:BTCUSD) surpassed $57,000, a milestone not seen since the last market peak in November 2021, accumulating an annual growth of over 30%. The price increase was spurred by ETFs and Bitcoin acquisitions by MicroStrategy (NASDAQ:MSTR), boosting confidence in the digital sector. Bitfinex investors took…
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US Index Futures Slightly Rise; Bitcoin Reaches 2021 High
On Tuesday, U.S. index futures showed a slight increase, in anticipation of significant economic indicators expected later in the week and statements from Federal Reserve officials, which may reveal valuable clues about future interest rate directions. At 5:35 AM, Dow Jones Industrial Average futures (DOWI:DJI) were up 13 points, or 0.03%. S&P 500 futures rose…
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Crypto: Phishing Hack Strikes MicroStrategy, Malicious Code Compromises Tornado Cash, and More
MicroStrategy hit by phishing scam on X; continues Bitcoin portfolio expansion MicroStrategy’s account on X (formerly Twitter) was compromised, disclosing a fake airdrop of an MSTR Ethereum token in the early hours of February 26. PeckShield alerted to a phishing link in the announcement, leading to a fake website. Although the post was deleted, MicroStrategy…
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Uniswap Skyrockets 55% with Incentive Proposal, Avalanche Confronts 4-Hour Shutdown, and More
Expiration of $3.6 billion in Bitcoin options could influence the market Today, around $3.6 billion worth of Bitcoin options contracts are set to expire on major derivatives exchanges, raising questions about possible impacts on the cryptocurrency’s value. The majority of these options reside on Deribit and CME, indicating significant speculation or hedging strategies against Bitcoin…
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Crypto: ZCash Surges on Grayscale’s Strategy, Gauntlet Terminates Aave Partnership, and More
Retail traders drive cryptocurrency surge, says JPMorgan Analysts at JPMorgan (NYSE:JPM) highlight that the recent surge in cryptocurrency values is primarily driven by retail traders acting on impulse, rather than institutional investors or market fundamentals. According to them, the cryptocurrency market recovery in February can be attributed to the increasing activity of these individual traders.…
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Crypto: Mastercard and Swoo Pay Fuel Crypto Payments, Ether Soars Past $3K on Tuesday, and More
Ether surpasses US$ 3,000 driven by expectations of ETFs in the US For the first time in nearly two years, Ether (COIN:ETHUSD) exceeded US$ 3,000 on Tuesday, driven by the possibility of approval of Ether ETFs in the United States by May. Reaching a peak of US$ 3,003.40, the second-largest cryptocurrency by market value then…
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Crypto: Bitcoin Futures Achieve Record Highs, WLD Skyrockets by Over 200% This Week, and More
Records in Bitcoin futures indicate market growth Open interest in Bitcoin futures on centralized platforms reached an annual peak, surpassing previous marks from November 2021. According to CoinGlass, the value of open Bitcoin futures contracts reached $22.9 billion, reflecting an increase of over 30% since the beginning of 2024. This growth accompanies the appreciation of…
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Crypto: VeChain Leads Weekly Gains, VanEck Slashes Fees, and More
VeChain leads gains in the cryptocurrency market with a 65% increase Bitcoin (COIN:BTCUSD) has recorded a 14.62% increase in the last week, but altcoins stood out with gains exceeding 50%. The highlight was VeChain (COIN:VETUSD), which surged by around 60%. The blockchain, focused on optimizing supply chains and business processes, saw its value skyrocket without…