Auto Added by WPeMatico

Bitcoin Breaks $54,000 Barrier for First Time Since 2021, Eyes Historic Highs Ahead of Halving Event

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…

Continue ReadingBitcoin Breaks $54,000 Barrier for First Time Since 2021, Eyes Historic Highs Ahead of Halving Event

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%,…

Continue ReadingPotential Reprieve for Bitcoin Miners With Upcoming Difficulty Adjustment Following Record Hike

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…

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

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…

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

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…

Continue ReadingEthereum Technical Analysis: Upper Resistance Tussle Puts Bulls on Pause

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…

Continue ReadingBitcoin Technical Analysis: Oscillators and Moving Averages Paint a Complex Picture

South Africa Regulators to Unveil Document Categorizing Stablecoins as a ‘Particular Type of Crypto Asset’

In 2024, the Intergovernmental Fintech Working Group, a consortium of South African regulators that unveiled a position paper on crypto assets in 2021, is expected to “publish additions to include…

Continue ReadingSouth Africa Regulators to Unveil Document Categorizing Stablecoins as a ‘Particular Type of Crypto Asset’

Coinbase Reveals Texas Voters Believe Crypto Is a Relevant Topic for the Next Elections

Coinbase, a major U.S.-based crypto exchange, has found that Texas voters are interested in the crypto subject and presidential candidates’ postures on the issue. 21% of all Texan adults (4.7…

Continue ReadingCoinbase Reveals Texas Voters Believe Crypto Is a Relevant Topic for the Next Elections

Grayscale Research Identifies Dencun Upgrade as ‘Coming of Age’ Event for Ethereum

Grayscale Research’s latest report explains that Ethereum is poised to take advantage of several tailwinds with its upcoming Dencun upgrade. Grayscale analyst Will Ogden states that, while Ethereum is facing…

Continue ReadingGrayscale Research Identifies Dencun Upgrade as ‘Coming of Age’ Event for Ethereum