The Uphill Quest — Top Cryptos Face Significant Hurdles to Reclaim Peak Prices
As of Feb. 29, 2024, at 11:30 a.m. ET, bitcoin’s price stands a mere 9.5% shy of its record high of $69,044 per unit, achieved on Nov. 10, 2021. Below…
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’10x Surge’ — Coinbase Traffic Overwhelmed Initial Demand Projections Amid Bitcoin’s Rise to $64K
The crypto enterprise Coinbase, rooted in San Francisco, experienced an influx of online visits that surpassed the tenfold increase anticipated by their projections. Brian Armstrong, the CEO of Coinbase, shared…
Meme Token Market Rally — Dogecoin, Shiba Inu, and Bonk Record Double-Digit 24-Hour Gains
The top three meme tokens — dogecoin, shiba inu, and bonk — have captured double-digit gains over the past day, rising between 23.3% to 37.5% against the U.S. dollar. Dogecoin…
Crypto.com Partners BTG Pactual to Expand Latam’s Crypto Reach
Crypto.com, a Singapore-based cryptocurrency exchange, partnered with BTG Pactual, Latam’s largest investment bank, to expand the access of Latam’s traditional customers to crypto services. The team-up entails listing BTG Dol,…
Global BTC Trading App Strike Launches ‘First Fully-Featured Region Outside the US’
The fiat and bitcoin payments app, Strike, has launched its “first fully-featured region outside the U.S.” According to Jack Mallers, the founder and CEO of Strike, the African continent presents…
El Salvador Won’t Sell Its Bitcoin — President Bukele Says ‘at the end 1 BTC = 1 BTC’
El Salvador president, Nayib Bukele, has affirmed that his country will not sell its bitcoin, emphasizing that “At the end 1 BTC = 1 BTC (this was true when the…
Bitcoin Price Could Hit $250,000 ‘Sooner’ Than Expected, Says Bitwise CEO
The chief executive of Bitwise Asset Management expects the price of bitcoin to hit $250,000 sooner than most people would imagine. Moreover, he believes that bitcoin is going to eat…
Amidst a Surge in Spot Bitcoin ETF Reserves, Kraken Institutional Enters the Market
The crypto exchange based in San Francisco, Kraken, has unveiled its latest offering, Kraken Institutional, a digital currency suite designed expressly for high-net-worth firms and institutional investors. Deep Liquidity and…
Nigeria Detains Two Binance Executives, Crypto Platform Accused of Exchange Rate Manipulation
Nigerian authorities have reportedly detained two senior executives from Binance who had recently arrived in the country. The Central Bank of Nigeria’s governor stated that in 2023 alone, $26 billion…
Arweave and Aptos Lead Crypto Market Surge With Stellar Gains as BTC Nears All-Time High
Bitcoin experienced a 6.8% increase on Wednesday, reaching a peak of $64,000. This upturn also propelled several other digital assets upwards, notably arweave (AR) with a 50.3% increase and aptos…
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