Month: February 2024

Amidst a Surge in Spot Bitcoin ETF Reserves, Kraken Institutional Enters the Market

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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 Low-Latency Trading: Kraken Institutional’s Promise to Elite Clients This new crypto service, Kraken Institutional, introduced by Tim Ogilvie, the global head of the business division, … Read more

Nigeria Detains Two Binance Executives, Crypto Platform Accused of Exchange Rate Manipulation

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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 flowed through the cryptocurrency exchange from sources and users that the bank could not adequately identify. Passports of Binance Executives Seized Authorities in Nigeria have … Read more

Arweave and Aptos Lead Crypto Market Surge With Stellar Gains as BTC Nears All-Time High

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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 (APT) with a 23.5% appreciation against the U.S. dollar. AR, APT, FET, DOGE, PEPE, and ORDI Post Impressive Gains Amidst Crypto Upswing As of 2 … Read more

Service Interruptions at Coinbase, Robinhood and Kraken as Bitcoin Soared to $64,000

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On Wednesday, bitcoin’s value ascended to the vicinity of $64,000, during which time users of Coinbase and Robinhood reported disruptions in service. As of Feb. 28, 2024, Coinbase’s status page indicated the platform was suffering from “degraded performance,” while Robinhood’s clientele voiced their grievances to the platform’s support team. Technical Troubles Shadow Bitcoin’s Climb to … Read more

Bitcoin’s Swift Climb Triggers Soaring Premium in South Korea During Worldwide Rally

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On Wednesday, bitcoin’s value ascended past the $60K threshold, peaking at a 24-hour high of $61,389 by 10:45 a.m. (ET). Concurrently, South Korea observed a pronounced premium over the international exchange rate, with local platforms such as Upbit and Bithumb displaying prices that are $2,251 higher. In a Worldwide Bitcoin Frenzy, South Korea and 30+ … Read more

Blackrock Bitcoin ETF Shatters Inflow and Volume Records — Holdings Exceed 141K BTC

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Blackrock’s spot bitcoin exchange-traded fund (ETF) has had a second consecutive record-breaking day with over $1.3 billion in trading volume. The world’s largest asset manager’s Ishares Bitcoin Trust (IBIT) also saw a record net inflow on Tuesday. The fund’s total bitcoin holdings have now surpassed 141K bitcoins. Another Record Day for Blackrock’s Bitcoin ETF Nine … Read more

Hot Airdrop: Social-Fi Project CharityDAO About to Launch Airdrop Event

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PRESS RELEASE. According to community volunteers, CharityDAO will launch a large-scale airdrop event on February 29th. It is estimated that 76 million CHD tokens will be distributed to participating users. The current method of interaction is not yet known. This is another popular Social-Fi project announcing an airdrop following friend.tech’s high-profile announcement last week. Benefiting … Read more

Bitcoin Breaks $60K Barrier — On the Verge of Outranking Meta by Market Value

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Bitcoin broke through the critical $60,000 barrier at 8:30 a.m. Eastern Time on Wednesday, reaching a level last seen in November 2021. The leading cryptocurrency’s market value is on the brink of overtaking Meta, positioning it as the ninth most valuable asset in the world by market capitalization. Bitcoin Climbs Past $60,000: A New Era … Read more

Bitcoin Technical Analysis: A Series of Successive Gains Signals Strong Market Confidence

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As bitcoin weaves its way through the market’s intricacies, its pricing path exhibits an unyieldingly positive trend, marked by a train of successive increases. Reaching $59,992, the leading digital currency experienced a significant intraday journey, fluctuating between $56,383 and $59,992, highlighting a period of volatility but with an extremely bullish undertone. Bitcoin The market cap … Read more

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