The price of Bitcoin recorded a double-digit surge, reaching a high of $64,100 on Coinbase. However, BTC plummeted as Coinbase users reported account balance issues. Coinbase CEO Brian Armstrong noted that the exchange has seen a surge in traffic. The price of Bitcoin surpassed $64,000 on Wednesday, February 28, marking its highest level since October 2021. The value of the top cryptocurrency rose more than 12% in 24 hours, hitting a record high of $64,100 on Coinbase. However, as $100 million in liquidated BTC entered the market within an hour, the price fell sharply, reaching a low of $58,000. In…
Author: Crypto Flexs
Read More
introduction CarpeDiemCoin is a revolutionary new cryptocurrency ready to change the way we think about wealth and financial freedom. Through its decentralized nature and innovative technology, CarpeDiemCoin offers a unique opportunity for individuals to take control of their financial future and unlock their true earning potential. What is CarpeDiemCoin? CarpeDiemCoin is a digital currency that operates on a peer-to-peer network, utilizing blockchain technology to secure transactions and maintain transparency. Designed to be fast, secure and easy to use, it’s the ideal choice for individuals looking to invest in their financial future. How to get started with CarpeDiemCoin Getting started with…
Bitcoin’s frenzied activity as March began saw it post its biggest monthly increase in nearly three years early Thursday. Money is pouring into listed Bitcoin funds, generating huge profits, and Bitcoin is now on the verge of a record high. Source: Coingecko Investor enthusiasm as Bitcoin expected to recoup $64,000 The major cryptocurrency rose as much as 14% late Wednesday, temporarily reaching $64,000. This is the first time it has surpassed $60,000 since November 2021. Afterwards, some of the gains were reversed. According to data from Coingecko, BTC was trading at $62,540 at the time of this writing. The “fear…
Backpack raises $17M in strategic Series A round led by Placeholder VC – Chainwire housenewsroomBackpack raised $17 million in a strategic Series A round led by placeholder VCs. We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications…
New York-based cryptocurrency exchange Gemini announced late Wednesday that the parties involved in the bankruptcy of cryptocurrency lending company Genesis have agreed to return $1.1 billion in digital assets to users of the platform’s Earn program.“We have finally reached an agreement in principle with Genesis and other creditors in the Genesis bankruptcy, subject to approval by the Bankruptcy Court. This will result in all Earn users receiving 100% of their digital assets back in kind,” the company wrote. Revenue Update: Today we are pleased to announce that we have reached an agreement in principle with Genesis and other creditors regarding…
VanEck has launched SegMint, a new digital asset management platform to simplify self-management of assets and improve the security and accessibility of digital ownership. Investment giant VanEck has announced the launch of SegMint GmbH, a cutting-edge digital asset management platform. The platform is poised to transform the digital asset space by offering an innovative “lock and key model” that makes self-custodial asset management more accessible and secure. This announcement comes as the digital asset industry is seeing exponential growth in monthly active wallets, with Ethereum alone boasting 11.8 million. The need for mechanisms that simplify ownership sharing without compromising security…
Ethereum price surpassed $3,400, hitting its highest level in months. ETH is consolidating like Bitcoin and seems poised for another bull run. Ethereum extended its gains above the $3,400 resistance zone. The price is trading above $3,350 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bullish trendline with support at $3,250. The pair may move lower, but the decline may be limited below the $3,250 support zone. Ethereum price rally extends Ethereum price remained in bullish territory after stabilizing above the $3,000 pivot level. Bitcoin showed strong movement above the…
The price of LTC has fluctuated slightly over the last 24 hours. Bearish sentiment surrounding the coin dominated the market. Litecoin (LTC) Investors were not satisfied because LTC did not follow the bull market trend. However, once prices reach a critical level, things can soon turn in their favor, which historically has been the case with bull markets. What is Litecoin doing? According to CoinMarketCap, the price of LTC has risen slightly over the past 24 hours, while several cryptocurrencies have shown promising gains. At the time of this writing, LTC had a market capitalization of over $5.6 billion and…
Ethena Lab’s stablecoin USDe has seen its market capitalization soar to $500 million as nearly half of its tokens are put into staking, increasing the project’s resilience. Amid cryptocurrency strength, Bitcoin, which has a market capitalization of $62,000, has surged nearly 40% over the past month. Similarly, Ethereum worth $3,402 also increased by 47% during the same period. USDe experiences massive growth in market capitalization In a post on X (formerly Twitter), on-chain data researcher Tom Wan informed his 9,585 followers that USDe had reached a market capitalization of $500 million. He also highlighted the significant returns that investors can…
The U.S. Securities and Exchange Commission asked the Delaware Bankruptcy Court to deny Terraform Labs’ retaining Dentons US LLC as special counsel, alleging “suspicious” payments were made to Dentons in a filing Tuesday. The SEC said in the filing that Terraform Labs transferred a “staggering” $166 million to Dentons Advance Payment Retainer, $122 million of which was transferred within 90 days before the bankruptcy filing. The SEC argued that the action appears aimed at stripping the company of assets that could be used to pay judgments resulting from the agency’s enforcement actions.The agency alleged that $122 million was transferred to…