CryptoNews

Crypto Exchange Bitforex Suspends Withdrawals Following $56.5M Drain From Hot Wallets

February 28, 2024
Bitforex, a centralized cryptocurrency exchange, abruptly halted user withdrawals. This sudden action occurred just moments after a reported $56.5 million was removed from the platform’s hot wallets. According to online crypto investigator Zachxbt, the Bitforex team has ceased all communication with users. No Official Word From the Bitforex Team On Feb. 23, Bitforex, a cryptocurrency exchange…
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Bitcoin Reaches $57K in Stellar Monday Surge, Erasing $70 Million in Shorts in Just One Hour

February 27, 2024
Bitcoin reached a peak of $57,055 on Monday, climbing 10.1% over a 24-hour span and elevating the digital asset’s market value to $1.10 trillion. The value of bitcoin relative to the U.S. dollar hasn’t ascended to these levels since Nov. 22, 2021, marking 12 days after the digital currency’s peak value of $69,000. Monday’s Bitcoin Rally Hits $57K The leading cryptocurrency by market…
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Donald Trump's Cryptocurrency Portfolio Tops $5M, Thanks to $2.9M in Trump

February 26, 2024
Just recently, the 45th President of the United States, Donald Trump, has expressed a neutral stance towards bitcoin, stating he could live with it “one way or the other.” Meanwhile, Trump’s holdings in crypto assets have seen a significant increase in value. A substantial portion of his digital wealth is currently in a digital currency aptly named TRUMP, a gesture from the developers of the…
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Cryptocurrency Exchange Bitget Eyes Latam Expansion

February 22, 2024
Bitget, a top 15 cryptocurrency exchange, is seeking to expand its operations in Latin America, a market traditionally dominated by incumbents like Binance and Bitso. Maximiliano Hinz, Bitget’s growth director for Latam, believes that the exchange can differentiate by…
CryptoNews

Ethereum Technical Analysis: ETH Highlights Resilience Across Several Timeframes

February 22, 2024
Ethereum started Monday with its price hitting $2,934 per unit, marking a week filled with a strong 14.9% increase. Over the preceding fortnight, the second-leading crypto asset by market cap witnessed a substantial 25.9% upswing. Kicking off this week, ether’s trading volume over the past 24 hours has hovered around $24.74 billion. Ethereum Peering into ethereum’s (ETH) 1-hour chart, a…
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