CryptoNews

Crypto Economy Hits $1.9 Trillion on Valentine's Day Surge: DYM, STX, and SEI Lead Gains

At the time of writing, the value of the crypto economy has reached $1.93 trillion, with bitcoin alone accounting for $1 trillion of this total. Bitcoin and ethereum have experienced increases of 4.2% and 5.3%, respectively. Meanwhile, a few crypto assets have posted even more significant gains against the U.S. dollar. DYM surged by 16.8%, STX soared 16.1%, and SEI enjoyed a 15.5% uptick in the…
Read more
CryptoNews

Solana Mobile's Chapter 2 Reaches 100K Preorders, Guarantees Production Hardware

Solana Mobile, a smartphone-focused subsidiary of Solana Labs, has announced that its second mobile phone, Chapter 2, has reached 100k preorders in less than 30 days, hitting a milestone that now guarantees the production of the hardware device. The company reported that the preorder price of $450 will be maintained only for the next two days. Solana Mobile’s Chapter 2 Preorders Hit 100K…
Read more
CryptoNews

Ethereum Technical Analysis: Sideways Movement as ETH Eyes Break Above $2,500

With its price positioned at $2,485, ethereum’s daily fluctuations have ranged from $2,309 to $2,541, highlighting a market that is both dynamic and erratic. The current market capitalization of ether is approximately $299.25 billion, and in the last 24 hours, ethereum has seen a global trading volume of $6.91 billion. Following a peak in the $2,541 range, ether bulls are taking a breather from…
Read more
CryptoNews

9 Bitcoin ETFs Accumulate 208,878 BTC Worth $10 Billion, Overshadowing Grayscale's Sell-Off

Since the conclusion of the spot bitcoin exchange-traded fund (ETF) trading sessions on Feb. 9, 2024, the nine freshly launched ETFs have amassed 6,009.49 bitcoin, valued at approximately $288 million. Concurrently, Grayscale’s Bitcoin Trust (GBTC), which evolved into a publicly-traded exchange-traded product, has sold off about 2,252.2 bitcoin, amounting to roughly $108 million. New Bitcoin…
Read more