CryptoNews

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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Coinbase Commerce Ditches Support for Bitcoin Payments Using Self-Custody Wallets

February 21, 2024
Coinbase Commerce, the cryptocurrency payments solution of U.S.-based exchange Coinbase, has removed support for bitcoin payments using self-custody wallets. Brian Armstrong, CEO of the exchange, clarified it maintains support for payments from UTXO-based chains from Coinbase accounts. However, Commerce will focus on supporting ERC-20 tokens on layer 2 protocols, like Base and Polygon. Coinbase…
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