Ethereum’s price experienced a turbulent trading session on March 4, 2024, with significant intraday fluctuations marking the landscape. Despite the short-term volatility, underlying indicators and moving averages suggest a strong bullish trend over the long term.
Ethereum
The last 24 hours saw ethereum’s (ETH) price swing from $3,411 to $3,537, encapsulating the volatile nature of the crypto…
Service Interruptions at Coinbase, Robinhood and Kraken as Bitcoin Soared to $64,000
February 29, 2024
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…
Arweave and Aptos Lead Crypto Market Surge With Stellar Gains as BTC Nears All-Time High
February 29, 2024
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…
Nigeria Detains Two Binance Executives, Crypto Platform Accused of Exchange Rate Manipulation
February 29, 2024
Nigerian authorities have reportedly detained two senior executives from Binance Nigeria 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 reportedly…
Crypto Exchange Kraken Shares 'Real Story' of SEC Lawsuit — Claims SEC Seeks 'Boundless Authority' Over Commerce
February 28, 2024
Cryptocurrency exchange Kraken has shared what it called “the real story” of the lawsuit against it by the U.S. Securities and Exchange Commission (SEC). Kraken also explained why it is moving to dismiss the case. “Crypto innovators in the United States should not have…
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…
Lighthouse Protocol Aims to End Wallet Draining Attacks on Solana
February 28, 2024
Lighthouse Protocol, an initiative that simulates transactions, aims to end the security problems derived from using unknown smart contracts in Solana. The project, which is currently in its testing stages and is projected to be included in more wallets this year, would avoid the execution of any movement that unexpectedly changes the outcome of a transaction.
Project Lighthouse to Tackle the…
Kyberswap Hack: Blockchain Security Firm Reports Movement of 800 ETH From Exploiter’s Address
February 27, 2024
Blockchain security firm Peckshield revealed on Feb. 26 that an exploiter labeled address associated with the Kyberswap hack had bridged approximately 800 ether tokens from Arbitrum to the Ethereum blockchain. On the same day, the Kyberswap team unveiled revised dates for…
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…
JPMorgan Chase has discussed three main catalysts driving crypto prices over the coming months. The global investment bank’s analysts believe that the Bitcoin halving event and the next major upgrade of the Ethereum network are largely priced in.
JPMorgan on Catalysts Affecting Crypto Prices
Global investment bank JPMorgan Chase has provided its insights into three key catalysts it believes will…
