February 2024 | Page 20 of 122 | Last Cryptocurrency News Feed

Bitcoin Tops $57K as Rally Picks Up Steam

Following sizable gains during the U.S. day on Monday, bitcoin (BTC) pushed through several additional round number milestones during early Tuesday morning Asia hours, the price topping $57,000 for the first time since November 2021.At press time, bitcoin had pulled back a hair to $56,500, still ahead more than 9% over the past 24 hours.

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Solana Investor Sentiment Remains Battered With $3M Outflows: CoinShares

Solana-based investment products had seen steady inflows throughout the year after intensive performance and reliability improvements. However, investor confidence took a hit due to a network outage lasting five hours earlier this month, caused by a bug that caused transactions to enter an infinite loop, thereby impacting the network’s functionality. Solana’s Troubles Continue Among altcoins

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This Shiba Inu Metric Soars Nearly 15%: Could the SHIB Price Follow?

TL;DR Shiba Inu’s daily active addresses have seen a substantial increase, signaling growing interest and a potential price rally. Other developments, such as the burning mechanism and Shibarium’s progress, might also positively affect SHIB’s value. While Shiba Inu’s price has underperformed as of late, some essential indicators related to the second-largest meme coin by market

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What Spot Bitcoin ETFs in Canada Say About the U.S.

On Jan. 10, the U.S. Securities and Exchange Commission (SEC) ended the years-long wait for spot bitcoin exchange-traded funds (ETFs). The approval, an important phase in the maturation of Bitcoin, opened the door for millions of Americans to invest in the incumbent digital currency, whose value grew by more than 160% in 2023.Reza Akhlaghi is

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The Blockchain Industry Must Build for the Real Needs of Real People

When I started building blockchain products, I frequently said blockchain is a database; it doesn't save the world.Technology on its own rarely does. Every technology's value hinges on the functionality and utility it brings to everyday people in their environments.Tori Samples is a senior product manager at the Stellar Development Foundation.Consider another technology that once

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This Crypto Exchange Went Dark After $56.5M Outflow

Hong Kong-based cryptocurrency exchange BitForex has stopped all withdrawals for at least three days, leaving users puzzled and worried about the safety of their assets. This incident was revealed when blockchain sleuth ZachXBT flagged suspicious activity on the platform, sparking fears of a potential exit scam. Exit Scam Suspicions and Halted Withdrawals ZachXBT, in a

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5 Things Satoshi Nakamoto Correctly Predicted About Bitcoin

Correspondence between Satoshi Nakamoto and his earliest known collaborator, Martti Malmi, was released as part of an ongoing lawsuit in the United Kingdom regarding the true identity of Bitcoin’s pseudonymous creator. For some, the documents represent a new avenue of research for anyone looking to finally identify who Satoshi really is. For others, the 120

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Seeking Yield on $37M Ether Treasury, JPEG’d DAO Mulls Airdrop Farming

The hunt for high-yield crypto investments has prompted one on-chain lending project to consider deploying its treasury in airdrop farming, a favorite pastime for many trading degens.JPEG'd DAO, the governance group that runs the Ethereum-based lending platform that accepts NFTs as collateral, on Monday began voting on a proposal to deploy up to 50% of

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Ether is Now the Largest Institutional Crypto Asset: Bybit Research

Institutions are heavily allocating their portfolios to ether and bitcoin, while retail users are more bullish on bitcoin, according to a Bybit report.Bybit's report highlights a shift in market sentiment since December, with institutions now favoring ether due to the anticipated Dencun upgrade and reducing their altcoin positions.Despite Solana's strong performance in Q3 2023, Bybit

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BlackRock Spot Bitcoin ETF Trades over $1 Billion So Far Today In New Milestone

In a significant milestone for spot Bitcoin exchange-traded funds (ETFs), BlackRock's spot Bitcoin ETF has recorded over $1 billion in trades today alone, according to Bloomberg Senior ETF Analyst Eric Balchunas. This achievement underscores the growing demand for Bitcoin investment products and highlights the increasing acceptance of Bitcoin within traditional finance.MILESTONE $IBIT has traded $1b worth of shares