Bitcoin Suddenly Plummets 7% After Hitting $64K, Triggering Over $600M Crypto Liquidations
Bitcoin rose to $64,000 Wednesday before quickly reversed to $59,000, CoinDesk data shows.Source
El Salvador’s Bukele Says Value of Country’s Bitcoin Holdings Up Over 40%
The country’s bonds have also surged to over 80 cents on the dollar.Source
Bitcoin-Focused Payments App Strike Rolls Out Services to Africa
Bitcoin-focused payments firm Strike is expanding its services to African countries including Nigeria, South Africa and Zambia, the company announced in a blog post Tuesday.Source
BlackRock Bitcoin ETF Heads for Second Consecutive Day of Over $1B Volume
Spot bitcoin ETFs had their best day since their debut on Monday, recording $2.4 billion in daily trading volume coupled with strong inflows.Source
MicroStrategy Is a Timely Play on Bitcoin Halving; Initiate at Buy: Benchmark
A price target of $990 is based on the assumption that bitcoin will reach $125,000 by year-end 2025, the report said.Source
PEPE and WIF Jump 50%, Putting Ethereum and Solana Meme Coins in Focus
PEPE tokens were up as much as 51% in the past 24 hours as some traders considered the meme tokens as an Ethereum ecosystem bet.Source
Days After Ditching Aave, Risk Manager Gauntlet Moves to Rival Lender Morpho
According to Gauntlet, the move offers the potential for more money with greater flexibility.Source
First Mover Americas: Bitcoin’s Bitfinex-Led Surge
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 27, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Liquidity Protocol’s Token AERO Surges 77% After CB Ventures Invests in Aerodrome Finance
AERO, the native token of liquidity protocol Aerodrome Finance, jumped by 77% on Tuesday after it was selected by the Base Ecosystem Fund, which is led by CB Ventures.Source
Ether is Now the Largest Institutional Crypto Asset: Bybit Research
Ether is now the largest single asset held by institutions, with Bybit speculating that this may be because of an upward swing from the Dencun upgrade.Source