Bitcoin Miners Change their Game Both Short Term and Long

Strategic Shifts On Feb. 26, Marathon Patent Group changed its name to Marathon Digital Holdings. Marathon, which is one of North America’s largest crypto miners, stated that the change reflects the new nature of its business. дальше »

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Bitcoin plunges, Ethereum suffers, Musk loses billions: Hodler’s Digest, Feb. 21–27

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Test Your Crypto Knowledge With BeInCrypto’s Weekly Quiz — Feb. 27

A bank tested blockchain payments in space, victims of the Mt. Gox hack almost a decade ago will finally be able to vote on a compensation proposal, the BTC dip also affected the market’s second cryptocurrency, and many other events happened this week. дальше »

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Binance to Support Cardano (ADA) Upgrade and Hard Fork

Binance announced on Feb. 27 that the trading platform will support the Cardano network upgrade and hard fork. The platform will suspend ADA deposits and withdrawals starting from 16. 00 UTC on Mar. дальше »

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Law Decoded: Loose ends and long dramas, Feb. 19–26

Longstanding sagas in crypto saw major plot development and even a conclusion or two in this week's newsletter.

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5 Metrics that Prove DeFi is at an All-Time High Demand

1. Total Value Locked (TVL) On Feb 22, just four days ago, TVL for all DeFi projects in the cryptocurrency and blockchain space reached a record $43. 15 billion. Since the beginning of the year alone, TVL for the DeFi space increased by nearly 200% after starting 2021 at around $15 billion. дальше »

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The Hateful Eight: ZEN, XVS, ICX, ZEC, DASH, CAKE, AVAX, and BCH – Biggest Losers Over the Past 7 Days

In this article, we’ll look at the eight coins that have decreased the most over the past seven days (Feb 19 – 26). They are: Horizen (ZEN) – 40. 69% Venus (XVS) – 36. 54% Icon (ICX) – 35. дальше »

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Gold, Stocks, and Bitcoin: Weekly Overview — Feb. 26

BeInCrypto takes a look at price movements for bitcoin, gold, and select stocks. Check back weekly for more analysis! The post Gold, Stocks, and Bitcoin: Weekly Overview — Feb. 26 appeared first on BeInCrypto. дальше »

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World’s First Bitcoin ETF Garners $624 Million in Nine Days

The ETF notably passed the $400 million AUM mark just two days after its launch on Feb. 18. The fund has currently amassed 10,064 BTC. It trades under the tickers “BTCC. B” and “BTCC. U. ” The former is the Canadian dollar-denominated fund and the latter is the U. дальше »

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Wanxiang Blockchain Forms RISC-V International Blockchain SIG with Ecosystem Partners

On Feb. 23, 2021 at MWC Shanghai, Wanxiang Blockchain and aitos.io announced they joined RISC-V International as strategic members and have formed RISC-V International’s new Blockchain SIG... дальше »

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Weak Bitcoin (BTC) Bounce Fails to Clear Critical Resistance

Nevertheless, Bitcoin is still expected to bounce back above $50,000 and complete the second part of its correction.   Bitcoin Indicators Show Weakness The daily chart shows that despite the ongoing bounce that began on Feb. дальше »

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1inch Exchange Extends to Binance Smart Chain (BSC) Amid Rising ETH Gas Fees

In a “natural step,” 1inch Exchange, the decentralized exchange (DEX) aggregator, is expanding to the Binance Smart Chain (BSC), as per an announcement on Feb 25. Extension to Binance Smart Chain (BSC) Consequently, they are deploying the 1INCH token on the BSC, availing 1inch Aggregation and Liquidity protocols, including staking features, to BSC users. TenRead More дальше »

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Market Roundup: BTC Can’t Hold $50,000 as Market See-Saws, ADA Snatches Fourth

Bitcoin spent Thursday, Feb 25 not doing too much. The alpha crypto remained range-bound for most of the day having briefly tapped over $50,000. The cryptocurrency could not hold above that level and fell below the mark once again. дальше »

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MicroStrategy, Square and Tesla Capitalize on the Recent BTC Price Dip

Starting off on Tuesday, Feb. 23, Tesla’s stock dropped to the lowest it had traded since September, around $619. As of going to print, it seems to have found support around $720.   The day prior, Monday, Feb. дальше »

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BIC’s Crypto Video News Show: Institutional Demand Exploding, Are They Buying the Dip?

The price of BTC dropped significantly on Monday, Feb. 22, reaching a local low of $47,622. However, the following day, Feb. 23, the price dropped another 18%, from Monday’s high of $55,374 to another low of $44,951. дальше »

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Monero (XMR) Bounces After Rejection from Long-Term Resistance

Despite the rejection, XMR seems to be holding up above the minor $185 support area and should continue increasing. XMR Long-Term Levels XMR has been decreasing since reaching a high of $287 on Feb. дальше »

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Coinbase Pro Sees 13K Bitcoin (BTC) Outflow as Institutions Remain Bullish

Significant outflows from Coinbase came despite the BTC price hovering at around $49,000. It suggests the U. S. institutional investors expect BTC to make a new high after a considerable drop to a low of $47,400 on Feb. дальше »

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Switzerland: 177-year-old Private Bank to Support Cryptocurrency Trading

A 117-year-old Swiss private bank, Bordier & Cie SCmA, is incorporating Sygnum Bank’s B2B banking platform to extend its offerings and include cryptocurrencies, a press release on Feb 24 shows. дальше »

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Finance Redefined: Ethereum exodus continues as Binance ‘helps,’ Feb 17–24.

Binance is flexing its muscles in a bid to promote BSC over Ethereum.

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Grayscale Trusts Suffer $3.3 Billion Downturn Following Market Rout

In its asset update from Feb. 22, Grayscale had tweeted that its AUM amounted to $42 billion. This makes up a $3. 3 billion downturn in trust value in less than a week — nearly an 8% loss. Grayscale Hit Hard The value of Grayscale’s largest trust, the Grayscale Bitcoin Trust, fell from $35. дальше »

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Bitcoin Has No Intrinsic Value, Asset Is Too Volatile, Says Bank of Korea Governor

Bank of Korea Governor Lee Ju-yeol has said that crypto assets like bitcoin have no intrinsic value – put simply, a measure of what an asset is actually worth. ● Speaking in the National Assembly on Feb. дальше »

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Crypto Influencers: Top 5 People Making Waves in the Market This Week – Feb 17-24

While the markets have seen some crazy volatility over the last week, bitcoin has reached an all-time high. Altcoins have seen huge gains, and the total market capitalization has also broken new ground. дальше »

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Market Roundup: Bitcoin Fights $50K as MicroStrategy Buys 19,452 BTC

The week may have started with some of the biggest 24-hour liquidations ever seen. Bitcoin declined to the mid-$40k range as traders suffered roughly $6 billion in liquidations on Tuesday, Feb 23. дальше »

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DeFi User Accidentally Pays $42k in Gas to Move Funds to Uniswap

In what will undoubtedly be the costliest Ethereum approval in February 2021, one user paid $42.2k in a single transaction to move funds from his USDC account to Uniswap V2 on Feb 23. The Error Coincidentally, this is when ETH prices toppled from their highs of around $1.8k, sinking to as low as $1.48k beforeRead More дальше »

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MicroStrategy Buys Nearly 20,000 BTC for $1.026 Billion

As of Feb. 24, the company hodls 90,531 BTC, which were acquired for $2. 171 billion, at an average price of $23,985 per coin, Saylor detailed in a tweet. The company made the purchase after raising $1. дальше »

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TOMO Regains Footing and Reaches New All-Time High

While the trend is still bullish, TOMO is likely approaching the top of its current upward movement. Current Movement On Feb. 13, TOMO reached a high of $2. 48 and began a downward move shortly afterward, culminating with a low of $1. дальше »

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Algorand (ALGO) Maintains Long-Term Support Despite Sharp Fall

Despite the upward movement, we cannot consider the trend bullish until Algorand breaks out above the current short-term descending resistance line.   Algorand Trading Range ALGO has been decreasing since Feb. дальше »

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Bitcoin Futures, DEX Trading Set New Records on Feb. 23: Details

The ongoing crypto market correction has already resulted in some trading volume records дальше »

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HOPR Hosts Global Token Launch Event on Feb 24 After First-Of-Its-Kind DAO Experiment

Zurich, Switzerland – HOPR, a Swiss Web3 pioneer, is holding a global event on February 24th to mark the launch of its token and privacy protocol. HOPR’s privacy protocol is the first to provide incentivized decentralized metadata privacy, ensuring people and devices can transfer data securely without leaking identifiable metadata. дальше »

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India’s Largest Bank Partners with JPMorgan for Blockchain Payment Solution

The State Bank of India (SBI), a major Indian bank, has collaborated with Wall Street giant JPMorgan to utilize the latter’s blockchain solution for efficient cross-border transactions.   SBI Collaborating with JPMorgan for Blockchain-based Cross-border Payments According to the Economic Times on Wednesday (Feb. дальше »

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BIC’s Crypto Video News Show: Will EIP-1559 Save Ethereum From Binance Smart Chain?

On Feb. 22, Predictions Global founder and Ethereum developer Ryan Berckmans tweeted that the ‘London’ hard fork could launch in July.   EIP-1559 has become the most anticipated upgrade since ETH 2. дальше »

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$5.6 Billion Liquidated Across Exchanges as Bitcoin Falls Below $46,000

This price crash is picking up on the downwards price momentum that was initiated in the market on Monday with a 13% 4-hour red Bitcoin candle. Feb. 22 was also a record day for the daily Bitcoin trading range. дальше »

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Nimbus Platform Utility Token, NBU, To List on Uniswap on Feb 24, Opportunity for Value-Seeking Investors?

The NBU utility token, native to the Nimbus Platform, is listing on the Uniswap DEX on Feb 24, 2021, at 12 PM GMT.   Uniswap is the Centerpiece of DeFi Uniswap is the world’s largest Ethereum-based decentralized exchange, processing over $100 billion in trading volumes. дальше »

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Bitcoin Drops Below $50,000 — Will a Steeper Correction Follow?

Despite the considerable drop, it’s likely that this is a short-term correction, Bitcoin is expected to make another new high after.   Bitcoin Attempts to Find Support Bitcoin decreased considerably on Feb. дальше »

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$24 million lost in second-largest day of DeFi liquidations

The Feb. 22 crypto market flash-crash liquidated more than $24 million worth of DeFi loans. with Compound users representing more than half of the margin calls. дальше »

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Bitcoin Tweet Volume Spikes, Exchanges and On-Chain Data Analytics Platforms Gain More Followers

More people are posting tweets about “Bitcoin,” The Block Research data on Feb 21 shows. Bitcoin Tweet Volume spikes in February By mid-February 2021, there were 675k Bitcoin tweets, a 17. дальше »

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63,100 BTC Options Expire on Friday, Feb. 26

Skew explains in a tweet that there is $160 million worth of options with a strike price of $56,000. A chart in the tweet shows that options with a strike price of $48,000 have the highest open interest (4,400). дальше »

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Five Biggest Altcoin Gainers From Feb. 15 – Feb. 22

During the week of Feb 15 -22, these five altcoin picks rallied the most: Pundi X (NPXS) – 206% OKB (OKB) – 188% Kucoin Token (KCS) – 180% Holo (HOT) – 178% Ravencoin (RVN) – 152% Biggest Altcoin Gainers NPXS has increased considerably since the beginning of the year, but the upward movement looks extremely … Continued The post Five Biggest Altcoin Gainers From Feb. 15 – Feb. 22 appeared first on BeInCrypto. дальше »

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Nvidia Limits the Efficiency of Mining Ether Using Its GPUs by 50%

Nvidia announced that it will start limiting the efficiency of mining ethereum or any other crypto using its new range of upcoming graphics processing units (GPUs). In a blog post published Feb. 19, the U. дальше »

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Bitcoin Reaches All-Time High but Fails to Break $60,000

While a short-term correction could occur, the long-term trend is still bullish and BTC is expected to eventually make a new all-time high price.   Weekly Bitcoin Close Generates Weakness The Bitcoin price increased considerably during the week of Feb. дальше »

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DeFi Protocol BadgerDAO to Launch CLAWS Stablecoin

In a Feb. 22 announcement, the DeFi protocol explained what its new offering will do and why the crypto space needs another stablecoin. CLAWS is a “yield dollar” similar to those that are offered by the UMA protocol. дальше »

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Top Crypto Quotes of the Week: Feb. 14 To Feb. 21

The bull market is in full swing as Bitcoin saw new all-time highs daily this week. The total crypto market cap also saw new highs, along with a plethora of altcoins reaching new price levels. However, what did industry leaders and influencers have to say about all the action this week? We look at some … Continued The post Top Crypto Quotes of the Week: Feb. 14 To Feb. 21 appeared first on BeInCrypto. дальше »

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Musk Versus Saylor on Bitcoin: What do They Really Think?

On Feb. 19, MicroStrategy announced that its most recent senior notes offering ran to $1. 05 billion dollars. The company took on this debt in order to buy another billion worth of Bitcoin. And on Feb. дальше »

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Thanks a trillion Bitcoin, Binance Coin goes parabolic, NFT mania: Hodler’s Digest, Feb. 14–20

The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! дальше »

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Test Your Crypto Knowledge With BeInCrypto’s Weekly Quiz — Feb. 20

The past week has turned out to be quite an eventful time: ethereum (ETH) shot to a new all-time high before skyrocketing above $2,000 for the first time ever, Binance saw its native token BNB climb the market cap ranks, and world-famous auction house said it will accept ETH as payment, among many other things. дальше »

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Malaysian Police Bust Gang That Stole $2.15 Million Worth of Electricity to Mine Bitcoin

Police in Malaysia’s Jahor state have busted a seven-men gang that stole 8. 6 million Malaysian ringgits ($2. 15 million) worth of electricity to mine bitcoin and other cryptocurrencies. ● Police said they seized 1,746 bitcoin (BTC) mining machines across 21 premises in raids carried out between Feb. дальше »

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Law Decoded: Bringing blockchain into securities markets, Feb. 12–19

But security tokens are not ready to take over the world quite yet.

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Market Roundup: BTC Not Stopping Anytime Soon, BNB Moons

On Friday, Feb 19, bitcoin reached another all-time high: $55,843. For the fifth consecutive day this week, the world’s most popular cryptocurrency not only broke another all-time high but also broke the $1 trillion market cap level, something never seen before. дальше »

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The Magnificent Seven: CAKE, RVN, GNT, XVS, BNB, DASH, TFUEL – Biggest Gainers Over the Past Seven Days

In this article, we’ll look at the seven coins that have increased the most over the past seven days (Feb 12 – 19). They are: PancakeSwap (CAKE) – 173% Ravencoin (RVN) – 154% Golem (GNT) – 144% Venus (XVS) – 133% Binance Coin (BNB) – 112% Dash (DASH) – 94% Theta Fuel (TFUEL) – 98% … Continued The post The Magnificent Seven: CAKE, RVN, GNT, XVS, BNB, DASH, TFUEL – Biggest Gainers Over the Past Seven Days appeared first on BeInCrypto. дальше »

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New Record: Bitcoin’s Market Capitalization Exceeds $1 Trillion

In a gigantic leap, the Bitcoin market capitalization has breached the $1 trillion psychological barrier for the first time in its short history. Data on Feb 19 reveals that once the BTC/USD price broke $53. дальше »

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