Saturday, June 7, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

🔴 Ether Gains Momentum | This Week in Crypto – Feb 26, 2024

February 26, 2024
in Bitcoin
Reading Time: 3 mins read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on TwitterShare on E Mail


Bitcoin posts its first pink week in a month as Ether shines, Reddit reveals its crypto holdings and newly disclosed emails from Satoshi present his wonderful foresight. These tales and extra, this week in crypto.

Troubling Week for Bitcoin

After surging previous $52,000, Bitcoin’s momentum appears to be shedding steam, because it posted its first weekly decline in over a month, though the dip solely amounted to round 2%. Traders who noticed positive aspects from the latest 25% value improve ensuing from the thrill over the brand new US spot Bitcoin ETFs and the upcoming halving occasion, offered a few of their stacks to appreciate their income.

Ether Positive aspects Momentum

With positive aspects of 30% to this point this 12 months and buying and selling at a two 12 months excessive of practically $3000, Ether is at the moment outshining Bitcoin as hypothesis grows as as to if the second largest digital asset turns into the main focus of the following wave of US spot ETFs. In the meantime, Worldcoin, co-founded by OpenAI CEO Sam Altman, reached an all-time excessive, boosted by AI hype and optimistic stories from Nvidia, underscoring AI’s affect on the crypto trade.

JPMorgan: Retail Merchants Return to Crypto

JP Morgan famous that in February, retail traders are driving a surge in crypto investments reaching multi-year highs. On-chain information reveals small pockets flows surpass institutional ones, factoring in new ETF inflows. The revival of retail curiosity displays the anticipation of key crypto occasions: the Bitcoin halving, Ethereum community improve, and potential SEC approval of spot Ethereum ETFs.

Reddit IPO Reveals Crypto Investments

Social media platform Reddit filed for a public inventory providing, revealing its crypto holdings in its SEC submitting. The platform acknowledges holding cryptocurrencies and experimenting with blockchain know-how, exposing them to trade threat and regulatory issues. Reddit invested its extra money in Bitcoin and Ether, and bought Matic as a type of cost for gross sales of sure digital items.

USDC Faraway from Tron

Main stablecoin issuer, Circle will finish assist for its USDC token on the Tron blockchain community, efficient instantly. The US-based firm mentioned that the choice is aligned with its efforts to make sure that USDC remained trusted, clear and protected. Tron is a blockchain extensively used for transferring stablecoins, however its founder Justin Solar is dealing with regulatory issues within the US.

Trump Acknowledges Bitcoin

Former US President Donald Trump, who as soon as labeled Bitcoin a “rip-off in opposition to the greenback,” now acknowledges its rising affect. Trump acknowledged on Fox Information that Bitcoin has taken on a lifetime of its personal, as he observes an rising curiosity in Bitcoin and its use as a cost technique.

UK: Crypto is Property

Proposed laws within the UK goals to formally designate cryptocurrency as a definite type of property. The Regulation Fee of England notes this classification aligns with evolving court docket views, and emphasizes the pliability of widespread legislation. The proposal seeks to handle authorized uncertainties and improve the popularity and safety for distinctive options of sure digital belongings.

Satoshi Anticipated Bitcoin Power Debate

The mysterious creator of Bitcoin, Satoshi Nakamoto, warned that Bitcoin may grow to be a major power shopper in newly revealed emails from 2009. Satoshi foresaw scrutiny across the power utilized in Bitcoin’s Proof of Work consensus mechanism, in addition to predicting some non-financial makes use of of blockchain. The emails had been launched associated to the trial questioning Craig Wright’s declare to be Satoshi Nakamoto.

That’s what’s occurred this week in crypto, see you subsequent week.



Source link

Tags: cryptoEtherFebGainsMomentumWeek
Previous Post

Ethereum price sits comfortably above $3k as Bitcoin Dogs thrives

Next Post

OANDA Crypto Platform to Offer Crypto Trading in the UK

Related Posts

Bitcoin Lags Behind Stocks Over The Past 2 Weeks – Temporary Pause Or Trend Shift?
Bitcoin

Bitcoin Lags Behind Stocks Over The Past 2 Weeks – Temporary Pause Or Trend Shift?

June 7, 2025
FCA Proposes Lifting Ban on Crypto ETNs for UK Retail Investors
Bitcoin

FCA Proposes Lifting Ban on Crypto ETNs for UK Retail Investors

June 7, 2025
Crypto Suffers $1 Billion Flush As Musk-Trump Feud Shakes Bitcoin
Bitcoin

Crypto Suffers $1 Billion Flush As Musk-Trump Feud Shakes Bitcoin

June 7, 2025
Immutable Flips Ethereum In Daily NFT Sales Vol – InsideBitcoins
Bitcoin

Immutable Flips Ethereum In Daily NFT Sales Vol – InsideBitcoins

June 7, 2025
Brazil Defies Trump Tariff Threats, Backs Dollar-Free BRICS Trade
Bitcoin

Brazil Defies Trump Tariff Threats, Backs Dollar-Free BRICS Trade

June 7, 2025
Bitcoin 2025 Las Vegas: Here’s What Went Down
Bitcoin

Bitcoin 2025 Las Vegas: Here’s What Went Down

June 7, 2025
Next Post
OANDA Crypto Platform to Offer Crypto Trading in the UK

OANDA Crypto Platform to Offer Crypto Trading in the UK

Top Crypto Presales to Buy Now for Massive 10x Returns

Top Crypto Presales to Buy Now for Massive 10x Returns

South Africa Regulators to Unveil Document Categorizing Stablecoins as a ‘Particular Type of Crypto Asset’

South Africa Regulators to Unveil Document Categorizing Stablecoins as a ‘Particular Type of Crypto Asset’

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In