Fidelity's Director Envisions Bitcoin Market Cap Surging to $6 Trillion
Fidelity's Jurrien Timmer predicts Bitcoin's market cap could reach $6 trillion, fueled by its role as digital gold and store of value.
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Court approves SEC settlement with Genesis, paving way for $21M agreement
27/02 08:32
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- BTC transaction fees surged to $100 million last weekBullishBearish
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Gas Hero's NFT Trading Soars to $90 Million
Gas Hero, Find Satoshi Lab's web3 game, has seen an impressive $90 million in NFT trading within a month, featuring diverse collections and strategic incentives. Polygon Labs expresses optimism, highlighting Gas Hero's broad appeal and success as a key player in the evolving landscape of web3 gaming.
JoyBitcoin Liquidations Surge to $138 Million Amid Market Volatility
Bitcoin experiences substantial liquidations exceeding $138 million amidst increased market volatility. Long positions bear the brunt, with losses surpassing $120 million. The SEC-approved spot bitcoin ETFs contribute to a 7% decline in Bitcoin's value over 12 days. Analysts predict further declines below $40,000. BitMEX co-founder Arthur Hayes employs BTC puts at a $35,000 strike price for hedging. Annualized bitcoin volatility rises from 46% to over 52%. Almost $30 million worth of leveraged bitcoin positions liquidated, predominantly longs. Unrealized profits among bitcoin holders decrease from over 90% to just above 83%, reflecting growing sell pressure. In conclusion, Bitcoin faces challenges amid regulatory changes and cautious investor sentiment.
SanyaRevival in Blockchain Loans: A Surge to $582 Million
Blockchain Loans Double to $582 Million Amid Rising Interest Rates
KikyoPrivy's Series A Funding: Paradigm Leads with $18M
Privy, a startup specialising in blockchain-based tools, has successfully secured $18 million in its Series A funding round. Paradigm, the crypto-focused investment firm, took the lead in this funding initiative, signaling a growing interest in web3 advancements.
JasperPEPE Doubles Market Cap to $500M as Memecoins Take the Stage
The price of Pepecoin (PEPE), has surged dramatically, doubling its market cap to $500 million within a week while hitting 155,000 holders.
AaronBinance Prepares to Buy the Dip With $1 Billion – But Is It Enough?
Zhao claimed last week at a conference that there was much interest from industry leaders in a recovery fund.
BeincryptoAfter Bankruptcy, FTX User Claims Pay Cents on the Dollar
FTX filed for bankruptcy Friday; users’ funds stuck on the platform; one marketplace for distressed claims posted bids for a fraction of the original value of claims.
CoindeskBinance Tops Up Emergency Insurance Fund 'SAFU' to $1B
Binance token-related addresses were topped up with over $700 million in different tokens, while a bitcoin address was funded with $300 million.
CoindeskBlockchain.com Valuation Soars to $14 Billion After New Funding Round
Blockchain.com has raised an undisclosed amount of funding from global venture capital firms, bringing its valuation to a staggering $14 billion.
Cointelegraph