Nigerian authorities detain #Binance executives amid allegations of #currency manipulation, aiming to stabilize the #naira.

Central Bank of Nigeria flags concerns over $26 billion transactions on Binance, alleging illicit financial activities.
https://coinpedia.org/news/binance-will-destroy-nigerias-economy-if-not-stopped-onanuga/

#XRP rebounds to $0.61 following #Ripple's $285 million buyback; notable whale transactions drive community interest. #crypto

#Bullish signals suggest XRP may rally towards $0.70 - $0.75; derivatives data and technical indicators support upward momentum.
https://coinpedia.org/news/whale-alert-61-99-million-xrp-on-the-move-is-0-75-coming/

Bitcoin has seen 4 leap years till Now!

Tracking Bitcoin's Leap Year Performance: Four Cycles of Price Shifts Highlight Cryptocurrency's Volatile Journey.'



#Decentralized #Cryptocurrency #Bitcoin #Finance #Halving #Coinpedia

🔵 #Bitcoin reached close to $64K, its highest since November 2021, but settled around $62,500.

🔵 Investors are excited about #BTCETF's, with over $7.7B in daily trading volume, fueling the recent rally.

🔵 Other top cryptos like #ETH, DOGE,#SOL #XRP & #LTC also saw significant gains.

🔵 #Memecoin #DOGE had the highest gain and #PEPE experienced the largest loss

🔵 The global #cryptomarket cap was $2.33 trillion at the time of writing, showing a 24-hour gain of 5.10%.

#Grayscale CEO urges SEC for #GBTC options, essential for #investors amid #Bitcoin's price rally. #cryptonews

Regulatory complexities challenge options approval despite Bitcoin's surging interest and Grayscale's advocacy efforts.
https://coinpedia.org/news/grayscale-seeks-sec-nod-for-bitcoin-etf-options-as-crypto-prices-rally/

#JPMorgan analysts: #Bitcoin surge attributed to retail interest, not upcoming #halving event's anticipation.

Retail investors outpace institutions, challenging traditional dynamics; post-halving, efficient miners expected to thrive.
https://coinpedia.org/news/bitcoin-price-correction-ahead-btc-price-poised-to-plunge-below-this-level-predicts-jp-morgan/

SEC raises concerns over #Terraform Labs' $166M payment to Dentons, alleging potential evasion of liabilities. #crypto

Terraform Labs' Chapter 11 #bankruptcy amid SEC fraud allegations prompts scrutiny over #financial maneuvers.
https://coinpedia.org/news/sec-raises-alarm-over-terraform-labs-166m-payment-to-dentons-amid-bankruptcy/

#Bitcoin surges 45% in February, maintaining gains for sixth consecutive month, defying market expectations.

#Ethereum also records significant increase, alongside blue-chip coins, as #BitcoinETFs witness unprecedented inflows.
https://coinpedia.org/news/bitcoin-price-is-up-45-in-feb-2024-best-performance-since-dec-2020-what-next-for-btc-price/

Renowned investor Lard Davis predicts $10 trillion #cryptomarket cap, with #Bitcoin at $250,000.

#Ethereum and #Solana projected to surge to $15,000 and $700 respectively, signaling significant market growth.
https://coinpedia.org/news/crypto-market-has-potential-to-hit-10-trillion-this-cycle-says-crypto-investor/

#Bitcoin surged 45% in February, fueling predictions of a #bullrun in the #cryptocurrency market.

Analyst Novogratz warns of high leverage, anticipates #EthereumETF approval, amidst Bitcoin's global record highs
https://coinpedia.org/news/bitcoin-btc-price-on-the-verge-of-dropping-to-mid-50k-predicts-michael-novogratz/

Hong Kong's SFC receives applications from 22 major players, including Crypto.com and OKX, for #crypto licenses.

SFC ceases #cryptoexchange license applications; non-compliant exchanges must close by May 31, 2024.
https://coinpedia.org/news/hong-kongs-sfc-tightens-crypto-market-with-new-licensing-regime-whats-next/

March sees significant token unlocks, including #SUI, #APT, #ARB, #APE, #MANTA, #IMX, #YGG, OP, and #PRIME. #crypto

#Altcoin market faces bearish pressures as significant token unlocks create liquidity dynamics and market fluctuations.
https://coinpedia.org/news/march-token-unlock-events-to-release-2-9billion-worth-of-token-altcoin-market-to-face-volatitly/

SEC requests one-week extension for briefing deadlines related to remedies in #Ripple legal battle.

Ripple may face penalties up to $150 million; #XRP price surges 6% amidst legal developments. #Crypto
https://coinpedia.org/news/ripple-vs-sec-here-are-key-dates-that-to-watch-which-will-change-the-course-of-this-trail/

🔵 #Bitcoin (BTC) dipped to $61,000 range but holding steady after rallying to $64,000 on Feb 29.

🔵 Other top #cryptos experienced minor losses:#Ethereum, #Dogecoin, #Solana, #Ripple, & #Litecoin.

🔵 Axelar AXL token saw the largest gain with a 24-hour jump of over 49 % & Mantle MNT experienced the biggest loss.

🔵 Global crypto market cap was $2.3 trillion at the time of writing, showing a 1.47 % decrease over 24 hours.

#FTX Derivatives Exchange issues notice, emphasizing exclusive partnership with #Galaxy Asset Management for solicitations.

Restructuring efforts ongoing, aiming to repay creditors; approval granted to shift $1 billion stake in Anthropic. #cryptonews
https://coinpedia.org/news/ftx-issues-warning-on-unauthorized-bid-solicitations-amid-bankruptcy-proceedings/

#MicroStrategy's account hacked, posting fake #airdrop links; $424,786 #crypto loss incurred. #cryptohack

Serenity Shield suffers $5.6M theft, token value plummets 99%; Seneca protocol recovers $5.3M.
https://coinpedia.org/news/from-fake-airdrops-to-rug-pulls-a-roundup-of-this-weeks-major-crypto-hacks/

Nigerian government denies $10 billion fine on #Binance, amidst broader #crypto crackdown and #regulatory challenges.

Binance expresses commitment to settle matters, denies allegations, amidst Nigerian #cryptomarket concerns and regulatory environment.
https://coinpedia.org/news/nigerian-government-refutes-10-billion-fine-speculation-on-binance-amid-crypto-crackdown/

Top #CryptoNews of Last Week

1️⃣ #BTC surged 5.25% on February 28th, exceeding $60,000, hitting a record high of 64K. February saw a nearly 45% increase.

2️⃣ In February, #Ethereum surged over 47%, hitting 3.4K on February 28th. It marked its sixth month of gains and its best since July 2022.

3️⃣#MicroStrategy bought 3,000 #bitcoins at $51,813/coin. By Feb 25, 2024, they held 193,000 bitcoins. #Saylor's wealth surged $700M.

4️⃣ Hong Kong's SFC CEO Anita ordered service providers to halt operations by May 31st without licenses. Deadline for virtual asset licenses passed on February 29th.

5️⃣President Nayib Bukele revealed #ElSalvador's #Bitcoin profits surpassing 40% with no plans to sell holdings. Acquisition cost: $44,292; 2,381 #bitcoins held.

6️⃣#SBF's lawyer seeks 63 to 78 months imprisonment, disputing fraud claims. SBF's diagnosed anhedonic depression considered for reduced sentence.

7️⃣After Nigeria banned cryptocurrency trading sites, executives were detained, and passports seized. Central Bank expressed concern over #Binance's operations.

8️⃣#Gemini returned $1.1 billion to customers post-settlement with NYDFS, addressing compliance lapses and reputational damage.

9️⃣ #DoKwon's potential extradition delays from Montenegro might make him miss the US civil trial against the SEC scheduled on March 25th.

#Dogwifhat (WIF) surged 300% in a week, hitting $1.25, yielding incredible returns. #cryptonews

One #investor turned $310 into $3.12 million during the rally, showcasing immense potential gains.
https://coinpedia.org/news/dogwifhat-wif-price-explodes-trader-turned-310-to-3-12-million-in-just-3-months/

#Shiba Inu (SHIB) anticipates an 800% rally, driven by burn rate surge and whale activity. #crypto

#Memecoin market witnesses bullish sentiment with #SHIB, #DOGE, and #WIF surges, hinting at potential gains.
https://coinpedia.org/news/shiba-inu-price-poised-for-800-surge-in-march-shib-price-massive-rally-on-horizon/

🔵 #Bitcoin (BTC) dipped to $61,000 range early Friday following its rally to $64,000 on February 29.

🔵 #Ethereum, #Dogecoin, #Solana, #Ripple, and #Litecoin saw minor losses.

🔵 FLOKI had the biggest gain, up over 90 percent in 24 hours.

🔵 Axelar was the biggest loser, down nearly 20 percent in 24 hours.

🔵 Global #cryptomarket cap was $2.28 trillion, down 0.18 percent in 24 hours.