🔈 Coinstore Crypto Weekly Insights (Mar 8th) 🔈

1️⃣ Bitcoin becomes the world's 13th largest currency:
Bitcoin exceeded US$69,000 and has recently surpassed the Swiss Franc (CHF) to become the world's 13th-largest currency, with a current market value of $1.2826 trillion, surpassing META Platforms and ranking as the ninth largest asset globally.

2️⃣ Ethereum ranks 21st among global mainstream assets:
Ethereum rose above $3,900 and the current market value was US$461.2 billion, surpassing luxury goods giant LVMH (US$458.7 billion) and ranking 21st among global mainstream assets.

3️⃣ WIF sets record high, ranking 66th on the cryptocurrency market capitalization list:
WIF has surged past $1, hitting a historical high, temporarily trading at $1.71, increased 38% over the week. WIF's total market value (≏US$1.685 billion) surpassed BONK (≏US$1.591 billion), and is currently ranked 66th in the cryptocurrency market value rankings.

4️⃣ SOL rose above $146.13:
SOL rose above $146.13, continuing to hit a new high since May 2022.

5️⃣OP rose to hit $4.60:
OP rose to $4.60, increased more than 17% over the week, setting a record high.

6️⃣ PEPE rises to hit $0.000007798:
PEPE rose to $0.000007985, setting another record high.

7️⃣ Bank of America & U.S. Bank offers Bitcoin spot ETFs:
Bank of America's Merrill Lynch department and Wells Fargo & Co.'s brokerage department are offering Bitcoin spot ETFs to wealth management clients since approval by the U.S. SEC.

8️⃣ Bitcoin spot ETF traded over US$10 billion:
The single-day trading volume of ten U.S. Bitcoin spot ETFs reached US$10 billion on March 5th, setting a new historical record since its release.

*The news provided originates from reputable sources including BlockBeats, Bloomberg, CoinGecko, OKX, and Foresight News.

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🔈 Coinstore Crypto Weekly Insights (Mar 15th) 🔈

🪙 Major coins:
🚩 Bitcoin Exceeded $73,000, Reached All-time High:
Bitcoin is now quoted at US$67,809, and the cumulative trading volume of U.S. Bitcoin spot ETFs exceeded US$100 billion.

🚩 Ethereum Overtakes Walmart Amid Dencun Upgrade:
Ethereum surpassed $4,000, now at $3,685, with a market value of $485.9 billion, ranking 19th globally, surpassing Walmart. Its mainnet reached the Dencun upgrade epoch on March 14th.

🔥 Trending tokens:
🚩 Tokens in the AI sector Hit Record Highs This Week:
Worldcoin (WLD) surged to $10.82; Arkham (ARKM) hit $3.74; Render (RNDR) peaked at $12.12; SingularityNET (AGIX) is at $1.36; Fetch. ai (FET) reached $2.97.

🚩 BRC-20 Tokens Lead with Impressive Gains:
This week, ORDI surged to $81.68, SATS increased to $0.0(6)7, RATS climbed to $0.000439, and MICE saw a remarkable increase to $0.0288.

🚩 Trending Tokens Reach New Highs with Widespread Gains:
Weekly update: BNB briefly exceeded $570, PEPE surpassed $0.00001, WIF surpassed $2.98, PYTH briefly exceeded $0.85, AR broke $41, SOL hit $169.35, and JUP surpassed $0.94.

🖥 Industry News:
🚩 South Africa to Issue Licenses to 60 Cryptocurrency Platforms:
South Africa plans to license about 60 cryptocurrency platforms by March's end, becoming one of the first African countries to require operating permits for digital asset exchanges.

🚩 U.S. Stocks Opened, Crypto-related Stocks Generally Rising:
U.S. stocks opened lower overall, but Coinbase (COIN.O), MicroStrategy (MSTR.O), and Marathon Digital (MARA.O) saw gains.

*The news provided originates from reputable sources including BlockBeats, Foresight News, OKX, and PANews.

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🔈 Coinstore Crypto Weekly Insights (Mar 22nd) 🔈

🪙 Major coins:
🚩 Bitcoin Has Overtaken Gold in Investors’ Portfolio Allocations:
Bitcoin ETFs now outperform gold in investor preference, with Bitcoin's portfolio allocation 3.7 times greater than gold's when adjusted for volatility.

🚩 Ethereum DEX Hits $2.85B, Tops List:
This week, Ethereum DEX topped with $2.85B, Solana followed at $2.389B, and BSC trailed at $1.7B in transaction volumes.

🔥 Trending tokens:
🚩 BOME Rose and Hit Record Highs:
The Meme token BOME on the Solana chain rose above $0.02689, hitting a record high this week. It is now quoted at $0.01673.

🚩 APT Reaches New High Since February 16th:
APT has broken through the 16 USDT mark, reaching a new high since February 16. The current price is 15.76 USDT.

🚩 ONDO Hit Record High:
ONDO rose above $0.80 to hit a record high of $0.8116, setting a new record high this week. It is now quoted at $0.7252.

🚩 SOL Market Cap Reaches Historic High:
The market capitalization of SOL has broken through the $90 billion mark, currently standing at $90.36 billion, setting a new historical record.

🖥 Industry News:
🚩 Binance Recognized by Taiwan for Collaborative Law-Enforcement Efforts:
Taiwan's Ministry recognizes Binance for fighting virtual asset fraud, the sole global exchange closely collaborating with local agencies, showcasing its commitment to compliance.

🚩 Fed's June Rate Cut Probability: <50% via Swap Market Pricing:
Traders are adjusting expectations for a June interest rate cut by the Federal Reserve due to higher-than-expected inflation, leading to decreased probability as inflation impacts policy decisions.

*The news provided originates from reputable sources including BlockBeats, CoinGecko & Foresight News.

🥂 For more updates, kindly follow our channel: https://t.me/coinstore_global

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🔈 Coinstore Crypto Weekly Insights (Mar 29th) 🔈

🪙 Major coins:
🚩 Bitcoin Surpasses All-Time High:
Bitcoin surged to a record high of $71,000, up 4.39% in the last 24 hours, but has since retreated to $70266.78.

🚩  Ethereum's Brief Dip:
Ethereum briefly dropped below $3,500, currently priced at $3,539.60, with a 2.96% decrease in the last 24 hours.

🔥 Trending tokens
🚩 Base Network's TVL Sets New Record:
Base Network TVL breaks $2.3 billion, hitting an all-time high.

🚩 ETHFI and WIF Hit Historic Highs:
ETHFI surged to $5.5, setting a historical peak. WIF hit a record high of $3.98 this morning, but has now fallen to $3.55.

🚩 Performance of Other Trending Tokens:
Tracking list for capital inflows into the Ethereum network is as follows：MATIC currently priced at $0.9968, with a 1.1% increase in the last 24 hours. CELL currently priced at $2,017.96, with an 8.36% increase in the last 24 hours. AMPL currently priced at $7.203, with a 2.28% decrease in the last 24 hours.

🖥 Industry News:
🚩CME Observations on Federal Reserve:
CME FedWatch: There is an 84.3% probability that the Fed will maintain interest rates in May. The Fed's Bosstick reiterated: Only one rate cut is expected this year.

*The news provided originates from reputable sources including BlockBeats, Foresight News, OKX, and PANews.

🥂 For more updates, kindly follow our channel: https://t.me/coinstore_global

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