Trading App Giant Robinhood Adds Stablecoin US Dollar Coin (USDC) to Roster
Retail trading giant Robinhood just added top stablecoin USD Coin (USDC) to its list of supported digital assets as the platform sees reduced trading activities due to the crypto winter.
In a new announcement via Twitter, the company says that the second largest dollar-pegged stablecoin is now included in its trading roster, effective September 21st.
Retail trading giant Robinhood just added top stablecoin USD Coin (USDC) to its list of supported digital assets as the platform sees reduced trading activities due to the crypto winter.
In a new announcement via Twitter, the company says that the second largest dollar-pegged stablecoin is now included in its trading roster, effective September 21st.
CoinEx Supports the Dream of Every Common Man by Sponsoring Rugby League World Cup 2021
The Rugby League World Cup 2021 is held in the UK between 15 October and 19 November 2022. It is an honor for CoinEx to be a sponsor of the prestigious RLWC event and to have the opportunity to inspire rugby fans to begin their cryptocurrency trading journeys.
CoinEx & RLWC Exclusive Collaboration
The Rugby League World Cup 2021 is held in the UK between 15 October and 19 November 2022. It is an honor for CoinEx to be a sponsor of the prestigious RLWC event and to have the opportunity to inspire rugby fans to begin their cryptocurrency trading journeys.
CoinEx & RLWC Exclusive Collaboration
Russian President Putin Mulls Using Blockchain for Global Payments
The largest country by landmass is making pro-crypto steps amid crippling sanctions by the West.According to Putin, blockchain technology offers a payment system free from the ‘‘dictates of monopolists.’’Russian President Vladimir Putin has hinted at developing a system for global payments based on blockchain technology and cryptocurrencies. During the Sberbank-organized conference – The Artificial Intelligence Journey 2022 International AI and machine learning – Putin spoke in length about the matter.
‘‘The technology of digital currencies and blockchains can be used to create a new system of international settlements that will be much more convenient, absolutely safe for its users and, most importantly, will not depend on banks or interference by third countries,’’ Putin opined, possibly referring to the sanctions imposed on his country since Russia invaded Ukraine.
The largest country by landmass is making pro-crypto steps amid crippling sanctions by the West.According to Putin, blockchain technology offers a payment system free from the ‘‘dictates of monopolists.’’Russian President Vladimir Putin has hinted at developing a system for global payments based on blockchain technology and cryptocurrencies. During the Sberbank-organized conference – The Artificial Intelligence Journey 2022 International AI and machine learning – Putin spoke in length about the matter.
‘‘The technology of digital currencies and blockchains can be used to create a new system of international settlements that will be much more convenient, absolutely safe for its users and, most importantly, will not depend on banks or interference by third countries,’’ Putin opined, possibly referring to the sanctions imposed on his country since Russia invaded Ukraine.
Coinbase Adds Ethereum (ETH) DeFi NFT Token and Identity Verification Altcoin to Roadmap, Spurring Minor Rallies
San Francisco-based crypto exchange Coinbase is adding two altcoins to its listing roadmap.
Coinbase announces that the governance token of decentralized finance (DeFi)-based non-fungible token (NFT) gaming protocol Aavegotchi (GHST) and the native token of cross-chain identity aggregator Litentry (LIT) are now on the roadmap.
San Francisco-based crypto exchange Coinbase is adding two altcoins to its listing roadmap.
Coinbase announces that the governance token of decentralized finance (DeFi)-based non-fungible token (NFT) gaming protocol Aavegotchi (GHST) and the native token of cross-chain identity aggregator Litentry (LIT) are now on the roadmap.
Charles Hoskinson To Test Cardano’s New Wallet With $1,000,000 Worth Of ADA Experiment
Charles Hoskinson says he will test IOHK’s new Lace Wallet with $1,000,000 worth of ADA.He points to the recent LastPass hack as the key reason why several tests are required before wallets are open to users. In another development, Hoskinson refutes claims of disappointment over Gemini’s rejection of listing ADA.Cardano (ADA) has experienced an all-around growth this year from network security to non-fungible tokens (NFTs), and now its latest wallet has been rolled out for early adoption.
Cardano’s co-founder Charles Hoskinson says he is willing to place $1,000,000 worth of ADA in Input Output’s (IOHK) new digital asset wallet as security tests are still in progress. He expressed confidence in the Pretty Good Privacy (PGP) encryption of paper wallets and challenged users to hack it.
Charles Hoskinson says he will test IOHK’s new Lace Wallet with $1,000,000 worth of ADA.He points to the recent LastPass hack as the key reason why several tests are required before wallets are open to users. In another development, Hoskinson refutes claims of disappointment over Gemini’s rejection of listing ADA.Cardano (ADA) has experienced an all-around growth this year from network security to non-fungible tokens (NFTs), and now its latest wallet has been rolled out for early adoption.
Cardano’s co-founder Charles Hoskinson says he is willing to place $1,000,000 worth of ADA in Input Output’s (IOHK) new digital asset wallet as security tests are still in progress. He expressed confidence in the Pretty Good Privacy (PGP) encryption of paper wallets and challenged users to hack it.
ND Labs to Streamline Business Processes with NFT Development
In January 2023, ND Labs, an international blockchain consulting and development company with development offices in Poland and the US, announced the launch of NFT development services since NFTs are a modern tool that is rising in popularity.
According to Dmitry Khanevich, co-founder and CEO of ND Labs, “Many crypto enthusiasts, including us, have been searching for solutions to make essential business processes fully transparent and simplify the way users enter the crypto market. NFTs are the tool the crypto community has been looking for. Our team is ready to help crypto lovers and enterprises enter the crypto world by providing end-to-end NFT development services.”
In January 2023, ND Labs, an international blockchain consulting and development company with development offices in Poland and the US, announced the launch of NFT development services since NFTs are a modern tool that is rising in popularity.
According to Dmitry Khanevich, co-founder and CEO of ND Labs, “Many crypto enthusiasts, including us, have been searching for solutions to make essential business processes fully transparent and simplify the way users enter the crypto market. NFTs are the tool the crypto community has been looking for. Our team is ready to help crypto lovers and enterprises enter the crypto world by providing end-to-end NFT development services.”
Is P2E Meme Coin DigiToads Better Than DOGE?
Dogecoin, the meme-inspired cryptocurrency, has captured the attention of many in recent years. Its popularity soared when celebrities like Elon Musk started tweeting about it. However, the rise of Dogecoin has also brought attention to other meme tokens that offer more than just a fun name and cute dog mascot. One such token is DigiToads (TOADS), a utility meme coin that provides more benefits to its holders.
Visit DigiToads Website
Dogecoin, the meme-inspired cryptocurrency, has captured the attention of many in recent years. Its popularity soared when celebrities like Elon Musk started tweeting about it. However, the rise of Dogecoin has also brought attention to other meme tokens that offer more than just a fun name and cute dog mascot. One such token is DigiToads (TOADS), a utility meme coin that provides more benefits to its holders.
Visit DigiToads Website
DigiToads Reveals Its Upcoming Listing On Bitmart Exchange
DigiToads, a thrilling new Web3 platform, is elated to announce its upcoming listing on the BitMart exchange.
The listing is set to provide more liquidity and a broader audience for the DigiToads community. The announcement comes when the team is holding its presale that has already raised more than $1.35 million. The presale is set to conclude early next month.
DigiToads, a thrilling new Web3 platform, is elated to announce its upcoming listing on the BitMart exchange.
The listing is set to provide more liquidity and a broader audience for the DigiToads community. The announcement comes when the team is holding its presale that has already raised more than $1.35 million. The presale is set to conclude early next month.
Do Kwon’s $437K Bail Contested By Montenegro Prosecutors
Summary:
The State Prosecutor’s Office in the capital Podgorica filed an appeal contesting Do Kwon’s bail.A Basic Court approved a bail worth £400,000 ($437,000) for the TerraUSD creator Do Kwon and another Terraform executive Han Chang-Joon a day after their lawyers filed the request.Authorities from South Korea and the U.S. want to extradite Kwon for trial in Terra’s $40 billion collapse saga.The bail granted to TerraUSD creator Do Kwon and his fellow Terraform Labs executive Han Chang-Joon by a Basic Court in Montenegro was contested by local prosecutors nearly a week later.
On May 12, Kwon and Han’s lawyers secured approval from the court to release the defendants a day after the request was filed. A £400,000 ($437,000) bail for each defendant was issued, allowing both suspects to leave detention after making bail and enter home arrest pending further hearings.
Summary:
The State Prosecutor’s Office in the capital Podgorica filed an appeal contesting Do Kwon’s bail.A Basic Court approved a bail worth £400,000 ($437,000) for the TerraUSD creator Do Kwon and another Terraform executive Han Chang-Joon a day after their lawyers filed the request.Authorities from South Korea and the U.S. want to extradite Kwon for trial in Terra’s $40 billion collapse saga.The bail granted to TerraUSD creator Do Kwon and his fellow Terraform Labs executive Han Chang-Joon by a Basic Court in Montenegro was contested by local prosecutors nearly a week later.
On May 12, Kwon and Han’s lawyers secured approval from the court to release the defendants a day after the request was filed. A £400,000 ($437,000) bail for each defendant was issued, allowing both suspects to leave detention after making bail and enter home arrest pending further hearings.
Veteran Trader Says Bitcoin ‘Very, Very Clearly’ Choosing Path of Extended Bull Market – Here’s His Outlook
Seasoned trader Tone Vays believes that the recent Bitcoin (BTC) correction is setting up the crypto king for an extended bull cycle.
In a new strategy session, Vays tells his 123,000 YouTube subscribers that Bitcoin’s current consolidation is a signal that BTC is likely following a path that leads to an extended bull market.
Seasoned trader Tone Vays believes that the recent Bitcoin (BTC) correction is setting up the crypto king for an extended bull cycle.
In a new strategy session, Vays tells his 123,000 YouTube subscribers that Bitcoin’s current consolidation is a signal that BTC is likely following a path that leads to an extended bull market.
Fuck memecoins, says PSYCHO. Yep, you heard that right. Here's why it got our attention:
• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.
DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.
🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.
DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.
🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
Robert Kiyosaki Says More US Banks Are About To Fail, Warns One Mortgage Lender Is ‘On the Ropes’
Rich Dad Poor Dad author Robert Kiyosaki says that the crisis in the banking industry is far from over.
Kiyosaki tells his 2.4 million Twitter followers that he believes the California-based mortgage lender LoanDepot is likely on the verge of bankruptcy.
LoanDepot reportedly lost $610.40 million last year despite cutting 6,100 jobs.
Rich Dad Poor Dad author Robert Kiyosaki says that the crisis in the banking industry is far from over.
Kiyosaki tells his 2.4 million Twitter followers that he believes the California-based mortgage lender LoanDepot is likely on the verge of bankruptcy.
LoanDepot reportedly lost $610.40 million last year despite cutting 6,100 jobs.
BCH Ecosystem Fund Bolsters Cashtokens Ecosystem With $20 Million Investment
PRESS RELEASE. Dubai, July 24, 2023 – The BCH Ecosystem Fund has announced a significant $20 million investment in the Cashtokens ecosystem, following unanimous approval during the Bitcoin Cash (BCH) Network Upgrade on May 15, 2023. The Cashtokens protocol holds the potential to create a comprehensive UTXO ecosystem application.The BCH Ecosystem Fund, renowned for its commitment to pioneering advancements in the BCH space, seeks to foster cutting-edge innovations. Projects demonstrating clear Web3 innovation rationale and value capture potential, as well as assets enhancing BCH’s diversity with native, secure, and transparent attributes, are of particular interest. Additionally, the Fund is keen on applications, infrastructure, and gateways that elevate BCH’s reputation and usability, along with user-friendly solutions that drive business growth. The Fund is also intrigued by globally-consensus-building DAOs and applications leveraging the “mirror world” concept for technological and financial innovation.Director Peng Wang disclosed the BCH Ecosystem Fund’s bold $20 million investment in the Cashtokens ecosystem. Since 2018, the Fund has gained extensive experience investing in various BCH-related ventures, spanning wallets, exchanges, media, and gaming.The recent approval of the Cashtokens protocol in the BCH mainnet upgrade marks a strategic shift for the BCH Ecosystem Fund, which is now focusing on supporting Cashtokens-based initiatives. Peng emphasized Cashtokens’s role in enabling near Turing-complete smart contracts on the BCH Network, a milestone once considered infeasible for UTXO networks. Compared to existing solutions for token standardization on UTXO networks, Cashtokens offer superior user experience and smart contract capabilities, resolving prior issues faced by platforms like ETH.Peng envisions creating an “Image world” on the BCH Network, featuring an array of financial and decentralized applications supported by BCH as the foundational currency. Though in its early stages, the Cashtokens ecosystem has already shown promise with platforms like CRC20 and fex.cash. The market value of Cashtokens assets surpassing $200 million further fuels optimism for future development.For full interview, please read: http://www.gfinancialnet.com/sociology/749.htmlFor more information:BCH Belief: https://twitter.com/BCHbeliefCRC20 Deployment, Mint and Transfer: https://scaling.cash/About BCH Ecosystem Fund:The BCH Ecosystem Fund is a leading investor in groundbreaking projects within the Bitcoin Cash space. Established in 2018, the Fund focuses on driving innovation and supporting the growth of BCH and its related ecosystems. With a keen eye for transformative technology, the BCH Ecosystem Fund aims to be at the forefront of shaping the future of the cryptocurrency landscape.
PRESS RELEASE. Dubai, July 24, 2023 – The BCH Ecosystem Fund has announced a significant $20 million investment in the Cashtokens ecosystem, following unanimous approval during the Bitcoin Cash (BCH) Network Upgrade on May 15, 2023. The Cashtokens protocol holds the potential to create a comprehensive UTXO ecosystem application.The BCH Ecosystem Fund, renowned for its commitment to pioneering advancements in the BCH space, seeks to foster cutting-edge innovations. Projects demonstrating clear Web3 innovation rationale and value capture potential, as well as assets enhancing BCH’s diversity with native, secure, and transparent attributes, are of particular interest. Additionally, the Fund is keen on applications, infrastructure, and gateways that elevate BCH’s reputation and usability, along with user-friendly solutions that drive business growth. The Fund is also intrigued by globally-consensus-building DAOs and applications leveraging the “mirror world” concept for technological and financial innovation.Director Peng Wang disclosed the BCH Ecosystem Fund’s bold $20 million investment in the Cashtokens ecosystem. Since 2018, the Fund has gained extensive experience investing in various BCH-related ventures, spanning wallets, exchanges, media, and gaming.The recent approval of the Cashtokens protocol in the BCH mainnet upgrade marks a strategic shift for the BCH Ecosystem Fund, which is now focusing on supporting Cashtokens-based initiatives. Peng emphasized Cashtokens’s role in enabling near Turing-complete smart contracts on the BCH Network, a milestone once considered infeasible for UTXO networks. Compared to existing solutions for token standardization on UTXO networks, Cashtokens offer superior user experience and smart contract capabilities, resolving prior issues faced by platforms like ETH.Peng envisions creating an “Image world” on the BCH Network, featuring an array of financial and decentralized applications supported by BCH as the foundational currency. Though in its early stages, the Cashtokens ecosystem has already shown promise with platforms like CRC20 and fex.cash. The market value of Cashtokens assets surpassing $200 million further fuels optimism for future development.For full interview, please read: http://www.gfinancialnet.com/sociology/749.htmlFor more information:BCH Belief: https://twitter.com/BCHbeliefCRC20 Deployment, Mint and Transfer: https://scaling.cash/About BCH Ecosystem Fund:The BCH Ecosystem Fund is a leading investor in groundbreaking projects within the Bitcoin Cash space. Established in 2018, the Fund focuses on driving innovation and supporting the growth of BCH and its related ecosystems. With a keen eye for transformative technology, the BCH Ecosystem Fund aims to be at the forefront of shaping the future of the cryptocurrency landscape.
Instant Crypto Purchases via Credit/Debit Card are Made Possible by Connectee
A Card to Crypto acquiring has been made available by cryptocurrency exchange and wallet provider Connectee, enabling users to rapidly top up their cryptocurrency accounts using a Visa or Mastercard. This new service offers a frictionless fiat-to-crypto onramp by doing away with wire transfers and cumbersome account linking.
For owners of Connectee wallets in 21 different nations worldwide, the Card to Crypto service is now available. Users can swiftly purchase well-known cryptocurrencies like Bitcoin, Ethereum, and USDT with their pre-existing credit or debit card in a matter of seconds. 3DSecure methods are used to handle all card transactions securely for optimal security.
A Card to Crypto acquiring has been made available by cryptocurrency exchange and wallet provider Connectee, enabling users to rapidly top up their cryptocurrency accounts using a Visa or Mastercard. This new service offers a frictionless fiat-to-crypto onramp by doing away with wire transfers and cumbersome account linking.
For owners of Connectee wallets in 21 different nations worldwide, the Card to Crypto service is now available. Users can swiftly purchase well-known cryptocurrencies like Bitcoin, Ethereum, and USDT with their pre-existing credit or debit card in a matter of seconds. 3DSecure methods are used to handle all card transactions securely for optimal security.
Whales Triple Down on InQubeta, DOT, XLM amid Binance’s Social Media Conundrum
The crypto landscape is no stranger to high-stakes drama and paradigm shifts. From regulations to market fluctuations, stakeholders have come to expect the unexpected. However, there are instances where crypto giants inadvertently add to the chaos, often through poor communications. Binance, a leading entity in the crypto space, recently found itself in such a situation. But amidst these challenges, new ICOs like InQubeta are carving out a story of success, innovation, and consistency.
The crypto landscape is no stranger to high-stakes drama and paradigm shifts. From regulations to market fluctuations, stakeholders have come to expect the unexpected. However, there are instances where crypto giants inadvertently add to the chaos, often through poor communications. Binance, a leading entity in the crypto space, recently found itself in such a situation. But amidst these challenges, new ICOs like InQubeta are carving out a story of success, innovation, and consistency.
From Half a Million to 27K: Bitcoin’s Transaction Backlog Set to Clear for First Time in Four Months
It’s been a captivating four months since Bitcoin’s mempool last emptied, and with the recent downturn in Ordinal inscriptions this month, the backlog now holds a mere 27,210 unconfirmed transactions.
Bitcoin’s Transaction Backlog Nears End as Ordinal Inscriptions Wane
It’s been a captivating four months since Bitcoin’s mempool last emptied, and with the recent downturn in Ordinal inscriptions this month, the backlog now holds a mere 27,210 unconfirmed transactions.
Bitcoin’s Transaction Backlog Nears End as Ordinal Inscriptions Wane
FBS Shares Insights into the Appealing Strategies for Day Trading in 2023
Leading international trading platform FBS offers insights into the most promising stock day trading tactics for 2023. FBS presents recommended equities for day trading CFDs and describes the parameters for successful stock selection.
With over 20 percent of traders having tried this risky but potentially profitable strategy at least once, day trading, defined by quick decisions about buying and selling within a single trading day, has become increasingly popular. FBS, a worldwide broker with more than ten years of expertise in the financial markets, is dedicated to giving traders the information they require to make wise choices in the hectic trading environment.
Leading international trading platform FBS offers insights into the most promising stock day trading tactics for 2023. FBS presents recommended equities for day trading CFDs and describes the parameters for successful stock selection.
With over 20 percent of traders having tried this risky but potentially profitable strategy at least once, day trading, defined by quick decisions about buying and selling within a single trading day, has become increasingly popular. FBS, a worldwide broker with more than ten years of expertise in the financial markets, is dedicated to giving traders the information they require to make wise choices in the hectic trading environment.
Ripple Price Analysis: Bulls Remains Active Near $0.64
Ripple price is consolidating near $0.640 against the US Dollar, like Bitcoin. XRP price must stay above the $0.620 support to remain in a bullish zone.
Ripple Price AnalysisThis past week, Ripple price saw a decent increase above the $0.620 resistance against the US Dollar. The XRP/USD pair climbed above the $0.650 resistance to move into a positive zone.
The bulls even pumped the price above the $0.700 resistance. A high was formed near $0.7329 and the price recently corrected lower. There was a move below the $0.700 and $0.685 levels. The bears pushed the price below the 50% Fib retracement level of the upward move from the $0.5866 swing low to the $0.7329 high.
Ripple price is consolidating near $0.640 against the US Dollar, like Bitcoin. XRP price must stay above the $0.620 support to remain in a bullish zone.
Ripple Price AnalysisThis past week, Ripple price saw a decent increase above the $0.620 resistance against the US Dollar. The XRP/USD pair climbed above the $0.650 resistance to move into a positive zone.
The bulls even pumped the price above the $0.700 resistance. A high was formed near $0.7329 and the price recently corrected lower. There was a move below the $0.700 and $0.685 levels. The bears pushed the price below the 50% Fib retracement level of the upward move from the $0.5866 swing low to the $0.7329 high.
Real-World Asset (RWA) Tokenization Primed To ‘Drive the Blockchain Economy,’ Predicts Ripple CTO David Schwartz
David Schwartz thinks real-world asset (RWA) tokenization is primed to “drive the blockchain economy.”
Schwartz, Ripple’s chief technology officer (CTO), predicts that real estate and commodities will lead to RWA tokenization.
“Tokenized RWAs on XRP Ledger will enhance collateralized loans, improve interoperability, and attract institutional adoption, reshaping the financial sector. XRPL will be a leading blockchain enabling these use cases.”
David Schwartz thinks real-world asset (RWA) tokenization is primed to “drive the blockchain economy.”
Schwartz, Ripple’s chief technology officer (CTO), predicts that real estate and commodities will lead to RWA tokenization.
“Tokenized RWAs on XRP Ledger will enhance collateralized loans, improve interoperability, and attract institutional adoption, reshaping the financial sector. XRPL will be a leading blockchain enabling these use cases.”
Tesla Supercharging Stations Will Soon Accept Dogecoin Payments
In an exciting development for crypto enthusiasts and Tesla fans alike, Elon Musk’s latest venture is set to embrace the world of cryptocurrencies. Tesla’s upcoming Supercharging station in Hollywood is preparing to accept Dogecoin (DOGE) as a payment method, marking a significant milestone for this popular meme coin.
Dogecoin’s Rising UtilityInitially created as a lighthearted joke, Dogecoin has seen its utility and acceptance grow, particularly with the backing of influential figures like Elon Musk.
Integrating DOGE as a payment option at Tesla’s Supercharging station is not just a win for Dogecoin but also a testament to the evolving conditions of the crypto market.
In an exciting development for crypto enthusiasts and Tesla fans alike, Elon Musk’s latest venture is set to embrace the world of cryptocurrencies. Tesla’s upcoming Supercharging station in Hollywood is preparing to accept Dogecoin (DOGE) as a payment method, marking a significant milestone for this popular meme coin.
Dogecoin’s Rising UtilityInitially created as a lighthearted joke, Dogecoin has seen its utility and acceptance grow, particularly with the backing of influential figures like Elon Musk.
Integrating DOGE as a payment option at Tesla’s Supercharging station is not just a win for Dogecoin but also a testament to the evolving conditions of the crypto market.
Bitcoin Price Drops 7% Shortly After Setting A New Record High Above $69,000
The price of Bitcoin rocketed to a new all-time high on Tuesday, fueled by a new wave of investors pouring money into U.S. spot BTC exchange-traded funds (ETFs) and the forthcoming halving event. However, the excitement was short-lived as the largest digital asset by market cap has since dropped by over 7%, changing hands for just $62,705 at press time.
Bitcoin Crashes Below $65KBitcoin nosedived $6,000 on March 5 after hitting a fresh lifetime high of $69,322. Heavy selling pressure sent the top crypto to sub-$65,000.
As ZyCrypto reported earlier, BTC was momentarily valued at over $69K on America’s largest crypto exchange, Coinbase, exceeding the all-time high set during the 2021 bull market. As market pundit Samson Mow posited, this marked the first time that Bitcoin shattered a new record level before a miners’ reward halving event.
The price of Bitcoin rocketed to a new all-time high on Tuesday, fueled by a new wave of investors pouring money into U.S. spot BTC exchange-traded funds (ETFs) and the forthcoming halving event. However, the excitement was short-lived as the largest digital asset by market cap has since dropped by over 7%, changing hands for just $62,705 at press time.
Bitcoin Crashes Below $65KBitcoin nosedived $6,000 on March 5 after hitting a fresh lifetime high of $69,322. Heavy selling pressure sent the top crypto to sub-$65,000.
As ZyCrypto reported earlier, BTC was momentarily valued at over $69K on America’s largest crypto exchange, Coinbase, exceeding the all-time high set during the 2021 bull market. As market pundit Samson Mow posited, this marked the first time that Bitcoin shattered a new record level before a miners’ reward halving event.