Month: February 2024

Uniswap’s (UNI) 38% Advance Leads CoinDesk 20 Gainers; Bitcoin Price (BTC) Rises 5.2%

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Chainlink and Tron prices steady, DeeStream presale attracts Shiba Inu whale

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Chainlink (LINK) and TRON (TRX) turned in solid performances in February 2024, posting double-digit gains. However, even as Bitcoin (BTC) breaches $55,000, Chainlink and TRON have largely stabilized at their current ranges. On the other hand, an unidentified Shiba Inu (SHIB) whale has joined the scores of new registrants to presale crypto sensation DeeStream. The platform is building the first decentralized live streaming and video distribution protocol. Chainlink whales…

Justin Sun Reveals $1,622,357,100 Stash of Bitcoin (BTC) Sitting on Crypto Exchange HTX – Here’s Why

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Billionaire and founder of Tron (TRX) Justin Sun is revealing his Bitcoin (BTC) holdings on crypto exchange HTX. Sun tells his 3.5 million followers on the social media platform X that his HTX account holds 28,613 BTC, worth about $1.62 billion at time of writing. Sun is an advisor for HTX, formerly known as Huobi, and he says he is revealing his BTC holdings in response to critics saying he is not an active user of HTX. “My personal HTX account balance (just for those who are saying I’m not…

Jack Mallers’ Bitcoin Payments App Strike Expands Services to Africa

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Strike, developed by the Chicago-based startup Zap, is a mobile payment application similar to Cash App or Venmo but uses blockchain tech to send and receive money. The company, which started off in the U.S. and El Salvador, announced plans last year to expand to more than 65 countries, pushing into new markets including not just Africa but also Latin America, Asia and the Caribbean. Original

Bitcoin’s all-time high is in view after it breached $57,000: Analysts

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Bitcoin’s all-time high is in clear sight after the cryptocurrency surpassed $57,000 on Tuesday. The flagship crypto is now roughly 20% off its November 2021 all-time high of $68,982.20, and it just cleared a key resistance level, according to Fairlead Strategies. “The main thing to highlight is the confirmed breakout above $48,000, which targets final resistance [of about] $64,900,” said Will Tamplin, senior analyst at Fairlead. BTC.CM= 5D mountain Bitcoin this week confirmed a breakout above $48,000 Oppenheimer chart analyst Ari Wald confirmed that outlook. “Positive momentum for the price…

ADA Price Ready To Reclaim $3.1 All-Time High?

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Cardano (ADA) could be on the path to breaking new price levels in the coming weeks, as indicated by on-chain data and adoption growth. The creation of new wallets on the Cardano blockchain has seen multiple spikes on various days since the beginning of February, showing a potential influx of new money into Cardano. According to on-chain data, new addresses on the Cardano network spiked 89% between February 22 and February. Similarly, this metric witnessed a 248% surge earlier in the month between February 1 and February 2. Such a…

Riot Platforms, CleanSpark expand Bitcoin mining operations ahead of halving

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Riot Platforms has acquired 31,500 Bitcoin mining machines, and CleanSpark has completed the acquisition of three new facilities. The strategic acquisitions are part of a broader effort by crypto miners to enhance efficiency and prepare for the Bitcoin halving, which will reduce per-block rewards from 6.25 BTC to 3.125 BTC, putting financial pressure on the mining operations. Riot Platforms’ $97.4 million purchase from MicroBT is set to increase the hash rate capacity at its Rockdale, TX facility from 12.4 exahashes per second (EH/s) to 15.1 EH/s by July’s end. The…

Bitcoin Maximalist Forecasts ‘God Candle’ Formation Propelling BTC To $100,000

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Bitcoin (BTC) has witnessed a remarkable ascent, surpassing the $57,000 mark and recording a year-to-date surge of over 142%. The cryptocurrency’s market capitalization has also surged towards $1.14 billion, reaching levels not seen since December 2021. With the previous all-time high (ATH) of $69,000 within sight, the bullish sentiment surrounding Bitcoin is becoming increasingly evident. Setting Eyes On $100,000 And $200,000. Prominent Bitcoin maximalist Max Keiser, known for his optimism even during the harshest bear markets, has suggested the possibility of a “God Candle” scenario given the current market conditions.…