Bitcoin
Bitcoin Runs Into $50K Resistance as Sellers Step In on Binance, Coinbase
Bitcoin approached the $50,000 level Monday for the first time in more than two years, but selling pressure on exchanges stalled the advance. Source link
Month: February 2024
Market Analysis
LINK Price Goes for $25. NUGX Adds a Spin To Meme Coin Space
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Finance
Paypal’s PYUSD Stablecoin Central to Investment in Digital Finance Platform Mesh
Paypal Ventures, the venture capital division of Paypal, revealed this week its investment in Mesh, a financial technology startup focused on advancing digital payments. The investment entity emphasized that the capital injection was primarily allocated […]
Regulation
Hong Kong Securities Regulator Issues Warning to Unlicensed Virtual Asset Trading Platforms
The region’s securities regulator has said that Hong Kong crypto investors must only use or trade on approved virtual asset trading platforms. The regulator urged crypto investors using platforms not featured on its two lists […]
Blockchain
Monei Starts Conducting Euro Stablecoin Tests
European payment platform Monei has announced the start of the testing phase of EURM, a euro-pegged stablecoin, as part of the Bank of Spain’s national financial sandbox. The token will leverage Ethereum’s and Polygon’s blockchains, […]
Altcoin
Polymer Labs Secures $23 Million to Build Ethereum’s ‘Interoperability Hub’
Polymer Labs, the inter-blockchain communication (IBC)-based networking layer two (L2), recently disclosed that it had raised $23 million via a Series A funding round. Polymer said only Ethereum and all chains under the IBC control […]
Ethereum
ERC-404 Euphoria Push Ethereum Gas Fees To 8 Month High
The new ERC-404 tokens have swiftly taken the spotlight, dominating the cryptocurrency market and consistently attracting interest from investors and traders. This surge in euphoria has led to a substantial increase in Ethereum gas fees, […]
Bitcoin
Bitcoin Tops $49K as Spot ETF Inflows Accelerate
Bitcoin price approaches $49,000 Monday after strong spot bitcoin ETF inflows last week. Source link
Market Analysis
3 altcoins to watch this week: Polygon, Frax and Memeinator
Polygon (MATIC) rebranding to POL could be a bullish catalyst. Frax (FXS) is launching its layer-2 blockchain, potentially buoying price outlook. Memeinator (MMTR) presale has reached stage 15 as meme coin looks to dominate market […]
Finance
Invesco and Galaxy Slash Fees in Competitive Spot Bitcoin ETF Market
Responding to the fierce competition in the spot bitcoin ETF market, Invesco and Galaxy Asset Management have lowered the long term fee of their joint BTCO fund, positioning it more competitively against sector heavyweights. Invesco […]