Demand for NFTs has been growing in recent weeks amid rising cryptocurrency prices, and Monday’s $16 million sale of a CryptoPunk—the fifth-most expensive NFT sale to date—put an exclamation point on that trend. But the top overall NFT marketplace over the last few days isn’t the same one that ruled the pile as recently as mid-February, as the tides of…
Month: March 2024
MicroStrategy Stock Surges 24% as Bitcoin Nears All-Time High Price
Bitcoin-loving software firm company MicroStrategy’s stock is through the roof as the biggest digital currency approaches a new all-time high. MicroStrategy—which trades on the Nasdaq under the ticker MSTR—was up nearly 24% when trading closed Monday. Shares are now priced at $1,334 a pop, the highest price seen in nearly two decades. Today, MicroStrategy announced that it plans to offer…
SEC Pushes Back BlackRock Spot Ethereum ETF Application—Again
The Securities and Exchange Commission has, for the second time, delayed decision-making on a proposed spot Ethereum ETF from investment giant BlackRock. The original application to create the iShares Ethereum Trust was submitted to the SEC in November, which the federal regulator delayed two months later, asserting the need for a “longer period within which to take action.” A new…
Marathon Mines Record-Breaking 4 MB Bitcoin Block Linked to Runestone Airdrop
During bitcoin’s extraordinary price peaks in March, this week saw the mining of the biggest block by byte size, with Marathon’s mining pool producing a 3.99 megabyte (MB) block. This block, labeled as 832,849, carried a message linked to the Runestone airdrop. Bitcoin Blockchain Witnesses Unprecedented 4 MB Block Over the recent weekend, Marathon, a […] Source: https://news.bitcoin.com/marathon-mines-record-breaking-4-mb-bitcoin-block-linked-to-runestone-airdrop/
Solana Weekly DeFi Trading Sets All-Time High Above $11 Billion
Trading volume on Solana-based decentralized exchanges (DEXs) blew past an all-time record this week, cementing the Ethereum rival’s place among the top beneficiaries of the crypto market’s current, steadily escalating bull run. Over the period of February 24 to March 2, more than $11.19 billion worth of digital assets were traded on Solana decentralized exchanges, according to data compiled by…
MicroStrategy Seeks to Raise $600 Million to Buy Even More Bitcoin
Software firm MicroStrategy announced Monday that it plans to offer a private sale of $600 million worth of convertible senior notes in order to purchase more Bitcoin and boost its BTC holdings even further, along with other corporate expenses. MicroStrategy holds the most Bitcoin of any public company, with 193,000 BTC—totaling more than $13 billion worth following Bitcoin’s recent price…
Coinbase Faces Repeat Zero Balance Glitch Amid Crypto Trading Fervor
While bitcoin reached a 2024 high on Monday, rising above the $67,000 per unit range, Coinbase suffered an issue again where customers were seeing zero balances. The news follows the issues Coinbase suffered on Feb. 28, 2024, when customers saw zero balances that day as well. Coinbase Users Encounter Zero Balance Bug Again Coinbase’s trading […] Source: https://news.bitcoin.com/coinbase-faces-repeat-zero-balance-glitch-amid-crypto-trading-fervor/
Bitcoin Ordinals Airdrop Nears as Runestone Project Inscribes Largest Blocks Ever
The Runestone airdrop appears to be imminent, with tweets from Bitcoin NFT Marketplace Magic Eden calling on enthusiasts to drop Runestone-themed designs on Monday. “Love this and looking forward to seeing what people create! Both the Runestone parent and child art are [Creative Commons licensed], so feel free to remix, et cetera,” pseudonymous NFT historian Leonidas explained. The Bitcoin ordinals…
Will BTC Price Break ATH in March? Green Bitcoin’s Presale Approaches $2 Million Milestone
The crypto market is witnessing a remarkable rally once again. While meme coins like DOGE, SHIB, PEPE, and BONK have been stealing the spotlight with their massive price pumps, Bitcoin has also put on an impressive performance, surging 5% today and breaking through the crucial $65,000 area ahead of the highly anticipated Bitcoin halving event […] Source: https://news.bitcoin.com/will-btc-price-break-ath-in-march-green-bitcoins-presale-approaches-2-million-milestone/
Ep71 – Decrypt
Ep71 FOMO HOUR #71 – BTC NEW ATH INBOUND? • Crypto market cap breaches $2.5T • BTC ATH in EUR & GBP • Fear & Greed index hits Extreme Greed of 82 • Blast breaks $2.6BN TVL • ETH burn running at 1% a year • CashApp appears to run out of BTC • Memecoins see 3000% increase in volume…