Key Points: The Crypto Fear and Greed Index hits 79, indicating extreme greed akin to the 2021 peak. Bitcoin has doubled in value over the past year, despite intermittent dips. The Crypto Fear and Greed Index, a gauge of market sentiment for cryptocurrencies like Bitcoin, has surged to 79 out of 100, marking a phase…
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A crypto user spent $113,000 in gas in an apparent attempt to snipe the launch of a new ERC-404 token, which pumped and dumped to zero just 35 minutes later. In typical bull-run fashion, a crypto user has just been spotted spending a staggering $113,000 in gas fees in an attempt to purchase $26,000 worth…
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Bitcoin last traded above $50,000 in December 2021 — more than two years ago. The crypto market looks very different this time around. Bitcoin ’s surge to $50,000 on Monday comes at a time of souped-up institutional demand, a possible pivot in interest rates, and incoming scarcity from the Bitcoin halving — a stark contrast…
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A new one-minute spot from Coinbase features an animated former U.S. President Abraham Lincoln on a penny pleading to be converted into digital form. Moving the United States dollar to a “well-designed blockchain” could make billions of “clunky” pennies in the country useful again, according to a new ad campaign from crypto exchange Coinbase. The…
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U.S. President Joe Biden’s laser-eyed social media posts after the Super Bowl are usually seen in online Bitcoin circles, but his meme wasn’t about the cryptocurrency. United States President Joe Biden has unintentionally made himself a Bitcoin ambassador after posting a laser-eye emblazoned picture of himself on his X and Instagram profiles. Captioned “just like…
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A market indicator is flashing that Bitcoin is now firmly in a “high risk” zone — a sign it could be in the early stages of a bull market, says Glassnode. On-chain indicators assessing Bitcoin’BTC) value have entered a “high-risk” zone and could mean the cryptocurrency is in the initial stages of a bull market,…
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Argentines are using secret peer-to-peer crypto exchanges to buy U.S. dollar stablecoins as inflation continues to soar. Argentines are using black market exchanges, known locally as “crypto caves,” to buy U.S. dollar stablecoins in a bid to escape strict currency controls and triple-digit inflation of the Argentine peso (ARS), and are reportedly shunning Bitcoin due…
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Key Points: Bitcoin halving, approaching with less than 10,000 blocks left, may impact prices. Scarcity increases as over 19 million of the 21 million Bitcoins have been mined. Attention shifts to halving’s historical price impact amid the limited influence of Bitcoin ETFs. As Bitcoin ETFs fail to attract a surge of new capital to the…
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Key Points: Ethereum Geth upgrade v1.13.12 was released ahead of the March 13 mainnet update, addressing the miner tip enforcement bug. Geth remains a leading Ethereum client, facilitating seamless interaction with the blockchain for developers, investors, and users. Ethereum Geth client software has rolled out a significant upgrade, introducing a plethora of new features and…
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The nine spot Bitcoin ETFs reached a significant milestone of $10 billion in assets under management on Feb. 9. The recently launched spot Bitcoin exchange-traded funds (ETFs) completed their first 20 trading sessions hitting the $10 billion milestone in assets under management (AUM). According to data from BitMEX Research, net flows for the nine ETFs…
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