📣 CRYPTO MARKET OVERVIEW February 27

Market stats

- Total market capitalization: $2162B

- Spot Volume (24H): $92.59B

- BTC.D: 52.79%

- Total liquidation amount in the last 24 hours: $245M

- Long/short ratio 24: 79% Short

- Number of traders liquidated: 68k

🗞Market news from the past 24 hours

➡️ MicroStrategy's social network accounts are being compromised. Hackers took control and posted fake information.

➡️ According to The Block's statistics, the total investment capital poured into the cryptocurrency industry exceeded the milestone of 90 billion USD, thanks to the return of cash flow from funds in February 2024.

➡️ Blockchain-based shooting game Shrapnel has identified many people trying “to gain an unfair advantage in matches” and warned of a permanent ban against any form of manipulation.

➡️ According to its latest annual report, Bitcoin mining company Riot Platforms said there is an ongoing chip shortage, a constant need to increase hash rate, and a deepening climate advocacy agenda in the United States. could affect their balance sheets.

➡️ Grayscale's Bitcoin ETF records lowest outflow since conversion

➡️ Blast ecosystem detects first apparent scam as 'RiskOnBlast' rug pull nets $1.3 million in Ether.

➡️ Frax Finance considers a reward mechanism similar to Uniswap for token stakers.

➡️ Carson Group, a registered investment advisory firm valued at $30 billion, recently announced that it is now offering clients the opportunity to gain exposure to spot Bitcoin for the first time.

➡️ The UK plans to recognize cryptocurrencies as property for legal protection