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Customers of the US cryptocurrency exchange Coinbase found zero balances in their accounts on Wednesday as Bitcoin {{BTC}} made a giant rally and quickly wiped it out.
- The exchange stated on its website that it is investigating the matter.
“We are aware that some users may see a zero balance in their Coinbase accounts and experience errors when buying or selling,” it said.
- Bitcoin crossed the $60,000 mark for the first time since November 2021 and rose to $64,000 before falling back to $60,000#CoinbaseShares #Coinbase $BTC

Bitcoin costs more than 60 thousand dollars. Why is cryptocurrency growing rapidly?
On Wednesday, February 28, the Bitcoin rate exceeded 60 thousand dollars: this is the maximum since November 2021. The price of the main cryptocurrency at the top reached $60,663.93, which was a record value in more than two years. On the same day, Bitcoin rose further and crossed the $61,000 mark, but soon fell back slightly again. The historical maximum of the Bitcoin rate was reached on November 10, 2021, when it was worth 68.7 thousand dollars.

The Bitcoin rate has been growing actively for several days in a row

The rally has been continuing since mid-February: on the 12th, Bitcoin crossed the psychological mark of 50 thousand dollars, and in just over two weeks it grew by another 10 thousand. Overall, the value of Bitcoin has tripled since the beginning of 2022. BTC's capitalization now exceeds $1.16 trillion. The rate of the second cryptocurrency by capitalization - Ethereum (ETH) - also updated its annual maximum, “ether” is trading above $3,300 with a capitalization of more than 398#БиткоинНовости #btc #BTC75k #BTC/USDT. #Bitcoin‬ $BTC

Friends, don’t forget the great tokens that were unlocked in February ❄️🧵:
$DYDX - $91 million (February 1)
$SUI - $100 million (February 3)
$NYM - $14 million (February 3)
$GMT - $28 million (February 9)
$CGPT - $9 million (February 10)
$APT - $230 million (February 12)
$SEI - $85 million (February 15)
$MANTA - $51 million (February 18)
$ROSE - $19 million (February 18)
$ACE - $22 million (February 18)
$ML - $11 million (February 21)
$IMX - $70 million (February 23)
$ALT - $45 million (February 25)
$AXL - $25 million (February 27)
This chart provides information on upcoming major token unlocks in February. In addition to the total unlock amounts, the date of each event is indicated to help investors and market participants monitor changes and prepare for possible impacts on prices and trading.#Crisis #criptocoin #заработок
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Daniel Yang: “Bitcoin’s rise above $60,000 will lead to a correction

The co-founder of Matrixport warns crypto investors about a likely fall in digital asset prices amid euphoria from Bitcoin’s week-long rise. Daniel Yan states: greed has overcome fear, its index has reached a new critical level of 80%. According to a crypto expert, “extreme greed” warns of an imminent market correction, despite liquidity injections into Bitcoin ETFs and the price of the flagship cryptocurrency rising to $62,000.

Citing March macroeconomic uncertainty, Daniel Yang suggests there could be a market correction of around 15 to 20 percent by the end of April#Bitcoin$BTC

Inflow of money into ETFs
Spot exchange-traded funds for Bitcoin were initially highly anticipated by everyone, and based on these expectations, the value of the first cryptocurrency by capitalization grew. Then the approval by American officials and the launch happened. And, in fact, the correction lasted a month. But now there is a new round of activity: almost every day more and more new cash flows are pouring into ETFs.
In the week that began February 26, daily cash inflows into spot Bitcoin ETFs have already exceeded $500 million. According to the cryptocurrency trading platform Bitmex Research, on Monday the figure was $520 million, and on Tuesday it was even higher - $577 million.
The most successful is BlackRock's exchange-traded fund called the iShares Bitcoin ETF (IBIT). On February 27, the influx of funds into it alone amounted to $520 million, which became a record. IBIT's intraday trading volume reached $1.3 billion, which is comparable to the largest US companies by capitalization.#Bitcoin‬ #доллары
$BTC

The price of PEPE soared by almost 200% in a week

Over the past seven days, quotes for the meme cryptocurrency PEPE have increased by ~195%, Arkham experts noted. The coin is trading at around $0.000003.

According to CoinGecko, trading volumes in the asset have jumped sharply in recent days - to more than $1 billion per day.

Arkham specialists noted an influx of funds into cryptocurrency from major market players such as Binance, Uniswap, KuCoin and Wintermute.

In response to a remark about the market maker’s purchase of $3.5 million in meme coins, Wintermute CEO Evgeniy Gaevoy compared the asset’s price chart “to a dragon.”

According to Arkham, the largest PEPE holders include Binance (over $350 million), OKX (~$100 million), Bybit (~$55 million) and Crypto.com (~$30 million).

The total capitalization of the coin is about $1.4 billion. The asset rate is approximately 23% lower than the historical maximum recorded in May 2023.#PEPE‏ #USDTMarketcap $PEPE

Investment firm VanEck has launched SegMint, a platform for trading digital assets and NFTs, as well as a non-custodial wallet. The Block reports this.

At launch, SegMint will serve customers in Europe and Asia. Access is closed to US residents.

The platform is aimed at users familiar with blockchain who own NFTs or want to access them. Additional features include a multi-sig wallet and minting of non-fungible tokens. #NFT#VanEck #segmint

ETF boom and short liquidation: when to expect Bitcoin at $70,000

On Wednesday, February 28, 2024, Bitcoin crossed the $60,000 mark for the first time in more than three years. The last time BTC climbed this high was in November 2021. From February 26 to 28, the first cryptocurrency grew by 20%, reaching the threshold of $64,000. What will happen after the correction has begun?

An important reason for Bitcoin's growth may be the increased number of liquidations. If on February 25 their total number was $13.78 million, then starting from January 26 the figure has consistently exceeded $100 million (February 28 has not yet passed, but the day is not over yet). The ratio of long liquidations to short ones is interesting. The latter mostly predominate. On February 26, the volume of liquidations of short positions turned out to be more than eight times greater than long ones ($97.63 million versus $11.93 million). February 27 doubled ($95.02 million versus $45.48 million). And on February 28, more than seven times in an incomplete day ($74.9 million versus $10.23 million). This information is provided by the Coinglass portal.
#Bitcoin‬ #БиткоинНовости $BTC

Bitcoin exceeded $61,000. Ethereum soared above $3,300

On Wednesday, February 28, quotes of the first cryptocurrency exceeded the level of $58,000. At the time of writing, Bitcoin is trading at $58,500, having gained 4.1% over the past 24 hours.

The total market value exceeds $2 trillion (+3.8%). The dominance index of the first cryptocurrency is 48.6%, ETH - 17.6%.

The publication CoinDesk cited a message from the analytical company Swissblock. Experts noted that Bitcoin “broke out of the range it had been in since February 15.” They called the next level $57,000-58,000 - after that, in their opinion, new historical highs are expected.

“Momentum is building strongly. “All sails are raised,” analysts noted.
Previously, Matrixport allowed Bitcoin to rise to $63,000 in March. Experts include halving as catalysts.

Let us recall that in February, the head of the research department of IntoTheBlock, Lucas Outumuro, named five catalysts for the growth of Bitcoin above $70,000.#bitcoin $BTC

Tokens turn into luxury: 10 most expensive NFT works at auctions in 2021

The abbreviation NFT (non-fungible token) has become the word of the year according to Harper Collins. Today, the total volume of the NFT market, according to analysts, is $22–26 billion, but over the next 10 years it can grow 10 times

The main NFT sensation of the year is the work of digital artist Beeple (real name Mike Winkelmann) “The First Five Thousand Days.” The record sale for $69 million, which occurred at Christie’s on March 11, 2021, largely provoked a further boom in tokens and allowed the auction house to write its name in the history of pioneers in the development of NFTs. For the entire year, NFT sales brought the auction house about $150 million - a symbolic amount compared to the markets for old masters and antiques ($570 million), luxury goods ($980 million), not to mention the contemporary art market ($5 billion). Other notable lots included a hybrid NFT sculpture of Beeple called Human one, which went under the hammer for $28.9 million. Christie’s admits that NFTs help attract a younger audience to participate in the auction (the majority of bidders are under 42 years old).

TON grew by 30% after the announcement of payments for advertising on Telegram

Pavel Durov announced a financial reward for owners of Telegram channels for displaying advertisements.

Starting in March, the Telegram Ads platform will open to all advertisers in almost a hundred new countries. Local users will receive 50% of the income that the messenger earns from displaying advertising in their channels.

Payments will be made in TON cryptocurrency.

Durov noted that Telegram channels generate 1 trillion views monthly. However, only 10% of these views are monetized using the Telegram Ads tool.

To ensure fast and secure payments and withdrawals for advertising, we will use exclusively the TON blockchain. We will sell advertising and share revenues with channel owners on Toncoin,” wrote the founder of Telegram.

Users will be able to cash out the received coins or invest them in promoting and modernizing their channels.

As a result of the news, the price of TON jumped by 29.7% and at the time of writing is $2.8, according to CoinGecko. $