FEBRUARY 28, 2024
IMPORTANT DEVELOPMENTS:
1. Bitcoin (BTC) price has surpassed the psychological resistance of $60,000 and has seen the peak of recent years. Some experts stated that the bull market will continue with the effect of the halving event, while others stated that there may be a correction.
2. Spot Bitcoin ETFs hold more than 300,000 BTC. This shows the growing interest and confidence of cryptocurrency investors. BlackRock’s IBIT fund received an inflow of $520 million yesterday.
3. TRON (TRX) founder Justin Sun revealed his own wallet and announced that he owns more than 28,600 BTC worth $1.6 billion. With this move, Sun created controversy in the cryptocurrency community.
4. Vechain introduced its new platform, VeBetterDAO. The platform will allow users to vote and earn airdrops with B3TR and VOT3 tokens.
5. Altcoins such as Arveawe (AR), Pepe (PEPE), Gala (GALA), Injective (INJ) and Decentraland (MANA) experienced sharp price increases in parallel with the rise of BTC. Pepe in particular exploded after a long time. @Laraxen 🫶🏼 $PEPE $BTC $TRX #Bitcoin
