🔸️Ethereum | Bitcoin & Altcoin News

2024-03-13 20:20:00 Ethereum Dencun upgrade day triggers surge in layer 2 protocol token value

The imminent launch of the Ethereum Dencun upgrade at 14.00 UTC today, March 13, has sparked a notable surge in the prices of native tokens for layer-2 protocols, including Arbitrum, Polygon, and Optimism. According to CryptoSlate’s data, the sector has surged by approximately 5% in the last 24 hours, reaching a total market capitalization of $20.21 billion. This growth maintains a consistent upward trend of 10% observed throughout the week.

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2024-03-13 10:05:00 Spot bitcoin ETFs have been an ‘absurd’ success and blown away expectations in just two months

Spot bitcoin ETFs have only been trading for exactly two months, and they’ve already made a massive impact on the cryptocurrency industry. Whether it’s the amount of inflows, the number of bitcoin acquired or the high levels of trading volume, they have beaten predictions in every metric. At the same time, they have buoyed a bullish bitcoin-led market and revitalized the crypto industry.

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2024-03-12 23:55:31 Thailand allows asset firms to access spot bitcoin ETFs for professional investors: report

Thailand’s financial regulator has adjusted relevant regulations to allow investments in U.S. spot bitcoin exchange-traded funds (ETFs) for professional investors, according to local media. The Bangkok Post reported today that Thailand’s Securities and Exchange Commission has permitted asset management firms to launch funds for investing in U.S. spot bitcoin ETFs available for institutional investors.

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2024-03-12 11:12:00 Ethereum’s Dencun upgrade to launch in 2 days

Ethereum’s upcoming Dencun upgrade is set to ship on March 13 and is one of the most-anticipated hard forks since the Merge. Ethereum’s Dencun upgrade could be a milestone for layer-2 scaling solutions, as it is expected to significantly reduce the transaction fees of layer-2 networks and enhance Ethereum’s overall scalability.

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2024-03-11 20:35:28 MicroStrategy's bitcoin holdings reach 205,000 BTC with latest purchase, exceed BlackRock's ETF

Michael Saylor's MicroStrategy acquired around 12,000 more bitcoins for roughly $821.7 million in cash, increasing its total bitcoin holdings to 205,000 . This surpasses the holdings of the largest BlackRock's spot bitcoin exchange-traded fund, which stands at 197,943 BTC. MicroStrategy's latest acquisition took place from Feb. 26 to Mar. 10, 2024, at an average price of around $68,477 per bitcoin, including fees and expenses, the business intelligence company said Monday.

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2024-03-11 15:25:59 Sponge V2 is the next big meme coin by the original Sponge team with great utility including play to earn. Bridging from V1, it boasts a strong foundation with 11,300 holders. After V1's 10,000% surge, V2 aims for even higher.


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4. Check the staking V2 dashboard for your earnings. Open / Comment

2024-03-10 20:32:01 No ‘Flippening’ Expected, but Ethereum Poised to Outperform Bitcoin: VanEck Executive

The introduction of spot Bitcoin ETFs has attracted a fresh influx of investors, driving a notable increase in trading volume. This trend has generated a wave of optimism that extends beyond Bitcoin itself. But this hasn’t made the launch of a spot Ethereum ETF any earlier as the US Securities and Exchange Commission (SEC) is currently evaluating the possibility of such a fund. Despite the uncertainty, experts appear to be bullish on the trajectory of the world’s largest altcoin.

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2024-03-10 14:29:44 #Market Update:

BTC is currently above 69k level which is a bullish sign for the further bullish momentum BTC needs a weekly closure above it

The Next week Major events :
-US CPI tomorrow
-US PPI and Retail sales day after tomorrow

As we have a weekly closure tonight and major events coming so volatility is expected trade cautiously and must use Sl.

@ChartsSignalsTrading Open / Comment

2024-03-10 10:37:00 Over half a billion dollars in Ethereum has been burnt in the past month, ETH holders await Spot ETF approval

Ethereum price hit a new high of $4,012 for the first time since late December 2021, marking a key milestone for the altcoin ahead of its key upgrade. Ethereum holders are awaiting the upcoming Dencun upgrade, the most significant development since the altcoin’s migration to Proof-of-Stake. Ethereum had a major developmental milestone when it migrated from Proof-of-Work consensus mechanism to Proof-of-Stake, marked by the Merge.

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