The price of Bitcoin surged to $53,000 today. Here are some reasons why.Source:www.trthaber.comOn Feb. 20, the Bitcoin price surged to a new high for 2024, reaching $53,019, but later experienced a sudden decline to $50,000 on certain exchanges. Traders attribute this price movement to ongoing spot

On February 20th, the Hong Kong Monetary Authority (HKMA) communicated with the heads of authorized institutions (AIs) regarding the tokenization and custody of digital assets through a series of guidance letters. These communications mark a significant step in the HKMA's efforts to regulate and sta

Microstrategy Founder: Bitcoin Should Not Be Sold, ETFs Pave Way for Institutional InvestmentMichael Saylor, founder of MicroStrategy, highlighted Bitcoin's market value surpassing $1 trillion, positioning it as a competitor to traditional assets like gold, real estate, and the S&P index. Despit

South Korea's ruling People Power Party is advocating for a two-year postponement of cryptocurrency gains taxes, aligning with its campaign pledges ahead of the April general election. The party stresses the need to establish a comprehensive regulatory framework for cryptocurrencies before introduci

The digital asset industry witnessed a remarkable inflow of $2.45 billion in the week ending Feb. 17, coupled with a surge in Bitcoin's price, leading to a resurgence in industry assets under management to $67.1 billion, akin to levels seen in December 2021. Source: mashable.comA significant portion

Trader Makes $13 Million Profit from Sale of 10 NFTs Acquired Three Years PriorDL News reported on February 20th that an anonymous NFT trader, known as OldSchoolCollection, earned a $13 million profit by selling 10 early Ethereum NFTs, Autoglyphs, initially purchased for $1.4 million in February 202

1. Market TrendFrom Feb. 15 to Feb. 18, the BTC price swung from $50,642.85 to $52,572.08, with a volatility of3.81%. The prior analysis report mentioned the following: operationally, it is advisable to purchase at low prices and wait for the market to turn around, embracing the new upward trend. Du

During the 181st Ethereum Core Developer Execution (ACDE) conference call, summarized by the Vice President of Research at Galaxy, Ethereum developers discussed the final stages of preparation for the Dencun mainnet upgrade and explored several Ethereum Improvement Proposals (EIPs). The conversation

Vitalik Buterin, one of the co-founders of Ethereum, recently expressed his optimism regarding the potential of artificial intelligence (AI) in identifying and addressing vulnerabilities within Ethereum's codebase.Source: www.ntv.com.trButerin highlighted the significance of AI-powered auditing in d

Bitcoin Network Sees Decline in Transactions and Fees Ahead of Upcoming HalvingSince January 28, 2024, the Bitcoin network has experienced a notable drop in daily transaction volume, decreasing from over 600,000 to under 300,000 transactions per day. This decline coincides with a reduced daily outpu