Crypto Today 9th Issue

Bitcoin ATH and Bear Returns with other news

By Yugocean | Crypto Today | 6 Mar 2024


Bitcoin played a clash as bears returned to hunt.

 

Bull vs Bear

 

New All Time High?

     Analysts claim that the price of Bitcoin reached $69k, an all-time high today. The known ATH of Bitcoin is $69044.77, which was set in November 2021, so merely reaching $69k is not a new ATH. Another Tracker Watcher Guru claims that the BTC price reached $69,150, setting a new ATH. Nevertheless, Coingeco monitors indicate that the highest price of BTC in the last 24 hours was $68,912.84.

 

Bears return to hunt

     The surge in Bitcoin's price may or may not have resulted in a new ATH, but it was immediately followed by a bear attack, which caused overconfident BTC to falter. The price track on Binance indicates that the price of Bitcoin had fallen to $59k; however, Coingeco tracking shows that the price of Bitcoin had fallen to $60,861.22 in the last 24 hours. Currently, Bitcoin is trading at the level of $65k (while posting this).


OTHER NEWS 


CEX

Binance

Protecting launch products :  Binance Launchpool/Launchpad products Portal, Pixel, and AXL are going down for some time, so Binance has offered a higher APR on Binance Earn for them.

DogWifHat (WIF) listed : Binance has listed Solana based memecoin $WIF, and also paired with BTC, FDUSD, USDT, TRY for trading. Listing time: March 5, 2 PM (UST).

Binance to discontinue Naira : Binance is discontinuing Nigerian Naira (NGN) services due to dispute with the Nigerian government. Users have time till 8th February 08:00 (UTC), to trade/convert or withdraw their Naira, after the deadline all Naira will be automatically converted to USDT.  

Coinbase 

  Coinbase crash :  Bitcoin detractors call BTC worth 0, coinbase actually presented such value, meanwhile BTC surges to heights. This was the result of coinbase crash.  


 

Whale

Michael Saylor 

  BTC Value : Saylor is promoting BTC by estimating its value in millions and presenting to the people in way of- BTC is still 'that' million less.

More Bitcoin Michael Saylor has arranged more $500m to buy more BTC, he is a legand who takes BTC non-stop.  


 

INTERNATIONAL 

Crypto for BRICS

     According to Russian diplomat and Kremlin advisor Yuri Ushakov, BRICS countries may issue blockchain-based currency for de-dollarization. Crypto analysts think that BRICS should accept Bitcoin because it has the potential to become an international currency.

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Yugocean
Yugocean

Judge me by my action. Personally everyone will do self praise,.


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