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Bitcoin Crosses USD 72000 and other news

By Yugocean | Crypto Today | 12 Mar 2024


Bitcoin Crosses $72k

     Bitcoin is the only one which received 72 virgins, .... I mean Bitcoin has reached new all-time high, and is now playing at $71k-$72k level. This has boosted the crypto market.

 

   

Microstrategy and Michael Saylor with Bitcoin 

MicroStrategy Bitcoin Treasury 

     Michael Saylor's MSTR has acquired 12k bitcoins for $821.7 M, at an average price of$68,477 per BTC. MSTR currently HODLs 205k Bitcoins, which it purchased for $6.91 billion at an average price of $$33,706 per BTC. 

MSTR is Top

     MSTR now owns 205000 Bitcoins, it has now left BlackRock behind to become topper again. MSTR now only needs 5000 Bitcoins to own 1% of total Bitcoins.

Michael Saylor on Bitcoin

     This whale never misses a chance to praise BTC. This time, Saylor went ahead to say that investment in BTC is superior to gold, equity, or real estate. Saylor didn't say Bitcoin is digital gold; he simply said Bitcoin is "superior".  

 

US Presidential Election and Bitcoin 

Trump 4 Bitcoin

     Donald Trump also understands the power of Bitcoin. The influence of Bitcoin supporter Vivek Ramaswami has now been exposed on Trump. Trump has announced that he will not take action against Bitcoin. There are signs that Trump is accepting BTC payments for his business products.  

 

International Incident and Bitcoin 

Bukele is confident that Bitcoin will fix Haiti problem

     The Haiti gang war is troubling the world, especially the Caribbean and Central American region. Bukele has informed people that the same situation once existed in El Salvador and that such things are controllable. Everyone knows that Bukele has restored peace in El Salvador with the help of Bitcoin, which means that Bitcoin will also fix problems like Haiti.

 

 

OTHER NEWS

 

Ethereum Crossed 4k

     The Ethereum Dencun upgrade is scheduled on March 13, after which EIP-4844 will reduce L2 gas fees. Although Ethereum isn't popular these days, its bulls have also kept gaining slowly. ETH is also near a new ATH (its set ATH is $4.8k, made in November 2021).


Unibot vs Solana

     Unibot has decided to separate from Solana after Solana launched a blast bot named evm_unibot without prior permission. Unibot has asked Solana to change the name of the bot and pay a fee to Unibot holders, while also announcing plans to develop its own proprietary Solana bot with another partner.    


Bitcoin and Ethereum ETNs

     The London Stock Exchange has announced to accept listing applications for Bitcoin and Ethereum ETNs (Exchange Traded Notes) in the second quarter of 2024. ETNs are hard investments issued by Barclays Bank in 2006 that are available only to professional investors.    


Tether Billion Mining

     Last week the Tether treasury mined 5 billion USDT on the Tron and Ethereum blockchains, with 2 billion USDT of these mined on March 10 alone. Tether recently reached 1T USDT, but it is minting non-stop.  


 

International Incident

 

Mudrex to take US BTC ETF to India

     Bitcoin is discouraged by the government in India, but legaized US Bitcoin ETFs can be accessed. Crypto investment platform Mudrex, through a subsidiary registered with India's Department of Financial Investigation, will offer US Bitcoin ETFs from BlackRock, Fidelity, Franklin Templeton in India.    


 

NEW LISTING 


Binance lists $METIS

     Binance has listed $METIS, the token of L2 blockchain Metis, on March 11th. The market welcomed it, with the Metis token value gaining more than 50% in a moment after the announcement.

     
     

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Yugocean
Yugocean

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


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