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Crypto Leader Of The Year | The Crypto Leader of the Year award spotlights the individuals whose vision and leadership have significantly influenced the crypto space this year. These blockchain pioneers are helping to defeat the FUD and drive advancements in technology, adoption, and regulation throughout the global crypto industry. Our five nominees for the Crypto Leader Of The Year award are: | Watch our video for an in-depth look at the nominees & vote for the Crypto Leader Of The Year! | |
| Let's jump to our daily news recap! So what's new in crypto today? This week's crypto rally has us feeling like a contestant on a new game show - Crypto Price is Right! 🎤 Just yesterday, Bitcoin was hovering around $58K. We took our eyes off the charts for a few hours and next thing you know - BAM - Bitcoin blasted up to $64K out of nowhere! Now we've got FOMO in full swing as the Crypto Fear and Greed Index has hit 86 (an extreme greed mode). But what's fueling this new crypto price surge? Here is an analysis that can help you understand the factors! Bitcoin Above $60K: What's Driving this Surge? So, let's go through today's top crypto stories! Before we dive deeper, here is a TLDR: | - BTC blasts towards all-time high, smelling $68K once again 🚪
- DOGE howls at 14-Month High as memecoins follow BTC's lead 🐕
- TON tokens go parabolic after Telegram shares ad revenue 💰
- VanEck dips its toes into NFT waters with a new platform 🌊
- HashKey unlocks bigger crypto trading power in Singapore 🏦
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| | GLOBAL MARKET CAP | | 2.32T | ▲4.63% (24H) | | | 24H MARKET VOLUME | | $200.36B | ▲93.14% (24H) | | | BITCOIN'S DOMINANCE | | 52.93% | ▲0.62% (24H) | | |
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| Data as of: 29 Feb 2024 10 AM UTC |
| | BTC Knocks on All-Time High's Door 🚪 | Bitcoin is this close 🤏 to hitting its previous all-time highs with the next halving just around the corner. Earlier, BTC powered up to hit $64K for the first time since forever ago (aka 2021). The FOMO is real right now, thanks to a steady stream of megabucks flowing into Bitcoin ETFs lately. But then, in classic crypto fashion, Bitcoin flashed a 180 and crashed back down to $59K likely due to overleveraged positions getting liquidated. Still, at the time of writing, Bitcoin has clawed back near $62K - less than 11% away from its former glory days above $68K. According to experts, how long is it gonna take for Bitcoin to hit a new ATH? Read the full story! | |
| DOGE Howls at 14-Month High 👑 | It was only a matter of time. With Bitcoin breaking above $60K, DOGE just couldn't resist joining the party. DOGE went up 45% this past week, touching 12 cents per token for the first time since good ol' 2022. The OG meme coin rose to become the 9th biggest crypto by market cap, solidifying its place in the top 10 once again. Will DOGE's rally give a boost to other memecoins? Read the full story! | |
| Brace yourself, Telegram is about to make it rain...Toncoins that is! Telegram just revealed its plans to split ad profits with channel creators using TON. The announcement sent TON up 31% in under 60 minutes to hit $2.92. Here's the deal: starting Friday, channel owners get 50% of ad money earned on their content, paid out exclusively in TON. Telegram logs over a trillion (!!) views every month. That's trillion with a T! TON is clearly experiencing a real-world use case and bridging the gap between web2 and web3. Read how creators can claim these revenues! | |
| After successfully launching a Bitcoin ETF, this TradFi giant is going for NFTs. And they didn't just dip their toes here... Instead, VanEck went all in, partnering with other crypto projects to build a vault-like platform that makes sharing and securing NFTs way smoother. SegMint (the platform) uses this "Lock & Key Model" allowing collectors to store their NFTs like valuables in a safe deposit box. And the platform is giving out free NFTs too! How can you claim them? Read the full story! | |
| HashKey Unlocks Bigger Crypto Trading Powers | HashKey just scored a new payment license in Singapore, inching them towards becoming a true one-stop shop. The license removes previous restrictions for HashKey's OTC desk, letting them increase limits on transaction sizes and payment services. For context, HashKey OTC caters to big investors like financial institutions, serving up liquidity for spot trading 40 different digital assets. They also help connect all the fiat on-ramps so megabucks can easily flood into crypto when needed. This license could open the floodgates for institutional capital to flow into crypto markets in Asia. Read the full story! | |
| And that concludes our newsletter today. See you tomorrow with more crypto stories! | |
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