Transaction fees on the Ethereum blockchain experienced a significant surge in the past 24 hours, coinciding with ETH’s price surpassing $3,700, marking a two-year high. This development comes amid the US Securities and Exchange Commission’s (SEC) delay in ruling on multiple pending spot ETH exchange-traded fund (ETF) applications. Ethereum’s price spike coincides with high network
The post Ethereum price hits two-year high as network fees soar, SEC stalls on ETF decision appeared first on CryptoSlate.

Quick Take MicroStrategy (MSTR), known for its significant bitcoin treasury, has experienced an impressive financial climb, concluding 24% higher after the March 4 close, placing its current trading value at $1,334. MSTR has experienced a remarkable 95% surge year-to-date, outpacing Bitcoin’s 52% appreciation in the same period. This performance, as reported by CompaniesMarketCap, escalates MSTR’s
The post From tech boom to Bitcoin era: MicroStrategy’s journey to a $20 billion market cap appeared first on CryptoSlate.

Bitcoin miner Argo Blockchain sold one of its sites to repay debt amid its declining BTC production last month. Argo sells site to repay debt In a Mar. 5 statement, the miner explained that it sold its Mirabel Facility in Quebec for $6.1 million. Following the sale, Argo allocated $4 million to settle debts owed
The post Bitcoin miner Argo Blockchain sells Quebec site for $6.1 million amidst declining BTC production appeared first on CryptoSlate.

Quick Take The Bitcoin derivatives market is witnessing explosive growth. Data from CoinGlass reveals that the Bitcoin open interest, measured by the total amount of funds committed to open futures contracts, has soared to 484,000 BTC, a peak not seen since August 2023. This marks a roughly 20% increase since the onset of February 2024.
The post CME dominates with record BTC futures contracts amidst market surge appeared first on CryptoSlate.

Bitcoin experienced a notable price adjustment, declining nearly 9% following its ascent to a record-setting pre-halving all-time high. The leading digital currency, which captured significant attention for its surge to $69,324, subsequently corrected to roughly $64,580 within an hour — illustrating the market’s volatility. Bitcoin price action has remained subdued under pressure, with the flagship
The post Bitcoin slides almost 9% to $63,150 after setting new ATH appeared first on CryptoSlate.

The Spot Bitcoin ETFs have played an elemental role in accelerating the bull run fever. With capital inflows…

In a remarkable display of bullish momentum, the Bitcoin (BTC) price has surged, nearly touching its all-time high of $69,044 set in November 2021. The cryptocurrency’s value climbed to an impressive $68,848 before facing a 5% correction, subsequently dropping to $64,200. However, the market swiftly recovered, with BTC trading above $67,000 once again. This surge

The Solana-based meme currency BONK made early investors turn into millionaires in less than two years. The ongoing…

In a rollercoaster of bullish activity, Dogecoin (DOGE), the leading memecoin in terms of market cap, has surged 150% over the past week and reached its November 2021 high. The rapid rise has propelled Dogecoin futures to reach a historic $1.5 billion in open interest. In December 2023, Dogecoin (DOGE)

As memecoins create a lot of positive noise, the digital-asset market has witnessed a frenzy of speculative trading, pushing some of the most unconventional cryptocurrencies to new record highs. Memecoins, known for their meme-like nature and often created as parodies or jokes, have captured the attention of retail investors looking to capitalize on their potential