Monday March 4, 2024

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Your Weekly Update On All Things Crypto

TL;DR

MACRO NEWS

Bitcoin Smashes Through $60K As Crypto Community Celebrates...


The ongoing upward trend exhibited by Bitcoin (BTC) may persist following a significant technical signal detected during the weekend, triggered by the flagship cryptocurrency experiencing a recent breakthrough of key resistance levels.


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Bitcoin Experiences Much Needed Comeback As Stocks Rise Once More...

Bitcoin has stabilized around the $62,000 mark following a significant surge in its price by over $10,000 during the past week. Meanwhile, alternative coins have resumed their upward trajectory, experiencing substantial gains via tokens such as DOGE, SHIB, BCH, UNI, ADA, among others.


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Vanguard May Change Stance On ETFs Following CEO Departure...



Vanguard Group CEO Tim Buckley is set to retire by the end of 2024, sparking discussions regarding potential shifts regarding the stance the company could take when it comes to Bitcoin ETFs under new leadership.


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Plutus V3 Finally Unveiled By Cardano...

Cardano (ADA) has introduced the eagerly awaited Plutus V3 engine, aiming to transform smart contract functionalities and foster developer creativity. Simultaneously, Pullix, a novel DeFi protocol, is preparing to list the PLX token on two exchanges following the conclusion of its presale.


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MicroStrategy Buys An Additional 3K BTC To Expand Its Treasury...


Despite reports indicating a breach of security on the X (formerly Twitter) account of MicroStrategy, the renowned enterprise software company based in Tysons Corner, Virginia, has once more bolstered its Bitcoin (BTC) reserves by acquiring an additional 3,000 BTC this month.


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Ethereum Enters Next Stage As Dencun Upgrade Gets Activated...


The Ethereum Foundation has announced the upcoming launch of the Dencun network upgrade on the Ethereum mainnet, following its successful activation on all testnets. Scheduled for March 13th, 2024, this upgrade mandates node operators and stakers to update their software.


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FUNDRAISING ANNOUNCEMENTS

Crypto Fundraising February 20 - 26...



It has been an incredible week for companies around the globe in terms of securing funding to fuel their growth and innovation. Here are some of the latest investment highlights between February 20th-26th,

  

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CONTENT OF THE WEEK

Bitcoin dips to start March after climbing 45% in February: CNBC Crypto World

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Make $28,000 Staking Crypto Coins In 2024

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Crypto News: Bitcoin Break Out, ETH, Circle, NVIDIA, WLD & MORE!!

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We at CryptoWeekly are not Financial Advisors. None of the content or opinions expressed in this newsletter should be considered financial advice. We highly recommend that you do your own research before investing in any project within or outside the cryptocurrency space.