Leslie Jaramillo

@Vietnampluss This could be the breakout moment we've been waiting for. Exciting times ahead!

@vietnamoff Exciting to see such big moves in the crypto world recently!

@PicturesFoIder I think it's worth giving it a shot, you might find it interesting.

This is lowkey a waste of time

@Rainmaker1973 Wow, that must have been terrifying. Glad everyone made it out safely.

One of the most iconic escapes from a flood [📹 alfaife.905] twitter.com/i/status/17646…

@LaureenHaw68615 I hope the Coinbase issues get resolved quickly for everyone's sake.

Bitcoin Hits $64,000 Before Sharp Decline as Coinbase Encounters Issue The price of Bitcoin surged to a new high of $64,100 on the Coinbase exchange, marking a remarkable two-digit leap. However, BTC experienced a sharp decline afterward as Coinbase users reported issues with their account balances. Coinbase CEO Brian Armstrong noted that the exchange had recorded a significant surge in traffic, enhancing the system's stability. Bitcoin surpassed the $64,000 mark on Wednesday, February 28, reaching its highest level since October 2021. However, an unexpected event unfolded as a large volume of Bitcoin worth $100 million was liquidated on the market shortly after, causing a significant downturn. This sudden downturn coincided with reports from Coinbase users about issues with their account balances, resulting in balances displaying as $0. Coinbase's support team confirmed this issue and is currently investigating. Following a period of volatility, the price of Bitcoin is now fluctuating around the $60,000 mark. Nevertheless, with a steady uptrend in recent times, Bitcoin has surged nearly 50% in just 30 days, reaching its highest level in years. The main driving force behind this price increase is the influx of a significant amount of money into Bitcoin ETFs. SEC approval of these ETFs has paved the way for Bitcoin to surpass the $50,000 mark, and the rapid growth of ETFs this week has further bolstered momentum for Bitcoin. BlackRock's IBIT recorded a significant trading volume of up to $1.3 billion this week alone. Meanwhile, Bitcoin ETFs have already raised $2.6 billion in just half a day of trading, setting a new record. While the market predicts some volatility ahead of the halving event, Bitcoin remains resilient around the $60,000 mark, marking a positive phase for investors and cryptocurrency users alike.

@BriaVirgil18301 Exciting to see MATIC on the rise, $2 milestone is within reach!

MATIC: Heading Towards the $2 Milestone? In the cryptocurrency market, volatility is inevitable. With the development of Polygon (MATIC), the question arises: can this token reach the $2 mark in the near future? MATIC, in recent days, has shown signs of breaking out of the uptrend pattern, with the next target being to surpass the $2 threshold. Data from CoinMarketCap shows MATIC is currently trading around $1.05, with a market capitalization of over $10 billion. However, slow price action has also affected market sentiment. AMBCrypto has presented some important analyses of MATIC's situation. Data from Hyblock Capital shows that the token's liquidation level could increase significantly when it reaches the $1.08 mark. This implies that MATIC will have to overcome this hurdle to advance further. Although there have been positive signs with the uptrend pattern, market indicators are still not entirely clear. AMBCrypto has noted some indicators like Weighted Sentient are decreasing, indicating that the bearish sentiment still prevails. However, not all is negative. Recent tweets from Captain Faibik have shown optimism about MATIC's potential to break out of the triangle pattern, opening up the opportunity to reach the $2 milestone in the near future. To better understand MATIC's prospects, AMBCrypto has explored its daily chart. This data shows Polygon's high volatility, as reflected in the Bollinger Bands. The MACD also indicates the advantage of buyers in the market, while the Chaikin Money Flow (CMF) suggests the possibility of an uptrend. However, it's worth noting that the Relative Strength Index (RSI) has been declining, indicating that investors may have to wait longer to see MATIC reach $2. In conclusion, in the context of cryptocurrency market volatility and unpredictability, MATIC reaching the $2 mark is not only a challenge but also an opportunity for patient investors and careful evaluation.

@FantMelind29172 That's wild! But it's all part of the rollercoaster ride of crypto.

Record-Breaking Bitcoin ETF Activity Spurs Market Volatility The cryptocurrency market is witnessing intense fluctuations amid record-breaking Bitcoin ETF activity, with Bitcoin experiencing a severe price drop after reaching a new high for the year. According to CoinGecko, Bitcoin reached a local high of $63,637 on February 28, falling just 6% short of its previous all-time high. This marked the first time the leading cryptocurrency traded above $63,000 since October and November 2021. However, the market quickly rejected these new highs, with MacroCRG, a representative of Vertex Protocol, warning that $1.6 billion in open interest was wiped out from Bitcoin derivative instruments just 15 minutes after BTC peaked. CoinGlass data indicates that Bitcoin's current open interest stands at nearly $27 billion. BTC is currently trading at $62,930 after stabilizing in recent hours, including a 22% increase over the past 24 hours and a staggering 135% increase since hitting a local low of $26,840 in mid-October. Ether has also surged 18.5% over the past 24 hours, last trading at $3,473 - its highest level in nearly 23 months. ETH has risen 124% since dropping to $1,550 in mid-October, with many prominent analysts suggesting that Ether could become the second cryptocurrency offered through an exchange-traded fund (ETF) in the coming months. High Demand for Bitcoin ETFs Drives Price Momentum Bitcoin's remarkable market momentum continues to be driven by increased activity surrounding the launch of 10 Bitcoin ETFs in January, following months of anticipated price increases. According to data compiled by Eric Balchunas, a senior ETF analyst at Bloomberg, these funds posted their strongest daily trading volume on February 28, with shares worth $8 billion traded. The "nine newborns" - nine funds excluding the Grayscale Bitcoin Trust, which traded prior to converting to an ETF in January - held trades worth $6 billion, doubling the previous all-time high since February 26. BlackRock's IBIT ETF accounted for over half of the volume at $3.34 billion, followed by Grayscale's GBTC at $1.84 billion and Fidelity's FBTC at $1.44 billion. Bitcoin futures ETFs also contributed to trading volume of $2 billion. Daily inflows into Bitcoin ETFs also reached a new record of $637.4 million on February 28, with IBIT alone attracting $612.1 million, followed by FBTC with $245.2 million, according to data compiled by Bloomberg analyst James Seyffart. Outflows from Grayscale's GBTC surged 70% from the previous day to $216.4 million, while VanEck's Bitcoin Trust saw outflows of $3.4 million. Data compiled by HODL15Capital, an investor and analyst, shows that 10,050 BTC were accumulated on February 27 - eleven times the rate of new BTC issuance, which is around 900 BTC per day. ETFs currently hold over 300,000 BTC, or about 1.5% of Bitcoin's total supply. Ryan Adams, co-founder of Bankless, tweeted: "You have to hand it to the Bitcoiners, they said the banks would ultimately have to buy their bags." "They were right." RIAs Cautiously Embrace Bitcoin ETF Holdings The frenzy of Bitcoin accumulation by instant ETFs also comes as Registered Investment Advisers (RIAs) based in the US begin offering their clients access to these funds. Last week, Carson Group, a network of RIAs managing $30 billion in assets, greenlit 4 Bitcoin ETFs for its investors. A February 27 profile from Morgan Stanley suggests that the bank's European Opportunity Fund may be preparing to hold shares of Bitcoin ETFs, with the fund previously holding stakes in Grayscale's Bitcoin Trust before converting to an ETF. Morgan Stanley also confirmed that they will provide clients with asset management access to BTC through external cryptocurrency funds in their first-quarter earnings call in 2021. In January, Ric Edelman, founder of Edelman Financial Services, predicted that RIAs would invest $150 billion in instant Bitcoin ETFs over the next three years. Edelman said, "Our research shows that 77% of independent advisors plan to allocate an average of 2.5% of their clients' investment portfolios to Bitcoin ETFs." However, Edelman acknowledges that it will take time for many RIAs to begin allocating assets to Bitcoin ETFs. Edelman continues: "Companies need time to bring these new ETFs onto their platforms, and compliance departments need to establish usage policies for them." "All advisors need to be trained, as most are unfamiliar with blockchain technology and don't know how to explain Bitcoin to clients."

@felipa8193 Exciting times ahead for both Bitcoin and Memeinator's pre-sale phase!

Bitcoin Surges to $63,000 as Memeinator's Pre-Sale Phase 16 Nears Completion Bitcoin has surged to $63,000 for the first time since December 2021, coinciding with the imminent completion of Memeinator's pre-sale phase, which has already raised over $5.2 million. BTC Hits All-Time High of $63,000 Bitcoin, the world's leading cryptocurrency by market capitalization, has been performing exceptionally well since the beginning of the week. It has soared by 22% during this period, outperforming other major cryptocurrencies. BTC reached $63,700 on Wednesday, its highest level since December 2021. At the time of writing, the price of Bitcoin stands at $62,969, up 10% in the past 24 hours, edging closer to its all-time high of $69,000. What is Memeinator? Memeinator is a Web3 meme project still in its pre-sale phase. The project aims to provide services for content creators using memes. According to the official report on the Memeinator website, the development team has outlined a series of strategies to transform Memeinator into one of the leading meme coins in the cryptocurrency space. What makes this project intriguing is the proposed value it brings to investors and content creators. The project's launch as a meme coin is due to the team's intention to capitalize on the recent surge in trading volume and popularity of meme coins. The research team aims for Memeinator to achieve a $1 billion market capitalization, making it one of the top meme coins in the cryptocurrency space. What Makes Memeinator Unique? Memeinator offers utility in the real world for users, unlike most existing meme coins. Its main function is to eliminate worthless memes on the internet, allowing users access to quality memes. This ensures that Memeinator provides utility for users and benefits for token holders. Pre-Sale Success of Memeinator The Memeinator pre-sale program is currently in its 16th phase and has surpassed a significant milestone. The project has raised over $5.2 million and is close to reaching its $5.4 million target for the current phase. The original token, MMTR, was sold at $0.01 during the first pre-sale phase and is currently priced at $0.0233. The price will rise to $0.0485 at the end of the pre-sale, providing investors with an early ROI of 264% upon listing. Should You Invest in MMTR Before the Pre-Sale Ends? The Memeinator pre-sale is approaching completion as over 70% of the total tokens allocated for the ICO have been sold. The pre-sale of Memeinator is selling out rapidly due to the unique value proposition the project offers to investors. The project aims to become one of the top meme coins in the cryptocurrency space with widespread acceptance. With its unique value proposition for users, Memeinator has attracted content creators by allowing them to eliminate worthless memes. In addition, the MMTR token has several excellent features, including a deflationary mechanism and rewards for holders. The tokenomics show that 20% of the tokens are allocated for marketing activities, CEX listing, and liquidity. Conclusion Memeinator presents a unique value proposition for users and has the potential to become one of the top meme coins in the cryptocurrency space with appropriate levels of acceptance.

@gallo53172 That's great news for PIVX holders. Binance always comes through!

Binance Steps Up to Support PIVX Network Upgrade and Hard Fork Binance, one of the world's leading cryptocurrency exchanges, has announced plans to fully support the network upgrade and Hard Fork of PIVX (PIVX), a robust alternative coin within the blockchain ecosystem. In its latest announcement, Binance revealed the temporary suspension of deposits and withdrawals on the PIVX network, starting from 14:00 on February 29, 2024. This move aims to enhance user experience and facilitate a smooth transition for the PIVX network upgrade and Hard Fork. The network upgrade and Hard Fork are scheduled to occur at block height 4,281,680, estimated around 15:00 on the same day. While deposits and withdrawals will be temporarily suspended, token transactions on the PIVX network will continue as usual on the Binance platform. Binance pledges to ensure that all technical requirements related to the upgrade are carefully managed, and any user concerns will be promptly addressed. Once the network upgrade is completed and stabilized, deposits and withdrawals of PIVX tokens will resume. Binance will not issue any further announcements regarding this matter, demonstrating confidence that the upgrade process will be successfully executed. This proactive step by Binance underscores their commitment to providing seamless trading experiences and supporting the development of blockchain networks like PIVX. **Note:** This article does not constitute investment advice.

@LuiGi_GONZALZ_A Thanks for the heads up, safety first when it comes to our assets.

Important Security Warning for Shiba Inu Community: Safeguarding SHIB, BONE, and LEASH Assets The Shiba Inu community is facing new security challenges, making the protection of SHIB, BONE, and LEASH assets more crucial than ever. Investors and participants in the Shiba Inu ecosystem have been warned about crucial information to ensure the safety and security of their assets. A fraud alert from Shib Army, or @susbarium, a prominent account in detecting fraud and safeguarding the Shiba Inu community, has been issued. This warning emphasizes the presence of scams within the community and the need to be vigilant against them. Specifically, there are no longer any minting activities or Sheboshi compensation requests, and any websites claiming otherwise or offering airdrops may be scams. This is an important warning that investors need to heed to avoid unwanted risks. The launch of Sheboshis, a collection of 20,000 NFTs created by Shiba Inu, has also attracted community attention. Using the DN-404/ERC-404 standard, Sheboshis mark a significant step in the development of hybrid tokens, combining the benefits of ERC-20 and ERC-721 standards. This provides liquidity and partial ownership rights for the NFT space, creating a new opportunity for participants. However, after the initial launch, Sheboshis compensation requests encountered some issues. The first phase for initial Shiboshi NFT holders proceeded smoothly, but the second phase faced difficulties with opening up to LEASH token holders. Although there were plans for a third phase dedicated to the public minting company, this did not materialize due to the rapid sell-out of Sheboshis in the second phase. This highlights the need for caution and vigilance within the community, especially when facing scams and potential risks. Lastly, the unveiling of Sheboshis' faces has sparked excitement within the Shiba Inu community, and the recent listing of the SHEB token on multiple cryptocurrency platforms further underscores the ecosystem's development and the appeal of new projects within the community. In conclusion, security warnings and asset protection within the Shiba Inu community are extremely important. Participants should always remain vigilant and adhere to guidelines to avoid unwanted risks and ensure the safety of their assets.

@LuiGi_GONZALZ_A Glad to hear Coinbase is recovering. Scary situation for users.

Coinbase Recovers After Service Disruption Amid Reports of Zero Balances and Missing Cryptocurrency** Coinbase, one of the largest cryptocurrency exchanges, is bouncing back from technical glitches that left users unable to access their account balances amid a surge in Bitcoin prices, nearly reaching $64,000. The platform has announced that it has resumed normal operations after encountering technical difficulties, causing users to see zero balances in their accounts. The issue is believed to be caused by a surge in traffic following Bitcoin's brief spike to around $64,000 before retracing. Zero Balances on Coinbase On February 28, some Coinbase customers were met with an unpleasant surprise when they logged into the app and found their account balances showing zero. This issue sparked panic and confusion, with some users fearing a hack and their funds being stolen. However, Coinbase promptly responded to the issue, reassuring users that their funds were safe. According to CEO Brian Armstrong on X, the app's outage was due to "a surge in traffic." In a series of status updates on the Coinbase website, the company acknowledged the zero balance issue, also stating that there were problems with buying and selling. The exchange continues to report improvements in customer transactions, although it acknowledges that increased traffic may still cause "errors in receiving and some payment methods" for some customers. The latest update, posted at 1:05 PM Pacific Standard Time (PST), states: "We are beginning to see Coinbase.com activity normalize. We will continue to monitor our system and provide updates." Meanwhile, Armstrong, in a subsequent tweet, stated that the Coinbase app is "recovering," noting that the company has tested "a tenfold increase in traffic" but cautioned that the current situation exceeds the exchange's expectations. Recent Trading Frenzy The recent trading frenzy follows Bitcoin's surge to nearly $64,000, its highest level since November 2021. However, Bitcoin has slightly declined and is currently trading at over $61,000. Not the First Time While Coinbase's app activity appears to be returning to normal, the cryptocurrency community points out that the platform always experiences outages whenever Bitcoin prices surge. This is when some traders attempt to sell their assets to realize profits. In addition to Coinbase, other major cryptocurrency exchanges like Binance are also known to be facing technical issues amid the market's rapid rise. Meanwhile, with the upcoming Bitcoin halving event expected in April 2024, along with other factors, there has been some optimism about the market's largest cryptocurrency. Some analysts, investors, and traders have made price predictions for BTC, which could reach up to $21 million per Bitcoin.

@LaureenHaw68615 That's both exciting and terrifying. Can't wait to see what happens next!

"Baby AGI" Could Become Reality by Early 2025: SingularityNET Founder According to Ben Goertzel, "Baby AGI" could soon become a reality by early 2025, as a "comprehensive toolkit" for Artificial General Intelligence (AGI) seems to be getting closer. Ben Goertzel, the founder of SingularityNET, shared detailed plans at the beneficial AGI summit in Panama on February 27. He emphasized the creation of an initial prototype framework for AGI and committed that it wouldn't be controlled by corporations or governments, but rather serve humanity. AGI, or Artificial General Intelligence, is a theoretical concept of creating an AI system capable of completing any intellectual task that humans can perform. Goertzel's plan includes using open-source, decentralized infrastructure and governance, along with diverse AGI algorithms and legally sourced data management, to ensure global participation. Goertzel stated that this plan would strengthen everything being done in the SingularityNET ecosystem and described building a new decentralized AI infrastructure. While the network is designed to promote collaboration and diverse contributions to achieve AGI, Goertzel also highlighted his own OpenCog Hyperon project. Scheduled to be released as an Alpha version in April, Hyperon is described as a prototype AGI using its own programming language named Metta. Goertzel noted that to achieve "Baby AGI," they need to scale up the system massively from now until the end of the year. He believes that by early 2025, AGI could become a reality and supports Vitalik Buterin's approach to accelerated defensive development. Although AGI could bring many benefits, it also faces risks, from competition between nations to the ethical use of AGI. Ben Goertzel has issued cautious warnings and emphasized the need for balanced development, ensuring that AGI progress will truly benefit humanity.

@felipa8193 Wow, incredible milestone for Bitcoin and the overall crypto market!

Market Capitalization Reaches $2 Trillion as Bitcoin Surges Above $57,000 The cryptocurrency market has more than doubled in recent months, spearheaded by a remarkable surge in Bitcoin's value. The total market capitalization of the cryptocurrency market has surpassed $2 trillion for the first time since April 2022, driven by positive market sentiment and inflows into Bitcoin spot exchange-traded funds (ETFs). The price surge of Bitcoin has propelled the world's largest cryptocurrency by market capitalization to its highest level in years, reaching $57,513, while Ether (ETH) saw a 7% increase to settle at $3,270 at the time of writing. Other top altcoins are also flashing green, with Solana's SOL gaining 9% in the past 24 hours to reach $110. XRP, Cardano's ADA, and Avalanche's AVAX rose by 5.3%, 7%, and 6.5% respectively. Dogecoin, ranked 10th, experienced a double-digit increase, rising by 15% to $0.09779. According to CoinMarketCap, the combined efforts have reached a peak as the global cryptocurrency market value surged by 7.7%, reaching its highest level in 22 months at $2.14 trillion. To put it into perspective, the cryptocurrency market is now larger than Amazon by approximately $33 billion and larger than Alphabet, Google's parent company, by $42 billion. Cryptocurrency Market Doubles in Just a Few Months Cryptocurrency enthusiasts on X are quickly celebrating the return to the $2 trillion mark, with some, like The Kobeissi Letter, questioning whether "Bitcoin's all-time high is ahead." Commentators at The Kobeissi Letter noted that the total cryptocurrency market capitalization had "more than doubled from its recent low" of $978 billion reached on September 11, 2023. Independent technical analyst Crypto Damus discovered that the cryptocurrency market capitalization reached $2.06 trillion, suggesting it is approaching a significant resistance level. He shared the following chart with his over 36,000 followers on X, wondering what new price discoveries await as the market recovers 50% from its all-time high of $3 trillion. Famous market analyst Voice of Crypto posted a chart showing all major cryptocurrencies trading in green, considering the movement above $2 trillion in total market capitalization as "extraordinary." Positive Market Sentiment Supports Cryptocurrency Prices According to data from Alternative, the recovery market is based on increasing market sentiment, as the Fear & Greed Index shows "extreme greed" at 79 on February 27th. The last time this index was in the "extreme greed" zone was in November 2021 when the price of the leading cryptocurrency reached its all-time high of $69,000. During strong recovery periods, the index may remain in the "extreme greed" zone for an extended period. However, Alternative warns, "When investors become too greedy, it means the market is about to correct." Bitcoin Suisse market analyst shared a chart showing that market sentiment is also in the "extreme greed" zone at 79, indicating: The cryptocurrency market recovery is driven by capital inflows into cryptocurrency products. The widespread recovery in the cryptocurrency market is led by Bitcoin, which has seen strong demand for spot exchange-traded funds. Concurrently, outflows from Grayscale Bitcoin Trust (GBTC) reached an all-time low of $22 million. Data from Farside Investors shows that GBTC outflows slowed for the third consecutive day on February 26. Bitcoin ETF conversions ended the trading week on February 23 with net outflows of $44.2 million, then halved on February 26. According to CoinShares' report, Bitcoin investment products accounted for 99% of total cryptocurrency inflows last week. Bitcoin welcomed inflows worth $569.5 million, pushing the total assets under management to $67.5 billion globally. Additionally, Bitcoin ETFs continue to see inflows, totaling $5.5 billion since their market debut on January 11, according to Yahoo Finance data. Overall, cryptocurrency products have garnered $5.8 billion since they began trading, according to CoinShares. According to HODL15Capital's ETF analyst, Bitcoin ETFs are also rising in price alongside BTC, with BlackRock's iShares Bitcoin ETF ranked "#5 out of 3,400 ETFs and outperforming @Vanguard_Group's top ETF, $VOO".

@FantMelind29172 That's impressive growth for MicroStrategy, the future looks bright for them!

MicroStrategy Makes Timely Move in Halving Bitcoin Holding, Target Price $990: Benchmark** Benchmark has revealed that MicroStrategy's Bitcoin holdings have surpassed $11 billion, and the company's stock could see a price increase due to growing institutional demand for Bitcoin and the cryptocurrency's upcoming halving event. MicroStrategy stock is being "bought" with a target price of $990 as Bitcoin's price drops to $56,831. The company is preparing to capitalize on significant winds from institutional demand and the halving event in April, according to Benchmark, a leading investment bank. In a research report on February 27, senior analyst Mark Palmer of Benchmark wrote that MicroStrategy (MSTR) has provided investors with a timely play on the upcoming Bitcoin halving. The company's Bitcoin holdings have risen to over $11 billion. "Our price target for MSTR is based on our assumption that the price of Bitcoin will reach $125,000 by the end of 2025." Palmer predicts that MicroStrategy's stock price will also rise as demand for Bitcoin increases, driven by the new Bitcoin exchange-traded funds (ETFs) in the United States. On February 26, 10 US Bitcoin ETFs - excluding Grayscale's GBTC - witnessed significant inflows of $519 million and have now generated a total of over $6 billion in net inflows since launching on January 11. Additionally, Palmer sees the upcoming Bitcoin halving - currently scheduled for April 20 - as another reason to predict upward movement in MicroStrategy's stock. The Bitcoin halving refers to the halving of rewards for miners, cutting them in half. This reduces the future supply of new Bitcoins on the market and is widely seen by cryptocurrency market experts as a long-term price catalyst. He noted that Bitcoin's first halving in 2012 saw its price rise from around $12 to nearly $1,000, while after the halving in July 2016, Bitcoin rose from $650 to $2,250 over the following year. He further stated, "The halving in May 2020 preceded Bitcoin's sharp price increase from $8,572 to an all-time high of $67,566 in 2021." MicroStrategy uses a "leveraged operating strategy" - a tactic using borrowed capital and stock sales to pay for its Bitcoin holdings without incurring additional fees - to increase its direct exposure to Bitcoin, which Palmer believes will benefit the company if Bitcoin continues to appreciate. On February 26, MicroStrategy purchased an additional 3,000 Bitcoins, bringing its total holdings to 193,000 BTC - currently valued at just over $11 billion. MicroStrategy's stock price is currently at $871, up 9.4% on the day, according to TradingView. Meanwhile, Bitcoin is trading at $57,083 and has seen a 9.2% increase over the past week, largely due to strong institutional demand for cryptocurrency.

@BriaVirgil18301 Exciting news from Uniswap! Can't wait to see how this new wallet extension improves trading.

Uniswap Launches Web Wallet Extension and Introduces New User Rewards Proposal Uniswap, the leading decentralized exchange (DEX), has just officially released a web wallet extension for its native wallet, promising to bring a more flexible and convenient trading experience to the user community. According to the latest announcement on February 27th, a waiting list is now available for users who have confirmed their uni.eth usernames. Uniswap declares, "We will grant access to the Uniswap Beta Extension in the order of confirmed ownership of usernames." Similar to existing self-managed wallets like MetaMask, the Uniswap Wallet Extension will allow users to send, receive, buy, and exchange various tokens and altcoins directly from their web browsers. The uni.eth domain, based on the Ethereum Name Service, provides the ability to convert users' 0x addresses into memorable usernames. As of February 25th, over 100,000 uni.eth subdomains have been confirmed. In recent times, the price of the UNI token has surged by over 80%, largely due to a new proposal regarding protocol fee rewards for users. According to the proposal by Erin Koen, head of governance at the Uniswap Foundation, this upgrade will reward UNI holders who stake and delegate their tokens. On February 27th, Koen further stated in another post that this proposal will maintain the immutability of the Uniswap DEX, optimize security, and preserve its testing capabilities for the future. He wrote, "An additional benefit of maintaining immutability is eliminating the risk of errors and loss of users' funds in the future." "Discussions on this proposal are currently underway. Cointelegraph previously reported that Uniswap is set to launch the V4 DEX in the third quarter of 2024 following a major upgrade of Ethereum." The launch of the Uniswap web wallet extension and the introduction of new user rewards promise to usher in a new era for this decentralized trading platform, enabling users to experience trading more conveniently and securely.

@gallo53172 I hope investors recover from the losses, tough break for Serenity Shield.

Serenity Shield Token Plummets Nearly 99% Following MetaMask Wallet Breach The Serenity Shield token, once hailed as a "crypto legacy solution," has witnessed a staggering decline of almost 99% in its value after approximately 6.9 million SERSH tokens worth $5.6 million were reportedly siphoned off from one of the team's MetaMask wallets. In response to the breach, the Serenity Shield team has assured the community that they are actively working to restore liquidity to all new token contracts and will replace all liquidity lost due to the exploit. Serenity Shield confirmed the breach in a post dated February 27th, announcing to its community that they are temporarily halting all trading, deposits, and withdrawals of SERSH on centralized exchanges. The project stated that SERSH would relaunch with a new token contract, without disclosing a specific timeline. "This decision aligns with our commitment to responsibly protect the interests of the community and minimize exposure to security incidents," they wrote. In the same announcement, Serenity Shield stated that they are actively working to restore liquidity to all new smart contracts and will replace all liquidity lost due to the exploit. The exploit occurred at 9:11 AM UTC on February 27th, where 6.9 million SERSH tokens, valued at $0.82, were transferred from one of the project's MetaMask wallets to an unidentified third-party wallet. According to CoinGecko, the price of SERSH experienced a gradual decline over a 5-hour period before plummeting by 98% from $0.565 to $0.009 within just 5 minutes. SERSH partially recovered to $0.23 at the time of publication. Related: Axie Infinity Co-Founder Loses $9.7 Million in 3,248-ETH Wallet Hack The news was met with disapproval from some users, including "Hamster Altcoins," who claimed that the administrators of Serenity Shield's Telegram channel were muting critics. Users also criticized the project for storing funds in a hot wallet like MetaMask. Hot wallets, such as MetaMask, are connected to the internet for faster and easier access to decentralized financial protocols. They are considered less secure than cold wallets, which are physical devices used for offline storage of private keys. The SERSH token was launched less than ten weeks ago, on December 18th. The breach highlights the ongoing risks associated with decentralized finance and the importance of robust security measures to protect users' funds and maintain trust within the crypto community.

**The Difference Between Bitcoin and BTC ETF According to Michael Saylor** In a financially tumultuous world, Michael Saylor, the co-founder and chairman of MicroStrategy, continues to exude confidence and deep understanding of Bitcoin's potential. In a recent interview on Bloomberg Television, he shared his thoughts on the approval of Bitcoin ETFs and the potential impacts they may bring. Saylor cautioned that the approval of ETFs could weaken the decentralization aspect of the cryptocurrency space. While spot ETFs have opened the door for institutional capital to enter the Bitcoin world, their demand has outstripped the current supply. According to Saylor, spot ETFs are driving the digitalization of capital, with hundreds of millions of dollars being shifted from traditional financial ecosystems to the digital economy daily. However, he also acknowledges that this could erode the decentralization that Bitcoin provides. Despite challenges, MicroStrategy continues to accumulate more Bitcoin, even in the face of significant losses. Saylor sold personal stock options worth $216 million to invest further in Bitcoin. He emphasizes that Bitcoin is a strong retreat strategy and will become a trillion-dollar asset, on par with major companies like Apple, Google, and Microsoft. According to Saylor, Bitcoin is not only competing with gold but also with indices like the S&P and the real estate market. However, with technical superiority and time on its side, capital will continue to shift from traditional assets to Bitcoin, where true value resides.

Cryptocurrency Expert Notes Bitcoin Ready to Hit All-Time High Amid Unprecedented Wall Street FOMO After rebounding above the $50,000 mark, leading industry expert Anthony Pompliano believes Bitcoin is poised for a new historic price surge, driven by a significant imbalance in the supply of alpha cryptocurrencies and pent-up demand over a decade. According to Pompliano, Wall Street is buying more Bitcoin daily, over 12.5 times the amount that miners can produce, amidst an impending supply shock. Pomp: Wall Street Loves Bitcoin In an interview on CNBC's Squawk Box on February 12, titled "Bitcoin FOMO Storms Wall Street," Anthony "Pomp" Pompliano, co-founder of Morgan Creek Digital, declared that "Wall Street loves Bitcoin." The entrepreneur and cryptocurrency influencer noted that "they are buying more Bitcoin over 12.5 times a day than the amount that the network can produce." He pointed out BlackRock and Fidelity, two Wall Street giants actively purchasing Bitcoin to meet the surging demand for their Bitcoin-based ETF products. About 80% of the total Bitcoin supply hasn't moved in the past six months, Pompliano observed before emphasizing that only about $200 billion worth of Bitcoin can be traded, so these ETFs "have absorbed 5% of the total Bitcoin supply that can be traded in 30 days." The introduction of Bitcoin ETFs in January after a decade of rejections marks a significant turning point for the cryptocurrency industry. Investment vehicles provide traditional investors with an easy, managed way to access Bitcoin without directly buying and storing it. Bitcoin ETFs have achieved remarkable success just after four weeks of trading. Collectively, 10 newly launched ETFs have accumulated about 200,000 BTC holdings, worth a staggering $10 billion – led by BlackRock's iShares Bitcoin Trust, currently holding $4 billion worth of BTC. Fidelity's Bitcoin Wise Origin Fund ranks second with over $3.4 billion worth of managed BTC. These are impressive achievements for the new funds, bringing fresh strong momentum to the Bitcoin price. Notably, BTC has experienced an extraordinary recovery after the subdued price period in 2022 when Wall Street giants absorbed large amounts of cryptocurrencies. Pompliano believes institutional investments from Wall Street will drive Bitcoin in 2024. Pompliano believes Bitcoin could achieve stable price increases and surpass the current all-time high of $69,044.7, supported by buying demand from immediate Bitcoin ETFs and the scheduled BTC halving event in April 2024. As you know, there are only 21 million BTC in existence. Bitcoin's fixed supply suggests that skyrocketing demand will continue to push the asset's price higher. "That's pretty much guaranteed," the founder and partner of Pomp Investments asserted. As always, we cannot accurately predict where the Bitcoin price will go from here. Pomp's forecast isn't bulletproof. While we're eagerly anticipating the possibility of Bitcoin setting a new all-time high exceeding $69,000 this year, it's essential to remember that Bitcoin is known for its significant price volatility, and nothing is too far-fetched in the world of cryptocurrencies.

Unlocking the Debate: Ethereum's Potential Classification as a Security Prometheum is poised to revolutionize the cryptocurrency industry by offering custody services for Ether, potentially challenging the current non-security classification of Ethereum by the SEC. Prometheum's strategy involves providing custody services for Ether with the aim of complying with existing laws and potentially influencing regulatory bodies to reclassify Ether as a security. This stands in stark contrast to the SEC's current perspective on Ethereum. This strategic move could prompt the Securities and Exchange Commission (SEC) to reassess its stance on Ethereum, providing Prometheum with a competitive advantage in the market, as reported by Fortune. Another unique approach by Prometheum, a newcomer in the cryptocurrency industry, is seeking approval to operate an alternative trading platform and serving as a specialized broker-dealer for digital asset securities. This approach sets Prometheum apart from major cryptocurrency exchanges like Coinbase and Kraken, which are advocating for modifications to existing legal frameworks. Prometheum's plan to offer Ether custody services could compel the SEC to make legal determinations regarding Ethereum's status. Despite being controversial, this action demonstrates regulatory compliance. Therefore, Prometheum's success could redefine industry regulations, providing much-needed clarity. The vague stance of SEC Chairman Gary Gensler on this matter has stirred confusion. In a recent interview, Gensler hinted that Ethereum (ETH) could be categorized as a security, marking a departure from his previous viewpoint. Gensler emphasizes that most cryptocurrencies, excluding Bitcoin, are often developed by entrepreneurs using various mechanisms to market their tokens and attract investment, with hopes of profiting from others' efforts. According to Gensler, this aligns with the characteristics of securities, thus placing them within the SEC's regulatory purview. This perspective contradicts that of the Commodity Futures Trading Commission (CFTC). The evolving landscape surrounding Ethereum's classification underscores the complexities of regulatory oversight in the cryptocurrency space. As Prometheum and regulatory bodies continue to navigate this terrain, the future classification of Ethereum remains uncertain, but the dialogue surrounding its status as a security is certainly heating up.

Billionaire Mike Novogratz: Bright Prospects for the Cryptocurrency Industry In a recent forum at the Global Alts Conference, Ethereum (ETH) initial investor Mike Novogratz shared insights into the positive outlook for the cryptocurrency market, highlighting the strengthening conditions and shaping factors. According to Novogratz, price-increasing conditions are beginning to form for cryptocurrencies, sparking optimism for the digital asset market. He believes that many previously unknown risks in the cryptocurrency space have dissipated following the bear market and the associated incidents. Novogratz emphasizes that three factors are aligning to drive the cryptocurrency market, including clear expectations for regulation in the coming year or beyond, increasing anticipation that the Federal Reserve (Fed) will begin interest rate cuts, and the application of Bitcoin through exchange-traded funds (ETFs) in the market. He said: "We've eliminated a lot of risks in the tail end and created a tailwind together. Now you've got that spot 'What else is there really to help us continue?'" Novogratz remains optimistic about the prospects of cryptocurrencies, noting that "the US is still in regulatory gridlock, but optimism is still there with 11 months until the election." He believes that there will be bipartisan consensus on new legislation in the near future. Assessing the development of cryptocurrencies, Novogratz predicts that there will be regulations in the next 12-18 months, along with Fed interest rate cuts and the recent start of ETFs. He also notes that the ETF launch provides more time for investors to enter the market. In conclusion, Mike Novogratz's remarks demonstrate confidence in the positive prospects of the cryptocurrency market and affirm that there are countless opportunities for growth in the future.