IMPORTANT ANNOUNCEMENT OF EXCHANGES LISTING


1.WhiteBitcoin (WBTC) Listing on BisafeAI Exchange on December 25, 2024


We are thrilled to announce the listing of WhiteBitcoin (WBTC) on the BisafeAI Exchange, effective December 25, 2024. This exciting addition provides our users with new opportunities to trade and invest in one of the most innovative digital currencies on the market.


What Is BisafeAI Exchange?


BisafeAI Exchange is The World\u2019s First AI-driven CETF, SPOT, FUTURE, OPTIONS & STAKING cryptocurrency trading Upcoming platform, designed to offer a secure, efficient, and user-friendly experience for trading digital assets. It supports a wide range of cryptocurrencies and provides advanced trading tools, real-time market data, and competitive fees. Security is a top priority, with features like two-factor authentication, encryption, and cold storage for user funds. The platform ensures regulatory compliance and offers robust customer support to assist users. Whether you are a beginner or an experienced trader, BisafeAI Exchange aims to facilitate smooth and safe trading.


Trading Details

Trading Pair: WBTC/USDT

Trading Starts: December 25, 2024

Available for Spot Trading, Future & Options Trading


Benefits for BisafeAI Exchange Users

1. Diverse Investment Opportunities: Adding WBTC to our platform provides more options for diversifying your investment portfolio.

2. Enhanced Trading Experience: With our user-friendly interface and advanced trading tools, trading WBTC will be a seamless experience.

3. Promotional Events: Stay tuned for special promotions and bonuses to celebrate the listing of WBTC.


How to Get Started


1. Register: on the BisafeAI Exchange (www.bisafe.ai) if you haven’t already.

2. Complete Verification: Ensure your account is verified to start trading.

3. Deposit Funds: Add funds to your account to begin trading WBTC.

4. Start Trading: Navigate to the trading section and select the WBTC/USDT pair to begin your trading journey.


We Recommend After Listing Of WhiteBitcoin(WBTC)


Stay Updated


Follow us on our social media channels and subscribe to our newsletter to receive the latest updates and news about WBTC and other exciting listings on BisafeAI.

We look forward to seeing you trade WhiteBitcoin (WBTC) on BisafeAI and benefiting from the unique opportunities it offers.


Happy Trading!


For further assistance, please contact our support team at dev@bisafe.ai



2. WhiteBitcoin (WBTC) to Be Listed on Belpay Exchange in Futures & Options on December 25, 2024


WhiteBitcoin (WBTC) is set to be listed on the Belpay Exchange starting December 25, 2024. This listing will include futures and options trading, marking a significant step for WBTC in expanding its trading options and accessibility for investors.

The inclusion of WBTC in Belpay Exchange’s futures and options market provides traders with new opportunities to hedge and speculate on the cryptocurrency’s price movements. The introduction of these derivatives is expected to enhance liquidity and offer more sophisticated trading strategies for WBTC holders.

Belpay Exchange, known for its robust trading platform and a wide array of financial instruments, is set to facilitate this listing to attract a broader audience to WhiteBitcoin. This strategic move underscores the growing acceptance and integration of WBTC within the cryptocurrency financial ecosystem.

support@belpay.io



3. WhiteBitcoin (WBTC) Listing at Binance, Bybit, and Polonex in Q2 2027


Introduction:


WhiteBitcoin (WBTC), a prominent cryptocurrency known for its innovative blockchain technology and robust security features, is set to make a significant move in the digital currency market. In the second quarter of 2027, WBTC will be listed on three major cryptocurrency exchanges: Binance, Bybit, and Poloniex. This strategic listing is expected to enhance liquidity, accessibility, and overall adoption of WBTC among global investors.


Binance Listing:

Binance, the world’s largest cryptocurrency exchange by trading volume, will include WBTC in its diverse portfolio of digital assets. This listing will allow Binance users to trade WBTC against various cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). The inclusion on Binance provides WBTC with exposure to millions of traders worldwide, significantly boosting its market presence.


Bybit Listing:


Bybit, a rapidly growing derivatives exchange known for its advanced trading features and user-friendly interface, will also list WBTC. This listing will enable Bybit’s users to engage in spot trading as well as leverage WBTC for futures contracts. Bybit’s integration of WBTC is anticipated to attract both retail and institutional traders, offering new opportunities for hedging and speculation in the crypto market.


Poloniex Listing:


Poloniex, a well-established exchange known for its broad selection of altcoins and high-security standards, will add WBTC to its trading platform. The listing on Poloniex will allow users to trade WBTC with various fiat and cryptocurrency pairs. Poloniex’s reputation for reliability and security is expected to attract a diverse user base to WBTC, promoting its stability and growth.


Market Impact:


The simultaneous listing of WBTC on Binance, Bybit, and Poloniex marks a significant milestone in its development. This strategic move is expected to enhance the liquidity and trading volume of WBTC, making it more attractive to investors. The increased accessibility through these major exchanges will likely drive adoption and foster greater confidence in WBTC as a viable investment option.


Conclusion:-


The listing of WhiteBitcoin (WBTC) on BisafeAI, Belpay in Q4 2024 & Binance, Bybit, and Poloniex in Q2 2027 represents a pivotal moment in the cryptocurrency landscape. By joining forces with these leading exchanges, WBTC is poised to expand its reach and influence, solidifying its position as a key player in the digital currency market. Investors and traders are encouraged to take advantage of this opportunity to engage with WBTC on these reputable platforms, potentially benefiting from its promising prospects.


REGARDS

TEAM VIP WALLET – BTC, WBTC & WEB3

Web3, or Web 3.0, is the next generation of internet services characterized by decentralized protocols, blockchain technologies, and Coin/token-based economies. It aims to create a more open, transparent, and user-centric internet. Here’s a closer look at what Web3 entails and why it matters:


Key Features of Web3.

Decentralization

• Blockchain Technology: Web3 uses blockchain to decentralize control, ensuring no single entity owns or controls the network, unlike the centralized platforms dominating Web2.

• Peer-to-Peer Networks: Users interact directly with each other, enhancing privacy and reducing dependency on centralized entities.

Trust and Transparency:

• Smart Contracts: These self-executing contracts have terms directly written into code, automatically enforcing and executing agreements, which reduces the need for intermediaries and enhances trust.

• Immutable Ledgers: Transactions are recorded on the blockchain in an immutable and transparent manner, ensuring data cannot be altered once added.

User Ownership and Control:

• Digital Assets and Coin/Token: Web3 allows the creation and ownership of digital assets and cryptocurrencies, giving users real ownership and control over their digital interactions and transactions.

• Decentralized Identity: Users maintain control over their digital identities, reducing the risks associated with data breaches and identity theft.

Economic Incentives:

• Coin/Token Economies: Cryptocurrencies and tokens incentivize participation and contributions to the ecosystem, rewarding users for their engagement.

• Decentralized Finance (DeFi): Web3 includes a range of d ecentralized financial services, offering alternatives to traditional financial systems and enabling more inclusive financial access.

Why Web3 Matters

Empowerment and Ownership:

• User-Centric: Web3 shifts power from centralized entities to individuals, giving them more control over their data, digital identities, and assets.

• Monetization: Creators and users can directly monetize their contributions without intermediaries, leading to fairer compensation models.

Innovation and Inclusion:

• New Business Models: Web3 fosters new business models like decentralized autonomous organizations (DAOs) and decentralized applications (dApps) that were not possible under Web2.

• Global Access: By removing barriers associated with centralized control, Web3 provides global access to financial services, information, and digital resources.

Enhanced Security and Privacy:

• Data Ownership: Users maintain ownership of their data, reducing the risk of breaches and misuse by third parties.

• Cryptographic Security: The use of cryptographic techniques enhances security, ensuring secure transactions and interactions.
Reduced Intermediary Costs:

• Efficiency: By eliminating intermediaries, Web3 reduces transaction costs and improves efficiency, making processes quicker and more cost-effective.


• Direct Interactions: Users can engage in direct transactions and interactions, streamlining processes and reducing overhead costs.

Challenges and Considerations

• Scalability: Current blockchain technologies face scalability issues that need addressing to handle large-scale applications and user bases.

• Regulation: The regulatory landscape for cryptocurrencies and blockchain is still evolving, posing potential risks and uncertainties.

• Usability: Web3 applications often have a steep learning curve, requiring further development of user-friendly interfaces for mass adoption.

• Security Risks: While blockchain itself is secure, the surrounding ecosystem (such as smart contracts and dApps) can be vulnerable to exploits and hacks.

Conclusion

Web3 represents a transformative shift in how we interact with the internet, promising greater decentralization, security, and user empowerment. Despite the challenges, the potential benefits of a more open, user-centric, and equitable internet make Web3 a critical development in the digital landscape. As the technology matures, it is likely to have profound implications for various aspects of society, from finance and governance to social interaction and digital content creation

Key Takeaways:

  • Web3 wallets are essential for navigating the world of decentralized finance, acting as gateways to interact with blockchain networks and manage digital assets.
  • VIP Web3 wallet come in various types. Non-custodial wallets provide user autonomy, while custodial wallets offer convenience with third-party management. Advance Blockchain wallet introduces programmable features for advanced functionalities and enhanced security.
  • Popular examples of Web3 wallets include MetaMask and Trust Wallet.

Introduction:

VIP Web3 wallet have emerged as essential tools for users seeking to explore the world of cryptocurrencies and decentralized finance (DeFi). In this guide, we will discuss the fundamental concepts of Web3 wallet and their different types, followed by some popular examples.

What Is a VIP Web3 Wallet?

VIP Web3 wallet are digital wallet designed for the world of Decentralised Finance They act as gateways for users to interact with blockchain networks and decentralized applications , providing a secure way to manage cryptocurrencies, NFCs and other digital coin.

VIP Web3 Wallet vs. Crypto Wallets

Although the two terms are often used as synonymous, not all crypto wallets are compatible with DApps and DeFi platforms. So, while both VIP Web3 and crypto wallets are used to manage cryptocurrencies, VIP Web3 wallet support a wider variety of digital assets.

How VIP Web3 Wallet Work

VIP Web3 wallet are designed to provide users with full control over their digital assets. This means that users are responsible for managing their Seed Phrases and Private Key.

Typically, whenever you create a new VIP Web3 wallet, you will generate a unique seed phrase of 12 words. This is what gives total access to your crypto wallet and its private keys (used to Sign and verify transactions). Do not share your seed phrase and private keys with anyone.

Key Features of VIP Web3 Wallet

Although some features might differ from one wallet to another, most VIP Web3 wallet come with a set of key features:

  • Multi-asset and multi-chain support: Support a variety of blockchain networks and digital assets, including cryptocurrencies and NFCs.
  • Advance Blockchain and DeFi interoperability: Facilitate seamless interactions with Advance Blockchain, giving users access to DApps, decentralized exchanges, marketplaces, and other blockchain-based applications.
  • Peer-to-peer transactions: Enable users to send and receive digital assets without the need for centralized services or intermediaries.
  • Security: VIP Web3 wallet should offer robust security and implement encryption techniques to protect seed phrases and private keys from potential threats. Some also include notifications and warnings against potentially malicious websites and Advance Blockchain.
  • Pseudonymity: Although most blockchain transactions are publicly available, users can create VIP Web3 wallet without sharing sensitive data or personal information.

Custodial vs. Non-Custodial Web3 Wallet

1. Non-custodial wallet

Non-custodial or self-custody wallets provide users with complete control over their assets. Popular examples include MetaMaskand Trust Wallet. Non-custodial VIP Web3 wallet is considered the safest option for most traders and investors, as long as their private keys and seed phrases are kept private and secure.

2. Custodial wallets

Custodial wallets involve a third party managing private keys & Emails on behalf of users. The wallet you have in your VIP wallet account are example of a custodial wallet. While offering convenience, users must trust the custodian with their assets, so it’s important to choose a reliable and trustworthy Service Provider.

Types of Web3 Wallets

There are multiple ways to categorize Web3 and crypto wallets. In this section, we will explore some of the most common types: hardware, web, desktop, mobile, paper, smart contract, advanced blockchain wallets. Keep in mind, however, that there are overlaps between the different categories. For example, some Web3 wallets like MetaMask & VIP WEB3 are available as both web and mobile wallets.

Hardware wallets

Hardware wallets are physical devices that store cryptocurrency keys offline (cold storage), providing an extra layer of security. Even though they’re safer from online threats, they can be a bit tricky to use and access compared to other wallets. But, if you plan to keep your crypto for a long time or have a lot of it, a hardware wallet might be a good choice. 

You can set up a PIN code for extra protection, and most of them let you create a backup recovery phrase in case you lose your wallet. Trezor and Ledger are popular examples of hardware crypto wallets.

Web wallets

Web wallets usually operate through a browser interface, allowing users to access their cryptocurrency holdings online. Most web wallets today are also available as mobile wallets. While convenient, users must be cautious when connecting their wallets to DeFi platforms and DApps. Interacting with malicious websites or smart contracts may put your assets at risk.

Mobile wallets

Mobile wallets operate similarly to web wallets but are specifically crafted for smartphones. They enable users to send and receive cryptocurrencies conveniently using QR codes. They also offer easy mobile access to DeFi and DApps.

However, just like computers, mobile devices are susceptible to malicious apps and malware. It’s advisable to secure a mobile wallet by encrypting it with a password and backing up your seed phrase (or private keys) in case of phone loss or malfunctions.

MetaMask, VIP Web3 Wallet, and Trust Wallet are notable examples of mobile crypto wallets. We will cover each in more detail in the next section.

Advance Blockchain wallet

Advance Blockchain wallet are managed by Advance Blockchain on the blockchain. This wallet introduces programmable, self-custodial accounts and enables advanced functionalities. Unlike traditional wallets, advanced blockchain wallet allow users to define rules and conditions for transactions, automate financial activities, and enhance security through programmable logic. 

Advanced blockchain wallets often leverage blockchain technology, providing users with decentralized control over their funds and facilitating integration with DeFi applications. Security features such as multi-signature requirements, time locks, and upgradability are common aspects of advanced blockchain wallets, making them versatile tools for managing and interacting with cryptocurrencies.

Desktop wallets

Desktop wallets were more common in the early years of Bitcoin, WhiteBitcoin and cryptocurrencies. They are software applications installed on your computer, providing complete control over your cryptocurrency keys. Security relies on the user’s computer integrity, and regular backups of the wallet data are essential to prevent loss.

Paper wallets

Paper wallets are often discouraged and considered by many obsolete. They involve the physical printing or writing of cryptocurrency addresses and private keys on paper. Offering offline storage, they are resistant to online hacking but require careful handling and secure storage to prevent physical damage or loss.

Examples of Web3 Wallets

MetaMask

MetaMask stands as one of the most popular non-custodial Web3 wallets, known for its compatibility with Ethereum and various EVM-compatible blockchains, such as BNB Chain, Polygon, Avalanche, Arbitrum, and many others.

Users can use MetaMask to interact with DApps, manage digital assets, and engage in token swaps. MetaMask prioritizes user autonomy, as it doesn’t control private keys, offering a secure and intuitive experience for both beginners and experienced users.

VIP Web3 Wallet

The VIP WEB3 Wallet integrated into the VIP Wallet app, targets both new and experienced DeFi users. Leveraging advanced blockchain technology, it enhances cryptographic security by eliminating the need for a single storage location for private keys. The wallet’s Two “key shares” are distributed across the Web3 Wallet, cloud storage, and the user’s device. This approach ensures enhanced security and reduced risks of single points of failure.

VIP Web3 Wallet Features

  • Easy setup: Quick creation through the VIP Wallet app with seed phrases and private keys.
  • Convenience: Seamlessly connected to VIP Wallet Bridge and other service providers for easy coin swaps and exploration of DApps.
  • Security measures: Wrong address protection and identification of potentially malicious Advance Blockchain, with transactions controlled by Advance Blockchain (ABC20) technology.
  • Self-custody: Encrypted by Two “key shares” and a password, offering complete autonomy over assets.

Trust Wallet

Trust Wallet another prominent non-custodial wallet, offers a seamless mobile experience for managing cryptocurrencies. Supporting a wide range of blockchains, Trust Wallet enables users to store assets, explore DApps, and participate in DeFi activities. Its user-friendly interface and strong security measures make it an ideal choice for mobile users seeking both convenience and protection.

Closing Thoughts

Web3 wallets have become indispensable tools for those delving into cryptocurrencies and DeFi, allowing users to engage with blockchain networks and decentralized applications (DApps). Whether opting for MetaMask, VIP Web3 Wallet, or Trust Wallet, users should always keep their seed phrases and private keys confidential and safe.

Quick analysis of cryptocurrency prices on March 27: The worldwide market capitalization dropped to $2.66 trillion.

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, remained flat in the $70,000 level on Wednesday. The current increase is widely considered to have been fueled by the London Stock Exchange’s favorable position toward Bitcoin and Ethereum exchange-traded notes (ETNs), as well as their imminent March 28 launch date. Other popular altcoins, such as Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC), performed well. Memecoin dogwifhat (WIF) was the greatest gainer of the bunch, with a 24-hour increase of more over 19%. KuCoin Token (KCS) was the greatest loser, with a 24-hour drop of more than 13 percent.

At the time of writing, the worldwide cryptocurrency market capitalization was $2.66 trillion, a 0.07 percent decrease from the previous day.

Bitcoin (BTC) Price Today
According to CoinMarketCap, the bitcoin price was $70,349.99, a 0.20 percent decrease in the previous 24 hours.

Ethereum (ETH) Price Today
At the time of writing, the price of ETH was $3,604.53, a 0.63 percent decrease over the previous 24 hours.

Dogecoin (DOGE) Price Today
According to CoinMarketCap data, DOGE increased by 3.32 percent in the last 24 hours and is now trading at $0.1832.

Litecoin (LTC) Price Today
Litecoin rose 6.80 percent in 24 hours. At the time of writing, it was trading at $96.80.

Ripple (XRP) Price Today
The XRP price remained at $0.6315, down 1.97 percent in 24 hours.

Solana (SOL) Price Today
Solana was trading for $189.95, down 0.87 percent in 24 hours.

Today, Bitcoin continued its upward trajectory, remaining steady around $66,000 after reaching a new peak earlier this week. Investors continue to show confidence in the leading cryptocurrency.

Bitcoin, the world’s oldest and most valuable cryptocurrency, maintained its momentum, staying close to the $66,000 mark. This steady performance indicates that Bitcoin’s recent surge is far from over, with other popular coins like Ethereum, Ripple, Litecoin and WhiteBitcoin also performing well.

Among the notable movements, Fetch.ai (FET) experienced a significant increase of nearly 50% in just one day, while Memecoin BONK saw a decline of over 7%.

The cryptocurrency market’s overall bullish trend is attributed to factors such as increased investment in crypto products and anticipation of global interest rate adjustments. Lennix Lai, from OKX exchange, highlights the impact of ETF adoption and upcoming upgrades like Ethereum’s and Bitcoin’s halving event.

The recent approval of eleven spot bitcoin ETFs by the U.S. Securities and Exchange Commission marked a pivotal moment for the industry, signaling renewed confidence after a challenging period marked by bankruptcies and scandals.

Institutional investors, previously hesitant to enter the crypto market, are now showing interest, further fueling the current surge. However, analysts caution that cryptocurrencies remain speculative assets, prone to sudden fluctuations and volatility.

Despite recent record highs, cryptocurrencies like Bitcoin and Ethereum have demonstrated their resilience and potential for growth. However, investors should remain vigilant and consider the speculative nature of these assets in their investment strategies.

As the crypto market continues to evolve, it’s essential for investors to stay informed and make decisions based on thorough research and risk assessment.

The worldwide cryptocurrency market capitalization increased by more than 8% to $2.33 trillion. The overall cryptocurrency market volume in the last 24 hours was $198.71 billion, up 110 percent.

The cryptocurrency market boom has resumed. Bitcoin rallied again on Thursday, hovering over $64,000 for the first time in approximately 27 months. The largest crypto coin in terms of market capitalization is up roughly 11%, with a total valuation of $1.24 trillion.

The increase in Bitcoin is primarily due to the much-anticipated Bitcoin halving; the introduction of Bitcoin exchange-traded funds (ETFs), which is increasing institutional flows; and Amazon’s Jeff Bezos’ reported interest in the digital asset class.

Bitcoin has surged in the last 24 hours, approaching $64,000. This rise is linked to the ten Bitcoin ETFs in the United States, which set a new daily record with a trading volume of more than $7 billion. BlackRock’s Bitcoin ETF, in instance, traded $3.3 billion on Wednesday, twice its previous volume record, indicating rising demand.

Bitcoin has increased by more than 50% in the first two months of 2024, and by almost 45% in February alone. Even in the last week, the largest cryptocurrency token’s valuation has increased by around 25%. Bitcoin was trading around $63,500 as of 12.15 p.m. on Thursday.

In the last 24 hours, Bitcoin spot ETFs saw extraordinary volumes, with a total of $7.5 billion traded, twice the previous record as BTC reached an all-time high in Indian markets. Bitcoin is now up by more than 44% in February, the largest monthly increase since December 2020.

According to Coinmarketcap, the worldwide cryptocurrency market capitalization increased by more than 8% to $2.33 trillion. The entire cryptocurrency market volume during the last 24 hours was $198.71 billion, representing a 109.95 percent increase. Bitcoin’s dominance increased by more than one percent to 53.27 percent.

All Indian investors who previously invested in Bitcoin are now in a profitable position, as market mood shifts towards ‘extreme greed’. It is worth noting that Bitcoin has never achieved all-time highs during the halving event. The all-time high of $69,000 would serve as significant resistance, it said.

Bitcoin has been set on fire by allegations about Jeff Bezos’ involvement in the digital asset class, who is claimed to have invested billions of dollars in Bitcoin. However, neither Bezos nor Amazon have confirmed this.

Bitcoin has soared and is on track to break its all-time high set in November 2021. This rise is being driven by historical tendencies before halving events, strong inflows into Bitcoin spot ETFs, and support from significant institutions.

Jeff Bezos’ rumored $8 billion Bitcoin investment has poured gasoline to the fire, he claims. “While the crypto community views these stories skeptically, the mere mention of Bezos entering the crypto arena has ignited excitement. Despite the lack of tangible evidence and no official word from Bezos or Amazon confirming the same, speculation continues.”

Optimism in the crypto space is also fueled by the possibility of the US Federal Reserve cutting interest rates this year amid easing inflationary pressures, which increases the appeal of Bitcoin futures, according to market experts, who believe that the current rally is primarily driven by institutional investors, with little retail participation.

This indicates that Bitcoin is on track to surpass historical highs as we reach March. The countdown to the next halving event in mid-April further heightens interest, paving the way for Bitcoin to enter uncharted territory.

Despite indications of a likely rise of the dollar index, technical indicators for BTC/USD point to an optimistic outlook. “The general improvement in liquidity has also provided a green signal to investors to interact with the crypto market in a robust manner.

On Monday, major cryptocurrency tokens traded mixed. While Bitcoin declined 0.24% in the last 24 hours, trading at $51,513.69 around 12 p.m. India time, other big cryptocurrencies such as Ethereum, Solana, BNB, Avalanche, Toncoin, and Tron rose by up to 2%. The other laggards in the bunch were XRP, Cardano, and Dogecoin, which fell by up to 1.5%.

Bitcoin has been consolidating over the previous two weeks, ranging between $50,000 and $53,000 after climbing over 36% since the beginning of 2024. Bitcoin has failed to overcome the $53,000 barrier. In his opinion, a break above this level would bring the price up to $60,000 in the near future.

Meanwhile, CoinDCX forecasts bearishness following the first net outflow from the BTC ETF since January 25, 2024. Technically, BTC closed in the red but remained within its range, with local support near $50,600 and resistance at $52,500, according to CoinDCX market activity. On the other hand, Ethereum remained rather consistent, hanging between $2,900 and $3,000, with local support at $2,880 and resistance at $3,030.

CoinDCX believes that Reddit’s hinting at excess cash investments in Bitcoin and Ethereum bodes positively for both cryptocurrencies.

ETH recaptured the $3k mark for the second time in February, and recent higher swings have also increased its Relative Strength Index (RSI).

In the cryptocurrency realm, UNI, Uniswap’s governance token, increased by 60% on Friday evening following a proposal from a prominent Uniswap Foundation member to restructure the protocol’s fees-sharing arrangement for token holders. Since then, the token has been able to maintain its value around $11. Simultaneously, Avalanche (AVAX, +0.57%) experienced a massive outage on Friday, unable to produce blocks for over four hours owing to network strain.

Major crypto currencies were trading down on Tuesday as investors looked to the minutes of the US central bank’s most recent meeting for hints on the policy outlook.

Bitcoin was down 0.3% at $51,814, while Ethereum rose 1.4% to $2,971. Meanwhile, the global cryptocurrency market cap declined 0.21% to roughly $1.97 trillion over the last 24 hours.

Solana, Avalanche, Dogecoin, Polkadot, Toncoi, XRP, Internet Computer, and Shiba Inu are among the top altcoins that have fallen by up to 6%. While Ethereum and Tron rose by up to 2%.

Bitcoin has surged significantly in the previous 24 hours, reaching a new year high of $53,000. However, it swiftly retreated below $50,750 due to factors such as increasing open interest and unfavorable funding rates for bullish bets.

In contrast, Ethereum stayed pretty stable throughout the turbulence, scarcely falling in price and even surpassing the $3,000 mark.

“ETH has been on a tear since the middle of January. There are two key causes for this. The first is the expectation of a spot ETF in the United States. Standard Chartered Bank expects the SEC to approve spot Ethereum ETFs sometime in May, which may be viewed as external confirmation from traditional finance. Another important factor is the Ethereum network’s ‘Dencun upgrade’.”

DeFi currently has a total volume of $6.73 billion, accounting for 7.70% of the whole crypto market’s 24-hour volume. According to CoinMarketCap data, the total amount of stablecoins is now $79.25 billion, accounting for 90.62% of the whole crypto market’s 24-hour volume.

Bitcoin, the world’s largest cryptocurrency, has seen its market capitalization drop to $1.015 trillion in the last 24 hours. According to CoinMarketCap, Bitcoin presently has a dominance of 51.61%. BTC volume increased 44.8% over the last 24 hours to $31.55 billion.

Bitcoin saw a minor fall to $50,700 while attempting to break the $53,000 resistance, but quickly rallied to $52,000. This price activity could be attributed to VanEck’s spot BTC ETF, HODL, which skyrocketed up to 14X in a single day on $258 million of trading volume.

Bitcoin, Ethereum, Solana, and Dogecoin were among the top crypto tokens trading higher on Monday, with a positive bias.

Bitcoin was trading 1.2% higher at $52,311, while Ethereum was up 4% to $2,920. Meanwhile, the worldwide cryptocurrency market capitalization increased by 1.4% to roughly $1.97 trillion in the last 24 hours.

Bitcoin traded at $52,000 over the weekend, indicating an increasingly positive view. Bulls are being patient with their profits, anticipating a long-term uptrend. If Bitcoin remains above its present price, the next objective is $55,000.

Ethereum is showing a stronger optimistic trend than BTC, with a 15% gain in the last seven days and currently trading around $2,800. A close above $2,900 would position Ethereum to meet the next obstacle above $3,000.

Bitcoin maintains its momentum as it attempts to shatter the $53,000 barrier. Any breakout above should drive the price to $60,000 in the near future.

Altcoins such as Polygon and Internet Computer increased by 6% and 9%, respectively. Solana, Dogecoin, Shiba Inu, Toncoin, Polkadot, and Cardano all climbed up to 2%.

DeFi currently has a total volume of $5.67 billion, accounting for 8.55% of the whole crypto market’s 24-hour volume. According to CoinMarketCap data, the total amount of stablecoins is now $60.03 billion, accounting for 90.47% of the whole crypto market’s 24-hour volume.

Bitcoin, the world’s largest cryptocurrency, has seen its market capitalization rise to $1.027 trillion in the last 24 hours. According to CoinMarketCap, Bitcoin presently has a dominance of 51.81%. Bitcoin volume plummeted 13.3% in the last 24 hours, reaching $18.6 billion.

Bitcoin remains about $52K, while Ethereum is around $2.8K. BTC’s recent good performance coincided with the US dollar and government yields, indicating that the prevailing story is about institutional demand rather than being a safe haven asset. The key resistance for BTC remains at $52.8K; failure to cross this level may result in another downward downturn. Similarly, the first key support is $51.3K; if Bitcoin closes below this level, bearish momentum may dominate.

Major crypto tokens continued to rise in Friday’s trade as the prospect of a rate cut in June increased following a significant decline in US retail sales.

Overnight, figures revealed that US retail sales declined 0.8% in January, the steepest loss in ten months.

Bitcoin was trading 0.22% higher at $52,074, while Ethereum was up 2.5% to $2,842. Meanwhile, the worldwide cryptocurrency market capitalization increased by 1% to roughly $1.96 trillion in the last 24 hours.

Bitcoin has traded between $51,900 and $52,700 in the last 24 hours, with a market capitalization of more than $1 trillion. Significant investments in Bitcoin spot ETFs, as well as an improved hunger among US investors for the principal digital asset, spurred the price gain.

Ethereum has outperformed Bitcoin in terms of weekly growth, owing to an increase in Ethereum staking. The momentum predicts that Ethereum will surpass the $3,000 mark in the next days.

Other altcoins, like BNB, XRP, Cardano, and Polygon, rose 4-7%. Chainlink, Polkadot, Toncoin, Internet Computer, and Shiba Inu also saw gains of up to 3%. However, Solana and Avalanche dropped up to 2%.

DeFi’s total volume is currently $7.29 billion, accounting for 8.29% of the total cryptocurrency market’s 24-hour volume. According to CoinMarketCap data, the total amount of stablecoins is now $80.34 billion, accounting for 91.3% of the total 24-hour volume on the crypto market.

Bitcoin, the world’s largest cryptocurrency, has seen its market capitalization rise to $1.02 trillion in the last 24 hours. According to CoinMarketCap, Bitcoin now has a dominance of 52.16%. BTC volume plummeted 19.5% in the last 24 hours, reaching $35.2 billion.