Welcome to BitPinas Key Points: easily digestible news in concise formats for easy reading. Let’s check the latest crypto news stories in the last 24 hours.
Crypto Price Update
Market News
- Bitcoin price retracts after reaching $53K: While Bitcoin briefly surpassed $53,000 for the third time in a week, it experienced a swift reversal, suggesting further consolidation might be ahead.
- Ethereum reaches $3,000 for the first time in almost two years: ETH prices jumped, fueled by anticipation for a potential Ethereum spot ETF and the recent Dencun upgrade.
Local News
- BitPinas webcast on Pixels, Starknet, and Art Fair Philippines:
- Coins.ph listed $PIXEL one day after Binance debut.
- Pinoys grinded for Starknet airdrops but ended up ineligible.
Regulation
- US sanctions crypto addresses linked to LockBit ransomware group.
- Hong Kong issues regulatory guidance for crypto custodians.
- South Korea considers further delay in crypto taxation ahead of general election
Noteworthy
- Bitwise Bitcoin ETF approved for $30 billion advisor network.
- Liquid staking protocol Puffer gathers $1 billion in deposits within three weeks.
- Starknet token STRK starts trading after a massive controversial airdrop.
Upcoming
This article is published on BitPinas: Key Points | Feb 21, 2024 | Bitcoin Retracts After $53K
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- Source: https://bitpinas.com/feature/key-points-2024-02-21/
