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 sees 3% correction as GBTC dumps $600 million.
- Blast, a hyped Layer-2 chain, sees most deposits leave within a day of going live.
- Bitcoin ETFs now hold nearly 4% of all Bitcoin.
- Blackrock Spot Bitcoin ETF starts trading in Brazil.
- Memecoin market has soared 27% in past 24 hours.
Local News
Highlight
- Kelvin Lee ends his term as SEC Commissioner on Feb. 29. His term actually ended last December and has been in holdover capacity ever since. A proper BitPinas article will be made soon.
Community News
- Superteam / The BLOKC hosted Solana hackathon launch at Coins.ph HQ.
- Solana ecosystem call to be organized in Bicol again by Bicol Blockchain Community.
- Tezos Philippines conducts Arts Month Twitter Space.
Noteworthy
- Elon Musk sues Sam Altman and OpenAI over alleged agreement breach.
- Worldcoin’s WLD token drops following Elon Musk’s lawsuit against OpenAI.
- Bitwise predicts “even bigger wave” of Bitcoin ETFs in the next few months.
- Craig Wright trial: Wright has accused his critics of bugging his house.
- JPMorgan is saying Bitcoin could slide to $42,000 after halving.
Highlighted BitPinas Articles
This article is published on BitPinas: Key Points | Mar. 2, 2024 | Bitcoin Could Slide to $42K — JPMorgan
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- Source: https://bitpinas.com/feature/key-points-2024-03-02/
