66. Max Keiser claims massive short-term prediction.
Mas Keiser predicts a $75,000 Bitcoin value by Friday, in keeping with his usual style.
Crypto Corner
A Nigerian parliamentary committee has reportedly summoned Binance CEO Richard Teng. This comes after two executives of the exchange were detained last week upon their arrival in the country.
Omni Network has inked a $600 million restaking agreement with Ether.Fi to bolster security. Both Omni and Ether.Fi will participate in EigenLayer's pooled security model.
Hong Kong's markets regulator has issued a warning against crypto exchange BitForex. This action follows BitForex going offline on Feb. 23, subsequent to $57 million being reportedly withdrawn from the exchange's hot wallets.
MicroStrategy plans to raise $600 million through senior convertible notes to fund further purchases of Bitcoin. The notes, which will mature in March 2030 unless repurchased, redeemed, or converted earlier, can be exchanged for cash or MicroStrategy stock.
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NFT Spotlight
NFT of the week: WR NFT 6855
Bitcoin NFT NodeMonkes sold for $1 million as Bitcoin approaches $69,000. In the last 24 hours, collections based on Bitcoin traded more volume than Ethereum collections, indicating increasing network adoption as Bitcoin prices approach record highs.
VanEck, known for its interest in cryptocurrency and Web3, has launched SegMint, a new NFT management platform, showcasing traditional finance's growing interest in Web3 tokenization.
Energy trading platform SunContract has introduced the first NFT-powered solar panels marketplace.
Bitcoin NFT project NodeMonkes has surged 25% in price, outpacing its rivals in the market.
Bitcoin Buzz
Bitcoin Buzz
Bitcoin daily withdrawals are challenging records as $2 billion leaves exchanges. This trend marks the fastest pace of Bitcoin exiting exchanges since mid-2021 and is poised to set new historic records in U.S. dollar terms.
Stanford’s Blyth Fund has allocated 7% of its portfolio to Bitcoin. Kole Lee, leader of Stanford’s Blockchain Club, advocated for the student-run fund to invest in BlackRock’s spot Bitcoin ETF as early as February.
Bitcoin trade volume has reached its highest level since 2021, according to data from Kaiko.
Bitcoin Miners’ Marvels
TeraWulf is expanding its bitcoin mining operations at Nautilus, with plans to double capacity by 2025. This expansion is aimed at securing a competitive edge following the bitcoin halving event.
The Energy Information Administration (EIA) has agreed to erase previous data on Bitcoin mining surveys and is planning to conduct a new study.
Bitcoin mining revenue surged to $1.39 billion in February, despite a decline in fees.
Marathon Digital has reported a 452% increase in revenue.
In a deal worth $6.1 million, Argo Crypto Miner has reduced Galaxy's debt by 60%.
Quote Of The Week:
“If you set your goals ridiculously high and it's a failure, you will fail above everyone else's success.” -James Cameron
Thanks all! Have a great remainder of your week!