Bittime - Crypto market highlights this week (March 10-16, 2024) The crypto market was full of volatility, with Bitcoin hitting a new high of $72,800 before experiencing a correction and returning to $59,000. Altcoins such as Ethereum (ETH) and Ordinals tokens saw significant price spikes, while stablecoins maintained dominance with USDT leading the way.
Key Crypto Market Highlights This Week:
-
Bitcoin (BTC):
- BTC to USDT price touched a record high of $72,800, then fell to $59,000.
- It is currently trading at $72,000.
-
Ethereum (ETH):
- Ethrunes launched LaunchSwap and runestone tokens with an initial price of $0.01 ETH.
- The price of runestones soared almost 10 times.
-
Stablecoins:
- The total market capitalization reached $143.2 billion.
- USDT dominates with a market cap of $101.1 billion.
Check Today's Crypto Market:
Other Important News:
- FTX Digital: Deadline for filing creditor claims May 15.
- Marathon Slipstream: Recorded the largest Bitcoin block with the largest transaction in history.
- Polygon Miden: Builder Testnet launched March 24.
- Bitcoin Ordinals: Udi Wertheimer questions TVL Merlin.
- Fantom Foundation: Demands the liquidation of the Multichain Foundation.
- MicroStrategy: Plans to raise $600 million to buy more Bitcoin.
- South Korea's Terra Community: Demands Do Kwon's extradition to the US.
- Vitalik Buterin: DePIN is the new name for a project like StorJ.
- Bithumb: Issued an investment warning for Conan and discontinued Velo Protocol support.
- Framework Ventures: Deposited 4 million SNX to Coinbase for $18 million.
- Jupiter LFG Launchpad: The first voting round begins with Zeus Network ahead.
- Realy: Received a $200,000 Google Cloud Grant and logged 100,000 Siya.AI users.
- Optimism: Sold 19.5 million OP ($89 million) to private investors.
- Temasel: Talking investment with OpenAI CEO Sam Altman.
- PeckShield: Rug Pull occurred on ClosedAI and FLOKIAI on BNB Chain.
- Nvidia: GTC 24 encourages AI tokens such as $RNDR, $FET, and $AGIX.
- NEAR: Founders appeared at GTC 24 and held a keynote/panel discussion.
- Gala Games: Hosting a hackathon at GDC 2024 with Alienware.
- Digital Laser: Join the Pyth Network.
- Injective: Launched inEVM two-layer Rollup solution on mainnet.
- Binance Labs: Transferred 12.5 million CRV ($10 million) to Binance.
- Sei v2: Supports EVM, enabling all Ethereum token standards on Sei.
- OKEx Ventures: Investing in DeBox.
- Consensus 2025: Will be held in Hong Kong.
Check Crypto Prices Today:
BTC Contract Data:
- Open interest: $66.56 billion.
- 24-hour trading volume: $184.06 billion.
- 24-hour liquidation volume: $1.8 billion.
- Options open interest: $38.18 billion.
- Open interest CME BTC Futures: $9,84 miliar.
Data ETF BTC:
- AUM: $492.93 billion.
- GBTC: $274.89 billion (40.57 BTC).
- IBIT: $100.09 billion (18.75 BTC).
- FBTC: $64.72 billion (11.6 BTC).
- ETF trading volume: $53.75 billion.
- Net inflows this week: $8.5 billion.
Conclusion:
The crypto market is experiencing high volatility with Bitcoin hitting new peaks and altcoins surging. Various important news and interesting developments occurred throughout
How to Buy Bitcoin (BTC) on Bittime
You can buy and sell Bitcoin (BTC) in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
GRT is available on Bittime in BTC IDR pairing. To be able to buy BTC IDR at Bittime , make sure you have registered and completed identity verification.
Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete Guide How to Buy Bitcoin on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL), Tether (USDT) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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