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[Weekly Crypto] 2024.02.27

1️⃣ Bitcoin resumes its rally, ripping through $54,000 for the first time since December 2021

The price of bitcoin shot above the $54,000 level on Monday after waking up from a week of tepid trading.

2️⃣ The next bitcoin halving is coming. Here’s what you need to know

With per-block rewards for bitcoin miners set to be reduced again in April, whether or not BTC’s price surges like in previous cycles remains to be seen

3️⃣ BlackRock Bitcoin ETF Records All-Time High $1.3 Billion in Single-Day Volume

The price of Bitcoin is up nearly 5% on the day, trading just below $55,000 per coin.

4️⃣ 2 Reasons Bitcoin Could Challenge Record High of $69K Before Halving

Data from past cycles entered around halvings and a key technical analysis tool suggest that the path of least resistance is higher.

5️⃣ Japan regulator clarifies stance on P2P crypto transfers

The FSA says its recommendations don’t envisage “any transactions from one individual to another.”

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