The price of Ethereum (ETH) reached a high of $3,125.26 over the last seven days.

With a rare rally that has seen the coin surpass $3,100 at the time of writing, Ethereum (ETH), perhaps the most significant cryptocurrency after Bitcoin (BTC), has managed to rise above $3,000 for the first time in over 20 months. Although dealer hedging is mostly to blame for the ETH increase, there are also rumors of a bubble that could pop at any time, therefore it is generally advisable to exercise care and wait for the prices of ETH to stabilize before making a substantial investment.

Readers should be aware that coin prices and the cryptocurrency market as a whole are very erratic before continuing. It is impossible to predict with certainty how cryptocurrencies will perform in the future. The purpose of this article is to assist investors in staying abreast of the most significant events that have already occurred, as well as some noteworthy forthcoming events and current market circumstances. Before taking any calls, investors are recommended to conduct their own research.

Prices of Cryptocurrencies Over the Last Week

The total value of the cryptocurrency market was $1.80 trillion as of last Monday, February 19. The price of ETH was roughly $2,500, and the price of BTC was approximately $48,200.

The market capitalization increased to an astounding $1.99 trillion one week later.

Check Out Top Crypto Prices Today

With $5.37 billion in total volume, DeFi accounts for 10.50 percent of the market’s 24-hour volume. Regarding stablecoins, the total volume is $44.17 billion, which represents 86.39 percent of the 24-hour market volume. The total market fear and greed index, according to CoinMarketCap, was rated as “Greed” with 72 points (out of 100).

As of the time of writing, 50.65% of BTC was in use.

Bitcoin reached a high of $52,864.24 on February 20 and a low of $50,646.88 on February 24 over the last seven days.

Conversely, Ethereum saw a low of $2,887.01 on February 21 and a high of $3,125.26 on February 26.

Crypto Price Today:

Cryptocurrency movements were uneven. The market capitalization of all cryptocurrencies was $1.2 trillion, with $29.7 billion in volume traded in the previous day.

Bitcoin
The biggest and most well-known virtual currency in the world, Bitcoin, increased 0.8 percent to $28,309.7. It was valued at $540.4 billion in the market. $10.7 billion in transaction volume was involved.

Ethereum
Ethererum is the second-largest virtual currency, decreased 0.4 percent to $1,851.2 and has a $224.3 billion market capitalization. In the previous day, $8.2 billion worth of Ethereum was traded.

Dogecoin
A virtual currency based on memes, increased 0.7 percent on Monday. It had a market value of $1 billion. A total of $813.9 million was traded.

Shiba Inu
Shiba Inu market capitalization decreased by 0.5 percent to $6.4 billion. In the previous 24 hours, there were $120.2 million in trades.

Solana
Solana traded unchanged at $20.2 and has a $7.9 billion market cap. In the previous 24 hours, Solana saw trades of $165 million.

Polygon
Polygon market capitalization of $10.1 billion decreased by 1.6 percent. In the previous 24 hours, there were $193.5 million in trades.

On Monday, cryptocurrency prices were mixed. The global crypto market cap was $1.04 trillion, with $51.84 billion in volume in the previous 24 hours.

Bitcoin
Bitcoin, the world’s largest and most popular virtual currency, dropped 0.2 percent to $22,747.6. Its market capitalization was $438.2 billion. The total value of trade was $24.2 billion. In the last seven days, the token has risen 7.4 percent.

“Bitcoin climbed above the $22,900 level over the weekend, the highest in the past five months, as bullish sentiment returned to the market. The current support level is $22,700, and the resistance level is $22,900.

Ethererum
The second largest virtual currency, rose nearly 1.5 percent to nearly $1,640, with a market capitalisation of $200.6 billion. In the last 24 hours, Ethereum’s trade volume was $7.3 billion. In one week, the token has increased by 4.6 percent.

Dogecoin
Dogecoin, a meme-based virtual currency, increased by 7.3 percent on Monday. Its market capitalization was $12 billion. The total trade volume was $841.9 million.

Solana
With a market capitalisation of $9.2 billion, Solana fell 0.5 percent to $24.8. Solana’s trade volume in the last 24 hours was $1 billion.

Shiba Inu
Shiba Inu market capitalisation fell 1.5 percent to $6.7 billion. In the last 24 hours, the trade volume was $389.5 million.

Polygon
Polygon fell 1% to $0.9, with a $8 billion market capitalisation. In the last 24 hours, the trade volume was $389.5 billion.

Zipmex, a cryptocurrency exchange focused on Southeast Asia, has filed for bankruptcy protection in Singapore to protect itself from legal threats from creditors.

Take advantage of London’s biggest financial event. This year we expanded into new verticals in online trading, fintech, digital assets, blockchain and payments.
The exchange filed for bankruptcy protection in a Singapore court on July 22, just days after it suspended withdrawals from its platforms.

“This helps protect Zipmex from third party actions, claims and proceedings while it is active and allows the team to focus all of our efforts on resolving the liquidity situation without having to worry about defending potential claims or adverse actions while we do so. ” said the crypto exchange.

The exchange’s attorneys filed five requests for relief from the moratorium, each for a different Zipmex entity. While two entities are registered in Singapore, the rest are from Australia, Indonesia and Thailand.

Read on

The filing automatically granted the exchange a 30-day moratorium period or until the application is decided by a Singapore court.

“It is important to note that the moratorium is not the liquidation of any company,” the exchange added.

Another collapsing crypto exchange?
Zipmex is the latest worrisome cryptocurrency platform after Celsius, Voyager Digital and Three Arrows Capital. Another troubled crypto startup, Vauld, has filed for protection from its Singapore creditors.

In suspending withdrawals, Zipmex cited a combination of circumstances, including market volatility and the financial difficulties of its trading partners. Now, the exchange’s troubles appear to be murkier.

Coinbase was previously interested in acquiring Zipmex, but the American exchange ended up investing only in the Southeast Asian counterpart. The investment came as part of the crypto exchange’s Series B+ funding round, which valued it at $400 million.

Among all the markets it operates in, Zipmex’s user base is concentrated in Thailand. Thailand’s Securities and Exchange Commission (SEC) is also working with law enforcement to assess customer losses after Zipmex suspended withdrawals.

Zipmex, a cryptocurrency exchange focused on Southeast Asia, has filed for bankruptcy protection in Singapore to protect itself from legal threats from creditors.

The exchange filed for bankruptcy protection in a Singapore court on July 22, just days after it suspended withdrawals from its platforms.

Take advantage of London’s biggest financial event. This year we expanded into new verticals in online trading, fintech, digital assets, blockchain and payments.
“This helps protect Zipmex from third party actions, claims and proceedings while it is active and allows the team to focus all of our efforts on resolving the liquidity situation without having to worry about defending potential claims or adverse actions while we do so. ” said the crypto exchange.

The exchange’s attorneys filed five requests for relief from the moratorium, each for a different Zipmex entity. While two entities are registered in Singapore, the rest are from Australia, Indonesia and Thailand.

Read on

The filing automatically granted the exchange a 30-day moratorium period or until the application is decided by a Singapore court.

“It is important to note that the moratorium is not the liquidation of any company,” the exchange added.

Another collapsing crypto exchange?
Zipmex is the latest worrisome cryptocurrency platform after Celsius, Voyager Digital and Three Arrows Capital. Another troubled crypto startup, Vauld, has filed for protection from its Singapore creditors.

In suspending withdrawals, Zipmex cited a combination of circumstances, including market volatility and the financial difficulties of its trading partners. Now, the exchange’s troubles appear to be murkier.

Coinbase was previously interested in acquiring Zipmex, but the American exchange ended up investing only in the Southeast Asian counterpart. The investment came as part of the crypto exchange’s Series B+ funding round, which valued it at $400 million.

Among all the markets it operates in, Zipmex’s user base is concentrated in Thailand. Thailand’s Securities and Exchange Commission (SEC) is also working with law enforcement to assess customer losses after Zipmex suspended withdrawals.

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