Key Points | Feb 21, 2024 | Bitcoin Retracts After $53K

Bitcoin retreats while Ethereum soars in today’s Key Points.

Photo for the Article - Key Points | Feb 21, 2024 | Bitcoin Retracts After $53K

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

Photo for the Article - Key Points | Feb 21, 2024 | Bitcoin Retracts After $53K

Market News

  • Bitcoin price retracts after reaching $53K: While Bitcoin briefly surpassed $53,000 for the third time in a week, it experienced a swift reversal, suggesting further consolidation might be ahead. 
  • Ethereum reaches $3,000 for the first time in almost two years: ETH prices jumped, fueled by anticipation for a potential Ethereum spot ETF and the recent Dencun upgrade. 

Local News

  • BitPinas webcast on Pixels, Starknet, and Art Fair Philippines:
Crypto News Recap - Pixels, Airdrops, and Art Fair PH | BitPinas Webcast 40
  • listed $PIXEL one day after Binance debut.
  • Pinoys grinded for Starknet airdrops but ended up ineligible.


  • US sanctions crypto addresses linked to LockBit ransomware group.
  • Hong Kong issues regulatory guidance for crypto custodians.
  • South Korea considers further delay in crypto taxation ahead of general election


  • Bitwise Bitcoin ETF approved for $30 billion advisor network.
  • Liquid staking protocol Puffer gathers $1 billion in deposits within three weeks.
  • Starknet token STRK starts trading after a massive controversial airdrop.


Photo for the Article - Key Points | Feb 21, 2024 | Bitcoin Retracts After $53K

This article is published on BitPinas: Key Points | Feb 21, 2024 | Bitcoin Retracts After $53K


  • Before investing in any cryptocurrency, it is essential that you carry out your own due diligence and seek appropriate professional advice about your specific position before making any financial decisions.
  • BitPinas provides content for informational purposes only and does not constitute investment advice. Your actions are solely your own responsibility. This website is not responsible for any losses you may incur, nor will it claim attribution for your gains.

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