CDS Crypto News February 27 Crypto Highlights: Elon Musk, ETFs and Record Bitcoin Price
Crypto News

February 27 Crypto Highlights: Elon Musk, ETFs and Record Bitcoin Price

A comprehensive summary of the February 27 crypto highlights is included in this article.

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February 27 Crypto Highlights: Elon Musk, ETFs and Record Bitcoin Price

Crypto News – On the trading day, we are about to leave behind, there were many developments, one after the other. A summary of each of them is included in the rest of the article.

February 27 Crypto Highlights: Elon Musk, ETFs and Record Bitcoin Price

The other day, Elon Musk’s problem with his new Windows computer was mentioned, and many people, especially Vitalik Buterin, suggested a solution to this problem. On the other hand, Eric Balchunas’ data on ETFs helped to turn attention back to ETFs. Finally, Bitcoin surprised everyone by climbing as high as $57,000.

Vitalik Buterin Invites Elon Musk to Linus Community

In an X post on February 26, Musk revealed that he needed a Microsoft account in order to utilize his laptop computer running Windows OS. A choice to forego signing in to or creating a Microsoft account was previously available, he continued. After Musk grumbled that he couldn’t install Microsoft Windows on his freshly purchased computer without a Microsoft account, Vitalik Buterin extended an invitation to Musk to join the desktop Linux community.

Musk’s tweet was subsequently accompanied by a community notice after numerous platform users pointed out that Windows OS could still be used without a Microsoft account. Although Musk feels the procedure shouldn’t be this complicated, users on X devised a complicated workaround mechanism in the comment section to help him traverse the process.

ETFs Break Their Own Records

With Bitcoin (BTC) rising to a high of $54,938 on Monday, trading volumes for the “new nine” spot Bitcoin exchange-traded funds (ETF) set a new daily record. The previous record of $2.2 billion, achieved by the nine on the first trading day, January 11, was surpassed by trading volumes for the nine on February 26. This information was provided by Bloomberg ETF analyst Eric Balchunas.

Bitcoin Surprised Everyone

On February 26, the price of Bitcoin saw a significant increase, and, for the first time in over two years, it approached $55,000. Cointelegraph Markets Pro and TradingView data show that, after rising more than 5% over the day, the price of Bitcoin was just shy of $55,000. Head of research at CoinShares, James Butterfill, said that total assets under management for all cryptocurrency exchange-traded products reached a peak last week of $68.3 billion, the most since December 2021.

February 27 Crypto Highlights: Elon Musk, ETFs and Record Bitcoin Price
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Lectertodd is 25 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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