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Investors Shift Attention from Meme Coins to Layer 1 Blockchain Networks

The crypto market is shifting focus from speculative meme coins to established Layer 1 (L1) blockchains, including Bitcoin, Ethereum,...

Crypto Analyst Predicts Bitcoin Could Rally to $116,000 After Breaking $108,000

Crypto analyst Crypto Michael predicts a significant price movement for Bitcoin, projecting a parabolic rally once it breaks the $108,000 resistance...

Bitcoin Price Rebounds Above $98K as Crypto Cash Rotates to Altcoins

Bitcoin price rallied nearly 2% over the past two days, trading above $98K as of February 11, 2024. It established support around $96.4K and aims to...

Cardano Price Surges 15% Following Grayscale ETF Application

Cardano's price increased by 15%, reaching $0.80, which has contributed to a revival in the altcoin market, outperforming Bitcoin, Ethereum, and...

Ethena Price Faces 61.51% Drop Amid Whale Activity Concerns

As altcoins gain momentum, Bitcoin remains around $98,000, while Ethena (ENA) is attempting a reversal from the psychological support level...

SEC and Binance Request 60-Day Suspension of Legal Battle

On February 10, the SEC and Binance requested a 60-day suspension of their legal proceedings in the US District Court for the District of Columbia....

Ether Declines Over 20% Year-to-Date, Total Value Locked Increases

Ether (ETH) has declined over 20% year-to-date, but fundamentals are improving, according to Citi's research report. Key points include: Total...

Strategy Acquires Thousands of BTC in Major Purchase Resumption

Strategy, formerly known as MicroStrategy, has acquired thousands of BTC in a deal worth hundreds of millions. This purchase marks its first...

Japan's FSA Considers Bitcoin ETFs and Tax Reductions for Crypto Investors

The Financial Services Agency (FSA) of Japan is evaluating potential regulatory changes for the cryptocurrency market, including: Approval of...

Core DAO and Element Wallet Enhance Bitcoin's Use in DeFi and Privacy

Core DAO and Element Wallet are collaborating to enhance Bitcoin's utility beyond being a store of value, aiming to facilitate participation in...

Hedge Funds Hold Record Short Positions in Ether Futures on CME

Hedge funds have reached record short positions in ether (ETH) futures on the Chicago Mercantile Exchange (CME), raising questions about their...

Bitcoin Funding Rate Declines to Neutral on Major Exchanges

Recent data indicates that the Bitcoin futures funding rate has declined to neutral across major exchanges, signaling a shift in market sentiment. ...

Ethereum Retests Key Support Level Amid Market Corrections

Ethereum Retests Key Support Level Ethereum (ETH) has retested a critical multi-year support level after recent market corrections, with potential...

Ethereum Short Positions Surge 500% in Three Months Amid Bearish Sentiment

Ethereum (ETH) faces significant short selling, with hedge fund short positions increasing by 500% since November 2024. ETH short positions rose by...

Bitcoin Price Recovers to $97,000 Amid Decrease in Leverage and Outflows

Bitcoin's price has rebounded from a low of $94,000, currently trading above $97,000 with a 1.3% gain in the last day. Leverage Ratio Decrease and...

North Carolina Proposes 10% Bitcoin Allocation in State Reserves

North Carolina plans to explore including Bitcoin in its state reserves, becoming the 19th US state to do so. The proposed legislation, House...

25-Year-Old Man Pleads Guilty to Hacking SEC's Twitter Account

Eric Council Jr. pleaded guilty to hacking the SEC's social media account, posting a fake announcement about Bitcoin ETF approval. He used a false...

Circle's USDC Market Cap Reaches $56.3 Billion Following Market Recovery

As of February 10, Circle's stablecoin USDC reached a market capitalization of $56.3 billion, recovering from a dip to $24.1 billion in November...

Bitcoin TD Sequential Indicator Issues Buy Signal After Recent Price Move

An analyst indicates that the Bitcoin Tom Demark (TD) Sequential has generated a potentially bullish signal. Key Points Ali Martinez discussed the...

Multiple U.S. States Propose Bills for Bitcoin Reserve Funds

Several U.S. states are advancing legislation to enable crypto investments: Maryland's delegate Caylin Young proposed a bitcoin reserve fund,...

North Carolina Bill Proposes 10% Investment in Cryptocurrency

North Carolina has introduced a bill to invest public funds in cryptocurrency, backed by Speaker of the House Destin Hall. Key points include: The...

Bitcoin Price Steady as Investors Anticipate Market Developments

Bitcoin's price remains stable, with a lack of significant market movements. Key points include: Spot trading ranges have tightened following two...

Alabama Man Charged with Hacking SEC X Account to Plead Guilty

Eric Council Jr. faces charges related to hacking the U.S. Securities and Exchange Commission's (SEC) X account. He plans to plead guilty to...

Metaplanet to Issue ¥4 Billion in Bonds for Bitcoin Purchases

Metaplanet Inc. (Tokyo: 3350) has announced its financial data for 2024 and plans to strengthen its Bitcoin investment strategy. Key details...

CoinDesk Launches Mobile App for Crypto News and Market Data

CoinDesk has launched a mobile app aimed at providing users with comprehensive crypto news and market data. Key features include: Real-time news...

Proton Launches Self-Custodial Bitcoin Wallet to Enhance User Privacy

Proton has launched Proton Wallet, a self-custodial Bitcoin wallet that emphasizes user privacy and security. The wallet is accessible on Android...

Binance Bitcoin Reserves Decrease by $355 Million Amid Rising User Balances

Binance's bitcoin reserves decreased by $355 million last month while customer balances increased by over $4 billion, aligning the two figures more...

Gate.io Forms Multi-year Partnership with Oracle Red Bull Racing in F1

Gate.io has formed a strategic partnership with Oracle Red Bull Racing, a leading Formula One team. This collaboration aims to enhance Gate.io's...

Digital Asset Inflows Reach $1.3 Billion with Ethereum Leading

Digital asset investment products attracted $1.3 billion in inflows this week, marking five consecutive weeks of growth. Year-to-date net inflows...

Bitcoin Poised for Potential 2017-Style Surge in 2025

Julien Bittel, Head of Macro Research at Global Macro Investor, shared insights on Bitcoin's potential in a video titled "The Macro Outlook for...
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