News

WazirX Completes Asset Rebalancing, Offers 85% Compensation to Hack Victims

WazirX is set to distribute 85% of the portfolio value lost in a July 2024 hack, with initial payouts scheduled for April. Key points include: ...

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...

Binance's Yi He Addresses Token Listing Challenges Amid CZ Criticism

Yi He, co-founder of Binance, highlighted the exchange's token listing process, emphasizing the need to prioritize tokens that provide real value...

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...

Solana Price Surges as Whales Resurface, Targeting Over $250

Solana (SOL) is experiencing a bullish trend, overcoming previous bearish pressure. Key points include: Current price sustains above $200,...

Binance and SEC Request 60-Day Pause in Ongoing Legal Case

The U.S. Securities and Exchange Commission (SEC) and Binance have requested a 60-day pause in their legal proceedings, coinciding with the...

Cardano Seeks Breakthrough at $0.8119 Resistance Level

Cardano's ADA is approaching the $0.8119 resistance level, showing bullish momentum after steady accumulation by buyers. Key points include: A...

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. ...

Dogecoin Price Consolidates Above $0.250 with Resistance at $0.2655

Dogecoin (DOGE) is experiencing a recovery, trading above $0.250 following a decline from the $0.2940 resistance level. Key points include: DOGE...

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...

XRP Price Faces Resistance Near $2.50 After Recovery from $2.280

XRP price tested the $2.280 zone and is currently facing resistance levels around $2.50 and $2.60. XRP started a recovery from the $2.280 support...

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...

Grayscale Files to List First Standalone Cardano ETF on NYSE

Grayscale has filed to list a Cardano (ADA) exchange-traded fund (ETF) on the New York Stock Exchange. This marks the first standalone ADA...

PEPE Price Hits Oversold Levels for Third Time in History

The crypto market downturn has led to the meme coin PEPE reaching oversold territory, as indicated by the Relative Strength Index (RSI). This...

yesnoerror's YNE Token Gains Over 80% After Reid Hoffman Support

yesnoerror, an AI-driven research auditing project, has gained support from LinkedIn co-founder Reid Hoffman, resulting in an over 80% rise in its...

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...

Central African Republic Launches Solana Memecoin Managed by State-Owned Firm

The Central African Republic (CAR) launched a Solana memecoin, announced by President Faustin-Archange Touadéra. This follows CAR's earlier adoption...

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,...

Klarna Plans to Integrate Cryptocurrencies into Its Platform

Klarna Bank AB, a Swedish fintech firm, plans to integrate cryptocurrencies into its platform, as announced by CEO Sebastian Siemiatkowski. Key...

CAR Token Market Cap Reaches $900 Million Before Rapid Decline

The Central African Republic (CAR) has launched a government-backed memecoin, the CAR token. Key points include: The token's market cap reached...

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...

Holonym Foundation Acquires Gitcoin Passport in Major Merger

Holonym Foundation has acquired Gitcoin Passport, merging their operations in the proof of humanity sector. Key points include: Transaction...

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...
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