Blockchain tracking firm Lookonchain says crypto whales are taking massive memecoin trades amid the market downturn. According to Lookonchain, one unlucky whale is now seeing red after once having made $11.8 million in profit on President Donald Trump’s memecoin, Official Trump (TRUMP). “This whale who made a $11.8 million profit on TRUMP spent another $33.9 […]
The head of alpha strategies at the crypto asset management firm Bitwise believes President Trump’s tariffs will be a big bullish catalyst for Bitcoin (BTC). Jeff Park says on the social media platform X that Trump is using tariffs to achieve two goals – weaken the US dollar and lower US Treasury yield. According to […]
A legal battle is brewing over the US Treasury’s decision to grant Elon Musk’s Department of Government Efficiency (DOGE) access to sensitive financial and personal data. The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) has reportedly sued the Treasury, alleging the department unlawfully shared confidential details of millions of Americans. Government Oversight […]
One cryptocurrency stock that could be poised for significant growth is Coinbase (COIN 1.39%), which is up over 8% this year as I write this. For …
Key Takeaways: RWA tokens have made a remarkable recovery, with their total market cap nearing its all-time high of $17.1 billion. RWA tokens are beating the rest of the digital assets while the market is retracting, signaling that investor optimism is coming back. Institutional investors are increasingly favoring RWAs, while retail participation remains limited. The […]
TL;DR Senator Bill Hagerty seeks to establish a favorable regulatory framework for stablecoins in the U.S. The proposal requires stablecoins to be backed by dollars, Treasury bonds, and Federal Reserve notes. The project aims to position the U.S. as the global epicenter of crypto-innovation by establishing a clear and transparent infrastructure for the development of […]
TL;DR Olas raises $13.8 million in a round led by 1kx, boosting the development of its crypto AI agent platform. The platform already handles over 700,000 monthly transactions, with a notable 30% month-over-month growth and over 3.5 million total transactions. Olas launches Pearl, an app that allows users to create and manage AI agents, and […]
Cryptocurrency markets experienced significant volatility, with Bitcoin dropping US$13k before recovering to US$101,198, a 6% increase over 24 hours. Donald Trump’s proposed tariffs on Canada, Mexico and China triggered market turbulence, drawing widespread criticism. Whales reportedly capitalised on the market downturn, with analyst Michaël van de Poppe suggesting large players intentionally caused market-wide capitulation to […]
The meme coin revolution is back, and investors are eyeing the best meme coins for massive return potential. With the crypto market heating up, meme coins are proving they are more than just internet jokes. Arctic Pablo Coin, Comedian, Pudgy Penguins, and Goatseus Maximus are making waves, each bringing a unique twist to the space. […]
TL;DR One popular analyst claimed that ADA whales haven’t bought the dip. Instead, they have sold almost $250 million worth of the asset. Contrary to the recent crash, analysts predict a reversal to over $1, with factors like a potential Ripple-Cardano partnership and regulatory efforts boosting optimism. Another Correction on the Horizon? The cryptocurrency market […]
On Tuesday, blockchain analytics entity Arkham Intelligence unveiled its discovery of $108 billion in BTC held within the recognized bitcoin wallets linked to Satoshi Nakamoto. By leveraging advanced forensic tools and the renowned Patoshi Pattern, the platform traced these holdings to the pseudonymous creator’s earliest digital vaults, casting fresh light on the dormant fortune’s staggering […]
Despite Ethereum (ETH) recently losing the critical $3,000 threshold due to broader cryptocurrency market corrections influenced by escalating regulatory tensions between the US and China, optimism for the leading altcoin persists. As of now, Ethereum has rebounded nearly 10%, trading just above $2,800, which places it above key support levels that could pave the way […]
SEC Commissioner Hester Peirce said on Feb. 4 that the agency is reconsidering whether certain types of crypto assets are securities.
A widely followed analyst is flipping bullish on altcoins after the crypto market’s sudden correction over the weekend. Pseudonymous crypto trader Kaleo tells his 682,500 followers on the social media platform X that the digital assets market may soon be entering an “up only” phase based on the Bitcoin dominance (BTC.D) chart having potentially reached […]
Digital asset lawyer and advocate John Deaton says the “war against crypto” isn’t dead despite the recent shift in US presidential administrations. Deaton says on the social media platform X that there are still important cases going on even though Gary Gensler isn’t running the U.S. Securities and Exchange Commission (SEC) anymore. The lawyer notes […]
Bitcoin (BTC) was extremely expensive in South Korea when sell-off hit bottom, data says
The crypto market has had a strong start to the year, continuing its upward trend from 2024. One cryptocurrency stock that could be poised for …
This election cycle saw a sharp increase in political spending from cryptocurrency companies, positioning the industry to influence U.S. politics. Already several states have begun exploring the creation of strategic Bitcoin reserves. As Bitcoin becomes more institutionalized, its adoption by state treasuries is seen as a victory for the crypto sector. However, this trend raises […]
Key Summary: The GENIUS Act aims to provide regulatory clarity for the issuance of stablecoins in the U.S. This bill proposes regulations for stablecoin issuers based on their volume. This legislation aims to foster innovation and reinforce the U.S. dollar’s position as the world’s leading currency. Introduction: The Stablecoin Regulation Rush The crypto industry has […]
US authorities are reportedly disregarding pro-crypto Senator Cynthis Lummis’ deadline to explain what happened to the Bitcoin (BTC) seized from the defunct darknet marketplace Silk Road. According to a new report by Bloomberg, anonymous people familiar with the matter say that the U.S. Marshals Service did not meet the January 31st deadline set by Lummis […]
Analyst and trader Michaël van de Poppe is flipping bullish on digital assets following a massive crypto market correction. Van de Poppe tells his 770,900 followers on the social media platform X that altcoins have experienced a “capitulation” as crypto assets worth billions of dollars were liquidated amid the imposition of tariffs on Canada, Mexico […]
In the aftermath of yesterday’s Bitcoin crash, market participants are closely examining whether the leading cryptocurrency by market capitalization can rebound or if it faces the prospect of another decline. In a post shared on X today, February 4, on-chain analysis data provider Lookonchain offered insights into five critical indicators that may help traders and […]
Can Ethereum game Moonray repeat the success of Off The Grid when it launches on Xbox and Playstation later this year? Web3 Gamer.
TL;DR Kraken has obtained a MiFID license in the European Union, allowing it to offer cryptocurrency derivative products in 27 countries within the region. The license was acquired after purchasing a Cyprus-based investment firm, previously approved by the CySEC, facilitating its expansion. Kraken aims to increase its presence in Europe with products such as cryptocurrency […]
TL;DR Coinbase asks U.S. regulators to remove barriers that limit banks from offering crypto services, such as custody and trade execution. It requests the withdrawal of an OCC letter that hinders banks from entering the digital asset market and seeks confirmation of the legality of partnerships with third parties. Regulatory changes under the new administration […]
President Donald Trump signed an executive order Monday calling for the creation of an American sovereign wealth fund—and Bitcoin investors are already seeing gold. Following Trump’s announcement that he’s now ordered the U.S. government to create a sovereign wealth fund within the next 12 months, Bitcoin advocates leapt with enthusiasm—taking the news as a signal […]
MicroStrategy has accumulated 2.243% of all Bitcoin, representing the largest public company Bitcoin holdings after a consistent buying strategy initiated in October 2024. The company temporarily halted its Bitcoin purchase streak but announced plans to raise additional funds through share issuance specifically to continue acquiring more Bitcoin. Share details include a US$100 liquidation value, potential […]
The recent market correction presents three exciting opportunities generating massive attention as cryptocurrency investors prepare for the next bull run: Ripple (XRP), Solana (SOL), and DTX Exchange (DTX). Although SOL and XRP were previous market leaders, their increasing development can give them a better valuation. However, one downside is their large market capitalization, which limits […]
TL;DR Pi Network now allows users to appeal name mismatches and enables minor phone number corrections to assist users in passing KYC verifications. Despite the constant delays and deadline extensions, the project surpassed 100M downloads, with South Korea, India, and other Asian countries emerging as strong community bases. Solutions for Struggling Users The controversial cryptocurrency […]
XRP is trading at $2.614 to $2.645 per coin over the last sixty minutes with a market capitalization of $152 billion, a 24-hour trade volume of $16.82 billion, an intraday price range between $2.25 and $2.78, and a gain of over 12% against the U.S. dollar in the past day. XRP The one-hour chart indicates […]
President Donald Trump could have already inked more than $800 million in income following the launch of his memecoin, according to Coinbase director Conor Grogan. The Official Trump (TRUMP) memecoin launched in mid-January a few days before Trump’s presidential inauguration. It is already the 40th-largest crypto asset by market cap. Grogan notes on the social […]