Massive Ethereum Staking Surge: 30 Million ETH Locked Up, What’s Driving the Craze?
crypto-economy.com

TL;DR The Ethereum staking market is experiencing significant growth, with over 30 million ETH deposited, valued at nearly $73 million at the current price, representing approximately 25% of the circulating supply. Lido Finance leads the staking market with over 9 million ETH deposited, around 32% of the total deposits. The merge was crucial for the […]

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MicroStrategy Aims to Become the World’s First Bitcoin Development Company
cryptonews.com.au

MicroStrategy acquired an additional 850 BTC in January, increasing its holdings to 190,000 Bitcoin, valued at over USD $8.4 billion. This makes the company a substantial investment option for those seeking Bitcoin exposure. Led by Michael Saylor, the software firm is pivoting to become a Bitcoin Development Company, aiming to innovate and leverage Bitcoin to […]

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Ark Invest Wants To Add Staking To Its Spot ETH ETF: Will The SEC Approve?
cryptopotato.com

Cathie Wood’s asset manager Ark Invest wants to bake staking into its proposed Ethereum Spot ETF – a feature that could revolutionize how the product is evaluated by Wall Street. In an amended S-1 application form filed on Wednesday, Ark included a lengthy passage about what the Ethereum network is and how it stays decentralization, […]

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Prometheum’s Ethereum Custodial Launch Puts SEC’s ETH Classification In The Spotlight
www.newsbtc.com

Prometheum, an “alternative” trading platform for crypto “securities” assets, has recently announced the launch of its custodial services for Ethereum (ETH). This move has significant implications for the legal status of the second-largest cryptocurrency by market capitalization.  Fortune Magazine reported that the company’s strategy is to compel regulators, particularly the Securities and Exchange Commission (SEC), […]

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One Solana Competitor Likely to Go ‘Much Higher,’ Says Top Crypto Trader – Here’s Why
dailyhodl.com

A closely followed crypto trader is remaining bullish on one Solana (SOL) competitor that’s put up big gains in recent months. Pseudonymous trader The Flow Horse tells his 200,300 followers on the social media platform X that the layer-1 blockchain Sui Network (SUI) will remain in an uptrend if it holds a key level as […]

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Trading for Polygon Ecosystem Token (POL) starts now in Canada
blog.kraken.com

We’re thrilled to announce that Polygon Ecosystem Token (POL) is now available on Kraken for residents of Canada! Funding and trading POL funding and trading are live. Add POL to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit.  Only deposit POL on Polygon. Deposits using other networks will be lost. […]

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South Korean authorities clamp down on <b>cryptocurrency</b> looters – LeapRate
www.google.com

Chainalysis data shows that cryptocurrency ransom attacks reached almost $1bn in losses in 2023. Achieved via malware, this type of looting uses …

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The EIA Emergency Information Collection Is Alarming
bitcoinmagazine.com

In mid-January, a massive winter storm swept across the United States, dropping temperatures in Central Texas into the low 20s and causing Texans to huddle indoors with their heaters running full blast. The Texas power grid creaks and groans when it’s put to the test during extreme weather events and sometimes it goes down leaving […]

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'Rich Dad Poor Dad' Author Kiyosaki Sounds Alarm Amid Bank Failures, Advocates Bitcoin as Parachute
u.today

Robert Kiyosaki warns of bank failures and champions Bitcoin as safe haven

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DNB Greenlights Kraken with VASP Registration: Opens Doors to Dutch Market
www.financemagnates.com

Kraken has achieved a milestone in its European growth strategy with the acquisition of a VASP (Virtual Asset Service Provider) registration from the Dutch Central Bank (DNB). This registration paves the way for Kraken to expand its operations into the Dutch market. Kraken’s European Growth Soars with Dutch Market Opportunities Brian Gahan, the Managing Director […]

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CHAINLINK PRICE ANALYSIS & PREDICTION (February 8) – Link Faces Rejection After Breaking Out Of An Accumulation Phase, Pullback Lies Ahead
nulltx.com

Chainlink recently broke out of an accumulation phase and is now up by 23% in seven days. It faced rejection and cooled off briefly. While the price remains strong, it may undergo a slight pullback to fuel a fresh increase. Following late January resurge from $13.3, Link climbed above the $15 level to tap $18.88 […]

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Chainlink Challenger Pyth Network Announces New Airdrop for Over 160 Dapps
dailyhodl.com

A rival of blockchain oracle provider Chainlink (LINK) is announcing a new airdrop for over 160 decentralized applications (Dapps). In a new blog post, data aggregating service Pyth Network (PYTH) says that it is launching the second phase of its Retrospective Airdrop plan, which gives all Dapps using data provided by Pyth free tokens. “Readers […]

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Massive Ripple (XRP) Move Incoming This Week? 2 Metrics to Keep an Eye On
cryptopotato.com

Ripple’s price has been trading within a relatively narrow range of around $0.50 for the past week, begging the question if there’s a massive move around the corner. From a technical perspective, there are two important metrics to keep an eye out for, but there’s also the fundamental side of things, so let’s have a […]

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SOL Price Breaks $100 – Why Solana Could Pump Another 10%
www.newsbtc.com

Solana is gaining bullish momentum above $100. SOL price is signaling a fresh increase and might rally further toward the $112 level. SOL price started a fresh increase from the $93.20 support against the US Dollar. The price is now trading above $98 and the 100 simple moving average (4 hours). There was a break […]

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BlackRock Dominates Billion-Dollar Bitcoin ETF Trading Day: What’s Driving the Surge?
crypto-economy.com

TL;DR BlackRock’s iShares Bitcoin Trust (IBIT) was the most traded Bitcoin ETF on February 7, 2024, with $341.2 million in volume, surpassing the $1 billion mark for the total Bitcoin ETF market. The IBIT offers investors spot exposure to Bitcoin, with low fees and premiums, and benefits from BlackRock’s reputation and scale as the world’s largest […]

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Frax Finance Unleashes Fraxtal: The Next Big Thing in Ethereum Layer 2 Networks
crypto-economy.com

TL;DR Fraxtal Launched: Layer 2 Network for Ethereum, Promising Scalability in DeFi. Innovation with Flox: Block incentive system to drive adoption and active use. Airdrop and Activation: Great rewards for veFXS holders and official launch of the Flox mechanism. The launch of Fraxtal, the Ethereum layer 2 network developed by Frax Finance, marks a significant […]

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Ethereum Successfully Deploys ‘Dencun’ Upgrade on Holesky Testnet
cryptonews.com.au

Ethereum’s ‘Dencun’ update has passed its final test before launch. The new update is set to bring proto-danksharding to the Ethereum network, aimed at improving L2 rollup efficiency. Faster transactions, lower fees and more developer flexibility are potential benefits of the Dencun upgrade. Testnets, like the three successfully trialled with Dencun, are crucial for ensuring […]

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Kraken secures VASP registration from Dutch Central Bank
blog.kraken.com

This registration will allow us to expand into an important European market and offer our industry leading products to Dutch clients. We are committed to growing our business in compliance with European regulations and have obtained a number of registrations over the past year. In addition to the Netherlands, we hold registrations in Spain, Italy […]

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<b>Cryptocurrency</b> scams cost Peterborough victims over $550K in 2023: police – Global News
www.google.com

Peterborough police say the most popular form of cryptocurrency fraud is investment scams that via ads on social media promise high returns on …

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Bitcoin ETF: A Decade Of Struggle For Legitimacy
bitcoinmagazine.com

The crypto revolution was finally taken to new heights when the SEC approved 11 Bitcoin spot ETFs in January 2024. Global investors flooded in like never seen before, adding almost $5 billion of inflows on the first day of trading. As a result, the crossover between traditional finance and digital assets is now firmly established, […]

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$50,000 Remains Key Level for Bitcoin: Trader
u.today

Bitcoin’s approach to the $50,000 mark has become a focal point for traders

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Bitcoin To Reach ‘Just Shy of $200,000’ in 2025, According to Top Analyst – Here’s His Outlook
dailyhodl.com

The trader who accurately called the crypto market crash of 2021 is predicting that Bitcoin (BTC) will soar to a massive value in 2025. Pseudonymous analyst Dave the Wave tells his 144,400 followers on the social media platform X that Bitcoin could come close to the $200,000 level in less than two years. “BTC just […]

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Filecoin’s (FIL) 16% Drop In A Month Makes Investors Buy Option 2 Trade (O2T) 100x Token
nulltx.com

The future of Filecoin (FIL) and the potential of Option2Trade (O2T) to achieve a 100x return are subjects of keen interest to investors. While Filecoin (FIL) may recover from its recent downturn, the growing interest in Option2Trade (O2T) and its innovative trading solutions suggests a bright future for the token. For investors navigating this shift, […]

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From Outage To Recovery: Solana Breaches $100 Barrier With Network Restart In Full Swing
www.newsbtc.com

Solana, the ambitious blockchain ecosystem, showcased its resilience in the face of adversity, experiencing a significant network outage that temporarily impacted its cryptocurrency value. The recent dip in SOL’s price, dropping to $93.36 during the outage, highlighted a challenging moment for the blockchain platform. However, the subsequent rapid recovery, with SOL currently trading at $101.80, […]

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Crypto Markets Add $60B Overnight as Bitcoin (BTC) Price Soars to Monthly Highs (Market Watch)
cryptopotato.com

After days and days of trading sideways around the $43,000 mark, Bitcoin finally made a move in the past 24 hours and soared past $44,000 for the first time since the ETF-induced declines in January. The alternative coins have also turned green, and the total crypto market cap added $60 billion in a day. BTC […]

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Tax software firm reveals average crypto investor gains for 2023 – TheStreet
www.google.com

The average cryptocurrency investor surveyed by CoinLedger made less than $1,000 in profit last year from selling digital assets, according to …

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Ethereum on the Cusp of Nearly 50% Rally, According to Crypto Analyst Michaël van de Poppe
dailyhodl.com

A widely followed crypto analyst is expressing bullish sentiment toward Ethereum (ETH), the second-largest digital asset by market cap. Crypto strategist Michaël van de Poppe tells his 691,900 followers on the social media platform X that Ethereum is ready to spark a run to $3,500, a price it hasn’t seen since April 2022. According to […]

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Crypto Analyst Predicts Surge for One Top-10 Altcoin Lasting up to Four Weeks, Updates Outlook on Tron (TRX)
dailyhodl.com

Cryptocurrency analyst and trader Ali Martinez says that one top-10 altcoin by market cap is flashing a bullish signal after a weeks-long downtrend. Martinez tells his 43,600 followers on the X social media platform that XRP is “poised for an upswing” that could last “one to four weeks” based on the Tom Demark (TD) Sequential […]

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Aave’s Game-Changing Milestone: GHO Stablecoin Reaches $1
crypto-economy.com

TL;DR Aave’s GHO Stablecoin Reaches $1: Aave’s GHO stablecoin has achieved parity with the US dollar, marking a significant milestone in the decentralized finance (DeFi) sector. Impact on the DeFi Landscape: The achievement of dollar parity signifies a level of stability that makes GHO a more viable option for transactions. Future of Aave and DeFi: […]

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Is Ethereum Considered a Security? Prometheum Thinks So
cryptonews.com.au

Ethereum could soon be classified as a digital asset security, a concept originally highlighted by former SEC Chair Jay Clayton. Prometheum, a New York-based company, is strategically pushing for ETH to get this classification through its plan to launch custodial services for ETH. This would position the company advantageously in the market and possibly prompt […]

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Solana's Shiba Inu Rival WIF Listed by Major Exchange
u.today

Veteran cryptocurrency exchange Bitfinex adds WIF/USDT and WIF/USD pairs to its service

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SEC Hits TradeStation Crypto with $1.5 Million Penalty over Unregistered Services
www.financemagnates.com

The Securities and Exchange Commission (SEC) has charged TradeStation Crypto, Inc., a Florida-based company, for failing to register the offer and sale of a crypto lending product. TradeStation Crypto has agreed to pay a penalty of $1.5 million to settle the charges concerning this interest-earning feature on crypto asset accounts. TradeStation Crypto’s Lending Product TradeStation […]

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