Bitcoin Price Punches Above $48,000 Amid Strong ETF Inflows, Bullish Seasonality, Fading Miner Sell Pressure, US Equity Upside
9.2.2024
Bitcoin Price Punches Above $48,000 / Source: Dalle-3 The Bitcoin price topped $48,000 briefly on Friday for the first time since the first day following spot Bitcoin ETF launches on the 11th of January, and was last up close to 5.0% on the day. Bitcoin (BTC) bulls have taken decisive control...
Arthur Hayes Argues for ‘Points’ System Instead of ICOs for Crypto Fundraising
9.2.2024
Due to growing regulatory challenges and concerns surrounding ICOs (Initial Coin Offerings) in the crypto industry, BitMEX CEO Arthur Hayes proposed a crypto ‘points’ system as an alternative on February 9. Hayes shared his latest idea in a blog post called ‘Points Guard,’ emphasizing...
New York Attorney General Triples Fraud Allegations Against DCG to Over $3 Billion
9.2.2024
New York Attorney General Letitia James has escalated the state’s legal action against Digital Currency Group (DCG), tripling the estimated size of the alleged fraud to over $3 billion. This development follows a prolonged investigation by James’s office, which uncovered additional...
Web3 Importance Highlighted in Alex Tapscott’s New Book
9.2.2024
A research report published by Spherical Insights & Consulting found that the global Web3 market size was valued at $1.82 billion in 2022. According to the report, this number is expected to reach $67.92 billion by 2032. Yet while the potential behind Web3 is massive, confusion remains when...
Dragon Year Awakening — Bitcoin Proponents Eye Bull Market Surge Amidst Zodiac Predictions
9.2.2024
As we usher in the Year of the Dragon this coming weekend on Feb. 10, 2024, per the Chinese zodiac, a significant swath of cryptocurrency enthusiasts are optimistic that bitcoin is on the cusp of a substantial bull market. This optimism is rooted in the Dragon year’s traditional association...
Best Crypto to Buy Today February 9 – BONK, BEAM, SUI
9.2.2024
As Bitcoin (BTC) cruises towards $48,000 and leads a broad crypto market rally, higher risk-tolerant crypto investors are scouring the smaller cap altcoins markets on the hunt for the best crypto to buy now. Bitcoin is up 6% in 24 hours after strong inflows into newly launched spot Bitcoin ETFs...
Hong Kong’s SFC Issues Warning on MEXC for Alleged Crypto Fraud
9.2.2024
Hong Kong’s Securities and Futures Commission warned the public of an allegedly fraudulent crypto exchange today. In an announcement published on its website, the SFC noted that an organization operating under the name MEXC was posing as a legitimate crypto exchange. MEXC’s Crypto Fraud...
Optimism to Halt ETH Withdrawals for Testing Upgraded Incident Response System
9.2.2024
On February 15, the Optimism network will suspend ETH token withdrawals to test an updated security response system. Withdrawals will not be possible for one hour, the developers said. According to the announcement, ETH withdrawals from Optimism’s Level-2 network to the main Ethereum network...
Life changing $888k to be won with Option2Trade (O2T), Pyth Network (PYTH) investors get in on the action
9.2.2024
In a bold move that has captured the attention of the crypto world, Option2Trade (O2T) has launched an unprecedented $888k giveaway, setting the stage for what could be a life-changing event for many. As word spreads, investors from across the spectrum, including those from the Pyth Network...
New York Expands Fraud Case Against Digital Currency Group to $3 Billion
9.2.2024
New York Attorney General Letitia James has amplified its fraud case against Digital Currency Group (DCG), now saying the company is responsible for $3 billion in investor losses tied to the Gemini Earn product and to direct investments with Genesis, according to a new court filing
Australian Federal Court Rules Against Block Earner for Unlicensed Financial Services Conduct
9.2.2024
An Australian federal court has determined that fintech company Block Earner engaged in unlicensed financial services conduct by offering its crypto-backed Earner product. The Federal Court finds fintech company Block Earner engaged in unlicensed financial services conduct when offering...
Dymension Price Doubles After Airdrop as New Meme Coin Surges to $8.8 Million in Funding
9.2.2024
Following a successful DYM airdrop, promising IBC roll-ups project Dymension Network has seen price of native DYM token double. This article will provide an analysis of DYM’s current price trends and look to see whether a newer meme coin, Meme Kombat, represents a more promising investment...