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Bitcoin Price Prediction as Bulls Target $47,000 Level – Time to Buy?
8.2.2024
The quest for a robust Bitcoin price prediction intensifies as market bulls eye the $47,000 threshold. Currently, Bitcoin hovers around $44,500, climbing by 0.50% on February 8, signaling a potential pivot in investor sentiment. This resurgence follows Bitcoin’s halt of a downward spiral...
South Korean Altcoin Execs Released on Bail
8.2.2024
Two South Korean altcoin executives were freed on bail on February 7 pending a fraud trial. Prosecutors think the executives manipulated token prices to defraud investors. Per Newsis, the Seoul Southern District Court released Pica Project/Pica Coin co-chairs Song (aged 24) and Seong (aged 45)....
Scaramucci Urges Crypto Community to Support Biden Over Trump at Digital Assets Event: Report
7.2.2024
Former White House Director of Communications Anthony Scarmucci urged the crypto community to support current President Joe Biden over Republican frontrunner Donald J. Trump during a February 1 appearance at a Duke University digital assets event. Scaramucci Warns Trump is Bad for Crypto According...
Stephen Chow’s “Nobody” NFTs Reach 10,000 ETH in Trading Volume
7.2.2024
Hong Kong movie director Stephen Chow launched an NFT collection titled “Nobody” on February 1 which has already reached nearly 10,000 ETH in trading volume on Opensea. At the time of writing, the collection has experienced trading activity of over 9,878 ETH (~ $22.8 million) with a daily volume...
COPA Trial: Craig Wright Claims Documents Were Forged, Lawyers Cross-Examine
7.2.2024
The ongoing legal issues between Bitcoin Satoshi Vision (BSV) founder Craig Wright and Bitcoin developers have turned even more sour. According to a February 4 court filing by the Crypto Open Patent Alliance (COPA) legal team, several documents Wright submitted as evidence of his ownership of...
OKX Breaks Into Argentina With Wallet And Crypto Exchange
7.2.2024
OKX launched localized trading services in Argentina on February 7 to provide Argentinians access to the non-custodial OKX Web3 Wallet. This development will establish a secure gateway for managing DeFi, trading NFTs, accessing dApps, and more in one of Latin America’s largest crypto markets...
Best Crypto to Buy Now February 7 – Dymension, Synthetix, Conflux
7.2.2024
While blue-chip crypto markets are choppy mid-way through the US trading session, the best-performing names today are smaller altcoins Monero (XMR), Dymension (DYM) and Conflux (CFX), which could be the best crypto to buy now. Bitcoin (BTC) hit new one-week highs in the $43,600s and is preparing...
Bitcoin Miner CleanSpark Purchases Four Mining Facilities, Set to Double Hash Rate
7.2.2024
Bitcoin miner CleanSpark announced in a February 6 press release that it had acquired four new mining facilities: three facilities in Mississippi and one facility in Dalton, Georgia. With these acquisitions, CleanSpark is set to double its hash rate in the first half of 2024, the company noted...
New Solana Meme Coin Smog Explodes Onto Jupiter DEX With Airdrop Campaign
7.2.2024
Wednesday, February 7, 2024 – In a landmark launch for the Jupiter DEX, a new Solana meme coin called Smog (SMOG) has been revealed via a fair launch ahead of an upcoming major airdrop event.Much to the excitement of JUP holders and traders on the fresh-faced Jupiter DEX, the new Smog token...
European Markets Org Praises Bank of England On UK Stablecoin Rules
7.2.2024
Today, the Bank of England extended the deadline for citizens to provide feedback on its proposed regulatory regime for UK stablecoins from February 6 to February 12. The central bank’s discussion paper focused on rules for sterling-denominated stablecoins, which it believes are the most likely...
Promising new NFTs: DogeBirds, Moonbirds on Dogecoin
7.2.2024
Dogebirds: Going to fly to the moon? Dogebirds is a new collection of Moonbirds registered on the Dogecoin blockchain. It’s a winning combo. Its launch is eagerly awaited, and is scheduled for early February on the reference site drc-20.org: https://drc-20.org/launchpad You can find their...
Another $2.5m Max Win on Bitcasino as It Celebrates 10-Year Milestone
7.2.2024
PRESS RELEASE. February 7th, 2024, London, UK — The huge, max win prize dropped on Gates of Bitcasino, an exclusive game from Pragmatic Play created for Bitcasino players. Gates of Bitcasino is based on the classic slot title Gates of Olympus™. Lightning Strikes Twice This latest win comes hot...
US Judge Approves Sealed Settlement Between BlockFi and Three Arrows Capital
7.2.2024
A United States judge has given approval to a sealed settlement that resolves the claims and disputes between crypto lender BlockFi and defunct crypto hedge fund Three Arrows Capital (3AC). Judge Michael Kaplan approved the settlement during a hearing on February 6th in the New Jersey Bankruptcy...
Belarus Sanctions ‘Antidote?’ Minsk Confirms ‘Blockchain-powered CBDC’ Launch
7.2.2024
Minsk is looking for ways to end Belarus’ sanctions woes, with its central bank confirming the planned launch of a blockchain-powered CBDC. Per Sputnik Belarus, the National Bank of Belarus (NBB) is keen to make use of smart contract technology. A spokesperson told reporters on February 3: “We plan...
Steve Wozniak Labels Bitcoin ‘Safe, Stable, and Conservative’ Amid Growing Legacy Adoption
6.2.2024
In line with the rising trend of the legacy tech and finance industries’ adoption of the top cryptocurrency, Apple co-founder Steve Wozniak labeled Bitcoin as a safe bet in a February 6 podcast. Speaking in the Wildride podcast posted on X (formerly Twitter), the Apple co-founder echoed...
Ronin Token (RON) Rally Holds Strong Despite Volatility After Binance Listing
6.2.2024
Ronin, the gaming blockchain developed by Sky Mavis, the creator of Axie Infinity, has demonstrated resilience in its token (RON) performance despite facing initial turbulence while listing on the crypto exchange Binance. On February 5, Ronin token prices experienced significant volatility...
FTX-linked Farmington State Bank Cleared from Federal Reserve Enforcement Action
6.2.2024
The Federal Reserve terminated an enforcement action with Farmington State Bank on February 6, announcing that the FTX-affiliated bank had “completed its wind-down plan and no longer functions as a bank.” “The Board’s enforcement action, which has been in effect since July 2023, ensured the bank’s...
Trump-Related Tokens Surge 100% Amid Widespread Appeal Amongst Americans
6.2.2024
Several Donald Trump-related tokens have experienced a 100% surge in price in the past 24 hours across various blockchains, following a February 6 announcement by Mechanism Capital. Mechanism Capital, an investment firm in the cryptocurrency industry focusing on decentralized finance, declared...
Former Terra Development Team Leader Testifies Against Do Kwon
6.2.2024
On February 5, reports emerged from the Korean daily newspaper Chosun, detailing how a former Terra development team leader had come forward with testimony challenging Terra founder Do Kwon. According to the newspaper, the 14th Criminal Division of the Seoul Southern District Court examined...
Best Crypto to Buy Now February 6 – Dymension, Ethereum Name Services, Pendle
6.2.2024
Major cryptocurrencies are nudging higher on Tuesday but remain largely within recent ranges as investors monitor fresh commentary from Fed policymakers, who continue to hint at rate cuts later this year so long as inflation keeps easing, while Dymension (DYM), Ethereum Name Service (ENS)...