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Bitcoin Price Climbs Above $46,000 with Support from Latest ETF Inflows
9.2.2024
Bitcoin (BTC) rose above $46,000 on Friday, hitting its highest level in a month. The cryptocurrency’s recent surge is driven by steady inflows into various spot-based US funds and anticipation surrounding April’s halving event. It last traded around $46,246, and is up 7.3% in the last week....
Shareholder Sues Crypto Mining Firm Over Unrealistic Pre-IPO Claims
6.2.2024
A shareholder sued crypto mining firm Stronghold’s senior officials, claiming that they made impractical pre-IPO pledges. Glenn Bruno’s Friday complaint targets Stronghold’s officers and directors for alleged legal violations between July 2021 to March 2022. The violations include breaches...
Top Crypto Gainers Today on DEXTools – POP, INEDIBLE, BEBE
5.2.2024
Top Crypto Gainers Today on DEXTools A surging US Dollar Index (DXY) and rising US government bond yields on Monday in wake of fresh hawkish commentary from the US Federal Reserve Chair Jerome Powell over the weekend and last Friday’s bumper US jobs report is capping gains in major cryptocurrencies...
Best Crypto to Buy Now February 5 – ENS, GNO, LINK
5.2.2024
ptoA surging US Dollar Index (DXY) and rising US government bond yields on Monday in wake of fresh hawkish commentary from the US Federal Reserve Chair Jerome Powell over the weekend and last Friday’s bumper US jobs report is capping gains in major cryptocurrencies on Monday, though Ethereum Name...
NFT Artist Ryder Ripps Must Dish Out $9M to Yuga Labs
5.2.2024
NFT artist Ryder Ripps and associate Jeremy Cahen must pay Bored Ape Yacht Club (BAYC) developer Yuga Labs nearly $9m in profit disgorgement. Both have been permanently banned from using the BAYC identifier in any logos or trademarks, a final court judgment on Friday showed. Additionally,...
Best Crypto to Buy Today Feb 2 – ROSE, PENDLE, FLR
2.2.2024
With blue-chip cryptocurrency markets choppy on Friday following the release of a bumper US jobs reports that saw macro traders pare back on Fed rate cut bets, Oasis Network (ROSE), Pendle (PENDLE) and Flare (FLR) are the best performers, making them the likely best crypto to buy today. Bitcoin...
Biggest Crypto Gainers Today on Uniswap – DORK, GME, BEBE
2.2.2024
With blue-chip cryptocurrency markets choppy on Friday following the release of a bumper US jobs reports that saw macro traders pare back on Fed rate cut bets, $DORK, $GME and $BEBE are the biggest crypto gainers today on decentralized exchange Uniswap. Bitcoin (BTC) swung either side of $43,000...
GameFi Star Meme Kombat Hits $8 Million Raise As ICO Heads for Sellout
2.2.2024
Friday, February 2nd, 2024 – Meme Kombat ($MK) has raised nearly $8 million for its battling iGaming ecosystem, which will see meme characters go toe-to-toe in its battling arena. The Web3 gaming platform is a first-of-its-kind offering as far as meme battling goes. But the innovation doesn’t stop...
BlackRock’s Spot Bitcoin ETF Now Holds $3 Billion in BTC
2.2.2024
Source: DALL·E BlackRock’s recently launched iShares Bitcoin Trust (IBIT), a spot Bitcoin ETF, just hit a new milestone. As of Friday, it holds just over 70,000 BTC tokens, worth just north of $3 billion at the current Bitcoin price around $43,200. ???? JUST IN: BlackRock now holds 70,005 $BTC...
Bitcoin’s Mining Difficulty Skyrockets by 7.33%, Setting New Record for 2024
2.2.2024
On Friday, Feb. 2, 2024, the Bitcoin network witnessed a significant milestone as its mining complexity metric surged by 7.33% at block height 828,576. This marked the most substantial increase in difficulty for the year thus far. The current level of difficulty stands at 75.50 trillion...
Bitcoin Technical Analysis: BTC’s Price Resilience Holds Steady Amidst Market Fluctuations
2.2.2024
On Friday, the price of bitcoin fluctuated within a daily span from $41,937 to $43,347, with its market value reaching $846 billion. The trading activity for the day tallied up to $17.35 billion, showcasing a spike in investor involvement and market liquidity, which tends to diminish as the weekend...
Bank of Japan Holds First CBDC Meeting with Key Finance Officials
29.1.2024
Japan’s central bank and the Finance Ministry reportedly had their first meeting to discuss a potential central bank digital currency (CBDC) on Friday. Local outlet NHK News reported that executives from relevant ministries and central bank directors discussed issues regarding a CBDC. The Ministry...
New Solana Meme Coin ‘WEN’ Airdropped to 1 Million Wallets – Here’s How to Check Eligibility
27.1.2024
WEN, a new Solana meme coin, has gained significant traction after being airdropped to over a million wallets. The airdrop, which took place on Friday morning, was facilitated through the decentralized exchange (DEX) aggregator Jupiter, as part of a large-scale test of its new launchpad. Jupiter...
Crypto Stocks Surge as Analyst Says ‘Not The Time to Turn Bearish’ on Bitcoin
26.1.2024
Bitcoin’s recovery has relieved investors as crypto stocks also post gains. Image by rybindmitriy, Adobe Stock. The crypto market experienced whiplash this week, with Bitcoin and related crypto stocks seeing a sharp selloff followed by a big rebound. After falling below $39,000 early in...
Is Bitcoin Going To Zero As Grayscale Sends 10,000 BTC To Coinbase – Best Altcoins To Invest In Right Now
26.1.2024
Investors are fretting over whether Bitcoin might be going to zero, as digital asset management firm Grayscale continues to dump BTC on the market from its Grayscale Bitcoin Trust (GBTC) ETF. Just on Friday, Grayscale sent another $400 million worth of BTC to Coinbase to be sold, crypto analyst...
Cardano Price Prediction as 10,000 New Smart Contracts Added – Can ADA Overtake Solana?
26.1.2024
The Cardano (ADA) price is rebounding on Friday after hitting multi-month lows earlier in the week under $0.45. The rebound mostly reflects an upturn in prices across the broader crypto market. Bitcoin (BTC) was up more than 5% in the past 24 hours, as per CoinMarketCap. The Cardano price was last...
9 Newly Launched Bitcoin ETFs Amass 132,170 BTC With Blackrock and Fidelity Commanding 70% of Total Holdings
26.1.2024
At 10:30 a.m. Eastern Time (ET) on Friday, Grayscale’s GBTC reported a decrease of 10,871.56 bitcoin from its holdings compared to Thursday. In contrast, since its inception on Jan. 11, 2024, Blackrock’s IBIT has accumulated a total of 49,952.32 bitcoin worth $1.98 billion....
Hong Kong Financial Watchdog Cautions Against Floki, TokenFi Staking Schemes
26.1.2024
On Friday, Hong Kong’s securities regulator cautioned investors against “suspicious” staking schemes tied to Floki and TokenFi. Both tokens within the Floki ecosystem offer crypto staking. They claim yearly returns of between 30% and 100%, the Securities and Futures Commission...
OKX to End Crypto Mining Pool-Related Services Over Realignment
26.1.2024
Centralized crypto exchange OKX said on Friday that it will soon shut down its Mining Pool and related services due to business adjustments. New user registrations for the Mining Pool will no longer be accepted starting Jan. 26. Meanwhile, existing users can continue to use the service until Feb....
FTX to Face Independent Investigation, Federal Appeals Court Rules
22.1.2024
An independent bankruptcy examiner must complete an investigation into the collapse of FTX, a federal appeals court ruled Friday. In violation of U.S. bankruptcy code The ruling, delivered by the Third Circuit Court of Appeals in Philadelphia, argues that to not appoint an independent examiner...