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Bitcoin ETFs Trigger Massive Miner Outflows, Over $1 Billion Moved to Exchanges
6.2.2024
Bitcoin miners reportedly sell their asset reserves or leverage them to upgrade their capacity as inflows to cryptocurrency exchanges continue. A new report from Bitfinex Alpha Market shows Bitcoin ETF approvals by the United States Securities and Exchange Commission (SEC) impacted miners’...
Solana’s Jupiter Airdrop Allegedly Leaked: A User Received Almost $1 Million Using 9,246 Wallets
6.2.2024
The recent airdrop of JUP, the token of the Solana native Jupiter exchange, was allegedly gamed by an individual who avoided established controls. An unknown airdrop hunter received 1.85 million JUP (almost $1 million) using over 9,000 wallets for this task, with some users presuming an insider...
This AI Will Invest for You in the Markets and Trade for You on coins such as MANTA, Bitcoin, JUPITER, Solana and Ether to automatically grow your capital..
6.2.2024
Smart Diversification as a Hedge Against Uncertainties. Invest in Stocks, Forex and Crypto Stress-Free with this All-in-One AI Trading Platform Smart Diversification as a Hedge Against Uncertainties. As the financial landscape undergoes continuous evolution, performing in emerging markets means...
Solana NFT Sales Drop 80%, Bybit’s New Inscriptions Marketplace + More NFT News
6.2.2024
The non-fungible token (NFT) market has seen a significant drop today. The sales volume has dropped 25.2% in 24 hours to $25,976,386. Also, buyers are down 21.3%, sellers 12.75%, and transactions 34.2%. Among the top 10 collections per sales volume, Gods Unchained Cards increased the most: 11,113%...
DeFi TVL Reaches $60 Billion, Highest Level Since August 2022
6.2.2024
The decentralized finance (DeFi) sector is experiencing a surge in popularity, with the total value of tokens (TVL) deposited on DeFi-focused blockchains reaching $60 billion. This marks the highest level since August 2022, according to data provider DeFi Llama. The recent increase in TVL can...
First Mover Americas: Bitcoin Could Drop in the Short Term
6.2.2024
The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Binance Welcomes Back Steve Christie as Deputy Chief Compliance Officer
6.2.2024
Binance has welcomed back Steve Christie, its former Senior Vice President of Compliance, as Deputy Chief Compliance Officer. Binance Bolsters Compliance Team, Welcoming Steve Christie Back to Leadership Role Cryptocurrency exchange Binance has announced the return of Steve Christie, its former...
Why this coin could surpass Bitcoin, Solana, and XRP in 2024?
6.2.2024
Given that the crypto market is full of surprises, it is not such a rare phenomenon that young coins sometimes succeed in achieving incomparably better results than their “older colleagues”. Such surprises are certainly the most common among meme coins because certain meme coins often...
Bitcoin Infrastructure Builder Bitlight Labs’ Seed Round Led by Gate Ventures, Gate.io’s VC Arm
6.2.2024
Feb 6th, Panama City – Gate Ventures, the venture capital arm of the Gate.io crypto exchange, recently led the seed round for Bitlight Labs, an innovative blockchain solutions provider utilizing RGB protocols to transform the Bitcoin ecosystem, bringing Layer 2 smart contract technology...
High Court calls Craig Wright’s Bitcoin claims a brazen lie
6.2.2024
Craig Wright came out in 2016, claiming he was Satoshi Nakamoto, the one to invent Bitcoin. The crypto community has been skeptical about it since then, and the real face behind the pseudonym remains unknown. The Crypto Open Patent Alliance, also known as COPA, has filed a case to seek a ruling...
Bernstein Analysts Predict Bitcoin Price Will Reach $70,000 This Year, Say There Are “No Headwinds”
6.2.2024
Analysts at investment firm Bernstein expect Bitcoin (BTC) to resume its upward trajectory, surpassing its previous all-time high of $69,000 and potentially reaching $70,000 this year. The analysts expressed confidence in the cryptocurrency’s risk-reward profile, stating that no significant...
Hong Kong Securities Regulator Issues Warning to Unlicensed Virtual Asset Trading Platforms
6.2.2024
The region’s securities regulator has said that Hong Kong crypto investors must only use or trade on approved virtual asset trading platforms. The regulator urged crypto investors using platforms not featured on its two lists to close accounts or transfer funds to licensed entities. Verifying...
Bitcoin ETFs Pose Risk for Coinbase Stock, Leverage Shares Says
6.2.2024
COIN was one of the best-performing stocks in 2023, but has dropped by almost a third since the start of 2024
Egypt Aims to Ease Pressure on Forex Reserves via $1 Billion Treasury Bill Auction
6.2.2024
Barely a month after raising $850 million from an auction of dollar-denominated treasury bills, the CBE was reportedly poised to raise $1 billion via similar instruments. The decision to hike overnight interest is said to be part of the central bank’s ongoing efforts to stabilize Egypt’s...
WisdomTree ‘Very Close’ to Securing New York License for Crypto Services: Fox Business
6.2.2024
WisdomTree, known for its spot Bitcoin exchange-traded fund (ETF), is reportedly finalizing efforts to secure a license from the New York Department of Financial Services (NYDFS). WisdomTree to Get Limited Purpose Trust Charter According to Fox Business reporter Eleanor Terrett, the NYDFS is nearly...
Tether Launches Tether Edu, Expands Educational Initiatives in Emerging Markets
6.2.2024
Tether, the largest stablecoin company, has announced the launch of Tether Edu, an initiative that will concentrate all of the global educational and learning programs of the institution. Tether Edu will focus on emerging markets, offering courses and hybrid programs in blockchain, artificial...
Janet Yellen Calls for Crypto Regulation in Congressional Testimony, Citing Financial System Risks
6.2.2024
Treasury Secretary Janet Yellen, in her forthcoming appearance before the House Financial Services Committee, is set to emphasize the potential dangers the cryptocurrency industry presents to financial stability, advocating for legislative action to regulate digital assets effectively. Treasury...
Could this $0.1 token be the next big thing after Solana (SOL)?
6.2.2024
The world of cryptocurrencies is ever-evolving, with new projects and tokens constantly emerging, each vying for a chance to become the next big success story. While established cryptocurrencies like Bitcoin and Ethereum continue to dominate the market, newer tokens have been making waves...
Bitcoin Price Prediction: BTC Consolidates Near $42,830 Amid Cathie Wood’s Gold Comparison
6.2.2024
Bitcoin price prediction; February 6, 2024 Bitcoin price prediction remains bullish as BTC‘s climb to $42,830 ignites discussions, with Cathie Wood championing it as the new gold, reshaping investment strategies in the digital age. Market sentiment appears cautiously optimistic as influential...
Brazilian Tax Authority Reports Bitcoin Irregularities in Over 25,000 Statements
6.2.2024
The Brazilian tax authority has reported identifying cryptocurrency irregularities in more than 25,000 tax statements. After a country-wide investigation, the institution detected that 25,126 individuals who possessed at least 0.05 BTC failed to include these holdings in its income tax statements...