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Data Signals Imminent Altcoin Season Amid Steady Bitcoin Dominance


Several analysts on microblogging platform X have recently highlighted different data points indicating that altcoin season (altseason) could soon be upon us. On February 15, trader/analyst Rekt Capital (@RektCapital) shared a projections chart to suggest that Bitcoin’s current dip could...

Michael Saylor Says There Is No Reason to Sell Bitcoin Anytime Soon


MicroStrategy executive chairman and co-founder Michael Saylor says he is not planning to sell any of his Bitcoin anytime soon, in an interview with Bloomberg’s Katie Greifeld on Tuesday.  The post Michael Saylor Says There Is No Reason to Sell Bitcoin Anytime Soon appeared first on Cryptonews

Japanese Government Plans to Relax VC Crypto Investment Rules


VC crypto investment rules could be relaxed in Japan, where the government plans to allow venture capital firms to invest in Web3 companies. Per an official release from the nation’s Ministry of Economy, Trade, and Industry, and the media outlet CoinPost, the cabinet has approved a move that could...

China to Revise AML Law to Address Risks Associated with Virtual Assets


China is set to revise its outdated Anti-Money-Laundering (AML) law in a bid to tackle the increasing risks associated with virtual assets. The draft amendment, discussed at a State Council meeting chaired by Chinese Premier Li Qiang, will soon undergo review by the national legislature, according...

$WEN Sheds More Than Half Its Value as $GFOX Hype Grows Stronger


As one of the top Solana-based meme coins, $WEN gained a lot of attention before its airdrop. The expectation drove the memecoin’s price to rise quickly after its launch. However, just as soon as its price rose, it plunged, losing more than half of its value in the process. Meanwhile, Galaxy...

Solana Back Online After 5-Hour Service Disruption


Operations on the Solana network have resumed following a minor disruption on Tuesday. Commencing at 09:53 UTC, the outage persisted for some 5 hours. The Solana team said it is investigating the root cause and will soon share its report on the matter. Block production on Solana mainnet beta...

What Influences Spot Ether ETF Approval?


After the buzz around Bitcoin spot ETFs, all eyes are on a possible Ethereum ETF. The SEC has already delayed decisions on applications from Grayscale and Blackrock. Meanwhile, Fidelity’s proposal, submitted in November, faces a crucial March deadline. But, what are the chances of these...

TD Cowen Sees Slim Chances for Spot Ethereum ETF in 2024


TD Cowen doesn’t expect a Spot Ethereum ETF will be approved anytime soon, citing “no upside” for SEC Chair Gary Gensler. Following Bitcoin spot fund approvals, an Ethereum spot ETF is the next expected milestone in crypto markets. On Monday, analysts led by Jaret Seiberg said they do not expect...

Blockchain Games Reigned Supreme in 2023 + More Crypto News


Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: Banxa Brings Fiat On-Ramps to Sui, Off-Ramps Coming Soon 2023 Crypto News: Blockchain Games Reigned Supreme Last Year Neo Opens Hong Kong Office...

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