The US Securities and Exchange Commission (SEC) officially closed its investigation into Uniswap Labs without taking enforcement action, according to a Feb. 25 statement. The investigation, which began over three years ago, centered on allegations that Uniswap Labs operated as an unregistered broker, exchange, and clearing agency and issued an unregistered security. Uniswap Labs characterized …
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Binance CEO Richard Teng said the recent 8% decrease in crypto’s total market cap represents a tactical retreat rather than a structural trend reversal. In a Feb. 25 social media post, Teng noted that historical data suggests that crypto markets, like traditional financial assets, react to macroeconomic shifts but demonstrate strong resilience over time. He …
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Bitdeer Technologies Group reported a $531.9 million net loss for Q4 2024 as it invested heavily in proprietary mining hardware development, including $243.4 million in payments to chip manufacturer Taiwan Semiconductor Manufacturing Company (TSMC), while targeting a self-mining hashrate of 40 exahash per second (EH/s) by late 2025. Strategic ASIC Push Drives Bitdeer’s $532M Q4 …
Chainflip, a decentralized cross-chain service and market maker, is implementing an upgrade to block illicit funds, specifically those from the recent Bybit hack. Hacked Funds Expose LPs to Excessive Risk Market maker Chainflip has announced it will proceed with a plan to enable interfaces to block illicit flows within the Chainflip protocol. Specifically, the market …
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Market sentiment remains uncertain with bitcoin falling below $90,000 for the first time in a month, triggering over $200 million in liquidations. Bitcoin Drops Below $90,000, Triggers $200 Million in Liquidations QCP Insights’ latest report analyzed the effect of bitcoin dipping below $90,000 for the first time in a month and triggering over $200 million …
Continue reading “QCP Insights: Bitcoin Slips Under Key Support As Market Faces Tariff Uncertainty”
Bitcoin traded at $86,473 at 2:25 p.m. ET on February 25, 2025, with a market capitalization of $1.72 trillion, a 24-hour trade volume of $98 billion, and an intraday price range between $85,953 and $94,587. Bitcoin BTC’s hourly chart reflects significant downward momentum, with bitcoin recently hitting a high of approximately $96,492 before reversing sharply. …
Continue reading “Bitcoin Price Analysis: Bulls on the Brink as $85K Support Weakens”
Two days prior, the Bybit exploiter retained custody of 449,395.23 ethereum (ETH), yet within a 48-hour window, the actor relocated 71,862.63 ETH—valued at $173 million—across decentralized ledgers. Bybit Launches Lazarusbounty.com Amidst a climate of crypto volatility, the assailant has orchestrated a whirlwind of high-volume ether transactions. For instance, during the drafting of this analysis, 91.75 …
As bitcoin dipped on Monday and into Tuesday, Peter Schiff—a vocal economic pundit and longtime BTC skeptic—leveraged the digital asset’s decline to lob a critique at Strategy’s Michael Saylor and the cryptocurrency’s volatility. Schiff Goes After Saylor’s Bitcoin Moves Schiff, whose disdain for bitcoin is well-documented, framed the moment as a poetic rebuttal to its …
Solana price is 50% down from its all-time high as traders seek greener pastures on other blockchains.
A Solana price recovery could lag Bitcoin and altcoins. Cointelegraph explains why
Venture capitalist Chris Burniske says that the current dip in digital assets is typical of any bull market cycle. In a post on the social media platform X, Burniske, the former head of crypto at Cathie Wood’s ARK Invest and current partner at Placeholder, points out other corrections in the 2021 bull market cycle that …
Montana lawmakers shot down a bill that would have enabled the state government to invest in Bitcoin (BTC) as a reserve asset. Forty Republicans and one Democrat in Montana’s House of Representatives voted for the bill, but 41 Democrats and 18 Republicans rejected it. The bill, which passed a committee vote last week, would have …
Lawmakers from a second US state this week have rejected a bill proposing using Bitcoin (BTC) as an officially held state asset. South Dakota lawmakers voted on Tuesday to defer South Dakota HB1202, essentially putting down the proposal. The bill was deferred to the 41st legislation day of the 40-day session. The bill was sponsored …
Digital assets markets are plummeting following Bitcoin’s (BTC) loss of the $90,000 level and subsequent collapse to $86,141, triggering severe corrections in most altcoins as well. According to crypto data aggregator CoinGlass, there have been over $1.58 billion in liquidations in the last 24 hours, most of them leveraged long positions in Bitcoin. The market …
A billion-dollar bank is now being sued after more than $200,000 vanished from a dead man’s account, according to a new report. The estate of the late John Lindy Steward is suing FirstBank for allegedly refusing to reimburse a series of unauthorized transfers from his account – despite the bank being promptly notified of Steward’s …
