JPMorgan Chase, Wells Fargo and Bank of America say they’ve lost $5.188 billion from customers who have been declared unable to pay their bills. The banks outlined the Q4 losses in “net charge-offs” statements, revealing loans that the banks have declared as uncollectible and removed from their books after exhausting efforts to recover the owed …
Monthly archives: February 2025
New IP-Focused Altcoin Surges 164% in First Week Amid Launch of Research Collaboration With Stanford University
The brand-new native token of a layer-1 blockchain focused on intellectual property (IP) has skyrocketed by 164% in price in its first week of existence. Story (IP) launched on February 13th at the listing price of $2.26 and is now trading at $5.98 at time of writing. It’s already the 71st-largest crypto asset by market …
Is It Time To Buy XRP? TD Sequential Says Yes
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been …
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Panic Or Opportunity? Dogecoin Whales Liquidate 100 Million Coins
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits …
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Dogecoin Road To ATHs: Why $0.28 Is The Next Major Milestone For A Breakout
Este artículo también está disponible en español. Crypto analyst Dima Potts has provided insights into the current Dogecoin price action. In his analysis, Potts highlighted the $0.28 price level as being the next major milestone for DOGE as it eyes a breakout on its way to a new all-time high (ATH). Why $0.28 Is The …
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North Korean Lazarus Group Identified As Culprit In Bybit’s Historic $1.5 Billion Hack
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this …
Coinbase CEO’s Hot Take: Bitcoin Is Basically A ‘Meme Coin’
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits …
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SEC drops investigation into NFT marketplace OpenSea
OpenSea founder Devin Finzer announced that the SEC is closing its investigation into the NFT platform, calling it “a win for everyone” in the industry.
Three Altcoins Skyrocket in Hours After Going Live on Top US Crypto Exchange Coinbase
A decentralized oracle provider and two artificial intelligence (AI)-focused altcoins surged just hours after going live on top US-based crypto exchange platform Coinbase. The data reveals that Chainlink (LINK) rival Pyth Network (PYTH) and AI-based projects Kaito (KAITO) and Bittensor (TAO) all saw significant increases in price after gaining support from Coinbase. KAITO – an …
North Korea’s Lazarus Group now using crypto gifts to breach security defenses
The North Korean-linked Lazarus Group has adopted a new method of breaching crypto firms: sending cryptocurrency to their targets as part of an elaborate social engineering scheme. According to 23pds, the pseudonymous Chief Information Security Officer (CISO) at Web3 security firm SlowMist, this tactic aims to gain the victim’s trust before deploying malicious code. 23pds …
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Senators press SEC for clarity on crypto ETP staking restrictions
A group of US senators, led by Cynthia Lummis, has urged the Securities and Exchange Commission (SEC) to clarify its position on protocol staking in crypto exchange-traded products (ETPs) in a Feb. 20 letter. The lawmakers are seeking answers regarding the exclusion of staking from ETP issuers’ S-1 filings, which they argue impacts the competitiveness …
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Pump.fun sees decline in fees, users, and token launches after LIBRA incident
Following the controversy around the LIBRA token, Solana-based token launchpad Pump.fun registered significant decreases in weekly values for new users, token launches, and fees collected. According to a Dune Analytics dashboard by user evelyn233, the number of new users onboarded in the launchpad fell 16.4% to 601,516 from 719,524 between Feb. 7 and Feb. 13. This …
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Saylor calls on US to buy 20% of Bitcoin supply to strengthen dollar and offset debt
Strategy co-founder Michael Saylor has urged the US government to acquire up to 20% of Bitcoin’s (BTC) total supply, arguing that doing so could strengthen the dollar and potentially offset the national debt. Speaking at the Conservative Political Action Conference (CPAC) on Feb. 20, Saylor positioned Bitcoin as a strategic asset, cautioning that if the …
Altcoin season potentially underway but remains limited by market liquidity challenges – CryptoQuant
The 90-day moving average of altcoin trading volume on centralized exchanges has risen since mid-November, potentially signaling the start of an altcoin season, according to CryptoQuant. CryptoQuant CEO and founder Ki Young Ju shared data showing the trading volume ratio of altcoins compared to Bitcoin (BTC) rose from 1.77 to 2.77 as of Feb. 20. …
From Vesting Plans to Binance Wallets: A Deep Dive into TRUMP Token’s Distribution
More than a month after Donald Trump, the 47th U.S. president, launched his meme-inspired TRUMP token, the Solana-based crypto asset continues to glitter in the top 50 rankings. A lively 709,835 unique wallets now hold the token, sparking curiosity about its biggest holders and how this newly launched digital offering is distributed. Let’s peek at …