Blockstream CEO Adam Back says that Bitcoin (BTC) is still in the early stages of the current bull market as the adoption of the flagship crypto asset mounts. In a new interview with CNBC, Back says that Bitcoin’s buying demand remains high across various investing segments, including exchange-traded funds (ETFs), and that the bull market …
Monthly archives: February 2025
Ethereum Transaction Costs Fall to $0.80 as Network Activity Shifts
TLDR Ethereum gas fees have plummeted 70% to around $0.80 per transaction, marking a four-year low and dropping from previous highs of over $20 in 2024. Daily fees decreased from $23 million to $7.5 million. Layer 2 solutions like Arbitrum, Optimism, and Base now handle over 1.5 million daily transactions, doubling from 800,000 a year …
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Ethereum (ETH) Price: Whales Accumulate as $2,800 Resistance Looms
TLDR Ethereum is currently consolidating between $2,650-$2,750, with key resistance at $2,800 while analysts project potential rise to $3,000-$4,000 based on technical patterns Whales have accumulated 430,000 ETH over three days, indicating strong institutional interest and bullish sentiment 74% of ETH holders have maintained their positions for over a year, with 62% currently in profit …
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French banking giant SocGen’s unit to expand its euro-backed stablecoin to Stellar
French lender Societe Generale’s unit SG-FORGE launched its euro-backed stablecoin, EUR CoinVertible (EURCV), on the Stellar blockchain, expanding its multichain strategy and reinforcing compliance with the EU’s Markets in Crypto-Assets (MiCA) regulation. The move aims to provide businesses and financial institutions with a secure, transparent, and scalable digital euro option, leveraging Stellar’s blockchain infrastructure for …
Disparities in Bitcoin futures OI and volume show distinct exchange trading profiles
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Binance Teams up With Hong Kong Law Enforcement to Fight Digital Asset Threats
Binance is strengthening crypto security with Hong Kong police, enhancing collaboration to combat cybercrime and financial threats in the blockchain industry. Binance Strengthens Cybercrime Collaboration With Hong Kong Police Crypto exchange Binance revealed on Feb. 20 that CEO Richard Teng recently met with Raymond Lam Cheuk Ho, Chief Superintendent of the Cyber Security and Technology …
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SEC Reshuffles Crypto Lawsuits—Is Ripple on the Verge of Legal Victory?
The SEC is pausing lawsuits against Binance and Coinbase, sparking speculation on whether Ripple could be next—potentially signaling a shift toward clearer crypto regulations. Crypto Crackdown Unraveling? SEC Pauses Cases—But What About Ripple? The U.S. Securities and Exchange Commission (SEC) is prioritizing cryptocurrency cases with imminent court deadlines while pausing others, Fox Business journalist Eleanor …
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Coinbase CEO Sees Meme Coins as Gateway to Mass Crypto Adoption
Meme coins may seem frivolous now, but their evolution could reshape crypto, Coinbase’s CEO said, warning against scams while urging openness to their potential impact. Coinbase CEO Brian Armstrong: ‘We Should Be Open Minded About Where Memecoins Are Going’ Coinbase CEO Brian Armstrong has shared his thoughts on meme coins, recognizing their significance in the …
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SEC Overhauls Crypto Enforcement, Deploying New Cyber Unit
The SEC’s new unit aims to crack down on crypto fraud, targeting scams and unauthorized account takeovers while promoting responsible digital asset growth. SEC Introduces Cyber and Emerging Technologies Unit to Tackle Crypto Fraud The U.S. Securities and Exchange Commission (SEC) has announced the establishment of the Cyber and Emerging Technologies Unit (CETU) to combat …
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US Seizes Millions in Crypto With Binance Ties—Feds Uncover Global Fraud Ring
The U.S. seeks to forfeit millions in crypto from a Binance account, alleging wire fraud and money laundering tied to a fraudulent investment scheme. US Government Moves to Forfeit Crypto Seized from Binance Account The U.S. government has initiated a civil forfeiture action against cryptocurrency holdings seized from a Binance account, alleging their involvement in …
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SEC Backs Down: Crypto Industry Scores Landmark Victory
The SEC’s decision to drop its dealer rule lawsuit appeal marks a major victory for the crypto industry, ending a legal battle over regulatory overreach and signaling change. A Win for the Crypto Industry The U.S. Securities and Exchange Commission (SEC) has voluntarily dropped its appeal in the lawsuit challenging the dealer rule, securing a …
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Chainlink Gearing Up for Parabolic Expansion to All-Time Highs, Says Crypto Analyst – Here’s His Outlook
A widely followed crypto analyst says that decentralized oracle network Chainlink (LINK) is gearing up for a massive breakout. In a new strategy session, pseudonymous crypto trader Inmortal tells his 229,400 followers on the social media platform X that LINK may increase by more than 194% its current value by early next year. “Green for …
Bitcoin Price Recovers Strongly—Is a New Rally Beginning?
Bitcoin price started a recovery wave above the $96,500 zone. BTC is rising and might aim for a move above the $98,800 resistance zone. Bitcoin started a decent recovery wave above the $96,500 zone. The price is trading above $97,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming …
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Bitcoin Price To $150,000: Why The USDT Dominance Plays An Important Role
Este artículo también está disponible en español. Bitcoin has extended its consolidation below $100,000 since the beginning of February. This price lag has been compounded by a slowdown in bullish sentiment among investors and a slowing euphoria regarding the crypto-positive influences of Trump’s new administration in the US. Despite this rally slowdown, technical analysis continues …
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Gamestop CEO Fuels Bitcoin Speculation: $4.6 Billion Buy Incoming?
Este artículo también está disponible en español. In a development that has reignited speculation within the Bitcoin community, GameStop CEO Ryan Cohen has, for the first time in nearly four years, followed a second account on X. Until now, Cohen exclusively followed the official GameStop handle, but as of today, he has added Bitcoin Magazine …
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