Bitcoin’s (BTC) market behavior continues to evolve, with recent trends suggesting it is being treated more as a risk-on asset than a traditional store of value, according to a new report from Bitfinex. Bitcoin’s price has remained in a consolidation range between $91,000 and $102,000 for over 75 days, reflecting declining volatility and increased market …
Monthly archives: February 2025
Strategy acquires another 7,633 Bitcoin amid downturn, Metaplanet eyes 10,000 BTC stash by year-end
Strategy acquired an additional 7,633 BTC and elevated its unrealized profit to over $17 billion on Feb. 9. Meanwhile, Metaplanet reported that 85% of its 2024 net income was attributed to Bitcoin (BTC) holdings, with nearly $36 million in unrealized profits. The firm said it intends to increase its Bitcoin stash to 10,000 BTC by …
Scaramucci attributes Bitcoin’s late bloomer status to ETF delays
SkyBridge Capital founder Anthony Scaramucci said Bitcoin’s (BTC) current price near $97,000 reflects where it should have been two years ago. Speaking on CNBC’s Squawk Box on Feb. 10, Scaramucci said Bitcoin’s delayed rally was largely due to the sluggish approval of a spot Bitcoin exchange-traded fund (ETF), which he argued should have been greenlit …
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Aave founder downplays Kamino amid discussion with key Solana figures
The founder of Aave downplayed Solana’s Kamino during an argument with the president of the Solana Foundation and the co-founder of Solana Labs about decentralized money markets on X. Alex Svanevik, founder of Nansen, questioned the absence of Aave on Solana, which currently boasts Kamino as its largest money market protocol. According to DefiLlama data, …
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Latam Insights Encore: Brazil Lacks Leadership to Solve Its Crypto Alignment Dilemma
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines how the Brazilian government is divided regarding crypto, and how this might affect the growth of its crypto economy. Latam Insights Encore: Brazil, Still Not a Pro Crypto Country Brazil, one …
Litecoin ETF Approval Odds at 90%, Analysts Say
Bloomberg ETF analysts Eric Balchunas and James Seyffart have compiled a list of crypto ETF applications that they believe will have shot at being approved by the U.S. Securities and Exchanges Commission (SEC) this year, and assigned a probability of approval to each filing. At the top of that list is the Litecoin ETF application …
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Gate.io Becomes Exclusive Crypto Partner of Oracle Red Bull Racing
Crypto exchange, Gate.io has signed a multi-year partnership with Oracle Red Bull Racing, with the collaboration aiming to accelerate crypto adoption. Gate.io Partners with Red Bull Racing for Increased Crypto Visibility in Formula 1 Gate.io, a global crypto exchange has announced an exclusive partnership with Oracle Red Bull Racing, the eight-time championship-winning Formula 1 team. …
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Trump’s Tough Talk on Iran Sends Rial Tumbling to Record Lows
The Iranian currency plummeted to new lows against the U.S. dollar after President Donald Trump reinstated his “maximum pressure” policy against the Middle East country. Trump’s Rhetoric Impacts Markets The Iranian currency plummeted to new lows against the dollar after the U.S. President Donald Trump reinstated his “maximum pressure” policy against Iran. Some observers linked …
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Proton Wallet Emerges From Early Access
Proton, the team behind Proton Mail, has taken another step into the financial world by launching Proton Wallet beyond its early access phase. This self-custodial bitcoin wallet empowers users to control their BTC, secure their funds with cutting-edge encryption, and transact peer-to-peer using the Bitcoin via Email feature, streamlining what was once a complex process. …
Bitcoin’s Low Fees Signal a Prime Time for UTXO Consolidation
Not too long ago, transaction fees on the Bitcoin blockchain stood notably higher than they do now. A low-fee window is prime for consolidating or moving UTXOs (unspent transaction outputs) to optimize costs and ready yourself for times when fees increase. Now’s the Moment to Optimize Your Bitcoin UTXOs Before Fee Hikes In a high-fee …
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Justin Sun Explains USDD 2.0 in a Live Stream, Highlights HTX’s Unique Edge
PRESS RELEASE. On February 5, Justin Sun, Global Advisor of HTX and founder of TRON, joined the leading crypto exchange HTX for an X Spaces session titled “Explore USDD with Justin Sun”. During the session, Sun provided an in-depth explanation of USDD (Decentralized USD) 2.0, the latest version of the USDD stablecoin, and answered audience …
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OpenAI’s Altman appears to reject Musk’s $97.4B bid for control
OpenAI’s Sam Altman told Elon Musk “no thank you” on X as Musk reportedly offered to buy the AI firm for almost $100 million.
Tether CEO Paolo Ardoino Says Quantum Computing Will Allow Hackers To Take Bitcoin From Lost Wallets
The chief executive of stablecoin issuer Tether (USDT) says that quantum computing will allow hackers to steal Bitcoin (BTC) from lost wallets. In a new thread on the social media platform X, Tether CEO Paolo Ardoino predicts that while active crypto users may move their funds to quantum-resistant wallets, those who have abandoned or lost …
SkyBridge Capital’s Anthony Scaramucci Predicts Solana Will Beat Ethereum To Win Tokenization Race – Here’s Why
Donald Trump critic and SkyBridge Capital founder Anthony Scaramucci says Solana (SOL) is his preferred layer-1 over Ethereum (ETH). In a new interview with CNBC, Scaramucci says that while SkyBridge does own some ETH, his investment thesis focuses on SOL being more successful in the long run. “We own [ETH] in small sizes. We’re much …
Pump.fun Co-Founder Alon Cohen Denies Rumors That Project Is Launching Own Native Token
Pump.fun co-founder Alon Cohen is denying reports that the Solana (SOL)-based memecoin launchpad will issue its own native token. Crypto reporter Colin Wu earlier said that Pump.fun is working on launching its own token and plans to use the Dutch auction system in the public offerings. Wu said that his team confirmed the information with …