Bitcoin’s computational prowess currently hums at 825.85 exahash per second (EH/s), a gentle dip from its zenith of 844 EH/s recorded on Feb. 4, 2025. The network’s transaction queue, known as the mempool, continues to reflect minimal activity, while newly minted blocks materialize slightly quicker than the protocol’s 10-minute target. Foundry Leads Mining Race: Four …
Monthly archives: February 2025
Microstrategy Rebrands as Strategy, Emphasizing Bitcoin-Centric Approach
Microstrategy has unveiled a rebranding effort, adopting the name Strategy to emphasize its commitment to bitcoin and artificial intelligence (AI). Microstrategy Renames Itself Strategy The Tysons Corner, Virginia-headquartered firm, recognized for its business analytics tools and substantial bitcoin reserves, introduced its updated identity, logo, and branding Tuesday. The refreshed logo displays a modernized “B” symbolizing …
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Ethereum’s Resilience Tested: Volatility Dominates as Macro Risks Loom
Ethereum (ETH) endured a turbulent week, plunging to a massive low of $2,065 amid geopolitical trade war tensions before rebounding as investors capitalized on discounted prices, currently down 2.1% over the last day. Trade War Fears Rock ETH Ethereum opened the week at $3,200-$3,400 but crashed to a significant low of $2,065 on Feb. 3 …
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MicroStrategy, now ‘Strategy,’ records $670M net loss in Q4
Strategy’s fourth-quarter loss came as it stacked another 218,887 Bitcoin — its most aggressive quarter yet.
Ethereum, Solana and XRP Likely Forming Reversals, According to Crypto Analyst Jason Pizzino
Cryptocurrency analyst and trader Jason Pizzino believes three top altcoins may be forming bullish reversals after the market’s correction. In a new video, Pizzino tells his 348,000 YouTube subscribers that Ethereum (ETH) may soon regain $3,000 as support after bouncing off of a low of around $2,100. “Overall, the smart money bought this thing up …
Here’s When It’ll Be Time to Short Memecoins, According to Arca CIO Jeff Dorman
The chief investment officer at a digital asset investment firm believes the popular crypto memecoin sector may collapse if one new trend occurs. Arca CIO Jeff Dorman says on the social media platform X that memecoins may fall out of popularity once tokens tied to real-world assets start being issued on a wide scale. “When …
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CFTC Investigates Crypto.com and Kalshi for Super Bowl Event Contracts
The U.S. Commodity Futures Trading Commission (CFTC) has pushed back against Super Bowl event contracts launched by the exchange Crypto.com and the retail betting market Kalshi. The retail trading giant Robinhood announced on Monday that it planned to roll out a prediction market for the Super Bowl on Kalshi. The company walked back that announcement …
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FDIC Unseals 175 Documents Exposing US Banks Debanking of Crypto Firms
The Federal Insurance Deposit Corporation (FDIC) is unsealing hundreds of documents that expose how US institutions were instructed to be deprived of crypto-related services. In a new press release, the FDIC – the government agency that insures deposits in US banks – says it is unveiling 175 documents revealing how it supervised banks that participated …
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Committee on Financial Services Schedules Hearing To Probe Negative Effects of Operation Choke Point 2.0
The U.S. House Committee on Financial Services has scheduled a hearing on “Operation Choke Point 2.0,” an alleged attempt by Biden Administration government regulators to stifle the crypto industry. Coinbase chief legal officer Paul Grewal and Fred Thiel, the chief executive of crypto mining giant MARA, will speak at the hearing, which is slated for …
The Best 8 Crypto Staking Platforms to Supercharge Your Passive Income in 2025
No matter if you’re a new investor or an experienced one, the cryptocurrency staking platform can make all the difference in the world. With the explosive growth of cryptocurrency, staking has become one of the most effective ways to generate passive income while contributing to blockchain security. No matter if you’re a new investor or …
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Ondo launches blockchain platform to tokenize US stocks for global investors
Ondo Finance has introduced Ondo Global Markets (Ondo GM), a platform designed to bring real-world assets (RWAs) such as stocks, bonds, and exchange-traded funds (ETFs) onto the blockchain. According to a Feb. 4 statement, this move provides global access to US securities by enabling investors outside the US to gain exposure through tokenized representations of …
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El Salvador bought 21 BTC last week despite new IMF deal
El Salvador has ramped up its Bitcoin acquisitions, adding more than 20 BTC in the past week. According to the country’s Bitcoin Office data, the government made over 50% of the acquisition in one day on Feb. 3 when it acquired 11 BTC for $1.1 million. On the other days of the week, the Central …
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Tether is developing several AI apps and an open-source SDK platform
Tether, the issuer of the world’s largest stablecoin, is expanding its artificial intelligence (AI) capabilities. On Feb. 4, Paolo Ardoino, the company’s CEO, revealed that the firm is working on several AI-driven applications while preparing to launch an open-source software development kit (SDK) platform. According to him: “Tether Data, preview of some of the AI …
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DeFi advocacy group urges DOJ to rethink liability for developers
Crypto advocacy group DeFi Education Fund has urged the US Department of Justice (DOJ) to reconsider its approach to holding DeFi protocol developers accountable for users’ actions. In a blog post published on Feb. 4 by Andreessen Horowitz (A16z), co-authors Miller Whitehouse-Levine and Amanda Tuminelli from the DeFi Education Fund argued that developers should not …
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Algorand Foundation wants DOGE to adopt its blockchain for government overhaul
The Algorand Foundation has publicly urged Elon Musk’s Department of Government Efficiency (DOGE) to adopt its blockchain for government operations. In a Feb. 4 post on X, the foundation highlighted how Algorand’s technology could enhance transparency, particularly in tracking federal expenditures. According to Algorand, its blockchain is built with quantum-resistant security, making it ideal for …
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