Michael Saylor’s Bitcoin (BTC) treasury company, Strategy, remains undeterred by continued weakness across the crypto markets. Saylor says the firm acquired an additional 1,142 Bitcoin for roughly $90 million at an average price of about $78,815 per BTC. Strategy now holds 714,644 Bitcoin acquired for approximately $54.35 billion, at an average cost of about $76,056 …
Category archives: Trending Crypto news
Gemini exit a ‘blow for policymakers’ with UK crypto hub ambitions
Gemini’s decision to exit the United Kingdom, European Union, and Australia to focus on the United States and Singapore has sharpened questions over whether the UK’s still unfinished rulebook is deterring even well‑regulated players the government hoped to attract. In April 2022, then Chancellor Rishi Sunak said it was his “ambition to make the UK …
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Bitcoin ETFs extend rebound as $145M in fresh inflows hit market
US spot Bitcoin exchange-traded funds (ETFs) extended a tentative rebound after attracting $371 million in net inflows last Friday, adding to signs that institutional demand may be stabilizing following weeks of sustained selling. Spot Bitcoin (BTC) ETFs attracted a further $145 million in inflows on Monday as BTC hovered around $70,000, according to data from …
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Analysts debate whether Ether has capitulated or has further to fall
Ethereum has hit a zone typically associated with mass selling, with an MVRV Z-Score returning a score of -0.42 — though analysts are split on whether the price of Ether is close to bottoming out. The MVRV Z-Score is a metric used to assess whether a crypto asset is overvalued or undervalued by comparing its …
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Fed’s Waller says crypto hype ‘fading’ with TradFi tie-ins
Federal Reserve Governor Chris Waller says the crypto hype that came with US President Donald Trump’s election victory has begun to wane as the market has become more entangled with traditional finance. “I think some of the euphoria that came into the crypto world with the current administration, some of that’s kind of fading,” Waller …
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Chainlink co-founder’s 2 reasons this bear market feels different
Chainlink co-founder Sergey Nazarov argues the recent crypto market downturn is unlike any previous bear market — there have been no major FTX-style collapses, and tokenized real-world asset (RWA) growth remains substantial. Market cycles are normal, “but what is important is what those cycles reveal about how far the industry has progressed,” said Nazarov on …
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Crypto exchange Backpack to launch token with unlocks tied to IPO goal
Backpack, a crypto exchange founded by former employees of FTX, says it will launch a 1-billion-supply token in the future, with its distribution schedule tied to its goal of going public in the US. Backpack posted to X on Monday that its token launch will begin with 25% of the intended supply, or 250 million …
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Ethereum Foundation teams up with SEAL to combat wallet drainers
The Ethereum Foundation is sponsoring crypto security nonprofit Security Alliance (SEAL) to “track and neutralize” crypto drainers and other social engineering attackers targeting Ethereum users. SEAL said on Monday that it launched the “Trillion Dollar Security” initiative with EF to support these efforts after reaching out to EF late last year about funding security engineers …
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‘No privacy’ CBDCs will come, warns billionaire Ray Dalio
American billionaire and hedge fund manager Ray Dalio has warned that central bank digital currencies (CBDCs) are coming, which will offer benefits but also potentially allow governments to exert more control over people’s finances. “I think it will be done,” said Dalio on CBDCs in a wide-ranging interview on the Tucker Carlson Show on Monday, …
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Base App sunsets Creator Rewards to double down on trading
Coinbase’s “Everything App,” Base App, is sunsetting its Creator Rewards program and Farcaster-powered social feed as part of a strategic shift to focus entirely on tradable assets. The Creator Rewards program was launched in July and was intended to make the Ethereum layer-2 Base a more social ecosystem, where activity and engagement translate into earnings. …
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Bitcoin sentiment hits record low as contrarian investors say $60K was BTC’s bottom
Bitcoin (BTC) pushed back above $71,000 on Monday, after market sentiment indicators across the crypto market dropped to new lows. Some analysts believed that “extreme fear” and upside liquidity may help Bitcoin hold above its yearly-low at $60,000, but others warned that weak market conditions and bearish futures volume may push prices even lower. Key …
Bitcoin Price Hovers Around $70K As Volatility Goes Quiet
Bitcoin price started a recovery wave above $68,000. BTC is now consolidating gains above $70,000 and faces hurdles near the $72,200 zone. Bitcoin is attempting to recover but is facing many hurdles near $72,000. The price is trading above $70,000 and the 100 hourly simple moving average. There is a rising channel forming with support …
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TRON Doubles Down on TRX as Rising On-Chain Activity Supports Price Recovery
Tron Inc.’s recent moves in the TRX market are drawing attention at a time when investors are searching for signals beyond short-term price swings. Over the past week, the NASDAQ-listed company has steadily increased its exposure to TRX, while on-chain data points to sustained network usage. Related Reading Concurrently, these developments have helped stabilize the …
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Is XRP Near a Turning Point? Oversold Readings Clash With Key $1.50 Resistance
XRP is approaching mid-February caught between technical stress and renewed accumulation. After one of its sharpest sell-offs in months, the token has rebounded from recent lows but remains capped below a key resistance zone near $1.50. Related Reading The conflicting signals, extreme oversold indicators, heavy capitulation volume, and steady institutional inflows, are fueling debate over …
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Ethereum Crash Below $2,000 Triggers Record Token Movement: Hinting At Capitulation
Ethereum is holding above the $2,000 level as the market enters a consolidation phase following several days of intense selling pressure that forced prices sharply lower. While volatility has eased slightly, sentiment remains fragile as investors assess whether the recent decline represents a temporary correction or the early stage of a broader bearish cycle. Against …