Key Points MicroStrategy’s profits were reported at $3.5 billion, emphasizing the potential of crypto investments. The Federal Reserve Chairman called for a legal framework for stablecoin amid crypto market expansion. Bitcoin is reaching new all-time highs after 2 years, partly due to the forthcoming ‘halving’ event and Bitcoin ETFs. Get an in-depth look at crypto’s…
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Bitcoin could face headwinds at $52,000, but BNB, KAS, VET, and RNDR may continue to move higher. Inflows into the spot Bitcoin exchange-traded funds (ETFs) topped $2.2 billion between Feb. 12 and Feb. 16, indicating a strong investor appetite. Bloomberg analyst Eric Balchunas said in a X post that BlackRock’s iShares Bitcoin Trust (IBIT) has attracted year-to-date…
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The price of Worldcoin’s WLD token has surged 141% in the past seven days as the firm notched a daily active user milestone. Worldcoin (WLD) token — a crypto project co-founded by OpenAI CEO Sam Altman has surged more than 140% over the last week, as its daily users ticked over the 1 million mark.…
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The malicious app is still on Apple’s App Store four days after it was first discovered and flagged by App Store users. A fake version of Rabby Wallet, a crypto wallet app, has been reportedly wreaking havoc on unsuspecting users of the Apple App Store. On Feb. 16, the team behind DeBank’s Rabby Wallet confirmed…
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Bitcoin price might fail to top $70,000 before the April 2024 supply halving, but the longer-term projection looks positive. For investors, turning bullish on Bitcoin is tempting, especially after a 91% rally to $52,000 in just four months ending on Feb. 15. Bitcoin’s current $1 trillion valuation places it among the world’s top 10 tradable…
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FTX creditors are seeking damages against the law firm Sullivan & Cromwell for its prior involvement with the crypto exchange. FTX bankruptcy case has unfolded to a new chapter as the exchange’s creditors have filed a class-action lawsuit against the law firm overseeing the case. In a court filing on Feb. 16, FTX creditors alleged…
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ETH bulls call for $3,000 as the next stop for Ether, but the altcoin corrected by 46% the last time it traded above this level. Ether price has been on an upward trend for the past 10 days, accumulating gains of 21.5% during this period as it flirts with the $2,800 level. The bullish momentum in…
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Key Points: Revolut is launching an advanced trader-centric crypto exchange, offering lower fees and robust analytics. The platform promises a fee range of 0% to 0.09%, introduces limit and market orders, with no fees on limit orders. After halting crypto services for UK business customers, Revolut now targets advanced traders with enhanced tools. Revolut is…
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Bitcoin may be “up only” on short timeframes, but seasoned traders are already preparing for a blow-off BTC price top and subsequent bear market. Bitcoin is on the way to $55,000 this week — but warnings of a new bear market are already surfacing. In his latest analysis on X (formerly Twitter) on Feb. 14, popular trader…
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Amid growing staking demand, the price of Ether has made significant strides, reaching a new yearly high above $2,800. The total amount of staked Ether in the Beacon Chain has reached 30,206,801 ETH, which is worth over $85 billion, locking up nearly 25% of the total circulating supply. There are currently 943,974 active validators on…
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