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Category: BitCoin

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Layer 2 Starknet STRK Token Prepares For Upcoming Massive Airdrop

Key Points: Starknet Foundation announces a distribution plan for native token STRK, with nearly 1.3 million wallets eligible for rewards. The Starknet STRK token airdrop scheduled for Feb. 20 aims to distribute 728 million tokens, with users having until June 20 to claim their share. The Starknet Foundation has announced its distribution plan for its…
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EU committee greenlights world’s first AI legislation

The endorsement follows European Union member states voting to approve the final text of the EU’s AI Act. Update 12:45 pm UTC:  This article has been updated to mention EU guidelines on citizens’ rights. European Union legislators in the European Parliament approved the preliminary agreement on groundbreaking regulations for artificial intelligence (AI) on Feb. 13. This…
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Bitcoin OG who called 2021 all-time high sees $600K BTC price by 2026

Bitcoin faces a sea of global bank bailouts in the coming years, Tuur Demeester believes — fueling a BTC price explosion to seven figures and beyond. Bitcoin  will see a minimum of $200,000 in the coming years and could pass half a million dollars, a popular analyst predicts. In his latest update on long-term BTC price action, advisor…
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Crypto Fear and Greed Index Hits Highest Level Since 2021

Key Points: The Crypto Fear and Greed Index hits 79, indicating extreme greed akin to the 2021 peak. Bitcoin has doubled in value over the past year, despite intermittent dips. The Crypto Fear and Greed Index, a gauge of market sentiment for cryptocurrencies like Bitcoin, has surged to 79 out of 100, marking a phase…
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Bull run back? User spends $113K in gas to snipe token only to be ‘rugged’

A crypto user spent $113,000 in gas in an apparent attempt to snipe the launch of a new ERC-404 token, which pumped and dumped to zero just 35 minutes later. In typical bull-run fashion, a crypto user has just been spotted spending a staggering $113,000 in gas fees in an attempt to purchase $26,000 worth…
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Bitcoin trades above $50K again — but its very different this time

Bitcoin last traded above $50,000 in December 2021 — more than two years ago. The crypto market looks very different this time around. Bitcoin ’s surge to $50,000 on Monday comes at a time of souped-up institutional demand, a possible pivot in interest rates, and incoming scarcity from the Bitcoin halving — a stark contrast…
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Coinbase latest ad argues blockchain could make pennies ‘useful’ again

A new one-minute spot from Coinbase features an animated former U.S. President Abraham Lincoln on a penny pleading to be converted into digital form. Moving the United States dollar to a “well-designed blockchain” could make billions of “clunky” pennies in the country useful again, according to a new ad campaign from crypto exchange Coinbase. The…
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Joe Biden posts ‘laser eyes’ meme after Super Bowl — Is it for bitcoin?

U.S. President Joe Biden’s laser-eyed social media posts after the Super Bowl are usually seen in online Bitcoin circles, but his meme wasn’t about the cryptocurrency. United States President Joe Biden has unintentionally made himself a Bitcoin ambassador after posting a laser-eye emblazoned picture of himself on his X and Instagram profiles. Captioned “just like…
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On-chain indicators suggest Bitcoin market is now ‘high risk’ — Glassnode

A market indicator is flashing that Bitcoin is now firmly in a “high risk” zone — a sign it could be in the early stages of a bull market, says Glassnode. On-chain indicators assessing Bitcoin’BTC) value have entered a “high-risk” zone and could mean the cryptocurrency is in the initial stages of a bull market,…
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In inflation-torn Argentina, locals use ‘crypto caves’ — and avoid Bitcoin

Argentines are using secret peer-to-peer crypto exchanges to buy U.S. dollar stablecoins as inflation continues to soar. Argentines are using black market exchanges, known locally as “crypto caves,” to buy U.S. dollar stablecoins in a bid to escape strict currency controls and triple-digit inflation of the Argentine peso (ARS), and are reportedly shunning Bitcoin  due…
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