Dogecoin (DOGE) saw a notable rise of over 5% following a series of posts by Elon Musk on February 4, where he threatened federal action against Reddit users who had targeted employees of the new Department of Government Efficiency (DOGE), a department led by Musk himself. Musk’s intervention and the public support for his department […]
Blockchain analysis firm Chainalysis has announced a strategic partnership with Lukka, a leading provider of data and software solutions, to enhance its Virtual Asset Service Providers (VASP) risk product. This collaboration aims to improve the ability to assess VASP-related risks by integrating off-chain data with Chainalysis’ existing tools, providing users with a more comprehensive understanding […]
Crypto analyst Miles Deutscher has shared his insights into why the much-anticipated altcoin season has yet to materialize, pointing to a shift in speculative capital away from major altcoins and toward on-chain low-cap meme coins. According to Deutscher, platforms like Pump Fun, which allow users to create and trade meme coins easily, have played a […]
The price of Sui (SUI) has surged by more than 8% following a significant development involving Bitcoin. On February 4, 2025, Sui’s price jumped to $3.37 after the announcement that Wrapped Bitcoin (wBTC) is now supported on the Sui network through the Sui Bridge. This integration allows Bitcoin, which was traditionally confined to networks like […]
Bitcoin Depot, the largest cryptocurrency ATM operator in the United States, has bolstered its Bitcoin holdings by adding $5 million worth of BTC to its treasury. As of February 3, the company now holds a total of 71.5 BTC, valued at over $7 million based on current market prices. This move is part of Bitcoin […]
XCN, the token of Onyxcoin, has experienced a remarkable rally, surging by over 40% in the past 24 hours to reach an intraday high of $0.033 on February 4. This surge pushed its market capitalization close to $1 billion, extending its impressive monthly gains to more than 1,000%. The rally is largely attributed to the […]
Genius Group, a Singapore-based artificial intelligence and education company, has made significant strides in its crypto holdings, purchasing an additional $2 million worth of Bitcoin, bringing its total holdings to 440 BTC, valued at $42 million. As of January 31, 2025, the company’s Bitcoin treasury is now worth more than its own market capitalization, which […]
Hyperliquid’s token, HYPE, experienced a significant price rebound on Monday, climbing by over 25% from its lowest point over the weekend. The surge in price comes as the decentralized finance (DeFi) platform nears a crucial milestone in its trading volume, with Hyperliquid’s monthly trading volume hitting a record high of $366 billion in January. This […]
Kraken, a major cryptocurrency exchange, has further bolstered its European expansion by securing a significant new regulatory milestone. The firm has successfully obtained a Markets in Financial Instruments Directive (MiFID) license through its Cyprus-regulated entity, Cypriot Investment Firm. This license will enable Kraken to offer derivatives products to clients within the European Union, marking an […]
Bitcoin’s price suffered a significant drop on Monday, crashing to a low of $91,170, marking a sharp 16% decline from its highest level so far this year. The downturn came amid broader market declines, with both cryptocurrencies and stocks facing heavy pressure. One of the key factors contributing to Bitcoin’s crash is the growing concerns […]