Shiba Inu’s Supply Raises Concerns, Chainlink and Toncoin Display Healthier Metrics
The concentration of crypto holdings among large wallets plays an important role in market stability and investor confidence. Recent data highlights a significant disparity in supply distribution across major altcoins, with Shiba Inu exhibiting notably high concentration levels. While Ethereum follows closely behind, Chainlink and Toncoin present a more...
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Apple removes Bybit, KuCoin, Bitget from Japan’s App Store
Apple has quietly removed multiple crypto exchange apps from Japan’s App Store at the request of authorities. Some crypto exchange apps are disappearing from Japan‘s App Store as Apple has seemingly removed several after authorities raised concerns. According to a…...
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SEC finally acknowledges Solana ETF filing after past rejections
In a major move for Solana, the U.S. Securities and Exchange Commission has formally acknowledged Grayscale’s revised application for a spot Solana exchange-traded fund. On Feb. 6, the US SEC officially acknowledged Grayscale’s amended application for a spot Solana (SOL)…...
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Tornado Cash Developer Alexey Pertsev to Be Released From Jail to Prepare for Appeal
Alexey Pertsev, the Tornado Cash developer found guilty of money laundering in 2024, is set to be released from prison on Friday to prepare for his appeal, he said in a post on X. The 31-year old Russian national was sentenced to 64 months in a Dutch prison last...
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Crypto Price Analysis February-07: ETH, XRP, ADA, BNB, and SOL
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) The Monday crash took crypto by surprise during a historic liquidation event. Ethereum fell to $2,100 before it managed to recover some ground. The price is currently around $2,700 and closed the week...
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Over $3 Billion in Bitcoin and Ethereum Options Expiring Today
Today marks the expiration of more than $3.12 billion worth of Ethereum (ETH) and Bitcoin (BTC) options. This incident occurs while the cryptocurrency market continues to respond to recent economic events, such as additional tariffs that U.S. President Donald Trump […] The post Over $3 Billion in Bitcoin and...
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‘Make me feel emotional desire to quit:’ Ethereum’s Buterin frustrated by community’s focus on ‘degen casino’
Ethereum’s Vitalik Buterin is tired of hearing that “degen casino” is the best market fit for crypto, expressing frustration over the industry’s narrow focus. Amid growing concerns about Ethereum‘s direction, co-founder Vitalik Buterin expressed frustration with claims that its model…...
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Berachain mainnet launches on Bitget with airdrop rewards
Bitget has integrated the Berachain mainnet into their web3 non-custodial wallet and offers users extra rewards through the BERA airdrop. According to the press release sent to crypto.news, starting from Feb. 6 to Feb. 10, eligible users will be able…...
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Trump Media Firm Plans to Launch a Bitcoin Exchange-Traded Fund
On Feb. 6, Trump Media and Technology Group (TMTG), which has the US President as its majority owner, filed to register trademarks for new investment vehicles under its fintech brand Truth.Fi. Under the new trademarks, the firm plans to offer three types of investment funds. A “Made in America”...
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Bitcoin in a Mire, Gold Eyes 6th Straight Week of Gains as Jobs Data Looms
Bitcoin (BTC) continues to dawdle, failing to capture trader enthusiasm amid chatter about prices being overvalued, while gold remains strong ahead of the release of the U.S. jobs report, which will influence the Fed’s rate plans. Recent analysis from CryptoQuant indicates that bitcoin’s fair value lies between $48,000 and...
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