Author: Oscar

  • Bitcoin Price Poised for a Surge to $166K Amid Rare Chart Patterns

    Bitcoin Price Poised for a Surge to $166K Amid Rare Chart Patterns

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    Oscar

    Bitcoin has remained under pressure this week as global trade tensions and Federal Reserve policies weigh on investor sentiment. The Crypto Fear and Greed Index has dropped to 35, signaling fear among traders. Meanwhile, Bitcoin ETF inflows have slowed, and futures open interest remains weak, reflecting cautious market behavior. Trade War and Federal Reserve Policies…

  • CFTC Eyes Stablecoins as Collateral in Tokenization Pilot

    CFTC Eyes Stablecoins as Collateral in Tokenization Pilot

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    Oscar

    The U.S. Commodity Futures Trading Commission (CFTC), under Acting Chairman Caroline Pham, is advancing a pilot program to explore stablecoin-backed tokenization. This initiative aims to modernise market infrastructure by leveraging distributed ledger technology (DLT) for non-cash collateral. Pham, a Republican commissioner and Trump appointee, is leading the charge after her earlier proposal for a “regulatory…

  • Ether ETFs Maintain Six-Day Inflow Streak as Bitcoin ETFs See $140M Outflow

    Ether ETFs Maintain Six-Day Inflow Streak as Bitcoin ETFs See $140M Outflow

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    Oscar

    On 6th February, Bitcoin ETFs recorded a net outflow of $140.30 million, with the majority of the losses coming from Fidelity’s FBTC. FBTC saw a significant withdrawal of $103.25 million, bringing its total net assets down to $20.35 billion. Additionally, Grayscale’s GBTC continued its trend of outflows, losing $42.21 million, reducing its total net assets…

  • Franklin Templeton Files for Multi-Asset Crypto ETF on Cboe BZX

    Franklin Templeton Files for Multi-Asset Crypto ETF on Cboe BZX

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    Oscar

    Franklin Templeton, a major asset manager, has submitted a filing to the U.S. Securities and Exchange Commission (SEC) for a multi-asset cryptocurrency exchange-traded fund (ETF). The proposed Franklin Crypto Index ETF aims to provide investors with exposure to spot Bitcoin (BTC) and Ether (ETH), the two largest cryptocurrencies by market capitalization. According to the February…

  • Bybit Resumes Operations in India After Paying $1M Fine

    Bybit Resumes Operations in India After Paying $1M Fine

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    Oscar

    Dubai-based cryptocurrency exchange Bybit has officially registered with India’s Financial Intelligence Unit (FIU-IND) after paying a hefty fine of ₹92.7 million ($1 million). The penalty was imposed due to Bybit operating without authorization, violating India’s Prevention of Money Laundering Act (PMLA). Suspension and Compliance Efforts In January 2025, Bybit halted services for Indian users while…

  • Institutional Traders Still Wary of Crypto, JPMorgan Survey Finds

    Institutional Traders Still Wary of Crypto, JPMorgan Survey Finds

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    Oscar

    A recent JPMorgan e-trading survey has revealed that 71% of institutional traders have no plans to trade crypto in 2025. While this figure is lower than the 78% recorded in 2024, it still highlights a cautious approach by traditional finance players towards digital assets. The survey, conducted in January 2025 with 4,200 respondents from 60…

  • Bitcoin-Gold Ratio Hits 12-Week Low as Gold Demand Soars

    Bitcoin-Gold Ratio Hits 12-Week Low as Gold Demand Soars

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    Oscar

    The Bitcoin-Gold ratio has dropped to its lowest point in 12 weeks, reflecting growing investor confidence in gold as a safe-haven asset. The ratio, which measures Bitcoin’s price relative to gold per ounce, has declined to 34, down 15.4% from its mid-December peak of over 40. This shift comes as physical gold deliveries to the…

  • SEC Scales Back Crypto Crackdown Under Trump Administration

    SEC Scales Back Crypto Crackdown Under Trump Administration

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    Oscar

    The U.S. Securities and Exchange Commission (SEC) is scaling back its dedicated crypto enforcement unit, reassigning staff and restructuring its approach to digital assets. This move, initiated under the Trump administration, reflects a broader effort to ease regulatory pressure on the crypto industry. Trump Administration’s Pro-Crypto Push President Donald Trump, once a vocal critic of…

  • Ethereum Raises Gas Limits for the First Time Since 2021, Boosting Network Efficiency

    Ethereum Raises Gas Limits for the First Time Since 2021, Boosting Network Efficiency

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    Oscar

    Ethereum has taken a significant step to improve its network efficiency by increasing its gas limit for the first time since 2021. The adjustment, which allows more transactions per block, was implemented automatically without requiring a hard fork. This move enhances Ethereum’s scalability and strengthens its appeal against competing blockchains. Ethereum Gas Limit Increased to…

  • Crypto Market Surges and Dips as China Tariffs Spark Volatility

    Crypto Market Surges and Dips as China Tariffs Spark Volatility

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    Oscar

    The crypto market saw sharp gains, with XRP and Dogecoin surging 20% before reversing course as fresh trade tensions between the U.S. and China dented investor sentiment. Bitcoin (BTC) and Ethereum (ETH) initially climbed nearly 4%, while Solana (SOL) and Cardano (ADA) gained around 3%. However, as China announced retaliatory tariffs on the U.S., the…