Tag: Crypto

  • Dormant Bitcoin Wallets Stir: $130M in Old BTC Moves in February

    Dormant Bitcoin Wallets Stir: $130M in Old BTC Moves in February

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    Oscar

    In February 2025, dormant Bitcoin wallets saw renewed activity, moving 1,549.25 BTC—valued at approximately $130.45 million at a per-unit price of $84,202. Blockchain tracker btcparser.com flagged these transfers as part of a measured yet reduced reallocation compared to January, signaling cautious maneuvers amid market volatility. Legacy Wallets Show Mixed Engagement The revived BTC originated from…

  • Here’s what Happened in Crypto Today

    Here’s what Happened in Crypto Today

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    Issac Lane

    House Democrats Propose Ban on Presidential Memecoins The United States Congress is set to debate a new bill that would ban public officials from issuing or endorsing digital assets, including memecoins like the official Trump (TRUMP) token. California Representative Sam Liccardo, a Democrat, told ABC News on 27 February that he is preparing to introduce…

  • Solana Faces Major TVL Drop as SOL Price Risks Further Decline

    Solana Faces Major TVL Drop as SOL Price Risks Further Decline

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    Issac Lane

    Solana’s TVL Falls $5 Billion in 30 Days The Solana blockchain has seen a significant decline in total value locked (TVL), plunging by 39.2% in the past month. This marks the largest monthly drop since November 2022, when the collapse of the FTX exchange sent shockwaves through the crypto market. Solana’s TVL, which peaked at…

  • Sam Altman’s World is ordered by Brazil to stop cryptocurrency payouts for the collection of biometric data

    Sam Altman’s World is ordered by Brazil to stop cryptocurrency payouts for the collection of biometric data

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    V Sinclair

    Brazil’s data protection authority has directed Sam Altman’s World, formerly Worldcoin, to cease offering cryptocurrency or financial rewards for collecting biometric data from its citizens.This directive, issued on January 24, 2025, comes after an investigation launched in November 2024, following the debut of the World ID project in Brazil.  What is World Network and Its…

  • Michael Saylor Hints at a New Bitcoin Purchase from MicroStrategy

    Michael Saylor Hints at a New Bitcoin Purchase from MicroStrategy

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    V Sinclair

    MicroStrategy, a software intelligence company, is back in the spotlight for its bold Bitcoin (BTC) acquisition strategy. Its chairman Michael Saylor has teased another Bitcoin purchase is on the horizon.  With Bitcoin’s value soaring, currently sitting at around $101,490, the company’s holdings are now worth an impressive $47.3 billion.  Its calculated investment strategy is paying…

  • XRP Price Surges 7% Amid Market Recovery and Ledger Upgrade Proposal

    XRP Price Surges 7% Amid Market Recovery and Ledger Upgrade Proposal

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    Issac Lane

    XRP has witnessed a strong price rebound, surging 7% on 26 February as the broader cryptocurrency market shows signs of recovery. This comes amid Ripple’s proposal for a significant upgrade to the XRP Ledger (XRPL), which could enhance its functionality and attract more investors. XRP Gains Amid Market Volatility The price of XRP has recovered…

  • Crypto Market Bloodbath: $325 Billion Vanishes Amid Selling Pressure

    Crypto Market Bloodbath: $325 Billion Vanishes Amid Selling Pressure

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    Oscar

    The cryptocurrency market has witnessed a brutal sell-off, erasing $325 billion in market capitalization since Friday. A major security breach at Bybit and concerns over liquidity have fueled the downturn, sending Bitcoin below $90,000. Meanwhile, Citadel Securities’ potential entry as a crypto liquidity provider and comments from former FTX CEO Sam Bankman-Fried add to the…

  • Coinbase Derivatives Files for Solana and Hedera Futures Contracts

    Coinbase Derivatives Files for Solana and Hedera Futures Contracts

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    V Sinclair

    Coinbase Derivatives has submitted an application to the Commodity Futures Trading Commission to list new futures contracts for Solana and Hedera. The U.S.-based exchange plans to introduce these cash-settled contracts in February or later, pending regulatory approval. Details of the Proposed Contracts The proposed Solana futures will have a contract size of 100 SOL, with an estimated notional value…

  • Brad Garlinghouse advocates for a U.S. cryptocurrency reserve that encompasses more than just Bitcoin.

    Brad Garlinghouse advocates for a U.S. cryptocurrency reserve that encompasses more than just Bitcoin.

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    V Sinclair

    Brad Garlinghouse, the CEO of Ripple, recently shared his thoughts on the U.S. government’s plan to create a national digital asset reserve. He believes the reserve should include Bitcoin and other cryptocurrencies like Ripple’s XRP. This idea goes against the opinion of Bitcoin supporters who think Bitcoin should be the only coin in the reserve. US…

  • Russia Moves to Classify Crypto as Property in Penal Cases

    Russia Moves to Classify Crypto as Property in Penal Cases

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    Oscar

    Russia’s Supreme Court is taking significant steps to classify cryptocurrency as property in penal cases, a move aimed at enhancing law enforcement’s ability to track, freeze, and confiscate illicit digital assets. This initiative marks another step in Russia’s ongoing efforts to integrate cryptocurrency into its legal framework. Crypto’s Role in Criminal Cases Chairperson Irina Podnosova…