Tag: Crypto

  • XRP Price Rises Amid ETF Speculation and Ripple Partnership

    XRP Price Rises Amid ETF Speculation and Ripple Partnership

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    Issac Lane

    XRP has surged 3% on 11 February, marking its best intraday performance in over a week. The cryptocurrency’s gains come as speculation grows over the potential approval of an XRP exchange-traded fund (ETF) in the United States, alongside Ripple’s new partnership with Unicâmbio. XRP ETF Approval Odds Increase XRP’s price has been buoyed by increasing…

  • USDC Market Cap Surges to $56.3 Billion, Rebounding from Bear Market Losses

    USDC Market Cap Surges to $56.3 Billion, Rebounding from Bear Market Losses

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    Issac Lane

    Stablecoin Market Sees Significant Growth Circle’s USD Coin (USDC) has reached a market capitalisation of $56.3 billion, fully recovering from the losses incurred during the recent bear market. According to CoinGecko data, this milestone was achieved on 10 February, marking a substantial increase from its lowest valuation of $24.1 billion in November 2023. USDC’s market…

  • Ethereum ETPs Surpass Bitcoin in Crypto Inflows for First Time in 2025

    Ethereum ETPs Surpass Bitcoin in Crypto Inflows for First Time in 2025

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    Issac Lane

    Ethereum Leads the Way in ETP Inflows Ethereum-based exchange-traded products (ETPs) have outpaced Bitcoin ETPs in inflows for the first time in 2025, according to data from CoinShares. The cryptocurrency market saw its fifth consecutive week of inflows, with a total of $1.3 billion invested in crypto ETPs. Ether (ETH) ETPs saw an impressive $793…

  • Tornado Cash founder is released from prison by a Dutch court.

    Tornado Cash founder is released from prison by a Dutch court.

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    V Sinclair

    On February 7, 2025, Alexey Pertsev, the founder of Tornado Cash, was released from prison after several months. A Dutch court decided to end his pretrial detention, but he will remain under house arrest and monitored electronically. His case has drawn attention from those concerned about privacy and cryptocurrency, marking a significant moment in his legal…

  • Bitcoin Hits $100K Despite Federal Reserve Rate Cut Pause

    Bitcoin Hits $100K Despite Federal Reserve Rate Cut Pause

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    Issac Lane

    BTC Surges as US Jobs Data Sparks Market Rally Bitcoin (BTC) surged to $100,000 on 7 February as the latest US employment data provided a much-needed boost to risk assets. Despite concerns over Federal Reserve interest rate policy, the cryptocurrency rallied, defying broader macroeconomic concerns. Bitcoin Defies Mixed Jobs ReportData from Cointelegraph Markets Pro and…

  • Crypto Market Declines Amid Investor Caution Over US Jobs Data

    Crypto Market Declines Amid Investor Caution Over US Jobs Data

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    Issac Lane

    The cryptocurrency market experienced a significant downturn on 7 February, with total market capitalisation dropping by over 2.5% to approximately $3.15 trillion. While market volatility is common in the crypto space, several key factors have contributed to this latest decline, including investor caution ahead of US jobs data, liquidations, and weakening technical indicators. Ethereum Leads…

  • 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…

  • Ethereum Price Surges Amid Pectra Upgrade Excitement and ETF Inflows

    Ethereum Price Surges Amid Pectra Upgrade Excitement and ETF Inflows

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    Issac Lane

    Ethereum (ETH) is leading the cryptocurrency market surge on 6 February, posting a 4% daily gain to trade above $2,800. While the overall crypto market capitalisation has risen by just 0.65% in the last 24 hours to reach $3.23 trillion, ETH’s outperformance is being driven by a combination of factors. These include increasing investor interest…

  • XRP Analysts Predict $5 Surge, Long-Term Target of $18

    XRP Analysts Predict $5 Surge, Long-Term Target of $18

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    Issac Lane

    Bullish Forecast Despite Recent Pullback XRP price analysts remain optimistic about the cryptocurrency’s long-term potential, with projections suggesting a rally towards $5 in the near future and a possible surge to $18 if bullish momentum prevails. Despite a recent dip, market experts believe XRP’s price action aligns with a classic Elliott Wave structure, which could…