Author: John Smith

Bitcoin remained resilient during the latest market sell-off, while altcoins faced estimated liquidations of $8 billion to $10 billion, with funding rates turning deeply negative, a survey claims. A sharp spike in volatility shook the crypto market, erasing billions in open interest, with Bybit and Block Scholes reporting that Bitcoin (BTC) stayed steady while altcoins took the biggest hit. In a research report shared with crypto.news, Bybit stated that Bitcoin “outperformed relative to the wider crypto market,” adding that its perpetual swaps fared better as well. In contrast, the Ethereum (ETH) options market experienced a sharp spike in short-term volatility,…

Missouri is joining the trend of states embracing Bitcoin by introducing its own Bitcoin reserve bill, known as House Bill 1217. Missouri Representative Ben Keathley introduced the bill, seeking to establish a Bitcoin Strategic Reserve Fund that would allow the state treasurer to invest in and hold Bitcoin.  The bill, filed on February 6, positions Bitcoin as a hedge against inflation and aims to diversify the state’s financial holdings. The bill “creates the ‘Bitcoin Strategic Reserve Fund’ and allows the state treasurer to receive, invest, and hold Bitcoin under certain circumstances,” according to the bill’s summary.  Under the proposed legislation,…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. PEPE’s future is uncertain, while XYZVerse gains traction as a potential meme coin contender. PEPE’s value hangs in the balance at a crucial point. The question arises: can it recover? At the same time, XYZVerse (XYZ), a new contender, is gaining attention. Might this emerging coin surpass PEPE in the meme coin market? The developments hint at potential changes in the market landscape. XYZ sets sights on 99,900% gains XYZVerse has brought a brand-new concept to the meme coin…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Attention moves from XRP to the emerging meme coin, Mission Briefing: Agent A.I., which aims to redefine success in 2025. As the crypto market rides the waves of another bull run, investors question the future of established digital assets. The spotlight now shifts from major players like XRP to intriguing new arrivals. Analysts are buzzing about a certain meme coin, known for its bold promises and unique twist. This upcoming contender might just redefine success by 2025. Introducing Mission…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP sees major sell-offs, leaving traders uncertain; XYZVerse emerges as a promising new opportunity. Major holders are offloading a huge amount of XRP tokens, causing a stir in the market. This sudden sell-off has traders questioning the future of XRP. As attention shifts, investors are looking for the next opportunity. XYZVerse (XYZ), a new entrant, is generating buzz for its potential to deliver significant gains. Could this be the game-changer investors are seeking? With the market in flux, all…

Coinbase CEO Brian Armstrong highlighted the company’s growing financial footprint, comparing its holdings to major U.S. banks and brokerages. In a post on X, Armstrong stated that Coinbase now holds approximately $420 billion in customer assets.  This would make it the 21st largest bank in the U.S. by total assets. If categorized as a brokerage, Coinbase would rank as the eighth largest by assets under management. If you think of Coinbase like a bank, we now hold about $0.42T in assets for our customers, which would make us 21st largest bank in the US by total assets, and growing.If you…

AAVE declined for the second consecutive week, mirroring the performance of most altcoins as tariff risks remained a concern. AAVE (AAVE) token fell to a low of $196.4, its lowest level since November 25, and is currently 50% below its highest level this year. The token has a few catalysts that may push it to its all-time high of $666, up by 170% from the current level.  First, there are signs of increased accumulation by investors. Coinglass data shows that AAVE’s balances on exchanges have crashed to the lowest level in years. These balances moved to 2.2 million on Friday,…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum is on an upward trend, while a new meme coin gains momentum and attention, sparking excitement in the crypto community. Ethereum’s value is on a promising upward trend, sparking investor excitement. Meanwhile, a new meme coin is grabbing significant attention and momentum in the crypto community. This emerging asset is quickly capturing the interest and curiosity of market enthusiasts, adding a new layer of excitement. The unfolding dynamics hint at intriguing market shifts, inviting further exploration into these…

Alexey Pertsev, the Tornado Cash developer convicted of money laundering in 2024, has been released from prison under electronic monitoring as he continues his legal battle. The 31-year-old Russian national, sentenced to 64 months in a Dutch prison last May, announced his release in a February 6 post on X, stating, “Dear Friends, on Friday 7 February at 10 am I will be free! It is not real freedom, but it is better than prison.” His release follows multiple denied bail requests and ongoing debates over the legal treatment of privacy-focused crypto developers. A Dutch court suspended his pretrial detention,…

The Commodity Futures Trading Commission has announced plans for a crypto CEO Forum aimed at bringing industry leaders together to discuss a pilot program for digital asset markets. Specifically, the CFTC is seeking input from leading crypto companies on the agency’s regulatory sandbox for tokenized non-cash collateral. The pilot program will focus on assets such as stablecoins, the CFTC said in a press release. The CEO Forum will involve executives from several crypto firms, including USDC (USDC) stablecoin issuer Circle and top U.S.-based crypto exchange Coinbase. Ripple, the company behind XRP (XRP) and the stablecoin RLUSD and crypto exchange Crypto.com…