Author: John Smith
The crypto market enjoyed a sharp recovery on Feb. 4, with Bitcoin surging past the $102K mark after experiencing a sharp drop the day before. Bitcoin (BTC) climbed above $102 after hitting a low of approximately $91,229 the day before following the announcement of major tariff hikes by the U.S. President Donald Trump. Renowned crypto market analyst Michael van de Poppe noted on X that Bitcoin’s quick rebound was expected due to market volatility. He said that a new ATH is likely in Feb. on the condition that Bitcoin stays above $93,000 level. https://twitter.com/CryptoMichNL/status/1886680087451545736 Bitcoin’s drop on Feb. 3 was…
XCN crypto surged to as high as 43% over the past day as Onyx announced the launch of its own Layer-3 blockchain. Onyxcoin’s token (XCN) broke out of its four days of downtrend to an intraday high of $0.033 on Feb. 4. Today’s gains pushed its market cap to nearly $1 billion while extending its monthly gains to over 1,000% as of last check Tuesday afternoon, Asian time. XCN’s price rally came along with a jump in demand and trading activity. Over the past 24 hours, the altcoin’s daily trading volume jumped 20% to over $434 million, while open interest…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. AI-powered token GRIFT surges 44% overnight, signaling strong investor interest, while MIND of Pepe emerges as a next-gen meme coin with real utility in the AI-crypto space. ORBIT’s native AI-powered token, GRIFT, has seen a significant price surge, jumping 44% overnight to hit $0.04646. The rapid price increase has pushed the token’s market cap to $40.5 million, with $68.9 million in 24-hour trading volume, indicating strong investor interest and momentum in the market. As AI-powered crypto projects like ORBIT’s…
Phishing scams drained over $10.2 million in crypto from more than 9,000 victims in January, a 56% drop from December, data shows. While phishing losses fell 56% in January to $10.25 million, new threats are spreading fast, according to latest findings reported by blockchain firm ScamSniffer. In a Feb. 3 thread on X, the firm revealed that more than 9,200 victims lost funds last month. “Transaction simulation spoofing,” a scam tricking users into signing fake transactions, has cost victims hundreds of thousands in a single attack. For instance, one user lost 143.45 in Ethereum (ETH) (around $461,000) in just one…
A city in South Korea plans to launch its own virtual asset electronic seizing system next month to seize crypto assets belonging to tax evaders. According to South Korean media outlet Energy Kyungjae, the city of Gwacheon has announced that it will launch “its own electronic virtual asset seizing system.” The city regulators hope to use the IT solutions in the wider Gyeonggi Province to identify crypto wallets belonging to tax evaders living in the city in the near future. Using the new seizing system, Gwacheon City will mainly target 361 high-income citizens who have been identified for not paying…
Following Donald Trump’s election, Singapore’s wealth managers have begun allocating vast amounts of capital to crypto investment. According to Gerald Goh, CEO of Sygnum, a Singapore-based virtual asset banking group, Trump’s re-entry has had an electrifying effect on cryptocurrencies and crypto-related companies, leading to a mad scramble for rich Asian investors who are now allocating larger portions of their portfolios to digital assets. In an interview with Nikkei Asia, Goh revealed that his firm’s onboarding rate for new clients “probably doubled or tripled” in the week following Trump’s victory. Giving a wider overview over prevailing market sentiment in Singapore, he…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As XRP faces regulatory hurdles, Remittix emerges as a smart crypto-to-fiat payment solution, attracting investors with its potential for major growth in 2025. The crypto cross-border payment space has witnessed several changes since Q4 2024. Two crypto projects have championed this growth with distinct offerings and perks for users. Leveraging its speed and affordability, XRP price growth has shown why the project is a top option for cross-border transactions. Yet, XRP’s effort to strengthen its market position hasn’t stopped…
Crypto sleuth ZachXBT urges Coinbase to take action after its users reportedly got scammed for tens of millions from Dec. 2024 to Jan. 2025 alone. In a viral thread that has reached millions of views, ZachXBT and zeroShadow web3 security investigator tanuki42 compiled reports from Coinbase users who lost their funds in a series of social engineering scams throughout December 2024 up until January 2025. After gathering Coinbase withdrawals reports from X users via direct messages, the duo concluded that at least $65 million have been stolen from Coinbase user accounts during a two-month period. Though, Zach claims this estimation…
Ethereum saw a dramatic price surge, skyrocketing from around $2,300 to over $2,900 in less than 24 hours. The rapid Ethereum (ETH) recovery followed a post-tariff crypto market bloodbath on Feb. 3, which saw Ether plummet to a low of approximately $2,300, and was fueled by Eric Trump’s bullish endorsement of Ethereum in his recent post on X. That being said, Ethereum had already started rebounding to around $2,700 after U.S. President Donald Trump announced a temporary halt on proposed trade tariffs on Canada and Mexico. Eric Trump’s post was a just catalyst, fueling the second half of the rally. …
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analysts see 1Fuel as a promising project, combining Solana’s speed and Ethereum’s DeFi strength to create a powerful, investor-favored ecosystem for 2025. 1Fuel, a highly anticipated cryptocurrency wallet, is creating buzz in the cryptocurrency space due to its unique features and functionality. Analysts have noticed the fundamentals of both SOL and ETH in 1Fuel, most especially in SOL’s developer-friendly ecosystem and ETH’s successful initial coin offering. This has prompted experts to term 1Fuel as a leading project in 2025. …