Cryptocurrency news

• Starknet's STRK Jumps After Developer StarkWare Agrees to Delay Token Unlocks

  22-02-2024 23:15
  
  StarkWare, the developer behind the Ethereum layer-2 blockchain Starknet, had come under heavy criticism for the unlocking schedule for its new STRK tokens.
  
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• Analyst: Bitcoin Has Never Been This Bullish, What’s Next?

  22-02-2024 23:00 via newsbtc.com
  
  While Bitcoin treads water around $50,000, with some predicting a slump, one analyst on X is swimming against the current, claiming the coin has “never been this bullish.” The coin is bullish despite cooling off from 2024 highs above $54,000.
  Analyst: Bitcoin Is Bullish, Here’s Why
  The analyst Mags argues that Bitcoin is, at spot rates, defying historical patterns and showing bullish signals, especially looking at the candlestick arrangements. Specifically, Bitcoin recently clo
  
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• Reddit Discloses Bitcoin and Ether Holdings in IPO Filing

  22-02-2024 22:26
  
  Reddit has submitted a filing with the Securities and Exchange Commission (SEC) to go public on the New York Stock Exchange under the ticker symbol “RDDT.”
  
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• Protocol Village: Research Paper Details 'Snarktor,' Featuring 'Recursive Proof Aggregation'

  22-02-2024 22:25
  
  The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 22-28.
  
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• Paris Saint-Germain Becomes Trailblazing Validator On Chiliz Blockchain, Fueling 9% Rally In CHZ

  22-02-2024 22:00 via newsbtc.com
  
  In a notable development that signifies the growing adoption of blockchain technology in the sports industry, Paris Saint-Germain (PSG) has announced its deepening partnership with Chiliz (CHZ), the Malta-based FinTech provider.
  PSG, one of the world’s most renowned football clubs, is set to become the first sports club to act as an official blockchain validator on the Chiliz Chain, a significant milestone for both organizations.
  Chiliz $1 Billion SportFi Ecosystem Attracts PSG
  According t
  
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• Reddit Discloses Holding Bitcoin and Ether in IPO Filing

  22-02-2024 21:53
  
  Reddit has submitted a filing with the Securities and Exchange Commission (SEC) to go public on the New York Stock Exchange under the ticker symbol “RDDT.”
  
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• How PubKey Revived Bitcoin Culture in New York City

  22-02-2024 21:44
  
  NYC-based Bitcoin enthusiasts, as well as the crypto-curious, now have a place to nerd out, discuss and learn about Bitcoin.
  
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• Bitcoin ETF Price/Flow Correlation is Declining: JPMorgan

  22-02-2024 21:34
  
  The price of bitcoin (BTC) has not been moving as closely in relation to flows in and out of the spot ETFs as it previously did, according to JPMorgan.
  
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• BNB Price Climbs to Highest Since FTX Crash Amid Airdrop Frenzy, Easing Binance Worries

  22-02-2024 21:17
  
  BNB holders transferred over $400 million worth of BNB tokens in 24 hours to benefit from cross-chain gaming project Portal's upcoming airdrop, Arkham Intelligence noted.
  
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• Frankfurt to Host New EU Money Laundering Watchdog Tasked With Monitoring Crypto

  22-02-2024 21:05
  
  The Anti-Money Laundering Authority is part of a broader effort by the European Union to combat illicit fund flows, and is ready to begin work as early as Friday, officials said Thursday.
  
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• Bitcoin Miner Marathon to Start 'Slipstream' to Make Complex BTC Transactions Faster

  22-02-2024 20:49
  
  The new offering will expedite the process of large and non-standard transactions.
  
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• Elliot Wave Theory Predicts Bitcoin Bottom And Top, Here Are The Targets

  22-02-2024 20:30 via newsbtc.com
  
  Bitcoin looks to be stuck in a consolidation zone between $50,000 and $52,000, with neither the bulls nor the bears succeeding in completely taking control of the trend. This performance has sparked a number of speculations on whether the BTC price has finally found a local top. One of those who have speculated on the price direction is crypto analyst Alan Santana, who has used the Elliot Wave Theory to predict where the price of the cryptocurrency might be headed next.
  Elliot Wave Points To Cor
  
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• The European Central Bank Is Either Lying About Bitcoin or Lying to Itself

  22-02-2024 20:29
  
  ECB Director General Ulrich Bindseil and advisor Jürgen Schaaf are definitely against bitcoin, but their reasons don’t make a lot of sense.
  
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• Retail Investors Were Likely Behind The Crypto Market Rally in February, JPMorgan Says

  22-02-2024 19:44
  
  Increased retail activity comes ahead of the three main catalysts in the coming months: the bitcoin halving, the Dencun upgrade of the Ethereum blockchain and the potential approval of spot ether ETFs, the report said.
  
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• S&P Global Just Made Ethereum's Centralization Risk a TradFi Concern

  22-02-2024 19:26
  
  Institutional interest in digital assets means that crypto terms such as 'Nakamoto Coefficient' are now mainstream issues.
  
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• Protocol Village: Research Paper Details 'Snarktor' Protocol With 'Recursive Proof Aggregation'

  22-02-2024 19:20
  
  The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 22-28.
  
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• Polygon Could See Bull Rally To $1.73 If This Happens: Analyst

  22-02-2024 19:00 via newsbtc.com
  An analyst explained that Polygon could see a potential bull rally to $1.73 if the cryptocurrency’s price is above this level.
  Polygon Appears To Be Breaking Out Of A Symmetrical Triangle Currently
  In a new post on X, analyst Ali talked about a multi-year Symmetrical Triangle that Polygon has been traveling inside. The “Symmetrical Triangle” is a pattern in technical analysis (TA) that, as its name already implies, looks like a triangle.
  The pattern comprises two converging tre
  
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• Worldcoin Gains 40%, Hits Record High as AI Tokens Surge on Nvidia

  22-02-2024 18:43
  
  The token was up amid broader optimism surrounding AI spilling over into crypto.
  
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• Protocol Village: Vault, Self-Custody Wallet from Uphold, Exits Two-Month Beta Phase

  22-02-2024 18:34
  
  The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 22-28.
  
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• Protocol Village: Helius Closes $9.5M Series A Round, Led by Foundation Capital

  22-02-2024 18:27
  
  The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 22-28.
  
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• ECB Officials' Full Statement on Bitcoin's Failed Promise and ETFs

  22-02-2024 18:26
  
  "Bitcoin has failed on the promise to be a global decentralised digital currency and is still hardly used for legitimate transfers. The latest approval of an ETF doesn’t change the fact that Bitcoin is not suitable as means of payment or as an investment," two ECB officials wrote in a blog post.
  
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• Coinbase Pushes Back on Reports It's Blocked in Nigeria

  22-02-2024 18:12
  
  Multiple outlets have reported other platforms such as Kraken and Binance have also been blocked under government orders.
  
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• Fundstrat Exec Predicts Bitcoin Will Reach $150,000, Here’s When

  22-02-2024 18:00 via newsbtc.com
  
  Tom Lee, Managing Partner and Head of Research at Fundstrat Global Advisors, recently commented on the future trajectory of Bitcoin. He also mentioned when the flagship crypto token could hit this particular price level. 
  Bitcoin To Rise To $150,000 This Year
  Lee mentioned during an appearance on CNBC’s “Squawk Box” that Bitcoin could rise to as high as $150,000 this year. His belief that BTC could rise to this price level is due to the fact that demand is improving with t
  
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• Bitcoin ETF Net Inflows Slow to a Trickle as Price Flattens

  22-02-2024 17:51
  
  Inflows into the 10 spot bitcoin exchange-traded funds dropped to a two-week low on Wednesday, with the group attracting only about a net 500 bitcoin, some $25.5 million, data collected from the issuers' websites shows.
  
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• Crypto for Advisors: Bitcoin’s 4th Halving Is Approaching

  22-02-2024 17:45
  
  The upcoming Bitcoin halving is going to have a significant impact on the number of bitcoin entering circulation.
  
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• Mastering Cryptocurrency Trading Through Technical Analysis Techniques - Finextra

  22-02-2024 17:19 via news.google.com
  
  Mastering Cryptocurrency Trading Through Technical Analysis Techniques  Finextra
  
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• The European Central Bank's Blog Post on Bitcoin ETFs

  22-02-2024 17:09
  
  "Bitcoin has failed on the promise to be a global decentralised digital currency and is still hardly used for legitimate transfers. The latest approval of an ETF doesn’t change the fact that Bitcoin is not suitable as means of payment or as an investment," two ECB officials wrote in a blog post.
  
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• Bitcoin Long-Term Call: Analyst Predicts Price To Soar To $500,000

  22-02-2024 17:00 via newsbtc.com
  
  As Bitcoin makes its way through the erratic waves of the cryptocurrency market, crypto analysts are still bullish about the asset, predicting BTC to reach unprecedented heights in the long run. 
  Bitcoin To Reach $500,000 In The Long-Term
  Bitcoin is currently in the spotlight as crypto expert Michael Van De Poppe has shared a bold prediction regarding BTC’s future with the community on the social media platform X (formerly Twitter). According to Poppe, Bitcoin is presently experi
  
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• Ondo Finance Integrates Tokenized Treasuries Onto Aptos

  22-02-2024 16:00
  
  Aptos is the latest chain to offer users access to Ondo’s USDY.
  
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• Green Bitcoin: Sustainable Energy Usage Surges To Record 55% High

  22-02-2024 16:00 via newsbtc.com
  
  Bitcoin, the enigmatic cryptocurrency known for its volatile price swings and digital gold status, is making a surprising play for a new title: sustainability champion.
  A recent analysis by Bitcoin environmental impact expert Daniel Batten reveals a remarkable surge in renewable energy use for mining, reaching a staggering 55%. This marks a significant shift from just four years ago, when the figure languished below 40%, and paints a picture of an industry undergoing a green metamorphosis.From C
  
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• Protocol Village: Alchemy Launches 'Modular Account' for Ethereum L2 Developers

  22-02-2024 15:50
  
  The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 22-28.
  
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• Eigen Labs, Developer Behind Restaking Protocol EigenLayer, Raises $100M From A16z Crypto

  22-02-2024 15:30
  
  The pioneering restaking project EigenLayer, led by Sreeram Kannan, isn't even live but investors are piling in. A16z Crypto is affiliated with the venture capital firm Andreessen Horowitz.
  
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• Protocol Village: DWallet Labs Announces Testnet Launch of 'dWallet Network'

  22-02-2024 15:09
  
  The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 22-28.
  
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• Is Ripple Dumping Millions Of XRP? CTO Addresses Reasons Behind $34 Million Transaction

  22-02-2024 15:00 via newsbtc.com
  
  Ripple has always been subjected to claims of manipulating the price of XRP and its natural growth by selling coins. As the cryptocurrency’s largest holder, Ripple has faced constant criticism about the amount of XRP it holds, with detractors arguing it gives them too much control and influence over the price. 
  Particularly, there’s been some drama swirling around the altcoin lately and claims that Ripple has been manipulating the market and systematically dumping its large hold
  
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• Ether's $3K Breakout Partly Fueled by Dealer Hedging, Analyst Says

  22-02-2024 14:37
  
  Options dealers likely bought ETH in spot/futures market to hedge their short call exposure, adding to bullish momentum, BloFin's Griffin Ardern said.
  
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• First Mover Americas: AI Mania Heats Up

  22-02-2024 14:05
  
  The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
  
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• Galaxy CEO Cautions Bitcoin May Fall To $42,000 Ahead Of Major Rally

  22-02-2024 14:00 via newsbtc.com
  
  In an exclusive interview with CNBC’s ‘Squawk Box’, Mike Novogratz, CEO of Galaxy Digital, provided an in-depth analysis of the current state and future trajectory of Bitcoin amidst a rapidly evolving financial landscape. The conversation spanned a variety of topics, including the recent surge in Bitcoin prices following the approval of spot Bitcoin ETFs and the impact of the Federal Reserve’s monetary policy on cryptocurrency markets.
  Bitcoin Amid Market Consolidation An
  
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• Advantages and disadvantages of cryptocurrency - The Economic Times

  22-02-2024 13:37 via news.google.com
  Advantages and disadvantages of cryptocurrency  The Economic Times
  
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• Ethereum Breaks Back Above $3,000, Will FOMO Lead To Top Again?

  22-02-2024 13:00 via newsbtc.com
  Ethereum has once again broken above the $3,000 level after previous attempts ended in failure as FOMO took over the investors.
  Ethereum Has Rallied 3% In Past Day To Break Back Above $3,000
  Earlier, Ethereum had made two attempts at the $3,000 level, but both of them had turned out to be brief as the asset quickly retraced back to lower levels. In the past day, ETH has once again made a push towards the mark, as the chart below shows.
  In this latest surge, ETH has seen a sharp recovery of more
  
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• Bitcoin ETF Approval Comparable to 'Naked Emperor’s New Clothes,’ ECB Officials Say

  22-02-2024 12:40
  
  The U.S. SEC’s approval of multiple spot ETFs and the billions of dollars that have poured in since doesn't make Bitcoin a good investment or a better means of payment, the central bankers said in a blog post.
  
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• England's Law Commission Seeks Views on Draft Legislation to Label Crypto as Property

  22-02-2024 12:30
  
  The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.
  
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• England's Law Commission Seeks Draft Views on Legislation to Label Crypto as Property

  22-02-2024 12:24
  
  The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.
  
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• South Korea’s Most Populated Province Traces and Collects $4.6M From Crypto Tax Evaders

  22-02-2024 12:01
  
  South Korea's most populated province, Gyeonggi, has collected $4.6 million from crypto tax evaders, it announced on Thursday, according to a local report by Yonhap News Agency.
  
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• Billionaire Tim Draper Bullish On Bitcoin As It Will Surpass Traditional Currencies, Here’s Why

  22-02-2024 12:00 via newsbtc.com
  
  Tim Draper, founder of Draper Associates and Billionaire venture capitalist, recently shared his thoughts on Bitcoin and the flagship crypto token’s potential to revolutionize the global economy. Specifically, Draper highlighted how BTC could replace the Dollar and other fiat currencies soon enough.
  BTC To Replace The US Dollar
  Draper mentioned during an interview on Bloomberg that the time is coming when people “won’t want the Dollars” anymore. He believes this would hap
  
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• South Africa to Start Work on Stablecoin Regime, Will Start by Considering Use Cases

  22-02-2024 11:39
  
  The Intergovernmental Fintech Working Group is also considering the impact of tokenization on domestic markets.
  
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• Apecoin Climbs To 6-Month High Amidst Whales’ Strategic Moves

  22-02-2024 10:30 via newsbtc.com
  
  Apecoin (APE) is experiencing a rollercoaster ride in 2024. After plummeting to an all-time low of $1.01 in October 2023, the Bored Ape Yacht Club governance token has experienced a dramatic turnaround, buoyed by strategic whale buying and a recent partnership with the Arbitrum network.
  However, with a 13% pullback in the past two days and lingering profit-taking concerns, questions remain about whether the bulls can defend key support levels and push the price back towards its former glory.
  At
  
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• Paris Saint-Germain Becomes First Soccer Team to Validate a Blockchain

  22-02-2024 10:00
  
  French football giant Paris Saint-Germain said it will become a network validator for the Chilliz Chain and use the revenue to repurchase its fan tokens.
  
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• Top 6 Altcoins That Will Benefit From Ethereum’s Dencun Upgrade: Crypto Analyst

  22-02-2024 09:25 via newsbtc.com
  As the Ethereum ecosystem braces for the much-anticipated Dencun upgrade, renowned crypto analyst Miles Deutscher provides an in-depth look at the altcoins poised for significant growth.
  Scheduled for March 13, the Dencun upgrade is a critical hard fork aimed at enhancing Ethereum’s scalability, security, and usability. Deutscher’s insights reveal how specific Layer 2 (L2) solutions are uniquely positioned to benefit from the upgrade’s introduction of Proto-Danksharding and oth
  
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• Vitalik Buterin Floats Idea of AI-Based Code Audits, Ethereum Project Developers Back Him Up

  22-02-2024 09:12
  
  In 2023, crypto users lost an estimated $2 billion to hacks and scams, with Ethereum experiencing the highest losses due to its extensive ecosystem and high-profile projects.
  
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• Bitcoin Back Over $51K, Crypto Market Recovers as Nvidia's Earnings Rejuvenates AI-Tokens

  22-02-2024 08:28
  
  The haphazard price action caused over $200 million in liquidations of crypto-tracked futures, of which $150 million were longs, or bets, against higher prices.
  
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