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Bitcoin Extends Losses to Below $97K Following David Sacks Press Conference

It was mostly a wonky discussion from Sacks and four Senate/House committee chairs.

Published on: February 04, 2025 | Source: CoinDesk favicon CoinDesk

How to Prepare for Berachain: The Novel Proof-of-Liquidity Blockchain

Berachainโ€™s highly anticipated proof-of-liquidity blockchain is launching this week. Hereโ€™s how you can prepare.

Published on: February 04, 2025 | Source: Decrypt favicon Decrypt

US prosecutors must rethink DeFi stance โ€” a16z

DEXs like Uniswap should not be held liable for user actions they canโ€™t control, the venture capital firm said.

Published on: February 04, 2025 | Source: Cointelegraph favicon Cointelegraph

Trumpโ€™s Crypto Czar says Bitcoin reserve evaluation, stablecoin legislation top priorities for administration

The White House โ€œCrypto Czar,โ€ David Sacks, said the crypto working group established by President Donald Trumpโ€™s executive order is evaluating the establishment of a Bitcoin (BTC) reserve as an early priority for the administration. However, in response to questions about the US sovereign wealth fund also buying Bitcoin, Sacks said that would be evaluated [โ€ฆ] The post Trumpโ€™s Crypto Czar says Bitcoin reserve...

Published on: February 04, 2025 | Source: CryptoSlate favicon CryptoSlate

Republicans announce formation of bicameral crypto working group

The working group involving four congressional committees will be separate from one studying a Bitcoin reserve under Donald Trumpโ€™s executive orders.

Published on: February 04, 2025 | Source: Cointelegraph favicon Cointelegraph

SEC Commissioner Hester Peirce Lays Out 10 Priorities for New Crypto Task Force

Peirce also urged crypto companies to be patient as the agency decides how to โ€œdisentangleโ€ itself from litigation initiated under former Chair Gary Gensler.

Published on: February 04, 2025 | Source: CoinDesk favicon CoinDesk

Ethereum Game 'What Is This Sorcery' Is Raising Funds via Kickstarterโ€”Here's Why

Trading card game What Is This Sorcery is raising funds via Kickstarter to produce physical cardsโ€”but itโ€™s more than just a fundraiser.

Published on: February 04, 2025 | Source: Decrypt favicon Decrypt

Why Smart Investors Buy Bitcoin Not Real Estate

Bitcoin's finite supply, unmatched liquidity, and deflationary model make it the ultimate asset for modern investors. Learn why forward-thinking investors have decided to buy Bitcoin over real estate in an inflationary world.

Published on: February 04, 2025 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Bitcoin OP_CAT Proposal Gets Boost From Taproot Wizards' $30M Fundraise

Taproot Wizards will use the funding to build an ecosystem of applications using the OP_CAT Bitcoin improvement proposal

Published on: February 04, 2025 | Source: CoinDesk favicon CoinDesk

Time for a Solana price rebound? SOL futures are mixed, but onchain looks bullish

Solana appears to be in the early stages of a recovery, and the network's steady adoption could support longer-term price growth.

Published on: February 04, 2025 | Source: Cointelegraph favicon Cointelegraph

Crypto Markets Structure, Stablecoin Bills Will Pass Within Trump's First 100 Days: Senator Scott

A stablecoin bill proposed Tuesday will likely come first, lawmakers announced at a press conference from White House AI and Crypto Czar David Sacks.

Published on: February 04, 2025 | Source: Decrypt favicon Decrypt

Bitcoin block size could grow to 4 MB with inscriptions: Research

Block sizes have increased steadily since Bitcoin's Taproot upgrade, but they have more room to grow, according to Mempool Research.

Published on: February 04, 2025 | Source: Cointelegraph favicon Cointelegraph

OpenAI makes strategic push into Asia with Kakao partnership amid negotiations with SoftBank

Kakao Corp. has become the first South Korean company to form a strategic partnership with OpenAI, marking a major step in the AI research firmโ€™s expansion into Asia. The collaboration aims to integrate OpenAIโ€™s advanced models into Kakaoโ€™s platforms, including KakaoTalk and its upcoming AI assistant Kanana, while also co-developing AI-driven products tailored to the [โ€ฆ] The post OpenAI makes strategic push into Asia...

Published on: February 04, 2025 | Source: CryptoSlate favicon CryptoSlate

BTC volatility hits record low, stablecoin transaction value tops Visa โ€” ARK

Bitcoinโ€™s price rallied by 122% in 2024, yet its annualized volatility reached the lowest level on record.

Published on: February 04, 2025 | Source: Cointelegraph favicon Cointelegraph

Acting SEC Chair Uyeda Names 3 Appointees to Agencyโ€™s New Crypto Task Force

Landon Zinda, former policy director for crypto think tank Coin Center, is the task forceโ€™s new senior advisor.

Published on: February 04, 2025 | Source: CoinDesk favicon CoinDesk

Flash Crash Means Bitcoin Trades Higher in Korea as Kimchi Premium Soars

Paying a premium for Bitcoin in South Korea is the norm. Here's why it spiked on Monday.

Published on: February 04, 2025 | Source: Decrypt favicon Decrypt

SEC acting chair onboards ex-Coin Center director to crypto task force

Former Coin Center policy director Landon Zinda has left the crypto advocacy group to join the SEC as a senior adviser.

Published on: February 04, 2025 | Source: Cointelegraph favicon Cointelegraph

Will Trumpโ€™s trade war bring an early end to the Bitcoin bull market?

Bitcoinโ€™s sell-off might not be over yet, but does data point to the potential end of the BTC bull market?

Published on: February 04, 2025 | Source: Cointelegraph favicon Cointelegraph

Trump's Crypto Czar Sacks Says 'Golden Age' Coming

David Sacks and the leaders of the congressional committees that will handle crypto legislation outlined their plans at a press conference.

Published on: February 04, 2025 | Source: CoinDesk favicon CoinDesk

President Trump's Solana Meme Coin Plunges 37% as Trade War Rocks Crypto Market

Donald Trump's Solana meme coin fell to the lowest price seen since just hours after launch. It's now the biggest loser in the top 100 coins.

Published on: February 04, 2025 | Source: Decrypt favicon Decrypt

Trumpโ€™s trade war could boost Bitcoinโ€™s prospects long-term โ€“ Bitwise

Bitcoin (BTC) is positioned to benefit in the long term regardless of the outcome of President Donald Trumpโ€™s trade policies, according to Bitwise head of alpha strategies Jeff Park. Whether a successful agreement leads to a weaker dollar or an extended trade conflict results in increased monetary stimulus, Park argued that Trumpโ€™s economic strategy, including [โ€ฆ] The post Trumpโ€™s trade war could boost Bitcoinโ€™s...

Published on: February 04, 2025 | Source: CryptoSlate favicon CryptoSlate

SEC is evaluating โ€˜retroactive reliefโ€™ for past coin offerings

SEC Commissioner Hester Peirce said on Feb. 4 that the agency is reconsidering whether certain types of crypto assets are securities.

Published on: February 04, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin Price Buoyed by Delayed Trump Tariffs, But BTC Isn't Out of the Woods Yet

โ€œIt will definitely happen with the European Union,โ€ Trump said Sunday.

Published on: February 04, 2025 | Source: Decrypt favicon Decrypt

Senator Bill Hagerty pushes for stablecoin regulatory framework

Senator Bill Hagerty intends to introduce legislation on Feb. 4 to establish a regulatory framework for stablecoins, Bloomberg News reported. The bill โ€” dubbed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act โ€” will outline provisions for issuing stablecoin payments and mandate that they be backed by US currency, Federal Reserve notes, [โ€ฆ] The post Senator Bill Hagerty pushes for...

Published on: February 04, 2025 | Source: CryptoSlate favicon CryptoSlate

FTXโ€™s Bahamas arm to repay first creditor group starting on Feb. 18

A distribution notice from FTX Digital Markets showed that the initial group of claimants could expect the value of their funds to be returned plus interest.

Published on: February 04, 2025 | Source: Cointelegraph favicon Cointelegraph

The DeepSeek-R1 Effect and Web3-AI

Unlike most advancements in generative AI, the release of DeepSeek-R1 carries real implications and intriguing opportunities for Web3-AI.

Published on: February 04, 2025 | Source: CoinDesk favicon CoinDesk

Sol Strategies Bolsters Solana Holdings to Near 190,000 SOL Worth More Than $40M

The Canadian investment company, led by former Valkyrie Investments co-founder Leah Wald, has also acquired validators on other blockchains and holds some BTC.

Published on: February 04, 2025 | Source: CoinDesk favicon CoinDesk

FTX to begin payout distributions for small creditors on Feb. 18, large claims remain pending

FTX is set to begin distributing funds to small creditors on Feb. 18, marking a key development in the defunct crypto exchangeโ€™s bankruptcy process. The Joint Official Liquidators (JOLs) of FTX Digital Markets Ltd. confirmed Tuesday that creditors with approved Convenience Class claims โ€” valued at $50,000 or less โ€” will receive full repayment along [โ€ฆ] The post FTX to begin payout distributions for small creditors on...

Published on: February 04, 2025 | Source: CryptoSlate favicon CryptoSlate

Trump, tariffs and the 2025 bull market: Insights from Altcoin Daily interview

Altcoin Dailyโ€™s Austin Arnold discusses how global events and Trumpโ€™s influence are shaping the crypto bull market.

Published on: February 04, 2025 | Source: Cointelegraph favicon Cointelegraph

Ethereumโ€™s New Cheerleader on Wall Street: A Q&A With Vivek Raman

Vivek Raman, the founder of Etherealize, spent 10 years on Wall Street. Now he's trying to market Ethereum to big banks.

Published on: February 04, 2025 | Source: CoinDesk favicon CoinDesk

Solana and Ethereum Rival Berachain Launching This Week With BERA Airdrop

Berachain will launch its mainnet on Thursday after a year of teasing, with an airdrop of BERA coming for eligible early users.

Published on: February 04, 2025 | Source: Decrypt favicon Decrypt

Bitcoin and Game Theory: How Competition Accelerated Bitcoinโ€™s Rise

Game theory helps to explain why early Bitcoin adopters can win big, and why waiting can be a costly mistake.

Published on: February 04, 2025 | Source: Decrypt favicon Decrypt

Who is Andean Medjedovic, the alleged $48M KyberSwap hacker?

Canadian national Andean Medjedovic has been accused of committing the $48-million exploit on DeFi protocol KyberSwap.

Published on: February 04, 2025 | Source: Cointelegraph favicon Cointelegraph

R3 Sustainability, Chintai launch $795M tokenized ESG fund

The fund is part of the growing RWA tokenization sector, which refers to financial and other tangible assets minted on the immutable blockchain ledger.

Published on: February 04, 2025 | Source: Cointelegraph favicon Cointelegraph

U.S. Senate's Effort on Stablecoins Revealed in New Bill from Hagerty

The Senate has pushed stablecoin bills before, but the chamber is now led by Republicans who want to make Hagerty's latest effort happen.

Published on: February 04, 2025 | Source: CoinDesk favicon CoinDesk