The market has made a big shift in the last two weeks, from nearly $500 million going out to $708 million coming in, according to CoinShares. The digital assets market grew during the week that began on Jan. 29, with global digital assets under management reaching $53 billion. The gains were largely due to investments...Continue Reading

Bitcoin price hovers near the $43,000 level. Do bulls have plans to press BTC higher? Bitcoin (BTC) encountered difficulties as its price struggled to hold the $43,000 support on Feb. 5. The setback came after U.S. Federal Reserve (Fed) Chair Powell pushed back on market expectations for interest rate cuts in the next few months....Continue Reading

Meanwhile, Terraform co-founder and CEO Do Kwon is coming to the United States for trial on charges advanced by the SEC. Former Terraform Labs chief financial officer Han Chang-joon was extradited from Montenegro to South Korea on Feb. 5, according to a statement by the police on a Montenegrin government website. Han was identified only...Continue Reading

Hester Peirce believes that if the SEC is “confident in its investigative work” and analysis, it doesn’t need to “demand silence on the part of settling defendants.” United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce disagreed with her agency’s denial of a petition to amend its 1972 “gag rule,” which forbids defendants from...Continue Reading

Bitcoin price is range bound, and even though altcoins are rallying, the strong U.S. dollar could act as a significant barrier. Stock markets in the United States continued their march higher last week, even after the Federal Reserve Chair Jerome Powell dashed hopes of a rate cut in March. However, Powell did say that a...Continue Reading

Vast Bank made the strategic decision to shutter its mobile crypto app and exit the scene after receiving an OCC consent order in October 2023. Vast Bank, an entity claiming to be the first United States banking institution to allow its customers to buy, sell and hold cryptocurrencies “alongside a traditional checking account,” has shuttered...Continue Reading

The AI was able to manipulate a live conversation between two people without either noticing. IBM Security researchers recently discovered a “surprisingly and scarily easy” technique to hijack and manipulate live conversations using artificial intelligence (AI). The attack, called “audio-jacking,” relies on generative AI — a class of AI that includes OpenAI’s ChatGPT and Meta’s...Continue Reading

Bitcoin rises into the week’s Wall Street open as China spooks investors, but BTC price analysis reveals what looks like growing support for a major drop. Bitcoin (BTC) spiked past $43,500 into the Feb. 5 Wall Street open as United States markets reacted to Chinese stock turmoil. Data from Cointelegraph Markets Pro and TradingView showed...Continue Reading

ProShares sees benefits of the launch of spot Bitcoin ETFs for its Bitcoin futures products, according to a senior investment strategist. ProShares, a major issuer of futures-based Bitcoin (BTC) exchange-traded funds (ETF), doesn’t face any threats potentially associated with the launch of spot Bitcoin ETFs in the United States, according to a senior executive. ProShares...Continue Reading

The Clawback proposal on the XRPL blockchain could enhance XRP’s appeal to institutional investors, but the impact on price may disappoint bulls. The XRP community is rallying in support of the Clawback proposal, set to be implemented on the XRP Ledger (XRPL) on Feb. 8, 2024. This proposal has gained overwhelming approval, with 94% of...Continue Reading