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February 9, 2024
Whether Bitcoin’s era has begun is hard to say, but the challenges to broader adoption may be the last breath of a prolonged crypto winter. Bitcoin (BTC) is becoming a substitution for gold, according to ARK Invest CEO Cathie Wood. In an interview on Feb. 4, Wood said she believes that, like gold, the cryptocurrency...
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The NYAG reached a settlement with Genesis Holdco in a Feb. 8 filing and named it in an amended complaint on Feb. 9. The New York State Office of the Attorney General (NYAG) settled with Genesis Global Holdco in a proposed motion in its case surrounding the Gemini Earn program on Feb. 8. The following...
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A variety of bullish factors back Ethereum’s recent rally to $2,500. Ether (ETH) price witnessed a 10% price increase in the first 9 days of February, breaking above $2,450 for the first time in three weeks. This movement was aligned with the broader cryptocurrency market’s bullish momentum and significantly influenced by the macroeconomic environment.  Despite...
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Bitcoin bulls are chasing a new year-to-date high. Cointelegraph explains what is behind the BTC price move. Bitcoin price is up 6.28% over the last 24 hours and hit an intra-day high at $48,200 on Feb. 9. Given this performance, technical indicators, rallying spot Bitcoin ETF shares and on-chain data show that Bitcoin (BTC) has...
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Experts say the SEC’s new rule impacting DEX liquidity providers has attracted much criticism and may be challenged in court. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. In an interview with Cointelegraph, Ripple’s president...
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The crypto exchange cited data suggesting that roughly 8.2 million people in California owned digital assets, the majority of which were more likely to support pro-crypto lawmakers. United States-based cryptocurrency exchange Coinbase predicted crypto-focused voters in California would play a “meaningful role” in the 2024 elections based on ownership and opinions of digital asset-related policies....
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If the past is any predictor, soon everyone will be wearing computers on their faces. Apple’s biggest new hardware launch in decades happened on Feb. 2 when the Vision Pro spatial computer hit the United States market. Based on the reported preorder sales and the company’s history of hardware hits, there are plenty of reasons...
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Rising inflows into the spot Bitcoin ETFs have improved investors’ sentiment toward the crypto market and could a factor in BTC price and altcoins moving higher. Bitcoin (BTC) is on the move, and the exchange-traded funds (ETFs) investors are cheering the rise by buying more. The spot Bitcoin ETFs witnessed their third largest inflows on...
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John Reed Stark suggested the NBA should prohibit crypto sponsorships, just as if a team partnered with “a heroin manufacturing firm or a blood diamond mining company.” John Reed Stark, the former internet enforcement chief for the United States Securities and Exchange Commission (SEC), has sided with aggrieved crypto investors in a lawsuit against the...
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Bitcoin may be consolidating after 6% daily gains, but the potential for runaway BTC price upside is there, says analysis. Bitcoin (BTC) took a rain check on snap upside at the Feb. 9 Wall Street open as 24-hour gains hit 6%. Data from Cointelegraph Markets Pro and TradingView showed BTC price trajectory retracing after reaching...
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