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Coinbase must face a lawsuit by customers who accused the largest U.S. cryptocurrency exchange of illegally selling securities without registering as a broker-dealer, a federal judge ruled on Friday 👨⚖️
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According to Bloomberg, Bitcoin is currently under pressure after performing better than most asset classes in 2024. Data shows that Bitcoin has only risen by about 3% this year, while gold has risen by 9% 📊
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Trump and X reached a settlement on the lawsuit filed by the Twitter injunction after January 6 👨⚖️
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Metaplanet has 100x since adopting the Bitcoin Standard playbook 🚀
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🗞 February 7, 2025 cryptocurrency news highlights
【Cryptocurrency】
💰 Bitcoin Market Update: BTC is trading t $96,429, down 0.951% daily, with dominance rising to 61%. Futures interest holds at $58.37B, while trading volume drops 17%, signaling cautious sentiment.
【Economy】
Japan's App Store and Google Play store has blocked downloads for Bybit, Bitget, MEXC, KuCoin, and Bitcastle following a request from the Financial Services Agency (FSA) after its prior warning.
【Indicators】
📈 BlackRock raises its stake in Strategy to 5%, expanding its Bitcoin exposure as its $55.5B ETF leads U.S. spot BTC holdings.
【More】
Bitcoin Network Activity Hits One-Year Low, Long-Term Holders Addresses Still Growing
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Bitcoin Network Activity Hits One-Year Low, Long-Term Holders Addresses Still Growing
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Yesterday (February 6, EST), the total net outflow of Bitcoin spot ETFs was US$140 million. Yesterday, Grayscale ETF GBTC had a single-day net outflow of US$42.2067 million. Grayscale Bitcoin Mini Trust ETF BTC had a net inflow of US$5.1524 million in a single day.
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If you put your stimulus check into Bitcoin you'd now have +17k worth of Bitcoin.🫡
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🗞 February 6, 2025 cryptocurrency news highlights
【Cryptocurrency】
Jupiter's official Twitter was suspected of being hacked after posting about a suspicious token. The token briefly surged to a $20 million market cap, but its developer withdrew liquidity, causing a sharp price drop. Users are advised to be cautious.⚠️
【Economy】
🇨🇿 Czech President signed a law removing the capital gains tax on Bitcoin after 3+ years of holding 🔥
【Indicators】
Solana app revenues surged by 213% in Q4 2024, rising from $268m in Q3 to $840m in Q4, driven primarily by memecoin speculation
【More】
Russia issued new crypto mining rules, requiring them to report earnings every 20th of the month and only allow approved entities to operate.
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HISTORY: 🟠 In 2019, a CNBC host called Tom Lee's suggestion to allocate 1-2% of one's portfolio to Bitcoin at $5,000 "crazy." 😂
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Russia issued new crypto mining rules, requiring them to report earnings every 20th of the month and only allow approved entities to operate.
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Yesterday, the US Bitcoin Spot ETF saw a net inflow of $66.37 million & US Ethereum Spot ETF Saw Net Inflows of $18.11 Million 🕯
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Ark Invest confirms that Bitcoin is on pace to meet its 2030 price targets 📈
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🗞 February 5, 2025 cryptocurrency news highlights
【Cryptocurrency】
🇯🇵 Metaplanet stock price hits a new 8-year high ❗️
【Economy】
Robinhood is suspending its Super Bowl betting service at the CFTC’s request, following the agency's compliance inquiries into Crypto .com and Kalshi’s Super Bowl markets.
【Indicators】
Bitcoin's hashrate hit a new all-time high of 833 EH/s, a 9% increase from 767 EH/s in recent days, according to Glassnode. 📈
【More】
The Trump family collectively holds approximately $15.6 billion in cryptocurrency assets, with $14 billion attributed to TRUMP Coin.
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The account of former Malaysian Prime Minister X is suspected to be stolen. Users should pay attention to the risks
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Rapper Kanye West: Will not issue coins to deceive fans 💰
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Japan requires Apple and Google to remove unregistered cryptocurrency exchange applications 🇯🇵
The Japan Financial Services Agency said that this action is not to "close cryptocurrency investment", but to "draw a line" for non-compliant exchanges.
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Bitcoin briefly surged above $100,000 yesterday evening before falling again, dropping to below $96,000 this morning, and is now trading at $96,652.💰
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Bitcoin Update: BTC trades at $96,514.0, dropped 0.45% daily and 6.78% weekly, with a $95,707–$100,154 range. A weak U.S. jobs report fuels Fed rate speculation, impacting risk assets 📉
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📈 BlackRock raises its stake in Strategy to 5%, expanding its Bitcoin exposure as its $55.5B ETF leads U.S. spot BTC holdings.
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Japan's App Store and Google Play store has blocked downloads for Bybit, Bitget, MEXC, KuCoin, and Bitcastle following a request from the Financial Services Agency (FSA) after its prior warning.
In November 2024, the FSA cited these exchanges for operating without registration and serving Japanese residents illegally. Under Japan’s 2017 law, only FSA-licensed exchanges can operate in the country.
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46 states in the USA have declared Gold as Money or Monetary Financial asset (MMF)📣‼️
➡️ Read Here
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💰 Bitcoin Market Update: BTC is trading t $96,429, down 0.951% daily, with dominance rising to 61%. Futures interest holds at $58.37B, while trading volume drops 17%, signaling cautious sentiment.
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🇨🇿 Czech President signed a law removing the capital gains tax on Bitcoin after 3+ years of holding 🔥
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Canada Prohibits Crypto Funds from Qualifying for Lower Margin Requirements
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Solana app revenues surged by 213% in Q4 2024, rising from $268m in Q3 to $840m in Q4, driven primarily by memecoin speculation.
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Jupiter's official Twitter was suspected of being hacked after posting about a suspicious token. The token briefly surged to a $20 million market cap, but its developer withdrew liquidity, causing a sharp price drop. Users are advised to be cautious.⚠️
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🪙 XRP trades at $2.43–$2.46, down 6.4% in 24 hours, with a $142B market cap and $7.93B trading volume. The 24-hour range of $2.44–$2.70 signals ongoing bearish pressure 🕯
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🇯🇵 Metaplanet stock price hits a new 8-year high ❗️
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The Trump family collectively holds approximately $15.6 billion in cryptocurrency assets, with $14 billion attributed to TRUMP Coin.
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