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Trump’s Crypto Czar Envisions A Golden Age For Digital Assets In Bold New Statement
In a highly anticipated conference on Tuesday, David Sacks, the newly appointed “Crypto Czar” and venture capitalist, alongside Republican lawmakers, laid out plans to develop a regulatory framework for crypto assets in the United States. Speaking to CNBC, Sacks further expressed optimism about the ...Bitcoinist
Wed, Feb 5
Unions drag US Treasury to court for giving Elon Musk’s D.O.G.E read-only access to data
A powerful group of unions has declared war on the US Treasury Department, filing a lawsuit to stop Elon Musk’s Department of Government Efficiency (D.O.G.E) from accessing sensitive financial and personal information yesterday. The unions want an immediate court order slamming the brakes on Elon’s access to federal payment systems, saying the Treasury illegally handed […]Cryptopolitan
Wed, Feb 5
Is An Altcoin Season Around The Corner? Here’s What Historical Data Shows
The much-anticipated altcoin season, during which huge capital flows from Bitcoin toward alts continue to fail to manifest, as major tokens like Ethereum struggle to initiate a significant rally. With top altcoins facing a pullback, the possibility of an altseason remains low. Altcoin Season Unfoldi...Bitcoinist
Wed, Feb 5
Solana Could Target $220 If It Holds Current Levels – Analyst Expects Short-Term Bullish Momentum
Solana is trading above the crucial $200 level after enduring days of extreme volatility and heavy selling pressure. Despite the uncertainty, Solana remains one of the strongest assets in the crypto market, sustaining its bullish momentum that has been in place since 2023. Investors and analysts are...NewsBTC
Wed, Feb 5
Ethereum Price Forecast: Pectra upgrade may spur ETH to regain ‘ultra sound money’ status
Ethereum (ETH) is up 2% on Wednesday as researcher Justin Drake highlights that ETH will become "ultra sound money" again following potential improvements in the network's data availability capacity through the Pectra upgrade.
Fxstreet
Wed, Feb 5
The Calm Before The Storm: Why The Dogecoin Price Is Preparing For Another Explosion Above $0.4
Crypto analyst Crypto Paradise has raised the possibility of the Dogecoin price recording another explosive rally above the psychological $0.4 level. The analyst highlighted a bullish pattern, which proves that the foremost meme coin could witness this parabolic move. Why The Dogecoin Price Could So...Bitcoinist
Wed, Feb 5
XRP Price Enters Golden Pocket: Analyst Says It’s A Good Buy At These Levels
The XRP price has entered a Golden Pocket—a key Fibonacci retracement level that often acts as strong support. According to a crypto analyst, this new development could present an attractive buying opportunity for investors, especially as the market consolidates. XRP Price Golden Support Could Trigg...NewsBTC
Wed, Feb 5
Freeze, Seize, And Sidelined: Cardano Founder Slams Wyoming’s Stablecoin
In a livestream on February 4, 2025, Charles Hoskinson, founder of Cardano and CEO of Input Output Global (IOG), delivered a stark rebuke of Wyoming’s plan to develop a state-backed stablecoin. Hoskinson alleges that “freeze and seize” requirements—enabled by cryptographic tools to prevent or revers...Bitcoinist
Wed, Feb 5
Ethereum Drops Below $3K—And This US Congressman Is Loading Up
The latest cryptocurrency investment of a US legislator, who bought Ethereum (ETH) when its price dropped below $3,000, is generating headlines. Representative Michael Collins has reportedly taken advantage of the dip by purchasing between $1,000 and $15,000 worth of Ethereum. In addition, he made a...Bitcoinist
Wed, Feb 5
MicroStrategy deepens bitcoin focus with rebrand
Feb 5 (Reuters) - MicroStrategy MSTR.O, the biggest corporate holder of bitcoin BTC=, said on Wednesday it would now operate as "Strategy" and unveiled a new logo to emphasize its commitment to the cryptocurrency space.The rebrand was "a natural evolution" as it seeks to integrate bi...Reuters
Wed, Feb 5
Why Bitcoin Wins No Matter The Outcome Of Trump’s Trade War
In an escalation of global economic friction, President Trump’s imposed tariffs have roiled financial markets this week, cutting across both equities, Bitcoin and cryptocurrencies. Yet a new memo from Bitwise Asset Management suggests that these headwinds might ultimately propel Bitcoin to new heigh...NewsBTC
Wed, Feb 5
Bitcoin Retail Confidence Grows As Short-Term Holders Step Up Accumulation
Bitcoin witnessed a slight rebound to the $102,000 price level, signaling growing upside momentum. However, the flagship asset encountered strong resistance around the $102,000 threshold, causing its price to retrace toward key support levels. As Bitcoin’s price fluctuates, strong bullish sent...Bitcoinist
Wed, Feb 5
Ethereum Recovers To $2,800 As Exchange Outflows Near $1 Billion
Ethereum has made a recovery to $2,800 during the past day as on-chain data shows the whales have been making massive withdrawals from exchanges. Ethereum Exchange Outflows Spiked After Price Crash According to data from the market intelligence platform IntoTheBlock, investors reacted to the latest ...NewsBTC
Wed, Feb 5
US Senate panel investigates whether banks, regulators deny services on political grounds
Banks argue rules, not ideology, hinder service provisionRepublican-led states push for anti-discrimination banking lawsUpdates paragraph 1 to reflect hearing start, adds lawmaker comments in paragraphs 3-6, witness testimony in paragraphs 12-13By Pete Schroeder WASHINGTON, Feb 5 (Reuters) - U.S....Reuters
Wed, Feb 5
Crypto Czar David Sacks Drops Bombshell—US Weighing Bitcoin Reserve Strategy
It may well be that the US is indeed contemplating adding crypto to its monetary strategy. In a press conference Wednesday, the country’s newly appointed AI and Crypto Czar, David Sacks, said his team is looking into the feasibility of having a Strategic Bitcoin Reserve. As a result, everythin...Bitcoinist
Wed, Feb 5
Holding the Wrong AI Crypto Could End in Disaster. Can Mind of Pepe Become a Winner in 2025?
Marc Chaikin is a legendary figure on Wall Street, renowned for spotting market trends before they unfold. His insights have accurately predicted major downturns, including the 2012 Priceline collapse, the COVID-19 market crash, and the recent banking crisis. When it comes to Chaikin’s trades, no on...NewsBTC
Wed, Feb 5
Bitcoin Price Action: Why The Next 30 Days Could Be A Game-Changer For The Market
Crypto analyst CryptoCon has provided valuable insights into the Bitcoin price action in this cycle. Based on his analysis, the next thirty days could be a game-changer, with BTC set to witness a significant move to the upside. Why The Next 30 Days Could Be A Game Changer As The Bitcoin Price Makes ...NewsBTC
Wed, Feb 5
US FDIC releases documents related to supervision of crypto-related activities
Adds detail and contextBy Pete Schroeder Feb 5 (Reuters) - The U.S. Federal Deposit Insurance Corporation (FDIC) on Wednesday released 175 documents detailing its supervision of banks involved in or seeking to engage in crypto-related activities. "I have been critical in the past of the FDIC&...Reuters
Wed, Feb 5
