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90% of Brazil’s Crypto Flow Is Stablecoins—What’s Driving This Trend?
Brazil’s central bank chief Gabriel Galipolo recently highlighted a significant rise in cryptocurrency adoption across the country. Speaking at a Bank for International Settlements event in Mexico City, Galipolo noted that over the past two to three years, the volume of crypto transactions has surge...
Bitcoinist
Sat, Feb 8
Whales Accumulate 100 Million Dogecoin In 24 Hours – Demand Signals Growing Confidence
Dogecoin has faced increased volatility and selling pressure as February kicks off with uncertainty across global markets. The meme coin struggles to break above the $0.25 mark, reflecting broader concerns amid US trade war fears and macroeconomic instability. Investors remain cautious, with many wa...
NewsBTC
Sat, Feb 8
USDC supply reaches all-time high of $56 billion following $10 billion mint in 30 days
USDC’s market cap has reached $56 billion, marking a new all-time high for the stablecoin.
Cryptopolitan
Sat, Feb 8
FTX creditors to receive initial distributions in February 2025
FTX Trading Ltd. and the FTX Recovery Trust have revealed that the distribution to creditors will begin on February 18, 2025
Cryptopolitan
Sat, Feb 8
Could Fear Fuel Bitcoin’s Comeback? Analyst Spots a Surprising Pattern
Bitcoin price in recent days seems to have dimmed investor’s confidence in the asset for now with the community seeing less buzz as BTC sees fewer green days.
Bitcoin
NewsBTC
Sat, Feb 8
Too much too fast – Trump, Musk, and DOGE are overwhelming Americans and global economies
President Donald Trump, tariffs, Elon Musk, and the Department of Government Efficiency (DOGE), are the most mentioned words on American social media right now, and we can all take a wild guess why. The Trump administration has been “all hands on deck” in fighting corruption, “money laundering,” and taking the US back to leadership status […]
Cryptopolitan
Sat, Feb 8
Brazil’s $90B Crypto Inflows to Create Meme Coin Hype for Altcoins like Best Wallet Token
Gabriel Galipolo, Brazil’s Central Bank chief, said in a recent event that the use of crypto has surged in the country during the last two or three years. Interestingly, 90% of the country’s crypto volume is linked to stablecoins. Galipolo also expressed concerns regarding taxation and money launder...
NewsBTC
Sat, Feb 8
Tron Social Dominance Climbs As USDT Balance Nears ATH
The remarkable change the TRON blockchain is going through confirms its strong presence in the cryptocurrency scene. Driven mostly by stablecoin transactions and a growing memecoin industry, recent data exposes a solid increase in network activity. Retail and institutional investors have drawn inter...
NewsBTC
Sat, Feb 8
Bitcoin Address Activity Turns Negative As HODLing Dominates For Nearly Two Years – What’s Different This Cycle?
Bitcoin is currently trading below the $100K mark, with no clear trend in sight. After an intense period of volatility, bulls lost control last weekend, failing to sustain momentum for a breakout above all-time highs. However, bears also lack the strength to push the price significantly lower, leavi...
Bitcoinist
Sat, Feb 8
Next Big Crypto to Invest In as Missouri and Kentucky Join the Bitcoin Reserve Race
Missouri Representative Ben Keathley has introduced a new bill, proposing the creation of a Bitcoin Strategic Reserve Fund. The said fund would be placed under the control of the Missouri state treasurer, who’d be granted the power to purchase, invest, and hold $BTC using the state’s mon...
NewsBTC
Sat, Feb 8
Indiana native convicted in $37 million crypto heist
According to reports, the Indiana native was sentenced to 20 years in federal prison, with supervision to follow for three years after his release.
Cryptopolitan
Sat, Feb 8
Kanye West claims he was offered $2M to launch a token, teases his own memecoin
According to a tweet Kanye West shared on X (formerly Twitter) late Friday, he claimed he was approached by an entity that offered to pay $2 million if he launched a scam token.
Cryptopolitan
Sat, Feb 8
Is The Crypto Market Top Near? Here’s Why There’s ‘Some Runway Left’
After the recent crypto market corrections, some investor’s and market watchers’ bullish sentiment appears to have decreased, with many claiming the top is in. However, other analysts point out that several indicators don’t signal a cycle peak yet, suggesting that the bull still has some gas in its ...
NewsBTC
Sat, Feb 8
Kentucky Becomes Latest State To Propose Bitcoin Reserve Bill – Key Details
Bitcoin (BTC) frenzy is sweeping across the US following Donald Trump’s victory in the November presidential election, with Kentucky becoming the latest state to introduce legislation aimed at establishing a Bitcoin reserve. Kentucky Joins The Bitcoin Reserve Club Kentucky has become the 16th US sta...
Bitcoinist
Sat, Feb 8
Hinman is connected to ETH – Pro-XRP lawyer Deaton
John Deaton accuses Bill Hinman of favoring Ethereum due to conflicts of interest and ties to Ethereum-related entities during his SEC tenure.
Cryptopolitan
Sat, Feb 8
Dead OpenAI whistleblower’s parents allege suicide cover-up, sue San Francisco Police
Deceased OpenAI whistleblower Suchir Balaji’s parents Poornima Ramarao and Balaji Ramamurthy have sued the city of San Francisco and the San Francisco Police Department. According to reports, the parents of the former OpenAI employee are alleging a cover-up in the death of their son. According to a lawsuit, Balaji’s parents are alleging a conspiracy, noting […]
Cryptopolitan
Sat, Feb 8
Shiba Inu Burn Rate Crashes 61%, Trading Volume Falls Below $400 Million, Why Are Bearish Indicators Piling Up?
Shiba Inu (SHIB), the second-largest meme coin by market capitalization, faces severe downside momentum as several technical indicators turn bearish. As the market enters a correctional phase due to the decline in Bitcoin, Shiba Inu records a 61% decline in burn rate while its trading volume falls b...
Bitcoinist
Sat, Feb 8
Forget Dogecoin and Shiba Inu, Investors Are Racing To The Crypto Tipped To Become The Next XRP
Dogecoin and Shiba Inu have basked in meme coin fame over the past few years, but their golden eras appear to be ebbing away. Investors are seemingly losing interest in speculative meme coin assets. Many are chasing deep utility instead, and there’s a new crypto on the block that satisfies this palette. While Dogecoin (DOGE)and […]
Cryptopolitan
Sat, Feb 8
Anthony Pompliano backs politicians cutting American taxes after recent DOGE revelation
Anthony Pompliano reacted to DOGE’s latest findings by urging citizens to support political pressures to lower tax rates.
Cryptopolitan
Sat, Feb 8
Coinbase is back in court in revived securities sale class action suit
U.S. District Judge Paul Engelmayer in the Southern District of New York ruled that cryptocurrency exchange Coinbase must face a class action suit that he had dismissed earlier. The case was partially reopened on appeal and accuses the cryptocurrency exchange of selling securities. The case originat
Cryptopolitan
Sat, Feb 8
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