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Hong Kong’s SFC Strengthens Crypto Oversight: Here’s What’s Changing
Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), is set to promote its cryptocurrency regulatory workforce in the upcoming fiscal year. In a newly released budget proposal for 2025-26, the SFC outlined plans to introduce 15 additional positions, eight of which will speci...Bitcoinist
Feb 5, 2025
Ethereum Leverage Elevated Despite Long Squeeze, Glassnode Says
The on-chain analytics firm Glassnode has revealed how the Ethereum futures market is still overheated despite the long squeeze that just occurred. Ethereum Open Interest Still Notably Above The Yearly Average In a new post on X, Glassnode has discussed about how the Ethereum futures market has chan...NewsBTC
Feb 5, 2025
Barstool’s Dave Portnoy Buys The XRP Dip: Drops $1 Million Bet
Barstool Sports founder and social media personality Dave Portnoy has doubled down on his crypto investments, revealing during a livestream on February 3 that he purchased an additional $1 million worth of XRP. Why XRP? Portnoy, known for his unapologetic approach to trading and gambling, made the a...Bitcoinist
Feb 5, 2025
PRESS DIGEST- New York Times business news - Feb 5
Feb 5 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- U.S. President Donald Trump declared on Tuesday that the United States should seize control of Gaza and permanently displace the en...Reuters
Feb 5, 2025
Solana (SOL) at a Crossroads: Can It Break Through and Turn Bullish?
Solana started a fresh decline from the $220 zone. SOL price is consolidating and might face resistance near the $215 and $220 levels. SOL price started a fresh decline below the $215 and $212 levels against the US Dollar. The price is now trading below $212 and the 100-hourly simple moving average....NewsBTC
Feb 5, 2025
XRP Price Tests Critical Barrier: Will Bulls Lose Steam?
XRP price recovered most losses and rallied toward $2.75. The price is now facing hurdles near the $2.70 zone and might start another decline. XRP price started a strong upward move above the $2.60 level. The price is now trading below $2.70 and the 100-hourly Simple Moving Average. There is a new c...NewsBTC
Feb 5, 2025
Ethereum Price Path to Recovery Blocked by Key Barriers
Ethereum price started a recovery wave above the $2,550 zone. ETH is showing positive signs but faces many hurdles near the $2,880 level. Ethereum started a decent upward move above the $2,550 zone. The price is trading below $2,880 and the 100-hourly Simple Moving Average. There is a short-term dec...NewsBTC
Feb 5, 2025
Bitcoin Funding Rate Turns Negative For The 7th Time in a Year – Every Previous Drop Led To Gains
Bitcoin and the entire crypto market faced a sharp decline as fears of a U.S. trade war rattled investors. The price plummeted amid uncertainty, only to stage a swift recovery after reports emerged that President Trump is in negotiations with Mexico and Canada to lift the tariffs.Bitcoin Price Pulls Back Again: Key Support Levels to Watch
Bitcoin price started another decline from the $102,500 zone. BTC is trimming gains and struggling to stay above the $96,500 support zone. Bitcoin started a fresh decline below the $100,000 level. The price is trading below $99,500 and the 100 hourly Simple moving average. There is a new connecting ...NewsBTC
Feb 5, 2025
Trump administration seeks fresh approach to crypto regulation; is 2025 the year for crypto?
In a press conference on Tuesday, several government heads met to discuss the next steps in the journey for a better crypto environment in the US, which involves the creation of a bicameral committee and the establishment of stablecoin regulations for the industry.Key Indicator Signals DCA Opportunity Amid Bitcoin Buyer Momentum
Bitcoin price performance over the past week has been marked by volatility and mixed signals for investors. After briefly rising above the $100,000 price mark on Tuesday, BTC has since fallen back and now hovers just above $99,000. The rebound that initially raised market sentiment appears to have b...NewsBTC
Feb 5, 2025
Bitcoin Looks Stronger Compared To Altcoins – Demand Remains Strong As Price Consolidates In A Range
Bitcoin and the entire crypto market experienced a rollercoaster of volatility yesterday, plunging on fears of a U.S. trade war before staging a rapid recovery. The price dropped over 9% in just a few hours, hitting a low of $91,530, only to bounce back by more than 12% following reports that Presid...NewsBTC
Feb 5, 2025
