CoinEfficiency

News Articles for 2025-02-07

Browse daily crypto market news articles

Bitcoin Accumulation Surges as Retail Investors Stack BTC Faster

Retail investors are accelerating Bitcoin accumulation, with daily purchases rising 72% since December. Bitcoin price surges to $100,000 following US jobs report.

Read more

Bitcoin Nears $100,000 Breakout While Cardano and Solana Hit Critical Levels

Bitcoin approaches the $100,000 psychological barrier, Cardano shows recovery signs near the 200 EMA, and Solana tests a critical price level.

Read more

Bitcoin Price Drops Amid Tariff Fears, Crypto Market Sees Volatility

Bitcoin and the broader crypto market experienced volatility as U.S. President Donald Trump's tariff warnings and mixed economic data weighed on investor sentiment. Meanwhile, Franklin Templeton's move to launch a crypto ETF signals growing institutional interest in digital assets.

Read more

Bitcoin Struggles to Break $100,000 but Shows Signs of Strength

Bitcoin's price action, liquidity trends, and evolving role as a global asset highlight its resilience and potential for future growth.

Read more

Bitcoin Surges Past $100k Amid Market Optimism and Liquidations

Bitcoin's price briefly reached $100k driven by shifting U.S. monetary policy rhetoric, causing significant short liquidations and market optimism.

Read more

Brazil Sees Surge in Crypto Adoption and Advances in Digital Payment Systems

Brazil's central bank highlights the rapid growth of cryptocurrency use, particularly stablecoins, and discusses the Drex system's role in modernizing financial infrastructure.

Read more

Cboe BZX Exchange Advances Spot XRP ETP Listings with SEC Filings

Cboe BZX Exchange submits 19b-4 forms for Bitwise, 21Shares, and Canary Capital to list spot XRP ETPs, marking progress in crypto ETF approvals.

Read more

CME Sees Surge in Cryptocurrency Trading Volumes Amid Bitcoin Futures Growth

The CME reported record cryptocurrency trading volumes in January, driven by a significant increase in Bitcoin futures and options, while Ether futures saw a decline.

Read more

Crypto Market Sees $10B Open Interest Plunge Amid Broad Sell-Off

Bybit and Block Scholes report highlights a week of crypto market turmoil, with BTC and ETH showing divergent resilience amid panic selling.

Read more

Crypto Market Updates: XRP Liquidations, Bitcoin Holdings Surge, and Novogratz's Shift on XRP

Explore the latest developments in the crypto market, including a massive XRP liquidation imbalance, Michael Saylor's Bitcoin strategy, and Mike Novogratz's surprising stance on XRP.

Read more

Czech Republic Enacts Cryptocurrency Law Aligning with EU's MiCA Regulation

The Czech Republic has implemented a new cryptocurrency law, aligning with the EU's MiCA regulation, to provide regulatory clarity and foster innovation in the digital asset space.

Read more

Ether Market Shows Bullish Signals Amid Significant Outflows from Derivatives Exchanges

Recent data highlights a substantial outflow of Ether from derivatives exchanges, signaling potential bullish trends for the cryptocurrency.

Read more

Federal Reserve Governor Backs Regulated Stablecoins to Strengthen US Dollar's Global Role

Christopher Waller supports regulated stablecoins to enhance the US dollar's dominance as a global reserve currency, emphasizing the need for oversight to ensure stability and expansion.

Read more

Franklin Templeton Files for Multi-Asset Crypto ETF

Franklin Templeton has submitted a filing with the SEC for a multi-asset crypto ETF tracking Bitcoin and Ethereum, marking a significant move in the growing crypto ETF market.

Read more

Michael Saylor Shares Bitcoin-Themed Message as BTC Briefly Surpasses $100,000

Michael Saylor highlights Strategy's commitment to Bitcoin as the cryptocurrency momentarily reaches $100,000.

Read more

Missouri Proposes Bitcoin Strategic Reserve Fund

Missouri introduces House Bill 1217 to establish a Bitcoin reserve, diversify investments, and accept crypto for taxes.

Read more

Partnr Launches AI-Powered Consumer Crypto Ecosystem for Enhanced Adoption

Partnr introduces a groundbreaking Web3 ecosystem combining AI agents and crypto products to drive broader adoption and utility.

Read more

Payza Founder Firoz Patel Receives Additional Prison Sentence for Obstruction

Firoz Patel, founder of the Canadian crypto payments app Payza, has been sentenced to 41 additional months in prison for obstructing an official proceeding related to money laundering and cryptocurrency fraud.

Read more

Phantom Wallet Users Targeted by Phishing Scams

Phishing scammers are exploiting Solana-based Phantom wallet users with fake update prompts to steal private keys. Learn how to identify and avoid these scams.

Read more

Polymarket Sees Surge in Active Traders Amid Regulatory Scrutiny

Polymarket, a leading prediction market platform, reports a 91% increase in monthly active traders, reaching 450,000 in January, despite fluctuating trading volumes and regulatory challenges.

Read more

SEC Seeks Public Input on Grayscale Solana Trust ETP Conversion

The SEC has invited public comments on the potential conversion of the Grayscale Solana Trust into an exchange-traded product (ETP), marking a significant step in the regulatory process for cryptocurrency ETFs.

Read more

Strategy (NASDAQ:MSTR) Seen as Attractive Bitcoin Proxy for Investors

Analysts highlight Strategy's levered exposure to Bitcoin and potential upside amid favorable market conditions.

Read more

Taiko and DoraHacks Launch Historic Anonymous Community Vote on Ethereum

Taiko and DoraHacks are pioneering the largest anonymous community vote in Web3 history, leveraging MACI for secure, decentralized governance.

Read more

Tornado Cash Developer Alexey Pertsev Released from Detention

Alexey Pertsev, developer of the cryptocurrency mixer Tornado Cash, has been released from pretrial detention in the Netherlands under electronic monitoring to work on his appeal against money laundering charges.

Read more

U.S. Jobs Data Sparks Bitcoin Price Surge

The latest U.S. jobs data from the Bureau of Labor Statistics has positively impacted Bitcoin, with NonFarm Payrolls surging by 143,000 in January and the unemployment rate dropping to 4%.

Read more

US Lawmakers Debate Crypto Banking Challenges

A recent House Financial Services Committee hearing highlighted divided opinions among lawmakers regarding the crypto industry's access to banking services.

Read more

Utah Advances Strategic Bitcoin Reserve Bill

Utah's HB230, the Strategic Bitcoin Reserve bill, moves closer to becoming law, potentially making Utah the first state to establish a Bitcoin reserve.

Read more

VanEck Predicts Solana Price to Reach $520 by 2025

VanEck forecasts significant growth for Solana, projecting a price target of $520 by year-end 2025, driven by market share expansion and macroeconomic factors.

Read more

Wildcat Launches V2 on Ethereum Mainnet, Expanding Decentralized Lending Capabilities

Wildcat, a decentralized lending protocol, has launched its second version (V2) on the Ethereum network, offering enhanced undercollateralized lending options for institutional crypto participants.

Read more

World Liberty Financial Establishes Strategic Cryptocurrency Reserve

World Liberty Financial announces plans to create a strategic cryptocurrency reserve amid significant political backing and recent token purchases.

Read more