Category: Crypto News

In a filing in US bankruptcy court for District of Delaware, now-defunct FTX exchange has canceled claims of nearly 400,000 claims.

Agustin Cruz, a prominent Bitcoin developer, has proposed a draft for a Bitcoin Improvement Proposal with the title Quantum-Resistant Address Migration Protocol.

According to the CEO of Crypto Quant, the Bitcoin’s bull market is over and you can now expect 6-12 months of bearish price action. He adds that every single on-chain metric now points to a bear market.

Kraken is delisting USDT, EURT, PYUSD, UST, and TUSD for users in the European Economic Area (EEA) due to new regulatory guidance. Spot trading will be sell-only from February 27, and by March 31, all remaining balances will be auto-converted to USDC.

Few hours ago, Argentinian president, Milei launched a memecoin, Libra, touting it would do growth of their economy. Just after five hours, it reached 4.4 billion dollars in marketcap and was quickly dumped by an insider. 

Bitcoin network is more secure than ever, as it surpasses 900M TH/s hashrate. The bitcoin mining hardware used for mining also gets more efficient over time. Oftentimes, old hardware becomes irrelevant quickly, in a 5 year span that hardware costs more in electricity to run than the value of the bitcoin it mines.

Popular chartist Plan B has posted an interesting stock to flow model that indicates that we are now entering second stage of the bull market. Whenever the chart prints orange dot after a red one, the bitcoin mania stage starts. 

Trust wallet is most popular cryptocurrency wallet. But there is no official way to extract private key and while officials at Trust wallet would argue that passphrase is more secure way, there could be plenty of reasons why someone would want access to private key of the address where the funds are stored. So, for this, we would need a tool that converts passphrase to addresses.

Trump’s very own World Liberty Finance is down on every single investment so far. In fact, at the time of this article, the total PNL sits at -25 million dollars.

After the immense success of TRUMP coin, his wife does not want to left behind, launching her own meme coin, MELANIA.