The trial between COPA and Craig Wright in London's Rolls Building aims to determine whether or not Wright is the creator of Bitcoin, with developments including animations demonstrating edits to the Bitcoin whitepaper and testimonies from expert witnesses challenging Wright's claims.
Ethereum price is approaching the upper boundary of an ascending parallel channel and could climb 6% to reach $3,200 if bullish momentum continues, but the bullish thesis will be invalidated if the price breaks and closes below $2,572.
Europe's Data Act, which went into force in January 2024, could require smart contract developers to comply with stringent regulations, including the ability to terminate or interrupt smart contracts, undermining the immutability and innovation of blockchain technology and potentially leading to an exodus of crypto talent from Europe.
Prominent layer-1 blockchain Avalanche experienced a five-hour network outage, but the issue has been resolved after an upgrade to AvalancheGo v1.11.1, which fixed a problem with excessive communication between node validators. Despite the outage, the price of AVAX saw a minimal decrease during the last 24 hours.
Bitcoin (BTC) experienced the largest weekly net outflow from centralized exchanges in eight months, with $540 million worth of netflows leaving, which is seen as a bullish sign for the cryptocurrency, while Ethereum (ETH) also saw net outflows and both assets experienced decreases in fees.
Bitcoin (BTC-USD) closed slightly lower for the week but has maintained a price above $50,000 since Valentine's Day, indicating a positive trend, and experts predict it could potentially reach $150,000 by the end of the year.
Social media giant Reddit holds Bitcoin and Ethereum in its treasury and has invested in other cryptocurrencies for various purposes, according to a filing with the US SEC.
A man from Mildura, Australia, has disappeared after allegedly receiving an extra zero in his cryptocurrency account, resulting in him pocketing half a million dollars, prompting a court order to freeze his assets and prevent him from leaving the country.
Shiba Inu developers are planning the next phase of development to advance the ecosystem and drive the digital asset forward, with initiatives including a breeding plan and a Shiba Eternity P2E lineup. The recent launch of Sheboshi NFTs and the increase in transaction volume on the Shibarium network indicate growing interest and engagement within the crypto market.
Avalanche, a Layer 1 blockchain, experienced a five-hour outage due to a code-related bug, causing block production to temporarily halt and drawing comparisons to Solana, but the issue was swiftly resolved by disabling the problematic logic introduced in a software upgrade; the outage marks the first major disruption since Avalanche's inception in 2020 and coincided with a decline in the market value of its AVAX token.
Solana (SOL) is expected to experience a significant rally, potentially reaching a 340% increase by 2025, according to a well-known crypto strategist, while Ethereum (ETH) is predicted to outperform SOL in the short term.
Cryptocurrency is considered nonsense and a scam, lacking any intrinsic value, and individuals who invest in it are at risk of losing their money.
Cathie Wood's Ark Invest believes that adoption by institutional investors and the launch of Bitcoin spot ETFs will be the main catalysts for driving the price of Bitcoin higher, with a potential price target of $2.3 million in 2024. Wood argues that Bitcoin belongs in every portfolio to maximize risk-adjusted returns, and even a 1% allocation of portfolios to Bitcoin could result in a price climb to $120,000. Additionally, the upcoming halving in Bitcoin's supply growth and the historical profitability of long-term Bitcoin investment further support the expectation of Bitcoin's climb.
Cathie Wood's Ark Invest believes that institutional investor adoption and other catalysts could drive the price of Bitcoin to $2.3 million, as it offers diversification and belongs in investment portfolios to maximize risk-adjusted returns.
Bitcoin is seeing a surge in outflows from centralized exchanges, reaching its highest level in eight months, indicating a shift in market dynamics, while crypto whales are accumulating BTC, suggesting a transformative phase for Bitcoin's valuation.
Bitcoin's market capitalization has reached $1 trillion, prompting concerns about the potential "massive" collateral damage, while spot bitcoin ETFs and the anticipation of a significant catalyst may further boost the bitcoin price.
The release of emails attributed to Bitcoin's creator, Satoshi Nakamoto, in the court case between COPA and Craig Wright provides insights into Nakamoto's views on anonymity, the scalability of Bitcoin, and the importance of Proof-of-Work in the network.
NEAR Protocol's native token (NEAR) has the potential to increase by around 151% in the short term and could reach even greater heights in the long term, according to the host of the Coin Bureau YouTube channel, Guy Turner. NEAR's current demand-side momentum, on-chain data, and relatively low market cap contribute to its growth potential.
Bitcoin's price remains stable with a 2% weekly drop, while Ethereum sees a 6% increase and Uniswap surges by 66% amidst news of potential governance system upgrades; AI tokens also experience significant growth following Nvidia's impressive earnings report.
A man from Wales who accidentally threw out a hard drive containing 8,000 Bitcoin worth $190 million is now turning to Artificial Intelligence (AI) to help him find it, narrowing down the location and planning an environmentally friendly excavation.
Analysts believe that the upcoming halving event in April could cause the price of Bitcoin to soar, but there are three reasons why this event might disappoint crypto investors: the market may have already priced in the impact of the halving, correlation does not necessarily imply causation, and past performance does not guarantee future results. Additionally, price gains after a halving typically take 12 to 18 months, so a sudden jump in the price of Bitcoin should not be expected.
According to Mark Yusko, CEO of Morgan Creek Capital, Ethereum could potentially reach a five-figure price if Bitcoin hits a six-figure price target, with a potential price range between $10,000 and $15,000.
Despite recent volatility, Dogecoin (DOGE) remains resilient and continues to attract attention from investors, with a cautious forecast predicting a trading range of $0.092 to $0.095 by the end of March 2024, influenced by factors such as market sentiment, institutional interest, and the upcoming Bitcoin halving.
The Shiba Inu (SHIB) cryptocurrency has experienced price fluctuations and community-driven projects, with analysts predicting a potential milestone price of $0.03 in the coming years, injecting enthusiasm among investors and supporters. However, caution should be exercised due to the inherent uncertainties of the cryptocurrency market.
The pre-halving rally for Bitcoin is just beginning, according to crypto analyst Rekt Capital, who predicts that the rally could extend for several more weeks before a potential decline of 15% to 20% occurs.
The cryptocurrency exchange Binance has pleaded guilty and agreed to pay $4.3 billion in fines and penalties to settle the largest case in federal financial prosecutions history, with the penalty imposed for failing to implement an effective anti-money laundering program and allowing illicit activity on its platform.
The native token of wireless provider Helium Mobile (HELIUM) experiences a 10% price dip after being listed on Coinbase.
A group of crypto entrepreneurs in Texas has filed a lawsuit that could bring the question of whether the SEC has the authority to regulate digital assets to the Supreme Court, potentially impacting the future of crypto exchanges like Coinbase, Binance, and Kraken. The lawsuit argues that digital assets should not be classified as securities and therefore should not be subject to SEC regulations.
Bitcoin inventor Satoshi Nakamoto predicted in a 2009 email that cryptocurrency mining would be energy-intensive but still less wasteful than conventional banking. The email was recently released as part of a legal battle surrounding Satoshi's identity.
Crypto analyst Michaël van de Poppe predicts that Chainlink (LINK) could potentially reach $40 in the coming months, a 123% increase, while also expressing interest in buying the dip for API3, another competitor of Chainlink, with a target price range of $3.50-3.80. Despite a slight pullback in Bitcoin (BTC), Van de Poppe expects the overall trend for Bitcoin to remain upward.
The privacy-focused Brave browser is introducing on-chain Solana payments for its Brave Rewards program, allowing users to transfer BAT tokens to a self-custody Solana wallet without using a centralized exchange, citing Solana's high transaction speed and low fees as the reasons for choosing the network.
A federal judge has approved crypto exchange Binance's $4.3 billion plea deal with the U.S. Department of Justice, which includes fines and the appointment of an independent compliance monitor.
Reddit has disclosed that it holds a small amount of BTC, ETH, and MATIC in its treasury holdings and sees significant potential in crypto, despite acknowledging regulatory risks and challenges in key management and accounting treatment.
Renowned analysts suggest that the cryptocurrency market is on the verge of a significant shift from Bitcoin dominance to a broader altcoin season, with indicators such as Ethereum's strength, upcoming technological upgrades, and economic events pointing to an impending rally in altcoins.
US Judge approves Binance's plea deal for a $4.3 billion fine, making it one of the largest penalties in US history, following the exchange's admission of money laundering and sanctions violations.
Venture capital firm Andreessen Horowitz is investing $100 million into EigenLayer, a startup that facilitates crypto restaking, a process that involves repurposing ETH tokens to secure the Ethereum blockchain, providing a universal, decentralized validation marketplace for developers.
Bitcoin mining facility Riot Platforms has cautioned investors that the upcoming halving event may not have a positive impact on its profitability, as the reduction in mining rewards may outweigh any potential price increase for Bitcoin. The halving is expected to increase electricity demand and expenses for miners, potentially affecting profit margins, particularly for those with inefficient machines. However, despite concerns, Riot Platforms predicts that the global hashrate will continue to rise as more mining companies enter the market.
The Portal gaming token is set to launch next week and has already attracted billions of dollars' worth of funds through Binance's Launchpool campaign, with a record-breaking $8.6 billion worth of Binance Coin (BNB) and FDUSD staked into the rewards pools.
Satoshi Nakamoto warned in 2009 that Bitcoin could become a significant consumer of energy, and expressed concerns about legal scrutiny and the non-financial uses of blockchain.
Former US President Donald Trump acknowledged the growing popularity of Bitcoin and stated that many people are embracing it, although he also mentioned the need for regulation.
Bitcoin developer's lawyer presents evidence of Craig Wright making edits to his whitepaper, supporting the Crypto Open Patent Alliance's claim that Wright is lying about being the founder of bitcoin through forgeries.
Uniswap's governance token (UNI) has seen a 50% surge in price after the proposal to upgrade the protocol's governance system and reward token holders who stake their tokens for network participation.
The Shiba Inu (SHIB) price is currently trading within ascending parallel channel patterns and made a failed breakout attempt, indicating potential downside movement, with a 17% drop expected if it breaks below the channel's support line but a 16% increase if it breaks out from the channel.
Arbitrum's Xai token reaches a new all-time high, while Ronin's RON token recovers after a co-founder's wallets were hacked.
A trial in the UK High Court is challenging Craig Wright's claim to be the creator of Bitcoin, with early Bitcoin collaborators testifying against him and calling into question his evidence and credibility.
The Avalanche C-Chain, a key infrastructure for DeFi projects on AVAX, experienced a major outage lasting over five hours, causing concerns in the cryptocurrency community, and the cause of the issue is still being investigated.
Major cryptocurrency industry players are backing pro-crypto super PACs, such as Fairshake, Protect Progress, and Defend American Jobs, to promote industry allies and challenge crypto critics in the upcoming elections, potentially influencing control of Congress.
Crypto trading platform Lejilex has filed a lawsuit against the US Securities and Exchange Commission (SEC), arguing that secondary market sales of digital assets should not be considered securities transactions and fall outside the SEC's jurisdiction.
A free event on February 27 will provide crypto investors with updates on new regulations and tax guidance, including the taxation of bitcoin ETFs and strategies to minimize tax bills.
Layer-1 blockchain Flare has raised $35 million in a private round, with early investors agreeing to extend token distribution and implement a selling limit to reduce market sell pressure.