1. Market TrendFrom Feb. 5 to Feb. 7, the BTC price swung from $42,222.00 to $43,569.76, with a volatility of3.2%. The last analysis report indicated that the prolonged consolidation around the $43,000 mark, considering both fundamental and technical aspects, is inherently positive for the market se

In a significant move, four U.S. lawmakers have engaged Treasury Secretary Janet Yellen in a dialogue concerning the existing regulatory voids within the cryptocurrency domain. This interaction underscores the growing concern among legislators regarding the efficacy and scope of crypto market oversi

Despite experiencing a network outage earlier this week, Solana's price demonstrates resilience as it rebounds. Source: thevrsoldier.comFollowing the five-hour disruption on Feb. 6, concerns arose among investors regarding a potential significant sell-off. However, Solana is currently witnessing a p

SEC Postpones Verdict on Invesco and Galaxy Digital's Proposal for Spot Ether ETFThe SEC postponed its decision on the Invesco Galaxy ether ETF, extending the deadline possibly to July 2024. This move followed the SEC's solicitation of public comments on the proposal. The delay underscores regulator

The U.S.-U.K. Financial Regulatory Working Group (FRWG) held its ninth meeting in London on January 31, where they focused on the critical aspects of crypto regulation and the potential introduction of central bank digital currencies (CBDCs). This session, summarized in a statement released on Febru

Grayscale Cuts Back on Bitcoin Assets Amid Rising Reserves of Rival ETFsGrayscale’s Bitcoin Trust sold around 5,992.38 bitcoin, worth approximately $257 million, over two days of trading. Meanwhile, Blackrock’s IBIT and Fidelity’s FBTC increased their holdings, acquiring 3,235.87 and 2,732.75 bitcoi

As Bitcoin's price action remains within a consolidation range, Ethereum is drawing attention away from Bitcoin traders. Bitcoin made a move towards liquidity at $43,500 following the Wall Street opening on February 6, but all eyes were on Ether. Source: wall.alphacoders.comData from TradingView obs

The shift from traditional gold investments to Bitcoin (BTC) has gained momentum, particularly with the introduction of spot Bitcoin exchange-traded funds (ETFs), as noted by Cathie Wood, the CEO of ARK Invest. During a February 4 conversation with ARK's chief futurist, Brett Winton, on their YouTub

The Bitcoin price is near the $43,000 mark, prompting questions about the intentions of bullish investors to propel BTC to higher levels. Source: www.usatoday.comThe cryptocurrency faced challenges as it grappled with maintaining support at $43,000 on February 5. The difficulty arose following comme

Bitcoin Leads Surge in Digital Asset Market as Grayscale's Sell-off DeceleratesThe digital asset market saw an influx of $708 million in a week, predominantly in the United States with $703 million of the total. This represents a significant turnaround from the $499.7 million outflow in the week of