🗞 February 6, 2025 cryptocurrency news highlights

【Cryptocurrency】
Jupiter's official Twitter was suspected of being hacked after posting about a suspicious token. The token briefly surged to a $20 million market cap, but its developer withdrew liquidity, causing a sharp price drop. Users are advised to be cautious.⚠️

【Economy】
🇨🇿 Czech President signed a law removing the capital gains tax on Bitcoin after 3+ years of holding 🔥

【Indicators】
Solana app revenues surged by 213% in Q4 2024, rising from $268m in Q3 to $840m in Q4, driven primarily by memecoin speculation

【More】
Russia issued new crypto mining rules, requiring them to report earnings every 20th of the month and only allow approved entities to operate.

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💰 Bitcoin Market Update: BTC is trading t $96,429, down 0.951% daily, with dominance rising to 61%. Futures interest holds at $58.37B, while trading volume drops 17%, signaling cautious sentiment.

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If you put your stimulus check into Bitcoin you'd now have +17k worth of Bitcoin.🫡

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46 states in the USA have declared Gold as Money or Monetary Financial asset (MMF)📣‼️

➡️ Read Here

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Yesterday (February 6, EST), the total net outflow of Bitcoin spot ETFs was US$140 million. Yesterday, Grayscale ETF GBTC had a single-day net outflow of US$42.2067 million. Grayscale Bitcoin Mini Trust ETF BTC had a net inflow of US$5.1524 million in a single day.

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Japan's App Store and Google Play store has blocked downloads for Bybit, Bitget, MEXC, KuCoin, and Bitcastle following a request from the Financial Services Agency (FSA) after its prior warning.

In November 2024, the FSA cited these exchanges for operating without registration and serving Japanese residents illegally. Under Japan’s 2017 law, only FSA-licensed exchanges can operate in the country.

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Bitcoin Network Activity Hits One-Year Low, Long-Term Holders Addresses Still Growing

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🗞 February 7, 2025 cryptocurrency news highlights

【Cryptocurrency】
💰 Bitcoin Market Update: BTC is trading t $96,429, down 0.951% daily, with dominance rising to 61%. Futures interest holds at $58.37B, while trading volume drops 17%, signaling cautious sentiment.

【Economy】
Japan's App Store and Google Play store has blocked downloads for Bybit, Bitget, MEXC, KuCoin, and Bitcastle following a request from the Financial Services Agency (FSA) after its prior warning.

【Indicators】
📈 BlackRock raises its stake in Strategy to 5%, expanding its Bitcoin exposure as its $55.5B ETF leads U.S. spot BTC holdings.

【More】
Bitcoin Network Activity Hits One-Year Low, Long-Term Holders Addresses Still Growing

📱@Money 📱Twitter

Bitcoin Update: BTC trades at $96,514.0, dropped 0.45% daily and 6.78% weekly, with a $95,707–$100,154 range. A weak U.S. jobs report fuels Fed rate speculation, impacting risk assets 📉

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Metaplanet has 100x since adopting the Bitcoin Standard playbook 🚀

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Bitcoin briefly surged above $100,000 yesterday evening before falling again, dropping to below $96,000 this morning, and is now trading at $96,652.💰

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Trump and X reached a settlement on the lawsuit filed by the Twitter injunction after January 6 👨‍⚖️

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Japan requires Apple and Google to remove unregistered cryptocurrency exchange applications 🇯🇵

The Japan Financial Services Agency said that this action is not to "close cryptocurrency investment", but to "draw a line" for non-compliant exchanges.

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According to Bloomberg, Bitcoin is currently under pressure after performing better than most asset classes in 2024. Data shows that Bitcoin has only risen by about 3% this year, while gold has risen by 9% 📊

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Rapper Kanye West: Will not issue coins to deceive fans 💰

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Coinbase must face a lawsuit by customers who accused the largest U.S. cryptocurrency exchange of illegally selling securities without registering as a broker-dealer, a federal judge ruled on Friday 👨‍⚖️

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🗞 February 8, 2025 cryptocurrency news highlights

【Cryptocurrency】
Bitcoin Update: BTC trades at $96,514.0, dropped 0.45% daily and 6.78% weekly, with a $95,707–$100,154 range. A weak U.S. jobs report fuels Fed rate speculation, impacting risk assets 📉

【Economy】
Japan requires Apple and Google to remove unregistered cryptocurrency exchange applications 🇯🇵

【Indicators】
According to Bloomberg, Bitcoin is currently under pressure after performing better than most asset classes in 2024. Data shows that Bitcoin has only risen by about 3% this year, while gold has risen by 9% 📊

【More】
Coinbase must face a lawsuit by customers who accused the largest U.S. cryptocurrency exchange of illegally selling securities without registering as a broker-dealer, a federal judge ruled on Friday 👨‍⚖️

📱@Money 📱Twitter

Bitcoin is range-bound at ~$96K, with key support at $95,500 and resistance at $98,500–$100K. A breakout could shift momentum, but failure to hold support may trigger a drop toward $92K. Indicators suggest continued selling pressure. 🕯

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Bitcoin is the new safe haven asset, and $1M per coin is on the way 🚀

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