Ethereum Increases Gas Limits for the First Time Since 2021, Enhancing Network Efficiency
Ethereum has taken a significant step forward by raising its gas limit for the first time since 2021, marking a key milestone in its post-Merge era. This increase, backed by validators, aims to boost transaction throughput and improve network efficiency without requiring a hard fork. Ethereum Raises Gas Limit to
Crypto Market Surges and Dips as China Retaliates Against U.S. Tariffs
The crypto market saw a sharp surge followed by a quick dip as macroeconomic tensions weighed on investor sentiment. XRP, Dogecoin (DOGE), Solana (SOL), and Cardano (ADA) recorded gains of nearly 20% before retracing, while Bitcoin (BTC) and Ethereum (ETH) remain up by around 4%. The market initially benefited from
Crypto Markets Crash as U.S. Tariffs Trigger $2.2B Liquidations
The crypto markets suffered a severe downturn as a new wave of U.S. tariffs on Canada and Mexico sparked concerns of a global trade war. XRP, Dogecoin (DOGE), and Cardano (ADA) led the slump, each plunging over 25% and reversing all gains made since December. With market sentiment turning risk-averse,
Bitcoin Dominance Nears 62% as Altcoins Struggle – Highest Since 2021
Bitcoin’s market dominance has surged to nearly 62%, its highest level since February 2021. This shift signals a challenging period for altcoins, with many investors focusing on BTC amid uncertain macroeconomic conditions. Bitcoin Market Dominance Hits 62% As of February 3, Bitcoin’s dominance has climbed to 62%, reinforcing its position
SHIB Burns Surge Over 2,000%, Yet Price Takes an Unexpected Hit
Shiba Inu (SHIB) has witnessed an extraordinary spike in its burn rate, soaring by 2,085.71% in just a week. According to Shibburn, over 1.13 billion SHIB tokens have been permanently removed from circulation, significantly reducing the available supply. This surge was largely driven by a single 1 billion SHIB burn
Robert Kiyosaki Predicts Bitcoin Crash Amid Trump’s Tariff Policy
Bitcoin is navigating a turbulent phase, with the price hovering around $102,360, down 2%, as fears over Donald Trump’s tariff policies weigh on global markets. Robert Kiyosaki, the famed investor and author of Rich Dad Poor Dad, warns that Bitcoin, gold, and silver could witness a significant crash as these
Bitcoin ETFs See Modest Rebound With $18 Million Inflow
Bitcoin spot exchange-traded funds (ETFs) saw a modest recovery with a net inflow of $18.44 million following recent outflows. Despite the quiet trading day, BlackRock’s IBIT continued to dominate inflows, while Ark and 21Shares’ ARKB faced notable withdrawals. Bitcoin ETFs See Mixed Inflows and Outflows According to data from Sosovalue,
BKEX Staff Convicted in China for Illegal Gambling via Crypto Contracts
A Chinese court has sentenced multiple employees of cryptocurrency exchange BKEX for facilitating illegal gambling through its contract trading platform. The People’s Court of Pingjiang County, Hunan Province, ruled on January 29 that BKEX’s futures trading functioned as online gambling, violating Chinese law. High-Leverage Trading Leads to Legal Trouble BKEX
Trump Media Dives into Crypto with Truth.Fi Expansion
Trump Media & Technology Group (TMTG), the parent company of Truth Social, has announced a bold expansion into financial services, including cryptocurrencies. The move, revealed in a brief statement on Wednesday, includes the launch of Truth.Fi, a financial technology brand that will oversee various investment products. The announcement sent TMTG
Fed Holds Rates Steady: What It Means for Crypto and Risk Assets
The Federal Reserve (Fed) is set to hold interest rates unchanged at its first meeting of 2025, with markets bracing for any signals on future monetary policy. While the decision to maintain the current target range of 4.25%-4.5% has been widely anticipated, Fed Chair Jerome Powell’s commentary on key economic
