OpenAI’s Sam Altman told Elon Musk “no thank you” on X as Musk reportedly offered to buy the AI firm for almost $100 million. Source link
Day: February 10, 2025
PEPE Price Enters Oversold Levels On Daily Timeframe, Here’s What Happened The Last Two Times
Este artículo también está disponible en español. The recent downturn that has swept across the entire crypto market has pushed meme coin PEPE into oversold territory, according to the Relative Strength Index indicator. Notably, this is only the third time PEPE has reached the oversold levels in its history, particularly on the daily candlestick timeframe. Historical data shows that in the previous two instances, PEPE’s price movement followed a specific pattern, leading to a strong recovery after a period of consolidation. As such, the recent PEPE price crash might be…
DOGE, SOL, XRP ETFs lag behind LTC in approval odds: Bloomberg analysts
Key Takeaways Bloomberg analysts predict Litecoin ETFs have higher approval odds than DOGE, SOL, and XRP. Litecoin’s classification as a commodity by the CFTC bolsters its ETF approval prospects. Share this article Bloomberg analysts expect Litecoin to lead the next wave of spot crypto ETF approvals, with CoinShares and other major asset managers actively pursuing regulatory clearance for various digital asset funds. NEW: @EricBalchunas and I took a look at the filings for spot crypto ETFs. We’re putting out relatively high odds of approval across the board. Mainly focused on…
Rep. Waters calls for support on bipartisan stablecoin legislation
US House Financial Services Committee ranking member Maxine Waters suggested lawmakers look to bipartisan stablecoin legislation drafted in the 118th session of Congress. Source link
Solana revenues outpace Ethereum, L2s despite market dip
Solana-based app revenues beat Ethereum apps by 10x, according to crypto researcher Aylo. Source link
Post-election trading surge bullish for Coinbase earnings: Kaiko
Coinbase is among several top US crypto firms scheduled to report earnings this week. Source link
Andre Cronje warns ‘Ethereum aligned’ L2s are inflating ETH again
Key Takeaways Andre Cronje criticizes Ethereum L2 solutions for prioritizing profits over Ethereum’s decentralized principles. Ethereum’s supply has exceeded pre-Merge levels, indicating a return to inflation driven by L2s. Share this article Andre Cronje, founder of Sonic Labs and called “deFi Godfather”, has criticized Ethereum L2 solutions for their handling of profits and potential misalignment with Ethereum’s decentralized principles. Be L2. Have centralized sequencer. Generate $120m in fees. Pay Ethereum $10m of that amount for DA & security. Dump $110m for profit. Be “Ethereum aligned”. I do not understand how…
Bitcoin price rallies above $97K as institutional and retail traders’ appetites shrink
Bitcoin traders are not slamming the buy button, but most of their concerns are connected to macroeconomic conditions. Source link
CFTC announces crypto fraud action after enforcement priorities shift
Acting CFTC Chair Caroline Pham announced on Feb. 4 that the commission would essentially end its practice of regulation by enforcement. Source link
Metaplanet share price rises 4,800% as company stacks BTC
Metaplanet shares have risen 4,800% as the company, known as “Asia’s MicroStrategy,” has stacked Bitcoin. Source link