The United States’ largest union group sued the Treasury Department, accusing it of unlawfully providing sensitive information to Elon Musk’s DOGE. Source link
Day: February 10, 2025
Bitcoin's booming 'permanent holder demand' positions BTC price for $116K
Bitcoin holders with no record of selling their holdings have increased their BTC reserves during the Trump-led market rally. Source link
Crypto betting markets’ huge growth fuels calls for billion-dollar volumes in 2025
Crypto-based prediction markets, casinos and sports betting are reshaping the iGaming sector while generating billions of dollars in trading volume. Source link
Tesla Q4 Bitcoin profit highlights BTC collateral opportunity — Crypto execs
“Mark-to-market gains, Tesla could use its Bitcoin as collateral to unlock liquidity and hedge against market downturns,” said Gadi Chait, an investment manager at Xapo Bank. Source link
USDC hits $56.3B market cap, regains losses from bear market
Circle’s USDC stablecoin has reached a $56.3 billion market capitalization, erasing losses sustained during the bear market. Source link
Alleged hacker behind fake SEC post could forfeit $50K in plea deal
The individual who allegedly helped compromise the SEC’s X account to post a fake Bitcoin ETF approval message earned roughly $50,000 that he could now be forced to forfeit. Source link
Ethereum short positions surge 500% as hedge funds bet on decline
Ethereum may also lack fundamental blockchain activity for an Ether price recovery, analysts told Cointelegraph. Source link
ZK identity project Holonym acquires Gitcoin Passport for $10M
Following the acquisition, Holonym plans to offer its rebranded Human Passport to users worldwide. Source link
Web3 growth will be synonymous with Ethereum growth
Ethereum is the key to driving Web3 growth, thanks to its robust ecosystem, the rise of layer 2 rollups, and the Superchain’s potential. Source link
Bitcoin teases gains as traders say $100K now key support reclaim
BTC price momentum is still lacking as the active Bitcoin trading range gets ever narrower. Source link