Key Takeaways Bitcoin rose by 2.1% after FOMC minutes indicated a potential slowdown in quantitative tightening. Fed officials are considering pausing balance-sheet reduction due to maximum employment and inflation progress. Share this article Bitcoin rose 2.1% over the past 24 hours after the minutes from the Federal Reserve’s January meeting revealed policymakers discussed potentially pausing or slowing their balance-sheet reduction program amid debt-ceiling concerns. Bitcoin’s price climbed from $94,134 yesterday to $96,180 an hour after the release. “Participants indicated that, provided the economy remained near maximum employment, they would want…
Day: February 19, 2025
Bitfinex Bitcoin long positions reach $5.1B — Is someone buying or hedging?
Analysts speculate that the Bitcoin bull run is ready to resume after Bitfinex longs soar to $5.1 billion. Are they mistaken? Source link
Nigeria files $81.5B lawsuit against Binance exchange: Report
According to Nairametrics, Nigeria’s total money supply (M2) increased 17% year-over-year in January 2025, diluting the currency’s value. Source link
Crypto, quantum computing on collision course as Microsoft debuts new chip
Tech giant Microsoft has announced the debut of its new quantum computing chip, Majorana 1, after nearly 20 years of research. Source link
Pi Network mainnet launch: What it means for pioneers
Pi Network’s mainnet launch marks a pivotal moment, offering pioneers the chance to fully utilize their mined Pi, but it also comes with evolving risks and uncertainties. Source link
Price analysis 2/19: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, LINK, XLM, LTC
Bitcoin remains stuck inside the range, with no clear indication of a price breakout or breakdown. Source link
Coinbase to list Bittensor’s TAO token tomorrow
Key Takeaways Coinbase will list Bittensor’s TAO token on February 20, 2025, provided liquidity conditions are met. TAO is a native token for Bittensor, a decentralized AI network that rewards nodes for AI model development. Share this article Today, Coinbase announced plans to list Bittensor’s TAO token as soon as tomorrow. Coinbase will add support for Bittensor (TAO) on the Bittensor network. Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on @Coinbase & @CoinbaseExch in the regions where…
Elon Musk’s X eyeing capital raise at $44B valuation: Report
The potential funding round could make early financial backers whole after Musk purchased Twitter for $44 billion in 2022. Source link
SEC first pausing crypto lawsuits with imminent deadlines: Report
According to Fox Business’ Eleanor Terrett, this partly explains why the agency hasn’t paused actions against Ripple and Kraken. Source link
$6K Ethereum (ETH) price still possible, but 2 things must happen first — Analyst
Historical data supports an explosive ETH price rally in 2025, but the first step in this journey could be swift return to cycle lows. Source link