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Author: James Wilson
Eric Trump’s Ethereum tweet lined up with one of the biggest reversals in months. Now, he’s turning to Bitcoin—does this call mean anything? Eric Trump’s latest comment on Bitcoin (BTC) has sparked chatter, though its immediate market impact appears to be limited. On Feb. 6, he took to X, posting, “Feels like a great time to enter #BTC!” The remark briefly pushed Bitcoin past $98,000 before settling back to around $97,650, reflecting only a modest 0.4% hourly gain at the time of writing. The reaction stands in contrast to what happened just days earlier when Eric Trump’s tweet on Ethereum…
MicroStrategy rebrands to ‘Strategy’ after posting a $670M Q4 Bitcoin impairment loss
MicroStrategy, now known as ‘Strategy,’ reported a staggering $670M impairment loss in Q4, mainly from Bitcoin. Yet, despite the hit, it continues accumulating BTC, believing in its long-term value. MicroStrategy has officially rebranded as Strategy. Announced on Feb. 5, the rebranding comes with a new logo featuring a stylized “B,” reflecting its identity as the world’s largest corporate holder of Bitcoin. The move coincides with the company’s fourth consecutive quarterly loss and an even greater focus on Bitcoin (BTC) accumulation. The latest earnings report, also released on Feb. 5, revealed a net loss of $670.8 million for the fourth quarter…
Empower Oversight has filed a lawsuit against the U.S. Securities and Exchange Commission for failing to disclose a long-awaited report on ethical conflicts and selective enforcement within the agency. The SEC Office of Inspector General completed the report more than a year ago, but the agency has yet to release it despite repeated Freedom of Information Act requests, according to the lawsuit. The lawsuit seeks to compel the SEC to disclose findings related to former SEC Division of Corporate Finance Director William Hinman. The investigation focuses on potential conflicts of interest involving Hinman’s ties to his previous law firm, Simpson…
Aptos Labs has announced a major breakthrough, revealing that its new blockchain execution engine, Shardines, has unlocked 1 million transactions per second for Aptos. On Feb. 5, the Aptos Labs team stated that the sharded execution engine has enabled the Layer 1 blockchain Aptos (APT) to achieve horizontal scalability. This milestone allows Aptos to process up to 1 million TPS for non-conflicting transactions and more than 500,000 TPS for conflicting transactions. “With Shardines, we can achieve near-linear throughput scaling, surpassing 1 million TPS on our 30-machine cluster,” Aptos Labs wrote in a blog post. The capacity for infinite horizontal scalability…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Cardano holders face price dips, 1Fuel emerges as a promising option for acceleration of returns. Cardano (ADA) investors have been on a rollercoaster ride, watching prices tumble. With geopolitical tensions like the North American tariff war shaking up the market, ADA holders wonder if the dip is a golden buying opportunity or the start of a prolonged slump. Meanwhile, a new player is making waves, 1Fuel (OFT). With its security, cross-chain capabilities, and growth potential, 1Fuel is emerging…
Blockchain analytics firm Arkham Intelligence has announced a partnership with Sonic Labs. With this collaboration, Sonic users will gain access to Arkham’s suite of intelligence features, including entity and address tracking, real-time alerts, dashboards, and visualization tools. This integration aims to enhance transparency and security for users interacting with Sonic’s decentralized finance protocols. Sonic, an Ethereum Virtual Machine layer-1 blockchain, has seen significant growth since launching on December 18, 2024. The network’s Total Value Locked has surged by over $200 million in the past month, reaching $250 million across its DeFi ecosystem. ANNOUNCING ARKHAM X SONICWe’re partnering with @SonicLabs to…
Altcoins just suffered their worst sell-off in years, with over $460 billion erased in days. Will liquidity rotate back, or is the dream of another altseason fading for good? Altcoins under pressure On Feb. 3, global financial markets suffered a sharp flash crash after Donald Trump imposed tariffs on China, Canada, and Mexico, triggering a sell-off across global markets. Stocks, commodities, and cryptocurrencies reacted immediately, with altcoins taking the biggest hit. At the end of January, the total altcoin market cap stood at $1.46 trillion, but by Feb. 3, it had plunged to $1 trillion,marking a 31.5% decline and wiping…
On Feb. 5, 2025, the Federal Deposit Insurance Corporation released 175 documents from the Biden-era FDIC correspondence ahead of the U.S. Senate Banking Committee GOP hearing on the debanking of crypto companies. New documents reveal new details of the so-called “Operation Choke Point 2.0.” Following Trump’s inauguration, a pro-crypto team took the FDIC over and sided with Coinbase in the battle against the alleged debanking of the companies working with cryptocurrency. In 2024, Coinbase sued the FDIC. The move allowed the company to use the Freedom of Information Act to force the agency to release some of its correspondence with…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Shiba Inu struggles, PEPE and Rexas Finance gain attention for their potential to surge in 2025. Shiba Inu (SHIB) once enthralled the crypto community with its explosive ascent, making early adopters overnight millionaires. But in 2025, the winds have changed, and SHIB is finding it challenging to stay its ground in a growingly competitive market. On the other hand, two rising candidates — Pepe (PEPE) and Rexas Finance (RXS) — are claiming their place as the next significant…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XYZ aims to follow in the footsteps that led to the success of AVAX and DOT. Avalanche (AVAX) and Polkadot (DOT) have grown rapidly due to two important features. Now, a new cryptocurrency is entering the scene, claiming to offer the same advantages. This article explores what sets this newcomer apart and whether it can compete with the established players. XYZverse eyes 25% price increase XYZVerse is combining the thrill of sports with the playful nature of meme coins.…