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MicroStrategy's Bitcoin buying spree has come to an abrupt halt after 12 weeks. With economic uncertainty looming, the firm is reassessing its next steps.
As Bitcoin and Ethereum struggle, SUI, HYPE, and TRUMP are making waves. Here’s why these altcoins are trending today.
With a rapid legislative process and year-round crypto strategy, Utah is emerging as the leading contender to establish the first U.S. Bitcoin Reserve.
Crypto prices plunged over the weekend amid risk-off sentiment following President Trump’s plan to implement heavy tariffs on imported goods from Canada, Mexico and China.While most analysts agree that tariffs are negative for crypto in the short term, some argue that, alongside other catalysts, they could ultimately benefit the asset class in the medium to long term.
While the crypto market struggles, DEXE shines with a 4% surge. Can it sustain its rally and hit a new all-time high?
Bitcoin prices plunged to a low of $92,460—falling below $100,000 for the first time since January.
XRP crashes to $1.77, triggering the largest liquidations in six months. Can it reclaim $2.73 support and rally toward $2.95?
The US and Mexico struck a temporary tariff deal, lifting crypto markets. Meanwhile, Canada’s firm stance on tariffs adds new market risks.
With critical US economic reports due this week, crypto traders anticipate potential market swings. Bitcoin’s price may react to key labor and inflation data.
- 2025/02/08 22:32Barstool Sports Founder Promotes ‘JAILSTOOL’ Token in Response to Accusations Over Meme Coin TradingBarstool Sports founder Dave Portnoy has been criticized for sharing Meme coin trades on the X platform, with some traders claiming he “slammed” 3.5 million followers. The controversy came after his previous investments in “Montoya por favor” and “Josh Allen MVP” tokens briefly skyrocketed and then quickly collapsed. In the face of criticism, Portnoy announced that he had purchased 50 million “JAILSTOOL” tokens and defended himself on the X platform, where he had promoted Safemoon in the past, the founder of which was later indicted by the SEC for fraud.
- 2025/02/08 22:06Wall Street Bullish on Gold, Gold-Backed Tokens Perform StronglyDriven by concerns over the trade war and central bank holdings, Citi and UBS have raised their gold price forecasts, predicting that the bull market for gold will continue. Citi has raised its short-term target price to $3000 per ounce and increased its average annual price expectation from $2800 to $2900; UBS has also raised its 12-month target price to $3000. Currently, gold has risen to $2860, an increase of about 9% this year. Meanwhile, due to the rise in gold prices, gold-backed tokens such as PAXG and XAUT are outperforming the crypto market. It is expected that if gold prices continue to climb, these assets will benefit further.
- 2025/02/08 22:04In the past 7 days, 63513.57 Bitcoins have flowed into exchange walletsAccording to the latest data from Coinglass, 63,513.57 Bitcoins have flowed into a certain exchange wallet over the past week.