Day: February 6, 2025

Bitcoin Network Activity Plunges to One-Year Low, Cryptoquant Reports

2025-02-06 By admin

Bitcoin’s network activity has dropped to its lowest level in a year, according to Cryptoquant and its researchers, marking a significant decline from previous highs. Bitcoin Transactions and Fees Plummet Cryptoquant‘s Bitcoin Network Activity Index, a key metric tracking transactions and user engagement, has fallen 15% since November 2024, now standing at 3,760—the lowest level […]

Meme Coin Platform Pump.fun Under Fire for Hosting Alleged Impersonation Tokens

2025-02-06 By admin

Burwick Law and Wolf Popper LLP have issued a cease-and-desist letter to Pump.fun, demanding the immediate removal of certain tokens deployed on the Solana-based platform that allegedly misuse their intellectual property (IP) and likenesses of their employees. Law Firms Demand Pump.fun Remove Tokens Impersonating Their Brand The law firms cited one specific token as a […]

SUI-Based Devine Protocol Launches $DEVI Presale: Here’s Your Chance To Become An Early Adopter

2025-02-06 By admin

PRESS RELEASE. Devine Protocol, a next-generation prediction market being built on the SUI blockchain is thrilled to announce the launch of its highly anticipated $DEVI token presale, set to begin on February 6th, 2025. This exclusive presale offers early contributors a prime opportunity to secure $DEVI before the platform’s mainnet launch in Q2 2025—potentially positioning […]

XRP Price Analysis: Bulls Struggle to Defend Critical Support at $2.40

2025-02-06 By admin

XRP currently trades at $2.40, boasting a market valuation of $138 billion alongside a 24-hour trade volume flow of $6.41 billion. Its price fluctuated between $2.36 and $2.55 during the session, lingering 29% below its historic peak price. XRP On XRP’s hourly chart, the digital asset oscillates within a constricted corridor of $2.35 to $2.50, […]

FDIC to Revise Guidelines, Opening the Door for Banks to Engage in Crypto

2025-02-06 By admin

The FDIC is set to revise its crypto guidelines, potentially allowing banks to engage in digital asset activities. This shift aligns with the pro-crypto stance of the Trump administration, paving the way for tokenized deposits and broader banking participation in crypto. FDIC to Allow Banks to Engage in Crypto In a major policy shift, the […]

Warning: Some Apps Are Searching Your Phone for Seed Phrases in Screenshots

2025-02-06 By admin

According to Kaspersky, a Russian cybersecurity firm, several apps available in the Google Play Store and the Apple App Store contain components capable of scanning images that include cryptocurrency seed phrases. Seed Phrases Stored in Screenshots at Risk, Kaspersky Warns Kaspersky, a cybersecurity firm of Russian origin, has warned about a new threat that targets […]

Gold Prices Break $2,900 as the West Takes Cover From Tariff Turmoil

2025-02-06 By admin

Gold prices have broken records once again, inching closer to the $3,000 key level. This phenomenon has been accompanied by an unusual movement of physical gold to COMEX vaults, as investors cling to tangible assets amidst the current geopolitical backdrop. Gold Keeps Shining, Breaks All-Time High Prices Once Again Gold has proven again that is […]

Crypto Remittances Fail to Gain Momentum in El Salvador

2025-02-06 By admin

According to the Reserve Bank of El Salvador, the use of crypto to make remittances to the country has consistently accounted for less than 1% of the total share since October 2024. Adoption of Crypto for Remittances Falters in El Salvador Crypto remittances, one of the main use cases for promoting bitcoin worldwide, have failed […]