MLM Network Zone

The Securities and Exchange Commission (SEC) has closed its investigation into Gemini, a cryptocurrency exchange. Unquantifiable Loss in Economic Growth for America The U.S. Securities and Exchange Commission (SEC) has closed its investigation into Gemini and will not pursue an enforcement action against the cryptocurrency exchange. According to Cameron Winklevoss, co-founder of Gemini, the withdrawal […] from Bitcoin News https://ift.tt/eBLYFh3 via IFTTT

The U.S. Securities and Exchange Commission (SEC) plans to drop its enforcement lawsuit against Consensys’ Metamask wallet, CEO Joe Lubin announced Feb. 27, 2025, citing a regulatory pivot under new leadership pending commissioner approval. Subject to the Approval of the Commission, SEC Dismisses Metamask Lawsuit The SEC sued Consensys last year, alleging Metamask operated as […] from Bitcoin News https://ift.tt/xqaig4Y via IFTTT

Bybit has successfully restored 77% of its assets under management (AUM) following a recent security incident, reaffirming its commitment to transparency and resilience. The exchange also reported strong trading activity, surpassing $40 billion in volume over the past two days, and enhanced its proof of reserves verification to ensure full collateralization of user funds. Bybit […] from Bitcoin News https://ift.tt/x09wGnj via IFTTT

The altcoin and meme coin sectors incurred significant losses on Feb. 26, 2025, as investor apprehension over former President Donald Trump’s proposed EU tariffs sparked a widespread sell-off, with safe coin (SAFE) declining by 8.83%. Altcoins Plummet Amid Trump-EU Tariff Uncertainty Global cryptocurrency market capitalization dropped 3.16% to $2.78 trillion in 24 hours, according to […] from Bitcoin News https://ift.tt/7KnsYj8 via IFTTT

The price of bitcoin (BTC) dropped south of $84,000 as spot bitcoin exchange-traded funds (ETFs) posted record outflows. As of 2:30 p.m. (ET), the leading crypto asset is hanging below the $85,000 range at $84,378. ETF Exodus Weighs on Bitcoin, Price Slips Below $88K Bitcoin fell to a 3-month low over the last day, and […] from Bitcoin News https://ift.tt/1je8pKg via IFTTT

Bybit stated its infrastructure was unaffected in the $1.4 billion security incident involving compromised developer machine credentials at Safe Wallet, which enabled unauthorized transactions. Bybit Confirms Systems Secure After Safe Wallet Attack A forensic investigation into the breach revealed that attackers from the Lazarus Group accessed Safe Wallet’s systems by stealing a developer’s credentials, according […] from Bitcoin News https://ift.tt/khznOtr via IFTTT

Chainflip, a decentralized cross-chain service and market maker, is implementing an upgrade to block illicit funds, specifically those from the recent Bybit hack. Hacked Funds Expose LPs to Excessive Risk Market maker Chainflip has announced it will proceed with a plan to enable interfaces to block illicit flows within the Chainflip protocol. Specifically, the market […] from Bitcoin News https://ift.tt/N4YjsxK via IFTTT

Market sentiment remains uncertain with bitcoin falling below $90,000 for the first time in a month, triggering over $200 million in liquidations. Bitcoin Drops Below $90,000, Triggers $200 Million in Liquidations QCP Insights’ latest report analyzed the effect of bitcoin dipping below $90,000 for the first time in a month and triggering over $200 million […] from Bitcoin News https://ift.tt/zH9oeAB via IFTTT

Bitcoin traded at $86,473 at 2:25 p.m. ET on February 25, 2025, with a market capitalization of $1.72 trillion, a 24-hour trade volume of $98 billion, and an intraday price range between $85,953 and $94,587. Bitcoin BTC’s hourly chart reflects significant downward momentum, with bitcoin recently hitting a high of approximately $96,492 before reversing sharply. […] from Bitcoin News https://ift.tt/ij9SGrn via IFTTT

Two days prior, the Bybit exploiter retained custody of 449,395.23 ethereum (ETH), yet within a 48-hour window, the actor relocated 71,862.63 ETH—valued at $173 million—across decentralized ledgers. Bybit Launches Lazarusbounty.com Amidst a climate of crypto volatility, the assailant has orchestrated a whirlwind of high-volume ether transactions. For instance, during the drafting of this analysis, 91.75 […] from Bitcoin News https://ift.tt/VY8Lovh via IFTTT

KIP Protocol has released an official statement denying any involvement in the controversial LIBRA token launch. The company clarified that it did not initiate or profit from the project and is prepared to take legal action to protect its reputation. No Profits or Prior Knowledge of LIBRA Token Launch KIP Protocol has distanced itself from […] from Bitcoin News https://ift.tt/Sh2bPVT via IFTTT

Bloomberg reported that Citadel Securities, led by Ken Griffin, is planning to expand into cryptocurrency trading, capitalizing on President Donald Trump’s pro-crypto stance, which is expected to boost the industry. Previously cautious due to regulatory uncertainties, the firm aims to become a liquidity provider for cryptocurrencies and join major exchanges like Coinbase, Binance, and Crypto.com. […] from Bitcoin News https://ift.tt/Yge70vD via IFTTT

A recent Bloomberg report reveals that Ethena Labs, the crypto startup behind the yield-bearing stablecoin USDe, has secured $100 million from well known strategic investors. Ethena Labs Garners $100M in Pivotal Funding Round Over the past year, the yield-bearing stablecoin USDe has captured considerable attention, emerging as the third-largest fiat-pegged token by market capitalization. It […] from Bitcoin News https://ift.tt/KlrUnD7 via IFTTT

Stablecoin issuer Circle announced that its flagship asset USDC and its smaller euro-based stablecoin EURC have both been approved as “recognized crypto tokens” by the Dubai Financial Services Authority (DFSA). The recognition will allow the 6,000 companies in the Dubai International Financial Centre (DIFC), including financial institutions, to use and promote the two stablecoins. USDC […] from Bitcoin News https://ift.tt/omrOCS1 via IFTTT

Bitcoin is trading at $95,700 with an overall market capitalization of $1.89 trillion, a 24-hour trading volume of $13.51 billion, and an intraday price range between $94,805 and $96,684, reflecting a consolidation phase amid mixed technical signals. Bitcoin Bitcoin’s daily chart shows BTC previously peaked near $109,356 before experiencing a pullback to approximately $89,164, followed […] from Bitcoin News https://ift.tt/8fZaLwW via IFTTT

In the aftermath of the $1.4 billion cybersecurity breach targeting centralized digital asset platform Bybit, onchain evidence reveals that perpetrators have systematically converted a fraction of the pilfered funds into bitcoin (BTC). Hackers Mask Tracks by Moving Bybit Heist Funds to Bitcoin This week, North Korea’s Lazarus Group orchestrated a cyber incursion against digital asset […] from Bitcoin News https://ift.tt/L7lguHC via IFTTT

At CPAC 2025, Michael Saylor presented an objective account of how bitcoin is reshaping corporate finance and individual economic sovereignty. Saylor Describes Bitcoin’s Unique Principles at CPAC 2025 Earlier this week, Strategy founder Michael Saylor addressed CPAC 2025 with a focus on bitcoin’s transformative impact on the financial landscape. Saylor, known for his pioneering stance […] from Bitcoin News https://ift.tt/b6ZnfLS via IFTTT

XRP is trading at $2.55 with a market capitalization of $147 billion, a 24-hour trade volume of $2.02 billion, and a price range fluctuating between $2.53 and $2.60, reflecting a market in consolidation with mixed signals across multiple time frames. XRP The 1-hour chart shows XRP maintaining a tight range, with low volume indicating uncertainty […] from Bitcoin News https://ift.tt/JbNmnM8 via IFTTT

Kanye West, legally known as Ye, plans to introduce a meme-inspired cryptocurrency named YZY — a move that comes even after he publicly condemned such tokens as manipulative and driven by empty buzz. Ye Follows CZ on X Causing Binance Listing and Doginal Link Whispers The polarizing music icon, Ye, whose Yeezy brand will reportedly […] from Bitcoin News https://ift.tt/7mbLR3q via IFTTT

The non-fungible token (NFT) market exhibited a noticeable resurgence in transactional activity from Feb. 15 to 22, with digital collectible purchases climbing 11.60% above the preceding week’s totals. NFTs Rebound: 64% Buyer Spike and 49% Seller Expansion Figures from cryptoslam.io indicate $148.18 million in NFT exchanges during this period, alongside a 64.49% expansion in NFT […] from Bitcoin News https://ift.tt/ViOFyHB via IFTTT

The U.S. Securities and Exchange Commission (SEC) has reportedly ended its investigation into Opensea and will not pursue enforcement action against the non-fungible token (NFT) marketplace over allegations that its NFTs constituted unregistered securities, the company confirmed to Bloomberg this week. Following Coinbase, SEC Ends OpenSea Investigation Under Trump’s Regulatory Climate Opensea, a leading nonfungible […] from Bitcoin News https://ift.tt/IiNjahK via IFTTT

A $1.4 billion hack at Bybit prompted former Binance CEO Changpeng Zhao, known as CZ, to commend Bybit’s chief executive, Ben Zhao, for his transparent and measured response. Massive Bybit Hack Spurs CZ to Warn: ‘We Should Never Take Security for Granted’ The breach, linked to sophisticated North Korean hackers, targeted Bybit’s multi-sig cold storage. […] from Bitcoin News https://ift.tt/tMJB4Nd via IFTTT

Following the Bybit hack, the team organized a livestream to deliberate on the recent billion-dollar hack that transpired on the exchange. Bybit’s founder Ben Zhao clarified that the platform was undergoing “massive withdrawals” but emphasized, “It’s not an issue—We have enough tokens to give to clients.” Moreover, in a calculated maneuver, a bridge loan secured […] from Bitcoin News https://ift.tt/0hdpIq1 via IFTTT

The CVM, Brazil’s Securities and Exchange Commission, has approved the Hashdex Nasdaq XRP Index Fund for trading. The ETF, which is now in its pre-operational phase, highlights the openness of the Brazilian market to these options. Brazil Approves World’s First XRP ETF The Brazilian cryptocurrency market has scored yet another milestone, offering investors the world’s […] from Bitcoin News https://ift.tt/HQjEYep via IFTTT

Bybit has launched an industry-first initiative by making all liquidation data fully accessible in real-time via its enhanced API. This move aims to improve market transparency, empower traders, and boost institutional confidence in the crypto space. New API Update by Bybit Delivers Unprecedented Transparency for Crypto Traders Bybit, one of the world’s largest crypto exchanges […] from Bitcoin News https://ift.tt/eBVPvHc via IFTTT

With the possibility that XRP, LTC, or SOL exchange-traded funds (ETFs) might be approved by the U.S. Securities and Exchange Commission (SEC), many think the infamous “altcoin season” is just around the corner. At the same time, others insist the market shows no sign of an impending period of rising altcoin prices. Altcoin Season Far […] from Bitcoin News https://ift.tt/5aVCFnI via IFTTT

The Blockchain Association is urging Congress to support a measure sponsored by Sen. Ted Cruz that aims to overturn the Internal Revenue Service’s decentralized finance broker rule. Broker Rule Threatens U.S. DeFi Leadership The Blockchain Association has urged the U.S. Congress to pass a measure sponsored by Senator Ted Cruz that seeks to “overturn the […] from Bitcoin News https://ift.tt/BKkx96C via IFTTT

Bitcoin edges higher to $97,973 to $98,323 over the last hour, as traders assess macroeconomic and inflation signals alongside key technical levels. BTC Bitcoin’s daily chart shows price action stabilizing between $96,000 and $98,000, following a 10.3% retreat from its January 20, 2025, all-time high. The macro trend remains in a pullback phase, with critical […] from Bitcoin News https://ift.tt/4j5DqUY via IFTTT

Nigeria’s Securities and Exchange Commission is working to bring licensed crypto exchanges into the formal tax system, with a related bill likely to pass in early 2025. Nigeria Aims to Increase Revenue The Nigerian Securities and Exchange Commission (SEC) has announced it is working to bring transactions on licensed cryptocurrency exchanges into the formal tax […] from Bitcoin News https://ift.tt/HCRdwGf via IFTTT

Bitcoin’s price risks further decline amid persistently weak demand and liquidity, according to a Cryptoquant report released on Wednesday. Cryptoquant Warns of Bitcoin Downturn Amid Historic Liquidity Slowdown In a Feb. 19, 2025 report, Cryptoquant researchers warned bitcoin (BTC) could drop to $86,000 after hitting a one-month low of $93,000, citing deteriorating demand and liquidity […] from Bitcoin News https://ift.tt/blwWVuf via IFTTT

The price of gold has shot up nearly 45% since February 2024 to $2,927.10 per ounce according to gold.org, but Bloomberg exchange-traded fund (ETF) Analyst Eric Balchunas says “No one cares,” in a post on X. Indeed, gold ETFs have virtually stalled within that same timeframe, while spot bitcoin ETFs have amassed more than $40 […] from Bitcoin News https://ift.tt/oc15fQS via IFTTT

On Wednesday, Satya Nadella, chairman and CEO at Microsoft, unveiled a quantum computing breakthrough featuring the company’s Majorana 1 chip. This achievement, notably his remark about a “clear path to a million-qubit processor,” has already sparked discussions about Bitcoin’s alleged vulnerability. Microsoft’s Majorana 1 Chip Ignites More Quantum vs. Bitcoin Debate Since December, Bitcoin has […] from Bitcoin News https://ift.tt/YrwOBz6 via IFTTT

A JPMorgan study reveals that Trump’s social media influence on financial markets has decreased, with only 10% of his economic-related posts triggering currency movements. However, tariff-related tweets continue to impact global markets, raising questions about potential spillover effects into crypto. Trump’s Tariff Tweets Still Move Currencies and Crypto Could Be Next Donald Trump’s social media […] from Bitcoin News https://ift.tt/mlpdWZR via IFTTT

Fold is set to make history as the first bitcoin financial services company to go public, trading on Nasdaq after completing a SPAC merger. Fold Hits Nasdaq Tomorrow—Bitcoin Finance Gets Its Moment Fold Holdings Inc. announced on Feb. 18 that it will debut on Nasdaq, making history as the first bitcoin financial services company to […] from Bitcoin News https://ift.tt/Ldbru5n via IFTTT

On Tuesday, bitcoin confronts increasing pressure this week, having fallen below $94,000 on Feb. 18, 2025, as macroeconomic concerns, technical glitches, and mixed market sentiment challenge vital support levels. Global Market Fears Drive Bitcoin Prices to Lower Levels Bitcoin’s 1.8% decline this week mirrors wider crypto unease, with the global market cap dipping 2.3% to […] from Bitcoin News https://ift.tt/5gytdUx via IFTTT

Sonic SVM, Solana’s first chain extension, officially announced today its $1M hackathon, designed to spur native decentralized application development ahead of its main net launch on Feb. 27, 2025. New York-Based Sonic SVM Announces Hackathon to Spur Solana Dapp Development Organized by Sonic SVM in New York, the hackathon runs from Feb. 17 to March […] from Bitcoin News https://ift.tt/LHDvqE3 via IFTTT

The mysterious donor, who describes himself as an “ordinary computer programmer and entrepreneur” encoded disturbing messages in his onchain transactions. Mystery Chinese Programmer Burns and Gifts $7M in ETH Before Leaving Bizarre Messages Over the past week, a mysterious individual who calls himself “Hu Lezhi” burnt and donated $7 million worth of ether (ETH) before […] from Bitcoin News https://ift.tt/EMbnf6i via IFTTT

Bitcoin’s market dominance has surged to nearly 60%, reaching a four-year high as ethereum and altcoins continue to underperform. With low volatility and macroeconomic uncertainty, traders remain cautious, awaiting concrete policy shifts. Correlation Between Bitcoin and Equities Remains Strong Due to Macroeconomic Uncertainty Bitcoin is once again asserting its dominance, climbing to 60% market share, […] from Bitcoin News https://ift.tt/yKYHwxA via IFTTT

Not long ago, the Bitcoin blockchain released 94.42% of its total supply, leaving only—or 174,583.24 bitcoins—to be mined until 20 million are in circulation. Calculations indicate that this milestone will be reached before the fifth Bitcoin halving, expected to occur in April 2028. Algorithmic Scarcity: Bitcoin Nears 20 Million The commonly cited total supply of […] from Bitcoin News https://ift.tt/mNTcoMe via IFTTT

The SEC seeks a 28-day extension to respond to Coinbase’s appeal, citing ongoing crypto regulatory reviews. With a leadership shift under Trump, the agency’s stance on crypto is evolving. SEC Requests Extension in Coinbase Appeal The U.S. Securities and Exchange Commission (SEC) filed a motion on Feb. 14, requesting a 28-day extension to respond to […] from Bitcoin News https://ift.tt/P7MT4zk via IFTTT

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news over the past week. In this week’s edition, President Nayib Bukele met Strategy’s Michael Saylor to discuss bitcoin, Sam Altman’s World is forced to stop operations in Brazil, and the Brazilian stock exchange will add solana and ether futures this […] from Bitcoin News https://ift.tt/VeispDC via IFTTT

Trump believes that by using tariffs as a weapon, he can safeguard the current U.S. dollar’s status as the world reserve currency and stop de-dollarization. So far, this has been proven right in a limited way. Trump States That Countries Have Stopped Their De-Dollarization Efforts Stopping de-dollarization has become one of the priorities of President […] from Bitcoin News https://ift.tt/dsZuRIz via IFTTT

Bitdeer, a U.S. bitcoin mining firm announced an increase in its bitcoin holdings to 833 BTC, reflecting a 28 BTC gain from the previous week. The latest update, confirmed on Feb. 14, excludes customer deposits, emphasizing the company’s growing reserves amid a competitive mining environment. Previously, the company had announced the acquisition of a $21.7 […] from Bitcoin News https://ift.tt/oRcJxtk via IFTTT

A report from The Information indicates that several major Wall Street financial institutions are positioning themselves to deepen their involvement in cryptocurrency markets. Among them, State Street and Citigroup are said to be preparing to introduce crypto custody services. Sources Claim State Street Is Preparing for Crypto Custody Rollout in 2026 State Street, a global […] from Bitcoin News https://ift.tt/XUcj8Sq via IFTTT

The new BTC Bull Token (BTCBULL) has raced past the $1.5 million mark in its presale phase. BTCBULL is trending because it offers something unique – direct Bitcoin rewards for token holders. This mix of meme energy and reward potential has sparked massive interest in the project and its future. How BTCBULL Aims to Be […] from Bitcoin News https://ift.tt/RHn3OXG via IFTTT

Aston Martin Aramco Formula One Team has partnered with cryptocurrency platform Coinbase in a multi-year deal fully paid in USDC stablecoin, marking a first in Formula One history. USDC Stablecoin Fuels Landmark F1 Sponsorship Between Aston Martin Aramco and Coinbase The Aston Martin Aramco Formula One Team rebranded in 2021 under owner Lawrence Stroll, announced […] from Bitcoin News https://ift.tt/kzq2aJY via IFTTT

Solana-based token launchpad Pump.fun has experienced a significant decline in daily trading volume, dropping by 50% from its January 2025 high. Drop in Trading Volume Could See Pump.fun Lose its Edge Pump.fun‘s daily trading volume hit $270 million on Feb. 13, down approximately 50% from its $544 million peak on Jan. 23. This is according […] from Bitcoin News https://ift.tt/EWhGNJp via IFTTT

Kaito AI has introduced KAITO, a cryptocurrency token designed to decentralize and optimize the attention economy through an AI-powered information finance network, according to a white paper released Tuesday. New White Paper Proposes KAITO Token as Fix for Broken Attention Markets According to Friday’s announcement, the KAITO token will serve as the foundational currency for […] from Bitcoin News https://ift.tt/WOJZgo2 via IFTTT

Bitcoin is currently priced at $98,689, with a market capitalization of $1.95 trillion, a 24-hour trading volume of $29.58 billion, and an intraday price range between $95,426 and $98,900, showing signs of consolidation across multiple timeframes. Bitcoin Friday’s daily chart shows that bitcoin (BTC) recently reached a high of $109,356 before experiencing a strong pullback, […] from Bitcoin News https://ift.tt/Z1SRT3Q via IFTTT

Foresight Ventures was recognized as one of the top five most active crypto venture capital firms globally in 2024, according to Cryptorank data. Foresight Ventures Recognized for Active Role in Crypto Funding The Singapore-based firm, Foresight Ventures, completed approximately 50 to 60 funding rounds last year, placing it among peers such as Cogitent Ventures and […] from Bitcoin News https://ift.tt/K4VsHy1 via IFTTT