Crypto

Source: Bitcoinist Ethereum is up on the daily charts. The world’s second-largest crypto by market cap still lags behind Bitcoin, but at least one analyst is on record saying $ETH could hit the $5k mark as soon as March. That bodes well for the broader crypto market, and even more so for the best new…

Source: Bitcoinist The parents of Sam Bankman-Fried, the co-founder and former CEO of the collapsed cryptocurrency exchange FTX, are reportedly exploring avenues to secure a presidential pardon for their son from President Donald Trump.  Sam Bankman-Fried’s Parents Seek Trump Pardon  According to Bloomberg, Stanford Law School professors Joseph Bankman and Barbara Fried have engaged in…

Source: Coin Tegraph Bitcoin’s price remains sensitive to macroeconomic conditions, with analysts eyeing the upcoming US labor report as a key driver for February’s momentum. Read Full Article

Source: Bitcoinist Data shows the Bitcoin Open Interest has seen a sharp jump alongside the latest recovery in the BTC price, a sign that may not be positive. Bitcoin Has Recovered Back Above $105,000 During Past Day Bitcoin kicked the week off with a crash towards the $98,000 mark, but it would appear that the…

Source: Coin Tegraph A potential “BRICS currency” will not be a rival to the US dollar, but rather a tool for mutual investment within the group, Kremlin spokesman Dmitry Peskov said. Read Full Article

Source: Bitcoinist The year’s first Federal Open Market Committee (FOMC) meeting concluded on a bullish note. In short: no rate cuts, dovish FED, and an improved labor market situation. In response, Bitcoin ($BTC) rallied to $105K for the first time since last Friday, and the cumulative crypto market cap rose from $3.45T to $3.6T. Let’s…

Source: Coin Tegraph Bitcoin whales hold off on major selling, but retail investors appear unwilling to wait for the real bull market gains to hit. Read Full Article

Source: Bitcoinist As US lawmakers continue working on crypto adoption and better regulations, Illinois and Indiana representatives have introduced new Bitcoin-related bills seeking to embrace the flagship crypto at the state level. Illinois Introduces Strategic Bitcoin Reserve Act On Wednesday, Illinois State Representative John Cabello introduced a bill to integrate Bitcoin (BTC) into the state’s…

Source: Coin Tegraph A UK gang that kidnapped, tortured and extorted a man for his cryptocurrency has been sentenced at Manchester Crown Court. Read Full Article

Source: Bitcoinist The Securities and Exchange Commission (SEC) fast-tracked Bitwise’s application for the third Bitcoin-Ethereum exchange-traded fund ($BTC-$ETH ETF) in the US. The regulator hasn’t yet approved the ETF but might do so soon, which would allow Bitwise clients to gain indirect exposure to the two leading cryptocurrencies at once. While institutional investors are dipping…