#Bitcoin's volatile week ended positively with a 9% surge, recovering from a 50-day low of $38,500. #CryptoNews

February 2024 holds bullish expectations for Bitcoin, backed by historical trends and potential resistance breakthroughs.
https://coinpedia.org/news/bitcoin-investors-anticipate-bullish-rebound-to-45000-in-february/

Harvest Hong Kong a major Chinese asset manager applies for city's first #BitcoinETF, signaling growing regional interest in digital assets.

Hong Kong, in a race with Singapore and UAE, aims for #Bitcoin #ETFs, mirroring U.S. market trends.
https://coinpedia.org/news/hong-kong-gears-up-for-first-ever-spot-bitcoin-etfs-and-stablecoin-trials/

#YieldMax proposes groundbreaking YBIT #Bitcoin options income strategy #ETF, utilizing synthetic covered call for income. #CryptoNews

YBIT's unique strategy targets increased income during ETP volatility periods, with anticipated NYSE listing on April 10, 2024.
https://coinpedia.org/news/yieldmaxs-bold-move-with-ybit-etf-filling-get-ready-for-the-next-big-investment/

Federal Reserve unlikely to adjust interest rates; traders assign a mere 3% chance of a decrease. #FED #FOMC #CryptoNews

Economic focus on upcoming Fed decision and crucial U.S. data; optimistic outlook for Bitcoin's recovery.
https://coinpedia.org/news/feds-big-decision-will-they-lower-interest-rates-here-are-some-clues/

Crypto exchange Bitrue suggests potential for #XRP surge, facing skepticism due to stagnant price for five years. #CryptoNews

XRP's value remains unchanged; Bitrue's call sparks mixed reactions, anticipating surge fueled by #IPO and factors.
https://coinpedia.org/news/is-this-the-right-time-to-buy-ripple-xrp/

Renowned analyst Benjamin Cowen warns of potential #Ethereum crash to $1,000 before entering a bullish phase. #CryptoNews

Cowen highlights the significance of the $ETH/$BTC pair, suggesting a breakdown could significantly impact Ethereum's value.
https://coinpedia.org/news/crypto-analyst-warns-of-potential-price-drop-for-ethereum-be-cautious/

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https://markets.coinpedia.org/bitcoin-etf/

#Crypto analyst Lark Davis predicts a massive 2024-25 bull run, citing #Bitcoin #halving impact, Trade-Fi influx, and RWAs integration.

Elections in 64 countries, particularly the U.S., may reduce regulatory uncertainties, fostering a bullish trend.
https://coinpedia.org/news/top-4-major-factors-fueling-massive-crypto-bull-run-2024-25/

TD Cowen predicts SEC approval for a spot #EthereumETF in late 2025 or early 2026.

Political dynamics and Gensler's cautious #crypto approach contribute to the prolonged spot #Ethereum #ETF approval.
https://coinpedia.org/news/td-cowen-predicts-approval-for-spot-ethereum-etf-by-2025-2026/

Anthony Scaramucci of Skybridge Capital predicts #Bitcoin to reach at least $170,000 post-2024 #halving. #CryptoNews

BitQuant and #Bloomberg present varying forecasts, with potential pullbacks, regulatory concerns, and economic uncertainties.
https://coinpedia.org/news/bitcoin-price-prediction-post-halving-anthony-scaramucci-predicts-btc-price-target-in-next-18-months/

Crucial Dates in the #Crypto in the First Quarter of 2024


1️⃣12 February 2024 - #Ripple Remedies:

— SEC brief on potential Section 5 violation remedies by 13 March 2024.
— Ripple's opposition due by 12 April 2024; SEC's final response by 29 April 2024.

2️⃣ 15 February 2024 - Do Kwon's Detention Ends:

—High Court in Montenegro extends Do Kwon's detention; set to end on 15 February 2024.


3️⃣ 23 February 2024 - #CZ's Sentencing:

—CZ pleads guilty to Bank Secrecy Act violation; sentencing on 23 February 2024.


4️⃣#Coinbase dismisses SEC claims on 17 Jan 2024

Important Dates for Transcript Process:

—Redaction requests due by February 12, 2024.
—Deadline for redacted transcript: February 22, 2024.
—Restriction on transcript release lifted on April 22, 2024.

5️⃣28 March 2024 - #SBF's Sentencing:

—SBF's motion to delay sentencing to May 2024 denied; Q1 sentencing remains on 28 March 2024.

6️⃣ Fourth #BitcoinHalving Expected Date:

—Anticipated on 23 Apr 2024 at 00:16:06 UTC.

• #Bitcoin (BTC) rose above $43,000 on Tuesday.

• Investors are monitoring the upcoming US #FOMC meeting for its impact on the benchmark interest rate.

• Other top #cryptocurrencies, including #Ethereum (ETH), #Dogecoin (DOGE), #Solana (SOL), #Ripple (XRP), and #Litecoin (LTC), experienced gains.

• The PENDLE token had the highest 24-hour increase, rising over 15%. & MNT was the biggest loser

• The global #cryptomarket cap was $1.67 trillion at the time, showing a 2.27% gain in the last 24 hours.

Historical retracements, like the recent -18% in January, may precede significant returns post-#Bitcoin #halving. #CryptoNews

Rekt Capital notes a closing 14-day period, hinting at a potential #Bitcoin price drop, signaling a buying opportunity.
https://coinpedia.org/news/rekt-capital-advises-buying-before-bitcoins-pre-halving-rally-takes-off/

Dallas Mavericks, owned by Mark Cuban, continues accepting #Dogecoin, showcasing commitment to diverse #crypto options.

#ElonMusk's X payments launch fuels optimism for Dogecoin's broader utility, despite recent price fluctuations. #CryptoNews
https://coinpedia.org/news/dogecoin-to-moon-in-2024-mark-cuban-confirms-dallas-mavericks-to-accept-doge-payments/

#Bitcoin's climb above $42,200 creates a liquidity pool, signaling neutral impulse and potential volatility.

China's $140 billion liquidity injection connects to #cryptomarket surge, influencing global market sentiment positively.
https://coinpedia.org/news/bitcoins-big-jump-might-lead-to-1-billion-liquidations-analyst-warns-of-bitcoins-price-changes/

#ShibaInu's burn rate soared by 1411%, removing 61 million $SHIB tokens in 24 hours, impacting its price.

Amidst the burn surge, Shiba Inu aims to drop a zero, reaching $0.00001, creating anticipation. #cryptonews
https://coinpedia.org/news/shiba-inus-burn-rate-soars-1411-as-one-zero-vanishes-from-shib-price/

#Binance plans to sell back its stake in Gopax amid #regulatory concerns and SEC backlash.

The move aims to address reporting issues, with Binance converting Gopax's debt into equity. #CryptoNews
https://coinpedia.org/news/binance-takes-a-groundbreaking-move-to-sell-its-stake/

China #Evergrande Group faces liquidation, intensifying the #realestate crisis, impacting #investors and global markets.

Evergrande's colossal debt surpasses El Salvador's GDP, raising concerns amid the rise in digital asset demand. #Crypto
https://coinpedia.org/news/evergrande-liquidation-could-trigger-potential-global-crisis-boosting-crypto-market/

Source: @bloombergcrypto

Billionaire Tim Draper: "US Government Recognizes Bitcoin's Broader Benefits for Everyone" #CryptoNews

⚫️ Tim Draper highlights U.S. Government's evolving stance on Bitcoin as a crucial development for mainstream acceptance.

⚫️ Draper sees Bitcoin's advantages benefiting everyone, signaling a potential shift in U.S. regulatory approaches.

⚫️ Acknowledgment reflects increasing awareness of Bitcoin's unique features and potential for financial inclusion.

⚫️ Draper's remarks signal a pivotal moment, suggesting global adoption and integration of #Bitcoin and #cryptocurrencies.

⚫️ #Bitcoin (BTC) fell below $43,000.

⚫️ #Ethereum (ETH) rose above $2,300 with a small gain.

⚫️ Other top #cryptocurrencies like #Dogecoin (DOGE), #Solana (SOL), #Ripple (XRP), and #Litecoin (LTC) all experienced losses.

⚫️ The Render (RNDR) token gained the most, rising nearly 8% in 24 hours.

⚫️ BLUR was the biggest loser, dropping over 7% in 24 hours.

⚫️ The global #cryptomarket cap was $1.65 trillion, showing a 0.86% decrease in the last 24 hours.

#Terraform Labs, facing SEC lawsuit, files Chapter 11 bankruptcy to strengthen defense, potentially avoiding bond requirements.

CEO Chris Amani cites #bankruptcy benefits, challenges SEC's authority, claims #crypto assets aren't securities, amid ongoing legal battle. #CryptoNews
https://coinpedia.org/news/terraform-labs-files-for-bankruptcy-to-aid-sec-battle-challenges-jurisdiction-over-crypto-holdings/