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Ethereum killers and layer-2 tokens rally despite 5% Bitcoin price drop

Altcoins offering layer-2 solutions pushed higher while profit-taking resulted in Bitcoin price pulling back to the $45,000 level.

https://ct.com/9d1b
Avalanche (AVAX), Matic and Celo rally while Bitcoin price pulls back

Ethereum network competitors like Avalanche, Matic and Celo are seeing substantial gains as high gas fees push users to search for cheaper alternatives.

https://ct.com/9d1l
88% of all BTC transfers are overpaying transaction fees

Three and a half years after the activation of SegWit, adoption of the space-saving transaction format is still far from ideal.

https://ct.com/9d1r
MasterCard announces support for crypto on its network

MasterCard will allow its almost one billion users to spend cryptocurrencies at more 30 million merchants, although it hasn’t specified which coins will be supported.

https://ct.com/9d1s
Lawyers warn Elon Musk’s Bitcoin pumping tweets could attract SEC’s ire

Elon Musk’s rampant Twitter activity could get him into hot water with the SEC according to lawyers.

https://ct.com/9d1t
Porn shop: Stripchat says crypto payments increased 400% in a year

Adult webcam streaming websites are getting a boost from pandemic lockdowns.

https://ct.com/9d1w
Perceived centralization could kill PoS networks: ShapeShift report

ShapeShift believes the public perception of a network’s centralization could make or break the current generation of smart contract platforms.

https://ct.com/9d1x
Lightning Network node count hits record high, TVL tops $42M

Will Bitcoin’s premier layer-two solution finally graduate from experiment to everyday utility, following its adoption by major exchanges?

https://ct.com/9d1z
Traffic to Binance surges to record highs, site goes down for maintenance

Binance suffered an outage today after announcing consecutive new all-time highs for web traffic.

https://ct.com/9d20
US Treasury Secretary Yellen says crypto misuse is a growing problem

The private sector invests enormous resources to help the government combat crypto crimes, U.S. Treasury Secretary Janet Yellen said.

https://ct.com/9d2d
Bitcoin whale clusters pinpoint $44,214 as the key near-term price level

Whale clusters show Bitcoin needs to defend $44,214 to see a continuation of the rally.

https://ct.com/9d2g
Thai finance minister critical of current crypto speculative surge

Thailand’s finance minister is not a fan of the retail crypto mania that saw monthly trading volume triple in January.

https://ct.com/9d2j
Ethereum-based social media project shuts down as ETH fees approach new highs

Ether transaction fees increased by over 35,000% in the past year, forcing one social media tokenization project to close down.

https://ct.com/9d2k
Crypto investors should consider buying gold, Newcrest Mining CEO says

Gold should help crypto investors hedge against the risks of highly unstable prices of cryptos like Bitcoin, the CEO of Newcrest Mining said.

https://ct.com/9d2l
Finance Redefined: Is this the escape from Ethereum? Feb. 3–10

Everyone’s trying to jump ship from Ethereum’s layer one, apparently.

https://ct.com/9d2p
ECB's Lagarde says central banks holding Bitcoin is 'out of the question'

The ECB President gives the impression that central banks will avoided copying institutions in hoarding cryptocurrency.

https://ct.com/9d2u
AC Milan fans to use blockchain tokens to vote on soccer club motto

European football giant AC Milan debuts its ACM fan token with a vote on the club motto for the rest of the playing season.

https://ct.com/9d2x
Tesla's $1.5B Bitcoin buy throws the cat amongst institutional pigeons

Elon Musk is either the hero or the villian of the year after Tesla's Bitcoin purchase polarized opinion among institutional investors.

https://ct.com/9d31
America's oldest bank, BNY Mellon, will custody Bitcoin

The chief executive of the bank's asset-servicing business says digital assets are becoming "part of the mainstream."

https://ct.com/9d36
Dollar weakness meets alt season: Is Bitcoin price about to hit $50K?

The price of Bitcoin is getting closer to the next major psychological resistance.

https://ct.com/9d39
Amazon job postings hint at digital payments project to launch in Mexico

Amazon has been silently working on a new digital currency project in Mexico, according to the company’s job postings.

https://ct.com/9d3f