๐ต๏ธ Kraken Knows Satoshiโs Identity? ๐คฏ
Coinbase exec claims 24 transactions were sent from wallets linked to Satoshi, with most BTC landing on CaVirtEx, a Canadian exchange acquired by Kraken in 2016. If KYC was involved, Kraken could have data on Bitcoinโs mysterious creator. ๐ค
But not everyoneโs convincedโcritics argue random users could have sent those transactions, not Satoshi himself.
Meanwhile, Satoshiโs wallets still hold 1.09M BTC (~$107B), with the last suspected activity in 2014. ๐ฐ
So, does Kraken hold the biggest secret in crypto, or is this just another wild theory? ๐๐
Coinbase exec claims 24 transactions were sent from wallets linked to Satoshi, with most BTC landing on CaVirtEx, a Canadian exchange acquired by Kraken in 2016. If KYC was involved, Kraken could have data on Bitcoinโs mysterious creator. ๐ค
But not everyoneโs convincedโcritics argue random users could have sent those transactions, not Satoshi himself.
Meanwhile, Satoshiโs wallets still hold 1.09M BTC (~$107B), with the last suspected activity in 2014. ๐ฐ
So, does Kraken hold the biggest secret in crypto, or is this just another wild theory? ๐๐
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Crypto soothsayer
๐ฅ Tornado Cash Sanctions Overturned! ๐ช โ๏ธ On January 21, the U.S. Fifth Circuit Court of Appeals overturned the OFAC sanctions against Tornado Cash imposed in 2022, calling them illegitimate and an overreach of authority. The case is back in the Texasโฆ
๐ชTornado Cash Dev Alexey Pertsev Released Under House Arrest ๐
After 18 months in jail, Tornado Cash developer Alexey Pertsev is being released under house arrest on Feb 7 with an electronic bracelet, per a Dutch court ruling.
"It is not real freedom, but it is better than prison," Pertsev posted on X.
He plans to appeal his conviction and continue fighting for justice. โ๏ธ
In 2024, he was sentenced to 5 years and 4 months for allegedly laundering $1.2B through the privacy mixer.
This is the first time a dev was convicted for how others used their codeโsparking huge debate in crypto circles. ๐งโ๐ป
Meanwhile, TORN token pumped 40% on the news. ๐
After 18 months in jail, Tornado Cash developer Alexey Pertsev is being released under house arrest on Feb 7 with an electronic bracelet, per a Dutch court ruling.
"It is not real freedom, but it is better than prison," Pertsev posted on X.
He plans to appeal his conviction and continue fighting for justice. โ๏ธ
In 2024, he was sentenced to 5 years and 4 months for allegedly laundering $1.2B through the privacy mixer.
This is the first time a dev was convicted for how others used their codeโsparking huge debate in crypto circles. ๐งโ๐ป
Meanwhile, TORN token pumped 40% on the news. ๐
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๐ BTC Outperforms Alts Since 2022 Low ๐คท
Since the 2022 market bottom, BTCโs market cap has surged 5.3x (from $363B to $1.93T), while altcoins lag behind with a 4.7x increase ($892B) (Glassnode).
Soโฆ was it easier to just HODL BTC rather than spend three years trading alts for break-even? ๐ค๐ฐ
Since the 2022 market bottom, BTCโs market cap has surged 5.3x (from $363B to $1.93T), while altcoins lag behind with a 4.7x increase ($892B) (Glassnode).
Soโฆ was it easier to just HODL BTC rather than spend three years trading alts for break-even? ๐ค๐ฐ
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๐ Donald Trump Jr. called crypto the future of American hegemony, emphasizing its role in maintaining economic strength.
Trump family-backed World Liberty Financial (WLF) plans to launch a strategic reserve of crypto assets. Also Trump's media company is exploring Bitcoin ETFs ๐ฐ
Trump Jr. also criticized overregulation, arguing the U.S. needs a clear but fair framework for crypto.
Trump family-backed World Liberty Financial (WLF) plans to launch a strategic reserve of crypto assets. Also Trump's media company is exploring Bitcoin ETFs ๐ฐ
Trump Jr. also criticized overregulation, arguing the U.S. needs a clear but fair framework for crypto.
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๐ฃ Buterin Hits Back at Solana Hype
Ethereum has faced increasing criticism, with some comparing it unfavorably to Solana, calling it the superior blockchain. Vitalik Buterin finally responded:
He was referring to Solana, Pump.Fun, and the meme coin meta dominating the space.
Vitalik admitted that such trends sometimes make him want to quit, but he keeps fighting for a better future for crypto.
A solid response with facts. Do you agree?๐ฅ
Ethereum has faced increasing criticism, with some comparing it unfavorably to Solana, calling it the superior blockchain. Vitalik Buterin finally responded:
๐ฌ "Do I feel good when people claim that a PvP KOL casino, where 99% of users lose money, is the best crypto product?"
He was referring to Solana, Pump.Fun, and the meme coin meta dominating the space.
Vitalik admitted that such trends sometimes make him want to quit, but he keeps fighting for a better future for crypto.
A solid response with facts. Do you agree?๐ฅ
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โ ๏ธ New Phishing Scam Targets Phantom Users ๐ป
Hackers have come up with a new phishing method (Details)โthey create fake pop-ups asking users to enter their seed phrase.
๐จ Reminder: The real Phantom wallet will never ask for your seed phrase when connecting to a new site!
๐ How to spot the scam?
โช๏ธ Right-click test โ If the pop-up disables right-click, itโs a fake.
โช๏ธ Check the URL โ The real Phantom extension always starts with chrome-extension://, scammers can't replicate this.
Stay alert and double-check before signing anything! ๐ฅ๐
Hackers have come up with a new phishing method (Details)โthey create fake pop-ups asking users to enter their seed phrase.
๐จ Reminder: The real Phantom wallet will never ask for your seed phrase when connecting to a new site!
๐ How to spot the scam?
โช๏ธ Right-click test โ If the pop-up disables right-click, itโs a fake.
โช๏ธ Check the URL โ The real Phantom extension always starts with chrome-extension://, scammers can't replicate this.
Stay alert and double-check before signing anything! ๐ฅ๐
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๐ต U.S. Congress Proposes Stablecoin Regulations
A new draft bill on stablecoin regulation has been introduced in Congress, aiming to create a clear framework for issuers at both state and federal levels.
๐ Key points:
โช๏ธ 2-year ban on stablecoins backed solely by digital assets
โช๏ธ Treasury to conduct a 1-year risk study ๐ง
โช๏ธ Goal: Strengthen the USDโs position as the worldโs reserve currency
Lawmakers want public feedback before finalizing the bill, while Trumpโs administration and Congress are working together on crypto policy. ๐
Meanwhile, Fed Governor Christopher Waller agrees that stablecoins can support the USD but insists proper regulation is needed.
๐จ Regulation is comingโwill it boost or strangle stablecoins? ๐ค
A new draft bill on stablecoin regulation has been introduced in Congress, aiming to create a clear framework for issuers at both state and federal levels.
๐ Key points:
โช๏ธ 2-year ban on stablecoins backed solely by digital assets
โช๏ธ Treasury to conduct a 1-year risk study ๐ง
โช๏ธ Goal: Strengthen the USDโs position as the worldโs reserve currency
Lawmakers want public feedback before finalizing the bill, while Trumpโs administration and Congress are working together on crypto policy. ๐
Meanwhile, Fed Governor Christopher Waller agrees that stablecoins can support the USD but insists proper regulation is needed.
๐จ Regulation is comingโwill it boost or strangle stablecoins? ๐ค
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๐ Bitcoin Network Activity Hits 1-Year Low
The Bitcoin Network Activity Index has dropped 15% since November, now sitting at 3,760โits lowest level since February 2024. ๐ง
For context, the last time activity fell this far below its 365-day MA was July 2021, right after Chinaโs mining ban. ๐โ๏ธ
Whatโs happening? Less on-chain movement, fewer transactionsโฆ quiet before the storm or just a market nap? ๐ค๐ค
The Bitcoin Network Activity Index has dropped 15% since November, now sitting at 3,760โits lowest level since February 2024. ๐ง
For context, the last time activity fell this far below its 365-day MA was July 2021, right after Chinaโs mining ban. ๐โ๏ธ
Whatโs happening? Less on-chain movement, fewer transactionsโฆ quiet before the storm or just a market nap? ๐ค๐ค
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Crypto soothsayer
๐ชTornado Cash Dev Alexey Pertsev Released Under House Arrest ๐ After 18 months in jail, Tornado Cash developer Alexey Pertsev is being released under house arrest on Feb 7 with an electronic bracelet, per a Dutch court ruling. "It is not real freedom, butโฆ
Tornado Cash co-founder Alexey Pertsev is free!
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๐ Strategyโs Bitcoin Bet: $0.4B โ $41.8B in 5 Years!
Strategy turned $0.4B into $41.8B in BTC over 5 years, but hereโs the catch:
๐น BTC price surged 947%, but due to constant buying, their actual profit is just 50% ๐คทโโ๏ธ
๐น Meanwhile, Strategyโs stock skyrocketed 2,762% ๐
And now BlackRock is joining the game, increasing its stake in Strategy to 5% (details) ๐ฅ
Sometimes stocks pump harder than BTC itself. ๐๐ฐ
Strategy turned $0.4B into $41.8B in BTC over 5 years, but hereโs the catch:
๐น BTC price surged 947%, but due to constant buying, their actual profit is just 50% ๐คทโโ๏ธ
๐น Meanwhile, Strategyโs stock skyrocketed 2,762% ๐
And now BlackRock is joining the game, increasing its stake in Strategy to 5% (details) ๐ฅ
Sometimes stocks pump harder than BTC itself. ๐๐ฐ
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๐ต Machi Big Brother just gifted Vitalik a BAYC NFT with the message: "Always pump ETH." ๐
So far, Vitalik isnโt exactly delivering on thatโฆ The best he can do is drop a "bullish" tweet. ๐๐
So far, Vitalik isnโt exactly delivering on thatโฆ The best he can do is drop a "bullish" tweet. ๐๐
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๐ Bitcoin vs. Trump's Tariffs: A New Trading Pair? ๐ค
Trump dropped a 25% tariff on steel & aluminum, and crypto briefly stumbledโBTC dipped to $94K before bouncing back over $97K. ๐๐
The whole market took a hit but recovered fast. Meanwhile, the Crypto Fear & Greed Index is still stuck in "fear mode." ๐จ
First, Mexico & Canada tariffs crashed markets (paused now), and now Europe & China are next. At this rate, traders might start checking Trump's tweets before checking the charts. ๐
Trump dropped a 25% tariff on steel & aluminum, and crypto briefly stumbledโBTC dipped to $94K before bouncing back over $97K. ๐๐
The whole market took a hit but recovered fast. Meanwhile, the Crypto Fear & Greed Index is still stuck in "fear mode." ๐จ
First, Mexico & Canada tariffs crashed markets (paused now), and now Europe & China are next. At this rate, traders might start checking Trump's tweets before checking the charts. ๐
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Crypto soothsayer
๐ต Machi Big Brother just gifted Vitalik a BAYC NFT with the message: "Always pump ETH." ๐ So far, Vitalik isnโt exactly delivering on thatโฆ The best he can do is drop a "bullish" tweet. ๐๐
๐ Wall Street is betting big against ETH!
Short positions on Ethereum have surged 40% this week and a massive 500% since November 2024. ๐ฆ
๐ Analysts at The Kobeissi Letter say:
Maybe itโs time for Vitalik to start pumping ETHโbefore thereโs nothing left to pump! ๐ค๐
Short positions on Ethereum have surged 40% this week and a massive 500% since November 2024. ๐ฆ
๐ Analysts at The Kobeissi Letter say:
"Never in history have Wall Street hedge funds been this short on Ethereum... and it's not even close."
Maybe itโs time for Vitalik to start pumping ETHโbefore thereโs nothing left to pump! ๐ค๐
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๐ MicroStrategy is now just Strategyโฆ but still buying BTC!
Saylor's company grabbed 7,663 BTC for $742.4M between Feb 3-9 at an average price of $97,255 per BTC. ๐ฐ
Total stash? 478,740 BTC bought for $30.4B at an average of $65,033 per BTC.
They skipped a week of buying for the first time in 12 weeks, but now theyโre back at itโnew name, same Bitcoin addiction. ๐ฅ
Saylor's company grabbed 7,663 BTC for $742.4M between Feb 3-9 at an average price of $97,255 per BTC. ๐ฐ
Total stash? 478,740 BTC bought for $30.4B at an average of $65,033 per BTC.
They skipped a week of buying for the first time in 12 weeks, but now theyโre back at itโnew name, same Bitcoin addiction. ๐ฅ
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๐ Bitcoin mining difficulty hits a new ATH! โ๏ธ๐
BTC mining difficulty jumped 5.6% to a record 114.7T, meaning miners now need 114.7 trillion calculations to find a block and earn 3.125 BTC. ๐
This surge comes as the network's hash rate also set a new record, showing strong activity from major mining pools. However, the Hash Ribbon indicator suggests some miners are shutting down due to lower profitability. โก๏ธ
Historically, miner capitulation has signaled Bitcoin bottomsโjust like in October 2024, when BTC rallied 50% after a similar pattern. Could this be another buy-the-dip moment? ๐ค๐
BTC mining difficulty jumped 5.6% to a record 114.7T, meaning miners now need 114.7 trillion calculations to find a block and earn 3.125 BTC. ๐
This surge comes as the network's hash rate also set a new record, showing strong activity from major mining pools. However, the Hash Ribbon indicator suggests some miners are shutting down due to lower profitability. โก๏ธ
Historically, miner capitulation has signaled Bitcoin bottomsโjust like in October 2024, when BTC rallied 50% after a similar pattern. Could this be another buy-the-dip moment? ๐ค๐
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๐ฐElon Musk offers $97.4B for OpenAI & ChatGPT! ๐ค
Sam Altman has already responded on Twitter: "No, thanks, but weโll buy Twitter for $9.74B if you want." ๐
Musk co-founded OpenAI in 2015 but left in 2018. Now, he criticizes the company for abandoning its nonprofit mission while developing xAI, a direct competitor to OpenAI.
AI wars are heating up! Who's making the next move? ๐ฅ๐
Sam Altman has already responded on Twitter: "No, thanks, but weโll buy Twitter for $9.74B if you want." ๐
Musk co-founded OpenAI in 2015 but left in 2018. Now, he criticizes the company for abandoning its nonprofit mission while developing xAI, a direct competitor to OpenAI.
AI wars are heating up! Who's making the next move? ๐ฅ๐
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๐จ Solo miner strikes gold! ๐๐ฐ
Yesterday, a solo miner hit the jackpot by successfully mining block #883181, earning a massive $307,547 (3.158 BTC) in rewards! ๐โ๏ธ
Proof that even solo players can still win big in the Bitcoin game. Luck or skill? Either way, thatโs one lucky hash! ๐๐
Yesterday, a solo miner hit the jackpot by successfully mining block #883181, earning a massive $307,547 (3.158 BTC) in rewards! ๐โ๏ธ
Proof that even solo players can still win big in the Bitcoin game. Luck or skill? Either way, thatโs one lucky hash! ๐๐
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BTC accumulation continues ๐
On December 17, Binanceโs BTC balance dropped to 558,022 BTC, marking a new low since early 2024. ๐
๐ต๏ธโโ๏ธ Analysts note that a similar BTC reserve decline happened before. In March 2024, it led to a new ATH and a 90% price surge. ๐ค
If history repeats, BTC could reach $180K soon! ๐ค๐ฅ
On December 17, Binanceโs BTC balance dropped to 558,022 BTC, marking a new low since early 2024. ๐
๐ต๏ธโโ๏ธ Analysts note that a similar BTC reserve decline happened before. In March 2024, it led to a new ATH and a 90% price surge. ๐ค
If history repeats, BTC could reach $180K soon! ๐ค๐ฅ
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