Bitcoin’s Next Step May Depend On US Credit And Debt Conditions

Bitcoin (BTC) scratched new lows below $73,000 on Tuesday as data shows troubling macroeconomic challenges bubbling below increasingly volatile markets. New data highlights tightening credit conditions, even as the US debt and borrowing costs stay elevated, and one analyst said this gap between credit pricing and credit market stress may define Bitcoin’s price trajectory for…

Bitcoin ETF outflows deepen as ether and XRP funds quietly attract inflows

Bitcoin exchange-traded funds saw fresh outflows on Tuesday even as ether- and XRP-linked products drew net inflows, indicative of a growing split in how investors are positioning across major crypto assets during the latest bout of market volatility. U.S.-listed spot bitcoin ETFs recorded roughly $272 million in net outflows on Feb. 3, according to data…

Tian Ruixiang Says Investor to Contribute 15,000 Bitcoin for Equity

Tian Ruixiang Holdings Ltd (Nasdaq: TIRX) said it has entered a strategic agreement under which an unidentified investor would contribute 15,000 Bitcoin in exchange for an equity stake in the company.  At Bitcoin’s (BTC) price of about $75,000 at the time of writing, the proposed contribution would be valued at about $1.1 billion. Tian Ruixiang…

Vitalik Buterin Says Ethereum Scaling Should Move From L2s

Ethereum co-founder Vitalik Buterin has reversed his long-held view that layer-2s should be the primary way to scale Ethereum, saying the approach “no longer makes sense.” “We need a new path,” Buterin said in a post to X on Tuesday, arguing that many layer-2s have failed to decentralize and that the Ethereum mainnet is now…

Vitalik Buterin Says Ethereum Scaling Should Move From L2s

Ethereum co-founder Vitalik Buterin has reversed his long-held view that layer-2s should be the primary way to scale Ethereum, saying the approach “no longer makes sense.” “We need a new path,” Buterin said in a post to X on Tuesday, arguing that many layer-2s have failed to decentralize and that the Ethereum mainnet is now…

Nevada Authorities File Lawsuit against Coinbase over Unlicensed Wagering

The enforcement action over wagers on sports event contracts followed Coinbase announcing the launch of prediction markets in all 50 US states. The Nevada Gaming Control Board announced that it had filed a civil enforcement action against Coinbase over wagers on sports event contracts. In Monday filings in the First Judicial District Court of the…

ETH’s Negative Funding Rates May Not Be A Buy Signal This Time

Key takeaways: Ether dropped 28% in a week to $2,110 as investors cut risk and markets wiped out leveraged traders. Spot ETH ETF outflows reached $447 million as Ethereum network activity fell by 47%. Ether (ETH) plummeted to $2,110 on Tuesday, signaling fragility following a brutal 28% price correction over seven days. Investors retreated into…

ETH’s Negative Funding Rates May Not Be A Buy Signal This Time

Key takeaways: Ether dropped 28% in a week to $2,110 as investors cut risk and markets wiped out leveraged traders. Spot ETH ETF outflows reached $447 million as Ethereum network activity fell by 47%. Ether (ETH) plummeted to $2,110 on Tuesday, signaling fragility following a brutal 28% price correction over seven days. Investors retreated into…

Bitcoin’s Next Step May Depend On US Credit And Debt Conditions

Bitcoin (BTC) scratched new lows below $73,000 on Tuesday as data shows troubling macroeconomic challenges bubbling below increasingly volatile markets. New data highlights tightening credit conditions, even as the US debt and borrowing costs stay elevated, and one analyst says this gap between credit pricing and credit market stress may define Bitcoin’s price trajectory for…

Spanish Red Cross Rolls Out RedChain for Private Donations

The Spanish Red Cross (Creu Roja) has deployed a new blockchain-based aid distribution system, RedChain, that promises real-time donor transparency without exposing the identities of the people receiving assistance.  According to a release shared with Cointelegraph, the platform, developed with Barcelona-based infrastructure provider BLOOCK and zero-knowledge credential firm Billions Network, aims to digitize “the entire…