GiveCrypto, an initiative founded by Coinbase CEO Brian Armstrong “to make direct donations to people in need”, has made a significant donation of $3.6 million to Brink, a non-profit organization dedicated to funding Bitcoin developers.

Brink is excited to announce a $3.6m donation to our #Bitcoin development funding efforts from GiveCrypto!Thank you to @brian_armstrong and the @coinbase team as well as @johnhering and @FEhrsam for your support in making this happen!

— Brink (@bitcoinbrink) February 16, 2024

Brink, founded by renowned Bitcoin developers John Newbery and Mike Schmidt, aims to provide financial support and mentorship to promising developers working on open-source Bitcoin…

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BIGCAP COINS:

1. Bitcoin: Market Cap of $1.0 Trillion.
2. VeChain: Market Cap of $3.3 Billion.
3. Render: Market Cap of $2.1 Billion.

MIDCAP COINS:

1. Nervos Network: Market Cap of $517 Million.
2. Jupiter: Market Cap of $677 Million.
3. VeThor: Market Cap of $368 Million.

RISING COINS:

1. Mog Coin: Market Cap of $46.3 Million.
2. PepeFork: Market Cap of $125 Million.
3. MAGA: Market Cap of $146 Million.

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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Bitcoin’s value soared past the $50,000 milestone, marking a significant surge of over 20% in the past month, capturing the attention and confidence of investors worldwide. This uptick in market optimism has been notably fueled by the actions of Bitcoin whales, large-scale investors, who have collectively poured approximately $5 billion into Bitcoin, acquiring over 100,000 BTC within a mere ten days. This aggressive accumulation signifies a strong belief in the cryptocurrency’s potential for further growth, suggesting that the current rally may not only sustain but also escalate.

The enthusiasm among these major investors is reflective of a broader trend in the cryptocurrency market, where past instances of similar large-scale purchases have often preceded significant upward price movements. Despite lingering questions about the rally’s durability, the overwhelming consensus among a significant faction of the market points towards a sustained upward trajectory for Bitcoin. This period of intense buying activity underscores a robust optimism in Bitcoin’s future, hinting at the possibility of continued market dominance and further gains.

Twitter

Robert Kiyosaki, the acclaimed author of “Rich Dad Poor Dad,” has voiced his support for Bitcoin in a recent tweet, casting doubt on the reliability of the U.S. Federal Reserve. Kiyosaki, known for his insights into personal wealth management, expressed his distrust towards the Fed, criticizing its impact on the U.S. economy. He blamed the Federal Reserve for exacerbating the financial divide, accusing it of favoring wealthy banking sectors at the expense of the average American.

Highlighting the growing U.S. national debt and its implications, Kiyosaki positions Bitcoin, along with gold and silver, as more trustworthy assets. His critique comes amid concerns over the Fed’s policies, which he believes harm the economic standing of the lower and middle classes. This endorsement of Bitcoin by a prominent financial thinker indirectly champions the cryptocurrency as a viable alternative in the face of governmental financial mismanagement. Kiyosaki’s call to focus less on the Fed’s actions and more on alternative assets like Bitcoin signals a significant shift in the discourse on wealth preservation and investment strategy.

Twitter

In a recent series of testimonies before the House Financial Services Committee, the U.S. Treasury’s Undersecretary for Terrorism and Financial Intelligence, Brian Nelson, provided critical insights into the role of digital assets in funding terrorist activities. His testimonies aimed to clarify misconceptions surrounding the use of digital currencies by militant groups like Hamas and Palestinian Islamic Jihad.

Contradictory Reports Surface

Initial reports, notably by The Wall Street Journal, suggested significant digital assets usage by these groups, citing figures in the tens of millions of dollars. However, Nelson debunked these claims, asserting that digital currencies played only a…

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In an unexpected twist that has left the Bitcoin community scratching their heads, Senator Elizabeth Warren of Massachusetts has reportedly recognized Bitcoin’s 15th anniversary. Not only this, but she has also honored its creator, Satoshi Nakamoto, by requesting a commemorative flag flown over the U.S. Capitol, under Capitol Flag Program.

Despite initial skepticism, Satoshi Action Fund’s CEO Dennis Porter confirmed the authenticity, calling it the “best political troll” in a long time.

A Bitcoin U-Turn?

Known for her historical opposition to Bitcoin, Senator Warren’s surprising move initially caught many off guard. After years of dismissing Bitcoin as a tool for criminals and…

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In a recent statement, Yuri Pripachkin, the President of the Russian Association of Cryptocurrency and Blockchain (RACIB), shared a bold prediction for Bitcoin. He stated he believes bitcoin is “based on nothing”, but that won’t hold the digital asset back, and that it would surge to $90,000 by the end of 2024.

This forecast, reported by the Russian-language media outlet CoinSpot, is based on Pripachkin’s expectations of continued growth in BTC prices and a sustained increase in the overall investment volume in digital assets, including Bitcoin.

New ATH in 2-3 Months: Yuri Pripachkin

Pripachkin pointed out the ongoing trend of rising BTC prices. He asserted that the digital…

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