BIGCAP COINS:

1. Solana: Market Cap of $43.7 Billion.
2. Sui: Market Cap of $1.7 Billion.
3. Chainlink: Market Cap of $10.6 Billion.

MIDCAP COINS:

1. Jupiter: Market Cap of $846 Million.
2. ZetaChain: Market Cap of $414 Billion.
3. Manta Network: Market Cap of $753 Million.

RISING COINS:

1. PepeFork: Market Cap of $262 Million.
2. Byte: Market Cap of $20.8 Million.
3. Pepe: Market Cap of $387 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 is fixing money.

Thanks to Bitcoin, anyone in the world is free to transfer money over a peer-to-peer network without having to go through a financial institution. Money that cannot be censored by authorities, devalued by governments, monopolized by corporations, or stopped by borders.

However, when it comes to trading, going through a trusted third party still remains necessary. Why is that a problem? Because trusted third parties always have been, and continue to be, security holes.

Bitcoin Trading Is Broken

Individuals and financial institutions alike rely on trusted third parties such as clearinghouses and exchanges to clear their Bitcoin spot and derivatives…

Read more on BitcoinMagazine

In an era where market diversification is key, Bitcoin shines as a must-have asset for forward-thinking investors. Its unique qualities of decentralization and limited supply offer a hedge against inflation and market volatility. Unlike traditional investments, Bitcoin operates on a global scale, unbound by government policies, offering investors a slice of digital autonomy. Its impressive track record over the past decade reveals a pattern of recovery and growth, highlighting its resilience and potential as a long-term investment.

Adding Bitcoin to your portfolio could signify a strategic move towards financial diversity and innovation. As the digital economy expands, Bitcoin is not merely an alternative asset; it’s a digital gold rush, redefining wealth storage for the 21st century. By aligning with Bitcoin, investors are not just following a trend; they are participating in a financial revolution that promises to reshape our concept of money and investments.

Disclaimer: Market capitalizations and data 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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Digital asset enthusiasts and former FTX users are eagerly awaiting news about the embattled exchange’s future. Recent court hearings shed light on FTX bankruptcy proceedings and its commitment to repaying customers, while ruling out any hopes of a reboot.

FTX Faces Uphill Battle in Bankruptcy Court

In late 2022, FTX, once a prominent digital asset exchange led by CEO Sam Bankman-Fried, filed for bankruptcy, sending shockwaves through the community. Fast forward to the present, and the exchange is navigating a complex Chapter 11 bankruptcy plan, with various challenges and uncertainties.

Andy Dietderich, the legal representative from Sullivan and Cromwell, who handles matters for FTX,…

Read more on bitcoinnews

In a recent tweet that gained widespread support across social media platform X, Marty Bent, co-founder of The Standard BTC, minced no words in expressing his disdain for the Biden administration’s latest stance on the bitcoin mining industry.

If you are an operator in the bitcoin mining industry in the US it is imperative that you ignore this survey and tell the EIA, the Department of Energy, and the current administration to fuck off.

Here’s what they have in store for you.https://t.co/9hoEhE3vmL

— Marty Bent (@MartyBent) February 1, 2024

The uproar stems from the Biden administration’s announcement on February 1 of an emergency data collection initiative aimed at bitcoin mining…

Read more on bitcoinnews

In its recently released annual report on January 31, ARK Invest, a prominent investment management firm, sheds light on Bitcoin’s historical outperformance relative to major assets and proposes an institutional portfolio allocation of up to 19.4% to optimize risk-adjusted returns.

The Ark Invest portfolio recommendation encompasses diverse research findings, primarily focusing on the technological convergence of blockchain. It aims to “tap into the exponential growth opportunities often overlooked in broad-based indices while simultaneously providing a hedge against the risks posed by incumbents facing disruption.”

Bitcoin Outperforms Every Asset

ARK’s report presents comprehensive…

Read more on bitcoinnews

The cryptocurrency market is witnessing a notable surge in investor interest, particularly in Bitcoin-focused funds. Leading the charge is BlackRock’s iShares Bitcoin Trust (IBIT), which has outpaced the Grayscale Bitcoin Trust (GBTC) in trading volume, showcasing a significant $40 million lead. According to Bloomberg Intelligence, IBIT’s trading volume soared to an impressive $219.3 million, underscoring the growing confidence among investors in Bitcoin as a viable investment option. The Grayscale Bitcoin Trust followed closely with a volume of $181.7 million. Other funds like the Fidelity Wise Origin Bitcoin Fund and the ARK 21Shares Bitcoin ETF also reported substantial trading activities, further emphasizing the increasing appeal of Bitcoin in the investment world. This shift towards Bitcoin-centric investment vehicles highlights a broader acceptance of cryptocurrency as part of diversified investment portfolios, signaling a bullish outlook for Bitcoin’s future.

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Standard Chartered Bank anticipates a substantial uptrend for Ether (ETH), projecting a potential 70% surge to $4,000 by May. The bank’s analysts, led by Geoff Kendrick, foresee a regulatory green light for spot-based exchange-traded funds (ETFs) in the U.S., drawing parallels with the SEC’s past approach to Bitcoin. The anticipated approval date is May 23, coinciding with final deadlines for applications from asset managers VanEck and Ark/21Shares. While the market currently undervalues the likelihood of approval, the report emphasizes the absence of fundamental reasons for the SEC to treat ETH differently than Bitcoin. Standard Chartered suggests that, leading up to the expected approval, ETH prices may either align with or outperform Bitcoin, akin to BTC’s 85% surge during the approval of spot ETFs on January 10. The report also notes that ETH, if approved, could face less selling pressure than BTC post-ETF approval. This expectation is based on the smaller market share of Grayscale Ethereum Fund (ETHE) compared to Grayscale Bitcoin Fund (GBTC), with fewer shares held by the FTX bankruptcy estate.

Coindesk