February: Analysts Predict a Strong Month for Bitcoin
Bitcoin experts predict a promising February for the cryptocurrency, foreseeing a potentially strong month driven by historical patterns and bullish momentum.
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China Suspends Restricted Stock Lending to Curb Short Selling
The China Securities Regulatory Commission (CSRC) suspends the lending of restricted shares in an effort to curb short-selling and promote fairness in the market.
Economist: Sanctions Strengthen Digital Ruble, Undercut Dollar
US sanctions against Russia are predicted to undermine global confidence in the US dollar, potentially leading to increased adoption of the digital ruble as a cross-border currency, according to Russian economist Alexander Razuvaev.
Cramer-Shorting ETF to Close After Posting Negative Returns
The Inverse Cramer ETF (SJIM) is closing down after posting a negative 15% return and attracting just $2.4 million in investments.
Gemini Lists New XRP Perpetuals Pair
Cryptocurrency exchange Gemini has added an XRP/GUSD perpetual contract, reflecting the expanding XRP presence on trading platforms following Ripple’s legal win.
Estonia Re-Approves Extradition of Crypto Fraud Suspects to US
Estonia has again approved extraditing two citizens who allegedly defrauded crypto investors of over $500M to face charges in the US after an initial court rejection.
Bonk Price Springs Back After Steep Decline
After a major drop from its 2023 high, Bonk has bounced back above $0.000011 but needs the overall crypto market to gain strength to continue its rally.
CFTC Chair Warns Bitcoin ETF Approval Risks Misconstruing Crypto Oversight
The CFTC chair said approving Bitcoin ETFs may be misinterpreted as full crypto regulation when cash markets lack oversight.
Coinbase Stock Faces Volatility From Lawsuit and Bitcoin Drop
Coinbase’s stock may see price swings due to its ongoing lawsuit with the SEC and an anticipated Bitcoin decline, per an Oppenheimer analyst.
Avalanche and Render Remain Bullish Cryptos
Avalanche has declined amidst falling crypto prices, but investors await its rebound, while new AI crypto InQubeta gains steam as an emerging Render competitor.