Day: February 4, 2025

Injective (INJ)Unveils Enhanced Blockchain Explorer, InjScan

Luisa Crawford Feb 04, 2025 17:31 Injective (INJ)introduces InjScan, a revamped blockchain explorer enhancing user experience with new features like advanced smart contract tools and improved data visualization. Injective (INJ)has launched InjScan, a newly revamped blockchain explorer that promises to enhance user experience and functionality, according to Injective Labs. This development is a response to extensive community feedback, incorporating many requested features to make interactions with the Injective ecosystem more efficient and intuitive. Key Features of InjScan InjScan introduces a range of…

Bitcoin Price Crash To $91,000 Termed Major ‘Bear Trap’ As Optimism Returns To The Market

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Este artículo también está disponible en español. Crypto analyst Merlijn has described the Bitcoin price crash to $91,000 as a major bear trap as optimism returns to the market. The flagship crypto had dropped to this level following a wave of weekend sell-offs but has since recovered above the psychological $100,000 level.  Bitcoin Price Crash To $91,000 Termed “Biggest Bear Trap” In an X post, Merlijn described the Bitcoin price crash to $91,000 as the “biggest bear trap of this cycle.” The analyst noted that this happened in the 2017…

Will It Rise Or Drop Again?

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Este artículo también está disponible en español. In the aftermath of yesterday’s Bitcoin crash, market participants are closely examining whether the leading cryptocurrency by market capitalization can rebound or if it faces the prospect of another decline. In a post shared on X today, February 4, on-chain analysis data provider Lookonchain offered insights into five critical indicators that may help traders and investors assess Bitcoin’s current position. “The price of Bitcoin experienced a major crash yesterday! Will it continue to rise or fall from the top? Let’s use 5 indicators…

Semler Scientific expands Bitcoin holdings to 3,192 BTC

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Semler Scientific has expanded its Bitcoin holdings, acquiring an additional 871 BTC for $88.5 million. Between January 11 and February 3, Semler made this Bitcoin (BTC) purchase, which was funded through proceeds from a senior convertible notes offering and the partial monetization of its stake in Monarch Medical Technologies, according to Semler’s press release. With this latest acquisition, Semler Scientific now holds 3,192 BTC, purchased at an average price of $87,854 per Bitcoin, totalling $280.4 million. The company has reported a year-to-date BTC Yield of 21.9%, with a 152.2% return…

Dormant Wallets Stir: 89 Legacy Addresses Move $348M in Bitcoin in January

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In January 2025, bitcoin exhibited modest volatility yet clung steadfastly above the $100,000 threshold through much of the month’s closing weeks. Within this period, dormant holdings totaling 3,422.29 BTC—equivalent to $348.11 million at prevailing valuations—stirred into motion after years of inactivity. 3,422 Bitcoin From 2011–2017 Wallets Reallocated To start 2025, a multitude of long-dormant bitcoin […] Original

Failure To Hold This Level May Trigger Crash To $74,000

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Bitcoin (BTC) and other cryptocurrencies are experiencing renewed selling pressure as escalating trade tensions between the United States and China lead to fresh tariffs on both sides. The largest cryptocurrency dropped to as low as $91,000 on Monday, while major altcoins like Ethereum (ETH) and Solana (SOL) also faced losses. CME Bitcoin Futures Open Interest Drops 4% The most recent installment of tariffs comes after the US enacted a 10% tax on all items from China, leading China to respond with its own tariffs on certain US imports, such as oil…

how will Bitcoin and altcoins react

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Bitcoin and most altcoins pulled back on Tuesday as cryptocurrency traders awaited the upcoming David Sacks press conference. Bitcoin (BTC) hovered around the $100,000 mark, while most blue-chip altcoins like Ethereum (ETH), Cardano (ADA), and Ripple (XRP) were barely moved.  Smaller names like Raydium, Official Melania Meme, Bittensor, and Aerodrome Finance were the best-performing coins. A likely reason for this market performance is the renewed trade war between the U.S. and China, which could lead to inflation. The U.S. has implemented a 10% tariff on Chinese imports, while China has…

Blockchain as a Solution to Financial Surveillance Concerns

Timothy Morano Feb 04, 2025 14:40 The FinCEN Database’s mass financial data collection raises privacy concerns. Blockchain is proposed as a more secure alternative, according to a16z crypto. The extensive collection of financial data by the Financial Crimes Enforcement Network (FinCEN) has sparked significant privacy concerns, according to a16z crypto. The FinCEN Database, which receives more than 25 million reports annually from financial institutions, collects data on various financial activities, often without suspicion of illegality. This practice, rooted in the Bank Secrecy…

Trump Barks, China Bites Back—Imposing Tariffs, Anti-Dumping Probes, and Export Limits

While reports indicate that Canada and Mexico may be spared the tariffs instituted by the Trump administration, China was not included in those analyses. China was hit with a 10% tariff on imports beginning this week, which applies to all goods imported from China. Trump’s Trade Strategy Meets China’s Defiant Response Markets improved on Monday […] Source CryptoX Portal