Day: February 26, 2025

U.S. Appeals Court (Mostly) Affirms 2023 Ruling Tossing Out Uniswap Class Action Suit

The U.S. Court of Appeals for the Second Circuit issued a ruling on Wednesday largely agreeing with a lower court’s 2023 decision to toss out a class action suit against decentralized exchange Uniswap. A group of investors originally sued Uniswap Labs, the company behind the decentralized protocol of the same name, and some of its venture capital investors in 2022, alleging that the company was responsible for harming investors by allowing scam tokens to be issued on its protocol. District Court Judge Katherine Polk Failla of the Southern District of…

Strategy launches Bitcoin Hub in Tysons Corner: ‘a free co-working space’

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On Feb. 26, Strategy, formerly known as MicroStrategy, announced the launch of the Strategy Bitcoin Hub in Tysons Corner, Virginia, via an X post. Strategy, known for its significant bitcoin investments, has expanded its role beyond financial holdings by establishing the Strategy Bitcoin Hub. The hub is designed as a free co-working space, providing a venue for bitcoin enthusiasts to connect, collaborate, and innovate. According to the announcement, the hub offers a workspace, lounge, and gym. This move aligns with Strategy’s recent activities, including a $1.99 billion Bitcoin (BTC) purchase…

Here’s why Bitcoin and Ethereum prices could recover despite February’s losses

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Bitcoin and Ethereum are set for their worst February in years, though analysts think the bull market isn’t over. Bitcoin (BTC) and Ethereum (ETH) are set to wrap up a rough month, with BTC dropping over 7.8% to $86,774.59 and ETH plunging 9.47% to $2,403. Should both close the month at current levels, it would be their worst February in years. But despite the downturn, voices in the crypto space aren’t panicking. Many still see a long-term bull market in the making, though they acknowledge that the cycles are evolving.…

Avalanche (AVAX) Overextended—Is A Market Shakeup Imminent?

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

$1b liquidations as Bitcoin drops; traders find shelter in this altcoin

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. RCOF’s alpha launch nears, with prices set to surge 10,000%, offering a rare opportunity amid crypto volatility. The Bitcoin price took a nosedive below $92,000 early February 25, 2025, erasing nearly $1 billion in market liquidations and sending shockwaves through the crypto space. Notably, this dramatic plunge came on the heels of US President Donald Trump’s confirmation of tariffs on Canada and Mexico, rattling investors and triggering a widespread…

$16 Billion In Possible Liquidations Suggests Where The Bitcoin Price Is Headed Next

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Este artículo también está disponible en español. Crypto analyst Kevin Capital has provided insights into where the Bitcoin price may be headed next. The analyst alluded to the current liquidation data, revealing that there are currently $16 billion in possible liquidations from BTC’s current price to the $107,000 price level.  Liquidation Data Indicates A Bitcoin Price Recovery Is Imminent In an X post, Kevin Capital revealed that there is only $1.5 billion in long liquidations from the current Bitcoin price to the $77,000 price level. On the other hand, there…

The Future of Crypto Enforcement in the U.S.

Having served as the first chief of the SEC’s crypto unit from 2017 to 2019, I’m often asked what kind of crypto enforcement we should expect to see from the new administration. My first answer is that I do not know. My second answer is that I believe it will be different, but it will not disappear. To anticipate the future of crypto enforcement, we should begin by reviewing the past. The beginning The SEC’s crypto enforcement unit was formed in 2017 during the first Trump Administration. The early focus…