Month: February 2025

Top Meme Coins to Buy As Binance’s CZ Contemplates New Pet Coin

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Changpeng “CZ” Zhao, the former CEO of Binance, has been goaded by some fans to launch a meme coin inspired by his own pet dog. The entire thing went down on X, where CZ was first asked whether he even has a pet dog. As every man and his dog look to launch meme coins of their own, we review some of the best to buy right now. Nobody Without a Meme Coin It seems the idea of a pet meme coin sparked CZ’s imagination, as he followed up by…

Bitcoin miners in US face disruptions over trade war with China: report

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U.S. crypto miners relying on Bitmain hardware are seeing shipment delays as customs officials increase scrutiny amid trade tensions. Crypto mining firms in the United States are facing delays in getting new equipment as customs officials tighten checks on shipments from Bitmain, the top supplier of Bitcoin (BTC) mining rigs. Beijing-based Bitmain dominates the market for specialized mining rigs, but its deliveries to U.S. clients have been slowed down by increased scrutiny, Bloomberg reports, citing industry executives who have noticed more frequent inspections. “U.S. Customs has started randomly inspecting almost…

BNB Chain Launches AI Hackathon to Foster Blockchain Innovation

Alvin Lang Feb 13, 2025 12:39 BNB Chain introduces an ongoing AI hackathon, encouraging innovation in AI and blockchain. Participants can benefit from prizes, mentorship, and exposure, promoting AI adoption on the blockchain. BNB Chain has announced the launch of its AI Hackathon, an innovative event designed to encourage the integration of artificial intelligence technologies within the blockchain ecosystem. This initiative is part of BNB Chain’s broader vision to establish an AI-first blockchain ecosystem, as reported by the BNB Chain blog. Ongoing…

Bitcoin Faces CPI Shock—Research Firm Says ‘Buy The News’

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Este artículo también está disponible en español. Bitcoin and the broader crypto markets faced a jolt on January 12 after the latest US Consumer Price Index (CPI) data came in hotter than expected. The shock sent Bitcoin briefly downward before bouncing back, spurring a range of reactions among traders and analysts. The US Bureau of Labor Statistics released figures showing a 0.5% month-over-month rise in CPI, placing annual inflation at 3.0%—above the previously anticipated 2.9%. Meanwhile, Core CPI (excluding volatile food and energy costs) grew by 0.4% month-over-month, settling at…

Bitcoin ETFs Experience Third Consecutive Day of Outflows With $251 Million Loss

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On February 12, bitcoin ETFs experienced a third consecutive day of outflows, losing $251 million due to significant withdrawals from FBTC and ARKB. Bitcoin ETFs Extend Outflow Streak Bitcoin and ether exchange-traded funds (ETFs) faced significant withdrawals on Wednesday, Feb. 12. Bitcoin ETFs recorded their third consecutive day of outflows, totaling $251.03 million. Notably, Fidelity’s […] Original

U.S. BTC ETF Witness Third Consecutive Day of Outflows, As BTC Stalls

U.S. spot-listed bitcoin (BTC) exchange-traded funds (ETFs) have seen three consecutive days of outflows totaling $494 million. Wednesday’s outflows were the largest of the three, with $251 million, which saw BlackRock’s iShares Trust (IBIT) register a $22.1 million outflow, with Fidelity Wise Origin Bitcoin Fund (FBTC) registering the largest outflow of $102 million, according to Farside data. The outflows coincided with low volume in the ETFs, and Wednesday saw a total of just $2.58 billion in volume. IBIT registered less than $2 billion in volume, which put it as the…

Illegal Bitcoin mining operation explodes in Malaysia

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An illegal Bitcoin mining operation was discovered in a house in Malaysia, adding to the toll on the country’s power grid and contributing to the trend in electricity theft driven by illicit crypto mining activities. On Feb. 13, an explosion and smoke at a house in Kuala Lumpur led authorities to uncover an illegal bitcoin mining operation, as reported by Malay Mail. Firefighters responded to the scene after a local resident reported the incident. Upon investigation, they found a room with modified electrical wiring that had caused a fire. Once…

BNB Flips Solana’s Market Cap – Breakout To $700 Coming?

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Este artículo también está disponible en español. Amid today’s market retrace, BNB is leading the market with a 9% surge and surpassed Solana after flipping the cryptocurrency’s market cap. Some analysts suggest BNB’s breakout could attempt to reclaim the $700 level and target new highs. Related Reading BNB Leads The Crypto Market On Wednesday, the crypto market recorded another retrace, with Bitcoin (BTC) falling to a one-week low of $94,000. The rest of the market registered red numbers, with most cryptocurrencies in the top 10 bleeding. Meanwhile, BNB, previously known…

Zimbabwe Not Ready to De-Dollarize, Says Finance Minister

Zimbabwe’s Finance Minister Mthuli Ncube stated that the country must regain access to credit lines before adopting the Zig as its sole currency. He emphasized the need to restructure $21 billion in debt, as Zimbabwe has been locked out of capital markets since 1999 due to defaulting on its debt. Clearing arrears would enable access […] Source CryptoX Portal

Could These Market Signals Trigger the Next Rally?

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…