Key Notes KBank in South Korea is seeking approval from KIPRIS for 13 trademarks. It will center around software for digital currency, cryptocurrency, stablecoin transactions, crypto mining, NFT-related software, and financial services. KBank is also pushing to go public via IPO, a third attempt since 2023. South Korea’s neobank KBank has filed 13 trademark applications for stablecoin wallets. It plans to trademark names like KSC Wallet, KSTA Wallet, Kstable Wallet, and Kbank SC Wallet. This comes as the company accelerates its planned Initial Public Offering (IPO). KBank Takes Another Shot…
Category: Reviews
Bitcoin Exchange Reserve Surges, Market Needs Fresh Demand
Key Notes Bitcoin’s 14-day RSI fell into deeply oversold territory. On Feb. 2, holders of 6 to 12-month-old coins transferred about 5,000 BTC to Binance. Miners sent roughly 175,000 BTC to Binance in January. Bitcoin BTC $78 193 24h volatility: 0.9% Market cap: $1.56 T Vol. 24h: $59.48 B recently dropped to $74,000 after failing to hold the November lows, extending a sharp pullback that has weakened short-term momentum. At the time of writing, the cryptocurrency is trading around $78,000 as the market sees a short-term relief. The 14-day Relative…
Elon Musk’s xAI Is Hiring Crypto Experts, Here’s Why
Key Notes Elon Musk’s xAI is set to hire a crypto expert who will train AI models to reason like professional market participants. All training will be based on real-world crypto trading behavior across centralized and decentralized platforms. Elon Musk has endorsed several crypto innovations in the past, including BTC. Elon Musk’s xAI has a vacancy opening for the position of a remote “Finance Expert – Crypto.” The candidate to fill this role is expected to have a good understanding of artificial intelligence (AI) models and its interception with the…
Arthur Hayes Moves PENDLE, ENA, LDO to FalconX
Key Notes Hayes transferred 327,869 PENDLE at $1.53 after buying near $2.06. The address sent 3.59 million ENA at $0.14, down from an entry point of $0.23. Hayes also deposited 2.31 million LDO at $0.42, below his reported $0.56 entry. BitMEX co-founder Arthur Hayes is transferring his crypto holdings to a brokerage platform, despite short-term gains in the broader market. On-chain data shows that all of these transfers involve assets acquired at higher price levels and now moved at lower market prices. Hayes recently transferred 327,869 PENDLE PENDLE $1.53 24h…
Crypto Market Up $100B, Bitcoin’s Next Move
Key Notes Crypto market sentiment improves on the backdrop of easing US-India trade tensions and dropping tariffs. White House engagement on the crypto market structure bill has raised hopes of strong progress this month. The next market direction hinges on whether bulls can hold Bitcoin price above the $75,000 support. After the liquidity-driven crypto market crash over the Feb. 1 weekend, the market is showing signs of recovery. Bitcoin BTC $78 278 24h volatility: 1.2% Market cap: $1.56 T Vol. 24h: $61.74 B price is up 4% today, trading around…
Bitcoin ETF Sees Inflows, but Investors Accumulate Ethereum
Key Notes Spot BTC ETFs registered a net inflow of nearly $562 million. Investors are also aiming to sell Bitcoin with a $252.6 million CEX inflow. Ethereum investors accumulated more than $335 million in ETH tokens. Spot Bitcoin exchange-traded funds in the US recorded strong net inflows on Feb. 2, while the asset’s price hovers below the $80,000. According to data from SoSoValue, spot BTC ETFs saw a net inflow of $561.9 million, led by FBTC and IBIT’s $153.3 million and $142 million inflows. These products saw a net outflow…
Virtuals Protocol Debuts 60-Day Trial for Founders
Key Notes Virtuals launched a 60-day reversible token trial. The framework lets founders test demand before committing capital permanently. If founders walk away, liquidity is drained and eligible funds refund automatically to holders. Virtuals Protocol VIRTUAL $0.64 24h volatility: 3.8% Market cap: $426.15 M Vol. 24h: $78.73 M has introduced a new launch framework called “60 Days,” giving early-stage founders a reversible way to test products, tokens, and market demand. Instead of forcing immediate and permanent commitment, founders build publicly for 60 days while capital forms through trading activity and…
Virtuals Protocol Debuts 60-Day Trial for Founders
Key Notes Virtuals launched a 60-day reversible token trial. The framework lets founders test demand before committing capital permanently. If founders walk away, liquidity is drained and eligible funds refund automatically to holders. Virtuals Protocol VIRTUAL $0.64 24h volatility: 3.8% Market cap: $426.15 M Vol. 24h: $78.73 M has introduced a new launch framework called “60 Days,” giving early-stage founders a reversible way to test products, tokens, and market demand. Instead of forcing immediate and permanent commitment, founders build publicly for 60 days while capital forms through trading activity and…
Solana (SOL) Keeps $100 Alive, Recovery Push Faces First Test
Solana failed to settle above $112 and extended losses. SOL price is now recovering above $102 but faces many hurdles near $108 and $110. SOL price started a decent recovery wave above $100 and $102 against the US Dollar. The price is now trading below $110 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $108 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $108 and $110. Solana…
Bitcoin Price Attempts A Comeback, But Follow-Through Remains Thin
Bitcoin price extended its decline below $78,000. BTC is now attempting to recover from $74,500 but faces many hurdles near $80,000. Bitcoin is attempting to recover above $77,000 and $78,000. The price is trading below $80,000 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance at $78,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $77,000 and $76,000 levels. Bitcoin Price Faces Resistance Bitcoin price failed to…