Category: Reviews

Coinbase Dragged Over Early Investments from Jeffrey Epstein

Key Notes About ten years ago, Coinbase received $3 million as an investment from Jeffrey Epstein. The exchange is now dragged for this early capital benefit. Blockstream CEO Adam Back has denied any involvement in connection with Jeffrey Epstein. American cryptocurrency exchange Coinbase had no idea that an investment from a decade ago would bring it so much negativity today. For context, the Brian Armstrong-led firm is being dragged online for receiving about $3 million from American financier and sex offender Jeffrey Epstein, more than ten years ago. Top Crypto…

Cathie Wood Scoops Crypto Stocks BMNR, CRCL, BLSH, and HOOD in Recent Fall

Key Notes The recent purchase of crypto stocks came across different Ark Invest portfolio ETFs. Although ARK’s ETFs remained under pressure following the October crypto market crash, the latest purchase signals Wood’s continued conviction. In her recent interview, Wood also said that the gold rally is ending and investors should shift their funds to Bitcoin. Crypto stocks have taken a major beating during the recent crypto market correction, but Ark Invest CEO Cathie Wood finds a major opportunity here. On Feb. 2, the asset manager increased its exposure to some…

Aster Launches Stage 6 Buyback

Key Notes Stage 6 begins on February 4, with up to 80% of daily fees used for ASTER buybacks. The CEO addressed recent rumors and token holder concerns. Stage 6 will be the final trading airdrop, with the monthly 1% token unlock paused until staking goes live. Aster ASTER $0.59 24h volatility: 6.6% Market cap: $1.46 B Vol. 24h: $186.69 M has announced the launch of its Stage 6 buyback program aimed at reducing ASTER supply and supporting on-chain demand. The update comes as the project’s leadership publicly addressed market…

KBank Files for Stablecoin Wallet Trademark as IPO Plans Accelerate

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…

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…