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KINGVN

@kingvn

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KINGVN
@kingvn
NFT project Pudgy Penguins announced the burn of 12,164,667,616 PENGU tokens, representing 13.69% of total supply post-claim period, today on X platform.
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Next Layer Capital’s Brandon Turp claims holding Bitcoin marks a shift in corporate strategy for enhancing shareholder value. This move signifies a transformative approach in corporate financial management.
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According to crypto analyst Rekt Capital, Bitcoin's market dominance must surpass 70% to trigger a new altcoin season. Currently, BTC dominance is at 61%, having previously risen to 64.3%, but the overall trend remains upward.
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Coinbase is set to add support for Ether.fi (ETHFI) on the Ethereum network. Trading will commence after February 6, 2025, 9 AM PST, if liquidity conditions are met.
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Alchemy Pay has secured a Korean financial business license by investing in a local e-commerce platform, enabling it to offer financial services in South Korea.
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MicroStrategy, the largest corporate holder of bitcoin, has rebranded to 'Strategy' to underline its commitment to cryptocurrency. The firm emphasizes its bitcoin strategy with a new brand identity and logo, reflecting its focus on bitcoin and AI innovation.
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WazirX has warned creditors that rejecting the Singapore High Court-approved restructuring plan could delay repayments until 2030.
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U.S. cryptocurrency stocks rebounded after opening with losses, while the Dow and S&P 500 opened nearly flat and the Nasdaq rose by 0.16%. Notable increases include MicroStrategy up 0.88%, Tesla up 1.24%, and Coinbase up 0.2%.
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Semler Scientific, a Nasdaq-listed healthcare tech firm, purchased an additional 871 BTC for $88.5 million, raising their total holdings to 3,192 BTC, valued at approximately $320 million. The acquisition was funded by senior convertible notes and investment monetization.
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According to official sources, MEXC will list Berachain (BERA) on its innovation zone and open the BERA/USDT trading market on February 6, 2025, at 23:00 (UTC+8).
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Jason, the founder of Hooked Protocol, confirmed in Binance Space that he had a past romantic relationship with Dovey from Primitive Ventures, denying any misconduct or conflict of interest during Binance listing processes.
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Crypto.com, after obtaining a MiCA license, plans to introduce a Cronos ETF and a stablecoin by 2025, enabling cryptocurrency services across the European Economic Area.
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According to analyst Yujin, 1inch's investment fund purchased 3,257 ETH at an average price of $3,070 each in the past 30 minutes using $10 million USDC. The fund is known for its active trading of 1INCH tokens and successful ETH trades.
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Whale Alert detected the release of 400 million XRP, valued at $1.136 billion, from an escrow account. Ripple has been strategically managing its escrow, initially locking 55 billion XRP in 2017, with scheduled releases adjusted to extend the contract to 70 months in 2020.
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MicroStrategy founder Michael Saylor advised on social media X to never sell Bitcoin.
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Coinmarketcap data reveals XDC Network and DeXe among the gainers, while Hyperliquid and VIRTUAL face significant declines of 16.70% and 11.89% respectively.
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Large-scale Arbitrum investors and retail sellers are reportedly decreasing their ARB holdings, raising concerns about potential price declines. Analysts are closely watching market trends to assess future impacts.
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A report suggests India might reconsider its stringent crypto regulations as international adoption, particularly in the US, prompts a potential policy shift.
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Norway's largest sovereign wealth fund, NBIM, has increased its indirect Bitcoin holdings to 3,821 BTC, valued at $357 million by the end of 2024, marking a 153% growth. This increase is attributed to stakes in crypto-related companies like MicroStrategy and Coinbase, amid a 2024 AI-driven profit surge.
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Ross Ulbricht, or someone with access to his wallet, incurred a $12 million loss while providing liquidity on Raydium due to an initial pricing error. Despite losing 40% of the token supply, Ulbricht still retains 10% of the tokens and has correctly added liquidity to another pool.
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