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February 5, 2025

How long will Bitcoin’s price consolidation last?

February 5, 2025, , , 0
Analysts expect Bitcoin’s price consolidation to end by the end of February amid signs of increasing BTC demand and investor interest.

SEC is scaling back its crypto enforcement unit: Report

February 5, 20250
The SEC’s 50-person crypto unit is getting a shakeup with some staff reassigned to other areas, The New York Times reports.

US Senator Hagerty introduces ‘GENIUS’ stablecoin bill

February 5, 20250
Senator Bill Hagerty introduced the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, aiming to regulate US dollar-pegged crypto tokens.

Crypto-stealing malware found in Android, iOS app-making kits: Kaspersky

February 5, 20250
Kaspersky Labs says a software development kit for Google and Apple phone apps contains malware that can scan pictures for crypto wallet recovery phrases.

Robinhood halts Super Bowl bets a day after launch on CFTC request

February 5, 20250
Robinhood Derivatives has halted its Super Bowl betting after already rolling out the product to 1% of its customers after its Feb. 4 launch.

The lesson of El Salvador’s failed Bitcoin experiment

February 5, 20250
The revolution is dead in El Salvador. It’s a lesson for developing nations who aim to seek out economic autonomy by making crypto legal tender.

Crypto market may take over 2 months for ‘full recovery’ if 2022 pattern repeats

February 5, 20250
Crypto analyst Matthew Hyland says the market may not see altcoin prices return to December levels until at least April.

Ohio Senator introduces state’s second Bitcoin reserve bill

February 5, 20250
Ohio Senator Sandra O’Brien wants to allow the state’s treasurer to invest in Bitcoin — but no other cryptocurrency — to create the “Ohio Bitcoin Reserve Fund.”

Ripple says XRP Ledger back online after hourlong network halt

February 5, 20250
Ripple’s technology chief, David Schwartz, said the firm is investigating after its XRP Ledger stopped for just over an hour on Feb. 4.

Google boss expects to spend $75B on AI this year

February 5, 20250
Google CEO Sundar Pichai says his firm will spend about $75 billion on capital expenditures in 2025 — most of which is expected to head into AI projects.
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