[LIVE] Crypto News Today, February 9 – ENS Abandons Namechain L2 Plan As Ethereum Price Holds $2K
Ethereum Layer 2 solutions are taking another L as ENS Labs has scrapped its plans for Namechain, opting to deploy the upgraded ENSv2 protocol directly on Ethereum. The change in plan comes after Ethereum scaling upgrades cut registration gas fees by over 99%,
Official Trump Meme Coin Tumbles After World Liberty Financial Probe
Trump-linked cryptocurrencies took a massive hit over the last 24 hours, reminding investors that political coins are just as volatile as the rest of the market. Official Trump Meme Coin (TRUMP) and World Liberty Financial (WLFI) plummeted 14.6% and 10.8% respectively, following news
China Reiterates Crypto Ban While Cracking Down on Tokenized Assets and Yuan Stablecoins
Like clockwork, China FUD is back just as Bitcoin slips into bear-market territory. Beijing has widened the scope of its cryptocurrency ban, explicitly targeting the tokenization of real-world assets and unauthorized stablecoins linked to its currency. China just reminded the global market that
UBS Says ‘Crypto Is Not an Asset’ as Bitcoin Whales and ETFs Pull Back
UBS has taken a firm stance against digital assets, declaring that “crypto is not an asset” as Bitcoin whales and ETF investors begin pulling capital from the market. Bitcoin managed a bump to $70K this morning, but don’t pop the champagne just yet;
Bitcoin Price Crash – Is it All Donald Trump’s Fault?
The Bitcoin price bounced emphatically off support at $60,000 in the first strong signal of bottoming activity, after giving up all of its Trump rally gains – but is it Trumpism in crypto that is at the root of crypto’s ills? There’s certainly
99Bitcoins Exclusive: “We can’t catch a break,” Says Coinbase Research Chief Analyzing Crypto ETF Outflows, Euro-Stablecoins And Institutional Adoption
“We can’t catch a break,” said David Duong, Head of Global Research, Coinbase Institutional, as he discussed the current state of the crypto market, institutional adoption and Euro-Stabelcoins. “We saw ETF outflows in December, and a big part of that had to do
Did Stablecoin Minting Stop Bitcoin Price From Breaking Below $60K?
Tether and Circle minted more than $3 billion in new stablecoins in just a few days as the Bitcoin price retested $60,000. BTC briefly bounced at that level, but the buying power many traders expected never showed up. That gap tells us a
Gemini Pulls Out of UK, EU, Australia as It Bets on US Rules
Crypto can’t exist in isolation. True, it promises decentralization and diffuses power back to the people. The problem is that fiat is needed to buy these assets, and some of the best cryptos to buy are still priced in USD, Euros, and many
99Bitcoins Exclusive: ‘Zcash Price Isn’t a Multi-Billion Dollar Narrative—It’s Trillion-Dollar’
Zcash is often billed as “encrypted Bitcoin,” yet its market cap is only about $3 Bn—roughly 1/280th of Bitcoin’s $1.3 T. In an exclusive interview with 99Bitcoins, Arjun Khemani, advisor to the Winklevoss-backed Zcash project Cypherpunk, breaks down the state of privacy crypto. His position
Tether $150M Deal With Gold.com: Stablecoin Giant Wants to Own the Supply Chain
The obsession with gold continues: Tether, the stablecoin giant, is once again expanding its gold exposure. In a move that signals a major pivot toward hard assets, Tether has struck a definitive deal to invest $150 million into Gold.com. The agreement buys Tether
