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Showing posts from February, 2025

Bitcoin Price Prediction: Montana Becomes The 4th US State To Advance A BTC Reserve Bill To House As Investors Rush To This ICO Offering Free Bitcoin

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The Bitcoin price went up 1% in the last 24 hours to trade at $96,892 as of 2:25 a.m. EST on trading volume that dropped 25% to $28.77 billion. The BTC price recently dipped below $95k as a major bearish wave pushed it down, but it quickly recovered from this dip. Now, new reports have emerged stating that Montana just became the 4th US state to advance the Bitcoin reserve bill to the House. Apart from Montana, the only other states that have made this much progress are Utah, Arizona, and Oklahoma. It should also be noted that the bill was amended to exclude the requirement that funds must be held by qualified custodians or through an exchange-traded fund. If passed, it will come into effect on July 1, letting the state treasurer move up to $50m to special accounts used for investing in precious metals, stablecoins, and other digital assets. Bitcoin Price Prediction As for Bitcoin’s price itself, its recent drop below the $95k mark actually led it all the way down to $93,487. ...

Bitcoin Lightning bug allows remote theft of bitcoin via LND nodes

A major bug panicked Bitcoin Lightning users today. Senior Bitcoin developer “Calle” alerted node operators running software older than Lightning Network Daemon (LND) Version 0.18.5 or LITD Version 0.14.1. The vulnerability relates to how LND checks description fields for the settlement of Lightning invoices. Clever hackers figured out a way to manipulate the payment state of such invoices to remotely drain funds. Satoshi Labs co-founder Pavol Rusnak rang a similar alarm bell. As posts gained tens of thousands of impressions, users of the Lightning network spread the message about the imminent threat of theft. Lightning is a mesh network of approximately 5,000 BTC that move faster and cheaper than regular, on-chain BTC. By routing payments through 44,000 public channels connecting over 16,000 nodes, Lightning users sacrifice the full security and decentralization of BTC for speed, thrift, and extra functions. They also expose themselves to Lightning-specific...

Bitcoin (BTC) Predicted To Hit $159,000: Here's When

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Bitcoin (BTC) continues its sideways trajectory. The original cryptocurrency has faced significant hurdles this year. The asset hit an all-time high of $108,786 on Jan. 20, 2025. BTC has faced quite a dip since its peak. BTC’s price is down 0.3% in the weekly charts, 2.3% in the 14-day charts, and 10.7% over the previous month. Despite the dip, the asset has gained 0.4% in the daily charts and 82.5% since February 2024. Also Read: Dogecoin Price Prediction: AI Sets DOGE Price For February 25 Source: CoinGecko Cryptocurrency Market Continues Heavy Losses Source: Watcher Guru The crypto market faced significant barriers in February 2025. Macroeconomic factors have also held the market down. BTC is struggling to regain the $100,000 price point. Also Read: U.S. Senate Confirms Bitcoin Advocate Howard Lutnick—What’s Next for Crypto? The latest market dip comes after the Libra memecoin controversy. The project’s connection with Argentine President Javier Milei may have led to a di...

Nvidia (NVDA) Nearing All-Time High: Can It Hit $220 in 2025?

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The start of 2025 was certainly volatile for what was the biggest stock market winner of the previous year. However, things have returned to form for Nvidia (NVDA), with the stock closing in on its previous all-time high of $149. Now, all eyes are on just how high the AI chipmaker could go this year. There were few stocks that featured the kind of hype Nvidia had entering the year. In 2024, the company had surged more than 170% and thoroughly outperformed Wall Street. Despite a major setback that took place in January, it looks to be returning to form. But can it reignite the momentum that had it catapulting last year? Source: Fortune Also Read: Nvidia (NVDA) to Hit $260B in AI Revenue: What it Means for the Stock Nvidia Closing In On $149 All-Time High: But What’s The Ceiling For The Stock In 2025? In early January of this year, Nvidia had reached an all-time high stock price of $149. That appeared to align with the belief the stock could skyrocket this year. Indeed, there were m...

LIBRA Co-Creator Hayden Davis Doesn’t Deny Wallets Linked to the Project ‘Sniped’ Memecoin Launch

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One of the co-founders of the controversial memecoin LIBRA says the project itself “sniped” the token right after it rolled out. In crypto trading, sniping refers to the practice of using trading bots or scripts to buy a newly launched coin ahead of big transactions or the entry of retail traders. Snipers get their edge by buying early in anticipation of a massive spike in trading volume with the arrival of other investors. In a new interview on the voidzilla YouTube channel, LIBRA co-creator Hayden Davis says he does not deny that wallets linked to the project sniped the memecoin on launch day. According to Davis, LIBRA had a separate treasury dedicated to gobbling up the token and front-running other investors. “ That money that we consider ‘sniping’ is the project’s money.”  Davis says teams behind memecoin launches often practice sniping “to deter” others from getting in early. “From the standpoin...

Pepe (PEPE) Price Prediction – Will PEPE Reach a New All-Time High in March?

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Pepe (PEPE) appears to be gearing up for a major comeback as market conditions align for a potential altcoin season. Despite being down nearly 3% on the day, analysts and traders are closely watching PEPE’s movement, anticipating a bullish breakout. The question arises: Will Pepe hit a new all-time high in March, or will the Layer 2 meme coin Solaxy be the better alternative? Pepe (PEPE) Price Analysis Currently, PEPE is positioned within a key entry zone, with a projected target price indicating a strong upward potential. Investors are eyeing this opportunity as a chance to capitalize on a swift rebound, with on-chain analytics showing a solid holding pattern among PEPE holders. On-chain data reveals that 86% of addresses hold less than $1,000 worth of PEPE, while 36% of holders are classified as cruisers, meaning they hold for a medium-term period. About 22% of holders are long-term investors with holdings spanning over a year, and 10% of holders are classified as traders...

Asia's weekly TOP10 crypto news (Feb 10 to Feb 16)

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1. Hong Kong SFC: More Platform Licenses Will Be Approved This Month, and Custody and OTC Services Are Being Explored link Since the implementation of the Virtual Asset Trading Platform (VATP) licensing system by the Hong Kong Securities and Futures Commission (SFC) in June 2023, a total of 9 licenses have been issued, and there are currently 9 platforms awaiting approval. Leung Fung-yee, Chief Executive Officer of the SFC, said that more platforms will obtain licenses this month and plans to establish an official advisory group for all licensed VATPs in the short term to formulate a development roadmap for virtual assets. The SFC also plans to launch the second round of consultation on the regulation of over-the-counter (OTC) trading and custodial services for virtual assets, and is expected to formulate a more explicit regulatory framework for the OTC market and related services. 2. The Nantong Court in Jiangsu Province, China, Has Ruled that Virtual Currency Loan Contracts Are Inval...

6 Best Altcoins To Watch Today February 15 – MANTRA, Solana, Ethena, Render

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The Ethereum-to-Bitcoin (ETH/BTC) pair is approaching a crucial resistance level, sparking anticipation of a potential breakout that could fuel a broader altcoin rally. Crypto analyst Michael Van De Poppe has identified the 0.0285 BTC mark as a pivotal point, suggesting that a breakthrough at this level could trigger Ethereum’s first major surge.  Additionally, macroeconomic developments may further influence market sentiment. With the possibility of altcoins gaining 10-30% in the near term, investors are closely monitoring market movements. As momentum builds, this could be the perfect time to explore the Best Altcoins To Watch Today . 6 Best Altcoins To Watch Today MANTRA is a security-driven Layer 1 blockchain designed to align with real-world regulatory requirements. Ethena (ENA) has been showing strong market activity, currently priced at $0.4776 after a 7.33% gain in the last 24 hours. Meanwhile, Worldcoin (WLD) has expanded its World ID verification services to Jaka...

Solana will unlock $2 billion of SOL on March 1 from FTX estate – Sell time?

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Solana (SOL) vesting contracts will unlock 11.16 million SOL on March 1, worth over $2 billion at current prices. This will come from tokens previously bought and later sold by the defunct exchange FTX, part of the bankruptcy process. As informed in a Blockworks newsletter, “the FTX estate sold off a number of still-locked tokens to investors at a significant discount to the market price,” after the exchange went bankrupt. Data from Messari shows that the FTX Estate has 11.2 million SOL to be unlocked, including March 1’s event. Solana (SOL) Token Unlocks Per Month. Source: Messari / Dave (@ItsDave_ADA) This upcoming unlock amount represents over 2.2% of Solana’s circulating supply of 488.28 million SOL, according to CoinMarketCap . While a massive sell-off is possible, considering the buyers are already in profit, some analysts believe the threat is low. Picks for you ...

Pudgy Penguins Price Prediction: PENGU Drops 6% As Investors Pivot To This Crypto Index Token For Diversified Meme Coin Exposure

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The Pudgy Penguins price plummeted over 6% in the last 24 hours to trade at $0.01034 as of 9:47 p.m. EST as investors decrease their exposure to the meme coin. This 24-hour correction in the PENGU price has pushed the crypto’s weekly performance into the red by more than 5%. Pudgy Penguins Price Consolidates  4-hour chart for PENGU/USD (Source: GeckoTerminal ) The Pudgy Penguins price has been in a tight consolidation range between $0.00900 and $0.01098 in the last few days, GeckoTerminal data shows. This period of sideways trading could be the build up to a big move in the next few days. In the event of a bullish move, the Pudgy Penguins price might try to break above the upper boundary of the channel at $0.01098. A 4-hour candle close above this resistance could then lead to a climb to the subsequent barrier at $0.01433 in the short term. In a bearish case, the Pudgy Penguins price might test the lower boundary of the parallel channel at $0.00900. Losing the suppor...