February 9, 2024
Bulls Charge Back as Bitcoin Nears $45K!
Bulls Charge Back as Bitcoin Nears $45K!
Crypto News Roundup (Feb 8, 2024): Bulls Charge Back as Bitcoin Nears $45K!
Market:
- Bitcoin (BTC): Up over 8% today, surpassing $45k for the first time in a month. Bullish futures data suggests further gains.
- Altcoins: Ethereum (ETH) and Solana (SOL) also in green, with some altcoins teasing a “historic breakout”.
- Bakkt: Crypto firm warns of potential cash shortage within a year.
Regulations:
- Kraken: Crypto exchange secures regulatory approval in the Netherlands.
- UK: Government unveils “world-first” crypto regime.
- US: DOJ announcement sends mixed signals, impacting prices briefly.
Other:
- Lightning Network: Bitcoin’s second layer solution hits all-time high daily transactions.
- Mt. Gox: Repayment of stolen BTCs nears, sparking price predictions debate.
- Thailand: Aims to attract crypto traders like Dubai, potentially boosting BTC adoption.
Best of the Week:
- AI Coins on the Rise: Fetch.ai, Akash Network, and Render rally at World AI Cannes Festival.
- Solana Surpasses Bitcoin: Weekly performance outshines BTC, with 85k pre-orders for Solana Mobile.
Disclaimer: This information is for educational purposes only and should not be considered financial advice. Please do your own research before making any investment decisions.
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