- Riot Platforms, a Nasdaq-listed Bitcoin mining company, reported a fantastic revenue of $376.7 million in 2024, up 34% from the previous year. Even though this sector is facing serious challenges!
- Net profit reached $109.4 million, reversing the loss of $49.4 million in 2023. This is all thanks to the acquisition strategy and the encouraging Bitcoin price.
- Although Bitcoin production decreased to 4,828 BTC, mining revenue actually increased. Mining costs increased, but Riot's unique energy strategy managed to reduce electricity costs to 3.4 cents per kWh.
- Riot also expanded its operations by acquiring Block Mining and E4A Solutions. Next year, they are ready to enter AI and high-performance computing.
What do you think about Riot's strategy? Let's discuss in the comments column!
Bitcoin just went through drama last week! 😅 After nearly touching the $100,000 mark on February 21, BTC plummeted to $78,000 on February 28. But don’t worry, BTC managed to bounce back slightly to $83,000 by the end of the month. This February was really nerve-wracking!
What caused it? Many say it’s due to Trump’s economic and political moves that caused a stir, including tariffs and approaches in the Russia-Ukraine war. But don’t worry, there are positive signs!
- 🐋 Bitcoin whales and ETF buyers are gathering BTC again. ETFs even recorded an inflow of $100 million! - The RSI indicator shows BTC is in an oversold condition, ready for a rebound! - The margin of realized losses also indicates potential recovery.
**Title: Trump Makes Crypto Market Soar, XRP Becomes the Main Star! 🚀**
- Donald Trump is once again causing a stir in the crypto world! After announcing a crypto backup plan involving SOL, ADA, and XRP, the market instantly turned green. In fact, Trump said he 'loves' BTC and ETH. Who would have thought that love could send prices soaring!
- XRP is in the spotlight with its price rising from $2.22 to $3 in just a few minutes, an increase of over 35%! Even though it has now dipped slightly to $2.9, XRP remains the third champion in market capitalization.
- Short traders must be biting their nails, as liquidations reached $57 million in just 4 hours! The total daily liquidation surpassed $630 million. Wow, who said crypto was boring?
- Come on, share your thoughts in the comments! Is this the beginning of a new trend or just a momentary euphoria?
- US inflation rose slightly by 0.3% from December to January, in line with expectations. However, the annual report shows a decline. Is this bad news for Bitcoin prices? 🤔
- Fed Chairman Jerome Powell said, "We are in a good position with this economy." But don't expect interest rates to drop quickly. The Fed prefers to wait and see.
- The good news is that the Fed is more friendly towards crypto. Powell said, "Banks can serve legitimate crypto customers."
- With inflation under control, is it time for Bitcoin to take the stage? Let's discuss in the comments!
**Good News from the Crypto World: Cardano Soars! 🚀**
- Cardano (ADA) just made a huge surprise! The price of this token jumped from $0.65 to nearly $1 in a matter of minutes. Wow, it's like a roller coaster ride without a seatbelt!
- Thanks to this surge, Cardano is now the eighth largest cryptocurrency, surpassing the legendary Dogecoin. Sorry Doge, ADA is on the rise!
- All of this happened after President Trump announced shocking news about crypto reserves in the US. The three cryptocurrencies mentioned are XRP, SOL, and of course, ADA.
- XRP and SOL also saw increases, but ADA shone the brightest with a 55% rise! This is the highest price for ADA in the last month.
- Come on, let’s discuss in the comments! Will ADA continue to soar or is this just a momentary euphoria?
US President, Donald Trump, shakes up the crypto market again in a spectacular style! In the last hour, the crypto market surged after Trump mentioned a trio of cryptocurrencies in his post. 🚀
- Trump, who was previously known to support only Bitcoin, is now teasing by mentioning SOL, ADA, and XRP. It turns out that lobbying from US crypto companies like Ripple has successfully influenced his choices.
- The price of XRP soared more than 20%, while Solana skyrocketed 15% past $160. Cardano was not to be left out, jumping 32% to a multi-day peak above $0.8.
- Even Bitcoin joined the rise, surpassing $88,000 before dipping slightly.
What do you think about Trump's move? Let's discuss in the comments!
🚀 Bitcoin is on a rollercoaster drama! Prices have dropped sharply, leaving investors anxious, but don’t worry, there is still hope! 😅
- **Daily Chart**: Bitcoin has plummeted since last week, but the 200-day moving average at $80K is the hero, preventing further decline. There’s a chance to bounce back to $90K, but if it breaks down, get ready for $74K!
- **4-Hour Chart**: Good news! The market has bounced from $80K with the RSI showing bullish divergence. However, it can't be considered bullish until it breaks through $87K. Come on, Bitcoin, let’s go!
- **Market Sentiment**: Negative funding rates, a sign of aggressive sellers. But this could be the beginning of the end of the downtrend. A small increase could panic sellers and push prices up again.
What do you think? Let’s discuss in the comments! 💬
- Bitcoin is making headlines again! After reaching an all-time high, its price has now plummeted below $80,000. 😱
- Bitcoin whales are also joining in on the selling, causing the market to shake even more. But don't worry, this isn't just a Bitcoin issue. The global economy is undergoing a "reset" due to new policies in Washington.
- Stocks and gold are also falling, so Bitcoin is not alone. But don't panic, says Robert Kiyosaki, this is actually a golden opportunity to buy cheap!
- "Bitcoin is money with integrity," he said. So, get ready to buy when it's on discount!
- What do you think? Let's discuss in the comments!
**Ether (ETH) Slipped, But There's Still Hope! 🚀**
- Like its peers in the crypto market, ETH has also experienced a decline. However, analysis from Nansen indicates that there is a risk of further decline. But don't worry, this is not the end of everything!
- According to reports, the expected volatility for ETH is low. But, who knows, this might just be a misunderstanding? Recent ETH prices suggest that there may be a surprise.
- Although the ETH options market remains optimistic, significant call positions are at risk. If the support level at $2,200-$2,300 is pressured, get ready for a roller coaster!
- On February 25, the put/call ratio was 0.46, indicating a call bias. There is a concentration of call strikes at $2,700-$3,100 and puts at $2,200-$2,500. The 90-day implied volatility shows a slight call advantage.
- The $2,500 level is now resistance. Hedging dealers could trigger selling pressure at this level. But, who knows, this might actually become a buying opportunity?
- After a week full of drama, the price of Bitcoin has stabilized above $86,000. Like a roller coaster, BTC briefly dropped to $78,000, but now it's up eight thousand higher!
- Altcoins are joining the party! XLM grabs attention with a 30% surge in two days, surpassing $0.32. Other altcoins like ADA, SOL, and DOGE also saw increases, although ETH and LTC are somewhat sluggish.
- The crypto market capitalization has risen by $250 billion since Friday, although it hasn't breached $3 trillion yet. BTC dominance remains strong at 58%.
Want to know more? Let's discuss in the comments! Who knows, there might be interesting predictions from you! 😉
**Ethereum Free Fall! Is it Time to Buy or Eat Popcorn? 🍿**
- Ethereum is once again making hearts race! After breaching an important support level, ETH is now testing the $2,100 zone. If this level breaks, get ready to see ETH slide down to $1,750. Oh no, ETH, are you going to be a rocket or a roller coaster?
- On the 4-hour chart, ETH continues to create lower highs and lows. But, there is hope! If it can break $2,400, there might be a slight recovery. If not, well, get ready to hold tight!
- Many are blaming the futures market as the culprit. But, open interest data says otherwise. It turns out, selling pressure is higher than in the spot market. So, don't keep blaming futures, okay?
Come on, share your thoughts in the comments section! Is this the time to buy or watch the ETH drama from a distance?
- Several Binance users have reported SMS spoofing attacks that are causing cold sweats. These fake messages appear in the official Binance thread, making them hard to distinguish from the real ones!
- One victim, Joe Zhou, shared his story on LinkedIn. Zhou panicked when he received an SMS claiming his account was accessed from North Korea. He was directed to create a SafePal wallet, which was said to be a Binance partner. But it turned out to be a trap!
- Zhou tried to save his funds, but the scammer was faster. In the end, his ETH balance was wiped out to pay gas fees.
- This attack comes after the Bybit incident that lost $1.5 billion. The Lazarus Group from North Korea is suspected to be behind it.
- Crypto friends, be careful! Don't forget to share your experiences or tips in the comments section! 😉
**Good News from Uncle Sam: $31 Million in Crypto is Back! 🎉**
- After almost four years, US authorities have recovered around $31 million in crypto stolen from the 2021 Uranium Finance hack. It’s like finding change in an old pair of pants!
- The hack occurred while Uranium Finance was busy upgrading to V2.1. A loophole in their smart contract was exploited to drain almost all of their assets. Oops!
- Although the perpetrators managed to launder the money through Tornado Cash and AnySwap, authorities were still able to track and recover most of the lost funds. Great, right?
- With crypto crimes on the rise, let’s discuss: What’s the best way to keep our crypto assets safe? Leave your thoughts in the comments!
**Chainalysis 2025 Report: Crypto Crime is Getting More Sophisticated!**
- Crypto crime is getting more sophisticated, but there's good news! Illegal transactions dropped to $40.9 billion in 2024, although they are predicted to increase again in 2025. 🤔
- Stablecoins are now the favorite of criminals, replacing Bitcoin. Why? Because they are fast, liquid, and have a regulatory blind spot. However, some stablecoin issuers, such as Tether, have started freezing illegal addresses.
- Ransomware payments dropped 35% in 2024. The police are getting more aggressive, victims are increasingly reluctant to pay. However, ransomware gangs are still creative by stealing data and extorting money.
- Market manipulation on DEXs is still rampant, with $2.57 billion in illegal trading volume. Beware of new tokens that have the potential to rug-pull!
- Crypto thefts rose 21% in 2024, with North Korean hackers responsible for 61% of cases. AI is also used to circumvent KYC and automate fraud.
What do you think? Will AI make crypto crime harder to detect? Let's discuss in the comments!
**Trump's Inauguration Day: The Beginning of the End for Bitcoin? 🤔**
- The crypto market is often more influenced by rumors than real news. Remember when BTC almost touched $50,000 in early January 2024 due to anticipation of the Bitcoin ETF launch in the US? Well, it plummeted below $40,000 afterward!
- Back in April 2021, BTC soared above $60,000 thanks to Coinbase going public. But when reality hit, BTC fell below $30,000.
- January 2024, Trump with his pro-crypto promises made BTC and other altcoins soar high, even BTC reached a peak above $109,000 on his inauguration day.
- But a month later, BTC lost almost 30% of its value. Is this the end of the bull market?
- If the bull market isn't over yet, maybe Trump's promise to make the US a crypto hub could be a driving force. Let’s discuss in the comments!
🚀 Bitcoin fell from the sky last week, losing more than 20 thousand dollars in just a few days! Is this just a regular 'dip' or the final signal of a bull market? 🤔
- Peter Schiff, the eternal critic of BTC, is back in action! He suggests moving from Bitcoin's 'bear market rally' to gold's 'bull market rally'. Gold dropped below $2,850, while BTC rose from $79K to $84K.
- Bitcoin network activity has declined, as has the hash rate and mining difficulty. Additionally, Trump's controversial policies and ETF outflows have many wondering: is this the end of the bull run?
- But don't panic just yet! Bitcoin often drops drastically before soaring again. The OG Bitcoiners say this is normal. Some are even optimistic that the price could break $280,000!
- After a week full of drama, Bitcoin has finally risen from its slump! After briefly plunging to $78,000, BTC has now soared back up by $7,000. Who says Bitcoin can't move on? 😎
- Altcoins are joining the party too! Ethereum is up 5% to $2,200, BNB is approaching $600 with a 4% surge. Ripple is not to be outdone, rising 8% to $2.17. SOL, DOGE, ADA, SUI, and XLM are also following suit, making the atmosphere even more festive!
- The total crypto market capitalization has increased by about $200 billion, reaching $2.9 trillion. Wow, who says crypto is sluggish?
Don't forget to leave your comments! Is this a sign of a new bull run? 🚀
- This week, the crypto market experienced a "tsunami" that wiped out billions of dollars. However, DOGE remains strong above a crucial support line. 🐶
- Analysts predict DOGE could soar three digits! Get ready, DOGE might fly high again!
- After a free fall from $0.26 to $0.18, DOGE managed to bounce back. The $0.19 line is indeed super important! If it breaks, the price could plummet to $0.06. But if it bounces, it could rise to $0.5!
- Although the crypto hype is currently sluggish, DOGE has often surprised us. Who knows, maybe this time too!
What do you think? Will DOGE bark loudly again? Let's discuss in the comments!
- Who would have thought, USDT has now become the star on the Tron network! With 98.5% of the total stablecoin supply, USDT is truly the main star. Other stablecoins? Well, they are just passing by. 😅
- With a circulating supply reaching $62.76 billion out of nearly $64 billion, USDT is the backbone of the Tron stablecoin ecosystem. USDC, USDD, TUSD, and USDJ? They are just getting the crumbs.
- USDT transactions on Tron reached over 14 million per week, which is 69% of all USDT activity. This number has increased from 61% in January. Wow!
- Good news! USDT will be available with zero-fee transactions on Tron. Justin Sun said this Gas Free feature will make transfers easier without needing TRX for gas fees. Get ready, wallets and projects can integrate through JustLend!
What do you think about this USDT dominance? Let's discuss in the comments!