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Showing posts from February, 2025

BlackRock Buys $50 Million in Bitcoin Amid Dip in the Past Week

$10 trillion asset manager BlackRock has bought nearly $50 million in Bitcoin as other asset managers are selling in the past week. Arkham Intelligence data highlights the recent buying and selling activity among major financial institutions managing spot Bitcoin ETFs. The platform’s recent data reveals that BlackRock acquired around 515 BTC, worth just over $49M at press time. Grayscale Investments and Invesco recently offloaded part of their Bitcoin stash for unknown reasons. Bitcoin has been up and down in 2025 thus far but is overall up by over 6% in the past month. BlackRock, which is the world’s largest asset manager by total asset value, still appears highly confident in the cryptocurrency despite mixed market sentiment. BlackRock currently holds approximately $60 billion in Bitcoin. On the broader Bitcoin ETF market, there have been two consecutive days of net outflows. Data from Farside Investors show that out of the 11 asset managers, only BlackRock recorded posit...

Over 300 crypto scam center slaves freed after electricity shutdown

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Over 300 slaves have reportedly been freed from Myanmar crypto scam centers after Thailand’s government cut off electricity, internet, and fuel along the Myanmar-Thailand border.  Dimsum Daily reports that 100 people have been freed from scam centers in Tachilek City and moved to the Mae Sai district in Thailand. Nation Thailand, meanwhile, reports that 261 victims have been freed today from scam centers in KK Park and Shwe Kokko and will be sent to the Phop Phra district in Tak province. Various raids are being carried out while authorities gather at the border to transfer the victims. However, Thailand’s Deputy Prime Minister and Defense Minister, Phumtham Wechayachai, reportedly said refugee camps would not be set up for people coming from scam centers .  Thailand cuts power to Myanmar crypto scam center regions Read more: Single Chinese ‘pig-butchering’ operation made $100M in USDT, report He said, “If their native countries will not accept them, we w...

Apple (AAPL) May Be Highest Upside AI Stock Amid $325 Target

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The demand for artificial intelligence has steadily skyrocketed over the last two years. With OpenAI changing the game, Wall Street has flocked to companies promising advancement in the sector. Yet, Apple (AAPL) may have emerged as the highest upside AI stock amid a recent $325 price target. Indeed, the iPhone developer may have arisen as a key stock option to counter companies like Nvidia (NVDA) and Microsoft (MSFT). Although not a chipmaker or language model developer, its reach and past success could allow the company to be one of the biggest gainers of the industry’s growth. Apple Emerging as the Strongest AI Stock Play? Here’s What Experts are Saying Source: Pixabay Also Read: US Stocks: Who’s Winning—or Losing—2025 So Far? There are few companies that have been as successful over the last decade as Apple has been. The iPhone developer entered 2025 looking to be the first company to ever reach a $4 trillion market cap. However, geopolitical headwinds have some experts p...

Brevis introduces Pico v1.0, a new zero-knowledge virtual machine

Brevis, an off-chain computation engine, has launched Pico v1.0, a new zero-knowledge virtual machine (zkVM), according to the most recent reports shared with Finbold on February 11. Unlike traditional zkVMs, Pico allows developers to customize all layers, from prime fields and proving systems to workflows, coprocessor integrations, and access to historical on-chain data.  Pico v1.0 zKVM Approaching zkVMs modularly, Pico delivers 84% to 155% faster computation on central processing units (CPUs), with graphics processing unit (GPU) acceleration announced with future updates.  Picks for you Here's why Anthony Scaramucci is a 'much bigger Solana fan than Ethereum' 1 hour ago DeepSeek AI names the two cryptocurrenci...

Elon Musk-Led Investors Offer $97.4 Billion to Buy OpenAI

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Elon Musk is leading a group of investors in a potential $97.4 billion purchase of the nonprofit that controls OpenAI, Wall Street Journal reports. Musk is looking to acquire control of the AI powerhouse from Sam Altman, adding heat to their rivalry surrounding OpenAI’s ChatGPT. Elon Musk’s attorney, Marc Toberoff, said he submitted the bid to OpenAI’s board of directors Monday. JUST IN: Elon Musk-led group offers $97.4 billion to buy the nonprofit controlling OpenAI, WSJ reports. — Watcher.Guru (@WatcherGuru) February 10, 2025 OpenAI CEO Sam Altman was previously looking to transform the company into a for-profit after returning to his post late last year. However, the unsolicited offer throws a wrench in those plans. Since the two co-founded OpenAI in 2015, Musk and Altman have gone back and forth over the company’s future. Musk has gone as far as to ban OpenAI and ChatGPT from devices within the headquarters of his companies. Additionally, the Tesla founder’s xAI p...

Fed Money Printing Likely What Spurs Ethereum and Altseason, According to Analyst Benjamin Cowen

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Closely followed crypto analyst Benjamin Cowen says that a shift in monetary policy will most likely be what finally triggers an “altseason,” or a period where altcoins vastly outperform Bitcoin (BTC). In a new strategy session, Cowen overlays the Fed balance sheet with Ethereum (ETH) versus Bitcoin (ETH/BTC) and notes that in previous market cycles, altseasons didn’t kick off until the Fed ended quantitative tightening (QT) and increased the assets on its balance sheet. “What allowed for [the forecast] was just the understanding of tighter monetary policy, and knowing that last cycle we did not see ETH/BTC bottom or the inverse of that top, we didn’t see the BTC/ETH valuation top until the Fed ended quantitative tightening… And so, you can see that the Fed has been doing the same exact thing this cycle and throughout this process just like last cycle, ETH has lost value to Bitcoin. Now the same could be said about a lot of alt...

‘Giant Whale’ Accumulating Ethereum DeFi Altcoin, According to Lookonchain

A large entity is reportedly accumulating Uniswap’s native token UNI, according to blockchain tracking firm Lookonchain. Citing data from on-chain “de-anonymizer” Arkham, Lookonchain reports that an unknown deep-pocketed investor has begun withdrawing UNI from Binance, the largest crypto exchange in the world. “A giant whale is accumulating UNI! This whale has withdrawn a total of 1.7 million UNI ($15.54 million) from Binance in the [past days].” According to Arkham’s data, the whale also holds $15.8 million in Tether’s USDT in the same wallet which was created only about two weeks ago. Uniswap is the second-largest decentralized exchange (DEX) in the world, according to CoinGecko, and UNI is its governance token. Uniswap is the top DEX operating on Ethereum (ETH). At time of writing, UNI is trading for $9.22, up over 50% in the past year. Lookonchain also reported two whales loading up on HYPE, the native token for th...

FOMO Kicks In as Wall Street Pepe’s $72.7M Presale Signals a Strong Launch Ahead

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Wall Street Pepe (WEPE) has just shattered the $72.7 million milestone in its presale, signaling its potential to become one of the most significant meme coin launches of 2025. With the hard cap approaching rapidly, investors are scrambling to secure their positions before the window of opportunity closes. The presale is in its final stretch, and the momentum behind this token suggests a strong performance post-launch. Investors Eye Wall Street Pepe as the Next Big Meme Coin After Raising $71.7M With over $72.7 million raised, the excitement surrounding Wall Street Pepe is unmatched. Investors recognize its immense potential, and as the presale nears its February 16th conclusion, anticipation continues to build. Market analysts and influencers speculate that WEPE could experience a meteoric rise, with some predicting a 10x return upon launch. Wall Street Pepe operates with a total supply of 200 billion tokens, allocating 40 billion for the presale. The current presale price of $0...

Berachain Airdrop Triggers BERA Crash, While Solana Layer 2 Solaxy Shines As SOLX Presale Hits $18.5M

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The battle of the protocols is escalating as Berachain launches and Solaxy ($SOLX), the first Solana Layer 2, surges past $18.5 million in presale.  While Berachain is a Layer 1 solution that is EVM (Ethereum virtual machine)-compatible so it is interoperable with all Ethereum ERC20 tokens, Solaxy is making a different bet – one that solves the congestion problems of the red-hot Solana ecosystem. Berachain’s mainnet launch yesterday coincided with an airdrop to its community of 15.75% of $BERA token supply worth $630 million. The BERA coin quickly dropped in price, now down 28.5% over the past 24 hours – so if you are on the hunt for alpha, $SOLX is a much better bet. The new Layer 1 chain’s unique selling point is its proof of liquidity consensus system, designed to better align liquidity provider incentives and economics with securing the system. Put that another way, market makers, for example, become involved with the validation o...

Enso surpasses $3.1 billion in crypto transaction volume

Enso, a blockchain automation platform, has processed over $3.1 billion in transaction volume, as stated in the reports shared with Finbold on Friday, February 7.  This achievement makes Enso one of the top three blockchain aggregators according to seven-day volume. Processing $3.1B completed. 84 shortcuts executed. Fueled by Boyco, Enso shortcuts powered execution at massive scale for @berachain's mainnet launch. Yes, the chain is actually real. pic.twitter.com/7nLefHOgln — Enso ️ (@EnsoBuild) February 6, 2025 Boyco campaign liquidity  The spike in transaction volume was largely driven by Boyco, a liquidity campaign tied to Berachain’s pre-launch strategy.  Picks for you Crypto trader makes $600k in 2 hours with amazing short position 37 mins ago ...

VeChain: AI Sets VET Price For February 15, 2025

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The entire cryptocurrency market was painted red. While most assets were recording a downfall, some were experiencing a much bigger drop than others. VeChain (VET) was part of the former as the cryptocurrency saw a massive downfall. After witnessing a 31% dip throughout the week, the community is hoping to see the asset pick up pace. This is particularly important for VET as the asset hit an all-time high of $0.2782 about four years ago. VeChain is currently 87% below this peak. Also Read: Dogecoin: AI Predicts DOGE Price For February 15 How Is VeChain Faring? Source – blockchainreporter Over the past 24 hours, VET recorded a drop of 6.24%. At the time of writing, the asset was trading at $0.03324. VeChain has been trading sideways over the last three weeks, creating a range between important milestones. Source: CoinMarketCap The market cap of the asset was also swimming in bearish waters. After a 6% drop, the market value of VET stood at $2.69 billion. Meanwhile, the daily volume...

Is It Too Late To Buy $FARTBOY? Fartboy Price Skyrockets 30% And This Might Be The Next Crypto To Explode

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The Fartboy price skyrocketed 30% in the past 24 hours to trade at $0.07963 as of 02:34 a.m. EST on trading volume that surged 160% to $11.5 million. Fartboy Price Indicators Show A Continued Surge The $FARTBOY price has experienced a strong bullish trend, surging significantly from its previous consolidation phase.  The Fartboy price recently broke out from a falling channel pattern (highlighted in yellow), which acted as a corrective pattern within the larger uptrend. $FARTBOY bulls then capitalized on the $0.01661 support to push the price through a parabolic rally, according to GeckoTerminal data.  The 50-period Simple Moving Average (SMA) on the 4-hour chart sits at $0.03909, significantly below the current price of $0.07963, confirming that the asset is in a strong uptrend. The key support levels can be identified near $0.055 and $0.021, while resistance has now formed around $0.080 and beyond. Meanwhile, the Relative Strength Index (RSI) is at 76.06, indicating...

AI Agent Crypto MIND Of Pepe Surges Past $5M In Presale In Just Three Weeks

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MIND of Pepe ($MIND) has soared past $5 million raised in its presale within just three weeks, positioning the AI meme coin hybrid as one of the year’s standout projects. Word on the industry grapevine suggests that MIND of Pepe could significantly up the game in both the meme coin and AI-integrated crypto sectors with its groundbreaking approach to trading and market intelligence.  As of this writing, the project has raised $5.13 million at presale. First movers have the opportunity to load up on $MIND at the rock bottom fixed presale price of just $0.0032662.  However, less than 36 hours remain before the price incrementally increases in the next stage of the presale.  The price will still be a fraction of a cent for the remainder of the presale, so there’s enough time to get acquainted with the project, but the sooner you buy in, the more potential upside you could realise.  Five Million. $MIND pic.twitter.com/...