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news-imageFebruary 5, 2025

Bitcoin Is Moving to Hybrid PoS Model, Solana Co-Founder Claims

Solana co-founder Anatoly Yakovenko has opined that Bitcoin, the largest cryptocurrency, is heading toward a "hybrid" proof-of-stake (PoS) model.
Publisher: UToday
Sentiment: Neutral
BTC
SOL

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Positive
cover-imageThe Currency Analytics
February 5, 2025

Elon Musk's Tesla & Bitcoin Investments Reshaping Global Markets

Elon Musk, the billionaire entrepreneur behind Tesla, SpaceX, and several other ventures, continues to make waves in global markets. With a net worth surpassing $414.6 billion, Musk's diverse range of investments spans across industries such as electric vehicles (EVs), space exploration, artificial intelligence (AI), and blockchain technology.

Positive
cover-imageCryptoSlate
February 5, 2025

MicroStrategy rebrands to Strategy, reinforces Bitcoin Treasury focus

MicroStrategy announced on Feb. 5 that it will rebrand to Strategy, reflecting its focus on becoming a Bitcoin (BTC) Treasury Company and a publicly traded business intelligence firm. The Nasdaq 100 constituent company also introduced a new logo featuring a stylized “B,” which signifies its Bitcoin strategy and position within the crypto market.

Negative
cover-imageThe Currency Analytics
February 5, 2025

Bitcoin Price Prediction for Feb 5th: Key Levels to Watch

Bitcoin (BTC) recently dipped below the $100,000 mark, but this drop isn't just a result of typical market fluctuation. With rising global tensions and uncertainties surrounding trade negotiations between the United States and China, Bitcoin's price movement is reflecting broader economic concerns.

Positive
cover-imageCoindesk
February 5, 2025

Why Sen. Lummis' Bitcoin Plan Could Bring BTC to $500K

GSR Head of Research Brian Rudick joins CoinDesk to discuss recent movements across the crypto market and the possibility for the U.S. to implement Senator Lummis's plan to buy 5% of the bitcoin supply, which could drive the asset's price to $500,000. This content should not be construed or relied upon as investment advice.

Positive
cover-imageBitcoin
February 5, 2025

Microstrategy Rebrands as Strategy, Emphasizing Bitcoin-Centric Approach

Microstrategy has unveiled a rebranding effort, adopting the name Strategy to emphasize its commitment to bitcoin and artificial intelligence (AI). Microstrategy Renames Itself Strategy The Tysons Corner, Virginia-headquartered firm, recognized for its business analytics tools and substantial bitcoin reserves, introduced its updated identity, logo, and branding Tuesday.

Negative
cover-imageCoingape
February 5, 2025

Explainer: What's Happening With Solana Price?

The Solana (SOL) price is navigating a bearish zone, failing to recover from the recent crypto market crash. Notably, the Solana blockchain demonstrated exceptional performance in Q4 2024 and January 2025, with several key metrics showing significant growth.

Positive
cover-imageBenzinga
February 5, 2025

Bitcoin Struggling But 'Perfect Storm' Will Take It To $500,000, Ethereum To $20,000, Trader Predicts

Crypto analyst Michaёl van de Poppe urges investors to hold their crypto assets, emphasizing that Bitcoin (CRYPTO: BTC) is fairly valued while altcoins remain heavily undervalued. What Happened: Van de Poppe highlighted on Wednesday on X that the crypto market is currently experiencing one of the most extreme bearish sentiments in its history, following a prolonged period of capitulation.

Positive
cover-imageCryptoSlate
February 5, 2025

BlackRock to launch new Bitcoin ETP for European market

BlackRock is preparing to introduce an exchange-traded product (ETP) linked to Bitcoin (BTC) in Europe, Bloomberg News reported on Feb. 5. According to sources familiar with the matter, the fund is expected to be domiciled in Switzerland, and BlackRock could begin marketing the product as early as this month.

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