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news-imageFebruary 8, 2025

Confidence Shaken: Value Locked in Defi Endures a $15B Blow

The past seven days have proven tumultuous for digital assets, with decentralized finance (defi) protocols hemorrhaging 12.71% of their locked capital. From the twilight hours of Jan. 31 through Feb. 7, 2025, a staggering $15.088 billion evaporated from the ecosystem. Defi Protocol Holdings See Cascading Losses Data extracted from defillama.com as of Feb.
Publisher: Bitcoin
Sentiment: Negative
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Positive
cover-imageCoingape
February 8, 2025

Gemini to go Public! Should other Crypto Exchanges follow?

The recent 6 Feb report of Cameron and Winklevoss-backed, NY-headquartered crypto exchange Gemini considering an IPO in 2025 has once again put the limelight on the deliberations surrounding the ‘centralised crypto exchanges (CEXs) going public'. The positive scenario of crypto exchanges going public first caught significant public attention after one of the major crypto exchanges,

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Positive
cover-imageCryptopolitan
February 8, 2025

Nigeria set to welcome its first licensed stablecoin

Nigeria is set to witness the launch of its first-ever licensed stablecoin cNGN. According to reports, the stablecoins will be licensed by the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC).

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Positive
cover-imageCoingape
February 8, 2025

Is an Altseason Coming? Key Technical Signals Turn Bullish

The altcoin market is witnessing a critical technical development with the impending formation of a “Golden Cross” on the weekly timeframe. This occurs when the shorter-term 100-week moving average crosses above the longer-term 200-week moving average.

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Negative
cover-imageBeInCrypto
February 8, 2025

Biggest Altcoin Losers in the First Week of February 2025

The volatile market led to significant drawdowns for many altcoins this week, as Bitcoin and Ethereum also faced corrections. While a few assets managed to stay in the green, most cryptocurrencies hit multi-week or multi-month lows.

general-iconGeneral
Negative
cover-imageCrypto news
February 8, 2025

Crypto market turns red as Trump, US tariff threats linger

Cryptocurrencies were indeed under pressure Saturday, days after U.S. tariff threats triggered market turbulence. The market chaos follows President Donald Trump's executive order on Jan. 31, imposing tariffs on imports from Mexico, Canada, and China.

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Positive
cover-imageThe Currency Analytics
February 8, 2025

Nearly One-Third of Institutional Traders to Engage in Crypto in 2025, According to JPMorgan Survey

A new survey from JPMorgan has unveiled a significant shift in the institutional trading landscape, with nearly one in three institutional traders indicating plans to engage with cryptocurrency in 2025. This marks a substantial increase from last year, highlighting growing institutional interest in digital assets as part of broader financial strategies.

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Positive
cover-imageBitcoinist
February 8, 2025

90% of Brazil's Crypto Flow Is Stablecoins—What's Driving This Trend?

Brazil's central bank chief Gabriel Galipolo recently highlighted a significant rise in cryptocurrency adoption across the country. Speaking at a Bank for International Settlements event in Mexico City, Galipolo noted that over the past two to three years, the volume of crypto transactions has surged dramatically.

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Positive
cover-imageCoinPedia
February 8, 2025

Nigeria's SEC Adopts Blockchain Is This the Future of Crypto Regulation?

Nigeria's crypto scene took a big hit last year. The government banned unlicensed crypto platforms, causing panic among investors. Things got even messier when two Binance executives were detained, with one of them, Tigran Gambaryan, jailed until the U.S. government intervened to secure his release in October.

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Neutral
cover-imageUToday
February 8, 2025

'Concerning Crypto': Kanye West in Talks With Brian Armstrong

Rapper Ye, formerly known as Kanye West, has urged Coinbase CEO Brian Armstrong to avoid intermediaries, following his revelation that he rejected a $2 million offer to promote a fraudulent cryptocurrency scheme.

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Positive
cover-imageCryptonews
February 8, 2025

Kanye West Says He Rejected $2 Million Offer to Promote Alleged Crypto Scam

Rapper and entrepreneur Kanye West, now known as Ye, has revealed that he turned down a $2 million offer to participate in an alleged crypto scam targeting his fan base. The post Kanye West Says He Rejected $2 Million Offer to Promote Alleged Crypto Scam appeared first on Cryptonews.

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Positive
cover-imageInvezz
February 8, 2025

Remittix may be a buy despite recent crypto crash: here's why

Cryptocurrencies including Bitcoin tanked sharply last week after US President Donald Trump announced raised tariffs on China, Canada, and Mexico. While tariffs do not necessarily have anything to do with digital assets, the decline was primarily the global economic uncertainty that may be triggered once and if the new tariffs take effect in March.

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Neutral
cover-imageNewsBTC
February 8, 2025

Is The Crypto Market Top Near? Here's Why There's ‘Some Runway Left'

After the recent crypto market corrections, some investor's and market watchers' bullish sentiment appears to have decreased, with many claiming the top is in. However, other analysts point out that several indicators don't signal a cycle peak yet, suggesting that the bull still has some gas in its tank.

general-iconGeneral
Neutral
cover-imageCoinPedia
February 8, 2025

Is Kanye West Entering Crypto? Rapper Rejects $2M Crypto Scam Deal

Billionour rapper Kanye West now known as Ye, has set social media on fire with a series of tweets about cryptocurrency. Over the past 12 hours, he has posted more than 20 tweets, sharing his thoughts on everything from crypto scams to buying crypto directly without a middleman.

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