Another week, another round of Crypto Tidbits. The second week for the year 2020 was a lot more exciting for Bitcoin and the broader cryptocurrency space than the first. Per data from Coin360, the leading digital asset, BTC, gained 10% on the week, hitting $8,160 as of the time of writing this. Altcoins across the board have posted similar gains, with forks Bitcoin Cash, Bitcoin SV, and Litecoin really standing out.
Market aside, the underlying industry was as busy as ever, with there being a number of stories published over the past seven days that could have a larger impact on the cryptocurrency space. They are as follows.
Related Reading: Crypto Tidbits: Bitcoin Branded a Scam, Ethereum Upgrade Completed, Telegram’s ICO in Crisis
Bitcoin & Crypto Tidbits
Elon Musk Drops the “Bitcoin” Bomb on Twitter: In a tweet published Friday morning, SpaceX and Tesla CEO Elon Musk joked that “Bitcoin is *not* my safe word.” (If you don’t know what “safe word” means, please search it up.) The tweet quickly went viral, garnering over 100,000 likes on Twitter. It isn’t clear what exactly the technology entrepreneur was suggesting in tweeting this, though he has long referred to this industry with jest. Musk joked he was the chief executive of Dogecoin during April Fool’s Day in 2019, once randomly tweeted “Ethereum”, and once joked about “cryptocurrency” being his safe word.
Bitcoin is *not* my safe word
— Buff Mage (@elonmusk) January 10, 2020
Japanese Corporations Enter Crypto Mining Game: According to a recent report from Bloomberg published on January 7th, SBI Holdings — a financial services company group based in Tokyo, Japan that works closely with crypto-centric fintech upstart Ripple — and GMO Internet, an internet service provider that has been mining cryptocurrency for multiple quarters now, has entered an agreement with Nothern Bitcoin AG subsidiary Whinstone Inc. This agreement allows the two Japanese firms to use Whinstone’s facilities in Rockdale, Texas to mine Bitcoin and likely other cryptocurrencies. Whinstone’s parent company, Northern Bitcoin, has said that their Rockdale-based facility will have a mining capacity of 1 gigawatt by the end of 2020, a record.
Chinese Tech Giant Baidu Launches Blockchain Beta: On January 6th, Baidu — a Chinese technology and internet giant most often called “China’s Google” here in the West — unveiled its latest project: “Xuperchain,” a blockchain system for businesses, now going into beta. According to the translated version of a flashy new website outlining this new offering, this now-in-beta network will allow users, preferably operators of smaller businesses, to build and deploy blockchain applications to help bolster their businesses.
Bitcoin CME Options Launch Nears: Next Monday, January 13th, the CME will launch a Bitcoin options derivative market, which analysts will say will boost institutions’ capability to hedge risk and invest in this market.
NBA Player to Soon Use Ethereum: Brooklyn Nets player Spencer Dinwiddie revealed that he will soon be launching a bond representing himself on the Ethereum blockchain in collaboration with security token platform Securitize.
Bitcoin Exchange Deribit Leaves Europe as Regulatory Pressure Mounts: In a blog post published on January 9th, Bitcoin derivatives platform Deribit, a platform frequented by many crypto traders, revealed that it is officially leaving the Netherlands due to the Fifth Anti-Money Laundering Directive (5AMLD), a regulation set to be implemented in a majority of European countries on January 10th. Deribit will be setting up operations in Panama, where there are laxer laws, to operate the new platform. “The Platform will move to Panama, as we wish to continue offering an easily accessible trading platform at very low costs. Regardless of this move, Deribit users will still need to comply with KYC laws to trade Bitcoin on the platform, with all being forced to submit their legal name, name, date of birth, address, and country of residence.
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The next week will be a crypto token unlocks week as nine big crypto projects are set to add fresh supply to the market between 17 November and 23 November.
The crypto market remained under pressure last week, with Bitcoin, Ethereum, and Ripple (XRP) dropping by double digits. This decline happened as the total open interest pulled back and as the fear and greed index slipped.
The crypto market crash that started on Friday accelerated this week, with top coins being in the red. Bittensor (TAO) price plunged by 14%, while Aster, Immutable, Zcash, PancakeSwap, and DoubleZero being the top laggards.
This week’s US economic calendar is packed with key events. Traders are watching retail sales, the FOMC decision, and jobless claims for potential crypto market swings.
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Crypto traders are eyeing US labor market data this week, with JOLTS, ADP, and jobs reports likely to sway Bitcoin and Ethereum’s momentum.
The post 4 US Economic Events with Crypto Implications This Week appeared first on BeInCrypto.
The upcoming week is eventful in crypto, with new releases, sales, and communities that may define the success of the given projects. Let’s explore more.
This week’s top crypto airdrops feature major projects like Stable chain, Boundless, Billions Network, and Anoma. Early engagement in tasks and testnets offers chances to earn exclusive rewards.
The post Top 4 Crypto Airdrops for the Second Week of August appeared first on BeInCrypto.
The new week in crypto might be a busy one, with several key events that could impact both token prices and broader market sentiment. The DeFi Investor (@TheDeFiInvestor) shared a watchlist highlighting some of the most important developments traders should keep an eye on.
The final week of July saw the crypto market end with obvious indications of capital rotation: while larger L1s and DeFi staples moderately cooled off, micro- and mid-cap altcoins surged due to speculative pumps, DeFi activity, and narrative tailwinds. Even…
A new week is here, and with it comes a packed slate of crypto developments, protocol upgrades, and major unlocks that could shake up the markets. From Pendle’s next chain expansion to a long-awaited airdrop update from Sonic – here are 10 top events to watch in the days ahead.
This week’s top crypto airdrops include the Sui blockchain’s community passport, Humanity Protocol’s testnet rewards, and Ritual’s ambassador program, all with strong investor backing.
The post Top 3 Crypto Airdrops For the Last Week of June appeared first on BeInCrypto.
Crypto whales are piling into BRAIN, AERO, and AURA this week, signaling strong confidence in AI tools, DEX integrations, and meme coin momentum.
The post What Crypto Whales Are Buying For The Third Week of June appeared first on BeInCrypto.
With market sentiment improving, memecoins are taking center stage in this week’s crypto rally, driven by cooling US–China trade tensions and softer US inflation data that has revived hopes of earlier Fed rate cuts.
The crypto market did well this week as Bitcoin surged to a record high and most altcoins soared by double digits. Interestingly, this surge happened in a week when American equities slumped following the US credit rating downgrade by Moody’s.
Crypto prices had a mixed performance last week after the Federal Reserve left interest rates unchanged and the U.S. Securities and Exchange Commission ended its appeal against Ripple Labs. The crypto fear and greed remained in the fear zone, while…
Crypto markets brace for volatility as US retail sales, Fed signals, and global central bank moves shape investor sentiment this week.
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Despite market uncertainty, crypto whales have been actively acquiring AAVE, Ondo, and XRP this week, fueling bullish sentiment and potential price surges.
The post Crypto Whales Bought These Altcoins in the First Week of March 2025 appeared first on BeInCrypto.
AMMs, trading bots, and perpetuals are driving crypto trends this week. Market leaders like UNI, CAKE, Photon, and HYPE are seeing strong growth.
The post Top 3 Crypto Narratives to Watch For the Third Week of February appeared first on BeInCrypto.
XRP declined 7% since Monday, during a big week for crypto. President Donald Trump’s crypto czar David Sacks held a press conference and called it “a golden age in digital assets.” Sacks remains focused on laying out clearer regulation for stablecoins and Ripple’s RLUSD could benefit from the development.
The crypto ecosystem is on the cusp of yet another significant week, ushered in by several major developments taking place across different networks. This week’s spotlight falls on Bitcoin, Fantom, Avalanche, Stacks, and LayerZero, each of which is facing a pivotal milestone.
It’s been another busy week in crypto: Donald Trump’s World Liberty Financial (WLFI) is planning to launch a stablecoin, BlackRock’s spot Bitcoin ETF hit $30 billion in assets in 293 days, ex-FTX executive Nishad Singh avoided prison, and Immutable received a Wells notice from the SEC.
It’s been a busy week in crypto, from payments processor Stripe’s acquisition of stablecoin platform Bridge to Ripple’s co-founder donating $10 million in XRP to Kamala Harris’ US election campaign to the Pennsylvania House passing a bipartisan Bitcoin bill.
This week, crypto whales have accumulated Bitcoin, Notcoin, and Dogecoin, showing confidence in their long-term growth.
The post Crypto Whales Bought These Coins in the Third Week of October 2024 appeared first on BeInCrypto.
This week, the crypto market is brimming with critical events—from a revealing Bitcoin documentary and a pivotal moment in the FTX withdrawal process to a major network upgrade and key macroeconomic data releases.
Cryptocurrency prices remained under intense pressure this week as last week’s bullish breakout fizzled. Bitcoin recoiled from Sunday’s high of over $64,000 to below $60k while the crypto fear and greed index fell from almost 60 to 49.
Outperforming Bitcoin and Ethereum, these altcoins emerged as the best performing assets in the crypto market this week.
The post Biggest Crypto Gainers of the Week – June 28 appeared first on BeInCrypto.
This Week’s Best Crypto Gainers: BlockDAG Tops the List Earning $53. 5M In Presale With Near, Ondo, and Tron Close Behind This week has been a vibrant one in the cryptocurrency market, showcasing notable performances.
In a post on X, crypto analyst Miles Deutscher laid out his strategic predictions for high-performing cryptocurrencies in the upcoming week to his 501,700 followers. His analysis delved deep into Bitcoin’s trading patterns, the surging AI-driven altcoin sector, and specific tokens that are displaying considerable potential due to recent developments and broader market dynamics.
This week's crypto focus: Ethereum's potential rise, Coinbase's earnings, Fed decision's impact, and more.
The post Top Crypto News That Will Make Headlines This Week appeared first on BeInCrypto.
A curated weekly summary of forward-focused crypto news that matters. This week, an anti-CBDC bill passed through the US House Financial Services Committee, an anti-Bitcoin Senator is charged with bribery, and onchain data suggests most short-term BTC holders are stuck with unrealized losses.
A curated weekly summary of forward-focused crypto news that matters. This week, the Fed raises rates again as it attempts to reign in inflation, the correlation between digital assets and equities has dropped off, and the amount of buyable BTC appears to be dropping.
A curated weekly summary of forward-focused crypto news that matters. This week, a US congressman takes aim at CBDCs, RFK Jr. announces plans to partially back the US dollar with Bitcoin if he is elected president, and long-time-hodlers of BTC hit a new all-time high.
A look at five altcoins that increased the most in the crypto market this week, specifically from June 16 to 23.
The post These Altcoins Outperformed the Crypto Market This Week appeared first on BeInCrypto.
A curated weekly summary of forward-focused crypto news that matters. This week, Bitcoin surges as Montana passes a "right to mine" bill, a CBDC for International Central Banks is set to be launched, and court documents reveal the Bhutan Investment Funds.
A curated weekly summary of forward-focused crypto news that matters. This week, OPEC cuts oil production pushing gas prices higher and contributing to inflation concerns, the Ethereum Shanghai upgrade is set to take effect this week, and Texas legislators table a bill to return the state to the Gold standard.
There are the five altcoins that had the most positive performance from the crypto market last week.
The post These 5 Altcoins Were the Biggest Gainers in the Crypto Market Last Week appeared first on BeInCrypto.
The crypto market capitalization has been moving in the red over the past few days following an impressive rally. Large digital assets were seeing week after week of profits, but the macroeconomic landscape remains uncertain, capping any upside potential in the short term.
A curated weekly summary of forward-focused crypto news that matters. This week, Bitcoin performance has been mixed, strong employment data emerges from the United States, the market waits expectantly for an upcoming Fed Chairman speech, and Binance is suspending US dollar transfers.
Crypto News: Here are the most popular stories from across the cryptosphere as featured in BeInCrypto this past week.
The post This Week in Crypto: Top IOT Projects, Tether Beats Visa, and the Return of Solana appeared first on BeInCrypto.
These are the five altcoins that increased the most during bullish week
The post Frax Share (FXS) and Decentraland (MANA) Are at the Forefront of the Crypto Market Recovery This Week appeared first on BeInCrypto.
A curated weekly summary of forward-focused crypto news that matters. This week, Coinbase CEO Brian Armstrong points to FTX contagion risks, Tonga and Fiji explore the potential of the Bitcoin network, and a major Russian bank launches a gold-backed digital asset.
A curated weekly summary of forward-focused crypto news that matters. This week, Binance launches a new loan facility for Bitcoin miners as difficulty on the network surges, Coinbase reveals that its usage is now dominated by institutions, and the UK appoints a pro-crypto Prime Minister.
A curated weekly summary of forward-focused crypto news that matters. This week, generationally high-interest rates turn investors away from risk markets, the SEC and Ripple Labs legal battle appears to be approaching an endgame, and Nasdaq launches a cryptocurrency custody service.
A curated weekly summary of forward-focused crypto news that matters. This week, high inflation rates in the US spook investors & make more interest rate rises likely, the Ethereum price drops post Merge, and a South Korean court issues an arrest warrant for Terra/Luna founder Do Kwon.
A curated weekly summary of forward-focused crypto news that matters. This week, Bitcoin has a strong Friday as the global investment community turns on risk-on, Russia works on building cross-border stablecoin payment solutions, and Ethereum moves closer to transitioning to Proof-of-Stake.
A curated weekly summary of forward-focused crypto news that matters. This week, asset management giant BlackRock announces the launch of a new Bitcoin trust, the US Treasury Department sanctions Tornado Cash, and Ethereum gears up for the Merge.
Digital asset and crypto investment products saw a second consecutive week of negligible inflows this past week, amounting to $15 million.
The post Crypto Products See Second Consecutive Week of Negligible Inflows appeared first on BeInCrypto.
A curated weekly summary of forward-focused crypto news that matters. This week, the Bitcoin price recovers, Grayscale sues the SEC over its declined ETF proposal, and exchanges report a net outflow of assets to private wallets.
Major corporate developments, shifting market sentiment in Asia, and fresh moves in the AI landscape are happening on Tuesday. Disney races to secure a stable succession plan for CEO Bob Iger, Apple announces a significant leadership change in its artificial intelligence division, OpenAI initiates an internal “code red,” and Asian markets react cautiously to global […]
IRC App teams up with Soneium and TGC to transform idol culture, digital fandom, and event engagement with blockchain, rewards, and immersive participation.
Cryptocurrency exchanges in Japan would be required to set aside dedicated reserves to cover potential liabilities under a new mandate that Japan’s Financial Services Agency (FSA) plans to introduce next year to protect investors. With a number of high-profile security…
Japan is quietly preparing the most pro-crypto shift of any G7 nation. According to multiple reports from local media, the Financial Services Agency (FSA) is drafting a sweeping reclassification of digital assets that would bring Bitcoin, Ethereum, and around 100 other tokens under the same umbrella as stocks and investment funds.
Japan Exchange Group is considering stricter oversight measures for publicly listed companies that accumulate large cryptocurrency holdings, according to a Bloomberg report citing sources familiar with the matter.
Chainlink and SBI Digital Markets are moving closer together in their work on tokenized finance. The two companies have signed a new partnership aimed at linking traditional financial systems with blockchain-based asset markets.
Bybit is sacrificing short-term user acquisition in Japan, opting instead to redirect resources toward a comprehensive internal review aimed at eventually satisfying the FSA’s rigorous and evolving regulatory expectations.
