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Over $306 million in crypto will be unlocked this week, potentially creating market volatility
Quick Take Initially arrested in Greece in 2017, both the U.S. and Russia requested his extradition. Marc Fogel, the U.S. citizen exchanged for Vinnik, reportedly returned home on Tuesday night.
XRP’s bullish setup suggests a parabolic surge, with analysts eyeing $13 in the near term and $32 to $110 in future cycles. Technical patterns indicate XRP’s largest bullish formation, hinting at sustained momentum and potential breakouts ahead. Holding key support above $2.50 strengthens XRP’s upside potential, with a move past $3 opening the door for higher targets.
Cardano’s social media buzz is growing, signaling increased interest in its potential. Microsoft collaboration and Grayscale ETF could boost Cardano’s institutional adoption. Cardano is testing key price support levels, with a potential breakout in 2025.
Bitcoin could soon skyrocket as buyers are taking over, claims an analyst. The Bitcoin Taker Buy-Sell Ratio has confirmed a reversal as buyers take over. A breakout above $100K-$105K could confirm a bullish outbreak for Bitcoin.
Quick Take The exchange proposed allowing staking of ether and awaits the SEC’s next move. Bloomberg’s James Seyffart alluded to Wednesday’s filing being the first ETF to file with the SEC to allow for staking.
Quick Take A hacker promoted a memecoin project related to President Donald Trump’s youngest son Barron Trump, claiming “Trump should confirm the news soon.” However, World Liberty Financial confirmed Witkoff’s account had been compromised and urged users not to engage. Donald Trump’s daughter Ivanka was also the subject of a fake memecoin project in late January.
Quick Take Several U.S. states have proposed using public funds to invest in cryptocurrencies, with asset manager VanEck estimating that state-level Bitcoin reserve bills could drive $23 billion in buying. President Donald Trump has initiated efforts to develop a federal regulatory framework for digital assets, including stablecoins, and is considering a “strategic national digital assets stockpile.”
- 12:52GMX hacker returns over $40 million in assets, still holds 1,700 ETHAccording to Onchain Lens monitoring, the GMX Security Council has received 10,000 ETH (approximately $30 million) and $10.5 million in FRAX returned by the hacker. Previously, GMX suffered losses of over $42 million due to the attack. The hacker's address still holds 1,700 ETH, valued at around $5.12 million.
- 12:51Bitcoin Asset Management Firm K33 Acquires 50 More BitcoinsAccording to an official announcement reported by Jinse Finance, Bitcoin asset management firm K33 has increased its holdings by 50 bitcoins, bringing its total to 85 bitcoins. Recently, K33 launched a Bitcoin financial strategy and announced the successful completion of a share issuance to raise funds for the purchase of up to 1,000 bitcoins.
- 12:48Canadian-listed company Universal Digital acquires 10 Bitcoins for the first timeAccording to an official announcement reported by Jinse Finance, Canadian-listed company Universal Digital has acquired 10 bitcoins in its initial treasury allocation. Previously, Universal Digital announced the launch of a Bitcoin reserve strategy, planning to gradually reduce its current altcoin holdings and convert them into Bitcoin. The company has signed a non-binding memorandum of cooperation with Tokyo-listed GFA, aiming to jointly design Bitcoin reserve solutions for Asian listed companies. Under the agreement, both parties will explore building Bitcoin reserve models for Japanese listed companies, developing financing instruments such as warrants for Bitcoin acquisition, and improving the digital asset custody framework.