CRYPTO2024

SSV Network has proposed a new permissionless stacking module for Lido, aimed at improving decentralization and stacking infrastructure for institutional participants.

SSV Network proposed a new permissionless stacking module for SSV's DVT (Distributed Validator Technology) and proposed a permissionless stacking module that integrates NOs (node operators) into the Lido operator set on #ethereum .
March 4 Distributed Validator Technology) and proposed a permissionless steaking module that integrates NOs (Node Operators) into the set of Lido operators on ethereum.
March 4. According to Cointelegraph, the proposal, if approved, will be the first third-party module for Lido's staking routers, further decentralizing the set of Node Operators using Lido.
key contribution to the #SSV Network, SSV According to Alon Muroha, founder and CEO of Labs, by leveraging the DVT of the SSV Network, the new staking module aims to increase the availability and security of staking.
This module is designed to increase the number of Lido node operators as He told Cointelegraph that it can further increase and improve the risk mitigation associated with staking, adding: for NO it is a seamless way to manage Lido staking, as well as a seamless way to integrate DVT and improve their own operations.
For BREAK ethereum, increased betting via DVT will make ethereum more resilient and decentralized (different regions, customers and infrastructure), he added.
Following Donald Trump's victory in the 2024 US presidential election, institutional investors' appetite for etherium betting products has grown, in part due to expectations that the country will become more cryptocurrency-friendly over the next four years.
betting participants Significant improvements to the betting infrastructure are needed to increase participation by large financial institutions. There are still risks in the existing infrastructure, such as single points of failure and coordination issues, says Mr.

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Crypto billionaire Justin Sun gets SEC stay on fraud charges - The Daily Hodl In the case, the parties believe it is in their best interest to stay the case while possible rulings are considered, and they Parties agree that no party or non-party will be prejudiced by the stay. According to the documents, Federal District Judge Edgardo Ramos granted the motion a day later.

In 2023, President Donald Trump's decentralized financial platform, later named Sun, and his #cryptocurrency firm, which invested millions of dollars in World Liberty Financial, were accused of fraud, selling unregistered securities and manipulating the price of the digital asset #TRX through soap trading.
Last April, the #TRON Foundation filed a lawsuit against the SEC, alleging that the SEC lacks jurisdiction to regulate foreign transactions and investments. The foundation filed a motion to dismiss the lawsuit, arguing that the SEC lacked jurisdiction to regulate foreign transactions and investments.
As the lawyer representing TRON at the time stated in the motion,
The SEC is not a global regulator. Any attempt to use its tenuous connection to the U. S. to extend U. S. securities laws to conduct in foreign countries is overbroad and should be rejected.
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Nansen analyzed the derivatives indicators of Ethereum crypto options and Deribit platform futures for the last week, month and year since February 25 to see if there is hope for the price of ETH.

the company found that the #ETH options market continues to have a bullish bias, but also found that important call-side positioning is increasingly at risk. This suggests the possibility of further volatility, especially if the $2,200 - $2,300 support level comes under pressure. ETH was worth around $2,395 on Feb. 25, but has fallen to $2,200 at the time of writing.
February 25 The put/call ratio at the time of writing was 0.46, indicating a skew toward calls. The total open interest in #Ethereum is more than 1,860 contracts, of which more than 1,278 calls and about 582,105 puts. The major strike prices for calls were centered between $2,700 and $3,100, and for puts between $2,200 and $2,500. The 90-day implied volatility (IV) for calls was 78.57 and for puts was 76.49, with a slight skew of 2.08 points in favor of calls.
The 90-day implied volatility data shows that current IV levels (78.57 for calls and 76.49 for puts. )49) are significantly lower than in previous years. The chart below shows that between 2020 and 2022, these levels are typically in the 120-140 range under "normal" market conditions and rise above 160 during periods of market stress.
Mr. Nansen added that Ethereum's IV levels are such that traders were expecting large price movements He suggested that traders were not expecting large price movements, but noted that this could have been a mistake as the price of Ether at the time was close to the strike level of the underlying option and market conditions were not bullish.
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News on Ripple litigation: SEC may allow appeals until April 16; closed-door hearing today Everyone is up in arms over the Ripple litigation, but after the SEC recently dropped cases against major companies like Coinbase, Robinhood and Uniswap, all eyes

are on #Ripple . On February 27, 2025, the SEC will hold a closed hearing on the Sunshine Act, which is said to directly mention the #XRP ETF, spurring speculation that the end of this long legal battle may finally be near. Could there be a tipping point for
However, former SEC lawyer Mark Feigel has been unequivocal, writing on X's website, Reminder: these are two completely unrelated things; ETFs are not discussed in weekly closed-door meetings. And, as always, the schedule of closed-door meetings is confidential, and there's no reason to think Ripple will be on the agenda any more than it has been in the last 200 meetings.
As for Ripple's lawsuit, Feigel said the SEC could dismiss Ripple's case despite a court ruling that Ripple violated the law. This situation is unusual and past cases cannot be relied upon. He explained that the SEC will likely want to settle the appeal before Ripple's arguments are heard in mid-April. For those who don't know, Ripple has until April 16 to file a response to the appeal.
The case began in December 2020, when the SEC accused Ripple of selling XRP as an unregistered security, and the price of XRP dropped nearly 80%. It fell; the SEC is appealing the decision, but the court ruled that XRP is not a security.
such positive news could lead to a spike in the price of XRP, as has happened in the past after favorable court rulings. 2023 November, Gary Gensler stepped down from his post at the SEC, the price of XRP rose 25% and continues to rise despite market volatility. Given the bullish sentiment surrounding XRP's legal prospects, many expect a significant price spike if the case is concluded in Ripple's favor.

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A $395 billion German asset manager has begun offering cryptocurrency trading, custody and management services: report - The Daily Hodl DekaBank, a German investment bank with $395 billion in assets under management, has reportedly begun offering cryptocurrency trading services to select clients.

According to a new Bloomberg report, DekaBank now offers #cryptocurrency trading, custody and management for institutional clients: according to Martin Muller, director
DekaBank, We have the experience needed to support savings banks and other institutional clients. We have the experience, the necessary licenses and the proven, ready-to-use infrastructure to support our customers.
DekaBank is authorized by the European Central Bank and the Federal Financial Supervisory Authority (Bafin) for services related to #digital assets, including a license to hold #cryptocurrencies in accordance with banking legislation.
Dekabank believes that institutional investors should buy cryptocurrencies, for example, to diversify their portfolios.
Other German savings banks already offer cryptocurrency services, including Landesbank Baden-. Württemberg (LBBW) has partnered with crypto platform Bitpanda to allow corporate customers to buy and sell digital assets.
Some savings banks plan to introduce cryptocurrency services for their private customers.
German cooperative banks, led by DZ Bank led by German cooperative banks Volksbank and Raiffeisenbank, plan to offer cryptocurrency services to their retail customers by mid-year.
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Read more % Bitcoin, Ethereum and Dogecoin cut losses despite widespread 'extreme fear': top analysts say buy dips What happened: bitcoin hit 86,008.23 for the day, its lowest since Nov. 12. It fell to $88,000 but recovered to $88,000 as traders bought into the drop. The major cryptocurrencies fell 13.43 percent in February, recording their worst February since 2014.

Ethereum also recovered after falling to $2,339 in the morning and rising above $2,500 by late afternoon. The second-largest #cryptocurrency has fallen more than 24% over the past month.
nearly $1.07 billion has been withdrawn from the cryptocurrency market in the past 24 hours, with bullish bets accounting for more than $873 million.
Open interest in #bitcoin decreased by 5.06% in the last 24 hours, with short positions increasing compared to long positions.
According to the Cryptocurrency Fear and Greed Index, the market has entered the "extreme fear" zone.
the global cryptocurrency market capitalization was 2.91 trillion U. S. dollars, down 2.49% in the last 24 hours.
leading stocks fell for the second day in a week: the S&P 500 index fell 0.47% to close at 5,955.25. The Nasdaq Composite Index fell 1.35% to close at 19,026.39. The Dow Jones Industrial Average rose 0.37% to close at 43,621.16
Leading the decline in the technology sector was Tesla Inc (TSLA); TSLA fell 8.39% and the Dow Jones Industrial Average fell 1.35% to close at 5,999.25. Among bitcoin-related stocks, Strategy Inc (STR) fell more than 11%. MSTR fell more than 11%.
President Donald Trump confirmed earlier this week that tariffs on imports from Canada and Mexico will take effect as planned, sparking fears of a full-blown trade war.
Wednesday after the market close, investors will pay attention to NVIDIA's earnings report.
More: Best Cryptocurrency Scanners
An analyst notes: the CEO of cryptocurrency payment company B2BINPAY Artur Azizov told Benzinga that bitcoin is now in a strong reversal zone.
"If the closing price falls below $89.233 and starts trading below this level, the outlook will not be very favorable because of the possibility of further declines.

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In this article:President Trump calls on Musk to be more aggressive in cutting government inefficiencies, praising DOGE's efforts.

While Musk is carrying out President Trump's inaugural order, federal employees are facing job cuts and demanding accountability reports.
#DOGE is reporting $55 billion in savings, mostly from DEI cuts, contract cancelations and USAID staff reductions.
On Monday, Department of Government Efficiency (DOGE) co-founder #Elon Musk ignored President Donald Trump's executive order. He warned employees who received one month's notice to return to work. He announced this on his social network X, urging those who continue to resist personal presence in the workplace to go on administrative leave this week.
President Donald Trump called on Elon Musk to step up cost-cutting measures in the federal government, saying that the billionaire
millionaire urged him to "more aggressively" cut wasteful spending and inefficiencies.
In comments Trump posted on Truth Social on Saturday, he praised Musk's work at the head of the Government Efficiency Office (DOGE) but said more needs to be done. LINE _BREAK "Elon is doing a great job, but he needs to be more proactive. We have to save our country, but remember, in the end we have to make it greater than ever before.
'MAGA! ', Trump wrote. '
A few hours later, Musk responded on Site X, writing, "Absolutely, Mr. President! .
President Trump asks Musk to be 'more aggressive' on DOGE cuts; Musk responds - federal employees are in trouble
According to FOX News, the reorganization of the federal work system began on Jan. 20, President Trump's first day in office, and "as soon as practicable.
He signed an executive order requiring all federal employees to return to full-time work "as soon as practicable.
The order required department heads to stop working remotely and stay in the office full-time.

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Robert Kiyosaki, author of Rich Dad, Poor Dad, supports Michael Saylor's prediction that bitcoin could hit $13 million per coin on November 20, 2024.

Kiyosaki's post on X (formerly Twitter) in which he wrote, $13 million for bitcoin: ... According to Michael Saylor. I believe he's right. He's smart.
He compared bitcoin's potential to traditional education costs and added: #Bitcoin is worth $90000 today. If Sailor is ....... I think she's ...... and I think she's ....... and if that's the case, at today's value of $9000, ...... will buy 0.01 bitcoin. If you buy 0.01 bitcoin today, ..... tomorrow you will be a billionaire.
His remarks followed a discussion between Seylor and Patrick Bet-David, in which Bet-David questioned the long-term valuation of #MicroStrategy (now renamed Strategies. ) Bet-David's calculations showed that if bitcoin 13 million, MicroStrategy could become a $10 trillion company within 20 years.
Can bitcoin really reach $13 million?
Seiler defended this prediction and explained it with math: $13 million. Multiply that by $90000 and you get a big number, he said on November 19, 2024. He argued that if bitcoin penetration increases from the current 0.1% to 7% worldwide, demand will increase significantly, leading to a sharp rise in prices. Given that bitcoin's fixed supply is 21 million coins, this level of penetration could raise the price to millions per coin.
If bitcoin reaches $13 million, owning 0.01 #BTC , which is now worth $9,000, will become
Bitcoin vs. MBA: Which is more valuable?
Kiyosaki also criticizes student debt, saying that investing in bitcoin may be a smarter financial decision than taking out an MBA loan.
"Of course, it's better than taking out $50,000 in student loans.
Years of studying... Than years of studying for a frivolous MBA.
Let's be smart. .... Buy bitcoin now. I.

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According to Arkham Intelligence, El Salvador's daily bitcoin buying strategy appears to have been suspended, with the last recorded purchase from the country's wallets occurring on February 18. The suspension comes after the country recently reached an agreement with the International Monetary Fund (IMF) for a US$1.4 billion loan.

The Central American country currently holds more than 6,000 bitcoins worth around US$586 million at current market prices. President Naïve Bouchere previously introduced a strategy of buying one #bitcoin every day, which was launched in November 2022.
In March 2024, President Bouchere placed all of the country's bitcoins, about 5,600 bitcoins worth more than 400 million U. S. dollars, into "El Salvador's First Bitcoin Wallet.
and transferred them to a cold wallet called "El Salvador's First Bitcoin Wallet.
This means that the address of the country's bitcoin wallet has been made public for the first time, a departure from the previous practice of announcing purchases only through social media.
The 40-month agreement with the IMF under the Extended Funding Program is the result of four years of negotiations.
The agreement is expected to attract additional financial support, which could amount to more than 3.5 billion US dollars over the period of the program. The country's parliament approved amendments to the Bitcoin Law to bring it in line with these requirements at the end of January 2025.
El Salvador departed from its usual "one bitcoin per day" policy to In December last year, shortly after the IMF deal was finalized, El Salvador added US$1 million worth of bitcoins to its strategic reserve in a single purchase.
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According to technical analysis, bitcoin is oscillating between an upper resistance zone at $108,000 and a lower support zone at $93,000.

Specifically, crypto analyst MMBTtrader noted that this support zone has been tested several times, six times to be exact, since the #bitcoin price started trading in this range. These multiple retests are expected to weaken this support zone, and buyers may soon abandon it.
the last test took place on February 18, when bitcoin bounced to $93,900, just above the critical $93,000 level. However, bitcoin has yet to make a decisive recovery from that zone, and a full breakout remains likely. In particular, analysts note that as buying momentum has waned, the likelihood of a break below the $93,000 support level has increased.
a quick break below $93,000 could continue downward and give way to the next key support level around $72,000. but there is a minor support level at $78,900 that could prevent such a sharp decline. Interestingly, this bearish scenario is consistent with an earlier analysis that noted the lack of strong support in the $12,000 range between $87,000 and $BTC Bitcoin at a crossroads: breakout or new highs? MMBTtrader's technical analysis sheds light on the current bitcoin market structure. Recent developments show signs of a bearish bias, but bitcoin has not yet fully shifted into bearish mode. On the contrary, the current price action only indicates a period of indecision, where both bullish and bearish scenarios are possible A retest of the $93,000 support level could lead to a strong
analysts also point to a scenario where bitcoin gains momentum and pushes back from the $93,000 support level. A retest of the $93,000 support level could lead to a strong breakout, while a new wave of buying could trigger a rally above $100,000. If the 000 support level holds, bitcoin could gain momentum and return to all-time highs. In such a scenario, analysts see a rise to the historical high target zone around $ 113,220.
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Zhou assured users that they will be able to withdraw their funds without restrictions or delays, and apologized to 200,900 X subscribers for the unexpected incident.

He said a full incident report and security assessment will be released in the next few days. The real work is just beginning, he said.
After Zhou warned Bybit customers during a live broadcast on Feb. 21, withdrawals could take several hours due to severe congestion following a $1.5 billion hack that saw Ethereum-related tokens withdrawn from the exchange. LINE According to Zhou, at the time of the live broadcast, the exchange had about 4,000 transactions waiting to be withdrawn.
Several crypto industry commentators have already praised Zhou and the exchange for handling the unpleasant situation.
EasyDNS CEO Mark Jeftovich said Zhou "handled the situation well"; The Moon Show host Carl Moon said: "I respect the way it was handled";
0xJeff, in a post x dated Feb. 21, called it a "crisis management and communication master class.
#Cryptocurrency exchanges Bitget and Crypto. com have already announced their support for Bitget.
about 105 million U. S. dollars will be spent to help the exchange.
Bitget CEO Gracie Cheng said that the exchange was working with hackers. wallets to the blacklist and stated that "transactions coming to the exchange from illegal addresses will be blocked as soon as they can be carried out.
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Bloomberg reported this morning that President Donald Trump is preparing to sign a memorandum directing the U.S. Trade Representative to develop measures to combat foreign taxes on digital services, targeting U.S.

tech companies including Alphabet and Meta Platforms. The initiative is based on the fact that the US discriminates against digital services taxes imposed by some 30 countries, including France, the UK and Canada.
The memorandum does not specify exact tariffs or timelines, but it is likely to affect US companies operating overseas, including in the #cryptocurrency sector. It suggests possible retaliatory measures that could affect U. S. companies.
These actions follow previous U. S. investigations into the digital services tax, including the 2019 USTR investigation, which found that the digital services tax disproportionately impacts U. S. companies.
The Trump administration previously launched investigations into digital services tax policies in countries such as France, Italy, and Spain, alleging that their policies hurt U. S. companies.
Canada introduced a digital services tax in July 2024, and other countries are expected to do the same. The U. S. response could trigger broader global trade and tax disputes as other countries maintain or develop similar measures.
These disputes could affect #blockchain companies and cryptocurrency exchanges operating internationally.
Emerging digital services tax rules Emerging services tax rules could increase scrutiny and tax liabilities for cryptocurrency companies.
Companies operating overseas may face new challenges.
These additional costs may prevent market expansion or force exchanges to pass costs onto users, which could reduce trading activity.
Previous trading policies have already impacted the cryptocurrency sector. February 1, President Donald Trump's announcement to impose tariffs on imports from Mexico, Canada and Europe triggered a wave of liquidations in the cryptocurrency market.
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What do you get when you combine EZBC and EZET? If Franklin Templeton's crypto-index ETF launch is to be believed, you get EZPZ.

EZPZ, which stands for the ticker name of Franklin Templeton's newest cryptocurrency product, listed on the Cboe BZX exchange on Thursday, offers investors both #bitcoin and #Ethereum .
The tool tracks the price movements of the two major cryptocurrencies based on the CF Benchmark Institutional Digital Asset Index, which debuted last year and is considered relevant to major financial jurisdictions prevalent in the capital markets.
The tool is based on the CF Benchmark Institutional Digital Asset Index, which is considered relevant to major financial jurisdictions prevalent in the capital markets.
Mubadala Investment Company, a sovereign wealth fund that manages investments for the Abu Dhabi government, announced Friday that it began accumulating bitcoin last year through a leading #ETF . According to a quarterly report on its U. S. holdings filed with the Securities and Exchange Commission, Mubadala bought $436 million worth of shares of BlackRock's Spot ETF bitcoin fund in the fourth quarter of last year. The Nasdaq-listed iShares Bi...
This means the index weights the top coins by market capitalization, rather than focusing on just one cryptocurrency. As a result, 82% of dollars invested in EZPZ are influenced by the price of bitcoin, while 18% are influenced by the performance of Ethereum.
The launch of EZPZ follows Franklin Templeton's introduction of point ETFs on bitcoin and Ethereum last year. This is the first of its kind. The financial giant first launched FOBXX, a money market fund tokenized with polygons and steles in 2021, Roger Bayston, head of digital assets
Franklin Templeton, said in a press release. The fund has an expense ratio of 0.19% and is a low-cost way for investors to join an emerging asset class.
Blockchain is becoming an important tool for the information and data economy of today and tomorrow.

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#Manta Network, a multi-modular ecosystem for zero-knowledge (ZK) applications, is making waves in the world of decentralized applications. Founded by a team with roots in prestigious institutions like Harvard, MIT, and Algorand, Manta Network aims to revolutionize the web3 landscape through its innovative solutions. This article delves into the key components of Manta Network, focusing on its two networks – Manta Pacific and Manta Atlantic.Manta Atlantic (Layer1):Manta Atlantic stands out as the fastest and most decentralized ZK Layer1, supporting modular on-chain compliance identities. Its core products and technologies, including zkNFTs, staking, and ecosystem projects, provide user-friendly access to powerful ZK-enabled use cases. Manta Atlantic distinguishes itself by focusing on the ZK compliance credential layer, offering real adoption and interoperability without the need for developers to engage in complex cryptography work.The zkAddress system, developed over two years, is a highlight of Manta Atlantic. Featuring a public account-based address system and a UTXO-based private address system, zkAddress shields information, including SBT minting, on-chain credentials, and off-chain identities. Notably, zkAddress is the first reusable, independent, and auditable private address system supporting multiple NFTs.Manta Pacific (Layer 2):Manta Pacific addresses the need for a home for #EVM-native ZK applications. It distinguishes itself by providing a scalable and cost-effective gas-fee environment for ZK applications through Manta Pacific’s unique L2 ecosystem on Ethereum. In contrast to existing solutions, Manta Pacific offers a developer-friendly environment for deploying and growing ZK applications, eliminating the challenges of high gas costs and slow performance.Key Features of Manta Pacific:Programmable ZK as an EVM-native L2.Universal Circuits for easy ZK application development using Solidity.Utilizing Celestia for data availability and zkEVM for scalability, ensuring high scalability and low transaction fees for ZK applications.How Manta Pacific Works:Manta Pacific leverages Celestia and zkEVM to build a modular, scalable ZK development environment. Celestia’s data-availability layer, featuring 2D Reed-Solomon erasure coding and Namespaced Merkle Trees, significantly reduces transaction costs for end-users. Universal Circuits 2.0 enhances the developer experience by offering ZK-as-a-Service, allowing Solidity developers to easily integrate ZK features into their contracts and dApps.Non-Invasive Compliance and Growing Ecosystem:Manta Pacific introduces #zkSBTs , enabling trustless, decentralized verification without exposing sensitive details. The ecosystem grants program encourages the development of diverse applications in areas like DeFi, gaming, and social, ensuring a rich and valuable user experience.Conclusion:Manta Network, through its Manta Pacific and Manta Atlantic networks, positions itself at the forefront of the next generation of web3 application development. With a strong emphasis on zero-knowledge cryptography, user-friendly interfaces, and a commitment to addressing real-world challenges, Manta Network is poised to shape the future of decentralized applications. As the ecosystem continues to grow, Manta Network welcomes developers to join this exciting adventure and explore the possibilities within its innovative framework.#Binance #crypto2024