Author: WebDesk

Software designer MicroStrategy ended its 12-week Bitcoin buying streak, holding onto its current $44 billion stash until further notice. MicroStrategy did not execute a Bitcoin (BTC) buy for the first time in three months, according to Form 8-K disclosure documents filed with the U.S. Securities and Exchange Commission. After 12 consecutive weekly Bitcoin purchases, the firm did not sell any class A common shares from its at-the-market program. With no share sales between January 27 and February 2, the company had an outstanding $4.35 billion worth of equity offerings available to finance potential future Bitcoin acquisitions. Last week, MicroStrategy did…

Popular web3 digital horse racing platform ZED RUN will officially close on February 28.After several years of offering players the opportunity to race, breed, and trade digital horses using NFTs, the platform will hold its final event, the Sunset Stakes, to mark the end of its operations.This event, taking place from February 24 to February 26, 2025, will offer a $100,000 ZED token prize pool in an Open Class 1 tournament, giving players one last chance to compete before the platform transitions to its successor, ZED Champions. Source: ZED ChampionsWhat is Sunset Stakes?The Sunset Stakes will be the last major…

VeChain (VET) has faced a massive price dip today. The asset is down 20% in the daily charts, 21.3% in the weekly charts, 31.1% in the 14-day charts, and 33.2% over the previous month. Despite the correction, VET has rallied 18% over the last year.Source: CoinGeckoAlso Read: Trump’s 25% Tariffs Trigger Oil Price Spike—But a 40% Crash Could FollowWhy Is The Cryptocurrency Down?Source: Watcher GuruVET’s latest correction comes after Bitcoin (BTC) fell to the $95,000 level. The global crypto market cap has also dipped 9.1% in the last 24 hours to $3.24 trillion.VeChain (VET) follows the market downtrend. The cryptocurrency…

Cryptocurrency investments have gained renewed interest as DeepSeek AI, China’s emerging artificial intelligence model, identifies two promising altcoins. Through advanced blockchain technology analysis, DeepSeek AI selected these secure cryptocurrency investments based on their fundamental strengths, market positioning, and long-term growth potential.Also Read: Cramer’s Bold Palantir (PLTR) Call: 362% Surge Prognosis Ahead of Today’s Earnings!Make Secure Cryptocurrency Investments With DeepSeek AI’s PicksSource: Watcher Guru1. Chainlink (LINK): Powering the DeFi RevolutionSource: DeepSeek AIAmong several potential options, Chainlink stands as DeepSeek’s primary recommendation for cryptocurrency investments. With some remarkable developments in decentralized oracles, multiple experts view its growth potential positively. Various partnerships and…

The cryptocurrency market has faced a significant correction. Bitcoin (BTC) has fallen to the $94,000 level. The global market cap has dipped 11.1% in the last 24 hours to $3.19 trillion. Shiba Inu (SHIB) follows the market trajectory, facing a massive price drop in the last few days.Also Read: 1,000+ USAID Staff Fired After Refusing Musk’s D.O.G.E. Team Secure AccessCrypto In The Red ZoneSource: ReutersSHIB’s price is down 19.3% in the daily charts, 21.1% in the weekly charts, 33.7% in the 14-day charts, and 42.4% over the previous month. Despite the dip, the dog-themed crypto is up 56.4% since January…

With Ethereum hitting one of its largest ever liquidations after the COVID dump in 2020, the market is turning extremely bearish on the biggest altcoin in the market. In the past 24 hours, the liquidations have reached $2.3 billion, with Ethereum facing a loss of $615 million. The massive liquidations led to a sudden crash in Ethereum prices from $3,000 to nearly $2,100. However, the short-term recovery has bounced the ETH price back above $2,500, while the market cap remains at $311 billion. While the opportunity seems perfect to buy the dip, the technical signals flashing a sell sign offer…

Join Our Telegram channel to stay up to date on breaking news coverage The XRP price plummeted 19% in the last 24 hours to trade at $2.21 as of 11:18 p.m. EST on trading volume that surged 352% to $25.5 billion. This comes as reports arose that Ripple Labs has moved 700 million XRP tokens into escrow, which means that the tokens are temporarily locked and cannot be used for trading.  The move is a strategic shield against potential declines in XRP’s value, as the overall cryptocurrency market spirals downward. 700M+ $XRP locked. 500M+ $XRP unlocked. @Ripple isn’t playing around.…

Midnight Society, the studio behind the game Deadrop, has confirmed its closure after facing financial difficulties and internal turmoil.The announcement came just days after employees were given a two-day notice that the company was shutting down. This closure follows the high-profile departure of co-founder Dr. Disrespect (Guy Beahm) in mid-2024 after allegations of inappropriate conduct.Although the studio had initially expressed confidence about continuing development and releasing Deadrop in 2025, the lack of funding and staff cuts ultimately led to its closure. Source: Midnight SocietyWhy is Midnight Society closing down?Midnight Society’s closure is largely attributed to a lack of funding. The…

The crypto market recently witnessed one of its most historic crashes, all sparked by a surprising move from former U.S. President Donald Trump. His announcement of 25% tariffs on imports from Canada, Mexico, and China sent shockwaves throughout global markets, resulting in a staggering $2.23 billion worth of liquidations. The Big Crash: What Happened? In the aftermath of Trump’s tariffs, Bitcoin’s price dropped to $91,000, its lowest in weeks. Ethereum also took a hit, falling 20% to around $2,300. Altcoins were not spared either. Many of them lost anywhere from 15% to 30% of their value, adding to the overall…

The meme coin market was introduced with two new meme coins recently that have been constantly making headlines. A couple of days before Donald Trump was sworn in as the President, the Trump Organization rolled out the TRUMP coin. While several early investors snagged major profits from the asset, the President himself made quite some money. Latest reports reveal that the team behind the project has been sitting on significant profits.Also Read: 1,000+ USAID Staff Fired After Refusing Musk’s D.O.G.E. Team Secure AccessTRUMP Coin’s GrowthSource: BitcoinistIt looks like TRUMP’s cryptocurrency wasn’t exempted from the latest crash in the market. The…