| Your Daily Digest of the π₯Hottest News in Crypto | | | Today's top stories: π BTC stalls as gold hits new highs π¦ MegaETH: savior or decentralized nightmare? π° Musk's X seeks new funding—at same $44B valuation π° Keep reading to find out about all of today's top news & stories | | | |
Bitcoin Stalls as Gold Hits New All-Time High While gold rockets past new highs, Bitcoin can't shake its price stagnation. After briefly touching $96,677 on Feb. 19, BTC got smacked back down, stuck in a brutal range. Can Bitcoin break out, or is gold the new king of store-of-value assets?
| | | MegaETH: Ethereum's Savior or a Decentralization Nightmare? MegaETH is making waves as the Ethereum L2 that trades decentralization for Web2-level speed. The pitch? Faster than any rollup or even Solana, backed by Ethereum co-founders and crypto heavyweights. The catch? It might come at a serious cost to Ethereum's core values. | | | | | | | | | Musk's X Seeks New Funding—At That Same $44B Valuation Elon Musk's X (formerly Twitter) is reportedly in talks to raise capital at the same $44B price tag he paid in 2022. If it goes through, early investors—including Sequoia and Qatar's sovereign wealth fund—could finally break even. | | | | | | | | | | [AD] Decentralization is opening new doors for AI development by making computing power more accessible.
| | | | | $6K ETH? One Analyst Thinks It's Still Possible Ethereum sentiment is turning bullish as Solana stumbles. With the LIBRA memecoin mess and declining Solana activity, ETH could be primed for a run. But for ETH to hit $6K, two key things need to happen first. | | | | | | | | Sanctioned Countries Drove 39% of Illicit Crypto in 2024 | | | | INVESTIGATION A new Chainalysis report shows that Iran, Russia, and other US-sanctioned nations moved $15.8B in crypto last year, using mixers and centralized exchanges to skirt restrictions. Capital flight or economic necessity? The data tells a story regulators won't ignore. | | | | | | | —Written by Monica Hutchison | | | | 3.5 million people follow us on social media. You should too. | | | | | | | Cointelegraph | 21 W 46th St, New York, NY 10036-4119 USA | | You received this email because you signed up on our website. | | Download our official app: | | | | | | | | | | | |