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Kamis, 20 Februari 2025

Bitcoin stuck as gold soars; Musk wants more πŸ’° for X

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Your Daily Digest of the πŸ”₯Hottest News in Crypto

Today's top stories:

πŸ‘‰ BTC stalls as gold hits new highs

πŸ¦‡ MegaETH: savior or decentralized nightmare?

πŸ’° Musk's X seeks new funding—at same $44B valuation

πŸ“° 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. 

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Decentralized GPU networks promise scalable and affordable AI: AMA with Nosana

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.

The Agenda Podcast: Decoding Crypto · Episode

MEV attacks are draining users — but encryption can stop it (feat. Shutter Network)

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

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