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1Bitget Daily Digest (February 6) | PENGU completes massive burning, Raydium buyback hits all-time high 2US Bank reports $24 million holdings in Bitcoin ETFs in latest SEC filing3BlackRock Set to Launch Bitcoin ETP in Europe Amid Rising Institutional Demand

Why markets shrugged at Trump’s first crypto moves | Opinion
CryptoNewsNet·2025/02/07 17:11

Helium ($HNT) Eyes Rebound with Key Support and Buy Signal
CryptoNewsNet·2025/02/07 17:11

Dogecoin (DOGE) Trading Volume Skyrockets to $2 Billion as Price Roars Back
CryptoNewsNet·2025/02/07 17:11

Famous Millionaire Raoul Pal Reveals Three Scenarios He Expects in Bitcoin Until the End of 2025!
CryptoNewsNet·2025/02/07 17:11

Sector rotation ‘tailwind’ for L2s: Kaiko
CryptoNewsNet·2025/02/07 17:11

Crypto Whales Bought These Altcoins in the First Week of February 2025
CryptoNewsNet·2025/02/07 17:11

Bitcoin 'Won't Look Back' After Revisiting, Top Analyst Predicts
U.Today·2025/02/07 17:01


Dogecoin (DOGE) Price Struggles to Gain Momentum As Trading Volume Falls 36%
Cointime·2025/02/07 16:18

Hedera (HBAR) Bulls Weaken, Price Teeters Near $0.20 Danger Zone
Cointime·2025/02/07 16:18
Flash
- 17:37Messari: Hyperliquid Volume Up More Than 4X Since Last OctoberAccording to Messari, Hyperliquid's monthly volume has grown more than 4x since October 2024, demonstrating the platform's rapid rise in the decentralised trading market. Hyperliquid has cultivated a high-value, consistently active trading user base, making it the only Layer 1 alternative on the market with a clear core user base. Its growth drivers include the introduction of new assets such as BTC in the spot market to expand the trading ecosystem and compete with CEX; HyperEVM's support for more third-party DeFi applications to increase the diversity of the on-chain ecosystem; and the structural accumulation of value through the reinvestment of transaction revenue in the HYPE token by the Assistance Fund (AF), a mechanism rarely found in most DeFi protocols. This mechanism is rare in most DeFi protocols. As the platform further optimises its on-chain order book and attracts more users, its influence in the decentralised trading market is expected to continue to grow.
- 17:36Analyst: Current Bitcoin Price Dependent on Strategy for Support, VC Funding Not Yet MassiveEmpire analyst Jason Yanowitz noted that if we exclude Strategy's (formerly MicroStrategy's) bitcoin purchases, the current cycle may still be in its early stages, with the current bitcoin price relying solely on the more than $20 billion that Strategy has poured into the market since the end of last year. The market is still in a ‘pure player takeover’ (PvP) phase, and venture capital has yet to come in on a large scale. Dan Matuszewski of CMS Holdings agrees, pointing out that the effects of the 2022 bear market are still being felt, and that there is a fundamental lack of liquidity in the market, which is preventing substantial inflows, which have yet to come in on a large scale, with the exception of a ‘select few’. The debate about whether or not the top has been reached will intensify. But regardless of the position in the cycle, we need to recognise that the new regulator is just getting started and its policies could be a catalyst for the future.
- 17:35Forecasts on Polymarket predict probability of approval of spot Solana ETF by 31 July this year falls to 35 per centThe probability of the US SEC approving a spot Solana ETF application by 31 July 2025 has fallen to 35% on Polymarket. The figure is down 41% from the high probability figure of 76% on 8 December last year.