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COPA members tip their hand while on the Satoshi Trial (COPA v Wright) stand
Monday, February 26, 2024 4:26 AM

The third week of Crypto Open Patent Alliance v Wright saw individual COPA members put on the stand in front of Justice Mellor. “You tell us [in your witness statement] that Spiral has no profit goal. Which is why one of Craig Orr KC’s (the other barrister representing Dr. Wright) first questions for Back was:“You’re aware that Blockstream is 19th defendant in the Bitcoin Core claim by Dr Wright? None of these individuals were able to shed any light on whether Dr. Wright is Satoshi Nakamoto or not. Check out all of the CoinGeek’s special reports on the Satoshi Trial (COPA v Wright).

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XRP Price Analysis: Can Bulls Protect This Support?
Monday, February 26, 2024 3:42 AM

XRP price is attempting a fresh increase from the $0.525 support against the US dollar. It must stay above the $0.5250 support to start a fresh increase. XRP Price AnalysisThis past week, XRP price made another attempt to clear the $0.5750 resistance against the US Dollar. A low has formed near $0.5250 and the price is now attempting a fresh increase. Any more losses could lead the price toward the $0.5160 level, below which the price might even test the $0.500 support zone in the near term.

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Bitcoin Price Stuck In Range While ETH Surges, More Downsides Ahead?
Monday, February 26, 2024 3:24 AM

Bitcoin price is still struggling to clear the $52,000 resistance zone. Bitcoin Price Faces Resistance At $52KBitcoin price retested the $50,500 support zone and even spiked toward $50,400. The next key resistance could be $52,000, above which the price could rise toward the $52,500 resistance zone. If Bitcoin fails to rise above the $51,600 resistance zone, it could start another decline in the near term. In the stated case, the price could decline toward the $50,500 support zone, below which the price might even test $50,000.

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Bitcoin, Ethereum, Dogecoin Trade Mixed As Two-Week Rally Slows Down: Analyst Says Post-Halving Correction Could Take King Crypto To $40K
Monday, February 26, 2024 3:18 AM

Loading... Loading...Cryptocurrencies experienced mixed trading on Sunday evening after a two-week run, with the apex cryptocurrency Bitcoin taking a breather hovering near the $52,000 level. Their analysis indicates that following an extended consolidation period, the ETH/BTC ratio has surged, signaling a potential upswing for altcoins. "‘The Ratio which drives Altcoins Bull Market' ETH/BTC ratio is a gauge on the crypto market. Higher ratio – the more risk-on in crypto (altcoins). "The Ratio which drives Altcoins Bull Market"#ETHBTC ratio is a gauge on the #Crypto Market.

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Analyst Who Coined 'Magnificent 7' Label Declares End Of An Era: 'I Don't See These Seven Names Rising Together'
Monday, February 26, 2024 2:23 AM

The era of the Magnificent Seven in the stock market, a term coined for a group of mega-cap giants, might be coming to an end, according to an analyst who popularized the label. What Happened: The “Magnificent Seven” stocks, which include Apple Inc AAPL, Meta Platforms Inc META, NVIDIA Corporation NVDA, Tesla Inc TSLA, Amazon.com Inc AMZN, and Microsoft Corp MSFT, have seen their fortunes diverge this year, reported Business Insider. The Magnificent Seven, which contributed to 88% of the year-to-date gains in April, now accounts for 45% of the S&P 500’s gains, a significant drop. “This big rising tide of seven names lift[ing] all boats in the stock market, is what I see ending,” O’Rourke said. Meanwhile, Broadcom has emerged as a potential replacement for Tesla in the Magnificent Seven, with its shares rallying 10% as Tesla’s shares slumped 22% into 2024.

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Steganography and its applications in Bitcoin
Monday, February 26, 2024 2:18 AM

We introduce steganography and explore its potential use cases in the context of Bitcoin. Steganography is used in various fields for secure communication, copyright protection, and even in digital watermarking to track unauthorized file copying. Upon arrival, the recipient would shave the slave’s head once more to reveal and read the hidden message. For each color channel, extract the four most significant bits (MSBs) from both the carrier image and the hidden image. It can hide secret information such as private keys, mnemonics, or Bitcoin transactions in an image.

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OANDA Opens FCA-Registered Crypto Trading Platform in the UK
Monday, February 26, 2024 2:10 AM

OANDA Crypto is the summation of last year’s acquisition of a majority stake in FCA-registered crypto firm Coinpass, and will offer trading in over 63 cryptocurrency pairs, including Bitcoin, Ether, and Ripple.

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What Bitcoin’s prediction holds for you in the short-term
Monday, February 26, 2024 12:49 AM

Bitcoin’s [BTC] price has been comfortably sitting near or above the $51,000 mark for quite a few days. The latest data suggested that BTC might soon start another bull rally, which could help it reach new highs. While BTC’s price was inching towards $52k, Axel, a crypto analyst, posted a tweet highlighting a key BTC indicator. Historically, whenever the metric touches this level, BTC’s price begins to rally. Also, AMBCrypto’s analysis of Glassnode’s data revealed that BTC’s reserve risk was in the green zone at press time.

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Daily Open: Wall Street high on AI euphoria
Monday, February 26, 2024 12:38 AM

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Berkshire Hathaway earnings jumpBerkshire Hathaway operating earnings surged 28% in the fourth quarter, while its cash pile soared to record levels. For the full year, operating earnings rose to $37.35 billion, up 17% from $30.85 billion in the previous year. [Pro] China AI stocks surgeEven if China's broader market recovery remains muted, Chinese artificial intelligence stocks are rising.

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