Monday began with the fallout from retail investors’ takedown of shorters on traditional markets. As regulators caught on and trading platforms shut down access to certain stocks, Bitcoin proponents swiftly stepped in to highlight the comparative freedom inherent in Bitcoin markets.
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Markets Report: BTC rally stalls as Elon Musk removes Bitcoin from Twitter bio
A fresh publicity campaign for Dogecoin by Musk sees wild upside take hold as Bitcoiners pin hopes on MicroStrategy’s evangelism
Bitcoin saw mixed progress on February 4 as a push towards $40,000 combined with yet more controversy over Elon Musk. In the event, growth stalled as the world’s richest man returned to Twitter to boost the fortunes of Dogecoin—and remove “#Bitcoin” from his biography.
- Bitcoin plods ahead but Ether stole the show, easily dispatching its all-time high (Photo: CoinMarketCap)
Markets Report: Bitcoin bull run hinges on $35K as Ether hits new all-time high
A slow upwards move for BTC/USD contrasts with an easy ride to record highs for Ether on Wednesday
Bitcoin showed signs of life on February 3 as largest altcoin Ether made good on its bull run and beat all-time highs. While modest compared to previous volatility, Bitcoin’s uptick buoyed sentiment among traders who had waited patiently for the market to decide short-term direction.
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ConsenSys, Securosys launch secure ETH 2.0 staking system
The firms have developed a hardware-based system for creating Ethereum 2.0 withdrawal keys securing long-term ether stakes
By combining Switzerland-based Securosys’s Hardware Security Modules with ConsenSys Codefi’s staking technology, the companies said they can generate Ethereum 2.0 withdrawal keys that can safely be stored and managed to protect staked ether during the transition from the Ethereum to Eth 2.0 blockchain.