The best story of this week
Binance claims to dismiss the lawsuit, claiming a special relationship with Hamas.
The federal judge did not make a decision on the victims of the 2023 Hamas attack on Israel to dismiss the lawsuit against Cryptocurrency Exchange Binance and the former CEO CEO.
At the US District Court in the southern New York area, the lawyers representing the Binance suggested oral claims in connection with the consent of the company to dismiss the family dissatisfaction in January 2024. The legal team argued that encryption was “not inherently dangerous,” and opposed the claim that Binance promoted a deal that benefited Hamas.
The exchange lawyer said, “There was no special relationship between Hamas and Baynis.
Kraken restores our staying service after two years of confusion.
Crypto Exchange Kraken resumed the stage King service for US customers for the first time in almost two years. Since 2023, the steak capacity of customers who reached an agreement with the US Securities and Exchange Commission on the service for the service has been suspended.
37 US customers can now access staying services for 17 digital assets, including ADA of Ether, SOL and Cardano.
Kraken was one of the first encryption exchanges that provided a staying service to customers provided in 2019, which agreed to stop the service as part of the $ 30 million settlement with SEC in February 2023.
SBF’s parents find a pardon from President Trump: Report
The parents of the former FTX CEO Sam “SBF” Bank Tempura are seeking the possibility of presidential pardon for a son who was sentenced to imprisonment in March 25.
According to the Bloomberg Report on January 30, the parents of Bankman-Fried, who cited an anonymous source, have already decided whether they can accidents by meeting a lawyer and other numbers close to the Trump administration.
Bankman-Fried’s House of Cards, considered Crypto’s golden child, collapsed when the FTX could not withdraw its customer in late 2022. The exchange collapsed in a few days and unveiled a project based on fraud, embezzlement and misuse of customer funds.
ELON Musk’s dad is planning to raise $ 200m with Musk it’memecoin
Elon Musk’s father may be a person who has the next impact of raising funds through memes as interest in memes tokens supported by celebrities.
After Donald Trump started his official Trump Memo on January 18, the retail investor’s attention returned to the memo after starting the official Melania Mim Token on the Solar or Network on January 19.
Errol Musk, ELON Musk’s father, is trying to start his Memecoin token project called Musk it.
Musk’s father hopes to raise $ 200 million from Memecoin Project and plans to use it to support a profitable think tank called Musk Institute, Fortune said.
Microstrategy announces the price of a strike preferred stock
Microstrategy announced the price of a permanent strike priority stock at a public listing price of $ 80 per share, and will issue corporate securities on February 5.
The company generated $ 533.4 million in a trench of eternal strike priority stocks, with 8% coupons and liquidation value of $ 100.
According to the announcement, the proceeds from the sales are carried out to acquire more Bitcoin and cover the operating costs.
Microstrategy continues to expect the “21/21” plan to issue $ 20 billion in shares and issue $ 20 billion in fixed income securities, and became the most famous BTC company.
Winners and losers
Bitcoin after the state is over (BTC)) Etter is $ 102,408 (ETH)) $ 3,311 XRP $ 3.05. According to CoinmarketCap, the total market cap is $ 3.52 trillion.
Among the 100 largest Cryptocurrencies, the top three Altcoin Gainers are Onyxcoin this week. (XCN) 63.67%, Mantra (for) 49.60%and Jupiter (JUP) 24.35%
The top three Altcoin losers of this week are Pudgy Penguins. (promise) 36.44%, Fartcoin (Fartcoin) 27.96%and official Melania Meme (Melani ah) For more information on 21.31% encryption price, read Cointelegraph’s market analysis.
The most memorable quote
“Nothing is the beat of the Burger FOMC press conference. It’s not a pigeon, it’s not attractive. I’m walking very diplomats, and I think PoWELL is looking forward to more vocal music about Fed Independence. ”
Huf houseFounder of Pear Protocol and former Tradfi Trader
“We think that we are too passed by what it feels like an illegal war with encryption.”
Brad Galling HouseRipple Labs CEO
“’Musk it’ will hit the height of the Trump family memo. Elon’s personal stamp feels like people are excited about this project. ”
Andy LianBlockchain expert between authors and governments
“This can mean that Bitcoin still has room for up there, but traders must monitor the young coin vs. long -term retention rate for the potential warning signal at the top.”
Encryption
“This is a perfect example of contrasting behavior between whales and retailers, and it is considered a better choice to follow whales than retail investors.”
Dark PostPseudonym
“The price of Bitcoin is less independent of the market basis, especially in the risk -making change.”
Bitfinex analyst
This week’s prediction
The 50% rally of XRP is better than the encryption market in January. The next stop is $ 4?
The XRP token surpassed the wider 50% rally throughout January, surpassing the larger cryptocurrency market. The technical chart pattern is now aiming for long -term brake out of $ 4 in the future.
XRP rose more than 50% last month, surpassing 13% rally in Bitcoin and 4% decreased by 4%.
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The XRP token was separated from the rest of the market due to the positive regulation development of Ripple Labs, and was approved for RLUSD Stablecoin on December 10 at the New York Financial Services State.
According to Santimate, another reason for the increase in price of XRP is due to the increase in the adoption of financial institutions. Crypto Intelligence FIRM was written on January 29.
“XRP has recently been recognized by more major financial institutions, and integration with various payment systems has strengthened investor trust.”
According to the new technology pattern shared by the popular encryption analyst Dark Defender, the price of XRP can be set to more than $ 4 at the end of February.
“XRP is confirming 4 hours of brake out and a day frame. The short-term goal is $ 4 of Sub-Wave 5 and the support is $ 3.07, ”said Dark Defender.
Fud
Tethers were disappointed by the ‘hurry behavior’ of the Unmoe -centered USDT listed in Europe.
Stablecoin operator Tether dealt with European cryptocurrency regulations during the same exchange as crypto.com.
Tether expressed its disappointment in Europe’s market development. The European Union market has been caused by the implementation of the Crypto Set (MICA) framework.
Crypto.com, a Global Crypto Exchange, confirmed on January 29 that TETHER’s USDT Stablecoin and nine other tokens will begin listing to comply with the micro regulations.
Tether’s spokesman told Cointelegraph, “It is disappointing to see the rushing behavior raised by little statement to clarify the basis of such movements.”
China convicts BKEX employees for illegal gambling through encryption contracts
The Chinese court said Cryptocurrency Exchange BKEX was in illegal gambling through a contract trading platform and sentenced several employees and representatives to prison.
On January 29, the Ping Ping People’s Court of Hunan Province decided that BKEX’s contract transactions functioned as an online gambling form, and related people decided that they were accomplices of crimes of “opening casinos.”
According to the ruling, BKEX has allowed users to fix the bet to US dollars using USDT and allow high leverage (up to 1,000 times) to bet on the price fluctuations of Bitcoin, ether and other cryptocurrencies. .
If the university does not drop the former SEC chair Gensler, Gemini does not hire MIT graduates.
Crypto Exchange Gemini will not hire graduates from the Massachusetts Institute of Technology unless the university drops the former US Securities and Exchange Committee Chairman Gary Gensler from his role.
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Gemini co -founder and Tyler Winklevoss CEO said in a January 30 post on X, “As long as MIT is associated with Gary Gensler, Gemini will not hire graduates in this school. Hire an intern for a summer internship program.
Gemini sparred to the SEC after accusing the institution for selling unregistered securities through Gemini Earn Program in January 2023 with Genesis. Genesis solved the claim by paying $ 21 million in March 2024.
The best magazine story this week
450%of Korean exchange users, MetAplanet purchase 21K Bitcoin: Asia Express
Metaplanet aims to buy 21,000 Bitcoin, DeepSeek Spooks Bitcoin by 2026.
9 curious about Deepseek R1: AI EYE
DeepSeek’s real story or at least interesting things we learned about it online.
PECTRA HARD WORK explained. Is Ether Lee start again?
Are you confused by all technical terms used by Devs to explain Ethereum’s PECTRA HARD for? We translated the upgrade into English for ordinary people.
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Contributed to the COINTELELEGRAPH MAGAZINE writer and reporter Guy.
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