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news-imageFebruary 4, 2025

Bitcoin Rally Stalls Around $99,000, Ethereum, XRP Struggle As China Imposes Retaliatory Tariffs

Bitcoin (CRYPTO: BTC) is trading around $99,200 on Tuesday, following China's announcement of retaliatory tariffs on certain U.S. goods. What Happened: On Tuesday, China announced new tariffs on certain U.S. imports, marking a retaliatory response to recent U.S. trade measures.
Publisher: Benzinga
Sentiment: Negative
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cover-imageThe Currency Analytics
February 4, 2025

Ethereum's Pectra Upgrade to Boost Layer 2, ETH Price Rises 10%

Ethereum, one of the most widely used blockchain networks, is preparing for a significant upgrade known as Pectra. The highly anticipated update, which is scheduled for release in March 2025, aims to greatly enhance Ethereum's scalability and efficiency, promising to reduce transaction costs and improve overall network performance.

Negative
cover-imageCoindesk
February 4, 2025

China Tariffs Keep Bitcoin in Check

Tariffs on. Tariffs off. Bitcoin whipsaws as China imposes tariffs against the U.S. and U.S. President Donald Trump delays tariffs against Canada and Mexico. Plus, Trump signs an executive order for a sovereign wealth fund and his Commerce Secretary nominee Howard Lutnick tones down his remarks on Tether's stability. CoinDesk's Christine Lee reports “CoinDesk Daily.”

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cover-imageNewsBTC
February 4, 2025

After The Bitcoin Crash: Will It Rise Or Drop Again? 5 Key Indicators

In the aftermath of yesterday's Bitcoin crash, market participants are closely examining whether the leading cryptocurrency by market capitalization can rebound or if it faces the prospect of another decline. In a post shared on X today, February 4, on-chain analysis data provider Lookonchain offered insights into five critical indicators that may help traders and investors assess Bitcoin's current position.

Positive
cover-imageCoinPedia
February 4, 2025

Ethereum Boosts Gas Limit for the First Time Since PoS Transition

Ethereum has increased its gas limit beyond 30 million for the first time since transitioning to proof-of-stake. This move, backed by over 50% of validators, improves the network's transaction capacity without requiring a hard fork. The gas limit, which determines how many transactions can be processed per block, now sits at an average of 31.

Positive
cover-imageThe Currency Analytics
February 4, 2025

XRP Surges 20% After SEC Policy Shift on Crypto Investigations

The U.S. Securities and Exchange Commission (SEC) has recently implemented a significant change in its approach to crypto-related investigations. Under the new policy, SEC lawyers must now obtain approval from politically appointed leadership before they can initiate formal probes into cryptocurrency projects.

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