🦎🚀 It's a good day to hold Bitcoin! 📈

Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox! A very good morning, Geckos!     $60K is in sight, but will we reach it before the week ends?   In today's news:   It's Bitcoin's turn 💰 The classic con 💸   Read on! 24h Hot Searches Worldwide 🔥 Pyth Network   (+35.8%) Humans.ai         (-0.2%) PaLM AI             (-10.7%) OpSec                 (+0.7%) GT-Protocol       (+0.7%) Pepe                  (+57.4%) DexCheck           (-6.0%) From Privacy Coins to Privacy Blockchains   Privacy coins have lost 44.3% market share to privacy blockchains since 2021.   The top 3 privacy blockchains are Mina Protocol (23.2%), Oasis Network (13.6%), and Aleph Zero (6.1%), which have all overtaken Zcash and Dash in terms of market capitalization. Read more

It's Bitcoin's turn 💰   After a week of staying just under the $52K range, Bitcoin regained its momentum with a 10% jump from $51,230 to $56,375 at the time of writing.   The recent price action came off the heels of MicroStrategy acquiring an additional 3,000 BTC for $155.4M and a record $2.4B in daily trading volume for the nine new US spot Bitcoin ETFs.   However, Bitcoin purists aren't the only ones celebrating, as the Bitcoin NFT community also saw some major wins over the past week.    The floor prices of popular Ordinals PFP collections such as BitcoinPuppets and NodeMonkes rose by 134% and 107%, respectively.   Besides that, there will also be an upcoming airdrop of Runestones, another Ordinals project, to over 112K eligible wallets.   Despite their name, Runestones claims to be a pre-Runes project, where the inscriptions will be converted into Rune tokens once Casey Rodarmor, the original creator of Ordinals, launches the Runes protocol.   Although the inscriptions have not been distributed, users can already trade Runestones for around $575 on Whales Market.   Editor's Take: Although the Bitcoin ecosystem has grown by leaps and bounds since last year, it may be wise to watch for the latest developments. With all eyes on Bitcoin once more, Bitcoin Layer-2s and other forms of Bitcoin-related infrastructure are also steadily gaining the crypto community's attention.   Airdrops seem to be undergoing a resurgence along with the markets. Check out the top airdrops to watch for in 2024! Watch now! The classic con 💸    The name says it all.   Hong Kong-based crypto exchange BitForex has suddenly closed shop, leaving their customers scratching their heads and being unable to withdraw their funds.   However, crypto sleuth ZachXBT highlighted that the exchange's hot wallets recorded outflows of over $56M right before closing, with most of the funds consisting of TRB.   In fact, over 18% of the TRB supply was transferred out to an unknown wallet.   As expected, users were quick to voice out their concerns across Bitforex's various social channels, with reports ranging from inaccessible accounts to account balances showing nothing but zero.   However, these complaints might be futile as the exchange has also allegedly deleted messages meant to address the firm's abrupt closure.   While Bitforex has responded that they were conducting an 'unscheduled maintenance', it's pretty hard to believe, considering the exchange's community manager has gone silent and changed their profile picture since the incident.    Manta Pacific is the third-largest Layer 2 after Arbitrum and Optimism. Learn about Manta Network and how it is building a multi-modular system for ZK applications. Learn more In Other News...   Battle for Royalties: Round 2. Yuga Labs announced it will no longer support marketplaces that don't honor creators' royalties.   Lido TVL surpasses $30B. The protocol now controls 32% of staked ether on the network.   Blast TVL crosses $2B as it targets mainnet launch on February 29. The vast majority of TVL comes from hopeful airdrop hunters, who have locked their Ethereum in the protocol to farm the airdrop of the Blast token, which is slated to be launched in May.   Backing off. HTX withdraws from Hong Kong crypto exchange application.   Following the unicorn. Decentralized stablecoin protocol FraX Finance is considering turning back on its rewards for token stakers, following Uniswap's proposal to reward UNI holders with rewards.   Xai set to launch staking rewards this week. More details regarding $XAI staking can be found here. 🦎Tell us what you think!   We've just revamped our newsletter with a new and fresh format!   Whether you're a long-time subscriber or just passing by, do let us know if you like the changes and what we can improve on! LET US KNOW!

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