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Breaking: Bitcoin Price Soars Despite US PPI Dampens Crypto Market Sentiment
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Bitcoin price surged today despite the latest US PPI data showing that the inflation has spiked in January, exceeding Wall Street expectations.
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Bitcoin Price Soars After US PPI Release
The latest US PPI Inflation data by the Labor Department has fueled concerns over a potential Bitcoin price crash ahead. However, it appears that the investors have shrugged off the inflationary concerns, as evidenced by the recent surge in BTC.
Meanwhile, the latest data showed that the US PPI advanced 3.5% on a year-over-year basi

Starknet-based zkLend seeks return of over $8 million in ETH stolen from platform
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Starknet-based lending protocol zkLend has publicly acknowledged it was hacked for over $9 million.
It asked the hacker to keep 10% of the stolen funds as a “white hat” reward while asking for the return of the remaining 90%, which amounts to 3,300 ETH ($8.4 million).
ZkLend suspended withdrawal functions following the exploit to mitigate further risks and the team is investigating the exploit’s root cause.
To resolve the situation by negotiating with the hacker, zkLend wrote a message to the attacker, stating

Plume Network and Brazil's Mercado Bitcoin to tokenize $40 million worth of RWAs
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Real world asset startup Plume Network has partnered with Latin American trading platform Mercado Bitcoin as part of a plan to tokenize $40 million worth of Brazilian "asset-backed securities, consumer credit, corporate debt, and accounts receivable," according to a statement released Wednesday.
"The initiative creates a direct bridge between global capital and emerging market investments, providing users direct access to yield opportunities in Brazil, Latin America's largest economy," the two companies said in

Starknet-based zkLend seeks return of over $8 million in ETH stolen from platform
.
Starknet-based lending protocol zkLend has publicly acknowledged it was hacked for over $9 million.
It asked the hacker to keep 10% of the stolen funds as a “white hat” reward while asking for the return of the remaining 90%, which amounts to 3,300 ETH ($8.4 million).
ZkLend suspended withdrawal functions following the exploit to mitigate further risks and the team is investigating the exploit’s root cause.
To resolve the situation by negotiating with the hacker, zkLend wrote a message to the attacker, stating

KULR acquires another 100 bitcoin for $10 million as its total holdings reach 610 BTC
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KULR Technology Group has acquired another 100 BTC for approximately $10.4 million at an average price of $103,905 per bitcoin, inclusive of fees and expenses, according to an 8-K filing with the Securities and Exchange Commission on Tuesday.
The company now holds a total of 610.3 BTC, worth nearly $60 million at current prices, acquired at an average price of $98,312 per bitcoin, according to KULR CEO Michael Mo.
These latest acquisitions align with KULR’s bitcoin treasury strategy announced on Dec. 4, 202

Crypto Investors Lost Over $500M in Memecoin Rug Pulls and Scams in 2024
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More than $500 million was lost to memecoin rug pulls and scams in 2024, according to a report by crypto intelligence platform Merkle Science.
The most prolific scams involved social engineering, which is a technique that relies on impersonation and manipulation to gain access to someone's personal data - often in this case celebrities or well-known tech figures.
One of these cases saw scammers compromise French footballer Kylian Mbappe's X account. Once they gained access, a link was posted to a nefarious memecoin whic

Crypto Investors Lost Over $500M in Memecoin Rug Pulls and Scams in 202
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4$500M in Memecoin Rug Pulls and Scams in 2024
Crypto Investors Lost Over $500M in Memecoin Rug Pulls and Scams in 2024
By CoinDesk
2025-02-11 16:00
More than $500 million was lost to memecoin rug pulls and scams in 2024, according to a report by crypto intelligence platform Merkle Science.
The most prolific scams involved social engineering, which is a technique that relies on impersonation and manipulation to gain access to someone's personal data - often in this case celebrities or well-known tech figures.
One of thes

Magazine: Korean exchange users surge 450%, Metaplanet buying 21K Bitcoin: Asia Express
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#Gate.io Has Officially Partnered with Oracle Red Bull Racing #Which Altcoin ETF Could be Approved First? #BTC Market Trend Analysis
#BTC

Tech giants chip in to create Saudi Arabia’s AI hub
The Saudi giant partnered with Groq in a $1.5 billion deal to build AI-powered cloud computing capabilities and intends to sign agreements with other AI companies, Al-Khowaiter said.
GT Trump #NewsMesseger #Gate.io Has Officially Partnered with Oracle Red Bull Racing #BTC Market Trend Analysis #Which Altcoin ETF Could be Approved First?

Saudi Arabia partners with tech giants in $14.9B AI expansion
Saudi Arabia has announced combined investments and projects worth $14.9 billion in the AI sector during a tech conference in its capital city of Riyadh.
On Feb. 9, Saudi Minister Abdullah bin Amer Alswaha said the kingdom — in partnership with global tech innovators — would invest $14.9 billion in AI, emerging tech and cloud. The tech partners include Google Cloud, Lenovo, Alibaba Cloud, Qualcomm, Groq and Salesforce, among others.
Saudi Arabia announces $14.9 billion in AI investments via tech partnerships at the LEAP 2025 Tech Co

GT 🔥🔥
#Million $ANLOG Launchpool Airdrop is Live #Has the Market Bottomed Out? #$BERA Trading is Now Open

Bitcoin Price May Drop To $90K But Experts Stay Bullish, Here’s Why?
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Top experts predict a potential Bitcoin price pullback to $90K but remain optimistic on the long-term trajectory of BTC citing several positive market trends.
Bitcoin price has continued to stay in the red today, hovering around the $96K mark following a short-term pump after the US job data gave some relief yesterday. Notably, the latest US job data indicates a cooling labor market, which could give more space to the Federal Reserve to move with their rate cut plans. However, amid this, top experts predict a potential BTC

There is a 'massive disconnect' between retail and pros in crypto: Bitwise CIO
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According to a crypto executive, while experienced investors in the crypto industry are more optimistic than ever about the overall crypto market, retail interest is at rock-bottom levels not seen in years.
It’s a sentiment echoed across the crypto industry, though some analysts argue it varies between crypto tokens.
P:
Trump #Million $ANLOG Launchpool Airdrop is Live #Has the Market Bottomed Out? #$BERA Trading is Now Open #BTC

BlackRock now owns 5% of Strategy as the latter's bitcoin exposure grows
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Asset management giant BlackRock has increased its stake in Strategy (formerly MicroStrategy), the largest corporate holder of bitcoin, from 4.09% to 5%, according to its Schedule 13G filing with the U.S. Securities and Exchange Commission.
The filing, dated Feb. 6, 2025, shows that BlackRock owns a total of 11.26 million common shares of Strategy as of Dec. 31, 2024 — up from 9.48 million shares as of Sept. 30, 2024 — an increase of 1.78 million shares over the quarter.
While the exact purchase price of these addition

Mining Giant Foundry Supercharges Bitcoin Layer-2 Rootstock’s Security
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Foundry, the world’s largest Bitcoin mining pool by hashrate, has announced it’s diversifying its operations and bolstering the security Bitcoin layer-2 network Rootstock through merge mining.
Merged mining allows miners to simultaneously mine two or more cryptocurrencies that employ the same hashing algorithm without compromising the overall mining efficiency.
The move injects 740 exahashes per second — roughly 80% of the total computing power currently securing the Bitcoin network — to secure Rootstock transactions

Bitcoin Nears $98K as Eric Trump Encourages BTC Investment
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Bitcoin rose above $98,000 during Thursday's Asian trading hours after Eric Trump, son of U.S. President Donald Trump, encouraged BTC investment on X.
"[It] feels like a great time to enter BTC," Eric Trump posted on X at 1:41 UTC, following which, BTC prices rose from $96,900 to $97,830. The micro CME futures topped the $98,000 mark, according to data source TradingView.
Early this week, Trump's AI and crypto czar David Sacks said the Trump administration is evaluating the feasibility of a strategic bitcoin reserve, disappointing cr