Cryptocurrency news digest for the night 07 February 2025

Most digital coins continue to experience strong pressure against the background of political uncertainty in the world. This resulted in a stable downward trend and total dominance of sellers in the conditions of the cryptocurrency market. Over the past week, Cardano suffered the largest losses from the TOP-10, since during the reporting period its price fell by almost 25%.

Microstrategy reported a major loss

One of the largest public holders of Bitcoin Corporation Microstrategy submitted financial statements following the results of the 4th quarter of 2024. According to the published data, the company suffered a loss of more than $ 670 million. According to representatives of the site, this happened against the background that at the end of last year the main digital coin showed very high volatility.

Pump.fun site was accused of violating the regulations of intellectual property rights

Several American corporations turned to Pump.fun developers demanding to remove several digital coins that use their logos. The lawyers of the companies also accused Pump.fun of at all allowed their release, although she had all the technical capabilities to prevent this.

Arthur Hayes: I have no good news for bitcoin investors

The founder of the BitMEX exchange Arthur Hais noted that during the election campaign, Donald Trump gave many high -profile promises to crypto enthusiasts. However, the policy of his administration will not differ from what the predecessors did. He also believes that a strategic reserve in Bitkoinah will win back the role of some political weapon.

Asian traders are more actively trading BTC in comparison with users from the USA and the EU

A number of researchers noted that trade activity on Asian sites is growing more intense pace compared to what is observed in the USA or the EU. This trend is especially pronounced in the context of trade operations associated with bitcoin.

Author

Andrey Alexandrov