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With January marking a mixed start for cryptocurrency markets, traders eye several altcoins heading into February, packing developments that could translate into price volatility. Horizen’s upcoming mainnet upgrade stands out following recent network enhancement delays. Injective also teased an undisclosed decentralized application going live soon. Meanwhile, Radiant Capital, Beldex, and Skale all have their token improvements and proposals in the works for February that promise to elevate functionality. Here’s what you need to know about these five crypto currencies to watch in February. Also read: Cardano Price Predictions: When Could ADA Reach $3, $7.03, and $10.40? Horizen (ZEN) Source: CoinMarketCap Privacy-oriented network Horizen has a significant mainnet hard fork upgrade slated for February 7th. The code changes disable shielded transactions that previously enhanced user anonymity. Though notable for users, analysts say the token’s recent chart trajec...

Table of contents What is Staking? The Concept of Restaking EigenLayer Native Restaking Liquid Restaking How Does Liquid Restaking Function? Top Liquid Restaked Protocols 1. Kelp DAO 2. Renzo Protocol 3. Restake Finance 4. etherFi 5. Puffer Finance Limitations and Challenges of Liquid Restaking Protocols Conclusion What is Staking? Staking is a process that allows users to lock their crypto holdings, or in other words, their “stake,” to ensure the safety and operation of a blockchain ecosystem. While staking is possible only on blockchain networks such as Ethereum and Cardano built on a Proof-of-Stake (PoS) consensus mechanism, it helps to validate transactions. The Concept of Restaking Res taking is a novel concept that allows s taking the same ETH across Ethereum and other blockchain networks. It involves reusing staked or locked Ether at the consensus layer to earn fees and rewards. EigenLayer  EigenLayer is a decentralized Ethereum restaking proto...

As sustained green candles inch closer, alt coins have positioned themselves as the best tokens to invest in. However, picking the best altcoin to add to your portfolio requires time and effort. Hence, this article simplifies the search by highlighting some of the top alt coins worthy of consideration by investors at this moment. 6 Best Altcoins to Invest in Right Now With the market’s transition towards a sustained green phase, the spotlight is now on certain tokens for their investment potential. Neo, Polygon, and Chainlink have captured attention as standout alt coins , lauded for their unique Features and promising prospects in the market. In the market arena, Visa partners with Transak for crypto withdrawals & payments via Visa Direct. Therefore, users can exchange crypto for fiat and pay at 130M+ Visa-accepting merchants globally, ensuring seamless integration for wider crypto adoption. 1. Chainlink (LINK) Protocol Labs has partnered with Chainlink to aid new st...

In an upturn, more tokens entered the green zone in today’s trading session, with approximately 21% of coins showing positive movement. Today, leading the top crypto gainers is Bittensor, hitting a 24.11% intraday. In contrast, Aleph Zero is today’s biggest loser, suffering a significant loss of -7.74% during the same period. Biggest Crypto Gainers Today – Top List Over the past year, Dogwifhat has soared, registering an astounding gain of 6,123.55%. However, not all coins have shared the same success, with ApeCoin plummeting by -76.25%, marking it as the worst performer.  On the market scene, setting Web3 payments infrastructure provider Transak joined Visa Direct. As a result, users can convert their cryptocurrency holdings into regular currency. 1. Bittensor (TAO) TAO accomplished  a robust breakout, rebounding from the $300 support to enter the top crypto gainers today. As a result of this breakout, Bittensor surged to $466.59, marking a substantia...

The United States Drug Enforcement Administration (DEA) has seized the largest haul of cryptocurrency from an illegal network involved in selling narcotics through the dark web. According to the Department of Justice (DoJ), in a statement released on January 26, the amount totaling $150 million in digital assets was confiscated from an operation run by an Indian national identified as Banmeet Singh. Singh pleaded guilty to conspiracy to possess with the intent to distribute controlled substances and conspiracy to commit money laundering.  His guilty plea marked the culmination of an investigation that uncovered a multi-million-dollar drug enterprise that utilized dark web marketplaces such as Silk Road 1, Silk Road 2, Alpha Bay, Hansa, and others. Cryptocurrency Nexo solidifies data protection and cloud privacy with two ISO certifications Cryptocurrency Bitcoin layer 2 sidechain Mintlayer launches security-focused mainnet Cr...

Elon Musk’s Neuralink implants its ‘Telepathy’ device in a human brain for the first time. Musk claims the device enables people to interact with computers by thought. Neuralink euthanized 12 young monkeys after their health deteriorated severely upon being subject to the implant. Tech billionaire Elon Musk recently announced the successful implantation of Neuralink’s brain-computer device in a human being. The device, which Musk has dubbed “Telepathy” supposedly assists thinking and enables telepathic control of mobile phones and computers. The first @Neuralink product is called Telepathy — Elon Musk (@elonmusk) January 29, 2024 On January 29, Musk took to X to share insights on the promising experiment with Neuralink on a human being. While he informed that the individual is “recovering well,” he asserted that the experiment proves “promising neuron spike detection.” The first human received an implant from @Neuralink yesterday and is recove...

In a landmark development for the tech company, Google has updated its policy to allow Bitcoin and other crypto trust products to be advertised. Indeed, the policy change from the technology behemoth has gone into effect today and could make way for a variety of new crypto-centered ads on the search engine. Currently, BlackRock and VanEck are already advertising their Spot Bitcoin ETFs after the Google policy change. Indeed, the update says it will allow products as” advertisers offering Cryptocurrency Coin Trusts targeting the United States.” All 11 of the approved Spot Bitcoin ETFs are expected to advertise on the platform under the new policy. JUST IN: BlackRock & VanEck are now advertising Spot #Bitcoin ETFs on Google following new policy update. pic.twitter.com/5yysw6N1RV — Watcher.Guru (@WatcherGuru) January 29, 2024 Also Read: Spot Bitcoin ETF Google Searches Spike As Industry Confidence Prevails Google Now Allowing Crypto Ads Through New Poli...

Ripple’s chief technology officer, David Schwartz, has recently expressed his views on a new governance proposal for the XRPL Foundation. In an X post on Jan. 29, Schwartz highlighted the significance of community involvement in shaping the proposal, which he referred to as a “straw man” and as a preliminary concept intended to kickstart discussions and attract a wide range of ideas. Appreciate this public clarity from you, @sappenin. David also shared his proposal with me as a courtesy beforehand, as he did with XRPLF, and the Foundation was receptive to the proposal. At the end of the day though, he, like any other community member, doesn’t need… — David "JoelKatz" Schwartz (@JoelKatz) January 29, 2024 Schwartz emphasized the proposal’s goal to improve the transparency and democratic nature of XRPL governance . He pointed out that presenting such ideas does not require special permission, as every community member is entitled to contrib...

Bitcoin (BTC) mounted a recovery, taking the rest of the market with it, despite sustained out flows from spot Bitcoin exchange-traded funds. The U.S. government made moves to sell $131 million in BTC confiscated from Silk Road. Meanwhile, Terraform Labs goes bankrupt . Spot Bitcoin ETFs record outflows This week featured massive negative net flows from the spot Bitcoin ETF market, largely due to substantial outflows from the Grayscale Bitcoin Trust (GBTC), as investors exited the project due to high fees. Particularly, on Jan. 24, the spot Bitcoin ETF market recorded the largest intraday outflow since it opened for trading. The products saw a cumulative negative netflow of $159 million that day, which marked their ninth day of trading. All other ETF products witnessed inflows on Jan. 24 besides the GBTC. However, these inflows were not substantial enough to overcome the outflows from the GBTC, which stood at a massive $429 million. On Jan. 25, the tenth day of trading, t...

The X social media account of the Algorand Foundation’s chief executive has been hacked, marking the third major exploit of crypto-related X accounts this month. In a new thread, the firm behind smart contract platform Algorand (ALGO) has announced that the X account of Staci Warden, the company’s CEO, has been hacked and warns against interacting with it. “[Staci Warden’s] account has been compromised. Please do not click on any links on her account or respond to DMs (direct messages). We are in the process of recovering it.” Some of the hacker’s messages include a reposted link to a recording titled “puppets ruined Bitcoin” and one that falsely claims Warden has been fired from Algorand and lost her affiliates. The hacking of Warden’s account marks the third time in January that bad actors went after the social media accounts of crypto executives or regulators. On January 9th, an exploiter gained access to the X account of the U.S. Securities and Exchange Com...

Shiba Inu (SHIB) has been in a bearish slump to start the year. The meme-coin is currently trading at $0.000009052 but was lower than the $0.000009 support this week. However, some projections remain optimistic that SHIB can break out, and that a major pump is coming. Also Read: Shiba Inu (SHIB) Large Transactions Surge 300% to Reach $178M Is Shiba Inu Ready to Rally? Three Indicators Why Source: WatcherGuru While the price and trading volume might be low at this time, the underlying profitability of SHIB addresses has risen from 24%. Furthermore, Shiba Inu has seen its large transactions increase by 300% to reach a total of $178 million over the last 24 hours. With these transactions underway, some may suggest that Shiba Inu is set for a big rebound. Here are further indicators that SHIB may be ready for a major pump. The aforementioned profitability of SHIB addresses. The total rise, compared to previous reports, is up to just over 25% from 24%. An uptick in SHIB burn r...