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1Bitget Daily Digest (February 6) | PENGU completes massive burning, Raydium buyback hits all-time high 2US Bank reports $24 million holdings in Bitcoin ETFs in latest SEC filing3BlackRock Set to Launch Bitcoin ETP in Europe Amid Rising Institutional Demand
![Ethereum Faces Growing Competition as Rivals Gain Ground](https://img.bgstatic.com/multiLang/image/social/983d8e64e8a419973a861efc54e6a2c01738873343214.jpg)
Ethereum Faces Growing Competition as Rivals Gain Ground
Cryptodnes·2025/02/06 20:22
![Mega Bullish Cardano (ADA) Price Prediction](https://img.bgstatic.com/multiLang/image/social/e161d83ad4e5a2da6ef0d618ce3454871738807865728.jpg)
Mega Bullish Cardano (ADA) Price Prediction
Cryptodnes·2025/02/06 20:22
![ETH is speedrunning the 50-year Intel chart](https://img.bgstatic.com/multiLang/image/social/cdd5bc75800cf11815d2cf5964c4361b1738871079661.jpeg)
ETH is speedrunning the 50-year Intel chart
Despite the decades-long lead, there are spooky similarities between ETH and Intel stock
Blockworks·2025/02/06 19:44
![Crypto Price Today (Feb 6, 2025): ETH, XMR, FTT, TRUMP Pumps](https://img.bgstatic.com/multiLang/web/300f31614793bfadf6da23d00f5fbf57.webp)
Crypto Price Today (Feb 6, 2025): ETH, XMR, FTT, TRUMP Pumps
Cryptotimes·2025/02/06 19:44
![Bitcoin today 06/02/2025: BTC trades at $99 amid $180 million market liquidation](https://img.bgstatic.com/multiLang/image/social/44a9ff066a09da07871b5f2601abb7001738864543170.jpeg)
Bitcoin today 06/02/2025: BTC trades at $99 amid $180 million market liquidation
Portalcripto·2025/02/06 17:55
![Shiba Inu and UAE Ministry of Energy Partnership Expands SHIB’s Reach](https://img.bgstatic.com/multiLang/web/3fcb4fd672a6b56b7da3a6cd33947b5b.jpeg)
Shiba Inu and UAE Ministry of Energy Partnership Expands SHIB’s Reach
Portalcripto·2025/02/06 17:55
![Whales Buy 750M Dogecoin (DOGE) and Signal Possible 300% Rise](https://img.bgstatic.com/multiLang/web/d4a2017536a77359c94aacf08ba4023f.jpg)
Whales Buy 750M Dogecoin (DOGE) and Signal Possible 300% Rise
Portalcripto·2025/02/06 17:55
![Meme Coins Eye Major Recovery: SHIB Could Rally 840%, DOGE Shows Strength](https://img.bgstatic.com/multiLang/web/d4a2017536a77359c94aacf08ba4023f.jpg)
Meme Coins Eye Major Recovery: SHIB Could Rally 840%, DOGE Shows Strength
Yellow·2025/02/06 16:33
![Bitcoin enjoys 'plenty' of demand at $98K as analyst eyes RSI breakout](https://img.bgstatic.com/multiLang/image/social/1744384916b3c6135fa7ddcb59556cf71738858325337.webp)
Bitcoin enjoys 'plenty' of demand at $98K as analyst eyes RSI breakout
Cointime·2025/02/06 16:12
![Bitcoin enjoys 'plenty' of demand at $98K as analyst eyes RSI breakout](https://img.bgstatic.com/multiLang/web/6d568d1dfa11e17f4ae6f7f05c8925ec.webp)
Bitcoin enjoys 'plenty' of demand at $98K as analyst eyes RSI breakout
Cointelegraph·2025/02/06 15:33
Flash
- 20:29U.S. SEC Seeks Public Comment on Proposal to Convert Gray Litecoin Trust into an ETFThe U.S. Securities and Exchange Commission (SEC) seeks public comment on a proposal to convert the Grayscale Litecoin Trust into an exchange-traded product. In a filing on Thursday, the SEC accepted an application submitted by the New York Stock Exchange Arca on behalf of Grayscale and asked that the comments be submitted within 21 days of publication in the Federal Register. The agency can decide to approve, reject or “institute proceedings”.
- 20:28Ethernet's Pectra upgrade will begin testing in February, with the upgrade expected to hit the main Ethernet network in AprilThe “Pectra” upgrade for ethereum will be available on the Holesky and Sepolia test networks in February and March, and will include a number of improvements, with a particular focus on wallets and authenticators. If these tests are successful, developers will reconvene on March 6 to determine when the upgrade will officially launch. Some developers are now saying it could hit the mainnet in early April. pectra is a hybrid term for two separate upgrades, Prague and Electra, containing eight major improvements to the second-largest blockchain. The most anticipated of these is EIP-7702, which is designed to improve the user experience of crypto wallets.Another major feature of Pectra, EIP-7251, will allow verifiers to increase the amount of their pledges - from 32 ETH to 2,048 ETH.
- 20:06Galaxy Digital Founder: Market Sentiment for Ether “Extremely Pessimistic”Gold Finance reports that Mike Novogratz, founder and CEO of Galaxy Digital, believes that Ether has failed to keep pace with other cryptocurrencies such as Bitcoin and Solana, Novogratz said in an interview, “Market sentiment for Ether is extremely pessimistic. I think the biggest reason for that is Gensler's vague definition of ETH, and he sued Consensys, is ETH a security or not? So there's been some regulatory pressure on Ether.” Discussing the investment narrative of Ether and how it differs from Bitcoin, Novogratz said that Bitcoin has attracted increasing media attention since President Donald Trump spoke at the Bitcoin 2024 conference last summer. He said, “Most of the market capitalization of ethereum right now is a store of value, but what's keeping people focused on it is the web3 story, and the reality of all crypto ecosystems is that stories bring enthusiasm, and enthusiasm creates value.”