...And Robinhood IPO Might Be Delayed 😬
 | Total Market Cap $1.04T (+4.94%) |  | 24 Hour Volume $148.36B (-11.54%) | | Notable Movers WallStreetBets (+134.84) 😂 | | | | Bitcoin Dominance 62.19% (-0.58%) | | Bitcoin Price $34,693.93 (+2.63%) | | | | |
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| | Today's Top Stories 📰 | Learn all about crypto at Alexandria, your new online crypto source! | | | |  | | After weeks of consolidation, there's renewed optimism that Bitcoin's bull run is about to restart. Demand, fueled by the Grayscale Investment Trust, is continuing to outstrip supply. Meanwhile, the balance of Bitcoin held across all exchanges has fallen to a two-and-a-half-year low. BTC managed to crack $35,000 on Tuesday morning. Read more here.
| | | | Reports suggest that Robinhood's CEO is going to testify before Congress over the GameStop saga. Vlad Tenev could end up facing tough questions over the restrictions imposed on GME stock. Meanwhile, it's also being claimed that the embattled trading app is postponing plans for a hotly anticipated IPO "to focus on surviving the current drama." Here's the latest. | | |
| Well, he's certainly been busy. After expressing his support for Wall Street Bets — and adding #bitcoin to his bio — Elon Musk has announced he's stepping away from social media for a while. It comes shortly after he revealed his passion for BTC during a Clubhouse discussion, admitting he's been a little behind the curve when it comes to crypto. Read more. | | |
| OKEx has announced it's going to be one of the first major exchanges to integrate the Bitcoin Lightning Network. According to the trading platform, the Layer 2 scaling solution enables BTC to be sent "in near real time and at next to no cost." Figures suggest the average Bitcoin on-chain fee stands at $10, and transactions take up to 30 minutes. Read more. | | |
| A CoinDesk report suggests that IBM has cut its blockchain team down to almost nothing after the company failed to miss revenue targets by 90%. Sources said that expectations for enterprise blockchain were much too high, with one adding: "There is not really going to be a blockchain team any longer. Most of the blockchain people at IBM have left." Read more. | | |
| The CEO of crypto lending platform BlockFi says its users were paid more than $28 million in interest over the course of January — 75% of which was in Bitcoin and Ethereum. Zac Prince said more than 400 BTC, 4,500 ETH and five million stablecoins were distributed in a "record-breaking month." Read more. | | | |
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