

🗓 Results of the Week: Bitcoin Crossed $24,000 Level, and Cardano Network Launches Stablecoin Djed
✅ Bitcoin Crossed $24,000 Level
The first cryptocurrency does not abandon its attempts to breach the upper line. On Wednesday, February 1, Bitcoin surpassed the $24,000 mark amid slower growth of the Fed's key rate. At the same time, Glassnode analysts noted that BTC has finally recovered from the aftermath of the FTX collapse. After that, Bitcoin gained 0.5% over the week and traded at $24,800.
Ethereum showed similar dynamics, following the first cryptocurrency during the week. However, the weekly growth was slightly higher - 4.5% and the final price at the end of the week placed the $1,620 level.
Overall, almost all of the assets in the top 10 remain in the green. The exception was XRP, which is down 2.2%.
Current quotes as of the morning of 06.02:
📊 BTC/USDT
📊 ETC/USDT
📊 XRP/USDT
✅ Stablecoin Djed Was Launched on the Cardano Network
The developers of the COTI Network platform, together with Input Output, released an algorithmic stablecoin Djed on the Cardano network. They worked on the project for more than a year.
Stablecoin is 400-800% backed by ADA token and SHEN as a backup coin.
✅ Twitter Prepares To Integrate Crypto Payments
The well-known social network has applied for a license and has developed software to integrate payments. The initiative is a part of Elon Musk's plan to turn Twitter into a "super-app."
Initially, the payments capability will target fiat currencies. However, it will include the ability to integrate digital assets, according to Fortune.
✅ Consensys Announced an Educational Program in Metamask
ConsenSys has unveiled a new educational initiative, MetaMask Learn. The free platform is designed for users who want to learn about Web3.
The resource is available in 10 languages, including Ukrainian and English. The platform offers an interactive user interface. In simulation mode, you can learn how to work with MetaMask and learn about more NFT and decentralized finance.
✅ North Korean Hackers Desperate to Launder Cryptocurrency Stolen From Harmony Bridge
North Korean hackers are still hoping to launder the cryptocurrency stolen from the Harmony Horizon Bridge project hack. ZachXBT, an onchain researcher, tweeted about it.
He revealed that a group of attackers is now desperately trying to launder $27 million in ETH from four crypto exchanges, which the analyst refused to discuss.