{"id":27015,"date":"2023-02-06T14:54:58","date_gmt":"2023-02-06T14:54:58","guid":{"rendered":"https:\/\/p2pb2b.com\/blog\/?p=27015"},"modified":"2023-02-17T11:10:30","modified_gmt":"2023-02-17T11:10:30","slug":"weekly-crypto-market-news-30-january-5-february","status":"publish","type":"post","link":"https:\/\/p2pb2b.com\/blog\/weekly-crypto-market-news-30-january-5-february\/","title":{"rendered":"Weekly Crypto Market News \/ 30 January \u2013 5 February"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>inBinance has launched a tax payment tool. <\/b><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Binance Tax helps prepare tax returns, and the pilot version of the tool is available to customers from France and Canada.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Read more: <\/span><a href=\"https:\/\/cointelegraph.com\/news\/binance-tax-launched-to-prepare-crypto-users-for-the-tax-season\"><span style=\"font-weight: 400;\">Binance Tax launched to prepare crypto users for the tax season<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Ethereum developers have launched the Zhejiang testnet <\/b><span style=\"font-weight: 400;\">to check the withdrawal process from staking.\u00a0<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Discover more: <\/span><a href=\"https:\/\/zhejiang.beaconcha.in\/\"><span style=\"font-weight: 400;\">beaconcha.in<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>An educational Web3 platform has appeared in the MetaMask crypto wallet.<\/b><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">ConsenSys, a market-leading blockchain technology company, announced its newest initiative, MetaMask Learn. <\/span><a href=\"http:\/\/learn.metamask.io\/\"><span style=\"font-weight: 400;\">MetaMask Learn<\/span><\/a><span style=\"font-weight: 400;\"> is a free-to-use resource available in 10 languages for anyone interested in learning about web3. It provides an interactive MetaMask UI environment to help onboard those new to self-custody and guides users through the most common topics to help them get started in web3.\u00a0 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Read more: <\/span><a href=\"https:\/\/consensys.net\/blog\/press-release\/consensys-launches-metamask-learn-the-next-step-in-democratizing-web3\/\"><span style=\"font-weight: 400;\">ConsenSys Launches MetaMask Learn \u2014 The Next Step in Democratizing Web3<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>MicroStrategy reported a quarterly loss of $ 249.7 million <\/b><span style=\"font-weight: 400;\">due to the revaluation of investments in BTC.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">MicroStrategy is better known in recent years for being the largest public holder of bitcoin. The analysts expected $10.7 million in net income, which could have been the only quarterly profit following the fourth quarter of 2020. <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">According to the company, it has suffered a net loss due to digital asset impairment charges of $197.6 million after writing down bitcoin\u2019s value, and the price has dropped over the period. However, the company sold 704 bitcoins in the fourth quarter, resulting in gains of $0.9 million.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Discover more: <\/span><a href=\"https:\/\/www.namecoinnews.com\/microstrategy-reports-a-loss-of-249-7m-usd-for-its-fourth-fiscal-quarter\/\"><span style=\"font-weight: 400;\">MicroStrategy reports a loss of $249.7 million for its fourth fiscal quarter<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>The Ethereum Capella public testnet will be launched on February 7th for the Shanghai update. <\/b><span style=\"font-weight: 400;\">Buterin, it seems, is staking Ethereum himself, so he is in a hurry with the update to withdraw everything.<br \/>\n<\/span>Read more: <a href=\"https:\/\/twitter.com\/TimBeiko\/status\/1621209971747856385\">Official @TimBeiko on Twitter<\/a><\/li>\n<li aria-level=\"1\"><b>The Pantera Capital fund transferred part of the funds from BTC and ETH to altcoins.<br \/>\n<\/b>The move comes as cryptocurrencies had seen a modest rally in January after last year&#8217;s rout when bitcoin lost more than 60% of its value. Pantera&#8217;s Liquid Token Fund fell 80% in 2022.<br \/>\nRead more: <a href=\"https:\/\/www.theblock.co\/post\/206821\/pantera-returns-to-altcoins-after-seeking-haven-in-bitcoin-ether\">The Block: Pantera returns to altcoins after seeking haven in bitcoin, ether<\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Binance has announced plans to launch the metaverse.<\/b><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">It will be possible to literally live on the stock exchange. \u201cNobody really knows what metaverse means. Everybody has a different concept of it.\u201d &#8211; Changpeng (CZ) Zhao.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Read more: <\/span><a href=\"https:\/\/binance.com\/en\/blog\/community\/recap-product-ama-with-cz-and-mayur-870521089644441789\"><span style=\"font-weight: 400;\">Recap: Product AMA With CZ and Mayur | Binance Blog<\/span><\/a><\/li>\n<li><b>Binance buys Gopax, a troublesome South Korean exchange.<\/b><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Binance Holdings Ltd. has acquired a majority stake in the troubled South Korea-based cryptocurrency exchange GOPAX, returning the biggest digital-asset trading platform operator to a market it exited two years ago. <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">The purchase funding came from a Binance-led co-investment project called the Industry Recovery Initiative, to which Binance pledged $1 billion. Terms weren\u2019t disclosed.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Read more: <\/span><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-02-03\/binance-returns-to-south-korea-s-crypto-market-through-stake-in-gopax-exchange\"><span style=\"font-weight: 400;\">Binance Returns to South Korea\u2019s Crypto Market Through Stake in GOPAX Exchange &#8211; Bloomberg<\/span><\/a><\/li>\n<li><span style=\"font-weight: 400;\"><b style=\"color: #333333;\">The Signal proposal to re-peg with UST proposed by the LUNC community has passed. <\/b><span style=\"font-weight: 400;\">Signal proposals do not represent immediate technical consequences. In turn, Binance removed the risk warning from the LUNC and USTC trading page.<\/span><\/span><br \/>\nFind out more: <a href=\"https:\/\/twitter.com\/wublockchain\/status\/1621423261941915648?s=46&amp;t=I52JC2oWuiy3eN3WXDM4Hw\">Official @wublockchain on Twitter<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>inBinance has launched a tax payment tool. Binance Tax helps prepare tax returns, and the pilot version of the tool is available to customers from France and Canada. Read more: Binance Tax launched to prepare crypto users for the tax season Ethereum developers have launched the Zhejiang testnet to check the withdrawal process from staking.\u00a0 &hellip;<\/p>\n","protected":false},"author":1,"featured_media":24009,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[1],"tags":[],"topic":[1970],"difficulty":[1360],"collection":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Weekly Crypto Market News \/ 30 January \u2013 5 February &mdash; Crypto news 2024 P2B<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/p2pb2b.com\/blog\/weekly-crypto-market-news-30-january-5-february\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Weekly Crypto Market News \/ 30 January \u2013 5 February &mdash; Crypto news 2024 P2B\" \/>\n<meta property=\"og:description\" content=\"inBinance has launched a tax payment tool. Binance Tax helps prepare tax returns, and the pilot version of the tool is available to customers from France and Canada. 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