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Major cryptocurrencies surged on Tuesday evening following an announcement from MicroStrategy Inc MSTR , the largest publicly traded holder of Bitcoin.CryptocurrencyGains +/-Price (Recorded 9:30 p.m. EST)Bitcoin BTC/USD +1.02%$43,050Ethereum ETH/USD +3.14%$2,377Dogecoin DOGE/USD +0.67%$0.078

What Happened: The company revealed that it had acquired an additional 850 BTC in January, boosting its total holdings to 190,000 BTC, with an estimated worth of $8.1 billion.

In the business software firms Q4 2023 Feb. 6 earnings call, the chief financial officer, Andrew Kang, revealed that the company procured 56,650 BTC throughout 2023 at an average price of $33,580.

According to MicroStrategys executive chairman, Michael Saylor, the companys performance in 2023 can be attributed to investors recognizing the broader theme of a digital transformation of assets.

Saylor emphasized, 2024 is the year of the birth of Bitcoin as an institutional-grade asset class, in fact, it's the first new asset class of the modern era.

Top Gainer (24 Hour)CryptocurrencyGains +/-Price (Recorded 9:30 p.m. EDT)Dymension DYM/USD +26.48%$5.05Ethereum Name Service ENS/USD +16.10%$23.13Ronin RON/USD +9.53%$2.76

The global cryptocurrency market cap now stands at $1.66 trillion, showing a 1.24% increase in the past 24 hours.

Stocks made gains on Tuesday as Wall Street evaluated the latest corporate earnings and the Federal Reserves rate cuts timetable. The S&P 500 climbed 0.23% to close at 4,954.23, the Nasdaq Composite showed a slight increase of 0.07%, reaching 15,609.00, and the Dow Jones Industrial Average surged by 141.24 points, or 0.37%, to finish at 38,521.36.

In the cryptocurrency realm, Coinbase Inc COIN stock experienced a growth of over 2%, while Microstrategy's stock saw an increase of 1.8% in the last 24 hours. Additionally, Riot Platforms RIOT and Marathon Digital MARA , the major players in bitcoin mining, rose by 4% and 3% respectively.

See More: Best Cryptocurrency Scanners

Analyst Notes: Cryptocurrency analyst, Michael Van de Poppe said Bitcoin remains in between levels. "This means that theres still a period of consolidation, from which I think that Ethereum is going to start outperforming, especially if the upgrades are going to be a success. Pre-halving perhaps $48K." Loading… Loading…

Pseudonymous crypto analyst Daan Crypto Trades said, "ETH Its about time for some long due Ethereum outperformance vs BTC I would say. Just a question of when this makes its higher low and when it can break above the Daily 200MA/EMA (and hold there). I do like the risk/reward."

Cryptocurrency analyst and trader Ali Martinez has reported that hundreds of thousands of Ethereum are being withdrawn from crypto exchanges.

"In the past three weeks, nearly 510,000 ETH have been withdrawn from known crypto exchange wallets, totaling a value of approximately $1.22 billion! This significant outflow indicates a strong Ethereum holder sentiment and potentially less selling pressure in the market."

Photo by Igor Faun on Shutterstock

Read Next: Jim Cramer Advises Against Using Binance, Provokes Strong Reactions From Twitter UsersLoading… Loading…

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Scottish artist Nnena Kalu wins Turner Prize 2025 for hanging Barcelona sculptures and Liverpool exhibition

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Scottish artist Nnena Kalu wins Turner Prize 2025 for hanging Barcelona sculptures and Liverpool exhibition

Scottish artist Nnena Kalu has won the 2025 Turner Prize with two exhibitions, including a series of brightly coloured sculptures.

The Glaswegian, 59, took home the visual arts prize along with £25,000 at an award ceremony on Tuesday in Bradford, this year’s UK City of Culture.

As reported by The Guardian, she is the first artist with a learning disability to win the award.

Nnena Kalu, from Glasgow, is the winner of this year's Turner Prize. Pic: Nnena Kalu/ActionSpace/PA
Image:
Nnena Kalu, from Glasgow, is the winner of this year’s Turner Prize. Pic: Nnena Kalu/ActionSpace/PA

Along with Hanging Sculpture 1-10, which European art exhibitors Manifesta commissioned her to create at a disused power station in Barcelona, Ms Kalu won for her presentation in Conversations, a group exhibition at Walker Art Gallery in Liverpool.

For the sculpture series, the artist created the vividly-coloured works from repeated lines and wrappings of different materials, making nest or cocoon-like forms.

Hanging Sculpture 1 - 10 by Nnena Kalu. Pic: PA
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Hanging Sculpture 1 – 10 by Nnena Kalu. Pic: PA

The installation consisted of 10 large brightly-coloured sculptures that hung from grey concrete pillars of the industrial site.

Meanwhile, for Conversations, Kalu presented work in pen, graphite and chalk pen on two pieces of paper.

More on Turner Prize

Conversations by Nnena Kalu. Pic: PA
Image:
Conversations by Nnena Kalu. Pic: PA

The jury, which was chaired by Alex Farquharson, the director of Tate Britain, commended Kalu’s “bold and compelling work” and praised the “lively translation of expressive gesture” in the abstract sculpture and drawing.

The panel also acknowledged her scale, composition and colour, highlighting “the powerful presence” her works have.

Nnena Kalu's nominated Turner Prize works. Pic: PA
Image:
Nnena Kalu’s nominated Turner Prize works. Pic: PA

Kalu is also a resident artist at ActionSpace’s studio, which supports learning disabled artists across London at Studio Voltaire, and beat out fellow shortlisted artists Rene Matic, Mohammed Sami and Zadie Xa.

The works by the four artists are currently available to see at a free exhibition at Bradford’s Cartwright Hall Art Gallery until 22 February.

Jonathan Orrell views work by Nnena Kalu for the Turner Prize. Pic: PA
Image:
Jonathan Orrell views work by Nnena Kalu for the Turner Prize. Pic: PA

Named after British painter JMW Turner, this year’s prize marked the 250th anniversary of his birth.

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Previous winners include artist Damien Hirst in 1995 and filmmaker Sir Steve McQueen in 1999, while last year’s winner, Jasleen Kaur, picked up the prize for Alter Altar – which covered a red sports car with a giant ornamental doily mat.

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Environment

Is a $10,000 discount enough to overcome your VW ID.Buzz sticker shock?

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Is a ,000 discount enough to overcome your VW ID.Buzz sticker shock?

VW’s retro-tastic minivan hasn’t been the sales success the company might have wanted, and a lot of that has to do with the van’s sky high price tag. Now, VW is asking: will a $10,000 discount be enough to create some buzz for the ID.Buzz?

Volkswagen is offering $7,500 in Retail Customer Bonus cash this month – up from the $2,500 the company offered its Black Friday customers – that, along with an additional $2,500 unadvertised dealer cash incentive that CarsDirect is reporting absolutely, definitely exists, adds up to a stout $10,000 total discount on the all-electric VW ID.Buzz … and that’s before you start haggling with your dealer over the MSRP.

It’s a lot


VW ID. Buzz trims
Photo: Volkswagen of America.

As much as I like the the Volkswagen ID.Buzz, its starting MSRP around $61,545 (incl. destination) puts it at nearly twice what you’d probably expect a minivan to cost if the last time you shopped for one was at a Dodge store. Still, that hefty price tag is some $20,000 higher than the baseline Toyota Sienna hybrid or Honda Odyssey.

That 50% higher price is a lot to swallow even if you do buy into the nostalgia. Still, the ID.Buzz is capable enough, and with ~230 miles of range and 282 hp on offer from its battery/electric motor combo – plus Supercharger access – it’s at least able to keep up with the minivan competition.

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So, while that $10,000 discount isn’t going to turn the ID.Buzz into the second coming of the affordable, family-hauling Caravan, it does bring VW’s electric people-mover a little closer to earth. In fact, with a $50K price tag, it’s right in line with the average transaction price of a new vehicles. So, if nothing else, that reduced price could finally gives electric minivan buyers something to buzz about (I tried so hard to work that in, you guys).

If you’ve been shopping for a family-hauler and dig the retro vibe over something like the (excellent) Kia EV9, click through the link below and set up a test drive at your local VW dealer.

SOURCE: CarsDirect; images via VW.


If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them. 

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

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Sports

White Sox win draft lottery, will pick 1st in 2026

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White Sox win draft lottery, will pick 1st in 2026

The Chicago White Sox won the 2026 MLB draft lottery Tuesday and will pick first in next summer’s draft.

The White Sox had the best odds to get the top pick at 27.73% after finishing 60-102 in the 2025 season. They will have the top selection for the first time since taking Harold Baines in 1977.

Tuesday’s draft lottery determined the first six spots of the first round, with the remaining picks being set in inverse order of the teams’ regular-season records.

The Tampa Bay Rays will select at No. 2, and the No. 3 pick went to the Minnesota Twins, who had the second-best odds to win the lottery at 22.18%. Rounding out the six lottery picks were the San Francisco Giants, Pittsburgh Pirates and Kansas City Royals.

The league-worst Colorado Rockies(43-119) were not eligible for this year’s lottery because a team cannot receive a lottery pick in three consecutive years. They will pick 10th in the draft.

The Washington Nationals and Los Angeles Angels also were not eligible because they are “payor clubs” — or teams that give rather than receive revenue-sharing dollars — and cannot receive a lottery pick in consecutive years. The Nationals landed the 11th pick, while the Angels will pick 12th.

MLB and the players’ association established the lottery in the March 2022 collective bargaining agreement. The union pushed for the innovation to encourage teams to compete for wins rather than trade off players at the deadline in an attempt to get a higher draft choice.

The 2026 draft will take place July 11-12 in Philadelphia as part of MLB’s All-Star Week festivities.

The Nationals won the lottery last year and selected high school shortstop Eli Willits with the No. 1 pick.

The Associated Press contributed to this report.

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