SEC Acknowledges Cboe’s Bid to List 21Shares XRP ETF
The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Cboe BZX’s request to list an XRP exchange-traded fund (ETF) from asset manager 21Shares, according to a regulatory filing dated Feb. 14. This acknowledgment marks a step forward for U.S. exchanges looking to introduce ETFs backed by spot XRP, the native token of Ripple’s XRP […]
FTX’s $1.2B Repayments Signal Key Moment in Crypto Industry Recovery
FTX Digital Markets, the Bahamian division of the collapsed crypto exchange FTX, is preparing to distribute its first round of repayments to creditors on Feb. 18. This marks a major milestone for the crypto sector following FTX’s dramatic $9 billion downfall. The exchange’s collapse, along with over 130 affiliated entities, triggered a wave of insolvencies […]
PumpAgent Ushering in a New Era of AI Agent Tokenization with Multi-Token Payments and Enhanced Functionality
In the era of deep AI and blockchain integration, PumpAgent is pioneering the tokenization of AI Agents, transforming them from mere tools into fully autonomous cryptographic assets with independent market value. This groundbreaking initiative has created an entirely new digital economic ecosystem, setting a precedent in the industry by allowing users to select multiple tokens […]
12 US States Hold $330M Stake in Saylor’s Strategy
As of late 2024, twelve U.S. states have reported holding shares of Strategy, the company formerly known as MicroStrategy, in their state pension funds or treasuries. The total value of these holdings amounts to $330 million. Bitcoin analyst Julian Fahrer highlighted on Feb. 17 that California, Florida, Wisconsin, and North Carolina have the largest exposure […]
LIBRA Creators Linked to Melania and Other Short-Lived Memecoins
Blockchain analysts at Bubblemaps have presented strong evidence suggesting that the team behind the LIBRA (LIBRA) memecoin is the same group responsible for launching Melania (MELANIA). In a post on X dated Feb. 17, Bubblemaps claimed that new on-chain data indicates that the individuals who introduced LIBRA—or someone closely associated with them—were likely behind the […]
Binance co-founder CZ shuts down exchange sale rumors
Changpeng Zhao, co-founder and former CEO of Binance, has dismissed speculation that the cryptocurrency exchange is up for sale. “Some self-proclaimed competitor in Asia spreading FUD about Binance (CEX) being for sale,” Zhao stated on X on Feb. 17. “As a shareholder, Binance is not for sale.” Binance co-founder Yi He echoed his remarks, suggesting […]
Bitcoin faces potential “bearish phase” as key metrics show worrying trend
Bitcoin (BTC) has shown signs of risk, with the possibility of entering a “bearish phase” as investor sentiment shifts and risk exposure decreases at current price levels. On February 15, on-chain data platform CryptoQuant highlighted a troubling trend of Bitcoin leaving derivatives exchanges, signaling a shift in market behavior. Bitcoin flow shift sparks concern for […]
January Sees Over 600K New Tokens, Raising Concerns Over Market Liquidity
In January, the launch of over 600,000 new cryptocurrencies raised alarms about the potential impact on market liquidity. This surge in new token creation reached an unprecedented level in January, according to data from GeckoTerminal, as shared by Bobby Ong, co-founder and COO of CoinGecko. Compared to January 2024, the number of new tokens launched […]
Bitcoin analyst PlanB moves Bitcoin into ETFs to simplify management and avoid ‘key complications’
Bitcoin analyst PlanB has transferred his entire Bitcoin holdings from self-custody into spot Bitcoin exchange-traded funds (ETFs) to simplify managing his assets like traditional investments. In a Feb. 15 post on X, PlanB shared that his decision to shift to spot Bitcoin ETFs stems from the desire to handle his Bitcoin similarly to equities and […]
BNB Chain Overtakes Solana in Daily Fees, Leads All Blockchains
According to data from Nansen, BNB Chain—linked to Binance—has surged past Solana in daily transaction fees, securing the top spot among all blockchains. On February 13, BNB Chain recorded over $5.8 million in daily fees, significantly outpacing Solana’s $3.3 million and surpassing Ethereum by more than five times. This marks the first instance since Halloween […]