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#DailyCryptoNews
💼 Top crypto news for Tuesday, February 25
📌 Tron to launch ‘Gas Free’ feature for Tether USDt next week.
📌 Nasdaq files to list Grayscale Polkadot ETF.
📌 South Korea sanctions Upbit with 3-month ban on servicing new clients.
📌 Ohio introduces bill preventing state taxes on crypto payments.
📌 Bybit registers with Indian authorities, restores services in the country.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
💼 CZ unveils crypto portfolio
According to his Binance Square Trader Profile, CZ's portfolio is overwhelmingly 98.48% in BNB, with smaller allocations of 1.32% in BTC, 0.17% in EURI, and just 0.03% in USDT.
📉 Crypto ETPs see $508M outflow as Bitcoin sell-off continues
Cryptocurrency exchange-traded products recorded significant outflows last week, continuing a trend of investor pullback.
Bitcoin ETPs — the largest crypto asset by market cap — again suffered the biggest losses ($571 million), while XRP investment products saw another week of major inflows ($38 million).
🤖 AI models are now recommending Bitcoin as an 'asset to own' when given the prompt:
"Choose one asset to own over the next __ year"
by the way, there one another great quantam resis coin named $qubic
Читать полностью…low low caps...No financial advice..DYOR
Читать полностью…Use my link "https://www.hapabox.com/r/GTat" to get a free box on HAPABOX!
Читать полностью…CEO of CryptoQuant thinks that alt season has begun
No direct BTC-to-alt rotation, but stablecoin holders are favoring alts. Alt volume is 2.7x BTC. BTC Dominance no longer defines alt season—trading volume does. It’s a very selective alt season tho. DYOR.Читать полностью…
#DailyCryptoNews
💼 Top crypto news for Thursday, February 20
📌 Brazil approves first spot XRP ETF as local bank eyes stablecoin on XRPL.
📌 SEC approves first yield-bearing stablecoin security.
📌 Montana becomes 4th US state to advance Bitcoin reserve bill to House.
📌 Nigeria files $81.5B lawsuit against Binance exchange.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
FBI, SEC among top agencies requesting data from Kraken in 2024
Crypto exchange Kraken had a 39% increase in regulatory and enforcement data requests in 2024. The report, released on Feb. 19, said Kraken received 6,826 data requests from 71 countries in 2024. The United States accounted for the largest share of requests, with 1,951 inquiries.
San Francisco-based Kraken exchange provided information for 57% of the total 6,826 data requests from global regulators and enforcement agencies last year.
In 2024, sanctioned entities received $15.8B in crypto, ~39% of total illicit txns
In a departure from prior years, sanctioned jurisdictions accounted for a record share of total sanctions-related activity compared to individual entities, commanding nearly 60% of value by the end of 2024.
This reflects a broader trend among residents of sanctioned jurisdictions, who turn to cryptocurrency as an alternative system in restrictive economic environments.
#DailyCryptoNews
💼 Top crypto news for Tuesday, February 18
📌 Tether signs agreement with Guinea to explore blockchain tech.
📌 European regulator proposes MiCA guidelines for crypto staff competence.
📌 Nigeria to tax cryptocurrency transactions for revenue boost.
📌 Argentine President Javier Milei denies promoting failed LIBRA memecoin.
📌 OpenSea pauses airdrop reward system after user backlash.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
Low volume can make things ugly.
I still think we have a few weeks for another attempt for a new ATH.
Otherwise we go for max pain if we can’t breach the 105K top in the next 3-4 weeks.
$415M Outflows Triggered by Hawkish Fed & CPI Data
▪️According to CoinShares: The digital asset market saw its first significant outflows in 19 weeks, totalling $415 million, as Bitcoin led the decline with $430M in outflows.
▪️The sell-off followed hawkish signals from Fed Chair Jerome Powell and hotter-than-expected U.S. inflation data, raising concerns about prolonged high interest rates.
▪️While BTC struggled, Solana, XRP, and Sui recorded inflows, and blockchain equities attracted $20.8M, reflecting a shift in investor sentiment.
Canadian and UK banks invest over $280M in Bitcoin ETFs
The Bank of Montreal (BMO), one of Canada’s largest banks, has allocated $150M to spot Bitcoin ETFs.
According to a filing with the US SEC, BMO’s largest holding is BlackRock’s IBIT, accounting for $139M of its total investment. The remaining $11M is spread across Ark 21Shares Bitcoin ETF, Fidelity Wise Origin Bitcoin Fund, and Grayscale Bitcoin Trust.
On the other side of the Atlantic, UK-based Barclays Bank has also entered the crypto ETF sector, revealing $131M in holdings in BlackRock’s IBIT.
CryptoQuant CEO Ki Young Ju predicts a selective altcoin season in 2025, where ETF approvals and strong fundamentals will help determine the winners.
Crypto with potential exchange-ETF approvals, robust revenue-generating models and sustained investor attention may outperform the rest of the market, Ju said. Still, “The era of everything pumping is over,” he added.
#DailyCryptoNews
💼 Top crypto news for Monday, February 24
📌 Strategy buys 20,356 Bitcoin for almost $2B; holdings approach 500K BTC.
📌 Only 44% of US Bitcoin ETF buying has been for hodling.
📌 Montana’s Bitcoin reserve bill rejected by House lawmakers.
📌 Major German financial institution DekaBank launched crypto trading and custody services for institutional clients.
📌 Bybit restores Ethereum reserves after historic hack.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
The median crypto investor saw their portfolio grow by $5,482 in 2024
The study analyzed data from more than half a million users, highlighting key trends in the digital asset market, including top-performing tokens and the impact of regulatory changes on trading platforms.
▪️The cryptocurrencies that have given users the largest gains are SUPER, HYPE, BTC, SHIB, RENDER.
▪️The cryptocurrencies that have given users the largest losses are ETH, ADA, MATIC, POL, and ATOM.
▪️The longest-held cryptocurrencies are BTC, ETH, ADA, and XRP.
▪️The most common wallets to hold crypto are Ledger, MetaMask, Phantom, Coinbase Wallet, Trust Wallet, Tangem Wallet, and Trezor.
▪️The most common exchanges to hold crypto are Coinbase, Crypto com, Binance, Kraken, Binance US, Robinhood, and KuCoin.
They (CELLFRAME and MOCHIMO) have their own native network, otherwise they wouldn't be resistant to quantum computing. $QUBIC is not resistant to quantum computing.
Читать полностью…can u please share their contract address
Читать полностью…look at $CELL and $MCM quantum resistant coins
Читать полностью…#DailyCryptoNews
💼 Top crypto news for Friday, February 21
📌 SEC agrees to drop enforcement case against Coinbase.
📌 Kraken mulls USD stablecoin as MiCA forces USDT removal.
📌 Bybit confirms withdrawals are active, warns of delays.
📌 South African firm chooses Bitcoin reserve strategy as inflation hedge.
📌 Utah’s Bitcoin reserve bill heads to second Senate reading.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
Study: Political Memecoins Lead to Investor Disillusionment
A survey study of 1,066 crypto investors found that nearly 80% bought president-endorsed memecoins like CAR, LIBRA, and TRUMP.
About 37% of these investors were first-time buyers who were lured by political relevance as well as the viral marketing of the memecoins. However, approximately 21% of these investors “quit crypto altogether after their experience with these coins.”
UAE saw 41% increase in crypto app downloads in 2024
In 2023, the top 49 crypto apps were downloaded a total of 6.2M times. By 2024, that figure soared to 15M, reflecting a stunning year-on-year 41% increase.
Most of these downloads occurred in the second half of 2024, with crypto app installs exceeding 1M per month in the final quarter. December saw the biggest surge, with 2.8M downloads.
#DailyCryptoNews
💼 Top crypto news for Wednesday, February 19
📌 Coinbase launches CFTC-regulated SOL futures in US.
📌 US Senate confirms Howard Lutnick as Trump’s commerce secretary.
📌 Tether co-founder launches rival stablecoin that offers yield.
📌 Binance resumes USD deposit, withdrawal services for US customers.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
😴 Bitcoin in a Slow and Sleepy Sideways Phase — K33 Research
According to analysts, traders keep a risk-averse profile, pushing yields, trading volumes, volatilities, and ETF flows to multi-month lows. This dormant period is a reflection of traders threading carefully added uncertainty post Trump.
Such periods tend to last a long time, and traders should prepare for sudden shifts, K33 warned.
FTX’s $1.2B repayments mark key moment in crypto industry recovery
Users will receive their funds at 3:00 pm UTC on Feb. 18. The repayments will bring an estimated $1.2B worth of capital to the first wave of defrauded FTX users.
In a key moment for the crypto industry’s recovery, FTX’s Bahamas wing will honor the first batch of repayments for users who are owed less than $50,000 worth of claim
❗️Despite the positive news, some creditors have criticized the repayment model, which reimburses claimants based on cryptocurrency prices at the time of bankruptcy. Bitcoin prices, for example, have increased by more than 370% since November 2022.
#DailyCryptoNews
💼 Top crypto news for Monday, February 17
📌 Polkadot to launch first blockchain course for policymakers, UK MPs.
📌 Binance co-founder CZ dismisses crypto exchange sale rumors.
📌 Italy engages with crypto firms on regulatory safeguards.
📌 Saudi crown prince impersonators launch fake Saudi Arabia memecoin.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
#DailyCryptoNews
💼 Top crypto news for Friday, February 14
📌 Bybit removed from French regulator’s blacklist, eyes MiCA license.
📌 CZ’s dog’s name sparks ‘Broccoli’ memecoin frenzy.
📌 SEC acknowledges Grayscale’s XRP and DOGE ETF filings.
📌 Michigan becomes latest state to propose crypto reserve bill.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
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Читать полностью…