Michael Saylor’s Strategy is looking to raise another $2 billion via 0% convertible notes to purchase more Bitcoin, potentially adding to the firm’s 478,740 Bitcoin stash. Source link
Day: February 18, 2025
3 reasons why stablecoin growth thrives globally — Will US follow under Trump?
Stablecoin use in emerging markets soars despite the absence of crypto-friendly regulations and basic banking infrastructure. Will the US catch up to this trend? Source link
Traders eye SOL/ETH reversal amid memecoin fallout
The ratio of SOL to ETH is reversing course after reaching record highs in January amid memecoin scandals. Source link
SEC formally accepts Bitwise’s XRP spot ETF filing
Key Takeaways The SEC acknowledged Bitwise’s filing for a spot XRP ETF, starting a review that can last up to 90 days. The proposed ETF would give investors regulated access to XRP, the native asset designed for cross-border payments. Share this article The SEC acknowledged today a filing for a spot XRP ETF from Bitwise, marking the regulator’s formal review of the proposal. Cboe BZX Exchange submitted the proposal on February 6 to list and trade the Bitwise XRP ETF as a Commodity-Based Trust Share. With the acknowledgment now in…
Tether co-founder launches rival stablecoin that offers yield
The USP stablecoin will allow users to earn yield backed by bonds and other real-world assets. Source link
Milei’s meme coin advisor allegedly paid president’s sister
Key Takeaways Javier Milei’s crypto advisor allegedly influenced him through payments to his sister. The LIBRA token collapsed, with insiders extracting over $107 million in liquidity. Share this article Hayden Davis, co-creator of the LIBRA memecoin and CEO of Kelsier Ventures, allegedly sent messages months before the token’s collapse claiming he had control over Milei through payments to the president’s sister, Karina Elizabeth Milei, according to a CoinDesk report. “I send $$ to his sister and he signs whatever I say and does what I want,” Davis allegedly wrote in…
FTX announces next repayment round for May
The bankrupted crypto exchange started repaying its creditors on Feb. 18, over two years after its dramatic collapse. Source link
LIBRA memecoin scandal dings Solana’s image, but here’s the real reason why SOL is down
Solana price plummets as a drop in onchain activity, declining DApps TVL and looming SOL token unlocks approach. Source link
Grayscale launches Pyth investment fund
The fund claims to offer “higher-beta” exposure to the growth of the Solana ecosystem as Grayscale continues to expand its suite of single-asset crypto funds. Source link
Hong Kong explores gold tokenization to boost investment flexibility and security
Key Takeaways Hong Kong is exploring gold tokenization to enhance investment flexibility and security by integrating blockchain with physical gold. The Hong Kong region is focusing on integrating digital finance into the real economy and has licensed nine Virtual Asset Trading Platforms. Share this article Hong Kong is exploring gold tokenization initiatives to enhance investment flexibility and security by combining physical gold with blockchain technology, according to Paul Chan, Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region Government. The move comes as Hong Kong…