February, 2025

February, 2025

The Daily: Tether buys 8,888 BTC, several altcoins suddenly crash on Binance and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

Tokenized equities will dwarf stablecoins, says Kraken co-CEO Arjun Sethi
Kraken co-CEO Arjun Sethi said tokenized equities are going to be larger than stablecoins like Tether, with futures and options on top....

Bybit shutters NFT marketplace as institutional faith dwindles amid broad market decline
Many once-popular collections like Bored Ape Yacht Club no longer generate monthly trading volumes in the tens of millions of dollars....

Bio Protocol launches V1 upgrade to power DeSci research and boost BIO token utility
DeSci platform Bio Protocol has launched Bio V1 introduce a new DAO launchpad, improved AI agents, and fresh revenue streams....

Backpack kicks off FTX EU asset recovery process for customers
After acquiring FTX EU earlier this year, Backpack became responsible for distributing court-approved bankruptcy claims....

‘BitBonds’ pitched as solution to Trump’s budget-neutral bitcoin reserve strategy
Trump's March executive order to establish the reserve aligned closely with policy recommendations previously suggested by the think tank....

Eric Trump Endorses Bitcoin, Cites Debanking and Predicts Explosive Growth
Eric Trump, Executive Vice President of the Trump Organization and Chief Strategy Officer of American Bitcoin, has publicly endorsed Bitcoin, describing it as one of the greatest stores of value...

GameStop's $1.48 Billion from Convertible Notes to Fund Bitcoin Investment, Approved by Board
GameStop Corp...

NFT Marketplaces Shut Down Amid Declining Volumes
In the past two days, both X2Y2 and Bybit have separately announced that they will sunset their NFT marketplace businesses...

Senator Cynthia Lummis Proposes Bitcoin Act for U.S. Strategic Reserve to Acquire 1 Million BTC, Targeting 200,000 BTC Annually
Senator Cynthia Lummis has proposed the BITCOIN Act, which aims to establish a Strategic Bitcoin Reserve for the U...

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