Stablecoins
Legislation
Czech Central Bank to pursue studying Bitcoin reserves despite ECB opposition
Following recent reports, the CNB officially started a push to establish a Bitcoin reserve.
Legal
Sam Bankman-Fried’s parents reportedly eye Trump pardon for jailed son
Although SBF's parents are trying the same path as Ross Ulbricht, the FTX co-founder has way less support.
Stablecoins
Ripple’s RLUSD stablecoin crosses $3 trillion in trading within a month
After its exchange debut, RLUSD became the fourth-largest stablecoin by trading volume.
Exchanges
CME Group to introduce options on Bitcoin Friday futures starting Feb. 24
CME goal is to offer more tools for traders looking to hedge against Bitcoin's volatility.
Macro
Fed Chair Jerome Powell says banks can serve crypto clients if risks are managed adequately
The brief mention to the relation between banks and crypto was enough to make Bitcoin rebound 3.3%.
Exchanges
Binance and OKX lose ground in market share over 2024, while Crypto.com records growth
Crypto.com spot volume had the largest growth in 2024, as the year closed with a new monthly trading volume peak.
Exchanges
Coinbase strengthens ties to Washington with Trump campaign manager, ex-senator on advisory board
The nominations come as Coinbase is boosted by favorable regulatory and legal tailwinds.
Memecoins
User mints 18,000 tokens on PumpFun, nets $3.8 million in profits
Coinbase director Conor Grogan suspects that creating tokens on Pump.fun is a profitable strategy, while an X user call it "rug farm."
ETF
Bitwise files Dogecoin ETF proposal, Cboe files Solana ETF applications for the third time
The move was expected by the market, as Bitwise registered a DOGE trust last week.
ETF
Memecoin ETF proposals raise eyebrows in serious investment circles
Nate Geraci stated that offering memecoin-tied ETFs could be detrimental to an issuer's image.
Legislation
South Dakota and Kentucky lawmakers to propose Bitcoin reserve legislation
Representatives from both states publicly stated their forthcoming efforts to introduce bills regarding a Bitcoin reserve.
Crypto
Trump’s WLFI adds MOVE to portfolio amid reports of Movement Labs’ discussions with Elon Musk
MOVE price jumped up to 27% in the past 24 hours amid the news and its devnet deployment.
