@Rosseti, Russia’s electric grid operator, is exploring crypto mining to utilize electricity from underused power plants, potentially boosting revenues through nationwide mining centers. #Update #Crypto (+3) ↗
@21Shares has filed a proposal through Cboe BZX Exchange for in-kind creation and redemption of its Bitcoin and Ethereum ETFs, aiming to enhance efficiency and liquidity. This follows Nasdaq’s similar filing for BlackRock’s iShares Bitcoin Trust. #Update #ETF $BTC (+4) ↗
Elon Musk, appointed by President Donald Trump to lead the Department of Government Efficiency (DOGE), proposes blockchain for tracking federal spending and securing data, aligning with Trump’s crypto-friendly policies. #Update #Crypto $DOGE (+7) ↗
Ripple’s $XRP has surged to $2.88 amid increased attention following a satirical post by finance expert Rajat Soni, who critiqued its centralization and marketing tactics. Despite criticism, XRP remains a top-performing asset in 2024. #Update #Crypto $XRP (→ 0)
Dormant bitcoins from 2012-2017 were reactivated, moving millions, while @santimentfeed notes a rise in wallets holding 100-1,000 $BTC. This activity suggests a quiet accumulation by whales. #Update #Crypto $BTC (+3) ↗
@MicroStrategy filed a shelf registration with the SEC to enhance financial flexibility for future Bitcoin purchases, planning to issue Series A Perpetual Preferred Stock with a $100 per share liquidation preference. #Update #Crypto $MSTR (+5) ↗
@Travala.com is in talks with potential buyers after an unsolicited takeover approach, with @BookingCom passing on acquisition. Binance, a significant stakeholder, will influence any deal. Travala’s revenue exceeded $100M last year. #Update #Crypto $AVA (+3) →
@Berachain has raised over $100M to develop its EVM-identical, proof-of-liquidity blockchain, with its mainnet launch anticipated soon. Users can engage via pre-deposit vaults and testnets to earn rewards like BERA tokens. #Update #Crypto $BERA (+6) ↗
Bitcoin dipped below $100,000 amid concerns over China’s Deepseek technology, with @QCPInsights noting a strategic Bitcoin reserve is crucial for a rebound above $110,000. Other risk assets also declined as market unease spread. #Update #Crypto $BTC (-3) ↘
The U.S. House Committee on Oversight and Government Reform is investigating alleged debanking in the crypto industry, sending letters to CEOs of @Uniswap, @Coinbase, and Kraken, citing concerns about regulatory overreach. #Update #Legal (+6) ↗
Crypto strategist Ali Martinez suggests $BTC and $ETH have growth potential before a bearish cycle, using the Mayer Multiple and MVRV metrics. Currently, $BTC is at $98,772, and $ETH at $3,072. #Update #Crypto $BTC (+3) ↗
@Ripple has secured Money Transmitter Licenses in New York and Texas, enhancing its US presence with over 50 licenses nationwide. Ripple’s payments business processed $70 billion, doubling last year with new North American clients. #Update #Legal $XRP (+5) ↗
@Tether_to, @trondao, and @trmlabs froze $26.4M in a major European money laundering crackdown with Spain’s Guardia Civil, showcasing blockchain’s role in combating financial crime. #Breaking #Legal $TRX (+9) ↗
@HumanityProtocol has raised $20 million, boosting its valuation to $1.1 billion, co-led by Pantera Capital and Jump Crypto. The funds will accelerate the Proof of Humanity mechanism development. #Update #Crypto (+3) ↗
