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🔴Bitrue Crypto News
February 28, 2025.
1️⃣.Market Hotspots
• SEC Drops Coinbase Lawsuit: The SEC has dismissed its case against Coinbase with prejudice, marking a significant legal win for the exchange and the crypto industry.
• House Democrats Propose MEME Act:A proposed bill seeks to ban public officials from endorsing memecoins, affecting figures like Trump and his $TRUMP token.
• Michael Saylor Meets U.S. Lawmakers: The MicroStrategy co-founder engaged with the House Financial Services Committee to discuss making the U.S. a leader in Bitcoin and crypto adoption.
• Ripple Expands Institutional Custody in South Korea: Ripple has partnered with BDACS to provide institutional-grade custody solutions for XRP and RLUSD.
• Trump Confirms Tariffs on China: Trump has reaffirmed that a 10% tariff increase on Chinese imports will take effect on March 4, heightening economic tensions.
➡️ Join the Bitrue English Community
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February 28, 2025.
1️⃣.Market Hotspots
• SEC Drops Coinbase Lawsuit: The SEC has dismissed its case against Coinbase with prejudice, marking a significant legal win for the exchange and the crypto industry.
• House Democrats Propose MEME Act:A proposed bill seeks to ban public officials from endorsing memecoins, affecting figures like Trump and his $TRUMP token.
• Michael Saylor Meets U.S. Lawmakers: The MicroStrategy co-founder engaged with the House Financial Services Committee to discuss making the U.S. a leader in Bitcoin and crypto adoption.
• Ripple Expands Institutional Custody in South Korea: Ripple has partnered with BDACS to provide institutional-grade custody solutions for XRP and RLUSD.
• Trump Confirms Tariffs on China: Trump has reaffirmed that a 10% tariff increase on Chinese imports will take effect on March 4, heightening economic tensions.
🔴Bitrue Crypto News
February 28, 2025.
1️⃣.Market Trends
• Bitcoin Drops Below $80K: Bitcoin has fallen under $80,000 for the first time in over three months, raising concerns about short-term market sentiment.
• Bitfinex Whale “Spoofy” Accumulates More BTC: The well-known whale purchased 4,000 BTC during the recent dip. Previously, he acquired 24,000 BTC earlier in 2024 and sold between $70K–$108K.
• Metaplanet Expands Bitcoin Holdings: The Japanese investment firm is raising ¥2 billion ($13M) to increase its Bitcoin reserves, reinforcing its bullish outlook on BTC.
• Ethereum Layer-2 Growth: Starknet has launched its first gaming app-chain, signaling increasing adoption of Ethereum’s Layer-2 solutions, particularly in blockchain gaming.
• Tokenization Gains Momentum: Real-world asset (RWA) tokenization is reshaping investment strategies by increasing liquidity and accessibility.
➡️ Join the Bitrue English Community
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February 28, 2025.
1️⃣.Market Trends
• Bitcoin Drops Below $80K: Bitcoin has fallen under $80,000 for the first time in over three months, raising concerns about short-term market sentiment.
• Bitfinex Whale “Spoofy” Accumulates More BTC: The well-known whale purchased 4,000 BTC during the recent dip. Previously, he acquired 24,000 BTC earlier in 2024 and sold between $70K–$108K.
• Metaplanet Expands Bitcoin Holdings: The Japanese investment firm is raising ¥2 billion ($13M) to increase its Bitcoin reserves, reinforcing its bullish outlook on BTC.
• Ethereum Layer-2 Growth: Starknet has launched its first gaming app-chain, signaling increasing adoption of Ethereum’s Layer-2 solutions, particularly in blockchain gaming.
• Tokenization Gains Momentum: Real-world asset (RWA) tokenization is reshaping investment strategies by increasing liquidity and accessibility.
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