🇺🇸👀 #BTC Now, after Donald Trump's announcement of creating a cryptocurrency reserve, Eric Trump is boasting about insider knowledge and advising to HOLD

🇺🇸👀 #macro US:
- S&P Manufacturing PMI (Feb): 52.7 (pre: 51-2);
- ISM Manufacturing PMI (Feb): 50.3 (pre: 50.9)

Kraken Says SEC Agrees to Drop Lawsuit Against Crypto Exchange WSJ: BBG

🤝👀 #SNX #ENA Synthetix is collaborating with Ethena to develop a new steaking mechanism

🗽🙅‍♂️ SEC will dismiss all court cases against Kraken

🇺🇸🕹 FOX: House Republicans have teamed up to launch a bipartisan "Congressional Crypto Caucus" initiative aimed at pushing cryptocurrency-friendly policies in the lower chamber of Congress.

Strategic Shitcoin Reserve (Sad!)

🕵️‍♂️ 564,472,664 #USDC transferred to Coinbase

🇺🇸😀 Congressman Brandon Gill introduces bill to put President Trump on the $100 bill.

📈 February saw the largest net stablecoin inflow to exchanges on record, driven primarily by heightened volatility and the covering of leveraged positions.

🆕👀 #RED Coinbase International Exchange will add support for RED (RedStone) on the pre-launch market.

Hold On For Dear Life

"This house was $1.4 million 4 years ago. Now it's $2.1 million... It was 300 bitcoin 4 years ago. Now it's 22 bitcoin. In 4 years, this house will be 2 bitcoin... it's a really bad store of value compared to Bitcoin." - @JeffBooth w/ @WalkerAmerica

🇺🇸🤖 #AI Trump and TSMC to announce $100 billion investment in U.S. chip plants - theinformation

🤝 #VET UFC head Dana White has signed a sponsorship deal with VeChain

😨💸 Coinglass: Liquidated >$200 million in last 4 hours (>$630 million in 24 hours)

📊⛏️ #BTC Public mining companies are clearly subject to the cyclicality of the crypto market. Their market capitalization declines during a bear market and rises during a bull cycle.

Thus, mining companies essentially operate a seasonal business, though the seasonality is driven not by the calendar but by Bitcoin’s market cycles.

📈👀 MARA: Our energized hashrate grew 115% year-over-year from 24.7 exahash last year to 53.2 exahash at the end of 2024.

💰 The biggest Fundraising Rounds conducted in February

Companies that received the most funding are Bitwise ($70M), a cryptocurrency asset advisory & management company, Raise ($50M), a​​ digital gift card app, and HashKey Group ($30M), a financial services group.

📉🤔 #BTC CME gap closed. Now expecting the CME gap at $77k to be filled.

🇺🇸🐶 #DOGE #ETF Bitwise files for Dogecoin ETF with NYSE