Next Week in Crypto: Key Events to Watch (Feb 17th - Feb 23rd, 2025) 🗓

Next week features a suit of important events — from major token unlocks to critical US economic data and ETHDenver. Here’s what to keep on your radar:

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🔐 Token Unlocks
#unlock #tokenunlocks #UpdateAlert #AirdropAlert
- February 17 – APE Unlock
   
ApeCoin (APE) will unlock 15.60 million tokens, valued at approximately $11 million, representing 2.16% of its circulating supply.
   
- February 21 – IMX Unlock
   
Immutable (IMX) will unlock 24.52 million tokens, worth approximately $20 million, representing 1.41% of its circulating supply.
   
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📊 Key US Economic Data Releases

- February 19 – FOMC Meeting Minutes
- February 20 – Initial Jobless Claims

With last week’s most important inflation measure—the CPI—coming in higher than market expectations, traders are now pricing in the likelihood that a 25 basis-point rate cut won’t materialize until September at the earliest.

Looking ahead, next week’s spotlight will be on the FOMC meeting minutes, which markets will closely scrutinize for any additional insights into the Fed’s economic outlook and future policy stance—especially details that may not have been fully highlighted during the January FOMC meeting.

Next up is the Weekly Initial Jobless Claims report. While this data point alone typically isn’t decisive enough to sway markets, lower-than-expected claims would signal a resilient job market, supporting the case for fewer rate cuts in 2025—a scenario that could weigh on market sentiment. On the flip side, higher claims could indicate a weakening labor market, potentially increasing the odds of rate cuts, which markets would likely view as bullish.

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📌 Important Events
#ETH
- February 23 — ETHDenver

At ETHDenver 2025, starting on February 23, numerous leading crypto projects will host side events, potentially unveiling significant announcements. If you hold ETH or tokens from projects within its ecosystem, this is a key event to watch.

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That’s all for next week’s key events! Stay tuned, and we’ll be back with more updates in the next roundup.

🔔 MARKET MOVING NEWS! (14/02/25)

1️⃣ Michigan Becomes Latest State To Propose Crypto Reserve Bill ‼️

The state of Michigan has reportedly become the latest US state to propose a strategic Bitcoin reserve bill. Specifically, House Bill 4087 proposed by Michigan state representatives Bryan Posthumus and Ron Robinson, seeks to allow the state’s treasurer to invest in crypto from both the general fund and economic stabilisation fund with a cap of 10%.

The bill also includes a provision that allows the state treasurer to lend crypto for yield if it doesn’t increase “financial risk to the state.” Although it doesn’t specify any guidelines for what cryptocurrencies can be bought for the reserve, it mandates the state to hold crypto directly through secure custody solutions or exchange-traded products from registered investment companies. This makes Michigan the 20th US state with legislation for state crypto investments pending a vote.

2️⃣ OpenSea Foundation Reveals Token Airdrop for NFT Traders 💰
#AirdropAlert
According to a recent tweet by the OpenSea Foundation, NFT marketplace OpenSea is preparing for the launch of its native token “SEA.” The tweet claims the token will be airdropped to active, loyal, and historical users of OpenSea’s NFT marketplace and its Seaport protocol.

Although OpenSea is yet to provide more specific details about the token launch and allocation, a spokesperson for the OpenSea Foundation confirmed to Decrypt that users will not be required to complete know your customer (KYC) verification and that U.S. users will be eligible to participate in the airdrop.

#Airdrops_free

3️⃣ Metaplanet Raises 4B JPY In 0% Interest Bonds To Buy More BTC 💸

Japanese firm Metaplanet Inc. has reportedly raised ¥4 billion ($25.9 million) through the issuance of zero-interest, unsecured and unguaranteed bonds. The firm stated it would use the funds to increase its BTC holdings. Specifically, Metaplanet plans to acquire 10,000 BTC by Q4 2025. This would cost $957 million at current prices. It also stated that it wants to increase its holdings to 21,000 BTC by the end of 2026. These plans hint at aggressive purchases in the coming months. As of Jan 28th, the company held approximately 1,762 BTC.

4️⃣ SEC Moves Forward With Weighing Proposals For Grayscale's XRP And Dogecoin ETFs ⚡️
#SEC
The US Securities and Exchange Commission (SEC) has reportedly acknowledged crypto asset manager Grayscale’s Form 19b-4 filings for the Grayscale XRP Trust and the Grayscale Dogecoin Trust. For context, a 19b-4 filing is the second part of a two-step process for proposing a spot crypto ETF. Once the SEC acknowledges the filing, it will be published in the Federal Register. Once Grayscale’s filings are submitted to the SEC’s federal register, this begins a 240-day timer for the agency to review and decide on whether to approve, disapprove or "institute proceedings" on the applications.

5️⃣ GameStop Is Considering Investing In Bitcoin And Other Cryptocurrencies: CNBC 🔍
#gamestop
According to a CNBC report, video game retailer turned meme stock GameStop is considering investing in BTC and other cryptocurrencies. The report cited “sources familiar with the matter.”  The share price of GameStop rose by as much as 20% in after-hours trading following the news. The report also caveated that the retailer could decide not to follow through with the investments.

6️⃣ Court Grants 60-Day Pause in Binance, SEC Dispute ▶️

A U.S. district judge has reportedly granted a 60-day pause in the ongoing legal battle between global crypto exchange Binance and the U.S. Securities and Exchange Commission. The 60-day stay gives Binance and the SEC a break from immediate legal proceedings and allows both parties time to assess new regulatory developments. The temporary stay will last until April 14, 2025, at which point they must submit a joint status report. The joint request for a delay was filed on Monday, with both Binance and the SEC citing the establishment of a new SEC crypto task force as the primary reason.

🚨 Yescoin Team Official Statement 🚨

Dear Yescoin Community,

We would like to express our deepest gratitude to the countless supporters who have stood by us during this challenging time and provided critical evidences - especially those who were once deceived but now see the truth. Your vigilance and unity are what make our community unbreakable! 🙏✨

💡The Hidden Truth💡
This is a well-organized, carefully-planned scam set up by just a few scammers and several bought-up collaborators.😡

👉 They took advantage of the kindness in our community, and used lies to manipulate trust.
👉 They made up fake stories and documents to deceive partners and users.
👉 They stole profits in various ways, including tampering with data and code through technical means.

⚡️Our Actions⚡️
🔎 Evidence Collected. Justice in Motion.

✅ Comprehensive evidences have already been submitted to law enforcement authouries in multiple countries.
✅ Specific suspects have been identified, and legal action will be taken against those responsible for past and ongoing illegal activities.
✅ Defamatory posts and false statements are being legally documented for prosecution.

⚠️Final Warning to All Scammers:

🚫 Stop spreading lies!
🚫 End all illegal acts!
💢 Return all ilegally gains!

‼️To Scams Collaborators‼️
⚠️ Watch out for the scammers' lies! Stop working with the scammers immediately! Delete false statements and cooperate with the official team in gathering evidence, in order to avoid greater legal consequences!
📢 We will launch a dedicated portal for anyone with information to report scams and submit evidence. The official team will provide direct reward to those who provide valid evidence. 💰
$TON
Every Lie, Every Threat, Every Illegal Act Will Be Documented and Held Accountable 💣if persisting on this reckless path💥.