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Senator Lummis (@SenLummis): “Having #Bitcoin in reserve can help keep the US dollar strong.”
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🎲 #Binance has launched $RED /$USDT trading pair at 18:00 (UTC+8) on February 28, 2025 for #RedStone , the revolutionary oracle reshaping #DeFi data! Why $RED is disrupting the oracle space: ➡️Modular architecture offering unmatched flexibility compared to Chainlink ➡️Both "push" & "pull" data models allowing custom implementation ➡️Supports 60+ blockchains including EVM & Solana ecosystems ➡️Demonstrated superior performance during the Renzo (ezETH) depeg event ➡️EigenLayer AVS integration providing enhanced security with lower costs ➡️Dramatically reduced gas fees through off-chain computation Already powering major protocols like #Ether.Fi & Renzo with real-time price feeds while costing a fraction of traditional oracles.
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Midday News Update #Web3 🌊 #Solana Co-founder on BTC: Toly describes Bitcoin as "insurance" not investment, worth "1% of wealth" against superpower collapse. States BTC's value is unrelated to price and relies on original innovation. 🚀 #Movement Labs Update: Co-founder Rushi Manche confirms internal public mainnet launch, with official release pending completion of Gnosis Safe security process with bridge partners. 📉 $ETH ETF Outflows Continue: $41.82M net outflow recorded on Feb 28, with Grayscale's ETHE contributing $11.66M. Total ETH ETF assets now $8.06B, representing 3.02% of Ethereum's market cap. 🇮🇳 India Crypto Crackdown: CBI seizes $2.75M in cryptocurrencies during nationwide Gainbitcoin scam raids across 60+ locations in major cities from Feb 25-26, 2025. 📈 $TRUMP Token Surges: Price breaks 14 USDT with 21.76% 24-hour gain following Trump Organization's trademark application for metaverse and #NFT trading platform. #solana #ETH #etf #India #TRUMP
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📊 ETH ETF UPDATE: $41.82M net outflows on Feb 28 1️⃣ Total Ethereum spot ETF outflows reached $41.82M yesterday 2️⃣ Grayscale's #ETHE saw $11.66M in outflows (total historical outflows now at $4.075B) 3️⃣ Grayscale's ETH Mini Trust had $0 outflows (maintaining its $605M total historical inflows) Despite recent outflows, Ethereum ETFs collectively manage $8.06B in assets, representing 3.02% of ETH's total market cap. Historical cumulative inflows remain positive at $2.82B, showing continued institutional interest despite short-term fluctuations. #EthereumETF #CryptoMarket #InstitutionalCrypto
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🚨 BREAKING: White House and President Donald Trump to host historic FIRST-EVER Crypto Summit on Friday, March 7 🚨 The groundbreaking event will bring together: 1. Top industry CEOs 2. Leading crypto investors 3. Presidential Working Group on Digital Assets members including David Sacks and Bo Hines This marks a significant shift in US crypto policy under the new administration. What regulations and initiatives might emerge from this landmark summit? Stay tuned for updates! #CryptoSummit #TRUMP #whitehouse
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Morning News Update #Web3 🏛️ U.S. State Reserves First: Wyoming Senator Lummis predicts state-level BTC reserves will precede federal implementation, citing insufficient congressional support. 📉 Solana Memecoin Slowdown: Daily issuance drops to 40,000, reaching the lowest level since December 25, 2024. 🇺🇸 Trump Crypto Summit Announced: President to address first White House Crypto Summit on March 7, hosted by Digital Asset Czar David Sacks with industry leaders. 🇺🇦 Ukraine Crypto Regulation Advances: Parliament to vote on legalization bill with tax rates under debate (5-10% vs standard 23%). Final framework expected by mid-2025. 🌵 Arizona Passes Dual Crypto Bills: State Senate approves Strategic Digital Asset Reserve Act (17-12) and Strategic Bitcoin Reserve Act (17-11), enabling state treasurer to manage crypto investments. #solana #MEME #ukraine #Arizona #BTC
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