Market Update: BTC, BNB, and ETH Movements

🤔 BNB Flips SOL

By RugRadio Genesis NFT
Feb 17, 2025, 6:21 PM
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  • Bitcoin dips to $94,000 following CPI data release

  • BNB achieves significant milestone, surpassing Solana's market capitalization

  • Ethereum Foundation makes notable movement, deploying 30,800 ETH

  • Vitalik Buterin makes headlines with satirical post about communism

  • Solana's Telegram bots showing competitive performance against Ethereum's revenue streams

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What's new? • Binance add perps: AI16Z, AIXBT, VIRTUAL, GOAT, FARTCOIN, ZEREBRO, GRIFFAIN • Fartcoin hits All Time High of $1.4B marketcap • XRP up 13% in the last 24 hours • Uniswap teases v4 is "coming soon" • Billionaire Kevin O’Leary says, “I’m long Bitcoin.”

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What did you miss over the weekend? • Crypto total market cap hits ATH • Gensler very likely to resign after Thanksgiving • BONK hits $5bn on record volume, briefly flips WIF • XRP breaks $1.3 on hope for regulatory shift • DOGE investors sue Elon for $248bn

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What's new? • Fidelity predictions nations will buy BTC in 2025 • Judge freezes SEC's lawsuit against Coinbase • XRP ETF could soon be a reality: XRP President • BTC sell side liquidity at lowest level since 2018 • MicroStrategy plans $2bn capital raise to buy BTC

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What's new? • Trump delivers on crypto promise, frees Ross • SEC sets up crypto task force aimed at regulatory framework • AI sector rebounds 20% amidst $500B Stargate Project news • Coinbase would delist USDT if ordered to • Texas court reverses Tornado cash sanctions

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What's new? • Bitcoin reclaims $100K • Alts soar as Trump team buys ETH, LINK, AAVE • AI market cap approaches $10B as development accelerates • Pudgy Penguins reach a $100k floor for the first time • Phantom is now surfacing Pump Fun memecoins within minutes of launching

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What's new? • Bitcoin dips to $90.3K briefly, at $92K currently • Azuki NFTs jump after ANIME tokenomics released • $4.5B wiped out of AI sector over the weekend, leaders down 30-40% • Mango Markets shuts down post SEC settlement • BTC dominance rises, XRP outperforms

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Weekend! But Crypto never sleeps, here's what's new 👇 • Trump nominates pro-crypto Bessent for Treasury Sec • SEC Chair candidate Gullen says "Make Crypto Great Again" • DOGE hits new 3-year high • Alts see huge gains: XLM (+60%), ADA (+24%), AVAX (+20%), LINK (+14%)

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What's new? • Bitcoin closes highest yearly close in history • BBC reports on Elon Musks new "Kekius Maximus PFP" • Michael Saylor predicts $13 million per Bitcoin on FOX News • proposal to oblige the Swiss National Bank to hold Bitcoin is set in motion, pending signatures

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A lot has been happening recently • Trump wins US election in landslide, crypto soars • BTC smashes through $74,500 and makes new ATH • Gensler out, Ulbritch freed & new policy expected • VC funding at $860m in Oct, up 30% MoM • DeFi tokens biggest gainers on Trump victory

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Read more about RugRadio Genesis NFT

Stablecoin Giants Developing Layer-1 Blockchains

Major stablecoin providers are making strategic moves into blockchain infrastructure development. - **Tether**, the company behind USDT - **Circle**, issuer of USDC - **Stripe**, global payments processor These established financial technology companies are independently developing their own Layer-1 blockchain networks. This marks a significant shift in the stablecoin landscape, potentially offering new infrastructure options for digital payments and financial services. *Source: Tyler from FOMO Hour*

Treasury Secretary Bessent Calls for Rate Cut

Treasury Secretary Bessent has announced support for a 50 basis point interest rate reduction. The announcement was discussed on FOMO Hour with Tyler and LHitch, suggesting potential shifts in monetary policy. - Proposed cut: 50 basis points - Key figures: Treasury Secretary Bessent - Platform coverage: [@fomohour](https://twitter.com/fomohour) This development could signal changing economic priorities in federal policy.

Art Blocks Reaches Milestone with 500th Collection

Art Blocks, the generative art platform, has announced a significant milestone with their 500th collection launch. This achievement marks 5 years of continuous innovation in the generative art space. Key highlights: - 500 unique generative art collections released - 5-year journey milestone - Featured discussion on UnderExposedFM with Tyler_Did_It, DeeZe, and CSURAM88 This milestone represents both the culmination of Art Blocks' initial vision and the beginning of their next chapter in the generative art movement.

Brazilian Crypto Kidnapping Gang Arrested After $600K Bitcoin Ransom

Brazilian Crypto Kidnapping Gang Arrested After $600K Bitcoin Ransom

Brazilian authorities have apprehended four individuals accused of kidnapping a crypto trader's mother in a high-stakes ransom plot. The victim was held at gunpoint for 12 hours while the kidnappers demanded payment from her son, who resides in Portugal. Key details: - Ransom paid: 5 BTC (valued over $600,000) - Location: Brazil - Duration: 12-hour ordeal - Victim: Mother of Portugal-based crypto trader - Status: All 4 suspects now in custody [Read full coverage on Decrypt](decrypt.co/335475/brazilian-)

Crypto Market Update & Institutional Moves

Crypto Market Update & Institutional Moves

**Market Update:** - Major cryptocurrencies down ~5%, BTC trading at $117.3K - ETH ETFs continue strong performance with $639.4M inflows **Notable Developments:** - MetaMask launches travel card offering up to 60% off and 7% cashback - Hyperliquid reaches new ATH: $29B volume, $7.7B fees - Ether rock NFT sells for 135 ETH ($606K) **Institutional Moves:** - Google acquires 8% stake in Bitcoin miner TeraWulf - Citigroup exploring crypto custody services - Abu Dhabi SWF reveals $534M BTC ETF investment **Policy Updates:** - Lummis advances Bitcoin Act - US officials discuss budget-neutral BTC reserve acquisition

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