Month: February 2025

Cboe BZX proposal seeks to allow 21Shares’ Ethereum ETF to be pledged

On February 13, TheBlock reported that Cboe BZX Exchange submitted a revised proposal to allow 21Shares Core’s Ethereum ETF to be pledged, and is currently awaiting further action from the U.S. Securities and Exchange Commission (SEC). The document stated: “Based on discussions with the issuer, Cboe BZX proposed to amend some provisions of the Ethereum …

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Tesla’s Bitcoin profit in Q4 2024 reached $600 million, and it currently holds 11,509 BTC

On February 11, Cointelegraph disclosed that Tesla’s Bitcoin profit in Q4 2024 reached $600 million, thanks in part to new accounting rules that allow companies to record the market value of their digital assets. Cryptocurrency industry executives said the new accounting rules bring new opportunities for companies seeking to use digital assets as collateral to …

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Bitwise CEO: Meme coins create a liquid global market and will exist for a long time

On February 10, Bitwise CEO Hunter Horsley posted on X: “Meme coins will exist for a long time. They are not Bitcoin. So what are they? As an analogy, what is a signed baseball? What is the merchandise of your favorite band? What is your “Harvard” brand hat? What is a limited edition gold coin? …

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Federal Reserve Monetary Policy Report: Plans to Stop Balance Sheet Reduction at the Right Time

On February 8, the Federal Reserve released its semi-annual monetary policy report, which mentioned that the Federal Reserve continued to significantly reduce its holdings of U.S. Treasury bonds and agency securities in a predictable manner. Since June 2024, the Federal Reserve has reduced its holdings of $297 billion in securities, and its securities holdings have …

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About SCP

Currency overview SCP is a fictional cryptocurrency inspired by the stories and mythos of the SCP Foundation, an online collaborative writing project that revolves around the containment of supernatural and paranormal phenomena. SCP Coin is imagined as a digital currency utilized within the SCP Foundation and by associated entities to streamline financial transactions, enhance security, …

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Musk’s DOGE department is developing a government-specific AI chatbot GSAi

On February 7, according to Wired, Musk’s Department of Government Efficiency (DOGE) is developing a customized generative AI chatbot GSAi for the General Services Administration (GSA) of the U.S. federal government. The project aims to improve the daily work efficiency of about 12,000 GSA employees and use chatbots and other AI tools to analyze large …

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New York Post: Ripple co-founder, Circle CEO and other industry executives may join Trump’s crypto advisory board

On February 7, according to the New York Post, potential candidates for Trump’s crypto advisory board have been revealed. These industry executives include former Kraken general counsel Marco Santori, Ripple co-founder Brad Garlinghouse, podcast host Frank Chaparro, Circle CEO Jeremy Allaire, Coinbase CEO Brian Armstrong and Crypto.com CEO Kris Marszalek. This list does not list …

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