What happened in Crypto in the last 12h:
- $BTC Touches $91,000
- MSTR Buys 20K $BTC
- SBF is Back $FTT
- Trump Says Tariffs on Canada, Mexico Going Forward
- Wintermute Withdraws $38M SOL from Binance
- Bybit Hackers Laundered About 18%
- SEC Ends Robinhood Crypto Investigation
- $JUP Expected to Announce on Tuesday
- $VANA + YZi Labs (Binance Labs) Investment
- $ENA Raises $100M Private Sale
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• $BTC - Bitcoin has dropped along with US stocks, touching 91K. This has resulted in the Crypto Fear & Greed Index hitting its lowest level since August of last year.
• $BTC - Strategy purchased an additional 20,356 BTC (~$1.99B) at an average price of $97,514 per $BTC. Strategy also completed a $2B offering of convertible notes.
• $FTT - Sam Bankman-Fried (SBF) posts on the X channel after two years. The FTX token, $FTT, is reacting to this and rising.
• Trump has said he will impose tariffs on Canada and Mexico starting March 4, when the one-month moratorium ends.
• $SOL - Wintermute withdrew $38.2M $SOL from Binance ahead of a $2B token unlock, raising concerns over selling pressure as market sentiment worsens.
• According to @EmberCN, the Bybit hackers worked quickly and laundered 89,500 ETH in just 2.5 days, which is 18% of the total 499,000 ETH stolen, with the remaining assets expected to be laundered in the next 15 days.
• The U.S. SEC has ended its investigation into trading platform Robinhood Crypto "with no action," the company said in a statement.
• $JUP - Jupiter will be announcing all of its major work, including the next major steps for Jupiverse, Jupiter, and $JUP, at the JUP Rally on Tuesday at 3:30pm UTC.
• $VANA - Vana announced that VZi Labs (formerly Binance Labs) has made a strategic investment in Vana and that Binance founder CZ has joined Vana as an advisor.
• $ENA - Ethena announced that it has raised $100M in funding, with participation from Franklin Templeton, F-Prime Capital, Dragonfly Capital, Polychain Capital, Pantera Capital, and others.