Macroeconomic turning point drives Bitcoin to 100,000 USD, a 'boost' for Ethereum, PEPE, and Chainlink
$BTC The total value of the cryptocurrency industry continues to maintain above 3.1 trillion USD on Thursday, as the global financial market reacts to positive macroeconomic signals. Leading the surge is Bitcoin, unexpectedly breaking through to 100,000 USD after US President Donald Trump announced a historic trade agreement with the UK—paving the way for a series of similar agreements in the future.
OCC Opens the Door for US Banks to Provide Crypto Services
$BTC The Office of the Comptroller of the Currency (OCC) has just issued Interpretive Letter No. 1184, affirming that national banks and federal savings associations have the authority to buy/sell cryptocurrency assets at the request of customers, while also allowing the outsourcing of custody services and executing transactions for third parties. Permitted Service Scope
1. Custody & Trading: Banks can hold (custody) and execute the buying/selling of crypto, including stablecoins and other tokens, at the direction of customers.
I have heard some brothers, sisters, aunts, and uncles talking and happened to overhear that Payoneer is part of Pi Network, so I need to write this article right away. It is possible that during the search or casual understanding, one might misunderstand their relationship, trust issues.
1. Payoneer – An international payment platform based in New York, USA. ⭕️Definition: Payoneer is a company that provides online payment services, helping individuals and businesses conduct international transactions quickly.
Details of Proposed ETF Improvement with Staking Feature 1. Background & Objectives: ETFs in the crypto sector:
Cryptocurrency ETFs (Exchange-Traded Funds) allow investors to access digital assets indirectly through trading on stock exchanges, without having to directly manage or store the assets.
Staking features: Staking is the process of locking tokens to participate in securing and maintaining the operation of the blockchain network, thereby receiving staking rewards. Integrating staking into ETFs aims to bring double returns to investors:
Pi Network Warning: "Time Is Running Out, Act Now To Protect Your Pi Coins!"
The Pi Network development team has just announced that the deadline to complete KYC verification and transfer Pi to the Mainnet is February 28, 2025. Previously, the deadline was set for January 31, 2025, but was extended by one month to allow users to protect their Pi. Importantly, this extension does not affect the planned launch of the Open Network, which is scheduled for Q1 2025. This means that the Open Network could be deployed before or after February 28, but the extension allows users more time to complete the necessary steps.
The Boom of Tokenized Real Assets (RWA): A New Gateway for Blockchain Applications in Finance
In the context of the cryptocurrency market continuously evolving and deeply integrating into traditional financial sectors, tokenization of real assets (RWA) is becoming a prominent trend. This process not only helps digitize assets such as real estate, commodities, or securities but also opens opportunities for investors to experience the benefits of blockchain technology in accessing and trading physical assets.
Below is the analysis of the ETH/USDT chart (daily frame – 1D) on Binance, data provided by TradingView: 1. Overview of Market Structure Main trend: From around July 2024 to early 2025, ETH sharply declined from the peak around 4,500 USD to near 2,000 USD, indicating a medium-term downtrend. Current phase: After hitting the bottom around 2,000 USD, the price shows signs of recovery but remains below the strong resistance area (red zones) above.
Currently, there are several positive news related to Ethereum (ETH) that the community and investors are interested in:
Network Improvements & Protocol Upgrades: Ethereum continues to implement updates aimed at optimizing performance, reducing transaction fees, and increasing scalability. These improvements help ETH maintain its leading position in the decentralized finance (DeFi) sector and NFT applications. Support from strategic partners:
Overview analysis of Solana ($SOL) chart on 17/02/2025.
Currently, Solana (SOL) is trading on Binance at approximately $183.71, down $9.69 (equivalent to 0.0501%) compared to the previous session. Below is the current price chart of SOL:
Below is the candle chart analysis of SOL/USDT on Binance from the perspective of a trading expert: 1. Overview of Current Price Current price: Approximately $183.71 High price during the session: Approximately $193.69 Low price during the session: Approximately $181.05
Stablecoin Market Reaches New Record February 2025.
The stablecoin market has reached significant milestones, reflecting strong growth and increasing interest from the financial community. Below is an overview of notable developments:
1. Stablecoin market capitalization reaches a new record: On February 1, 2025, the total market capitalization of stablecoins surpassed $217 billion, setting an all-time high.
Pi Network delisted on numerous cryptocurrency exchanges.
Recently, some cryptocurrency exchanges announced the delisting of Pi Network (Pi) as an IOU before the project's expected official network launch on February 20, 2025. Below is a summary of the timeline and reasons for the delisting from several exchanges: 1. CoinW: Delisting date: February 13, 2025. Reason: To protect user rights ahead of the Pi Network's official network launch.
ON FEBRUARY 16, SOLANA REACHED TRADING VOLUME OF 20.2 BILLION USD
$SOL $BTC $BNB Recently, the Solana (SOL) ecosystem has witnessed many important events and developments:
1. Trading volume on decentralized exchanges (DEX) increased sharply: During the week ending February 16, 2025, DEXs on Solana recorded approximately $20.2 billion in trading volume, marking the fifth consecutive week of high volume. 2. Increased bridge activity: The total volume of assets transferred into Solana via bridges has surpassed $10.1 billion, up 114% year-over-year. Wormhole, in particular, is the most popular bridge, handling $7.3 billion of this total.
WHAT ARE THE EXCHANGES' REACTIONS TO THE ANNOUNCEMENT OF "OPENING THE NETWORK" OF PI NETWORK?
Following Pi Network's announcement of moving to Open Network phase on February 20, 2025, cryptocurrency exchanges have had diverse reactions:
1. Exchanges supporting listing: OKX and Bitget: Immediately after Pi Network's announcement, these exchanges opened the portal for users to deposit Pi coins, preparing for the official transaction scheduled for 3:00 p.m. on February 20, 2025 (Vietnam time). dantri.com.vn
ANALYSIS ARTICLE: PI NETWORK – POTENTIAL AND CHALLENGES
1. Introduction to Pi Network Pi Network is a blockchain project launched in 2019 with the goal of creating a cryptocurrency that can be easily mined on mobile devices. According to data from Pi Network’s official website, the project has attracted more than 60 million global users.
2. How Pi Network works Pi Network uses the Stellar Consensus Protocol (SCP) instead of the PoW (Proof of Work) mechanism like Bitcoin. This helps reduce energy consumption and expands accessibility to more users.