Avenir Group Solidifies Position as Asia’s Largest Bitcoin ETF Holder with $599 Million Stake
[PRESS RELEASE – Hong Kong, Hong Kong, February 20th, 2025] Hong Kong-based investment group Avenir Group has emerged as a major institutional player in the digital asset market, with its recent disclosure revealing a significant $599 million investment in Bitcoin ETFs. This strategic move not only underscores Avenir’s confidence in...
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Massive Pi Network (PI) Development: Here’s Where You Can Trade Your PI Tokens
TL;DR The launch of Pi Network’s Open Network has brought the PI token to exchanges like Bitget, OKX, and MEXC. Binance could be the next major exchange to list the asset, as a community vote running until February 27 shows strong support, with over 85% of participants voting “Yes.”...
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Japan’s FSA approves reforms to ease stablecoin and brokerage regulations
The Japanese Financial Services Agency green lit a report detailing reforms that would ease regulations for stablecoins and crypto brokerage. According to local media CoinPost, the FSA has approved a a report from a working group recommending policy changes that,…...
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Tether-backed fintech Mansa raises $10M to expand stablecoin-based payments
The annualized transaction value of stablecoins surpassed $15.6 trillion in 2024, or roughly 119% of Visa and 200% of Mastercard....
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Best Presales to Explode As Several US States Advance Crypto Reserve Bills
Out of the 20 US states that proposed Bitcoin reserve bills, two just got closer to their approval. Utah leads the race–its House Bill 230 passed the House voting stage with just one out of nine votes against. Now, it’s up to the Senate Revenue and Taxation Committee to...
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CryptoQuant CEO: Bitcoin bull cycle will go on until heavy ETF outflows
CryptoQuant CEO Ki Young Ju believes Bitcoin’s bull cycle will persist as long as demand for Bitcoin ETFs remains net positive. In a Feb. 20 X post, Ju noted that while Bitcoin (BTC) ETF inflows have slowed, they continue to…...
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LIBRA Memecoin Fiasco Destroyed $251M in Investor Wealth, Research Shows
The LIBRA memecoin scandal that rocked Argentina over the weekend destroyed millions of dollars in investor wealth, according to research by Nansen. On-chain data tracked by Nansen show 86% of traders lost a total of $251 million, while the winners secured just $180 million in profits. In other words,...
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UAE saw 41% increase in crypto app downloads in 2024 — AppsFlyer
Crypto app downloads in the UAE reached 15 million in 2024, with a record 2.8 million installs in December, driven by market trends and adoption....
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Hedera Struggles to Recover After 40% Drop
Hedera (HBAR) is trying to bounce back from a bad month. The token jumped above $0.21 over the last 24 hours but remains down by nearly 40% over the last 30 days. Though the recent upsurge holds some hope, market […] The post Hedera Struggles to Recover After 40%...
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Understanding the growth potential of a $0.0005 coin by March 2025
BeerBear presale gains traction at $0.0005, fueled by gaming rewards, DeFi perks, and community-driven governance. #partnercontent...
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