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SEC to Evaluate NYSE’s Proposal for Grayscale’s Ethereum ETF Staking

NYSE wants SEC approval for Grayscale’s Ethereum ETF to stake holdings, boosting returns without extra risks, pending regulatory decision.

The New York Stock Exchange (NYSE) is pushing to let Grayscale’s Ethereum ETFs stake their Ether holdings and earn rewards. If the U.S. SEC approves this move, it could change the game for Ethereum-based ETFs.

Grayscale’s Ethereum Trust ETF (ETHE) and Ethereum Mini Trust ETF (ETH) would stake their Ether, possibly boosting returns for investors while keeping the funds efficient. The proposal, filed on Feb. 14, aims to make Ethereum ETFs more competitive by adding staking rewards.

Grayscale made it clear that staking will bring extra income, but they’re not promising fixed returns. They also clarified that this doesn’t involve “delegated staking” or “staking as a service.” Investors would still be exposed to Ethereum price changes but could earn extra rewards on top.

This move follows similar plans by 21Shares, who recently tried to add staking to its Ethereum ETF. While the SEC initially blocked Ethereum ETF staking in 2024 over regulatory concerns, with a new, potentially crypto-friendly SEC, things could change.

If approved, Grayscale’s ETFs could generate passive income through staking, adding more value for investors while tracking Ethereum’s price. The decision could be a big step in how crypto ETFs evolve.

Also Read: Near Protocol Ex-Employee Accidentally Leaks Nudes on Livestream, Apologizes to Girlfriend

Near Protocol Ex-Employee Accidentally Leaks Nudes on Livestream, Apologizes to Girlfriend

Summary: A former Near Protocol employee, Andrew Krynin, accidentally displayed nude images while screen sharing on a public livestream. The incident quickly went viral, causing Near Protocol’s token (NEAR) to spike 7% to $3.50. Krynin later issued an apology first joking about memecoins before finally addressing his girlfriend.

Andrew Krynin, a former business development manager at Near Protocol, had an unexpected mishap during a livestream. While sharing his screen with Near core contributor Cameron Dennis, Krynin accidentally revealed saved nude images. Realizing the mistake, he reacted with a stunned “God damn it” before cutting the feed within seconds.

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Clips of the incident spread rapidly on X, sparking memes and conversations. Oddly enough, Near Protocol’s native token, NEAR, saw a 7% price boost, climbing to $3.50.

Following the mishap, the official Near Protocol account issued an apology, stating that they took full responsibility and removed the video from their platform. Meanwhile, the crypto community weighed in, with one user humorously advising, “Use one laptop for personal stuff and another for work and crypto. Keep your private keys and other things secure.”

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Krynin had two responses. Initially, he joked that if people were launching memecoins about the incident, they should at least share some profits so he could fund a Valentine’s Day peace offering. Hours later, he switched to a more personal tone, apologizing solely to his girlfriend, calling himself an idiot but reassuring everyone that she’s a “10” and that he “always slays.”

Argentina’s $LIBRA Crypto Controversy: The Winners and Losers Revealed

Argentina’s president backed $LIBRA crypto, but after a huge pump and “rug pull,” many investors lost millions.



Argentina President Javier Milei created quite the storm when he posted his support for a new crypto token, $LIBRA. But things went horribly wrong when the token’s price pumped hundreds of percent in a few hours. Milei then deleted his tweet and disassociated himself with the project, stating that he was unaware of the project details when he first posted.

Meanwhile, the devs of $LIBRA made bank, reportedly earning over $107 million from its liquidity pool. Blockchain records show that 8 wallets belonging to the LIBRA project earned the most, making enormous sums by adding and removing liquidity. The funds involved millions of USDC and SOL.

But there was bad news too. All but a few of the investors were destroyed, and some lost millions. A crypto trader claimed that one person lost over $5 million by investing in LIBRA. This is referred to by some as the largest “rug pull” in cryptocurrency history, and over $4.4 billion was drained from the market.

And now the token has fallen again below $0.30, with retail investors suffering huge losses. Milei has flatly denied any involvement in the project, denouncing politicians attempting to capitalize on the scandal.

Also Read: Crypto Market Update (Feb 14, 2025): Bitcoin Stagnates, Telcoin Surges

Bitcoin Pushes Toward $100K as TRUMP Memecoin Surges 40%

Summary: Bitcoin continues to rise, trading in excess of $98,000 with hopes of reaching six figures soon. Meanwhile, the memecoins are making waves, with TRUMP rising 40% to trade in excess of $20. XRP is also making a robust recovery, rising 10% in the previous 24 hours.

Bitcoin is heading in an uptrend trend to a high of $98,600 following the increase by 4.36% from its weekly low of $94,500 on 12th of this month. The market players are attempting to shatter the $100,000 benchmark with consistent trend as the weekend looms ahead.

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Beyond Bitcoin, the memecoin space is hot. DOGE, WIF, and PNUT have all gained 6%, 13%, and 15% respectively. But the real winner here is Donald Trump’s very own TRUMP token, which has increased by over 40% and is now trading just under $21—its highest level since the initial round of mania.”.

XRP is also higher by 10% over the last 24 hours and 17% over the last seven days. MANTRA (OM) is also a top gainer with a 39% rise, followed by XDC with an 11% rise, and WIF with a 10% rise.

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According to CoinMarketCap, the total crypto market cap stands at $3.24 trillion at the moment and has experienced a daily trading volume of $106 billion. With Bitcoin growing stronger and memecoins being popular, the weekend could witness even higher volatility in the market.

Binance’s Tigran Gambaryan Speaks Out: Detained in Nigeria, Family in Distress

Binance exec Tigran Gambaryan suffered 8 months in Nigerian jail, accused of financial crimes, denied medical care, and extorted for $150M.



A few months back, a blurry courtroom video from Nigeria went viral—showing Binance executive Tigran Gambaryan, limping on a crutch, being dragged to court by security officers. Frustrated and in pain, he shouted, “This is so f***ed up.” That video exposed the harsh reality of his eight-month detention.

Tigran, an American citizen and former Head of Financial Crime Compliance at Binance, was arrested in Nigeria after being invited to a governmental meeting. He was accused of money laundering and tax evasion, but insists that Nigerian officials hired him as a scapegoat to blackmail Binance for $150 million. Even though Nigeria subsequently dropped the charges of money laundering, they continue to assert that Binance processed $26 billion in unreported crypto transactions.

During his 214-day ordeal, Tigran’s health suffered—his physicians had to proceed in a rush to repair a bulging disc, but the authorities delayed the surgery. Meanwhile, his relatives were suffering and, with emotional videos, his wife and mother were crying. His case still lingered in political and court drama, adding to the threats to his life.

Now at last back in the U.S. after getting out on medical bail, Tigran is coming forward—calling his arrest a nightmare and demanding accountability for what he experienced.

Also Read: XRP Eyes $8 Amid Growing ETF Approval Speculation

XRP Eyes $8 Amid Growing ETF Approval Speculation

XRP price climbs amid ETF approval speculation, with analysts predicting $8 if approved, despite risks of potential corrections.



XRP’s price has been on a really steady rise lately, boosted by its partial legal victory over the SEC. With the hope of a potential ETF approval, the price could surge even higher. Analysts are speculating that if XRP gets its own spot ETF, the price could hit $8, though that’s still uncertain.

While February started off shaky, XRP has climbed 2% in the past 24 hours and is up 8% from its low point of $2.26 earlier this month. Traders are getting increasingly optimistic that the SEC might approve a spot XRP ETF, and everyone’s watching closely to see how this plays out.

The RSI (Relative Strength Index) is at 41.95, near the lower band, which could be a sign of a price bounce. Crypto analyst CoinsKid also suggests that XRP is showing signs of a bullish reversal, with a possible parabolic move to the $8 level.

But there is also the risk of a major correction if the tide turns. The chart analysis is showing that XRP might witness a reversal to lower levels of $0.82 or $0.38 if it doesn’t work out.

With expectation building around the hope of ETF approval, everyone is holding its breath for the SEC, with rumors hinting at the official announcement about to be made.

Also Read: CZ’s Dog-Inspired Memecoin Hits $400M Market Cap Before Cooling Down

Crypto Market Update (Feb 14, 2025): Bitcoin Stagnates, Telcoin Surges

Bitcoin is fluctuating between $95K-$97K, while altcoins such as TEL (+26%), JUP, and KAS skyrocket. Crypto market cap reaches $3.12T.



Bitcoin has moved laterally over the last week in the $95K-$97K range, unable to take out the $100K level after it was unable to sustain above that level last week. While BTC holds firm, altcoins are on the move, with some appreciating by quite a bit.

Among the top performers, Telcoin (TEL) gained 26% after EU deposits and withdrawals were added. Other trending altcoins like JUP, KAS, and HYPE have also gained fantastic momentum over the past month. Meanwhile, XRP stunned the market with a 6% rise in 24 hours.

Ethereum and other major altcoins are in general taking hints from Bitcoin, maintaining their daily close levels. Total crypto market capitalization is $3.12 trillion, with the total trading volume decreased by 28% as Bitcoin is avoiding any major volatility.

Today’s most trending cryptos are TEL, BNB, TRUMP (Official Trump), NOT (Notcoin), and JUP. The top day gainers are TEL with a 26% gain, followed by JUP (+9.3%), KAS (+9%), WIF (+7%), and HYPE (+5%).

Since Bitcoin is yet to come out of its range, altcoins are looking good today, and it’s a good day for traders who are looking for breakout potential.

Also Read: OpenSea Launching $SEA Token and Expanding into Crypto Trading

CZ Warns Against Memecoins, Deletes Tweet After Backlash

Summary: Binance founder CZ warned investors against memecoins, advising them to stay away if they can’t handle volatility. His tweet came after a surge of “Broccoli” tokens inspired by his pet dog. CZ later deleted the post, saying his words were being misinterpreted.

Binance founder and former CEO Changpeng Zhao (CZ) briefly warned traders to “not touch memecoins” unless they could handle extreme volatility. However, he later deleted the tweet, explaining that people tend to overanalyze his posts.

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Over the past few days, CZ has been engaging with followers on X, trying to understand the memecoin craze. In a playful exchange, he promised to share pictures of his pet dog, Broccoli. His followers responded by launching multiple “Broccoli” memecoins on Binance Smart Chain (BSC), which collectively hit a $200 million market cap in under 12 hours.

Addressing the frenzy, CZ tweeted that while many claim to love memes, they are often just looking for quick-profit signals—something he doesn’t provide. He also pointed out that the memecoin scene on BSC is still underdeveloped, with platforms facing performance issues.

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He noted that six Broccoli-inspired tokens had already surpassed $200 million in market cap but stopped short of saying whether that was a good or bad thing. Instead, he urged traders to practice risk management.

CZ later deleted his tweet, replacing it with another stating that people often misinterpret his words in different ways.

GameStop Reportedly Exploring Investments in Bitcoin and Crypto Assets

GameStop is considering Bitcoin and crypto investments, sending stock 20% higher, with CEO Ryan Cohen leading digital expansion and monetary shifts.

GameStop is said to be entering crypto and Bitcoin on a large scale. This has made investors wait for it. The video game retailer has been rumored to be keen on investing in Bitcoin and other cryptocurrencies as it seeks to venture into new areas of growth. While nothing has been disclosed, the company is taking its time, weighing the pros and cons of venturing into blockchain investment.

As news of the change hit the stands, GameStop stock jumped 20% after-hours, basking in the excitement this new revolution has to offer. GameStop CEO Ryan Cohen has been too busy driving GameStop out of its bricks-and-mortar retail roots, towards online expansion and smarter investing.His recent meeting with MicroStrategy’s Michael Saylor—Bitcoin’s most vocal proponents—only fueled the speculation.

GameStop is no new kid on the crypto block. It initially brought out a crypto wallet about 3 years ago to support NFTs and shut it up about 2 years ago due to regulatory issues. Now, sitting on $4.6 billion in cash in the bank, the company is looking for alternative investment options.

If GameStop follows through, it could join companies like MicroStrategy in betting big on Bitcoin. A board-approved investment policy from December about 2 years ago gives Cohen the power to lead the charge, ensuring every move aligns with GameStop’s financial future.

Also Read: Ethereum Foundation Moves 45,000 ETH to DeFi Instead of Selling

Solana Crypto Bridge Volume Soars to $10.1B in 2025, Up 114%

Summary: Solana’s crypto bridges have seen a massive surge in activity, reaching $10.1 billion in total inbound volume as of February 2025—a 114% jump from the previous year. USDC leads in bridged assets, while deBridge is gaining ground on Wormhole. Despite the growth, Ethereum still dominates cross-chain transfers.

Solana’s crypto bridges are experiencing explosive growth, with total inbound volume hitting $10.1 billion by February 10, 2025. This marks a staggering 114% increase from the $4.7 billion recorded in February 2024, reflecting heightened activity across the network.

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According to blockchain analyst h4wk on Flipside, USD Coin (USDC) remains the most bridged asset, accounting for $3.9 billion in inbound volume and $4.7 billion outbound. Ether (ETH) follows with $2 billion, while Solana’s native token (SOL) recorded $1.5 billion inbound and $1 billion outbound.

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Wormhole has long been Solana’s dominant bridge, handling $7.3 billion in total transactions. However, deBridge is now making waves, surpassing Wormhole’s weekly volumes by 12% in February.

While Solana’s bridge activity remained modest for most of 2024, things accelerated between November and January. During this three-month period, over $6 billion flowed through its bridges, with $1.1 billion in November, $2.5 billion in December, and $3.2 billion in January.

Despite its rapid growth, Solana still trails Ethereum in cross-chain transfers. Ethereum bridges processed $38 billion in the same timeframe, with even its weakest month—April 2024—outpacing Solana’s strongest month.

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