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Ethereum Sees $1.1B Stablecoin Surge as Solana Loses Ground

Summary: Ethereum’s stablecoin supply jumped by $1.1 billion in just a week, while Solana saw a $772 million decline. Analysts say Ethereum’s lower gas fees and technical improvements are driving demand for USDT and USDC on the network.

Ethereum is seeing a fresh wave of stablecoin activity, with on-chain data showing a $1.1 billion increase in USDT and USDC supply over the past week. Concurrently, Solana has witnessed a precipitous fall of $772 million, with questions raised regarding changing market trends.

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Ethereum and Solana dominate the stablecoin market to a great extent, but recent patterns indicate Ethereum taking momentum back, as per blockchain analytics platform Lookonchain. The drop in gas fees and continuous improvements in Ethereum’s infrastructure have made it a more attractive option for stablecoin transactions, bringing fresh liquidity back to the network.

Meanwhile, Solana has lost nearly $780 million in stablecoin supply, with no clear explanation.Others believe network stability problems and changing user needs may be pushing funds elsewhere.

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Data from DefiLlama shows Ethereum still leading the stablecoin market with over $122.9 billion in supply, or 54.63% of the total supply. Solana, however, has just 5.15%—around $11.58 billion.

These shifts reflect the constantly shifting nature of crypto markets, in which small fluctuations in cost, speed, and reliability can quickly influence where consumers would rather transact.

Hong Kong Asia Holdings’ Stock Explodes 93% After Unexpected Bitcoin Purchase

Hong Kong Asia Holdings’ stocks rose 93% just to buy 1 BTC—crypto mania does exist, but will it last?



Hong Kong Asia Holdings recently made waves in the market with its stock going up 93% after announcing that it bought one Bitcoin. Yes, just one BTC—and investors still lost their minds.

The company, not really known for crypto moves, casually dropped the news in a filing, and suddenly, the market was all in. Some people think this could be the start of a bigger crypto play, while others say it’s just classic hype. Either way, the stock price pumped hard, proving once again that even the smallest crypto connection can send investors into a frenzy.

This isn’t the first time a company saw its stock moon over a crypto headline. It happened before when businesses hinted at blockchain adoption—even if they didn’t actually do much with it. But the real question is: Is this pump legit, or just another hype-fueled spike?

If Hong Kong Asia Holdings actually goes deeper into Bitcoin or blockchain, this could be a game-changer. But if not, this rally might fade just as fast as it came. For now, the market’s vibing with crypto, and the bulls are running.

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Nigeria Government vs. Binance’s Tigran: A Clash Over Corruption Allegations

Tigran Gambaryan accuses Nigeria of blackmail and torture, while the government denies the claims, sparking a heated online dispute.

The drama between Binance’s former exec Tigran Gambaryan and the Nigerian government is heating up. Gambaryan, who was arrested in February one year before while in Nigeria for a meeting with government officials about Binance, spent eight months in jail before being released on humanitarian grounds. During his time in custody, he was charged with money laundering and tax evasion.

After returning to the U.S., Gambaryan went off, accusing Nigerian officials, including those from the DSS (Nigeria’s State Security Services), of trying to extort $150 million in crypto from Binance. He claims he was tortured while in jail, even though he was in poor health, and that he was used as a scapegoat in the whole mess.

Of course, the Nigerian government is having none of it. They denied all of Gambaryan’s claims, calling them “falsehoods” and stating that his first visit wasn’t even official. They also said that his release wasn’t because of any humanitarian reason but due to diplomatic intervention. They even alleged that Binance tried to pay a $5 million ransom to free him, but it was rejected.

Gambaryan shot back on X (formerly Twitter), calling the government’s statement lies and promising more legal action in the future. This saga is only getting messier.

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Is XRP Partnering with Elon Musk to Hit $600? Fact or Fiction?

An influencer hyped an XRP-Elon Musk partnership, claiming a $600 price surge, but there’s zero proof—just rumors and speculation.

Recently, the crypto world exploded with excitement over a tweet claiming that XRP was teaming up with Elon Musk. The tweet, from an influencer with nearly 30K followers, said Ripple’s CEO confirmed the partnership and hinted at a $600 price surge for XRP. The tweet also featured an image of “Binance Square,” making it seem even more legit. But before everyone starts investing their life savings, let’s break it down.

Here’s the thing: There’s no official confirmation from Elon Musk or Ripple about this so-called partnership. No press release, no statement, nothing. This isn’t the first time rumors like this have popped up, though. Back in 2021, people thought Musk’s beloved Dogecoin might outshine XRP. That didn’t pan out either.

Fast forward to today, and some users claim they saw a deleted tweet from Musk saying, “XRP is looking quite promising.” However, no one has proof, and AI tools like Grok have only confirmed that the tweet existed but was removed fast.

At the end of the day, all we have are rumors and speculation. So, while the idea of an Elon Musk-XRP collab sounds cool, there’s no solid evidence to back it up. Stay cautious.

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Ethereum Stablecoin Market Expands by $1.1B in Just One Week

Ethereum gained $1.1B in stablecoins as gas fees dropped, while Solana lost $772M. Ethereum leads with $122.9B (54.63%) dominance.



Ethereum just made a big flex in the stablecoin world, adding a massive $1.1B in USDT and USDC in just a week, while Solana took a hit, losing $772M. On-chain analytics firm Lookonchain spotted the shift, showing Ethereum gaining traction again.

For a while, Solana had been snatching some of Ethereum’s thunder, thanks to ETH’s high gas fees and congestion. But things are changing. Ethereum’s gas fees have dropped, and major upgrades are making it more efficient, bringing users and liquidity back. That’s why stablecoin supply on Ethereum is pumping again—it’s reclaiming its OG status as the top smart contract blockchain.
At the same time, Solana experienced a stablecoin supply decline of approximately $780M. The cause isn’t 100% certain, but it may be attributed to performance issues and changing user tastes. Funds may be transferring elsewhere as crypto investors seek more favorable opportunities.


According to DefiLlama, Ethereum dominates the stablecoin market with $122.9B in supply (54.63% market share), and Solana comes in second with a mere $11.58B (5.15%). These market fluctuations demonstrate yet again how quickly the crypto universe is evolving. One day a chain is on fire, the next it’s drying up. The only thing that doesn’t change? Change.

Also Read: Nayib Bukele and Michael Saylor Meet in El Salvador, Discuss Bitcoin’s Future

Nayib Bukele and Michael Saylor Meet in El Salvador, Discuss Bitcoin’s Future

Summary: El Salvador’s President Nayib Bukele met with MicroStrategy’s Michael Saylor at the presidential palace. While details of their discussion remain private, both are known Bitcoin advocates. Their meeting coincides with El Salvador adding another Bitcoin to its reserves, now totaling 6,077 BTC.

El Salvador President Nayib Bukele received MicroStrategy co-founder Michael Saylor for a meeting at the presidential palace on Tuesday. The country’s National Bitcoin Office confirmed the visit, but did not offer details. Both of them being Bitcoin enthusiasts, discussion was likely centered on worldwide acceptance, regulations, and investment strategies.

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Both Saylor and Bukele posted pictures of their conversation, with Saylor hinting that El Salvador could be a force pushing forward the acceleration of Bitcoin adoption worldwide. The timing of their meeting is interesting, coming as it does after El Salvador just bought another Bitcoin to join its national reserves, its holdings now totaling 6,077 BTC—equivalent to about $590 million at present prices. In turn, MicroStrategy has also increased its holdings, purchasing 7,633 BTC and adding up to 478,740 BTC, which is more than $46 billion. Despite its pro-Bitcoin policy, El Salvador had to compromise on some policies in order to qualify for a $1.4 billion loan from the International Monetary Fund (IMF), which warned against monetary risks tied to the country’s crypto approach. Under these restrictions, the discussion between Bukele and Saylor might have included regulation problems, investment opportunities, and Bitcoin payment possibilities in El Salvador.

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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.

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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.

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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.

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