Category: Web3

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.

YOU MIGHT ALSO LIKE: Nigeria Government vs. Binance’s Tigran: A Clash Over Corruption Allegations

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.

YOU MIGHT ALSO LIKE: Is XRP Partnering with Elon Musk to Hit $600? Fact or Fiction?


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.

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

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.

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

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.

YOU MIGHT ALSO LIKE: Near Protocol Ex-Employee Accidentally Leaks Nudes on Livestream, Apologizes to Girlfriend

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.

YOU MIGHT ALSO LIKE: Argentina’s $LIBRA Crypto Controversy: The Winners and Losers Revealed

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

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.

YOU MIGHT ALSO LIKE: Binance’s Tigran Gambaryan Speaks Out: Detained in Nigeria, Family in Distress

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.

YOU MIGHT ALSO LIKE: XRP Eyes $8 Amid Growing ETF Approval Speculation

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

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.

YOU MIGHT ALSO LIKE: Solana Crypto Bridge Volume Soars to $10.1B in 2025, Up 114%

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.

YOU MIGHT ALSO LIKE: CZ’s Dog-Inspired Memecoin Hits $400M Market Cap Before Cooling Down

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.

YOU MIGHT ALSO LIKE: CZ’s Dog-Inspired Memecoin Hits $400M Market Cap Before Cooling Down

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.

YOU MIGHT ALSO LIKE: Ethereum Foundation Moves 45,000 ETH to DeFi Instead of Selling

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.

Exit mobile version