Between revolutionary announcements, technological developments and regulatory turbulence, the Crypto ecosystem continues to prove that it is both a territory of limitless innovations and a field of regulatory and economic battles. Here is a summary of the most striking news of the past week around Bitcoin, Ethereum, Binance, Solana, and Ripple.
Michael Saylor raises $ 2 billion to buy even more bitcoins!
Strategy (ex-microstrategy) announces a new fundraising of $ 2 billion via zero-rate convertible bonds, in order to buy more bitcoins. This financial model allows it to raise capital without immediate dilution and increase its exposure to the BTC. With this new acquisition, Strategy could exceed 500,000 BTC in its reserves and strengthen its status as a major institutional player in the Crypto market. This initiative shows unshakable confidence in Bitcoin, despite volatility and uncertain regulations. đź”— Read the full article
FTX reimburses $ 800 million: start of market rehabilitation!
The FTX bankruptcy Exchange began to reimburse its victims, with a first tranche of $ 800 million paid to 162,000 accounts via Kraken. However, the reimbursement is made at November 2022 prices, much lower than the current values ​​of cryptos, which arouses frustrations among creditors. This partial restitution represents a step towards confidence in the ecosystem, although the market is still awaiting the fate of institutional creditors. This process could reinject part of the lost funds in the market, providing new breath to crypto liquidity. 🔗 Read the full article
Binance US reopens transactions in dollars after 18 months suspension!
After a long regulatory battle, Binance US announced the resumption of deposits and withdrawals in USD via bank transfers (ACH) and trading pairs in dollars. This decision puts an end to 18 months of restrictions imposed following legal proceedings in the SEC in 2023. At the time, Binance US had to be limited to Crypto-to-Crypto transactions, considerably impacting its activity. This return of the Fiat services marks an evolution in relations between Binance and American regulators, suggesting stabilization of the crypto market in the United States under the direction of Richard Teng, successor to CZ. đź”— Read the full article
Vaneck imagines a scenario where Bitcoin saves the American economy!
With a national debt that could explode $ 116,000 billion by 2049, Vaneck offers a daring scenario: the United States would accumulate 1 million BTC to cover up to $ 21,000 billion in debt. The idea is based on an annual growth of 25 % of the price of bitcoin, which would thus reach $ 21 million per unit in 2050. This plan, inspired by the rise of Bitcoin reserves in several American states, supposes a massive adoption and a favorable regulation. However, the challenges remain enormous, including the volatility of the BTC and political resistance. A risky bet, but potentially revolutionary for the global monetary system. đź”— Read the full article
Bybit victim of the Lazarus group: 70 % of stolen ETH reserves!
Friday, February 21, 2025, Bybit was the victim of the greatest hack in the history of cryptos, with $ 1.4 billion in stolen Ethereum. The attack, attributed to the Lazarus group, exploited a flaw in the signing of transactions. A connection was established between this hacking and that of Phemex ($ 29 million) and reveals a coordinated attack. Bybit ensures that user funds are covered thanks to a ready-made of 80 % and has maintained open withdrawals. The platform plans an Ethereum rollback, a controversial proposal that divides the community. This hack relaunches debates on the security of exchanges and the regulation of the crypto ecosystem.
Brazil launches the first ETF XRP and prepares a stablecoin!
Brazil becomes the first country in the world to approve an ETF XRP Spot, via the Hashdex Nasdaq XRP index fund, ahead of the United States where the dry is still hesitating. This announcement caused an increase of 7.8 % of the XRP. In parallel, the Banza Group Bank plans to launch a stablecoin backed by the Brazilian RĂ©al (BBRL) on the XRP Ledger blockchain, strengthening the institutional adoption of cryptos in Latin America. Brazil thus affirms its status as a blockchain leader, by also experimenting with the tokenization of assets via its DREX project. đź”— Read the full article
This is the essential to remember for this week. But if you want a more detailed summary and in -depth analyzes directly in your reception box, do not hesitate To subscribe to our weekly newsletter.
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