
Web 3, Finance, Crypto, Blockchain, Business
February 1, 2025 at 06:42 PM
*CRYPTO UPDATES* - 1st February 2024.
1. Currently, Solana ETF's chances of being approved in 2025 are nearing 90% on Polymarket.
2. 🇺🇸 Spot #bitcoin ETFs bought $5.3 billion worth of bitcoin this month, while miners only mined $1.4 billion worth of new bitcoin. So much demand, not enough supply 🟢 Bullish 🚀🚀
3. 🇸🇻 El Salvador bought 5 #bitcoin in the last 24 hours for its Strategic Reserves.
4. Indiana state representative proposes bill to allow retirement funds to invest in Bitcoin ETFs.
5. BlackRock today bought 17,261 ETH worth $56.65M.
6. 🇺🇸 FOX BUSINESS: Senator Lummis said, “Having Bitcoin in reserves can help the US dollar stay strong.”
7. 🇺🇸 Trump’s new FBI chief owns $115K Bitcoin through BlackRock’s ETF.
8. 🚨 MICHAEL SAYLOR: “Every Bitcoin you don’t buy is going to cost you $13 million, my friend.”
9. Tephra Digital has unveiled a graphic tracking 🇺🇸 U.S. states’ legislative efforts to establish Bitcoin strategic reserves.
10. The Satoshi statue by @satoshigallery has arrived in 🇸🇻 El Salvador, en route to its final destination: Bitcoin Beach.
11. Federal Reserve Chair Jerome Powell said, “Banks are perfectly able to serve crypto customers as long as they understand and can manage the risks.”
12. 🇺🇸 Grayscale files for Dogecoin ETF with the NYSE.
13. Interestingly, there is a whale/institution that has accumulated 11,637 $AAVE($3.93M) and 430,504 $MORPHO($1.37M) via #flowdesk in the past 10 hours.
14. 21Shares files S-1 for Polkadot $DOT ETF.
15. Swiss banking giant UBS, managing $5.7 trillion in assets, has tested its UBS Key4 Gold offering on Ethereum’s Layer-2 network ZKSync to explore scaling and privacy solutions.