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Grid Coffee never misses. That smooth, rich flavor hits different every single time.
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“It is still presumed unsafe and unsound for a bank to touch a digital asset even in a de minimis amount,” Long said while arguing that “nothing” has changed.
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Speaking on stage at ETHDenver on Feb. 28, Long said while the “perception is that there has been a loosening, none of the federal banking agencies have actually overturned any of the anti-crypto guidance.”
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The US government has done “nothing” to address crypto debanking issues since US President Donald Trump returned to the White House, according to Custodia Bank’s CEO Caitlin Long.
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“This is the moment of greatest opportunity for crypto,” said Jake Chervinsky, chief legal officer at Variant, pointing to a more crypto-friendly regulatory environment and increasing TradFi interest.
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Despite the market fall, industry pundits such as Bitwise chief investment officer Matt Hougan have said now is the “best time in history” to buy Bitcoin while it hovers around the $80,000 to $90,000 range.
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The shaky start to the year has resulted in the spot Bitcoin ETFs recording a net outflow of about $300 million since Jan. 10, 2025 — the date which marked the first anniversary of the Bitcoin products launching.
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Bitcoin risks more downside if it loses a “key” $75,000 support amid growing concerns over a potential trade war between the United States and China.
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A Russian national and resident of the Netherlands, Pertsev was found guilty of money laundering by a Dutch court in May 2024 and sentenced to five years and four months in prison.
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As the firm nears 500,000 in Bitcoin holdings, Strategy has an unrealized profit of more than $14.8 billion on its total Bitcoin holdings, data from Saylortracker shows.
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He added that “[t]his provides a baseline of solid metrics that supports SOL’s valuation,” which has grown at nearly double the pace of ETH’s since the start of 2024, according to data from TradingView.
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“Just like online gambling never ceases, neither will this gambling/speculation, whether you like it or not (people like to play unwinnable lotteries). Solana has captured one of crypto’s biggest use cases,” Aylo said.
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Memecoin launchpad Pump.fun clocked $235 million in Q4 revenues, for a quarter-over-quarter increase of some 242%, Messari said.
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According to crypto research firm Messari, Solana’s cumulative app revenue increased by 213% in the fourth quarter of 2024, primarily due to memecoin speculation.
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The surge in Solana’s revenues has largely stemmed from increased memecoin trading, which was the driving force of the network’s decentralized finance ecosystem in 2024.
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Solana’s TVL continues to dramatically lag Ethereum’s, at $9.5 billion versus nearly $56.8 billion, according to data from DefiLlama.
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Ethereum’s top L2s are Arbitrum and Base, with roughly $14 billion and $11.5 billion in total value locked (TVL), respectively, according to data from L2Beat.
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“You can plug in any L2 you want and add it on top and it doesn’t make any difference right now,” Aylo said. Solana generated over $8.4 million in revenue on Feb. 9, while Ethereum's revenue stood at $875,571.
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Solana’s strength holds even after factoring in Ethereum’s layer-2 scaling chains (L2s), which host a large portion of the network’s trading activity, the researcher noted.
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The outperformance is even more pronounced among the networks’ applications, with revenues from Solana apps exceeding rival Ethereum apps by as much as 10-fold, crypto researcher Aylo noted in a Feb. 10 post on the X platform.
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