🚀 Pump.fun introduces Cashback Coins, allowing creators to redirect all Creator Fees to traders instead of token deployers. This move comes as the platform continues to iterate on its model amid weaker memecoin activity.
🔮 Bitwise and GraniteShares have filed applications to create ETFs focused on the prediction market. Additionally, Bitwise is launching a new platform called PredictionShares, aimed at providing access to prediction markets.
🇺🇸🏦 The cryptocurrency industry lobbying organization Coin Center has sent a letter to the U.S. Senate Banking Committee. The letter urges the committee to advance legislation that would prevent the prosecution of cryptocurrency developers with good intentions.
💰 Dragonfly Capital has closed its fourth fund at $650 million, marking it as one of the largest venture capital raises in the cryptocurrency industry recently. This achievement comes despite the prolonged downturn in the sector.
👩💻 Gemini Parts Ways With CFO, COO and CLO in Major Shakeup
👀 Crypto exchange Gemini announced the departure of its CFO, COO and CLO. 👀 The changes mark a significant reshuffling of the company’s executive leadership.
🔹 Over 50% of Ethereum Supply Now Locked in Proof-of-Stake Contract
🟢 Santiment reports that Ethereum’s proof-of-stake contract now holds more than 50% of the total $ETH ETH supply. 🟢 This marks the first time in the network’s 11-year history that over half of the supply is staked. 🟢 The milestone reflects growing participation in network validation.
📶 CFTC asserts exclusive federal authority over prediction markets
🔄 The U.S. Commodity Futures Trading Commission filed a legal brief reaffirming its exclusive federal jurisdiction over prediction markets. 🔄 This move responds to state-level lawsuits and bans against platforms like #Kalshi and #Polymarket Federal courts are now assessing the jurisdictional dispute.
🇩🇪🏦 The President of the Central Bank of Germany, Deutsche Bundesbank, has expressed support for introducing a central bank digital currency (CBDC) linked to the euro. Additionally, he endorsed stablecoins denominated in euros for payment transactions.
🇺🇸😱 Bank of America’s February survey shows bearish U.S. dollar positions have dropped to the lowest level since 2012, with allocations historically underweight.
Since early 2025, Bitcoin has shown an unusual positive correlation with the U.S. Dollar Index, with the 90-day correlation reaching 0.60.
Analysts say continued dollar weakness may pressure $$BTC , while a short-covering rebound could lift it and increase volatility.