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FTX to start creditor repayments via BitGo on February 18, 2025, with 9% interest added. Larger claims remain pending.
The proposed legislation would allow the state treasurer to invest public funds exclusively in Bitcoin (BTC) to establish an “Ohio Bitcoin Reserve Fund.”
Support truly promising projects, rather than those driven by short-term speculation.
Quick Take The SEC asked for comments to be filed 21 days after being published in the Federal Register. Over the past few weeks, firms have flooded in with proposals from funds based on DOGE among other cryptocurrencies, seemingly in hopes that a change in leadership at the SEC could be friendlier to approve crypto ETFs.
Quick Take World Liberty Financial co-founder Chase Herro said on Thursday that the platform plans on creating a “strategic reserve” with the tokens it purchases, according to a report from Bloomberg. The DeFi project is backed by President Donald Trump.
Quick Take The SEC has asked the public for comments in a notice that acknowledges a 19b-4 filing from NYSE Arca, which proposes to list and trade the Grayscale Solana Trust. The SEC is accepting comments on the proposal for 21 days following its publication in the Federal Register.
- 22:27Franklin Templeton Launches Bitcoin, Ether Index ETFsFranklin Templeton has announced the launch of an exchange-traded fund (ETF) that holds both spot bitcoin and ethereum. The Franklin Crypto Index ETF (EZPZ) is the second cryptocurrency index ETF to enter the U.S. market, following the launch of the Nasdaq Crypto Index US ETF (NCIQ) on 14 February by asset management firm Hashdex. The EZPZ fund holds a basket of assets referenced by the US CF Institutional Grade Digital Asset Index. As of 20 February, the index tracks only bitcoin and ethereum. According to CF Benchmarks data, as of 20 February, the asset composition of the market-capitalisation-weighted index was approximately 87% BTC and 13% ETH. Franklin Templeton plans for EZPZ to hold more cryptocurrencies in the future, and as the index expands, ultimately provide a ‘one-stop-shop’ for crypto portfolios for U.S. investors.
- 22:24Today's top 100 crypto tokens up and down: IP up 24.61%, BGB down 7.40On 20 February, according to Coinmarketcap, the top 100 cryptocurrency tokens by market cap performed as follows. Top five gainers:- Story (IP) up 24.61% to $3.12- Berachain (BERA) up 21.04% at $7.90- Celestia (TIA) up 14.56 per cent at $3.52- Pyth Network (PYTH) up 13.00% at $0.2315- Sei (SEI) up 12.87 per cent at $0.2549 Top 5 losers:- Bitget Token (BGB) down 7.40 per cent to $4.39- Litecoin (LTC) down 5.82% to $128.04- Onyxcoin (XCN) has fallen 5.69 percent to $0.01997- FLOKI (FLOKI) has fallen 5.51 per cent to $0.00009368- Movement (MOVE) has fallen 4.66 per cent to $0.4739
- 22:21Analysis: 24% of Top 200 Cryptocurrencies Hit New One-Year Lows, Markets May See a BottomDeep Tide TechFlow - On 20 February, Real Vision analyst Jamie Coutts shared data showing that the market shuffle on 7 February brought the percentage of the top 200 tokens hitting new 365-day lows to 24%, the highest level since 5 August 2024 (28%), according to Cointelegraph. Juan Pellicer, Analyst at IntoTheBlock, said that the recent market correction has led to a large number of liquidations (especially Solana) and the total market capitalisation of the crypto market has fallen to $3.13 trillion, suggesting that over-leveraged positions are being cleaned up and that the market may be in a position to capitulate. Given the tariff impact and AI valuations (influenced by DeepSeek), the bull market is likely to continue, and the current correction may be a pullback in some tokens rather than a broader downtrend. Brickken CEO Edwin Mata further noted that the fandom coin craze is disrupting the market's liquidity allocation. Labyrinthine coins promoted by prominent individuals have led to a distortion in the flow of funds, diverting liquidity away from more established projects, a trend that has increased market volatility and made traditional patterns of market recovery less predictable.