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Share link:In this post: Burwick Law and Wolf Popper issued a cease and desist letter to Pump.fun, demanding the removal of over 200 meme coins allegedly infringing on their intellectual property. The firms claim that Pump.fun allowed the creation of meme tokens spoofing their brands as retaliation for a class-action lawsuit filed against the platform on Jan. 30. Despite mounting legal challenges, Pump.fun continues to see record-breaking trade volumes largely driven by Trump-related meme coins.
Share link:In this post: US Bank reported $24 million holdings in Bitcoin ETFs in its latest SEC filing, an increase of $10 million since its last filing. Goldman Sachs announced it held Bitcoin ETFs of over $400 million across different funds last year. US-listed spot Ethereum ETFs recorded increased inflows amid the overall market dip.
Sonic's 31% rebound signals renewed interest and growing momentum. Can it break above key resistance and extend its rally toward $0.59?
- 13:56Greeks.live: The market sentiment is cautiously optimistic, Bitcoin faces a low volatility environmentOn February 23, Adam, an analyst at Greeks.live, posted on social media that the overall market sentiment remains cautiously bullish, closely watching the key resistance level of $99,000. Although some community members expect prices to rise in March, considering recent hacking incidents and a low volatility environment, they are currently focusing on how to protect against downside risks. Option skewness has normalized after recent events; yesterday's put option trading volume decreased by 50%, options with peer strike price have been significantly repriced, increasing by 40-80% compared to the previous day. Traders are discussing hedging strategies for March and suggest risk protection while maintaining a bullish exposure.
- 13:50Data: A whale that has been dormant for 1.3 years has withdrawn 107.13 BTC from CEX, valued at 10.34 million USDAccording to OnchainLens monitoring, a whale wallet that had been dormant for 1.3 years withdrew 107.13 BTC from CEX three hours ago, worth $10.34 million. 1.3 years ago, this whale withdrew 66.17 BTC from CEX, which was worth $2.41 million at the time, and then deposited it back into CEX.
- 13:48BTC falls below 96000 US dollarsBitget market data shows that BTC has fallen below 96,000 USD, currently quoted at 95,981.05 USD. The 24-hour drop reached 0.69%, the market fluctuation is relatively large, please manage your risk well.