Crypto Treasury Firms Go on $8B Buying Spree in Historic Week

Marti, a Turkish ride-hailing company, has put 20% of its cash into Bitcoin and plans to increase that to 50%. The move is part of a long-term plan to use crypto as a store of value while keeping its main business growing.
eToro has started offering tokenised US stocks on Ethereum and is planning to build its own blockchain. This would let users trade shares like crypto and use them in decentralised finance.
The US SEC has approved in-kind trading for Bitcoin and Ethereum ETFs, letting firms trade crypto directly instead of using cash. This change is expected to cut costs, improve trading, and make it easier for big investors to enter the crypto market.
Ozzy Osbourne’s NFT collection CryptoBatz saw a big jump in sales and price after news of his death. Trading volumes surged over 100,000% in one day, briefly raising the floor price to around $295.
JPMorgan is planning to let clients borrow money using crypto like bitcoin and ether as collateral. This comes as rules around digital assets in the US become clearer and demand from wealthy clients grows.
The SEC Chairman said Ethereum is not considered a security, which has encouraged companies to increase their Ethereum holdings. This clear regulatory view has helped boost Ethereum’s price and sparked more interest from investors and firms.
ChatGPT said: Shinhan Bank has added cryptocurrency tracking and educational tools to its SOL app, becoming the first South Korean bank to offer such services. The move signals growing acceptance of crypto in traditional banking, with plans to expand into crypto purchases and wallet management soon.
Vitalik Buterin urged developers to simplify Ethereum Layer 2 networks by using Ethereum’s base layer for security and consensus. He said projects should stop rebuilding features Ethereum already provides and focus only on processing and verifying transactions.
Standard Chartered has started offering bitcoin and ether spot trading directly to institutional clients through its UK branch. This makes it the first major global bank to provide regulated crypto trading using existing foreign exchange systems.
Binance Launchpool now lists the 64th project - RedStone (RED), a multi-chain oracle across EVM and non-EVM chains.
Binance Launchpool has launched the 63rd project - Bio Protocol (BIO), a decentralized science (DeSci) management and liquidity protocol.
Due to Bitcoin’s growth performance in the past month (40%+), the risk sensitivity of its investors has also been amplified. Is this 40% gain the beginning or the end?
At the beginning of the Chinese New Year, Bitcoin led the crypto market and brought us "good luck" in the Year of the Dragon. BTC, the largest cryptocurrency by market capitalization, exceeded US$50,000 in the short term, hitting the highest level since December 2021.
Since 2017, Binance has been striving to obtain a phased 'partially legal' status in certain global regions through diplomacy, acquisitions, joint investments, philanthropic funding, and other means.
Binance and CEO Zhao Changpeng admit intentional violations, facilitating billions in unregulated crypto transactions. Zhao resigns as CEO, faces potential 18-month sentence. Legal battles continue over sentencing and extradition. Binance.US claims independence from Zhao's governance.
Binance faces $34 billion in fines from FinCEN and $9.68 billion from OFAC for not reporting over 100,000 suspicious transactions involving terrorism, ransomware, child exploitation, and other illegal activities. Future penalties and strict regulations may impact Binance for the next five years.
火币创始人李林周三正式在香港起诉火必交易所,后者在2022年股权转让给百域资本后,原定协议不可再使用火币商标,但今年却违反协议重新使用,已涉嫌侵权。李林此举意味着,火必全球顾问孙宇晨面临失信指控。
宝二爷郭宏才提到,火必复活回归,已对对中国大陆用户开放了。但孙宇晨却表态,未开放中国IP访问。
FX168 Financial News (Hong Kong) reported that Huobi announced its brand upgrade strategy yesterday (22nd). The Chinese brand name was officially changed from "Huobi" to "Huobi". Hong Kong's Baiyu Capital M&A Fund completed the acquisition of Huobi last month. This brand strategy upgrade came into being to adapt to the rapid development of the industry and respond to the needs of global business expansion, marking the official release of its global development roadmap and international operation strategy.