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February 9, 2025 – nishantk.co

Day

February 9, 2025

XRP futures open interest drops 37% — Are altcoin traders jumping ship?

February 9, 20250
XRP saw a double-digit drop in its futures open interest, but is it a sign that the altcoin’s triple-digit rally is ending?

Current chain abstraction methods are fragmenting crypto — Web3 exec

February 9, 20250
Industry executives and competing firms are still grappling with abstracting away the complexities of blockchain for the end user.

Strategy's Michael Saylor posts BTC chart after one-week break

February 9, 20250
Data from SaylorTracker shows that Strategy is currently sitting on nearly $15 billion of unrealized gains on its Bitcoin holdings.

Pump.Fun co-founder says most altcoins serve same purpose as memes

February 9, 20250
“Expecting the same playbook from last cycle to work again just doesn’t seem realistic,” Pump.fun co-founder Alon Cohen wrote on X.

What is Tether (USDt), and how does it work?

February 9, 2025, , , 0
USDt explained for beginners: Learn how Tether works, why it’s popular and how it stacks up against other stablecoins.

Quantum computing will bring lost Bitcoin 'back in circulation’ — Tether CEO

February 9, 20250
Tether CEO Paolo Ardoino claims quantum computing will hack Bitcoin in “lost wallets” and return it to circulation — a move one trader warns could drag Bitcoin back to the “stone ages.”

Bitcoin OG sees $700K BTC price, $16K Ethereum in this ‘Valhalla’ cycle

February 9, 20250
Bitcoin at $350,000 and an $8,000 Ether price are “base cases” for Abra’s Bill Barhydt.

Coinbase CEO calls for blockchain-based US Treasury as DOGE saves billions

February 9, 20250
Elon Musk’s DOGE agency has saved US taxpayers $36 billion, prompting crypto leaders to push for blockchain-based government spending transparency.

Austin University to launch $5M Bitcoin fund with 5-year HODL strategy: Report

February 9, 20250
The university’s endowment fund will aim for a minimum five-year Bitcoin holding strategy, citing its long-term potential.

Ethereum an 'obvious buy' as accumulation addresses see record $883M ETH inflow

February 9, 20250
Ethereum inflow spikes often precede rallies, like the 35% surge after February 2023’s record inflows.
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