Darkex News February 6, 2025

Darkex-News

darkex-news

MicroStrategy Changes Its Name to “Strategy”

MicroStrategy has changed its name to “Strategy” to emphasize its crypto-focused activities. The new logo features a stylized “B” representing the Bitcoin strategy and orange, the symbol of Bitcoin, was chosen as the main colour.

by Darkex Research – 1 min read

MicroStrategy (Strategy) Reported a Net Loss of 670.8 Million Dollars in the 4th Quarter

MicroStrategy reported a net loss of $670.8 million in its Q4 financial results. The company significantly increased its Bitcoin holdings during the same period, buying more than 210,000 BTC.

by Darkex Research – 1 min read

Eric Trump: Now is a Good Time to Buy BTC and ETH

Eric Trump, Trump’s second son, said on the X platform that it is a good time to buy Bitcoin (BTC) and Ethereum (ETH) and supported the Trump family’s crypto project WLFI.

by Darkex Research – 1 min read

FDIC Issues 175 Bank Regulatory Documents Related to Crypto

The US Federal Deposit Insurance Corporation (FDIC) has published 175 regulatory documents regarding banks involved in cryptocurrency activities. The documents reveal that banks engaged in crypto ventures face strict supervision.

by Darkex Research – 1 min read

Brazil Prepares Legal Ground for Crypto Investments

Brazilian lawmaker Adriana Ventura has introduced a bill that would allow investment funds to invest directly in crypto assets such as Bitcoin. This step aims to create an orderly and secure investment environment in Brazil’s crypto market

by Darkex Research – 1 min read

New Mexico Senator Introduces Strategic Bitcoin Reserve Act

Senator Anthony Thornto has introduced a bill to invest 5% of public funds in Bitcoin in New Mexico.

by Darkex Research – 1 min read

NYSE Files to Convert Grayscale Litecoin Trust into Spot LTC ETF

The New York Stock Exchange (NYSE) has filed a formal application with the SEC to convert the Grayscale Litecoin Trust into a spot Litecoin ETF. If approved, it could create new liquidity opportunities in the LTC market.

by Darkex Research – 1 min read

Pudgy Penguins Burn 12.16 billion PENGU Tokens

Pudgy Penguins burned 12.16 billion PENGU tokens, accounting for 13.69% of the total supply. The move aims to support token value by reducing the circulating supply.

by Darkex Research – 1 min read

Berachain Announces Token Economics and Launches Airdrop

The Berachain Foundation announced the BERA token economy and launched the airdrop process. 15.8% of Genesis tokens were allocated to community airdrops.

by Darkex Research – 1 min read

JupiterDAO: Our Official X Account Has Been Hijacked, Do Not Click on Links

JupiterDAO announced that its official X account has been compromised and warned users against the risk of fraud.

by Darkex Research – 1 min read

US Applications for Unemployment Benefits were announced.

Explained: 219K

Expectation 214K

Previous 207K

by Darkex Research – 1 min read

Bhutan Government Transferred 751.31 BTC

According to Spot on Chain data, the Royal Government of Bhutan transferred 751.31 BTC (approximately $74.15 million) worth of funds to three new wallets in the last hour. This is believed to be an internal fund transfer.

by Darkex Research – 1 min read

USDC Treasury Mint 68.9 Million USDC on Ethereum Chain

According to Whale Alert data, USDC Treasury recently minted 68,925,352 new USDC on the Ethereum network. This move is considered part of efforts to increase liquidity in the stablecoin market.

by Darkex Research – 1 min read

Canada Bans Low Margin Practices in Crypto Funds

Canada has banned cryptocurrency funds from taking advantage of low margins. This regulation aims to ensure market stability while increasing the costs of leveraged trading.

by Darkex Research – 1 min read

Bank of England Cuts Interest Rates by 25 Basis Points

In line with expectations, the Bank of England cut interest rates from 4.75% to 4.5%. This was the third cut in the bank’s ongoing cycle of rate cuts.

by Darkex Research – 1 min read

Telegram Mandates Use of TON Connect for All Crypto Wallets

Telegram has made it mandatory for all third-party crypto wallets to use only the TON Connect protocol. Also, Mini Apps will only support the TON blockchain. This decision sparked discussions within the community about decentralization and exclusivity.

by Darkex Research – 1 min read

DeepSeek Warns Against Fake Accounts and Misleading Information

DeepSeek warned users about fake accounts and false information. Official accounts are only managed through WeChat, Xiaohongshu (@DeepSeek), X (@deepseek_ai) and the official website. Unofficial paid projects and groups are considered scams.

by Darkex Research – 1 min read

Previous Article

Darkex Evening Analysis - February 6, 2025

Next Article

What is a Full Node in Cryptocurrency?