Ethereum and its Layer2 TVL account for 64% of the dominant cryptocurrency market, with mainnet lock up exceeding $66 billion

Grayscale has rolled out a new trust offering exposure to dogecoin (DOGE), the asset manager announced Friday.“Dogecoin represents a paradigm shift in global financial accessibility,” Grayscale’s head of product & research, Rayhaneh Sharif-Askary, told CoinDesk. “Its low transaction costs and rapid transfer speeds make it an optimal vehicle for international remittances, particularly in regions with underdeveloped banking infrastructure.”See all newslettersThe launch of the Dogecoin Trust comes only weeks after President Trump — who (likely with an assist from Elon Musk) named one of his newly formed groups the Department of Government Efficiency (D.O.G.E.) — took office with the promise of promoting the crypto industry.Since the Trump election victory, several asset managers have filed applications for memecoin exchange-traded funds (ETFs), including DOGE, an unthinkable move just months ago under the previous administration and its SEC head Gary Gensler.With a market capitalization of nearly $50 billion, DOGE is the world’s largest memecoin. Wrapping the token in an ETF or in Grayscale's case, a trust, could attract capital from institutional investors. The token’s price has already increased three-fold over the past year, with a particularly large move happening in the immediate weeks after the November election.

OKX - LDO is currently priced at $2.33, with a 17.09% increase over 24 hours. 24-hour transaction volume of 600 million US dollars, an increase of 102.57%, for reference only

According to the official announcement of LCX, in accordance with its digital asset listing and trading integrity policy, USDT/EUR trading pairs will be delisted from the platform and related tokens will be removed. Users can complete withdrawals before March 31, 2025. Please extract the relevant assets before the deadline.

Michael Sailor, founder of MicroStrategy, announced on Twitter that MicroStrategy has set the price for its Strike Preferred Stock (STRK) offering and increased the original transaction size from $250 million to $584 million. According to official announcements, Nasdaq listed company MicroStrategy (MSTR) announced the completion of the issuance of 7.3 million Series A perpetual exercise preferred shares (STRK) at a price of $80 per share, with an expected net financing of $563.4 million. The liquidation price of the preferred stock is $100 per share, with an annual dividend yield of 8%. The dividends can be paid in cash or in Class A common stock, and can be converted into common stock at an initial conversion price of $1000 per share. MicroStrategy stated that this financing will be used for general corporate purposes, including continuing to increase holdings of Bitcoin and supplementing operating capital. According to the terms, if the total liquidation value of the outstanding preferred shares is less than 25% of the total issuance amount, the company may redeem them in full; If a significant tax or legal event occurs, investors may request a repurchase. This issuance is led by Barclays Moelis & The joint underwriting by Company and other institutions is expected to complete delivery on February 5, 2025. As of January 2025, MicroStrategy holds approximately 190000 bitcoins, and this financing may further expand its bitcoin holdings.  

OKX-BTC/USDT is currently trading at $105022.20, with a 24-hour increase of 0.01%. Please be aware of market fluctuations.