The global crypto market cap increased 1.36% over the past day, and is currently at $3.2 tn. The total crypto market 24h volume decreased 19.74% to $83.7bn.
US BTC spot ETFs recorded a daily net outflow of $64.1m, higher than the net outflow recorded a day prior. Meanwhile, ETH spot ETFs recorded over 4x higher inflows on Feb 19 than they did on Feb 18.
Crypto liquidations came in at $125.19m in the past 24 hours, with 57.5% of them short positions. Bitcoin related liquidations led the market with 65% of liquidated positions being short.
According to Lookonchain, a whale address withdrew a total of 134,482 SOL worth around $22.85m in the past 3 days from Binance and staked it.
According to CryptoQuant, over 28k BTC entered into accumulation addresses—often linked to OTC deals and long-term holdings.
Binance CEO Richard Teng posted on X a warning for the crypto community about a rising scam called “share-seed-phrase”, a social engineering scam through which fraudsters impersonate exchange representatives and manipulate victims into transferring funds to "safe" wallets controlled by them by importing a seed phrase.
Binance.US has resumed USD deposits and withdrawals 18 months after the SEC lawsuit halted the fiat functionality of the platform. Customers can now make zero-fee deposits and withdrawals through ACH bank transfers, a feature that will become available to all eligible users in the next few days according to Binance.US.
Brazil’s Securities and Exchange Commission (CVM) has approved the world’s first XRP ETF, from the crypto investment firm Hashdex. This, together with US SEC's acknowledgment of multiple XRP ETF filings, caused a 7% increase in XRP price.
US President Trump said at a conference on Wednesday that he will announce fresh tariffs "over the next month or sooner", adding lumber and forest products to previously announced tariffs on imported cars, semiconductors and pharmaceuticals.
The Minutes from the Fed's January 28-29 meeting revealed that the staff's outlook remained unchanged from December, with rates held at 4.25%-4.50% and a cautious, data-dependent stance due to persistent inflation and a strong labor market. The hawkish tone stressed that easing would require clear signs of lower inflation, given risks from Trump's trade policies and other uncertainties. They also considered pausing or slowing balance sheet run-off due to debt ceiling concerns and confirmed the retention of the 2% inflation target, signaling a "wait-and-see" approach with few rate cuts expected in 2025.
The SEC dropped its appeal against a Texas court ruling that blocked its 2024 broker-dealer rule. The original rule would have required DeFi platforms and liquidity providers with over $50m in capital to register as dealers. District Judge O'Connor had ruled this exceeded the SEC's authority in Nov 2024, and crypto industry groups argued the rule would create impossible compliance requirements for decentralized protocols. The SEC's withdrawal on Feb 19, 2025 effectively concludes this legal battle.
The LIBRA token co-creator Hayden Davis allegedly boasted via text messages that he could control Argentina's President Javier Milei by sending money to the president's sister, Karina Milei. In these messages from December, Davis claimed that his payments effectively allowed him to dictate Milei’s actions. However, Davis’s spokesperson later denied any such transactions, insisting there was no record of money changing hands and saying the reports are politically motivated. LIBRA—a Solana-based memecoin that saw an initial surge, netting Davis’s venture over $100 million, before crashing by more than 95%, has fueled political backlash including threats of impeachment by opposition leaders, continues to raise serious questions about the interplay between political influence and crypto promotions.
