CryptoPotato Official

CryptoPotato Official

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#Cryptocurrency #Bitcoin #cryptonews since 2016

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CryptoPotato Official

📌 @Cango_Group disclosed it sold 4,451 BTC for ~$305M (avg. ~$68K/BTC), using the proceeds to partially repay a BTC-backed loan. After the sale, it reported holding 3,645 BTC. Board approved after reviewing market conditions.

CryptoPotato Official

💥 @Strategy Adds More @Bitcoin to Its Treasury Strategy disclosed it purchased 1,142 BTC last week at an average price of $78,815 per BTC. The company now reports total holdings of 714,644 BTC.

CryptoPotato Official

🔍 Centralized crypto firms captured the largest share of 2025 funding, attracting ~$20B of the $35B invested, per Cointelegraph Research / CryptoRank data. Capital flowed into RWAs and stablecoins, as investors prioritized scale, compliance, and real revenue, while GameFi, NFTs, and social crypto saw funding fade.

CryptoPotato Official

🚨 USDC mint: 250M $USDC minted at the USDC Treasury. Minting does not necessarily mean immediate market inflows - often reflects anticipated demand or reserve management.

CryptoPotato Official

📍 UPDATE: Bernstein analyst calls the current BTC pullback “the weakest @Bitcoin bear case in history,” saying the sell-off is more about confidence than a breakdown in fundamentals. The firm also reaffirmed a $150,000 Bitcoin price target for the end of 2026, maintaining a long-term bullish outlook despite recent volatility.

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🚨 Spot @Bitcoin ETF outflows continue U.S. spot BTC ETFs recorded ~$318M in net outflows last week, following a ~$2.8B exit over the prior two weeks. This brings year-to-date net outflows to ~$3.1B, according to public ETF flow data.

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📢 DeFi Beyond “USDC Yield”: What Vitalik’s Comment Signals - @VitalikButerin recently pushed back on the idea that DeFi is just “USDC yield” or “put USDC into Aave.” His point is that DeFi’s core value is reducing counterparty risk and keeping finance more open and self-custodied, not just chasing returns. He also noted that some algorithmic stablecoin designs can qualify as “DeFi,” but only if they genuinely improve the risk profile (e.g., overcollateralized and/or diversified structures) rather than hiding leverage.

CryptoPotato Official

🇺🇸 White House is set to host a second meeting on Tuesday, Feb. 10 focused on stablecoin yield, with crypto and banking representatives expected to attend.

CryptoPotato Official

💥 @binance’s SAFU Fund wallet added 4,225 BTC (~$299.6M), bringing total holdings to 10,455 BTC.

CryptoPotato Official

🚨 Tether’s investment spree & hiring plans - @tether has deployed stablecoin profits into 140+ investments across sectors (including agriculture and sports) and plans to scale headcount to ~450.

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