OVERVIEW

Crypto On Tariffs: 'Meh'

Before we dive in, here’s today’s crypto market heatmap:

And here’s a look at crypto’s total market and altcoin market cap charts:

NEWS IN THREE SENTENCES
Crypto News 📰

🔑 Phantom Era On Sui: 15M Users Can Now Access SUI

Phantom wallet integrated Sui as its first Move-based chain, letting users easily swap and manage SUI assets. The chain’s soared into the top 10 TVL, crossing $2 billion locked, so Phantom’s bet is that Sui mania isn’t slowing down. Sui blog.

📈 Grayscale Debuts Bitcoin Miners ETF

Grayscale’s new ETF (ticker: $MNRS) invests in public mining companies and picks up data center, hosting, and hardware stocks. Think Marathon, Riot, and others that basically bet on Bitcoin’s price without actually holding BTC. CryptoBriefing.

🐕 ShibOS Farewell (Kinda): Shytoshi Takes On “Lead Ambassador”

Shiba Inu’s main visionary is stepping aside from daily duties to champion global adoption as a top spokesperson. He insists he’s done everything except stablecoin Shi and Shibacon, so now it’s time for “execution and communications.” Shiba Inu blog.

👩‍🎓 Gen Z: Front-Runners Of Crypto Adoption

A Gemini survey says over half of Gen Z globally has hopped on the crypto train. They see it as both a quick income source and an inflation hedge. They’re also the least keen on more government oversight; ironically, they might end up making the rules if (or when) they swarm Capitol Hill. The Shib.

❤️ Quant Partners With Cure3 To Battle Parkinson’s

Quant is sponsoring a Cure3 fundraising event to help cure Parkinson’s. Proceeds from NFT-based art pieces will funnel back to the charity every time they’re resold. It’s a nice example of “digital money meets actual real-world good,” so let’s hope the synergy helps kill one more nasty disease. Quant blog.

🚨 $74 Million Gone: January’s Ugly Start For Crypto

Hackers had a field day in January, scoring $74 million from 19 incidents, per Immunefi’s monthly security tally. A CeFi attack on Phemex snatched $69 million alone, with the rest split among various DeFi hits across BNB Chain, Ethereum, Arbitrum, and Base. On the bright side, it’s still “only” half of what we lost in January 2024—so, progress? The Block.

💼 Ondo’s Bringing Tokenized Treasuries (OUSG) To XRP Ledger

Ondo Finance is deploying OUSG, a short-term US Treasury fund, onto XRPL for institutional DeFi. Ripple and Ondo are setting up liquidity so big money can flip in and out of stable yields around the clock. With onchain compliance built in, it’s basically the “bridge traditional finance was waiting for,” if you believe what their PR folks claim. Ondo blog.

⚠️ Robinhood CEO: “Tokenize, Or We Fall Behind”

Vlad Tenev says the US is missing out if we don’t let people buy tokenized shares of big private companies like OpenAI and SpaceX. He wants relaxed accreditation rules and a clear path for “security tokens” so normal folks can invest before these tech unicorns are public. Otherwise, the US might watch the rest of the world pass us by in the “financial markets 2.0” race. CryptoSlate.

💰 Tesla’s $600M BTC Accounting Twist

Thanks to new FASB crypto accounting rules, Tesla can book a $600 million “paper gain” on its Bitcoin stash for Q4 2024, bumping GAAP income up to $2.3 billion. No more carrying crypto at a discount on the balance sheet—Wall Street can’t make fun of “impairments” now. TL;DR: Tesla’s still holding a billion-dollar chunk of BTC, courtesy of the new regulations letting them count it at fair value. Cointelegraph.

⚡ Circle Rolls Out Native USDC on Aptos

Forget bridging your USDC from Ethereum; Circle’s minted a fresh, official version on Aptos, meaning no more random “lzUSDC” that’s not redeemable through Circle. Aptos devs can now integrate the “real” stablecoin, minted 1:1 with real greenbacks. Circle blog.

🪙 Kraken Relaunches On-Chain Staking for (Some) U.S. Users

Kraken’s bringing back a brand-new on-chain staking product for 37 states and 2 territories, letting you lock up your assets and help secure networks. This is the real, on-chain bonding experience: Kraken hands your tokens to validators, they make blocks, and you (hopefully) rake in those sweet staking rewards. It’s a partial U.S. rollout for now, but Kraken says more states will follow. Kraken blog.