Dear Crypto: Don't Play With My Heart This Close To Valentine's Day 💘

Green! And a look at DOGE, RUNE, and AVVE's MVRV

Presented by

OVERVIEW

Dear Crypto: Don't Play With My Heart This Close To Valentine's Day 💘

Source; Giphy

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

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

Source: TradingView

NEWS IN THREE SENTENCES
Crypto News 📰

🍀 Cathie Wood Bets on $1.5M Bitcoin

She says institutions are all over BTC like ants on a sugar hill, driving it to $1.5M by 2030. But it first has to conquer the $100,000 barrier to really blow the top off. Scarcity plus big-money FOMO is a recipe for “get in or get left behind.” Crypto-Economy.

😨 Over 300 Freed from Myanmar Crypto Scam Hell

Thailand pulled the plug—literally—on border electricity, freeing hundreds trapped in scam factories. The Thai government refuses to house them permanently, so border patrol camps are the new pit stops. Criminals in suits are next on the eviction list if they can’t keep their shady operations hidden. Protos.

🤑 Galaxy, Ripple CEOs Saved MoonPay’s TRUMP Coin Frenzy

Demand for the TRUMP memecoin soared, nearly DDoS’ing MoonPay’s wallet and emptying its liquidity. Mike Novogratz and Brad Garlinghouse tossed them a cool $160 million lifeline over a holiday weekend. That coin shot to a $70B fully diluted value, fueling the age-old debate of hype vs. ethics. Cointelegraph.

🚨 zkLend Exploit Bleeds $9.5 Million

A hacker drained funds from Starknet to Ethereum, then hopped through Railgun to cover their tracks. zkLend froze withdrawals and dangled a 10% white-hat bounty, but they’ve set a Valentine’s Day deadline before calling the crypto cops. Turns out love isn’t in the air—just frantic attempts to claw back stolen ETH. decrypt.

📼 Trump Taps a16z’s Quintenz for CFTC

Brian Quintenz, once a CFTC commissioner, could soon shape crypto rules with a lighter regulatory touch. He’s itching to boost the CFTC’s profile while big Gensler vibes over at the SEC. Meanwhile, Bitcoin dips again, because apparently even bullish politics can’t fix crypto’s mood swings. Cryptopotato.

🏦 Injective’s TradFi Index: On-Chain Stocks Without the Nine-To-Five

They now offer a perpetual market for hundreds of top equities, trading 24/7 with up to 25X leverag. No broker accounts or U.S. residency, just open a browser and pretend you’re the next Warren Buffett. Injective Protocol.

SPONSORED
Timely insights in five minutes.

Why is bitcoin up—or down? What does a Trump presidency mean for crypto markets? What’s the next killer app in crypto? Subscribe to the Weekly CIO Memo to receive expert analysis on the biggest stories in crypto from Bitwise CIO Matt Hougan.

Every week, Matt and the Bitwise research team unpack key developments in crypto, offering clear, data-driven insights on the topics that matter most to investors. Get up to speed in five minutes or less.

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here. 

Subscribe to keep reading

This content is free, but you must be subscribed to The Litepaper to continue reading.

I consent to receive newsletters via email. Sign up Terms of service.

Already a subscriber?Sign in.Not now