ChainCatcher news, FOX Business reporter Eleanor Terrett stated that, according to several legal sources, the SEC has been prioritizing cases with court deadlines, which explains why we have not yet seen any pause requests in the Ripple and Kraken cases.Ripple's next court deadline is April 16, while Kraken's deadline appears to be March 31. The Binance case has been postponed to April 14, Lejilex's case to April 11, and Coinbase has agreed with the SEC to extend the deadline, allowing the SEC to respond to Coinbase's interim appeal request by March 14.SEC leadership may expect that Trump-nominated Chairman Paul Atkins will be confirmed by then. In the meantime, the cryptocurrency special working group, Congress, and the Presidential Working Group on Digital Assets may be working to fill the regulatory gaps that led to the initial lawsuits.

According to ChainCatcher news, as reported by CoinDesk, a recent survey by the cryptocurrency exchange Kraken shows that 85% of U.S. cryptocurrency investors hold Meme coins, with 76% believing that the potential returns outweigh the risks. The survey found that 44% of cryptocurrency holders believe that Meme coins will enhance the credibility of the crypto market, and 42% expect Meme coins to outperform other crypto assets in 2025.Data shows that FOMO is one of the main reasons investors purchase Meme coins. 29% of holders aim for short-term profits, while 23% see it as a diversification option for their portfolios. Notably, female investor participation is slightly higher than that of males, at 86% and 84%, respectively.

ChainCatcher news, according to FinanceFeeds, eToro announced that the Cyprus Securities and Exchange Commission (CySEC) has granted its EU subsidiary eToro (Europe) Ltd a license, allowing it to provide crypto services to all EU member states under the framework of the Markets in Crypto-Assets Regulation (MiCA). The company stated that this authorization allows it to operate in a unified crypto regulatory environment in Europe, but it must submit relevant notifications to each member state.

ChainCatcher news, according to CoinDesk, a new report from Chainalysis indicates that illegal cryptocurrency activities in countries sanctioned by the U.S. have surged, receiving nearly $16 billion in digital assets last year, accounting for about 39% of illegal token transactions. 2024 is expected to be a year when these countries (especially Iran) surpass individuals in sanction-related activities.The report states: "As Western restrictions tighten, sanctioned countries are turning to cryptocurrencies and alternative financial systems to sustain trade and access capital." Additionally, the cryptocurrency mixing platform Tornado Cash, which faced crackdowns from U.S. authorities in 2023, is still able to process hundreds of millions of dollars in cryptocurrency transactions each month by 2024, although it has not yet returned to pre-sanction levels.

ChainCatcher news reports that, according to 4E monitoring, the three major U.S. stock indexes briefly turned negative during the session but saw strong buying in the closing hours, ultimately achieving slight gains. The S&P 500 index rose by 0.24%, having reached a new high during the day, the Dow Jones increased by 0.02%, and the Nasdaq rose by 0.07%. Large tech stocks showed mixed performance, with Tesla down by 0.49% and Nvidia up by 0.4%. Most chip stocks and AI concept stocks rose.The cryptocurrency market experienced a downward fluctuation, with Bitcoin briefly dipping to $93,000, its lowest in nearly two weeks, driven by the U.S. stock market, before rebounding and currently fluctuating above $95,000. ETH saw a significant increase in market attention due to the market sentiment hitting bottom and the fading of meme popularity, currently oscillating around $2,700. The LIBRA exit event has intensified the market's gloomy sentiment, compounded by Bitcoin's sudden flash crash, leading to further blows to altcoins, which are continuously hitting new lows.In the forex commodities sector, Trump has once again unleashed a tariff strategy, pushing the dollar index up by 0.3%; oil prices rose on Tuesday due to an attack on a Russian oil pipeline, raising concerns about short-term supply disruptions. Tariff worries and tense negotiations regarding the Russia-Ukraine conflict have triggered safe-haven buying, with spot gold rising by 1.2%.On Tuesday, Trump reiterated plans to impose high tariffs on automobiles, semiconductors, and pharmaceuticals, but his erratic tariff policies are gradually making the market immune. In contrast, the market is more focused on the latest developments in the Russia-Ukraine situation, hoping for an early resolution to the conflict. Additionally, the Federal Reserve will release the minutes from the January meeting on Wednesday, with the market hoping to gain insights into the Fed's views on the impact of global trade conditions.eeee.com, as a financial trading platform supporting assets such as cryptocurrencies, stock indices, bulk gold, and forex, recently launched a USDT stablecoin financial product with an annualized return of 8%, providing investors with a potential safe-haven option. 4E reminds you to be aware of market volatility risks and to allocate assets wisely.

ChainCatcher message, according to SoSoValue data, the encrypted market sector continues to pull back, with AI Agents down 9.53%, while the RWA sector remains relatively strong. Within the AI Agents sector, the 24-hour declines for Virtuals Protocol (VIRTUAL), AIXBT, ai16z (AI16Z), and AI Rig Complex (ARC) are 13.96%, 10.63%, 11.22%, and 18.59%, respectively. However, the RWA sector has increased by 1.72% in the last 24 hours, with MANTRA (OM), Maker (MKR), and Plume (PLUME) rising by 4.35%, 10.63%, and 9.53%, respectively.In addition, the Meme sector has seen a 24-hour decline of 3.47%. Within this sector, Dogecoin (DOGE) is down 2.37%, Shiba Inu (SHIB) is down 2.75%, and Pepe (PEPE) is down 5.76%. Notably, the total market capitalization of the Meme sector has fallen to levels seen in November 2024, with the winter gains almost completely reversed.In other sectors, the CeFi sector is down 3.25% in the last 24 hours, the PayFi sector is down 3.30%, but Litecoin (LTC) has risen 6.55% against the trend. The Layer1 sector is down 3.67%, and the DeFi sector is down 4.22%.

ChainCatcher news, The ETF Store President Nate Geraci stated on social media that the fund giant Charles Schwab has established a digital asset chief position, which is expected to provide cryptocurrency spot trading services. The company is currently one of the largest brokerage firms in the United States.

ChainCatcher news, according to Bloomberg, cryptocurrency custody company BitGo Inc. has launched a global over-the-counter (OTC) trading business while planning to go public. This expansion comes as institutional investors, such as hedge funds, are increasing their demand for cryptocurrencies.As one of the largest digital asset custody companies in the United States, BitGo primarily helps investors store their digital assets. According to insiders, the company is considering an initial public offering (IPO) earlier this month.In a statement on Tuesday, BitGo announced that its OTC trading division will provide spot trading, options trading, and lending services for institutional investors to facilitate margin trading. Since the beginning of last year, the company has started offering services to select clients, with trading volumes reaching billions of dollars and lending exceeding $100 million. Additionally, the trading platform is not only available in the U.S. but also covers other jurisdictions, including Hong Kong and the Middle East.

ChainCatcher news, according to Cointelegraph, cryptocurrency supporter Howard Lutnick has been confirmed by the Senate as the U.S. Secretary of Commerce.It is reported that he has a risk exposure of hundreds of millions of dollars in Bitcoin.

ChainCatcher news, according to Decrypt, the Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime (Økokrim) has charged four men this week, accusing them of defrauding 963 million Norwegian kroner (approximately 86.5 million USD) through a fraudulent investment scheme between 2015 and 2018. The scam gang attracted investors with cryptocurrencies such as OctaCoin, NanoCoin, and Ormeus Coin, promising high returns but making no real investments.Victims are spread across Sweden, Belgium, the Netherlands, and China, who invested their funds into projects named Crypto888 Club, Octa Partners, and Nano Club. These brands actually belonged to the same Ponzi scheme, with Octa Partners rebranding to Nano Club after its collapse, then becoming Crypto888, and finally renaming to Nano Crowd, continuously defrauding investors.

ChainCatcher news, according to Jinshi reports, Argentine President Milei's spokesperson Adorni stated that considering Milei's involvement in bribery while promoting cryptocurrency is an "insult," and the government currently does not plan to dismiss any officials due to the cryptocurrency scandal.

ChainCatcher news, according to Bloomberg, crypto startup Altius Labs has completed a $11 million Pre-Seed funding round, led by Founders Fund and Pantera, with participation from institutions such as Archetype, Reforge, DCG, No Limit Holdings, and Amber Group, as well as angel investors from projects like Berachain, Movement, Ethena Labs, Ritual, dao5, Solana Foundation, and Hudson River Trading.Altius Labs was founded by Hudson River Trading software engineer Anit Chakraborty and former managing partner of Amber Group Annabelle Huang. Altius is building a VM-agnostic modular execution stack that separates the execution stack from a single binary implementation and network design, enabling seamless integration with any L1, L2, and application chains to immediately enhance performance and improve interoperability.

ChainCatcher news, according to Bloomberg, Nigeria is amending regulations to allow taxation on cryptocurrency transactions and digital transactions, aimed at increasing fiscal revenue.The Nigerian Securities and Exchange Commission stated that the agency is developing new rules to ensure that all eligible transactions can enter regulated exchanges and be included in the formal tax system, the agency said in response to questions via email.Currently, a bill regarding the taxation of cryptocurrency transactions and the introduction of other taxes has been submitted to lawmakers and is expected to pass this quarter.

ChainCatcher news, according to Cointelegraph, FTX Digital Markets, the Bahamian subsidiary of the collapsed cryptocurrency exchange FTX, will repay debts to the first batch of creditors on February 18, bringing approximately $1.2 billion in funds.Alvin Kan, Chief Operating Officer of Bitget Wallet, stated that FTX's repayment is seen as a positive signal for the recovery of the cryptocurrency industry. He believes that a significant portion of the $1.2 billion repayment may be reinvested into cryptocurrencies, potentially affecting market liquidity and prices.

According to ChainCatcher news, a research report released by Consensus indicates that the cryptocurrency adoption rate in the Asian market has reached 22%, which is about three times the global average (7.8%).Michael Lau, Chairman of Consensus Hong Kong, stated that the Asian market's significant position in the blockchain and cryptocurrency sector is growing day by day. Hong Kong, in particular, has vast development prospects in digital assets and Web3. As an international financial center, it is crucial for citizens to engage with virtual assets and explore how to connect Hong Kong dollar stablecoins with a broad banking ecosystem.