Shiba Inu Partners with UAE Government Driving Price Surge and Milestones

Shiba Inu (SHIB) saw an 8% price surge, reaching approximately $0.0000164, following a partnership with the UAE’s Ministry of Energy and Infrastructure aimed at integrating blockchain at a federal level. This collaboration marks a significant step in redefining government services through emerging technologies.Additionally, Shibarium achieved a milestone of over 900 million transactions, while SHIB’s burn rate increased by nearly 600%, with 18.7 million tokens sent to a null address, potentially reducing supply and supporting price growth.

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ChainGPT Partners with Binance Pay to Enhance Cryptocurrency Payment Solutions

ChainGPT has partnered with Binance Pay to enhance the utility of its CGPT token, enabling seamless, gas-free transactions for users. The collaboration introduces campaigns like the Red Packet Campaign for gifting cryptocurrency and a C2C initiative allowing users to earn CGPT by sending crypto to friends and family. This integration aims to drive adoption and empower users within the growing Binance Pay ecosystem, which boasts over 40 million active users.

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Kraken to Delist Multiple Stablecoins in Europe Due to MiCA Regulations

Kraken will delist several stablecoins, including USDT, in the European Economic Area as the EU’s Markets in Crypto-Assets Regulation (MiCA) takes effect. Trading for these assets will be phased out, with margin trading set to “reduce-only” mode by February 13, 2025, and spot trading transitioning to “sell-only” by February 27. The final delisting will occur on March 24, 2025, with remaining balances converted to a MiCA-compliant stablecoin after March 31.

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Errol Musk Launches MUSK IT Memecoin to Fund Engineering Projects

Errol Musk is backing the Solana-based MUSK IT memecoin, aiming to raise $200 million for engineering projects through its sales. Despite a rapid increase in trading volume and market capitalization, concerns about transparency and sustainability persist, with critics questioning the long-term viability of celebrity-endorsed cryptocurrencies. The project seeks to establish the Musk Institute as a global engineering hub, but details on its financial operations and future strategies remain unclear.

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Tether Reports Record Profits and Expands US Treasury Holdings in 2024

Tether reported record profits of $13 billion in 2024, with its US Treasury portfolio reaching $113 billion, reflecting the growing popularity of its USD-pegged stablecoin, USDT. Despite a market cap dominance decline to 65%, USDT still holds 82% of the centralized exchange market share. The company is diversifying its investments into sectors like sustainable energy and AI, while also facing increased competition from USD Coin, which has gained traction amid regulatory scrutiny.

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Errol Musk Launches MUSKIT Coin Amid Concerns and Solaxy’s Success

Errol Musk plans to raise $200 million with the MUSKIT meme coin, which has already seen a significant price jump but is now facing skepticism due to concerns over its structure and transparency. Meanwhile, Solaxy, a Layer-2 solution for Solana, has raised over $16 million in presale, attracting positive attention from analysts who believe it could address network congestion issues.

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Musk It Emerges as Potential Next Big Meme Coin with Family Ties

Musk It is emerging as a potential breakout memecoin, fueled by its connections to the Musk family, particularly Errol Musk’s endorsement. With a market cap of $10 million, it offers a significant risk-adjusted upside compared to Dogecoin’s $60 billion, attracting a growing community of over 40,000 holders. Speculation surrounds possible endorsements from Kimbal or Elon Musk, which could propel Musk It to new heights.

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Mantra Token Surges to New High Following Major Partnership Announcement

Mantra (OM) surged over 40% to a new all-time high of $5.87, driven by a $1 billion tokenization deal with DAMAC Group, focusing on real estate assets in Dubai. With a market cap of $5.35 billion and a 214% spike in daily volume, OM ranks among the top performers in the crypto market. Meanwhile, the tokenization space is gaining traction, with significant developments in private credit funds and broader asset tokenization initiatives.

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Binance Coin and Remittix Compete for Investor Attention and Growth Potential

Binance Coin (BNB) is currently trading at around $663, with analysts predicting it could reach $1,000, supported by its role in the Binance ecosystem, deflationary tokenomics, and global adoption. However, competition from emerging tokens like Remittix, which has raised over $9 million in presale and offers innovative crypto-to-fiat solutions, may present greater investment opportunities. While BNB offers stability, Remittix’s disruptive technology and market potential could yield higher returns for risk-tolerant investors.

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Moove Expands Latin American Rideshare Operations with Kovi Acquisition

Moove has acquired Brazil-based Kovi to enhance its rideshare operations in Latin America, adding Kovi’s fleets and advanced IoT software to its portfolio. This move expands Moove’s global fleet to 36,000 vehicles across 19 cities, reinforcing its commitment to innovation and safety in mobility. In a separate development, products featuring Donald Trump’s brand are now accepting the $TRUMP meme coin as payment, despite criticism regarding its impact on the cryptocurrency industry’s legitimacy. The meme coin, launched on January 17, has a market cap of $5.4 billion, raising concerns about potential conflicts of interest as the White House adopts a pro-crypto stance.

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Spiko Launches EU and US T-Bill Money Market Funds on Arbitrum Network

French fintech firm Spiko has launched EU and US T-Bill Money Market Funds on the Arbitrum Layer 2 network, amassing over $150 million in assets. These funds, compliant with global standards, allow both institutional and retail investors to engage in tokenized finance, leveraging Arbitrum’s advantages in security and efficiency. With $17 billion in real-world assets tokenized globally, Spiko’s deployment highlights the growing trend of integrating blockchain technology into traditional finance.

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Mario Nawfal Announces Airdrop for New $MARIO Token After Surprise Launch

Mario Nawfal has announced an airdrop of $MARIO tokens following an unexpected memecoin launch that saw 70% of its supply land in an old wallet. Instead of profiting from the $7 million, he burned the tokens, boosting the market cap to $100 million within 12 hours and generating over $120 million in trading volume. The airdrop aims to reward the growing community of over 15,000 holders, emphasizing transparency and trust in the project.

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