DeepNewz

Regulation & Politics
Trump's Bitcoin Strategic Reserve Faces Skepticism from Senator Cynthia Lummis and Chairman Tim Scott in Congress
President Donald Trump's proposal for a U.S. strategic bitcoin reserve has garnered interest among some members of Congress

TradFi & Fintech
SBI VC Trade to Launch First Global Dollar Stablecoin USDC Transactions in Japan on March 12, 2025
SBI VC Trade, a cryptocurrency exchange under the SBI Group, announced that it will launch transactions for the stablecoin USDC on March 12, 2025

Hacks
Bybit Hack: Lazarus Group Launders $1.4B in ETH via THORChain, Converts to Bitcoin
Bybit, a major cryptocurrency exchange, was the victim of a significant hack on February 21, 2025, resulting in the theft of approximately 500,000 ETH

People
Ricardo Salinas, $5.8B Net Worth, Allocates 70% to Bitcoin Amid Grupo Elektra Delisting
Mexican billionaire Ricardo Salinas has disclosed that 70% of his liquid portfolio is now invested in Bitcoin-related assets.

TradFi & Fintech
Fundstrat's Tom Lee Predicts Bitcoin to Hit $150K by 2025, Highlights $83K Price and Market Cycles
Tom Lee, Chief Investment Officer of Fundstrat, has reaffirmed his prediction that Bitcoin will surpass $150,000 by the end of 2025

Regulation & Politics
IMF Loan Restricts El Salvador's Bitcoin Policies, Targets 3.5% GDP Improvement
El Salvador has secured a $1.4 billion Extended Fund Facility (EFF) from the International Monetary Fund (IMF), which imposes restrictions on the country's Bitcoin policies.

CeFi
FTX/Alameda Unstakes and Transfers $430M in Solana to 37 Wallets
The FTX/Alameda estate wallets have received a significant transfer of $430 million in Solana ($SOL), according to multiple sources

DeFi
Across Protocol Raises $41 Million Led by Paradigm, Bain Capital Crypto, and Coinbase Ventures for ACX Token to Enhance Ethereum Interoperability
Across Protocol has successfully raised $41 million in a token sale for its ACX token, with investment led by Paradigm

TradFi & Fintech
BlackRock: $11.5 Trillion Firm Warns of Bitcoin Shortage for 56 Million U.S. Millionaires Amid 21 Million Bitcoin Supply
BlackRock has stated that if every millionaire in the United States requested one Bitcoin from their financial advisors, there would not be enough Bitcoin available to meet that demand.

Blockchains
Arbitrum Economy Grows with Q4 2024 GDP Projected at $90 Million, Nearing $1 Billion, Onboarding Millions to Bitcoin DeFi
The Arbitrum economy is experiencing notable growth, with its quarterly GDP projected to reach approximately $90 million for Q4 2024





