Kategorie: Crypto Business

• Rumours that crypto exchange Binance, the world’s largest by trading volume, is for sale are just that – rumours.
• That’s according to the latest details Binance co-founder Changpeng Zhao “CZ”.

Binance “not for sale”

The former Binance CEO, and currently at the helm of YZi Labs, said speculation that the exchange was headed for sale are a result of FUD from “some lowly self-perceived competitor in Asia.”

“As a shareholder, Binance is not for sale,” CZ posted on X on Monday, Feb. 17. 

The remarks echo those of co-founder Yi He, who has also dismissed the circulating claims as started by a competitor. He added that as a company, Binance continually receives investment and cooperation requests from players across the industry.

Yi, a co-founder of Binance and chief customer service, said the company cannot rule out potential strategic partners. Binance is open to mergers and acquisitions, she noted.

“Top investors have always been interested in Binance. Over time, we may allow some investments in the single-digit percentage range,” Zhao added.

CZ’s comments follow notable speculation regarding the potential sale of the top CEX platform.

Zhao himself stepped down as Binance CEO in 2023. He served a four-month prison sentence after a plea deal with US authorities, that saw the exchange agree a $4.3 billion settlement. The exchange is also still in a legal tussle with the SEC.

Afte the latest rumours, the native BNB token that surged in the past week pared gains. However, with CZ, who is a shareholder at the company, adding to comments by He, price could see an upside.

BNB price hovers around $673, flat in the past 24 hours and about 10% up over the past week.

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Key takeaways

• Michigan has joined the wave of other states in the U.S. looking to invest in cryptocurrencies.
• Bitcoin Pepe’s presale approaches $2m two days after launch.

Michigan proposes crypto investments

More states in the United States are looking to invest in cryptocurrencies. Michigan’s state representatives, Bryan Posthumus and Ron Robinson, proposed House Bill 4087 to allow the state to invest in Bitcoin and other cryptocurrencies. 

If the bill is approved, the state treasurer can allocate up to 10% of Michigan’s general and economic stabilization funds to cryptocurrencies. Michigan joins a wave of other states in the U.S. proposing to invest in cryptocurrencies. 

What is Bitcoin Pepe?

With Michigan and other states looking to invest in cryptocurrencies, Bitcoin will likely top the list as it is the number one crypto by market cap. Bitcoin Pepe is leveraging Bitcoin’s position in the market to introduce memecoins to its ecosystem. 

It is a layer-2 network building on the Bitcoin blockchain. Bitcoin Pepe is a meme-specialized layer-2 solution built on top of Bitcoin, bringing Solana-style scalability to the Bitcoin network.

According to the whitepaper, Bitcoin Pepe is designed to become ground zero for all memecoin trading and move all this economic activity to the BTC ecosystem. This project will unlock DeFi and meme trading on top of BTC. The team describes Bitcoin Pepe as the perfect fusion between BTC’s security and the unstoppable force of memecoins.

The team added that Bitcoin Pepe is the first-ever meme initial coin offering (ICO) on the Bitcoin blockchain. With this, BTC Maxis will be able to trade memes, and combining high levels of trust (BTC) with high levels of performance (SOL) will lead to high levels of retail mass adoption.

How can Bitcoin Pepe advance the Bitcoin ecosystem?

Bitcoin is the oldest blockchain in the ecosystem but offers less utility than smart contract blockchains like Ethereum and Solana. However, Bitcoin Pepe plans to open up the blockchain further by allowing the launch of memecoins and other narratives on the network. 

By ushering in memes on Bitcoin, Bitcoin Pepe will turn the blockchain into the home base for the crazy high-octane meme experience. The team believes the BTC bridge will unlock $2 trillion in dormant BTC capital and make it available for memecoin trading.

Bitcoin Pepe will launch as a Layer-2 network, providing the necessary infrastructure for all memes to migrate to BTC and ensuring security and liquidity for investors and users. 

Bitcoin Pepe presale raises $2m in two days

Bitcoin Pepe’s presale launched two days ago and is already close to a new milestone. According to their official whitepaper, the Bitcoin Pepe presale has raised $1,937,568 in just two days.

This isn’t surprising, as its native token, $BPEP, will power the Bitcoin Pepe layer-2 network and several other activities within the ecosystem. The presale allows investors to buy the tokens before they are listed on exchanges. 

Investors can purchase the $BPEP tokens using various cryptocurrencies, including ETH, USDT, USDC, BNB, and SOL. 

The presale could be an opportunity to purchase $BPEP at a discount. Solana’s SOL currently trades at $196 per coin. However, it was sold for $0.22 during its presale in 2020, indicating how early investors benefit from partaking in presales.

Bitcoin Pepe aims to be a leading L2 network on Bitcoin, offering users security and liquidity. In addition to that, it is leveraging the recent growth of memecoins to launch as one while working to introduce more memecoins to the Bitcoin ecosystem.

The post Michigan proposes investments in Crypto as Bitcoin Pepe’s presale nears $2m appeared first on CoinJournal.

Key takeaways

• Strategy (formerly MicroStrategy) has resumed its Bitcoin acquisitions with $742 million,
• The Bitcoin Pepe presale kicks off in 18 hours, with the project focusing on uniting all memes on a single blockchain.

Strategy purchases 7,633 BTC for $742m

Michael Saylor’s Strategy (formerly MicroStrategy) has resumed its weekly Bitcoin acquisition after spending over $400 million. On Monday, the company announced that it purchased another 7,633 BTC for approximately $742.4 million at an average price of $97,255 per bitcoin.

This latest acquisition follows the sale of 516,413 shares of Strategy’s class A common stock ($179 million) and 7,300,000 shares of its 8.00% Series A Perpetual Strike Preferred Stock ($563.4 million). Strategy now holds 478,740 BTC, worth over $46 billion.

What is Bitcoin Pepe?

Bitcoin is the world’s leading cryptocurrency by market cap, while Pepe is one of the most popular memecoins in the crypto ecosystem. However, Bitcoin Pepe is a unique project that is set to offer users utility within the Bitcoin ecosystem.

Bitcoin Pepe is a layer-2 network building on the Bitcoin blockchain. It is a meme-specialized layer-2 solution built on top of Bitcoin, bringing Solana-style scalability to the Bitcoin network.

Bitcoin Pepe aims to become ground zero for all meme coin trading and move all this economic activity to the BTC ecosystem. 

In their whitepaper, the team said Bitcoin Pepe unlocks DeFi and meme trading on top of BTC. They described it as the perfect fusion between BTC’s security and the unstoppable memetic force of meme coins.

The project also prides itself on being the first-ever meme ICO on the Bitcoin blockchain. With this, BTC Maxis will be able to trade memes, and combining high levels of trust (BTC) with high levels of performance (SOL) will lead to high levels of retail mass adoption.

What does Bitcoin Pepe offer to the Bitcoin ecosystem?

Bitcoin is currently the oldest blockchain and home to exciting projects like Ordinals. However, Bitcoin Pepe plans to open up the blockchain further by allowing the launch of memecoins and other narratives on the network. 

The project intends to usher in memes on BTC, turning crypto’s oldest chain into a home base for the crazy high-octane meme experience. The team believes the BTC bridge will unlock $2 trillion in dormant BTC capital and make it available for meme coin trading.

As a layer-2 network, Bitcoin Pepe will provide the infrastructure for all memes to migrate to BTC, ensuring security and liquidity to investors and users. 

Bitcoin Pepe presale to commence on Feb. 11

Bitcoin Pepe is launching a presale to allow investors to purchase its native tokens before listing on exchanges. $BPEP will power the Bitcoin Pepe layer-2 network and several other activities within the ecosystem.

The presale launches in 17 hours, and users can purchase the tokens using a wide range of accepted payment options, including cryptocurrencies, debit, and credit cards. Solana’s SOL currently trades at $202 per coin. However, it was sold for $0.22 during its presale in 2020, an indication of how early investors benefit from partaking in presales.

As a Layer-2 network on the Bitcoin network, Bitcoin Pepe offers users security and liquidity. Furthermore, it is leveraging the recent growth of memecoins to launch as one while working to introduce more memecoins to the Bitcoin ecosystem. 

With the right level of adoption, $BPEP could become one of the best performers in the crypto market in the medium to long term.

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Key takeaways

• The U.S. SEC has approved a spot Bitcoin and Ethereum ETF.
• The iDEGEN presale ends in 25 days, with nearly $19 million raised. 

SEC Approves Bitwise’s Bitcoin and Ethereum ETF

The United States Securities and Exchange Commission (SEC) has approved the launch of the Bitwise Bitcoin and Ethereum exchange-traded fund (ETF). The fund gives investors exposure to both spot bitcoin (BTC) and Ethereum (ETH).

This latest development comes roughly a month after the SEC approved similar products filed by Hashdex and Franklin Templeton. Hashdex’s Crypto Index ETF gives investors exposure to a basket of different cryptocurrencies. Meanwhile, Franklin Templeton intends to launch its product soon. 

What is iDEGEN?

With a crypto-friendly SEC, cryptocurrency companies are now launching products for clients in the United States. An important project investors could keep tabs on is iDEGEN, as it blends the AI and memecoin narrative.

iDEGEN is a meme project that leverages the benefits of AI to create the next billion-dollar memecoin. The project is currently in its presale and will use the money raised from investors to launch several products and services. 

According to the team, iDEGEN is an AI tool that primarily functions as such. It continuously evolves and adapts by leveraging community feeds on X. While iDEGEN is powered by AI, degens ultimately raise the tool. 

The $IDGN token powers various activities within the iDEGEN ecosystem. Its launch as a memecoin is strategic thanks to the massive rise of this narrative in the last few days. In 2024, the memecoin ecosystem grew from a $20 billion market cap to $120 billion, representing a 500% growth within 12 months. The trajectory in 2025 is promising thanks to the recent launch of the $TRUMP memecoin by the president of the United States. 

The $IDGN launch on exchanges will occur in less than a month. Once it goes live, it could become one of the best-performing coins in the broader crypto market. 

In the whitepaper, iDEGEN explained that the users feed the tool their data through tweets, tags, and comments. The iDEGEN tool absorbs the post and adds it to its knowledge base; that’s how it learns. Furthermore, iDEGEN posts on X every 60 minutes and can generate and post memes. 

iDEGEN’s presale approaches $19m

The iDEGEN presale continues to gain momentum as it enters the last three weeks before the token launch. It has entered a new stage after raising nearly $19 million from early investors. 

In the current stage, the $IDGN token is worth $0.0161, and its price will increase to $0.0177 in the next stage. In the last presale stage, it will be worth $0.038, giving early investors a massive ROI before the token launches on exchanges. 

Once the presale ends, $IDGN will list on centralised and decentralised trading platforms. 

Why should investors buy the $IDGN token?

The iDEGEN presale ends in 25 days and could turn out to be an excellent project for investors and users. Its unique value proposition makes it an interesting memecoin. 

iDEGEN could gain massive adoption within the crypto world as its tool offers an excellent use case. As an early investor, $IDGN could deliver excellent ROI in the coming weeks and months.

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Key takeaway

• Dogizen is the first Telegram ICO, raising nearly $4m in its presale so far.
• The project is a direct competition to Catizen, the popular cat-themed game on Telegram.

What is Dogizen?

Dogizen is an exciting project that prides itself as the first Telegram ICO. Telegram has become a widely used app for several crypto developers in recent years, thanks to the billions of users on the platform. 

It is a tap-to-earn project that is a direct competition to Catizen, the popular cat-themed game on the Telegram app. According to the team, Dogizen is designed to keep friends connected and together through Telegram.

Players can collect Treatz (Dogizen coins), connect with friends through refurrals, fetch flights, and retrieve passport stamps as they explore new destinations. The Dogizen team is also working on map expansions and new mini-games.

While Telegram projects have become popular, Dogizen is taking it further by enabling users to purchase their ICO within Telegram. 

What does Dogizen plan to do after launching its ICO?

According to the Dogizen website, the ICO ends in eight days, after which the token will list on centralised and decentralised exchanges. As the first Telegram ICO, the platform intends to provide exclusive perks for players and seamless deployment for developers.

With Treatz being usable across the entire Dogizen Universe, users can spend their coins in multiple game worlds. Furthermore, with a large audience on an active game (over 1 million active players), Dogizen has already started delivering on its roadmap and is taking things to the next level. 

With their viral growth, the Dogizen team expects to leverage their community to make the presale and further roadmap progression successful. In the second phase, Dogizen will unveil its launchpad, expand the Dogizen gaming arcade, and introduce the developer SDK. 

Dogizen presale approaches $4m

The Dogizen presale is moving excellently and is set to end in eight days. The ICO is in its fifth out of ten stages, with the team raising over $3.7 million so far. Investors can purchase the Treatz token using various cryptocurrencies, including Ether, USDC, USDT, BNB, and SOL. Dogizen also has a card option for those who wish to pay using fiat currencies. 

In this current stage, Treatz is going for $0.000085 and is set to increase to $0.000089 in the next stage. 

In addition to buying the tokens via the official Dogizen website, investors can also do so using the Dogizen Telegram mini-app. Simply access the Dogizen mini-app on Telegram, navigate to the buy menu, enter the amount, confirm the purchase, and complete the transaction. 

Should you buy the Dogizen tokens now?

Dogizen is the first Telegram ICO project that is planning to expand beyond its current tap-to-earn feature. The Dogizen team intends to unveil a launchpad, expand the Dogizen gaming arcade, and introduce the developer SDK. Hence, it is a dog-themed project with exciting utility for the community.

The Treatz token currently goes for $0.000085 and could surge higher once the ICO ends in a week. The ICO could be an excellent opportunity for investors to purchase the tokens at a discount.

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