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Pieverse has completed a $7 million strategic funding round, with lead investments from Animoca Brands and UOB Ventures.

2025.10.24 16:08:17

On October 24th, the Web3 startup Pieverse in the payment and compliance infrastructure field has completed a strategic financing round of $7 million. This round was led by Animoca Brands and UOB Ventures. The co-investors include 10K Ventures, Signum Capital, Morningstar Ventures, Serafund, Undefined Labs, and Sonic Foundation. Previously, Pieverse had received support from Binance MVB Season 9. Its goal is to timestamp value through verifiable on-chain financial instruments in order to make Web3 transactions more transparent and compliant.
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Bloomberg Analyst: Bitcoin Still a High-Volatility, High-Risk Asset

On February 8, Bloomberg ETF analyst Eric Balchunas took to social media to share: “It turns out the call that BTC ETF investors are more resilient than many assumed is right—but my earlier take that market volatility would fade was wrong. I’d thought the retail investors drawn in by the ETF would replace the ‘dumb money’ retail crowd from pre-FTX days, thus stabilizing the market. What I missed? Bitcoin OGs are selling in droves. “I originally figured they’d hold tight (HODL) after weathering multiple extreme rallies. Plus, a 450% jump over two years should’ve been a red flag—too much, too fast. We’ve stuck to our view on BTC: it’s still a high-volatility, high-risk asset class, at least for the foreseeable future.”

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CFTC Allows National Trust Banks to Issue a Dollar Stablecoin Under GENIUS Act Framework

On February 8, Cointelegraph reported that the U.S. Commodity Futures Trading Commission (CFTC) has expanded stablecoin regulations to permit national trust banks to issue U.S. dollar-pegged tokens under the GENIUS Act framework.

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A new wallet withdrew 630 BTC from Binance, equivalent to approximately $44.31 million

On February 8, Onchain Lens analytics indicates a newly created crypto wallet withdrew 630 BTC from Binance, valued at roughly $44.31 million.

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Polymarket Prediction: "Bitcoin to Rebound to $75k in February" Probability Rises to 64%

As Bitcoin climbed back above $70,000 on February 8, it was last trading at $70,132. On Polymarket, the probability that Bitcoin will hit $75,000 in February has risen to 64%. Additionally, the odds of it reaching $80,000 stand at 30%, while the chance of it dropping to $60,000 is 37%.

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Ethereum Surges Above $2,100, Up 4.06% in 24 Hours

February 8: Ethereum rebounded above $2100, per HTX market data, posting a 24-hour gain of 4.06%.

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Bitcoin Breaks $70,000, 24-hour Gain 2.1%

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