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Meme Coin Punch Market Cap Surges to $40 Million Briefly, 24-Hour Gain Reaches 51%

2 hours ago

On February 25th, GMGN monitoring data shows Solana ecosystem meme coin Punch hit a $40 million market cap this morning before seeing a slight pullback. It’s currently valued at $37 million with a price of $0.037, up 51% in the past 24 hours—while trading volume over the same period has topped $19.4 million. BlockBeats advises users that meme coin trading is highly volatile, heavily dependent on market sentiment and hype, lacks tangible value or real-world use cases, and investors should be cautious of associated risks.
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Tron processed 994M transactions in Q4 2025, up 16.5% QoQ. Daily transactions peaked at over 12.6M on October 28.

Tron processed 994M transactions in Q4 2025, up 16.5% QoQ. Daily transactions peaked at over 12.6M on October 28.

6 minutes ago

Tether CEO Teases Launch of Cryptocurrency Debit Card Business with Preview Video

On February 25, Tether CEO Paolo Ardoino dropped a teaser video yesterday, featuring a metallic app icon that looks like a bank card. The crypto community is speculating Tether will launch a crypto debit card service. ### Notes on American English adjustments: 1. **Date framing**: Added "On" before the date (standard for American news style). 2. **Casual, natural verbs**: Used "dropped" (common in U.S. tech/crypto discourse for sharing teasers) instead of "released"; "looks like" (more conversational than "resembling" for quick updates). 3. **Flow**: Split the long sentence into two for readability (fits U.S. short-form news conventions). 4. **Clarity**: Kept "crypto community" explicit (aligns with U.S. audience familiarity with the term). No extra information added—strictly aligned with the original content while adapting to American language habits.

6 minutes ago

Trader 0xRay has increased their long position on Nvidia to $16.4 million, now holding the largest on-chain NVDA long position

On February 25th, per Coinbob’s popular address monitoring (via https://t.me/Coinbob_track_CN), renowned crypto trader Ray (X: @0xRay518) has boosted leverage to 6x on his NVIDIA (NVDA) perpetual contract long position over the past 24 hours. The additional capital allocated totaled roughly $2.019 million, with an average entry price of $192.83—expanding his total position size to $16.4 million and nudging his average entry price slightly higher to $190.1. His position’s current unrealized profit stands at ~$290,000 (an 8.68% gain), with a liquidation price of $162.56. First opened on February 18th, this position is now the largest NVDA long position on the Hyperliquid platform. The address has also closed all its Micron (MU) long positions, currently holding only a single NVDA position. Previous trading records show Ray opened an NVDA long position in November 2023 at an average price of $177, gradually adding to the

6 minutes ago

Spot Gold Hits $5200/Ounce, Silver Surges 4% Intraday

On February 25, Bitget market data shows spot gold hit $5,200 per ounce, posting an intraday gain of 1.13%. Spot silver surged 4% intraday and was last trading at $90.67 per ounce.

6 minutes ago

Coinbase CEO Calls on UK Users to Sign Petition for Stablecoin Regulation, Urges Government to Appoint Blockchain Transaction Commissioner

On Feb 25, Coinbase CEO Brian Armstrong stated that the UK’s ongoing stablecoin regulation finalization could undermine the country’s competitiveness in the global digital economy. For example, the Bank of England has proposed capping the amount of stablecoins individuals and businesses can hold. The UK has long been a global financial hub—embracing and fostering innovation, particularly as other nations advance rapidly, is critical to maintaining that position. However, the current regulatory direction runs counter to this, and it will stifle innovation. Armstrong is calling on UK users to sign a petition from StandwithCrypto. The petition advocates for stable, tokenized regulatory frameworks that drive innovation, including: supporting interest-bearing stablecoins, preserving their role as wholesale settlement assets, exploring government blockchain use cases, appointing a dedicated blockchain and cryptocurrency affairs chief, and more.

6 minutes ago

Bitcoin Dips Below $65K, Bounce Back Stalls Again

February 25 — Per HTX market data, while Asia-Pacific stocks surged in early trading, Bitcoin initially rebounded 2.64% within an hour. The rebound was short-lived, though, as the cryptocurrency continued to decline in subsequent hours. As of press time, Bitcoin has fallen below $65,000, currently trading at $64,872.89, with a nearly 0.82% drop over the past hour.

6 minutes ago