🔴Bitrue Crypto News February 6, 2025. 1️⃣. Market Hotspots • World Liberty Financial Increases Ethereum Holdings: Trump-backed World Liberty Financial (WLF) unstaked 19,423 stETH to ETH and acquired 1,826 ETH ($5M), reinforcing its position in Ethereum amid market shifts. • SEC Reduces Crypto Enforcement Efforts: The SEC is reallocating staff from its crypto enforcement division, indicating a shift toward a less aggressive regulatory stance under the Trump administration. • Pro-Crypto Legislation Expected by Late 2025: Anthony Scaramucci predicts that pro-crypto laws will pass by November 2025, as lawmakers push for industry-friendly policies ahead of the holiday recess. • Elon Musk Proposes Blockchain-Based Government Transparency: Elon Musk suggests placing U.S. Treasury transactions on blockchain, enabling real-time public oversight of government spending. 💬 Join the Bitrue English Community: ✈️ Telegram｜✉️ Announcement｜❌ Twitter｜🛩 Bitrue Bonus

🔴Bitrue Crypto News February 6, 2025. 1️⃣. Market Trends • Bitcoin OP_CAT Upgrade Gains Momentum: Taproot Wizards raises $30M to develop OP_CAT, a potential upgrade for Bitcoin’s scripting capabilities. • Institutional Demand for Solana Rises: Sol Strategies increases SOL holdings to 190,000 ($40M+), reinforcing Solana’s growing dominance in DeFi. • CME Crypto Trading Volume Reaches Record High: CME reported a 180% surge in monthly crypto trading volume, reflecting heightened institutional participation in Bitcoin and Ethereum futures. • BlackRock Expands Bitcoin Offerings to Europe: After the success of its $58B U.S. ETF, BlackRock plans to launch a Bitcoin exchange-traded product (ETP) in Europe. • FDIC to Update Crypto Banking Rules: The FDIC is working on updates to crypto banking regulations, supporting digital asset custody and ‘tokenized deposits.’ 💬 Join the Bitrue English Community: ✈️ Telegram｜✉️ Announcement｜❌ Twitter｜🛩 Bitrue Bonus

📉🤔 #ETH JPMorgan analysts say Ethereum is underperforming as competition from rival blockchains intensifies. Ethereum’s market cap share has fallen to a four-year low and is likely to face continued pressure, according to the analysts. theblock

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