🔴Bitrue Crypto News February 11, 2025. 1️⃣. Market Hotspots • Elon Musk’s Group Proposes $97.4B OpenAI Takeover: The Wall Street Journal reports that an Elon Musk-led consortium has made a $97.4B bid to acquire OpenAI, signaling a potential shift in AI industry leadership. • Solo Bitcoin Miner Earns Rare 3 BTC Block Reward: A solo Bitcoin miner successfully mined a 3 BTC block, highlighting the decentralized nature of Bitcoin mining and the potential for individual miners to secure block rewards. • Trust Wallet Expands XRP Support: Trust Wallet now supports XRP and XRPL tokens, allowing users to store, send, and receive XRP, enhancing accessibility for XRP holders. • Ethereum ETPs Surpass Bitcoin in Institutional Investments: Ether-based exchange-traded products (ETPs) saw $793M in inflows, exceeding Bitcoin’s $407M, marking a shift in institutional investor interest toward ETH. ➡️ Join the Bitrue English Community 📱 Telegram | 🔔 Announcement | 🕊 Twitter | 🎁 Bitrue Bonus

🔴Bitrue Crypto News February 11, 2025. 1️⃣. Market Trends • Litecoin ETF Has Strong Approval Potential: Bloomberg ETF analyst James Seyffart believes a Litecoin ETF is the most likely to receive SEC approval since LTC is not classified as a security, unlike XRP and SOL. • Metaplanet Plans Major Bitcoin Investment: Metaplanet, Japan’s first publicly traded Bitcoin treasury company, has reported $36M in unrealized BTC gains and aims to purchase 21,000 BTC ($2B) by 2026, strengthening its Bitcoin reserves. • Ethereum Short Positions Surge: Hedge funds have increased ETH short positions by 500% since November 2024, reflecting growing bearish sentiment toward Ethereum. • Memecoins Regain Popularity: Memecoins are experiencing a resurgence as Barstool Sports, BNB Chain, and even an African country engage in meme token speculation, drawing increased market attention. ➡️ Join the Bitrue English Community 📱 Telegram | 🔔 Announcement | 🕊 Twitter | 🎁 Bitrue Bonus

🍿👀 #FTT FTX will begin repayments to creditors in the sum of $16 billion on 18 February 2025, with $6.5–$7 billion in the first stage. The repayments are based on prices from November 2022.

👀 #TON Foundation: We launched Mini App Migration Grant Program — a specialized program that assists aspiring mini apps migrating from other networks to TON Blockchain.

🌎 Chums x Everscale: Expanding .ever Domains Across Web3! Chums, a Web3 social platform for secure messaging, is committing to enhancing .ever domains, unlocking new possibilities for decentralized identity, content hosting, and cross-chain accessibility. 📍 What’s Coming? • A domain resolving library supporting DNS, IPFS, TOR, and on-chain addresses, plus a proxy service for browser integration. • On-chain hosting smart contracts to enable decentralized websites via .ever domains. • Cross-platform support & developer tools, including implementation guides for web, mobile, and system applications. • Post-release developer support with bug fixes and GitHub-based assistance. And more—pushing .ever domains beyond simple wallet resolvers into a full-featured decentralized identity system. To ensure full execution, Chums has deposited 150,000 EVER as collateral—a real commitment to delivering results. 🗣️ Read the full commitment here. This is another major step in strengthening Everscale’s commitment model with real execution. Stay tuned! 🚀