The total market capitalization of stablecoins has surpassed $226.5 billion, representing a 0.54% increase over the past week.
On February 23rd, according to data from DefiLlama, the current total market capitalization of stablecoins in the cryptocurrency market has reached $2265.11 billion. In the past 7 days, it has increased by $12.14 billion, representing a 0.54% increase compared to the previous period. Among them, USDT accounts for 63.11% of the market capitalization.
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Thailand Plans to Issue Around $1.48 Billion in Tokenized Government Bonds by October
On February 23rd, according to a report by Ledger Insights, Thai Finance Minister Pichai Chunhavajira stated that the government plans to directly issue 5 billion Thai baht (approximately $148 million) in government bonds to the public before the end of this fiscal year (September 30th). The initial issuance will be regarded as a sandbox project and can be traded on a digital bond platform, which may be the digital bond trading system being prepared by the Thai Securities and Exchange Commission.
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Kanye: YEEZY Aims to Create a Truly Authentic Currency
February 23rd: According to the renowned pop culture artist Kanye West X, the account tweeted about diverse meme coins including JAILSTOOL and declared that its forthcoming meme coin "YEEZY intends to establish a truly valuable currency."
Yesterday's news: Kanye West posted on social media indicating that all current Ye-related memes in the market are false, and he will launch his own meme coin the following week.
Moreover, according to the crypto KOL @lokithebird's analysis, Kanye might have transferred (or entrusted) his X account to BarkMeta Doginals for $17 million.
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Buffett Shareholder Letter States Mainly Allocating Funds to US Stocks, Makes No Mention of Cryptocurrency
On February 23rd, Warren Buffett, the Chairman and CEO of Berkshire Hathaway, stated in this year's annual shareholder letter: "Although some commentators currently regard Berkshire's large cash holdings as an unusual situation, the majority of your funds are still invested in equities. This preference will remain unchanged. Although our holdings in publicly traded stocks decreased from $354 billion last year to $272 billion, the value of our privately held businesses has increased and still far exceeds the value of our stock portfolio."
Berkshire shareholders can be assured that we will always allocate the majority of your funds to stocks—mainly U.S. stocks, many of which have significant international operations. Berkshire will never give preference to holding cash equivalents over owning great businesses, whether in whole or in part."
Furthermore, the shareholder letter indicated that Berkshire has been continuously increasing its borrowings denominated in yen, but without followi
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Crypto KOL: Kanye May Have Sold or Handed Over His Social Accounts for $17 Million
On February 23rd, based on the analysis of crypto KOL @lokithebird, it is possible that Kanye may have transferred (or delegated) his X account to BarkMeta Doginals for $17 million.
The evidence presented by @lokithebird encompasses the account followings and interactions between the two, their emoji usage patterns, and the light/dark mode settings of Kanye's account.
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Binance Research: 95% of Latin American Users Plan to Increase Their Cryptocurrency Holdings by 2025
On February 23rd, as per a report from CoinDesk, based on a survey of over 10,000 investors in four Latin American countries (Argentina, Brazil, Colombia, and Mexico) carried out by Binance Research Institute, 95% of the respondents intended to purchase more cryptocurrency by 2025.
Among them, 40.1% anticipated increasing their holdings within the next three months, 15.3% planned to boost holdings within six months, 39.7% would raise holdings within a year, and only 4.9% had no further investment plans.
According to research by payment company Triple-A, the findings indicated that Latin America was taking the lead in cryptocurrency adoption globally by 2024, with a growth rate of 116%. The region currently had 55 million cryptocurrency users, accounting for nearly 10% of the total cryptocurrency users.
This rapid growth was driven by increases in asset prices, regulatory advancements, and the emergence of new financial products like spot Bitcoin exchange-traded funds (ETFs). Brazil
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