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The 21Shares ETP AG Spot SUI ETF is now available on Nasdaq with the ticker symbol TSUI.

2 hours ago

On February 25, digital asset management firm 21Shares launched a new ETF this week that tracks the native token of the Sui blockchain: the 21Shares Spot SUI ETF. It is now listed on Nasdaq under the ticker symbol TSUI. 21Shares first rolled out a leveraged SUI ETF in December 2023, and this spot ETF further broadens investors’ exposure to Sui. This marks another spot ETF tracking Sui’s native token, joining the Canary Stake SUI ETF and Grayscale Sui Staking ETF that launched last week.
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Bitcoin Surges Above $66,000, Spiking About 3% in 15 Minutes

Feb. 25 — Bitcoin rebounded above $66,000 on Tuesday, climbing roughly 3% in 15 minutes, per HTX market data. The leading cryptocurrency is currently trading at $66,015.

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Bloomberg: Stripe is Considering Acquiring PayPal's Entirety or Part of its Assets

February 25th — Bloomberg, citing people familiar with the matter, reports that payment processor Stripe is weighing a full or partial acquisition of PayPal assets. Discussions are in early stages, and a deal is not guaranteed, the sources added. Representatives for Stripe and PayPal declined to comment. On Tuesday, PayPal’s stock dropped 6.7% to $47.02 in New York trading, valuing the company at roughly $43.3 billion. Founded in the late 1990s, PayPal was a digital payments pioneer but has struggled to modernize its payment technology in recent years amid competition from Apple, Google and other rivals. Stripe — founded by brothers Patrick and John Collison — has emerged as one of the industry’s most coveted players. Earlier Tuesday, the company disclosed a $159 billion valuation via an employee tender offer.

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In the past 4 hours, the entire network has seen $106 million in liquidations, primarily from short positions

Per Coinglass data, $106 million in total liquidations hit the entire crypto network in the past 4 hours as of February 25th. Long positions accounted for $5.39 million of the liquidations, while short positions made up $101 million.

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Ethereum Surges Above $1900

On Feb. 25, Ethereum rebounded above $1900 and is currently trading at $1906, per HTX market data.

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Bitcoin Surges Above $65,000

Feb. 25 — Per HTX market data, Bitcoin has rebounded past $65,000, currently trading at $65,309 with a 24-hour price gain of 1.05%.

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Chair of UK National Security Council Calls for Ban on Cryptocurrency Political Donations to Prevent Foreign Interference in UK Elections

February 25: Matt Western, chair of the UK National Security Council, is calling for a temporary emergency ban on cryptocurrency political donations to prevent foreign interference in UK elections. Western says such donations should be paused until risks tied to crypto political contributions—including thorough due diligence on fund sources—are addressed. The committee also pushed for a review of sentencing for electoral crimes, arguing a stronger deterrent is necessary. Western has sent a letter to Steve Reed, the Cabinet Office minister responsible for elections, urging immediate action: the latest Electoral Integrity Bill did not include provisions to restrict cryptocurrency donations. Earlier this year, Reform UK became the first party to accept crypto donations, reportedly receiving the first batch of registrable crypto contributions and launching a dedicated crypto portal. In his letter, Western expressed concern that amid a worsening global security environment, the com

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