📈 HIVE Digital’s BTC Surge

A 263% spike! Is mining back?

Welcome to Crypto Wire — clear, concise, and crypto-smart.

What we’ll cover today:

🚀 Pi Network’s Big Break—Listed on OKX, but is it safe?

📈 HIVE Digital’s BTC Surge—A 263% spike! Is mining back?

🏛️ Trump’s Crypto Reserve—Smart strategy or market risk?

Pi Network, a platform allowing users to mine cryptocurrency via a mobile app, is set to list its native token, PI, on the crypto exchange OKX starting February 20, 2025. However, some users are worried about potential risks.

🚨 Breaking News:
OKX will enable PI deposits from February 12, with spot trading commencing on February 20. Traders have expressed concerns about possible trading risks associated with the listing.

Wire Simplified:

  • Pi Network lets users mine PI coins using a mobile app.

  • OKX is a cryptocurrency exchange platform.

  • PI deposits on OKX start on February 12 at 2:45 UTC.

  • Spot trading for PI begins on February 20 at 8:00 UTC.

  • Traders are concerned about potential risks with PI trading.

✔️ Straight to the Point:
Pi Network's upcoming listing on OKX has generated excitement and caution among traders, highlighting the need for careful consideration in the evolving crypto landscape.

Do you think Pi Network's listing on OKX will be successful?

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HIVE Digital Technologies, a Canadian crypto mining company, has reported significant growth in its Bitcoin holdings and revenue, leading to a rise in its share price.

🚨 Breaking News:
HIVE's Bitcoin reserves have surged by 263%, contributing to a total revenue of $29.2 million in Q3 FY2025. The company's shares increased by 2.57% following this announcement.

Wire Simplified:

  • HIVE Digital Technologies is a Canadian crypto mining firm.

  • Bitcoin reserves increased by 263%, now holding 2,805 BTC valued at $260 million.

  • Total revenue for Q3 FY2025 is $29.2 million.

  • Share price rose by 2.57% after the news.

  • Frank Holmes, HIVE’s Executive Chairman, highlighted the company's growth.

✔️ Straight to the Point:
HIVE Digital's impressive increase in Bitcoin reserves and revenue underscores the company's strong position in the crypto mining industry, though market volatility remains a consideration.

Source : Crypto News Australia

World Liberty Financial (WLF), a new crypto platform financially backed by President Donald Trump, has announced the creation of a strategic token reserve to support leading cryptocurrencies.

🚨 Breaking News:
WLF's token reserve aims to reduce market volatility and invest in decentralized finance projects. The Trump family owns a majority stake in WLF and is entitled to 75% of its revenue and a significant number of tokens.

Wire Simplified:

  • World Liberty Financial (WLF) is a crypto platform backed by President Donald Trump.

  • Strategic token reserve will support cryptocurrencies like Bitcoin and Ethereum.

  • Goals include mitigating market volatility and investing in decentralized finance projects.

  • Trump family holds a 60% stake in WLF's holding company.

  • Donald Trump Jr. advocates for regulatory frameworks to support crypto growth.

✔️ Straight to the Point:
WLF's establishment of a strategic token reserve reflects the Trump family's deepening involvement in the crypto space, aiming to stabilize the market and foster innovation.

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Disclaimer:

This newsletter is for educational purposes and not intended as financial advice. Make your own investment decisions based on thorough research. Stay informed and cautious in the ever-changing crypto market.

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