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Cryptocurrency News Articles
This Week in Crypto: CME website hints that XRP, SOL futures will debut in February, possibly as early as February 10
Feb 09, 2025 at 10:06 pm
The Chicago Mercantile Exchange (CME) website hints at the launch of SOL and XRP futures contracts, which could be launched as early as February 10
February 10
Exchange:
Binance will support the token swap and brand upgrade of Litentry (LIT) to Heima (HEI). Litentry (LIT) will be upgraded to Heima (HEI) on February 10, 2025, and the token swap will be completed at a ratio of 1 LIT = 1 HEI. The circulation of HEI will increase to 100 million within 20 months. Binance will stop all LIT spot trading pairs (LIT/BTC, LIT/USDT) on February 10 and open HEI/BTC and HEI/USDT trading on February 13. LIT deposits and withdrawals will be suspended on February 10, and HEI deposits will be opened on February 13. The withdrawal time is to be announced. In addition, LIT-related leverage and contract transactions will be gradually liquidated and removed from January 31 to February 6.
Layer3 gaming network B3 will launch B3 tokens and airdrop on February 10
B3, a Layer3 gaming network built on Base, announced on Friday that it will launch its recently announced B3 token on February 10, accompanied by an airdrop event. A snapshot of network activity will be taken before the planned "S1 airdrop", and there will be more airdrops, tournaments, and gamified ways to earn B3 in the future. According to a post on the X platform, B3 stakers will receive certain benefits, including tokens for dedicated gaming chains, early access to new games on the network, and other potential rewards.
The post also briefly introduces the token economics: 34.2% of the token supply will be allocated to the community and ecosystem, 23.3% to the team and advisors, 22.5% to the Player1 Foundation to support the B3 ecosystem, and 20% reserved for investors. Tokens for investors, team members, and advisors will have a one-year lockup period, followed by monthly unlocking over the next three years. The total supply of B3 has not yet been announced.
Pundi AI will rename $FX to $PUNDIAI on February 10 and conduct a 100:1 token reduction
According to Pundi AI’s official announcement, the $FX token will be renamed $PUNDIAI on the week of February 10, 2025, and the token supply will be reduced by 100:1. Specific details include:
On-chain upgrade: users holding $FX tokens on Pundi AIFX Omnilayer will automatically complete the upgrade, and the staked tokens will continue to generate rewards; Base and Ethereum networks: upgrades must be completed manually or automatically upgraded by bridging back to Pundi AIFX Omnilayer; centralized exchanges: exchanges participating in the upgrade will automatically complete the token conversion, and the specific time will be announced by the exchange. Users have 3 years to complete the upgrade, and the upgraded $PUNDIAI tokens will not be locked and will not generate new token dilution. Staking platforms that support $PUNDIAI tokens include MarginX and Baklava Space.
Token unlocking:
Aptos (APT) will unlock approximately 11.31 million tokens at 8:00 pm Beijing time on February 10, accounting for 1.97% of the current circulation and worth approximately US$66.7 million.
February 11
Community Activities:
BNB Chain launches AI agent competition, the competition will start on February 11
BNB Chain has launched the AI Agent competition, which aims to encourage innovation and tap into potential AI decentralized applications, encourage innovation and development in the AI field, and is in line with the development direction of BNB Chain AI First. The competition will consist of 8 rounds, and in each round, the best performing AI agents will be selected based on specific criteria, including market capitalization ranking, market capitalization growth, community member influence, and community engagement. The BNB Chain Foundation will use BNB to purchase $10,000 worth of winning AI project tokens in each round and distribute them to 1,000 users who hold these tokens through airdrops.
The competition will be held from February 11, 2025 to April 7, 2025, in multiple rounds. The leaderboard will be updated daily to track the progress of all AI agents deployed on BNB Chain. Winners will be eligible for the upcoming AI Fast Track Program, market exposure opportunities, and marketing support. The real-time leaderboard was launched on February 6, 2025, providing key performance data for all participants.
February 12
Macroeconomics:
The annual rate of the US core CPI for January will be released at 9:30 pm (UTC+8) on February 12.
Exchange:
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- Bitcoin (BTC) Dominance (BTC.D) Near Its Cycle Peak, Market Awaiting Altseason
- Mar 13, 2025 at 07:10 pm
- Bitcoin (BTC) showed strong performance in this bull cycle, experiencing several ups and downs and hitting its all-time high at $109k. Along with BTC’s surge several altcoins surged significantly and reached new all-time highs but a proper Altseason is pending.
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