Top Crypto Headlines: Strategy Acquires 7,633 BTC, Gate Collabs Red Bull Formula 1, CAR Launches Meme Token

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Bitcoinik 10 months ago 321

Bitcoin holding key levels

Strategy ($MSTR) Acquires More Bitcoins

Top Bitcoin bullish firm Strategy (formerly known as MicroStrategy) acquired 7,633 BTC for $742.4 million. That means the company purchased this new amount of Bitcoin at the trade price of $97,255. To date, this company now holds a net of 478,740 BTC. With this holding company is in net unrealised profit of 4.1% YTD 2025.

$MSTR has acquired 7,633 BTC for ~$742.4 million at ~$97,255 per bitcoin and has achieved BTC Yield of 4.1% YTD 2025. As of 2/09/2025, @Strategy holds 478,740 $BTC acquired for ~$31.1 billion at ~$65,033 per bitcoin. https://t.co/rIftxRX2Zr

— Michael Saylor⚡️ (@saylor) February 10, 2025

Alliance Dao Founder Sold All His Ethereum

In the recent podcast show, Alliance DAO founder Qiao Wang disclosed that he sold all of his Ethereum ($ETH ($2,941.69)) holdings last year because he believes Ethereum blockchain growth potential has been almost over. He had been holding ETH coins for the last 10 years. In the podcast, he also said that he is still optimistic about Ethereum layer-2 Blockchain networks but may only have 10% to 20% to surpass Solana. It is worth it to note that Wang is an alumnus of core Ethereum co-founder Vitalik Buterin.

Gate Exchange Collabs With Oracle Red Bull Racing

Gate.io crypto exchange announced its new partnership with the “Oracle Red Bull Racing” Formula One Racing Team. It is worth it to know that this Formula One racing team is the eight-time World Drivers’ Championship winner team. With the start of the 2025 season, the Gate.io name & logo will be featured on key team assets.

🚨 A New Era: #Gateio 🤝 @redbullracinghttps://t.co/8kWqgEeplL has officially partnered with Oracle Red Bull Racing as its exclusive crypto exchange partner! 🏎️💨

Together, we’ll ignite the upcoming season with #Web3 tech, bringing speed and passion to the digital era!

Learn… pic.twitter.com/NuLBsR7d91

— Gate.io (@gate_io) February 10, 2025

Japanese Regulators to Bring New Rules for Cryptocurrencies

As per the latest local media reports, Japan’s Financial Services Agency plans to bring a set of new rules to treat cryptocurrencies like securities, cutting taxes and approving Bitcoin spot ETFs products. Experts believe that such developments could help to reduce the current tax rate from 55% to 20%. It is expected that new policy changes are expected in June, with legal reforms likely in 2026.

The Japanese Financial Services Agency intends to treat crypto assets as financial products similar to securities, and plans to implement tax cuts and approve Bitcoin spot ETFs. The new system also considers lifting the ban on Bitcoin spot ETFs and may reduce the current tax rate…

— Wu Blockchain (@WuBlockchain) February 10, 2025

Binance Co-founder Against Current Token Listing Criteria

Binance’s former CEO Changpeng Zhao (CZ) shared his opinion on the current token listing criteria of the centralised crypto exchanges (CEXs) and said that it’s broken. He proposed the idea of listing tokens on CEX should be just like decentralized exchanges (DEXs), and should be automatic. CZ noted that Binance’s announcement for the listing of the token just 4 hours before results in a price pump on DEXs, and when people on CEXs buy a token, then DEX users sell that token on the CEX exchange.

Binance co-founder CZ on token listingBinance co-founder CZ on token listing

Central African Republic Meme Token

The Central African Republic (CAR) president, Archange Touadéra, announced the launch of a meme token $CAR.

Today, we are launching $CAR – an experiment designed to show how something as simple as a meme can unite people, support national development, and put the Central African Republic on the world stage in a unique way.

Contract: 7oBYdEhV4GkXC19ZfgAvXpJWp2Rn9pm1Bx2cVNxFpump

— Faustin-Archange Touadéra (@FA_Touadera) February 9, 2025

A crypto trader initially purchased $5,000 worth of $CAR tokens, and within 3 hours, he sold for $12 million. That unknown trader grabbed a return of 2,450 fold within three hours.

Turned $5K into $12M in less than 3 hours—a 2450x return, incredible!

This guy spent 25 $SOL ($123.96)($5K) to buy 46.57M $CAR within one second of @FA_Touadera posting the contract address, and then sold 22.65M $CAR for 8,395 $SOL($1.67M), leaving 23.92M $CAR ($10.5M).

The total profit… pic.twitter.com/LSBOAllElo

— Lookonchain (@lookonchain) February 10, 2025

Binance Lists $TST Token

Binance crypto exchange listed Test ($TST) token. Binance co-founder CZ confirmed that the token was not backed by the Binance exchange or any BNB ($840.64) chain community member. CZ clarified his stance on meme tokens and said that he was never against meme tokens but suggested new crypto entrepreneurs focus on fundamentally better real value-based projects instead of meme tokens.

Read this full report on Test ($TST) token https://t.co/Lv6bHvx7Uv

— Bitcoinik (@Bitcoinikdotcom) February 9, 2025

Read also: Is it worth buying Test (TST) token on Binance? Does CZ support it?



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