Trump-backed World Liberty Financial moves its sizable ETH and WBTC holdings to Coinbase

Foresight News reported that EVM compatible blockchain network Monad announced that it will launch a test network in February.

According to Foresight News, Yilong Li, co-founder and CEO of MegaETH, announced in a post that MegaETH will launch a public testnet within 30 days.

Japanese listed company Remixpoint announced on February 3 that it had issued a "Notice on Additional Purchase of Cryptocurrency Assets" on January 30, 2025, and decided to purchase a total of 2 billion yen (approximately 12.89 million US dollars) of cryptocurrency assets at a board meeting held on the same day. According to the resolution, the company completed the purchase of the first batch of 500 million yen (approximately 3.22 million US dollars) of encrypted assets on January 31, 2025, adding 30.83 BTC. Currently, the company's Bitcoin holdings have increased to 509.33 BTC.

The current total market value of cryptocurrencies is 3.35 trillion US dollars, with a 24-hour growth of 263.785 billion US dollars, an increase of 8.53%. Among them, the market value of Bitcoin accounts for 59.46%, and the market value of Ethereum accounts for 10.21%.

According to Clobenewswire, artificial intelligence company Genius Group (NYSE American: GNS) announced that it has increased the Bitcoin purchase volume in its Bitcoin vault by an additional $2 million to 440 BTC, with a total value of $42 million and an average price of $95519 per Bitcoin. As of the market close on January 31, 2025, the company's reserve of 440 Bitcoin assets, calculated at the current Bitcoin price of $104893, has a total market value of $46 million. Based on 68.8 million issued shares and a closing price of $0.48 per share on that day, the total market value of the company is $33.1 million. Based on this calculation, the ratio of the company's Bitcoin holdings to its market value reaches 139%, which is equivalent to a Bitcoin asset value of $139 for every $100 of company equity. It should be noted that this ratio will change in real-time with fluctuations in Bitcoin prices and company stock prices.