Next Week's Key Preview
February 24
ETHDenver will be held from February 23 to March 2;
CME plans to launch Bitcoin Friday Futures Options (BFF) on February 24;
February 26
The U.S. Senate Banking Committee on Digital Assets will hold its first hearing next Wednesday
March 1
11.2 million SOL from FTX bankruptcy auction will be unlocked on March 1, valued at $2.06 billion;
Others (Specific time not yet determined)
Kanye: Official Meme Coin to be launched next week, tokens on the market are counterfeit projects.
From February 24 to March 2, more noteworthy events in the industry are previewed as follows.
February 24
ETHDenver will be held from February 23 to March 2
Odaily Planet Daily reports that ETHDenver 2025 will be held in Denver, USA from February 23 to March 2, 2025.
Odaily Planet Daily reports that Ethereum core developer Tim Beiko posted on X that the Pectra upgrade is expected to be executed at Slot 3710976 on the Holesky testnet (UTC time February 24, 21:55:12) and at Slot 7118848 on the Sepolia testnet (UTC time March 5, 07:29:36).
If the Sepolia testnet upgrade goes smoothly, developers will determine the mainnet upgrade time in the ACD meeting on March 6.
CME plans to launch Bitcoin Friday Futures Options (BFF) on February 24
Odaily Planet Daily reports that the Chicago Mercantile Exchange Group (CMEGroup), the world's largest financial derivatives exchange operator, announced today that it plans to launch Bitcoin Friday Futures Options (BFF) on February 24, pending regulatory approval. BFF will be one of the first cash-settled cryptocurrency options offered by the Chicago Mercantile Exchange, with expiration dates on each business day from Monday to Friday. These contracts are smaller in size (only 1/50 of 1 BTC) and expire daily, providing market participants with a set of capital-efficient tools to effectively adjust their Bitcoin exposure, suitable for both institutional investors and active retail traders.
Bithumb: Service will be suspended for about 6 hours on February 24 for internal system upgrade
Odaily Planet Daily reports that Bithumb announced in an official announcement that it will conduct internal system upgrades from 1:00 to 7:00 on February 24, 2025 (for a total of 6 hours), during which all platform-related services (Bithumb APP / mobile web / PC / API) will be suspended. The service maintenance time may end early or be delayed. This operation is conducted in accordance with Article 17, Item 1, Clause 1 of the Enforcement Decree of the South Korean Virtual Asset User Protection Act.
After the service check is completed, if there are abnormal price discrepancies between domestic and foreign exchanges and Bithumb's orders, pending orders may be canceled to protect customers with pending orders, so please try to cancel buy/sell pending orders before the service check.
Deposited Korean won or virtual assets will automatically reflect in the account after the check is completed.
Uncompleted virtual assets will be automatically processed for withdrawal after the check is completed.
Due to internal system operations, there may be restrictions on consultation content during chat inquiries.
February 25
Odaily Planet Daily reports that Turkey's new anti-money laundering regulations for cryptocurrency will take effect on February 25, 2025. Under the new regulations, users with transaction amounts exceeding 15,000 Turkish lira (approximately $425) must share identity information with the country's cryptocurrency service providers. The new regulations aim to prevent the laundering of illegal funds and the financing of terrorism through cryptocurrency transactions. However, cryptocurrency service providers are not required to collect information on digital asset transfers below the $425 threshold.
Odaily Planet Daily reports that according to the official announcement from BNB Chain, the BNB Smart Chain (BSC) will undergo a Pascal hard fork. The fork is scheduled to take place on the testnet on February 25, 2025, with the mainnet planned for mid-March 2025. The Pascal hard fork enhances BSC's compatibility with Ethereum by integrating key features of the Ethereum Pectra upgrade.
VitaDAO: New experimental token to be launched on Pump Science on February 25
Odaily Planet Daily reports that the longevity research organization VitaDAO announced on X that it will launch a new compound experimental token on Pump Science on February 25, with supplement pre-orders and market release on March 25.
FX will be renamed PUNDIAI on February 25, 2025, implementing a 100:1 supply reduction
Odaily Planet Daily reports that FX will officially be renamed PUNDIAI at 10:00 AM (GMT+8) on February 25, 2025. This upgrade will be conducted automatically or manually based on the blockchain where the token is located, and $FX on Pundi AIFX Omnilayer (formerly f(x)Core) will be automatically upgraded, including both staked and non-staked tokens.
FX on the Base chain and Ethereum network will require manual upgrades, and the upgrade page will be provided later. Users can bridge FX back to Pundi AIFX Omnilayer for automatic upgrades. Centralized exchanges participating in this upgrade will provide automatic upgrades; please pay attention to the exchanges for specific times.
February 26
The U.S. Senate Banking Committee on Digital Assets will hold its first hearing next Wednesday
Odaily Planet Daily reports that Taylor Barr posted on X that the U.S. Senate Banking Committee on Digital Assets will hold its first hearing next Wednesday, discussing the theme of "Exploring a Bipartisan Legislative Framework for Digital Assets."
February 27
Kraken will close its NFT marketplace on February 27, 2025
Odaily Planet Daily reports that cryptocurrency exchange Kraken announced it will close its NFT marketplace on February 27, 2025. After November 27, 2024, users will no longer be able to list, bid, or sell items on Kraken's NFT marketplace; they can only withdraw assets. Kraken stated, "We have decided to close our NFT marketplace to allocate more resources to new products and services, including undisclosed plans currently in development. Customers have been informed of these changes, and our team will support them in transferring their NFTs to their Kraken wallet or a self-custody wallet of their choice." Previously, Kraken first revealed plans to launch its own NFT marketplace in December 2021 and launched a beta version in November 2022.
February 28
Japanese listed company Metaplanet is set to be included in the MSCI Japan Index on February 28
Odaily Planet Daily reports that the Japanese listed company Metaplanet, which uses Bitcoin reserves, is set to be included in the MSCI Japan Index after the market closes on February 28. (Cointelegraph)
March 1
11.2 million SOL from FTX bankruptcy auction will be unlocked on March 1, valued at $2.06 billion
Odaily Planet Daily reports that according to on-chain analyst Ai Yi's monitoring, FTX has sold 41 million SOL in three auctions, with the top three buyers and auction prices as follows:
Galaxy: Bought 25.52 million at $64, with a return rate of 187%;
Pantera and other buyers: Bought 13.67 million at $95, with a return rate of 93%;
Figure and other buyers: Bought 1.8 million at $102, with a return rate of 80%.
[Arkham Intelligence will offer spot crypto trading in 17 U.S. states starting March 1](https://Arkham Intelligence will offer spot crypto trading in 17 U.S. states starting March 1 8 hours ago Odaily Planet Daily reports that Arkham Intelligence announced it will offer spot crypto trading in 17 U.S. states starting March 1. Previously, the company launched a perpetual contract exchange based on USDT. Spot trading will support states such as Colorado, California, and Massachusetts. Arkham plans to compete for market share with leading market players like Crypto.com and Coinbase. (The Block))
Odaily Planet Daily reports that Arkham Intelligence announced it will offer spot crypto trading in 17 U.S. states starting March 1. Previously, the company launched a perpetual contract exchange based on USDT. Spot trading will support states such as Colorado, California, and Massachusetts. Arkham plans to compete for market share with leading market players like Crypto.com and Coinbase. (The Block)
March 2
No updates
Others (Specific time not yet determined)
Kanye: Official Meme Coin to be launched next week, tokens on the market are counterfeit projects
Odaily Planet Daily reports that renowned rapper Kanye West posted on X stating that all related Meme coins currently on the market are fake, and he will launch his official Meme coin next week.
Odaily Note: Several crypto KOLs have warned that Kanye has sold his social media account, with evidence including system interface (previously in dark mode, the latest screenshot is in light mode), and the accounts he follows (Doginal Group @tall_data), etc.
Kaito AI: New Pre-TGE project will launch on Yapper Launchpad soon
Odaily Planet Daily reports that Kaito AI announced on X that a new Pre-TGE project will soon launch on Yapper Launchpad, with voting starting next week (integrating yap voting and Kaito on-chain holding voting, existing projects will also remain in the group, and voting is still ongoing), reportedly involving projects such as Allora, Succinct, Morph, etc.
On-chain trading platform Mintify will announce MINT token economic model next week
Odaily Planet Daily reports that on-chain trading platform Mintify stated on X that it will announce the MINT token economic model next week.
DeepSeek: Will open source 5 code repositories next week
Odaily Planet Daily reports that DeepSeek officially announced that over the next week, it will gradually open source 5 code repositories, with new content unlocking daily to further share new progress. DeepSeek introduced that the modules of the current online service have been tested and fully deployed, ready for production environment. The company defines itself as a small company and stated that each share will become a powerful momentum, accelerating the journey of industry development. It claimed that there is no ivory tower in this field, only the pure garage entrepreneurship spirit and the innovative power built by the community. (Jinshi)
OpenAI GPT-4.5 expected to launch as early as next week, GPT-5 may be released in late May
Odaily Planet Daily reports that Microsoft is preparing for OpenAI's latest model, with GPT-4.5 expected to debut as early as next week, and GPT-5 anticipated to be released in late May. The updated GPT-5 will significantly improve the way ChatGPT is used, unifying OpenAI's o series and GPT series models, reducing user confusion in choosing models. (The Verge)
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