Daily Crypto News Digest: February 24, 2025

Stay updated with the latest developments in the cryptocurrency world. Here’s a concise overview of today’s top stories:

Market Overview

The global cryptocurrency market experienced a downturn over the past 24 hours, with the total market capitalization decreasing by 3.1%, now standing at $3.26 trillion. The daily trading volume is approximately $105 billion. Notably, most of the top 100 cryptocurrencies by market cap are in the red today. For instance, Bitcoin (BTC) is currently priced at $94,336, reflecting a 1.57% decline, while Ethereum (ETH) stands at $2,646.98, down 5.88%.

Top Stories

1. Foresight Ventures Commits $25M to Support BNB Chain ProjectsForesight Ventures has announced a $25 million investment fund aimed at supporting projects built on the BNB Chain. This initiative seeks to foster innovation and development within the BNB ecosystem, providing financial resources and strategic guidance to emerging projects.
2. Bitget Introduces Bank Deposits with Callpay IntegrationCryptocurrency exchange Bitget has partnered with payment service provider Callpay to enable bank deposits for its users. This integration allows for seamless fiat-to-crypto transactions, enhancing user accessibility and simplifying the process of funding accounts on the platform.
3. Argo Blockchain Increases Number of Miners Hosted in Merkle’s Memphis LocationArgo Blockchain, a prominent cryptocurrency mining company, has expanded its operations by increasing the number of miners hosted at Merkle’s facility in Memphis. This move aims to boost Argo’s mining capacity and operational efficiency, capitalizing on Merkle’s infrastructure and strategic location.

For more detailed information and additional updates, visit CryptoNews.