Newsletter by Tokenize Xchange (Vol.329 | February 2025)
What’s up? Welcome to Tokenize Weekly Roundup
Tokenize Xchange will meet you right here with the week’s most important crypto news. Crypto moves fast, but we’ll help you stay on top of the latest trends and explain why they matter. Also, don’t miss any updates regarding our latest features, events, and community activities.
🚀Crypto Leaderboard
🗞 Crypto News Recap: The Top Stories
1/ NFT Brand Doodles to Launch Solana-Based Token: Introducing DOOD
The world of NFTs and crypto tokens is continuously evolving, with innovative projects pushing the boundaries of what’s possible in digital art, collectibles, and decentralized finance. One such project making waves in the NFT space is Doodles, the beloved and vibrant NFT collection known for its colorful characters and engaging community. In an exciting new development, Doodles is set to launch its very own Solana-based token, DOOD, marking a significant step forward in the project’s journey.
2/ Bitcoin Network Activity Hits 12-Month Lows as Transactions Drop 55% from Peak
Bitcoin, the world’s leading cryptocurrency, has been experiencing a significant slowdown in network activity. The latest data reveal a sharp decline in transaction volumes. The 7-day moving average of Bitcoin network transactions has fallen to 330,000, representing a 55% drop from its peak of 730,000 transactions earlier in the network’s history. This marks a 12-month low, indicating a notable shift in how the Bitcoin network is being utilized.
3/ Standard Chartered Plans to Launch HKD-Backed Stablecoin with Animoca Brands and HKT
In a bold move to expand its footprint in the growing digital asset space, Standard Chartered has announced plans to launch a new Hong Kong Dollar (HKD)-backed stablecoin. The bank is collaborating with Animoca Brands, a leader in blockchain and gaming, and HKT, a telecom giant, to develop this new stablecoin.
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Disclaimer
Cryptocurrencies are subjected to high market risk and volatility despite high growth potential. Users are strongly advised to do their research and invest at their own risk.
