Evening Crypto News: Key Updates and Market Trends Analysis

Key Crypto Market Updates Today

• Binance's SAFU fund recently acquired 1,315 BTC, boosting its risk reserve significantly.

• A US court in Nevada issued a temporary order against Polymarket, potentially impacting its operations.

• BlackRock ETF transferred 58,327 ETH to Coinbase, showing increased institutional activity.

• The White House plans to address the relationship between crypto and banks regarding stablecoin yields.

• A digital asset securities platform raised an additional $23 million to support its expansion.

• CoinShares reported a net outflow of $1.7 billion from digital asset investment products last week.

• The CEO of Hong Kong's Monetary Authority announced 36 applications for stablecoin licenses, with the first batch expected in March.

• Trend Research executed stop-loss sales of 53,589 ETH as liquidation prices dropped near $1,810.