Momentum builds for an XRP-spot ETF as the SEC acknowledges filings. Could this be the catalyst XRP investors have been waiting for?
Bitcoin is now at a critical phase, consolidating below key supply levels and holding above crucial demand zones. Over the past week, the price has fluctuated between $98K and $94K, creating a narrow range that reflects indecision in the market.
The crypto market on Saturday again garnered investor attention across the globe, with coins mainly illustrating rising price trajectories. Bitcoin (BTC) price traded near the $98K level on February 15, whereas Ethereum (ETH), Solana (SOL), and XRP prices pumped 1%-10%.
Bitcoin's price charts are in a tricky position right now, with its support levels being especially key.
Abu Dhabi has made a significant stride in its venture into digital assets with a massive $436.9 million investment in BlackRock's iShares Bitcoin ETF (IBIT). This notable purchase was made by Mubadala Investments, the UAE capital's sovereign wealth fund, according to a 13F filing submitted to the U.S. Securities and Exchange Commission (SEC).
The hopes for a lightning-speed establishment of the Strategic Bitcoin reserve were high. However, it is the stablecoins regulation that becomes a dominant narrative in the high-profile crypto discussions.
The State of Wisconsin Investment Board (SWIB) significantly increased its bitcoin (BTC) exposure in the last quarter of 2024. According to a 13F filing with the Securities and Exchange Commission (SEC), SWIB reported holding over 6 million shares of BlackRocks iShares Bitcoin Trust (IBIT) as of December 31, up from approximately 2.9 million shares three months earlier.
Peter Schiff, a prominent crypto critic, recently compared silver to Bitcoin, suggesting it could see a significant price rally. Silver reached $33.38its highest since Octoberprompting Schiff to call it Bitcoin 2.0, signaling its breakout potential.
On February 14, Bitcoin spot ETFs recorded a net outflow of 1,765 BTC, valued at approximately $171.06 million, according to Lookonchain. Fidelity, a major player in the market, saw 982 BTC leave its Bitcoin ETF, worth around $95.21 million.
Veteran trader Peter L. Brandt shared insights on Bitcoins potential to reach $200,000 by the decades end.
Ripple CEO Brad Garlinghouse recently endorsed Brian Quintenz for CFTC chair, emphasizing the CFTCs vital role in maintaining strong U.S. markets. Garlinghouse also supported the Financial Innovation and Technology for the 21st Century Act (FIT21), which seeks to make the CFTC the primary crypto industry regulator.
NBA legend Scottie Pippen has sparked excitement on X (formerly Twitter) with a cryptic Bitcoin-themed tweet, signaling his passion for cryptocurrency. Pippen, whose net worth is approximately $20 million, revealed he is working on a project, hinting it could be crypto-related.
El Salvador's Bitcoin Law changes create a complex situation where bitcoin is both legal tender and not, as Samson Mow's analysis highlights the deeper implications. Bitcoin No Longer ‘Currency' in El Salvador—Here's What That Actually Means Changes to El Salvador's Bitcoin Law have ignited discussions about whether bitcoin retains its status as legal tender.
A new development is brewing in the internet industry as Zoom Video Communications faces pressure to shake up its treasury strategy. Eric Semler, head of Semler Scientific, has noticed the pressure on video conferencing giant Zoom, despite its hefty $7.7 billion cash reserve.
Bitcoin's total non-empty wallets have declined to around 54 million, marking the lowest level since December.
Ethereum's price has shown small signs of improvement after a period of decline, but the question remains: will this uptick lead to a major rally? At the time of writing, Ethereum is trading at $2,712, up by 1.2%.
A decade after accidentally discarding a hard drive containing nearly $800 million in Bitcoin, James Howells is now considering an extreme measure—buying the entire landfill where it was dumped. Howells, who has spent years battling Newport City Council in Wales for permission to search the Docksway Landfill, announced his latest plan on X.
Institutional crypto investments are surging, signaling growing mainstream acceptance and potential market stabilization for digital assets. The post Hedge fund giant Millennium discloses $2.6B Bitcoin ETF and $182M Ethereum ETF holdings appeared first on Crypto Briefing.
Asset manager Grayscale plans to introduce staking to its spot Ether ETFs but says it will not guarantee or promote any specific level of returns to investors.
Bored Ape Yacht Club creator Yuga Labs just sold off the Meebits IP, which it acquired from Larva Labs in 2022.
Despite a volatile past two weeks, driven by Donald Trump's proposed trade tariffs and higher-than-expected January 2025 inflation data in the US, Ethereum (ETH) has successfully defended the $2,380–$2,460 demand zone. Now, analysts are eyeing a potential move toward $3,000 for the digital asset.
Ethereum's price fluctuations may be nearing its end in the short term, indicating a potential start of the much-anticipated major upward move to a new all-time high. Its upside capability to new highs is further supported by bullish indicators and key patterns cited on its chart.
Bitcoin has been experiencing substantial gains recently, but one seasoned trader remains skeptical about its long-term price potential. Peter Brandt, a veteran trader known for his technical analysis, has expressed doubts about Bitcoin's ability to reach $200,000 by the end of this decade.
Asset managers, ranging from wealth management companies to hedge funds and pension funds, boosted allocations to U.S. exchange-traded funds tied to the price of bitcoin in the fourth quarter of 2024, as the price of the world's largest cryptocurrency soared 47%, according to recent regulatory filings.
State Senator Chris Rose has introduced legislation to permit the West Virginia Treasury to diversify its holdings by including digital assets and precious metals. The Inflation Protection Act of 2025, submitted on Feb. 14, proposes allowing investment in digital assets with a market capitalization exceeding $750 billion.
Market dynamics have shifted speculative trading activity toward other blockchain ecosystems.
Solana is currently recovering a sizable portion of its lost value which suggests a possible reversal. On the chart a hidden head and shoulders pattern is developing though and it might be a significant indication of an approaching retracement.
Ethereum's bullish momentum is driven by strong technical levels and increasing institutional support.
Abu Dhabi is now an indirect fund holder after Mubadala Investment bought over $436 million of IBIT.
Bitcoin price action has come under intense scrutiny this week following an overheated inflation print in the February 13 US CPI report. On Friday, BTC has stabilized just above the $97,000 mark, however, despite a mild 0.54% daily gain, Bitcoin's momentum has paled in comparison to the surging altcoin market.
Michael Saylor, co-founder of MicroStrategy, recently met with El Salvador's President Nayib Bukele to discuss expanding Bitcoin adoption both in El Salvador and worldwide. The meeting reflects growing institutional interest in El Salvador's Bitcoin experiment and the nation's continued commitment to integrating Bitcoin into its economy.
Bitcoin Layer 2 solutions are growing, yet many BTC holders hesitate to engage. Experts discuss programmability, DeFi integration, and how L2 networks could reshape Bitcoin's financial utility without sacrificing security. The post Bitcoin Layer-2 Sector Is Overlooked: Why and What to Expect Moving Forward appeared first on Cryptonews.
Michigan's HB 4087 bill would permit investing up to 10% of state funds in Bitcoin while allowing secure crypto lending.
A known crypto investor made a bold claim that Dogecoin is the king of all cryptocurrencies, stirring a debate and discussion among members of the cryptocurrency community. Global Macro Investor founder and CEO Raoul Pal believes that the popular meme coin is capable of becoming “the hardest money ever created,” citing how Dogecoin has outperformed Bitcoin historically.
Ethereum developers fight over EVM Object Format (EOF) implementation as the network seeks to upgrade its systems.
The Ethereum (ETH) price rose by a modest 2.5% to the mid-$2,700s on Friday, leaving it well within recent ranges, although the subdued price action belied a significant positive development on the US ETF front that could substantially bolster long-term ETH demand. The post Ethereum Price Set to Skyrocket With Staked ETH ETFs on the Horizon – $10k Possible? appeared first on Cryptonews.
Abu Dhabi's Crypto regulation, Mubadala invested $436.9M in the iShares Bitcoin ETF in Q1 2024. This is one of the first major crypto moves by a sovereign wealth fund.
Litecoin emerged as an “improved” version of Bitcoin, yet it has never quite managed to surpass it. Nevertheless, it still ranks among the top 20 cryptocurrencies by market capitalization.
NYSE Arca has filed to permit staking for Grayscale's spot Ethereum ETFs, according to a filing on Friday.
Osprey's ETF conversion could democratize Bitcoin investment, offering greater liquidity and accessibility, impacting market dynamics significantly. The post Osprey seeks SEC nod for Bitcoin Trust ETF conversion appeared first on Crypto Briefing.
This landmark move marks a shift toward sustainable funding.
Ethereum has been struggling below the $2,800 mark for weeks, unable to reclaim it as support and spark a recovery rally. This critical resistance level has kept bulls at bay, leaving the price action stagnant and fueling negative sentiment in the market.
Major institutions, including sovereign wealth funds and pension funds, ramped up their spot Bitcoin ETF investments.
Hong Kong-based investment firm Avenir Group has declared its substantial stake in Bitcoin ETFs, revealing it holds $599 million in BlackRock's Bitcoin ETF. This investment solidifies Avenir Group's role as a powerful institutional player in the growing crypto market.
Barclays Bank has reported a $131M stake in BlackRock's Bitcoin ETF, signaling an increasing institutional shift toward digital assets. The disclosure follows similar moves from JPMorgan and Goldman Sachs. The post Barclays Bank Reports $131M Stake in BlackRock's Bitcoin ETF – Institutional Adoption Rising? appeared first on Cryptonews.
Vitalik Buterin argues that to make this solution viable, the cost must drop below $1, requiring an estimated 4.5x increase in L1 capacity.
El Salvador aims to become LATAM's crypto Silicon Valley, but these aspirations hinge on better relations with US banks.
This week's business newsletter explores Goldman Sachs' U-turn on digital assets after the investment bank purchased Bitcoin and Ether ETFs.