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news-imageFebruary 12, 2025

Goldman Sachs Increases Bitcoin ETF Stake Over $1.5 Billion In Q4, Reports A Massive 1793% Jump In Ethereum ETF Holdings

Investment banking giant Goldman Sachs (NYSE:GS) loaded up more shares of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot exchange-traded funds in the fourth quarter of 2024, according to its latest 13F filing with the SEC. What happened: The Wall Street giant reported a significant stake in Fidelity Wise Origin Bitcoin Fund (BATS:FBTC), with 3.53 million shares valued at $288.01 million.
Publisher: Benzinga
Sentiment: Positive
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Negative
cover-imageThe Currency Analytics
February 12, 2025

Bitcoin Miners Offload 2,000 BTC Amid Market Volatility

Bitcoin (BTC) miners have recently started liquidating assets in response to the ongoing market volatility, signaling further challenges ahead for the industry. In the last seven days, Bitcoin's price fluctuated heavily, dropping below $97,000 before making a slight recovery.

Positive
cover-imageBitcoin
February 12, 2025

KULR Ramps up Bitcoin Strategy With Another $10M

KULR Technology has expanded its Bitcoin holdings with a fresh $10 million investment, reinforcing its strategy to integrate cryptocurrency as a key treasury asset. KULR Doubles Down With $10M Bitcoin Buy KULR Technology Group Inc. (NYSE American: KULR) announced on Feb. 11 that it has expanded its bitcoin holdings to 610.

Positive
cover-imageBitcoin
February 12, 2025

MSTR Shareholders See $1.8B Gain as Strategy Treasury Grows Bitcoin Reserves

Microstrategy's bitcoin strategy has generated $1.8 billion in gains for shareholders this year, with holdings reaching 478,740 BTC—cementing its status as the ultimate bitcoin stock. Microstrategy's Bitcoin Strategy Yields $1.8B for MSTR Investors so far This Year Michael Saylor, executive chairman of Microstrategy Inc. (Nasdaq: MSTR), highlighted the company's latest bitcoin gains in a Feb.

Positive
cover-imageTokenpost
February 12, 2025

Solo Bitcoin Miner Defies Odds, Mines Block Worth Over $300K

A solo Bitcoin miner achieved a rare feat by successfully mining block 883,181 on February 10, earning a reward of 3.125 BTC, valued at over $300,000. The total block reward, including transaction fees, reached 3.15 BTC, with Bitcoin priced at approximately $96,286 per coin, according to Mempool.space.

Positive
cover-imageThe Daily Hodl
February 12, 2025

Abra CEO Unveils Massive ‘Base Case' Price Targets for Bitcoin, Ethereum, Solana and Sui

The chief executive of crypto exchange Abra believes Bitcoin (BTC) and other top digital assets may hit massive price targets this cycle for one main reason. Bill Barhydt says that economic policies under US President Donald Trump may inject a huge amount of liquidity into the markets causing crypto assets to soar to astronomical prices.

Positive
cover-imageCoingape
February 12, 2025

Goldman Sachs Holds $1.5 Billion In Bitcoin ETFs: Report

Goldman Sachs has increased its holdings in Bitcoin exchange-traded funds (ETFs), culminating in a substantial $1.5 billion investment at the end of the fourth quarter in 2024. This development is outlined in the 13F filings with the U.S. Securities and Exchange Commission, which reveal the firm's escalated commitment to digital asset investments.

Neutral
cover-imageThe Currency Analytics
February 11, 2025

Osprey Funds Challenges Grayscale's Legal Win in Bitcoin ETF Lawsuit

The legal battle between Osprey Funds and Grayscale Investments continues to heat up, with Osprey challenging a recent court ruling that sided with Grayscale in a lawsuit over alleged unfair trading practices. At the core of the dispute is whether Grayscale misled investors by implying that its Bitcoin Trust (GBTC) would inevitably convert into an Exchange-Traded Fund (ETF).

Neutral
cover-imageCryptopolitan
February 11, 2025

Bitcoin steadies, uncouples from altcoin market in free fall

While Bitcoin has not been immune to the volatility in the markets, Glassnode analysts believe it is doing relatively well. The altcoin sector experienced significant sell-side pressure amidst the volatility as many assets struggled to achieve widespread adoption or product-market fit, presenting a more challenging market environment.

Positive
cover-imageThe Daily Hodl
February 11, 2025

Uniswap Labs Launches Mainnet for New Ethereum Layer-2 Unichain

The team behind the top decentralized exchange Uniswap (UNI) is officially launching its new Ethereum (ETH) layer-2 blockchain. In a new announcement from Uniswap Labs, the firm says Unichain mainnet officially launched today according to plan. As per the announcement, Unichain will be a layer-2 optimized for decentralized finance (DeFi) transactions on Ethereum.

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