Michael Saylor's Strategy is looking to raise another $2 billion via 0% convertible notes to purchase more Bitcoin, potentially adding to the firm's 478,740 Bitcoin stash.

The SEC just acknowledged another XRP ETF filing, this time from Bitwise. Last week, Cboe BZX Exchange filed applications to list several XRP ETFs, including the one from Bitwise.

Bitcoin has been struggling, recently hitting a low of $95,000. Investors are now looking for the next major catalyst that could drive the cryptocurrency market forward.

Economic research firm Perryman Group has revealed that Bitcoin mining has contributed more than $4 billion to the US gross domestic product (GDP) in 2024. The firm disclosed this in its new report, noting that it created 31,000 jobs.

Strategy acquired a total of approximately 258,320 BTC in 2024 and currently holds 478,740 BTC worth over $46 billion.

American business intelligence and software firm Strategy (formerly MicroStrategy) has announced its plans to raise funds via private debt issuance to buy more Bitcoin. The firm targets a $2 billion debt aggregate principal amount of 0% Convertible Senior Notes.

Bitcoin's price performance in recent weeks has maintained a sluggish movement, with the cryptocurrency now hovering near the $97,000 mark. Despite the 3% decline over the past two weeks, Bitcoin remains within a consolidation phase following its January all-time high above $109,000.

XRP's price action on Feb. 18, 2025, reflects short-term bearish pressure amid critical support tests. Technical indicators signal cautious optimism for a rebound if key levels hold. XRP The 1-hour chart reveals a clear downtrend, marked by lower highs and lows, with XRP trading between $2.48 and $2.52 over the past hour.

The SEC's review of Bitwise's XRP ETF could enhance market legitimacy, broaden investor access, and influence future crypto regulations. The post SEC formally accepts Bitwise's XRP spot ETF filing appeared first on Crypto Briefing.

Cryptocurrency markets are trading lower despite bullish catalysts, including rising institutional investment and Texas' Strategic Bitcoin Reserve proposal. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,100.04 -1.8% Ethereum (CRYPTO: ETH) $2,637.93 -3.7% Solana (CRYPTO: SOL) $166.02 -7.3% XRP (CRYPTO: XRP) $2.51 -5.5% Dogecoin (CRYPTO: DOGE) $0.2472 -4.3% Shiba Inu (CRYPTO: SHIB) $0.00001511 -3.6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 14.5% and daily active addresses grew by 22.3%.

Bitwise donated $150,000 to support Bitcoin (BTC) open-source developers, according to a Feb. 18 announcement. The funds are equivalent to 10% of the gross profits from its spot Bitcoin exchange-traded fund (ETF), BITB, an amount pledged since the product's inception.

VanEck's head of digital asset research says he holds a “strong belief” that Twitter founder Jack Dorsey is the pseudonymous creator of Bitcoin (BTC), Satoshi Nakamoto.

Business intelligence firm Strategy has temporarily suspended its Bitcoin purchasing program by pausing stock sales between February 10-14, keeping its massive 478,740 BTC treasury unchanged.

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According to data provided by analytics firm CryptoQuant, the Coinbase Premium Index (CPI) logged a sharp drop on Tuesday after the U.S. stock market open.

Bitcoin's market is currently witnessing a dynamic shift, with recent trends indicating a possible short squeeze that could push the price towards the highly anticipated $100K mark. However, as the crypto market plays its usual games of long traps, the bigger question is whether the bulls can finally break through the resistance or if they'll continue to get trapped in the cycle.

MARA has added a wind farm in Texas to its Bitcoin mining operations, giving second life to outdated rigs in the process.

XRP's price has continued to lose ground despite the positive news.

Michael Saylor shares 21 Bitcoin rules, emphasizing its financial revolution, decentralization, and long-term value.

XRP price has dropped nearly 4% in the last 24 hours and is down 21% over the past 30 days, bringing its market cap to $144 billion. The decline comes as key technical indicators flash warning signs, with the Chaikin Money Flow (CMF) hitting its lowest level since June 2022 and active addresses dropping by 53% in the past month.

In a latest update, the U.S. SEC acknowledged a spot XRP ETF filing from Cboe BZX Exchange for Bitwise to list and trade shares. The SEC has invited comments on the proposal, with a deadline 21 days after it is published in the Federal Register.

The XRP community is abuzz with excitement as the Securities and Exchange Commission (SEC) acknowledges the third XRP ETF. Recently, the SEC acknowledged Bitwise's XRP ETF, sparking hopes of a major breakthrough in the XRP price.

Bitcoin faces selling pressure below $95K, but institutional demand remains strong. Bernstein predicts BTC at $200K—Is the next bull run just beginning? The post Bernstein Report Says Bitcoin Rally Is Just Beginning – When is the Next Leg Up? appeared first on Cryptonews.

XRP, the digital currency connected to Ripple, is showing significant bullish signs in the market. A popular chart pattern, known as the Cup and Handle, has recently appeared on its price chart, and experts are speculating that this could drive the price of XRP up to $3.35, marking a notable local high for the asset.

According to new reports, the U.S. Securities and Exchange Commission (SEC) has confirmed the receipt of an application for a Bitwise spot XRP Exchange-Traded Fund (ETF). According to earlier reports, Bitwise initially filed an application to launch the product back in early October.

The SEC previously acknowledged spot XRP ETF filings from 21Shares and Grayscale, though not from Canary Capital and WisdomTree.

A veteran trader known for calling the collapse of 2022 is predicting big fakeout dips for Bitcoin (BTC) and two top altcoins before fresh explosive rallies. Posting in his Telegram channel, pseudonymous crypto analyst Capo tells his audience that Bitcoin may plummet to around $81,450, a 14% decline from its current value.

Mubadala boosts Bitcoin ETF exposure, signaling Abu Dhabi's strategic push to diversify investments and embrace emerging digital assets.

Recent U.S. regulatory filings are show a broadening in the base of buyers for bitcoin ETFs.

Stuart Alderoty, chief legal officer at enterprise blockchain Ripple, has identified the SEC's habit of filing "follow-on' actions after the DOJ as a "major" source of waste at the agency.

The new facility offers 240 megawatts of interconnection capacity and 114 megawatts of wind power, utilizing last-generation ASIC mining hardware.

MicroStrategy Inc. (NASDAQ:MSTR) Executive Chairman Michael Saylor on Tuesday said he believes institutional investors have yet to allocate enough capital to Bitcoin (CRYPTO: BTC), despite its increasing acceptance as a financial asset. “If it's a legitimate institutional asset, everybody is under-allocated to it,” he told CNBC.

On Tuesday, bitcoin confronts increasing pressure this week, having fallen below $94,000 on Feb. 18, 2025, as macroeconomic concerns, technical glitches, and mixed market sentiment challenge vital support levels. Global Market Fears Drive Bitcoin Prices to Lower Levels Bitcoin's 1.8% decline this week mirrors wider crypto unease, with the global market cap dipping 2.

Crypto analyst EXCAVO has alluded to the potential Litecoin ETFs and how they spark a massive price surge for LTC. The analyst also revealed how high LTC could rally to at the end of this bull cycle thanks to these ETFs.

BTC has dumped to a two-week low of its own.

Bitcoin price retreated below $95,000 on Tuesday, continuing a downtrend that began four weeks ago when it peaked at a record high of $109,200.

Standard Chartered's head of digital assets research, Geoffrey Kendrick, believes Bitcoin's path to reaching $500,000 before President Donald Trump leaves office depends on increased long-term investment from state pension funds. In a research note on Tuesday, Kendrick highlighted that state pension funds currently account for just 1% of Bitcoin ETF holdings.

The U.S. Securities and Exchange Commission acknowledged Bitwise's spot XRP ETF filing earlier this Tuesday.

Cboe sought permission to list four spot XRP ETFs on Feb. 6, including 21Shares Core XRP Trust.

MARA Holdings, Inc. has completed its acquisition of a wind farm in Hansford County, Texas. The wind farm has 240 megawatts of interconnection capacity and 114 MW of wind power.

The Bank of New York Mellon (BK) is holding more than $13 million worth of shares in Bitcoin (BTC) exchange-traded funds (ETFs). According to a new filing with the U.S. Securities and Exchange Commission (SEC), Bank of New York Mellon currently holds $13,280,431 worth of shares in Bitcoin ETFs.

Tether CEO Paolo Ardoino has suggested that advancements in quantum computing could make it possible to hack and retrieve lost Bitcoin, including the nearly 1 million BTC supposedly held by Bitcoin's pseudonymous creator, Satoshi Nakamoto.

Bitcoin has fallen to its lowest price in weeks as Solana continues to bleed amid the LIBRA controversy, plus other top coins dip.

As FTX begins its repayment process and injects liquidity into the market, there's a downward pressure on the price chart. As a result, Bitcoin is having trouble building the buying momentum that analysts had anticipated would increase following FTX's repayments. FTX Distributes $1.

Co-founder and CEO of Amboss, Jesse Shrader, believes that broader adoption of the Lightning Network is just around the corner and that USDT on Lightning is a game changer.

While Bitcoin.com News has already disseminated numerous accounts on the predictions of generative artificial intelligence (AI) by roughly six to nine chatbots depending on the test, in this audacious experiment, we've escalated the number to an unprecedented extent, magnifying the breadth of our predictive inquiry to 15 bots.

Another crypto market crash is occurring, with the Bitcoin price dropping below the crucial $95,000 support level, dragging altcoins like Ethereum, Solana, and the XRP price along with it. This price crash has occurred mainly due to the bearish sentiment in the market, thanks to several factors.