February 18, 2025

Bitcoin

Bitcoin

Texas Senate Schedules Public Hearing For Bitcoin Reserve Bill On February 18

Key Takeaways The Texas Senate is holding a public hearing on February 18 to evaluate the prospect of a strategic Bitcoin reserve in the state. The Texas Strategic Bitcoin Reserve Bill or SB 21 was submitted to the Secretary of State on February 12.  SB 21 is an updated version of the SB 778 bill

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Bitcoin

FTX repayments stir mixed feelings among investors, sending Bitcoin and Solana down

FTX is set to redistribute tokens to its creditors starting on Tuesday. The repayments will start with creditors owed $50,000 or less. 10x Research analyst states that the first redistribution may not have much effect on the crypto market. Bitcoin (BTC) and Solana (SOL) experienced declines on Monday as defunct crypto exchange FTX will begin redistributing

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Bitcoin

Bitcoin Bull Run Just Getting Started as Institutions Load Up, Says Bernstein

Bitcoin’s bull run is going to continue—thanks to the big money institutions.  That’s according to a report from global investment firm Bernstein, which said on Monday that investors should be prepared for a further rally in the asset and equities related to it.  Analysts Gautam Chhugani, Mahika Sapra, and Sanskar Chindalia wrote that the bull

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Bitcoin

Ex-Goldman Sachs Executive Says Bitcoin, Ethereum, Solana and Sui All Look Bullish Amid ‘Greatest Macro Trade’

Macro guru and Real Vision chief executive Raoul Pal says that Bitcoin (BTC) and other top altcoins are all looking strong despite choppiness in crypto markets. In a new thread on the social media platform X, the ex-Goldman Sachs executive says that Bitcoin, Ethereum (ETH), Solana (SOL) and Sui (SUI) are printing bullish patterns on

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Bitcoin

Bitcoin Signal Typically Seen Before Market Cycle Tops Flashing On-Chain: Glassnode

Prominent on-chain analytics firm Glassnode says that current metrics are suggesting that Bitcoin (BTC) is nearing the end of its bull market. Posting on the social media platform X, Glassnode takes a look at the RHODL Ratio, which the firm says helps identify inflection points in Bitcoin’s market cycle by comparing the number of mid-cycle

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Bitcoin

Bitcoin, Ethereum Investment Products Bleed $430 Million as Inflation Concerns Flare

Digital asset investment products notched major outflows for the first time this year, bleeding $415 million last week amid investors’ renewed focus on U.S. monetary policy. Last week’s outflows were concentrated among Bitcoin products like spot ETFs, totaling $430 million as Federal Reserve Chairman Jerome Powell maintained the U.S. central bank “need not be in

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Bitcoin

Why is El Salvador turning away from Bitcoin?

The country was the first nation in the world to adopt Bitcoin as legal tender back in 2021. Image: Shutterstock El Salvador’s attitudes to Bitcoin are changing. Doug Specht explores why and considers how other nations are sizing up cryptocurrency By Doug Specht El Salvador made headlines in 2021 when it became the first country

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Bitcoin

Three Reasons Why MicroStrategy’s Michael Saylor Thinks BTC Prices Will Reach £3.9M in the Long Run

MicroStrategy co-founder Michael Saylor is convinced that Bitcoin is on a trajectory to replace gold and will reach a value of £3.96 million per token in the long run due to three major positive catalysts. Spot BTC ETF, Bank Custody, And Fair Value Accounting for BTC on Company Balance Sheets Saylor believes that the approval

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Bitcoin

Bitcoin’s future bullish amid recent market correction

Bitcoin has been struggling with volatility in recent weeks as investors have taken a cautious approach due to concerns about monetary policy tightening and its potential effects on risky assets. The most recent U.S. Federal Reserve’s hawkish stance may be maintained for longer than expected, according to the Consumer Price Index (CPI) data for January,

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Bitcoin

Cardano, Bitcoin & Crypto – European Wrap 17 February

Cardano (ADA) price extends its rally on Monday after gaining more than 13% last week. On-chain metrics suggest a bullish picture as ADA’s long-to-short ratio reached the highest level in over a month. The technical outlook and funding rates data suggest a rally continuation, targeting 20% additional gains. Bitcoin (BTC) price has been consolidating between

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