Bitcoin Futures CME (BTC)

Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA: BTC)

에 대한 최신 뉴스 Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

Community Bankers Trust Corporation.

AMEX

Grayscale Bitcoin Mini Trust (BTC) is solely and passively invested in Bitcoin. Its investment objective is to reflect the value of Bitcoin held by the Trust, less expenses and other liabilities.

Grayscale Bitcoin Mini Trust

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

News

Markets

$BTC

$ETH

Core Scientific, Inc. - Class A Common Stock

CORZ

GBTC

TSX:ETF

금융 공시에 따르면 새로 확정된 연방수사국(FBI) 국장인 캐시 파텔(Kash Patel)은 비트코인(CRYPTO: BTC) 투자에 상당한 노출을 가지고 있다.

캐시 파텔 신임 FBI 국장, 비트코인 ETF 10만 달러 이상 보유하고 채굴업체 코어 사이언티픽에도 상당한 투자

$DOGE

수요일(19일) 도널드 트럼프 대통령이 미국을 &#34;암호화폐의 수도&#34;로 만들겠다는 의지를 거듭 밝히면서 주요 암호화폐가 상승했다.

트럼프의 암호화폐 지원 재확인, 비트코인·이더리움·도지코인 상승: 공매도 세력 시장 떠날까?

화요일(18일) 반에크의 디지털 자산 연구 책임자인 매튜 시겔은 사토시 나카모토의 미스터리에 새로운 반전을 더하며 기술 거물인 잭 도시가 비트코인(CRYPTO:BTC) 창시자라고 주장했다.

잭 도시가 비트코인 창시자 사토시 나카모토? 매튜 시겔이 제시한 핵심 증거

Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest

Bitcoin - United States Dollar

Bitcoin 2

BACTOLAC PHARM INC by Bactolac Pharmaceutical, Inc.

Bitcoin BEP2

BTCDOWN - United States Dollar

NEOS ETF Trust NEOS Bitcoin High Income ETF

T-Rex 2X Long Bitcoin Daily Target ETF

BIT Mining Ltd

Invesco Galaxy Bitcoin ETF Common Shares of Beneficial Interest

Bitcoin Private

BTCpy - United States Dollar

BTCS Inc

Bitcoin Standard Hashrate Token

BTC Digital Ltd

Bitcoin - TrueUSD

BTCUP - United States Dollar

WisdomTree Bitcoin Fund Common Shares of Beneficial Interest

Bluesky Digital Assets Corp

BLUESKY DIGITAL ASSET CRP by Bluesky Digital Assets Corp.

Biotricity Inc

BitcoinZ

Market intelligence firm&nbsp;Santiment&nbsp;has identified three key metrics suggesting a potential bullish move for&nbsp;Bitcoin&nbsp;(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>).
What Happened: The analytics platform highlights&nbsp;that the average returns of&nbsp;wallets, the dormancy period of coins, and Bitcoin&#8217;s supply on exchanges all indicate a possible upward swing for the leading cryptocurrency by market cap.
Santiment <a href="https://insights.santiment.net/read/biweekly-market-update-crypto-markets-react-to-inflation-and-scandals-8485">notes</a> that historically, accumulating BTC when wallets&#8217; average returns are below 0% has proven to be a strong strategy. Currently, wallets&nbsp;active in the past 30&nbsp;days show average returns of approximately -2.9%.
This suggests that buying or adding to positions could be statistically advantageous.
Additionally,&nbsp;older BTC tokens are circulating&nbsp;at a &#8220;healthy rate,&#8221; which is often a precursor to a rally. Santiment explains that when dormant tokens move frequently, it signals a healthy circulation, typically seen during prolonged bull runs.
Finally, Santiment points out that the amount of BTC on exchanges remains low after a significant withdrawal of coins into cold wallets in late 2024.
Currently, 7.6% of Bitcoin is held in known exchange wallets, compared to 9.92% six months ago.
Why It Matters: The potential bullish signals for Bitcoin come amid broader discussions about its role in economic strategies.&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43878748/michael-saylor-bitcoin-is-economic-armor-calls-on-us-to-accumulate-btc">Michael Saylor</a>, a prominent Bitcoin advocate, recently called on the U.S. government to accumulate Bitcoin, suggesting it could serve as &#8220;economic armor&#8221; and help eliminate national debt.
This perspective aligns with&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43889897/bitcoin-strategic-reserve-with-1-million-btc-could-offset-21-trillion-national-debt">Matthew Sigel&#8217;s</a>&nbsp;vision of using Bitcoin as a strategic reserve to offset the national debt by 2049.
However, not all outlooks are positive.&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43852658/bitcoin-ethereum-face-downside-risk-as-institutional-demand-fades-jpmorgan-says">JPMorgan analysts</a>&nbsp;have expressed concerns over declining institutional demand for Bitcoin and Ethereum futures, which could signal broader market weakness.
This decline in demand has been associated with futures contracts nearing backwardation, a condition where futures prices fall below spot prices, often seen during market downturns.
Price Action: Bitcoin was trading at $96,204 at the time of writing, declining by nearly 2% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Read Next:
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</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Analyst Color

Bitcoin's Bullish Signals: These 3 Key Metrics Indicate Potential Upswing, Says Research Firm

Kash Patel, the newly confirmed Federal Bureau of Investigation director, has significant exposure to Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), according to a financial disclosure.
What happened: Patel reported holding between $50,001 and $100,000 in the Grayscale Bitcoin Trust ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBTC#NYSE">GBTC</a>) and up to $15,000 in its &#8220;spin-off,&#8221; the Grayscale Bitcoin Mini Trust ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTC#NYSE">BTC</a>).
Additionally, he owned a stake worth between $50,001 and $100,000 in leading Bitcoin mining firm Core Scientific Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORZ#NASDAQ">CORZ</a>).
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43826697/bitcoin-early-in-bull-market-can-compete-with-gold-etfs-blockstream-ceo-says">Bitcoin &#8216;Early In Bull Market,&#8217; Can Compete With Gold ETFs, Blockstream CEO Says</a>
Why It Matters: The disclosure was the latest evidence of the involvement of high-ranking officials of the Donald Trump administration in cryptocurrency.&nbsp;&nbsp;
Apart from the president, who holds a significant amount of Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42936887/trumps-treasury-pick-scott-bessent-reveals-up-to-500000-bitcoin-stake-via-blackrocks-etf">Treasury Secretary</a> Scott Bessent, Health Secretary Robert F. Kennedy Jr., and <a href="https://www.benzinga.com/general/market-summary/25/02/43809086/us-commerce-secretary-howard-lutnicks-cantor-fitzgerald-increases-bitcoin-exposure-via-etfs-mstr-mara-adds-chinese-firms-like-baba-baidu-jd-in-q4">Commerce Secretary</a> Howard Lutnick have invested in digital assets.
Patel, who was confirmed as FBI director by the Senate on Thursday, previously worked for Trump on the National Security Council in 2019. He also helped with the Pentagon transition effort from Trump to Biden.
Moreover, Patel <a href="https://www.benzinga.com/politics/24/12/42278429/trump-fbi-pick-kash-patels-wealth-has-grown-from-trump-media-board-position-consulting-deal-and-trump-themed-childrens-books">served as a director</a> on the board of Trump Media &amp; Technology Group, which was co-founded by Trump. In the disclosure, Patel said he would terminate the position before taking charge as the FBI director.
Price Action: At the time of writing, Bitcoin was exchanging hands at $98,300.91 up 1.16% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43825637/donald-trump-says-us-is-successfully-negotiating-with-russia-over-ukraine-but-polymarket-traders-arent-convinced">Donald Trump Says US Is &#8216;Successfully Negotiating With Russia&#8217; Over Ukraine, But Polymarket Traders Aren&#8217;t Convinced</a></li>
</ul>
Photo courtesy: Shutterstock

New FBI Director Kash Patel Holds Over $100,000 In Bitcoin ETFs, Has Significant Exposure To BTC Miner Core Scientific

Leading coins jogged while stocks sank on Thursday as the Securities and Exchange Commission scaled back cryptocurrency oversight.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:45 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>+1.63%</td>
<td>$98,192.29</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+0.43%</td>
<td>$2,734.93</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-0.68%</td>
<td>$0.2536</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin rose above $98,000 for the first time in a week, clocking an intraday high of $98,767.19.&nbsp;
Ethereum, meanwhile, oscillated in the $2,700 zone, hitting a peak of $2,770.03 for the day.
The market reacted to the <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43857831/sec-scales-back-crypto-enforcement-expands-focus-to-cyber-fraud">SEC relaxing its enforcement approach</a>, replacing its cryptocurrency oversight unit with a smaller cyber fraud unit.
Cryptocurrency liquidations reached $249.79 million in the last 24 hours, with $171 in short positions getting wiped out.
Bitcoin's Open interest surged by 4.25%. Interestingly, the number of traders shorting the apex cryptocurrency was higher than those betting on its increase, according to the Long/Short ratio.
Meanwhile, the market sentiment flipped from "Neutral" to "Greed," according to the Crypto Fear &amp; Greed Index.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:45 p.m. ET)</td>
</tr>
<tr>
<td>Story (IP)</td>
<td>+82.66%</td>
<td>$5.07</td>
</tr>
<tr>
<td>Berachain (BERA)</td>
<td>+28.83%</td>
<td>$8.42</td>
</tr>
<tr>
<td>Sonic (S)</td>
<td>+24.65%</td>
<td>$0.8704</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $3.23 trillion, rising 1.49 % in the last 24 hours.
Stocks reversed from record highs on Thursday. The S&amp;P 500 slid 0.43% to close at 6,117.52. The Dow Jones Industrial Average lost 450.94 points, or 1.01%, to end at 44,176.65, while the tech-focused Nasdaq Composite dipped 0.47% to close at 19,962.36
The sell-offs <a href="https://in.benzinga.com/news/earnings/25/02/43869433/walmart-expects-slower-growth-in-an-uncertain-time-cfo-says-on-earnings-call">followed a grim fiscal 2026 forecast</a> by mega-retailer Walmart, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>). Shares of the company plunged 6.53%.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Widely followed cryptocurrency analyst and trader Rekt Capital observed a bullish divergence was playing out for Bitcoin
"And a daily close above ~$97,700 followed by a successful retest would see the bull div enable price trend continuation to the upside," the chartist added.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> The Bullish Divergence is playing out And a Daily Close above ~$97700 followed by a successful retest would see the Bull Div enable price trend continuation to the upside<a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://t.co/pgvTNpVROK">https://t.co/pgvTNpVROK</a> <a href="https://t.co/tM5RiGxksD">pic.twitter.com/tM5RiGxksD</a>
&mdash; Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1892666116922589556?ref_src=twsrc%5Etfw">February 20, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Ali Martinez, another well-known market researcher, reiterated the prognosis.
He described $97,533 as a "key" resistance level for Bitcoin. "A sustained breakout above this level could signal further upside."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The most critical resistance level for <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> is currently at $97,533! A sustained breakout above this level could signal further upside. <a href="https://t.co/Fh8qIUtvZJ">pic.twitter.com/Fh8qIUtvZJ</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1892515036066672879?ref_src=twsrc%5Etfw">February 20, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo by CMP_NZ on Shutterstock
Read Next:    
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43861405/dave-portnoy-calls-for-a-crypto-cleanup-but-heres-what-could-make-that-tricky">Dave Portnoy Calls For A &#8216;Crypto Cleanup,&#8217; But Here&#8217;s What Could Make That Tricky</a></li>
</ul>

Movers

Trading Ideas

Bitcoin Breaches $98K, Ethereum, Dogecoin Flat As SEC Relaxes Crypto Enforcement: Top Analysts Are Focused On This Level For A Potential BTC Upside

Berkshire Hathaway Chairman Warren Buffett and Ark Invest CEO Cathie Wood are two of the most sought-after investors in the capital markets, with significant media attention centered on their stock picks.
They have different philosophies, with Buffett advocating for long-term investments, while Wood routinely <a href="https://in.benzinga.com/markets/equities/25/02/43613535/cathie-wood-dumps-16-million-worth-of-palantir-stock-after-record-highs">offloads and adds to her positions</a> based on the market's fluctuations.
That said, one particular stock has been on the radar of both seasoned investors.
What happened: Nu Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>), a <a href="https://www.benzinga.com/content/42035188/warren-buffett-cathie-wood-own-nu-holdings-should-you">Brazil-based fintech firm</a> that provides digital banking services in Latin America, has had a great start to 2025, gaining 30.12% year-to-date.
The lightweight, valued at over $64 billion, also has a cryptocurrency arm, Nubank Cripto, which allows users to send and receive coins, such as Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), directly from their wallets.
Berkshire Hathaway holds 40.18 million shares of Nu Holdings, translating to a market value of $416.26 billion, according to the firm's latest 13F filing.
On the other hand, Ark Invest owns 2.086 million shares of the cryptocurrency-friendly bank, worth $21.61 million.
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43772661/us-could-sell-its-gold-to-set-up-potential-bitcoin-reserve-says-bernstein-will-it-ignite-a-global-race-to-buy-btc">US Could Sell Its Gold To Set Up Potential Bitcoin Reserve, Says Bernstein: Will It Ignite A &#8216;Global Race&#8217; To Buy BTC?</a>
Interestingly, the Nu Holdings has returned more this year than the respective top holdings of the two companies.
Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is the <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43618900/apple-vs-ibit-bitcoin-etf-one-is-warren-buffetts-berkshire-hathaways-biggest-holding-the-other-gives-exposure-to-a-crypto-he-vehemently-dislikes-which-has-generated-better-yearly-returns">biggest stock</a> in Berkshire Hathaway&#8217;s portfolio, with a stake worth over $75 billion at the end of December. Year-to-date, shares of the tech giant have fallen 2.22%.
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) was Ark Invest's top holding, valued at $1.327 billion. Shares of the electric vehicle giant have bled 10.72%.
Clearly, the under-the-radar stock has overwhelmingly beaten the two behemoths and justified its presence in the portfolios of the two legendary investors.&nbsp;
Price Action: Shares of Nu Holdings closed 0.44% lower at $13.48 during Wednesday&#8217;s regular session, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.
Photo Courtesy: xm4thx on Shutterstock.com
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43773373/hackers-pose-as-saudi-crown-prince-mohammed-bin-salman-in-crypto-con-scam-coin-crashes-58">Hackers Pose As Saudi Crown Prince Mohammed Bin Salman In Crypto Con, Scam Coin Crashes 58%</a></li>
</ul>

AAPL

TSLA

Bitcoin-Friendly Bank Stock Held By Warren Buffett And Cathie Wood Has Crushed Their Top Holdings Apple And Tesla In 2025

Leading cryptocurrencies rose on Wednesday as President Donald Trump reiterated his intention to make the U.S. the "cryptocurrency capital."
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>+1.58%</td>
<td>$96,689.24</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+2.13%</td>
<td>$2,716.15</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+1.90%</td>
<td>$0.2546</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin sailed above $96,900, while Ethereum reentered the $2,700 zone overnight, amid Trump's <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43836911/trump-reiterates-resolve-to-make-us-the-crypto-capital-critic-labels-idea-of-bitcoin-reser">positive remarks about the industry</a> at a Miami conference.&nbsp;
Bitcoin's dominance remained over 60%, while Ethereum cornered a 10% market share.
Cryptocurrency liquidations hit $132.69 million in the last 24 hours, as the rally erased over $75 million in bearish bets.
Interestingly, Bitcoin's Open interest fell 0.28%. A decline in Open Interest, coinciding with a price increase, indicated that shorts were covering their positions.
Bitcoin's Long/Short ratio rose above 1, indicating that the majority of the traders were placing upside bets on the leading cryptocurrency.
Market sentiment flipped from "Fear" to "Neutral," according to the Crypto Fear &amp; Greed Index, suggesting a potential increase in buying pressure.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Story (IP)</td>
<td>+37.22%</td>
<td>$2.76</td>
</tr>
<tr>
<td>Sonic (S)</td>
<td>+19.75%</td>
<td>$0.7112</td>
</tr>
<tr>
<td>Aptos (APT)</td>
<td>+14.35%</td>
<td>$6.42</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $3.19 trillion, rising by 2.17% in the last 24 hours.
Stocks rallied to new peaks on Wednesday. The S&amp;P 500 gained 0.24% to close at a record high of 6,144.15. The Dow Jones Industrial Average added 71.25 points, or 0.16%, to end at 44,627.59, while the tech-focused Nasdaq Composite gained 0.07% to close at 20,056.25.
Investors parsed the <a href="https://www.benzinga.com/25/02/43829352/fomc-minutes">latest Federal Reserve meeting minutes</a>, with policymakers preferring to "take a careful approach&#8221; before considering further interest rate cuts.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Leading on-chain analytics firm CryptoQuant noted a slowdown in the daily inflows into U.S. spot exchange-traded funds.&nbsp;
"U.S. ETF buys dropped from +$18,000 in early November to -$1,000 today. Bitcoin rallies are unlikely at these levels," the firm stated, pointing to a drop in institutional interest.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">ETF activity is slowing. US ETF buys dropped from +18K in early November to -1K today. Bitcoin rallies are unlikely at these levels. <a href="https://t.co/wAxPLY9KSF">pic.twitter.com/wAxPLY9KSF</a>
&mdash; CryptoQuant.com (@cryptoquant_com) <a href="https://twitter.com/cryptoquant_com/status/1892260963698585629?ref_src=twsrc%5Etfw">February 19, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Popular cryptocurrency analyst and trader Rekt Capital drew attention to Bitcoin's struggles in retesting $97,700.&nbsp;
The researcher noted that the leading cryptocurrency has successfully held on to the $96,000 zone, showcasing "early signs of a bullish divergence."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> Bitcoin hasn&#39;t been able to Daily Close &amp; retest ~$97700 (light blue) which has meant that BTC has needed to find support at the blue trendline again<a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> continues to successfully hold the blue diagonal, while showcasing early signs of a Bullish Divergence <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://t.co/ZfOTFwR9zy">https://t.co/ZfOTFwR9zy</a> <a href="https://t.co/TkpguSW6BB">pic.twitter.com/TkpguSW6BB</a>
&mdash; Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1892200600688893985?ref_src=twsrc%5Etfw">February 19, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo by SvetlanaParnikova on Shutterstock
Read Next:    
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43826697/bitcoin-early-in-bull-market-can-compete-with-gold-etfs-blockstream-ceo-says">Bitcoin &#8216;Early In Bull Market,&#8217; Can Compete With Gold ETFs, Blockstream CEO Says</a></li>
</ul>

Bitcoin, Ethereum, Dogecoin Gain As Trump Reaffirms Crypto Support: Are Short Sellers Exiting The Market?

Editor&#8217;s Note: This story has been updated to correct the &#8220;21/21 Plan&#8221; details in paragraph 6.
Michael Saylor's Strategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), the largest corporate Bitcoin holder in the world, intends to issue $2 billion in convertible debt through a private offering, to buy more Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)
What Happened: On Tuesday, the company announced plans to offer the notes to institutional investors through a private placement, including an additional $300 million option for early buyers. The notes, set to mature on March 1, 2030, will be convertible into cash, stock, or a combination of both at Strategy's discretion.
The notes will neither accrue regular interest nor increase in value, meaning their principal amount will stay constant over time. Strategy reserves the right to redeem the notes for cash beginning March 5, 2027, but only if its stock price remains at least 130% above the conversion price for a designated period.
Investors have the right to request a repurchase on March 1, 2028, or in the case of a significant corporate change, at the principal amount along with any accrued special or additional interest.
The firm, led by Saylor, stated that the proceeds would mainly be used to acquire more Bitcoin, with a portion set aside for working capital.
SEE ALSO: <a href="https://www.benzinga.com/tech/25/02/43802471/apples-leaked-renders-show-iphone-17-air-and-pro-getting-unique-camera-islands-but-base-models-looks-may-disappoint-some">Apple&#8217;s Leaked Renders Show iPhone 17 Air And Pro Getting Unique Camera Islands —But Base Model&#8217;s Looks May Disappoint Some</a>
Why It Matters: The initiative is part of the company's larger 21/21 Plan that aims to secure $21 billion from equity offerings and an additional $21 billion through fixed-income securities between 2025 and 2027. This is the company&#8217;s first simple convertible offering since it secured over $560 million at a substantial discount.
This decision also comes after a week wherein the company refrained from raising funds through share sales or debt to purchase Bitcoin, a strategy it had frequently employed in the past.
Strategy&#8217;s ambitious Bitcoin investment plan, therefore, could be seen as a move to capitalize on the increasing acceptance of Bitcoin as a legitimate institutional asset. However, Saylor opined that <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43793078/michael-saylor-bitcoin-adoption-hindered-by-institutional-under-allocation">institutional investors are yet to allocate</a> sufficient capital to Bitcoin, despite its growing acceptance as a financial asset.
He also noted that recent regulations are simplifying the process for companies to include Bitcoin in their balance sheets. For instance, the Financial Accounting Standards Board&#8217;s fair value accounting rules mandate that companies report cryptocurrencies at their fair market value.
Strategy&#8217;s bold move comes in the wake of a 20% reduction in workforce and over a 14% drop in the company&#8217;s stock value since last month. The company, which&nbsp;held 478,740 Bitcoin as of&nbsp;Feb. 17, has seen its stock surge over 370% during the past year.
<ul>
<li>READ MORE: <a href="https://www.benzinga.com/25/02/43802574/bitcoin-ethereum-dogecoin-slide-further-while-stocks-rally-analyst-spots-a-good-sign-for-eths-mid-term-and-long-term-price-outlooks">Bitcoin, Ethereum, Dogecoin Slide As Stocks Rally: Analyst Spots &#8216;Good Sign&#8217; For ETH&#8217;s Mid-Term And Long-Term Price Outlooks</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tech

MSTR

Michael Saylor's Strategy To Raise Another $2 Billion To Buy More Bitcoin (CORRECTED)

Leading cryptocurrencies dipped on Tuesday, even as the stock market lifted to record highs.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:45 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-0.14%</td>
<td>$95,525.86</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-1.96%</td>
<td>$2,674.93</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-2.19%</td>
<td>$0.2515</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin plummeted to a two-week low of $93,388.83, breaking out of its rangebound price pattern.
Ethereum fell to an intraday low of $2,606.90 before recouping losses later in the evening.
Bitcoin's dominance rose above 60%, while Ethereum accounted for a 10.3% share of the cryptocurrency market.
Cryptocurrency liquidations soared to $344.95 million in the last 24 hours, with over $278 million in upside bets getting erased.
Bitcoin's Open interest rose by 1.12%. A rise in Open Interest, coinciding with a price decline, indicated the opening of new short positions.
That said, over $800 million in short positions will be liquidated if Bitcoin reclaims $100,000.
Market sentiment flipped into the "Fear" zone, according to the Crypto Fear &amp; Greed Index, potentially leading to an increase in short positioning.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:45 p.m. ET)</td>
</tr>
<tr>
<td>Maker (MKR)</td>
<td>+9.72%</td>
<td>$1,416.27</td>
</tr>
<tr>
<td>Litecoin (LTC)</td>
<td>+7.94%</td>
<td>$131.74</td>
</tr>
<tr>
<td>Bittensor (TAO)</td>
<td>+5.61%</td>
<td>$377.66</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $3.14 trillion, contracting by 0.90% in the last 24 hours.
Stocks rallied sharply on the first trading day of the week. The S&amp;P 500 lifted 0.24% to close at a record high of 6,129.58. The Dow Jones Industrial Average was comparatively muted, adding 10.26 points, or 0.02%, to end at 44,556.34. The tech-heavy Nasdaq Composite gained 0.07% to close at 20,041.26.
The Federal Reserve will release last month's meeting minutes on Wednesday, helping investors further understand the <a href="https://www.benzinga.com/25/02/43668443/powell-to-congress-fed-is-not-there-yet-on-inflation-cpi-was-above-every-forecast-us-debt-path-is-unsustainable">central bank's position on interest rates</a>.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Leading on-chain analytics firm Santiment noted a sharp decline in the Ethereum network's average fees, describing it as a "good sign" for mid-term and long-term price outlooks.
"Just as extremely high fees can sometimes push traders away or cause short-term corrections, extremely low fees (like we&#8217;re seeing now) will often incentivize users back and allowing the network&#8217;s utility to rise to a prosperous rate," the analyst stated.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x1f4b8; The average fee of an Ethereum transfer currently sits at just $0.41, in contrast to the $15.21 high point of the past 2 years. When Ethereum transaction fees are low, it usually means the network is not overly crowded. When users are not paying high prices to move their ETH… <a href="https://t.co/G22qd3eTl8">pic.twitter.com/G22qd3eTl8</a>
&mdash; Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1892012106972577997?ref_src=twsrc%5Etfw">February 19, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Well-known cryptocurrency expert and trader Ali Martinez highlighted levels of interest on Bitcoin's price chart.&nbsp;
"Bitcoin faces a supply wall of 1.88 million BTC at $97,000, while support at $94,500 is backed by just 695,000 BTC. This imbalance could play a key role in the next move," Martinez predicted.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> faces a supply wall of 1.88 million <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> at $97,000, while support at $94,500 is backed by just 695,000 <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a>. This imbalance could play a key role in the next move! <a href="https://t.co/WVznb1c1RE">pic.twitter.com/WVznb1c1RE</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1891830021855248654?ref_src=twsrc%5Etfw">February 18, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo by Avi Rozen on Shutterstock
Read Next:    
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43792319/record-breaking-token-creation-in-january-raises-concerns-over-altcoin-liquidity-market-quality">Record-Breaking Token Creation In January Raises Concerns Over Altcoin Liquidity, Market Quality</a></li>
</ul>

Bitcoin, Ethereum, Dogecoin Slide As Stocks Rally: Analyst Spots 'Good Sign' For ETH's Mid-Term And Long-Term Price Outlooks

Cryptocurrency markets are trading lower despite bullish catalysts, including rising institutional investment and <a href="https://www.benzinga.com/24/12/42476809/texas-joins-crypto-movement-introduces-bill-to-set-up-bitcoin-reserve">Texas&#8217; Strategic Bitcoin Reserve</a> proposal.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Price&nbsp;&nbsp;&nbsp;</td>
<td>Gains +/-</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>&nbsp;$94,100.04</td>
<td>-1.8%</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td>
<td>&nbsp;$2,637.93</td>
<td>-3.7%</td>
</tr>
<tr>
<td>Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td>
<td>&nbsp;$166.02&nbsp;</td>
<td>-7.3%</td>
</tr>
<tr>
<td>XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)</td>
<td>&nbsp;$2.51</td>
<td>-5.5%</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td>
<td>&nbsp;$0.2472</td>
<td>-4.3%</td>
</tr>
<tr>
<td>Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td>
<td>&nbsp;$0.00001511</td>
<td>-3.6%</td>
</tr>
</tbody>
</table>
</figure>
Notable Statistics:
<ul>
<li>IntoTheBlock data shows large transaction volume increasing by 14.5% and daily active addresses grew by 22.3%. Transactions greater than $100,000 are up from 6,580 to 9,049 in a single day. Exchanges netflows are down by 127%.</li>
<li>Coinglass data reports 140,769 traders were liquidated in the past 24 hours with the total liquidations comes in at $335.77 million.</li>
</ul>
Notable Developments:
<ul>
<li><a href="https://in.benzinga.com/markets/cryptocurrency/25/02/43792319/record-breaking-token-creation-in-january-raises-concerns-over-altcoin-liquidity-market-quality">Record-Breaking Token Creation In January Raises Concerns Over Altcoin Liquidity, Market Quality</a></li>
<li><a href="https://www.benzinga.com/government/regulations/25/02/43793464/robinhood-to-expands-crypto-offerings-in-singapore-in-push-for-global-growth">Robinhood To Expands Crypto Offerings In Singapore In Push For Global Growth</a></li>
<li><a href="https://in.benzinga.com/25/02/43786713/solana-meme-coin-ecosystem-under-fire-galaxy-research-cites-libra-rug-pull-as-major-blow">Solana Meme Coin Ecosystem Under Fire: Galaxy Research Cites LIBRA Rug Pull As Major Blow</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43790066/institutions-can-earn-bitcoin-yield-with-lstbtc-while-retaining-custodian-security">Institutions Can Earn Bitcoin Yield With lstBTC While Retaining Custodian Security</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43772661/us-could-sell-its-gold-to-set-up-potential-bitcoin-reserve-says-bernstein-will-it-ignite-a-global-race-to-buy-btc">US Could Sell Its Gold To Set Up Potential Bitcoin Reserve, Says Bernstein: Will It Ignite A &#8216;Global Race&#8217; To Buy BTC?</a></li>
</ul>
 Top Losers:
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Price&nbsp;&nbsp;&nbsp;</td>
<td>Gains +/-</td>
</tr>
<tr>
<td>Jupiter (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">JUP</a>)</td>
<td>&nbsp;$0.7133</td>
<td>-12.5%</td>
</tr>
<tr>
<td>Virtuals Protocol (CRYPTO: VIRTUAL)</td>
<td>&nbsp;$1.00</td>
<td>-12.5%</td>
</tr>
<tr>
<td>Raydium (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">RAY</a>)</td>
<td>&nbsp;$4.14</td>
<td>-11%</td>
</tr>
</tbody>
</table>
</figure>
Trader Notes: With Bitcoin dropping below $95K, he warns a dip to $80,000 will feel like hell for alts, but the rebound should be explosive. He urges traders to stay strong as bull season approaches.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> / <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> Sweep into the 80s is gonna feel like the bottom rings of hell for alts after what they've already been through, but the bounce back across the board should be violent and glorious when it's all over. Stay strong gents. Bull szn reason soon. <a href="https://t.co/otSSat0Th4">pic.twitter.com/otSSat0Th4</a>
&mdash; K A L E O (@CryptoKaleo) <a href="https://twitter.com/CryptoKaleo/status/1891928255386558836?ref_src=twsrc%5Etfw">February 18, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Crypto chart analyst Ali Martinez <a href="https://x.com/ali_charts/status/1891830021855248654">highlighted</a> a supply wall of 1.88 million BTC at $97,000 and support at $94,500 backed by 695,000 BTC, suggesting this imbalance could dictate Bitcoin's next move. 
Crypto Trader DonAlt <a href="https://x.com/CryptoDonAlt/status/1891886222508695708">sees</a> &#8220;same old, same old&#8221; market conditions but notes Bitcoin's strength despite broader weakness, saying he&#8217;s not worried about the crypto king.
ShardiB2 <a href="https://x.com/ShardiB2/status/1891912008808722522">observes</a> Bitcoin's first support test and based on daily RSI, expects a drop to $89,000, though it could get front-run at $91,000.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43772661/us-could-sell-its-gold-to-set-up-potential-bitcoin-reserve-says-bernstein-will-it-ignite-a-global-race-to-buy-btc">State Pension Funds Key To Bitcoin Hitting $500K, Long-Only Money Needed: Standard Chartered</a></li>
</ul>
Image: Shutterstock

$JUP

$RAY

$SHIB

$SOL

$XRP

Bitcoin, Ethereum, XRP, Dogecoin Slide: BTC's $80,000 Sweep Feels Like Hell For Altcoins But A Glorious Rebound Awaits

Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) has been stuck in a multi-week range, leaving altcoins struggling for momentum. However, traders believe this consolidation phase could be setting the stage for an altseason breakout.
What Happened: Crypto trader Astronomer<a href="https://x.com/astronomer_zero/status/1891652214328082847"> advises </a>altcoin holders to remain patient, emphasizing that historically, the biggest altcoin surges occur in the final year of the cycle (2025). He argues that the current cycle resembles 2017 more than 2021, which explains why altcoins have yet to make major moves.
<ul>
<li>In 2017, altcoins remained flat until the final year (March–November) before exploding.</li>
<li>In 2021, altcoins surged early (August 2020–February 2021) but then suffered a 70% crash mid-cycle.</li>
<li>Bitcoin&#8217;s current price action resembles 2017's gradual parabolic rise, unlike 2021's rapid, straight-up movements.</li>
</ul>
Historically, Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>), Litecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ltc/usd">LTC</a>), Cardano (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ada/usd">ADA</a>), and IOTA (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/iota/usd">IOTA</a>) all stayed stagnant until late in the final year before massive rallies. Many traders expected Bitcoin dominance to drop sharply, similar to 2021, but the market is following the 2017 pattern of a gradual decline before a sharp break lower.
Similarly, Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) also saw a gradual rise in 2017 before an explosive move, unlike its more volatile 2021 cycle.
The logical reasons behind this cycle's similarity to 2017 include market psychology, where investors expect the last cycle to repeat and get outmaneuvered, and mass adoption, with institutional and governmental players now involved, similar to the retail-driven surge in 2017.
Also Read: <a href="https://www.benzinga.com/25/02/43755252/bitcoin-altcoin-set-to-rise-with-irrational-valuations-according-to-crypto-analyst-but-a-big-crisis-looms-afterwards">Bitcoin, Altcoin Set To Rise With &#8216;Irrational Valuations,&#8217; According To Crypto Analyst, But A &#8216;Big&#8217; Crisis Looms Afterwards</a>
What's Next: Crypto trader Scient highlighted that market remains choppy, with many altcoins bleeding and Bitcoin ranging between $91,000-$108,000. This is a typical cycle pattern where liquidity moves from weaker to stronger assets, though it&#8217;s happening faster due to market segmentation.
The trader <a href="https://x.com/Crypto_Scient/status/1891779609806451141">expects</a> the chop/downside to end soon, likely by late April, and does not anticipate a prolonged altseason. They suggest focusing on large caps like L1/L2s, DeFi, AI, and RWA, with only a small 2-5% allocation to meme coins.
Meanwhile, trader arndxt <a href="https://x.com/arndxt_xo/status/1891800870016385501">pointed</a> out that Bitcoin has been stuck in a 60-day range, which is relatively short compared to past 240-day consolidation periods. This suggests the chop is not over yet, and altcoins will continue to struggle for momentum until BTC makes a decisive move.
Read Next:
<ul>
<li><a href="https://in.benzinga.com/markets/cryptocurrency/25/02/43662831/bitcoin-meme-coins-dominate-crypto-but-other-projects-suffer-analyst-says">Bitcoin, Meme Coins Dominate Crypto, But Other Projects Suffer, Analyst Says</a></li>
</ul>
Image: Shutterstock

$ADA

$IOTA

$LTC

Dogecoin, Cardano Among Four Iconic Altcoins: Trader Sees 'Pretty Close To An End To This Chop'

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2025/02/14/final-trades-toast-cme-group-goldman-sachs-and-diamondback-energy.html">Halftime Report Final Trades</a>,&#8221; Joshua Brown of Ritholtz Wealth Management named Toast, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOST#NYSE">TOST</a>) as his <a href="https://www.benzinga.com/quote/TOST/analyst-ratings">final trade</a>.
Supporting his view, Oppenheimer analyst Rayna Kumar, on Jan. 24, initiated coverage on Toast with an Outperform rating and announced a price target of $46. Toast, meanwhile, will release financial results for the fourth quarter and full year following the close of markets on Wednesday, Feb. 19.
Kevin Simpson of Capital Wealth Planning picked CME Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CME#NASDAQ">CME</a>).
Adding support to his choice, CME, on Feb. 12, posted better-than-expected results for the fourth quarter. The company posted adjusted earnings of $2.52 per share, beating market estimates of $2.44 per share. Its sales came in at $1.525 billion versus expectations of $1.519 billion.
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Rounding out the trades, Jason Snipe of Odyssey Capital Advisors named Goldman Sachs Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>).
According to a latest 13F filing with the SEC, Goldman Sachs loaded up more shares of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) spot exchange-traded funds in the fourth quarter of 2024. The Wall Street giant reported a significant stake in Fidelity Wise Origin Bitcoin Fund (BATS:<a class="ticker" href="https://www.benzinga.com/stock/FBTC#BATS">FBTC</a>), with 3.53 million shares valued at $288.01 million. Goldman Sachs bought an additional 1.8 million shares of FBTC in the fourth quarter ending Dec. 31.
Price Action:
<ul>
<li>Toast shares gained 0.7% to close at $40.49 on Friday.</li>
<li>CME fell 1.9% to settle at $245.48 during Friday's session.</li>
<li>Goldman Sachs shares gained 1.8% to close at $660.55 on Friday.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/02/43730195/top-3-defensive-stocks-that-may-collapse-in-q1">Top 3 Defensive Stocks That May Collapse In Q1</a></li>
</ul>
Image: Shutterstock

Long Ideas

Media

Fidelity Wise Origin Bitcoin Fund Fidelity Wise Origin Bitcoin Fund

FBTC

TOST

Toast, CME Group And An Investment Bank On CNBC's 'Final Trades'

Bitcoin continued to move sideways on Monday, while Ethereum staged a rebound as investors resorted to a wait-and-watch approach.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:45 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-0.80%</td>
<td>$95,608.82</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+2.10%</td>
<td>$2,726.70</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-3.67%</td>
<td>$0.2567</td>
</tr>
</tbody>
</table>
</figure>
What Happened: The world's leading cryptocurrency oscillated between $95,000 and $97,000, extending its rangebound price action.
Ethereum, on the other hand, rallied to a two-week high of $2,848.78 before paring gains by the evening.
Bitcoin's dominance rose to 59.8% over the last 24 hours, after a 3.16% increase.
Cryptocurrency liquidations hit $238 million in the last 24 hours, with long liquidations amounting to nearly $150 million.
Bitcoin's Open Interest rose by 1.58%. A rise in Open Interest, coming alongside a sideways price action, indicated potential volatility in the future.
Additionally, the number of traders opening long positions for Bitcoin surged when compared to those betting on its decline, according to the Long/Short Ratio.
Market sentiment remained "Neutral" as of this writing, according to the Crypto Fear &amp; Greed Index.&nbsp;
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:45 p.m. ET)</td>
</tr>
<tr>
<td>Sonic (S)</td>
<td>+12.82%</td>
<td>$0.6019</td>
</tr>
<tr>
<td>Berachain (BERA)</td>
<td>+8.01%</td>
<td>$6.04</td>
</tr>
<tr>
<td>Maker (MKR)</td>
<td>+5.42%</td>
<td>$1,046.67</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $3.17 trillion, contracting by 0.92% in the last 24 hours.
Stock futures ticked higher Monday evening. The Dow Jones Industrial Average Futures rose 67 points, or 0.15%, as of 7:45 p.m. EDT.&nbsp; Futures tied to the S&amp;P 500 gained 0.15%, while Nasdaq 100 Futures rose 0.14%.
The Federal Reserve will release the meeting minutes on Wednesday, giving investors further cues on the <a href="https://www.benzinga.com/25/02/43668443/powell-to-congress-fed-is-not-there-yet-on-inflation-cpi-was-above-every-forecast-us-debt-path-is-unsustainable">central bank's position on interest rates</a>.
The New York Stock Exchange and Nasdaq will resume trading on Tuesday after the Presidents Day holiday.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Leading on-chain analytics firm Santiment noted Ethereum's recovery and outperformance vis-à-vis altcoins.
"From a long-term perspective, ETH continues to move off of exchanges and into cold wallets at a shocking pace, with just 6.38% of the available supply on exchanges," Santiment data showed, indicating a lower likelihood of a large sell-off event.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x1f4c8; Ethereum has shown mild signs of a rebound, currently back up to a market value of $2,745 and outpacing most altcoins to start the week. From a long-term perspective, ETH continues to move off of exchanges and into cold wallets at a shocking pace, with just 6.38% of the… <a href="https://t.co/4MTJgpOLDT">pic.twitter.com/4MTJgpOLDT</a>
&mdash; Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1891625787620577568?ref_src=twsrc%5Etfw">February 17, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Santiment responded to an X user&#8217;s question about the impact of Ethereum&#8217;s shrinking supply on its price action. While they acknowledged the positive effect, they emphasized that it should be viewed as a &#8220;long-term&#8221; metric.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Generally, yes. Because it decrease the probability of a major upcoming sell-off. But it should be considered a long-term metric, rather than one to react to on a swing trading basis. &#x1f44d;
&mdash; Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1891654021946966230?ref_src=twsrc%5Etfw">February 18, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Influential cryptocurrency expert and trader Ali Martinez noted a bearish crossover for the Moving Average Convergence Divergence indicator on Bitcoin's weekly chart. The analyst stated that this signal has historically preceded "significant price corrections" in the apex cryptocurrency.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The MACD just had a bearish crossover on the weekly chart, a signal that has historically preceded significant price corrections in <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a>! <a href="https://t.co/C1RiMygOEZ">pic.twitter.com/C1RiMygOEZ</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1891581886671298817?ref_src=twsrc%5Etfw">February 17, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Martinez also drew attention to the large sell-offs by Bitcoin miners over the past week, with over 2,000 BTCs getting offloaded.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> miners have offloaded over 2,000 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> in the past week! <a href="https://t.co/oFz2PfhyEA">pic.twitter.com/oFz2PfhyEA</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1891639264867385596?ref_src=twsrc%5Etfw">February 18, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo by CMP_NZ on Shutterstock
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</ul>

Bitcoin, Dogecoin Weak, Ethereum Rebounds Amid Muted Investor Sentiment: ETH Moving To Cold Wallets At 'Shocking Pace' A Positive For Price Action In The Long-Term

The cryptocurrency market was influenced by Bitcoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) stagnation last week, although certain coins staged remarkable gains.
What happened: CAKE, the token of the decentralized exchange PancakeSwap, topped the gainers&#8217; list, returning a massive 62% to its holders in the last week.
The BNB Chain (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/bnb/usd">BNB</a>)-based coin's growth was catalyzed by a sharp jump in trading volumes on PancakeSwap, worth over $27 billion over the last week, <a href="https://defillama.com/dexs">according </a>to DeFiLlama.
S, the native token of the high-speed blockchain platform Sonic, was the second-most successful coin, surging 33% over the week. Proof-of-work cryptocurrency Kaspa rallied over 25% to bag the third spot.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price</td>
</tr>
<tr>
<td>PancakeSwap (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/cake/usd">CAKE</a>)</td>
<td>+62.70%</td>
<td>$2.74</td>
</tr>
<tr>
<td>Sonic (S)</td>
<td>+33.56%</td>
<td>$0.5462</td>
</tr>
<tr>
<td>Kaspa (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">KAS</a>)</td>
<td>+25.98%</td>
<td>$0.1099</td>
</tr>
</tbody>
</table>
</figure>
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43721043/brian-armstrong-wants-to-handle-growing-volumes-of-memecoins-by-adding-dexes-into-coinbase-a-little-bit-like-the-early-days-of-the-internet">Brian Armstrong Wants To Handle Growing Volumes Of Memecoins By Adding DEXes Into Coinbase: &#8216;A Little Bit Like The Early Days Of The Internet&#8217;</a>
Blue-chip coins like Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) remained rangebound, gaining 0.98% and 0.81%, respectively.
XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>) clocked double-digit gains of 11.55%, while Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) grew 6.17%, following the <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43730035/does-this-sec-decision-mean-dogecoin-xrp-etfs-are-on-their-way">SEC's acknowledgment</a> of their respective Grayscale ETF applications.
Other meme coins like Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) traded flat, while President Donald Trump's Official Trump (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>) token lifted over 14%.
Overall, the total cryptocurrency market capitalization rose marginally by 0.9% over the week to $3.19 trillion.
Photo Courtesy: Akif CUBUK on Shutterstock.com
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/25/02/43719682/peter-schiff-says-gamestop-has-thrown-a-hail-mary-by-considering-bitcoin-investments-draws-parallels-with-michael-saylors-strategy">Gamestop&#8217;s Potential Bitcoin Move A &#8216;Hail Mary,&#8217; Says Peter Schiff —Crypto Themed On Company Rips 440%</a></li>
</ul>

$BNB

$CAKE

$KAS

$TRUMP

Bitcoin Was Muted, Dogecoin Spiked, But The Icing On The 'Cake' Last Week Was A 62% Rally In This Token

Leading cryptocurrencies slid on Sunday, as the market endured dwindling volume and volatility.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-1.34%</td>
<td>$96,387.98</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-1.23%</td>
<td>$2,669.97</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-2.39%</td>
<td>$0.2661</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin consolidated between $96,000 and $97,650, extending the sideways market trajectory since recovering from the <a href="https://in.benzinga.com/markets/cryptocurrency/25/02/43455908/dogecoin-regains-momentum-after-black-sunday-rout-heres-what-indicators-signal-about-the-memecoins-next-moves">‘Black Sunday'</a> crash. Ethereum dipped below $2,700, falling to an intraday low of $2,655.30. 
The two blue-chip assets witnessed a decline in 24-hour trading volumes, suggesting weak demand.
Cryptocurrency liquidations rose above $109 million in the last 24 hours, with long liquidations amounting to $78 million.
Over $300 million in short positions risked liquidation if Bitcoin rises to $100,000.
About 52% of Bitcoin derivatives traders were positioned short, according to the Long/Short Ratio, implying a further decline in prices.
Market sentiment remained "Neutral," according to the Crypto Fear &amp; Greed Index, indicating no clear dominance of either bullish or bearish forces.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:30 p.m. ET)</td>
</tr>
<tr>
<td>PancakeSwap (CAKE)</td>
<td>+4.90%</td>
<td>$2.82</td>
</tr>
<tr>
<td>Hyperliquid (HYPE)</td>
<td>+4.02%</td>
<td>$26.88</td>
</tr>
<tr>
<td>Sonic (S)</td>
<td>+3.38%</td>
<td>$0.5328</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $3.2 trillion, contracting 1.16% in the last 24 hours.
Stock futures were largely unchanged on Sunday evening. The Dow Jones Industrial Average Futures traded on the flatline at 7:39 p.m. EDT.&nbsp; Futures tied to the S&amp;P 500 rose 0.03%, while Nasdaq 100 Futures added 0.04%.
The New York Stock Exchange and Nasdaq will be closed for trading Monday in observance of the Presidents Day holiday, also known as Washington&#8217;s Birthday.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Cryptocurrency analyst CrypNuevo, who has a large following, forecasted a &#8220;nice&#8221; trading week and pointed out important levels of interest on Bitcoin&#8217;s chart.
"I do think that the upside liquidations will likely get hit fairly soon ($99,200) but would love to re-enter at the lower liquidations ($93,300) first.
The analyst also cautioned against longing the range lows "blindly" as he projected Bitcoin to dip further to $88,000 if it touched range lows of $91,000.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> Sunday update: We should have a nice trading week ahead thanks to a quiet economic calendar. Only remember that Monday is US Bank Holiday so could be a longer weekend. I mapped out the main levels and triggers for my own trading. Let me share them with you: &#x1f9f5;↓ (1/5): <a href="https://t.co/BdImZ7M7r7">pic.twitter.com/BdImZ7M7r7</a>
&mdash; CrypNuevo &#x1f528; (@CrypNuevo) <a href="https://twitter.com/CrypNuevo/status/1891274432611512340?ref_src=twsrc%5Etfw">February 16, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Influential cryptocurrency expert and trader Ali Martinez warned that if Ethereum failed to hold $2,570, the next "key" support level was at $2,200.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">If <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw">#Ethereum</a> <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> fails to hold $2,570, the next key support level to watch is $2,200. <a href="https://t.co/8OpnVfpyhs">pic.twitter.com/8OpnVfpyhs</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1891137458466681001?ref_src=twsrc%5Etfw">February 16, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo Courtesy: Shutterstock
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Bitcoin, Ethereum, Dogecoin Dip As Investors Seek Volatility Over A Dull Weekend: Analyst Thinks 'Blindly' Longing The BTC Range Lows May Not Be A Good Idea

The week was a rollercoaster ride in the world of cryptocurrencies. From GameStop-themed crypto rallying to a Trump-backed project bolstering Bitcoin and Ethereum, the crypto market was buzzing with activity. Here&#8217;s a quick round-up of the top stories.
GameStop-Themed Crypto Rallies
Cryptocurrencies themed on video game retailer GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) saw a significant surge, thanks to CEO Ryan Cohen&#8217;s picture with Strategy co-founder Michael Saylor. The Ethereum-based GameStop crypto soared nearly 50% in the last 24 hours, with its trading volume surging by 37% to $1.83 million.
<a href="https://www.benzinga.com/trading-ideas/movers/25/02/43614269/gamestop-themed-crypto-rallies-50-after-ryan-cohen-posts-intriguing-photo-with-bitcoin-bull-michael-saylor">Read the full article here.</a>
Trump-Backed Project Bolsters Bitcoin, Ethereum
World Liberty Financial, a cryptocurrency project backed by President Donald Trump, announced a strategic token reserve to support projects like Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>). The reserve aims to mitigate market volatility by diversifying holdings across tokenized assets.
<a href="https://www.benzinga.com/25/02/43646667/trump-backed-world-liberty-financial-unveils-strategic-token-reserve-to-bolster-bitcoin-ethereum">Read the full article here.</a>
Cathie Wood Backs Musk&#8217;s Blockchain Plan
Cathie Wood, the founder of asset management firm Ark Invest, supported Elon Musk&#8217;s idea of putting all U.S. government spending on blockchains for better transparency. Wood hailed the plan as a &#8220;win, win, win&#8221; for transparency, efficiency, and security.
<a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43613058/cathie-wood-says-doge-lead-elon-musks-plan-of-putting-the-treasury-on-blockchain-a-win-win-win-transparency-efficiency-security">Read the full article here.</a>
Meme Coins Could Make a Comeback
Prominent trader Unipcs believes meme coins could be on the verge of a comeback. He argued that the risk/reward ratio favors longs, as the biggest meme coins have already corrected 70-90% from their peaks just months ago.
<a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43734199/millionaire-trader-says-dogecoin-bonk-trump-memes-have-bottomed">Read the full article here.</a>
SEC Considers Dogecoin, XRP ETFs
The Securities and Exchange Commission has acknowledged Grayscale&#8217;s applications for spot Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) and XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>) ETFs. This move signals that the agency is open to considering the proposals, a shift from its previous tendency to dismiss similar applications for alternative cryptocurrencies.
<a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43730035/does-this-sec-decision-mean-dogecoin-xrp-etfs-are-on-their-way">Read the full article here.</a>
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</ul>
Photo courtesy: Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>

GameStop-Linked Crypto Soars, Trump-Backed Project Bolsters Bitcoin, And More: This Week In Crypto

The popularity of cryptocurrency-based casinos continues to surge, attracting players with fast transactions, enhanced privacy, and innovative gaming features. But where is interest in crypto gambling the highest in 2025? 
What Happened: A new study by the <a href="https://casinospotfr.com/casinos-en-ligne/">CasinoSpotFR</a> analyzed search query data and Google Trends to pinpoint the regions most engaged with crypto casinos and the key factors fueling this growth.
According to <a href="https://ahrefs.com/">Ahrefs</a>, the monthly search volume for &#8220;crypto casino&#8221; in major countries is as follows: the United States leads with 7,500 searches, followed by Germany with 4,200, the United Kingdom with 3,100, Canada with 1,800, and France with 1,500 searches. 
However, adjusting these figures based on population size presents a different perspective. Germany has the highest search rate per capita at 50 searches per million people, while the UK follows closely with 46.27, just ahead of Canada at 46.15. 
The U.S., despite its large overall search volume, ranks lower on a per capita basis with 22.66 searches per million, slightly above France at 22.06. This indicates that while the U.S. shows strong absolute interest, European nations demonstrate a greater concentration of searches per person.
The landscape of cryptocurrency casinos has evolved significantly over the past two years. Global search interest in crypto casinos has risen by approximately 20–30%, reflecting the sector&#8217;s growing appeal. While Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) remains the primary cryptocurrency for gambling, more platforms are now integrating Tether (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDT</a>), Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), and Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>) as viable payment options. 
Meanwhile, regulatory scrutiny has intensified, with some governments imposing stricter controls on crypto gambling. However, many players are adapting by utilizing VPNs and decentralized platforms to continue participating in online crypto gaming.
The data also highlights key differences in crypto casino interest worldwide. Germany and the UK display the strongest per-capita demand, indicating a thriving gaming culture despite regulatory challenges. Canada and France maintain steady engagement, while the U.S. dominates in absolute search volume. 
As legal landscapes shift, crypto gamblers are adjusting, relying on new payment methods and decentralized systems to sustain activity in the sector.
Crypto casinos have gained traction in financial markets, influencing major ETFs such as ProShares Bitcoin Strategy ETF and Amplify Transformational Data Sharing ETF, which reflect the sector's growing relevance in blockchain investment.
Image: Shutterstock

$USDT

BITO

BLOK

Germany and UK Show Highest Per-Capita Demand for Crypto Casinos

Cryptocurrency analyst&nbsp;Michaël van de Poppe&nbsp;has shared insights on potential trajectories&nbsp;for Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and altcoins&nbsp;in the coming months.
What Happened: Van de Poppe suggests two scenarios: one where Bitcoin peaks in late 2025 and altcoins surge in early 2026, following the typical four-year cycle influenced by Bitcoin halving events.
The second scenario, according to Van de Poppe, involves even larger rallies for cryptocurrencies, driven by rising equity prices and policies from&nbsp;President Donald Trump.
"The S&amp;P is going to copy-paste the last four years of the dotcom bubble with four years of 20% returns or more which is a very rare case and which is basically designing the entire bubble that was happening in the dotcom bubble and might be the case again with AI and blockchain," he explained.
He predicts that the S&amp;P index could mimic the dotcom bubble&#8217;s returns, potentially leading Bitcoin to reach $1 million and altcoins to experience extreme valuations.
"If the S&amp;P is going to do that, Bitcoin is going to be the beta play on top of that where Trump is going to fuel that entire run where Bitcoin goes to a $1 million and altcoins can go completely wild with irrational valuations."
Van de Poppe warns of a significant market correction following these events, suggesting a shift in macroeconomic conditions.
He emphasizes that this cycle might have started late for altcoins, marking&nbsp;the longest bear market in&nbsp;their history.
Why It Matters: On Friday, Bitcoin, Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), XRP ((CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>), and Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) posted gains, indicating strong market activity.
A&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43746357/bitcoin-ethereum-xrp-dogecoin-rally-trader-predicts-weekend-pullback-before-push-to-103000">recent report</a>&nbsp;highlighted predictions of a weekend pullback before a potential push to $103,000 for Bitcoin.
Additionally, there is growing speculation around the approval of a Dogecoin ETF in 2025. Betting markets, as per&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43742669/a-dogecoin-etf-approval-in-2025-is-becoming-increasingly-likely-polymarket-traders-speculate">Polymarket data</a>, show a 74% chance of approval by the end of 2025, reflecting increased optimism since President Trump&#8217;s inauguration.
Moreover,&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43723429/arthur-hayes-says-trump-coin-will-lead-bitcoin-if-market-sentiment-turns-favorable-calls-memecoin-purest-and-most-honest-popularity-metric">Arthur Hayes</a>, co-founder of BitMEX, has suggested that a positive shift in market sentiment could propel the Trump coin ahead of Bitcoin.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/tech/25/02/43578110/while-elon-musk-has-been-at-the-center-of-trumps-presidency-in-the-first-three-weeks-data-shows-his-rivals-jeff-bezos-mark-zuckerberg-and-others-benefited-more-since-the-inauguration-here" target="_blank" rel="noreferrer noopener">While Elon Musk Has Been At The Center Of Trump's Presidency In The First Three Weeks, Data Shows His Rivals Jeff Bezos, Mark Zuckerberg And Others Benefited More Since The Inauguration: Here's More</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Politics

Bitcoin, Altcoin Set To Rise With 'Irrational Valuations,' According To Crypto Analyst, But A 'Big' Crisis Looms Afterwards

Renowned economist Peter Schiff criticized video game retailer GameStop Corp.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) potential move to invest in Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) on Thursday, likening it to a desperate attempt to gain relevance.
What Happened: Schiff said the company, which he believed lacked a &#8220;viable&#8221; business plan, had &#8220;thrown another Hail Mary&#8221; by considering adding Bitcoin to its reserves.
&#8220;The&nbsp;irony is that Bitcoin is&nbsp;even more overpriced than GME,&#8221; Schiff&#8217;s X post read. 
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<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">GameStop, a company with no viable business plan, has thrown another Hail Mary by announcing that it might use its cash to buy Bitcoin. The irony is that Bitcoin is even more overpriced than GME. No matter; speculators are buying the stock anyway, hoping it becomes another MSTR.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1890166114677895302?ref_src=twsrc%5Etfw">February 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
He compared GameStop&#8217;s plans to Michael Saylor&#8217;s Bitcoin Treasury company Strategy, which has <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43596456/strategy-acquires-7633-bitcoin-for-742-4-million-boosts-holdings-to-478740-btc">spearheaded corporate Bitcoin adoption</a> in the last few months. &#8220;No matter; speculators are buying the stock anyway, hoping it becomes another MSTR.&#8221;
Schiff has been a vocal critic of MicroStrategy and called it a<a href="https://www.benzinga.com/24/11/42237876/peter-schiff-predicts-microstrategys-bankruptcy-due-to-bitcoin-investment-strategy"> &#8220;great short&#8221;</a> previously. 
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43682382/robinhood-ceo-vlad-tenev-reveals-what-hes-most-excited-about-as-crypto-revenue-skyrockets-8x-stock-surges-15-after-hours">Robinhood CEO Vlad Tenev Reveals What He&#8217;s &#8216;Most Excited&#8217; About As Crypto Revenue Skyrockets 8X, Stock Surges 15% After Hours</a>
Why It Matters: Schiff&#8217;s comments come <a href="https://www.benzinga.com/general/gaming/25/02/43715293/gamestop-stock-jumps-on-report-its-considering-bitcoin-crypto-investments">in the wake of reports</a> that&nbsp;GameStop is mulling adding Bitcoin and other cryptocurrencies to its reserves. The company recently changed its rules on its cash balance, giving CEO Ryan Cohen control over trading the company&#8217;s cash balance into stocks and cryptocurrencies.
The speculations were boosted when <a href="https://www.benzinga.com/trading-ideas/movers/25/02/43614269/gamestop-themed-crypto-rallies-50-after-ryan-cohen-posts-intriguing-photo-with-bitcoin-bull-michael-saylor">Cohen shared a photo with Saylor</a>—an outspoken advocate of including Bitcoin on the balance sheets of companies.
GameStop reported <a href="https://www.benzinga.com/general/gaming/24/12/42425015/gamestop-q3-earnings-revenue-miss-4b-cash-no-more-offerings-planned-in-fiscal-year">a decline in its</a> hardware, software, and collectibles sales revenue in the third quarter.
Price Action: Shares of GameStop soared 7.46% in after-hours trading, after closing 1.35% higher at $26.34 during Thursday&#8217;s trading session, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.&nbsp;
Moreover, meme coins themed on the company rallied in the last 24 hours. BNB Chain (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/bnb/usd">BNB</a>)-based GameStop Coin (GME) was up 440%, while another Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)-based coin ripped 21%. 
It&#8217;s worth noting that these coins aren't directly tied to GameStop but rather seek to capitalize on the hype surrounding the meme stock.
Image via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43674050/us-releases-russian-bitcoin-exchange-co-founder-alexander-vinnik-in-prisoner-deal-with-moscow">US Releases Russian Bitcoin Exchange Co-Founder Alexander Vinnik In Prisoner Deal With Moscow</a></li>
</ul>

Gamestop's Potential Bitcoin Move A 'Hail Mary,' Says Peter Schiff —Crypto Themed On Company Rips 440%

Leading cryptocurrencies traded flat Thursday amid President Donald Trump's announcement of "reciprocal tariffs" and yet another hotter inflation data.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:45 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-0.93%</td>
<td>$96,702.26</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-1.78%</td>
<td>$2,672.73</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+0.60%</td>
<td>$0.2649</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin hit an intraday low of $95,269.71, following Wednesday's move above $98,000, as the apex cryptocurrency's wait to reclaim $100,000 gets longer.
Ethereum fell to a low of $2,615.67 in the afternoon before gradually reaching the upper reaches of $2,600 in the evening.&nbsp;
Cryptocurrency liquidations rose above $175 million in the last 24 hours, with $120 million in upside bets erased.
That said, if Bitcoin reclaims the $100,000 level, nearly $530 million in short positions will be wiped out.
Bitcoin's Open Interest fell by 1.33% in the last 24 hours, while long exposure remained lower than short exposure, according to the Long/Short Ratio.
Market sentiment remained in the "Neutral" zone, according to the Crypto Fear &amp; Greed Index, signaling a state of balance between bulls and bears.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:45 p.m. ET)</td>
</tr>
<tr>
<td>Kaspa (KAS)</td>
<td>+4.58%</td>
<td>$0.1015</td>
</tr>
<tr>
<td>XRP (XRP)</td>
<td>+4.15%</td>
<td>$2.56</td>
</tr>
<tr>
<td>Official Trump (TRUMP)</td>
<td>+3.74%</td>
<td>$15.92</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $3.2 trillion, contracting 0.91% in the last 24 hours.
Stocks rebounded strongly on Thursday. The Dow Jones Industrial Average jumped 342.87 points, or 0.77%, to close at 44,711.43. The S&amp;P 500 lifted 1.04% to 6,115.07, while the tech-heavy Nasdaq Composite gained 1.50%, ending at 19,945.64
Investors digested Trump's announcement of <a href="https://www.benzinga.com/government/regulations/25/02/43711974/trump-launches-plan-for-reciprocal-tariffs-sp-500-nears-record-highs-dollar-tumbles-as-investors-cheer-on-late-kickoff">"reciprocal tariffs</a>," aiming to mirror duties imposed by other nations on U.S. exports. The move was largely anticipated given Trump&#8217;s hints the previous week.
Meanwhile, the producer price index report came in <a href="https://www.benzinga.com/economics/macro-economic-events/25/02/43692996/inflation-fears-mount-as-producer-prices-soar-to-35-put-fed-interest-rate-cut-on-ice">hotter-than-expected</a>, following a similarly stronger-than-expected Consumer Price Index report a day before.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Popular cryptocurrency analyst and trader Ali Martinez projected Ethereum's "potential breakout" to $3,200 or $4,000 if the second-largest cryptocurrency holds steady above $2,600.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">If <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw">#Ethereum</a> <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> continues holding firm above $2,600, it could set the stage for a potential breakout to $3,200 or $4,000! <a href="https://t.co/1n1TwCt94m">pic.twitter.com/1n1TwCt94m</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1890169580653264905?ref_src=twsrc%5Etfw">February 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Meanwhile, widely followed cryptocurrency investor Daan Crypto Trades sounded pessimistic owing to Bitcoin's rangebound action.
"Messy range with a lot of undecisiveness," the trader said. "No clear trend, currently in no man&#8217;s land. No need to waste your energy trading this."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> Messy range with a lot of undecisiveness. The sentiment probably went from &quot;We&#39;re back&quot; to &quot;It&#39;s over&quot; like 20 times in this range. No clear trend, currently in no man&#39;s land. No need to waste your energy trading this. <a href="https://t.co/ylH2GsDNH3">pic.twitter.com/ylH2GsDNH3</a>
&mdash; Daan Crypto Trades (@DaanCrypto) <a href="https://twitter.com/DaanCrypto/status/1890144666965758212?ref_src=twsrc%5Etfw">February 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo by CMP_NZ on Shutterstock
Read Next:    
<ul>
<li><a href="https://www.benzinga.com/general/gaming/25/02/43715293/gamestop-stock-jumps-on-report-its-considering-bitcoin-crypto-investments">GameStop Stock Jumps On Report It&#8217;s Considering Bitcoin, Crypto Investments</a></li>
</ul>

Bitcoin, Ethereum, Dogecoin Flat Amid 'Reciprocal Tariffs' Talk By Trump: Why This Analyst Said BTC Was In 'No Man's Land'

Coincheck Group N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNCK#NASDAQ">CNCK</a>), the holding company of leading Japanese cryptocurrency exchange Coincheck, reported a 75% jump in revenue for the fiscal third quarter on Wednesday.&nbsp;
What happened: The company's quarterly revenue soared to $785 million, up from $448 million disclosed in the second quarter, according to a press release.
The trading volume more than doubled to $785 million quarter-over-quarter, while customer assets increased by 72% to $6.9 billion.&nbsp;
That said, Coincheck recorded a loss of $98 million during the quarter, driven by sales expenses.
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/25/02/43584910/man-who-accidentally-lost-his-775-million-bitcoin-stash-expresses-desire-to-buy-the-landfill-site">Man Whose $775 Million Bitcoin Fortune Lies Buried In A Landfill Now Wants To Buy The Trash Heap</a>
The Tokyo-headquartered firm merged with Thunder Bridge Capital Partners IV in December to become a Nasdaq-listed company.&nbsp;It is one of the few companies on Wall Street with cryptocurrency trading as its core business.
Coincheck is one of Japan&#8217;s biggest cryptocurrency exchanges, supporting premium assets like Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>).
Price Action: Shares of Coincheck tumbled 7% to close at $7.030 during Wednesday&#8217;s regular trading session, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>. 
Photo Courtesy: Piotr Swat on Shutterstock.com
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43581896/analyst-who-nailed-2021-crypto-collapse-now-says-worst-of-bitcoin-could-come-in-next-few-weeks">Analyst Who Nailed 2021 Crypto Collapse Now Says Worst Of Bitcoin Could Come In Next Few Weeks</a></li>
</ul>

CNCK

Nasdaq-Listed Crypto Exchange Coincheck Reports Loss Of $98 Million In Q3, Shares Tumble 7%

Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) reported a more than fivefold jump in cryptocurrency volumes in the fourth quarter.
What happened: The trading platform released its quarterly <a href="https://in.benzinga.com/news/earnings/25/02/43676276/robinhood-q4-earnings-highlights-record-revenue-eps-beat-analyst-estimates-crypto-revenue-up-700">financials </a>after Wednesday's market close and disclosed a cryptocurrency notional trading volume of $71 billion, up 400% year-over-year.
The volume surge helped boost cryptocurrency-related revenue to $358 million, marking a massive 700% jump from the last year. For context, this represented over half of the firm&#8217;s total transaction-based revenue for the quarter.
Robinhood also reported an 88% jump in assets under custody year-over-year, driven by high equity and cryptocurrency valuations.
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/25/02/43584910/man-who-accidentally-lost-his-775-million-bitcoin-stash-expresses-desire-to-buy-the-landfill-site">Man Whose $775 Million Bitcoin Fortune Lies Buried In A Landfill Now Wants To Buy The Trash Heap</a>
The company&#8217;s cryptocurrency arm, Robinhood Crypto, allows users to trade in popular coins such as Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>), and others.
Robinhood CEO Vlad Tenev stated that the company was committed to adding more cryptocurrency tokens to the platform, and the process would "accelerate" amid growing regulatory clarity.
Tenev said the one area he is&nbsp; "most excited about" is <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43294972/robinhood-ceo-vlad-tenev-pushes-for-tokenization-to-unlock-private-companies-like-spacex-and-openai-for-more-investors">asset tokenization</a>.&nbsp;
"Equities, private investments, and more should be brought on the cryptocurrency technology to unleash the true power of the cryptocurrency revolution," the top executive said.
Price Action: Shares of Robinhood soared 15.3% in after-hours trading after closing 4.82% higher at $55.91 during Wednesday's trading session.
The stock has a <a href="https://www.benzinga.com/quote/HOOD/analyst-ratings">consensus price target </a>of $44.63 based on 17 analyst ratings. The high of $65 was issued by Mizuho on Feb. 7, while the low of  $11 was issued by Barclays on Feb. 14, 2024.
Image via Shutterstock
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</ul>

HOOD

Robinhood CEO Vlad Tenev Reveals What He's 'Most Excited' About As Crypto Revenue Skyrockets 8X, Stock Surges 15% After Hours

Press Releases

General

World's Lowest Fee Bitcoin and Ether ETPs (Ticker: BTC, Ticker: ETH) Garner $750,000,000 Inflows in First Three Months of Trading

Dividends

Grayscale Investments® Announces Intention to Effect Reverse Share Splits for Grayscale® Bitcoin Mini Trust ETF (Ticker: BTC) and Grayscale® Ethereum Mini Trust ETF (Ticker: ETH)

Grayscale Investments® Announces Completion of Reverse Share Splits for Grayscale® Bitcoin Mini Trust ETF (Ticker: BTC) and Grayscale® Ethereum Mini Trust ETF (Ticker: ETH)

Common units of fractional undivided beneficial interest

금융 공시에 따르면 새로 확정된 연방수사국(FBI) 국장인 캐시 파텔(Kash Patel)은 비트코인(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) 투자에 상당한 노출을 가지고 있다.
무슨 일 있었나: 캐시 파텔은 Grayscale Bitcoin Trust ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBTC#NYSE">GBTC</a>)에 50,001달러~100,000달러, 그 &#8216;스핀오프&#8217; 격인 Grayscale Bitcoin Mini Trust ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTC#NYSE">BTC</a>)에 최대 15,000달러를 보유하고 있다고 보고했다.
또한, 그는 주요 비트코인 채굴 회사인 코어 사이언티픽(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORZ#NASDAQ">CORZ</a>)의 지분을 50,001~100,000달러 보유하고 있었다.
왜 중요한가: 이러한 공개는 도널드 트럼프 행정부의 고위 관리들이 암호화폐에 관여하고 있다는 최신 증거로 볼 수 있다.
상당한 양의 이더리움(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)을 보유하고 있는 대통령 외에도 스콧 베센트 <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42936887/trumps-treasury-pick-scott-bessent-reveals-up-to-500000-bitcoin-stake-via-blackrocks-etf" target="_blank" rel="noopener">재무장관</a>, 로버트 F. 케네디 주니어 보건장관, 하워드 러트닉 <a href="https://www.benzinga.com/general/market-summary/25/02/43809086/us-commerce-secretary-howard-lutnicks-cantor-fitzgerald-increases-bitcoin-exposure-via-etfs-mstr-mara-adds-chinese-firms-like-baba-baidu-jd-in-q4" target="_blank" rel="noopener">상무장관</a> 등이 디지털 자산에 투자했다.
목요일(20알) 상원에서 FBI 국장으로 확정된 파텔은 2019년 국가안보위원회에서 트럼프 대통령을 위해 일한 바 있다. 또한 바이든 행정부의 국방부 인수 작업에도 참여했다.
한편, 파텔은 트럼프가 공동 설립한 트럼프 미디어 앤 테크놀로지 그룹의 이사로 <a href="https://www.benzinga.com/politics/24/12/42278429/trump-fbi-pick-kash-patels-wealth-has-grown-from-trump-media-board-position-consulting-deal-and-trump-themed-childrens-books" target="_blank" rel="noopener">재직</a>했으며 FBI 국장을 맡기 전에 그 직책을 그만두겠다고 밝혔다.
가격 움직임: <a href=""https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.."">벤징가 프로 데이터에</a> 따르면 글을 쓰는 시점에 비트코인은 지난 24시간 동안 1.16% 상승한 98,300.91달러에 거래되고 있다.
사진 출처: Shutterstock

수요일(19일) 도널드 트럼프 대통령이 미국을 "암호화폐의 수도"로 만들겠다는 의지를 거듭 밝히면서 주요 암호화폐가 상승했다.



<figure class="wp-block-table"><table style="overflow:auto; height: 90px; display: block;"><tbody><tr><td>암호화폐</td><td>변동 +/-</td><td>가격 (동부표준시 오후 8시 30분 기준)</td></tr><tr><td>비트코인 (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>+1.58%</td><td>$96,689.24</td></tr><tr><td>이더리움 (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)               </td><td>+2.13%</td><td>$2,716.15</td></tr><tr><td>도지코인 (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)     </td><td>+1.90%</td><td>$0.2546</td></tr></tbody></table></figure>



무슨 일 있었나: 마이애미 컨퍼런스에서 트럼프가 <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43836911/trump-reiterates-resolve-to-make-us-the-crypto-capital-critic-labels-idea-of-bitcoin-reser">암호화폐 산업에 대해 긍정적인 발언</a>을 한 가운데 비트코인은 96,900달러를 넘어섰고 이더리움은 밤사이 2,700달러대에 재진입했다.



비트코인의 점유율은 60% 이상을 유지했고, 이더리움은 10%의 시장 점유율을 기록했다.



이번 랠리로 7,500만 달러 이상의 약세 베팅이 사라지면서 지난 24시간 동안 암호화폐 청산액은 1억 3,269만 달러를 기록했다.



흥미롭게도 비트코인의 미결제약정은 0.28% 하락했다. 가격 상승과 함께 미결제약정이 감소한 것은 숏 포지션이 커버링을하고 있음을 나타낸다.



비트코인의 롱/숏 비율은 1 이상으로 상승했으며, 이는 대부분의 트레이더가 주요 암호화폐에 상승 베팅을 하고 있음을 의미한다.



암호화폐 공포·탐욕 지수에 따르면 시장 심리가 &#8216;공포&#8217;에서 &#8216;중립&#8217;으로 전환되어 매수 압력이 증가할 가능성이 있음을 시사했다.



상위 상승 암호화페 (24시간 기준)



<figure class="wp-block-table"><table style="overflow:auto; height: 90px; display: block;"><tbody><tr><td>암호화폐</td><td>변동 +/-</td><td>가격 (동부표준시 오후 8시 30분 기준)</td></tr><tr><td>Story&nbsp;(IP)</td><td>+37.22%</td><td>$2.76</td></tr><tr><td>Sonic&nbsp;(S)</td><td>+19.75%</td><td>$0.7112</td></tr><tr><td>Aptos&nbsp;(APT)</td><td>+14.35%</td><td>$6.42</td></tr></tbody></table></figure>



전 세계 암호화폐 시가총액은 지난 24시간 동안 2.17% 상승한 3조 1,900억 달러를 기록했다.



한편, 수요일 미국 증시는 최고치를 경신했다. S&amp;P 500 지수는 0.24% 상승하여 사상 최고치인 6,144.15포인트로 마감했다. 다우존스 산업평균지수는 71.25포인트(0.16%) 상승한 44,627.59포인트, 기술주 중심의 나스닥 종합지수는 0.07% 상승한 20,056.25포인트에 마감했다.



투자자들은 추가 금리인하를 고려하기 전에 "신중한 접근"을 선호하는 연준 위원들의 의견이 담긴 <a href="https://www.benzinga.com/25/02/43829352/fomc-minutes">최신 연준 FOMC 회의록</a>을 분석했다.



애널리스트 메모: 선도적인 온체인 분석업체 크립토퀀트(CryptoQuant)는 미국 암호화폐 현물 ETF로의 일일 유입이 둔화되고 있다고 지적했다.



그는 기관의 관심 감소를 지적하며 이렇게 말했다. "미국 ETF 매수세는 11월 초 +$18,000에서 현재 -$1,000로 떨어졌다. 이 수준에서 비트코인 랠리는 기대하기 어렵다.&#8221; 



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">ETF activity is slowing. US ETF buys dropped from +18K in early November to -1K today. Bitcoin rallies are unlikely at these levels. <a href="https://t.co/wAxPLY9KSF">pic.twitter.com/wAxPLY9KSF</a>&mdash; CryptoQuant.com (@cryptoquant_com) <a href="https://twitter.com/cryptoquant_com/status/1892260963698585629?ref_src=twsrc%5Etfw">February 19, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



유명 암호화폐 애널리스트이자 트레이더인 렉트 캐피털은 비트코인이 97,700달러를 재차 테스트하는 과정에서 어려움을 겪고 있는 것에 주목했다. 그는 비트코인이 96,000달러대를 성공적으로 유지하며 "강세 다이버전스의 초기 징후"를 보이고 있다고 언급했다.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> Bitcoin hasn&#39;t been able to Daily Close &amp; retest ~$97700 (light blue) which has meant that BTC has needed to find support at the blue trendline again<a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> continues to successfully hold the blue diagonal, while showcasing early signs of a Bullish Divergence <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://t.co/ZfOTFwR9zy">https://t.co/ZfOTFwR9zy</a> <a href="https://t.co/TkpguSW6BB">pic.twitter.com/TkpguSW6BB</a>&mdash; Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1892200600688893985?ref_src=twsrc%5Etfw">February 19, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



사진: SvetlanaParnikova on Shutterstock



다른 트레이더들보다 30분 일찍 시장 움직임에 대한 독점 뉴스를 받아보세요.



Benzinga Pro의 독점 뉴스를 통해 수백만 명의 다른 트레이더보다 더 빠르게 유용한 투자 뉴스를 확인할 수 있습니다. <a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.
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화요일(18일) 반에크의 디지털 자산 연구 책임자인 매튜 시겔은 사토시 나카모토의 미스터리에 새로운 반전을 더하며 기술 거물인 잭 도시가 비트코인(CRYPTO:<a href="https://www.benzinga.com/quote/btc-usd">BTC</a>) 창시자라고 주장했다.



무슨 일 있었나: 매튜 시겔은 소셜미디어 플랫폼 엑스(X)에서 잭 도시가 사토시 나카모토라는 의견은 반에크를 대표하는 것이 아니라 자신의 개인적인 의견이라고 해명했다. 



그는 트위터(현 X)와 블록의 설립자인 잭 도시와 비트코인 창시자 사토시 나카모토를 연결하는 증거로 기술적 유사점, 정황적 연관성, 패턴, 기묘한 우연, 동기, 능력의 조합을 꼽았다.



시겔은 이 연결고리를 입증하기 위해 깊이 파고든 연구 결과를 공유했다. &#8216;핵심&#8217; 증거로는 사토시의 허위 주장에 대한 <a href="https://www.benzinga.com/markets/cryptocurrency/21/04/20601996/why-jack-dorseys-co-founded-crypto-patent-alliance-sues-self-proclaimed-bitcoin-creator">법적 방어 자금을 지원</a>한 점, 암호화폐와 익명 신원에 대한 <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39928555/if-you-invested-1000-in-bitcoin-when-jack-dorsey-endorsed-it-as-internets-native-currency-">관심을 표명</a>한 점, 비트코인 초기에 오프라인 상태였던 점, 심지어 초기 비트코인 거래에서 코드화되었다고 시겔이 주장한 미국 조폐국 인근 거주지 등이 있다.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">In the spirit of full disclosure, intellectual honesty, posterity&#39;s judgment, and rigorous debate, I would like to share my strong belief: I have become personally convinced that Jack Dorsey – CEO of Square and founder of X – is Bitcoin's founder Satoshi Nakamoto. This is my… <a href="https://t.co/ufLhdoZEzw">https://t.co/ufLhdoZEzw</a> <a href="https://t.co/kY5y3fFpby">pic.twitter.com/kY5y3fFpby</a>&mdash; matthew sigel, recovering CFA (@matthew_sigel) <a href="https://twitter.com/matthew_sigel/status/1891852538376487327?ref_src=twsrc%5Etfw">February 18, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



시겔은 "잭이 정말 사토시라면 자신의 안전을 보호하고, 승계 및 상속 계획을 알리고, 비트코인의 탈중앙화 정신에 부합하는 보증을 제공할 수 있는 기회"라며 명확성을 통해 비트코인 투자 사례를 강화할 수 있다고 덧붙였다. 



잭 도시는 벤징가의 논평 요청에 즉시 응답하지 않았다.



왜 중요한가: 잭 도시는 비트코인에 대한 낙관적인 예측을 내놓으며 비트코인을 적극 지지해왔다. 작년에 그는 비트코인이 <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38754464/jack-dorsey-predicts-bitcoin-price-to-hit-at-least-1m-by-2030-hits-that-number-and-goes-be">2030년까지 최소 100만 달러에 도달</a>할 것이라고 예측했다.



흥미롭게도 잭 도시는 아프리카 비트코인 컨퍼런스에 <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42407035/block-ceo-jack-dorsey-sports-cryptic-satoshi-t-shirt-at-africa-bitcoin-conference">암호화된 &#8216;사토시&#8217; 티셔츠를 입고</a> 등장하여 비트코인 창시자와의 관계에 대한 추측을 더욱 부추겼다. 2020년 렉스 프리드먼과의 <a href="https://www.youtube.com/watch?v=60KJz1BVTyU">인터뷰에서</a> 잭 도시는 "만약 내가 사토시 나카모토라면 말하겠다"며 자신이 사토시 나카모토라는 사실을 전면 부인한 바 있다.



사토시 나카모토의 정체는 비트코인 코어 개발자 피터 토드(Peter Todd), 렌 사사만(Len Sassaman), 닉 자보(Nick Szabo) 등 <a href=""https://www.benzinga.com/markets/cryptocurrency/24/10/41242615/peter-todd-is-satoshi-nakamoto-bitcoin-core-developer-denies-hbo-documentary-claims-im-not"">다양한 인물이 연관</a>되어 있는 것으로 알려지면서 격렬한 추측의 대상이 되어왔다. 



사진: Frederic Legrand – COMEO on Shutterstock



Benzinga Pro의 독점 뉴스 및 도구로 수익률을 높이세요.



독점 속보 및 스캐너와 같은 Benzinga Pro의 강력한 도구 세트로 다른 트레이더보다 우위를 점하세요. <a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.
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화요일(18일) 미국 증시는 상승했지만 주요 암호화폐는 하락했다.



<figure class="wp-block-table"><table style="overflow:auto; height: 90px; display: block;"><tbody><tr><td>암호화폐</td><td>변동률 +/-</td><td>가격 (동부표준시 오후 7시 45분 기준)</td></tr><tr><td>비트코인 (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>-0.14%</td><td>$95,525.86</td></tr><tr><td>이더리움 (CRYPTO:<a href="https://www.benzinga.com/quote/eth-usd" target="_blank" rel="noreferrer noopener"></a><a href="https://www.benzinga.com/quote/eth-usd" target="_blank" rel="noreferrer noopener"></a><a href="https://www.benzinga.com/quote/eth-usd" target="_blank" rel="noreferrer noopener">ETH</a>)</td><td>-1.96%</td><td>$2,674.93</td></tr><tr><td>도지코인 (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)        </td><td>-2.19%</td><td>$0.2515</td></tr></tbody></table></figure>



무슨 일 있었나: 비트코인은 2주 만에 최저치인 93,388.83달러로 급락하면서 가격 범위 패턴을 깨뜨렸다. 이더리움은 장중 최저치인 2,606.90달러까지 하락한 후 저녁 늦게 손실을 만회했다. 비트코인의 지배력은 60% 이상으로 상승했고, 이더리움은 암호화폐 시장의 10.3%를 차지했다.



지난 24시간 동안 암호화폐 청산이 3억 4,495만 달러로 급증했고, 상승 베팅에서 2억 7,800만 달러 이상이 사라졌다.



비트코인의 미결제약정은 1.12% 증가했다. 미결제약정의 증가는 가격 하락과 동시에 발생했는데, 이는 새로운 공매도 포지션의 개설을 의미한다.



그러나 비트코인이 10만 달러를 회복한다면 8억 달러 이상의 숏 포지션이 청산될 것이다.



암호화폐 공포·탐욕 지수에 따르면 시장 심리가 &#8216;공포&#8217; 영역으로 전환되어 숏 포지션이 증가할 가능성이 있다. 



상위 상승 암호화폐 (24시간)



<figure class="wp-block-table"><table style="overflow:auto; height: 90px; display: block;"><tbody><tr><td>암호화폐</td><td>변동률 +/-</td><td>가격 (동부표준시 오후 7시 45분 기준)</td></tr><tr><td>Maker&nbsp;(MKR)</td><td>+9.72%</td><td>$1,416.27</td></tr><tr><td>Litecoin&nbsp;(LTC)</td><td>+7.94%</td><td>$131.74</td></tr><tr><td>Bittensor&nbsp;(TAO)</td><td>+5.61%</td><td>$377.66</td></tr></tbody></table></figure>



글로벌 암호화폐 시장 시가총액은 3조 1,400억 달러로, 지난 24시간 동안 0.90% 하락했다.



한편, 미국 증시는 주초 첫 거래일에 급등했다. S&amp;P 500 지수는 0.24% 상승하여 6,129.58포인트로 마감하며 사상 최고치를 기록했다. 다우존스 산업평균지수는 비교적 소폭 상승하여 10.26포인트(0.02%)가 상승한 44,556.34포인트로 마감했다. 기술주 중심의 나스닥 종합지수는 0.07% 상승하여 20,041.26포인트로 마감했다.



연준은 수요일(19일)에 지난달 FOMC 회의록을 공개하여 투자자들이 <a href="https://www.benzinga.com/25/02/43668443/powell-to-congress-fed-is-not-there-yet-on-inflation-cpi-was-above-every-forecast-us-debt-path-is-unsustainable">연준의 금리 관련 입장</a>을 더 잘 이해할 수 있도록 도울 것이다. 애널리스트 메모: 선도적인 온체인 분석 회사인 산티먼트(Santiment)는 이더리움 네트워크의 평균 수수료가 급격히 감소했다고 언급하면서, 이를 중장기적인 가격 전망에 대한 "좋은 징조"라고 설명했다. "매우 높은 수수료가 때로는 트레이더를 밀어내거나 단기적인 조정을 유발할 수 있는 것처럼, 매우 낮은 수수료(현재 우리가 목격하고 있는 것처럼)는 종종 사용자를 다시 유인하고 네트워크의 유용성을 번영하는 수준으로 끌어올릴 수 있다.&#8221;



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x1f4b8; The average fee of an Ethereum transfer currently sits at just $0.41, in contrast to the $15.21 high point of the past 2 years. When Ethereum transaction fees are low, it usually means the network is not overly crowded. When users are not paying high prices to move their ETH… <a href="https://t.co/G22qd3eTl8">pic.twitter.com/G22qd3eTl8</a>&mdash; Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1892012106972577997?ref_src=twsrc%5Etfw">February 19, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



잘 알려진 암호화폐 전문가이자 트레이더인 알리 마르티네즈(Ali Martinez)는 비트코인 가격 차트에서 관심 수준을 강조했다.



"비트코인은 97,000달러에서 188만 BTC의 공급 장벽에 직면해 있으며, 94,500달러의 지지선은 695,000 BTC에 불과하다. 이러한 불균형은 다음 움직임에 중요한 역할을 할 수 있다.&#8221;



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> faces a supply wall of 1.88 million <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> at $97,000, while support at $94,500 is backed by just 695,000 <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a>. This imbalance could play a key role in the next move! <a href="https://t.co/WVznb1c1RE">pic.twitter.com/WVznb1c1RE</a>&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1891830021855248654?ref_src=twsrc%5Etfw">February 18, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



사진: Avi Rozen on Shutterstock



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TSX:TAO

미국 증시 상승 속 비트코인·이더리움·도지코인 하락

비트코인(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)과 이더리움(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) 현물 <a href="https://www.benzinga.com/etfs" target="_blank" rel="noopener">ETF</a>는 지난 4일 동안 각각 32억 6천만 달러와 7,443만 달러의 유입을 기록했다. 이러한 급격한 유입은 도널드 트럼프 대통령이 취임 연설에서 암호화폐 언급을 생략한 이후 암호화폐 시장의 변동성이 커졌음에도 불구하고 발생했다.
소소밸류(Sosovalue) 데이터에 따르면 기록적인 ETF로의 자금 유입은 1월 17일에 발생했다. 약 10억 8천만 달러가 다양한 비트코인 펀드로 유입되었다. 또한 1월 21일에는 8억 2,250만 달러가 유입되었다.
<h3 class="wp-block-heading">비트코인 ETF</h3>
<ul>
<li>블랙록의 iShares Bitcoin Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>): 최대 순 유입액 6억 6,186만 달러 기록</li>
<li>그레이스케일의 Bitcoin Mini Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTC#NYSE">BTC</a>): 1억 3,639만 달러 유입</li>
<li>ARK 21Shares Bitcoin ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKB#NYSE">ARKB</a>): 851만 달러 유입</li>
<li>Fidelity Wise Origin Bitcoin Fund (BATS:<a class="ticker" href="https://www.benzinga.com/stock/FBTC#BATS">FBTC</a>): 697만 달러 유입</li>
</ul>
이러한 추세와는 다르게 Bitwise의 Bitcoin ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BITB#NYSE">BITB</a>)에서는 이날 1,741만 달러의 자금이 유출되었다.
비트코인 현물 ETF는 총 1,359억 달러의 순자산 가치를 관리하고 있으며, 비트코인 전체 시장 가치의 약 5.88%에 해당하는 금액이다.
<h3 class="wp-block-heading">이더리움 ETF</h3>
<ul>
<li>블랙록의 iShares Ethereum Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETHA#NASDAQ">ETHA</a>): 최대 순 유입액 5,631만 달러 기록</li>
<li>그레이스케일의 Ethereum Mini Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETH#NYSE">ETH</a>): 1,249만 달러 유입</li>
<li>VanEck Ethereum ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ETHV#BATS">ETHV</a>): 365만 달러 유입</li>
<li>Fidelity의 Ethereum Fund (BATS:<a class="ticker" href="https://www.benzinga.com/stock/FETH#BATS">FETH</a>): 332만 달러 유입</li>
</ul>
현재 9개의 이더리움 현물 ETF가 120억 7천만 달러의 자산을 관리하고 있으며, 이는 이더리움 시가총액의 약 3%에 해당한다.
트럼프 대통령이 취임 연설에서 암호화폐에 대한 언급을 자제하면서 비트코인은 연설 전 106,000달러에서 연설 중 101,000달러까지 하락했고, 현재 104,000달러를 기록하고 있다.
솔라나 역시 압박을 받아 사상 최고치에서 거의 10% 하락했다. 투자자들은 암호화폐의 미래에 대한 장기적인 비전에 베팅하고 이를 암호화폐 세계로 진입할 기회로 삼고 있을 수 있다.
사진 출처: Shutterstock
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Sector ETFs

ETFs

ARKB

BITB

ETHA

ETHV

FETH

IBIT

비트코인·이더리움 ETF, 시장 변동성과 정책 불확실성에도 기록적 자금 유입 발생

아크 인베스트먼트 매니지먼트의 설립자 캐시 우드는 2024년 대선에서 도널드 트럼프가 카멀라 해리스를 물리치고 당선된 이후 인수합병(M&amp;A)이 급증할 것으로 예상했다.
무슨 일 있었나: ARK Innovation ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>)를 이끄는 것으로 유명한 캐시 우드는 목요일(19일) 블룸버그 TV와의 인터뷰에서 &#8220;그동안 M&amp;A는 연방거래위원회(FTC)에 의해 막혀 있었지만 이는 곧 바뀔 것&#8221;이라고 <a href="https://www.youtube.com/watch?v=zd-ZoXq5R3w" target="_blank" rel="noopener">말했다</a>.
캐시 우드는 비트코인(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) 가격이 2030년까지 150만 달러에 도달할 것으로 예상하면서 암호화폐에 대한 낙관적인 견해를 계속 유지하고 있다. 그는 비트코인이 "금보다 더 희소해지고 있다"고 강조하며, 4월 반감기 이후 연간 공급 증가율이 0.9%로 감소했다고 지적했다.
우드에 따르면, 금 가격이 오르면 생산량이 증가하지만 비트코인은 그렇게 되지 않도록 하는 구조다.
이러한 발언은 올해 비트코인이 120% 상승하여 현재 10만 달러 가까이에서 거래되는 가운데 나온 것이다. 우드는 비트코인의 공급 한도가 2,100만 개로 고정되어 있으며, 기관 투자자의 관심 증가와 규제 확실성 덕분에 가격이 상승했다고 설명했다.
특히 비트코인 ETF의 등장으로 소매 투자자들의 관심이 크게 증가했다. iShares Bitcoin Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>), Grayscale Bitcoin Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBTC#NYSE">GBTC</a>), Fidelity Wise Origin Bitcoin Fund (BATS:<a class="ticker" href="https://www.benzinga.com/stock/FBTC#BATS">FBTC</a>), ARK 21Shares Bitcoin ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKB#BATS">ARKB</a>), Bitwise Bitcoin ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BITB#NYSE">BITB</a>), Grayscale Bitcoin Mini Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTC#NYSE">BTC</a>), ProShares Bitcoin ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BITO#NYSE">BITO</a>), Volatility Shares Trust 2x Bitcoin Strategy ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/BITX#BATS">BITX</a>) 같은 주요 상품들이 다양한 옵션을 제공하여 암호화폐 시장에 대한 노출을 원하는 투자자들을 유치하고 있다.
이 기사도 읽어보세요: <a href="https://kr.benzinga.com/news/usa/stocks/%ED%8A%B8%EB%9F%BC%ED%94%84-%EC%B7%A8%EC%9E%84%EC%8B%9D-%EC%95%9E%EC%84%9C-%ED%8A%B8%EB%9F%BC%ED%94%84-%EB%AF%B8%EB%94%94%EC%96%B4-%EC%A7%80%EB%B6%84-%EC%A0%84%EC%B2%B4%EB%A5%BC-%EC%B7%A8%EC%86%8C/">트럼프, 취임식 앞서 트럼프 미디어 지분 전체를 취소가능신탁으로 이전</a>
왜 중요한가: <a href="//www.benzinga.com/24/12/42608224/cathie-woods-thursday-moves-dumps-buzzing-stocks-tesla-and-palantir"" target="_blank" rel="noopener">파괴적 기술에 대한 신념이 강한 베팅으로</a> 유명한 ARK Innovation ETF는 최근 펀드 포지션을 조정했다. ARKK는 목요일에 테슬라(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) 주식 14,016주를 주당 436.17달러에 매각하고, 팔란티어(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) 주식은 33,402주를 주당 74.21달러에 매각했다.
또한 우드는 트럼프 대통령 행정부 아래서 더 광범위한 시장 참여에 대해 낙관론을 표명했다. 우드는 이전에 CNN에서 <a href="https://www.benzinga.com/markets/equities/24/12/42262916/ark-invests-cathie-wood-says-stock-market-will-broaden-out-under-trump-but-growth-wont-be-linear-nothing-goes-up-in-a-straight-line" target="_blank" rel="noopener">성장이 선형적이지 않을 것이라고 경고</a>하면서도 &#8220;시장은 지금 당장 확대되고 혁신의 선두에 있는 기업에 보상을 제공할 것&#8221;이라고 말했다.
캐시 우드의 전망은 공화당 행정부 하에서 특히 은행과 생명공학 분야에서 M&amp;A 활동이 증가할 것이라는 뱅크오브아메리카 애널리스트들의 예측과 일치한다. 이들은 역사적으로 공화당 대통령 재임 기간 동안 금융 부문 거래가 <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41979935/golden-years-for-ma-deals-ahead-under-trump-analysts-highlight-top-10-large-cap-candidates" target="_blank" rel="noopener">50% 증가했다고</a> 언급했다.
이미지 출처: 아크 인베스트
다른 트레이더들보다 30분 일찍 시장 움직임에 대한 독점 뉴스를 받아보세요.
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Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest

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에 대한 최신 뉴스 Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

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