Sun, February 16

Abu Dhabi’s Mubadala Investment Company discloses a $436.9M stake in IBIT

Abu Dhabi Crypto Move Abu Dhabi’s Mubadala Investment Company took a giant leap by investing $436.9 million in the iShares Bitcoin Trust ETF. The massive purchase was done in the first quarter of 2024. Mubadala, with assets under management of over $280 billion, purchased around 8.2 million units of the

February 14, 2025 3 mins read

North Carolina Introduces Bill to Allocate 10% of State Funds to Bitcoin

North Carolina is the 20th U.S. state to propose Bitcoin reserve legislation. The lawmakers have introduced House Bill 92 (HB 92) to allow the state treasurer to invest up to 10% of public funds in BTC and other high-value digital assets. The bill, sponsored by House Speaker Rep.  Destin Hall,

February 11, 2025 2 mins read

Can Bitcoin (BTC) Hold the $98K Level, or Is a Dip Incoming?

The largest asset, Bitcoin (BTC) continues to dominate the cryptocurrency market as its price movements are crucial. BTC reflects a period of consolidation following multiple drops. Bitcoin’s price is suffering to reclaim the $100K mark, facing repeated rejections that triggered sharp pullbacks.  The price action of the asset has established

February 10, 2025 3 mins read

Poland Cancels Bitcoin Reserve Proposal Despite President Mentzen’s Promise

Sławomir Mentzen was gaining attention with his firm commitment to establishing a Bitcoin reserve for Poland in case he wins. Mentzen’s Vision for a Bitcoin Reserve Mentzen’s stance is aligned with that of U.S. President Donald Trump, who has been an outspoken Bitcoin and cryptocurrency supporter in the world of

February 8, 2025 2 mins read

Eric Trump commented on Bitcoin after his Ethereum tip sent values up

Eric Trump’s Comment on Bitcoin and Ethereum Eric Trump recently shared his thoughts on Bitcoin, posting on X, “Feels like a great time to enter #BTC!” This led to a brief price jump, pushing Bitcoin above $98,000 before it settled at around $97,650. The price movement was minimal, reflecting only

February 7, 2025 2 mins read

Standard Chartered Predicts Bitcoin Could Hit $500K by 2028: Analyzing the Key Reasons

Standard Chartered projects Bitcoin could reach $500,000 by 2028. This feat will be driven by major growth and gradual adoption by institutions and ETF market potentials. Geoffrey Kendrick, the bank’s Head of Digital Asset Research, outlined the prediction in a February 5 investor’s note. He predicted Bitcoin’s potential for $200k

February 6, 2025 3 mins read

El Salvador Expands Bitcoin Reserves While Adjusting Policies for IMF Agreement

El Salvador continues to expand its BTC holdings despite recent policy changes. On February 4, the Central American nation added 12 Bitcoins to its reserves, increasing the total to 6,068 BTC, valued at over $554 million. The government purchased 11 Bitcoin for about $1.1 million, averaging $101,816 per BTC. Later,

February 5, 2025 1 min read

Despite a close at $102K, Bitcoin analysts warn of a potential $95K bear trap

Bitcoin Falls Below $100,000, but It Might Be a Short-Term Drop For the first time since 27 January, bitcoin fell under $100,000. Although closing January with a record value of $102,412 is great, others feel it would briefly go back to $95,000 as an analyst has suggested. Bitget Research’s chief

February 2, 2025 2 mins read