Hi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
According to the cryptocurrency news X (formerly Twitter) account SolidIntel (@solidintel_x) on the 18th (local time), the US Securities and Exchange Commission (SEC) has officially accepted the XRP spot Exchange-Traded Fund (ETF) application submitted by Bitwise. Meanwhile, as of 06:08 on the 19th, XRP is trading at $2.5287 on the Binance Tether (USDT) market, down 5.23% from the previous day.
Bitcoin (BTC) has temporarily relinquished the $94,000 level. Meanwhile, as of 03:02 on the 19th, BTC is trading at $93,777.01 on the Binance USDT market, down 1.75% from the previous day.
According to Bloomberg on the 18th (local time), Reeve Collins, co-founder of Tether, is supporting stablecoin projects based on Ethereum (ETH) and Solana (SOL), which are scheduled to launch by the end of this year. The project will issue stablecoins through smart contracts, and the supporting assets include Real World Assets (RWA). It is also reported that the project plans to distribute profits to participants and launch governance tokens.
According to The Block, a cryptocurrency-focused media outlet, on the 18th (local time), K33 Research analyst Vetle Lunde predicted that while Bitcoin (BTC) maintains low volatility and traders' risk aversion psychology is strengthening, this situation won't last long. He stated, "BTC on-chain indicators are showing weakness," adding that "BTC trading volume, returns, options premiums, and ETF flows have returned to levels seen before the U.S. election last November." He continued, "Along with this, BTC volatility has plummeted to its lowest level in months," but emphasized that "this situation won't last long." Furthermore, he analyzed that "the overall market's risk aversion psychology suggests traders are preparing for downside volatility," while noting that "leverage levels are moderate, indicating a lower risk of cascading liquidations." Finally, he added, "As this is a period of high uncertainty, I recommend waiting until a clear direction emerges."
On the 18th (local time), crypto media Bitcoin Magazine reported via X (formerly Twitter) that "Fold, a Bitcoin (BTC) exclusive financial services application, is scheduled to be listed on NASDAQ on the 19th (local time)" and added that "Fold currently holds more than 1000 BTC." Meanwhile, as of 02:06 on the 19th, BTC is trading at $94,684.17 on the Binance Tether (USDT) market, down 0.81% from the previous day.
Bitcoin (BTC) has temporarily retreated from the $95,000 level. Meanwhile, as of 01:41 on the 19th, BTC is trading at $94,867.78 on the Binance USDT market, down 0.56% from the previous day.
According to The Block, a cryptocurrency-focused media outlet, on the 18th (local time), Strategy (formerly MicroStrategy) announced that as Bitcoin (BTC) volatility expands, corporate profitability could deteriorate and tax burden may increase. Through its annual financial report (10-K) submitted to the Securities and Exchange Commission (SEC), Strategy stated that "due to poor performance in the corporate analysis software business last year, we may need to rely on funding," and warned that "since our funding capability largely depends on the market value of our held BTC, a sharp decline in BTC value could trigger a liquidity crisis." The company added, "According to IRS policies, unrealized fair value gains from BTC holdings may become subject to taxation," and "in this case, Strategy's tax burden could become excessive." Meanwhile, as of 01:30 on the 19th, BTC is trading at $95,241.54 on the Binance USDT market, down 0.34% from the previous day.
On the 18th (local time), cryptocurrency news X (formerly Twitter) account SolidIntel (@solidintel_x) reported that "according to Intel, Google is exploring ways to simplify Bitcoin (BTC) adoption." Meanwhile, as of 01:05 on the 19th, BTC is trading at $95,475.54 on the Binance Tether (USDT) market, down 0.40% from the previous day.
Bitwise, a digital asset management company and Bitcoin (BTC) spot ETF issuer, announced on the 18th (local time) through their official X (formerly Twitter) that they will donate $150,000 to support Bitcoin (BTC) open-source developers. Bitwise stated, "When we previously launched the Bitwise Bitcoin Spot ETF (BITB), we announced that we would donate 10% of our total annual profits," adding "This marks our first donation in accordance with that commitment." They further added, "The donations will be made to organizations including Brink, OpenSats, and the Human Rights Foundation."
According to cryptocurrency media CoinDesk on the 18th (local time), Bitcoin (BTC) mining company Mara Holdings (formerly Marathon Digital) announced the acquisition of a wind farm in Texas, USA, to power their Bitcoin mining operations. Mara Holdings explained that they plan to reduce BTC production costs by using ASIC mining hardware powered by renewable energy. Meanwhile, as of December 9th last year, Mara Holdings holds a total of 40,435 BTC, which is worth approximately $3.9 billion (about 5.5922 trillion won).
The three major US stock market indices are showing a downward trend. As of 00:25, the Nasdaq Composite Index is trading at 20,013.18 points, down 0.07% from the previous session. The Dow Jones Index is down 0.31% at 44,406.04 points, while the S&P 500 Index is recording 6,114.25 points, down 0.01%.
Cryptocurrency analyst and trader Ali Martinez reported on X (formerly Twitter) on the 17th (local time) that "Ethereum (ETH)'s key support level is at $2,425," adding that "10.33 million wallets have accumulated a total of 62.43 million ETH at this price level."
On the 17th (local time), cryptocurrency media Wublockchain, citing cryptocurrency analyst The Big Whale, reported that "Kelsier Ventures, the developer of Argentine President's meme coin LIBRA, had been working with Nigerian government officials to pursue a meme coin project similar to LIBRA on Solana (SOL). While it remains unconfirmed whether Nigerian President Bola Tinubu was directly involved, the project had made significant progress. However, as criticism of LIBRA grew, the likelihood of this project being realized has diminished. Meanwhile, Wublockchain reported that "Kelsier Ventures is understood to have contacted other countries to pursue similar projects."
According to cryptocurrency media CoinTelegraph on the 17th (local time), US securities exchange MEMX (Members Exchange, a new exchange backed by Goldman Sachs and others in 2020) has requested approval from the Securities and Exchange Commission (SEC) to list 21Shares' spot XRP Exchange-Traded Fund (ETF) as a Commodity-Based Trust. The media outlet evaluated this as "part of US exchanges' efforts to pursue the listing of spot ETFs including XRP."
The US Department of Government Efficiency (DOGE) announced on the 17th (local time) via X (formerly Twitter) that "we have information about fraud and abuse cases related to the Securities and Exchange Commission (SEC)" and requested to "please send private messages to this account."
According to the cryptocurrency news X (formerly Twitter) account SolidIntel (@solidintel_x) on the 17th (local time), Donald Trump's official merchandise website has opened an Official TRUMP airdrop claim page. Users who purchased products such as Non-Fungible Tokens (NFTs), shoes, watches, and perfumes from the site before February 15th (local time) can receive 3 TRUMP as a reward.
According to cryptocurrency news X (formerly Twitter) account SolidIntel (@solidintel_x) on the 17th (local time), Argentina's President Javier Milei reposted an X post about how to purchase the memecoin LIBRA. Regarding this, Lookonchain reported through X that "After the Argentine President reposted the message, an anonymous address (goofyahh.sol) purchased 10.4 million LIBRA with 5 million USDC, and the current unrealized profit is around $2.8 million."
On the 18th, Upbit, a domestic virtual asset (cryptocurrency) exchange, announced through its official website that deposits and withdrawals of Enjin (ENJ) will be temporarily suspended from the time of notice due to internal wallet system maintenance.
According to the cryptocurrency media WatcherGuru's X (formerly Twitter) account on the 17th (local time), the Texas Senate will hold a public hearing on February 18th (local time) to discuss establishing Bitcoin (BTC) as a strategic reserve asset. Meanwhile, BTC is trading at $95,835.42 on the Binance USDT market as of 00:49 on the 18th, down 1.11% from the previous day.
Julio Moreno, CryptoQuant's senior analyst, stated via X (formerly Twitter) on the 17th (local time) that "In this market cycle, Bitcoin's (BTC) market capitalization ratio compared to other cryptocurrencies has increased from 0.90 to 2.12," while noting that "Ethereum's (ETH) market capitalization ratio has decreased from 0.41 to 0.36." He further explained, "In contrast to Bitcoin's (BTC) market share more than doubling, ETH is losing ground," adding that "This is a clear indication of where liquidity is flowing." Meanwhile, ETH is trading at $2,758.48 on Binance's USDT market as of 01:02 on the 18th, up 2.44% from the previous day.
Bitcoin (BTC) has temporarily given up the $96,000 level. Meanwhile, as of 00:49 on the 18th, BTC is trading at $95,742.53 on the Binance USDT market, down 1.28% from the previous day.
The three major US stock indices closed with mixed results. The NASDAQ Composite Index rose 0.41% from the previous day to close at 20,026.77 points. The Dow Jones Index fell 0.37% to 44,545.28 points, while the S&P 500 Index closed down 0.05% at 6,111.75 points.
According to CoinDesk, a cryptocurrency media outlet, on the 14th (local time), cryptocurrency company SafeMoon announced plans to launch a Solana (SOL) based meme coin on February 15 at 1 AM (local time). The SafeMoon team has burned a total of 2.2 trillion SFM tokens across Ethereum (ETH), Polygon (POL), and Binance Smart Chain (BSC) networks, resulting in the burning of most of the supply on Ethereum and Polygon, and approximately 60% of the supply on Binance Smart Chain. The team also explained that SFM holders can exchange their tokens for SafeMoon's new meme coin through the VGX wallet.
According to crypto-focused media U.Today on the 14th (local time), the U.S. Securities and Exchange Commission (SEC) has officially accepted the spot XRP Exchange-Traded Fund (ETF) application (19B-4) submitted by 21Shares.
According to WuBlockchain, a cryptocurrency media outlet, on the 14th (local time), Blockchain.com announced the appointment of Justin Evans, former head of Goldman Sachs' digital asset investment banking division, as Chief Financial Officer (CFO). Justin Evans led the project to establish Goldman Sachs' digital asset investment banking division and has experience participating in numerous digital asset transactions. Meanwhile, Blockchain.com plans to expand its workforce by up to 50%, which is explained as a measure towards the company's long-standing goal of going public.
On the 14th (local time), traders on the decentralized prediction market platform Polymarket forecasted an 81% probability of XRP exchange-traded fund (ETF) approval within this year. This is an increase from approximately 70% in January.
According to The Block, a cryptocurrency-focused media outlet, on the 14th (local time), the Abu Dhabi sovereign wealth fund reported in its securities holdings report (13F) that it purchased $437 million worth of BlackRock's Bitcoin ETF (IBIT) in the first quarter of this year. The purchase was officially made by Mubadala Investment, one of the sovereign wealth funds.
Bitcoin (BTC) has temporarily recovered to the $98,000 level. Meanwhile, as of 04:09 on the 15th, BTC is trading at $98,415.25 on the Binance USDT market, up 2.20% from the previous day.
According to the Tree News X (formerly Twitter) account on the 14th (local time), State Street, a U.S.-based bank, is planning to launch a digital asset (cryptocurrency) custody service in 2026.
On the 14th (local time), cryptocurrency media Bitcoin News reported, citing Glassnode data, that Bitcoin (BTC) Long-Term Holder (LTH) loss volume decreased by approximately 31% from 5500 BTC to 3800 BTC since early February. Meanwhile, BTC is trading at $97,484.21 on the Binance USDT market as of 02:01 on the 15th, up 2.19% from the previous day.