Weekly Market Report. February 21, 2025

unnamed 4

February 21, 2025

Greetings, curious minds! Join us on a journey into the cutting-edge. This newsletter unveils the latest trends shaping our world.

Let’s explore together! 🌐🚀

🔥 Top Reads

screenshot 20250222 011100

Montana becomes 4th US state to advance Bitcoin reserve bill to House 😲

Montana’s House Business and Labor Committee has passed a bill that could open the door for Bitcoin and other cryptocurrencies to become reserve assets.

bars hJU

Copper says potential Trump scrutiny of US gold reserves could drive bitcoin inflows 🤔

A Copper analyst suggests that a reported plan to audit Fort Knox’s gold reserves could lead to increased scrutiny of gold holdings, potentially driving investors toward bitcoin.

screenshot 20250222 011614

‘Baby Degen’ AI agent can trade crypto for you 24/7 — But there’s a catch 🧐

Apple has reportedly advanced AI research teams within its machine learning group to develop robotics.

📈 Market Data

mdataaa

🚨 Important News This Week

icon ai

AI

  • How AI art achieved 176x performance with decentralized GPU infrastructure

  • AI, blockchain convergence to bring ‘watershed moments’ in 2025

  • ChatGPT vs. Claude vs. DeepSeek: The Battle to Be My AI Work Assistant

icon tech

Tech

  • New Microsoft chip shortens timeline to make Bitcoin quantum-resistant: River

  • FTC Opens Inquiry Into Censorship at Tech Companies

  • AI Data Center With Up to 3 Gigawatts of Power Is Envisioned for South Korea

icon business

Business

  • BlackRock Bitcoin ETF surpasses 50% market share despite 3-day sell-off

  • Bybit exchange hacked, over $1.4 billion in ETH-related tokens drained
  • Illuvium CEO says firm has gone ‘super lean’ to speed up development

icon crypto

Crypto

  • SXSW 2025 Stripe, PayPal are ‘primary catalysts’ for stablecoin growth — Polygon Labs
  • Stripe, PayPal are ‘primary catalysts’ for stablecoin growth — Polygon Labs
  • Solana sees 40% decline in user activity as memecoin rug pulls erode trust

🚨 Notable Companies Secure Impressive Investments

  • Altius Labs raises $11M in a Pre-Seed funding round co-led by Founders Fund and Pantera Capital
  • Cygnus raises $20M in a Pre-Seed funding round
  • Universal raises $9M in a funding round led by a16z crypto
  • Fluent Labs raises $8M in a funding round led by Polychain Capital
  • Mansa raises $10M in funding rounds led by Tether

🔥 Top Blockchain & Crypto News of the Week

🚀 From market crashes to institutional power moves, here are the top headlines shaping the crypto world right now.

1️⃣ Argentine President Javier Milei’s Meme Token Drama

  • Argentine President Javier Milei launched the LIBRA meme token, but six hours later, he deleted the tweet and withdrew support.

🔗Read more

2️⃣ 12 U.S. States Hold $330.5M in MicroStrategy Shares

  • Recent filings show that 12 U.S. states collectively hold $330,500,000 worth of Strategy₿ (MicroStrategy) shares, signaling strong institutional faith in Bitcoin’s largest corporate holder.

🔗Read more

3️⃣ Analyst Predicts Bitcoin Could Reach $400K

  • Analyst Apsk32 compared Bitcoin’s growth to gold’s historic rise, projecting a possible $400,000 BTC price based on market cap normalization.

🔗 Read more

4️⃣ FTX Begins Paying Back Users—At 2022 Bottom Prices

  • FTX is distributing $16 billion to users with balances under $50,000—but there’s a catch. Payouts are based on 2022 market bottom prices, meaning:

🔗Read more

5️⃣ Brazil Approves World’s First XRP Spot ETF

  • Brazil’s CVM (securities regulator) has approved the world’s first XRP Spot ETF, named Hashdex Nasdaq XRP Index Fund. Investors can now gain direct exposure to XRP through Brazil’s B3 stock exchange—a major win for crypto ETFs

🔗Read more

💡 Want more in-depth analysis? Stay ahead of the curve—subscribe for the latest blockchain, DeFi, and Web3 news here! 🚀

🔎 😇Paving the Bitcoin Frontier: Dennis Porter’s Fight for Freedom and Finance

😇Paving the Bitcoin Frontier: Dennis Porter’s Fight for Freedom and Finance

🤣 Meme of the Week

screenshot 20250222 043420

🫰Love What You Read?

5d5cda9285554333a2e9994e798ee92e

If you have any questions, please contact me directly in my email.

Sincerely,

Constantin Kogan

[email protected]