Michael Saylor: “21 Rules for Bitcoin” Highlighting Bitcoin’s Unique Value
Michael Saylor, founder of Strategy (formerly MicroStrategy), shared his list of “21 Rules for Bitcoin”, emphasizing the uniqueness and importance of Bitcoin. Saylor stated that Bitcoin represents true ownership, that it is an asset that everyone can access but must understand, and that only those who are willing to take the risk can profit.
by Darkex Research – 1 min read
Coin Shares Net Outflows of $415 Million in Digital Asset Investment Products
According to CoinShares’ weekly data, there were significant outflows for the first time after 19 weeks of net inflows. Investors withdrew $430 million worth of Bitcoin amid hawkish comments from Fed Chairman Powell and better-than-expected US CPI data. Solana ($8.9 million), XRP ($8.5 million) and Sui ($6 million) were the top inflows.
by Darkex Research – 1 min read
Institutional Investors Hold $26.8 Billion in Spot Bitcoin ETFs
According to Cryptoslate, institutional investors held 25.4% of spot Bitcoin ETFs’ total assets under management, amounting to $26.8 billion. BlackRock’s IBIT ETF was the biggest winner of institutional demand through 2024, with total assets under management rising to $16 billion.
by Darkex Research – 1 min read
US Exchange MEMX Files Application with SEC for 21Shares XRP ETF
US securities exchange MEMX has applied to the SEC to list the 21Shares XRP ETF as a “commodity trust”. This development shows that the SEC’s attitude towards cryptocurrency ETFs is changing and increasing interest in XRP ETFs.
by Darkex Research – 1 min read
Argentine President Milley Defends Himself Over LIBRA Token Scandal
Argentine President Javier Milley spoke about the fraud allegations regarding the LIBRA token project. “The country did not lose money, at most a few people suffered. Most of the investors were Chinese and Americans. Sharing this information was a natural process, like sharing many things,” he said.
by Darkex Research – 1 min read
GetTrumpMemes to Airdrop TRUMP Token to Trump Product Purchasers
GetTrumpMemes announced an airdrop of TRUMP tokens to users who purchase Trump-related products before February 15th.
by Darkex Research – 1 min read
Trump Family Crypto Project WLFI Withdraws 10 Million USDC from Binance
According to Onchain Lens data, Trump-backed World Liberty Finance (WLFI) withdrew 10 million USDC to buy 200 million WLFI tokens.
by Darkex Reseach – 1 min read
Strategy Did Not Sell Stocks or Buy Bitcoin Last Week
According to Strategy’s 8-K report, the company did not sell any Class A common stock and did not purchase any new Bitcoin last week. As of February 17, Strategy holds 478,740 Bitcoins worth approximately $31.1 billion, with an average purchase price of $65,033.
by Darkex Reseach – 1 min read
JPMorgan: US-Listed Bitcoin Miners Account for 29% of Global Hash Power
According to a report by JPMorgan, US-listed Bitcoin miners will account for 29% of global computing power by February 2025. This is almost double the share compared to the same period last year. However, due to the decline in Bitcoin prices, miners’ average daily earnings fell by 13%.
by Darkex Reseach – 1 min read
FTX Takes an Important Step in Crypto Industry Recovery with $1.2 Billion Payback
On February 18, FTX is set to pay a total of $1.2 billion to its creditors. While this payment is considered a critical stage of the bankruptcy process, it could contribute to restoring confidence in the crypto market.
by Darkex Reseach – 1 min read
US and Russia Agree to Establish Task Force to End Ukraine Conflict
The US State Department announced that the two countries have agreed to establish a joint task force to end the conflict between Russia and Ukraine. While the talks are still in the early stages, the search for a diplomatic solution continues.
by Darkex Reseach – 1 min read
Tether Plans to Buy 51% Stake in South American Energy Company Adecoagro for $1.24 Billion
Stablecoin giant Tether has reportedly entered negotiations to acquire a controlling stake in South American-based energy company Adecoagro for $1.24 billion. This acquisition is considered part of Tether’s plans to increase its influence in the traditional financial sector.
by Darkex Reseach – 1 min read
El Salvador Increases Daily Bitcoin Purchases to 93,417 BTC
According to Spot On Chain data, the government of El Salvador has accelerated Bitcoin purchases since December 22, 2024. The country is currently buying an average of 1.6 BTC per day, bringing its total holdings to 93,417 BTC. The average purchase price was calculated at $98,579.
by Darkex Reseach – 1 min read
Japanese company Metaplanet
Japan-listed Metaplanet announced a 10-for-1 stock split starting April 1st. The company started buying Bitcoin in April 2024 and currently holds 2,031 Bitcoins worth about $200 million.
by Darkex Reseach – 1 min read