tl;dr
• MicroStrategy Rebrands to Strategy, Reinforcing Bitcoin Focus: MicroStrategy rebrands to Strategy, emphasizing Bitcoin and AI, holding 471,107 BTC worth $46B. The company announced a new logo, fundraising via Strike Preferred Stock (STRK), and a public offering of 2.5M shares.• VanEck Predicts Sol...
• MicroStrategy Rebrands to Strategy, Reinforcing Bitcoin Focus: MicroStrategy rebrands to Strategy, emphasizing Bitcoin and AI, holding 471,107 BTC worth $46B. The company announced a new logo, fundraising via Strike Preferred Stock (STRK), and a public offering of 2.5M shares.
• VanEck Predicts Solana to Reach $520 by 2025: VanEck forecasts Solana’s market cap to rise by 3% in 2025, pushing SOL’s price to $520, supported by U.S. M2 money supply growth, MEV revenue improvements, and a thriving application ecosystem.
• U.S. Treasury Sued Over Data Sharing with Elon Musk’s D.O.G.E.: AFL-CIO sues the U.S. Treasury for allegedly sharing sensitive financial data with Elon Musk’s D.O.G.E., leading to the resignation of Acting Deputy Secretary David Lebryk.
• Former Malaysian PM’s Social Media Hacked for Fake Meme Coin Promotion: Hackers used former Malaysian PM Mahathir Mohamad’s social media to promote a fraudulent meme coin, stealing $1.7M. The attack is linked to Russian cybercriminals, Evil Corp.
• U.S. CFTC Reviews Prediction Market Regulations After Polymarket CEO Raid: The CFTC will hold a roundtable to reassess event contract regulations, impacting platforms like Kalshi and Polymarket. The review follows a raid on Polymarket’s CEO and rising concerns over legal uncertainties.
• Cboe Files for Ethereum ETF Options Approval: Cboe submits a 19b-4 filing to the SEC for listing Ethereum ETF options, competing with NYSE American. Spot Ethereum ETFs have seen strong demand, influencing the SEC's decision timeline.
• Galaxy Digital CEO Predicts $5,500 ETH and Backs XRP: Mike Novogratz supports XRP’s "narrative" and forecasts Ethereum hitting $5,500 by 2025, recognizing its value despite previous criticism of XRP.
• Bitcoin Forecasted to Hit $500,000 by 2028: Standard Chartered’s Geoffrey Kendrick projects Bitcoin reaching $500K by 2028 and $200K by 2025, citing institutional adoption, ETF approvals, and Trump’s pro-crypto policies.
• Strategy Surpasses Bitcoin Acquisition Goals Despite Q4 Losses: Strategy (formerly MicroStrategy) acquired 218,887 BTC in Q4 2024, raising holdings to 471,107 BTC ($46B). The company incurred a $670.8M Q4 loss due to impairment charges.
• Tether Faces European Delisting and U.S. Regulatory Threats: Tether’s future is uncertain due to MiCA’s European delisting threats and potential U.S. stablecoin regulations under Trump, raising concerns over its role in digital currency markets.
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