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Cryptocurrency news covering Bitcoin, Ethereum, and altcoins. Track crypto prices, blockchain developments, DeFi trends, and regulatory updates.

Bitcoin Retreats Below $68K Amid Thin Holiday Trading, Fed Minutes Loom
Crypto Sarah Chen

Bitcoin Retreats Below $68K Amid Thin Holiday Trading, Fed Minutes Loom

Bitcoin declined to approximately $67,900 during a holiday-thinned trading session, with market participants focusing on upcoming Federal Reserve minutes and institutional ETF flows for near-term direction.

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Robinhood's February Metrics in Focus Amid Bitcoin Volatility
Crypto Sarah Chen

Robinhood's February Metrics in Focus Amid Bitcoin Volatility

Robinhood Markets will report its January monthly metrics on February 19, following a holiday-shortened week. The update comes as Bitcoin pulls back from recent peaks, potentially impacting the platform's crypto-related revenue.

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Coinbase Surges 16.5% on ARK Invest's $15 Million Purchase
Crypto Sarah Chen

Coinbase Surges 16.5% on ARK Invest's $15 Million Purchase

Coinbase shares rallied 16.5% to $164.32 following a $15 million stock purchase by ARK Invest. The company reported a quarterly loss of $667 million as transaction revenue declined.

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MicroStrategy Unveils $6B Debt Conversion Plan, Assures Bitcoin Downturn Resilience
Crypto Sarah Chen

MicroStrategy Unveils $6B Debt Conversion Plan, Assures Bitcoin Downturn Resilience

MicroStrategy announced a multi-year plan to convert approximately $6 billion in convertible debt into equity, while assuring investors it can cover obligations even if Bitcoin drops to $8,000. The stock closed Friday up 8.9% at $133.88.

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XRP Gains on Holiday Trading as Market Awaits Fed Minutes
Crypto Sarah Chen

XRP Gains on Holiday Trading as Market Awaits Fed Minutes

XRP advanced 3.3% to approximately $1.52 during Sunday's limited trading session, while Bitcoin maintained levels near $69,000. Market participants are focusing on upcoming Federal Reserve minutes and inflation indicators.

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Bitcoin Retreats Below $69K Ahead of Key Fed Data, ETF Flows Volatile
Crypto Sarah Chen

Bitcoin Retreats Below $69K Ahead of Key Fed Data, ETF Flows Volatile

Bitcoin declined 0.9% to $69,029 over the weekend, with ether dropping 3.4% to $2,006. Trading in U.S. spot bitcoin ETFs resumes Tuesday after the Presidents Day holiday.

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MSTR Surges 9% Ahead of Holiday on Bitcoin-Linked Funding News
Crypto Sarah Chen

MSTR Surges 9% Ahead of Holiday on Bitcoin-Linked Funding News

MicroStrategy shares rallied 8.9% Friday after an SEC filing highlighted its bitcoin-backed funding strategy via preferred shares, with cryptocurrency markets active during the U.S. holiday closure.

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IREN Gains Entry into MSCI USA Index Amid AI Pivot
Crypto Sarah Chen

IREN Gains Entry into MSCI USA Index Amid AI Pivot

IREN Limited is set to join the MSCI USA Index after the market closes on February 27, a move that could drive passive fund buying. The company's shares rose 2.85% on Friday, boosting its market capitalization to approximately $13.7 billion.

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XRP Climbs 4.6% Amid Inflation Data, ETF Speculation
Crypto Sarah Chen

XRP Climbs 4.6% Amid Inflation Data, ETF Speculation

XRP gained 4.6% to approximately $1.47, with trading volume hitting $2.47 billion. The move comes as markets digest recent inflation data and await further signals on monetary policy.

IBIT
Bitcoin Holds Near $70K as Inflation Data Fuels Rate Cut Bets
Crypto Sarah Chen

Bitcoin Holds Near $70K as Inflation Data Fuels Rate Cut Bets

Bitcoin edged higher to $69,661, maintaining proximity to the $70,000 level following encouraging inflation figures. Market focus shifts to upcoming Fed minutes and economic data.

COIN
MSTR Soars 9% as Bitcoin Rallies Ahead of Holiday Weekend
Crypto Sarah Chen

MSTR Soars 9% as Bitcoin Rallies Ahead of Holiday Weekend

Strategy Inc shares jumped 8.85% to $133.88, tracking a late-week Bitcoin rally. The company also filed a prospectus for a new preferred stock offering.

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MicroStrategy Surges After Hours on Bitcoin Rally, Unveils Preferred Stock Details
Crypto Sarah Chen

MicroStrategy Surges After Hours on Bitcoin Rally, Unveils Preferred Stock Details

MicroStrategy shares climbed nearly 9% in extended trading Friday, mirroring a bitcoin price recovery. The company also detailed its new preferred stock offering and recent cryptocurrency acquisitions.

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