A Week of Action in the Crypto Market
Welcome to our exciting weekly recap in the dynamic world of cryptocurrencies! On Monday, February 17th, 2025, at 9:00:05 AM EST (3:00:05 PM CET), we will analyze the prices of the top 10 cryptocurrencies according to Coin Market Cap and anticipate how the market could evolve throughout the week. On Friday, February 21st, 2025, at 6:00:02 PM EST (12:00:02 PM CET), we will compare these prices with the closing values to identify market trends and fluctuations.
| CRYPTO | INITIAL | % CHANGE | FINAL |
|---|---|---|---|
| BTC | $96,400.90 | -1.18% | $95,267.75 |
| ETH | $2,764.80 | -4.95% | $2,627.91 |
| XRP | $2.69 | -6.57% | $2.51 |
| BNB | $674.41 | -5.77% | $635.52 |
| SOL | $186.16 | -9.45% | $168.56 |
| DOGE | $0.26 | -9.83% | $0.24 |
| ADA | $0.81 | -6.62% | $0.76 |
| AVAX | $25.54 | -6.50% | $23.88 |
| TON | $3.83 | -7.67% | $3.54 |
Polkadot to Educate UK Lawmakers on Web3 in First-of-Its-Kind Course
Polkadot Blockchain Academy is launching a three-day Web3 education course for policymakers in Zug, Switzerland—aka “Crypto Valley”—from April 6-8, 2025. Titled Blockchain Basics for Policymakers, the course will help UK lawmakers understand blockchain’s real-world applications. Led by Lisa Cameron, founder of the UKUS Crypto Alliance, the initiative aims to equip MPs with the knowledge needed to shape effective crypto regulations. With the UK’s crypto sector rapidly evolving, this education push could influence future policy decisions.
2025: A Pivotal Year for Bitcoin, Says Bitwise CEO
Hunter Horsley, CEO of Bitwise, predicts that 2025 will be a “watershed year” for Bitcoin, with increased ETF inflows, more corporate buying, and greater regulatory clarity. He also expects more nation-states to embrace Bitcoin, along with more influential figures showing their conviction in the cryptocurrency. Bitwise has previously projected that Bitcoin could reach $200,000 in 2025, driven by its growing scarcity and mainstream adoption.
XRP Gains Attention as Musk’s DOGE Targets SEC
Market analysts are eyeing a potential bullish shift for tokens like XRP, previously scrutinized by the SEC, as Elon Musk’s Department of Government Efficiency (DOGE) now focuses on the U.S. Securities and Exchange Commission (SEC). A newly created DOGE account on X (formerly Twitter) is calling on the public to provide insights into identifying and fixing waste, fraud, and abuse within the SEC. As this new campaign gains traction, XRP supporters and other token communities are hopeful for a positive turn in regulatory treatment.
Strategy Goes Bigger on Bitcoin with $2B Bet
Strategy (formerly MicroStrategy) is raising $2B in convertible notes to buy more Bitcoin and fund operations. The 0% interest notes mature in 2030, with a 35% premium conversion price, reinforcing its aggressive BTC accumulation strategy.
Ethena Labs: No Exposure to Bybit Hack
Ethena Labs confirms zero unrealized PNL exposure to the $1.46B Bybit hack. Previously, exposure was under $30M, but with all USDe reserves held in off-exchange custody, the funds remain safe and unaffected by the incident.
Sources
https://cointelegraph.com/news/polkadot-launch-first-blockchain-course-for-policymakers-uk-mps
https://u.today/2025-will-be-watershed-year-for-bitcoin-bitwise-ceo-predicts
https://www.coindesk.com/markets/2025/02/18/xrp-in-focus-as-elon-musk-s-d-o-g-e-sets-eyes-on-sec
https://cointelegraph.com/news/strategy-2b-convertible-price-notes-buy-more-btc
https://crypto.news/ethena-labs-reveals-zero-unrealized-pnl-exposure-to-bybit/
