Institutional Buying, Regulatory Progress, New Launches, Rising Market Risk!
Welcome to our exciting weekly recap in the dynamic world of cryptocurrencies! On Monday, February 2 nd, 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 6 th, 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.
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Strategy Adds $75M in Bitcoin Despite Market Volatility
Michael Saylor’s Strategy purchased 855 BTC for $75.3 million just ahead of last week’s market drop. The company now holds 713,502 BTC at an average price of $76,052, close to the current BTC price (~$77,000), reinforcing its long-term conviction.
Pi Network Gains Momentum with EU-Ready Filing
Pi Network published a MiCA-compliant crypto filing that signals readiness for regulated trading across the European Union — and the PI token saw a price uptick in response as investor confidence grew.
MegaETH Launch Backed by Ethereum Founder Vitalik Buterin
The new blockchain project MegaETH — designed for hyper-fast transactions — is set to launch in February and has drawn strong backing from influential investors, marking a positive development in infrastructure expansion.
Robinhood CEO Predicts Prediction Market Boom; Traders Shift Toward $MAXI
Robinhood CEO Vlad Tenev says prediction markets and event contracts are set to become a major asset class, driven by retail traders seeking more active, high-conviction trading. This ongoing gamification of finance is pushing capital toward projects that blend competition and trading utility.
Ethereum Faces Billion-Dollar Sell Pressure as Major Fund Deleverages
Ethereum is under heavy sell pressure as Trend Research, led by Jack Yi, unwinds a massive leveraged position built on Aave. The fund has already sold over 112,000 ETH, cutting its holdings to 488,172 ETH (~$1.05B) as falling prices push unrealized losses to $862M. With liquidation risk rising in thin liquidity, markets are closely watching for potential cascade effects if ETH continues to slide.
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