Crypto hedge funds achieved double-digit returns in 2024, yet they couldn’t surpass $BTC’s remarkable performance, as reported by @GalaxyHQ’s Visiontrack Composite Index tracking 130 crypto-focused hedge funds. #Update #Crypto $BTC (+3) ↗
@GeniusGroup plans to invest all proceeds from a $33 million rights issue into acquiring more $BTC, reinforcing its commitment to cryptocurrency as a preferred asset. #Update #Crypto $BTC (+4) ↗
@AlpenLabs secures $8.5M in strategic financing led by Cyber Fund and DBA to advance Bitcoin ZK Rollup Strata, enhancing self-custody and scalability for $BTC users. #Update #Crypto $BTC (+4) ↗
Macroeconomic events shaped the digital assets market with notable outflows, as @CoinSharesCo reported a modest $48M inflow last week, with gains for $BTC, $XRP, and $SOL but losses for $ETH. #Update #Crypto $ETH (-3) ↘
@GeniusGroup’s latest $5M bitcoin purchase increases its holdings to 372 BTC, furthering its “bitcoin first” strategy towards a $120M goal. #Breaking #Crypto $BTC (+8) ↗
Nick Neuman, CEO of @CasaHODL, reported that Casa’s emergency line assisted a customer in recovering funds after losing a Bitcoin seed phrase in a fire. #Update #Crypto $BTC (+3) →
IRS announces temporary tax relief for crypto holders on centralized exchanges in 2025; $XRP breaks key resistance, trading around $2.36-$2.40 with bullish momentum targeting $2.90 • #Update • #Crypto • $XRP • +4 • ↗
After lying dormant for over 11 years, a Bitcoin wallet from 2013 activated, transferring 114.42 bitcoins valued at $7.67 million, marking a significant financial move as Bitcoin’s price increased by 6.8% last week. This rare event underlines Bitcoin’s enduring appeal and potential for substantial gains.
