Core Viewpoint - The cryptocurrency market is likely at or near a bottom, with prices overshooting to the downside despite strengthening fundamentals [1][2] Market Performance - Bitcoin is trading at $77,357, down 1.4% in the last 24 hours and 11.8% over the past week, while Ethereum is at $2,265, down 3.5% for the day and over 22% for the week [3] - Gold and silver have seen significant price movements, with gold surging 37.4% and silver 106.9% before experiencing sharp declines [4] Economic Context - The broader economy remains solid despite uncertainty from political developments, particularly the White House's policy agenda ahead of midterm elections [2][5] - The Federal Reserve's leadership changes and upcoming meetings may contribute to market volatility and risk aversion [5] Historical Insights - Early-year market performance is crucial, with data indicating that strong performance in the first week and month correlates with better full-year returns [6] Technical Analysis - Current conditions suggest a potential bottom for crypto, with analysis indicating Bitcoin may fall to the high $70,000s and Ethereum to around $2,400, signaling a possible inflection point [7]

Topics this week :✅ Bitmine, Strategy, Ark Invest📍BitMine bought another 20,000 ETH, continued to buy to lower the average price📍Cathie Wood's ARK buys over $70 million of crypto stocks as bitcoin slides📍Strategy's stock price has fallen for seven consecutive months and is currently down approximately 75% from its all-time high in November 2024.✅ Market View- have we bottomed out?📍Bitwise CIO says 'full-blown crypto winter' masked by institutional flows now nearer the end than the beginning📍All the pieces a ...

RT James Hunt (@humanjets)ICYMI: Here's a quick news recap from today's Asia & EMEA sessions @TheBlock__ 👇🤖 Elon Musk's artificial intelligence firm, xAI, is recruiting a crypto quantitative expert, an operational move amid its merger with SpaceX into a single entity valued at a reported $1.25 trillion.🤑 Aave founder Stani Kulechov has bought a £22 million ($30 million) mansion in London's Notting Hill, according to Bloomberg.🥶 Crypto markets have been in a prolonged downturn since early 2025, and the curre ...

Core Insights - The Truflation index, a real-time blockchain-based tracker, has dropped below 1% for the first time since early 2021, indicating significant disinflation [1][2] - The current Truflation reading shows consumer price inflation at 0.86% year-over-year, well below the Federal Reserve's 2% target [3] - Predictions suggest potential interest rate cuts by the Federal Reserve, which could positively impact liquidity-sensitive assets like Bitcoin [2][4] Group 1: Inflation Trends - The Truflation index has decreased from 2.67% since mid-December, contrasting with the official government reading that remains 700 basis points above the Fed's target [1][2] - Analysts, including Cathie Wood from Ark Invest, suggest that inflation could turn negative, opposing forecasts from firms like BlackRock and PIMCO [3] Group 2: Cryptocurrency Market Response - Bitcoin is currently trading around $78,000, approximately 38% below its record price of $126,000 from early October, with some smaller tokens showing recovery [2][5] - The CoinDesk 80 Index has gained 2% over 24 hours, indicating a slight recovery in the crypto market [5] Group 3: Future Outlook - Institutional adoption and the use of stablecoins for cross-border settlements are expected to enhance the depth and interoperability of the crypto market [6] - Over time, these developments may reinforce Bitcoin's characteristics as a hedge against debasement, even if the market has not fully priced this narrative yet [7]

Core Viewpoint - The merger of SpaceX and xAI aims to create a "space data center," but immediate cash needs are a pressing concern for xAI, which has only been operational for three years [2][4]. Group 1: Financial Overview - SpaceX's valuation is set at $1.5 trillion, while xAI is valued at $250 billion following a completed registration on February 2 [3]. - xAI burned approximately $9.5 billion in cash over the first nine months of 2025, with revenues of only about $210 million, significantly lagging behind competitors like OpenAI and Anthropic [4][9]. - In contrast, SpaceX generated $1 to $2 billion in free cash flow last year, driven by the growth of its Starlink satellite internet business, with total revenues reaching around $16 billion [11]. Group 2: Investor Sentiment - Some SpaceX investors reacted negatively to the merger, with shares of EchoStar, a major shareholder, dropping nearly 5% since the announcement [6][7]. - Investors are seeking more clarity on the narrative surrounding the merger, as expressed by Michael Sobel from Scenic Management [8]. Group 3: Strategic Implications - The ambitious plan for a "space data center" is met with skepticism, as the feasibility and cost-effectiveness of generating AI computing power in space remain uncertain [13]. - The merger complicates SpaceX's IPO ambitions, as the financial strain from xAI's cash burn could overshadow its recent successes in the rocket launch sector [10][11]. Group 4: Regulatory Environment - The current regulatory landscape is favorable for Musk, with the Trump administration rolling back various regulations that could impact the merger [15]. - The Federal Trade Commission is now led by Andrew Ferguson, who is less likely to block large tech deals compared to previous leadership [15]. Group 5: Historical Context - Musk has a history of complex transactions, such as the acquisition of SolarCity and the leveraged buyout of Twitter, which have involved significant financial maneuvering [17]. - The interconnected nature of Musk's ventures creates a "Musk economy," where the success of one entity is crucial for the stability of others [18].

RT Danny Kunwoong Park (@ParkKunwoong)ICYMI: Ark Invest (@ARKInvest) is staying committed to crypto.On Monday, @CathieDWood's firm bought Circle, Bitmine, Bullish, Coinbase, Block shares. Notably, @circle is down 65% the past 6 months.The ultimate "buy the dip" before the next bull run, or more pain ahead? https://t.co/l3JTWFTiI2 ...

🔥 LATEST: Cathie Wood's Ark Invest continues accumulating crypto stocks as the market dips.The firm made purchases across Robinhood, Circle, Bitmine, Coinbase, Bullish, Block Inc. and its own Bitcoin ETF on Feb 3. https://t.co/NBYkHjNOVe ...

Ark Invest buys the dip in Circle, Bitmine, Bullish shares https://t.co/C07utVYP6Q ...

Let's start with your holdings in your venture fund, because I'm taking look, it looks like your second biggest holding is Space X, Of course, as we know, that is a private company. One of Elon Musk's company right now in talks to potentially merge with x A. I.and in talks potentially to IPO later this year. I mean, as you digest these news events, how are you feeling about your current slice in Space X, which I believe is about seven and a half percent of this fund. Yes, we're feeling great, especially the ...

After a week of double-digit losses for Bitcoin and Ethereum, the crypto market sell-off may be running out of steam. That’s according to Tom Lee, chair of Ethereum treasury company Bitmine Immersion Technologies, who made that case in an interview on CNBC’s Squawk Box on Monday as the paper losses on his firm’s Ethereum stash grew to an eye-watering $6.6 billion. “All the pieces are in place for crypto to be bottoming right now,” Lee said, adding that he believes the $3.6 trillion industry’s fundamenta ...