ChainCatcher news, according to Jinshi reports, Texas lawmakers have reintroduced a bill aimed at establishing a strategic Bitcoin reserve, now designated as SB 21, which allows for investments in additional cryptocurrencies.Senator Charles Schwertner announced the bill on February 12, emphasizing that it will make Texas the first state to establish a cryptocurrency reserve, potentially driving innovation and "financial freedom." This new legislation builds on SB 778, the previous bill introduced in January this year, which primarily focused on Bitcoin.The SB 778 bill restricted the state government to only purchase and hold Bitcoin, without allowing it to be used for other operations, while the SB 21 bill expands the scope to allow investments in cryptocurrencies that maintain a market value of at least $500 billion for a year. However, currently, Bitcoin is the only cryptocurrency that meets this standard.

ChainCatcher news, according to The Bitcoin Office of El Salvador, El Salvador President Nayib Bukele met today at the presidential palace with Michael Saylor, the founder of Strategy (formerly MicroStrategy), to discuss Bitcoin-related topics.

ChainCatcher news, according to PR Newswire, Bloomberg has launched the Bloomberg Bitcoin Gold Index Series, which includes the Bitcoin Gold Equal Weight Index (BBIG) and the US Dollar Bitcoin Gold Equal Weight Index (BBUG). Bloomberg data shows that the cryptocurrency market will receive over $220 billion in investments in 2024, distributed across more than 250 ETF products.The index is designed to combine the growth potential of Bitcoin with the stability characteristics of gold, using a unit-based framework that supports future modifications and customizations based on client needs. Jigna Gibb, Head of Commodity and Crypto Index Products at Bloomberg Index Services LLC, stated that this will be the first of many mixed indices of commodities and digital assets.

ChainCatcher news, the Bitget Launchpool project Solayer (LAYER) has opened for investment, with a total prize pool of 434,000 LAYER. As of the time of writing, the current yield is reported at 305.68% APR. The locking period is open from February 13, 22:00 to February 16, 22:00 (UTC+8).

ChainCatcher news, according to Spot On Chain monitoring, an early POPCAT token holder, after being inactive for two months, transferred 10 million POPCAT (approximately $3.15 million) to the Bybit exchange about 7 hours ago.This address first purchased 9.27 million POPCAT on December 14, 2023, for 350 SOL (approximately $24,500). Currently, this address still holds 1.173 million POPCAT (approximately $404,000), with a total profit of $7.32 million and a return rate of 633%.In addition, this address also holds 8.62 million FARTCOIN (approximately $4.17 million), with an unrealized profit of $746,000 and a price increase of 22%.

ChainCatcher news, according to relevant page information, the Bittensor dTAO upgrade has been completed. Currently, the subnet tokens can be traded on DEXs like taosats.It is reported that the dTAO upgrade is considered the most important upgrade since the establishment of the Bittensor network. This upgrade aims to shift the issuance distribution from the trusted capital allocation of a few large validators to pure market forces. Each AI market (now the TAO subnet projects) will operate using its own token, and the issuance will flow based on the relative price of the tokens.

ChainCatcher news, CeDeFi infrastructure BounceBit tweeted that it has obtained a license from the Approved Manager (AIM) in the British Virgin Islands. BounceBit will be able to manage investment funds and provide professional investment services under the 2012 Securities and Investment Business (Approved Managers) Regulations.

According to ChainCatcher news and analysis by Vaneck analyst Matthew Sigel, 20 states in the U.S. are advancing legislation related to Bitcoin reserves. If all are passed, it is expected to drive $23 billion in funds into the Bitcoin market, equivalent to approximately 247,000 BTC.The study covers reserve funds, pension plans, and other state-level investment mechanisms across various states, with some states proposing to use state budget surpluses, stabilization funds, and land funds for Bitcoin investments.

ChainCatcher news, according to official sources, the South Korean cryptocurrency exchange Bithumb has announced the launch of Thena (THE).

ChainCatcher news, Semler Scientific Chairman Eric Semler stated that Zoom Communications ($ZM) should consider adopting Bitcoin as a treasury asset to boost its weak performance and shareholder returns. Semler pointed out that Zoom's stock price has fallen about 40% over the past three years and has underperformed the S&P 500 index by 84% over the past five years, with the current valuation at only a forward P/E ratio of 15 times and EV/EBITDA of 9 times.Despite having $7.7 billion in cash reserves (about one-third of its market value) and maintaining a 40% EBITDA profit margin, revenue growth has been sluggish, and future guidance indicates only low single-digit growth. Semler suggested that Zoom leverage its cash reserves and stable $2 billion annualized free cash flow to become a corporate holder of Bitcoin for long-term value growth, and called on CEO Eric Yuan to use his super voting rights to promote a Bitcoin strategy.

ChainCatcher news, according to the 13F-HR form (quarterly holdings report) submitted by the Bank of Montreal (BMO) to the SEC, the bank held approximately $150 million in Bitcoin spot ETFs as of the end of last year, including $139 million in IBIT and $11 million in ARKB, FBTC, and GBTC.

ChainCatcher news, according to CNBC, three insiders revealed that the video game retailer GameStop is considering investing in cryptocurrencies such as Bitcoin. The company currently holds $4.6 billion in cash reserves and has approved a new investment policy in December 2023, authorizing CEO Ryan Cohen and two independent directors to manage the securities portfolio.After the news was released, GameStop's stock price surged by 20% in after-hours trading. Notably, Ryan Cohen posted a photo with MicroStrategy Chairman Michael Saylor, the largest corporate holder of Bitcoin, on social media platform X last weekend, but sources say Saylor is not currently involved in GameStop's cryptocurrency investment discussions.

ChainCatcher news, Russian brokerage Finam is about to launch an investment product linked to BlackRock's iShares Bitcoin Trust ETF (IBIT), giving qualified Russian investors their first opportunity to access a spot Bitcoin ETF.Finam will start offering structured notes based on BlackRock's iShares Bitcoin Trust ETF (IBIT) on February 17. The IBIT bonds to be issued by Finam will be denominated in Russian rubles, and the yield will be calculated in US dollar equivalent based on the exchange rate of the Central Bank of Russia.

ChainCatcher news, according to monitoring by Lookonchain, today ten U.S. Bitcoin ETFs had a net outflow of 2467 BTC ($236.74 million), of which Fidelity had an outflow of 1048 BTC ($100.58 million), and currently, Fidelity holds 208525 BTC ($20.01 billion);Nine Ethereum ETFs had a net outflow of 3691 ETH ($9.82 million), of which Fidelity had an outflow of 3999 ETH ($10.64 million), and currently, Fidelity holds 450905 ETH ($1.2 billion).

ChainCatcher news, Tether CEO Paolo Ardoino stated, "The reason why JPMorgan analysts are dissatisfied is that they do not hold Bitcoin."Previously, JPMorgan analysts mentioned that in order to comply with the proposed stablecoin regulations in the U.S., Tether may need to sell some non-compliant assets— including Bitcoin, precious metals, corporate notes, and secured loans.

ChainCatcher message, according to the daily briefing from the Greeks.live Chinese community, the current Bitcoin market sentiment is cautiously optimistic, maintaining strength in the short term.The report points out that both implied volatility (IV) and realized volatility (RV) are currently low. In terms of options strategies, it is recommended that traders pay attention to the movements of large players and consider selling both call and put options simultaneously. In cryptocurrency-based options trading, it is advised to use static hedging rather than dynamic hedging (DDH) tools to address the Delta calculation differences between long-term and short-term options.

ChainCatcher news, according to The Block, the calls for auditing the Federal Reserve led by long-time critic Ron Paul are gaining momentum. Elon Musk, head of the newly established Department of Government Efficiency (DOGE), expressed support for the proposal, calling it a "good idea."Jordan Petsas, chair of the Department of Economics, Finance, and International Business at the University of Scranton, stated that if the Federal Reserve audit reveals issues such as excessive money supply, it could undermine public and investor confidence in the dollar. This concern over the stability of fiat currency may drive demand for alternative stores of value such as Bitcoin and gold.Cryptocurrency derivatives trader Gordon Grant pointed out that the Federal Reserve audit could prompt the American public to start questioning the robustness of their currency, potentially accelerating the shift towards physical assets, such as using tokenized gold for instant payment transactions, or turning to Bitcoin as an alternative option.

ChainCatcher news, Japanese listed company Metaplanet announced that it has completed a 4 billion yen (approximately 26 million USD) 0% unsecured ordinary bond financing to purchase more Bitcoin.Previous news, Metaplanet adjusted the use of the 4 billion yen funds, with part of it used to repay debts.