BlackRock deposits 1514 BTC and 24,472 ETH to Coinbase

February 24th — Per CoinDesk, Strategy founder Michael Saylor noted: “No successful tech investment has escaped a 45% drawdown or that stretch of ‘desolation.’ Our drawdown has lasted 137 days so far, but it could take two or three years. If it takes seven years like Apple did—then congrats. Exactly like Apple.” Saylor urges Bitcoin holders to look at Apple Inc. (AAPL)—not today’s Apple, but the 2013 version. Back then, the stock had fallen 45% from its all-time high, its P/E ratio was under 10, and the market dismissed it as a hopeless “cash cow.” Even though the iPhone was already a necessity for more than a billion people, investors weren’t buying it. Apple didn’t fully reclaim its prior market value until seven years later.

Feb. 24 — White House Press Secretary Levitt said President Trump will issue several policy statements tonight. (Golden Ten)

February 24 (Businesswire) — WisdomTree, Inc. today announced it will launch 24/7 trading and real-time settlement for its WisdomTree Treasury Money Market Digital Fund (WTGXX). This marks the first time in U.S. regulatory context that registered tokenized mutual fund shares will be permitted to deliver 24/7 trading and real-time settlement via a dealer-led, proprietary liquidity model. For funds regulated under the Investment Company Act of 1940, this capability is unprecedented — a major advancement for the tokenized securities market relative to traditional markets. Real-time settlement lets investors access income-generating assets instantly, eliminating the T+1 delay of traditional markets, reducing fund detention, and unlocking the efficiency and liquidity advantages of tokenized assets.

On February 24, Federal Reserve’s Bullard said he’s optimistic about further rate cuts this year if inflation starts moving back toward the central bank’s target. (Forex Live)

**Bitcoin Drops Below $63k on Tuesday Amid Geopolitical Risks, Tariff Tensions** February 24, CNBC reported Bitcoin fell below the $63,000 level on Tuesday as investors navigated rising tariff tensions and broader geopolitical risks. Christopher Hamilton, Invesco’s Head of Client Investment Solutions for Asia Pacific, noted the crypto’s decline is less a crypto-specific shock and more a classic risk-off move. “This isn’t a structural unwind—it’s likely tactical derisking,” Hamilton added.

**February 24th Update** Bitfinex Alpha’s latest report notes Bitcoin remains locked in range-bound consolidation, with its February 5 pullback marking the deepest decline of the current cycle to date. Volatility has cooled and momentum has weakened, signaling the market is shifting from liquidation-driven drops to a more balanced environment. On-chain data shows most of the recent sell-off was absorbed by the $60,000–$69,000 demand zone. Holders in this range are near breakeven and have largely avoided accelerated selling, which has stabilized prices and spurred further consolidation. Bitcoin ETFs posted net outflows of around $166 million last week, while Ethereum products continue to see redemptions—indicating institutional accumulation has yet to resume. Though weekend inflows delivered initial stability signals, overall liquidity remains depressed. The risk-reward ratio is shrinking toward historical defensive levels, reflecting limited capital inflows into the network.