Bitcoin (BTC) Price May Reach $1.5 Million by 2030 — Cathie Wood

Bitcoin (BTC) has been trading under the key $100,000 level since Feb. 4, as investor sentiment has been pressured by global trade war concerns

Bitcoin (BTC) stood below the key $100,000 level since Feb. 4, as investor sentiment was impacted by global trade war concerns following import tariffs announced by the U.S. and China.

Despite the market setback, Bitcoin’s chances of reaching $1.5 million a coin have improved, according to Wood.

“Many people know us for our [Bitcoin] bull case, $1.5 million,” she said during a video published on Feb. 11, adding:

“We put that out there in 2021, and we're sticking with it. I think the odds of that happening are increasing.”)

Bitcoin retail, ETF outflows total $494 million; analysts eye market bottom

Retail investors are increasingly selling their Bitcoin holdings amid rising institutional outflows and global geopolitical tensions.

The number of Bitcoin (BTC) addresses with a non-zero balance fell below 52.5 million, marking a five-month low last seen in September 2024, according to Glassnode data.

In comparison, the Bitcoin network boasted over 52.6 million such wallets on Jan. 20, when Bitcoin reached an all-time high of $109,000, Cointelegraph Markets Pro data shows.

However, the majority of the selling pressure was driven by the U.S. spot Bitcoin exchange-traded funds (ETFs).

The Bitcoin ETFs saw more than $251 million of cumulative net outflows on Feb. 12, marking the third day in a row of net negative outflows, totaling $494 million, according to Farside Investors data.

Still, some analysts say the crypto market is setting up for a reversal, based on growing accumulation among large Bitcoin holders known as whales.

Binance co-founder clarifies token listing process amid TST controversy

A Binance co-founder addressed concerns over the exchange’s token-listing criteria following the rapid rise and fall of the Test (TST) token, which briefly reached a $500-million market capitalization.

Most retail cryptocurrency investors allocate capital through centralized exchanges (CEXs) like Binance and Coinbase, with CEX-listed tokens getting significant attention and high investor demand.

The most important criterion for a token listing is its return on investment (ROI), which is calculated by comparing its first-day average price to quarterly performance across other CEXs, Yi He, co-founder of Binance, told Colin Wu in an interview published on Feb. 10.

Binance’s second benchmark is the project’s ability to bring innovation and new users to the industry that may “evolve into dedicated blockchain users over time.”

The third and final criterion, involving “high-profile projects with significant market buzz and valuations,” examines a token’s market performance on other major exchanges.

Ethereum TVL approaches three-year high — Will ETH price follow?

Ether (ETH) price has declined by 21% since Jan. 31, struggling to stay above $2,800 over the past week. Investor sentiment has weakened amid this underperformance, which was also accompanied by a 12% decline in the total cryptocurrency market capitalization over the same period.

Bulls continue to place their hopes on Ethereum’s dominance in total value locked (TVL), especially after the metric climbed to its highest level since 2022. Still, increased deposits don’t necessarily indicate higher network activity or greater transaction fee generation.

TVL measures the value of assets deposited in smart contracts across various applications, including liquid staking, lending protocols, decentralized exchanges, yield farming platforms, crosschain bridges, tokenized assets and privacy mixers. Ethereum’s TVL reached 21.8 million ETH on Feb. 11, marking its highest level since October 2022. According to DefiLlama data, this represents an 11% increase over the previous month.

Lido v3 debuts institutional staking upgrade as US awaits staked ETH ETF

Lido, the largest liquid staking protocol, has introduced Lido v3, an upgrade designed to offer greater flexibility and composability for institutional Ether (ETH) stakers.

The update features stVaults, modular smart contracts that allow institutions to customize staking setups, ensuring compliance and operational control, according to an announcement shared with Cointelegraph.

Lido v3 is “a major lead forward for Ethereum staking,” according to Konstantin Lomashuk, a founding contributor at Lido protocol.

“A significant percentage of Lido’s TVL already comes from institutions, and demand is only growing,” Lomashuk told Cointelegraph, adding:

DeFi market overview

According to data from Cointelegraph Markets Pro and TradingView, most of the 100 largest cryptocurrencies by market capitalization ended the week in the green.

The PancakeSwap (CAKE) token rose over 95% as