Prix de Act I : The AI ProphecyACT

The cryptocurrency unit of the American financial services company Robinhood is now in the clear as the Securities and Exchange Commission (SEC) has closed its investigation into the business. According to a blog post by Robinhood, the SEC revealed in a letter dated February 21 that it had wrapped up its investigation into the firm’s crypto operations and did not intend to bring any enforcement action against the company. SEC Closes Investigation Against Robinhood Recall that the SEC hit Robinhood with a Wells Notice in May 2024, indicating a threat of legal action over the firm’s alleged securities violations. CryptoPotato reported that Robinhood had allegedly violated Sections 15(a) and 17A of the Securities Exchange Act of 1934, which prohibited the company from inducing the sale of securities unless registered with the SEC and defrauding customers of their money through material omissions or misstatements. Possible remedies for the charges, if filed, included disgorgement, civil money penalties, a cease-and-desist order, and limitations on activities. The Wells Notice came 15 months after the SEC sent an investigative subpoena to Robinhood regarding its crypto operations. While responding to the agency’s actions last year, Robinhood said it was disappointed because it had made attempts to register its business and comply with the agency’s regulations. Regardless, the company insisted that the SEC’s case was weak because the assets on its platform were not securities. In the recent blog post announcing the Commission’s latest decision, Robinhood maintained that it had made difficult choices to delist certain assets classified as securities under the former SEC chair Gary Gensler, even though it disagreed with the argument that most crypto transactions were subject to federal securities laws. Robinhood Maintains Innocence Nevertheless, the company acknowledged the transition from a period of regulation by enforcement to a time of “regulation by regulation.” Crypto market participants will be provided with a clear regulatory framework, as promised by President Donald Trump during his election campaign. “We applaud the staff’s decision to close this investigation with no action. Let me be crystal clear—this investigation never should have been opened. Robinhood Crypto always has and will always respect federal securities laws and never allowed transactions in securities,” Robinhood’s chief legal officer Dan Gallagher said, adding “As we explained to the SEC, any case against Robinhood Crypto would have failed.” Meanwhile, Robinhood is not the only crypto company getting pardoned by the SEC. The securities agency has paused its lawsuit against the crypto exchange Binance and intends to withdraw a similar case against the trading platform Coinbase. The post Robinhood’s Crypto Unit Cleared as US SEC Wraps Up Investigation Without Action appeared first on CryptoPotato.

A 5% price slump in 10 hours did not deter Japan’s investment firm Metaplanet from stacking 135 Bitcoins to its holdings for at least $12.9 million, continuing with its Bitcoin accumulation strategy. According to an announcement by the Tokyo-listed firm, it bought its latest stock at an average price of $95,951 per coin. As a result, the company boosted its total Bitcoin holdings to 2,235 BTC, up from 1,761 BTC at the end of last year and 141 BTC at the end of June 2024. Price the Lowest During the Last Five Months The latest purchase by Metaplanet came just before the flagship cryptocurrency’s price fell slightly below $91,000 during early trading hours on February 25. However, the price has since rebounded to around $92,000 by the time of writing. Crypto analysts have quickly observed that the price early Tuesday was the lowest during the last five months. The Japan-based firm’s latest purchase brings its total Bitcoin stash to 2,235, worth over $205 million. The Metaplanet strategy With the ongoing Bitcoin accumulation strategy, Metaplanet is now up around 12.7% on its BTC investment when the company formally announced it was adding Bitcoin to its portfolio and embraced it as a treasury asset in April 2024. However, the firm noted that its BTC Yield, referring to the percentage change in the ratio between BTC holdings and diluted shares, was up 23.3% in Q1 2025, meaning it was on track to achieve a 35% target per quarter for Q1. According to data from BitBo’s BitcoinTreasuries.NET data, Metaplanet is currently the world’s 14th largest corporate Bitcoin holder. The Target is 10,000 BTC A Target of Acquiring At Least 10,000 Bitcoins Following in the footsteps of Michael Saylor’s Strategy, Metaplanet officially began a Bitcoin accumulation strategy that made the flagship cryptocurrency one of its core business lines. According to the firm’s CEO, Simon Gerovich, the firm has a target of acquiring at least 10,000 Bitcoins by the end of 2025, with plans to push the stack up to 21,000 BTC by the end of 2026. Speaking of the plans at the beginning of the year, Gerovich stated: “This year, we’re laser-focused on execution and driving even greater value for our shareholders […] the company will explore opportunities to “grow Metaplanet’s impact in Japan and the bitcoin ecosystem.” El Salvador also bought more BTC El Salvador Took Advantage of the Price Slump Meanwhile, El Salvador took advantage of the price slump to buy an additional six BTC following its one Bitcoin per day. The El Salvador National Bitcoin Office reported that the latest purchase by the Central American country takes its total Bitcoin stash to 6,088 Bitcoin, worth $560.7 million at current prices. El Salvador has continued with its Bitcoin accumulation strategy after agreeing to end some Bitcoin policies as part of a $1.4 billion deal with the International Monetary Fund. Among the agreements was to stop making it mandatory for merchants to accept Bitcoin as payment. Conclusion Like Strategy, Metaplanet is progressing with its Bitcoin accumulation strategy and aims to achieve the 10,000 target by the end of 2025. Should everything work according to plan, the company’s strategy could become an example for other businesses aiming to include BTC in their balance sheets. Frequently Asked Questions (FAQs) Why is Metaplanet acquiring Bitcoin? Bitcoin is emerging as a leader in a new realm of wealth management, prompting companies to rethink how they invest and manage their assets. What is the company’s game plan? The company plans to acquire up to 10,000 BTC by 2025 and achieve a 21,000 BTC target by the end of 2026. How is the program impacting the crypto market? The Tokyo-listed company’s decision to make Bitcoin an integral part of its portfolio highlights institutional acceptance, which enhances Bitcoin’s legitimacy as an asset class and could attract more investors to the space. What is Metaplanet’s endgame? By diversifying into Bitcoin, the company has positioned itself to benefit from the growing acceptance of digital assets. Appendix: Glossary to Key Terms Metaplanet: A Japanese investment firm often nicknamed the “Japanese version of Strategy” for incorporating Bitcoin as a significant asset. Bitcoin: A cryptocurrency designed to act as money and a form of payment outside the control of any one person, group, or entity. BTC Yield: The percentage change in the amount of Bitcoin the company owns per share. Balance sheet: A financial statement containing details of a company’s assets or liabilities at a specific time. References Cointelegraph One Safe

Aggregated Structure of 4 $ACT orderbooks just changed. There is now 31.69% more asks than bids within a 10% depth. Bids sum: $893,614.57 - Asks sum: $1,176,775.57 ️⚖️ 🔴️

Oklahoma’s Strategic Bitcoin Reserve Act (HB 1203 ) has advanced past the House Government Oversight Committee with a 12-2 vote and will now proceed to a full House floor vote. If enacted, the bill would integrate Bitcoin into the state’s financial planning. The bill, sponsored by Representative Cody Maynard and Senator Frix, received support from 12 committee members, with 2 opposing votes. Representative Hays was added as a coauthor. The committee has issued a “DO PASS” recommendation, signaling strong legislative backing. A recent tweet from Cointelegraph reports that the bill could allow Oklahoma to allocate 10% of public funds into Bitcoin or other digital assets exceeding a $500 billion market cap. While the bill does not explicitly mention these figures, multiple states, including Arizona and Utah, are exploring similar digital asset reserves. 🇺🇸 TODAY: Oklahoma’s Strategic Bitcoin Reserve Act (HB 1203) has passed the House committee, advancing for a House floor vote next. The bill allows the state to invest 10% of its public funds into Bitcoin or any digital asset with a market cap of over $500B. pic.twitter.com/6TJl9JZsKd HB 1203 seeks to create a Bitcoin reserve owned by the state, which may involve savings accounts and pension funds. The reasoning is that Bitcoin is a valuable asset for stability due to its decentralized system and its supply is capped. Oklahoma can increase its financial stability by diversifying in digital assets. Its supporters argue it can make Oklahoma a blockchain leadership destination, attracting crypto-related businesses and investment. The move is in sync with other states, for example, Texas and Pennsylvania , which consider Bitcoin reserves. Its volatility, regulatory uncertainty, and security risk have been criticized. Critics argue public funds should not be left in market hands without firm protections. The bill will proceed for a vote on the House floor. If it is approved, it proceeds to the Senate before it can reach the Governor for signature. If it is signed, Oklahoma can potentially be among the first states in which Bitcoin is part of its monetary policy, setting a precedent for other states thinking about such a policy. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

According to SolanaFloor , Oklahoma is moving forward with legislation that would see the state investing in Bitcoin and other digital assets. House Bill 1203 has passed through the Oklahoma State House Committee on a strong 12-2 vote. The bill, otherwise known as the Strategic BTC Reserve bill , allows the state treasury to invest as much as 10% of public money in Bitcoin or digital assets that have a market value of over $500 billion. The bill is now pending a full House of Representatives vote. Rep. Cody Maynard spearheaded this legislative effort, supported by crypto enthusiasts. Oklahoma has also been actively pushing Bitcoin adoption since January 9, 2025, when State Senator Dusty Deevers filed the Bitcoin Freedom Act (SB325). The legislation seeks to make Bitcoin transactions possible between state agencies, businesses, and private transactions. Deevers emphasizes that Bitcoin can be used as an inflation hedge, insulating Oklahomans’ financial security. The state’s commitment to Bitcoin is evident from past legislation. In May 2024, Oklahoma passed the Bitcoin Rights Bill (HB3594), ensuring legal protection for digital asset transactions. Residents are permitted to self-custody their digital assets under this law, which also forbids additional taxes and any state-imposed limitations on the use of Bitcoin. A more favorable climate for cryptocurrency activities is also created by protecting Bitcoin miners from needing a money transmitter license. Deevers considers Bitcoin’s decentralization a protection of money. He aligns with ex-President Donald Trump in his Bitcoin-friendly position, arguing that decentralization would protect against reckless government spending. If Oklahoma passes HB1203, the state could become a financial technology innovation national leader. Meanwhile, Bitcoin is facing critical market movements. Currently, BTC trades at 86,539 USDT, testing a crucial support zone. The 0.618 Fibonacci retracement level at 83,308 USDT presents a key demand area. A bounce from this level could drive prices back to the 92,500 USDT resistance. However, a breakdown could push BTC toward the 66,810 USDT support. The market structure indicates a retracement phase, with increased volatility. Traders are closely watching whether BTC holds above 83,308 USDT. If buying pressure builds, Bitcoin could resume its bullish momentum. Conversely, failure to maintain support may lead to further declines. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.