Bitcoin’s Trojan Horse: This Florida Bill Could Turn The GOP Orange
Florida’s Strategic Bitcoin Reserve (SBR) bill could put the cryptocurrency on the state’s balance sheet—while also potentially reshaping the Republican Party’s stance. The bill, officially known as “SB 550: Investments of Public Funds in Bitcoin,” has gained momentum in Tallahassee and drawn national attention thanks to a high-profile advocate...
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Bitcoin ETF outflows soar over 700%, led by Fidelity’s FBTC
U.S. spot Bitcoin ETFs saw a big spike in net outflows on Feb. 24, with most of it coming from Fidelity and BlackRock’s funds as market sentiment turned sour. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded…...
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Crypto Greed Index Flashes ‘Extreme Fear’ as Market Drops 10%
Crypto traders are feeling the jitters today. The widely-watched Crypto Fear and Greed Index, a market indicator that uses social media posts, volatility, trends and prices to gauge trader sentiment, dropped to a five-month low of 25 in its latest update. That’s a big fall from yesterday’s figure of...
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Korean crypto exchange Upbit hit with 3-month restriction on new user transfers
South Korean crypto exchange Upbit faces a three-month suspension on new user transfers following violations of local regulations. One of the largest Korean crypto exchanges Upbit has been hit with a three-month suspension on new user transfers by the the…...
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Crypto liquidations tally over $1b, why is crypto crashing?
The crypto market is in a state of widespread panic as total crypto liquidations reached over $1.30 billion in the span of 24 hours. Traders on X are accusing exchanges of ‘capping’ long liquidations and manipulating the market. According to…...
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Hunting for the next SPX6900? Analysts say Catzilla could deliver 12,000% returns
Catzilla is the latest meme coin gaining attention, with a presale structure that could offer significant returns as it progresses through 14 stages. #partnercontent...
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Ethena’s ENA to be listed on Bithumb’s KRW market today
Bithumb, one of South Korea’s leading crypto exchanges, is set to add Ethena to its Korean Won market today. According to Bithumb’s official announcement, trading for Ethena (ENA) will begin at 6:00 PM KST on Tuesday, Feb. 25, 2025. Deposits…...
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Crypto crash: $325b vanishes as liquidity evaporates
The crypto market has lost over $325 billion since Friday, with almost half of that wiped out in the last 24 hours. According to The Kobeissi Letter, the crypto market cap has shed over $325 billion since Friday. Within the…...
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Bitcoin Crashes Below $89,000 as Selling Pressure Grows
The value of Bitcoin has dropped dramatically, going below $89,000 after failing to hold important support levels. The recent fall has sent investors into panic, especially as short-term holders (STHs) are expected to sell. Source: https://www.cnbc.com/2024/11/25/bitcoin-btc-march-to-100000-stalls-heres-whats-going-on.html The SOPR metric, measuring […] The post Bitcoin Crashes Below $89,000 as Selling...
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Here’s why Bitcoin price dropped below $90k
Matrixport sees growing risk of deeper decline as Bitcoin slips below key pattern amid low trading activity. Bitcoin (BTC) broke out of an ascending broadening wedge, a typically bearish pattern, with a 6.78% drop that pushed its price down to…...
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