Tag: Doge

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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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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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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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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