HK Asia Holdings Limited, a Hong Kong-based investment firm, has made another significant move in the cryptocurrency space, purchasing an additional 7.88 BTC worth $761,705. This decision follows an extraordinary 1,700% surge in the company's stock price, highlighting its growing focus on digital asset investments and bolstering its position in the expanding crypto market.

Many altcoins have registered massive price losses over the past day.

Metaplanet and El Salvador increased their Bitcoin holdings ahead of a significant market downturn on February 25, when Bitcoin prices dropped by 5%. The post Metaplanet and El Salvador Acquire More Bitcoin Amid Market Slump appeared first on Cryptonews.

Bitcoin is evolving in a context of uncertainty marked by economic fluctuations and contradictory signals in the financial markets. Amidst the resistance of safe-haven assets, low volatility, and macroeconomic expectations, investors are scrutinizing the upcoming market movements.

Bitcoin's price recently dipped below $91,000, marking its lowest point in months, causing a ripple effect throughout the broader crypto market. In just 24 hours, over $100 billion in market value was wiped out. This has led to increased uncertainty, with Bitcoin down by 5% and altcoins suffering even bigger losses.

On-chain data shows the Bitcoin Hashrate has observed a sharp drop recently. Here's what this could mean for the asset's price.

Montana's ambitious Bitcoin reserve bill, House Bill 429, met an unexpected setback on February 22, 2025, when it was rejected by the state's House of Representatives in a 41-59 vote. The bill aimed to create a special fund for investing in digital assets like Bitcoin, stablecoins, and precious metals.

The Tokyo-listed firm disclosed on Tuesday that it acquired an additional 135 BTC, as it continues its bitcoin accumulation strategy.

El Salvador has resumed Bitcoin acquisitions, buying seven BTC equivalent to $661,000 per Arkham Intelligence reports. This is the first time it has made a Bitcoin purchase since it halted its daily purchase plan on February 18.

South Dakota lawmakers effectively killed a bill that would have allowed the state to invest in Bitcoin by deferring the vote beyond the legislative session's limit.

While South Dakota lawmakers rejected the bill citing volatility concerns, Rep Logan Manhart plans to push for its revival next year.

Large hedge funds playing the ETF arbitrage game are starting to unwind their positions, putting more selling pressure on Bitcoin, says BitMEX co-founder Arthur Hayes.

Bitcoin-stacking Metaplanet bought at $96,185, while El Salvador bought at around $94,050 per Bitcoin.

Bitcoin (BTC) has dropped below $95,000 and risks a further decline amid the ongoing market retrace. As February comes to an end, some analysts consider the flagship crypto needs to reclaim some crucial levels to continue its bullish long-term trend.

February 25, 2025 05:31:34 UTC Crypto Liquidations Fuel $950M Sell-Off After Tariff Announcement Bitcoin fell to a multi-week low, triggering $950 million in liquidations after President Trump announced a return to 25% tariffs on over $900 billion in Canadian and Mexican imports, raising inflation fears.

The crypto market tumbled as Trump reaffirmed tariffs on Mexico and Canada, sparking investor anxiety, with Bitcoin slipping below $92,000. The post Bitcoin, Ethereum Tumble With $900M in Crypto Liquidations on Tariff Worries appeared first on Cryptonews.

The crypto markets are witnessing massive sell-offs, which have dragged the major cryptos below their pivotal support levels. Bitcoin dropped below $94,000 initially and later formed the bottom below $92,000 and interestingly, it does not appear to halt the ongoing bearish trend.

Metaplanet has added 135 Bitcoin to its treasury, strengthening its position as one of Japan's most active corporate Bitcoin investors. On Feb. 25, the company announced the 1.939 billion yen ($12.

The cryptocurrency market faced a sharp downturn on Monday, with Bitcoin (BTC) plunging to $90,000 and leading altcoins following suit. Ethereum (ETH), XRP, and Solana (SOL) saw steep declines as investor sentiment turned bearish amid mounting concerns over global trade tensions.

Crypto market crash continues to extend further as the Bitcoin price takes a dip all the way to $91,000 levels with overall market liquidations soaring all the way to $914 million. Altcoins could be facing an even greater crash amid a liquidity crisis-like situation.

Prominent economist and market analyst Peter Schiff has weighed in on Strategy Inc.'s investment in BTC and noted the firm's declining share price and reduced Net Asset Value (NAV) premium. He further mentioned that, relative to doing leveraged Bitcoin buying, the stock has underperformed.

The cryptocurrency market has been shaken by fear, uncertainty, and doubt (FUD) following the Bybit hack, triggering increased volatility. This uncertainty has impacted investor sentiment, with digital asset investment products recording $508 million in net outflows, primarily from Bitcoin.

Ripple CTO David Schwartz has weighed in on the ongoing debate about Bitcoin (BTC), Ethereum (ETH), and the XRP Ledger (XRPL), emphasizing XRPLs technical advantages. Responding to an X users comparison of transaction models, Schwartz stated that while Bitcoin dominates due to brand recognition rather than technical superiority, XRPL offers clear benefits over Bitcoin.

Fifteen years ago, on February 24, 2010, Bitcoins pseudonymous creator, Satoshi Nakamoto, introduced a new logo that would shape Bitcoins visual identity. Initially, Bitcoins logo featured a gold coin inscribed with BC.

Bitcoin (BTC), the largest cryptocurrency by market cap, is at a crucial juncture as key metrics hint at an imminent momentum shift. Glassnode data reveals that Bitcoins Short-Term Holder Spent Output Profit Ratio (STH-SOPR, 7D SMA) is testing the critical 1.0 breakeven level.

Solana has plunged 45% against Bitcoin, marking one of the most significant market shifts of 2025. While SOL has suffered heavy losses, Bitcoins rising dominance signals a liquidity outflow from altcoins.

Bitcoin slipped 0.8% to $95,610.2 on Monday after a 1% weekly drop, as investors remained cautious over the U.S. interest rate outlook. Weak economic data fueled uncertainty, with Services PMI falling to 49.7 in February from 52.9 and Michigans consumer sentiment index hitting a 15-month low at 64.7.

Crypto Prices Today (February 25): The broader market action set off severe investor concerns on Tuesday, showcasing an alarmingly slumping trajectory. Bitcoin (BTC) price hit a $90K low in the past 24 hours, whereas Ethereum (ETH) slipped below $2,500.

On-chain data shows a Bitcoin indicator is currently retesting a level that has historically acted as a boundary line between bearish and bullish momentum. Bitcoin Short-Term Holder SOPR Is Retesting 1.0 Right Now In a new post on X, the on-chain analytics firm Glassnode has discussed about the latest trend in the BTC Spent Output Profit Ratio (SOPR) of the short-term holders.

The launch of the $1 billion bitcoin treasury by Rezolve Ai starting with an initial $100 million investment, aims to support its AI-powered crypto payment platform in collaboration with Tether. The initiative aims to accelerate the mainstream adoption of bitcoin and digital payments in retail commerce.

Bitcoin price crashed below $93,000 for the first time in over three weeks as concerns about tariffs and the upcoming NVIDIA earnings rose. BTC's crash has pushed the MVRV-zcore to the lowest level since November 9 of last year. That is a sign that the coin has become cheap, and that it may rebound soon.

Strategy – the Bitcoin (BTC) treasury company formerly known as MicroStrategy – has scooped another 20,356 BTC in its latest cryptocurrency acquisition. The purchase has pushed the firm's total holdings to 499,096 BTC.

Bitcoin drops below $92K despite Michael Saylor's bullish strategy. Will $92K support hold, or is a decline to $85K on the horizon? The post Billionaire Michael Saylor Eyes More Bitcoin – Is a Supply Squeeze Incoming? appeared first on Cryptonews.

Bitcoin price started a fresh decline below the $95,000 support. BTC must stay above the $90,000 zone to avoid more losses in the near term.

El Salvador's renewed Bitcoin purchases highlight its commitment to crypto integration despite IMF agreements, impacting global crypto policy trends. The post El Salvador resumes Bitcoin purchase after one-week pause, adding $661,000 in BTC appeared first on Crypto Briefing.

SEC drops Robinhood probe, signaling a crypto policy shift. Will this impact XRP's legal battle and ETF approval prospects?

Tariffs, weakness in AI stocks, and liquidations have pushed Bitcoin to a three-week low as investors weigh macro risks and the Bybit hack.

Bitfinex analysts said Bitcoin is mirroring traditional markets, and its lack of price momentum has “led to a period of contraction” for crypto markets.

A bill that sought to enable South Dakota tap state money to invest in Bitcoin has been blocked. House Bill 1202, introduced by Representative Logan Manhart, proposed creating a Bitcoin reserve for South Dakota.

Bitcoin (BTC) extended its decline on Monday, pressured by widespread bearish sentiment across the crypto market and ongoing weakness in US stocks.

HK Asia Holdings doubles down on its Bitcoin investment strategy, purchasing an additional 7.88 BTC

Bitcoin spot traders have made a significant impact on the cryptocurrency market, purchasing over $1 billion worth of Bitcoin in the past week. This aggressive buying activity has managed to offset the $552 million in outflows from Bitcoin exchange-traded funds (ETFs), primarily driven by institutional investors.

Despite strong industry momentum, three state-level Bitcoin Reserve bills have already failed. These failures have only happened because several Republican members voted against the bills.

Bitcoin's failed breakout above $98k has led to a significant 3% price drop, with the wider crypto market following suit as total market cap decreased by 6% to $3.1 trillion.

A proposal in the Montana House of Representatives to introduce a state Bitcoin reserve fund has failed. The Inflation Protection Act, as it was called, was passed by the House Business and Labor Committee, but voted down by the full House on its second reading on Feb. 22.

Bitcoin's price tumbled Monday evening around 6 p.m. ET after news spread that U.S. President Donald Trump announced plans to impose a 25% tariff on Canadian and Mexican imports, set to take effect March 4, 2025. The development aligned with afternoon drops in major U.S.

Bitcoin (BTC dropped below $92,000 on Monday as former President Donald Trump reaffirmed his administration's plan to impose tariffs on imports from Canada and Mexico, triggering a widespread sell-off across markets. Based on CryptoSlate data, the flagship crypto was down 4.