Cryptocurrency markets are trading lower on Friday after a $1.4 billion hack on Bybit dragged down the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $95,385.38 -3.1% Ethereum (CRYPTO: ETH) $2,634.96 -4.3% Solana (CRYPTO: SOL) $168.78 -3.5% XRP (CRYPTO: XRP) $2.52 -6.9% Dogecoin (CRYPTO: DOGE) $0.2400 -5.6% Shiba Inu (CRYPTO: SHIB) $0.00001494 -4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 12.3% and daily active addresses growing by 4%.

Utah is making significant progress on its Bitcoin reserve bill, which recently passed through the Senate Committee and is now moving toward a final vote. If passed, the bill would allow Utah to hold Bitcoin as part of its state reserves, diversifying assets while exposing the state to Bitcoin's price volatility, risks, and potential gains.

Sora Ventures has extended its Bitcoin investment agenda with a new yield offering dubbed MicroStrategy 2.0.

Bitcoin, the world's largest cryptocurrency, has been in a tight range for weeks, oscillating between approximately $106,000 and $90,500. For many traders and investors, this price action has raised questions about when the digital asset will break out of this consolidation phase.

Franklin Templeton filed for an exchange-traded fund on Friday that will track the spot price of Solana , reflecting the growing interest among asset managers to profit from the popularity of cryptocurrencies beyond bitcoin.

HK Asia purchased just one Bitcoin and saw its share price spike nearly 93% as a result.

The price of Bitcoin (BTC) has shed most of the gains it accrued in early trading hours after the industry faced another major hack event. Bitcoin price, on pace to breach the $100,000 price mark, is now fighting to hold the $96,000 support zone.

Rumors are rife as GameStop CEO Ryan Cohen followed Bitcoin Magazine and met Bitcoin advocate Michael Saylor

Brian Armstrong, the CEO of Coinbase, has recently made an audacious statement regarding Bitcoin that has caused quite a stir in the crypto industry. He recently proposed that Bitcoin could be regarded as “somewhat of a meme coin,” which sparked a debate among enthusiasts, analysts, and investors.

Bitcoin's price fell 3.07% to $95,086 on Feb. 21, 2025, as markets reacted to a $1.4 billion hack at Bybit and technical indicators signaled bearish pressure.

New data from market intelligence firm Santiment reveals three signals that possibly indicate an upcoming bull run for Bitcoin (BTC).

The total crypto market cap shed over $150 billion since the incident.

BitMEX is set to launch a new XBTJ25 futures contract, underlined and margined in Bitcoin, on February 25, 2025. The contract offers up to 100x leverage and will expire on April 25, 2025.

Bitcoin price staged a recovery this week, but data shows traders reducing their appetite for risk.

Financial markets do not only react to numbers but also to the feelings and expectations of investors. In the crypto universe, where volatility is the norm, every signal emitted by a major institution can influence trends.

Strategy co-founder Michael Saylor has urged the US government to acquire up to 20% of Bitcoin's (BTC) total supply, arguing that doing so could strengthen the dollar and potentially offset the national debt. Speaking at the Conservative Political Action Conference (CPAC) on Feb.

The altseason is potentially not predominantly dependent on BTC.D, but rather the trading volume.

Microsoft has presented a ground-breaking quantum computing technology that has the potential to transform the future of Bitcoin and cryptography. The tech behemoth unveiled the Majorana 1 chip, a game-changing step towards creating a utility-scale quantum computer.

Bitcoin drops to $95,600 amid weak US bond demand and a falling US Dollar Index. Can BTC sustain its rally? Read the latest analysis. The post Bitcoin at Risk? Weak Demand for US Bonds Raises Alarm Bells appeared first on Cryptonews.

Japan's first and only publicly listed Bitcoin (BTC) treasury company now owns one in every 10,000 of the king coin's capped supply. In a statement, the Japanese hotel and investment firm Metaplanet says that its Bitcoin holdings have reached 2,100 BTC, or 0.

Bitcoin (BTC), the leading digital currency, has shocked the broader cryptocurrency market with its price trajectory. Massive movements on the network have impacted prices in the last couple of hours, which might see the coin reclaim $100,000.

Bitcoin has soared past the $98,000 on Thursday, fueling intense debate among traders over whether the $100K milestone is again within reach or if the current rally is vulnerable to a swift correction. Behind the scenes, market observers point to surging open interest (OI) and increased leverage, spotlighting the possibility of a leverage-driven push.

Top cryptocurrencies—including Bitcoin, Ethereum, and Dogecoin—have nosedived amid rough inflation data and Friday's Bybit exchange hack.

On-chain data shows Bitcoin (CRYPTO: BTC) has maintained its strength comparatively to overall crypto market volatility as a major market move may be imminent. What Happened: In a post on X on Friday, analytics provider Glassnode showed meme coins experiencing sharp declines, with TRUMP (CRYPTO: TRUMP) dropping by 33.1% and Shiba Inu (CRYPTO: SHIBA) falling by 27.9%.

The co-founders of market intelligence firm Glassnode say that Bitcoin (BTC) is suddenly looking less bearish based on a key metric. In a new thread on the social media platform X, Jan Happel and Yann Alleman – who go by the handle Negentropic – say that Bitcoin's Risk Signal is flashing bullishness.

The American economy is facing a dynamic that could disrupt the existing balances: demand for long-term Treasury bonds is weakening, calling into question the strength of the dollar and fueling new economic uncertainties. As the Federal Reserve remains committed to a delicate monetary policy and inflation struggles to slow down, Bitcoin finds itself at a strategic crossroads.

Utah advances its Bitcoin reserve bill as Microsoft's quantum chip raises security concerns for BTC.

Jurrien Timmer, director of global macro at Fidelity, has once again drawn parallels between Bitcoin and gold, claiming that these two assets are playing on the same team.

The 90-day moving average of altcoin trading volume on centralized exchanges has risen since mid-November, potentially signaling the start of an altcoin season, according to CryptoQuant. CryptoQuant CEO and founder Ki Young Ju shared data showing the trading volume ratio of altcoins compared to Bitcoin (BTC) rose from 1.77 to 2.77 as of Feb. 20.

Bitcoin (BTC) has made modest strides in the past 24 hours, with the price rising by 1.02%. While this uptick might seem minor, a significant shift in the behavior of Bitcoin's long-term holders (LTHs) has caught the attention of market analysts.

Bitcoin is showing signs of strength by rallying within a hair of $100,000. Which altcoins will follow?

Is quantum computing threatening Bitcoin sooner than expected? On Wednesday, Microsoft unveiled its first quantum computing chip, dubbed “Majorana 1.

Acre, a pioneering Bitcoin platform, revealed today via a X post the successful closure of a $4 million strategic funding round, elevating its valuation to $90 million. The investment underscores growing confidence in Acre's mission to provide Bitcoin holders with secure, native compounding opportunities while bolstering decentralized networks' economic security.

VanEck's Head of Digital Assets Research, Matthew Sigel, has laid out a vision for how the U.S. Treasury could use Bitcoin (CRYPTO: BTC) to strengthen its balance sheet. What Happened: In a post on X on Friday, Sigel highlighted VanEck's estimates that if Bitcoin appreciates at 25% annually—rising from $100,000 today to $21 million per BTC by 2049—the reserve could offset 18% of the projected U.S. debt.

Bitcoin continues its spectacular rise in early 2025, reaching $98,404 on major exchange platforms. This increase comes against a backdrop of growing institutional adoption and promising technical signals, as traditional markets like gold and the S&P 500 also set new records.

Strategy aims to raise $2 billion in additional funding through a private offering of 0% convertible senior notes. In a statement, the largest corporate holder of Bitcoin (BTC) says the proceeds will be used for general corporate purposes, including the acquisition of the flagship crypto asset and working capital.

In a tweet, legendary trader Peter Brandt drew attention to a key time frame for Bitcoin (BTC) holders, suggesting that Feb. 24-26 could be a pivotal period for the market.

BN Fondos has launched the first Bitcoin and S&P 500-focused investment funds in Central America, positioning itself as a pioneer in the region's financial sector.

Altvest Capital has picked Bitcoin as its treasury asset, citing superior security, liquidity, and store-of-value characteristics over other digital assets.

He warned that not pursuing such a policy be risky, claiming that “there's only room for one nation-state to buy up 20% of the network.”

Long-term Bitcoin holders reduce selling by 60%, signaling confidence in a potential $120K price surge.

Bitcoin has been on a remarkable recovery path, with many predicting the cryptocurrency could soon break the $100,000 barrier. However, recent trends suggest that this rally may face significant challenges.

A Fidelity Digital Assets report indicates that Bitcoin's primary scaling solution is growing at roughly twice the rate shown by public data because much of its network activity remains private.

Conference Bitcoin Afrique aims to empower the French-speaking Bitcoin community across Africa.

It will mark the first time that Costa Ricans will have access to any type of crypto investment product through the country's banking system.

South African AltVest Capital plans to add Bitcoin to its treasury reserve. AltVest Capital plans to raise $10 million to buy more Bitcoin.

Cryptoquant founder and CEO Ki Young Ju has revealed that the altcoin season has kicked off because stablecoin holders were favoring alts. Altcoins volume has also reached 2.7x that of Bitcoin.

The move happened as crypto exchange Bybit saw a sudden $1.4 billion worth of ETH outflow.