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news-imageFebruary 27, 2025

Crypto market update: BTC, KAITO, Aptos, and Stacks

While Bitcoin remains below the supply zone around $90k, bulls have seen BTC bounce from lows of $82k hit on Wednesday as cryptocurrencies crashed. Despite the lingering economic concerns and tariffs, Bitcoin has reclaimed the $86k area. Several altcoins have also held up at key support levels, including Ethereum, XRP and Solana.
Publisher: Invezz
Sentiment: Neutral
APT
BTC

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Positive
cover-imageCrypto Economy
February 27, 2025

Stacks' STX Surges 11% as sBTC Adoption Grows

TL;DR Companies like Jump Crypto, SNZ, and UTXO have made strong commitments to this innovative Bitcoin solution. Due to this, the value of the Stacks' token has increased by more than 11%, currently trading at $0.8629.

Negative
cover-imageThe Currency Analytics
February 27, 2025

Bitcoin's Market Shift: Entering a Bear Phase

Bitcoin's [BTC] market dynamics in early 2025 have shifted dramatically, suggesting a potential transition from a bullish to a bearish phase. Key indicators, including long-term holder activity, market cycle shifts, and capitulation events, have provided valuable insights for traders navigating this evolving landscape.

Positive
cover-imageCrypto Economy
February 27, 2025

Bitwise Registers Aptos ETF in the U.S.- APT Skyrockets!

TL;DR Bitwise has registered the “Bitwise Aptos ETF” in Delaware, signaling its intent to file a formal application with the SEC to launch a fund based on Aptos (APT). APT's price surged 10.63% in 24 hours, defying the bearish trend in the crypto market and highlighting the growing interest in this Layer 1 blockchain.

Positive
cover-imageBitcoin
February 27, 2025

Metaplanet Issues $13.6 Million in Zero Percent Bonds to Buy More Bitcoin

Tokyo-based Metaplanet Inc. has announced the issuance of its 7th series of ordinary bonds to raise $13.6 million (2 billion yen) to fund additional bitcoin purchases. The move, approved on Wednesday, Feb. 27, aligns with the company's growing bitcoin treasury strategy. This follows Metaplanet's recent $12.9 million purchase, expanding its holdings to 2,235 BTC.

Negative
cover-imageThe Motley Fool
February 27, 2025

If There's Ever a Trade War, Should You Buy Bitcoin or XRP?

With well-grounded fears of a trade war swirling and causing volatility in the traditional financial sector as well as in cryptocurrencies, you don't have to be a particularly skittish investor to be concerned about your portfolio at the moment. Even quality assets like XRP (XRP 0.22%) and Bitcoin (BTC -0.88%) are showing some shakiness.

Positive
cover-imageCryptoSlate
February 27, 2025

Bitwise sparks Aptos rally amid crypto downturn with potential ETF

The Aptos (APT) token defied the broader crypto market downturn, surging over 8% after Bitwise registered an interest in launching a spot exchange-traded fund (ETF) focused on the asset. While major cryptocurrencies like Bitcoin and Ethereum dropped more than 3% during this period, APT outperformed the top 50 digital assets, reaching $6.

Positive
cover-imageThe Currency Analytics
February 27, 2025

Oklahoma's Bitcoin Reserve Act Nears Final Vote

Oklahoma is on the verge of becoming the first U.S. state to integrate Bitcoin (BTC) into its public financial reserves, with the Strategic Bitcoin Reserve Act (HB 1203) set to undergo a final vote. If passed, this legislation would allow Oklahoma to invest up to 10% of its public funds into Bitcoin and other digital assets with a market cap exceeding $500 billion.

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