RSI screams oversold, but is a recovery around the corner or is Bitcoin's worst drop yet to come?
Bitcoin Magazine Stablecoins, Not Bitcoin, In Focus At First U.S. Digital Assets Subcommittee Hearing Senators and key figures from the crypto industry discuss all things stablecoins at the first-ever hearing hosted by the newly-established Senate Banking Subcommittee on Digital Assets. This post Stablecoins, Not Bitcoin, In Focus At First U.S. Digital Assets Subcommittee Hearing first appeared on Bitcoin Magazine and is written by Frank Corva.
US spot Bitcoin ETFs recorded the largest outflow on Feb. 25, with $937.9 million pulled out of the funds in a single day. This massive exit, the biggest since the ETFs launched in January 2024, reflects a growing unease in the crypto market.
Michael Saylor announced via X on Feb. 26, 2025, that his March 11 Bitcoin for America keynote will outline a theoretical strategy to pay off the U.S. national debt, currently at $36 trillion, using bitcoin. Turning Bitcoin Into Trillions: The Controversial Idea to Zero Out U.S.
Bitcoin price swept 3 month lows again as liquidations, spot BTC ETF outflows and new Trump tariff threats against the EU took a heavily toll on markets.
After breaking below an ascending moving average, XRP dropped to $2.24, indicating that momentum on the asset is growing, but in the wrong direction for bulls. Unfortunately, the cryptocurrency is entering a sustainable downtrend, and things might get even worse for the price in the foreseeable future.
MARA Holdings said it took a “strategic pause” to the first wave of AI to see how it shakes out but now appears ready to jump in.
MicroStrategy's CEO Michael Saylor has called on Jeff Bezos to use Bitcoin as a means of supporting freedom of choice and free markets. According to Saylor, Bitcoin is an open protocol for enhancing personal freedom and expanding free markets through networks.
In the past two days, the Bitcoin price has tumbled more than 10%, rattling a crypto market that had seen a sustained period of relative stability. The pullback has left investors questioning the role of US spot-based Bitcoin ETFs in the downturn, as data emerges revealing significant outflows from these products.
El Salvador has finally begun building “Bitcoin City Airport,” an air transport hub that will supposedly one day link Bitcoin City to the rest of the world. The post Construction of El Salvador's Bitcoin City Airport Begins – But There's a Twist appeared first on Cryptonews.
The cryptocurrency market has been hit by a significant downturn, with Bitcoin (BTC) dipping below the $86,000 mark. This market sell-off has sent shockwaves through the community, triggering panic selling and liquidations across various assets.
MicroStrategy, the software company led by Michael Saylor, is currently experiencing a significant financial downturn. Its stock has dropped over 55% since the start of 2025, raising concerns that the company may have to sell some of its substantial Bitcoin holdings, valued at $43.7 billion, to cover its mounting debt.
It just got easier to mine Bitcoin following the dip in BTC's price and a cold snap across the U.S.—but what does this mean?
Fold Holdings has expanded its bitcoin treasury with the purchase of 10 additional BTC at an average price of $87,500 per coin. The move underscores Fold's long-term commitment to bitcoin as a core treasury asset. Fold Holdings Adds 10 Bitcoin to Treasury, Reinforcing Long-Term BTC Strategy Fold Holdings Inc.
Bitcoin, the world's largest cryptocurrency by market value, dropped 5% to $84,201 at 21:56 GMT on Wednesday.
Bitcoin's (BTC) price collapsed to $83,223.04 after a 6.5% correction over the past 24 hours. According to a recent Glassnode report, BTC is currently trading in a low-liquidity “air gap” zone between $70,000 and $88,00.
Recently Nasdaq-listed Fold Holdings has bolstered its Bitcoin reserves with a strategic 10 BTC acquisition, positioning itself among the top 15 corporate Bitcoin holders in the United States.
Bitcoin (BTC) is trading below the $90,000 mark after a bearish month of February, with analysts and investors growing increasingly fearful that the price could drop to even lower levels. The broader market has continued to decline, setting fresh lows as uncertainty grips traders.
Global crypto investment firm VanEck has asserted that if the government accumulates a strategic reserve of Bitcoin, it could help offset over $20 trillion in U.S. debt by 2049.
Bitcoin prices fell sharply on Wednesday, February 26, breaking through the $85,000 level and approaching $82,000 as U.S. political momentum stalled.
Bitcoin price has declined sharply, reaching its lowest level since November 2024. The top crypto has dropped by over $12,000 within three days, leading to over $1 billion in leveraged long positions being liquidated.
The largest publicly traded bitcoin miner holds XXX BTC on its balance sheet as of Dec. 31, 2024.
A recent report by River revealed that hedge funds and registered investment advisors' (RIA) exposure to Bitcoin (BTC) via exchange-traded products (ETF) reached $34.3 billion as of Dec. 31, showing a 357% growth last year. The report highlighted that 458 RIAs have BTC exposure, with the weighted average allocation being 0.02%.
GameStop has responded to a letter from Strive Asset Management urging the gaming retailer to add Bitcoin to its balance sheet.
Cryptocurrency markets continued their slide on Wednesday following President Trump threatening to impose 25% tariffs on the European Union. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $84,252 -3.9% Ethereum (CRYPTO: ETH) $2,332 -6.0% Solana (CRYPTO: SOL) $135.15 -6.0% XRP (CRYPTO: XRP) $2.21 -3.3% Dogecoin (CRYPTO: DOGE) $0.2037 -2.8% Shiba Inu (CRYPTO: SHIB) $0.00001426 +1.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 60.7% and daily active addresses growing by 17.1%.
Litecoin is the only cryptocurrency in the top 50 with near double-digit gains over the past 24 hours. Cointelegraph explains why.
Bitcoin continued its slide on Wednesday following President Donald Trump's threat to impose a 25% tariff on the European Union. The announcement came during the president's first cabinet meeting, causing the leading cryptocurrency to drop below the $83,000 mark. The coin hit a low of $82,131.90 after the news made headlines.
Bitcoin Price falls below $85K, with former Binance CEO CZ dismissing concerns and urging investors to remain calm. Current Binance CEO Richard Teng echoes similar sentiments, attributing the drop to routine market fluctuations, even as U.S. spot Bitcoin ETFs see substantial outflows. The post CZ Dismisses Bitcoin Fears as Price Drops Below $85K appeared first on Cryptonews.
Bitcoin ETFs are shedding assets as crypto prices plummet amid a looming trade war and other macroeconomic uncertainty.
The cryptocurrency market has taken a sharp turn as Bitcoin's price plunge triggered a wave of sell-offs, pushing the Crypto Fear and Greed Index to a five-month low of “extreme fear.” This downturn in sentiment, particularly on February 25, 2025, has sent shockwaves through the market, impacting not only Bitcoin (BTC) but also altcoins like Ethereum (ETH), XRP, and Solana.
Bitcoin (CRYPTO: BTC) is continuing its price slide on Wednesday as President Donald Trump threatened 25 percent tariffs on the European Union. The apex crypto slid as low as $83,724 in the aftermath.
BTC's drop to $88,000 triggered panic selling among short-term holders.
The price of bitcoin (BTC) dropped south of $84,000 as spot bitcoin exchange-traded funds (ETFs) posted record outflows. As of 2:30 p.m. (ET), the leading crypto asset is hanging below the $85,000 range at $84,378.
CNBC's MacKenzie Sigalos joins 'Power Lunch' with the latest details on the hack that hit a Middle East crypto exchange.
Strategy co-founder Michael Saylor has pitched Bitcoin, the leading cryptocurrency, to centibillionaire Jeff Bezos.
Economic uncertainty, Nvidia's upcoming earnings, and a large BTC options expiry are negatively pressuring Bitcoin price.
Stacks, a prominent layer-2 solution designed to unlock the potential of Bitcoin for decentralized finance (DeFi), is gaining significant momentum. The platform announced today that a number of major institutions are adopting sBTC, a 1:1 Bitcoin-backed, decentralized programmable asset, as a key component of their Bitcoin strategies.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
The crypto market is deep in the red once again.
Oklahoma's effort to establish a state Bitcoin reserve took a step forward on Feb. 25 after the House Government Oversight Committee approved HB 1203, moving it to the full House for further debate. The Strategic Bitcoin Reserve Act, introduced by Rep.
Crypto prices are crashing again, with Bitcoin now trading below $84,000 and Ethereum hitting a five-month low price.
Strategy's stock plunged 16% as Bitcoin dropped, with leveraged ETFs crashing 50%, raising concerns about its aggressive Bitcoin accumulation strategy.
President Donald Trump announced 25% tariffs on European Union auto imports, pharmaceuticals, and semiconductor chips, citing a $350 billion trade deficit and vowing to address “unfair” EU trade practices. Bitcoin slid under a $84,000 following the news to a low of $83,337.
Strategy launches free Bitcoin Hub in Tysons Corner, VA.
Bitcoin and Ethereum are set for their worst February in years, though analysts think the bull market isn't over. Bitcoin (BTC) and Ethereum (ETH) are set to wrap up a rough month, with BTC dropping over 7.8% to $86,774.
David Vallieres, a respected crypto analyst, has stated that he remains bullish on the leading cryptocurrency despite the dramatic drop that took place on Tuesday.
Bitcoin appears on the verge of losing the $85,000 level, which could trigger a cascading liquidation event. Will bulls show up to buy the dip and defend a critical support level?