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.
GameStop CEO Ryan Cohen confirmed via social media platform X that he has received a proposal from Strive Asset Management advocating for the company to adopt Bitcoin (BTC) as a reserve asset.
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.
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?
As Bitcoin struggles to maintain its credibility in the face of distressed investors, the crypto market as a whole plunges into a worrisome spiral. The total capitalization reaches an unprecedented level since November 2021, revealing a multifaceted crisis.
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U.S.-based spot Bitcoin exchange-traded funds (ETFs) recorded their biggest yet daily outflow as investor sentiment turned sour after Tuesday's market bloodbath, with investors retreating from risk assets in dealing with increasing macroeconomic concerns after President Donald Trump's tariff threats against Mexico and Canada.
Economist and Bitcoin (CRYPTO: BTC) critic Peter Schiff claims that President Donald Trump played a role in the crypto king's rally past $100,000, suggesting it was a reward to his supporters in crypto. What Happened: In am X post on Wednesday, Schiff stated that Trump sees his role in boosting Bitcoin's price as a form of “repayment” to his supporters in the crypto space.
Bitcoin just crashed to $85K but bounced back to $87,500. Will it recover to $100K or crash further to $76K?
A known economist once again criticized the debt-fueled Bitcoin acquisition strategy of Michael Saylor's Strategy Inc. despite the company's decreasing share price. Leading economist Peter Schiff argued that Strategy Inc.'s decision to go on a buying spree of the firstborn cryptocurrency has led to shareholder dilution, reducing the premium on the firm's BTC holdings.
Bitcoin's stumble begs the question asked during the last bear market: Is there a point at which Michael Saylor would be forced to liquidate part of the company's near-500,000 BTC stack?
Will the weakening BTC boost altcoin recovery odds in the short term?
Crypto analyst Kevin Capital has provided insights into where the Bitcoin price may be headed next. The analyst alluded to the current liquidation data, revealing that there are currently $16 billion in possible liquidations from BTC's current price to the $107,000 price level.
Oklahoma House Bill 1203, known as the Strategic Bitcoin Reserve Act, passed the House Committee on Feb. 25, moving to the floor.
Oklahoma House Bill 1203, known as the Strategic Bitcoin Reserve Act, passed the House Committee on Feb. 25, moving to the floor.
Bitcoin is experiencing a significant new correction, dropping to $85,760 after reaching an all-time high of $101,000 in January 2025. This 16% decline echoes a surprising prediction by Changpeng Zhao (CZ), founder of Binance, who had anticipated this scenario since December 2020.