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news-imageFebruary 26, 2025

Oklahoma advances Bitcoin reserve legislation as other states pause

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.
Publisher: CryptoSlate
Sentiment: Positive
BTC

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Negative
cover-imageCoingape
February 26, 2025

Why Is The Bitcoin Price Dropping?

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.

Positive
cover-imageCryptoSlate
February 26, 2025

Hedge funds and RIAs boost Bitcoin exposure to $34.3B, up 357% in 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%.

Negative
cover-imageBenzinga
February 26, 2025

Bitcoin, Ethereum, XRP, Dogecoin Extend Decline: 'BTC At $80,000 By Mid-April?,' Trader Wonders

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%.

Neutral
cover-imageCryptonews
February 26, 2025

CZ Dismisses Bitcoin Fears as Price Drops Below $85K

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.

Negative
cover-imageThe Currency Analytics
February 26, 2025

Bitcoin Decline Drives Market into Extreme Fear

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.

Negative
cover-imageCointribune
February 26, 2025

Bitcoin: 12% of Investors in the Red

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.

Neutral
cover-imageBenzinga
February 26, 2025

Peter Schiff: Bitcoin's Rally To $100,000 Is 'Repayment' By Trump To Crypto Supporters, But $50,000 May Be On The Cards

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.

Negative
cover-imageBitcoinist
February 26, 2025

Bitcoin Blunder? Peter Schiff Blasts Strategy Over Stock Drop

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.

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