Fold Holdings, Inc., a bitcoin financial services company, has acquired an additional 10 bitcoin for its corporate treasury. The purchase, made at an average price of approximately $87,500 per bitcoin, brings Fold's total holdings to over 1,000 bitcoin.
BTC's price could dump to $70,000, predicted Arthur Hayes.
Bitcoin's price fell to $86,099 on February 26th, wiping out almost $1.06 billion from crypto's market cap and sending ripples across the industry. According to Coinglass tracking, around 230,000 positions have been liquidated for the day.
As Bitcoin struggles to maintain its credibility with distressed investors, the crypto market as a whole is plunging into a troubling downward spiral. The total capitalization at an unprecedented level since November 2021 reveals a multifaceted crisis.
TL;DR Short-term Bitcoin holders sent 79,300 BTC, worth approximately $7 billion, to exchanges, selling at a loss during the recent price crash. This massive sell-off reflects the fear and uncertainty dominating short-term speculators, as BTC price hit 15-week lows. Long-term investors, however, remain firm, providing support to the market amid the volatility.
The cryptocurrency market has hit an exceptionally rough patch in recent trading with, for example, Bitcoin (BTC) collapsing $10,000 in just two days to its press time price of $85,811 — its lowest level since the Trump re-election rally started in early November.
Deribit's volatility index bounced between 48 and 52, indicating Bitcoin investor uncertainty after recent crypto market declines.
After spending most of February trading within a range, Bitcoin (BTC) has broken below the consolidation zone, slipping under $90,000 for the first time since November. The leading coin now trades at $88,956.
The Bitcoin market has fallen a bit in the early hours of Wednesday, as the markets continue to see a lot of noise in general.
The Ethereum Foundation is set to donate $1.25 million to support Alexey Pertsev's legal defense, highlighting the ongoing battle over privacy and the criminalization of open-source development in the blockchain space. The post Ethereum Foundation Donates $1.25M for Tornado Cash Dev Alexey Pertsev's Legal Defense appeared first on Cryptonews.
The cross-chain “Inclusive Layer” makes it easier to launch consumer apps on Ethereum, its leading Layer 2s and Solana.
The much-anticipated Ethereum upgrade, Pectra, has encountered a significant issue that has delayed its planned timeline. Originally expected to roll out on the Holesky testnet on February 24th, the upgrade ran into finalization issues that prevented nodes from reaching consensus on blocks, an essential step for making them immutable.
Bybit hacker laundered around 20% of Ethereum stolen from the recent theft. Hackers hold more Ethereum than Vitalik Buterin and Ethereum Foundation.
The price of bitcoin fell sharply as US trading began on Wednesday, dropping to below $86K for the first time since mid-November. Sentiment in the crypto market is "on the floor at this moment in time", says Simon Peters, crypto analyst at eToro.
With multiple traders accusing Binance and other CEXs of fueling the crypto crash, the exchange replies with a technical answer. While the reply now accuses traders as misunderstanding data, controversy remains heated around Binance.
Spot Bitcoin exchange traded funds (ETFs) in the US are recording a massive sell-off as investors' sentiment turned bearish. February 25 saw more than $937 million in outflows from US Bitcoin ETFs, the largest since January 2024.
Bitcoin's price has been going through a significant drop over the last couple of days, losing a key support level. However, there is still a good chance for the market to rebound soon.
The Ethereum Foundation has stepped in to support Alexey Pertsev, a developer behind Tornado Cash, by donating $1.25 million toward his legal defense. Announcing the donation on Feb. 26, the Foundation emphasized the importance of privacy and the rights of developers, saying: “Privacy is normal, and writing code is not a crime.
Ethereum's price has been dropping consistently over the past few months since it was rejected from the $4,000 level. Meanwhile, there is still the possibility for a deeper decline in the coming weeks.
As I'm writing this on Monday evening, one Ethereum (ETH -0.08%) coin is worth $2,482. The leading smart contracts coin is dipping below the $2,500 mark for the first time since last November, and you'd be down by nearly 15% if you bought Ethereum a year ago.
Analyst Justin Bennett warns that failure of Ethereum price to hold this level could result in a sharp correction to $1,000 citing the crypto's logarithmic channel pattern.
On-chain market activity on the Bitcoin (BTC) network shows that whales have sold the coin massively in the last seven days. These large holders have offloaded 25,740 BTC onto the Bitcoin market.
Ethereum price has declined for three consecutive days, forming a death cross pattern and risking a drop to $1,500. Ethereum (ETH) fell to $2,430 on Wednesday, down more than 40% from its highest level in November.
Blockchair announced today the launch of its Stacks Explorer, further expanding its mission to provide comprehensive blockchain analytics.
Ethereum (ETH) has been caught in a brutal selloff, plunging from $2,815 to as low as $2,315 after a massive $1.5 billion hack on Bybit. On Monday, ETH crashed alongside Bitcoin as panic spread across the market.
BlackRock recently filed paperwork with the U.S. Securities and Exchange Commission (SEC), indicating the acquisition of 12.2% of MicroStrategy's shares, worth around $204 million at the current market value. The asset manager's bold move with MicroStrategy, a corporation that holds significant Bitcoin investments, hints at BlackRock's intent to capitalize on a possible Bitcoin downturn – giving rise to rumors of a looming Bitcoin sell-off.
Bitcoin (BTC) recently saw its biggest single-day loss since August 2024, which pushed it below the short-term holder (STH) realized price. The recent downtrend also appeared to have spooked institutional investors after Cathie Wood's ARK Invest offloaded $9M in spot BTC ETFs.
Shares of Strategy (NASDAQ: MSTR) have dropped by over 55% from the November 24 high at $543 to around $250. With the software intelligence firm now holding approximately 499,096 Bitcoin—worth around $44 billion at current prices—market participants are wondering whether the company could ever face a forced liquidation of its massive Bitcoin treasury.
Macro strategist Jim Bianco has suggested that the rise in Bitcoin (BTC) and the broader cryptocurrency market earlier this year might have been sparked by the controversial launch of President Donald Trump's memecoin in January.
Hacked cryptocurrency exchange Bybit has declared a “war against Lazarus” and launched a new website tracking the group's wallet addresses, while Ethereum Foundation Executive Director Aya Miyaguchi announced that she will transition to her new role as president at the organization. CoinDesk's Christine Lee breaks down the latest news in the crypto industry on "CoinDesk Daily.
Standard Chartered warns that continued outflows from bitcoin ETFs could further depress prices, following a record $1 billion in outflows.
Recently, the volatility in Bitcoin's price has increased investor anxiety, with many watching monitoring the events that could affect the market. A key development is BlackRock's transfer of Bitcoin and Ethereum to Coinbase Prime, which has sparked fears of a potential sell-off.
Bitcoin is down 1.9% against the greenback trading between $87,739 to $88,156 over the last hour on Feb. 26, 2025, extending losses amid U.S. economic policy anxieties and fluctuating consumer confidence. Bitcoin Navigates Bearish Terrain The leading cryptocurrency's price declined from the previous day, marking a 24-hour drop of approximately 1.
The Bitcoin exchange-traded fund (ETF) market continues to experience a significant wave of capital outflows. According to recent data, the 11 Bitcoin ETFs recorded a net outflow of $937.9 million on February 25, 2025, marking their sixth consecutive day of losses.
Bitcoin (BTC) is attempting to reclaim $90,000 after a bloodbath at the beginning of the week drove the price to a low of $86,220, as analysts warned of a deeper correction to $80,000. The flagship cryptocurrency is down over 3% in the past 24 hours and is trading around the $88,900 mark.
TL;DR Largest Single-Day Outflow: U.S. spot Bitcoin ETFs witnessed the largest single-day net outflow in history, with $1.01 billion withdrawn on February 25, affecting 10 out of 12 Bitcoin ETFs.
The Ethereum Foundation will donate $1.25 to aid the legal battle of Tornado Cash developer Alexey Pertsev. The Ethereum Foundation has announced a donation of $1.
Bitcoin (BTC) is testing investor sentiment again as it hovers in a precarious position, teasing the possibility of a prolonged bear cycle.
Bitcoin and cryptocurrency prices have found a temporary floor following a steep sell-off though analysts have said bitcoin remains at a "critical juncture"
As Bitcoin (CRYPTO: BTC) continues to trade below the $88,000 mark, U.S. spot bitcoin ETFs experienced record outflows of $1 billion on Tuesday, marking the largest daily net outflows since their inception. What Happened: According to data cited by The Block, 10 out of 12 spot bitcoin funds reported net outflows, with Fidelity‘s (BATS:FBTC) leading the pack at $344.65 million, followed by BlackRock's (NASDAQ:IBIT) with $164.3 million.
Ethereum cofounder Vitalik Buterin has made a notable call to developers regarding Poseidon, a cryptographic hash function. In an update shared on X, Buterin encouraged researchers to participate in the Poseidon cryptanalysis program, which has now been extended to March 15, 2025.
U.S. spot Bitcoin ETFs experienced six consecutive days of negative flows, with a record outflow of $938M. With only four days of net inflows, February has seen over $2.4B exit U.S. Bitcoin ETFs.
Pro-Bitcoin Congressman Byron Donalds has announced his candidacy for the Florida governorship during an appearance on Fox News' Hannity. The Republican lawmaker, currently representing Florida's 19th congressional district, underscored his vision for making the Sunshine State a global financial hub, potentially incorporating cryptocurrency into the state's official portfolio.
Robinhood Chair and CEO Vlad Tenev discusses the current stock price and what to expect in the crypto industry. He says accreditation needs rethinking for private company trading, retail investors who want to be in AI are in a tough spot.
Ethereum (ETH) has a flurry of potentially bullish catalysts this year, according to Ki Young Ju, the chief executive of the digital asset analytics platform CryptoQuant. Young Ju notes on the social media platform X that there is no significant sell pressure following last week's record-shattering Bybit hack. “On-chain and market data remain neutral.
Bitcoin plunges below $90K after a $1.5 billion Bybit hack. Regulatory fears fuel the selloff—is the worst yet to come?
Extreme bearish sentiment grips crypto as BTC, ETH, XRP, and SOL face declines, but historical trends hint at a potential market bottom.
Bitcoin exchange-traded funds (ETFs) faced a massive $1 billion outflow on Feb. 25, marking the largest single-day withdrawal since their inception. Ether ETFs also experienced a significant net outflow of $50 million. Historic Withdrawal Sees Bitcoin ETFs Lose $1 Billion in a Day With Ether ETFs Down $50 Million On Tuesday, Feb. 25, U.S.