HK Asia Holdings Limited, a Hong Kong-based investment firm, has made another significant move in the cryptocurrency space, purchasing an additional 7.88 BTC worth $761,705. This decision follows an extraordinary 1,700% surge in the company's stock price, highlighting its growing focus on digital asset investments and bolstering its position in the expanding crypto market.
Bybit swiftly repaid the 40,000 ETH loan from Bitget, ensuring smooth withdrawals after a $1.4 billion hack attributed to the Lazarus Group.
Many altcoins have registered massive price losses over the past day.
Bybit has transferred nearly $100 million worth of ETH back to Bitget. Bitget loaned 40,000 ETH to Bybit immediately after the $1.4 billion hack.
Metaplanet and El Salvador increased their Bitcoin holdings ahead of a significant market downturn on February 25, when Bitcoin prices dropped by 5%. The post Metaplanet and El Salvador Acquire More Bitcoin Amid Market Slump appeared first on Cryptonews.
Bitcoin is evolving in a context of uncertainty marked by economic fluctuations and contradictory signals in the financial markets. Amidst the resistance of safe-haven assets, low volatility, and macroeconomic expectations, investors are scrutinizing the upcoming market movements.
Bitcoin's price recently dipped below $91,000, marking its lowest point in months, causing a ripple effect throughout the broader crypto market. In just 24 hours, over $100 billion in market value was wiped out. This has led to increased uncertainty, with Bitcoin down by 5% and altcoins suffering even bigger losses.
XRP, BNB, and DOGE are facing key technical breakdowns, triggering fresh downside risks. Will these dips lead to deeper losses or present new buying opportunities?
On-chain data shows the Bitcoin Hashrate has observed a sharp drop recently. Here's what this could mean for the asset's price.
Amid broader crypto market correction, Ethereum price has tanked by a solid 8% today slipping under $2,500 levels. The world's largest altcoin is on the path to registering its worst February in history, with more than 23% fall already so far this month.
Montana's ambitious Bitcoin reserve bill, House Bill 429, met an unexpected setback on February 22, 2025, when it was rejected by the state's House of Representatives in a 41-59 vote. The bill aimed to create a special fund for investing in digital assets like Bitcoin, stablecoins, and precious metals.
The Tokyo-listed firm disclosed on Tuesday that it acquired an additional 135 BTC, as it continues its bitcoin accumulation strategy.
El Salvador has resumed Bitcoin acquisitions, buying seven BTC equivalent to $661,000 per Arkham Intelligence reports. This is the first time it has made a Bitcoin purchase since it halted its daily purchase plan on February 18.
South Dakota lawmakers effectively killed a bill that would have allowed the state to invest in Bitcoin by deferring the vote beyond the legislative session's limit.
While South Dakota lawmakers rejected the bill citing volatility concerns, Rep Logan Manhart plans to push for its revival next year.
Large hedge funds playing the ETF arbitrage game are starting to unwind their positions, putting more selling pressure on Bitcoin, says BitMEX co-founder Arthur Hayes.
Bitcoin-stacking Metaplanet bought at $96,185, while El Salvador bought at around $94,050 per Bitcoin.
Ripple's XRP is currently down by more than 8% and is trading at $2.28. The cryptocurrency market is currently experiencing a downward trend, with several major coins facing declines. Both Bitcoin (BTC) and Ethereum (ETH) are seeing significant declines. Bitcoin is priced at $92,017, down by 3.
Bitcoin (BTC) has dropped below $95,000 and risks a further decline amid the ongoing market retrace. As February comes to an end, some analysts consider the flagship crypto needs to reclaim some crucial levels to continue its bullish long-term trend.
February 25, 2025 05:31:34 UTC Crypto Liquidations Fuel $950M Sell-Off After Tariff Announcement Bitcoin fell to a multi-week low, triggering $950 million in liquidations after President Trump announced a return to 25% tariffs on over $900 billion in Canadian and Mexican imports, raising inflation fears.
The crypto market tumbled as Trump reaffirmed tariffs on Mexico and Canada, sparking investor anxiety, with Bitcoin slipping below $92,000. The post Bitcoin, Ethereum Tumble With $900M in Crypto Liquidations on Tariff Worries appeared first on Cryptonews.
Futures activity hints at an influx of fresh shorts as Monday's bearish marubozu candle points to more losses ahead.
The crypto markets are witnessing massive sell-offs, which have dragged the major cryptos below their pivotal support levels. Bitcoin dropped below $94,000 initially and later formed the bottom below $92,000 and interestingly, it does not appear to halt the ongoing bearish trend.
Metaplanet has added 135 Bitcoin to its treasury, strengthening its position as one of Japan's most active corporate Bitcoin investors. On Feb. 25, the company announced the 1.939 billion yen ($12.
The crypto space has plunged over 5% overnight, owing to the recently announced tariff plan and massive liquidations. This resulted in the business losing over $110 billion. With this, the market is now valued at just above the $3 Trillion mark.
Ripple's native cryptocurrency, XRP, has consistently been a focal point within the cryptocurrency market due to its innovative approach to cross-border payments. As of now, XRP is valued at approximately $2.42, and its price history shows substantial volatility, influenced by both market conditions and regulatory developments.
The cryptocurrency market faced a sharp downturn on Monday, with Bitcoin (BTC) plunging to $90,000 and leading altcoins following suit. Ethereum (ETH), XRP, and Solana (SOL) saw steep declines as investor sentiment turned bearish amid mounting concerns over global trade tensions.
Crypto market crash continues to extend further as the Bitcoin price takes a dip all the way to $91,000 levels with overall market liquidations soaring all the way to $914 million. Altcoins could be facing an even greater crash amid a liquidity crisis-like situation.
On-chain analyst EmberCN revealed that the Bybit exchange hacker has laundered 89,500 ETH in the past two and a half days. According to the firm, the hacker has laundered nearly $224 million, which was 18% of the total Ethereum he stole (499,000ETH).
Ethereum's retail investors are increasingly betting against the altcoin despite a bullish crossover confirmation.
Prominent economist and market analyst Peter Schiff has weighed in on Strategy Inc.'s investment in BTC and noted the firm's declining share price and reduced Net Asset Value (NAV) premium. He further mentioned that, relative to doing leveraged Bitcoin buying, the stock has underperformed.
Ethereums highly anticipated Pectra upgrade launched on the Holesky testnet but failed to finalize as expected. Activated at 21:55 UTC, the upgrade encountered an unexpected issue, leading developers to investigate via the Eth RD Discord channel.
Ethereum saw a sharp decline on Monday, dropping 10.9% to $2,512.20 by 18:00 (23:00 GMT) on the Investing.com Index. This marked its biggest single-day loss since February 24, pushing its market cap down to $311.85 billion, accounting for 10.25% of the total crypto market.
The cryptocurrency market has been shaken by fear, uncertainty, and doubt (FUD) following the Bybit hack, triggering increased volatility. This uncertainty has impacted investor sentiment, with digital asset investment products recording $508 million in net outflows, primarily from Bitcoin.
Fifteen years ago, on February 24, 2010, Bitcoins pseudonymous creator, Satoshi Nakamoto, introduced a new logo that would shape Bitcoins visual identity. Initially, Bitcoins logo featured a gold coin inscribed with BC.
Bitcoin (BTC), the largest cryptocurrency by market cap, is at a crucial juncture as key metrics hint at an imminent momentum shift. Glassnode data reveals that Bitcoins Short-Term Holder Spent Output Profit Ratio (STH-SOPR, 7D SMA) is testing the critical 1.0 breakeven level.
Solana has plunged 45% against Bitcoin, marking one of the most significant market shifts of 2025. While SOL has suffered heavy losses, Bitcoins rising dominance signals a liquidity outflow from altcoins.
Bitcoin slipped 0.8% to $95,610.2 on Monday after a 1% weekly drop, as investors remained cautious over the U.S. interest rate outlook. Weak economic data fueled uncertainty, with Services PMI falling to 49.7 in February from 52.9 and Michigans consumer sentiment index hitting a 15-month low at 64.7.
Crypto Prices Today (February 25): The broader market action set off severe investor concerns on Tuesday, showcasing an alarmingly slumping trajectory. Bitcoin (BTC) price hit a $90K low in the past 24 hours, whereas Ethereum (ETH) slipped below $2,500.
Traders said the current bearish sentiment could be overblown and macroeconomic decisions were key to support market growth.
Trading activity weakened as turnover plunged amidst broader market uncertainty and cautious sentiment.
On-chain data shows a Bitcoin indicator is currently retesting a level that has historically acted as a boundary line between bearish and bullish momentum. Bitcoin Short-Term Holder SOPR Is Retesting 1.0 Right Now In a new post on X, the on-chain analytics firm Glassnode has discussed about the latest trend in the BTC Spent Output Profit Ratio (SOPR) of the short-term holders.
The launch of the $1 billion bitcoin treasury by Rezolve Ai starting with an initial $100 million investment, aims to support its AI-powered crypto payment platform in collaboration with Tether. The initiative aims to accelerate the mainstream adoption of bitcoin and digital payments in retail commerce.
Despite the planned launch, the Pectra upgrade on Holesky testnet has encountered problems as the network has not finalized since activation.
XRP price started a fresh decline below the $2.550 and $2.50 support levels. The price is now testing $2.250 and might continue to move down.
Developers say the bug was isolated to execution clients, highlighting Ethereum's testnet role in catching issues before mainnet launch.
Bitcoin price crashed below $93,000 for the first time in over three weeks as concerns about tariffs and the upcoming NVIDIA earnings rose. BTC's crash has pushed the MVRV-zcore to the lowest level since November 9 of last year. That is a sign that the coin has become cheap, and that it may rebound soon.