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news-imageFebruary 24, 2025

Solana (SOL) Lost 45%: Bitcoin Domination Isn't Stopping?

The 45% drop of Solana against Bitcoin is certainly not the most expected event of 2025. Solana plummeted massively on its own, but Bitcoin's dominance rise is an important signal that suggests liquidity outflow from the market.
Publisher: UToday
Sentiment: Negative
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Negative
cover-imageCrypto Economy
February 24, 2025

Digital Asset Funds Experience $508M Outflow, With Bitcoin Hit the Hardest

TL;DR The outflow from digital asset investment products reached $508 million last week, totaling $924 million over the last two weeks. Bitcoin was the hardest hit asset, with $571 million in outflows, while some investors took short positions. While the U.S. market saw a significant outflow, Europe, especially Germany and Switzerland, experienced significant inflows.

Negative
cover-imageCoinPedia
February 24, 2025

Why is Solana (SOL) Price Falling Today?

Amid market uncertainty, Solana (SOL), the world's fifth-largest cryptocurrency by market cap, appears bearish and is poised to continue its decline in the coming days. With this notable drop, SOL has experienced a significant 37% loss in the past 30 days.

Positive
cover-imageBenzinga
February 24, 2025

Strategy Acquires 20,356 Bitcoin For $1.99 Billion, Boosts 2025 BTC Yield To 6.9%

Strategy Incorporated (NASDAQ:MSTR) announced it acquired 20,356 Bitcoin for approximately $1.99 billion at an average price of $97,514 per Bitcoin (CRYPTO: BTC) between Feb. 18 and Feb. 23, achieving a year-to-date BTC Yield of 6.9%. What Happened: As of Feb. 23, the company holds 499,096 Bitcoin, purchased for an aggregate $33.1 billion at an average price of $66,357 per Bitcoin, according to a Securities and Exchange Commission filing.

Negative
cover-imageCointribune
February 24, 2025

Solana's Memecoin Mania Cools Off

After months of excitement, the frenzy surrounding the launch of tokens on Solana is slowing down significantly. Pump.fun, the leading platform for launching memecoins, is experiencing a marked decline in its activity and revenue.

Positive
cover-imageCryptoPotato
February 24, 2025

Bitcoin as a Reserve Asset? VanEck Sees $21T Potential!

Asset management company VanEck claiming that the creation of a Bitcoin reserve in the US could offset up to $21 trillion of US national debt by 2049. According to VanEck's analysis, Bitcoin's limited supply and growing institutional adoption position it to become a leading reserve asset that could provide an alternative to traditional assets like gold and fiat currencies.

Positive
cover-imageBitcoin
February 24, 2025

Strategy Nears Half-Million Bitcoin Custody Milestone With New $1.99 Billion Acquisition

On Monday, Michael Saylor, CEO of enterprise analytics firm Strategy (formerly Microstrategy), revealed the company procured 20,356 Bitcoin for $1.99 billion. Michael Saylor's Strategy Adds 20,356 Bitcoin to Portfolio Amid Market Fluctuations The transaction marks Strategy's latest expansion of its cryptocurrency portfolio since its prior $8 billion purchase on Feb. 10.

Positive
cover-imageBenzinga
February 24, 2025

Grok 3 Predicts Bitcoin Dominance In 2025, Projects $180,000 Price Target

Bitcoin (CRYPTO: BTC) is poised to reach $180,000 by the end of 2025, according to a prediction from Grok 3, an AI developed by xAI, driven by growing institutional adoption and potential U.S. strategic reserve status. What Happened: The analysis, prompted by Strategy (NASDAQ:MSTR) executive chairman Michael Saylor's query on X on Sunday about the best crypto asset, positions Bitcoin as the dominant cryptocurrency in a $3.23 trillion market.

Neutral
cover-imageNewsBTC
February 24, 2025

Is The Bitcoin Price Manipulated? Expert Exposes The Truth

In a new research report shared on X, Joe Consorti, Head of Growth at Theya, has dispelled ongoing rumors alleging that the Bitcoin price is being artificially held down. Consorti lays out a comprehensive examination of on-chain data, pointing to the normal cyclical behavior of long-term holders (LTHs) and their profit-taking patterns as key drivers of bitcoin's current trading dynamic.

Negative
cover-imageThe Currency Analytics
February 24, 2025

Bitcoin Faces Prolonged Consolidation as Market Sentiment Weakens

Bitcoin, the leading cryptocurrency, is facing a period of market uncertainty, according to recent data from CryptoQuant. In a report released on February 23, 2025, analyst “Avacado onchain” highlighted that Bitcoin's price has been trapped in a range between $90,000 and $106,000 for several weeks.

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