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news-imageFebruary 12, 2025

Trump Trades Russian Bitcoin Fraudster Vinnik for Marc Fogel

In a recent development, as per a recent Newyork post, President Trump facilitated a prisoner swap, where Russian prisoner Alexander Vinnik was exchanged for American teacher Marc Fogel. Vinnik had been arrested in 2017 in Greece and was later sent to the US and France to face charges related to fraud and money laundering.
Publisher: CoinPedia
Sentiment: Negative
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Negative
cover-imageThe Currency Analytics
February 12, 2025

Crypto Market Losses: $54B Wiped Out as Bitcoin Drops

The cryptocurrency market has suffered a dramatic downturn, losing a staggering $54 billion in just 24 hours. This sharp decline has dropped the total market capitalization to $3.07 trillion, slipping below the important $3.1 trillion threshold.

Positive
cover-imageBenzinga
February 12, 2025

Bitcoin, Ethereum, XRP, Dogecoin Climb Higher As Inflation Volatility Eases: 'Don't See A Reason To Go Back To Lows,' Trader Says

Crypto markets are stabilizing and trending upward after an initial drop following the higher-than-expected COnsumer Price Inflation report. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,166.74 +2.2% Ethereum (CRYPTO: ETH) $2,679.72 +3.4% Solana (CRYPTO: SOL) $193.42 -1% XRP (CRYPTO: XRP) $2.44 +2.7% Dogecoin (CRYPTO: DOGE) $0.2612 +4.6% Shiba Inu (CRYPTO: SHIB) $0.00001680 +8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 3.2% and daily active addresses grew by 2.6%.

Positive
cover-imageCoinPedia
February 12, 2025

Bullish Sign for Crypto? BlackRock's Multi-Million Investment in BTC and ETH

Due to recent investments, BlackRock, the world's largest asset manager, is attracting significant attention from crypto enthusiasts amid ongoing market uncertainty. Today, February 12, 2024, blockchain-based security intelligence firm Arkham posted on X (formerly Twitter) that BlackRock has invested millions of dollars in Bitcoin (BTC) and Ethereum (ETH).

Negative
cover-imageNewsBTC
February 12, 2025

Did A Massive Bitcoin And Ethereum Sell-Off By Binance Trigger The Market Crash? Crypto Exchange Responds

There have been recent concerns within the crypto community regarding Binance's recent activities after a claim surfaced that the exchange had been offloading large amounts of Bitcoin and Ethereum. The Binance selloff trend was first noted on social media platform X by a market participant known as AB Kuai.Dong (@_FORAB), who noted that the crypto exchange had allegedly been selling off its Bitcoin and Ethereum holdings.

Positive
cover-imageCryptoSlate
February 12, 2025

SBC Medical becomes latest Japanese firm to adopt Bitcoin strategy

SBC Medical Group Holdings Incorporated announced plans to purchase Bitcoin (BTC) worth 1 billion yen ($6.7 million) as part of a long-term strategy aimed at asset diversification and inflation hedging. The Japan-based medical services provider said investing in Bitcoin aligns with its goal of establishing a robust financial foundation while adapting to evolving macroeconomic conditions.

Negative
cover-imageCointribune
February 12, 2025

Inflation Strikes Again! Here's Why Bitcoin Is Crashing Today

The impact of the latest U.S. inflation data was immediately felt on the crypto market this Wednesday, February 12, 2025. Bitcoin fell below the $95,000 mark following the announcement of higher-than-expected inflation, while Donald Trump continues to push for a reduction in interest rates.

Negative
cover-imageBenzinga
February 12, 2025

Bitcoin Sees 'Short Term Volatility' After Inflation Data, Altseason Remains Distant

Bitcoin (CRYPTO: BTC) and the broader crypto market briefly dipped in mid-day trading, reflecting worries over accelerating inflation. What Happened: Crypto analyst Ali Martinez commented “not good” on the unexpectedly high inflation numbers as analyst Kevin pointed out that headline inflation above 3% is a bearish signal and reinforces the idea that altseason is still far off.

Negative
cover-imageThe Currency Analytics
February 12, 2025

Bitcoin Price Faces Pressure from Powell's Fed Outlook

Bitcoin (BTC) experienced a sharp stall at the $98,000 mark and dropped to $95,000 after Federal Reserve Chairman Jerome Powell delivered a hawkish outlook on the future of interest rate cuts. Powell, during his semi-annual testimony to Congress on February 12th, stated that the Federal Reserve was “not in a hurry to change its policy stance” and emphasized that the current monetary policy was less restrictive than before.

Negative
cover-imageBitcoin
February 12, 2025

Bitcoin Slips Below $96K as Inflation Concerns Rattle Markets

Hotter-than-expected inflation data released Wednesday morning applied downward pressure on both traditional and crypto markets. Inflation Fears Push Bitcoin Below $96,000 Threshold Bitcoin (BTC) is struggling to maintain momentum, trading at $95,580.74 at the time of reporting. The leading cryptocurrency has declined 1.55% in the past 24 hours and is down 3.

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