The cryptocurrency market is facing another decline, with its total market cap dropping by 2%, wiping out $40 billion in the past 24 hours. This decline has kept major cryptocurrencies like Bitcoin and Ethereum struggling to gain momentum.

XRP is consolidating within a symmetrical triangle, with Elliott Wave analysis pointing to a potential breakout. RSI signals exhaustion of selling pressure, and key Fibonacci levels provide crucial price targets.

Attendees at Consensus saw memecoins as net negative for the broader crypto market. Some expected the SEC to approve ETFs tied to top altcoins.

TL;DR 10x Research reveals only 44% of U.S. spot Bitcoin ETF inflows are intended for long-term investments, with the remaining 56% driven by short-term trading strategies like arbitrage. Arbitrage strategies dominate inflows, with investors profiting from price discrepancies between spot Bitcoin and Bitcoin futures.

The sudden liquidation spree in crypto market cleans a bearish sweep across top cryptocurrencies. Amid the falling coins, XRP nears a crucial support trendline and a breakdown could trigger a major crash.

The US spot Bitcoin ETFs registered the second consecutive week of cash outflow amid low volatility and a Gold price surge.

HK Asia Holdings (HK1723) announced a purchase of Bitcoin through a series of transactions on an open market crypto exchange platform on 20 Feb. The company acquired approximately 7.88 BTC at an aggregate consideration of HK$5,936,906.26 (US$761,705.07, excluding transaction costs), financing the investment exclusively with internal resources.

David Schwartz, Ripple CTO, has joined the comment thread under the recent tweet of an investor and author of the “Rich Dad Poor Dad” book Robert Kiyosaki.

Crypto ETPs saw $508 million in outflows last week, with Bitcoin ETFs losing $571 million. XRP funds recorded $38 million in inflows as investor sentiment remained cautious.

Bitcoin drops below $95K after $1.4B ByBit hack. Can BTC recover amid US Dollar weakness and trade policy concerns? Key levels to watch. The post Bitcoin Drops Below $95K After $1.4B ByBit Hack: Will It Rebound? appeared first on Cryptonews.

Bitcoin continues to consolidate near $96,000, facing resistance below $100,000 while maintaining support above $94,000, as technical indicators present mixed signals amid declining trading volume.

XRP is approaching key resistance at $2.60 while forming multiple bullish technical patterns, including a cup and handle formation

Another Bitcoin reserve bill has been introduced in Georgia to allow the state treasurer to invest in Bitcoin without limits, only 10 days following the first bill's submission.

Cryptocurrency analyst James Van Straten shared his optimistic perspective on Bitcoin's (CRYPTO: BTC) ongoing market consolidation on Saturday, describing it as “bullish.” What Happened: In an X post, Van Straten noted that, unlike the choppy period of 2024, Bitcoin's price has consistently stayed above the Short-Term Holder Realized Price in the current cycle.

Last week, HK Asia Holdings Limited, a Hong Kong-based investment company, officially entered the league of the public companies, which follows a Bitcoin investment strategy. Since February 16, the day when the company purchased its first BTC, the share price of HK ASIA HLDGS LTD has surged by 103.13%.

XRP is testing critical support at $2.50 after multiple failed attempts to break above $2.60 resistance, with technical indicators suggesting continued bearish pressure in the near term.

Despite its struggles, XRP is among the top crypto markets, but recent price momentum has changed its picture entirely. Donald Trump's win pushed this Ripple token toward the biggest rallies in the market, as it is currently at $2.49 and has a market capitalization of $144.18 billion.

US state Georgia introduced a second Bitcoin reserve bill. The bill aims to allow the state treasurer to invest in Bitcoin without restrictions.

Big losses are evident from many larger-cap alts today.

Montana's rejection of a Bitcoin reserve bill highlights the diverse approaches US states are taking toward cryptocurrency investment legislation, with some advancing similar proposals while others exercise caution.

After the market-wide cryptocurrency bull run kicked off in November 2024, the upward trajectory of Bitcoin (BTC) stalled out in late December.

Jason Lowery recently made bold predictions on Bitcoin's price based on emerging proof-of-work theories. In a tweet that has not yet been deleted, Lowery noted that the market is still in the early stages of grasping the computer science behind reusable proof-of-work networks.

The S&P 500 fell 1.71% on Friday, equating to a loss of nearly $900 billion. At the same time, the Nasdaq decreased 2.2%, which meant up to 650 billion was wiped off of this exchange.

Montana's House Bill No. 429, which sought to establish a state-backed Bitcoin reserve, has failed to move forward after a crucial vote in the state's House of Representatives. The bill was rejected by a 41-59 vote on February 22, dealing a significant blow to efforts to integrate Bitcoin into state financial reserves.

"Ripple and the SEC live together and have a baby," one popular attorney stated.

Investors are seeking the next best chances that might lead the forthcoming bull run as Bitcoin (BTC) keeps claiming supremacy in the crypto industry. Among them, Rexas Finance (RXS) is the most outstanding competitor, as its exponential expansion and creative ecosystem positioning qualify it as a top alternative for investors.

Bitcoin, the largest cryptocurrency has been stuck in a tight range between $93,000 and $100,000 for nearly the last three weeks, showing no clear direction. Perhaps Crypto analyst CrypNuevo has shared his latest insights, highlighting key levels that could determine Bitcoin's next move. With a key U.S.

A huge amount of XRP - 29,532,534 tokens worth about $75.38 million - has just appeared on major U.S. crypto exchange Coinbase. The transfer, spotted by Whale Alert, came from an unknown wallet called "r9ZMd" and landed in a Coinbase address labeled "r4sR.

Pi Network has gained notable traction from the market participants since its mainnet launch last week. Notably, the crypto has also made headlines due to major listings from multiple exchanges and other key developments.

In September 2021, El Salvador began its Bitcoin experiment. It adopted Bitcoin as legal tender.

HK Asia Holdings Limited has announced a further investment in bitcoin, purchasing approximately 7.88 BTC for around $761,000 on February 20, 2025. This decision follows a previous investment disclosed on February 16, 2025, and brings the company's total Bitcoin holdings to approximately 8.88 BTC, with an average cost of about $97,000 per unit.

The US State of Montana saw its House of Representatives reject the idea of a Bitcoin Reserve bill. Several other state governments have ventured into crypto with passing bills on digital assets' investments.

The cryptocurrency market has experienced another downturn, with top cryptocurrencies Bitcoin and Ethereum facing challenges in sustaining their momentum. Currently, the Bitcoin (BTC) price is around the significant $95k mark while Ethereum (ETH) is struggling to surge past $2,800.

US Bitcoin ETFs saw $1.14 billion in outflows over two weeks, the largest since their launch, as trade tensions and monetary policy concerns weighed on investor sentiment.

Georgia's second Bitcoin reserve bill has emerged as a partisan competitor to the previous bill, backed by Democrats. The post Georgia State Pushes Harder for Bitcoin Stockpile, Senate Proposes Second BTC Reserve Bill appeared first on Cryptonews.

Bitcoin traders worry over a return to BTC price range lows as market inertia keeps bears in control into the monthly close.

Despite the meteoric rise of Bitcoin since its inception, a Wall Street mathematician insists that its journey is only just commencing.

Montana's Bitcoin reserve bill has failed to clear the House of Representatives after lawmakers voted against it during the latest floor session.

A closely followed analyst believes Bitcoin (BTC) remains in a strong uptrend despite the growing bearish sentiment on the flagship crypto asset. Pseudonymous analyst Cheds tells his 49,600 YouTube subscribers that he thinks Bitcoin's uptrend will remain intact as long as BTC respects its immediate support at $90,000. “It's an uptrend.

A significant portion of inflows into U.S. spot Bitcoin ETFs is driven by short-term trading strategies rather than long-term investments. The post Only 44% of Spot Bitcoin ETF Inflows Aim for the Long Haul: 10x Research appeared first on Cryptonews.

This week is packed with major economic events that could impact Bitcoin's price and overall market sentiment. With crucial data releases and several Federal Reserve speeches lined up, traders and investors should stay alert for possible market swings.

Hong Kong-based investment holding company HK Asia will buy more Bitcoin after securing board approval to expand its cryptocurrency holdings. According to a Feb.

U.S. spot Bitcoin exchange-traded funds have experienced their second consecutive week of over $500 million in outflows leading up to Feb. 21. According to data from SoSoValue, the 12 spot BTC ETFs recorded $559.

HK Asia Holdings Limited has expanded its Bitcoin holdings, purchasing approximately 7.88 BTC for $761,705 on Feb. 20. The post HK Asia Board Approves Bitcoin Investment, Acquires 7.88 BTC for $761,705 appeared first on Cryptonews.

Montana's House of Representatives rejected a bill that would have allowed Bitcoin to be a state reserve asset, due to concerns about taxpayer risk.

The cryptocurrency market has taken a slight dip, with the global market cap falling by 1.16% to $3.14 trillion. Despite the downturn, trading activity has surged, with a 13.33% increase in 24-hour volume, reaching $78.12 billion. The Fear & Greed Index has settled at 40, indicating a neutral sentiment among investors.

Yet another strategic Bitcoin reserve (SBR) bill has been submitted to the Georgia Senate.