Montana lawmakers shot down a bill that would have enabled the state government to invest in Bitcoin (BTC) as a reserve asset. Forty Republicans and one Democrat in Montana's House of Representatives voted for the bill, but 41 Democrats and 18 Republicans rejected it.

Lawmakers from a second US state this week have rejected a bill proposing using Bitcoin (BTC) as an officially held state asset. South Dakota lawmakers voted on Tuesday to defer South Dakota HB1202, essentially putting down the proposal. The bill was deferred to the 41st legislation day of the 40-day session.

As the price of Bitcoin hovers at a three-month low, an investment bank analyst and noted entrepreneur warned that more pain lurks ahead.

A key Bitcoin price indicator is screaming “generational buy opportunity,” while several analysts encourage traders to zoom out and see the bigger picture.

The cryptocurrency market is facing significant downturns, with Bitcoin trading at critical levels around $89,000, a far cry from its $108,000 peak in January. The recent sell-off has triggered a wave of outflows from U.S. spot Bitcoin ETFs, marking the fifth consecutive day of withdrawals.

Digital assets markets are plummeting following Bitcoin's (BTC) loss of the $90,000 level and subsequent collapse to $86,141, triggering severe corrections in most altcoins as well. According to crypto data aggregator CoinGlass, there have been over $1.58 billion in liquidations in the last 24 hours, most of them leveraged long positions in Bitcoin.

Bitcoin (BTC) kicked off the week on a bearish note, extending Monday's sharp decline into Tuesday.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

BTC's price is down to a multi-month low.

Michael Saylor's Strategy secured an impressive $2 billion through a fundraising initiative aimed at accelerating the company's Bitcoin acquisition plans. This fundraising is part of a broader strategy to accumulate Bitcoin aggressively, with the ambitious goal of surpassing the 500,000 BTC milestone.

Bitcoin Magazine Voltage Aims To Bring Bitcoin's Lightning Network To Every Business In The World Voltage founder and CEO Graham Krizek continues to make Lightning more usable for companies. This post Voltage Aims To Bring Bitcoin's Lightning Network To Every Business In The World first appeared on Bitcoin Magazine and is written by Frank Corva.

The cryptocurrency market has crashed over 8.85% overnight with a trading volume of $187.56 billion. With this, the crypto-verse is now valued at $2.86 Trillion. Reportedly, the cryptocurrency market has wiped out over $260 billion in 36 hours, making it the worst-performing period of the year.

The firm known as “Asia's MicroStrategy” continues to accumulate Bitcoin despite the massive market slump.

Bitcoin Magazine The University of Austin (UATX) Partners with the Texas Bitcoin Foundation, Bitcoin Policy Institute, Unchained, and Strive to Host the Satoshi Papers Symposium The University of Austin (UATX) Partners with the Texas Bitcoin Foundation, Bitcoin Policy Institute, Unchained, and Strive to Host the Satoshi Papers Symposium This post The University of Austin (UATX) Partners with the Texas Bitcoin Foundation, Bitcoin Policy Institute, Unchained, and Strive to Host the Satoshi Papers Symposium first appeared on Bitcoin Magazine and is written by Lana Miles.

As bitcoin dipped on Monday and into Tuesday, Peter Schiff—a vocal economic pundit and longtime BTC skeptic—leveraged the digital asset's decline to lob a critique at Strategy's Michael Saylor and the cryptocurrency's volatility.

Strive Asset Management CEO Matt Cole urged GameStop to adopt Bitcoin as a reserve asset, arguing that the move could redefine the company's financial strategy. In a letter sent to GameStop Chairman and CEO Ryan Cohen on Feb.

With the rise of cryptocurrencies, one question often arises: can one live solely on bitcoin? This is the challenge that Martin, a crypto-enthusiast adventurer, took on as he traversed Switzerland, paying exclusively in BTC.

Bernstein analysts on Tuesday suggested that Bitcoin‘s (CRYPTO: BTC) correction presents an attractive entry point for long-term investors, particularly if prices dip below $80,000. What Happened: The report coincides with a public endorsement from Eric Trump, who tweeted “Buy the dips!

Bitcoin price dropped to $86,050, but investors' economic worries could also be reasons to generate longer-term demand for BTC.

The cryptocurrency market is experiencing a dramatic reversal of fortune as Bitcoin has plunged below $90,000, reaching its lowest level since mid-November. This decline marks a significant departure from the buoyant rally that followed President Trump's election, signaling a broader retreat from risky assets amid growing market uncertainty. Bitcoin's sharp drop, as much as 8.

Investors appear to have panicked now that what was initially perceived as a pullback has evolved into a much more concerning retreat.

The crypto asset management firm said it would "continue to invest in the team and in new solutions across beta, alpha, and onchain."

Concerns about a bear market are growing as Bitcoin ETF outflows ramp up dramatically alongside the ongoing volatility. Other hopes, like state-level Bitcoin Reserves, are failing, and it's difficult to find a clear bullish trend.

Bernstein analysts see a potential bitcoin entry point below $80,000, viewing the current price correction as temporary.

2025 has not started off the way many crypto investors expected it would. As soon as President Donald Trump was elected last year, the immediate expectation was that big things were coming for crypto.

How did Michael Saylor's firm amass a record stash of Bitcoin? Here's a look back at how Strategy made such massive gains.

While some traders remain hopeful for an altcoin rally, crypto chart analyst Ali Martinez warns that current market conditions don't favor it. What Happened: In a detailed post on X on Feb. 22, Martinez laid out a harsh reality—altcoin season isn't taking off.

Bitcoin's network difficulty remains high despite a sharp hash rate decline.

Heightened bearish pressure continues to hinder Bitcoin, causing its price to drop as low as $89,000 Today after a recent attempt to recover the pivotal $100,000 mark. With the current decline in price, many investors are witnessing significant losses in their BTC investments, increasing the likelihood of a sell-off.

Bitcoin's apparent demand drop and market fear raise concerns about potential price declines ahead.

The former CEO of Binance, Changpeng Zhao (CZ), recently revealed his allocation of investments in crypto in his wallet.

U.S. spot-listed bitcoin ETFs experienced the second-biggest outflows of the year on Monday, dropping $516 million, according to Coinglass data. CoinDesk's Christine Lee explains why outflows may continue on "Chart of the Day.

Bitcoin, the leading cryptocurrency, is expected to remain under bearish pressure by banking giant Standard Chartered.

Bitcoin spiraled below $88,000 Tuesday after U.S. President Donald Trump said Canada and Mexico import tariffs will go forward in March and state bitcoin reserve bills fail to win approval. Meanwhile, Strategy and "Asia's MicroStrategy" continue to buy bitcoin.

Japanese public-traded company Metaplanet, which emulates Strategy's Bitcoin treasury model, has bought the top — spending roughly $13 million on the biggest cryptocurrency just hours before its Tuesday's drop to a three-month low.

BTC price action leaves $109,000 far behind as selling pressure keeps the Bitcoin bears in control of the cryptocurrency market.

Michael Saylor's Strategy has expanded its Bitcoin holdings to 499,096 BTC with a $2 billion purchase, despite concerns over its financing model and declining stock performance.

It's a blood-red Tuesday across the crypto markets.

Bitcoin's price action has been shaky, but for top crypto trader DonAlt, it is nothing out of the ordinary. He pointed out that the range low test is done, and as long as Bitcoin (BTC) closes above that level, a bounce next week seems likely.

The crypto market faced notable withdrawals on Feb. 24, with bitcoin ETFs experiencing a net outflow of $516 million and ether ETFs shedding $78 million. Major funds, including Fidelity's FBTC and Blackrock's IBIT, led the downturn, reflecting a negative sentiment among investors.

A massive 8,022 BTC worth nearly $738.86 million has recently exited major crypto exchange Coinbase, sparking interest on the crypto market.According to the blockchain data tracker Whale Alert, "8,022 BTC worth $738,863,880 were transferred from Coinbase to unknown new wallet."

The interest rate outlook has gotten appreciably softer over the past couple of weeks.

"Do not buy the dip yet. A move to the low 80s is on," Standard Chartered analyst Geoff Kendrick said of the latest sell-off.

Matt Hougan, chief investment officer at asset manager Bitwise, says the crypto market's current downturn marks the end of the meme coin boom.

Bitcoin (BTC) has been struggling lately, and it is getting tricky. With little to stop a major drop below $90,000, things could get messy quickly.

A blood-red day for the crypto market! What is the next step for savvy investors? Bitcoin ETFs saw over $500 million in daily net outflows, marking the fifth-largest since January 2024. Fidelity's FBTC led with $247 million leaving, followed by BlackRock's IBIT at $158.6 million and Grayscale's GBTC at $59.5 million.

Bybit's exploit, Trump's implementation of trade tariffs against Mexico and China, ETF outflows, and concerns about rising inflation have all fueled bitcoin's 13% dump since Friday.