Bitcoin evangelist Michael Saylor, co-founder and the executive chairman of Strategy in charge of its BTC course, has addressed the global community to comment on the current 7.11% Bitcoin collapse.
The crypto markets are painted in red today, with the S&P 500 dropping close to 3% in the past few days. The Solana price, which was already trading in a sinking ship, witnessed a rise in the selling pressure, which caused the price to drop below $140.
On Monday, U.S. spot-listed bitcoin ETF outflows rose to $516 million as bitcoin tumbled toward $90,000.
Time.fun's latest move comes after a trial deployment on the Base network last year, which, by the company's standards, was largely successful.
Crypto market crash adds fuel to the growing token unlock fear among Solana holders. Solana (SOL) price crashed under $150 and warned of a plunge to $100 as Bitcoin hangs at $90K support.
Cryptocurrencies bitcoin and ether dropped to multi-month lows on Tuesday, caught up in a general cross-market sell-off, and as traders continued to process last week's hack of $1.5 billion worth of ether from cryptoexchange Bybit.
Liquidations crossed the $1.35 billion level in the past 24 hours as a market slide worsened.
Crypto exchange Bybit has recently announced that it has replenished its reserves following its staggering $1.5 billion hack, marking the largest breach in the history of the cryptocurrency industry.
The Bitcoin price has fallen more than -8.8% since Friday when Bybit suffered the biggest crypto hack in history. The flagship digital asset reached a peak of $99,493 late last week, only to retreat to roughly $91,500 at press time, marking a -5.5% decline since Monday.
Bitcoin failed to maintain its price in Tuesday's early hours, falling to nearly $88,600 and losing its $90,000 key support zone as investors ran to more stable assets in the wake of a new trade war.
Cryptos are experiencing a new episode of brutal volatility, shaking a market already weakened by macroeconomic uncertainties. Solana is collapsing by 14%, XRP and Dogecoin are down more than 8%, while Bitcoin has dipped below $91,000.
Ether is on the verge of slipping into a death cross, an ominous momentum indicator, with a mixed record of predicting price trends.
Metaplanet's Bitcoin Investment reaches 2,235 BTC after acquiring 135 BTC for $12.9 million at an average price of $96,000 per coin.
Historically bullish, February turns red for Ethereum as economic uncertainty, Trump's tariffs, and the Bybit hack push ETH below $2,400.
Wintermute withdrew over $38 million worth of Solana (SOL) from Binance on Feb. 24, just days before the largest token unlock in Solana's history, scheduled for March 1.
The Bybit hack, which resulted in the loss of $1.4 billion in Ethereum-related tokens, has sparked debate over its root cause.
Bitcoin has dropped 8% in February and is on track for its first negative monthly return since February 2020.
An analyst known for correctly timing the 2021 crypto crash is warning that Bitcoin (BTC) is getting close to witnessing a waterfall event. Pseudonymous analyst Dave the Wave tells his 148,300 followers on the social media platform X that Bitcoin is currently testing whether support at around $90,000 will hold.
Bitcoin's price has recently experienced a notable decline, crashing below $90,000 after slipping through critical support levels. The drop came as BTC struggled to maintain momentum, straying farther from the $100,000 mark.
There is blood all over Satoshi Street, with little hope of recovery in the coming days the market is sinking to its lowest levels with Bitcoin trading at a critical level of $89K. With the constant pull in Bitcoin prices after January's $108K show, major investors pull their money out of U.S. spot Bitcoin ETFs.
DOGE, SHIB, PEPE, and BONK are seeing massive losses, while BTC and XRP continued to outperform, maintaining significant post-election price gains.
The crypto market is witnessing another major wave of volatility today, with meme coins, altcoins like Solana, and even Bitcoin prices taking a major hit. Amid these declines and massive liquidation, a crypto trader lost $24M while swapping TRUMP tokens for USDC.
As Bitcoin (BTC) is expected to have a significant breakthrough, analysts forecast a clear price surge to $150,000 in the following few weeks. Institutional interest rises, and macroeconomic events seem positive; BTC remains steady at $97,000.
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.
Dogecoin (DOGE) price has slipped to test a multi-month support level of $0.20 after the broader crypto market retraced, causing a record $880M in liquidations within 24 hours. The decline in DOGE price forced the closure of many long positions, leading to a drop in open interest.
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.
Rachel Aguirre, the head of U.S. iShares products at BlackRock, highlighted the company's three key principles applied when considering the launch of a Solana ETF. She said that BlackRock's focus remained on meeting customer needs, defining the investment thesis, and evaluating the suitability of ETF packaging.
Investor sentiment in the cryptocurrency market has taken a sharp turn toward extreme fear, with the crypto fear and greed index tumbling to 25—its lowest level since September 2024. This dramatic shift comes as Bitcoin (BTC) drops below $93,000, triggering widespread sell-offs across major altcoins.
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.
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.