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news-imageFebruary 20, 2025

Crypto Markets To Face Downturn as Demand Drops for CME Bitcoin and Ether Futures: JP Morgan

JPMorgan analysts warn that the crypto markets could face a downturn soon, as institutional demand for CME bitcoin and ether futures has dropped. Crypto Market Drops 15% The crypto market has dropped 15% from its peak of $3.72 trillion on December 17 to about $3.17 trillion, signaling a big correction.
Publisher: CoinPedia
Sentiment: Negative
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Positive
cover-imageBitcoin
February 21, 2025

Bitcoin Nears $100K as Trading Volume and Futures Interest Surge

BTC traded as high as $99,497.97 before retreating, but the dominant digital asset has been gradually edging towards the $100,000 barrier, with bears getting squeezed on shorts to the tune of $128.35 million. Bitcoin Nears $100K But Meets Resistance Bitcoin (BTC) is edging closer to the highly anticipated $100,000 milestone, trading at $99,207.

Positive
cover-imageCryptonews
February 21, 2025

Russia's Bitcoin Mining Sector Records Growth as Mining Farms Increase by 7% in 2024: Report

A recent report shows Russia's Bitcoin mining sector expanded 7% in 2024, reaching 136,600 units, driven by an increase in mining farms. However, this growth raises concerns about energy consumption, regulation, and the strain on Russia's power grid, as many mining operations remain unregistered. The post Russia's Bitcoin Mining Sector Records Growth as Mining Farms Increase by 7% in 2024: Report appeared first on Cryptonews.

Negative
cover-imageCointribune
February 21, 2025

Bitcoin: Saylor Warns Against A Takeover By China

Michael Saylor proposes a bold vision: the United States should acquire 20% of the circulating bitcoins. In a speech at CPAC, he stated that such a strategy could not only strengthen the dollar but also help pay off the national debt.

Positive
cover-imageThe Daily Hodl
February 21, 2025

Investment Giant Franklin Templeton Launches Mixed Bitcoin and Ethereum Exchange-Traded Fund

The financial services giant Franklin Templeton has launched a mixed Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded fund (ETF). Coinbase will provide custody services for the new Franklin Crypto Index ETF (EZPZ), the firm's third crypto exchange-traded fund. Franklin Templeton also launched single-asset Bitcoin and Ethereum ETFs last year.

Negative
cover-imageThe Currency Analytics
February 21, 2025

Bitcoin Faces $100K Resistance After Multiple Rejections

Bitcoin (BTC) has found itself in a critical price zone just below the psychological $100,000 level, with three failed breakouts already marking the resistance point. The cryptocurrency has tried to breach this milestone multiple times, only to face rejection each time, and now it finds itself once again testing this major resistance.

Negative
cover-imageBitcoin
February 21, 2025

Major Outflows Hit Bitcoin Exchange-Traded Funds With $365 Million Exit; Ether ETFs End Four-Day Inflow Streak

Bitcoin ETFs experienced a substantial net outflow of $365 million, while ether ETFs saw a $13 million withdrawal, ending a four-day streak of inflows. Crypto ETFs Face Setbacks With $365 Million and $13 Million Outflows The notable capital movements on Thursday, Feb. 20 saw bitcoin exchange-traded funds (ETFs) face a significant net outflow of $364.

Neutral
cover-imageCoinPedia
February 21, 2025

Strategy Raises $2B for Bitcoin—Is It Taking on Too Much Debt?

Strategy is once again making waves with its aggressive Bitcoin strategy. The company plans to raise $2 billion through a private sale of convertible bonds, which are set to mature in 2030. These bonds won't pay regular interest, but investors can choose to convert them into cash or Strategy's Class A shares.

Negative
cover-imageCrypto Economy
February 21, 2025

River: Microsoft's Majorana 1 Chip Could Impact Bitcoin's Quantum Resistance Timeline

TL;DR Microsoft's Majorana 1 chip, a quantum computing innovation, could accelerate the timeline for Bitcoin's quantum resistance due to its advanced processing capabilities. The chip's Topological Core architecture enables the creation of stable and scalable qubits, raising concerns about Bitcoin and other cryptocurrencies' vulnerability to quantum computing attacks.

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