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 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.

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%.

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.

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.

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.

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.

XRP News: A renowned legal expert has caught the eyes of the crypto market participants with his recent comment on the ongoing XRP vs Bitcoin war. Notably, a flurry of market participants said the debate between the Ripple and BTC community heated up last week.

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.

Montana's Bitcoin reserve bill failed approval from the House on Feb. 22, with 41 – 59 votes, “largely due to fiscal conservative opposition.” The post Montana House Lawmakers Vote Against Bitcoin Reserve Bill appeared first on Cryptonews.

The crypto market kicked off the week on a bearish note, with Bitcoin (BTC) slipping back to the $95K level, dragging major altcoins lower. Ethereum (ETH), Solana (SOL), and XRP fell between 1% and 5%, while meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) also posted losses.

February 24, 2025 05:32:12 UTC Bybit Bounces Back: Fully Secured Client Funds with 400K+ ETH Bybit CEO Ben announced that the company has completely closed its ETH gap. A new audited Proof of Reserves report is on its way, confirming that client funds are now fully backed 1:1 using a merkle tree.

Gold and Bitcoin have long been compared as alternative assets, yet recent market trends have highlighted a stark divergence between the two. As gold approaches its all-time high of $3,000 per ounce, Bitcoin (BTC) struggles to maintain momentum, remaining stuck below the $100,000 mark for much of February 2025.

A key demand zone has formed just below Bitcoin's current price due to significant buying interest in this particular zone. On-chain data from IntoTheBlock shows that 2.76 million addresses have accumulated 2.1 million BTC at this price, creating a strong support base.

Montana joins North Dakota, Wyoming, and Pennsylvania in halting proposals to include Bitcoin in state reserves.

Shares in HK Asia Holdings Limited nearly doubled after it bought its first Bitcoin a week ago, and now the investment firm just bought another 7 BTC.

Crypto Market Today (February 24): A wave of caution engulfed traders and investors as the week kicked off, primarily as Bitcoin (BTC) price waned back to the $95K level. Moreover, Ethereum (ETH), Solana (SOL), and XRP prices also tanked 1%-5%, mimicking the flagship coin.

10x Research's Markus Thielen says the demand for Bitcoin as a long-term asset could be “significantly smaller than the media portrays.”

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On February 22, the Montana House of Representatives voted 41-59 against a bill that would have made Bitcoin a state reserve asset. The proposed House Bill No.

Michael Saylor, co-founder of Strategy (formerly MicroStrategy), has recently fueled speculation regarding the company's next major Bitcoin acquisition. His cryptic post on social media has led the cryptocurrency community to believe that another large purchase is imminent.

Bitcoin price failed to gain pace for a move above the $100,000 zone. BTC again declined and is currently consolidating near the $96,000 zone.

Bitcoin is showing strong technical signals of a potential price surge as it trades above key moving averages. The 50-week SMA stands at $74,890, while the 20-week SMA is around $91,070historically reliable support levels in past bull markets.