European Central Bank (ECB) adviser Jürgen Schaaf recently criticized Bitcoin's economic utility, and argued that national Bitcoin reserves are too risky and lack fundamental necessity.
Investors pulled out funds from bitcoin and ether spot ETFs Tuesday as dwindling basis in the CME futures dented the appeal of carry trades.
Bitcoin has fallen below the $90,000 support level, with analysts at 10X Research warning that macroeconomic pressures could push its price down to $73,000. The post Bitcoin Could Drop to $73K as Macro Pressures Mount: 10X Research appeared first on Cryptonews.
The Ethereum Foundation has undergone a major leadership transition. Aya Miyaguchi, who served as Executive Director for seven years, has stepped into the role of President.
The move higher was in line with a CoinDesk analysis on Tuesday, as a five-month low in a sentiment index and a large-scale liquidation event indicated assets were likely oversold and could see relief in the short term.
Bitcoin's price has faced a dramatic downturn, falling below $90,000 and reaching as low as $87,000 levels today. This steep decline places the cryptocurrency further away from its January all-time high of over $109,000.
Bitcoin's fall dragged down down altcoins as investor sentiment tanked to a five-month low.
Crypto prices today (February 26): Traders and investors remain rattled as Bitcoin (BTC) price briefly touched the $86K mark intraday, whereas altcoins showed a rising action during early Asian hours on Wednesday. ETH neared $2,500 after dropping to the $2,300 zone recently.
The U.S. Securities and Exchange Commission (SEC) is reviewing a proposal to allow staking in Grayscale's Ethereum Exchange-Traded Fund (ETF), with a decision expected before May 26, 2025. The filing, submitted by NYSE Arca on February 14, 2025, seeks regulatory approval for staking activities within the Grayscale Ethereum Trust ETF and the Grayscale Ethereum Mini
Despite a sharp drop in its stock, Strategy's structural safeguards and ability to raise equity make a forced Bitcoin liquidation "unlikely."
ETH price stabilizes at key accumulation zones, raising questions about future price movements.
Bitcoin has dropped nearly 11% from Monday's highs of $96,500 to three-month lows below $87,000 amid heightened macroeconomic and geopolitical concerns. Highly followed analyst Titan of Crypto contends that Bitcoin remains in a bullish market structure.
February 26, 2025 03:37:24 UTC Bitcoin Outperforms All Sectors as AI, Agents, and Memecoins Lead Losses Bitcoin has outperformed all sectors in 2025, with major categories facing steep losses. AI frameworks suffered the biggest decline at -84.05%, followed by agents (-70.27%), memecoins (-51.74%), gaming infrastructure (-51.54%), and modular projects (-47.48%).
Investor caution amid macroeconomic concerns could lead to prolonged volatility in crypto markets, impacting broader financial stability. The post Bitcoin ETFs suffer record $935 million net outflows as investors turn risk-averse appeared first on Crypto Briefing.
Earlier this morning, Bitcoin (BTC) hit a yearly low of $86,888 amid a broader market downturn. According to data from CoinGlass, the crypto market sell-off led to over $1.5 billion in liquidations in the past 24 hours, impacting 394,944 traders.
Strive Asset Management CEO Matt Cole has urged Gamestop to adopt bitcoin as part of its treasury reserve strategy, a proposal acknowledged by Chairman Ryan Cohen but not yet publicly endorsed by the company.
Ethereum price started a fresh decline from the $2,550 resistance zone. ETH is down over 10% and now attempts a recovery wave from the $2,300 zone.
Michael Saylor, Chairman of Strategy (formerly MicroStrategy), has once again suggested that the current market conditions present a golden opportunity to buy Bitcoin. The cryptocurrency, which had recently reached highs of $96,500, has seen a decline of nearly 6% over the past 24 hours, with the price dipping below the $91,000 mark.
Bitcoin price started a fresh decline below the $90,000 support. BTC must stay above the $86,000 zone to avoid more losses in the near term.
Bitcoin's sharp decline to 86,099 wiped out $1.06 billion across the crypto market, with long positions suffering $873 million in losses. According to Feb.
Bitcoin (BTC) is facing a critical moment, fluctuating between $85,000 and $95,000. A break below $90,000 could trigger a sharp decline, but with little resistance above $95,000, a bullish breakout could be just as swift.
Strive Asset Management CEO Matt Cole has urged GameStop (NYSE:GME) to adopt the Bitcoin Standard, positioning the company as a leader in Bitcoin treasury management within the gaming sector. In a letter to GameStop Chairman and CEO Ryan Cohen, Cole outlined a strategy to transform GameStops financial outlook by shifting its $5 billion cash reserves into Bitcoin.
A massive Bitcoin transaction has caught the markets attention as 8,022 BTC, valued at nearly $738.86 million, was transferred from Coinbase (NASDAQ:COIN) to an unknown wallet. Blockchain tracker Whale Alert flagged the transaction, fueling speculation about a potential new whale or institutional accumulation.
Bitcoins price action remains turbulent, with the flagship cryptocurrency dropping 9% in two days to $88,000, triggering $1.5 billion in liquidations. Despite market chaos, top trader DonAlt sees nothing unusual, emphasizing that a potential rebound is on the horizonif BTC can reclaim critical levels.
Peter Schiff, a long-time Bitcoin critic, is once again warning of disaster for Michael Saylors Bitcoin-focused strategy. As BTC dips below $89,000, Schiff argues that Strategy, formerly MicroStrategy, is on the brink of collapse due to its aggressive Bitcoin accumulation backed by debt.
Despite recent price swings, CryptoQuant CEO Ki Young Ju asserts that Bitcoin remains in a bullish cycle. He dismisses fears of a bear market, emphasizing that BTCs ongoing correction is typical in a bull run.
Renowned market commentator Peter Schiff said Tuesday that only a strategic Bitcoin (CRYPTO: BTC) reserve announced by President Donald Trump could halt the ongoing market slump. What happened: In an X post, Schiff wrote, "I think the only thing that can delay a Bitcoin meltdown is Trump.
The Ethereum Foundation (EF) conducted a Reddit Ask Me Anything (AMA) session a few hours ago.
GameStop's potential Bitcoin investment could redefine its market position, offering a hedge against inflation amid declining sales. The post GameStop CEO confirms receiving Bitcoin investment proposal from Strive CEO appeared first on Crypto Briefing.
The firm urged GameStop to avoid investing in other cryptos, calling Bitcoin the only “true store of value” among digital assets.
SEC's silence in the Ripple case sparks criticism as legal uncertainty looms over XRP. Will the agency drop its appeal?
Bitcoin (BTC), the market's leading cryptocurrency, has officially entered a new downtrend phase following a period of consolidation around the mid-$90,000 levels. After reaching an all-time high of $109,000 in January, Bitcoin has now seen a significant drop of 7%, bringing its current price to approximately $87,400.
Cardano (ADA) held up well on Monday despite a sharp drop in the prices of other major cryptos like Bitcoin (BTC), with the crypto holding firmly above its 200DMA, a sign that bulls are still putting up a solid fight. The post Cardano Eyes 70% Surge – Hoskinson Takes Shots at Ethereum and Solana appeared first on Cryptonews.
Bitcoin's price plummeted to $88,500 on Feb. 25, triggering $1.48 billion in liquidations across the futures market. This significant correction, which sent Bitcoin well below the short-term holder realized price, was partly sparked by macro uncertainty following Trump's proposed tariffs.
Swan Bitcoin's John Haar says shockwaves would be sent through the markets if GameStop uses its $4.6 billion in cash to buy Bitcoin and commits to buying more.
Bybit hack: crypto exchange Bybit has received $600 million in Ethereum (ETH) deposits from Mirana Ventures following a $1.5 billion hack. The exchange had previously suffered a major security breach, resulting in a loss of ETH-based tokens.
On-chain data shows the number of Bitcoin loss addresses has shot up following the cryptocurrency's dive toward $87,000. Bitcoin Market Delivered Shock As Price Plummets 7% In Past Day Bitcoin had already been following a bearish trajectory during this month, but it appears the asset's decline has seen an acceleration in the last 24 hours as its price has dropped by more than 7%.
Michael Saylor's Strategy, formerly known as MicroStrategy, is facing one of its biggest tests yet has tumbled by more than 55% since the year started in the stock market, per data from Google Finance.
Ethereum (ETH) is on the brink of a significant market shift, with more than $2 billion in short positions at risk of liquidation if the price climbs to $3,000. This potential liquidation could fuel a short squeeze, pushing Ethereum's price higher as short sellers rush to cover their positions.
The importance of the Lightning Network for Bitcoin
Ethereum Foundation Executive Director Miyaguchi has stepped down to assume a new role as President.
Bitcoin has dropped to its lowest point since 2025, breaking below a significant sideways channel and suggesting that there may be more downward pressure. Bitcoin is currently trading at $88,835, having dropped by almost 3% over the last day and broken through the crucial $92,000 support level.
Bitcoin is trading below key demand levels after days of price compression between critical support and resistance zones. The long period of consolidation finally broke downward, with BTC losing the crucial $90K support and setting a fresh low at $86K.
Bitcoin's recent price drop below $90,000 has raised concerns in the market as it continues to struggle with momentum and key support levels. The flagship cryptocurrency is now testing its $87,041 support level, and failure to hold this could trigger a deeper decline toward $85,000, compounding the market downturn.
Coinbase, MicroStrategy, and other publicly traded firms saw sizable losses Tuesday as crypto and stock prices alike plummeted.
To get the latest market news check out finance.yahoo.com Crypto stocks sank across the board early Tuesday as bitcoin (BTC-USD) dropped below $90,000 for the first time since November. Crypto heavyweights Strategy (MSTR) and Coinbase (COIN) led the declines.
Ethereum (ETH) has seen a sharp decline of over 14.30% in the last 24 hours, dropping to around $2,330 on February 25. This price plunge marks the lowest level for ETH since the beginning of the month and is driven by a mix of negative market sentiment and external factors.
CNBC's Tanaya Macheel 'Fast Money' to talk Bitcoin sliding to a 3-month low.