Tag: Bitcoin Market
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As the Bulls Eye Breakout, Bitcoin Holds $98K—Will It Rise to $108K?
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Bitcoin managed to hold steady above $98,000 on February 21, marking its strongest daily close in nearly three weeks. The flagship cryptocurrency ended the day at $98,330 on Bitstamp, bringing a much-needed wave of relief to traders who had endured weeks of low volatility. Bitcoin Sees Its Best Daily Close in Weeks Despite trading within…
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Forecasts for the Crypto Market Inspire Investor Interest and Wariness
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A cryptocurrency analyst named Inmortal has made notable predictions regarding the market’s future. Through social media, he expressed a strong bullish outlook for Chainlink (LINK) and Ethereum (ETH) . While his assessments have captured investor attention, there is a critical reminder about the inherent volatility of the market. Target Set at $53 for Chainlink Inmortal suggested that…
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Crypto ETF Exodus: Bitcoin and Ether Funds See Billions in Outflows
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The crypto ETF market faced another turbulent week from February 24 to 28, with significant capital outflows from both Bitcoin and Ether funds. Bitcoin ETFs saw a net outflow of $2.61 billion, marking the third straight week of losses, while Ether ETFs lost $335.35 million. Bitcoin ETFs See Record Withdrawals Investor sentiment took a sharp…
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Trump’s White House Crypto Summit Set for March 7
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US President Donald Trump will host the first-ever White House Crypto Summit on March 7, bringing together top industry leaders, policymakers, and investors to discuss key issues in the crypto space. The event, chaired by David Sacks, the White House’s AI and Crypto Czar, aims to address regulatory policies, stablecoin oversight, and Bitcoin reserve legislation.…
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Dormant Bitcoin Wallets Stir: $130M in Old BTC Moves in February
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In February 2025, dormant Bitcoin wallets saw renewed activity, moving 1,549.25 BTC—valued at approximately $130.45 million at a per-unit price of $84,202. Blockchain tracker btcparser.com flagged these transfers as part of a measured yet reduced reallocation compared to January, signaling cautious maneuvers amid market volatility. Legacy Wallets Show Mixed Engagement The revived BTC originated from…
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Sam Altman’s World is ordered by Brazil to stop cryptocurrency payouts for the collection of biometric data
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Brazil’s data protection authority has directed Sam Altman’s World, formerly Worldcoin, to cease offering cryptocurrency or financial rewards for collecting biometric data from its citizens.This directive, issued on January 24, 2025, comes after an investigation launched in November 2024, following the debut of the World ID project in Brazil. What is World Network and Its…
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Michael Saylor Hints at a New Bitcoin Purchase from MicroStrategy
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MicroStrategy, a software intelligence company, is back in the spotlight for its bold Bitcoin (BTC) acquisition strategy. Its chairman Michael Saylor has teased another Bitcoin purchase is on the horizon. With Bitcoin’s value soaring, currently sitting at around $101,490, the company’s holdings are now worth an impressive $47.3 billion. Its calculated investment strategy is paying…
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Crypto Market Bloodbath: $325 Billion Vanishes Amid Selling Pressure
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The cryptocurrency market has witnessed a brutal sell-off, erasing $325 billion in market capitalization since Friday. A major security breach at Bybit and concerns over liquidity have fueled the downturn, sending Bitcoin below $90,000. Meanwhile, Citadel Securities’ potential entry as a crypto liquidity provider and comments from former FTX CEO Sam Bankman-Fried add to the…
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Bitcoin Slumps Below $90K Amid Market Sell-Off
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Bitcoin has plunged below the $90,000 mark, hitting a three-month low as market-wide selling pressure takes hold. The flagship cryptocurrency dropped 7% to $86,915, briefly touching $86,128—its lowest level since November. The decline follows weakness in equity markets, where top-performing stocks have seen sharp pullbacks. Analysts cite increased macroeconomic uncertainty and profit-taking as key factors…
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Coinbase Derivatives Files for Solana and Hedera Futures Contracts
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Coinbase Derivatives has submitted an application to the Commodity Futures Trading Commission to list new futures contracts for Solana and Hedera. The U.S.-based exchange plans to introduce these cash-settled contracts in February or later, pending regulatory approval. Details of the Proposed Contracts The proposed Solana futures will have a contract size of 100 SOL, with an estimated notional value…