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The market shows that BTC broke through $85,500 and is now reported at $8,508.79, with a 24-hour increase of 7.8%.
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SOL rebounded and briefly surpassed $150, now trading at $149.66, a 24-hour gain of 14.28%.🪙
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ACID Labs has announced the completion of an $8 million financing round, with a16z Speedrun and NFX leading the investment.👀
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🗞 February 28, 2025 cryptocurrency news highlights
【Cryptocurrency】
USDT's deployment on the TON blockchain has seen the fastest stablecoin growth on any chain to date, with nearly $1.5bn issued in just 10 months.
【Economy】
Analyst: Trump Tariffs Re-emerge as Market Focus, Asian Markets Maintain Risk-off Sentiment, Causing Bitcoin to Fall Below $80,000
【Indicators】
Bitcoin Bounce or Retest Key Support at $73,835, Setting the Stage for Further Upside
【More】
In 5 years, they will call you “lucky” for buying bitcoin at $80K.
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USDT's deployment on the TON blockchain has seen the fastest stablecoin growth on any chain to date, with nearly $1.5bn issued in just 10 months.
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Analyst: Trump Tariffs Re-emerge as Market Focus, Asian Markets Maintain Risk-off Sentiment, Causing Bitcoin to Fall Below $80,000
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Bitcoin dropped below $85,000, currently trading at $84,694.💰📉
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BitMEX is seeking a buyer and has enlisted investment bank Broadhaven Capital Partners to assist with the sale.💰
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🗞 February 27, 2025 cryptocurrency news highlights
【Cryptocurrency】
Binance has supported the Sui network's USDC, and the APR for the SUI/USDC pool on Turbos Finance is currently reported at 260%.
【Economy】
President Donald Trump said 25% tariffs on Canada and Mexico will take effect on March 4, and said he would impose an additional 10% tax on Chinese imports.
【Indicators】
Over $760m was liquidated in the past 24 hours, including $610m in long positions, as Bitcoin saw significant volatility, falling from $89,000 to as low as $82,000 before recovering at $85,000.
【More】
FTX’s bankruptcy is the costliest crypto-related case and rivals some of the largest financial collapses in history, though still far from Lehman Brothers’ $6bn bankruptcy cost.
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Bybit Hack Laundering Nets THORChain $3 Million in Transaction Fees
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FTX’s bankruptcy is the costliest crypto-related case and rivals some of the largest financial collapses in history, though still far from Lehman Brothers’ $6bn bankruptcy cost.
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SEC, Justin Sun, Tron Ask Court to Pause Fraud Case Over 'Potential Resolution'
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The market shows that BTC has fallen below $83,000, and now it is reported at $82,931.98, with a 24-hour decline of 5.62% 📉
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🗞 February 26, 2025 cryptocurrency news highlights
【Cryptocurrency】
OKX, the world's third-largest crypto exchange, released its 28th consecutive Proof of Reserves (PoR) report, showing $28.1bn in reserve assets as of February 25, 2025—up 59% year-over-year.
【Economy】
Bybit has officially registered with Indian authorities, restoring all services for existing users as of February 25, including the ability to open new trades and access all products.
Robinhood CEO: The Trump administration may pass stablecoin legislation this year 🫠
【Indicators】
Ark Invest bought $8.7 million worth of COIN stock this Tuesday and sold an equivalent amount of Bitcoin spot ETF.
【More】
GMGN will undergo a database upgrade tomorrow at 10:30 AM, with an expected downtime of 10 minutes.
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Ark Invest bought $8.7 million worth of COIN stock this Tuesday and sold an equivalent amount of Bitcoin spot ETF.
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US judge tosses SEC fraud suit against Hex founder Richard Heart
A US judge tossed the SEC’s case against Hex founder Richard Heart, stating it couldn’t decide whether he defrauded investors of $12.1 million because the US lacked jurisdiction.
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2 billion USDT was burned on the Ethereum network by Tether Treasury approximately 3 hours ago.💲
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Bitcoin is struggling to break through key resistance levels, raising concerns of a bull trap. Despite recent gains, strong resistance could trigger a pullback if momentum weakens. Traders are watching for confirmation before expecting further upside. 🪙
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In 5 years, they will call you “lucky” for buying bitcoin at $80K.
So remember this. Remember how it feels to buy the dip while it crashes.
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Bitcoin Bounce or Retest Key Support at $73,835, Setting the Stage for Further Upside
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Bitcoin dropped below $80,000, with a 24-hour decrease of 5.4% & SOL fell below $130, currently trading at $129, with a 24-hour decrease of 6.24%.📉👀
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Jim Cramer says you should stay away from MicroStrategy 👀
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🪙 XRP is battling to hold the $2.20 support level. A breakout above could push it to $2.50–$2.70, while a drop below may lead to $1.96. Market indicators show mixed signals, with bullish momentum weakening.
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President Donald Trump said 25% tariffs on Canada and Mexico will take effect on March 4, and said he would impose an additional 10% tax on Chinese imports.
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Binance has supported the Sui network's USDC, and the APR for the SUI/USDC pool on Turbos Finance is currently reported at 260%.
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Over $760m was liquidated in the past 24 hours, including $610m in long positions, as Bitcoin saw significant volatility, falling from $89,000 to as low as $82,000 before recovering at $85,000.
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U.S. Treasury Secretary Scott Bessent named Galaxy Digital regulatory counsel Tyler Williams to advise on digital assets and blockchain technology policy
Williams currently serves as head of Regulatory and Legislative Affairs & Regulatory Counsel at Galaxy Digital and also lectures part-time at The George Washington University Law School.
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Bybit has released forensic investigation relating to the recent exploit, which shows that the hack was carried out by the Lazarus Group, who exploited a compromised Safe{Wallet} developer machine to introduce a disguised malicious transaction targeting Bybit’s Safe
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GMGN will undergo a database upgrade tomorrow at 10:30 AM, with an expected downtime of 10 minutes.
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OKX, the world's third-largest crypto exchange, released its 28th consecutive Proof of Reserves (PoR) report, showing $28.1bn in reserve assets as of February 25, 2025—up 59% year-over-year.
⚫️ 128k BTC: +1.59% from its last PoR on January 10, 2025
⚫️ 1.7m ETH: -4.44%
⚫️ 8.54bn USDT: +9.86%
⚫ 1.3bn USDC: +11.52%
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