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On February 21, 2025, Bitcoin dropped 3.07% to $95,220 after a $1.46 billion hack hit Bybit’s Ethereum wallet, causing market volatility as BTC tests the $95,000 support level. 💻
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🗞 February 21, 2025 cryptocurrency news highlights
【Cryptocurrency】
🇦🇷Argentina’s Senate is demanding a report on President Milei’s alleged role in a cryptocurrency scandal involving $ LIBRA, which surged and crashed after his promotion. The investigation seeks transparency on potential misconduct, though legal consequences may be limited. 🔍
【Economy】
Argentine President Javier Milei gifted Elon Musk a Department of Government Efficiency (DOGE)-themed chainsaw, the symbol of his campaign and presidency, representing his aggressive economic reforms.
【Indicators】
Nano Labs has completed a private placement of approximately $5.9 million, raising funds in Bitcoin and USDT.
【More】 The probability on Polymarket of "Trump establishing a strategic Bitcoin reserve within 100 days of taking office" has dropped to 10%.
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Argentine President Javier Milei gifted Elon Musk a Department of Government Efficiency (DOGE)-themed chainsaw, the symbol of his campaign and presidency, representing his aggressive economic reforms.
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Musk changes his X account profile picture: "The Dogefather" appears in the background
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Yesterday's Grayscale Mini BTC had a net outflow of $61.1 million, while GBTC had a net outflow of $33.5 million. In addition, yesterday's Grayscale ETHE had a net outflow of $10.3 million, and Mini ETH had a net inflow/outflow of 0.🕯
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Bitcoin is trading at $98,548, nearing the key $98,800 resistance. A breakout could push it to $100K, while failure may lead to a pullback to $96,800 or $95,000. 🕯
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🟠 Fidelity calls Bitcoin's Lightning Network the most efficient way to transact in the digital asset ecosystem 👀
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President Donald Trump is considering giving 20% of the identified savings from the Department of Government Efficiency (DOGE) to American citizens and 20% to paying down debt.
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Bitcoin's price surged to $97,000, now trading at $96,800, with a 24-hour gain of 1.6%.💰
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Bitcoin may fall to $86,000 as demand drops from 279,000 BTC in November 2024 to 70,000 BTC, per a February 19, 2025, CryptoQuant report. Low network activity and liquidity signal ongoing pressure, though a sentiment reset might signal an impending price bottom. 🕯
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🗞 February 19, 2025 cryptocurrency news highlights
【Cryptocurrency】
Yesterday's Bitwise BITB Net Outflow was $112.7 million💣
【Economy】
Trump Plans to Impose New Round of Tariffs on Imported Goods
【Indicators】
Around $350m in liquidations, including $277m from long positions, hit the crypto market in the past 24 hours as Bitcoin saw significant volatility, climbing to $96,000 before dropping to $93,000 and then returning to $95,000.
【More】
🇺🇸 Riot Platform's Pierre Rochard to the Texas State Senate: "Bitcoin will continue to accrue long term value, so now is the perfect time to make a strategic investment."
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Trump Plans to Impose New Round of Tariffs on Imported Goods
February 19th. U.S. President Trump announced that he may impose a 25% tariff on imported cars, semiconductor chips, and drugs, with the earliest implementation date being April 2nd. Trump also mentioned that the tariffs on semiconductors and drugs may be further increased within a year, giving companies time to relocate production to the U.S. to avoid the tariff impact.
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X, a company founded by Elon Musk, is currently in talks for funding, with a valuation reaching $44 billion.
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Bitcoin touched a low of $93,363 this morning and then rebounded, now trading at $95,585, with a 24-hour decrease of 0.2%.💰
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Michael Saylor reaffirmed Strategy’s 478,740 BTC holdings despite market volatility, reinforcing the company’s long-term commitment to Bitcoin. 💸
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Bybit Hacked for a Total of 514,723 Native ETH and Various Derivative ETH🤕
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Nano Labs has completed a private placement of approximately $5.9 million, raising funds in Bitcoin and USDT.
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The probability on Polymarket of "Trump establishing a strategic Bitcoin reserve within 100 days of taking office" has dropped to 10%.
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Yesterday, there was a net outflow of $88.2 million from Fidelity's Bitcoin Fund (FBTC) and a net outflow of $2.8 million from its Ethereum Fund (FETH).🕯📣
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🇦🇷Argentina’s Senate is demanding a report on President Milei’s alleged role in a cryptocurrency scandal involving $ LIBRA, which surged and crashed after his promotion. The investigation seeks transparency on potential misconduct, though legal consequences may be limited. 🔍
📱@Money 📱Twitter
🗞 February 20, 2025 cryptocurrency news highlights
【Cryptocurrency】
🇳🇬 Nigeria sues Binance for $81.5B, alleging economic damage and unpaid taxes, citing illegal operations and $21.6B in 2023 trades.
【Economy】
President Donald Trump is considering giving 20% of the identified savings from the Department of Government Efficiency (DOGE) to American citizens and 20% to paying down debt.
【Indicators】
Japanese listed company Metaplanet Inc. announced that its total Bitcoin holdings have reached 2,100 BTC, accounting for 0.01% of the total Bitcoin supply.
【More】
Argentina's National Securities Commission (CNV) said it lacks jurisdiction to intervene in the LIBRA sale dispute, citing the absence of regulatory frameworks for token advertising on decentralized platforms.
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Argentina's National Securities Commission (CNV) said it lacks jurisdiction to intervene in the LIBRA sale dispute, citing the absence of regulatory frameworks for token advertising on decentralized platforms.
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Japanese listed company Metaplanet Inc. announced that its total Bitcoin holdings have reached 2,100 BTC, accounting for 0.01% of the total Bitcoin supply.
Since launching its Bitcoin strategy in April 2024, the company has continued to increase its holdings of Bitcoin as a financial reserve, and plans to increase its holdings to 10,000 BTC by the end of 2025 and to 21,000 BTC by the end of 2026.
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🇳🇬 Nigeria sues Binance for $81.5B, alleging economic damage and unpaid taxes, citing illegal operations and $21.6B in 2023 trades.
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Bitwise is donating $150,000 to Bitcoin open-source developers.☄️
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🇺🇸 Riot Platform's Pierre Rochard to the Texas State Senate: "Bitcoin will continue to accrue long term value, so now is the perfect time to make a strategic investment."
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Around $350m in liquidations, including $277m from long positions, hit the crypto market in the past 24 hours as Bitcoin saw significant volatility, climbing to $96,000 before dropping to $93,000 and then returning to $95,000.
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Barstool Founder's Greed Token Rug Pull Causes Price to Plummet 99%😯
➡️ Read Here
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Yesterday's Bitwise BITB Net Outflow was $112.7 million💣
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🗞 February 18, 2025 cryptocurrency news highlights
【Cryptocurrency】
Robinhood plans to launch cryptocurrency services in Singapore in 2025, using Bitstamp's entities to conduct business activities.
【Economy】
Nigeria is revising regulations to tax cryptocurrency and digital transactions, aiming to boost fiscal revenue and include compliant exchange transactions in the formal tax system.
【Indicators】
DeFiTuna Exposes LIBRA Issuance Advisor for Allegedly Rug Pulling MELANIA and Other Projects, Raising Over $200M⚠️‼️
【More】
Barstool Sports Founder Accidentally Buys $170,000 Worth of LIBRA Meme Coin, Leading to 3000% Price Surge😲
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