Bitcoin has fallen below $85,000, continuing its sharp decline as traders react to President Donald Trump’s announcement of new tariffs on European imports. Speaking at his first cabinet meeting on Feb. 26, U.S. President Donald Trump reiterated his intention to put a 25% tariff on European Union goods, as reported by The Guardian. The cryptocurrency industry has…
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All other crypto sectors underperformed Bitcoin this year, with average decline ranging from nearly 50% to as high as 85%. According to data available on Delphi Digital, various crypto sectors such as AI frameworks, Agent-based projects, meme coins and others have crashed this year. The performances of these key sectors have done worse compared to the benchmark assets of the industry,…
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Spot Bitcoin exchange-traded funds in the U.S. recorded their highest daily outflows yesterday as Bitcoin dropped below $90,000, triggering a risk-off sentiment among investors amid growing macroeconomic concerns. According to data from SoSoValue, the 12 spot Bitcoin btc0.23%Bitcoin ETFs saw a total of $937.78 million in net outflows on Feb. 25—their highest single-day outflow since launch—significantly surpassing the previous…
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On Feb. 18, 2025, during Hong Kong Bitcoin Tech Carnival, Google web3 specialist Kyle Song revealed that Google is working to simplify the use of Bitcoin for Google users. According to Song, Google is “exploring ways to lower entry barriers so Web2 users can easily use Bitcoin.” Song said the company has been working on…
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Michael Saylor said Strategy didn’t buy any new Bitcoin last week, maintaining its current 478,740 BTC hoard. Strategy, formerly MicroStrategy, saw zero patronage for its class A common stock offered through its at-the-market equity program between Feb. 10 and Feb. 14, executive chairman Michael Saylor shared on X.com. The ATM funds Strategy’s Bitcoin btc-0.68%Bitcoin buying scheme by selling shares…
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Spot Bitcoin exchange-traded funds in the United States flipped to net weekly outflows over the past week, ending their six-week inflow streak that brought in over $5 billion. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $585.65 million in net weekly outflows for the week ending Feb. 14, breaking a six-week inflow streak that…
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Bitcoin price continued its consolidation as the fear and greed index remained at the neutral point and the Z score of the market value and realized value fell to a three-month low. Bitcoin btc0.05%Bitcoin, the largest cryptocurrency by volume, remains in a tight range. At last check Saturday, the price hovered $97,600 — up 1.2%. Why…
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Commenting on an X post about the high speed of crypto adoption, Coinbase CEO Brian Armstrong said that several billion people will be using Bitcoin by 2030. Armstrong was commenting on a post that shares the statistics from the recent BlackRock study. It says that crypto hit the 300 million users landmark in just 12…
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Spot Bitcoin exchange-traded funds in the United States continued to see net outflows on Feb. 11, as BTC stayed below the $100K mark, briefly dipping under $95K. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $56.76 million in net outflows on Tuesday, extending their negative streak to two consecutive days with $186.28 million in…
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Bitget Exchange CEO Gracy Chen has highlighted key developments in the Czech Republic’s approach to Bitcoin. Chen noted that if the Czech National Bank proceeds with its proposal to allocate 5% of its €140 billion foreign reserves into Bitcoin, the country could become the world’s third-largest Bitcoin btc-0.57%Bitcoin holder, surpassing nations such as the United Kingdom, Germany, and Ukraine.…
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