Author: Crypto Editor

Bitcoin’s (BTC) value collapsed to $83,223.04 after a 6.5% correction over the previous 24 hours. In keeping with a latest Glassnode report, BTC is at the moment buying and selling in a low-liquidity “air hole” zone between $70,000 and $88,00. It added that the absence of demand heightens the chance of additional draw back.The report tied the draw back stress to market-wide promoting and the impression of the Bybit hack. The Price Foundation Distribution (CBD) heatmap reveals a major discount in realized provide between $70,000 and $88,000, ensuing from fast value appreciation outpacing capital inflows.Market weak spot and investor stressAs…

Jessie A Ellis Feb 24, 2025 09:49 Pantera Capital supplies insights into investing in Altius, highlighting using cookies for web site performance and analytics. Traders have the choice to consent or opt-out of cookie utilization. Pantera Capital, a distinguished participant within the funding sector, has lately shared insights into potential funding alternatives with Altius. The dialogue, hosted on their official web site, delves into the mechanisms and prospects that Altius presents to buyers, in keeping with Pantera Capital. Understanding Altius Altius, famous for its revolutionary strategy out there, has attracted vital consideration from buyers. Pantera Capital’s evaluation means that Altius…

GameStop CEO Ryan Cohen confirmed by way of social media platform X that he has acquired a proposal from Attempt Asset Administration advocating for the corporate to undertake Bitcoin (BTC) as a reserve asset.  The letter, dated February 24, outlines a compelling case for GameStop to leverage its substantial money reserves—almost $5 billion—to redefine its place out there. From Crypto Wallets To NFTs—Is Bitcoin Subsequent? Attempt Asset Administration suggests that GameStop, the world’s largest retail gaming store, is uniquely positioned to take daring steps within the evolving monetary panorama, notably given its steady steadiness sheet.  This monetary energy would reportedly…

Nvidia reported document fourth-quarter income of $39.3 billion, up 12% from the earlier quarter and 78% from a yr in the past, as demand for synthetic intelligence chips continued to drive development. The corporate’s earnings topped expectations, with diluted earnings per share of $0.89, beating analyst estimates of $0.84, in keeping with information from TipRanks.The outcome marked a 14% improve from the prior quarter and an 82% rise from a yr earlier. Nvidia has now crushed earnings forecasts in each quarter over the previous yr. Shares of the chipmaker closed up 3.67% at $131.28 and rose one other 2.32% in after-hours buying…

DFSA approves Circle’s USDC and EURC for utilization in DIFC enterprises. The approval permits stablecoin-backed providers, reminiscent of funds and treasury administration. The Dubai Monetary Providers Authority (DFSA) has formally cleared Circle’s USDC and EURC stablecoins, the primary stablecoin clearance within the Dubai Worldwide Monetary Centre (DIFC). It is a follow-up to Circle’s profitable purposes within the EU and Canada, persevering with to broaden its regulatory presence. With DFSA’s go-ahead, firms in DIFC can now use USDC and EURC on a big scale. A press launch confirmed that Circle, the stablecoin issuer, was granted formal regulatory approval following the submission…

Be part of Our Telegram channel to remain updated on breaking information protection The Bitcoin worth slipped 3% within the final 24 hours to commerce at $89,038.82 as of 9:56 p.m. EST as traders lower their publicity to the crypto. The BTC worth dropped under the $90K mark for the primary time since Nov. 14, 2024, to achieve a low of $87,629 throughout yesterday’s buying and selling session. Bitcoin Worth Reclaims A Help Degree 4-hour chart for BTC/USDT (Supply: TradingView) The Bitcoin worth was in a position to reclaim the help at $88,444.73 within the final couple of hours. Now,…

MORPHO jumped almost 10% earlier than seeing corrections, as Coinbase listed the token. The trade just lately put MORPHO on its roadmap alongside two meme cash with little worth impression, however the precise listings have boosted all three belongings. Morpho’s builders additionally introduced that its good contracts had been independently vetted and have been deployed on a number of main blockchains. Coinbase Lists MORPHO Coinbase, the biggest crypto trade within the US, has a historical past of impacting crypto costs after itemizing bulletins. The “Coinbase Impact” is well-documented, with loads of examples. Two weeks in the past, Coinbase put PENGU,…

Bitcoin dropped under $84K, down 12% on the week, whereas Ethereum hit a five-month low at $2,275. Over $600 million in liquidations worn out leveraged positions, with Bitcoin main at $335M. Macroeconomic uncertainty, Trump’s tariffs, and Nvidia’s earnings report are fueling risk-off sentiment out there. The crypto selloff isn’t slowing down—Bitcoin plunged to $83,724, its lowest value since early November, whereas Ethereum tanked to $2,275, marking its worst stage since final September. JUST IN: Over $2,000,000,000 in shorts could be liquidated if Bitcoin $BTC value returns to the place it was simply 10 hours in the past 👀Bears are overloading…

Key Takeaways Oklahoma’s Bitcoin reserve invoice handed committee with a 12-2 vote. 5 states have rejected comparable Bitcoin reserve proposals. 25 Bitcoin reserve payments are being thought-about in 18 states. Oklahoma’s Strategic Bitcoin Reserve Act (HB 1203) cleared the Home Authorities Oversight Committee with a 12-2 vote on Feb. 25, 2025. The invoice, launched by Consultant Cody Maynard, will now advance to the Home flooring for debate and potential amendments. Funding provisions If handed, HB 1203 would enable the Oklahoma State Treasurer to speculate public funds into any digital asset with a market capitalization exceeding $500 billion over the previous…

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