February 28, 2025 06:32:33 UTC Arizona Senate Advances Bitcoin Reserve Bill, Racing Utah for Crypto Investment Approval Arizona’s Senate has passed the Strategic Digital Assets Reserve bill (SB 1373) with a vote of 17-12 on February 27, bringing it closer to becoming law. The bill creates a Digital Assets Strategic Reserve Fund managed by the…

Bitcoin has plunged under $80,000 per bitcoin as a crypto rout that’s wiped $1 trillion from the combined market gathers pace, fueling fears of more pain to come. Unlock over $3,000 in NFT, web3 and crypto perks — Apply now! The bitcoin price is down around 25% from its all-time high of almost $110,000 per…

Bitcoin has fallen under $80,000 for the first time since November amid mounting macroeconomic uncertainty over US President Donald Trump’s proposed tariffs. On Feb. 27, Bitcoin plummeted to $79,752, according to TradingView data. The price 2.65% decline over the past hour led to $80.28 million in long positions liquidated, per CoinGlass data. Bitcoin last traded…

The Head of Research at CryptoQuant has revealed why it may be too early to call a bottom for Bitcoin, based on the trend in on-chain data. Bitcoin MVRV Z-Score Has Plunged Under Its 365-Day MA In a new post on X, CryptoQuant Head of Research Julio Moreno has talked about why Bitcoin may not…

After an extended bullish period for Bitcoin, the flagship asset has moved into bearish territory, witnessing a $10,000 value drop in just 2 days. BTC’s price descent has triggered fears of heightened selling pressure in the short term as a significant portion of the asset has been moved into crypto exchanges. Massive Bitcoin Exchange Inflows…

Bitcoin stack with Texas flag in the background. getty In a landmark move, the Texas Senate Banking Committee has unanimously advanced Senate Bill 21 (SB-21), proposing the creation of a Texas Strategic Bitcoin Reserve. This initiative, passed with a 9–0 vote on February 27, 2025, empowers the Texas Comptroller to manage investments in bitcoin and…

Despite recent setbacks and a significant selloff that brought Bitcoin to a three-month low, Standard Chartered maintains a strong bullish position on BTC market predictions. Geoffrey Kendrick, the head of digital assets research at the bank, forecasts that Bitcoin will climb to $500,000 before the conclusion of Donald Trump’s presidency. Additionally, BTC price might reach…

WASHINGTON, DC – FEBRUARY 13: Secretary of Commerce Howard Lutnick speaks alongside U.S. President … [+] Donald Trump after Trump signed an executive order on tariffs (Photo by Andrew Harnik/Getty Images) Getty Images Bitcoin’s price hit a three-month low this week sparking questions about why its value is dropping despite the U.S. government being the…

Traders are eyeing the possibility of another big sell-off in bitcoin. Bitcoin options show traders positioning for a potential decline to $70,000. The cryptocurrency tipped into a bear market this week, down more than 20% from its January peak. Crypto traders are eyeing the possibility that bitcoin’s sell-off worsens after the token entered a technical…

Asset manager BlackRock’s (BLK) leading iShares Bitcoin Trust (IBIT) has seen a record one-day outflow of $418.1 million as the selloff in cryptocurrencies gathers steam. The price of Bitcoin (BTC), the largest crypto by market capitalization, has fallen as low as $82,000 in the past 24 hours, down 25% from an all-time high of $109,000…