The post US Bitcoin ETFs Record $938M in Single-Day Outflows as Price Drops appeared on BitcoinEthereumNews.com. TLDR US spot Bitcoin ETFs recorded largest-ever daily outflow of $937.9 million on February 25 Fidelity’s FBTC led with $344.7 million in outflows, followed by BlackRock’s IBIT with $164.4 million Total February outflows reached approximately $2.4 billion with only […]
Microsoft forms alarming pattern in almost 10 years; Is $350 crash next?
The post Microsoft forms alarming pattern in almost 10 years; Is $350 crash next? appeared on BitcoinEthereumNews.com. Microsoft’s (NASDAQ: MSFT) technical indicators are displaying a concerning outlook for the stock as the equity continues to take a hit from the broader market sell-off. Indeed, MSFT’s recent losses have led to the stock losing the $400 […]
Bottoming Out or More Losses Ahead?
The post Bottoming Out or More Losses Ahead? appeared on BitcoinEthereumNews.com. Cardano’s $0.70 resistance level remains crucial for a potential bullish breakout. RSI consolidation around 50 suggests ADA may be preparing for a trend reversal. Grayscale’s pending Cardano ETF decision could significantly impact market sentiment. Cardano (ADA) has seen a price dip, leading to investor […]
Crypto Looks Like July 2024—Here’s What Happened Next
The post Crypto Looks Like July 2024—Here’s What Happened Next appeared on BitcoinEthereumNews.com. Este artículo también está disponible en español. In a memo released on February 25, 2025, Matt Hougan—Chief Investment Officer (CIO) at Bitwise Asset Management—drew striking parallels between today’s crypto market and what he observed in July 2024. Titled “Short-Term Pain, Long-Term Gain […]
Bitcoin Price Crashes Below $86K Before Rebounding—Is a $70K Drop Still Coming?
The post Bitcoin Price Crashes Below $86K Before Rebounding—Is a $70K Drop Still Coming? appeared on BitcoinEthereumNews.com. Bitcoin price rebounded to $89,042 after briefly plunging below $86,000 on Feb. 25. The drop, which marked a 20% decline from its all-time high, triggered $2 billion in liquidations, pushing market sentiment into “extreme fear.” Mass Liquidations Wipe […]
PayPal Boosts Payment Solutions with PYUSD
The post PayPal Boosts Payment Solutions with PYUSD appeared on BitcoinEthereumNews.com. PayPal is set to enhance its stablecoin, PYUSD, by incorporating it into a wider array of products and services by 2025. With an extensive network of 20 million global merchants, the company aims to promote the use of PYUSD, which is designed to maintain […]
EUR/USD declines as US House of Representatives passes Trump’s tax cut plan
The post EUR/USD declines as US House of Representatives passes Trump’s tax cut plan appeared on BitcoinEthereumNews.com. EUR/USD retraces below 1.0500 on Wednesday as the US Dollar gains amid a strong recovery in US bond yields. Republicans-controlled House of Representatives passed a $4.5 trillion tax cut plan on Tuesday. Investors await the preliminary German HICP […]
Bybit Hack: Bitget CEO Gracy Chen on Support and Web3 Security
Bybit, the prominent Dubai-based and second-largest cryptocurrency exchange in the industry, suffered one of the largest hacks in crypto history on Friday last week. In a stealth theft that put $1.4 billion worth of crypto assets at risk, hackers gained access to one of Bybit’s Ethereum cold wallets. To the shock and surprise of the […]
Could shifting GameStop’s $5 billion cash reserve to Bitcoin ignite the MOASS?
The post Could shifting GameStop’s $5 billion cash reserve to Bitcoin ignite the MOASS? appeared on BitcoinEthereumNews.com. Strive Asset Management has called on GameStop to allocate a significant portion of its $5 billion cash reserves to Bitcoin. In a Feb. 24 letter, Strive CEO Matt Cole outlined how Bitcoin adoption could reshape the gaming retailer’s […]
MicroStrategy CEO Michael Saylor Buys $2B BTC
The post MicroStrategy CEO Michael Saylor Buys $2B BTC appeared on BitcoinEthereumNews.com. Bitcoin dropped 3.6% despite Strategy purchasing $1.99 billion worth of BTC, as bearish technical indicators show further downside risks. Michael Saylor proposed a Bitcoin reserve plan to the SEC, which could generate trillions for the U.S. Treasury and help manage the national debt. […]