Bitcoin falls under $91K — Bitfinex says it’s at a ‘critical juncture’
Bitfinex analysts said Bitcoin is mirroring traditional markets, and its lack of price momentum has “led to a period of contraction” for crypto markets. Go to Source
Month: February 2025
SEC and Michael Saylor Discuss Crypto Framework That Could Redefine Regulation
The SEC’s Crypto Task Force met with Michael Saylor to discuss a groundbreaking regulatory framework that could legitimize digital assets, fuel market growth, and secure U.S. dominance. Michael Saylor Pushes SEC for a Crypto Framework That Could Change Everything The U.S. Securities and Exchange Commission (SEC) Crypto Task Force met with Microstrategy’s executive chairman, Michael … Read more
Crypto sentiment sinks to ‘extreme fear’ as Trump says tariffs still on
Crypto market sentiment dived 24 points to “Extreme Fear” on Feb. 25 as US President Donald Trump said 25% tariffs against Canada and Mexico are on schedule. Go to Source
Citadel Securities eyes market-making role for crypto exchanges: Report
Citadel Securities is reportedly looking to provide liquidity to the crypto markets after years of waiting for the crypto regulatory landscape in the US to improve. Go to Source
Trump’s Tariff Gambit Rattles Markets: Bitcoin Tumbles to a $91,362 Intraday Low
Bitcoin’s price tumbled Monday evening around 6 p.m. ET after news spread that U.S. President Donald Trump announced plans to impose a 25% tariff on Canadian and Mexican imports, set to take effect March 4, 2025. The development aligned with afternoon drops in major U.S. stock indices, as investors weighed concerns about earnings from the … Read more
SEC Drops Robinhood Crypto Investigation
The regulator initiated 125 cryptocurrency-related enforcement actions totaling more than $6 billion in penalties under former Chairman Gary Gensler. U.S. Regulator Abandons Robinhood Crypto Probe Robinhood Crypto (RHC), a division of financial services firm Robinhood, announced on Monday that the U.S. Securities and Exchanges Commission (SEC) has shut down a securities violation investigation it was … Read more
OKX pleads guilty, pays $505M in penalties to settle DOJ charges
OKX’s Aux Cayes FinTech Co. Ltd agreed to pay over $500 million worth of fines for operating an unlicensed money-transmitting business. Go to Source
BTC Price Analysis: Bitcoin Battles Key Support at $93K – Breakdown or Bounce?
Bitcoin currently hovers at $93,983, boasting a valuation of $1.86 trillion and a 24-hour trading volume of $35 billion. Its intraday movement oscillates between $93,607 and $96,480, resting 13.6% beneath its historic price peak. Bitcoin On the BTC/USD 1-hour chart, fleeting fragility persists as bitcoin carves successive troughs and wavers near the $93,607 support. Bears … Read more
Bitcoin’s 90-Day Range Tests Traders as Macro Headwinds Mount: Bitfinex Analysts
Bitcoin has traded between $91,000 and $102,000 for over 90 days as fading institutional demand and macroeconomic pressures stall momentum, according to a Bitfinex Alpha Report released this week. Bitfinex Alpha Report—Crypto Market Contraction Deepens With Inflation, Policy Risks in Focus Bitfinex analysts noted bitcoin’s (BTC) volatility spiked briefly on Feb. 21 amid a $1.5 … Read more
South Dakota lawmakers effectively kill proposed Bitcoin reserve bill
The House bill, which proposed allowing the US state to invest in Bitcoin, was deferred until after the legislative session ended. Go to Source