Bitcoin sheds nearly all Trump election gains in plummet under $80K
Bitcoin has fallen below $80,000 for the first time in over three months as macroeconomic uncertainty mounts over Donald Trump’s proposed tariffs. Go to Source
Month: February 2025
Indonesia Introduces Bullion Banking to Stabilize Foreign Exchange
The country’s authorities opened bullion services in two state-owned institutions and declared that more licenses could follow. Prabowo Subianto, president of Indonesia, stated that this bullion initiative could “help save the country’s foreign exchange.” Indonesia Launches Bullion Banking, Aims to Include Gold Savers Into the Country’s Formal System Indonesia is launching formal bullion-based banking, joining … Read more
SEC pushed DeFi execs to ‘never work in crypto again,’ says crypto VC
Founders Fund partner Joey Krug claims the Biden-era SEC told crypto founders that settled with them that they could no longer work in the industry. Go to Source
Bitcoin analyst eyes ‘near term floor’ as crypto fear hits redline
Bitcoin analyst Charles Edwards says a Bitcoin-cycle bottom could be close as negative sentiment continues to build. Go to Source
Deutsche Telekom subsidiary becomes a validator for Injective blockchain
Deutsche Telekom operates broadband and mobile networks in more than 50 countries through its subsidiaries, such as T-Mobile, and has a customer base of 252 million. Go to Source
Uniswap Wallet Integrates Transak Off-Ramp for Global Crypto-to-Fiat Conversions
Uniswap Wallet has introduced off-ramp capabilities through a deepened partnership with Web3 payments provider Transak, enabling users worldwide to convert cryptocurrencies to fiat currencies directly within the app. Uniswap and Transak Expand Partnership The integration, announced Feb. 26 and effective Feb. 27, allows users to sell assets like ethereum (ETH) and stablecoins into local currencies … Read more
Bitcoin Shakeout: $106M Liquidated in Minutes as Price Dips to $81K
Bitcoin (BTC) saw a sharp plunge on Feb. 27, 2025, at 8:35 p.m. Eastern Time, dropping from around $84,000 to the $81,084 range in a matter of minutes on Bitstamp. The sudden move startled traders and triggered a wave of stop-loss orders, intensifying the rapid sell-off. Coinglass stats show $106 million in bitcoin longs were … Read more
Bitcoin Price Clings to $84K Ahead of High-Stakes Weekend
As twilight falls on Thursday, Feb. 27, 2025, bitcoin danced just above $84,000, its movements a meandering ballet ahead of Friday’s opening sessions. Traders braced for a weekend tango between $82,000 and $89,000 per BTC, set against a backdrop of macroeconomic suspense with the current Trump administration. Futures Expiry and Political Winds Fuel Speculation At … Read more
OpenAI’s GPT-4.5 ‘won’t crush benchmarks’ but might be a better friend
OpenAI has released a preview version of GPT-4.5, which it claims has a higher EQ and is more creative than previous versions. However, some observers claim the new model is overpriced. Go to Source
Ethereum Foundation Allocates $2M to Boost Academic Blockchain Research
The Ethereum Foundation has announced $2 million in grants for Ethereum-related academic research, with proposals due by March 16, 2025. Ethereum Foundation Launches Third Annual Academic Grants Round The Ethereum Foundation is offering $2 million in grants to support academic research related to Ethereum, with applications accepted until 23:59 AoE on March 16, 2025. This … Read more