Bookmarking Crypto Insights
Auto Added by WPeMatico
The week of Feb. 24 to 28 saw significant outflows from crypto ETFs, with bitcoin funds losing $2.61 billion and ether funds losing $335.35 million. A record single-day withdrawal of $1 billion from bitcoin ETFs on Feb. 26 underscored the prevailing bearish sentiment in the market. Crypto ETFs in Turmoil: Consecutive Weekly Outflows for Bitcoin … Read more
Following February’s detection of 1,549.25 dormant bitcoins roused from cryptographic hibernation, three microtransactions—originating from wallets dormant for seven years and eight months—unveiled a colossal whale harboring 7,787.23 BTC, valued at $663 million. Digital Breadcrumbs Lead to Half-Billion-Dollar Lair As of this update, bitcoin hovers near $85,140 per unit, its valuation stabilizing after a tumultuous week … Read more
Bitcoin is trading at $84,926 to $85,125 over the last hour with a market capitalization of $1.68 trillion and a 24-hour trading volume of $39.79 billion, while the intraday price range has fluctuated between $83,232 and $86,517, signaling key technical levels that traders are closely monitoring. Bitcoin On the 1-hour chart, bitcoin (BTC) shows signs … Read more
The addition of 1% to 2% allocation of its bitcoin ETF to its model portfolios by Blackrock signals growing institutional confidence in bitcoin, despite recent market turbulence. Blackrock Adds Bitcoin ETF to Model Portfolios, Strengthening Institutional Adoption Blackrock has integrated its iShares bitcoin trust ETF (IBIT) into its $150 billion model portfolio strategy. The move … Read more
In February 2025, long-static bitcoin wallets redistributed 1,549.25 BTC—worth roughly $130.45 million at a current per-unit price of $84,202—signaling a smaller revival of inactive holdings compared to last month. Fewer Vintage Vaults Crack Open: 1,549 Bitcoin Reallocated Blockchain tracker btcparser.com observed that these funds flowed from legacy wallets dormant across distinct epochs. February saw no … Read more
India’s CBI has seized cryptocurrencies worth approximately $2.8 million in raids across over 60 locations, uncovering key evidence in the Gainbitcoin scam. CBI Seizes Cryptocurrency in Gainbitcoin Scam Raids The Central Bureau of Investigation (CBI) announced this week that it has seized cryptocurrencies worth INR 23.94 crores (approximately $2.75 million) and other key evidence following … Read more
According to the most recent data, Bitcoin’s hashrate has dipped beneath the 800 exahash per second (EH/s) threshold, coinciding with a 30-day low in mining revenue, commonly referred to as hashprice. As of Friday, the hashprice is hovering just below $50 per petahash per second (PH/s), marking a notable decline in miner profitability. Bitcoin Miners … Read more
The Arizona Senate advanced a bill to create a state-managed reserve for seized bitcoin, passing SB 1373 by a 17-12 vote on Feb. 27 and sending it to the House for further consideration. Arizona Legislators Narrowly Pass Digital Assets Reserve Bill The Strategic Digital Assets Reserve bill establishes a fund overseen by the state treasurer … Read more
Bitcoin ETFs outflows extended to eight days with another outflow of $276 million, while ether ETFs saw $71 million in outflows. Sustained Withdrawals See More Losses for Bitcoin and Ether ETFs Crypto exchange-traded funds (ETFs) continue to face significant challenges as both bitcoin and ether ETFs experience persistent outflows. Bitcoin ETFs have now endured an … Read more
Bitcoin is currently priced at $83,779, with a market capitalization of $1.66 trillion and a 24-hour trading volume of $91.22 billion, as price action remains volatile within an intraday range of $78,197 to $84,854, potentially signaling a bull trap as technical indicators point to underlying weakness despite short-term rebounds. Bitcoin Recent price movement suggests bitcoin … Read more