Bitcoin price steadies as large holders curb profit-taking in February

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2025-02-22 03:00:16
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2025-02-22 03:00:16
Strategy will offer $2 billion in bonds to finance new Bitcoin purchases. The company will repay the bonds if its stock jumps by one-third. Strategy continued its Bitcoin buying spree Thursday, announcing it would offer $2 billion in bonds to finance the purchase of the cryptocurrency. Bitcoin inched up on the news, topping $98,200 —…
The SEC’s decision to drop its dealer rule lawsuit appeal marks a major victory for the crypto industry, ending a legal battle over regulatory overreach and signaling change. https://static.news.bitcoin.com/wp-content/uploads/2025/02/sec-blockchain-association.jpg 2025-02-21 00:30:14
By Francisco Rodrigues (All times ET unless indicated otherwise) Crypto traders are deleveraging after Wednesday’s FOMC minutes showed the Fed is looking to hold rates steady until inflation improves and discussed pausing or slowing the balance sheet runoff. Still, the yield on the 10-year Treasury dropped and the dollar weakened. Cryptocurrencies are higher, with the…
Bitcoin has seen a recovery above $99,000 recently, but the trend taking place in the Open Interest could raise concerns about the surge’s longevity. Bitcoin Open Interest Has Spiked Alongside The Latest Rally In a new post on X, CryptoQuant community analyst Maartunn talked about the trend in the Bitcoin Open Interest alongside the latest…
A new technical analysis on TradingView suggests Bitcoin may be approaching a decisive moment, with a possible breakdown below key support levels. This analysis comes amidst a weakening buying pressure in Bitcoin, which opens up the possibility of a break below a strong support level. If this happens, Bitcoin could see further downside to $80,000…
In the process of giving up on the chance of any Federal Reserve rate cuts in 2025, investors Thursday got a modest dovish surprise from Atlanta Fed President Raphael Bostic. “I view the employment outlook as stable, but signs of slowing are accumulating,” said Bostic in an essay. He noted that it’s become harder for…