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Bitcoin Plummets Below $80,000 Following Sale of Over 6,800 BTC

February 28, 2025 8:35 am
Key moments The price of Bitcoin fell below $80,000 on Friday after whales sold 6,800+ BTC worth approximately $540 million. Over $2.16 billion in losses occurred between February 25 and 27 when it comes to the crypto market as a whole. The total crypto market capitalization has dropped by 18%. Bitcoin’s Price Fell to $79,177 […] Read more

BlackRock’s IBIT Sees $418.1 Million Outflow Amid Bitcoin ETF Market Correction

February 28, 2025 7:56 am
Key moments The iShares Bitcoin Trust by BlackRock saw a single-day withdrawal of $418.1 million, the largest since its launch. Total daily outflows from U.S. spot Bitcoin ETFs reached $754.6 million on February 26. Bitcoin ETFs collectively experienced a $1 billion outflow on said day, ETF Store president claims. $1 Billion Outflow and $82,000 Bitcoin […] Read more

Solana’s Price Slips to $134 Amid Broader Market Sell-Off

February 27, 2025 2:15 pm
Key moments Solana’s price has experienced a sharp decline, falling to around $134 on February 27th, and is struggling to regain its footing. The cryptocurrency’s value currently hovers at $139. The Relative Strength Index (RSI) has plummeted to its lowest level since June 2023, dropping below the 30 threshold. The recent listing of Solana futures […] Read more

XRP Down Almost 35% Since January Peak But Analysts Believe Declines Are Over

February 27, 2025 1:28 pm
Key moments XRP is approaching key support levels between $1.88 and $1.91, which could trigger a bullish reversal. A breakout above $2.44 and $2.99 resistance levels could confirm the start of a new uptrend, targeting $5.00 – $5.85 and potentially $8.00. Technical indicators, including the RSI and descending wedge pattern, suggest that selling momentum is […] Read more

Over MYR 23.7 Million Lost in TriumphFX Investment Scam, 72 Malay Victims Reported

February 27, 2025 12:29 pm
Key moments 72 investors have filed police reports, with total losses exceeding MYR 23.7 million. The syndicate promised monthly returns of 4% to 7% and used Zoom chats to attract victims. A TriumphFX clone has been identified, with 23 investigation papers opened. Malaysian authorities have uncovered a significant investment scam involving the offshore forex broker […] Read more

AUD/USD Dips to $0.6286 Falling Below Its Recent January High

February 27, 2025 10:42 am
Key moments The AUD/USD has fallen below its recent high and is approaching its 55-day moving average. The EUR/JPY is hovering above its recent low, with a key support zone holding for now, but may be poised for further declines. The USD/JPY has stabilized after a brief slide, with the yen remaining in demand as […] Read more

Bitcoin Enters Bear Market as Prices Suffer Dramatic 23% Drop to $83,740

February 27, 2025 9:58 am
Key moments Bitcoin prices have fallen by more than 23% to $83,740 since its January high. Bitcoin ETF outflows reached a record $1.1 billion on Tuesday. A $1.5 billion hack, policy disappointments, and a broader risk-off sentiment have contributed to the downturn. Bitcoin has entered bear-market territory, with its value declining by 23.4% on Wednesday […] Read more

GBP/USD Jumps to 1.2685, Almost 5% Recovery From Lowest Level for 2025

February 27, 2025 8:39 am
Key moments The GBP/USD exchange rate has reached its highest level since December 18, driven by the US dollar’s decline and easing geopolitical tensions. The US dollar’s performance and potential tariff imposition on Canada and Mexico are key factors influencing the GBP/USD pair. The upcoming US GDP and initial jobless claims data are unlikely to […] Read more

FBI Indicts North Korea for Stealing $1.5 Billion in Crypto

February 27, 2025 8:05 am
Key moments FBI has accused North Korea of stealing $1.5 billion worth of digital assets from Bybit exchange. The theft is believed to have been carried out by a group called TraderTraitor, also known as the Lazarus Group, which has been linked to several high-profile cyberattacks in the past. The stolen assets are being rapidly […] Read more