Day: February 19, 2025

Solana Sweeps Lows But Recovers – Can Bulls Reclaim $185 by Friday?

boss

Este artículo también está disponible en español. Solana has experienced intense selling pressure, now trading at its lowest levels since November 2024 and erasing all the gains from the post-election rally. Once a leader in the altcoin market, Solana is now facing serious risks as the meme coin euphoria that fueled its rise has turned into a bloodbath, raising concerns about its long-term sustainability. Related Reading The speculative frenzy surrounding meme coins initially drove massive transaction volumes and liquidity to the Solana ecosystem. However, as the hype fades and major…

Czech National Bank Chief Ales Michl Continues Making Case for Bitcoin (BTC)

Czech National Bank Governor Ales Michl on Wednesday continued his campaign for possibly adding bitcoin (BTC) to the central bank balance sheet, including encouraging words for those frustrated by the reputational damage inflicted on bitcoin by the broader crypto market. The crypto market will experience “failures and successes,” wrote Michl in a longish X post. “Bitcoin, however, is a different story. It should not be lumped together with other crypto assets.” It might not be a coincidence that Michl chose to post this after the events of the past few…

Uminers to Partner with Ledger, Elevating Security and Previewing a Zero-Interest Mining Loan Program

boss

The collaboration will offer miners an institutional-grade self-custody solution via Ledger Enterprise, empowering them with cutting-edge hardware and robust digital asset protection. A successful pilot of a forthcoming zero-interest loan program is also underway. February 19, 2025, Hong Kong — Uminers, a leading distributor of cryptocurrency mining equipment and pioneer in turnkey mining solutions, today announced an upcoming strategic collaboration with Ledger, the world leader in digital asset security for consumers and enterprises. This collaboration will leverage Ledger Enterprise’s self-custody platform for corporations to further enhance the security and scalability…

Bitcoin Emerges as Hedge in Iran’s Economic Crisis, Chainalysis Study Shows

boss

A Chainalysis report reveals that cryptocurrency has become a critical tool for capital flight in Iran as geopolitical tensions and economic instability drive individuals and businesses to bypass stringent financial sanctions. Report Shows Economic Turmoil and Sanctions Push Iranians Toward Cryptocurrency Cryptocurrency outflows from Iran surged to $4.18 billion in 2024, marking a 70% year-over-year […] Original

Dogecoin Flashes Oversold Signal—Rebound Ahead?

boss

Este artículo también está disponible en español. Dogecoin has once again dipped into oversold territory on its 4-hour chart on Tuesday, marking the most pronounced level of selling pressure since the sudden capitulation on February 3. During that episode, the price plunged to around $0.20 before rebounding by 45% within the same trading day—a move that underscored how quickly Dogecoin can rally from oversold conditions. Dogecoin Price Plunges Into Oversold Zone In an analysis today, crypto Analyst Cas Abbé (@cas_abbe) highlights an RSI reading that has dipped to 30 on…

Hong Kong’s crypto strategy advances with new exchange approval

Hong Kong continues its push to establish itself as a leading digital asset hub, with the Securities and Futures Commission granting Bullish, a Peter Thiel-backed crypto exchange, regulatory approval to operate in the city. This brings the total number of licensed virtual asset trading platforms in Hong Kong to ten. The Securities and Futures Commission reaffirmed its commitment to a “vibrant and promising” digital asset future, outlining a roadmap that emphasizes regulatory clarity, institutional participation, and enhanced investor protections. These developments were further highlighted during Consensus Hong Kong 2025, where…

Is Bitcoin bull run over? Top altcoins to buy as crypto market cools off

boss

Bitcoin price suffered a flash crash from $100,000 to a low of $91,300 on February 3. Bitcoin has consolidated in the range between $95,500 and $99,000 since the crash, and altcoins struggle to gain as BTC dominance hovers close to its four-year peak.  Solana (SOL) ecosystem observed a steep correction in its market capitalization, down to $9.96 billion and erasing over 7% of its value in the last 24 hours, according to CoinGecko data. Factors like the LIBRA and MELANIA meme coin controversy and alleged links to entities that pulled…

Banks in South Korea Moving Quickly To Partner With Crypto Exchanges Amid New Regulatory Clarity: Report

boss

Banks in South Korea are reportedly rushing to partner with crypto firms as the country’s digital asset regulations become less restrictive. Last week, South Korea’s Financial Services Commission announced the country would launch a pilot program in the second half of 2025 enabling 3,500 corporate entities to buy crypto for investment and financial purposes. Corporate crypto transactions have been banned in the country since 2017. South Korean media outlet NewsPim reports that Upbit, the largest exchange in the country, has partnered with K Bank. South Korea’s second-largest exchange, Bithumb, also…

This Analyst Called The Bitcoin Price Crash Early, Total Prediction Says More Pain Is Coming

boss

Este artículo también está disponible en español. Crypto analyst Akademik, who called the Bitcoin price crash early has revealed his total predictions for the flagship crypto’s trajectory in the short and mid-term. Based on these predictions, BTC is set to experience a further crash which could send its price to as low as $80,000.  What Next For The Bitcoin Price  In a TradingView post, Akademik predicted that the Bitcoin price could drop to as low as $80,000 while revealing his short trading strategy for the flagship crypto going forward. The…