Day: February 24, 2025

Ethereum’s Pectra Upgrade Goes Live on ‘Holesky’ Testnet, But Fails to Finalize

Ethereum’s Pectra upgrade went live on the Holesky testnet on Monday but failed to finalize in the expected time. Pectra was activated on the Holesky testnet at 21:55 UTC (4:55 p.m. ET), but did not initially finalize according to blockchain data. Finality is the state in which, once a transaction is confirmed and added to a block, it is immutable and cannot be reversed. A testnet is a network that copies a main blockchain (in this case Ethereum), and is used to test upgrades or new code before it goes…

BTC Price Analysis: Bitcoin Battles Key Support at $93K – Breakdown or Bounce?

boss

Bitcoin currently hovers at $93,983, boasting a valuation of $1.86 trillion and a 24-hour trading volume of $35 billion. Its intraday movement oscillates between $93,607 and $96,480, resting 13.6% beneath its historic price peak. Bitcoin On the BTC/USD 1-hour chart, fleeting fragility persists as bitcoin carves successive troughs and wavers near the $93,607 support. Bears […] Original

Bitcoin (BTC) Slides Under $94K as Nasdaq Tries to Shake Last Week’s Jitters

Bitcoin (BTC) continued to slide on Monday, hurt by not just by massive bearish price action in most of the rest of crypto, but also as U.S. stocks struggle to pull out of their recent downturn. Falling to about $93,900 as stocks closed, bitcoin is down 1.9% in the last 24 hours. Ether (ETH) is lower by 5.9% over the same time frame. The broader CryptoX 20 Index is down 5.1%. Following last week’s major declines, an attempted rally by the major U.S. stock averages failed Monday afternoon, with the…

Bitcoin’s 90-Day Range Tests Traders as Macro Headwinds Mount: Bitfinex Analysts 

boss

Bitcoin has traded between $91,000 and $102,000 for over 90 days as fading institutional demand and macroeconomic pressures stall momentum, according to a Bitfinex Alpha Report released this week. Bitfinex Alpha Report—Crypto Market Contraction Deepens With Inflation, Policy Risks in Focus Bitfinex analysts noted bitcoin’s (BTC) volatility spiked briefly on Feb. 21 amid a $1.5 […] Original

Steve Weiss trims Bitcoin holdings again amid market uncertainty

boss

American investor Steve Weiss has further reduced his Bitcoin exposure due to the asset’s range-bound price movement. Speaking as a contributor on CNBC’s “Halftime Report,” Weiss revealed another round of profit-taking from his Bitcoin (BTC) position via BlackRock’s spot exchange-traded fund, as financial markets navigate macro-driven volatility. Weiss, founder and managing partner of Short Hills Capital Partners, said he cut his Bitcoin exposure by an additional 10%, following last week’s 20% sell-off. The size of his position remains unclear, but he previously described his Bitcoin investment as a “positive trade.”…

Solana Faces Make-Or-Break Moment With $1.77 Billion Unlock

boss

Este artículo también está disponible en español. In a technical chart shared today, crypto analyst Koroush Khaneghah, Founder of Zero Complexity Trading, underscores Solana’s ongoing downtrend, highlighting pivotal support and resistance levels on the SOL/USDT Perpetual (Binance) daily timeframe. According to the chart, Solana has lost several key zones and is currently hovering near the $157 area—what Khaneghah labels as the “last major support level.” The Bearish Argument For Solana “The downtrend continues as SOL gets rejected by another S/R flip and crashes down to the $150 level. Sentiment at…

From Skeptic to Player: Citadel Securities Is Planning to Expand Into Crypto Trading

Bloomberg reported that Citadel Securities, led by Ken Griffin, is planning to expand into cryptocurrency trading, capitalizing on President Donald Trump’s pro-crypto stance, which is expected to boost the industry. Previously cautious due to regulatory uncertainties, the firm aims to become a liquidity provider for cryptocurrencies and join major exchanges like Coinbase, Binance, and Crypto.com. […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Bitcoin To $13 Million? Kiyosaki Backs Saylor’s Bold Vision

boss

Este artículo también está disponible en español. Robert Kiyosaki, a popular author and Bitcoin supporter, is back in the headlines after claiming that Bitcoin can hit $13 million. The author of “Rich Dad Poor Dad” made his prediction after Strategy’s Michael Saylor’s podcast interview last November made the rounds online. Related Reading In a podcast last November, podcaster Patrick Bet-David offered a hypothetical question on price action and market cap for Bitcoin. He said that if adoption increases from 0.1% to 7%, reflecting a 700x price surge, can Bitcoin also…

Bitcoin price, Nasdaq 100 index falls ahead of NVIDIA earnings

boss

Bitcoin fell below $95,000, while the technology-heavy Nasdaq 100 index dropped for the second consecutive day ahead of NVIDIA’s earnings. Bitcoin (BTC) declined to $93,690, down 13.3% from its highest level this year. Meanwhile, the Nasdaq 100 index has fallen for three straight days, reaching a low of 21,360, 3.5% below its highest level this month. The main catalyst for Bitcoin and U.S. stocks this week will be NVIDIA’s upcoming earnings report, which will offer insights into the state of the artificial intelligence industry. These results are particularly significant given…

Citadel eyes crypto market-making as Ken Griffin softens stance on Bitcoin

boss

Billionaire investor and entrepreneur Ken Griffin said his company is considering entering the crypto market, citing renewed confidence under Donald Trump’s presidency. Griffin, the founder and CEO of Citadel LLC, hinted at offering crypto market-making services and digital asset trading after previously expressing doubts about the industry. The Citadel founder said the company, the largest market maker on the New York Stock Exchange, would be interested in providing liquidity on platforms like Coinbase, according to Bloomberg. Like many technology-focused founders, Griffin called for clearer crypto regulations under the Trump administration…