Day: February 27, 2025

Cointelegraph Bitcoin & Ethereum Blockchain News

Understanding Bitcoin solo mining Solo mining involves an individual miner independently validating Bitcoin transactions and adding new blocks to the blockchain without collaborating with others in a mining pool. This process requires substantial computational power and resources as the miner competes against a global network of participants to find a hash value that meets the Bitcoin (BTC) network’s current difficulty target. It involves repeatedly hashing the block’s header with different nonce values until a valid hash is found. The first miner to discover such a hash earns the right to…

XRP Whales Eye XRPTurbo Token Launch As Analysts Predict $XRT As The Next Virtuals Of The Ripple Ecosystem

This is a paid promotional article. We encourage you to conduct your own due diligence before participating in any related transactions. PRESS RELEASE. Ripple’s native token XRP is at a crucial crossroad as XRP whales are scanning the market for new opportunities to amplify returns. One project capturing these whales’ attention is XRPTurbo, an AI […] Source CryptoX Portal

CryptoQuant CEO says only ‘noob’ would sell amid current dip as BlackRock reportedly sold $150m in BTC

Institutional investors seem to be selling off millions in Bitcoin, but CryptoQuant’s CEO believes 30% corrections are common during bull cycles. Bitcoin (BTC) is down about 10% over the past week, putting this February on track to be one of the worst since 2018. Still, CryptoQuant CEO Ki Young Ju isn’t concerned, saying only a “noob” would sell during this dip. If you’re panic selling now, you’re probably a noob. A 30% correction in a #Bitcoin bull cycle is common—it dropped 53% in 2021 and still recovered to an ATH.…

Bitcoin Faces Critical Test as Retail Demand Hits Resistance Levels

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Este artículo también está disponible en español. Bitcoin (BTC) is currently trading just below $88,000, a significant drop from its all-time high of $109,000 earlier this year. Over the past month, the leading cryptocurrency has faced a steady decline, slipping nearly 15% and showing limited signs of a rebound. While this bearish trend has many investors concerned, one CryptoQuant analyst, BilalHuseynov, recently shared his perspective on Bitcoin’s current state using the Retail Investor Demand (RID) indicator. Related Reading Bitcoin Retail Investor Demand at a Crossroads BilalHuseynov’s analysis focused on Retail…

Understanding Blockchain Resilience: Beyond 51% Attacks

Lawrence Jengar Feb 27, 2025 07:33 A comprehensive analysis of blockchain resilience against adversarial control, exploring the limits of safety and liveness in various client and network models. In the evolving landscape of blockchain technology, the resilience of blockchain systems against adversarial control remains a pivotal concern. A recent exploration by a16z crypto delves into the critical question of how many malicious validators a blockchain can endure while maintaining its core properties of liveness and security. The study examines whether the threshold…

BlackRock’s IBIT faces record withdrawals as Bitcoin ETFs log seventh consecutive day of net outflows

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Spot Bitcoin ETFs in the United States recorded their seventh consecutive day of outflows on Feb. 26, with BlackRock’s IBIT seeing its highest single-day withdrawals since launch. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $754.53 million in net outflows on Wednesday, following the $1.14 billion net redemptions seen the previous day. BlackRock’s IBIT led the outflows, with $418.06 million exiting the fund, marking its highest net outflow day post-launch. Fidelity’s FBTC followed, with $145.69 million in outflows, extending its streak to seven consecutive days of redemptions.…

What Next for Bitcoin After BTC Suffers Biggest 3-Day Price Since FTX Debacle

Bitcoin’s (BTC) prolonged range play above $90K has concluded bearishly this week, and how? The 12.6% drop observed in the first three days of the week (per UTC hours) marks the largest decline since the FTX bankruptcy in November 2022, according to data from TradingView. The sell-off is consistent with CryptoX’s analysis earlier this month, which noted investor disappointment over the lack of swift action from President Donald Trump’s administration on creating the promised national BTC reserve and tightening fiat liquidity conditions. Institutional demand for the largest cryptocurrency and its…

Prices Dip Below $84,000 As Tariff Tensions Rise

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Este artículo también está disponible en español. On Wednesday, Bitcoin (BTC) prices plummeted to a four-month low, reaching as low as $81,000, as the anticipated “Trump bump” in the markets faded. This has prompted investors and traders to hedge against further decreases, with Bitcoin options indicating a notable interest in put options with a strike price of $70,000.  Bitcoin Plummets 20% Since Trump’s Inauguration According to data from Deribit, the largest crypto options exchange, this strike price represents the second-highest open interest among all contracts set to expire on February…

Is Bitcoin Undervalued? Crypto Sentiment Index Flashes “Massive Contrarian Buy Signal”

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Este artículo también está disponible en español. Bitcoin (BTC) has experienced one of its largest price pullbacks in recent times, plunging from $96,131 on February 24 to a potential local bottom of $85,418 today. The decline triggered liquidations exceeding $1.5 billion, with the majority coming from long positions. Is It Time To Buy Bitcoin? The recent price action suggests that the crypto market is reacting to bleak macroeconomic conditions, driven by US President Donald Trump’s proposed trade tariffs and a hawkish stance from the US Federal Reserve (Fed).  The total…

FBI asks node operators, exchanges to block transactions tied to Bybit hackers

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The US Federal Bureau of Investigation has urged crypto node operators, exchanges and the private sector to block transactions from addresses used to launder funds from the $1.4 billion Bybit hack. The FBI confirmed earlier industry investigation that North Korea was responsible for the hack, which the US law enforcement agency dubbed as “TraderTraitor” in a Feb. 26 public service announcement. The FBI noted in an April 2022 statement that TraderTraitor is commonly referred to in the industry as the Lazarus Group, APT38, BlueNoroff and Stardust Chollima. “TraderTraitor actors are…