Day: February 28, 2025

Bitcoin’s 25% drop from ATH could deepen, analysts say

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Bitcoin’s second-worst February on record is set to extend into a new week, with price burdened by “aggravating macro factors” and a technical correction. Bitcoin (BTC) was down 25% from its Jan. 20 all-time high of $108,786 as forward-facing inflation indicators incentivized a risk-off mood among investors, and spot exchange-traded funds logged continuous outflows on Wall Street. Although U.S. Core Personal Consumption Expenditures price index data matched analyst expectations—dropping to 2.6% from 2.9% year over year—BTC only recorded a modest uptick, climbing to $81,800. Previously, the most valuable cryptocurrency by…

Bitcoin price bounces 5% as analyst sees crypto slump end in March

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Bitcoin (BTC) recrossed $82,000 into the Feb. 28 Wall Street open as analysis pointed to a March BTC price comeback. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price pushes past $82,000 on PCE relief Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing more than 5% from its latest multimonth lows of $78,197 on Bitstamp. Ongoing selling pressure only eased as the latest US macroeconomic data conformed to expectations on inflation. The January print of the Personal Consumption Expenditures (PCE) index, known to be the Federal Reserve’s “preferred” inflation gauge,…

The next frontier for crypto will be decentralizing AI

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Opinion by: Zain Jaffer, co-founder of Vungle Artificial intelligence is the latest frontier in the centralization vs. decentralization battle. As Bitcoin and Ethereum were built to resist government and corporate control, so are crypto AI projects pushing back against Big Tech’s growing dominance over AI models. The question is: Can they compete, or are they just another layer built on top of the same centralized infrastructure they claim to disrupt? AI, crypto and the decentralization dilemma One of the core tenets that drives traditional fans of crypto is decentralization. It…

2025 Epstein Files Contested as Polymarket Bettors Chase the Truth

The U.S. Department of Justice’s long-awaited release of the first phase of Jeffrey Epstein-related documents on Feb. 27, 2025, has drawn sharp criticism for containing mostly redacted or previously public information, failing to meet expectations of exposing high-profile figures linked to his sex trafficking network. Amid $1.8 million Polymarket bets on elite names like Prince […] Source CryptoX Portal

The $1 billion blueprint for tokenized real estate: RWAs shaping Dubai

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The real estate industry is undergoing a digital transformation, and Dubai is at the forefront of this revolution. In this episode of Decentralize with Cointelegraph, Amira Sajwani, managing director at Damac Properties, and John Patrick Mullin, co-founder and CEO of Mantra, discuss their $1 billion plan to tokenize real-world assets (RWAs) and reshape global property investment. Tokenization: beyond crypto volatility One of the biggest misconceptions about asset tokenization is its association with cryptocurrency volatility. Sajwani addresses this concern head-on: I think a lot of people associate tokenization to the volatility…

Ethereum Foundation forms external council to uphold core blockchain values

The Ethereum Foundation (EF), the nonprofit organization supporting Ethereum’s ecosystem, announced the creation of an external advisory group dedicated to preserving the blockchain network’s core values. On Feb. 28, the foundation introduced the “Silviculture Society,” a collection of individuals from outside the EF. It said the group will provide informal counsel to the EF and tend “to the (dark or otherwise) forests in the infinite garden of Ethereum.” The nonprofit said the group would work to ensure that Ethereum sustains its core values of open source, privacy, security and censorship…

Bitcoin Boom’s Expiry Date? CryptoQuant CEO Reveals Timeline

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

HTX’s USDD Earn Offers 20% APY Amidst Market Volatility, Providing Stability and High Yields

This content is provided by a sponsor. PRESS RELEASE. As the cryptocurrency market faces renewed turbulence, Bitcoin (BTC) has pulled back to around $80,000, while Ethereum (ETH) extends its slide. According to CoinGlass, market sentiment has sunk into “Extreme Fear,” fueling widespread investor anxiety. In this environment, investors are actively seeking stable and high-yield opportunities […] Source CryptoX Portal

Binance is not ‘dumping’ Solana and other token holdings — Spokesperson

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Binance, the world’s largest cryptocurrency exchange, denied speculation that it has been selling off some holdings, despite widespread social media claims amid the latest market downturn. The crypto market experienced a significant correction after the $1.4 billion Bybit hack, which saw Bitcoin’s (BTC) price sink to a low of  $78,197, last seen on Nov. 10, 2024, Cointelegraph Markets Pro data shows. BTC/USD, 1-year chart. Source: Cointelegraph Following the decline, social media speculation arose that some of the largest crypto firms, including Binance, had caused the market crash by selling their…

Ethereum To Drop? ETH Risks Fall To $2,180 If This Support Fails

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Este artículo también está disponible en español. Amid the market retrace, Ethereum (ETH) has lost its key $2,600 support zone and fallen below the next crucial level. As the second-largest cryptocurrency by market capitalization attempts to hold its current range, some analysts predict a 6% drop could be coming. Related Reading Ethereum Risks Fall To $2,180 Following the $1.5 billion hack of crypto exchange Bybit, the crypto industry experienced a market correction that sent most cryptocurrencies below their key support levels. Bitcoin’s price fell below the $90,000 mark for the…