A draft legislation proposing the creation of a bitcoin strategic reserve fund has been referred to the House Commerce Committee following the failure of a similar 2025 initiative. Capitalization and Investment Strategy A bill proposing the creation of a bitcoin strategic reserve fund, House Bill 2080, has been formally referred to the Missouri House Commerce […] Original
Category: Bitcoin News
Bitcoin price prediction as Coinbase Premium flips positive
Bitcoin price is attempting a recovery near $65,000 as the Coinbase Premium turns positive despite recent exchange-traded fund outflows. Summary Bitcoin price prediction leans towards trend reversal as the Coinbase Premium flips positive. The metric indicates strong U.S. demand returning after recent ETF outflows. Price must reclaim key resistance to confirm a stronger recovery. Bitcoin was trading at $65,907 at press time, up 3.4% in the last 24 hours. The move follows a drop to $62,900 within the past week, where buyers stepped in. Even with the bounce, Bitcoin (BTC)…
Stocks Face Long Grind Lower, but Bitcoin May Rally First, Says Gareth Soloway
Gareth Soloway, president and chief market strategist at Verified Investing, told David Lin on The David Lin Report (TDLR) that U.S. stocks could face a prolonged grind lower while bitcoin may be primed for a sharp relief rally. Gareth Soloway Warns of Japan-Style Stagnation as He Turns Bullish on Bitcoin Markets opened the week on […] Original
Bitcoin Recovers $64K Support Following Multi-Asset Market Rout
Bitcoin broke below the $63,000 support level as a broader Wall Street sell-off collided with mounting geopolitical tension. The decline follows renewed tariff threats from the U.S. President, fueling market-wide uncertainty and a retreat from risk assets. Sentiment Hits Historic Lows Bitcoin took a bruising on the morning of Feb. 24, 2026, sliding below the […] Original
Bitcoin price defends $62,000, low volume signals weakness
Bitcoin price is holding above $62,000 support, but weak volume participation raises concerns that the current bounce lacks strength and downside risk remains. Summary Bitcoin defending $62K support within broader range structure Low volume signals weak bullish conviction $60,000 range low remains key downside target if weakness continues Bitcoin (BTC) price action has entered a consolidative phase after weeks of corrective movement, with the market recently testing daily support near the $62,900 region. This level has so far held firm, preventing an immediate breakdown and allowing price to stabilize within…
Crypto ETFs Turn Red Again Led by $204 Million Bitcoin Outflow
Bitcoin exchange-traded funds (ETFs) returned to outflows on Monday, Feb. 23, with a $204 million exit, while ether funds shed $49 million. Solana ETFs attracted fresh capital, and XRP ETFs saw no trading activity. Bitcoin, Ether Slide as Solana Attracts $8 Million The new week opened with a sharp shift in tone. After briefly stabilizing […] Original
Crypto Fear Index Craters to Historic Low as Bitcoin RSI Nears Levels Seen Only in Major Collapses
This week, as bitcoin slipped 7.5% against the U.S. dollar, the Crypto Fear and Greed Index printed a jaw-dropping 5 out of 100 — a record low that screams extreme fear across crypto sentiment. Bitcoin Enters an Extremely Oversold Territory On Tuesday, bitcoin slid to an intraday low of $62,525 per coin on Bitstamp, while […] Original
Bitcoin Clings to $62.5K as Bearish Pressure Tightens Its Grip
Bitcoin is trading at $62,693 on Feb. 24, 2026, at 9 a.m. EST, clinging to a critical support band as bearish structure dominates across multiple time frames. Momentum metrics and moving averages suggest the path of least resistance remains lower, unless bulls can reclaim key resistance with conviction. Bitcoin Chart Outlook Bitcoin‘s broader daily chart […] Original
Arizona advances bill to hold Bitcoin and XRP in state reserve
Lawmakers in Arizona have taken a significant step toward formalizing state-level engagement with digital assets by advancing legislation that would create a Digital Assets Strategic Reserve Fund, allowing the state to hold, invest and potentially lend seized cryptocurrencies. Summary Arizona lawmakers advanced Senate Bill 1649, which would create a Digital Assets Strategic Reserve Fund allowing the state to hold, invest and potentially lend seized cryptocurrencies. The fund would be administered by the State Treasurer and capitalized using confiscated or forfeited crypto assets rather than taxpayer funds. Eligible assets include Bitcoin,…
Bitcoin eyes $60k as Kraken VP warns of deeper tariff-led slide
BTC fell about 5% in days as tariffs and geopolitics drove downside risk. Summary BTC is in a sharp correction similar to equities, with renewed tariff uncertainty and geopolitical tensions cited as primary downside catalysts in the short term. Kraken VP Matt Howells-Barby flags ~$60k as critical support and warns a breakdown could open a path toward the mid-to-low $50k range. Historically, BTC has not bottomed until the 50-week MA drops below the 100-week MA in a death cross, implying potential further downside before a durable floor forms. Matt Howells-Barby,…