Day: February 25, 2025

Sea of Red: Altcoins Bleed Billions, Crypto Market Sinks to $2.84 Trillion 

2025-02-25 By admin

The cryptocurrency market plunged 7.37% to $2.84 trillion by 10:52 a.m. Eastern Time on Tuesday, marking its steepest single-day decline in months as fears over President Donald Trump’s tariff policies intensified a broad altcoin sell-off. Crypto Market Sees Worst Single-Day Drop of 2025 Every non-stablecoin among the top 45 cryptocurrencies by market capitalization traded in […]

Bitcoin ETFs See $516 Million Outflow Amid Continued Investor Retreat

2025-02-25 By admin

The crypto market faced notable withdrawals on Feb. 24, with bitcoin ETFs experiencing a net outflow of $516 million and ether ETFs shedding $78 million. Major funds, including Fidelity’s FBTC and Blackrock’s IBIT, led the downturn, reflecting a negative sentiment among investors. Crypto ETFs Face Significant Withdrawals as Bitcoin and Ethereum Funds Decline Investor sentiment […]

Investor Alert: Dubai Regulator VARA Flags Unlicensed MKAN Coin Platform

2025-02-25 By admin

The Virtual Assets Regulatory Authority (VARA) has issued an alert regarding MKAN Coin DMCC, which advertised virtual asset activities in the United Arab Emirates (UAE) without the necessary regulatory approval. VARA has instructed the company to cease all unlicensed operations and imposed a fine. The regulator said MKAN Coin’s activities expose users to significant financial […]

Bitcoin Tumbles Below $89K Amid Sector-Wide Bloodbath

2025-02-25 By admin

The largest cryptocurrency slid as low as $86,873 in after-hours trading, the lowest bitcoin has fallen in three months. BTC Sees Sharp Decline as Trading Volume Surges 178% in Market Sell-Off ​Bitcoin (BTC) plunged below $87,000 in afterhours trading but has since recovered slightly and is currently trading at $88,297, reflecting a 7.67% decrease from […]

Faith Rekindled: El Salvador Buys Bitcoin Again After One-Week Hiatus

2025-02-25 By admin

El Salvador has resumed its bitcoin purchase schedule, buying 7 BTC after a one-week hiatus, which raised concerns among bitcoiners. The reason for the pause in the bitcoin acquisition schedule remains unknown. President Bukele Re-Ignites the Faith: El Salvador Buys Bitcoin Again El Salvador has resumed its bitcoin purchases after a week of hiatus, according […]

Record 32.5% of Australians Hold or Have Owned Cryptocurrency, Study Finds

2025-02-25 By admin

A recent study reveals significant cryptocurrency adoption and optimism in Australia, with nearly a third of Australians having owned crypto and a majority believing in its future acceptance. Close to 60% of Users Report Profits Nearly a third (32.5%) of Australians have now owned cryptocurrency, while 42.9% “believe crypto will be widely accepted in the […]