8 Ways to Stabilize Your Earnings with HTXmining’s Liquidity Staking Service Amidst Recent BTC Price Drop HTXMining, a leading Liquidity Staking Platform, provides users with multiple strategies to optimize their crypto holdings. Through the use of sophisticated staking and mining technologies, investors are able to create new sources of revenue and achieve high returns. Below …
Continue reading “8 Ways to Stabilize Your Earnings with HTXmining’s Liquidity Staking Service”
The Arizona Senate took a significant step toward modernizing state finance by advancing two crypto reserve bills that could lead to state-managed digital asset funds on Feb. 27. Lawmakers have argued that creating a dedicated crypto reserve prepares Arizona for an inevitable federal regulatory framework and positions the state to harness emerging financial technologies to …
Continue reading “Arizona Senate advances bills for state-managed Bitcoin reserves”
The top two digital assets — Bitcoin and Ethereum — are set to close one of their worst months in years this February, with both experiencing double-digit losses. Data from Coinglass shows that Bitcoin has dropped by around 20% this month, marking its steepest decline since June 2022, when it plunged by more than 30%. …
Ukraine is advancing efforts to legalize crypto, with lawmakers expected to vote on a long-awaited bill in the coming months, local media reported on Feb. 28. However, uncertainty remains over how digital assets will be taxed, a key issue that could impact the country’s growing crypto sector. Ukraine is exploring a crypto tax rate between 5% …
Continue reading “Ukraine eyes up to 10% tax on crypto as legalization gains steam”
BlackRock incorporated Bitcoin (BTC) into its $150 billion model-portfolio offerings through its iShares Bitcoin Trust ETF (IBIT) exchange-traded fund (ETF), Bloomberg News reported on Feb. 28. The asset manager has assigned 1% to 2% of its target allocation portfolios to IBIT. As of Dec. 17, the fund registered over $36 billion in net flows, amassing …
Continue reading “BlackRock adds Bitcoin exposure to model portfolio via IBIT”
The Atlanta Fed’s GDP model projects a -1.5% contraction in U.S. Q1 2025 GDP, raising concerns about stock market volatility, bitcoin’s near-term stability, and the Federal Reserve’s rate-cut calculus amid a widening trade deficit and cooling consumer spending. GDP Downgrade Sparks Uncertainty: Stocks, Bitcoin Vulnerable as Fed Watches Data Gross domestic product (GDP), the broadest …
Continue reading “US Economy Faces Recession Scare as Atlanta Fed Projects -1.5% Q1 Contraction”
According to the most recent data, Bitcoin’s hashrate has dipped beneath the 800 exahash per second (EH/s) threshold, coinciding with a 30-day low in mining revenue, commonly referred to as hashprice. As of Friday, the hashprice is hovering just below $50 per petahash per second (PH/s), marking a notable decline in miner profitability. Bitcoin Miners …
Continue reading “As February Winds Down, Bitcoin Miners See a $190M Drop in Revenue”
The Arizona Senate advanced a bill to create a state-managed reserve for seized bitcoin, passing SB 1373 by a 17-12 vote on Feb. 27 and sending it to the House for further consideration. Arizona Legislators Narrowly Pass Digital Assets Reserve Bill The Strategic Digital Assets Reserve bill establishes a fund overseen by the state treasurer …
Continue reading “Arizona Senate Approves Strategic Digital Assets Reserve Bill, Advances to House”
Bitcoin ETFs outflows extended to eight days with another outflow of $276 million, while ether ETFs saw $71 million in outflows. Sustained Withdrawals See More Losses for Bitcoin and Ether ETFs Crypto exchange-traded funds (ETFs) continue to face significant challenges as both bitcoin and ether ETFs experience persistent outflows. Bitcoin ETFs have now endured an …
Continue reading “Bitcoin ETFs Extend Outflow Streak to 8 Days With Another $276 Million Withdrawn”
CME Group, the world’s largest derivatives exchange, will introduce cash-settled solana (SOL) futures on March 17, 2025, pending regulatory approval, offering micro (25 SOL) and standard (500 SOL) contracts to cater to retail and institutional traders. CME Group Aims to Launch Solana Futures, Pending Regulatory Approval CME said futures contracts will be based on the …
Bitcoin is currently priced at $83,779, with a market capitalization of $1.66 trillion and a 24-hour trading volume of $91.22 billion, as price action remains volatile within an intraday range of $78,197 to $84,854, potentially signaling a bull trap as technical indicators point to underlying weakness despite short-term rebounds. Bitcoin Recent price movement suggests bitcoin …
Continue reading “Bitcoin Price Watch: Signs of a Bull Trap as Resistance Holds Strong”
