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Bitcoin is trading at $98,548, nearing the key $98,800 resistance. A breakout could push it to $100K, while failure may lead to a pullback to $96,800 or $95,000. πŸ•―

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πŸ‡¦πŸ‡·Argentina’s Senate is demanding a report on President Milei’s alleged role in a cryptocurrency scandal involving $ LIBRA, which surged and crashed after his promotion. The investigation seeks transparency on potential misconduct, though legal consequences may be limited. πŸ”

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Yesterday's Grayscale Mini BTC had a net outflow of $61.1 million, while GBTC had a net outflow of $33.5 million. In addition, yesterday's Grayscale ETHE had a net outflow of $10.3 million, and Mini ETH had a net inflow/outflow of 0.πŸ•―

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Yesterday, there was a net outflow of $88.2 million from Fidelity's Bitcoin Fund (FBTC) and a net outflow of $2.8 million from its Ethereum Fund (FETH).πŸ•―πŸ“£

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Musk changes his X account profile picture: "The Dogefather" appears in the background

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The probability on Polymarket of "Trump establishing a strategic Bitcoin reserve within 100 days of taking office" has dropped to 10%.

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Argentine President Javier Milei gifted Elon Musk a Department of Government Efficiency (DOGE)-themed chainsaw, the symbol of his campaign and presidency, representing his aggressive economic reforms.

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Nano Labs has completed a private placement of approximately $5.9 million, raising funds in Bitcoin and USDT.

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Bybit Hacked for a Total of 514,723 Native ETH and Various Derivative ETHπŸ€•

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On February 21, 2025, Bitcoin dropped 3.07% to $95,220 after a $1.46 billion hack hit Bybit’s Ethereum wallet, causing market volatility as BTC tests the $95,000 support level. πŸ’»

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ZachXBT linked North Korea's Lazarus Group to Bybit’s $1.46B hack, the largest exchange hack ever, earning a 50,000 ARKM bounty from Arkham Intelligence for his analysis. πŸ”­

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Bybit CEO Ben Zhou reported a record 350,000+ withdrawals after the hack, with 99.994% completed and 2,100 still pending. βŒ›

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πŸ›« Funds are being transferred to Bybit from Binance, providing additional liquidity to the exchange.

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Bybit CEO: It is detected that hackers are trying to transfer assets through Chainflip, and a bounty program for cross-chain bridges will be launched soon πŸ”œ

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The Russian Supreme Court is promoting the classification of cryptocurrencies as property in criminal cases, aiming to strengthen the ability of law enforcement to track, freeze and confiscate illegal digital assets πŸ‘¨β€βš–οΈ

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CZ: It is suggested that ByBit's original intention to suspend withdrawal is based on its own experience and observation, and the principle is to always stand on the safer side

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Lazarus Group hacked Bybit for $1.4B, laundering funds through multiple wallets. Bybit offers a 10% bounty, recovering $43M so far. Tether froze 181K USDT. πŸ”“

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Kanye West's YZY token sparks rumors of a Binance listing and Doginal ties. Critics warn of centralization, but no official confirmations yet.πŸͺ™

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