Bitcoin Hodl Strategy Unrealized Gains Surpass $14.7 Billion, Average Purchase Price Around $66,357

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🗞 February 24, 2025 cryptocurrency news highlights

【Cryptocurrency】
The market shows that BTC has broken through $96,000 and is now reported at $9,6004.35. The 24-hour decline narrowed to 0.65%, and the market fluctuates greatly 🪙

【Economy】
Bybit CEO Ben Zhou stated that the exchange has fully closed the stolen ETH gap, with its newly audited proof-of-reserves confirming 100% 1:1 asset backing.

【Indicators】
Bitcoin Hodl Strategy Unrealized Gains Surpass $14.7 Billion, Average Purchase Price Around $66,357

【More】
HK Asia Holdings Approved for Bitcoin Expansion

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💸 The market shows that BTC has broken through $95,000, and now it is reported at $9,9013.5. The 24-hour decline narrowed to 0.38%, and the market fluctuates greatly

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The United States Department of Justice begins an investigation into the cryptocurrency case $ LIBRA , following the complaint filed against Argentine President Javier Milei

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BTC fell below $91,400, and now reported $91388.01, with a 24-hour decline of 5.1%, and the market fluctuates greatly 💰

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🇺🇸 Representatives in Ohio introduce bill that would remove state taxes on Bitcoin payments

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Over $950m was liquidated in the past 24 hours, including $800m in long positions, as Bitcoin fell from over $96,000 to under $91,000.

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OKX agreed to a $505m settlement with the U.S. DOJ for operating without a license. It will pay $84m in penalties and forfeit $421m in fees.

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Since reaching its peak on February 7th, the Bitcoin ETF has seen a net outflow of $1.649 billion.

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JUST IN: 🟠 $635m leveraged Bitcoin positions liquidated in just 24 hours.

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🗞 February 25, 2025 cryptocurrency news highlights

【Cryptocurrency】
BTC fell below $91,400, and now reported $91388.01, with a 24-hour decline of 5.1%, and the market fluctuates greatly 💰

The United States Department of Justice begins an investigation into the cryptocurrency case $ LIBRA , following the complaint filed against Argentine President Javier Milei

【Economy】
🇺🇸 Representatives in Ohio introduce bill that would remove state taxes on Bitcoin payments

【Indicators】
💸 The market shows that BTC has broken through $95,000, and now it is reported at $9,9013.5. The 24-hour decline narrowed to 0.38%, and the market fluctuates greatly

【More】
$635m leveraged Bitcoin positions liquidated in just 24 hours.

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The U.S. SEC abandoned the investigation of Uniswap Labs

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The market shows that BTC broke through $88,000, and is now reported at $88,004.59, with a 24-hour decline of 6.39% 🪙

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Mirana Ventures has deposited $600 million in ETH to Bybit in the past three days, becoming the largest ETH depositor after the Bybit hacking incident 🔹

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Robinhood CEO: The Trump administration may pass stablecoin legislation this year 🫠

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Bybit has officially registered with Indian authorities, restoring all services for existing users as of February 25, including the ability to open new trades and access all products.

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Spot Bitcoin ETFs saw record outflows on February 26, 2025, with nearly $940m exiting as Bitcoin plunged below $88,000, its lowest since November 2024.

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OKX, the world's third-largest crypto exchange, released its 28th consecutive Proof of Reserves (PoR) report, showing $28.1bn in reserve assets as of February 25, 2025—up 59% year-over-year.

⚫️ 128k BTC: +1.59% from its last PoR on January 10, 2025
⚫️ 1.7m ETH: -4.44%
⚫️ 8.54bn USDT: +9.86%
⚫ 1.3bn USDC: +11.52%

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Ark Invest bought $8.7 million worth of COIN stock this Tuesday and sold an equivalent amount of Bitcoin spot ETF.

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GMGN will undergo a database upgrade tomorrow at 10:30 AM, with an expected downtime of 10 minutes.

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