🗞 February 26, 2025 cryptocurrency news highlights

【Cryptocurrency】
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.

【Economy】
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.

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

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

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

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The market shows that BTC has fallen below $83,000, and now it is reported at $82,931.98, with a 24-hour decline of 5.62% 📉

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U.S. Treasury Secretary Scott Bessent named Galaxy Digital regulatory counsel Tyler Williams to advise on digital assets and blockchain technology policy

Williams currently serves as head of Regulatory and Legislative Affairs & Regulatory Counsel at Galaxy Digital and also lectures part-time at The George Washington University Law School.

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SEC, Justin Sun, Tron Ask Court to Pause Fraud Case Over 'Potential Resolution'

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Over $760m was liquidated in the past 24 hours, including $610m in long positions, as Bitcoin saw significant volatility, falling from $89,000 to as low as $82,000 before recovering at $85,000.

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FTX’s bankruptcy is the costliest crypto-related case and rivals some of the largest financial collapses in history, though still far from Lehman Brothers’ $6bn bankruptcy cost.

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Binance has supported the Sui network's USDC, and the APR for the SUI/USDC pool on Turbos Finance is currently reported at 260%.

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Bybit Hack Laundering Nets THORChain $3 Million in Transaction Fees

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President Donald Trump said 25% tariffs on Canada and Mexico will take effect on March 4, and said he would impose an additional 10% tax on Chinese imports.

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🗞 February 27, 2025 cryptocurrency news highlights

【Cryptocurrency】
Binance has supported the Sui network's USDC, and the APR for the SUI/USDC pool on Turbos Finance is currently reported at 260%.

【Economy】
President Donald Trump said 25% tariffs on Canada and Mexico will take effect on March 4, and said he would impose an additional 10% tax on Chinese imports.

【Indicators】
Over $760m was liquidated in the past 24 hours, including $610m in long positions, as Bitcoin saw significant volatility, falling from $89,000 to as low as $82,000 before recovering at $85,000.

【More】
FTX’s bankruptcy is the costliest crypto-related case and rivals some of the largest financial collapses in history, though still far from Lehman Brothers’ $6bn bankruptcy cost.

📱@Money 📱Twitter

🪙 XRP is battling to hold the $2.20 support level. A breakout above could push it to $2.50–$2.70, while a drop below may lead to $1.96. Market indicators show mixed signals, with bullish momentum weakening.

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BitMEX is seeking a buyer and has enlisted investment bank Broadhaven Capital Partners to assist with the sale.💰

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Jim Cramer says you should stay away from MicroStrategy 👀

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Bitcoin dropped below $85,000, currently trading at $84,694.💰📉

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Bitcoin dropped below $80,000, with a 24-hour decrease of 5.4% & SOL fell below $130, currently trading at $129, with a 24-hour decrease of 6.24%.📉👀

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Analyst: Trump Tariffs Re-emerge as Market Focus, Asian Markets Maintain Risk-off Sentiment, Causing Bitcoin to Fall Below $80,000

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Bitcoin Bounce or Retest Key Support at $73,835, Setting the Stage for Further Upside

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USDT's deployment on the TON blockchain has seen the fastest stablecoin growth on any chain to date, with nearly $1.5bn issued in just 10 months.

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