Cynthia Lummis： I spend dollars and deposit Bitcoin
2025-02-28 16:31
Odaily Planet Daily News: Cynthia Lummis, Chair of the Senate Banking Digital Assets Subcommittee, wrote on X platform: "I spend dollars and save Bitcoin.
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20:17
BTC falls below the $84000 mark
OKX-BTC/USDT is currently trading at $84274.00, with a 24-hour increase of 1.52%. Please be aware of market fluctuations.
19:34
The 'main explosive short order' has exploded by 14.69 million US dollars across the entire network in the past 1 hour, and the short order has exploded by 11.85 million US dollars
The current price of HTX-ETH is $2234.97, a decrease of 2.44% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 14.69 million US dollars, with the main liquidation being short orders and ETH liquidation being 5.71 million US dollars (38.90%). The data is for reference only.
18:52
BTC breaks through the $85000 mark
OKX-BTC/USDT is currently trading at $85121.90, with a 24-hour increase of 0.33%. Please be aware of market fluctuations.
18:13
BTC hits 83820, main buyers' large orders trigger rebound market!
Since yesterday's low of 79258, BTC has rapidly rebounded within a few hours and has now surpassed 83820. Based on the two-hour candlestick trend, this rebound is mainly supported by multiple major buying orders, and the distribution of these driving large orders shows an increase in market confidence. Short term investors can closely monitor the important pressure level of 85000. With the help of our membership function's main large order tracking, we can plan ahead and grasp the true high selling and low buying. Get a glimpse of the main capital flow, easily control the trend changes, become a member immediately, and hold the direction in your hands! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.
17:56
Weekly Recap: Bitcoin’s Tumble and the SEC’s Retreat
Two big themes dominated the crypto news this week: sagging asset prices and the official end of the SEC’s enforcement “mania.”On the former: Bitcoin, which rose steadily from about $70,000 following November’s election, fell precipitously. In early-hours Feb. 28, the price had dipped below $80,000. CoinDesk’s Market Index, which tracks the broader digital assets market, has fallen 12% in the last five days.CoinDesk’s Markets Editor Omkar Godbole analyzed the daily price action, tracking ETF outflows, historical analogies, and macro correlations.On the regulatory front, the SEC dropped major cases against Uniswap, Coinbase, and MetaMask (ConsenSys). It also sought to end a fraud case against TRON and Justin Sun. Our regulatory team of Nik De, Jesse Hamilton and Cheyenne Ligon were all over the news, as usual. Meanwhile, it looks like the SEC will not be treating memecoins as securities, Ligon reported.Stablecoins were another big theme, as issuers argued over the parameters of a new law covering the most used form of digital assets. Jeremy Allaire, co-founder and CEO of stablecoin issuer Circle, said USD-backed stablecoin issuers should be required to register in the U.S., in a clear tilt at Circle’s biggest rival, Tether (regulatory reporter Camomile Shumba had that). Meanwhile, Bank of America said it planned to launch its own stablecoin, Helene Braun wrote.In other important news, Ian Allison reported exclusively that BitMEX, an OG trading platform, was up for sale. Bybit passed blame for its $1.5 billion hack (Oliver Knight reported). Ethereum Foundation’s executive director Aya Miyaguchi said she was stepping down (Margaux Nijkerk had the news). And, Sam Reynolds explained on how investors in Mainland China may soon be able to get access to bitcoin.All these stories looked likely to run into next week’s coverage as crypto continues to provide plenty to write about. Stayed tuned for our continuing reporting. Happy Weekend.