Today's Highlights
1. Bitcoin faces critical support level at $64,253
2. New L1 $MONAD to track mainnet launch impact
3. Gold-backed $PAXG signals risk-off sentiment
4. Micro-cap $PIPPIN under volume confirmation watch
5. Consolidation near key support for $JASMY
Macro News
Bitcoin Spot ETFs Record $204M Net Outflow on Feb 23
BlackRock's IBIT led with a $116M outflow, while VanEck's HODL recorded the largest net inflow of $6.35M. Total ETF assets remain at $8.6B.
Ethereum Spot ETFs Recorded $49.48M Net Outflow on Feb 23
BlackRock's ETHA saw the largest outflow of $45.38M. VanEck's ETHV also recorded a $2.71M outflow.
Trump's New 10% Global Tariff Takes Effect for 150 Days
The new tariff will remain in effect for 150 days, with Trump also planning to raise it to 15% in the coming months.
Arizona Digital Assets Strategic Reserve Bill Advances
SB1649 has passed the Rules Committee and is now on the Senate consent calendar, signaling progress toward a state-level digital asset reserve.
BlackRock Sells $117.4M Worth of Bitcoin
The move comes amid broader market uncertainty and ongoing pressure on Bitcoin prices, with no clear explanation provided for the large-scale sale.
Industry Hotspots
Hyperliquid Traders Face Major Drawdowns
Two BTC traders on Hyperliquid, including known trader Paul Wei, are experiencing significant losses due to pyramid position management strategies.
Hong Kong Police Arrests Crypto Employee for Stealing 2.67M USDT
A 34-year-old engineer was arrested for allegedly stealing 267,000 USDT from 20 customers. The incident has raised concerns over internal security in crypto firms.
Canaan Completes $39.75M Acquisition of Texas Bitcoin Mining Projects
The deal includes 49% equity in three mining projects in West Texas with a total hash rate of 4.4 EH/s and 120 MW power capacity.
IoTeX Offers 10% Bounty to Hacker to Return $4.4M in 48 Hours
The company is seeking to recover funds stolen from its ioTube cross-chain bridge and has offered a $440,000 reward for the return of the assets.
X Updates API Policy to Curb AI-Generated Comments
The new rules restrict programmatic replies unless the original author is mentioned, aiming to reduce spam and AI-generated content on the platform.
KOL and Institutions
@BlackRock
BlackRock has sold $117.4 million worth of Bitcoin amid ongoing market uncertainty and downward price pressure.
@TedPillows
A price below $50,000 for Bitcoin would be attractive for DCA entry, following a short opened at $89,100.
@SeismicCrypto
$7.8 trillion in cash sits in US money market funds, potentially ready to enter crypto markets as a new opportunity window opens.
@Tylerhill
Bitcoin's bull run from $16k to $125k is undeniable, despite criticism of the altcoin market performance.
@dotkrueger
Bitcoin is under pressure at $64,253. Holding this level could trigger a bounce, while breaking it may lead to further downward movement.
@triremetrading
Over $178M in tokens will unlock between Feb 24–Mar 2, with major unlocks from $SUI, $JUP, and $H.
@CryptoPatel
Over $317M in token unlocks will hit the market in the next 7 days, affecting tokens like $SUI, $JUP, and $DOGE.
@oxhak
Bitcoin traders are divided as BTC faces fresh selling pressure amid tariff news and potential movement toward $60,000.
@ThuanGlobal
Missouri’s House Bill 2080 has advanced toward establishing a state-level Strategic Bitcoin Reserve Fund, requiring Bitcoin to be held for at least five years.
@sebiisb
Bitcoin is currently failing to find meaningful expansion, with a clear rejection at the descending trendline and $64.8k support being tested.
This content is generated by AI for informational purposes only and does not constitute investment, financial, or trading advice.