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🔴Bitrue Crypto News
February 27, 2025.

1️⃣.Market Hotspots

• Gotbit Founder Extradited to the U.S. for Fraud: U.S. authorities charge Gotbit’s founder with market manipulation and fraud following an FBI sting operation.

• Crypto Market Sees $249M in Liquidations: A wave of sell-offs resulted in $249 million in liquidations within the past hour, highlighting intense market volatility.

• Crypto Market Sentiment Hits New Lows: The Fear & Greed Index has dropped from 25 to 21, reflecting growing uncertainty and bearish sentiment among investors.

• $1 Billion in Bitcoin Withdrawn from Exchanges: Large BTC outflows from Bitfinex and Coinbase suggest institutional accumulation or investor caution.

• Binance CEO Dismisses Market Crash Concerns: Binance CEO Richard Teng reassures investors, calling the downturn a “tactical retreat,” emphasizing crypto’s history of strong recoveries.

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🔴Bitrue Crypto News
February 27, 2025.

1️⃣.Market Trends

• Bitcoin Adoption Still in Early Stages: River research compares Bitcoin’s 3% adoption in 2025 to the early internet in 1990 and social media in 2005.

• Gold-Backed Cryptos Outperform Amid ETF Inflows: Gold-backed cryptocurrencies are seeing strong performance as gold ETFs experience their highest inflows in three years, signaling increased investor demand for safe-haven assets.

• CoreWeave Prepares for $4B IPO: The cloud computing firm plans a U.S. listing, signaling institutional interest in AI and blockchain.

• Ripple Unveils Institutional Roadmap for XRP Ledger: Ripple is pushing for wider institutional adoption of XRP by outlining strategic developments for its ledger.

• Stablecoins Could Revolutionize Payments: Lightspark’s Jai Massari sees regulated stablecoins enabling instant 24/7 transfers.

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🎁 $XLM Saving Carnival is going to live on #Bitrue!

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⚠️⚠️⚠️⚠️⚠️⚠️We're pleased to announce our next TEXT 𝗔𝗠𝗔 with Crypto Global Community

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5️⃣ Questions In Introduction Segment
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🗓 DATE     : 27th February 2025
⏰ TIME     : 12:00 PM UTC
😀 VENUE  :  @CryptoGlobal_Chat1

⚠️ Rules to follow AMA                  
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ONE DAY LEFT

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