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• $1 Billion in Bitcoin Withdrawn from Exchanges: Large BTC outflows from Bitfinex and Coinbase suggest institutional accumulation or investor caution.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• $1 Billion in Bitcoin Withdrawn from Exchanges: Large BTC outflows from Bitfinex and Coinbase suggest institutional accumulation or investor caution.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