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Michael Saylor Meets Lawmakers, Pushes for US Crypto Leadership

Coins Legend March 1, 2025 0

Michael Saylor met with U.S. lawmakers to push for a structured digital asset framework, aiming to position the U.S. as a global crypto leader. Michael Saylor Pushes for US Crypto Leadership in Congressional Talks Michael Saylor, co-founder and Executive Chairman of software intelligence firm

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US Economy Faces Recession Scare as Atlanta Fed Projects -1.5% Q1 Contraction

Coins Legend February 28, 2025 0

The Atlanta Fed’s GDP model projects a -1.5% contraction in U.S. Q1 2025 GDP, raising concerns about stock market volatility, bitcoin’s near-term stability, and the Federal Reserve’s rate-cut calculus amid a widening trade deficit and cooling consumer spending. GDP Downgrade Sparks Uncertainty: Stocks, Bitcoin Vulnerable as Fed Watches Data Gross domestic product (GDP),

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As February Winds Down, Bitcoin Miners See a $190M Drop in Revenue

Coins Legend February 28, 2025 0

According to the most recent data, Bitcoin’s hashrate has dipped beneath the 800 exahash per second (EH/s) threshold, coinciding with a 30-day low in mining revenue, commonly referred to as hashprice. As of Friday, the hashprice is hovering just below $50 per petahash per second (PH/s), marking a notable decline in miner profitability. Bitcoin Miners […]

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Arizona Senate Approves Strategic Digital Assets Reserve Bill, Advances to House

Coins Legend February 28, 2025 0

The Arizona Senate advanced a bill to create a state-managed reserve for seized bitcoin, passing SB 1373 by a 17-12 vote on Feb. 27 and sending it to the House for further consideration. Arizona Legislators Narrowly Pass Digital Assets Reserve Bill The Strategic Digital Assets Reserve bill establishes a fund overseen by the state treasurer […]

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Bitcoin ETFs Extend Outflow Streak to 8 Days With Another $276 Million Withdrawn

Coins Legend February 28, 2025 0

Bitcoin ETFs outflows extended to eight days with another outflow of $276 million, while ether ETFs saw $71 million in outflows. Sustained Withdrawals See More Losses for Bitcoin and Ether ETFs Crypto exchange-traded funds (ETFs) continue to face significant challenges as both bitcoin and ether ETFs experience persistent outflows. Bitcoin ETFs have now endured an […]

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CME Group Reveals Solana Futures Launch for March 2025, Targeting Institutional and Retail Traders

Coins Legend February 28, 2025 0

CME Group, the world’s largest derivatives exchange, will introduce cash-settled solana (SOL) futures on March 17, 2025, pending regulatory approval, offering micro (25 SOL) and standard (500 SOL) contracts to cater to retail and institutional traders. CME Group Aims to Launch Solana Futures, Pending Regulatory Approval CME said futures contracts will be based on the […]

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LBank Announces New Trading Keywords to Empower Global Market Reach

Coins Legend February 28, 2025 0

This content is provided by a sponsor. PRESS RELEASE. SINGAPORE, February 28, 2025 – LBank(lbank.com), a leading global cryptocurrency exchange, is excited to announce its new trading keywords for 2025: Fastest Altcoin Listings, Top1 in MEME Liquidity and Pre-Market Guarantee. These initiatives reflect LBank’s firm commitment to promoting memecoin ecosystem and sustainable

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Trump Mulls Tariffs on UK Amid Trade Deficit Disputes, Seeks Negotiations

Coins Legend February 28, 2025 0

As of Feb. 28, 2025, reports say U.S. President Donald Trump is considering tariffs on the United Kingdom as part of his broader trade policy agenda, though no definitive measures have been enacted. Tariff Threat Looms Over UK as Trump Pushes Aggressive Trade Agenda President Trump has prioritized tariffs to address trade imbalances, imposing a […]

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Bitcoin Price Watch: Signs of a Bull Trap as Resistance Holds Strong

Coins Legend February 28, 2025 0

Bitcoin is currently priced at $83,779, with a market capitalization of $1.66 trillion and a 24-hour trading volume of $91.22 billion, as price action remains volatile within an intraday range of $78,197 to $84,854, potentially signaling a bull trap as technical indicators point to underlying weakness despite short-term rebounds. Bitcoin Recent price movement suggests

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Bitdeer Invests $4 Million to Buy 50 More BTC, Holdings Reach 1,011 BTC

Coins Legend February 28, 2025 0

Singapore-based mining firm Bitdeer has acquired 50 BTC for $4 million at an average price of $81,475, according to a Feb. 28 X post. This brings the company’s total bitcoin holdings to 1,011 BTC. Over the past six days, Bitdeer has purchased 150 BTC with earlier purchases of 50 BTC each on Feb. 23 and […]