Bear Market #NewsAboutCrypto #news
1. ZachXBT Questions Circle’s Lack of Assistance Following Infini Hack
Summary: ZachXBT criticized Circle for not having an emergency response team in place following the theft of 50 million USDC.
Date: February 24, 2025
Outlook: Bearish
2. Pump.fun Tests AMM That Could Replace Raydium
Summary: Pump.fun is developing an in-house AMM that could negatively impact Raydium’s trading volume.
Date: February 24, 2025
Outlook: Bullish
3. Montana Lawmakers Reject Bitcoin Reserve Bill
Summary: A bill that would have allowed the state to hold Bitcoin as an asset has been rejected, reflecting concerns about the associated risks.
Date: February 24, 2025
Outlook: Bearish
4. XRP, SOL, and ADA Drop After $249 Million Liquidations
Summary: The market saw significant selling pressure, with several altcoins facing steep losses.
Date: February 24, 2025
Outlook: Bearish
5. Bitcoin Network Activity Weakens, Signaling Possible Consolidation
Summary: Bitcoin network activity is declining, which could lead to a prolonged consolidation.
Date: February 24, 2025
Outlook: Bearish
