BIT MAGAZINE

As the sun rises on Sunday, March 2, 2025, bitcoin lingered beneath the $90,000 threshold at $85,803 globally, yet South Korea’s markets defied the trend, with BTC commanding a 2.18% premium to reach $87,673—a resilient divergence in an otherwise tempestuous climate.

Three Months, One Trend: South Korea’s Bitcoin Valuation Outpaces Global Markets
Bitcoin has navigated an unforgiving week, compounding a 30-day descent of 18.1%, as geopolitical tremors tied to Trump’s tariff policies injected volatility into financial markets. Against this backdrop, South Korea’s BTC valuations have consistently outpaced global averages throughout February, crafting a narrative of localized defiance.

Historical data from cryptoquant.com reveals this premium phenomenon has persisted since Dec. 16, 2024, threading a tale of contrast between regional enthusiasm and broader market trepidation. By the close of December, the bitcoin premium in South Korea reached 5.26%, and by the end of January 2025, it had risen to 7.27%. It did not stop there; on Feb. 8, the premium attained an 8.32% high relative to the weighted global average

South Korea’s bitcoin premium diminished late February and into early March, resting at 2.84% on March 1 before tapering to 2.18% as of Sunday, March 2, per current metrics. By 8 a.m. Eastern Time (ET) that day, the nation’s BTC valuation eclipsed global averages by $1,870—a persistent and present price anomaly.

Parallel to this, the Coinbase Premium Index and Gap, hosted on cryptoquant.com, oscillated through February, its erratic undulations hinting at U.S. investors’ cautious inertia. Notably, since Feb. 24, the index has languished in negative territory, framing a stark trans-Pacific contrast: South Korean traders propelled demand with vigor, while their American counterparts exercised restraint.

Beyond stablecoins’ dominance, the U.S. dollar remains BTC’s foremost trading partner, though the South Korean won trails closely behind, accounting for 3.20% to 5.6% of global transactions in the past week. Daily trading volumes for the euro, Canadian dollar, and British pound pale beside the won’s brisk activity. Stablecoins command the lion’s share of BTC volume, trailed by the greenback and the won—a trio that’s been shaping crypto’s liquidity hierarchy over the last year.

TAGS IN THIS STORY
#Bitcoin #Prices #SouthKorea

BRICS will prioritize secure, transparent payment systems this year under Brazil’s leadership, advancing financial sovereignty and reducing reliance on Western financial networks.

BRICS Payment Systems Just Got Serious—Brazil’s 2025 Agenda Revealed
Brazilian President Luiz Inacio Lula da Silva announced on Feb. 26 that Brazil will focus on developing secure payment systems during its BRICS presidency in 2025. Speaking at the BRICS Sherpas meeting in Brasilia, Lula da Silva stated:

Brazil is going during the period of its presidency to fully develop … transparent and safe payment systems.

The initiative is part of a broader strategy to strengthen financial infrastructure among BRICS nations, potentially reducing reliance on Western financial systems and enhancing economic cooperation within the bloc.

In addition to secure payment systems, Lula da Silva emphasized the need to expand trade between BRICS countries to further solidify their economic ties. He urged member states to boost bilateral trade, stating: “The BRICS community became the driver of positive changes in our countries and globally.” However, he acknowledged challenges, emphasizing: “At the same time, we face tasks to increase coordination [of efforts among BRICS members].” His remarks reflect ongoing efforts to deepen economic integration among BRICS nations.

BRICS countries have been increasingly focused on alternative payment systems, particularly following Western sanctions on Russia that restricted its access to the SWIFT financial network. As a result, member states have explored new mechanisms for trade settlements, including the use of local currencies and blockchain-based systems.

The bloc has also discussed the possibility of developing a BRICS common currency to facilitate trade and reduce dependence on the U.S. dollar. Brazil’s leadership in 2025 could accelerate dedollarization efforts, further positioning BRICS as a challenger to the Western-dominated financial order. Lula da Silva’s push for secure payment systems aligns with this broader agenda of financial sovereignty and global influence.

TAGS IN THIS STORY
#BRICS

Bitcoin is currently trading at $85,634, with a market capitalization of $1.69 trillion and a 24-hour trade volume of $68 billion, moving within an intraday range of $82,133 to $87,686 as technical indicators reflect a market struggling between short-term recovery and persistent bearish pressure.

#bitcoin
Bitcoin‘s 1-hour chart signals a slight recovery following a local bottom at $82,133, with buyers stepping in to stabilize prices. However, resistance at $86,000 remains a critical barrier, preventing a stronger upward push. If bitcoin holds the $84,000–$85,000 range, a breakout toward $88,000 is possible. A failure to maintain this support level could lead to a retest of $82,000, reinforcing the broader bearish sentiment.

BTC/USD 1H chart via Bitstamp on Feb. 27, 2025.
On the 4-hour chart, bitcoin’s price trend remains short-term bearish, though signs of accumulation are emerging. Increased volume on upward movements suggests traders are buying at lower levels. Key resistance lies between $86,000 and $88,000, with a breakout above this zone potentially driving prices toward $90,000. However, failure to surpass this range could signal another leg down toward $82,000 or lower.

BTC/USD 4H chart via Bitstamp on Feb. 27, 2025.
The daily chart confirms the prevailing bearish trend, with strong downward momentum and increasing sell volume. Major resistance sits around $109,356, while support is near $82,133. The price must reclaim $90,000 to disrupt the current downtrend, but if support breaks, bitcoin could see further downside toward $78,000 or even $75,000 in the coming sessions.

BTC/USD 1D chart via Bitstamp on Feb. 27, 2025.
Oscillators present mixed signals, with the relative strength index (RSI) at 30, Stochastic at 17, and momentum at -10,014, all indicating a buying opportunity. Meanwhile, the moving average convergence divergence (MACD) remains negative at -2,818, signaling ongoing bearish momentum.

Moving averages (MAs) continue to reinforce the downtrend, with the exponential moving average (EMA) and simple moving average (SMA) across multiple timeframes—10, 20, 30, 50, and 100—flashing sell signals. The only bullish signs come from the EMA 200 and SMA 200, suggesting long-term support near $85,647 and $81,879, respectively.

In conclusion, bitcoin faces critical resistance at $86,000–$88,000, and a breakout above this level is necessary for a bullish reversal toward $90,000 or higher. Failure to reclaim this range may lead to further declines, with $82,000 as the immediate support level and a potential drop toward $78,000. Traders should closely monitor price action, particularly around key resistance and support zones, as the market remains at a pivotal juncture.

Bull Verdict:
If bitcoin successfully breaks above $88,000 with strong buying volume, it could signal a shift in momentum, allowing the price to reclaim $90,000 and push toward higher resistance levels. A sustained move above this zone may indicate the end of the downtrend and the beginning of a new bullish cycle, targeting $95,000 and beyond.

Bear Verdict:
If bitcoin fails to break above $86,000–$88,000 and instead loses support at $84,000, the market is likely to see further declines. A drop below $82,000 could accelerate selling pressure, pushing prices toward $78,000 or even $75,000, reinforcing the prevailing bearish trend.

TAGS IN THIS STORY
#Bitcoin ($BTC ), #markets , #prices

The SEC has closed its investigation into Gemini without bringing any charges.
Cameron Winklevoss criticized the SEC, blaming it for massive legal costs and lost innovation.
The U.S. Securities and Exchange Commission (SEC) has formally closed its almost two-year probe of Gemini Trust Co., the crypto exchange established by the Winklevoss twins. Cameron Winklevoss said that the agency has resolved not to seek any enforcement action against the firm.

The investigation lasted 699 days and included a Wells Notice issued 277 days ago, signalling potential legal action. However, despite the SEC’s decision to drop the case, Cameron Winklevoss remains critical and did not express relief or satisfaction over the SEC’s decision in his statement.

Moreover, he condemned the agency’s aggressive approach, asserting that Gemini incurred tens of millions of dollars in legal fees and suffered hundreds of millions in lost productivity and innovation.

Cameron further stated:

“The SEC’s behavior toward other crypto companies and projects has cost orders of magnitude more and caused unquantifiable losses in economic growth for America.”

He urged monetary penalties against the regulatory body to stop future growing pains, especially in regard to the regulation of crypto lawful businesses.

Gemini’s IPO Consideration and Legal Battles
Gemini is also contemplating the issue of an initial public offering (IPO) later this year. Nevertheless, the company has not finalized any decision regarding the same.

In January, the firm agreed to pay $5 million to settle charges with the U.S. Commodity Futures Trading Commission (CFTC) over claims of misleading disclosures. In June 2023, Gemini settled a case with the New York Attorney General’s office for $50 million.

Shift in SEC’s Crypto Enforcement
The move to close the Gemini investigation is consistent with the SEC’s approach to crypto enforcement. Since Acting Chairperson Mark T. Uyeda took over following Gary Gensler’s departure, the agency has adopted a more crypto-friendly approach.

This policy shift follows the SEC’s recent withdrawals of legal actions against Coinbase, OpenSea, Robinhood, and UniSwap. The agency’s retreat has raised speculation that it may adopt a more measured approach in ongoing high-profile cases, including the lawsuit involving Ripple Labs.
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#SEC #Winklevoss

Crypto’s recent downturn is a “tactical retreat, not a reversal,” Binance’s CEO said, pointing to strong institutional demand, resilient fundamentals, and past market recoveries.

Binance CEO Breaks Down Crypto’s ‘Tactical Retreat’—Why It’s a #BullishSignal
Binance CEO #RichardTeng Teng addressed recent market turbulence on social media platform X on Feb. 25, urging investors to maintain a long-term perspective despite the downturn. He stressed:

It’s important to view this as a tactical retreat, not a reversal. Crypto has been here before and bounced back even stronger.

Teng emphasized that the cryptocurrency market has historically demonstrated resilience even amid macroeconomic challenges, stating: “History has shown that crypto markets react to macroeconomic shifts much like traditional assets, but they also bounce back with remarkable resilience.” He pointed to past market recoveries, such as bitcoin’s rebound after dipping below $20,000 in 2022 during U.S. Federal Reserve rate hikes, as proof that downturns are often temporary.

The Binance boss reassured investors that the recent decline does not indicate a deeper structural issue, stating: “What we are witnessing now is another short-term tactical retreat, far from a structural decline. Price movements often overshadow what’s happening beneath the surface, but the core drivers of crypto’s growth remain firmly intact.”

Noting that institutional demand remains strong, with steady exchange-traded fund (ETF) inflows and ongoing regulatory filings, he shared:
Institutional interest continues to rise. ETF inflows remain strong and new applications are filed regularly. Binance also continues to see steady inflows of new users. Market cycles come and go, but the fundamental indicators of crypto’s strength are getting stronger.
Additionally, he addressed the role of Federal Reserve policy, explaining that while a March rate cut appears less likely, monetary policy remains data-driven and could shift quickly if economic conditions change.
Encouraging confidence among investors, Teng acknowledged the emotional impact of market pullbacks but emphasized the opportunities they present. “It’s true that market pullbacks can feel unsettling. But they are also moments where seasoned investors position themselves for the next uptrend,” he opined. The Binance executive concluded by calling on the crypto community to stay focused, reminding them that the industry has repeatedly demonstrated its ability to recover from setbacks.
TAGS IN THIS STORY
#Binance

Here are some factors that keep the price #BNB stable
1. The number of BNB token holders who do not plan to sell: When many BNB token holders do not plan to sell, the selling pressure on the price of BNB will decrease. This is because they will not release their tokens to the market, thus not adding to the supply of BNB tokens in the market. Consequently, the price of BNB will be more stable as there is no strong selling pressure.

2. Ongoing bearish trend: A bearish trend is a situation where the price of the BNB token tends to decline over a certain period. However, if the price of BNB does not drop further, it indicates that the price has stabilized and is not changing much. This can be caused by several factors, such as increased investor confidence, increased usage of the BNB token, or improved technical capabilities of the BNB token.

The move higher was in line with a CoinDesk analysis on Tuesday, as a five-month low in a sentiment index and a large-scale liquidation event indicated assets were likely oversold and could see relief in the short term.

What to know:
XRP and BNB Chain’s BNB led a gradual rebound in majors Wednesday as traders continued to reel from Tuesday’s carnage.
Gold fell 1.3% on Tuesday after a profit-taking bout following a record rally where it touched a new high Monday, but rose higher in Asian morning hours Wednesday.
Meanwhile, hopes of an altcoin rally remain muted among traders, with fresh dollar inflows expected to flow exclusively to BTC.
Still, signs of caution remain as lower prices may dent equity-linked issuances for BTC.
$BTC
$BNB
$XRP
Bitcoin (BTC) neared $89,000 in Asian morning hours after a 24-hour low of $86,200, slightly improving market sentiment with major tokens showing signs of a recovery.

XRP and BNB Chain’s BNB led a gradual majors rebound Wednesday as traders continue to reel from Tuesday’s carnage — one that saw overall capitalization drop as much as 10% and at least $1.2 billion in losses on bullish bets.
TAGS IN THIS STORY
#xrp #bnb #bitcoin

Experts agree that while memecoins can attract users, their volatility poses risks to the broader crypto ecosystem. One expert argued that the collapse of memecoins can harm liquidity and emphasized the need for investors to be cautious and screen for fraudulent tokens.

Memecoin Losses Prompt First-Time Crypto Users to Quit
Coinbase CEO Brian Armstrong recently made a bold claim that memecoins can be the gateway to mass adoption. However, a recent study by Chainplay and Storibles suggests that users’ experiences with memecoins, especially those endorsed by politicians, have been underwhelming.

In fact, 21% of first-time investors quit crypto after witnessing the value of politician-endquartered memecoins plummet. As of Feb. 19, a majority of investors in TRUMP, LIBRA and CAR memecoins were at a loss, sparking allegations of scams. Similarly, buyers of less high-profile memecoins are said to have exited the crypto space after disappointing experiences.

While there’s no concrete evidence that the decline of president-endorsed memecoins or memecoins in general is undermining the crypto industry, falling trading volume on Solana’s decentralized exchange (DEX) has been linked to waning investor interest in memecoins. Solana is the launch platform for Pump.fun, a memecoin launchpad that has seen significant user activity decline in recent weeks.

In a post on X prior to the release of the Chainplay and Storibles study findings, Armstrong acknowledged that some memecoins are not just silly or offensive but may also be fraudulent. Still, Armstrong, whose crypto platform’s “commitment” to free-market principles ensures Coinbase users have access to memecoins, is adamant that these coins have a role to play in bringing the “next billion users on-chain.”
Memecoins: Double-Edged Sword
Some experts agree with Armstrong’s views but assert that memecoins are in fact a double-edged sword. They might help onboard new users but may not sustain long-term adoption. One expert, Victor Young, founder of Analog, also sees the volatility of memecoins as another double-edged sword.

“On-chain events—such as a sharp drop in Solana’s total value locked (TVL) following high-profile token collapses—demonstrate that meme coin volatility can spill over and destabilize entire blockchain ecosystems,” Young said.

Arthur Breitman, Tezos co-founder, said the collapse of memecoins tends to wash out participants, ultimately hurting liquidity. Commenting on the possibility that governments and regulators may take action to protect vulnerable users, Breitman said:

“Memecoins are a product of regulatory overreach, they promise nothing and deliver nothing, or entertainment at best. I doubt we’ll see them being meaningfully curbed anytime soon.”

The Tezos co-founder said the onus is therefore on prospective memecoin investors to screen out fraudulent tokens, and one effective way to do this is by avoiding anything with “highly concentrated ownership.” These sentiments are echoed by Young, who also advises prospective investors to evaluate the liquidity of a memecoin’s DEX and to be cautious of tokens that rely on celebrity or political endorsements.

Young, meanwhile, agrees with Armstrong’s view that the crypto industry’s long-term success hinges on building sustainable and valuable products.

“For memecoins to evolve
#brianarmstrong #memecoin🚀🚀🚀

The crypto market faced notable withdrawals on Feb. 24, with bitcoin ETFs experiencing a net outflow of $516 million and ether ETFs shedding $78 million. Major funds, including Fidelity’s FBTC and Blackrock’s IBIT, led the downturn, reflecting a negative sentiment among investors.

Crypto ETFs Face Significant Withdrawals as Bitcoin and Ethereum Funds Decline
Investor sentiment in the crypto market continued to nosedive with both bitcoin and ether exchange-traded funds (ETFs) experiencing significant outflows on Monday, Feb. 24. According to data from Sosovalue, bitcoin ETFs saw a substantial net outflow of $516.41 million, while ether ETFs recorded a net outflow of $78.09 million.
Fidelity’s FBTC bore the brunt of the bitcoin ETF withdrawals, with an outflow of $246.96 million. Blackrock’s IBIT followed closely, losing $158.59 million. Other notable outflows included Grayscale’s GBTC and BTC funds, which saw reductions of $59.5 million and $6.25 million, respectively.

Bitcoin ETF Daily Inflow/Outflow
Invesco’s BTCO and Wisdomtree’s BTCW weren’t spared either, experiencing outflows of $15.02 million and $12.5 million, respectively. Bitwise’s BITB and Vaneck’s HODL also faced withdrawals, shedding $10.26 million and $7.33 million.

Ether ETFs mirrored this trend, albeit on a smaller scale. Blackrock’s ETHA led the outflows with $48.21 million, while Grayscale’s ETHE saw a reduction of $15.45 million. Bitwise’s ETHW and Grayscale’s ETH funds also experienced outflows, losing $9.71 million and $4.73 million, respectively.
The net outflows saw total net assets for bitcoin ETFs dip below $110 billion, standing at $109.26 billion. Similarly, total net assets for ether ETFs stood at $9.94 billion.

These significant outflows suggest a major negative shift in investor confidence, possibly influenced by more market volatility and President Trump‘s definitive stance on the enforcement of tariffs.

TAGS IN THIS STORY
$BTC Bitcoin (BTC), $ETH Ethereum (ETH)

Bitcoin failed to hold its price in early hours on Tuesday, falling to nearly $88,600 and losing the key $90,000 support zone as investors shifted to more stable assets amid renewed trade wars. The top cryptocurrency showed weakness the day before but managed to hover above the $90K mark on the day the Trump administration announced its intention to impose previously delayed tariffs on Mexican and Canadian imports. Over the past 30 days, bitcoin prices have fallen nearly 15% amid economic instability that has benefited other safe-haven assets such as gold, which has hit eleven record highs in 2025.

Arab Financial Services, a digital payments provider in the Middle East and Africa, has partnered with Ternoa to introduce crypto payments in the United Arab Emirates.

Stablecoin Payments at POS Terminals
Arab Financial Services (AFS), a digital payments solutions provider focused on the Middle East and Africa, announced on February 24 that it has partnered with Ternoa to enable crypto payments in the United Arab Emirates (UAE). As part of the partnership agreement, Ternoa, a financial payments network (PayFi), will introduce Athar, a decentralized consumer finance protocol.

$KAITO
$SUI
$XRP

The crypto market is still moving dynamically with several assets attracting investors' attention.
Some projects recorded significant price appreciation in a short period of time, while others experienced consolidation due to selling pressure.
In this article, we will discuss five crypto assets that are currently being widely discussed: Story Protocol (IP), Ondo Finance (ONDO), Sui Network (SUI), Ripple (XRP), and Kaito AI (KAITO).
1. Story Protocol (IP)
Story Protocol has managed to attract attention as an artificial intelligence-based project that has experienced rapid price appreciation since its launch.

Robert Kiyosaki warned that if Fort Knox gold is missing, the U.S. economy could collapse, the dollar would crash, and global chaos could be inevitable.

Missing Fort Knox Gold Could Wreck Economy, Destroy Dollar, and Spark Global Turmoil
Robert Kiyosaki, author of Rich Dad Poor Dad, raised concerns about the U.S. economy after questioning the possibility of missing gold reserves at Fort Knox in a post on social media platform X on Feb. 22. His book, which has sold over 32 million copies, has been translated into more than 51 languages and remained on The New York Times bestsellers list for over six years.

“What if? What if Trump finds gold in Ft. Knox is missing?” he questioned. “I doubt gold is missing. I want to believe gold is there. But what if gold is missing?” The famous author warned:

The U.S. economy would collapse. The dollar would crash. The world would be in chaos. And inflation would wipe out millions of people, families, and businesses. $BTC $USDC $XRP
Recent discussions have emerged regarding the status of gold reserves at Fort Knox. President Donald Trump, during a recent speech, expressed intentions to visit Fort Knox with Elon Musk to verify the presence of the nation’s gold reserves. This follows Musk’s social media posts questioning the security of the gold stored there. The secrecy surrounding Fort Knox continues to fuel public speculation and calls for increased transparency.

To mitigate the risk of missing gold reserves at Fort Knox, Kiyosaki highlighted his preference for alternative assets, stating:

Just in case gold is missing… I own gold, silver, and bitcoin. The U.S. dollar will be toilet paper. Silver will be king.
The acclaimed author’s stance reflects his long-standing skepticism of fiat currency and belief in hard assets as protection against economic instability. He has frequently warned of the potential collapse of the U.S. dollar and encourages people to prepare accordingly. In addition to financial security, he has also suggested individuals consider personal safety measures. His message concluded with a reminder to remain vigilant and think critically about economic risks, urging people to ask themselves: “What if?”
TAGS IN THIS STORY
#Robertkiyosaki #UnitedStates #US #GOLD

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There is not enough information to confirm whether Depin Airdrop will replace AIRDROP TAP TO EARN. However, keep in mind that trends and interest in airdrop projects can change over time. Some airdrop projects may still be in demand, while others may lose popularity.
To learn more about Depin Airdrop and its possible impact on TAP TO EARN AIRDROP, it is necessary to do further research on both projects and monitor the latest developments in the cryptocurrency community.