Bitcoin(BTC) Surpasses 86,000 USDT with a Narrowed 1.52% Decrease in 24 Hours On Mar 04, 2025, 18:52 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 86,000 USDT benchmark and is now trading at 86,187.078125 USDT, with a narrowed narrowed 1.52% decrease in 24 hours.
Summary: The price is at a local minimum of 2.42 USDT, and demand is increasing, which may lead to a bounce. However, while the downtrend persists, we need to wait for a break above 2.54 to confirm an uptrend or a loss of 2.42 to continue the decline.#sui $SUI
PancakeSwap Burns Over 5.6 Million CAKE Tokens Worth $10 Million
According to Odaily, PancakeSwap announced on the X platform that it has burned 5,675,332 CAKE tokens, valued at approximately $10 million. This move is part of the platform's ongoing efforts to manage the supply of its native cryptocurrency.
Vitalik Buterin Criticizes Roger Ver's Life Sentence
According to Odaily, Ethereum co-founder Vitalik Buterin has expressed his views on the sentencing of 'Bitcoin Jesus' Roger Ver, calling a life sentence for non-violent tax offenses absurd. Buterin suggested that the case against Ver appears to be politically motivated. He compared it to the situation of Ross Ulbricht, founder of the dark web marketplace Silk Road, noting that many individuals and companies accused of more severe crimes have received significantly lighter sentences than Ver. But
Accumulation of bitcoins can create strong resistance levels According to BlockBeats, on February 28, Glassnode shared on social media information about significant accumulation of bitcoins that occurred from December 2024 to February 2025 in the price range of $96,000 to $98,000. While some addresses in this range are redistributing their BTC, the supply cluster remains tight. This could potentially form a strong resistance level if prices return to this range.
According to PANews, a recent report from the security service platform Immunefi shows a significant increase in cryptocurrency thefts in February 2025, largely due to a record hack at Bybit. This month saw nine hacking incidents, resulting in a total loss of $1.53 billion, which is a 20-fold increase compared to the previous month. This figure is 18 times higher than the $81.6 million recorded in February 2024. To date, losses this year have reached $1.6 billion, eight times greater than the same period last year.
Summary: Selling pressure remains high, but a bounce is possible. Wait for a breakout of 0.004978 to enter long or a decline below 0.004486 to confirm the decline. $AMP
The CoinDesk 20 Index Shows Mixed Dynamics with Notable Leaders and Underperformers
According to CoinDesk, the CoinDesk 20 index experienced a decline in its latest trading session, closing at 2814.47, which represents a decrease of 1.6% or 46.85 points since 4:00 PM Eastern Time on Tuesday. This index, which is a comprehensive measure of the cryptocurrency market, reflects the dynamics of 20 major digital assets across various platforms and regions of the world.
Summary: The downtrend is slowing down, and increased demand has emerged. Watch for a breakout at 140.93 or a loss at 134.53 for direction confirmation. $SOL
Summary: Recovery after the local bottom of 586 USDT, but selling pressure persists. Watch for a breakout above 620 or a drop below 600 for trend confirmation. #bnb $BNB
Canary Files for HBAR ETF on Nasdaq, Marking a Major Milestone for Hedera Canary, a well-known asset management firm, has officially filed for the Hedera (HBAR) exchange-traded fund (ETF) with Nasdaq, according to Intel. This marks a historic step for Hedera, as it could become one of the first blockchain networks outside of Bitcoin and Ethereum to have a spot ETF in the U.S. market. #ETF $HBAR
Summary: Price is in a downtrend but near the 0.0080 support. Wait for a reversal or breakout confirmation before entering a position. #rsr #RSR/USDT $RSR
Summary: The price is testing support at 0.4512. If demand increases, a short-term bounce is possible. Wait for confirmation of reversal or breakout of resistance. #ARB #ARB🔥🔥🔥 $ARB
Summary: The uptrend is maintained, but the price is testing the resistance level of 1.192. Wait for a breakout or correction before entering a position. #op走势 $OP
Summary: Upward trend, but strong selling pressure. Better to wait for a breakout at 0.0756 or a correction to support before entering. #Velodrome $VELODROME
BNB Falls Below 650 USDT, Down 1.25% in 24 Hours 23 Feb 2025, 15:47 PM(UTC). According to Binance Market Data, BNB has fallen below 650 USDT and is currently trading at 649.400024 USDT, down 1.25% in 24 hours.#bnb #BNB金鏟子 $BNB
Binance Market Update: Cryptocurrency Market Trends | February 23, 2025 According to CoinMarketCap, the global cryptocurrency market capitalization currently stands at $3.19 trillion, up 0.53% over the past day. Bitcoin (BTC) has traded between $96,144 and $96,980 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $96,313, down 0.05%.