As February began, crypto investors found themselves inside a turbulent market after the digital asset space went crashing down, leading to more than $2 billion in crypto liquidations and Bitcoin price plunged near the $90,000 mark.
As the first month of 2025 comes to an end, Bitcoin (BTC) continues moving within its post-US election price range but nears two historical closing candles. Some analysts weighed in on the market’s state, suggesting that it could be satisfied with good news for the time being.
Spanish authorities, in collaboration with the T3 Financial Crime Unit, have frozen $26.4 million in cryptocurrency tied to a European money laundering network.
Texas is positioned as a pioneer in incorporating cryptocurrency into its financial strategy after Lieutenant Governor Dan Patrick announced intentions to create a Texas Bitcoin Reserve. The plan is expected to be a top legislative priority in the 2025 session, further solidifying Texas’ standing as a blockchain-friendly state.
Elon Musk’s microblogging platform X has entered into a partnership with credit card giant Visa to power its soon-to-be-launched digital wallet and app.