Bitcoin pullback could be set up for $370k bull run price target
Bitcoin pullback could be set up for $370k bull run price targetBitcoin’s 27% slide raises prospects for rebound, aligns with historical cycle patterns.
Happy Friday!In today's CryptoSlate newsletter, we highlight key developments shaping the cryptocurrency landscape. Bitcoin’s recent 27% pullback has sparked speculation of a historic rally, with analysts eyeing a $370,000 bull run target based on past cycle patterns. In Texas, lawmakers are advancing a bill to establish a Bitcoin reserve, signaling growing state-level adoption of crypto assets. Meanwhile, Bitcoin’s steep decline is being driven by short-term holders and high-frequency traders, adding to market volatility. Lastly, the SEC has clarified that memecoins are not securities but cautions against fraud risks. Stay informed with today’s top crypto stories! LATEST SLATECAST 🎙️ AuthLN’s Mike Siers on harnessing Bitcoin’s lightning network to revolutionize cybersecurity 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $2.77 trillion, with a 24-hour volume of $184.13 billion. The price of Bitcoin is $83,614.33, and BTC market dominance is 59.9%. The price of Ethereum is $2,208.04, and ETH market dominance is 9.6%. The best-performing sector is Art, which gained 14%. The Crypto Fear & Greed Index is currently Extreme Fear (16). Bitcoin pullback could be set up for $370k bull run price target
Bitcoin’s 27% slide raises prospects for rebound, aligns with historical cycle patterns. 📰 Top News
Texas Senate Banking Committee greenlights Bitcoin reserve bill for floor votingTexas moves closer to establishing a cryptocurrency reserve, joining a growing list of states seeking to diversify financial assets. Bitcoin’s steep decline fueled by short-term holdersHigh-frequency traders and day traders rile Bitcoin market as prices plummet. SEC declares memecoins are not securities in landmark staff statementSEC's clarification links memecoins to entertainment, not securities but warns against potential fraud. 🗞️ More News
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FBI confirms North Korea-backed Lazarus hackers stole $1.5 billion from Bybit
Thursday, February 27, 2025
FBI tracks Ethereum laundering spree by North Korean hackers amid rising threat of cyber warfare in the crypto world. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Argentina’s stock market plummets amid President Javier Milei’s LIBRA memecoin scandal
Thursday, February 27, 2025
Argentina's economic landscape shaken as Milei's LIBRA endorsement turns into multi-billion dollar fiasco. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Solana falls to lowest price since November 2024 losing 43% since January
Thursday, February 27, 2025
Volatility reigns as Solana's price retreat tests its resilience against past support levels. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
XRP investors buoyed by Donald Trump’s Ripple posts and SEC’s ETF acknowledgment
Thursday, February 27, 2025
As Trump's posts stir optimism, SEC's acknowledgment of XRP ETFs heightens anticipation. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
SEC replaces Crypto Assets Unit with Cyber and Emerging Technologies Unit
Thursday, February 27, 2025
Laura D'Allaird leads the SEC's new unit to combat AI-driven fraud and bolster cybersecurity compliance. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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FBI confirms North Korea-backed Lazarus hackers stole $1.5 billion from Bybit
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Argentina’s stock market plummets amid President Javier Milei’s LIBRA memecoin scandal
Thursday, February 27, 2025
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