Hi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
According to CNN on the 28th (local time), US President Donald Trump stated that "the end of the Russia-Ukraine war is quite close" during a White House meeting with Ukrainian President Volodymyr Zelensky. It was previously reported that President Trump and President Zelensky were scheduled to hold a meeting at the White House today.
According to crypto-specialized media Blockworks on the 28th (local time), Blockworks co-founder Jason Yanowitz stated that "the current crypto market has not entered a bear market" and added that "there's an 80% probability that a correction is occurring during a bull market." He continued, "In 2021, Bitcoin (BTC) fell by up to 56%, Ethereum (ETH) by 61%, and Solana (SOL) by 67%," adding that "there's only a 20% chance that the halving cycle has ended."
According to cryptocurrency specialist media Cointelegraph on the 28th (local time), Julien Bittel, a macro expert at the US financial investment media Real Vision, stated through X (formerly Twitter) that "the current decline in the cryptocurrency market is a direct result of the tightening policy in the fourth quarter of last year, and it will reverse upward again by March." He continued, "When tightening policies are implemented, liquidity dries up. The market is trembling in fear of a recession also because of this liquidity drain," and explained, "Conditions are rapidly improving as the dollar index (DXY), bond yields, and oil prices have been falling recently." Furthermore, he emphasized, "Financial conditions always precede prices," adding, "The investment sentiment in the cryptocurrency market is in a state of extreme fear. You should be greedy when others are fearful."
Bitcoin (BTC) has temporarily recovered to the $84,000 level. Meanwhile, as of 00:32 on the 1st, BTC is trading at $84,096.03 on the Binance Tether (USDT) market, down 1.68% from the previous day.
According to Fox Business reporter Eleanor Terret on the 28th (local time), the U.S. Securities and Exchange Commission (SEC) virtual asset task force (TF), newly launched in January, will hold a round table on the theme of 'Spring Sprint Towards Crypto Clarity' starting March 21st (local time). The first meeting's topic is reported to be about securities-related definitions.
Bitcoin (BTC) has temporarily recovered to the $83,000 level. Meanwhile, as of 00:12 on the 1st, BTC is trading at $83,016.95 on the Binance Tether (USDT) market, down 2.67% from the previous day.
The three major U.S. stock market indices are showing an upward trend. As of 00:04 on the 1st, the Nasdaq Composite Index is trading at 18,559.38 points, down 0.08% from the previous day. The Dow Jones Index is up 0.56% at 43,482.08 points, and the S&P 500 Index is up 0.34% at 5,881.49 points.
The three major U.S. stock market indices closed with a downward trend. The Nasdaq Composite Index recorded 18,547.15 points on the 28th, down 2.77% from the previous day. The Dow Jones Index closed at 43,248.78 points, down 0.42%, and the S&P500 Index finished trading at 5,864.73 points, down 1.54%.
Bitcoin (BTC) has temporarily given up the $83,000 level. Meanwhile, as of 05:19 on the 28th, BTC is trading at $82,997.85 on the Binance Tether (USDT) market, up 0.33% from the previous day.
According to cryptocurrency media outlet CoinDesk on the 27th (local time), cryptocurrency exchange BitMEX, founded by Arthur Hayes, is reportedly looking for a buyer. The media outlet added, "BitMEX has been in contact with investment bank Broadhaven since the end of last year to pursue a sale."
Bitcoin (BTC) has temporarily given up the $85,000 level. Meanwhile, as of 02:10 on the 28th, BTC is trading at $84,468.87 on the Binance Tether (USDT) market, down 3.10% compared to the previous day.
According to cryptocurrency media Solid Intel (@solidintel_x) on the 27th (local time), the U.S. Securities and Exchange Commission (SEC) has withdrawn its lawsuit against Consensys, an Ethereum (ETH) infrastructure development company. 
According to cryptocurrency media Cointelegraph on the 27th (local time), Bohdan Opryshko, Chief Investment Officer (CIO) of staking service provider Everstake, analyzed that "after the Bybit hacking incident, the exodus of staking users from centralized exchanges (CEX) could accelerate." ETH staked on CEXs has decreased by about 7% over the past 6 months. Immediately after the Bybit hack, it decreased by 0.5%.
According to cryptocurrency media Bitcoin Magazine on the 27th (local time), Anthony Scaramucci, founder of the US hedge fund SkyBridge Capital, predicted during a live podcast that Bitcoin (BTC) would reach $180,000 by the end of the year. Meanwhile, as of 02:02 on the 28th, BTC is trading at $84,470.20 on the Binance Tether (USDT) market, down 2.85% from the previous day.
Julio Moreno, Senior Analyst at CryptoQuant, analyzed on the 27th (local time) via X (formerly Twitter), "Is Bitcoin (BTC) selling pressure being exhausted? Currently, traders are experiencing an average of 12% unrealized losses, which is similar to when local bottoms formed during this bull market." However, he added that "prices may move within a range for 3-4 months." Meanwhile, BTC is trading at $85,637.87 on Binance's Tether (USDT) market as of 00:59 on the 28th, down 2.05% from the previous day.
Michael Saylor, founder of Strategy (formerly MicroStrategy), announced on the 27th (local time) via X (formerly Twitter) that "On the 25th (local time), I met with the U.S. House Financial Services Committee and Chairman French Hill to discuss ways to make the United States a global leader in Bitcoin (BTC) and digital assets (cryptocurrencies)."
Bitcoin (BTC) has temporarily recovered to the $86,000 level. Meanwhile, as of 00:40 on the 28th, BTC is trading at $86,064.01 on the Binance Tether (USDT) market, down 2.16% compared to the previous day.
According to Bitcoin Magazine, a cryptocurrency specialized media outlet, on the 27th (local time), the Texas Bitcoin (BTC) Strategic Reserve Bill SB21 passed the Senate Business and Commerce Committee and moved to the Senate floor for consideration. Meanwhile, as of 00:24 on the 28th, BTC is trading at $85,680.45 on the Binance Tether (USDT) market, down 2.61% compared to the previous day.
According to the virtual asset (cryptocurrency) specialized media U.Today on the 27th (local time), Cronos (CRO) supports direct transfers to Crypto.com virtual asset prepaid cards. By linking the Cronos Web3 wallet to the Crypto.com check card, users can reload their prepaid card with just one click.
The three major U.S. stock market indices are showing mixed trends. As of 00:02 on the 28th, the Nasdaq Composite Index is trading at 18,903.18 points, down 0.90% from the previous day. The Dow Jones Index is up 0.29% at 43,558.76 points, while the S&P 500 Index is recording 5,933.85 points, down 0.37%.
Bitcoin (BTC) has temporarily given up the $85,000 level. Meanwhile, as of 00:00 on the 28th, BTC is trading at $84,968.65 on the Binance Tether (USDT) market, down 3.27% from the previous day.
The three major US stock indices closed with mixed results. The NASDAQ Composite Index rose 0.26% from the previous day to close at 19,075.26 points. The Dow Jones Index fell 0.43% to 43,434.29 points, while the S&P 500 Index finished trading up 0.18% at 5,965.93 points.
Michael Saylor, founder of Strategy (formerly MicroStrategy), announced through his X (formerly Twitter) on the 26th (local time) that he "will deliver a keynote speech on how to repay national debt using Bitcoin (BTC) at the Bitcoin for America event on March 11th (local time)."
According to crypto media Crypto Briefing on the 26th (local time), Bitwise's XRP spot Exchange-Traded Fund (ETF) exchange rule change filing (19b-4) has been officially published in the Federal Register. Accordingly, the U.S. Securities and Exchange Commission (SEC) will proceed with collecting related opinions for 21 days. Currently, there are five 19b-4 filings for XRP ETFs listed in the Federal Register.
According to CoinDesk, a cryptocurrency-focused media outlet, on the 26th (local time), US Treasury Secretary Scott Bessent has nominated Tyler Williams, a legal advisor at Galaxy Digital, a digital asset financial services firm, as the Treasury's policy advisor for digital assets and blockchain technology. Tyler Williams currently serves as the head of regulatory and legislative affairs and regulatory counsel at Galaxy Digital. He previously served as Deputy Assistant Secretary at the Treasury during former Treasury Secretary Steven Mnuchin's tenure, where he was responsible for digital asset policy advisory.
Bitcoin (BTC) has temporarily given up the $84,000 level. Meanwhile, as of 04:06 on the 27th, BTC is trading at $83,867.42 on the Binance USDT market, down 3.85% from the previous day.
Bitcoin (BTC) has temporarily relinquished the $85,000 level. Meanwhile, as of 03:47 on the 27th, BTC is trading at $84,839.05 on the Binance USDT market, down 2.83% from the previous day.
According to cryptocurrency media outlet Solid Intel (@solidintel_x) on the 26th (local time), U.S. President Donald Trump announced that he will impose a 25% tariff on European Union (EU) products.
Binance co-founder Changpeng Zhao reported on the 26th (local time) through X (formerly Twitter) that "a long-term Binance Coin (BNB) supporter's X account is suspected of being hacked." He added, "While new meme coins are being promoted from this account, this individual has no association with Binance or YZi Labs (formerly Binance Labs)," emphasizing that "YZi Labs employees do not promote any coins personally, and violation results in immediate termination. Stay SAFU (Secure Asset Fund for Users)."
According to Coindesk, a specialized virtual asset (cryptocurrency) media outlet, on the 26th (local time), the UK government has proposed the 'Crime and Policing Bill' to recover proceeds from virtual asset-related crimes. The bill includes criteria for valuing non-sellable virtual assets, court procedures and conditions for fund recovery, and expanded seizure order authority for the Crown Court.