The post Crypto Crash Today – Feb 26th : Ripple News, Bitcoin Price, SBF Crypto, Trump UN Resolution appeared first on Coinpedia Fintech News
February 25, 2025 06:03:09 UTC
El Salvador Buys 7 Bitcoins
El Salvador resumed Bitcoin purchases following a rare seven-day pause from February 18 to 24, 2025—one of its longest interruptions. The country acquired an additional 7 BTC, raising its total holdings to 6,088 BTC valued at about $562.9 million. This move demonstrates continued government confidence in digital assets amid intermittent buying halts, as El Salvador diversifies its portfolio and reinforces its commitment to cryptocurrency as a strategic economic asset overall.
February 25, 2025 06:03:09 UTC
Chainflip Blocks Illicit Funds from the Bybit Hack
Chainflip has announced its decision to block the illegal movement of funds linked to the Bybit hack. The protocol team, community, liquidity providers, primary interfaces, and validator providers were consulted before this move. Most of the necessary code has been written and is undergoing testing. The upgraded version is expected to be deployed within the next 24 to 72 hours, reinforcing the platform’s commitment to secure operations for improved trust.
February 25, 2025 05:31:34 UTC
Crypto Liquidations Fuel $950M Sell-Off After Tariff Announcement
Bitcoin fell to a multi-week low, triggering $950 million in liquidations after President Trump announced a return to 25% tariffs on over $900 billion in Canadian and Mexican imports, raising inflation fears. The announcement sent Bitcoin below $95,000, Ethereum to $2,500, and dragged altcoins into losses. Meanwhile, proposals for Bitcoin reserve bills failed in Montana, North Dakota, Wyoming, and South Dakota, stalling state efforts to invest public funds in crypto.
