Memecoins may not be subject to United States securities laws, according to a 
recent statement from the Securities and Exchange Commission. On Feb. 27, the 
commission’s Division of Corporation Finance addressed a long-standing debate 
over whether cryptocurrencies—particularly memecoins—fall under federal…

SEC’s Division of Corporation Finance says memecoins are not securities

Spot Bitcoin exchange-traded funds in the United States continued their 
outflow streak on Feb. 27 as Bitcoin tumbled under $80k, driving a risk-off 
sentiment across the broader crypto market. According to data from SoSoValue, 
the 12 spot Bitcoin ETFs recorded…

Bitcoin ETFs continue to face outflows as BTC dips below $80k

Master Ventures founder Kyle Chasse says Bitcoin needs to find genuine buyers, 
not hedge funds, who “don’t care about Bitcoin” and are just chasing “low-risk 
yield.”

Bitcoin needs ‘to find real organic buyers’ to resume uptrend — VC

Bitcoin has faced a challenging market environment, with its price remaining 
below $88,000 and registering a 10.1% decline over the past two weeks. This 
significant downturn has been marked by considerable selloffs and a lack of 
upward momentum. However, amidst this bearish trend, a new development within 
the Bitcoin mining community has been highlighted by a CryptoQuant analyst. 
Related Reading: Bitcoin’s Ongoing Dip: Here’s What Analysts Are Saying Miners 
Hoard Their Bitcoin A CryptoQuant analyst known as BilalHuseynov recently 
highlighted an intriguing shift in miner behavior. According to the analyst, 
Bitcoin miners have significantly reduced their withdrawal activity. Since 
December 2024, miner reserves have remained steady, indicating that miners are 
holding onto their mined Bitcoin rather than selling it off. This shift comes 
after a period of increased selling when prices were higher. BilalHuseynov 
explained: The Miner Reserve is not changing nominally from December 2024. As 
soon as the Bitcoin price increased, miners sold significantly. That was 
obvious! But since last December, after Bitcoin hit its ATL according to 
Bitcoin Miner Withdrawing Addresses, we can see that the withdrawal 
transactions have been stopped and even decreased. This strategy appears to 
align with a broader market downturn, where miners opt to accumulate Bitcoin 
during low-price periods rather than cashing out. “Miner Reserves are not 
affected significantly. It seems they are gathering their Bitcoin. In general, 
that is happening in the downtrends of the crypto market,” the analyst added. 
Overall, the data from BilalHuseynov suggests that miners may be positioning 
themselves for a potential recovery. By holding rather than selling, they 
effectively reduce supply pressure, which could help stabilize prices in the 
longer term. Institutions Step In In a related development, another 
CryptoQuant analyst known as Amr Taha reported significant outflows from 
Coinbase Advanced over the past two days. These large outflows—interpreted as 
aggressive accumulation—may signal growing interest from institutional 
investors. With Coinbase serving as a key platform for US-based institutions, 
the sizable withdrawals could indicate long-term holding strategies rather 
than short-term speculative moves. Related Reading: Market Signals Point To 
Caution: Bitcoin’s 3-Day Chart Shows Potential Sell Alert Additionally, Taha 
noted that these movements might be tied to Bitcoin ETF activity, reflecting 
increased underlying demand and reinforcing a potential &#8220;supply squeeze&#8221; 
narrative. The analyst wrote: These large outflows typically suggest 
accumulation by institutions or large investors, potentially signaling bullish 
sentiment. If this aligns with increased spot demand or ETF inflows, it could 
reinforce a supply squeeze narrative. Meanwhile, Bitcoin is still in bearish 
territory, with its current price sitting below $86,000. At the time of 
writing, Bitcoin trades at $85,365, marking a 1.4% decrease in the past day 
and a roughly 11.8% plunge in the past week. Featured image created with 
DALL-E, Chart from TradingView

Bitcoin Miners Are Hoarding Their Crypto Despite Plunge—Here’s What It Means

Chinese e-commerce giant Alibaba reported that it was ready to invest $53 
billion in artificial intelligence (AI) and cloud computing initiatives in the 
next three years. The commitment is part of a gradual push of the company to 
these technologies, allowing it to increase its growth. According to Alibaba 
CEO Eddie Wu, AI has the […]

Cryptocurrency price in USD