Crypto Market Trends and Price Analysis

Digital asset investment products experienced significant outflows, totaling $288 million, driven mainly by Bitcoin's $215 million withdrawals and cautious investor sentiment, especially in the US, while European markets exhibited more resilience.

Kalshi has removed all badges associated with its accounts in response to new X platform regulations, aiming to strengthen oversight of gambling content. The X product manager warned that failure to disclose partnerships could result in account bans to maintain user trust.

An executive at the National Bank of the United Arab Emirates stated that the bank is considering incorporating Bitcoin into its investment process, viewing it as a store of value and "digital gold." They believe Bitcoin's current valuation is more attractive and predict its fair price will approach $100,000. However, due to its high volatility, the allocation will remain limited to pursue portfolio diversification.

F2Pool Co-founder Wang Chun pointed out that the cryptocurrency market is cyclical and warned investors not to panic over short-term fluctuations. He emphasized that Bitcoin's mining mechanism is crucial, with miners playing a central role in network governance and security, and mentioned the key role miners have played in past controversies.

SUI has declined by 3%, with bearish sentiment growing as long liquidations outpace shorts. Technical analysis indicates a potential drop to $0.70, as traders favor short positions amid weak retail demand. Stability requires closing above $0.88.

BlockBeats News, February 24 — Crypto analyst Ted Pillows posted on social media that "Filecoin generated only $4 in revenue yesterday, while its fully diluted valuation (FDV) is as high as $1.716 billion. The FIL token has fallen 99.8% from its all-time high, which means that if you had invested $10,000 at that time, you would now have only about $20."

The essay examines Shiba Inu's market dynamics, emphasizing that its market capitalization of $3.6 billion is more meaningful than its low token price. Analysts argue that focusing on unit price misrepresents the asset's potential, as significant increases would require unrealistic valuations. As the market evolves, SHIB's sustainable growth hinges on fundamentals rather than hype.

Foresight News Report: On Polymarket, the probability that Flying Tulip's FDV exceeds $1 billion on its first day of launch has dropped to 37%, the probability of exceeding $1.5 billion is 7%, and the probability of exceeding $800 million is 98%. Currently, the trading volume on this prediction market exceeds $2.95 million.

Strategy completed its 100th Bitcoin purchase and now holds 717,722 BTC across six years. The company funded the 592 BTC buy through share sales instead of debt financing. Several smaller public firms reduced Bitcoin holdings while Strategy expanded its position. Strategy completed its 1

Gate News bot message: According to the latest Gate TradFi data, HD has risen by 4% in the short term, and the current volatility is significantly higher than the recent average level, indicating increased market activity.

The US Dollar strengthened, reaching 97.810 on the index, while cryptocurrencies fell by 3.06% in market cap, and gold dropped over 1%. Uncertainty in macroeconomic conditions and geopolitical tensions are influencing these trends.

In the past 24 hours, the cryptocurrency market has liquidated approximately $293.55 million, with Bitcoin and Ethereum accounting for 82.5%. Long positions dominated the liquidations, with most coins showing failed bets on upward movement, while PIPPIN tokens experienced large-scale short liquidations. The current market should be cautious of leverage risks.

Dogecoin remains above $0.10 amidst increased demand in the meme token sector. A cup-and-handle formation hints at potential breakout above $0.12, supported by rising whale activity and positive market sentiment, with analysts eyeing $0.20 as a target.

Prominent investor Fred Krueger predicts a bullish outlook for Bitcoin in 2026, echoing fellow trader Willy Woo's sentiment that bear markets strengthen BTC. Meanwhile, Michael Saylor's strategy faces significant losses but continues to accumulate Bitcoin, highlighting contrasting approaches in the current volatile market.