EddieJayonCrypto

 28 Feb 25

tl;dr

• Bitcoin to $200K Despite Market Turmoil: Former Goldman Sachs analyst Murad Mahmudov predicts Bitcoin will surpass $200K, despite dropping to $82,726 amid ETF outflows and economic uncertainty.• Texas Senate Approves State Bitcoin Reserve Bill: Texas advances legislation allowing the state to hold...

• Bitcoin to $200K Despite Market Turmoil: Former Goldman Sachs analyst Murad Mahmudov predicts Bitcoin will surpass $200K, despite dropping to $82,726 amid ETF outflows and economic uncertainty.
• Texas Senate Approves State Bitcoin Reserve Bill: Texas advances legislation allowing the state to hold and manage Bitcoin to hedge against inflation, joining over 20 states considering similar measures.
• Economist Sees Bitcoin Supercycle Amid Uncertainty: Alex Krüger suggests Bitcoin could drop further before rebounding but warns Trump’s trade policies could impact market stability.
• Japan Proposes Reclassifying Digital Assets as Financial Products: Japan plans to regulate crypto under the Financial Instruments and Exchange Act to combat fraud and improve transparency.
• Ghana’s eCedi CBDC Prioritizes Offline Access: Ghana’s central bank, in partnership with Giesecke+Devrient, develops eCedi to reach unbanked populations, while BIS suggests CBDCs could replace stablecoins.
• $600 Billion Crypto Sell-Off Due to Trade Tensions: Crypto market cap drops 18% to $2.75T as Trump’s trade tariffs trigger mass sell-offs, with Bitcoin falling below $80K.
• India and UK Strengthen Tech Ties in AI, Telecom, and Space: The two nations enhance cooperation in AI, semiconductors, and quantum communication, with plans for a trade deal and space collaboration.
• MetaMask Announces 2025 Roadmap for Web3 Expansion: MetaMask unveils plans for multichain support, wallet security improvements, and direct crypto spending after SEC drops its lawsuit.
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