BTC drops below 63,000 USDT

Satlantis Brings Native BTC Payments to Live Events

Satlantis has launched a ticketing platform enabling BTC payments through the Lightning Network, enhancing everyday Bitcoin utility while allowing fiat transactions. This system reduces fees, speeds up transactions, and attracts crypto users, paving the way for broader real-world Bitcoin adoption.

Bitcoin Treasury Company Empery Digital shareholders publicly demand the CEO's resignation and the liquidation of all BTC

Empery Digital's major shareholder Tice P. Brown rejected the management's share buyback proposal, accusing it of being aimed at consolidating the CEO's position rather than protecting shareholders' interests. He demanded that CEO Ryan Lane resign and sell the company's Bitcoin assets to return funds to shareholders. The company currently holds approximately 4,081 Bitcoins, valued at about $258 million.

On-chain NASDAQ 100 largest long positions wrong on three markets: going long NASDAQ and BTC while shorting silver, with unrealized losses approaching $10 million

On February 24th, on-chain whale (0x8af) held positions in US stocks, the crypto market, and precious metals simultaneously, going long on the Nasdaq 100 with $20 million, going long on BTC, and short on silver. Due to market corrections, this address experienced unrealized losses, mainly from a 40x leveraged BTC long position, with losses reaching $13.8 million. Despite the risks, the whale's overall profit remains at $51 million.

Bitcoin drops below $63,000, triggering extreme panic; key support levels face testing

February 24 News, Bitcoin continues to be under pressure amid market "extreme panic" sentiment, with the price once dropping to around $62,700. It then rebounded slightly above $63,000, with a 24-hour decline of over 3%. The overall crypto market also weakened, with the total market capitalization of digital assets falling back to approximately $2.25 trillion. Meanwhile, mainstream assets such as Ethereum, XRP, and Solana have all experienced varying degrees of correction, indicating a significant cooling of risk appetite. Presto Research analyst Min Jung pointed out that this recent drop below $63,000 for Bitcoin reflects more of a deterioration in market sentiment rather than a single fundamental change. Macroeconomic uncertainties regarding tariffs and rising geopolitical risks have led funds to shift toward safe-haven assets, weakening short-term demand elasticity for crypto assets. The Fear and Greed Index has fallen to 5, in the extreme pessimistic range in history, indicating that market sentiment is approaching a temporary bottom.