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Crypto News

Bitcoin touches $70,000; Ethereum Climbs Above $2000

Bitcoin came within as much as $70,171 before pulling back to around $68,339 on Thursday. Ethereum (ETH) is seeing renewed buying interest amid its latest recovery rally, which has pushed the price back above $2000.

Hong Kong to issue first stablecoin issuer licenses next month: finance chief

Hong Kong will issue its first batch of stablecoin issuer licenses next month and introduce new legislation covering crypto asset dealers and custodians later this year, its finance chief said.

Financial Secretary Paul Chan said Wednesday in his 2026-27 budget speech that the government has already implemented a licensing regime for stablecoin issuers and that regulators will "continue facilitating licensed issuers in Hong Kong to explore different application scenarios in a compliant and risk-controlled manner."

Michael Saylor Hints at Strategy’s 100th Bitcoin Purchase Milestone

Strategy (formerly MicroStrategy) Chairman Michael Saylor has hinted on X that the firm is poised to execute its 100th Bitcoin acquisition, marking a symbolic milestone nearly six years after the company began its aggressive treasury reserve policy.

The upcoming purchase follows a persistent buying streak, with the firm accumulating assets consistently over the downturn despite trading conditions that have placed its massive position $12.4 billion underwater.

Bitcoin & Ethereum Spot ETF Flow

The overall net inflow of the US Bitcoin spot ETF on Wednesday was $209.14 million. The total net asset value of Bitcoin spot ETFs is $83.86 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 6.32%.

The Bitcoin spot ETF with the highest net inflow on February 25 was Grayscale Bitcoin Trust , with a net inflow of $102.49 million, according to SoSoValue.