Bitcoin News Roundup for Feb. 25, 2021

With BTC creeping back above $50K and a new look at China’s “Tether Premium,” CoinDesk’s Market Daily is back with the latest news roundup. Add Markets Daily to your Alexa Flash Briefing here. This episode is sponsored by Nexo.io. Today's stories: Bitcoin Outflows From Coinbase Suggest Institutions Are Buying the Dip Big money continues to chase bitcoin on dips, blockchain data shows.  Planning to Short Bitcoin? Better Check China’s ‘Tether Premium’ First  Bitcoin analysts say this week's quick market rebound might be due to Chinese retail buyers buying the dip, using the stablecoin tether.  Facebook Builds Out in NYC, Betting on In-Person Future (WSJ) Coinbase’s Financials Are Now Public Ahead of Stock Market Listing Federal Reserve Explains ‘Preconditions’ for a Digital Dollar Nvidia Estimates Ethereum Miners Contributed 2%-6% of Q4 Revenue Coinbase Has Held Crypto Assets Like Bitcoin on Its Balance Sheet Since 2012  Bitcoin ‘Too Volatile’ to Be Global Medium of Exchange, Says Berkshire’s Charlie Munger Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.