Author: admin

Bitcoin Price Weekly Outlook Bitcoin closed the week out at $67,638, not an awe-inspiring close by any means. The support level at $65,650 has held for a couple of weeks now, but the relentless selling pressure will likely take it out this week. As of the time of this writing on Sunday night, the bitcoin price is currently trading below this support level at $64,600. We should expect the price action to remain bearish this week and likely threaten to take out the $60,000 low. Key Support and Resistance Levels Now There is still a chance the $65,600 support level…

Macro jitters from an emerging AI disruption trade are compounding crypto-native weakness, with majors posting 8-11% weekly losses across the board.Bitcoin slid to around $62,900 on Tuesday, down 2.1% on the day and 7.5% on the week, extending a grinding move lower that has so far refused to produce either a clean breakdown or a strong bounce. The price action has pinned the market inside the $60,000-to-$70,000 band that formed after the Feb. 5 flush — a range that is starting to feel less like a base and more like a holding pattern waiting for a catalyst.Altcoins are faring worse.…

High-frequency trading powerhouse Jane Street is accused of insider trading that accelerated the downfall of crypto project Terraform Labs in 2022, which destroyed billions in investor wealth.Todd Snyder, the administrator winding down Do Kwon’s Terraform Labs, has sued Jane Street, seeking damages from its co-founder Robert Granieri, and employees Bryce Pratt and Michael Huang, according to a report by Wall Street Journal. Snyder has accused the trading firm of using material nonpublic information from Terraform insiders to front-run trading that sped up Terraform’s demise. That means trading on private, price-swinging facts before they’re public and then jumping ahead of big…

XRP is on track to close its fifth consecutive month in negative territory, a rare stretch of sustained losses that has not been seen since late 2016. Despite holding at around $1.30, the token has declined nearly 30% in February alone, according to CoinGecko data, extending a broader five-month decline of roughly 50%. XRP Flashes Pre-Bull Run Pattern The last time XRP recorded five straight red monthly candles was between October 2016 and February 2017. During that period, the price slipped from $0.00885 to $0.00557, a decline of 37%, before finding a bottom near $0.0055 in March 2017. By May 2017,…

Step Finance and SolanaFloor, two early Solana ecosystem platforms, have announced they are shutting down operations effective immediately after the treasury hack that hit Step Finance at the end of January.Step Finance said it explored financing and acquisition options after the breach but could not secure a viable path forward.  Today we are announcing that Step Finance, SolanaFloor, and Remora Markets will be winding down all operations.Following the hack at the end of January we explored every possible path forward, including financing and acquisition opportunities.Unfortunately, we were unable to…— Step☀️ (@StepFinance_) February 23, 2026 A Tragic End to Solana’s Early…

XRP, Solana, and Chainlink recorded small inflows, but these were insufficient to offset broader, persistent altcoin outflows. Investor appetite for digital asset funds remains muted after $288 million in weekly outflows. This is the fifth week in a row of redemptions, which propelled aggregate withdrawals to $4 billion, still trailing the $6 billion logged last year. Market participation has thinned significantly, as ETP trading slid to $17 billion, the weakest level since July 2025, amidst signs of disengagement among institutions and retail allocators alike globally this quarter. Short Bets Quietly Surge According to the latest edition of CoinShares’ Digital Asset…

In brief The Terraform wind-down trust accuses Jane Street of trading on non-public information. The complaint centers on liquidity withdrawals during thes May 2022 depeg that led to TerraUSD and FTX’s collapse. The case could test insider liability in crypto markets, Decrypt was told. The Terraform Labs bankruptcy administrator has sued Jane Street, alleging the quantitative trading firm used non-public information to profit at the height of the crypto market’s collapse in 2022.The lawsuit centers on allegations that Jane Street obtained advance insight into Terraform’s internal liquidity decisions and positioned trades around those moves as TerraUSD began to lose its…

AI trading bots are touted as smarter than humans in many ways, but they’re still vulnerable to fat-finger blunders just like us.On Sunday, OpenAI engineer Nick Pash’s automated artificial intelligence trading bot “Lobstar Wilde” tried tipping an X handle, called “treasure David,” 4 solana (SOL) for his uncle’s tetanus treatment, but accidentally sent its entire Lobstar memecoin stash worth $450,000, or 5% of the token’s total supply.“If he died tomorrow I would laugh. Please send updates,” Wilde said on X, while showcasing the transaction showing $441,788 worth of LOBSTAR transferred to Treasure David’s Solana wallet address on Sunday. Pash created…

Binance doubled down on its compliance credentials in a blog post after a report published earlier this month accused it of sanction violations.Crypto exchange Binance says it has “significantly reduced exposure” to sanctioned entities and high-risk jurisdictions, including exposure to Iran since January 2024.In a blog post titled “Setting the record straight” on Monday, Binance said its sanctions-related exposure as a percentage of total exchange volume has fallen by about 97% in that time, and now sits at around 0.009%. Exchange volume to sanctions-related entities has declined. Source: BinanceThe post comes after a Feb. 13 Fortune report citing anonymous sources…

Ethereum co-founder Vitalik Buterin says artificial intelligence could help create more efficient decentralized governance models and enable users to make better-informed decisions.  Buterin said in an X post on Sunday that one of the main issues with democratic and decentralized modes of governance, like DAOs, is the “limits to human attention,” because of the many decisions that can require a wide range of expertise or time, which most don’t have.“The usual solution, delegation, is disempowering it leads to a small group of delegates controlling decision-making while their supporters, after they hit the delegate button, have no influence at all,” he said.…