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Crypto market sentiment has fallen to extreme lows and could lead to a “durable bottom” that exhausts selling pressure, according to analysts at crypto financial services firm Matrixport. “Sentiment has fallen to extremely depressed levels, reflecting broad pessimism across the market,” said Matrixport in a note on Tuesday. Matrixport’s own Bitcoin (BTC) “fear and greed index” suggests that “durable bottoms” form when the 21-day moving average drops below zero and reverses higher, which is currently the case.“This transition signals that selling pressure is becoming exhausted and that market conditions are beginning to stabilize.” However, Matrixport cautioned that prices could still fall further in…
Investors are most bearish on the dollar in over a decade, per Bank of America’s (BofA) latest survey and that extreme bet could breed bitcoin BTC$68,266.99 volatility, just not the way crypto bulls have become used to. BofA’s February survey shows investor positioning in the U.S. dollar has fallen to its most negative (bearish) level since at least early 2012, with net exposure at a record underweight. This is driven by concerns over further deterioration in the U.S. labor market, which could prompt the Federal Reserve to cut interest rates.Since its inception, bitcoin has mostly moved in the opposite direction…
The gold price recently plunged in one of the sharpest one-day declines in decades after briefly topping $5,600 per ounce. Yet, traders continue to place aggressive bets that the metal could surge to $20,000 or more.The divergence highlights a market driven by macroeconomic forces, speculation, geopolitical uncertainty, and shifting central bank behavior.Sponsored SponsoredMassive Bullish Gold Bets Despite VolatilityAccording to market commentary from traders and analysts, roughly 11,000 contracts tied to December $15,000/$20,000 gold call spreads have been accumulated. “Gold $20,000 calls surge despite record selloff. Deep out-of-the-money bullish bets on gold are building even after a historic correction… The position…
Tokyo-based Metaplanet released its fiscal year 2025 results, reporting a 738% year-over-year increase in revenue. Despite the revenue surge, Bitcoin’s drawdown weighed heavily on the firm, as a non-cash valuation loss of 102.2 billion yen ($667.52 million) pushed the company into a net loss for the year.Sponsored SponsoredMetaplanet’s FY2025 earnings report revealed revenue climbed to 8.9 billion yen ($58.12 million), up from 1.06 billion yen ($6.92 million) a year earlier. The company’s Bitcoin income business generated roughly 95% of total revenue. “We launched the Bitcoin Income business in Q4 2024. Since then, this strategy has become our primary revenue source and…
Solana failed to stay above $90 and corrected gains. SOL price is still above $85 and might attempt another increase in the near term. SOL price started a downside correction below $90 against the US Dollar. The price is now trading above $85 and the 100-hourly simple moving average. There is a rising channel forming with resistance at $88 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $85 zone. Solana Price Starts Downside Correction Solana price failed to surpass $92 and started a downside correction, like…
HONG KONG — Oleg Ogienko, A7A5’s director for Regulatory and Overseas Affairs, is looking to debate anyone who accuses him of breaking any compliance laws through his stablecoin company.Speaking to CoinDesk during Consensus Hong Kong, the public face of the Ruble-denominated stablecoin issuer A7A5 — which grew faster last year than USDT or USDC — stressed that, like any stablecoin issuer, compliance with the laws of where it is incorporated is key (in this case, Kyrgyzstan), and criminals are not welcome on the platform.“We are fully compliant with the regulations of Kyrgyzstan. We do not do illegal things,” he said,…
Apollo Global Management (APO) is moving deeper into crypto, striking a deal that could make the $938 billion asset manager a major token holder in a decentralized lending platform.The firm signed a cooperation agreement with the Morpho Association, the French non-profit organization behind the Morpho protocol, that allows Apollo and its affiliates to buy up 90 million tokens MORPHO$1,4135 tokens over the next four years. The purchases may take place through open-market buys, over-the-counter transactions and other arrangements, and are subject to ownership caps and transfer restrictions. Galaxy Digital UK acted as exclusive financial adviser to Morpho, according to the…
Binance is forcefully rejecting allegations that its internal investigators uncovered more than $1 billion in Iran-linked transactions and were subsequently dismissed.The pushback escalates tensions between the world’s largest crypto exchange and sections of the financial press.Sponsored SponsoredBinance Rejects Allegations and Defends Compliance RecordThe controversy stems from a February 13 investigative report by Fortune, which alleged that compliance investigators identified over $1 billion in transactions tied to Iranian entities between March 2024 and August 2025.The transfers reportedly involved Tether (USDT) on the Tron blockchain, an ecosystem frequently scrutinized by regulators for sanctions-related activity.According to the report, at least five members of…
Strategy founder Michael Saylor has revealed the firm plans to convert its $6 billion in bond debt into equity — a move that reduces debt on the balance sheet.“Strategy can withstand a drawdown in BTC price to $8,000 and still have sufficient assets to fully cover our debt,” stated the firm on X on Sunday, prompting Saylor’s response. The Bitcoin (BTC) treasury company currently holds $49 billion in Bitcoin reserves with a stash of 714,644 BTC. Its convertible debt is around $6 billion, so BTC would need to fall around 88% for the two to be equal, and it still has enough…
PGI’s CEO spent millions on luxury cars, homes, hotels, designer clothing, jewelry, and watches using investor funds. The US Department of Justice announced that Ramil Ventura Palafox, the CEO of Praetorian Group International (PGI), was sentenced to 20 years in prison. Prosecutors stated that Palafox operated a $200 million Bitcoin-based Ponzi scheme that defrauded more than 90,000 investors across the world. Bitcoin Fraud Case According to court documents, Palafox, the 61-year-old dual citizen of the United States and the Philippines, owned and controlled PGI and served as its chairman, chief executive officer, and chief promoter. Prosecutors said Palafox falsely claimed…

