Bitcoin has spent nearly three weeks trading below the $75,000 level, with recent price action dipping toward the $64,000 range amid renewed global market volatility. Investor caution intensified after President Donald Trump approved a 15% baseline import tariff, followed by additional reciprocal tariffs on dozens of countries, including a 34% rate on China. The broader risk-off mood pushed equities lower and weighed on crypto sentiment. Historically, however, Bitcoin has often rebounded strongly after macro driven sell offs. During the March 2020 liquidity crisis, Bitcoin initially plunged but later rallied from roughly $4,400 to $42,000 as monetary conditions eased. Similar patterns…
Author: Tristan Lodenberg
Shrinking stablecoin supply is emerging as a key headwind for Bitcoin and the broader digital asset market. Data from CryptoQuant shows total stablecoin supply has fallen by $5.6 billion year-to-date, sliding from $159 billion on Jan. 1 to $153.4 billion this week. Analysts warn that stagnant or declining stablecoin issuance often reflects capital moving out of crypto rather than being redeployed within the ecosystem. Reserves on major exchanges have also thinned, pointing to reduced trading firepower. With stablecoins acting as the primary liquidity bridge between fiat and digital assets, the slowdown is limiting upside momentum for Bitcoin, which is currently…
Russian authorities have launched a criminal investigation into Pavel Durov, the co-founder and chief executive of Telegram, over allegations related to the facilitation of terrorist activities. According to state media reports, the case was initiated following materials submitted by the Federal Security Service (FSB). Kremlin spokesperson Dmitry Peskov confirmed that the investigation is based on information provided by the security agency as part of its official duties. The probe intensifies mounting pressure on the messaging platform in Russia, where authorities have recently tightened regulatory restrictions. Telegram had not publicly responded to the reported investigation at the time of writing. Dispute…
Coinbase may see its USDC related revenue increase by two to seven times if stablecoin adoption in payments accelerates, according to recent analysis from Bloomberg Intelligence. In 2025, Coinbase earned roughly $1.35 billion from stablecoins, representing about 19% of total revenue, despite reporting a net loss of $667 million in Q4. USDC alone accounted for $364 million in revenue in the fourth quarter, highlighting its role as a high-margin business line compared with trading fees. Total stablecoin transaction volumes reached a record $33 trillion in 2025, with USDC responsible for $18.3 trillion by transaction value, surpassing other major stablecoins such…
The Federal Reserve has opened a 60 day public comment period on a proposal to formally remove “reputation risk” from its bank supervision framework. The move codifies a June 2025 clarification that reputation risk would no longer factor into examination programs, aiming to ensure supervisory decisions focus on material financial risks rather than potential public perception. The policy change is intended to address concerns over “debanking,” where banks have reportedly cut off lawful customers due to their political views, religious beliefs, or participation in legally permitted industries, including crypto. Vice Chair for Supervision Michelle W. Bowman emphasized that discrimination based…
A high volume prediction market on Polymarket has attracted nearly $3 million in trading as bettors speculate on which crypto company blockchain investigator ZachXBT will accuse of insider trading in a report expected on February 26. The on chain sleuth recently signaled that a “major investigation” targeting one of the industry’s most profitable businesses would soon be released, without naming the entity involved. That brief teaser was enough to spark immediate market activity, turning the event into one of the platform’s most closely watched contracts. Meteora Leads Odds at 43% Among Crypto Platforms As of Tuesday morning in Asia, Solana…
Bitcoin extended its decline on Tuesday, slipping more than 4% in 24 hours to an intraday low near $62,700 before stabilizing around $63,100. The move reflects intensifying pressure across the market as short-term holders accelerate loss-taking activity. On chain data shows the Short-Term Holder Spent Output Profit Ratio (STH-SOPR) has fallen to 0.95, a level that signals coins are being sold at a loss. A reading below 1 typically indicates capitulation among newer market participants. Analysts note that the recent wave of selling appears concentrated among short-term holders reacting to macroeconomic uncertainty rather than long term investors distributing positions. Further…
Vitalik Buterin has sold 10,723 ETH since Feb. 2, generating approximately $21.7 million in stablecoins, according to data highlighted by blockchain analytics platforms Lookonchain and Arkham. The transactions were executed at an average price near $2,027 per Ether. In the three days leading up to Feb. 24 alone, Buterin reportedly swapped 3,765 ETH for roughly $7.08 million. The sales follow his Jan. 30 announcement that he would allocate 16,384 ETH, then valued at about $45 million, to finance open source software, hardware and biotech initiatives over the coming years. Ethereum Price Decline and Market Reaction The selling activity comes during…
Canaan has agreed to purchase a 49% stake in three operational Bitcoin mining facilities in Texas for approximately $39.75 million, marking a strategic shift toward deeper infrastructure ownership. The assets, previously held by Cipher Mining, operate under joint venture entities known as Alborz LLC, Bear LLC and Chief Mountain LLC, collectively referred to as the ABC Projects. Following the transaction, renewable energy partner WindHQ will retain a 51% controlling interest. The three sites together provide 120 megawatts of energized capacity and generate roughly 4.4 exahashes per second (EH/s) of hashrate. Deal Structure and Operational Details The acquisition was financed through…
The US Securities and Exchange Commission has appointed Taylor Lindman, formerly deputy general counsel at Chainlink Labs, as chief counsel of its Crypto Task Force. Lindman steps into the role previously held by Michael Selig, who departed the commission in December to become chair of the Commodity Futures Trading Commission. The appointment was confirmed by SEC Commissioner Hester Peirce, who leads the Crypto Task Force. As chief counsel, Lindman will serve as the senior legal advisor to the group, overseeing statutory interpretation, regulatory guidance and compliance strategy as the agency refines its approach to digital asset oversight. Legal Experience and…
