Month: February 2026

Trump’s Fed Nomination ‘Mixed’ Signal Bitcoin, US Liquidity: Economist

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US President Donald Trump has nominated former Federal Reserve governor Kevin Warsh to lead the US central bank, a move that has sent mixed signals for cryptocurrency markets and US dollar liquidity, according to market analysts. Trump nominated Bitcoin-friendly Warsh on Friday, and he is set to replace Jerome Powell when his term ends in May, assuming the Senate approves him. Warsh’s nomination could mean the Fed will continue its interest rate cut trajectory. But according to Thomas Perfumo, a global economist at cryptocurrency exchange Kraken, it also signals that…

XRP Price Risks Repeating 2022 Crash as New Buyers Face Big Losses

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XRP is below the average buy price of the past year, putting many holders in the red and increasing downside risk in the near term. XRP (XRP) mirrored a 50% crash scenario from 2022 as it underwent its sharpest weekly selloff since October 2025. Key takeaways: New XRP buyers are in the red As of Monday, XRP was trading around $1.60, down more than 20% over the past week and sitting well below the cost basis of buyers from the last 12 months. XRP realized price by age. Source: Glassnode…

Justin Sun plans to add up to $100M in Bitcoin to Tron’s holdings

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Justin Sun may acquire up to $100 million worth of Bitcoin to grow Tron’s treasury, the billionaire said in a statement to CoinDesk after revealing last week that Tron would increase its Bitcoin stash in response to Binance’s call. Binance is shifting $1 billion from its SAFU fund’s stablecoins into Bitcoin in a move that reinforces the company’s conviction that Bitcoin is the cornerstone of the crypto market. Data tracked by Lookonchain shows that Binance already acquired over $100 million in Bitcoin today. Binance SAFU Fund just bought 1,315 $BTC($100.7M).https://t.co/WwuOOWlMjj…

Strategy Buys 855 BTC As Price Briefly Falls Below Cost Basis

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Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, disclosed fresh BTC purchases for the week as the prices briefly dropped below $75,000. Strategy acquired 855 Bitcoin (BTC) for $75.3 million last week, according to a US Securities and Exchange Commission filing on Monday. The acquisitions were made at an average price of $87,974 per BTC, with Bitcoin starting the week above $87,700 and reaching $90,000 before briefly plummeting below $75,000 on Sunday, according to CoinGecko. Source: SEC The purchase brought Strategy’s total Bitcoin holdings to 713,502 BTC, purchased for…

South Korea’s FSS Details AI Upgrades for Crypto Abuse Detection

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South Korea’s financial watchdog has expanded the use of artificial intelligence to monitor digital asset markets, signaling a shift toward automated, data-driven enforcement as trading activity grows more complex.  On Monday, the country’s Financial Supervisory Service (FSS) said it has upgraded its Virtual Assets Intelligence System for Trading Analysis (VISTA), a model used to investigate unfair crypto trading. An automated detection algorithm has been added, the FSS said, which can spot potential price-manipulation periods without manual intervention. From manual analysis to systemized oversight The FSS said the new algorithm uses…

BitMine $7B Paper Loss, Crypto Crash Pressures ETH Treasuries

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Corporate Ether treasury companies are facing significant paper losses on their holdings after the latest market correction pulled many underwater. BitMine Immersion Technologies, the largest corporate Ether (ETH) holder, is sitting on $6.95 billion in unrealized losses. Its Ether holdings were acquired at an average price of $3,883 per token, significantly higher than the current $2,240 ETH price.  SharpLink Gaming, the second-largest Ether treasury firm, is facing $1.09 billion in paper losses, after Ether’s price fell below its average cost basis of $3,609, according to the company’s dashboard. The mounting…

Elon Musk in advanced discussions to unite SpaceX and xAI

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Elon Musk is in advanced discussions over a potential merger of SpaceX and xAI, Bloomberg reported Monday, citing people close to the matter. The companies, both controlled by the world’s wealthiest man, have privately notified investors about the plan, which could be announced as soon as this week. However, sources told Bloomberg that the talks could continue or fail. The proposed combination would bring together SpaceX, currently valued at $800 billion as the world’s most valuable private company, with xAI, which reached a $230 billion valuation in November 2025. Two…

No, The UK Hasn’t Completely Flopped On Crypto

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Opinion by: Daniel Taylor, head of policy at Zumo We’re approaching five years since we first heard about the “global crypto hub UK,” and the United Kingdom has drawn its fair share of flak regarding its crypto strategy.  Amid a perpetually delayed regulatory framework, vanishing company approval rates and increasingly loud public criticism of overzealous and nannying “positive frictions,” UK consumers have been left out in the cold both in product access and product choice when compared to international counterparts. Meanwhile, those in positions of influence have repeatedly and complacently…

Binance Begins $1B SAFU BTC Conversion With First $100M Buy

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Binance has kicked off its $1 billion SAFU conversion into Bitcoin with a $100 million purchase, shifting its user protection fund out of stablecoins and into BTC. Crypto exchange Binance has bought its first 1,315 Bitcoin as part of its conversion plan for the Secure Asset Fund for Users (SAFU). The Bitcoin (BTC), worth $101 million, was bought for an average price of $77,409.89 per coin, according to data from Blockchain.com. Binance says it expects to shift the rest of SAFU’s $1B from stablecoins to Bitcoin within the next 27…

White House to meet with crypto firms and banks on stablecoin yield this afternoon

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The White House will convene a working-level meeting today at 1 PM ET between crypto firms and banks to facilitate discussions on stablecoin yields, according to journalist Eleanor Terrett. The issue has become a key flashpoint between the two industries and remains a critical hurdle to the passage of the pending crypto market structure bill. Banks are lobbying for a ban on stablecoin yields, arguing that they could trigger deposit flight from traditional accounts. Standard Chartered projects potential outflows of $500 billion from industrialized nations and $1 trillion from emerging…