Day: February 11, 2026

UK’s FCA sues Justin Sun–linked HTX over illegal crypto promotions

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The UK Financial Conduct Authority has filed a lawsuit against HTX (formerly Huobi) for illegally promoting crypto products to UK consumers, marking its first enforcement action under the country’s crypto promotions regime introduced in October 2023. HTX, publicly linked to crypto entrepreneur Justin Sun, allegedly continued advertising across social platforms including TikTok, X, YouTube, and Facebook despite prior FCA warnings. The regulator cited the firm’s lack of engagement and opaque ownership structure as further concerns. Although HTX recently restricted new UK sign-ups, the FCA said existing users still have access…

Deel Partners with MoonPay to Launch Stablecoin Payroll in UK and EU

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Global payroll platform Deel will begin offering stablecoin salary payouts through a partnership with MoonPay, starting with workers in the UK and EU next month. The integration allows employees to receive wages directly in stablecoins to non-custodial crypto wallets, with a US rollout planned in a later phase. Deel processes $22 billion in payroll annually worldwide, to more than 150 million workers, the company said in October. It will use MoonPay to handle stablecoin conversion and onchain wallet delivery, effectively adding crypto settlement rails to its existing payroll infrastructure, according…

Here’s Why The XRP Price Has Been In A Consistent Downtrend Since 2025

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On-chain data from Glassnode has unveiled the reason why the XRP price has been in a persistent downtrend since 2025. Notably, the XRP price crashed from its high above $3 last year and has been falling ever since. While many in the crypto space believed XRP could eventually reclaim the $3 level, the cryptocurrency has continued to struggle, shedding more gains each month amid broader market weakness and a shift in sentiment.  Why The XRP Price Has Been Declining Since 2025 Glassnode has attributed XRP’s prolonged price correction since 2025…

Bybit partners with Doppler Finance to launch XRP yield products

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Bybit has teamed up with Doppler Finance to launch XRP yield products on its Earn platform. The company said the move is part of its ongoing effort to expand the utility of major digital assets through secure and user-focused solutions. “XRP has remained a core asset for our users, and expanding its utility has been an important priority,” Jerry Li, Head of Earn and Wealth Management at Bybit, stated. The collaboration addresses XRP’s inability to support native staking by offering an institutional-grade alternative, Bybit noted. Doppler Finance is expected to…

BlackRock Brings $2.1B BUIDL Fund to Uniswap

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Asset management giant BlackRock is making its first formal move into decentralized finance by bringing its tokenized US Treasury fund to Uniswap, marking a milestone moment for institutional adoption of DeFi. According to a Wednesday announcement, BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) will be listed on the Uniswap decentralized exchange, allowing institutional investors to buy and sell the tokenized security.  As part of the arrangement, BlackRock is also purchasing an undisclosed amount of Uniswap’s native governance token, UNI, the announcement said. The collaboration is being facilitated by tokenization company…

Paxos Labs and Aleo launch private stablecoin USAD on Aleo mainnet

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Paxos Labs, a blockchain infrastructure firm specializing in stablecoin issuance, has launched USAD, a privacy-preserving stablecoin on the Aleo Network’s mainnet. The dollar-pegged token operates on Aleo, a Layer 1 blockchain built on zero-knowledge cryptography that shields wallet addresses and transaction amounts from public view while preserving audit capabilities. The launch follows Circle’s January 2026 debut of USDCx, a privacy-oriented variant of its flagship USDC token, on the same network. Aleo went live in September 2024 after securing $200M in Series B funding at a $1.45B valuation, with backing from…

Jack Dorsey’s Cash App eliminates fees on large Bitcoin purchases and recurring buys

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Jack Dorsey-backed Cash App is eliminating fees on Bitcoin purchases exceeding $2,000 and all recurring buys, according to a recent announcement. The policy change, which targets both transaction fees and spreads, is part of a set of Bitcoin-focused updates aimed at making the leading digital asset more practical for everyday use, the team stated. Cash App is built for living on bitcoin. We’re making foundational changes that help make bitcoin everyday money. Starting today you will see:Zero to low fee bitcoin buys on Cash App– No fees on large bitcoin…

Bitcoin reaches highest volatility since 2022 as BTC drops to $66K

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Bitcoin fell to $66,000 on Wednesday, shedding over 3.5% in 24 hours as short-term volatility on Binance spiked to levels not seen since 2022, according to a new report from CryptoQuant. Bitcoin’s downward move came after stronger-than-expected US employment data dampened hopes for aggressive Federal Reserve rate cuts, putting pressure on speculative assets across the board. CryptoQuant’s analysis shows that the seven-day annualized volatility on Binance rose to 1.51, the highest reading in nearly three years. The firm noted that similar volatility levels were last seen during major market restructurings…

MNB Announces Stablecoin and Tokenization Pilot Programs

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Bank Negara Malaysia (BNM), the country’s central bank, said on Wednesday that its Digital Asset Innovation Hub (DAIH) is piloting three regulatory sandbox programs to research and develop stablecoins and tokenized bank deposits. BNM’s initiatives center around using ringgit stablecoins, the fiat currency of Malaysia, for cross-border settlement and developing tokenized real-world assets (RWAs), according to the announcement. The pilot also aims to test tokenized bank deposits, with all research potentially applicable to the development of a wholesale central bank digital currency (CBDC), onchain fiat currency issued and managed directly…

Bitcoin 2026 Rally To $150K Possible If These Conditions Are Met

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Bitcoin (BTC) may recover from its ongoing slump and reach $150,000 by the year’s end, according to a recent Bernstein outlook. Key takeaways: Bitcoin must hold the 200-week SMA and see new-investor flows turn positive. Sidelined capital must flow back into crypto, and the quantum threat needs to be addressed. More rate cuts from the Fed in 2026 will bring risk-on investors back to BTC. BTC/USD daily chart. Source: TradingView Bitcoin must hold above this key trend line One condition that has consistently defined Bitcoin’s transition from bear markets to…