Day: February 24, 2026

Tether-Backed Oobit Adds Crypto-to-Bank Transfers

admin

Crypto payment provider Oobit has launched crypto-to-bank transfers that settle into bank accounts via local payment rails, expanding its app beyond in-store spending and peer-to-peer (P2P) transfers.  In an announcement shared with Cointelegraph, Oobit said users could send supported digital assets from self-custody wallets and have funds deposited into bank accounts through networks including the Single Euro Payments Area (SEPA) in Europe, the Automated Clearing House (ACH) in the United States and Mexico’s Sistema de Pagos Electrónicos Interbancarios (SPEI). Settlement currencies include US dollars, euros, Mexican pesos and Philippine pesos,…

What Past Cycles Say Happens Before the Bottom

admin

Bitcoin price dropped 25% in 2022 and 50% in 2018 after similar on-chain loss signals, a warning sign for BTC’s next move. Bitcoin (BTC) traders are selling at a loss for the first time since 2022, raising odds that the biggest cryptocurrency’s ongoing price correction may deepen in the coming weeks. Key takeaways: Bitcoin is witnessing loss-driven selling that has historically lasted six months or more. These signals surfaced during previous bear markets, preceding sharp downtrends each time. BTC capitulation may last for another six months On Monday, Bitcoin’s realized…

Ondo brings tokenized Apple, Alphabet, and Tesla to Binance

admin

Tokenized US stocks and ETFs from Ondo Finance are now live on Binance, giving hundreds of millions of users access to these assets, the companies announced Tuesday. Jeff Li, Binance’s vice president of product, said in a statement that the listing is part of Binance’s effort to diversify its financial products. “Our users now have even more convenient ways to explore and trade tokenized securities, in line with our mission to offer innovative and accessible trading opportunities,” Li stated. The largest crypto exchange by trading volume wants to make it…

Crypto Execs Push Back on Viral Claim

admin

A market analysis viewed almost 5 million times on X states that Bitcoin derivatives have turned the cryptocurrency’s 21-million-supply cap into a “theoretically infinite” one. Past Bitcoin (BTC) falls had a clear catalyst, but sharp drops in the opening months of 2026 have sparked several theories, ranging from digital asset treasuries (DATs) blowing up under pressure to a lingering hangover from October’s mass liquidation cascade. Robert Kendall, author of “The Kendall Report,” claimed he cracked it in his viral X post. He argued that Bitcoin’s valuation logic based on fixed…

$161B WisdomTree to activate 24/7 trading and instant settlement for tokenized fund shares

admin

WisdomTree, a New York-listed asset manager overseeing approximately $161 billion in client assets, said Tuesday it will soon enable around-the-clock trading and instant settlement for its US money market fund, the WisdomTree Treasury Money Market Digital Fund (WTGXX). The fund can trade continuously against the USDC stablecoin through a dealer-principal model operated by the firm’s broker-dealer subsidiary. The SEC granted exemptive relief to multiple WisdomTree entities, while FINRA approved the broker-dealer unit to act as principal for trades. The company described the coordinated approval as the most significant structural innovation…

Solo Bitcoin Miner Hits Rare 3.125 BTC Jackpot With Rented Hashrate

admin

A solo Bitcoin miner notched a rare win by validating an entire Bitcoin block, securing a huge payday using a hobby-level mining operation using on-demand hashrate.  The miner earned the 3.125 Bitcoin (BTC) block reward, worth roughly $200,000 at current prices, after successfully mining block 938092, according to blockchain data and a post from Bitcoin mining firm Braiins. Braiins said the miner relied on on-demand hashrate, spending about 119,000 satoshis, roughly $75 at the time, to rent 1 petahash per second of computing power and paying a small solo-mining fee…

Vitalik Buterin Cuts ETH Holdings by 17K after $45M Privacy Pledge

admin

Ethereum co-founder Vitalik Buterin has reduced his Ether balance by about 17,000 ETH in one month after announcing plans to earmark $45 million worth of tokens for privacy projects. Buterin’s wallets tracked by Arkham held about 241,000 Ether (ETH) in early February, before a series of outflows reduced the combined balance to 224,000 ETH on Tuesday. The reduction comes amid continued selling by Buterin, including about 2,961 Ether worth $6.6 million over a three-day period earlier in the month. Onchain analysts reported that this accelerated recently as he sold $7…

AMD jumps as Meta signs multiyear AI infrastructure partnership

admin

Shares of AMD climbed more than 10% in premarket trading on Tuesday after the company announced a multiyear deal with Meta to advance its AI development, according to Yahoo Finance data. Under the agreement valued by analysts at approximately $100 billion, AMD will deploy up to 6GW of Instinct GPUs for AI workloads and modern AI model training and inference, as noted by the companies. In addition, AMD’s technology will be deployed in the Helios rack-scale architecture, supporting large-scale, energy-efficient AI computing. The two companies will collaborate on vertical integration…

CryptoQuant Says Bitcoin Is In A ‘Not Digital Gold’ Period

admin

Shrinking crypto market liquidity is a concerning sign for crypto asset valuations, as investors gravitate towards safe-haven assets like precious metals amid growing global trade uncertainty. The stagnating stablecoin supply is presenting a “notable headwind” for Bitcoin (BTC) and the broader crypto ecosystem, according to Matrixport. “Stablecoins serve as the primary liquidity rail within digital assets and stagnation in supply often signals that capital is being off-ramped back into fiat rather than redeployed within crypto markets,” said the digital asset platform in a Tuesday X post.  The stablecoin supply has…

Saylor’s Strategy sees over $9B loss as Bitcoin drops toward $63K

admin

Strategy, the largest corporate holder of Bitcoin, is facing unrealized losses exceeding $9 billion on its digital asset treasury as the leading crypto asset dropped below $74,000 amid a broad market selloff. The firm holds 717,722 BTC purchased for roughly $54.5 billion at an average cost of approximately $76,000 per coin. With Bitcoin trading around $63,100 in early New York hours today, the portfolio’s market value has fallen to around $45 billion. Bitcoin has declined roughly 30% so far this year and is on pace for its steepest monthly drop…