Day: February 27, 2026

Trump orders federal agencies to halt Anthropic use amid dispute over military AI terms

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The White House announced today it will halt all federal use of Anthropic technology, triggering a six-month transition period across government agencies. President Donald Trump directed the phase-out in a Truth Social post, accusing the AI developer of attempting to override military authority by enforcing internal usage restrictions. Trump characterized the move as a defense of executive power, asserting that private firms cannot dictate how armed forces operate. The directive follows stalled negotiations between Anthropic and the Pentagon over the military use of its Claude model. A Friday 5:01 p.m.…

Solana ETF Flow, DEX Activity, Fee Revenue Rise: Is SOL discounted?

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Solana’s SOL (SOL) is down 72% from its all-time high of $295 and well below the $188 level seen during its spot exchange-traded funds (ETFs) launch in October 2025. Since early December 2025, spot SOL ETF inflows have slowed while the price retraced sharply over four months.  At the same time, Solana’s onchain volumes and revenue metrics continue to rank higher against competitors, raising questions on whether SOL’s longer-term price prospects tilt toward a return to its all-time high. SOL ETF resilience aligns with network use Spot SOL ETFs launched…

200-Week EMA Signals Massive Move Ahead

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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…

Will Bitcoin Boom Or Bust?

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Key takeaways: Analysts downgraded US stocks due to high valuations, a weak dollar, and policy risks despite AI-driven earnings growth. Limited S&P 500 upside may shift capital toward Bitcoin, especially if major sovereign funds announce BTC reserves. Bitcoin (BTC) price plunged below $65,500 on Friday, effectively erasing gains established on Wednesday. This correction closely tracked intraday S&P 500 movements after wholesale inflation data in the US triggered increased risk aversion. A report from the UBS investment bank downgrading US stocks to neutral likely accelerated the surge in demand for the…

Paramount to acquire Warner Bros in $110B deal after Netflix steps aside

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Paramount Skydance has agreed to acquire Warner Bros Discovery in a $110 billion deal signed Friday morning, capping a high-profile bidding battle that drew in Netflix. According to an internal townhall reviewed by Reuters, Warner Bros executives confirmed that Netflix had the legal right to match Paramount Skydance’s offer but ultimately declined. That decision cleared the way for a signed agreement with PSKY. Paramount Skydance shares surged nearly 20% on the news, while Netflix climbed 13% as investors welcomed its decision to withdraw from the takeover race. Paramount’s latest bid…

Alchemy Launches USDC Payment System for Autonomous AI Agents

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Blockchain infrastructure company Alchemy has launched a system that allows autonomous AI agents to buy compute credits and access its blockchain data services using onchain wallets and USDC on Base. According to the company’s announcement, the initial release allows AI agents to directly query blockchain networks, check nonfungible token (NFT) ownership, view wallet balances across multiple chains and access live token price data, with additional networks and services planned. If an agent exhausts its prepaid compute credits, Alchemy issues a payment request that can be automatically settled in USDC (USDC) on…

Bitcoin Treasury Pressure Mounts as Stablecoins Gain Strength

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After months of sliding digital asset prices, public companies that embraced Bitcoin (BTC) as a treasury strategy are facing renewed scrutiny. Activist investors are now challenging those balance-sheet bets, echoing broader concerns about the volatility and long-term viability of the corporate Bitcoin model. Stablecoins, meanwhile, continue to anchor the market. Circle posted a stronger-than-expected fourth quarter, even as early signs of a so-called “crypto winter” began to surface.  However, not every payments player is sharing in that momentum. PayPal’s push into digital assets, including the launch of its PayPal USD…

US DOJ Seized $580M in Crypto from ‘Chinese Transnational Criminals‘

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The seizures and freezing over three months were conducted by the District of Columbia’s Scam Center Strike Force, established by US Attorney Jeanine Pirro in November. Officials with the US Department of Justice reported “freezing, seizing, and forfeiting” more than $578 million worth of digital assets tied to criminal groups as part of a task force’s efforts targeting “Southeast Asian cryptocurrency-related fraud and scams.” In a Thursday notice, the Justice Department said the frozen and seized crypto had been “stolen by Chinese transnational criminal organizations” using websites and social media…

Magic Eden to shut down Bitcoin and EVM marketplaces, pivot to Solana and iGaming

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Magic Eden is shutting down its Bitcoin and Ethereum Virtual Machine marketplaces and discontinuing its multi chain wallet, marking a major strategic pivot away from its once dominant Ordinals business. Blockspace first reported that the company plans to wind down its EVM marketplace and Bitcoin Runes and Ordinals marketplace on March 9, followed by the Bitcoin API on March 27. The Magic Eden wallet will enter export only mode before being fully discontinued on April 1. The company will continue supporting Solana assets. The move marks a sharp shift for…

Analysts Reject Jane Street Bitcoin Manipulation, Bitcoin ETF Demand Rises

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This week, rumors of a “10 a.m. Bitcoin dump” blamed on quantitative trading company Jane Street gained traction online after it was sued by Terraform Labs’ court-appointed administrator, but market watchers said the data does not support a consistent, company-driven selloff. The accusations mounted a day after Jane Street was sued by Terraform Labs’ administrator amid allegations of insider trading that worsened the collapse of Terra’s algorithmic stablecoin ecosystem in May 2022. Elsewhere in the market, demand for spot Bitcoin exchange-traded funds returned after five consecutive weeks of net negative…