Crypto News

- MetaMask Crypto Debit Mastercard Launches Across United States The MetaMask debit card is now available for users across the United States. Created in collaboration between Ethereum software firm Consensys and Mastercard, the card was initially rolled out in 2024 for a limited pilot in the United Kingdom and European Union, allowing users to make everyday purchases using their crypto balances. Now all U.S. users will be able to do the same. “With MetaMask Card, your assets stay in your wallet—under your control—until the exact moment you make a purchase,” MetaMask Staff Product Manager Ale Machado said. “There's no handing your funds to someone else and hoping they're there when you need them.” “For crypto-native users who already...

- Bitcoin leads the crypto rebound in the past 2 days. After dipping to $64,758, BTC ripped higher and reclaimed $68,000 in a sharp reversal that squeezed late shorts. The move pushed total crypto market cap up over 4%, catching traders who were leaning bearish off guard. As resistance levels got cleared, forced buybacks fueled the rally. But this was not just random volatility. Under the surface, data tied to major stablecoin flows and infrastructure plays hints that the bounce may have deeper structural support behind it. Key Takeaways Bitcoin Price Analysis: Is $68K the Crypto Rebound Launchpad? This crypto rebound is likely a leverage driven one. As BTC dipped toward $64,000, traders piled into shorts. When spot demand stepped...

- Jane Street Speculation Renews Scrutiny of Bitcoin ETF Market Mechanics Bitcoin’s Wednesday rally has reignited debate over the role of Wall Street market makers in spot Bitcoin exchange-traded funds after online speculation linked the price move to a lawsuit involving quantitative trading firm and liquidity provider Jane Street. Posts circulating on X claimed that Bitcoin’s roughly 10% climb over two days coincided with the disappearance of a purported intraday selling pattern, suggesting that legal action against Jane Street had altered market behavior. Analysts and ETF specialists, however, said the focus on a single firm obscures a more complex set of market mechanics underlying how spot Bitcoin ETFs operate. Bitcoin ETFs...

- Bitcoin surged sharply this week, briefly nearing $70,000 before pulling back. The move sparked debate across the market: has Bitcoin finally bottomed, or is this just another relief rally inside a broader bear phase? Multiple on-chain, derivatives, and institutional indicators show early signs of stabilization. However, key signals still point to a fragile recovery rather than a confirmed bullish reversal. Options Market Shows Fragile Conditions, Not Strong Support Bitcoin’s options positioning recently shifted into what traders call a negative gamma regime, according to Glassnode’s GEX heatmap. In simple terms, gamma measures how options market makers hedge risk. When Bitcoin sits in a negative gamma zone, dealer hedging tends...

- We have entered into the fifth month following the massive liquidation event on Oct. 10 last year, and there is no respite despite the correction today. The total crypto market capitalization has dropped from $4.3 trillion in early October to $2.4 trillion at press time. Bitcoin (BTC), which peaked above $126,000 on Oct. 6, is trading 45% lower at $69,114. Over the past few months, the industry has witnessed several companies filing for bankruptcy protection, shutting down, and laying off staff. A crypto firm even froze withdrawals earlier this month. But there wasn't anything extraordinary about the incident in an industry that saw several major firms like Celsius, Voyager Digital, BlockFi, and Genesis freezing withdrawals before...

- Key Takeaways Jane Street, one of Wall Street’s most secretive high-frequency trading firms, is in the headlines. The firm faces a fresh lawsuit tied to the 2022 collapse of Terra Luna, raising questions about the role of insider knowledge in the dramatic market crash. Meanwhile, trading data reveal a contrasting strategy unfolding in real time: Jane Street has been unloading Bitcoin at key market windows while aggressively accumulating Strategy (MSTR) shares. Analysts call the pattern unusual — if not suspicious. Dumping Bitcoin, Hoarding MSTR Jane Street’s hallmark is speed. Using automated systems, it buys and sells stocks, ETFs, and cryptocurrencies in milliseconds. In late 2025 and early 2026, the firm executed two notable...

- The Terraform Labs bankruptcy estate has sued quantitative trading giant Jane Street, alleging the firm used non-public information to profit as the TerraUSD stablecoin collapsed in May 2022, according to a docket filed yesterday with the New York Southern District Court. In a report about the lawsuit by the Wall Street Journal, Terraform Labs’ court-appointed administrator, Todd Snyder, stated that Jane Street “abused market relationships” to short the ecosystem during its death spiral, mirroring similar allegations made against Jump Trading late last year. The estate seeks to recover funds for creditors who lost billions during the $40 billion wipeout of the Terra ecosystem. Key Takeaways Estate Targets “Privileged Access” in...

- Bitcoin Heads for Worst Month Since Crypto Collapse of June 2022 Bitcoin extended its decline on Tuesday, putting the token on course for its steepest monthly drop since the industry suffered a slew of corporate collapses in 2022. The original cryptocurrency fell as much as 2.64% to $62,858, and was hovering around $63,330 in early morning in New York. It’s now down more than 19% in February, set for its worst monthly performance since June 2022. That year, the implosion of TerraUSD, a stablecoin project, triggered a daisy chain of failures that included crypto hedge fund Three Arrows Capital and BlockFi, the lender. Broad Market Impact Bitcoin is also on track for a fifth straight monthly decline, its longest losing streak since...

- Software stocks have faced notable market headwinds amid growing investor fears regarding artificial intelligence disruption. The broader equity pullback is also raising concerns for Bitcoin (BTC), which has closely tracked software stocks. Why Are Software Stocks Down? According to the Global Markets Investor, the iShares Expanded Tech-Software Sector ETF (IGV) has fallen 15% in February alone, putting it on pace for its worst monthly performance since 2008. The ETF is now testing its April 2025 lows and sits roughly 35% below its peak. Artificial intelligence sits at the center of the recent drawdown, with investors selling shares of companies perceived as vulnerable to disruption by advancing AI tools. Two major developments...

- Bitcoin’s recovery during a period of extreme market fear could carry significant meaning for investors who hesitate to reallocate capital. However, by the final week of February, Bitcoin’s price had not shown clear positive signals. Some historical data suggests how long negative sentiment may persist. The Next Six Months Could Test Investor Patience According to Glassnode, the Realized Profit/Loss Ratio (90D-SMA) provides an important signal for assessing market conditions. Realized Profit represents the total USD value of all coins moved on-chain at a price higher than their acquisition cost. Realized Loss represents the total USD value of all coins moved at a price lower than their acquisition cost. Glassnode applies a 90-day...

- Bitcoin to $50,000? Strategy buys top crypto despite ghoulish price forecast as Citrini AI report rattles markets Strategy has purchased another $40 million of Bitcoin, the firm announced Monday. It now holds $55 billion of the top crypto at an average cost of $76,020 per coin and, with Bitcoin’s current price of $63,000, Strategy sits on nearly $10 billion in unrealized losses. But despite the precarious position, Strategy’s executive chairman Michael Saylor brushed off concerns during an interview with crypto podcaster Natalie Brunell on Monday. “You can think of us as dollar cost averaging,” Saylor said. The digital asset treasury firm’s buying spree comes as Bitcoin’s price has been hammered by geopolitical turbulence, fears...

- Upbit, South Korea’s largest cryptocurrency exchange, has announced the listing of two new altcoins. The platform confirmed it will add spot trading support for Seeker (SKR) and Espresso (ESP). In addition, Bithumb will also list ESP today. Following the listing announcements, both tokens recorded strong gains, with prices surging by double digits as trading interest accelerated. Upbit and Bithumb Expand Offerings With New Token Listings According to Upbit’s notice, SKR will be available to trade against three pairs: Korean Won (KRW), Bitcoin (BTC), and Tether (USDT). The exchange will open spot trading at 16:00 Korean Standard Time (KST) on February 24 and enable deposits and withdrawals within 90 minutes of the announcement. In...

- Bitcoin Loses $63,000 As Miner Capitulation Extends, Yet Expert Sees Hope at $60,000 Bitcoin has slipped below the $63,000 level, extending its monthly decline to nearly 30%. The drop reflects more than short-term volatility. It shows deeper structural weakness building across the network and institutional flows. This weakness is appearing even as Bitcoin enters its longest miner capitulation phase, year-on-year. At the same time, institutional demand through ETFs continues to deteriorate. Together, these forces are now pushing Bitcoin toward one of its most important support zones this cycle. Bearish Pattern And Miner Income Collapse Explain Weakness Bitcoin’s price structure has started to break down on the 8-hour chart. A...

- Michael Saylor Doesn’t See Quantum Computing as Bitcoin’s Top Security Threat Yet Strategy (formerly MicroStrategy) co-founder and executive chairman Michael Saylor said he does not believe quantum computing represents Bitcoin’s (BTC) greatest security threat at the moment. This statement comes as the quantum computing narrative continues to be a focus of debate among crypto circles. Some argue that it has already started to impact Bitcoin’s valuation and institutional exposure. Michael Saylor Dismisses Quantum Threat to Bitcoin During an appearance on Natalie Brunell’s Coin Stories podcast, Saylor weighed in on growing concerns over quantum computing. He said the broader cybersecurity community generally agrees that any...

- Crypto.com has secured conditional approval from the Office of the Comptroller of the Currency (OCC) to charter a national trust bank. With this move, the cryptocurrency exchange and financial services platform joins a growing list of digital asset firms that received similar approvals last year. Crypto.com Secures Conditional OCC Approval for National Trust Bank Charter Crypto.com applied for a national trust bank charter in October 2025. The OCC granted conditional approval in February 2026, marking a significant milestone for the company. It's worth noting that conditional approval represents a preliminary stage in the chartering process. The applicant must satisfy the OCC’s regulatory and operational requirements before...

- Terraform Estate Sues Jane Street Over Trades Tied to 2022 Crypto Market Collapse: WSJ The Terraform Labs bankruptcy administrator has sued Jane Street, alleging the quantitative trading firm used non-public information to profit at the height of the crypto market’s collapse in 2022. The lawsuit centers on allegations that Jane Street obtained advance insight into Terraform’s internal liquidity decisions and positioned trades around those moves as TerraUSD began to lose its dollar peg, according to a report from The Wall Street Journal. “Jane Street abused market relationships to rig the market in its favor during one of the most consequential events in crypto history,” Terraform Labs court-appointed plan administrator Todd Snyder...

- Bitcoin's Slide to $64,000 Is a 'Macro Shock,' Not a Market Breakdown Bitcoin's drop to $64,000 is the result of compounding macro shocks landing on a market carrying significant leverage—not a structural breakdown of the cycle, according to analysts. The leading crypto slipped to $63,822 on Tuesday, extending weekly losses to 6.4%. It now trades roughly 50% below its $126,080 all-time high set five months ago, as digital asset investment products log their fifth consecutive week of outflows. The selloff tests whether Bitcoin's four-year cycle remains intact or if shifting macro conditions have permanently altered its trajectory, with experts pointing to trade policy, rates, and leverage as culprits, not broken fundamentals...

- Abundant Mines CEO says Bitcoin mining now offers 100% first-year tax write-off As tax season approaches, Bitcoin mining is drawing renewed attention for reasons that have little to do with hash rate or price forecasts. Changes to U.S. tax law have turned mining equipment into one of the most aggressive write-off strategies available to investors willing to own the hardware. During a recent interview, Beau Turner, CEO of Abundant Mines, said the shift began in mid-2025, when full bonus depreciation was restored for qualifying equipment. How Bitcoin mining equipment is classified “In July of this past year of 2025, we got the One Big Beautiful Bill passed, which brought back into effect one hundred percent bonus depreciation in...

- Bitcoin’s often-cited “Ramadan rally” setup may be fading in 2026. However, the volatility pattern many traders have watched in recent years still appears to be present. To be clear, the holiest month in Islam has nothing to do with digital assets. Crypto trades on global liquidity, macro news, positioning, and sentiment. Still, when looking at the last seven Ramadan periods (2019–2025), Bitcoin showed a surprisingly consistent shape in six of seven cases: an early sharp move, then choppy trading, then a later pullback or fade. The main exception was 2020, when a stronger macro recovery trend dominated. What the Last Seven Ramadans Showed The pattern was not “Bitcoin always goes up in Ramadan.” That is not true. Instead, the...

- Trump-backed Crypto Stablecoin Dips Following 'Attack,' Quickly Recovers BOSTON, Feb 23 (Reuters) - The Trump family-backed crypto stablecoin, USD1, briefly dipped below its $1 benchmark price on Monday, to around $0.994, but quickly recovered. A spokesman for World Liberty Financial, for which USD1 is a signature product, said its engineering and security teams had “successfully repelled a coordinated attack.” World Liberty, co-founded in 2024 by President Donald Trump, his three sons, and a group of partners, noted that the X accounts of its co-founders were accessed without authorization. It did not specify which accounts were accessed. The digital contracts and wallets behind WLFI or USD1 were not compromised. “Zero smart...