Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Coinbase ran a 60-second karaoke-style Super Bowl ad that rewrote Backstreet Boys lyrics with minimalist visuals. Watch-party videos showed mixed reactions — crowds singing along, then booing or going silent when Coinbase branding appeared. Coinbase framed the spot as a mainstream "singalong" to broaden crypto adoption and engaged on social media to defend the campaign. The ad renewed public discussion about Coinbase amid ongoing market weakness. Shortly after, ARK Invest sold roughly 134,472 COIN shares (~$22.1M) across its ETFs while increasing exposure to rival Bullish (about $10.7M buy). ARK’s moves continue a trend of portfolio rotation within its tech and crypto holdings and follow previous trims of Coinbase. On the day of the ad, COIN shares jumped about 13% to near $165 but remain down roughly 27% year-to-date. Market context: BTC ~ $68.6K, ETH ~ $2,010. Key upcoming catalysts include Coinbase earnings, CPI and major macro releases. For traders: the Super Bowl spot primarily affects retail sentiment rather than fundamentals — expect short-term, retail-driven volatility in COIN and sentiment-sensitive crypto tokens. Monitor COIN share flows, ARK and institutional trades, social sentiment metrics, and upcoming earnings/CPI prints for directional cues. Institutional rebalancing (ARK’s sell of COIN / buy of Bullish) may affect liquidity and market perception but does not by itself change Coinbase’s underlying business metrics.

The UK Financial Conduct Authority (FCA) has begun High Court proceedings against Panama-registered crypto exchange HTX (formerly Huobi Global) and unnamed individuals for allegedly continuing to promote crypto services to UK consumers after repeated warnings. Filed in the Chancery Division under the FCA’s Financial Promotions (FinProm) regime introduced in October 2023, the case — initiated in October 2025 with permission obtained in February 2025 to serve documents abroad — alleges HTX published prohibited promotional material on its website and social platforms including TikTok, X, Facebook, Instagram and YouTube. The FCA says illegal financial promotions to UK consumers are criminal offences; it has placed HTX on its Warning List, asked app stores to delist HTX apps in the UK, and sought blocking of UK-facing social accounts. The regulator said this is its first enforcement action under FinProm against a crypto firm for illegal marketing and warned that consumer complaints about HTX will not be covered by UK compensation schemes. Cointelegraph contacted HTX for comment and had not received a reply at publication. For traders: the action increases regulatory pressure on offshore exchanges serving UK customers, may reduce HTX access for UK users, raise withdrawal/operational risks for affected customers, and could shift UK retail flow to regulated platforms — monitor HTX liquidity, order-book depth, and any deposit/withdrawal notices for immediate trading risks.

SUBBD Token (SUBBD) combines generative AI tools and EVM-compatible Web3 payments to address inefficiencies in the $191 billion creator economy. The project offers an AI suite — personal assistants, voice cloning, influencer-generation tools, object-recognition and chatbot models — plus token-gated content, automated payments and decentralized governance. SUBBD reported roughly $1.47M raised in its presale with a presale price near $0.057495. To reduce sell pressure and incentivize retention, the protocol offers a fixed 20% APY staking reward during year one; staking also unlocks XP multipliers and platform benefits. Analysts cited argue AI’s immediate value lies in operational automation rather than market prediction; SUBBD’s combined focus on cutting payment friction (Web3 rails) and production friction (AI automation) is intended to drive creator adoption. Key risks remain execution and user onboarding — success depends on attracting and retaining creators and producing real demand — and normal presale/crypto volatility. This summary is informational and not investment advice.

Bybit EU, the MiCAR-licensed European arm of crypto exchange Bybit, has agreed a three-year title sponsorship with the Stockholm Open, renaming the tournament the Bybit Stockholm Open from 2026 through 2028. The deal aims to establish a long-term Nordic presence ahead of Bybit’s planned 2026 regional service launch, leveraging the event’s finance- and business-oriented audience for marketing and client engagement. Bybit EU will use the partnership for brand-building and premium client activation — including curated Bybit VIP access and bespoke tournament experiences — rather than announcing new products or trading services. Tournament executives and Bybit Nordics leadership emphasized restoring the event’s historic identity, providing stable support for players and spectators, and aligning the tournament’s heritage with Bybit’s strategic goals. Bybit EU highlighted its MiCAR authorization and its European services (custody, exchange, placing and transfer of crypto-assets) while clarifying it is not offering investment advice.

Ledger has integrated OKX DEX into Ledger Live to enable non-custodial, hardware‑signed token swaps directly inside the Ledger app. The integration preserves self‑custody — users sign and approve transactions on their Ledger device, preventing blind signing and keeping private keys offline. OKX DEX provides aggregated liquidity and routing across six initial chains: Ethereum (ETH), Arbitrum (ARB), Optimism (OP), Base, Polygon (MATIC) and BNB Chain (BSC). Fees include network gas plus an OKX aggregator routing fee, both shown before on‑device approval. Ledger says the feature will roll out soon as part of a broader DeFi roadmap revealed at its 2025 Op3n conference; executives quoted include Jean‑François Rochet (Ledger EVP) and Jonathan Phan (OKX DEX director of growth). Ledger reports shipping over 8 million devices and securing roughly one‑fifth of global crypto holdings. For traders, the integration blends cold‑storage security with DEX liquidity: it reduces phishing and web‑interface risks (e.g., MetaMask), simplifies in‑app swaps, and may improve pricing by tapping OKX’s aggregated liquidity. The move could shift volume toward OKX DEX via Ledger’s user base, and may prompt competitors (other aggregators and wallet makers) to pursue similar custody‑level integrations. Expect possible future expansion to more chains and deeper DeFi features (lending, vaults).

Ripple and UAE digital bank Zand have expanded a partnership to increase use of Ripple’s US dollar stablecoin RLUSD alongside Zand’s dirham-pegged AEDZ. The deal enables RLUSD support within Zand’s regulated digital-asset custody, on-chain issuance of AEDZ on the XRP Ledger, and direct liquidity solutions to facilitate multi-currency on-chain payments, settlement, liquidity management and tokenization of assets. The collaboration focuses on regulated on-chain finance use cases rather than XRP token usage directly, though traders view institutional integrations as supportive of XRP’s utility story. At publication XRP was trading near $1.41 (up ~1.3% in 24 hours). Key themes: Ripple partnership, RLUSD stablecoin, AEDZ (Zand AED), regulated custody, UAE on-chain payments and tokenization.

Ethereum co-founder Vitalik Buterin urged the community to abandon an undifferentiated “race for AGI” and instead build AI systems guided by decentralization, privacy, verification and human agency. In a February 2026 post he argued the AGI framing risks promoting larger, less safe models and laid out a four-quadrant Ethereum–AI roadmap: (1) trustless, private AI interactions — local LLM tooling, client‑side verification, zero‑knowledge payments for anonymous API calls, cryptographic privacy upgrades and TEE attestations; (2) Ethereum as an economic layer for agentic activity — on‑chain API payments, bot‑to‑bot hiring, programmable security deposits, on‑chain dispute resolution and ERC‑style reputation standards; (3) cypherpunk local assistants that audit contracts, propose transactions and operate without centralized interfaces; and (4) upgraded prediction markets, quadratic voting and governance primitives. Industry founders quoted alongside the piece generally concur that Ethereum, rollups and app‑specific L2s are appropriate rails for AI economic activity, highlighting needs for programmable deposits, usage‑based payments, identity, reputation and stake‑weighted accountability. For crypto traders, the proposal signals rising protocol‑level focus on AI use cases that could drive demand for Ethereum L2s, privacy tooling and on‑chain reputation/market primitives — potentially increasing developer activity and token utility in those areas. Primary keywords: Vitalik Buterin, Ethereum, AGI, privacy‑preserving AI. Secondary keywords: AI coordination layer, local AI, verifiable AI, crypto payments.

GoMining has launched Simple Earn, a one‑toggle BTC yield feature integrated into its mining dashboard and consumer services. Eligible balances (mining rewards and transferred assets) are routed to secure earning protocols behind the scenes; accrued returns are converted to Bitcoin every four hours and compounded back into user balances. Users retain full liquidity with no lockups and can opt in or out at any time. Yield rates vary with market conditions and scale with GoMining VIP tiers. Simple Earn is available globally except the United States while GoMining pursues U.S. compliance. The feature aims to simplify passive BTC accrual for miners and other platform users without requiring them to manage DeFi or staking, and it may modestly increase on‑platform BTC retention and reduce immediate miner sell pressure. The company did not disclose specific APYs, partner protocols, or detailed technical mechanics of the yield sources.

Vitalik Buterin criticized popular USDC-yield strategies as preserving centralized issuer and counterparty risk rather than delivering true DeFi benefits. On X, he argued that depositing fiat-backed stablecoins like USDC into lending protocols concentrates risk with the issuer (Circle) and does not shift counterparty exposure. Buterin outlined two preferred stablecoin models: (1) ETH-backed algorithmic stablecoins minted via CDPs that let users borrow against ETH, dispersing risk across market participants rather than a single issuer; and (2) real‑world‑asset (RWA) backed stablecoins that must be strictly overcollateralized and diversified so no single asset failure can break the peg. He framed these approaches as ways to improve systemic risk distribution compared with fiat-backed yield products. The discussion highlights trade-relevant points for traders: potential renewed interest in ETH-collateralized stablecoin designs and protocol-native liquidity, increased scrutiny on USDC-linked yield products, and ongoing debate over algorithmic stablecoin safety and correlated RWA risks. Keywords: USDC, ETH-backed stablecoin, algorithmic stablecoin, RWA stablecoins, DeFi risk.

US spot Bitcoin ETFs showed signs of stabilization as net inflows resumed late last week and continued into Monday, drawing about $371m on Friday and $145m on Monday while BTC traded near $70,000. These inflows have not yet offset earlier redemptions — roughly $1.9bn year-to-date — but analysts and fund data point to a meaningful slowdown in outflows: CoinShares reported crypto fund outflows narrowed to $187m, while SoSoValue noted $144.9m of ETF inflows on Feb. 9. Institutional accumulation was visible elsewhere: Binance SAFU Fund bought 4,225 BTC (~$300m), lifting its holdings to about 10,455 BTC (~$734m). Spot altcoin ETFs saw modest demand, with Ethereum and XRP products attracting roughly $57m and $6.3m respectively. Technicals cited in reports showed BTC trading around $68.8k–$69.2k with oversold RSI (~32), bearish Supertrend and key support near $68.2k and $62.9k; resistance sits near $71.9k. Market commentary from Bernstein and Bitwise framed the pullback as profit-taking rather than a loss of conviction, suggesting long-term holders remain largely committed. Key takeaways for traders: monitor daily ETF flow data and price action around the $70,000 level, watch for continued deceleration in redemptions as a potential momentum shift, and treat current selling as likely profit-taking — implying higher sensitivity to macro headlines and institutional positioning in the near term.

Mutuum Finance (MUTM), a decentralized lending protocol, remains in its Phase 7 presale at $0.04 after raising roughly $20.46 million and attracting about 19,100 holders. The project has a planned total supply of 4 billion MUTM and has sold ~17% of the 180 million allocation for this phase. V1 of the protocol is live on the Sepolia testnet, supporting ETH, USDT, WBTC and LINK with lending/borrowing, mtTokens (deposit shares), borrower debt tokens, a Stability Factor for liquidation management, and an automated liquidator — enabling live testing of core functionality. Security credentials include a Halborn audit, a 90/100 CertiK score and a $50,000 bug bounty. The team proposes revenue-driven buybacks that redistribute protocol revenue to buy MUTM and reward mtToken stakers, a mechanism designed to create buy pressure as usage grows. Presale pricing offers a 50% discount vs the planned public launch price of $0.06; some presale allocation examples in published commentary highlight potential upside at various listing scenarios. Analysts have published optimistic long-term price targets contingent on roadmap delivery and Layer‑2 integrations. Key trading considerations for traders: attractive presale discount and whale accumulation make MUTM a notable speculative entry, but risks include presale liquidity, lock-up/vesting terms, execution risk at mainnet, and overall market conditions. This article is a sponsored release and not investment advice. Primary keywords used: Mutuum Finance, MUTM, presale, DeFi lending, buyback.

Cardano (ADA) price has fallen over 10% in the past week, sliding from roughly $0.30 to lows near $0.23 and now consolidating around $0.26. ADA derivatives open interest (OI) plunged from about $1.6 billion to $334 million as large leveraged positions were closed. Crucially, exchange-level OI concentration shifted markedly: Binance’s share of ADA OI dropped from more than 80% in 2023 to roughly 22% in 2026, while Gate.io now accounts for about 31% of OI. Analyst Joao Wedson warns that this fragmentation of open interest—leverage spreading across multiple venues rather than concentrated on Binance—historically correlates with weaker altcoin rallies (Solana was cited as a precedent). Technicals remain bearish: price trading in a recent $0.25–$0.40 range, RSI near ~33 (approaching oversold), MACD below signal though histogram is narrowing, and heavy volume on the sell-off. Pseudonymous analyst ‘Crypto Patel’ outlines a conditional long-term bullish case if weekly closes hold above $0.13 and a reclaim of $0.44 occurs, targeting $1.20 to beyond $10, but near-term risk is elevated. For traders: sharply lower ADA open interest and a migration of leverage away from Binance reduce the likelihood of exchange-driven explosive rallies, increasing downside pressure until technical confirmations (RSI recovery or MACD crossover) or a restoration of concentrated OI emerge.

Pi Network (PI) remains in a sustained downtrend after intensified selling in mid-January. Aggressive sell orders and rising trading volume drove a sharp mid-January decline and continued pressure into February, suggesting possible whale exits. Price has failed to stage a meaningful relief rally since early January. Current technical levels identify immediate support at $0.13 and resistance near $0.15–$0.20, with the latest analysis focusing on $0.13 (primary) and $0.15 (near-term cap). The daily RSI has been in oversold territory (below 30) since around January 20, signaling persistent bearish momentum but leaving open the potential for a short-term bounce if buy volume returns. Traders should monitor sell volume, RSI, and the $0.13 support for signs of stabilization or a break lower; a confirmed breakdown below $0.13 could lead to further downside, while a successful hold and rising volume would be needed to validate any reversal. Keywords: Pi Network price, PI price prediction, PI support and resistance, PI oversold.

LDO (LDO/USDT) is trading in a tight, down‑biased consolidation between roughly $0.34–$0.36, with key decision points at $0.3375 (support) and $0.3609–$0.360 (resistance). Technicals across both updates show bearish momentum: price below the EMA20 (~$0.43–$0.50), Supertrend bearish, MACD negative, and RSI deeply oversold (~26–29). Reported 24h volumes vary by source (~$21–45M), but volume remains moderate. Bull case: a daily close above $0.3609 (with rising RSI, MACD moving toward zero, break above EMA20 and higher volume) opens targets near $0.4063, $0.50–$0.5303 and extended $0.5769–$0.7541. Bear case: a daily close below $0.3375/$0.3839 (source differences) would likely accelerate selling; near targets $0.2852–$0.35 and a much lower longer‑term floor noted at $0.0195–$0.1359. LDO remains highly correlated with BTC; downside risk increases if BTC falls under roughly $68k–$72.9k, while BTC reclaiming ~$71.9k–$75.6k would support LDO upside. Traders should watch daily and 4H candle closes, volume confirmation, RSI divergence, MACD crossovers and BTC direction. Emphasize strict risk management: size positions to risk/reward, use stop‑losses (short stop guidance noted around $0.4575 in one report, long stops under $0.3375 in another). This is informational, not investment advice.

The Ethereum Foundation has sponsored Security Alliance (SEAL) under a new Trillion Dollar Security initiative to fund a full‑time security engineer embedded with SEAL’s intelligence team. The engineer’s remit is to monitor drainer toolkits and attacker infrastructure, analyze phishing and social‑engineering campaigns that trick wallet users into approving malicious transactions, and help disrupt large‑scale drainer operations. SEAL — launched by researcher samczsun in 2023 — operates rapid‑response infrastructure and a real‑time dashboard tracking six security dimensions: user experience, smart contracts, infrastructure, consensus, incident response and governance. Industry intelligence cited by SEAL shows cumulative drainer‑related losses near $1 billion historically, but reported thefts fell to about $84 million in 2025 after coordinated defenses. Major wallet and tooling providers including MetaMask, Phantom, WalletConnect and Backpack have joined SEAL’s real‑time phishing defense network. The Ethereum Foundation said this sponsorship is the first of several planned partnerships to scale protections across ecosystems and invited other foundations to adopt similar models. Separately, Vitalik Buterin outlined potential AI integrations with Ethereum — using on‑device models, zero‑knowledge proofs and on‑chain agents to audit transactions, verify activity, act as trusted intermediaries for users, preserve privacy and enable economic interactions by AI agents. For traders: the moves aim to reduce social‑engineering and drainer risk, strengthen incident response, and accelerate privacy‑preserving verification and on‑chain automation. Expect a gradual decline in exploit incidents if adoption broadens, evolving threat‑defense dynamics for wallets and third‑party tooling, and longer‑term operational changes as AI verification tools and coordinated defenses mature.

DOGEBALL ($DOGEBALL) is running a paid presale promoting a custom Ethereum Layer-2 called DOGECHAIN and an associated competitive game with a $1,000,000 prize pool. The presale began in early 2026 (stage dates reported as Jan 2–May 2 in one report and February launch in another) and Stage 1 price is advertised at $0.0003 per token. The project lists a stated public launch price of $0.015, implying a 50x uplift from the Stage 1 floor. Organizers claim live testnet access and an integrated block explorer, a developed online game (top prize reportedly $500,000), a strategic collaboration with Falcon Interactive and claimed interest from major publishers such as Activision. The promotion states a 100% Coinsult security score, a 15% liquidity lock, over $90k–$95k raised so far, and a limited-time 75% presale bonus code (DB75). The coverage is a paid/advertorial piece and includes a standard non‑investment-disclaimer. For traders: the presale’s large claimed upside, bonus incentives and gaming narrative may drive retail demand and hype-driven price action at launch, but claims of partnerships and security should be independently verified; presale mechanics, token allocation and lockup details are critical risk factors.

Bitmine Immersion Technologies has expanded its Ethereum treasury to roughly 4.326 million ETH (~3.6% of circulating supply) after buying 40,000 ETH (~$83.4M) in a single day, per on-chain data flagged by Lookonchain. The single-day buys comprised two 20,000-ETH purchases from custody provider BitGo. Bitmine has staked about two-thirds of its holdings (roughly 2.9 million ETH), signalling a long-term staking-and-yield strategy tied to its Ethereum infrastructure buildout. Executive chairman Tom Lee described the accumulation as opportunistic, citing improving fundamentals and attractive staking returns despite recent market weakness. With Bitcoin and cash reserves included, Bitmine’s total crypto and cash assets are around $10 billion. On-chain metrics show the market-cap-weighted staking rate near ~2.7%; CoinGecko treasury data indicate the next-largest public corporate ETH holder controls under 1% of supply, highlighting a concentration gap. For traders: the large, concentrated corporate accumulation and heavy staking reduce immediate sell pressure and could tighten circulating supply and liquidity, but weak macro momentum and poor demand mean the purchases have not yet triggered a sustained price recovery. Key keywords: Bitmine, Ethereum, ETH buy, staking, institutional accumulation.

Bitso has integrated Ripple Payments, XRP and regulated stablecoin RLUSD to accelerate cross‑border business payments and remittances between the U.S. and Latin America. Bitso Business will use Ripple’s blockchain rails and XRP as a bridge asset for near‑real‑time settlement, reducing reliance on costly pre‑funded nostro/vostro accounts, lowering settlement costs and improving liquidity efficiency. RLUSD provides dollar‑denominated on‑chain settlement that mitigates local‑currency volatility and simplifies reconciliation for businesses and remittance recipients. Bitso will act as a regional payout partner, offering compliant, transparent stablecoin liquidity at institutional scale and positioning itself as a primary B2B payment rail across US–LATAM corridors. The move follows wider market adoption of RLUSD (including recent listings on major exchanges) and reflects growing institutional and banking interest in using the XRP Ledger for faster, lower‑cost international flows.

Bitmine Immersion Technologies bought about 40,600 ETH during a recent market sell-off, lifting total holdings to roughly 4.326 million ETH (≈3.6% of circulating supply) and placing its combined crypto, cash and strategic investments at about $10.0 billion (cash reserves ~$595 million as of Feb 8, 2026). The firm reports approximately 2.87 million ETH is staked, generating an annualized staking revenue near $202 million at a composite yield slightly above 3%. The aggressive accumulation produced large paper losses when ETH briefly fell to ~$1,700, but holdings were valued nearer $2,100–$2,125 in subsequent quotes. Bitmine named institutional backers including ARK Invest, Founders Fund, Pantera Capital and Galaxy Digital, and reaffirmed a long-term treasury strategy targeting up to 5% of ETH supply. The company also highlighted rising on-chain activity (daily transactions ~2.5M; daily active addresses ~1M) and plans to launch the MAVAN validator network to expand staking operations. For traders: the disclosure signals significant corporate demand for ETH, a sizable staking program that can lock up supply, and substantial balance-sheet exposure that may amplify volatility — all factors relevant to short-term liquidity and longer-term supply dynamics.

XRP has plunged into extreme oversold territory after a Feb. 5, 2026 crash, with the daily Relative Strength Index (RSI) falling to the mid-teens (around 17). Since Q4 2025 the token has lost roughly 50%, sliding from $2.84 in October 2025 to about $1.43. Crypto researcher Ripple Bull Winkle highlighted that prior occasions when XRP’s daily RSI moved into similarly extreme readings (below ~30 and into the mid-teens) preceded rapid recoveries: notable examples include Oct. 10, 2025 (RSI ~26.4) — ~70% rebound to $2.69 in 13 days; July 5, 2024 (RSI ~26.1) — ~65% rise in 12 days; April 13, 2024 (RSI ~28.2) — ~35% gain in nine days. Based on these historical setups, the technical projection is a probable short-term relief bounce of roughly 15–40% within about two weeks, which would target approximately $2.20–$2.50. The analysis is purely technical (daily RSI and horizontal support/resistance) and does not factor in macro drivers or fundamentals. Reactions on social media were mixed: some traders flagged that oversold conditions can persist and cautioned against assuming a guaranteed rapid recovery. This is a speculative signal, not financial advice — traders should manage risk, confirm with additional indicators (volume, intraday structure, macro flow) and size positions accordingly.

NEXO (NEXO/USDT) is trading near key support (~$0.82) inside a $0.77–$0.85 daily range after recent volatility. Price sits below the EMA20 and the Supertrend remains bearish, while technicals are mixed: RSI is neutral (~43–46), ADX is low, and MACD has shown a positive histogram with a possible signal-line crossover indicating limited short-term upside (roughly 10–15%) if momentum and volume improve. Daily volume is light (~$0.8–$0.95M). Multi-timeframe analysis identifies multiple support/resistance levels (notable supports: $0.8224, $0.7290, $0.6100; resistances: $0.8357, $0.8875, $0.9477). Correlation with Bitcoin remains strong (>0.85); recent BTC weakness toward the $68,399 support raises downside risk for NEXO — a BTC breakdown would likely accelerate selling. Scenarios: a close above immediate resistance and rising volume could target ~ $0.88–$0.95 (short-term) and higher weekly targets if broader resistances flip; failure of the $0.8224 support risks moves to $0.61 and lower (bear-case extensions near $0.38 or weekly lows). Trading guidance for crypto traders: watch daily closes, volume spikes, MACD cross, Supertrend flips and BTC levels for confirmation; set invalidation levels (tight stops below $0.8224 for longs; consider shorts if price fails EMA20/resistance), favour patient or short-biased setups until BTC momentum and volume improve. Non-investment advice.

Billionaire Ray Dalio told Tucker Carlson that central bank digital currencies (CBDCs) are likely inevitable and will concentrate government control over financial activity by removing transaction privacy and enabling tools such as direct taxation, capital controls and politically driven account freezes. Dalio expects CBDCs will probably not pay interest and warned they could weaken the dollar’s purchasing power. The report cites Atlantic Council data: Nigeria, Jamaica and the Bahamas have fully launched CBDCs; 49 countries (including China, Russia, India and Brazil) are piloting; 20 are developing; 36 researching. It also notes the Reserve Bank of India has proposed BRICS CBDC integration and cites a U.S. executive order (January 2025) banning a U.S. CBDC issuance and use, making near-term U.S. rollout unlikely. Paired market commentary examines Raydium (RAY): price near $0.61, 24h volume about $1.43M, bearish trend with RSI ~27–28 (oversold). Key technical levels: supports $0.50–$0.58, resistances $0.62–$0.79, pivot $0.6113, EMA20 ~$0.7632. Analysts suggest CBDC debate could increase interest in privacy-focused DeFi tokens like RAY. Short-term bounces are possible from nearby supports, but the overall downtrend and low-volume conditions indicate continued downside risk. This is market commentary and not investment advice.

WLD is trading near $0.398 and remains in a short-term downtrend, with price below the EMA20 (~$0.43), RSI around 40–41, Supertrend bearish and a negative MACD histogram. Two nearby decision levels define the immediate outlook: support at $0.3882 and resistance at $0.3946–$0.395. A bullish reversal requires a volume-backed daily close above $0.3946 with RSI >50, a MACD crossover and an EMA20 flip; such confirmation could target $0.4407 and $0.4850, with a medium-term extension to $0.7512 if momentum sustains. Conversely, failure at resistance and a break below $0.3882 would likely push WLD toward $0.3450 and $0.3075; broader downside risk increases if Bitcoin loses key supports (~$69,770). Earlier analysis noted a broader downtrend with dominant selling (declines showing higher volume than rallies), key VPVR support nodes at $0.3958 and $0.3630, and resistance clusters at $0.4287, $0.4847 and $0.5232 — suggesting sellers remain in control unless breakouts occur on materially higher volume (targeting daily volume of roughly $250–300M). WLD shows high correlation with BTC (~0.8), so Bitcoin strength above major levels could lift WLD, while BTC weakness would likely accelerate losses. Traders should prioritize volume spikes and daily closes as trade triggers, use strict risk management, consider longs near strong supports and shorts at resistance clusters, and watch for false breakouts. This summary focuses on technical triggers (volume, daily closes, MACD/Supertrend flips, EMA20) and BTC direction as primary determinants of near-term WLD price action.

White House adviser Patrick Witt and former House Financial Services chair Patrick McHenry said at the Ondo summit that a comprehensive U.S. crypto market-structure bill is accelerating and could reach the president within months. Drafting teams, brokered by the White House, are converting high-level principles into statutory text on a compressed timeline. Key negotiable issues center on stablecoin rules — notably whether centralized platforms may pay passive yield on users’ idle stablecoin balances — and banning deceptive marketing (for example implying FDIC insurance), where broad agreement exists. Banks oppose platform-paid stablecoin yields over concerns about deposit funding migration; crypto firms argue yields drive user engagement. McHenry warned that excluding DeFi and tokenized lending would undermine the framework, noting tokenized lending is cheaper than securities lending and reflecting strong market demand. Ethics provisions (such as restrictions affecting officials’ spouses) remain politically sensitive, but negotiators hope narrower compromises can win bipartisan support. For traders: watch provisions on stablecoin yield, the statutory treatment of DeFi and tokenized lending, and the bill’s timetable — each could materially affect liquidity, funding rates and stablecoin flows if enacted.

ICP (ICP/USDT) trades in a daily downtrend near $2.40 with low volume and RSI around 34, indicating low momentum and near-oversold conditions. Two editions of the analysis converge on the same structure: a critical short-term support at $2.4241 (tested multiple times) and immediate resistance near $2.437–$2.80 (EMA20 ≈ $2.80; Supertrend ≈ $3.24). A confirmed daily close below $2.34/$2.4241 would likely accelerate downside toward $2.00 (strong historical weekly support). Conversely, holding $2.4241 opens a long bias targeting $2.437–$2.80 with tight stops below $2.34; a volume-led breakout and Bitcoin strength would be required to sustain a move above the $2.80–$3.24 band. Bitcoin correlation is high (~0.8–0.85); a BTC break below key levels (noted at ~$69,770) raises downside risk for ICP, while BTC recovery improves bounce prospects. Recommended trader approach: maintain short-to-neutral bias while price stays beneath EMA20 and other moving averages, use $2.4241 and $2.47–$2.63 clusters as risk markers for entries and stops, wait for volume-confirmed accumulation and BTC stabilization before scaling long positions, and keep strict risk management for spot and futures. Probability estimates from the later piece: ~40% chance of a $2.00 test, ~35% of a breakout toward $2.80, ~25% of rangebound action. Not financial advice.

Bitcoin market sentiment has plunged to historic lows as the Crypto Fear & Greed Index fell to single digits, signalling “extreme fear.” Contrarian traders, including MN Capital founder Michaël van de Poppe, point to deep oversold readings—daily RSI near 15 and sentiment comparable to 2018 and March 2020—that may set conditions for a rebound. Derivatives heatmaps (CoinGlass) show a pronounced asymmetry: a roughly $10,000 upside move could liquidate about $5.45 billion in shorts, while a drop to $60,000 would trigger only about $2.4 billion in long liquidations. That creates a realistic risk of short-covering squeezes on rallies. Offsetting that, on-chain and derivatives metrics (CryptoQuant, Binance flows) reveal structural weakness: BTC trades well below its 50- and 200-day moving averages, a Price Z-Score around -1.6, and negative net taker volume—indicating futures selling currently outweighs spot demand. Monthly net taker volume and Binance taker buy-sell ratios under 1 point to persistent selling pressure in derivatives. Technical analysis highlights a key 0.618 Fibonacci level near $57,000; if historical retracements replay, deeper downside toward ~$42,000 remains possible. For traders: anticipate volatile price action driven by forced liquidations and short-covering on sharp rallies, but require confirmation from improving spot flows and trend recovery (price back above key moving averages) for a durable bull resumption. This is market information, not investment advice.

Backpack Exchange, led by Solana developer Armani Ferrante and ex-FTX executive Tristan Yver, is in talks to raise roughly $50 million at a $1 billion pre-money valuation, with the final amount potentially higher depending on investor demand. The Singapore-headquartered platform combines centralized trading with a non-custodial wallet and has previously raised $17 million in a February 2024 Series A at a $120 million valuation. Backpack has focused on regulatory credentials — securing a VARA VASP license in Dubai (Nov 2023) and MiFID II authorization to offer EU derivatives — and claims to be the first centralized exchange to natively issue SEC-registered equities on-chain. Proceeds are earmarked for global expansion, licensing (VASP/MiCA-style and selective U.S. state permissions), banking and payments relationships, infrastructure upgrades (matching engine, custody, proof-of-reserves) and new regulated products such as custody, staking and institutional trading services. Parallel to the equity round, Backpack disclosed a Token Generation Event where 25% of the token supply (250 million tokens) will be released at TGE — mainly to point holders and a small allocation to NFT holders — designed to boost initial liquidity and align community ownership while restricting founder/early investor exits ahead of a planned U.S. IPO. For traders: the raise and regulatory progress position Backpack as a growing, compliance-focused mid-tier exchange that could attract institutional flow and on-chain securities demand. Key risks include execution (delivering secure custody and proofs), regulatory uncertainty in major markets and competition from entrenched exchanges — factors that will determine whether the valuation and expansion translate into sustained user growth and tradable volume.

CoinMarketCap’s Altcoin Season Index sits at 24, well below the 75 threshold used to declare an altcoin season and indicating that most top-100 non-stablecoin tokens have underperformed Bitcoin over the past 90 days. Both reports confirm a pronounced Bitcoin season driven by institutional inflows into spot BTC products, macro uncertainty, uneven on-chain activity, and regulatory ambiguity. Traders should treat the 24 reading as confirmation of Bitcoin dominance and limited broad altcoin momentum. Practical implications: favour Bitcoin-focused or large-cap BTC-centric strategies, avoid broad speculative allocations to high-beta altcoins, and apply selective, fundamentals-led dollar-cost averaging for high-conviction altcoins. Key rotation triggers to watch are: Bitcoin price stability at new highs, improved risk appetite, rising altcoin volumes, protocol-specific positive news in DeFi and layer‑1 ecosystems, and clearer regulatory guidance for altcoins. Analysts note the index is more useful as a trend-confirmation tool than a precise timing signal; historically it can remain below 30 for extended periods before altcoin rallies. Short-term outlook: range-bound trading with selective sector or large-cap rotations. Longer-term shift to an altcoin season would require a sustained index move above ~50, rising altcoin volumes, or weakening Bitcoin dominance.

Market commentator Jim Cramer told CNBC the Trump administration is reportedly considering purchases of Bitcoin for a proposed U.S. Strategic Bitcoin Reserve, with an alleged target buy price around $60,000. Arkham on-chain data shows U.S. government-linked wallets already hold about 328,372 BTC (over $23bn) and have shown no recent inflows, contradicting claims of fresh large purchases near $60k. A March 2025 executive order restricts any Strategic Bitcoin Reserve to seized assets from criminal or civil forfeiture and bars selling those assets; Treasury officials say public funds cannot be used to buy crypto and that the government lacks authority to prop up Bitcoin prices or force banks to buy. Prediction markets (Polymarket) place the probability of a formal Strategic Bitcoin Reserve being created before 2027 at roughly 31% (up from ~23% in January), reflecting market sentiment but not confirmation. Bitcoin briefly fell toward $60,000 during a midweek sell-off before rebounding above $70,000; if the administration actually intends to buy at $60k, execution would likely require a >15% price drop from the then-current level. For traders: the Cramer claim remains unverified and is contradicted by on-chain data and policy constraints; a genuine government accumulation would be strongly bullish for BTC, but current evidence points to no recent purchases and substantial legal and fiscal limits on using public funds.