Author: Benjamin Lee
USD1, a stablecoin affiliated with President Donald Trump, just briefly dipped below its $1.00 price peg. The asset slipped to $0.9942 on Monday morning, before regaining its peg within a couple of hours. The decentralized finance (DeFi) project World Liberty Financial (WLFI), which issues USD1, attributed the volatility to a “coordinated attack” from hackers. “Attackers hacked several WLFI cofounder accounts, paid influencers to spread FUD, and opened massive WLFI shorts to profit from the manufactured chaos. It didn’t work. Thanks to USD1’s sound mint-and-redeem mechanism and full 1:1 backing, we are trading steadily at par. No scammer can shake the…
Institutional investors just sold an overall total of $288 million in Bitcoin and crypto assets in one week, according to a new update from Coinshares. The outflows mark the fifth consecutive week of selling, bringing cumulative year-to-date outflows to $4 billion. Bitcoin drove the bulk of the selling with $215 million in outflows. Short-bitcoin products attracted $5.5 million in inflows, the largest of any asset. Ethereum posted the second-largest outflows at $36.5 million. Multi-asset products lost $32.5 million, while Tron recorded $18.9 million in outflows. Minor inflows hit select altcoins, with XRP gaining $3.5 million, Solana adding $3.3 million and…
Cosmos price traded around $2.23 on Monday, Bulls eye a rebound to above $3 despite broader crypto market losses. A key bullish pattern signals the potential for an upside continuation. Cosmos (ATOM) faces continued sell-off pressure as overall sentiment threatens a sharper correction for altcoins. This is due to seller dominance as Bitcoin retests $65,000 amid macroeconomic pressures. However, while the latest downturn has seen bulls fail to decisively test sellers above $2.50, a potential double bottom formation suggests the altcoin could soon explode to a multi-month high. ATOM price today As of February 23, 2026, Cosmos (ATOM) was trading…
Institutional investors just sold $173 million in Bitcoin and crypto investment products in one week, according to a new update from CoinShares. The digital asset firm says outflows have now totaled a whopping $3.74 billion in the last month, as the price of BTC dropped from around $95,400 to a low of $62,800. Last week, Bitcoin witnessed $133 million in outflows. Ethereum followed with $85.1 million outflows. Some altcoins bucked the trend, with XRP attracting $33.4 million inflows, Solana $31 million and Chainlink $1.1 million. Regionally, the US led with $403 million outflows. That was offset by $230 million inflows elsewhere,…
A large-scale investor has offloaded millions of ASTER tokens, absorbing a 22% loss within two weeks. ASTER price has dropped below key levels, signaling bearish short-term bias. Aster team calms supply-side worries by confirming no plans to sell unlocked tokens. The digital assets market remained deteriorated on Wednesday, with the global crypto market capitalization at $2.94 trillion after a 0.65% dip in the past 24 hours. Also, Bitcoin remained somewhat muted in the last day after the recent decline, changing hands at $86,640 following a mere 0.30% decline on its daily chart. While most altcoins sought footing after the latest…
Raydium price pumped more than 15% as bulls tested the $0.75 level. Gains come amid a notable jump in perpetuals volume on the Solana-based decentralized exchange. RAY’s daily trading volume exploded by more than 500%. Raydium trends as one of the top gainers in the crypto market in early trading on February 17, 2026, with the RAY token up 15% in the past 24 hours. The token’s dramatic surge aligns with an explosion in daily trading volume and a retest of $0.75, which sees bulls now target a potential rebound to the critical price level of $1. All this comes…
An analyst known for making timely crypto calls believes one Ethereum (ETH) rival is now forming a market bottom. Pseudonymous analyst Bluntz tells his 337,200 followers on X that Solana (SOL) is likely completing a three-wave correction and could soon enter a long-term bullish phase. Bluntz practices the Elliott Wave theory, which states that a bullish asset tends to witness a five-wave rally after going through an the ABC correction. “Anybody who’s not a tourist and has actually witnessed multiple cycles knows this is an amazing long-term SOL entry. For the record, the reason I’m bull-posting SOL more than anything…
The crypto wallet provider MetaMask has taken the top spot in Santiment’s latest rankings for overall development activity, according to new data from the blockchain analytics firm. In a new post on X, Santiment shared its most recent list of crypto projects with the highest level of notable GitHub development over the past 30 days, tracking changes in rankings compared to the previous month. [adinserter block=”1″] “Here are crypto’s top overall coins by notable development activity the past 30 days. Directional indicators represent each project’s rank rise or fall since last month.” Source: Santiment/X According to the rankings, MetaMask placed…
The crypto-based prediction market Polymarket is going to battle against the state of Massachusetts. Polymarket’s chief legal officer, Neal Kumar, says the firm has filed a federal lawsuit against the state, highlighting jurisdictional questions about event contracts. “Congress gave the CFTC, not states, exclusive authority over event contracts. These are national markets with critical questions that must be resolved in federal court. Racing to state court to try to shut down Polymarket US and other prediction markets doesn’t change federal law — and states like MA and NV that have done so will miss an amazing opportunity to help build…
Coinbase has added the upcoming governance and utility token of a ‘neobank’ blockchain project to its listing roadmap, putting the soon-to-be-launched asset on the potential path to trading. The largest crypto exchange by trading volume in the United States says it could soon support Superform (UP), a “user-owned neobank, enabling single-signature execution of arbitrary actions across chains and offering structured products to optimize yield,” according to the project’s docs. Superform is scheduled to launch its token on Tuesday, which Superform co-founder Blake Richardson says will be used for governance, to pay gas fees in the app and to direct protocol…