Author: John Smith

Coinbase stock jumped by 5% on Friday, a day after the top crypto exchange reported weak financial results, including falling revenues and soaring losses. Summary Coinbase share price bounced back after publishing its financial results. Its revenue declined, and its profits fell as expenses rose and crypto prices fell. Top Wall Street analysts maintained their bullish outlook while lowering their targets. Coinbase shares jumped to $147, well above the year-to-date low of $140. It remains well below the all-time high of $445. Top analysts maintained a buy rating on COIN stock  The rebound came after H.C. Wainwright maintained its buy…

After dipping to $65,092 yesterday, Bitcoin has found some stability and is currently trading near $69,000 as of February 13. The asset is up about 4.3% at last check, clinging to about a 1% gain on the week. However, the broader monthly trend remains under pressure, with BTC down close to 29%. At the moment, the market seems to be in a wait-and-see mode. Buyers are defending key support areas, while sellers remain active near resistance. With neither side in full control, the Bitcoin price continues to move within a clearly defined range, awaiting a stronger catalyst for direction. Summary…

The stock and crypto markets remained on edge today, February 13, as participants reacted to the latest US consumer inflation report, which continued moving downwards in January. Summary The stock and crypto markets retreated after the US published the latest US consumer inflation report. Data by the Bureau of Labor Statistics showed that the headline Consumer Price Index fell to 2.4%. Core inflation, which excludes the volatile food and energy prices, fell to 2.5%. US stock indices retreated, with the futures tied to the Dow Jones. Nasdaq 100, and S&P 500 falling by over 35 basis points, continuing a trend…

Kalshi is moving deeper into the sports insurance market after announcing a partnership with sports insurance broker Game Point Capital, according to comments from CEO Tarek Mansour. Summary Kalshi has partnered with Game Point Capital to expand into the $9 billion sports insurance and reinsurance market, which is projected to double by 2030. Game Point executed two basketball bonus hedges on Kalshi at significantly lower prices (6% and 2%) compared to traditional OTC reinsurance rates of 12–13% and 7–8%. Kalshi is positioning its exchange as a cheaper, more transparent alternative to traditional reinsurers like Lloyd’s of London, citing growing liquidity…

As Valentine’s Day approaches, the U.S. Attorney’s Office for the Northern District of Ohio is warning the public about a surge in romance scams that target people through online relationships and often lead to financial loss, including requests for cryptocurrency payments. Summary The U.S. Attorney’s Office for the Northern District of Ohio issued a Valentine’s Day warning about a surge in romance scams, many involving cryptocurrency payments. Scammers build fake online relationships over weeks or months before requesting money for “emergencies,” travel, or bogus crypto investments. Officials urge the public never to send gift cards, wire transfers, or cryptocurrency to…

A U.S. federal court has sentenced the chief executive of a crypto trading and multi-level marketing firm to 20 years in prison for orchestrating a massive Bitcoin-based Ponzi scheme that defrauded tens of thousands of investors worldwide. Summary Ramil Ventura Palafox, CEO of Praetorian Group International, was sentenced to 20 years in prison for running a $200 million Bitcoin Ponzi scheme. Prosecutors said the scheme defrauded more than 90,000 investors worldwide, promising daily returns of up to 3% through supposed crypto trading. The U.S. Department of Justice said investor funds were misused for personal expenses, with no legitimate trading activity…

XRP price is hovering near $1.35 as markets closely watch the January U.S. Consumer Price Index (CPI) report due later today. Summary Markets expect January U.S. CPI to show sticky inflation, with core prices remaining elevated, a result that could delay Federal Reserve rate cuts and pressure crypto assets. XRP is trading near $1.35, below its 50-day SMA around $1.84, with the broader trend still bearish on the daily chart. Key support sits at $1.30 and $1.20, while resistance stands at $1.40 and the $1.80–$1.85 region; CPI data could determine the next breakout or breakdown. Economists expect headline inflation to…

Coinbase reported a quarterly loss as it expanded into derivatives, stablecoins, and new markets to reduce reliance on spot crypto trading. Summary Coinbase diversified its business through futures, global expansion, and new financial products. Market volatility and lower trading activity weighed on short-term performance. Management remains focused on long-term stability and revenue balance. Coinbase Global, Inc. reported a net loss of $670 million in the fourth quarter of 2025, despite posting record operational metrics for the full year, according to its earnings report released on Feb. 12. The company said its Q4 results were in line with internal expectations, even…

HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume. Summary Inverse head and shoulders pattern developing, signaling trend reversal potential $0.09 neckline resistance is the key trigger for bullish confirmation Holding above the point of control supports a breakout toward higher targets HBAR (HBAR) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation…

Bitcoin’s recent price decline has prompted market analysts to assess whether a price floor is forming, with one prominent on-chain researcher stating the risk-reward profile has shifted following the selloff. Summary “Checkmate” Check suggests Bitcoin has entered “deep value” territory. Recent selloff capitulation losses resemble those seen at 2022 cycle lows, indicating a potential market bottom forming with a 60% probability. Bitcoin’s price may be forming a bottom, but further declines are possible as market sentiment shifts. James “Checkmate” Check, a former lead researcher at Glassnode and author of Check On Chain, told What Bitcoin Did host Danny Knowles that…