Market Signal Briefing

The aircraft-engine manufacturer forecasts higher revenue this year with particularly strong gains in its commercial series business.

February 24, 2026 03:00 ET  | Source: Futu Holdings Limited

HONG KONG, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced that it will report its financial results for the fourth quarter and full year ended December 31, 2025, before U.S. markets open on March 12, 2026.

Futu's management will hold an earnings conference call on Thursday, March 12, 2026, at 7:30 AM U.S. Eastern Time (7:30 PM on the same day, Beijing/Hong Kong Time).

Please note that all participants will need to pre-register for the conference call, using the link

https://register-conf.media-server.com/register/BIe49e3331c0f24a9d9926d5b979ab55df

It will automatically lead to the registration page of "Futu Holdings Ltd Fourth Quarter and Full Year 2025 Earnings Conference Call", where details for RSVP are needed.

Upon registering, all participants will be provided in confirmation emails with participant dial-in numbers and personal PINs to access the conference call. Please dial in 10 minutes prior to the call start time using the conference access information.

Additionally, a live and archived webcast of this conference call will be available at https://ir.futuholdings.com/.

About Futu Holdings Limited

Futu Holdings Limited (Nasdaq: FUTU) is an advanced technology company transforming the investing experience by offering fully digitalized financial services. Through its proprietary digital platforms, Futubull and Moomoo, the Company provides a full range of investment services, including trade execution and clearing, margin financing and securities lending, and wealth management. The Company has embedded social media tools to create a network centered around its users and provide connectivity to users, investors, companies, analysts, media and key opinion leaders. The Company also provides corporate services, including IPO distribution, investor relations and ESOP solution services.

Investor Contact

Investor Relations
Futu Holdings Limited
[email protected]

February 24, 2026 03:00 ET  | Source: SoundHound AI

New real-time AI solution for in-store teams makes rapid recommendations for deals, add-ons, and savings for a more efficient customer experience SoundHound processed nearly 30 million AI customer interactions telecom and retail businesses globally in 2025; Debuts at MWC Barcelona as part of growing interest from European market SANTA CLARA, Calif., Feb. 24, 2026 (GLOBE NEWSWIRE) -- SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice and conversational AI, today announced the launch of Sales Assist, a new voice-powered AI agent for retail which will debut at Mobile World Congress 2026 (Hall 7, Booth 7E40). The revolutionary in-store agent builds on SoundHound’s existing AI offerings for enterprise businesses, including the company’s next-generation agentic AI platform.

Agentic AI on the Sales Floor

Designed for in-store teams, the Sales Assist agent provides real-time AI informational prompts to floor staff – for example, at telecoms retail locations. With consent, the AI supports in-store staff during live customer conversations, analyzing intent and context, and delivering instant, data-driven recommendations directly to a tablet or any device with a microphone and a screen – from upgrades and bundles to cross-sell opportunities and compliance disclosures.

Now, instead of having customers wait while associates log into multiple systems, search through pricing plans or manually calculate upgrade options, SoundHound’s Sales Assist agent surfaces the right offer instantly, within the natural flow of conversation. The result is a faster, more personalized experience without the friction that often slows in-store sales interactions.

Powered by SoundHound’s proprietary Polaris automatic speech recognition (ASR), the AI is purpose built for fast-paced, noisy retail environments with minimal latency. The Sales Assist agent works by orchestrating multiple specialized AI agents that securely access CRM, billing, promotions, product databases, and coverage tools.

For example, if a customer mentions a damaged phone the system can automatically:

Check upgrade eligibilityRetrieve account and billing dataSurface relevant trade-in promotionsSuggest complementary bundles or accessories The Sales Assist agent helps retailers increase revenue per customer, shorten sales cycles, reduce training time for new employees, and ensure consistent, compliant sales practices across locations. For telecommunications providers, it simplifies complex tariff and upgrade logic while unlocking data-driven retention and cross-sell opportunities.

Expanding Agentic AI in Europe

At MWC 2026, SoundHound is showcasing its enterprise AI portfolio, including the SoundHound’s next generation agentic platform, a scalable multi-agent orchestration environment and optimized for MCP and A2A protocols.

The platform is deployed by hundreds of large-scale enterprise organisations to coordinate sophisticated AI agents across operational environments. Whether the agents are self-built, pre-configured or from a third party, the agentic platform enables them to work together to complete multi-step workflows across customer channels – including voice, SMS, webchat, email, smart devices, social, contact center, and in-vehicle.

“Voice assistants and chatbots have been around for years, but truly effective, enterprise grade voice interaction is only now becoming possible,” said Michael Anderson, EVP of Enterprise AI at SoundHound AI. “With AI maturing, voice is evolving into a central customer interface that doesn’t just respond but resolves. The Sales Assist agent demonstrates how agentic AI can transform retail environments in real time, and MWC is the perfect platform to bring this next generation of customer experience AI to Europe.”

Live at MWC Barcelona

Visitors to Hall 7, Booth 7E40, from March 2–5, 2026, can experience a live demonstration of the Sales Assist agent, as well as explore additional enterprise agentic AI use cases powered by the Amelia platform including:

AI agents customer service, which showcases agentic support workflows designed to handle even very complex service interactions across telecom and retailSoundHound’s agentic voice commerce platform – making its European debut – which enables drivers and passengers to order food, make reservations, pay for parking, book tickets, travel, and more just by speaking thanks to in-vehicle voice AI agents.Visitors can also experience how AI agents can be configured on site in minutes through an interactive build environment that illustrates rapid deployment across industries.
SoundHound's presence at MWC 2026 in Barcelona underscores its accelerating momentum across Europe and globally. In 2025 alone, the company processed nearly 30 million AI-driven customer interactions for telecom and retail. Today, SoundHound powers millions of products and services worldwide, enabling billions of AI interactions each year for leading brands Learn more at www.soundhound.com

About SoundHound AI

SoundHound AI (Nasdaq: SOUN), a global leader in voice and conversational AI, delivers solutions that allow businesses to offer superior experiences to their customers. Built on proprietary technology, SoundHound’s voice AI delivers best-in-class speed and accuracy in numerous languages to product creators and service providers across retail, financial services, healthcare, automotive, smart devices, and restaurants. The company’s groundbreaking AI-driven products include Smart Answering, Smart Ordering, Dynamic Drive-Thru, and the Amelia Platform, which powers AI Agents for enterprise. In addition, SoundHound’s Agentic AI for Automotive and Autonomics, a category-leading operations platform that automates IT processes, have enabled SoundHound to power millions of products and services, and process billions of interactions each year for world-class businesses.

Media Contact
Fiona McEvoy
415-610-6590
[email protected] 

VANCOUVER, British Columbia, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Miata Metals Corp. (CSE: MMET) (FSE: 8NQ) (OTCQB: MMETF) (“Miata” or the “Company”) is pleased to announce additional drill results from the Jons Trend zone at its Sela Creek Gold Project (“Sela Creek”) in Suriname.

Results from the first four holes of the 2026 drill program continue to expand the existing discovery and have increased the Jons Trend mineralized footprint by approximately 20%, while remaining open for further expansion in all directions. The newly reported holes confirm extension of higher-grade mineralization across the northern portion of the system and increase the lateral extent of the zone from 250 m to 300 m.

Highlights

First four holes of 2026 reported from Jons Trend: 32 m at 1.20 grams per tonne (g/t) gold in 26DDH-JT-001 from 50 m, and8.7 m at 3.47 g/t gold in 26DDH-JT-001 from 126 m including 0.7 m at 31.37 g/t gold from 128.16 m 11.3 m at 3.58 g/t gold in 26DDH-JT-002 from 180 m including 0.9 m at 30.40 g/t gold from 181 m 17.3 m at 1.65 g/t gold in 26DDH-JT-004 from 39 m Jons Trend lateral extent increased by 20% to 300 mHigh-grade mineralization confirmed along northern extent of Jons TrendAll intervals herein reported as true width, reflecting improved structural understanding “With each successive drill hole, Jons Trend is growing in size from a single discovery zone into a large, structurally controlled gold system of multiple gold zones with both bulk-tonnage potential and discrete high-grade zones of mineralization,” stated Dr. Jaap Verbaas, CEO of Miata. “The previously reported wide step-outs and now confirmed 300 m lateral extent of Jons Trend demonstrate strong lateral continuity, while repeated high-grade intervals above 30 g/t gold are tracking higher-grade zones within the broader mineralized envelopes. Importantly, Jons Trend represents only a small portion of the approximately 14 km of documented artisanal mining trend across Sela Creek. With a second drill rig on site, the Company can continue systematic expansion drilling at Jons Trend while concurrently testing multiple high-priority targets across the concession, including Puma, Big Berg, and Cambior. Sela Creek is increasingly demonstrating the characteristics of a potentially district-scale gold system with substantial exploration upside remaining.”

Figure 1. Section A-A' shows the 300 m extent of Jons Trend and the north-eastern holes 25DDH-JT-001 through 004. The location of section A-A’ is indicated on Figure 2.

Figure 2. Drill map of Jons Trend. All 2026 results are reported as true width. All 2025 results are indicated as intersected width. True width information, where available, is disclosed on the Company website through this link.

Jons Trend drilling

The results reported in this news release represent a fence of drill holes along the northern extent of Jons Trend, stepping out approximately 50 m from previously drilled holes. These holes increase the lateral extent of the mineralized zones from 250 m to 300 m and intersect multiple high-grade zones within broader mineralized envelopes.

Two notable high-grade intercepts, were intersected in separate drill holes:

8.7 m at 3.47 g/t Au in 26DDH-JT-001 from 126 m11.3 m at 3.58 g/t Au in 26DDH-JT-002 from 180 m These intercepts confirm continuity of higher-grade mineralization across the expanded width of the target and demonstrate that Jons Trend remains open to the north. Jons Trend is also open to depth and along strike.

Longer intervals of mineralization are characterized by extensive silicification and sulphide mineralization within shear zone intercepts. Notable broad zones include:

32.0 m at 1.20 g/t Au in 26DDH-JT-001 from 50 m17.3 m at 1.65 g/t Au in 26DDH-JT-004 from 39 m Shorter, high-grade intervals are associated with quartz-chlorite-pyrite-pyrrhotite extensional veins within the broader shear system. These veins occur within a strongly altered package marked by silica, chlorite, white mica, and locally biotite alteration, with accessory titanite. Gold mineralization is typically associated with chlorite, pyrite, and pyrrhotite disseminations adjacent to and concentrated along locally boudinaged quartz veins.

Jons Trend is hosted within tightly folded metasedimentary rocks metamorphosed to upper greenschist to lower amphibolite facies. Fold axes follow a strong northeast to southwest trend. Two orientations of gold-bearing shear zones crosscut the folded package, one fold-parallel and the other slightly oblique, providing structural traps for mineralization.

Table 1. Consolidated results from holes 26DDH-JT-001 through 26DDH-JT-004. Reporting limits are a minimum of 3 m > 0.5 g/t Au or 2 m > 1 g/t Au. All results over 0.5 g/t Au can be found on Miata’s website through this link.

Hole Id From (m)To (m)true width
(m)Au (g/t)Target26DDH-JT-001 508732.01.20Jons Trendincluding 52.355.933.11.71 including 58.44612.21.99 including 63738.72.47 and 1261368.73.47 including 128.161290.731.37 26DDH-JT-002 101.531085.30.76Jons Trend
and 125128.93.70.58and 18019211.33.58including1801854.77.86including 1811820.930.4026DDH-JT-003 58590.90.50Jons Trend26DDH-JT-004 22.5274.10.53Jons Trend
and 395917.31.65including 40.5508.21.99including 53595.21.78and 64716.11.36including 64661.73.38
Table 2. Drill collar locations for 26DDH-JT-001 through 26DDH-JT-004. Note coordinate projection in WGS84_UTM Zone 21N.

Hole ID Easting (m)Northing (m)Elevation (m)AzimuthInclinationLength (m)26DDH-JT-001 754,865418,305127347-69.3168.026DDH-JT-002 754,907418,277111345-60.0201.026DDH-JT-003 754,781418,354131345-70.0104.826DDH-JT-004 754,832418,335134350-68.0168.3
All drill results are available through this link.

QAQC

Samples were analyzed at FILAB Suriname, a commercial certified laboratory under ISO 9001:2015. Samples are crushed and pulverized to 85% passing 88 µm prior to analysis using a 50 g fire assay (50 g aliquot) with an Atomic Absorption (AA) finish. For samples that return assay values over 5.0 g/t, another cut was taken from the original pulp and fire assayed with a gravimetric finish. Samples with coarse visible gold or returning an assay value over 10.0 g/t, metallic screen analysis is conducted on the coarse reject material. Miata Metals inserts certified reference standards, as well as blanks and ¼ core duplicates in the sample sequence for quality control and assurance.

QP Statement

The scientific and technical information in this news release has been reviewed and approved by Dr. Jacob Verbaas, P.Geo., a director of the Company and Qualified Person as defined under the definitions of National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Miata Metals Corp.

Miata Metals Corp. (CSE: MMET) is a Canadian mineral exploration company listed on the Canadian Securities Exchange, as well as the OTCQB (OTCQB: MMETF) and Frankfurt (FSE: 8NQ) Exchanges. The Company is focused on the acquisition, exploration, and development of mineral properties. The Company holds a 70% interest in the ~215 km2 Sela Creek Gold Project with an option to acquire a full 100% interest in the Project, and a 70% beneficial interest in the Nassau Gold Project with an option to acquire 100%. Both exploration properties are located in the greenstone belt of Suriname.

On Behalf of the Board

Dr. Jacob (Jaap) Verbaas, P.Geo | CEO and Director
[email protected]
+1 778 488 9754

Forward-Looking Statements

Certain information contained herein constitutes “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “anticipates”, “anticipated”, “expected”, “intends”, “will” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are from those expressed or implied by such forward-looking statements or forward-looking information subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including receipt of all necessary regulatory approvals. Although management of the Company have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/97870839-72af-41e5-8c12-687050bed541

https://www.globenewswire.com/NewsRoom/AttachmentNg/f742391f-dcc2-4bb9-b9dc-4ea0b788bc79

February 24, 2026 03:05 ET  | Source: Li-FT Power Ltd.

VANCOUVER, British Columbia, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Li-FT Power Ltd. (“LIFT” or the “Company”) (TSXV: LIFT) (OTCQX: LIFFF) (Frankfurt: WS0) is pleased to announce further to its December 15, 2025 press release regarding, among other things, LIFT entering into a non-binding letter of intent with SOQUEM Inc. (“SOQUEM”) and Azimut Exploration Inc., that it has entered into a definitive purchase agreement dated February 23, 2026 with SOQUEM to acquire an additional 25% interest in the exclusive exploration rights commonly known as the Galinée property (“Galinée Property”), which would bring its total aggregate interest in the Galinée Property to a 75% interest with the remainder of the interest in the Galinée Property to remain held by SOQUEM (the "SOQUEM Transaction"), subject to the satisfaction of various conditions. LIFT is the operator of the project on the Galinée Property under joint venture with SOQUEM.

Under the terms of the purchase agreement with SOQUEM (the “SOQUEM Agreement”), consideration for SOQUEM’s 25% interest in the Galinée Property will consist of 1,000,000 common shares in the capital of the Company. All common shares issued pursuant to the SOQUEM Agreement will be subject to a statutory hold period of four months and one day in accordance with applicable Canadian securities laws. The SOQUEM Transaction is subject to the receipt of TSX Venture Exchange approval and the satisfaction of other customary closing conditions.

About LIFT

LIFT is a mineral exploration company engaged in the acquisition, exploration, and development of lithium pegmatite projects located in Canada. The Company’s flagship project is the Yellowknife Lithium Project located in Northwest Territories, Canada. LIFT also holds three early-stage exploration properties in Quebec, Canada with excellent potential for the discovery of buried lithium pegmatites, as well as the Cali Project in Northwest Territories within the Little Nahanni Pegmatite Group.

For further information, please contact:
Francis MacDonaldFrancis MacDonaldChief Executive OfficerInvestor RelationsTel: + 1.604.609.6185Tel: +1.604.609.6185Email: [email protected]: [email protected] Website: www.li-ft.com  Cautionary Statement Regarding Forward-Looking Information

Certain statements included in this press release constitute forward-looking information or statements (collectively, “forward-looking statements”), including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, “may”, “should” and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements. These forward-looking statements and information reflect management's current beliefs and are based on assumptions made by and information currently available to the company with respect to the matter described in this new release.

Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and risks and uncertainties is contained under "Risk Factors" in the Company's latest annual information form filed on March 21, 2025, which is available under the Company's SEDAR+ profile at www.sedarplus.ca, and in other filings that the Company has made and may make with applicable securities authorities in the future. Forward-looking statements contained herein are made only as to the date of this press release and we undertake no obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. We caution investors not to place considerable reliance on the forward-looking statements contained in this press release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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Binance just hit a wall. The world’s biggest crypto exchange watched medium-sized Bitcoin deposits crash to levels not seen since 2017, and the numbers paint a pretty grim picture for what’s happening in the market right now.

The exchange didn’t release exact figures, but sources close to the matter said deposits between 10 and 100 Bitcoin basically dried up over the past month. These mid-level traders usually keep things moving – they buy dips, sell peaks, and generally provide the liquidity that keeps Bitcoin markets from going completely nuts. But they’re sitting on the sidelines now, spooked by a mix of regulatory heat and brutal losses that won’t quit.

Short-term holders are bleeding cash. Many bought Bitcoin above $30,000 and now they’re staring at prices below $25,000.

So they’re doing what humans do when things get ugly – nothing. Instead of selling at a loss, they’re holding tight and hoping for a comeback. That means fewer coins hitting exchanges, which creates this weird situation where trading volumes drop even as volatility stays sky-high.

The Federal Reserve’s rate hikes aren’t helping anyone sleep better at night. Borrowing costs keep climbing, making it harder for traders to leverage their positions in risky assets like crypto. When money costs more to borrow, people get pickier about where they put it.

Binance CEO Changpeng Zhao tried to sound calm during a recent call with investors. “We are closely monitoring the situation,” he said, though his tone suggested things aren’t exactly going according to plan. The exchange stays stable, but trading volumes tell a different story.

Bitcoin’s price action has been wild. The cryptocurrency dipped below $25,000 for the first time in months, triggered by the SEC ramping up its crackdown on digital assets. Regulatory uncertainty is killing confidence across the board.

But here’s the twist – big institutional players are still buying. They see these prices as a gift and they’re accumulating while retail traders panic. It’s a classic case of smart money doing the opposite of what everyone else does. Long-term holders don’t care about daily price swings. See also: Bitcoin Whales Dump Massive Holdings as.

Binance’s user activity dropped 12% last quarter. Daily active users are down, deposits are down, and revenue streams are taking a hit. The exchange is scrambling to find new ways to keep people engaged, though they haven’t announced any major initiatives yet.

Other exchanges are seeing similar patterns. Coinbase, Kraken, and smaller platforms all report declining trading volumes. It’s not just a Binance problem – the whole industry is dealing with the same headwinds from regulators and macro conditions.

The lack of specific data from Binance makes it tough to gauge exactly how bad things are. Market analysts keep asking for more details, but the exchange stays pretty tight-lipped about the numbers. That’s probably smart from a competitive standpoint, but it leaves everyone guessing.

Legal troubles aren’t making things easier. On February 10, a group of investors sued Binance over alleged misrepresentation in token offerings. The lawsuit adds another layer of complexity that probably isn’t helping investor confidence right now.

Meanwhile, Bitcoin’s hash rate just hit an all-time high above 300 exahashes per second as of February 20. Miners keep investing in the network despite market conditions, which shows there’s still long-term faith in Bitcoin’s fundamentals. But that doesn’t translate to short-term trading activity.

Glassnode data shows active Bitcoin addresses dropped 15% over the past month. Retail participation is clearly shrinking, and that matters because retail traders often drive the day-to-day price movements that keep markets interesting. See also: Binance Slashes Sanctions Exposure by 96.8%.

Binance CFO Wei Zhou addressed concerns during a February 18 press conference. “We are actively engaging with our community to address any concerns and provide clarity on our operational status,” he said. The company wants to project transparency, but actions speak louder than words.

Blockchain expert Andreas Antonopoulos weighed in during a February 21 podcast. “Exchanges like Binance must navigate these rough waters with strategic foresight,” he said. The industry veteran knows how quickly sentiment can shift in crypto markets.

The contrast with January is pretty stark. Bitcoin held above $30,000 for most of that month, supported by optimistic sentiment that evaporated fast. February’s volatility shows how quickly things can change in this space.

DeFi platforms are gaining ground while centralized exchanges struggle. These peer-to-peer platforms reported 20% higher user engagement as of February 22, creating new competition for traditional exchanges like Binance.

The exchange hasn’t announced any major strategic shifts yet. They’re focused on maintaining platform reliability and security while waiting to see how market conditions develop. More announcements are expected as the situation evolves, but timing remains unclear.

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Bitcoin has broken below the $63,000 mark, trading at $62,945 late Tuesday.

The largest cryptocurrency has now extended a brutal month-long correction that has seen the world’s largest cryptocurrency shed nearly 50% of its value since its October 2025 highs.

Adoption vs. price actionIn a recent interview with the Charles Schwab Network, John Haar, Managing Director of Swan Bitcoin, addressed the confusion plaguing investors who are watching institutional adoption rise while prices crater.

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"I think we do have to just be honest about the fact that most people did not predict a 50% price decline," Haar stated. "It is a frustrating environment, I would say, for any Bitcoin believers because there are so many positive underlying adoption events under the surface."

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Haar pointed to massive institutional inflows that seemingly contradict the bearish price action.

"Whether it's Harvard owning half a billion dollars worth of Bitcoin, whether it is Middle Eastern sovereign wealth funds owning a similar amount of Bitcoin, [or] whether it is Vanguard opening the door to their clients to purchase the Bitcoin ETFs after they held out for a long time," Haar noted. "There are all these big things happening that we really wouldn't have believed a few years ago if you would have told us."

The main culpritWhen asked why the price is moving inversely to this good news, Haar pinned the blame on the derivatives market rather than spot selling.

"I think a lot of participants in Bitcoin, whether I like it or not—and I don't like it—they are very leveraged speculative traders," Haar explained. "If their bets are not correct in a short period of time, then leverage can cause things to unwind more dramatically and move pretty forcefully."

Haar suggests that the rapid descent from the $127,000 highs was a result of these leveraged players getting caught offside and being forcibly liquidated. However, he remains bullish on the long-term trajectory, noting that Bitcoin's "floors" keep rising.

"It was roughly three and a half years ago that Bitcoin was crashing to $16k. Before that, Bitcoin crashed to $3k. Now it's crashing to $65k," Haar said. "I think in a few years it will crash to a higher number."

Why $60,000 is criticalAs reported by U.Today, venture capitalist Vinny Lingham warns that the true line in the sand sits slightly lower. According to Lingham, the $60,000 mark represents the difference between a recovery and a total market capitulation.

Specifically, he warned that MicroStrategy (MSTR), the largest corporate holder of Bitcoin, could see its stock price drop below $100 in such a scenario.

Bitcoin is under huge pressure after falling sharply this week, and now close to its 3-week low price near $60,000. Market data shows that if Bitcoin falls below $60,000, it could trigger around $2.2 billion in liquidations, which may push the price down even faster. 

Here are the key support levels to watch next.

Bitcoin Price Risks $2.2 Billion LiquidationBitcoin price is already down nearly 8% this week, with selling pressure increasing across the market. In the past 24 hours alone, Bitcoin recorded $160 million in total liquidations, with $127 million coming from long liquidations.

This means that bullish traders were forced to close their positions as the price began to fall.

On-chain data now show a much larger threat ahead. Well, if Bitcoin drops below the key $60K support level, then the market will see a risk of $2.2 billion liquidation.

Such liquidation often trigger price crash as traders rush to close their long positions, before making any loss.

Institutional & Whale Outflows Signal Declining ConfidenceAs the bitcoin price continues to decline, institutional sentiment has also weakened, adding to Bitcoin’s downside risk. 

On February 23, Bitcoin spot ETFs recorded $203.8 million in net outflows, led by BlackRock’s Bitcoin ETF with $116.4 million in outflows, followed by Bitwise and Fidelity.

While it’s not just institutions, large bitcoin whales are also dumping bitcoin. One of the oldest Bitcoin whales, active since 2009, recently sold $1.24 billion worth of BTC.

This whale had held Bitcoin through multiple market cycles and chose to exit during the current market drop.

Why the $60K Support Level Is CriticalNow, all eyes are on the $60,000 level, which is now the most important support zone for Bitcoin. This level previously acted as strong support when Bitcoin dipped to this zone.

Looking at the weekly chart, if Bitcoin remains above the $60k level, it can gain strength and rally toward the $70,000 level. This is an important resistance level.

Further, if BTC breaks above $70,000, the price could rise toward the next resistance level of $77,023.

But if Bitcoin falls below $60,000, strong selling could start and push the price down faster. The next major support is near $53,485, where buyers may step in and try to stop the fall.

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The collapse of the Terra-Luna ecosystem is back in the news and this time, one of Wall Street’s biggest trading firms is at the center of the fight.

According to a report by The Wall Street Journal, the court-appointed liquidator for Terraform Labs has filed a lawsuit in New York federal court against trading giant Jane Street. The firm is accused of using insider information during the 2022 Terra meltdown to profit while the market was unraveling.

Todd Snyder, who is overseeing Terraform’s liquidation process, claims Jane Street had access to non-public information and used it to front-run key trades during the collapse of TerraUSD (UST). The lawsuit argues that this gave the firm an unfair advantage and allowed it to profit while ordinary investors and creditors suffered heavy losses.

The Curve Pool Withdrawal ClaimOne of the main allegations centers on events from May 7, 2022. The complaint states that Terraform quietly withdrew 150 million UST from the Curve 3pool. Within minutes, wallets allegedly linked to Jane Street pulled another 85 million UST from the same liquidity pool.

Snyder argues this information was not public at the time and suggests Jane Street acted with advance knowledge of Terraform’s move. The lawsuit describes the activity as an effort to “rig the market” during one of crypto’s most dramatic crashes.

Jane Street has denied any wrongdoing. The firm reportedly maintains that Terra’s collapse was the result of mismanagement and fraud by Terraform’s own leadership, not insider trading.

Communication Channels Under ScrutinyThe complaint also claims that a former Terraform employee who later joined Jane Street maintained contact with Terraform insiders. The lawsuit suggests that sensitive internal discussions may have been shared through private communication channels.

Jump Trading, another major trading firm, is also mentioned. Snyder has previously sued Jump, alleging it had secret agreements to help support UST before its collapse.

Terra’s Fall and the AftermathTerraform, founded by Do Kwon, collapsed in May 2022 after UST lost its dollar peg. The crash wiped out more than $40 billion in market value and triggered widespread losses across the crypto industry. Terraform later filed for bankruptcy, and Kwon was sentenced to prison in the United States.

Rising Bitcoin Exposure Raises EyebrowsAdding to the controversy, Jane Street has sharply increased its exposure to Bitcoin through MicroStrategy shares. The firm reportedly boosted its MSTR holdings by 473% in a single quarter, now holding over 951,000 shares valued at about $124 million.

The timing has drawn attention in crypto circles, especially as some online commentators have previously accused large institutions of influencing Bitcoin price moves around key trading hours.

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World Liberty Financial price is testing the $0.10 support zone after USD1 briefly lost its peg amid claims of a coordinated attack.

Summary

WLFI fell to its lowest recent intraday level as USD1 briefly depegged. The team says no funds were compromised and the peg was quickly restored. The $0.10 level is now critical for short-term price direction. World Liberty Financial (WLFI) token was trading at $0.1084 at press time, down 4.8% over the past 24 hours, marking its lowest intraday level in recent sessions.

The pullback adds pressure on the token, which had been trying to stabilize during the wider crypto market downturn. WLFI is still up 7.8% over the past week, but remains down 38% over the past month.

Spot market activity has increased. WLFI recorded $192 million in 24-hour trading volume, up 27% from the previous day. In contrast, derivatives data from CoinGlass shows futures volume down 21% to $435 million, while open interest fell 8.6% to $255 million, suggesting some traders are trimming positions.

USD1 briefly slips below peg  The volatility followed a temporary depeg of USD1 on Feb. 23. The stablecoin dropped to around $0.994, a deviation of roughly 0.6%, with some exchanges briefly showing deeper dips during peak volatility. It recovered quickly, returning close to $1 within minutes to hours.

WLFI described the episode as a coordinated attack. According to the team, several co-founders’ X accounts were compromised, misleading information was circulated online, and large short positions were opened against the WLFI token to benefit from panic selling.

A coordinated attack was launched against USD1 this morning. 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…

— WLFI (@worldlibertyfi) February 23, 2026 In a public statement, WLFI said no smart contracts or user wallets were affected. The team attributed the fast recovery to USD1’s full 1:1 backing in U.S. dollars and cash equivalents, along with its mint-and-redeem design.

Although the peg was restored quickly, the brief disruption appears to have weighed on the WLFI governance token.

World Liberty Financial price technical analysis The daily chart shows WLFI retesting the $0.10–$0.105 area, a clear psychological support zone. Just above this level, a number of daily closes are clustered, suggesting short-term buying interest. 

WLFI daily chart. Credit: crypto.news The price is trading below the 20-day moving average and embracing the lower Bollinger Band. This configuration indicates short-term bearish control. The bands expanded sharply during the depeg event, reflecting a volatility spike. 

Structurally, the chart shows a sequence of lower highs and lower lows since the January peak near $0.18–$0.19. The current downward trend was confirmed by the breakdown below the previous consolidation support at $0.13.

Near 40, the relative strength index is below neutral but not significantly oversold. Although a technical bounce is possible, momentum is in favor of sellers. Further declines toward $0.085–$0.09 could be triggered by a daily close below $0.10.

With the 20-day average serving as the first upside test, a significant move regaining $0.11 and pushing the RSI back toward the 45–50 zone would indicate the possibility of a short-term recovery.

On-chain data shows the Bitcoin short-term holders continue to capitulate as they are realizing net losses of $0.48 billion every day.

Bitcoin Short-Term Holder Net Realized Profit/Loss Is Notably Red According to data from on-chain analytics firm Glassnode, the Net Realized Profit/Loss has been negative for the Bitcoin short-term holders recently. This indicator measures, as its name suggests, the net amount of profit or loss that BTC investors are harvesting through their selling.

The version of the metric that’s of relevance here specifically tracks this for the short-term holders (STHs), a BTC investor cohort that includes only buyers from the last 155 days.

Statistically, the longer an investor holds onto their coins, the less likely they become to sell them in the future. Since the STHs represent the new entrants into the market, their resilience tends to be low, and they may take part in panic selling during market volatility.

Recently, Bitcoin has faced a major drawdown and the STHs have naturally reacted to it. Below is the chart shared by Glassnode that shows how the 7-day exponential moving average (EMA) of the Net Realized Profit/Loss has fluctuated for this group during the recent volatility.

The value of the metric seems to have plunged in recent months | Source: Glassnode on X As is visible in the graph, the Bitcoin STH Net Realized Profit/Loss saw a deep plunge into the negative territory during the price downturn that followed the October high, implying realized losses notably outweighed the profits. In January, the metric recovered toward the neutral mark as the market saw an uplift, but the price drawdown since the end of the month has again taken the indicator to a highly red level.

On February 6th, the STH Net Realized Profit/Loss fell to a value of -$1.24 billion per day, notably lower than the red peak observed last year. Since this low, the metric has risen a bit and today, it’s sitting at -$0.48 billion per day. “While the intensity has cooled, the broader regime still signals a market under pressure, with participants in the base formation phase continuing to capitulate,” explained the analytics firm.

In some other news, the Bitcoin Coinbase Premium Gap has been negative recently, as highlighted by CryptoQuant author IT Tech in an X post.

Looks like the value of the metric has remained negative since a while now | Source: @IT_Tech_PL on X The Coinbase Premium Gap tracks the difference between the Bitcoin spot price listed on Coinbase (USD pair) and that on Binance (USDT pair). From the chart, it’s apparent that the metric has maintained at red values since mid-December, indicating that Coinbase users have been applying a higher amount of selling pressure than Binance traders.

Coinbase is mainly used by US-based investors, especially the large institutional entities, so this trend can be a sign that there isn’t much demand for BTC among them right now.

BTC Price Bitcoin has been slipping deeper as its price is now trading around $64,000.

The trend in the price of the coin over the last five days | Source: BTCUSDT on TradingView Featured image from Dall-E, chart from TradingView.com

CME’s shift to nonstop derivatives access may accelerate institutional migration away from traditional crypto exchanges, according to the Chief Commercial Officer of XBTO. Feb 24, 2026, 7:05 a.m.

Bitcoin BTC$63,083.82, once hailed as an anti-establishment asset and antithesis to Wall Street, may now bend to sharp traders from those same floors.

Trading in the leading cryptocurrency is steadily shifting toward CME Group, and the exchange’s move to 24/7 derivatives later this year could cement its role as the dominant venue for institutional crypto risk.

STORY CONTINUES BELOW

The change removes one of the last advantages held by crypto exchanges: nonstop market access.

“You'll see more traditional hedge fund managers getting more into the asset class, because they'll be able to trade it on instruments they know, without having to upgrade their tech or move their signals,” Karl Naim, Chief Commercial Officer at XBTO, told CoinDesk. “Why would they want to take a counterparty risk of an entity they don't know?”

CME already leads regulated bitcoin futures markets by open interest, and its contracts underpin much of the hedging activity tied to U.S. spot ETFs. Until now, however, trading paused over the weekend, producing the well-known “CME gaps” and leaving institutional investors unable to adjust positions while offshore exchanges continued operating.

Around-the-clock trading removes that constraint. Institutions that once relied solely on exchange-traded funds (ETFs) or avoided weekend exposure will be able to hedge continuously, tightening arbitrage windows between prices for regulated futures and offshore perpetual swaps.

As those gaps disappear, so too does the need for large allocators to maintain exposure on crypto exchanges simply for access. For institutions that prioritize regulatory clarity and established clearinghouses, CME begins to look less like an alternative and more like the default.

Even crypto exchange executives are aware of this. In January, OKX President Hong Fang wrote in a CoinDesk op-ed that crypto derivatives trading could one day rival or even surpass spot volumes on major global exchanges, making U.S. regulated volatility markets an even stronger anchor for bitcoin price discovery worldwide.

Institutions calling the shotsFor Naim, the shift reflects a broader evolution in how capital enters bitcoin. What began as a grassroots activism by retail traders chasing BTC as an alternative to Wall Street has flipped upside down, with traditional institutions now calling the shots.

“Today we speak to a lot of the sovereigns, a lot of the institutions. They go for what they know,” he said, describing allocators that first accessed the asset through spot ETFs before considering more complex strategies.

With institutional positioning carrying more weight, bitcoin’s short-term direction increasingly reflects global risk sentiment.

“If [Trump attacks Iran], obviously what we're going to see is that it's going to be all risk off,” Naim said, referring to a potential forced regime change in Iran by the U.S. “Gold already started rallying. Equities will go down. Bitcoin will go down.”

In that framework, bitcoin behaves less like a standalone crypto trade and more like a macro instrument, priced alongside equities and commodities rather than apart from them.

Naim acknowledged the irony.

“Bitcoin was all about decentralization,” he said.

But as institutional capital scales and liquidity consolidates within regulated clearinghouses, the infrastructure surrounding the asset is becoming increasingly centralized — because institutional money chases risk assets, not risky platforms.

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Polymarket bettors put $3 million on which crypto firm ZachXBT will expose next

31 minutes ago

Solana app Meteora leads the odds at 43% after the blockchain investigator teased a "major" insider-trading probe set for release on Wednesday.

What to know:

A Polymarket prediction market on which crypto company ZachXBT will accuse of insider trading has drawn nearly $3 million in volume ahead of his promised February 26 report.Traders currently see Solana-based liquidity platform Meteora as the leading candidate at about 43% odds, with Axiom, Pump.fun, Jupiter and MEXC trailing at lower probabilities.While shifting odds reflect where thousands of bettors are willing to risk money, the market prices speculation rather than evidence and offers no confirmed insight into ZachXBT's investigation.

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Bitcoin took a beating yesterday. The world’s biggest cryptocurrency tumbled under $63,000 as traders freaked out about President Trump’s tariff threats hitting global trade and economic growth. Markets got pretty messy fast.

The selloff started overnight when word spread that the Commerce Department might drop more tariff news soon. Bitcoin led the crypto bloodbath on February 24, dragging down everything from Ethereum to smaller altcoins. Investors didn’t want to stick around to see how bad things could get. The whole crypto market cap shed billions as fear took over. And it wasn’t just digital assets – traditional markets felt the heat too as traders worried about what aggressive trade policies might do to international business relationships and supply chains.

Things got ugly quick.

Fidelity Investments, one of the big institutional players in crypto, said they’re watching the situation closely. A company rep told reporters on February 23 that they haven’t changed their strategy yet, but they’re keeping tabs on how the tariff drama unfolds. “We’re monitoring developments but maintaining our long-term approach,” the spokesperson said during a brief call with financial media.

The Chicago Mercantile Exchange saw Bitcoin futures volume spike as traders rushed to hedge their bets. Some folks are betting on more pain ahead, while others think this dip creates a buying opportunity. It’s basically chaos out there. CME data shows futures activity jumped nearly 30% compared to last week’s average, with most of the action happening in the early morning hours when Asian markets opened.

Bitcoin miners are feeling the squeeze too. When prices drop this hard, mining operations start losing money fast. Smaller outfits might have to shut down rigs if Bitcoin can’t bounce back soon. The math just doesn’t work when electricity costs eat up all your profits.

But here’s where it gets interesting – Glassnode reported that Bitcoin is actually flowing off exchanges. On February 23, they tracked significant outflows, which usually means retail investors are moving coins to cold storage. People seem scared but they’re not selling everything. They’re just hiding their Bitcoin in personal wallets instead of leaving it on trading platforms. For more details, see Bitcoin Crashes Below K as Trump.

Binance confirmed the trading frenzy. A company spokesperson said volume surged about 20% on February 24 compared to the previous week. “We’re seeing intense activity as traders react to price swings,” they noted. That’s pretty typical when Bitcoin gets volatile – everyone wants in on the action, whether they’re buying the dip or cutting losses.

The SEC hasn’t said a word about any of this. Their silence on crypto regulation during trade policy chaos leaves everyone guessing. No guidance means more uncertainty, which crypto markets hate. Traders want to know if regulators might step in or change rules while everything’s already shaky.

MicroStrategy, which owns tons of Bitcoin, stayed quiet too. The company didn’t announce any changes to their massive crypto holdings. CEO Michael Saylor has been pretty vocal about Bitcoin in the past, but he’s keeping his mouth shut during this selloff. Maybe they’re just riding it out like they always do.

Coinbase saw crazy trading action yesterday. The exchange said users were both buying and selling like mad, with the sub-$63,000 price level attracting bargain hunters and nervous sellers alike. “We’re processing high volumes as customers adjust positions,” a Coinbase rep said.

Tesla hasn’t commented on their Bitcoin stash either. Elon Musk used to move crypto markets with his tweets, but he’s been radio silent lately. His company still holds Bitcoin from their 2021 buying spree, but nobody knows if they’re thinking about selling or buying more. This follows earlier reporting on Bitcoin falls below ,000 after trumps.

The Bitcoin Fear and Greed Index crashed into “Extreme Fear” territory on February 23. When this indicator hits those levels, it usually means traders expect more pain ahead. The index measures social media sentiment, trading volumes, and other factors to gauge market mood. Right now, that mood is pretty dark.

Grayscale Investments isn’t budging on their Bitcoin Trust strategy. A spokesperson said February 24 that they’re sticking with their long-term plan despite the market mess. “Our investment outlook remains unchanged,” they told reporters. Grayscale manages billions in crypto assets, so their steady approach might calm some nerves.

The Commerce Department’s tariff hints keep hanging over everything. Until there’s clarity on trade policy, Bitcoin probably stays jumpy. Traders are basically playing a guessing game with billions of dollars on the line.

The Federal Reserve’s upcoming monetary policy meeting on March 15 adds another layer of uncertainty for crypto investors. Interest rate decisions historically impact Bitcoin’s price movements, with higher rates often pushing investors toward traditional assets. Several Wall Street analysts warned that combining trade tensions with potential rate hikes creates a perfect storm for digital assets.

Meanwhile, institutional adoption continues despite the volatility. BlackRock’s Bitcoin ETF recorded $2.3 billion in trading volume on February 24, suggesting institutional money isn’t fleeing entirely. The ETF launched just months ago but already ranks among the most actively traded funds. Professional traders seem willing to weather short-term storms for long-term crypto exposure.

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Dogecoin started a fresh decline below the $0.10 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.0950 and $0.10.

DOGE price started a fresh decline below the $0.10 level. The price is trading below the $0.0950 level and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.0958 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it stays below $0.10 and $0.1020. Dogecoin Price At Risk of Downside Break Dogecoin price started a fresh decline after it closed below $0.1020, like Bitcoin and Ethereum. DOGE declined below the $0.10 and $0.0950 support levels.

The price even traded below $0.0932. A low was formed near $0.0909, and the price is now showing bearish signs. There was a recovery wave above $0.0925, but the price stayed below the 38.2% Fib retracement level of the downward move from the $0.0974 swing high to the $0.0909 low.

Dogecoin price is now trading below the $0.0950 level and the 100-hourly simple moving average. There is also a key bearish trend line forming with resistance at $0.0958 on the hourly chart of the DOGE/USD pair.

If there is a recovery wave, immediate resistance on the upside is near the $0.0925 level or the 50% Fib retracement level of the downward move from the $0.0974 swing high to the $0.0909 low. The first major resistance for the bulls could be near the $0.0955 level and the trend line. The next major resistance is near the $0.0975 level.

Source: DOGEUSD on TradingView.com A close above the $0.0975 resistance might send the price toward the $0.10 resistance. Any more gains might send the price toward the $0.1020 level. The next major stop for the bulls might be $0.1050.

Downside Break In DOGE? If DOGE’s price fails to climb above the $0.0958 level, it could continue to move down. Initial support on the downside is near the $0.0910 level. The next major support is near the $0.090 level.

The main support sits at $0.0880. If there is a downside break below the $0.0880 support, the price could decline further. In the stated case, the price might slide toward the $0.0832 level or even $0.0820 in the near term.

Technical Indicators

Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level.

Major Support Levels – $0.0910 and $0.0900.

Major Resistance Levels – $0.0955 and $0.0975.

Analysts warn that bitcoin's prolonged failure to break above its current range is tilting the technical outlook toward the bears.Updated Feb 24, 2026, 5:28 a.m. Published Feb 24, 2026, 5:18 a.m.

Macro jitters from an emerging AI disruption trade are compounding crypto-native weakness, with majors posting 8-11% weekly losses across the board.

Bitcoin slid to around $62,900 on Tuesday, down 2.1% on the day and 7.5% on the week, extending a grinding move lower that has so far refused to produce either a clean breakdown or a strong bounce.

STORY CONTINUES BELOW

The price action has pinned the market inside the $60,000-to-$70,000 band that formed after the Feb. 5 flush — a range that is starting to feel less like a base and more like a holding pattern waiting for a catalyst.

Altcoins are faring worse. Ethereum traded near $1,829, down 8% on the week. XRP fell 10.8%, Solana's SOL shed 11.3%, and dogecoin dropped nearly 10%. The underperformance across majors reflects a market where risk appetite is shrinking toward bitcoin and even that bid is thinning.

CryptoQuant flagged sell-side pressure among altcoins at five-year highs, suggesting holders are actively distributing into a market where buyers remain scarce outside of the largest cap.

That kind of structural selling tends to grind prices lower without the dramatic liquidation candles that attract dip buyers, making it a slower bleed that is harder for momentum traders to position around.

FxPro chief market analyst Alex Kuptsikevich said in an email bitcoin's recent attempt at recovery is shaping up as consolidation rather than reversal. He pointed to a bearish pennant forming on the daily chart, noting that a move below the mid-$65,000 area would confirm downside continuation while a break above $70,000 would invalidate the pattern.

More broadly, he described the $60,000-to-$70,000 range as historically significant — a zone that acted as the ceiling for the entire 2021 cycle and now appears to be serving as a battlefield between long-term accumulators and newer holders cutting losses.

AI fears return Adding to the pressure is a macro dynamic that has nothing to do with crypto directly but is draining the same pool of risk capital.

A Citrini Research report flagged an emerging "AI scare trade" this week, warning of widespread economic disruption from artificial intelligence across delivery, payments, and software sectors. The note triggered selling in tech-adjacent equities as investors reassessed which companies benefit from AI adoption and which face displacement risk.

That kind of broad risk recalibration tends to hit crypto on a lag. Digital assets don't always sell off in lockstep with equities, but they are sensitive to the same shifts in liquidity and positioning that drive risk-off moves — and right now, the mood in both markets is pointing the same direction.

Bitcoin is now 48% below its October all-time high and sitting 5.5% below its 2021 peak of $69,000. The longer it trades in this range without reclaiming higher ground, the more the technical picture tilts toward the bears.

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Jane Street faces claims of insider trading that sped up Terraform's 2022 collapse: WSJ

3 minutes ago

Jane Street has denied the allegations as a "desperate" and "baseless" attempt to extract money.

What to know:

Terraform Labs' bankruptcy administrator has sued high-frequency trading firm Jane Street, alleging it used insider information to front-run trades that accelerated the 2022 collapse of TerraUSD and luna.The lawsuit claims a Jane Street-linked wallet withdrew 85 million TerraUSD from Curve3pool minutes after Terraform quietly pulled 150 million UST, helping trigger the stablecoin's loss of its dollar peg and a $40 billion market wipeout.Jane Street has denied the allegations as a "desperate" and "baseless" attempt to extract money.

Bitcoin fell below the $63,000 level during Asian trading hours, extending overnight weakness as tariff policy changes and artificial intelligence concerns dampened investor sentiment.

The world’s largest cryptocurrency by market value was trading at about $63,485 at the time of writing and is now down 7.2% for the week.

Prices are hovering near levels last seen on Feb. 6, when the token nearly dropped to $60,000.

Market participants linked the move to broader risk-off behavior across financial assets.

US stocks declined after President Donald Trump said he would impose temporary 15% tariffs on imports, raising the rate from the 10% announced earlier following a Supreme Court decision that struck down his previous tariff strategy.

Investors have also been selling shares of companies viewed as vulnerable to artificial intelligence disruption.

Matt Howells-Barby, vice president at Kraken, Pro Trader, and host of Trading Spaces, said in a CoinDesk report: “Similar to equities, Bitcoin has had a sharp pullback today, driven largely by renewed tariff-related uncertainty, similar to the events of April 2025. Furthermore, ratcheting geopolitical tensions could likely prove bearish for BTC in the short-term.”

He added that the $60,000 level is a key support that traders are watching. “If that level fails to hold, we could potentially see a move into the mid-to-low $50K range,” he noted.

Technical signals point to possible further downsideHistorical trading patterns suggest the cryptocurrency may not have reached a market bottom yet.

Bitcoin has rarely bottomed until the 50-week average price crosses below the 100-week average price, a formation commonly referred to as a “bear cross.”

This signal marked the end of major bear markets in both 2022 and 2018.

Currently, the 50-week average price remains well above the 100-week average, indicating the bearish crossover has not yet occurred.

Analysts speaking at Consensus Hong Kong told CoinDesk that, if historical trends hold, prices could slide further toward $50,000 or lower before a capitulation phase occurs.

The crossover is considered a lagging indicator, confirming declines already in place rather than predicting future price movements.

Liquidations mount as broader crypto market weakensThe downturn triggered heavy liquidations across the derivatives market.

According to CoinGlass data, total liquidations over the past 24 hours totaled $368.96 million, with $274.47 million in long positions and $94.49 million in short positions.

Weakness spread across the broader cryptocurrency market, which fell 1.6% over the same period, bringing its total market capitalization to $2.2 trillion.

Major tokens followed Bitcoin lower.

Ethereum dropped 1.5% to $1,834 after analysts warned it could face a deeper correction if prices remain below $2,000.

Solana declined 0.7% to around $77.13, while XRP slipped 0.28% to $1.33.

Sentiment indicators reflected rising caution among traders.

Retail sentiment toward Ethereum moved into “extremely bearish” territory over the past day, while sentiment for Solana and XRP remained in the “bearish” zone.

Jane Street has denied the allegations as a "desperate" and "baseless" attempt to extract money.Updated Feb 24, 2026, 5:34 a.m. Published Feb 24, 2026, 5:32 a.m.

High-frequency trading powerhouse Jane Street is accused of insider trading that accelerated the downfall of crypto project Terraform Labs in 2022, which destroyed billions in investor wealth.

Todd Snyder, the administrator winding down Do Kwon’s Terraform Labs, has sued Jane Street, seeking damages from its co-founder Robert Granieri, and employees Bryce Pratt and Michael Huang, according to a report by Wall Street Journal.

STORY CONTINUES BELOW

Snyder has accused the trading firm of using material nonpublic information from Terraform insiders to front-run trading that sped up Terraform’s demise. That means trading on private, price-swinging facts before they're public and then jumping ahead of big orders to pocket profits first.

"Jane Street abused market relationships to rig the market in its favor during one of the most consequential events in crypto history,” Snyder said in a statement.

“On behalf of injured parties, we will pursue all avenues supported by the facts and the law against those who exploited their position and reaped substantial profits at the expense of Terraform Labs’ creditors.

Terraform Labs was a Singapore-based blockchain company founded in 2018 by Do Kwon and Daniel Shin, best known for creating the Terra blockchain, it's native token luna and the algorithmic stablecoin TerraUSD (UST). The company filed for bankruptcy in January 2024, with a wind down trust taking control later that year. Do Kwon was sentenced 15-year prison after pleading guilty to two criminal counts in August. 

The stablecoin lost its 1:1 USD peg in May 2022 and within days the luna token also crashed to zero. The result: An astonishing $40 billion in market cap evaporated in just one week, leading to massive wealth destruction worldwide. It also led to collapse of other crypto companies who had an exposure to the project.

It all started on May 7 with Terraform quietly withdrawing 150 million TerraUSD from decentralized stablecoin-focused trading platform Curve3pool. The lawsuit alleges that within 10 minutes, before Terraform informed anything to the public, a wallet linked to Jane Street also withdrew 85 million TerraUSD from the same pool. This supposedly triggered the market panic.

Kwon clarified on the following day that the 150 million withdrawals was mean to move coins to a new liquidity pool for stablecoins, but it was too late.

Then, On May 9, with TerraUSD starting to slip, Jane Street's Pratt fired off a group chat to Kwon and team, floating offers to buy bitcoin or Luna. Kwon shot back that Jump's co-founder Bill DiSomma should have clued them in earlier about Terraform's fundraising push.

Jan Street has called the lawsuit an attempt to extract money from the trading firm while vowing to defend vigorously against "baseless, opportunistic claims."

"This desperate suit is a transparent attempt to extract money when it is well-established that the losses suffered by Terra and Luna holders were the result of a multibillion-dollar fraud perpetrated by the management of Terraform Labs,” said a spokesman for Jane Street."

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ETH, SOL, XRP extend losses as AI scare trade unsettles risk markets

17 minutes ago

Analysts warn that bitcoin's prolonged failure to break above its current range is tilting the technical outlook toward the bears.

What to know:

Major cryptocurrencies have fallen 8-11% over the past week, with bitcoin stuck in a grinding decline around $62,900 and confined to a $60,000-to-$70,000 trading range.Altcoins are underperforming bitcoin as sell-side pressure hits five-year highs, leading to a slow, grinding downturn that lacks the sharp liquidation events that typically attract dip buyers.A broader risk-off shift tied to an emerging "AI scare trade" in equities is weighing on crypto markets, and analysts warn that bitcoin's prolonged failure to break above its current range is tilting the technical outlook toward the bears.

3 mins mins

WLFI USD1 coordinated attack: what happened and why peg recoveredaccording to CoinCentral, USD1 briefly slipped to roughly $0.994 amid a reported WLFI USD1 coordinated attack that combined social-media disinformation with a short seller attack. The outlet notes the depeg was short-lived as the price rapidly normalized back toward $1.

As reported by TheStreet, the company said a coordinated hack-and-short attempt failed and the stablecoin’s dollar peg was restored. Coverage described an effort to profit from volatility rather than a breach of core systems, with the incident contained to market and messaging dynamics.

What USD1 is and how BitGo-backed peg mechanism worksUSD1 is a dollar-referenced stablecoin that seeks price stability through fully collateralized reserves and a mint-and-redeem process that anchors secondary-market pricing to $1. When liquidity providers can create or redeem units against dollar collateral, arbitrage incentives help pull the market price back to par.

Based on TipRanks, USD1’s reserves are held via BitGo, and the redemption function played a pivotal role during the stress event. In practice, trading below $1 can prompt redemptions and arbitrage purchases, contracting circulating supply and lifting price toward the peg. These mechanics are standard market-structure defenses that reduce the impact of short-term dislocations.

A company spokesperson framed the episode as a stress test of operational resilience. WLFI spokesperson David Wachsman said, “Hackers and paid disinformation campaigns attempted to undermine trust in WLFI, but our battle-tested infrastructure and systems operated exactly as they should.”

BingX: a trusted exchange delivering real advantages for traders at every level.

Why this incident matters for stablecoin risk and trustThe episode underscores that stablecoin risk extends beyond on-chain code and reserve composition to off-chain vectors such as social-account compromises and rumor propagation. It illustrates how narrative shocks can test liquidity, redemption access, and operational communications in real time.

It also highlights the centrality of redeemability, market depth, and transparent custodial arrangements in maintaining confidence. Clear disclosures around collateral quality, custody chains, and settlement timelines can help market participants evaluate whether a depeg reflects structural weakness or transient order-flow pressure.

At the time of this writing, based on data from CoinGecko, USD1 traded close to its $1 target, with about $2.6 billion in daily volume and a market capitalization near $5.0 billion. These figures provide context for scale and liquidity without implying any investment view.

Key facts versus unverified claims in WLFI’s accountCoinness reported that cofounder social media accounts were compromised during the incident, while core reserves and contracts were not reported breached. SQ Magazine noted a brief stablecoin depeg below $1 followed by a rapid peg recovery, consistent with redemption-driven normalization.

Unverified: paid influencers and short seller attack size evidenceFinancial Times highlighted that claims about “paid influencers” and the magnitude of short positioning were alleged without published evidence and therefore remain unverified. Independent proof of payments or position sizes had not been provided at the time of reporting.

FAQ about WLFI USD1 coordinated attackWeex reported compromises were limited to co-founders’ social accounts; no compromise of reserves or smart contracts was reported.

How did the mint-and-redeem mechanism help USD1 recover its peg after the depeg?Redeemability creates arbitrage: below $1, holders buy and redeem for $1 collateral, contracting supply and lifting price toward the peg.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Ethereum prices have tanked to bear market lows and are currently at a long-term demand zone, say analysts. 

“Ethereum is sitting at a 5-year demand zone,” said analyst Merlijn The Trader on Monday. “Historically, this range has been accumulation, not distribution,” he added.

Ether prices are currently back at April 2025 levels, where it crashed briefly below $1,500. They are also back to long-term lows between July 2022 and November 2023, which was a deep bear market and accumulation zone. However, they could wallow around this level for months yet.

Nevertheless, the analyst remains confident that “momentum is building for a potential explosive run.”

ETHEREUM IS SITTING AT A 5-YEAR DEMAND ZONE.

Perfect entries don’t exist.

Historically, this range
has been accumulation, not distribution.

You don’t need the exact bottom.
You need exposure before expansion.

Big bases don’t drift.
They reprice. pic.twitter.com/0TQ23J2Lnx

— Merlijn The Trader (@MerlijnTrader) February 23, 2026

Ethereum is a long-term investment Investor ‘StockTrader Max’ said that Ethereum is no longer a “get rich quick” asset that turned early holders into millionaires overnight. They also observed that ETH was still in a five-year accumulation zone.

“If you own ETH to make a lot of money by next week or month, then you will likely be disappointed. Ethereum is an asset that should be held in many portfolios with a time horizon of years and NOT months.”

Fellow analyst ‘Sykodelic’ identified a “nice hidden bullish divergence printed on the weekly chart.” A hidden bullish divergence is when the RSI (relative strength index) makes a lower low, but the price makes a higher low. “It means that momentum was actually stronger, but price absorbed it better,” they said before adding:

“The last time this happened, ETH rallied 100%.”

“Crypto has a lot of tailwinds, but the price action is terrible,” said Fundstrat’s Tom Lee.

His Ethereum DAT BitMine continues to buy the dip and stake, adding a further 51,162 ETH over the past week, according to a Monday update.

You may also like: Crypto Funds Bleed Again: 5 Weeks of Outflows Show Deepening Investor Fatigue Vitalik Buterin Accelerates ETH Sales Amid Renewed Market Weakness Inside Vitalik Buterin’s Wallet: How Much Ethereum (ETH) Does He Actually Own? “In the midst of this ‘mini crypto winter,’ our focus continues to be on methodically executing our treasury strategy and steadily acquiring ETH and, in turn, optimizing the yield on our ETH holdings,” he said.

ETH Price Dips Again Ether could not hold above $1,900 and has fallen back to $1,830 at the time of writing during the Tuesday morning Asian trading session.

The asset is now not far away from its Feb. 6 low and does not appear to be ready for a move to the upside yet, despite all of the positive fundamentals.

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Journalist

Posted: February 24, 2026

Tokens from high-growth ecosystems dominated early 2026 conversations.

Year-to-date, Sui recorded the highest Token Volume among major Layer 1 networks.

From the 1st of January to the 22nd of February, SUI reached $43.4 billion in cumulative volume. That surpassed TRX at $35.8 billion and ADA at $32.4 billion.

That gap mattered.

Capital rotated aggressively into SUI rather than dispersing across competitors. Investors positioned where liquidity deepened. The concentration signaled conviction.

Was this short-term rotation, or something more structural?

Token Volume leadership Sui [SUI] led 2026 in Token Volume, and the margin stood out.

Outpacing established Layer 1 competitors signaled conviction. For instance, surpassing networks like Cardano and Avalanche reflected decisive capital allocation. Traders chose engagement.

Source: X

Strong hands appeared to absorb the supply consistently.

Elevated trading activity unfolded alongside steady positioning. As a result, liquidity is concentrated rather than dispersed.

Moreover, leadership in Token Volume reflected real participation. It signaled preference. It suggested that capital flowed toward ecosystems showing momentum and clarity.

Network activity surges past major Layer 1 rivals SUI Network Activity did not crawl upward. It surged. New account creation accelerated over recent days. The expansion was sharp and visible.

Fresh participants entered with purpose.

Source: X

As seen in the data, user inflows aligned with rising Token Volume.

Therefore, engagement deepened structurally. This was not background noise. It was an expansion. Meanwhile, this growth pattern suggested investors were positioning early.

Ecosystem strength often preceded broader recognition.

Is rapid account growth signaling a breakout year for SUI? Rapid account expansion often preceded broader ecosystem recognition.

When Token Volume and new accounts grew simultaneously, momentum tended to build. The structure strengthened.

Looking ahead, SUI’s leadership in Token Volume, combined with sustained Network Activity, suggested deliberate positioning.

Should participation hold at current levels, the ecosystem could command sustained capital attention.

Momentum formed. Structure supported it. The next phase would determine durability.

Final Summary Sui led 2026 year-to-date Token Volume at $43.4B, ahead of TRX ($35.8B) and ADA ($32.4B). Liquidity is concentrated in SUI rather than dispersing across major Layer 1 competitors.

XRP price extended losses and traded below $1.350. The price is now consolidating losses but faces hurdles near $1.3650 and $1.3760.

XRP price started another decline and traded below the $1.3450 zone. The price is now trading below $1.350 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $1.4250 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.40. XRP Price Extends Losses XRP price failed to stay above $1.3880 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.3750 and $1.3650 to enter a short-term bearish zone.

The price even extended losses below $1.3450. A low was formed at $1.3275, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $1.4244 swing high to the $1.3275 low.

The price is now trading below $1.350 and the 100-hourly Simple Moving Average. If there is a fresh recovery move, the price might face resistance near the $1.3650 level. The first major resistance is near the $1.3750 level or the 50% Fib retracement level of the downward move from the $1.4244 swing high to the $1.3275 low.

The main resistance could be $1.40. A close above $1.40 could send the price to $1.4250. There is also a key bearish trend line forming with resistance at $1.4250 on the hourly chart of the XRP/USD pair.

Source: XRPUSD on TradingView.com The next hurdle sits at $1.4450. A clear move above the $1.4450 resistance might send the price toward the $1.4840 resistance. Any more gains might send the price toward the $1.50 resistance. The next major hurdle for the bulls might be near $1.5150.

Downside Break? If XRP fails to clear the $1.3750 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.3275 level. The next major support is near the $1.3200 level.

If there is a downside break and a close below the $1.3200 level, the price might continue to decline toward $1.3050. The next major support sits near the $1.30 zone, below which the price could continue lower toward $1.2840.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.

Major Support Levels – $1.3275 and $1.3200.

Major Resistance Levels – $1.3650 and $1.3750.

Strategy Inc. (NASDAQ:MSTR) Executive Chair Michael Saylor shared his thoughts Monday on the “strongest argument” against Bitcoin (CRYPTO: BTC) and why he rejects it. Saylor Claims Investors Wary Of BTC's Novelty Speaking to Bitcoin influencer Natalie Brunell, Saylor argued that the strongest opposition to Bitcoin stems from its novelty.

Stablecoin reserves on the world’s largest crypto exchange, Binance, have fallen back to levels not seen since October amid a crypto liquidity drought, according to CryptoQuant.

The stablecoin reserves are down 18.6% since November, dropping around $10 billion from $50.9 billion to current levels of $41.4 billion, said CryptoQuant analyst Darkfost on Monday.

Stablecoin reserves on exchanges “typically adjust based on investor demand,” and crypto “liquidity dynamics can be proxied through stablecoin flows,” the analyst noted.

Despite the decline, Binance still accounts for roughly 64% of total stablecoin reserves across all exchanges. 

However, when a platform of this scale begins to reflect such a shift in investor behavior, “it becomes a signal worth monitoring,” they cautioned. 

“For the market to stabilize, a renewed inflow of stablecoins will likely be required to reverse the current liquidity trend.” Binance stablecoin reserves have declined 18.6% in three months. Source: CryptoQuantCrypto liquidity drought continues A contraction in exchange stablecoin reserves generally means that investors are removing liquidity from crypto markets by converting back to fiat rather than leaving stablecoins on the sidelines for re-entry. 

“One of the key headwinds currently weighing on the space is the lack of incoming liquidity,” commented Darkfost, who cautioned that “from a broader cross-market liquidity perspective, conditions are unlikely to improve in the near term.”

The total stablecoin market capitalization has plateaued at just over $300 billion since October, according to DeFiLlama. This has followed two years of solid gains that saw 150% increases in stablecoin circulation. 

The last time the stablecoin market cap saw significant declines was in mid-2022 during the bear market that followed the Terra/Luna collapse, and they did not recover until November 2023, 18 months later. 

Total stablecoin market cap plateaus after two years of solid growth. Source: DeFiLlamaFed rate reduction in March unlikely Liquidity is also highly influenced by US interest rates, and policymakers do not appear to be ready for another reduction.  

Federal Reserve Governor Christopher Waller said on Monday he was open to leaving rates on hold at the March meeting if upcoming February labor market data indicates “pivoting to a more solid footing,” reported Reuters. 

CME futures markets currently predict a 95.5% probability of rates remaining unchanged in March, further adding to crypto market liquidity woes. 

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The court-appointed administrator leading crypto company Terraform Labs through its bankruptcy has sued trading firm Jane Street, accusing it of insider trading that worsened the collapse of the multibillion-dollar Terra ecosystem.

On Monday, Todd Snyder, Terraform’s court-appointed administrator, sued Jane Street, its co-founder Robert Granieri, and employees Bryce Pratt and Michael Huang in a Manhattan federal court, accusing them of “misappropriating confidential information and manipulating market prices.”

The heavily redacted complaint claimed Jane Street used connections with “Terraform insiders to learn material non-public information” about the company and used the information to sell off tokens tied to the Terra blockchain that worsened its collapse.

An excerpt of Todd Snyder’s complaint, including redactions. Source: CourtListenerJane Street told Cointelegraph it will defend itself over the “baseless, opportunistic claims.”

“This desperate suit is a transparent attempt to extract money when it is well-established that the losses suffered by Terra and Luna holders were the result of a multi-billion dollar fraud perpetrated by the management of Terraform Labs,” the firm said.

Terraform collapsed in May 2022 after its token, TerraUSD, an algorithmic stablecoin, lost its peg to the US dollar, leading to a death spiral that also saw the Terra token collapse and wipe out $40 billion.

Terraform filed for bankruptcy in the US in 2024 and its co-founder, Do Kwon, was later arrested and pleaded guilty in the US to two fraud charges. He was sentenced to 15 years in prison in December.

Jane Street sold at “precisely the right time” before collapse, suit claimsSnyder’s lawsuit claimed Jane Street got information that allowed it to sell off “hundreds of millions of dollars in potential exposure at precisely the right time, mere hours before the Terraform ecosystem collapsed.”

According to the suit, Jane Street onboarded Terraform for trading in 2018, but its trading of Terra tokens “did not take off” until 2022, after Pratt, a former Terraform intern, reestablished communication with his old teammates.

Pratt also set up communications with Terraform’s business development lead, which Jane Street used as “a back-channel source for material non-public information about Terraform,” Snyder claimed.

The lawsuit said that on May 7, 2022, Terraform withdrew 150 million TerraUSD tokens from a liquidity pool for trading stablecoins without publicly announcing the move.

Within 10 minutes of Terraform’s withdrawal, Snyder claimed Jane Street sold 85 million TerraUSD into the same liquidity pool, which was its largest-ever single swap that kicked off a fire sale of the token that “ultimately led to the collapse of the Terra ecosystem.”

The lawsuit alleged that Jane Street continued to use sensitive information to inform trades of the TerraUSD stablecoin as it was collapsing to garner more profits, with Pratt setting up a group chat with Kwon.

Snyder is seeking damages from Jane Street, along with disgorgement and interest, at a jury trial.

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Bitcoin continues to struggle below the $65,000 level as persistent selling pressure weighs on market sentiment. Price action has remained fragile in recent weeks, with volatility elevated and traders showing limited conviction amid tightening liquidity conditions and broader macro uncertainty. While intermittent rebounds have occurred, they have so far failed to establish sustained upside momentum, leaving Bitcoin locked in a cautious consolidation phase below a key psychological threshold.

A recent CryptoQuant report highlights a notable structural development involving StrategyB, formerly known as MicroStrategy. It has now been more than six years since the company began its Bitcoin accumulation strategy, targeting roughly 5% of the asset’s total supply. The initiative, driven by CEO Michael Saylor — one of Bitcoin’s most vocal long-term advocates — reflects a conviction that BTC could eventually surpass the $1 million mark over time.

To pursue this objective, StrategyB has executed what many consider the largest dollar-cost averaging program in Bitcoin’s history, notably without selling any BTC since inception. Annual investment figures illustrate the scale of this effort: $1.1 billion in 2020, $2.57 billion in 2021, $276 million in 2022, $1.9 billion in 2023, $21.9 billion in 2024, $22.4 billion in 2025, and $4.1 billion so far in 2026.

According to the report, 2025 marked a record year for StrategyB in terms of capital deployed, with more than $22.4 billion invested into Bitcoin accumulation. The data suggests that 2026 is currently following a comparable trajectory. If this pace continues, the firm could surpass last year’s record, further consolidating its position as one of the largest institutional holders of BTC.

Strategy USD Amount Invested | Source: CryptoQuant At present, Bitcoin is trading below StrategyB’s estimated realized price, which sits near $76,000. This metric reflects the company’s average acquisition cost across its holdings. StrategyB reportedly holds approximately 717,131 BTC, equivalent to around 3.4% of Bitcoin’s circulating supply. Such concentration highlights the scale of institutional participation now embedded in the market structure.

However, the interpretation of this data requires caution. Trading below a large holder’s realized price does not automatically imply undervaluation; realized price is a cost-basis metric, not a valuation model. Market conditions, liquidity flows, and macroeconomic variables remain dominant drivers of price direction.

Still, the broader takeaway is notable: even major institutional participants often rely on relatively simple accumulation strategies such as dollar-cost averaging. Whether that approach proves optimal in current conditions depends on individual risk tolerance, time horizon, and broader market context.

Bitcoin’s weekly structure has deteriorated materially over the past several sessions. After failing to sustain acceptance above the $90,000–$100,000 region, price rolled over and has now retraced toward the mid-$60,000 area. The latest weekly close near $66,000 places BTC decisively below the 50-week and 100-week moving averages, both of which are beginning to slope downward.

BTC testing critical demand level | Source: BTCUSDT chart on TradingView This shift in positioning is technically significant. During the 2024–2025 advance, these moving averages acted as dynamic support, consistently absorbing pullbacks and reinforcing trend continuation. Their loss now converts them into overhead resistance, limiting upside unless reclaimed with strong volume confirmation.

The 200-week moving average, currently tracking near the mid-$50,000 zone, remains the last major structural support on this timeframe. Historically, sustained closes below the 50-week average following a cycle peak have signaled prolonged corrective phases rather than shallow consolidations.

Volume has expanded during the recent breakdown, suggesting distribution rather than simple low-liquidity drift. The sharp selloff from the $90,000 region to sub-$70,000 levels reflects decisive supply entering the market.

For bulls to regain control, BTC would need to reclaim the $75,000–$80,000 range and reestablish higher weekly highs. Until then, the weekly trend favors caution, with momentum tilted toward continued consolidation or further downside exploration.

Featured image from ChatGPT, chart from TradingView.com