Market Signal Briefing

Key takeaways:

A minor 4.3% Bitcoin price increase to $69,600 could trigger over $600 million in forced liquidations for bearish traders.

Rising network hashrate and the BIP-360 quantum security proposal are helping to diminish long-term technical concerns.

Bitcoin (BTC) has remained confined within a relatively tight range of $65,900 to $70,500 over the past week. This stagnation has encouraged bearish traders, particularly as other major asset classes displayed resilience. However, even if Bitcoin requires months to reclaim the $90,000 level, excessive bearish confidence could trigger a wave of forced liquidations in futures positions, rapidly shifting momentum back to the bulls.

Bitcoin futures liquidation heatmap estimate, USD. Source: CoinGlassAccording to CoinGlass estimates, a price rally to $69,600 would force the liquidation of over $600 million in short BTC futures. For context, when Bitcoin climbed from $60,200 to $70,560 on Feb. 6, short liquidations totaled $385 million. Currently, a mere 4.3% move upward from the $66,700 level could deliver an even more significant blow to those betting on further declines.

Bulls may also find a catalyst in weakening macroeconomic data. The US reported sluggish gross domestic product growth for the fourth quarter of 2025, with an annualized rate of 1.4% falling short of the 2.9% analysts expected, per Yahoo Finance. This slower economic activity negatively impacts corporate earnings outlooks, typically reducing investor appetite for stock market exposure.

Meanwhile, underlying US inflation rose more than anticipated in December, dampening hopes for near-term interest rate cuts. The US personal consumption expenditures price index, excluding food and energy, increased by 0.4% month over month. As the S&P 500 loses bullish steam, investors may be forced out of their comfort zones to seek higher returns in onchain markets.

S&P 500 futures (left) vs. gold/USD (right). Source: TradingViewEscalating Middle East tensions may prompt investors to seek alternative hedges, particularly after gold prices rallied 25% in just three months. Gold’s market capitalization has climbed to a staggering $35.2 trillion—nearly eight times larger than Nvidia (NVDA US), which sits at $4.6 trillion. 

As Bitcoin trades approximately 47% below its all-time high, the risk-reward profile for the cryptocurrency may become increasingly attractive to macro traders. For now, Bitcoin bears retain control, as evidenced by the lack of demand for long positions in the futures market.

BTC perpetual futures annualized funding rate. Source: Laevitas.chThe BTC perpetual futures funding rate has failed to stay above the 6% neutral threshold over the last two weeks. More telling is the recent stretch of negative funding rate, suggesting that bears are committed to their positions even as Bitcoin retests the $66,000 support level. Regaining conviction remains a hurdle for the bulls, who witnessed $1.6 billion in liquidations during the three-day crash that started on Feb. 6.

Recovering hashrate and BIP-360 progress strengthen Bitcoin network securityWhile some of Bitcoin’s recent weakness was attributed to network security concerns, those risks are now dissipating.

Bitcoin network 7-day hashrate estimate, exahashes/sec. Source: HashrateIndexThe seven-day average hashrate has recovered to 1,100 exahashes per second, matching levels from late January. Earlier fears that miners were abandoning the network to pivot toward the artificial intelligence sector have proven premature, as the industry shows remarkable resilience.

Furthermore, the introduction of BIP-360 has addressed much of the uncertainty surrounding quantum computing threats. This proposal outlines a framework for post-quantum protection through a backwards-compatible soft fork. By removing the vulnerable key-path spend found in Taproot, the proposal hides public keys onchain until the moment of spending. 

This technological roadmap provides a clear path for bulls to regain the narrative, potentially forcing a short squeeze that could propel Bitcoin back above $70,000.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.

XRP continues to maintain its macro bullish structure despite experiencing a deeper corrective move than initially anticipated. Although price action has tested lower levels, it has not confirmed a higher-timeframe breakdown, suggesting the pullback is still part of a broader consolidation within an ongoing uptrend rather than a full trend reversal.

XRP Dips Deeper, But HTF Level Still Holds In a recent XRP update, Hov noted that price action pushed deeper toward the lows than what would typically be acceptable for the previously considered diagonal scenario. The move forced a reassessment of the short-term structure. Despite that deeper sweep, the broader setup has not completely broken down.

Importantly, XRP has yet to produce a higher-timeframe close below the critical support level. Price is holding the area by a narrow margin, and as long as a decisive HTF breakdown is avoided, the broader bullish structure cannot be invalidated.

Given the recent price behavior, Hov adjusted the corrective count, labeling the structure as a sideways combination correction within a larger-degree Wave 4. The pullback delivered a precise tag of the 50% retracement level, adding technical confluence to the idea that this could be a mature corrective phase rather than the start of a broader reversal.

Source: Chart from Hov on X The next key development to watch is a clear five-wave advance from the recent low. XRP has already shown a clean micro five-wave structure off the bottom; something many other altcoins are lacking, as they continue to print overlapping three-wave moves instead. That relative structural strength keeps the bullish case alive.

A sustained push toward the $2 region in a confirmed Wave 5 would increase confidence that a durable low is in place. From there, analysts would look for a controlled wave 3 retracement into support as confirmation, signaling that the market is preparing for continuation rather than a deeper breakdown.

Technical Structure Remains Firmly Bullish XRP continues to maintain a technically bullish posture despite recent consolidation. Price action has pulled back, but the broader structure has not shifted into bearish territory. Momentum may have cooled, yet the underlying trend remains constructive.

According to Steph Is Crypto, the key level to monitor is the 200-week moving average. As long as XRP holds above that long-term indicator, the macro uptrend remains intact. In previous market cycles, sustained bearish phases often began after a decisive break below this level, something that has not occurred in the current setup.

At present, XRP appears to be consolidating within a broader bullish framework, meaning the structure still favors upside continuation unless proven otherwise. Trend dynamics have not flipped, and until major support gives way, the long-term outlook stays technically positive.

XRP trading at $1.41 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Peakpx, chart from Tradingview.com

The $24 billion RWA market gets a one-of-a-kind boost via Dubai’s XRP-powered real estate market transition.

Market Sentiment:

Bullish Bearish Neutral

Published: February 20, 2026 │ 8:25 PM GMT

Created by Kornelija Poderskytė from DailyCoin

With the global crypto markets still in a very cautious mode, the quiet Ripple (XRP) tokenization process carries on in an unprecedented magnitude. In the United Arab Emirates (UAE), the Dubai Land Department (DLD) joined forces with the digital tokenization firm Ctrl Alt to open secondary trading for 7.8 million tokens tied to objects in the area.

Dubai’s Luxury Estates End Up On XRP ChainPreviously, this XRP Ledger-based tokenization platform opened real-world asset (RWA) trading for 10 objects in Dubai, cumulatively representing $5 million in valuation. Now, the second phase is set to test this newly-furbished real-estate market’s market efficiency, including on-demand liquidity, governance & XRP investor protection devices.

Thrilled to see Phase Two launch for Dubai @Land_Department Real Estate Tokenization Project! Building on the pilot, controlled secondary market trading is now live for tokenized properties on the XRP Ledger, secured by @Ripple Custody via our partner @CtrlAltCo

This is massive…

— Reece Merrick (@reece_merrick) February 20, 2026 All transactions on the secondary RWA market are to be executed only on Ripple’s XRP Ledger, while crypto custody is taken care of by Ripple. In the second phase of this Dubai real-estate tokenization project, Crtl Alt, the infrastructure partners, will dish out RWA management tokens that can be seamlessly affixed to the real estate projects.

$24B RWA Market Anticipates Clarity Act VerdictReshaping the real estate ownership model in Dubai, Ripple’s regulatory win the Dubai Land Department (DLD) attributes to the growing $24 billion Real World Asset (RWA) market, heavily boosted by stablecoin adoption – including Ripple’s own RLUSD stablecoin. Launched last year, the RLUSD is presented as a compliance-first stablecoin.

Garnering $1 billion in market cap two months into launch, RLUSD gave Ripple enough power to apply for a traditional banking license in the United States, but the outcome mostly relies on one factor – the Clarity Act. With the fate of this stablecoin-focused crypto bill being discussed behind closed doors in Washington, the timing could be decisive.

Ripple’s CEO Brad Garlinghouse expects the negotiations to bear fruit in the progress of The Digital Asset Market Clarity Act by the end of March, 2026. Many market connoisseurs are giving 90% chance of that to happen, but some further amendments had drawn push-back from other crypto industry figures, making this prediction slightly on the optimistic side.

Stay in the loop with Dailycoin’s top crypto news now:
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People Also Ask:What is Dubai’s latest move with real estate tokenization?

Dubai Land Department launched Phase Two today (February 21, 2026). It enables controlled secondary market trading for tokenized property shares.

Which blockchain is used?

Notably, all on-chain transactions run on the XRP Ledger (XRPL). Tokens are secured by Ripple Custody through partner Ctrl Alt.

What was achieved in the pilot phase?

Previously, the pilot version tokenized 10 properties worth over $5 million (AED 18.5 million). It issued about 7.8 million tokens.

Why does this matter for XRP and XRPL?

It marks a major real-world asset (RWA) adoption milestone. A Ripple executive called it a massive step for tokenized real estate in Dubai.

DailyCoin's Vibe Check: Which way are you leaning towards after reading this article?

Market Sentiment

100% Bullish

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are trading flat, with both meme coins compressed in symmetrical triangles signaling imminent 10-15% moves in either direction. Dogecoin's Coiled Spring DOGE's Parabolic SAR flipped below price at $0.09562—the first constructive signal in weeks suggesting the $0.083 capitulation low may have marked bottom.

Vitalik Buterin is building a "cypherpunk principled non-ugly ethereum" as part of his future vision for the largest onchain ecosystem.

In response to a post on X arguing that Buterin "should let the original ethereum die a slow and painful death by fragmentation (tempo, reth, l2s, app chains, institutions, etc) and rebuild it as a cypherpunk chain from first principles on risc v just to show who was the boss," Buterin responded:

"I'm actually trying to do something even more ambitious: Create ‘cypherpunk principled non-ugly ethereum’ as a bolt-on to the present-day system, in a way that's as tightly integrated and interoperable as possible, and then grow it over time, in the mean time making sure ethereum itself gains the cypherpunk and simplicity properties that just necessarily have to be system-wide (eg. censorship resistance, zk prover friendliness, consensus properties)."

FOCIL inclusion The statement comes on the heels of the controversial Fork-Choice Enforced Inclusion Lists (FOCIL) mechanism being officially "scheduled for inclusion" by Ethereum devs on Thursday for the upcoming Hegota hard fork. FOCIL was named as the consensus-layer (CL) headliner for Hegota, which is scheduled for late 2026, following the next Glamsterdam hard fork in the coming months, during Thursday’s All Core Devs call.

FOCIL, entered as EIP-7805, is essentially a bid to ensure Ethereum remains censorship-resistant at the protocol level by forcing validators to include all transactions. It does this by enabling committees of Ethereum validators to enforce transaction inclusion in blocks via fork-choice rules and inclusion lists (IL).

If a proposed block ignores valid transactions from the committee's ILs — including transactions that may violate OFAC sanctions — the chain forks away from it, guaranteeing that any valid, public-mempool transaction gets included within a bounded number of slots.

FOCIL has been a controversial proposal, and was previously excluded from inclusion in Glamsterdam. Critics argue it could create legal ramifications for Ethereum validators and increase protocol complexity. Still, FOCIL, alongside other protocol improvements, is key to Buterin’s vision for the future of a more cypherpunk and "harder" Ethereum.

Harder Ethereum In another X post, Buterin noted that FOCIL pairs well with EIP-8141, an account abstraction upgrade also as part of Hegota that would enable native support for smart wallets, multisig, quantum-resistant keys, and gas-sponsored privacy transactions without wrappers.

"With EIP-8141 (AA), transactions from smart wallets, privacy protocols, etc, could be sent *through a public mempool, and directly received by a FOCIL includer*, no wrappers, ‘public broadcasters’, or other intermediaries required," Buterin wrote. "Ethereum is going hard."

Both upgrades are part of the Ethereum Foundation's trilateral goals of scaling, hardening, and simplifying the Ethereum base layer, as laid out in a recent blog outlining "protocol priorities for 2026."

"Harden the L1 is a new track, and it reflects something we think deserves dedicated focus: making sure that as Ethereum scales and evolves, it retains the properties that make it valuable in the first place," the authors wrote.

At the same time, Buterin has also pushed to make a "lean Ethereum," by reducing technological complexity and bloat through a full network redesign. Part of this initiative is the so-called “Beam Chain” that would be ZK-native from the start by enshrining ZK-EVM proofs directly into L1 validation.

Leaner Ethereum Another part is the long-term goal of swapping out the Ethereum Virtual Machine for RISC-V as Ethereum’s native virtual machine. RISC-V supports compiling a wider range of programming languages like Solidity, Rust, and C, while offering greater ZK support, for the Ethereum execution layer, devs have argued.

All this comes months into a radical refocusing on Ethereum's base layer scalability and functionality that kicked off last year amid increasing competition from alternative chains like Solana. As part of the reorganization of the Ethereum Foundation, Buterin has become a more vocal leader of the ecosystem, seen by a willingness to back controversial and difficult decisions.

This arguably came to a head earlier this month when Buterin more or less abandoned the "rollup-centric roadmap" he had championed for years, which looked to scale Ethereum through a network of Layer 2s.

Rather than allowing Ethereum to “die a slow and painful death by fragmentation,” from other Layer 1 users of the EVM, like Tempo, or other parasitic chains, Buterin has once again affirmed a decision to build in action.

"Ethereum has already made jet engine changes in-flight once (the merge), we can do it ~4 times more! (state tree, Lean consensus, ZK-EVM verification, VM change)," he said on Friday.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

TL;DR

Bitwise CIO Matt Hougan projects Bitcoin could compound 28% annually for 10 years, versus typical 5% equity and 4% bond expectations. He says the market looks like a classic 2018 or 2022-style bear phase, reinforced by investor belief in four-year cycles and heavy retail drawdowns. Hougan cites institutional BTC and ETH accumulation, DeFi, stablecoins, and tokenization, expects a U-shaped 2026 bottom and 2027 alignment, while ETFs broaden slowly over time. Matt Hougan, CIO at Bitwise, argues Bitcoin could deliver a 28% compound annual return over the next decade, far above the roughly 5% he contrasts for equities and about 4% for bonds. The punchline is Bitcoin as a long-horizon portfolio outlier, even in a fragile tape. He framed the forecast as a potential asset-allocation disruptor, while acknowledging the current mood is still bruised. At press time, Bitcoin traded at $68,122, up 1.5% over 24 hours, a reminder that sentiment can shift quickly. He expects fundamentals to strengthen first, with valuations catching up in a phase.

https://twitter.com/BitwiseInvest/status/2024492767183868401

Why the long-term call survives a rough cycle Hougan’s optimism is paired with a sober read on where the cycle sits. He calls the current environment a classic bear market, echoing the 2018 and 2022 crypto winters. Speaking about market structure, he said crypto still appears to follow a four-year cycle, even if prior catalysts like halving events or large industry failures may matter less than before. In his view, cycles persist because investors expect them, and positioning around the timeline reinforces the pattern. The result is self-fulfilling behavior that can extend drawdowns. That framing sets expectations for patience, not instant V-shaped recoveries.

He argues the cycle pressure is visible in who is holding and who is hurting. Institutions kept accumulating Bitcoin and Ethereum through late 2025 while many retail participants absorbed steep losses. Hougan noted numerous altcoins are down 70% or more from prior highs, and extreme fear readings suggest the downturn began earlier than many expected. Yet he maintains that weaker prices do not automatically mean weaker fundamentals. Instead, he points to steady building and usage as the market reprices risk, a dynamic that can look ugly before it clears. For allocators, that gap is actionable.

On fundamentals, Hougan points to expanding DeFi, stablecoins, and tokenized real-world assets, plus major digital-asset efforts at BlackRock and tokenization strategies at Apollo. His base case is a slow U-shaped recovery: 2026 as a bottoming year, with 2027 bringing prices closer to strengthening fundamentals. He expects ETFs to widen gradually beyond Bitcoin and Ethereum, but with institutional capital concentrated in leading assets or index-style products. He also said forced selling by corporate holders like MicroStrategy would likely require a prolonged 80% decline. Regulatory clarity may still take years. He frames crypto as a 10-to-15-year transformation.

The tokenized shares were issued by the BNP Paribas' AssetFoundryTM platform using a "permissioned access model on Ethereum."

TL;DR:

Ethereum is trading in the ninth decile of drawdowns, a level that historically precedes annual returns of 81%. BitMine faces $7 billion in unrealized losses but is doubling down with new massive purchases. Analysts project a V-shaped recovery similar to the eight correction cycles recorded since 2018. On Friday, two main topics captured investors’ attention: Ethereum’s price and BitMine’s predictions. Currently, the asset is struggling to hold below the psychological barrier of $2,000, leaving the majority of its holders in the red.

https://twitter.com/BitMNR/status/2024518687143731679

While the scenario is 100% bearish, BitMine maintains a defiant and optimistic stance, backed by on-chain valuation metrics. Data from Fundstrat reveals that Ethereum’s realized price stands at $2,241, implying that the asset is trading at a significant discount compared to its average acquisition cost.

Essentially, the quantitative analysis confirms that the cryptocurrency has entered the “ninth decile” of extreme drawdowns. Generally, when Ethereum reaches these oversold levels, it tends to experience a solid recovery with an 87% success rate over the following twelve months.

BitMine’s Strategy Amid Market Capitulation Far from reducing its exposure in the face of a $7 billion unrealized loss, BitMine appears to be doubling its bet. Recently, the firm acquired an additional 10,000 ETH through Kraken, adding to previous purchases of 35,000 units on platforms such as BitGo and FalconX.

The firm’s chairman, Tom Lee, maintains that severe corrections are an intrinsic feature of Ethereum’s history. Since 2018, the asset has overcome eight declines of over 50%, consistently achieving dynamic V-shaped rebounds that reward the patience of large-scale accumulators.

In short, the firm’s confidence is not based solely on sentiment, but on the statistical opportunity offered by current prices. If history repeats itself in 2026, the current inflection point could represent one of the best entry windows of the last decade.

Bitcoin has until the end of the year to recover, or the Power Law will be invalidated.

The Power Law model isn't a prophecy. It's a time-based regression that treats Bitcoin's long-run price path as a power curve, and the “deadline” talk centers on a rising floor. Better yet, a lower band that rises every day, regardless of the price.

If Bitcoin chops sideways or sells off through the fall, that floor eventually catches up to price, creating the first headline break of a model that's held for the asset's entire history.

As of mid-February 2026, Newhedge's live Power Law tracker shows the central trendline near $121,733 and the floor near $51,128.

Bitcoin trades around $67,000 as of press time, well above the floor, but far below the trend.

The floor isn't static. Because the model is anchored to time since Bitcoin's genesis block on Jan. 3, 2009, and grows roughly to the power of 5.8, the floor drifts upward by about 0.093% per day, or roughly $47 per day at current levels.

By Oct. 1, the floor is projected to be around $62,700. By Oct. 31, it hits approximately $64,400. By year-end, it reaches $68,000.

That means if Bitcoin stays flat near $67,000 through the fall, the floor catches it by mid-December. Any serious dip below the mid-$60,000s in the fourth quarter turns into a “first break” narrative.

The model in plain EnglishThe Bitcoin Power Law family of charts fits the asset's long-run price trajectory to a power curve in time, often visualized as a straight line on a log-log plot.

Newhedge frames it as a long-term log-log power-law model and attributes it to astrophysicist Giovanni Santostasi, with prices growing roughly to the power of 5.8 over time.

Most versions aren't single lines, but corridors. A central regression represents “trend” or “fair value,” and parallel upper and lower rails act as “resistance” and “support.”

Santostasi frames his Power Law Theory as an attempt to describe Bitcoin as a scale-invariant growth system and argues that it is scientific and falsifiable.

That framing matters. If the model is falsifiable, it needs a pre-committed rule, such as a weekly close below the floor for a specified number of weeks. Without that rule, any break can be dismissed as noise.

Why October mattersThe October deadline is shorthand for time tightening.

Because the model is time-based, the floor rises every day even if Bitcoin does nothing. That turns sideways markets into a countdown narrative. By late October, the floor enters the mid-$60,000s.

Any sustained price action below that level creates a clean headline: “Bitcoin breaks Power Law floor for the first time.”

But a floor break wouldn't “invalidate Bitcoin.” It would invalidate a specific parameterization, such as the site, bands, and data source.

It would signal a regime change relative to the historical fit, suggesting slower growth than the long-run curve implies. And it would hand critics a clean narrative. Log-log regressions can look stable in-sample but be statistically fragile.

Amdax's Tim Stolte has been a widely circulated critic on precisely these grounds, arguing that power-law fits to Bitcoin are spurious correlations driven by sample window sensitivity.

A 4-to-6% drawdown from current levels, enough to tag or break a mid-$60,000 floor, isn't exotic. It's routine volatility. One-month at-the-money implied volatility on Bitcoin recently sat around 51.77% on Feb. 10.

Deribit's DVOL explainer provides a rule of thumb for converting annualized volatility to the expected daily move: divide by the square root of 365, roughly 19. That translates to expected single-day swings in the mid-single-digit percentage range.

A sharp risk-off episode could easily push Bitcoin into the low $60,000s or below.

Fidelity's Jurrien Timmer has publicly framed roughly $65,000 as a “line in the sand” level, referencing power-law-style trend framing. That helps the story feel less like crypto numerology and more like a widely watched psychological level that happens to rhyme with the model's rising floor.

When institutional voices cite the same zone, the model's band becomes a self-fulfilling coordination point.

Chart shows Bitcoin's Power Law floor rising toward current price, projected to reach $64,400 by late October 2026.Three scenarios for the fourth quarterThere are three potential scenarios for the fourth quarter.

The first is the “chop is dangerous” frame. Even if Bitcoin is flat, the floor rises toward it. Every week of consolidation shrinks the cushion. By late October, the buffer disappears entirely if the price stays near current levels.

Second, the “volatility makes breaks plausible” frame. Mid-teens monthly move magnitudes are normal given the current implied volatility. A 4-to-6% drawdown is not an outlier event.

If Bitcoin gaps down on a macro surprise or on accelerated ETF outflows, the floor gets tested immediately.

Third, the “mainstream anchor” frame. The mid-$60,000s keep showing up not just in power-law charts but in institutional commentary. That makes the zone a coordination point.

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When enough participants treat a level as significant, it becomes significant through reflexivity.

The model ignores drivers, yet drivers determine where Bitcoin trades within the channel. Two variables matter most: ETF flow regime and risk-off volatility bursts.

Bitcoin has recently been trading in an environment where ETF demand is discussed as cooling or turning. US spot Bitcoin ETFs drove the rally from late 2023 through early 2024, but flows have moderated.

If outflows accelerate or inflows stall, the marginal bid weakens.

Additionally, recent sharp downside moves have been tied to broader risk sentiment, such as equity market stress, inflation surprises, and geopolitical shocks.

Those are exactly the regimes that create “gap risk” relative to a smooth trendline. The power-law model assumes continuous compounding. Real markets have discontinuities.

Use the image_prompt18:48Bitcoin's current 31% cushion above the Power Law floor shrinks to zero by mid-December if price remains flat.What a break would meanA floor break would not “invalidate Bitcoin.” It would invalidate a specific parameterization, signal a regime change versus the historical fit, or hand critics a clean narrative.

Log-log regressions can look stable in-sample but be statistically fragile. They're vulnerable to spurious correlation risk, sensitivity to sample window, and overfitting.

However, the debate is becoming scientific again.

A recent academic preprint from February 2026 agrees that the Bitcoin price is approximately power-law-in-time but finds a different slope, roughly 4.2, on 2011-to-February-2026 data.

The paper argues that “activity-warped time,” which adjusts the time axis for volatility and transaction volume, improves fit and out-of-sample performance. Even sympathetic research sees parameter instability.

The power-law model isn't wrong. It's a first-order approximation that evolves as the system matures.

DatePower Law Floor (proj.)BTC level that would avoid a floor break (≈ floor)Cushion if BTC = $67,000 (USD / %)Headline risk tagNow (mid-Feb 2026)$51,128$51,128+$15,872 / +31.1%LowOct 1, 2026$62,700$62,700+$4,300 / +6.9%MediumOct 31, 2026$64,400$64,400+$2,600 / +4.0%HighMid-Dec 2026 (catch-up under flat BTC)~$67,000~$67,000$0 / 0.0%HighDec 31, 2026$68,000$68,000–$1,000 / –1.5%HighWhat to watchDistance-to-floor, updated weekly, is the cleanest tracker. Whether “break” means a wick, a daily close, or a weekly close should be defined upfront.

Volatility regime matters: if implied vol pops, the probability of a floor tag rises mechanically. ETF flow headlines and macro risk-off episodes are the “why now” drivers that would push prices into the testing range.

Model disagreement itself is worth tracking. Different parameterizations produce different floors.
Some use the genesis block as the starting point. Others anchor to the first exchange price. Some refit annually. Others hold parameters fixed.

Those choices create meaningful divergence. A break on one chart might not show up on another.
The October deadline isn't a prophecy. It's a mechanical consequence of a time-based regression. The floor rises every day.

If Bitcoin chops sideways or sells off, the floor catches up. By late October, the cushion disappears.

Whether that matters depends on whether you believe the model has predictive power or is just a curve-fitted historical artifact. Either way, the next eight months will provide a clean test.

Mentioned in this articlePosted in

Abu Dhabi’s playing the long game on Bitcoin, comparing the apex digital asset to gold.

Market Sentiment:

Bullish Bearish Neutral

Published: February 20, 2026 │ 6:07 PM GMT

Created by Kornelija Poderskytė from DailyCoin

Abu Dhabi government-linked investment funds have reportedly purchased about $1 billion worth of Bitcoin, a move that lands as U.S.-listed Bitcoin ETFs are seeing fresh redemptions and traders debate whether another leg down is brewing.

Abu Dhabi Funds increased its bitcoin position by 46% to $1 Billion. As we've said–institutions are buying while retail is selling.

The old HODL meme remains undefeated–simple but not easy.

Earlier this week, it was also revealed via 13F filings that Jane Street was the… pic.twitter.com/h0afjoxFaq

— Cam Stromme (@21Bullish) February 18, 2026 The reported allocation, circulating in the crypto press, would rank among the larger sovereign-associated spot buys in recent quarters. Details remain thin, including which funds were involved and whether the exposure was acquired directly in spot markets or via intermediaries.

A Sovereign-Sized UAE Bid Meets a Jittery TapeThe timing is striking.

Sponsored

Bitcoin ETFs in the U.S. logged roughly $133 million in net outflows in the latest session referenced by industry reports, with sentiment gauges still parked in “extreme fear.” That combination—large, headline-grabbing buying on one side and steady de-risking on the other—has kept intra-day moves choppy and conviction fragile.

🇦🇪ABU DHABI SEES BITCOIN SIMILAR TO GOLD

The Abu Dhabi Investment Council says it is building an allocation to Bitcoin, calling it “a store of value similar to gold.” pic.twitter.com/SeWJ0vTAWS

— Coin Bureau (@coinbureau) February 18, 2026 Derivatives markets are also flashing big caution. Options positioning described by market watchers suggests traders are paying up for downside protection around a potential retest of the $60,000 level, implying that even bulls are hedging the possibility that spot demand won’t be enough to keep prices pinned above key supports.

What To Watch: Confirmation, Flows & HedgesFor the Abu Dhabi story to matter beyond a single-day bounce, investors will want confirmation and follow-through: signs of additional official-sector accumulation, or at least evidence that the reported purchase was not a one-off tactical trade. Absent that, ETF flows are likely to remain the cleanest public read on marginal U.S. demand.

In the near term, the push-pull between ETF redemptions and large discretionary buyers could widen ranges rather than establish a clear trend.

If outflows persist while options markets continue to lean defensive, sellers may test the market’s willingness to defend$60,000; if flows stabilize, a sovereign-scale bid could become the narrative that shifts risk appetite back toward BTC accumulation.

Discover DailyCoin’s trending crypto scoops today:
Analyst Warns XRP Could Slide Below $1 as Geopolitics Heat Up
Third White House Meeting Fails to Solve Stablecoin Yield Dispute

DailyCoin's Vibe Check: Which way are you leaning towards after reading this article?

Market Sentiment

100% Bullish

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Key points:

Bitcoin bulls are struggling to sustain the intraday rallies, indicating that every minor rise is being sold into.

Select major altcoins are showing weakness, signaling a drop to their strong support levels.

Bitcoin (BTC) bulls pushed the price above $68,300 but are struggling to maintain the higher levels. BTC is likely to record its fifth consecutive red monthly candle in the absence of a major rally in the next few days. That is the longest losing streak since 2018/19 when BTC fell for six successive months. A minor positive for the bulls is that the losing streak in 2018/19 was followed by a 131.6% rally over the following five months, per CoinGlass data.

Another indicator signaling a possible rally to the upside is the Bollinger Bands. According to crypto analyst Dorkchicken, the monthly Bollinger Bands are at their “tightest” level on record. All previous such instances have resulted in a bullish breakout, except the breakdown to $16,000 from $20,000 in 2022.

Crypto market data daily view. Source: TradingViewAlthough signs point to a possible up move, traders should keep a close watch on BTC exchange-traded funds (ETFs) flows to gauge institutional activity. US spot BTC ETFs have recorded $403.9 million in net outflows this week, according to SoSoValue data. Unless Friday witnesses sharp inflows, reversing losses of the past three days, the ETFs are on track for a five-week outflow streak. A sustained recovery may be difficult without institutional participation.

Could buyers push BTC and select major altcoins above their overhead resistance levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

Bitcoin price predictionBTC bulls have maintained the price above the immediate support at $65,118, indicating demand at lower levels.

BTC/USDT daily chart. Source: Cointelegraph/TradingViewBuyers will have to push the Bitcoin price above the 20-day exponential moving average ($71,247) to gain the upper hand. If they manage to do that, the BTC/USDT pair may climb to the breakdown level of $74,508. Sellers are expected to aggressively defend the $74,508 level, as a break above it suggests the pair may have formed a short-term bottom. The pair may then ascend to the 50-day simple moving average ($82,258).

Sellers will have to yank the price below the $65,118 level to signal strength. The pair may then retest the Feb. 6 low of $60,000, which is likely to attract solid buying by the bulls.

Ether price predictionEther (ETH) has been consolidating between the $1,750 and the $2,111 level, indicating uncertainty about the next directional move.

ETH/USDT daily chart. Source: Cointelegraph/TradingViewThere is minor support at $1,897, but if the level cracks, the ETH/USDT pair may drop to the $1,750 support. Buyers are expected to fiercely defend the $1,750 level, as a close below it may sink the pair to $1,537.

The bulls will be back in the driver’s seat on a close above the $2,111 resistance. If they can pull it off, the Ether price may rally to the 50-day SMA ($2,665). Sellers may again attempt to halt the recovery at the 50-day SMA, but if the buyers prevail, the pair may surge to $3,045.

XRP price predictionThe failure of the bulls to push XRP (XRP) above the 20-day EMA ($1.50) suggests a lack of demand at higher levels.

XRP/USDT daily chart. Source: Cointelegraph/TradingViewThe XRP/USDT pair may slide to the support line, which is a crucial level to watch out for. If the XRP price turns up sharply from the support line and breaks above the 20-day EMA, it suggests that the pair may remain inside the descending channel for some more time. Buyers will have to pierce the downtrend line to signal a short-term trend change.

Contrarily, a break and close below the support line indicates that the bears are in command. The pair may then tumble to $1.11 and subsequently to $1.

BNB price predictionBNB (BNB) has been gradually sliding toward the $587 to $570 support zone, indicating that the bears are in control.

BNB/USDT daily chart. Source: Cointelegraph/TradingViewIf the BNB price turns down and skids below the support zone, the BNB/USDT pair may start the next leg of the downtrend to the psychological level at $500.

This bearish view will be negated in the near term if the bulls push the price above the $669 resistance. If that happens, the pair may surge to the breakdown level of $730 and then to the 50-day SMA ($797). Such a move suggests that the pair may have bottomed out in the short term.

Solana price predictionSolana (SOL) bulls are attempting to maintain the price above the immediate support at $76, but the bounce lacks strength.

SOL/USDT daily chart. Source: Cointelegraph/TradingViewThat heightens the risk of a break below the $76 level. If that happens, the SOL/USDT pair may plummet to the Feb. 6 low of $67. Buyers are expected to mount a strong defense at the $67 level, as a close below it may sink the pair to $50.

The first sign of strength will be a break and close above the breakdown level of $95. That indicates the bears are losing their grip. The Solana price may then rally to the 50-day SMA ($114).

Dogecoin price predictionBuyers are attempting to push Dogecoin (DOGE) above the 20-day EMA ($0.10), but the bears have held their ground.

DOGE/USDT daily chart. Source: Cointelegraph/TradingViewA minor positive in favor of the bulls is that they have not given up much ground to the bears. That increases the possibility of a break above the 20-day EMA. If that happens, the DOGE/USDT pair may rally to the breakdown level of $0.12.

Contrary to this assumption, if the Dogecoin price turns down and breaks below $0.09, it suggests that the bulls have given up. That might sink the pair to the critical $0.08 support. 

Bitcoin Cash price predictionBitcoin Cash (BCH) has slipped below the 20-day EMA ($548), indicating that the bears are attempting to take charge.

BCH/USDT daily chart. Source: Cointelegraph/TradingViewIf the Bitcoin Cash price sustains below the 20-day EMA, the BCH/USDT pair may plummet to the next major support at $500. Buyers are expected to vigorously defend the $500 level, as a close below it may open the doors for a fall to the vital support at $443.

The bulls will have to push and maintain the price above the 50-day SMA ($575) to signal strength. The pair may then jump to $600 and later to $631. Buyers are expected to encounter aggressive selling in the $631 to $670 zone.

Hyperliquid price predictionHyperliquid (HYPE) bounced off the 50-day SMA ($27.89) on Thursday, indicating that the bulls are buying on dips. 

HYPE/USDT daily chart. Source: Cointelegraph/TradingViewBuyers will have to drive the Hyperliquid price above $32.50 to seize control. The HYPE/USDT pair may then pick up momentum and surge to the $35.50 to $38.42 resistance zone.

On the contrary, if the price turns down from the 20-day EMA ($30.01) and breaks below the 50-day SMA, it suggests that the bulls are losing their grip. The pair may then slump toward the $20.82 support, where buyers are expected to step in. 

Cardano price predictionBuyers are struggling to push Cardano (ADA) above the 20-day EMA ($0.28), but a minor positive is that they have not ceded much ground to the bears.

ADA/USDT daily chart. Source: Cointelegraph/TradingViewThe bulls will again attempt to drive the Cardano price above the 20-day EMA. If they succeed, the ADA/USDT pair may march toward the stiff overhead resistance at the downtrend line. Buyers will have to achieve a close above the downtrend line to signal a potential short-term trend change.

Sellers are likely to have other plans. They will strive to tug the price below the support line, indicating the resumption of the downtrend. The next stop on the downside is likely to be $0.15.

Monero price predictionMonero (XMR) has been consolidating in a downtrend, indicating that the bears have kept up the pressure.

XMR/USDT daily chart. Source: Cointelegraph/TradingViewSellers will attempt to strengthen their position by pulling the Monero price below the $309 level. If they manage to do that, the XMR/USDT pair might drop to the $276 level. Buyers are expected to defend the $276 level with all their might, as a close below it may sink the pair to $247.

On the upside, the bulls will have to drive and maintain the price above the 20-day EMA ($360) to signal strength. The pair may then climb to the 61.8% Fibonacci retracement level of $414.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.

Metaplanet denied claims of hidden activity, and maintained that all Bitcoin purchases, wallet addresses, and capital deployment decisions were publicly disclosed in real time.

Metaplanet’s CEO Simon Gerovich said claims that the firm’s disclosures are insincere are “inflammatory and contrary to the facts.” He added that over the past six months, as volatility increased, the Japanese public company allocated more capital to its income business and sold put options and put spreads, which are actively managed as option positions.

The response follows accusations circulating online questioning Metaplanet’s disclosure practices and use of shareholder funds. The claims state that Bitcoin purchases were not disclosed promptly, including a large purchase made near the September price peak using proceeds from an overseas public offering, followed by a period without updates.

Gerovich’s Defense In his latest post on X, Gerovich said part of these funds was used to purchase Bitcoin for long-term holding, and that these purchases were disclosed at the time they were made. The exec added that all BTC addresses are publicly available and can be viewed through a live dashboard, which allows shareholders to check holdings in real time. He went on to assert that Metaplanet is one of the most transparent listed companies in the world.

Metaplanet made four purchases during September and announced all of them promptly. While the month was a local peak, Gerovich stated that the company’s strategy is not about timing the market, maintaining that the focus is to accumulate Bitcoin long-term and systematically, and that every purchase is disclosed regardless of price.

On options trading, Gerovich noted the criticism stemmed from a misunderstanding of the financial statements. He said selling put options is not a bet on BTC’s price rising, but a way to acquire Bitcoin at a cost lower than the spot price through premium income. He explained that this strategy reduced effective acquisition costs in the fourth quarter. He revealed that Bitcoin per share, the company’s primary key performance indicator, increased by more than 500% in 2025.

Financial Statements And Borrowings On financial results, Gerovich clarified that net profit is not an appropriate metric for evaluating a Bitcoin treasury company. He pointed to the operating profit of 6.2 billion yen, which indicates a growth of 1,694% year over year. According to the exec, the ordinary loss comes solely from unrealized valuation changes on long-term Bitcoin holdings that the company does not intend to sell.

Three disclosures related to borrowings were made – when the credit facility was established in October, and when funds were drawn down in November and December. Borrowing amounts, collateral details, interest rate structures, purposes, and terms were disclosed. The identity of the lender and specific interest rate levels were not disclosed at the counterparty’s request, despite the terms being favorable to Metaplanet.

You may also like: Binance’s CZ Says He Played a ‘Tiny’ Part in UAE’s Embrace of Bitcoin as Store of Value Will Crypto Markets React to $2B Bitcoin Options Expiring Today? Bitcoin Network Stagnation: Active Supply Plateaus as Price Volatility Fades Tags:

TL;DR

Long-term Bitcoin holders (LTHs) are showing activity levels not seen in previous cycles, according to Coin Days Destroyed (CDD) metrics. Elevated movements are partly driven by wallet migrations, technical upgrades, and institutional consolidation rather than pure selling. Improved liquidity means these transactions have less immediate market impact, reflecting a maturing ecosystem.
Recent data indicates that Bitcoin’s long-term holders have become unusually active in the current cycle. Coin Days Destroyed (CDD), a metric that tracks how long coins remain idle before moving, shows sustained high activity. Traditionally, spikes in CDD correlate with local market tops, as holders release coins accumulated over time. In the past week alone, LTHs moved over 50,000 BTC, a level rarely observed outside of major price surges. This cycle sees more consistent engagement rather than isolated bursts, suggesting a change in holder behavior compared to past bull runs. Analysts emphasize that active participation now includes both selling and technical wallet upgrades, unlike previous cycles.

Structural Factors Influence Observed Movements Not all LTH activity translates into selling pressure. Institutional consolidation, including operations by Coinbase and Fidelity Investments, has contributed to high CDD readings. Additionally, technical shifts like migrating coins to SegWit and Taproot addresses register as activity without being sold. The adoption of Bitcoin Ordinals and inscriptions has further encouraged wallet reorganization. Analysts note that nearly 20% of recently moved BTC reflects these structural adjustments, showing that high CDD numbers do not necessarily indicate supply shocks. This also suggests holders are taking advantage of new tools for safer, more efficient on-chain management.

Liquidity And Market Impact Evolve Enhanced liquidity distinguishes this cycle from prior expansions. Greater institutional participation allows large holders to move significant BTC amounts with minimal immediate effect on price. Historical patterns show LTH activity peaks near local tops, but today’s environment enables strategic rebalancing while retaining long-term positions. The current BTC price around $67,700 has remained stable despite these movements, highlighting the cushioning effect of improved liquidity. Overall, the combination of long-term holding, institutional flows, and wallet upgrades contributes to a more mature and balanced market dynamic.

In conclusion, long-term Bitcoin holders are more active than in previous cycles, but their behavior reflects a combination of strategic management, technical migrations, and institutional dynamics. The ecosystem’s maturity allows LTHs to engage without exerting the same market pressures seen in earlier bull runs, showing that active participation and long-term holding can coexist in a healthier liquidity environment, supporting long-term Bitcoin market stability.

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Bitcoin is facing a fresh downside risk due to a potential U.S. military strike on Iran, as President Donald Trump suggested. The leading crypto is also at risk of further decline, as CryptoQuant flagged weakness in key on-chain support levels.

Bitcoin At Risk As Trump Weighs Limited Strike On Iran Bitcoin and the broader crypto market are about to face additional stress amid geopolitical risks. President Trump is deliberating on a limited military attack against Iran, according to a WSJ report. The action is aimed at forcing Tehran into negotiating a nuclear agreement.

Trump said that he would decide his next Iran-related moves in 10 days. There have been numerous proposals for small- and large-scale strikes from senior aides. The U.S. has relocated F-35 and F-22 planes to the Middle East with a possible intention to strike Iran. There is also the approach of a second aircraft carrier. Those developments increase the likelihood of a larger military conflict.

The crypto Fear and Greed Index has fallen to extreme fear levels amid rising tensions between the U.S. and Iran. Bitcoin and the broader crypto market cap notably fell following earlier reports of a potential U.S.-Iran war.

Escalations between the U.S. and Iran cause Bitcoin to retest key support levels, with experts warning of a liquidation cascade if the leading crypto drops below $60,000. Data from Polymarket shows that the likelihood that Trump will attack Iran by March 31st is at 63%.

Source: Polymarket Whales Put Sell Pressure On BTC Analytics platform CryptoQuant noted that the crypto exchange whale ratio has hit an all-time high of 0.64, its highest since 2015. The top ten wallets now hold around 64% of the exchange inflows. Usually, a rise in this ratio signals increased selling pressure from large holders.

Burak Kesmeci, a CryptoQuant analyst, indicated that Bitcoin price has entered a typical bearish stage after it lost the $88,700 cost basis for new large holders. The next support zones are now defined by the realized price clusters. The closest downside level is at $58,700, while a break below this level would lead to the $54,700 realized price level.

According to separate CryptoQuant data, approximately 46% of the Bitcoin supply in circulation is in unrealized loss at this time. That is the highest level since the end of 2022 and indicates a negative sentiment. Meanwhile, On-chain analyst Willy Woo warned that BTC is just in Phase 1 of this bear market. Woo contended that this is supported by increasing volatility and a drop in liquidity.

Glassnode provided some context to the bear market outlook for Bitcoin. It said that all efforts to push the coin to $70,000 since early February have failed due to demand exhaustion. As the analytics platform revealed, realized profit of over $5 million per hour has led the price to reject the $70,000 mark.

On Feb. 20, 2026, the U.S. Supreme Court struck down President Donald Trump's sweeping “reciprocal” tariffs in a landmark 6-3 decision, sparking immediate volatility across cryptocurrency and equity markets. Market Reaction and Bitcoin's Recovery Bitcoin rebounded to $67,800 shortly after the U.S. Supreme Court struck down President Donald Trump's reciprocal tariffs.

Journalist

Posted: February 21, 2026

Every sector, including entertainment, seems to have embraced blockchain.

At press time, RaveDAO [RAVE] surged by more than 29%, emerging as the third-highest gainer among the top 200 cryptos by market cap. This spike took the weekly gains to above 45% at press time.

An earlier analysis of RaveDAO on AMBCrypto noted the crypto trading in a long-term trend reversal pattern. Now, it seems to have broken free of the pattern it was struggling to breach back then.

Can these bulls stay longer and surpass $0.65?

Key drivers of RAVE crypto A couple of factors, including holder growth, drove the day’s rally. Over the past week, the trend has been rising, hitting a peak of 45.88K from 45.75K. The increase indicated that more traders were betting on the crypto.

Source: CoinMarketCap

Additionally, attention was top. The altcoin graced the charts of top gainers in Coinbase Spot and Binance Futures. This meant that the coin was not only trending in the U.S. but also across the globe.

Its token trading volume also jumped by 300%, reaching $75 million as per CoinMarketCap data. With everything pointing north, is the current breakout confirming a trend shift?

Is RAVE’s breakout a trend-shift confirmation? On the charts, RaveDAO’s token broke free from a massive inverted heads-and-shoulders pattern and rallied past $0.50. The neckline at $0.40 was yet to be retested; hence, there was a possibility of such a revisit. The recent candlestick movement was showing it.

However, some could argue that the breakout is too strong. This could have confirmed a trend shift. Usually, the market tends to do retests, though not all the time.

Buyers were in full control and in great momentum, as seen on the Awesome Oscillator (AO). Furthermore, the Choppiness Index (CHOP), which was at 37 as of writing, confirmed the trend clarity. When CHOP is below 40, it signals one-directional movement.

Source: RAVE/USDT on TradingView

Successfully holding above $0.50, it meant there was a possibility of rallying toward $0.60 and past $0.65. Otherwise, RAVE crypto could revisit the $0.40 zone for a retest, and a breakdown below it would regard the current move as a fakeout.

Why is caution needed? Despite the dynamic nature of liquidity, much of it was forming on the downside, not above. Data showed that over the last two days, as shorts were cleared, long orders were being stacked below $0.48.

The clusters further supported the earlier idea of a potential retest. This is because liquidity below $0.48 could pull the price so as to trigger long orders, which would give it the power to surpass $0.60. Longs were densely clustered between $0.41 and $0.48.

Source: CoinGlass

The few shorts that were less dense were building between $0.53 and $0.56, indicating that the current rally could pause at that level. However, this was not an assurance, as the price can surpass that.

Final Summary RAVE crypto rallies 29% amid growth in the number of holders, volume, and attention. RAVE price faced the risk of downside since a lot of liquidity formed below $0.48.

Solana and Cardano shouldn't be tossed out with the bathwater.

Solana (SOL +3.67%) and Cardano (ADA +3.65%) declined more than 50% and 60%, respectively, over the past 12 months. High Treasury yields, expectations for fewer interest rate cuts, and more conservative institutional investing all chilled the crypto market. Leveraged liquidations also triggered waves of profit-taking among retail and institutional investors.

During that sell-off, smaller altcoins like Solana and Cardano fared worse than "blue chip" plays like Bitcoin (BTC +1.06%) and Ethereum (ETH +1.58%). However, Solana and Cardano might be worth buying before those headwinds dissipate and the crypto market recovers.

Image source: Getty Images.

What sets Solana and Cardano apart from other tokens? Solana and Cardano are both proof-of-stake (PoS) tokens like Ethereum. They can't be mined like Bitcoin, which uses the energy-intensive proof-of-work (PoW) mechanism.

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However, Solana and Cardano can be staked (locked up on their blockchains to earn interest-like rewards) and support smart contracts, which are used to develop decentralized apps and other tokenized assets. Therefore, both tokens are usually valued by the growth of their developer ecosystems rather than by their scarcity.

Solana, which has a circulating supply of 620.8 million tokens, doesn't have a supply cap. Cardano, with 36.01 billion tokens in circulation, has a maximum supply of 45 billion tokens.

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Solana and Cardano both process transactions faster than Ethereum's Layer 1 (L1) blockchain. Solana achieves this by integrating its own proof-of-history (PoH) validation mechanism (which timestamps transactions before they're validated) into its PoS blockchain. Cardano's own PoS blockchain, Ouroburos, divides its time slots more efficiently than Ethereum's L1 blockchain.

Solana, which prioritizes speed, is also faster than Cardano. However, Cardano prioritizes security and stability by requiring formal peer reviews for all projects on its blockchain.

Ethereum is still the largest developer-oriented blockchain, but Solana is the fastest-growing one. Cardano is also growing rapidly and occasionally surpasses Ethereum in raw GitHub activity across its core projects. Both Solana and Cardano have fostered numerous partnerships. Solana mainly works with financial and consumer-oriented companies, while Cardano works with more enterprise, government, education, and infrastructure clients.

Why should you buy Solana and Cardano today? Many investors likely tossed out Solana and Cardano with the market's smaller meme coins as the crypto market crashed over the past year. However, both tokens can be valued for their advantages over Ethereum and the growth of their developer ecosystems. That's why I believe both of these underdogs will recover quickly once the crypto winter ends.

Leo Sun has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana. The Motley Fool has a disclosure policy.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

With the Bitcoin price steadily trading sideways over the past few weeks, determining a buying entry has become extremely difficult. However, a key on-chain metric is now in the spotlight, providing valuable insights into the matter and allowing investors to pinpoint when to re-enter the market.

Is Buying Bitcoin Now The Right Time? The ongoing volatility across the broader cryptocurrency market has capped Bitcoin’s upside attempts, keeping it well below the $70,000 mark. In this unfavorable environment, investors and traders are watching closely for a definitive signal like a price bottom before they can reenter the market.

While investors ponder reentering the market, Joao Wedson, a market expert and founder of Alphractal, has published a chart that suggests that now is not the ideal time. After a period of bearish action, Bitcoin’s on-chain metrics are beginning to display signs of stabilization. However, a definitive buy signal has yet to emerge from the waning price performance.

The sole metric here is the Bitcoin Spent Output Profit Ratio (SOPR) Trend Signal. Currently, this metric is on a downward trend, indicating that market players are either taking lesser profits on their transactions or experiencing losses more frequently. However, for a confirmed bottom signal to occur, it must drop further below the lower dotted line on the chart, and a crossover between the metrics must take place.

Source: Chart from Joao Wedson on X Even with pockets of accumulation and recent price consolidation, the indicator that has historically signaled significant market bottoms has not been activated. Meanwhile, the expert claims that it is possible that a price bottom earlier than in past market cycles, when compared to the time often needed.

Furthermore, it is possible there may be multiple purchase signals, one for the upcoming months and another for a later stage of the cycle. In the meantime, Wedson has declared that the best strategy for reacting to the current market state is to continue monitoring the Alpha metrics.

BTC Latent Profits Are Fading Following an analysis of the Bitcoin Net Unrealized Profit/Loss (NUPL), Darkfost discloses that latent profits are melting away as BTC’s correction expands. The metric is an effective measure for gauging the weight of profits and losses in the market and offers a clear view of the market when it reaches bearish levels. 

Currently, the metric has fallen to 0.18, and a drop into negative territory signals that latent losses dominate the market, typically marking the last phase of capitulation. This positioning implies that the average latest profit is 18%, nearing 0. Meanwhile, the six-month average is positioned at 0.42, which shows how fast these corrections have grown, pushing the NUPL down rapidly.

When the metric falls this quickly and reaches such levels, it is a sign that Bitcoin is still in a bear phase. With reduced latent profits, investors become unstable. Darkfost stated that a trend reversal under these circumstances seems difficult and will take some time to materialize.

BTC trading at $67,945 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Pixabay, chart from Tradingview.com

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Godspower Owie is my name, and I work for the news platforms NewsBTC and Bitcoinist. I sometimes like to think of myself as an explorer since I enjoy exploring new places, learning new things, especially valuable ones, and meeting new people who have an impact on my life, no matter how small. I value my family, friends, career, and time. Really, those are most likely the most significant aspects of every person's existence. Not illusions, but dreams are what I pursue.

TL;DR:

Metaplanet has accumulated an accounting loss exceeding $1.2 billion due to the recent drop in BTC prices. The firm’s CEO, Simon Gerovich, assured that the company has no plans to sell its assets even if the market worsens. Despite current pessimism, market whales have accumulated 200,000 BTC in the last 30 days, stabilizing the price. The Metaplanet strategy with Bitcoin was put to the test following the harsh crypto winter hitting the Japanese firm’s balance sheets. The company’s CEO, Simon Gerovich, recently acknowledged that the downturn has been painful, with accumulated unrealized losses surpassing $1.2 billion.

https://twitter.com/gerovich/status/2024501728440438819

By late 2025, red numbers were already appearing in the company’s treasury, but the figure doubled by February 2026. However, the firm’s long-term vision remains steadfast, prioritizing asset accumulation over temporary price fluctuations.

Gerovich was blunt in stating they will never sell their holdings, highlighting that their primary goal is to increase Bitcoin-per-share. According to the executive, this metric grew by 500% over the past year, validating their business model despite the current volatility.

Downside Speculation and Accumulation Signals While Metaplanet maintains its position, bearish bets in the options market have increased, targeting prices of $58,000 and $55,000 by late March. Meanwhile, investors are seeking protection against a potential further dip before finding a definitive floor.

On the other hand, Bitfinex analysts are observing interesting behavior among whales. These players have taken advantage of price weakness to absorb a massive amount of tokens, which could serve as critical support to prevent a larger crash.

In summary, the Metaplanet strategy with Bitcoin reflects unwavering institutional confidence in the future of the pioneer cryptocurrency. The company bets that the market will find a floor near $60,000, paving the way to reach new all-time highs once retail demand

Bitcoin remained steady around the $67,000 mark, largely unaffected by the Supreme Court ruling against President Donald Trump's global tariff policy. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $67,742.48 Ethereum (CRYPTO: ETH) $1,967.43 Solana (CRYPTO: SOL) $84.87 XRP (CRYPTO: XRP) $1.42 Dogecoin (CRYPTO: DOGE) $0.1008 Shiba Inu (CRYPTO: SHIB) $0.056380 Notable Statistics: Coinglass data shows 78,421 traders were liquidated in the past 24 hours for $179.80 million.

Ian Perks
CEO & Board Member

Hello, and welcome. I am Ian Perks, the CEO of Tullow, and I'm joined today for this presentation by Richard Miller, our CFO.

For those of you that don't know me, I have 30 years of experience in the upstream oil and gas industry and have worked extensively in Africa and have held senior roles at BG, Anadarko and Total. I'm part of the reset and aligned Tullow Board and senior leadership team tasked with improving Tullow's performance going forward. Our Board, as announced last year, is led by Roald Goethe as Chair, who has excellent relations with the government of Ghana, and he's joined by Independent Non-Executive Director, Rebecca Wiles, who has strong subsurface skills and an extensive oil and gas background. Our senior leadership includes Richard as CFO; Jean-Medard Madama as our MD in Ghana; and Stuart Cooper, Julia Ross and Mike Walsh running corporate services and support functions.

We're pleased to present to you today the progress we have made operationally, but also most importantly, financially and strategically with the refinancing transaction. I will start the presentation by providing an overview of the business. Richard will then explain the refinancing agreement we have reached with our creditors, and I will then provide a more detailed business update and concluding my remarks.

So the starting point is to acknowledge that within Tullow, we recognize the performance hasn't been anywhere near where it needs to be the last few years. And so starting at the beginning of last year, under Richard's leadership, we set about a clear

NEW YORK--(BUSINESS WIRE)--Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against NuScale Power Corporation (NYSE:SMR) and certain of the Company’s senior executives for securities fraud after a significant stock drop resulting from the potential violations of the federal securities laws.

Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against NuScale Power Corporation (NYSE:SMR) and certain of the Company’s senior executives for securities fraud after a significant stock drop.

Share If you invested in NuScale, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/nuscale-class-action-lawsuit.

Investors have until April 20, 2026 to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in NuScale Class A common stock. The case is pending in the U.S. District Court for the District of Oregon and is captioned Truedson v. NuScale Power Corporation, et al., No. 3:26-cv-00328.

Why is NuScale Being Sued for Securities Fraud?

NuScale is a nuclear technology company. Its core technology is the NuScale Power Module (“NPM”), a small modular nuclear reactor (“SMR”) designed to generate energy within a broader power plant. Prior to the start of the Class Period, NuScale established a partnership with ENTRA1 Energy LLC. Under this agreement, ENTRA1 was responsible for constructing power generation facilities incorporating NuScale’s NPMs and managing the financing, development, and initial operations of the facilities utilizing the NPMs.

NuScale allegedly touted ENTRA1’s purported wide-ranging capabilities and deep experience developing power plants. According to NuScale, ENTRA1 is an “independent power plant development platform,” “led by an executive team of energy, infrastructure, and finance sector veterans,” with the type of experience that is “exactly what is required” to commercialize and deploy NuScale’s NPMs.

As alleged, in truth, ENTRA1 had never built, financed, or operated any significant project, let alone a project in the complex field of nuclear power generation. Moreover, in contrast to NuScale’s representations, ENTRA1 had been organized primarily to support the work of one individual, its principal Wadie Habboush, an investor and entrepreneur.

Why did NuScale’s Stock Drop?

On November 6, 2025, NuScale disclosed that its general and administrative expenses had increased from $17 million in the prior year period, to $519 million during 3Q 2025, due largely to NuScale’s payment of $495 million to ENTRA1 for its services. Also on November 6, 2025, under pressure from investment analysts, NuScale acknowledged that ENTRA1 did not have any significant experience building nuclear power projects and admitted that ENTRA1 would not actually be “out there building the power plants” but would serve “to coordinate projects, to bring in partners, to get deals and the partners they bring in that can execute.”

Following this news, analysts with Guggenheim Securities, LLC published a report stating that ENTRA1 is a “3-year old company that has never built, financed or operated anything” and had just “3 employees and 1 investor,” and stated a “more accurate description of ENTRA1 would be that it is an entity supporting the activities of a single individual, specifically Mr. Habboush.” This news caused the price of NuScale stock to drop $4.03 per share over two trading days, or more than 12.4%, from a closing price of $32.46 per share on November 6, 2025, to $28.43 per share on November 10, 2025.

Click here for more information: https://www.bfalaw.com/cases/nuscale-class-action-lawsuit.

What Can You Do?

If you invested in NuScale, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/nuscale-class-action-lawsuit

Or contact:
Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/nuscale-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.

Key Takeaways Suzano S.A., StoneX Group, Century Aluminum and Seanergy Maritime show rising cash flow trends.The screen selects stocks with latest cash flow at or above their five-year average per share.SUZ, SNEX, CENX and SHIP saw upward 2026 earnings estimate revisions and hold VGM Score of A. With most Q4 earnings reports now in the rearview mirror, investors are shifting focus toward stocks that delivered strong bottom-line results and positive surprises. However, concentrating solely on earnings can overlook a more powerful indicator of long-term strength, which is a company’s capacity to generate consistent cash flows.

In this regard, stocks like Suzano S.A. (SUZ - Free Report) , StoneX Group Inc. (SNEX - Free Report) , Century Aluminum Company (CENX - Free Report) and Seanergy Maritime Holdings Corp (SHIP - Free Report) emerge as compelling picks, supported by improving cash flow trends.

Cash flow reflects the underlying health of a business. It provides management with flexibility, supports strategic investments and acquisitions, and sustains ongoing operations and expansion initiatives. Importantly, accounting profits do not always translate into liquidity. A company may report solid earnings yet struggle to meet its obligations if cash generation is weak. By contrast, a robust cash position offers resilience during periods of volatility, helping firms navigate downturns and unforeseen disruptions. Amid global economic uncertainty and persistent market dislocations, evaluating cash flow strength has become more critical than ever.

To figure out this efficiency, one needs to consider a company’s net cash flow. While in any business, cash moves in and out, it is net cash flow that explains how much money a company is actually generating.

If a company is experiencing a positive cash flow, it denotes an increase in its liquid assets, which gives it the means to meet debt obligations, shell out for expenses, reinvest in the business, endure downturns and finally return wealth to shareholders. On the other hand, a negative cash flow indicates a decline in the company’s liquidity, which in turn lowers its flexibility to support these moves.

However, having a positive cash flow merely does not secure a company’s future growth. To ride on the growth curve, a company must have its cash flow increasing because that indicates management’s efficiency in regulating its cash movements and less dependency on outside financing for running its business.

Therefore, keep yourself abreast with the following screen to bet on stocks with rising cash flows.

Screening Parameters:To find stocks that have seen increasing cash flow over time, we ran the screen for those whose cash flow in the latest reported quarter was at least equal to or greater than the 5-year average cash flow per common share. This implies a positive trend and increasing cash over a period of time.

In addition to this, we chose:

Zacks Rank 1: No matter whether market conditions are good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven history of outperformance. You can see the complete list of today’s Zacks #1 Rank stocks here.

Average Broker Rating 1: This indicates that brokers are also highly hopeful about the company’s future performance.

Current Price greater than or equal to $5: This sieves out low-priced stocks.

VGM Score of B or better: This score is also of great assistance in selecting stocks. Importantly, this scoring system helps in picking winning stocks in their industry categories.

Here are four out of eight stocks that qualified the screening:

Suzano is a Brazil-based, vertically integrated pulp and paper producer, and the world’s largest hardwood pulp supplier. Its product lineup spans pulp, coated and uncoated printing and writing papers, paperboard, and tissue products.

The Zacks Consensus Estimate for Suzano’s 2026 earnings has been revised upward by 32.6% in the past 60 days. SUZ has a VGM Score of A.

StoneX Group provides financial services. Through its subsidiaries, the company offers execution, post-trade settlement, clearing and custody services.

The Zacks Consensus Estimate for StoneX Group’s fiscal 2026 earnings has moved northward by 8.2% to $7.90 per share over the past 30 days. SNEX has a VGM Score of A.

Century Aluminum is engaged in the production of primary aluminum in the United States and Iceland. It operates smelters serving U.S. and European customers and is a prime beneficiary of domestic-supply and trade-policy tailwinds.

The Zacks Consensus Estimate for Century Aluminum’s 2026 earnings has moved north by 42.1% to $6.72 per share in the past 30 days. CENX has a VGM Score of A.

Seanergy Maritime is a prominent pure-play Capesize ship owner that provides dry bulk marine transportation services through a modern fleet of Capesize vessels.

The Zacks Consensus Estimate for Seanergy Maritime’s 2026 earnings has been revised upward by 8.9% to $1.59 per share in the past 30 days. SHIP has a VGM Score of A.

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP reminds investors of the upcoming April 7, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Inovio Pharmaceuticals, Inc. (“Inovio” or the “Company”) (NASDAQ: INO) securities between October 10, 2023 and December 26, 2025, inclusive (the “Class Period”).

IF YOU SUFFERED A LOSS ON YOUR INOVIO INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS.

What Happened?

On August 8, 2024, after market hours, Inovio released its second quarter 2024 financial results, revealing that it expected to submit the Biologics License Application (“BLA”) to the U.S. Food and Drug Administration (‘FDA”) for its recurrent respiratory papillomatosis “RPR”) treatment, INO-3107, in mid-2025, despite previous claims of a mid-2024 submission, due to a “manufacturing issue” with a component of the Company’s proprietary investigational medical device, CELLECTRA.

On this news, Inovio’s stock price fell $0.27, or 3.1%, to close at $8.44 per share on August 9, 2024, thereby injuring investors.

Then, on December 29, 2025, Inovio disclosed that the FDA had accepted the INO-3107 BLA on a standard review timeline rather than the accelerated review timeline that the Company touted the prospects of. The Company further stated that it did not plan to seek approval under the standard review timeline and planned to request a meeting with the FDA to discuss pursuing accelerated approval.

On this news, Inovio’s stock price fell $0.56, or 24.45%, to close at $1.73 per share on December 29, 2025, thereby injuring investors further.

What Is The Lawsuit About?

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) manufacturing for Inovio's CELLECTRA device was deficient; (2) accordingly, Inovio was unlikely to submit the INO-3107 BLA to the FDA by the second half of 2024; (3) Inovio had insufficient information to justify the INO-3107 BLA's eligibility for FDA accelerated approval or priority review; (4) accordingly, INO-3107's overall regulatory and commercial prospects were overstated; and (5) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

If you purchased or otherwise acquired Inovio securities during the Class Period, you may move the Court no later than April 7, 2026 to request appointment as lead plaintiff in this putative class action lawsuit.

Contact Us To Participate or Learn More:

If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:

Charles Linehan, Esq.,
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: [email protected]
Telephone: 310-201-9150,
Toll-Free: 888-773-9224
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.

If you inquire by email, please include your mailing address, telephone number and number of shares purchased.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Nvidia Corporation remains the dominant force in AI hardware, with robust GPU-driven ecosystem growth and a bullish outlook ahead of Q4 earnings. NVDA's upcoming earnings are pivotal, likely to beat consensus and serve as a catalyst for a breakout above $190-210 resistance. Forward valuation is compelling: fiscal 2028 P/E is near 18 and PEG is around 0.5, reflecting undervaluation relative to growth prospects.