Market Signal Briefing

SAP: Panic Selloff Creates Buying Opportunity, But There Are Alternatives

For Immediate ReleasesChicago, IL – February 20, 2026 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include  United States Oil Fund, LP (USO - Free Report) , Energy – SPDR S&P Oil & Gas Exploration & Production ETF (XOP - Free Report) , Norway – iShares MSCI Norway ETF (ENOR - Free Report) , SPDR S&P Retail ETF (XRT - Free Report) , iShares India 50 ETF (INDY - Free Report) and ETF U.S. Global Jets ETF (JETS - Free Report) .

Here are highlights from Friday’s Analyst Blog:Oil Prices Surge on Rising U.S.-Iran Tensions: ETFs to Gain/LoseOil prices jumped more than 4% on Feb. 18, 2026 after U.S. Vice President JD Vance said Iran failed to meet key American demands during recent nuclear negotiations and warned that military action remains an option if diplomacy breaks down, as quoted on CNBC. United States Oil Fund, LP added 4.9% on Feb. 18 while the fund gained 0.8% after hours.

Rising Geopolitical Tensions Add Supply ConcernsU.S. envoys Steve Witkoff and Jared Kushner held talks with Iranian officials in Geneva. Iran’s foreign minister Abbas Araghchi described the discussions as constructive. Oil prices had fallen earlier after markets interpreted these comments as a sign that negotiations could succeed.

However, sentiment reversed after Vance said Tehran had not addressed core U.S. “red lines,” as mentioned in the same CNBC article. Meanwhile, Iran conducted military exercises in the Strait of Hormuz — a critical route for global energy shipments — raising fears that oil flows could be disrupted in the event of conflict.

Note that about one-third of all waterborne crude exports pass through this narrow waterway, according to data from energy consulting firm Kpler, as quoted on CNBC. The United States too has strengthened its military presence in the Middle East by deploying aircraft carriers, signaling readiness if negotiations collapse.

Escalating tensions could threaten supply of oil through key shipping routes. If oil prices gain in the near term, the below-mentioned ETF areas are likely to gain and lose.

ETFs to GainEnergy – SPDR S&P Oil & Gas Exploration & Production ETFThis is the most obvious choice. If oil prices are staging an uptrend on reduced supplies, oil exploration and production stocks are sure to benefit as these companies will tend to pump more oil ahead.

Norway – iShares MSCI Norway ETFNorway is among the top 10 nations famous for oil exports and with its comparatively low population, oil forms the key part of the country’s GDP. Per U.S. Norway is one of the largest oil producers and exporters in Western Europe.

ETFs to LoseRetailRising energy prices do not bode well for retailers as consumers’ wallets get squeezed from higher outlays on gas stations. In fact, not only oil, overall inflation will be rising, hurting consumers’ buying power. Thus, SPDR S&P Retail ETF will lose in a rising oil price environment.

IndiaIndia is almost entirely dependent on imports to back its oil needs. An oil price rise could thus be a major headwind to India investing, putting iShares India 50 ETF in focus.

AirlinesThe airline sector performs better in a falling crude scenario, as energy costs form a major portion of the overall cost of this sector. Hence, airlines ETF U.S. Global Jets ETF is likely to underperform in the current situation.

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance  for information about the performance numbers displayed in this press release.

Amplify Alternative Harvest ETF is upgraded from Sell to Hold after a 33% decline, reflecting improved valuation but persistent sector risks. MJ's structure remains highly concentrated, with over half in CNBS and significant exposure to MSOs and Canadian LPs, driving volatility. Key upside catalysts include potential 280E tax elimination and Canadian cultivation tax reform, but regulatory uncertainty remains high.

Google Gemini's AI cricket coach teaches CNBC's Arjun Kharpal batting techniques.

Vancouver, British Columbia--(Newsfile Corp. - February 20, 2026) - Supreme Critical Metals Inc. (CSE: CRIT) (FSE: VR6) (OTC Pink: VRCFF) ("Supreme" or the "Company") is pleased to announce the appointments of Glen R. Watson to its Board of Directors, effective immediately.

The Company also announces the resignation of George Tsafalas from its Board of Directors and sincerely thanks Mr. Tsafalas for his dedicated service and valuable contributions to the Company during his tenure.

About Glen R. Watson

Glen R. Watson is a capital-markets and corporate-development executive with 30+ years of experience across the mining and energy sectors. He is currently President and Chief Executive Officer of Supreme Critical Metals Inc., where he leads the Company's corporate strategy, capital-markets initiatives, and overall growth execution. He brings senior leadership experience from multiple public companies, where he has overseen corporate finance, mergers and acquisitions, business development, and market-expansion initiatives. Glen's background also spans investor relations, project finance, and capital-markets outreach, contributing to successful equity financings, strategic partnerships, and early-stage operational ramp-ups.

Previously, Glen served as President, CEO, and Director at junior exploration companies, leading corporate strategy and investor engagement. He brings deep expertise in junior-exploration dynamics, Canadian capital-markets practice, and regulatory compliance, along with strong relationships across institutional and retail investors. Known for disciplined governance and pragmatic execution, he is focused on advancing exploration programs and delivering shareholder value.

Stock Options

The Company also announces that it has granted a total of 1,575,000 options pursuant to its incentive stock option plan ("Plan") to certain directors, officers, management, and consultants. Each option entitles the holder to acquire one common share of the Company at an exercise price of $0.10 per share for a period of five (5) years from the date of grant, subject to the terms and conditions of the Plan and applicable regulatory requirements.

About Supreme Critical Metals Inc.

Supreme Critical Metals Inc. (CSE: CRIT) (FSE: VR6) (OTC Pink: VRCFF) is a publicly traded, diversified exploration company advancing a portfolio of high-potential gold, silver, and copper properties. The Company has focused on British Columbia and Nevada, both being mining-friendly jurisdictions that have an established infrastructure, predictable permitting, and supportive regulatory frameworks.

Additional information about Supreme Critical Metals is available on the Company's website at www.supremecriticalmetals.com.

On Behalf of the Board of Supreme Critical Metals Inc.

"Glen R. Watson"
Glen R. Watson
President & CEO

For further information, please contact:
Glen Watson, President & CEO
Phone: +1 (604) 803-5229
E-mail: [email protected]

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Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable Canadian securities laws. Forward-looking information in this news release includes, but is not limited to, statements regarding the Company's exploration and development plans, future exploration programs, business objectives, strategic plans, and expectations regarding the Company's operations, financial condition, and growth opportunities.

Forward-looking information is provided to inform the Company's shareholders and potential investors about management's current expectations and plans relating to the future and may not be appropriate for other purposes. Forward-looking information is often identified by words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", "potential", "may", "will", "would", "could", "should", and similar expressions, although not all forward-looking information contains these identifying words.

Forward-looking information is based on a number of assumptions that management believes to be reasonable at the time such statements are made, including, but not limited to, assumptions regarding the Company's ability to successfully execute its exploration and development plans, access capital markets, and operate in a stable regulatory, economic, and business environment. These assumptions, while considered reasonable, may prove to be incorrect.

Forward-looking information is subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking information. Such risks and uncertainties include, without limitation, risks inherent in mineral exploration and development, operational and technical risks, fluctuations in commodity prices, availability of financing, general economic, market, and business conditions, regulatory and environmental risks, and other risks disclosed in the Company's public filings.

Although the Company believes that the forward-looking information contained in this news release is reasonable based on information currently available, readers are cautioned not to place undue reliance on such information. Forward-looking information contained in this news release speaks only as of the date of this release. Except as required by applicable securities laws, the Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

###

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284622

Source: Supreme Critical Metals Inc.

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VANCOUVER, BC, Feb. 20, 2026 /PRNewswire/ -- Norsemont Mining Inc . (CSE: NOM), (OTC: NRRSF), (FWB: LXZ1) ( " Norsemont " or the " Company ") is pleased to announce the completion of the first seven (7) holes of the Phase 3 drill program, for a total of 1,650 meters.

Kingspan Group plc (KGSPY) Q4 2025 Earnings Call Transcript

HomeDividends AnalysisDividend IdeasFinancials 

SummaryBlackstone Mortgage Trust enters 2026 with a stabilized yet structurally sensitive $20B portfolio, following significant office sector de-risking and aggressive asset rotation.BXMT trades near book value (0.94x P/B) with a 9.6% dividend yield, but dividend sustainability remains fragile due to ongoing credit losses and reliance on adjusted distributable income.Management prioritizes share buybacks over new loan growth, signaling cautious capital allocation amid challenging market conditions and limited growth prospects.Office sector exposure, especially pre-2022 loans, remains the main structural risk; further property value declines could pressure capital and dividend coverage. Luis Alvarez/DigitalVision via Getty Images

My thesis In my view, Blackstone Mortgage Trust (BXMT) is starting 2026 with a stabilized, but structurally sensitive portfolio. In 2025, the company earned $110 million in net income, and this marks a

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Investors are again valuing the coffee chain like a growth stock, betting it can make a comeback.

Figma earns a Hold rating due to an unattractive risk/reward profile at its current $13B market cap. Q4 delivered 40% YoY revenue growth, 82% GAAP gross margin, and a 136% net dollar retention rate, but operating margins remain pressured. Guidance signals slowing top-line growth (~30% YoY) and declining non-GAAP operating margin, with heavy R&D and S&M spending to defend share.

HomeMarketsAnalysts drop technology and commodities to neutralPublished: Feb. 20, 2026 at 5:48 a.m. ET

Citigroup is getting its AI survival plan ready. Photo: Getty ImagesThe time is now for investors to get their AI survival plan in place, with bets on bonds and small caps among the smartest moves to make, say Citigroup strategists.

“We think U.S. rates will work as a hedge against a bursting AI bubble or against an AI-driven labor market dislocation,” said a Citi team led by Dirk Willer, global head of macro strategy and asset allocation.

Planet Labs PBC is transforming from a satellite imagery provider to a full-stack data insights platform, leveraging AI for actionable analytics. PL's unique daily global scan and temporal resolution capabilities drive recurring revenue potential, especially with government and defense clients. Backlog surged 240% QoQ to $734M, with 37% expected to convert within 12 months, supporting a bullish multi-year revenue growth trajectory.

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The XRP Price could be set to break its historical February downturn curse amid some key developments in its ecosystem. The Ripple coin has fallen in 7 out of 11 Februarys since 2014. The worst ones experienced really harsh price drops. The value of the coin dropped by 33.4% in February 2014 and by 22.1% in February 2018.

It has also experienced more than 30% of its value being lost this month. It dropped to $1.1 before rising to $1.41. However, there are still significant factors that could lead a price rally.

XRPL Tokenization Boom Sparks XRP Price Breakout Hopes As of the end of January 2026, the total amount of tokenized RWAs, including government debt and tokenized commodities managed by public blockchains, was a bit over $24 billion.

Now, the XRP Ledger is a payment and tokenized RWA issuance network. In that light, the platform has continued to see institutional activity in which the expert believes would increase the XRP Price. Today, the on-chain RWA presence of the Ledger has surpassed $354 million in the past month. Recently, a report revealed that 63% of tokenized US treasuries are on XRPL.

Even companies such as DBS Group and Franklin Templeton are developing trading and lending infrastructure around tokenized money market fund units issued on the XRPL.

Experts have highlighted that as more products move to the ledger, the demand for XRP could grow. Earlier this month, UK investment giant Aviva tapped the Ripple ledger for issuing traditional funds.

$70B Deutsche Bank Integrates Ripple Payments Deutsche Bank is partnering with Ripple Payments to be at the forefront of SWIFT’s new blockchain technology project. It is worth noting that the traditional cross-border payment system is now being criticized for being slow and expensive.

However, the banking giant is now making a clear move away from this payment system with the new XRP-based payment system after Ripple secured its first EMI license. For the altcoin, the implications of the adoption of Ripple’s technology by bank is significant for the value of the XRP price.

Even though banks can adopt Ripple’s technology without necessarily holding the token, increased usage of Ripple’s technology increases visibility and demand.

Notably, crypto expert EgragCrypto noted a change in the structure of the XRP price chart as fundamentals begin to change.

Source:X XRP Funding Rates Show Exhaustion The funding rate for XRP on Binance fell to -0.028%, the lowest level since April 2025. A negative funding rate indicates that shorts are heavily crowded and are paying a premium to maintain their positions. This essentially means that the easy selling has already been done.

Historically, funding rates that are extremely low have been followed by a XRP price bounce. The data from CryptoQuant indicates that this has occurred in the past. The funding rate turned deeply negative in late 2024 and in April 2025.  In both instances, a strong bounce occurred.

Source: CryptoQuant

CryptoQuant analyst Burak Kesmeci has identified four realized price levels that may define Bitcoin’s long-term direction after the asset lost the $88,700 cost basis of new large holders. According to his analysis, that breakdown marked the transition into a classic bearish phase.

Realized price represents the average acquisition cost of coins for specific holder groups. When clusters of Bitcoin share similar realized prices, those levels often act as psychological and structural support or resistance.

Bitcoin Support Levels Now Cluster Between $58K and $54KAfter losing the $88,700 level, the next key zone sits at $58,700, the realized price of Binance deposit addresses. This is viewed as the nearest downside magnet between current prices and the broader network realized price at $54,700.

Bitcoin's realized price. Source: CryptoQuantHistorically, when Bitcoin drops below the cost basis of new major holders, price tends to retest the overall network realized price. That places $54,700 in focus if $58,700 fails to hold.

The final and deepest of the four tracked levels stands at $41,600, the realized price of older large holders.

Together, the four levels now shaping the downside roadmap are:

$88,700$58,700$54,700$41,600These price zones are not predictions but structural reference points derived from on-chain cost data.

46% of Bitcoin Supply Now in Unrealized LossParallel data from CryptoQuant shows a sharp deterioration in sentiment. Approximately 46% of Bitcoin’s circulating supply is now in unrealized loss – the highest reading since late 2022.

Another CryptoQuant analyst, Darkfost, noted that daily realized losses exceeded 30,000 BTC on February 5. While elevated, that figure remains well below the 80,000-92,000 BTC daily peaks seen during the 2022 bear market.

This suggests growing capitulation pressure, but not yet the extreme panic levels associated with prior cycle bottoms.

Bitcoin has since rebounded from sub-$60,000 levels, yet the broader technical and on-chain backdrop remains fragile.

Capitulation Alone Does Not Mark the BottomHistorical data show that in 2022, realized loss peaks occurred months before Bitcoin formed its ultimate bottom. Capitulation tends to unfold gradually rather than resolve at a single price.

Today’s environment also differs structurally from 2022. The prior bear market was driven by internal industry failures and systemic collapses. Current pressure is largely tied to macroeconomic caution and tight monetary policy.

That distinction raises a key question: can realized price levels serve as reliable anchors when the dominant market driver sits outside the blockchain?

For now, the four realized price levels offer a measurable framework for assessing downside risk, but they do not guarantee where or when the cycle will turn.

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Bitcoin is struggling to push decisively above the $69,000 level as persistent selling pressure and rising market anxiety continue to weigh on sentiment. After several failed breakout attempts, price action reflects a cautious environment in which traders remain hesitant to commit fresh capital. Volatility has increased alongside deteriorating confidence, reinforcing the perception that the market is still navigating a corrective phase rather than entering a sustained recovery.

A recent report from analyst Darkfost provides additional context through on-chain data, particularly the Coin Days Destroyed (CDD) heatmap. This indicator measures the number of holding days accumulated by each Bitcoin before it is spent, offering insight into the behavior of long-term holders. When visualized as a heatmap, CDD highlights periods when older coins move, allowing analysts to quickly assess shifts in conviction among historically resilient investors.

Compared with previous cycles, the current market phase appears notable for the elevated activity of long-term holders. The data suggests that this cohort has been more active than in past cycles, potentially contributing to supply dynamics that influence price stability. Whether this reflects strategic redistribution, profit-taking, or broader market repositioning remains a key question for investors monitoring Bitcoin’s next directional move.

According to Darkfost, elevated long-term holder activity has historically intensified near market tops, suggesting that distribution from this cohort has often contributed to the formation of local peaks. When older coins begin moving after extended dormancy, it frequently reflects profit-taking or portfolio rebalancing, both of which can increase available supply and weigh on short-term price stability. In prior cycles, similar spikes in Coin Days Destroyed coincided with phases of overheated sentiment and subsequent corrective moves.

Bitcoin CDD 30DMA Heatmap | Source: CryptoQuant However, interpreting this cycle requires additional nuance. Not all increases in long-term holder activity necessarily signal outright selling pressure. Some of the recent CDD spikes appear linked to operational factors rather than directional positioning. Large entities, including Coinbase and Fidelity Investments, have conducted UTXO consolidation transactions, which can artificially inflate activity metrics without representing net supply entering the market.

Technical changes within the Bitcoin ecosystem have also played a role. The growth of Ordinals and inscription-related activity has encouraged some long-standing holders to migrate funds from legacy addresses toward SegWit or Taproot formats, generating on-chain activity that may distort traditional behavioral signals.

At the same time, deeper institutional liquidity has made it easier for long-term holders to distribute positions gradually, potentially smoothing market impact compared with previous cycles.

Bitcoin Faces Key Technical Test Below Major Moving Averages Bitcoin’s weekly price structure continues to reflect sustained selling pressure, with the asset struggling to stabilize after losing the $70,000 psychological threshold. The chart shows a decisive breakdown from the late-2025 highs near the $120,000 region, followed by a sequence of lower highs and lower lows that typically characterize a corrective market phase rather than simple consolidation.

BTC consolidates below critical level | Source: BTCUSDT chart on TradingView Price is now trading below the shorter-term moving average, which has rolled over and is beginning to act as dynamic resistance. The intermediate trend average is also flattening, suggesting weakening bullish momentum, while the longer-term average remains upward sloping but distant from current price levels. This configuration often appears during transitional phases where the market shifts from expansion toward redistribution.

Volume patterns reinforce the defensive tone. Recent selloffs have been accompanied by elevated trading activity, indicating active distribution rather than passive drift lower. However, participation has moderated slightly following the most recent drop, which may hint at temporary seller exhaustion.

From a technical standpoint, the $65,000–$68,000 region represents immediate support. Failure to hold this zone could expose deeper retracement levels closer to long-term trend support, while a sustained reclaim of $70,000 would be required to stabilize sentiment and reopen the path toward recovery.

Featured image from ChatGPT, chart from TradingView.com 

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Sebastian's journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies. As his knowledge grew, Sebastian felt compelled to share his insights with others. He began actively contributing to online discussions on platforms like X and LinkedIn, focusing on fintech and crypto-related content. His goal was to expose valuable trends and insights to a wider audience, fostering a deeper understanding of the rapidly evolving crypto landscape. Sebastian's contributions quickly gained recognition, and he became a trusted voice in the online crypto community. To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology. Sebastian's passion for finance and writing is evident in his work. He enjoys delving into financial research, analyzing market trends, and exploring the latest developments in the crypto space. In his spare time, Sebastian can often be found immersed in charts, studying 10-K forms, or engaging in thought-provoking discussions about the future of finance. Sebastian's journey as a crypto analyst and investor has been marked by a relentless pursuit of knowledge and a dedication to sharing his insights. His ability to navigate the complex world of crypto, combined with his passion for financial research and communication, makes him a valuable asset to the industry. As the crypto landscape continues to evolve, Sebastian remains at the forefront, providing valuable insights and contributing to the growth of this revolutionary technology.

FXRP supply tops 100M, ~70% deployed in XRPFi DeFi via staking, lending, vaults.

Summary

Nearly 100M XRP bridged as FXRP, with ~70% actively deployed in DeFi. Firelight holds about 21% of FXRP staked, while Upshift vaults scaled from ~$6M to ~$25M capacity. Lending via Kinetic and Morpho saw roughly $39M and $8M in early borrowing, deepening onchain liquidity. Flare’s bid to become the execution layer for “XRPFi” just cleared a hard milestone: nearly 100 million XRP has now been bridged to the network as FXRP, with close to 70% of that capital actively deployed in DeFi rather than sitting idle.

Flare frames FXRP as ‘growing capital deployment’ Flare frames the 100 million FXRP mark as “growing capital deployment into XRPFi infrastructure rather than speculative bridging activity,” pointing to three concrete demand drivers. First is Firelight, an XRP staking and DeFi cover protocol where “21% of FXRP is currently staked,” with a fresh capital raise slated for this month. Second is structured vaults such as Upshift, where initial vault capacity “filled quickly, expanding from $6M to $25M in response to demand.” Third is lending across protocols like Kinetic and Morpho, which “saw roughly $39M and $8M in borrowing activity respectively within weeks of launch.”

Flare executives insist the pitch is full‑stack rather than a simple wrapped‑asset bridge. The network is “building an integrated XRPFi execution layer,” where FXRP “transforms XRP into programmable collateral that can move across lending markets, DEX liquidity, structured vaults, and cross‑chain environments.” Crucially, they emphasize that FXRP “is not confined to a single execution domain” and can extend into environments such as HyperEVM and Ethereum while maintaining “onchain collateralization and issuance transparency.” Wallet, custody, and DeFi integrations are being designed to “reduce operational friction for both crypto‑native and institutional participants,” a posture Flare says has already made it “the largest EVM ecosystem for XRP DeFi activity today.”

Recent integrations appear to be changing network behavior, not just narrative. Lending on Morpho and vault allocations via Upshift have “materially deepened onchain liquidity,” with structured strategies drawing “interest from exchanges and wallet providers” and pushing adoption “beyond individual users and into platform‑level capital allocation.” Firelight’s staking and risk‑coverage layers further “increase capital efficiency by allowing XRP to secure infrastructure while remaining economically productive.”

Looking ahead, Flare points to “continued lending expansion, deeper stablecoin liquidity, and additional vault integrations” as levers to “bridge onchain liquidity with regulated financial instruments” and push XRPFi into institutional territory.

Broader macro headwinds This push comes as digital assets continue to trade as one of the purest expressions of macro risk appetite. Bitcoin (BTC) changes hands near $67,830, with a 24‑hour range between roughly $65,700 and $67,900 on more than $32.8B in volume. Ethereum (ETH) trades around $1,960, having swung between about $1,915 and $1,981 over the last day. XRP (XRP) sits close to $1.42, with a 24‑hour low near $1.35 and a recent high around $1.64 as liquidity thins. Solana (SOL) is quoted around $81.67, down about 4.5% on the day on more than $3.3B in turnover.

Additional crypto.news reporting on Flare’s FXRP rollout and XRP yield products can be found via Genfinity’s breakdown of the 100 million FXRP milestone, Phemex’s coverage of Flare’s mint, and CoinMarketCap’s look at the earnXRP vault strategy.

Ahmed Balaha

Author

Ahmed Balaha

Part of the Team Since

Aug 2025

About Author

Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

Has Also Written

Last updated: 

10 minutes ago

Bitcoin price is on the edge again.

Price swings are getting crazy, and it’s sitting around $67,400 like it’s not sure which way to jump. Traders are nervous. Really nervous.

On Polymarket, bettors now put the odds of a U.S. strike on Iran this month at 61%. Crypto felt it fast. Liquidations rolled in. Risk-off mode kicked on. And suddenly, everyone’s playing defense.

Key Takeaways The Signal: Polymarket bettors price in a 61% chance of imminent US military action.

The Risk: Short-Term Holder SOPR has dipped below 1.0, indicating panic selling at a loss.

The Impact: Bitcoin risks breaking critical $65,000 support if conflict escalates this weekend.

Why Is This Happening Now?Tensions between Washington and Tehran feels almost certain now.

Reports say the Pentagon has strike options ready after nuclear talks stalled. That kind of headline pushes investors straight into gold and cash. Risk assets get dumped first.

On chain data backs it up. The Short Term Holder SOPR is below 1. That means recent buyers are selling at a loss just to get out.

Source: CryptoQuantAdd in uncertainty around possible Fed policy tweaks and you get a messy mix. Geopolitics plus macro pressure. While the US Iran story dominates, Bitcoin is trading like a classic risk asset, with sharp intraday drops and fragile sentiment.

What Does This Mean for Bitcoin Price?Bitcoin is leaning hard on the $66,000 to $65,729 support zone. Lose that on a daily close and $60,000 comes into focus fast.

The short term Sharpe ratio has flipped negative, showing ugly risk adjusted returns during the panic. Nearly $80M in longs have already been wiped out since the drop from $70,000.

Source: BTCUSD / TradingViewWhile retail is dumping, some political insiders are floating massive long term targets. That hints whales may see this dip as opportunity. Arthur Hayes also pointed to Treasury liquidity dynamics that could support crypto once the dust settles.

Volatility into the weekend looks guaranteed. But talks in Oman on Friday could change the tone. If tensions cool, a sharp relief rally could trap late shorts.

Discover: Here are the crypto likely to explode!

US crypto regulation appears closer to a breakthrough as momentum builds around the long-debated Clarity Act. Fresh signals from Washington, combined with rising betting odds and executive-level engagement, suggest the bill may finally move forward after years of uncertainty.

When Could It PassRipple CEO Brad Garlinghouse said he believes there is a 90% chance the Clarity Act will pass by the end of April. That timeline reflects renewed urgency in Washington and more structured negotiations between industry and policymakers.

Adding to the momentum, the White House has reportedly set a March 1 deadline to resolve disputes around stablecoin reward provisions. That deadline has become a focal point for lawmakers and stakeholders who want to clear the final obstacles and advance the bill.

However, the prediction markets have reacted quickly. According to a X user, the odds of passage in 2026 reportedly jumped from 56% to 84% in a single day following news of the administration’s push, signaling growing confidence that legislative action is imminent.

How Negotiations Are UnfoldingClosed-door meetings in Washington have shifted from broad debates to detailed discussions over specific legislative language. According to Stuart Alderoty, talks are now more technical and targeted, indicating that negotiators are working through final sticking points rather than reopening foundational questions.

The White House has taken a more direct leadership role in guiding discussions. Representatives from crypto companies, industry advocacy groups, and major banking associations have participated. Traditional financial groups have been vocal about potential risks, particularly around stablecoin reward mechanisms.

The core dispute centers on whether crypto platforms should be allowed to offer yield or rewards on stablecoin balances. Banks argue that high-yield products could draw deposits away from traditional savings accounts, raising financial stability concerns. In response, crypto firms have reportedly scaled back proposals to offer yield on simple idle balances. Negotiations are now focused on allowing rewards tied to specific platform activities rather than passive holdings.

What the Bill Would ChangeThe Clarity Act is designed to define which digital assets fall under securities law and which are overseen by the Commodity Futures Trading Commission. That distinction has long been a source of legal uncertainty for companies operating in the US.

Supporters argue that clear jurisdictional boundaries would reduce compliance risk, encourage innovation, and provide a more predictable environment for both crypto firms and traditional financial institutions.

Momentum around the Clarity Act has shifted meaningfully. A firm deadline, narrowed disputes, and rising passage odds suggest that US crypto regulation may be approaching a defining moment. If approved, the bill could mark the most significant regulatory milestone for the digital asset sector to date.

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

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South Korean lawmakers are stepping up pressure on financial regulators after crypto exchange Bithumb mistakenly credited customers with Bitcoin it did not hold, an error that briefly sparked a rush to sell and renewed questions about oversight of the country’s fast-growing digital-asset market.

Lawmakers said the Financial Services Commission (FSC) failed to detect critical flaws in Bithumb’s internal systems despite at least three inspections since 2022, The Korea Times reported Thursday.

Representative Kang Min-guk of the main opposition People Power Party said the incident is more than a technical mishap, claiming structural weaknesses in the crypto market, including gaps in regulation and oversight.

Bithumb mistakenly credited 2,000 Bitcoin (BTC) per user instead of 2,000 Korean won ($1.4) during a promotional event on Feb. 6, distributing a total of 620,000 BTC that the exchange did not actually hold.

FSC delays probe into Bithumb, intensifying accusationsLawmakers’ criticism of the FSC intensified as the regulator delayed its inspection of Bithumb. The authority opened the investigation on Feb. 10, with FSC officials emphasizing they would take “stern legal actions against acts that harm the market order.”

The probe, initially expected to conclude last Friday, has now been extended, with officials aiming to complete it by the end of February, citing the need for additional review, multiple local publications reported.

Bithumb CEO cites two prior payout incidentsThe FSC’s inspection of Bithumb reportedly covers not only the recent 620,000 BTC error, but also two similar incidents in the past.

“There were two previous cases in which coins were mistakenly paid out and later recovered, but the amounts were minimal,” Bithumb CEO Lee Jae-won said during an emergency National Assembly session on Feb. 11.

From left: FSC vice chairman Kwon Dae-young, FSC governor Lee Chan-jin and Bithumb CEO Lee Jae-won during a National Assembly session on Feb. 11. Source: The Korea TimesIn the latest incident, Bithumb said it managed to recover the majority of miscredited assets, with only 125 BTC ($8.6 million) out of the non-existent 620,000 BTC unrecovered.

Concerns over South Korea’s handling of crypto: The case of the disappearing BitcoinThe Bithumb incident also lands as authorities face renewed embarrassment over custody and security of seized digital assets.

In 2021, 22 BTC, worth around $1.5 million at current prices, disappeared from a cold wallet at Seoul’s Gangnam Police Station during a nationwide audit.

A separate August 2025 case saw 320 BTC vanish from the Gwangju District Prosecutors’ Office, reportedly due to a leaked password. Authorities only reported yesterday that the full amount had been recovered after the hacker returned the funds, raising eyebrows as the disclosure comes amid the ongoing FSS investigation into Bithumb.

Lawmakers and industry observers say these incidents underscore persistent weaknesses in authorities’ oversight and custody of digital assets.

Magazine: How crypto laws changed in 2025 — and how they’ll change in 2026

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy

Metaplanet CEO Simon Gerovich has pushed back against accusations from what he called “anonymous accounts” that the company misled investors about its Bitcoin strategy and disclosures.

Critics on X argued that Metaplanet delayed or withheld price‑sensitive information about large Bitcoin (BTC) purchases and options trades funded with shareholder capital, obscured losses from its derivatives strategy, and failed to fully disclose key terms of its BTC‑backed borrowings.

In a detailed X post on Friday, Gerovich argued that Metaplanet promptly reported all Bitcoin purchases, option strategies, and borrowings, and that critics were misreading its financial statements rather than uncovering misconduct.

September buys and disclosuresGerovich said that Metaplanet had made four Bitcoin purchases in September 2025 and “promptly announced” each one, rejecting claims the company secretly bought at the local peak without disclosure. 

Metaplanet’s real-time public dashboard corroborates the purchases, showing the firm purchased 1,009 BTC on Sept. 1, 136 BTC on Sept. 8, 5,419 BTC on Sept. 22, and 5,268 BTC on Sept. 30, 2025. 

The purchases are also reflected on public tracker Bitcointreasuries.net, along with the public announcements and/or financial statements.

Metaplanet announcement of BTC purchase. Source: MetaplanetGerovich also stressed that selling put options and put spreads was designed to acquire BTC below spot and monetize volatility for shareholders rather than to gamble on short‑term price moves.

Measuring performance by different metricsThe Metaplanet CEO also contested the use of net profit as a yardstick for a Bitcoin treasury company, pointing instead to soaring revenue and operating profit from Bitcoin‑related activities, especially options income. 

Metaplanet reported fiscal 2025 revenue of 8.9 billion Japanese yen (around $58 million) on Monday, up roughly 738% year‑on‑year, even while booking a net loss of about $680 million due to the sharp decrease in price of its Bitcoin holdings. 

Gerovich said that treating those non‑cash losses as evidence of strategic failure misunderstood the accounting treatment of assets.

He noted that Metaplanet had established a credit facility in October 2025 and disclosed subsequent drawdowns in November and December, including information on borrowing amounts, collateral, structure and broad interest terms, all viewable on Metaplanet’s disclosures page.

The lender’s identity and exact rates were withheld, Gerovich said, at the counterparty’s request. 

Finally, he argued that the borrowing conditions were favorable for Metaplanet and that the company’s balance sheet remained solid despite Bitcoin’s drawdown.

Wider backlash against BTC treasury playsGerovich’s defense comes as other listed Bitcoin treasury plays face scrutiny of their own over the sustainability and risk of their Bitcoin‑heavy treasury model.

Strategy, the largest corporate holder of BTC, reported a $12.4 billion net loss in the fourth quarter of 2025 as Bitcoin fell around 22% over the period, although it emphasized a “stronger and more resilient” capital structure and an “indefinite” Bitcoin time horizon. 

Cointelegraph reached out to Metaplanet for additional comment, but had not received a response by publication.

Big Questions: Is China hoarding gold so yuan becomes global reserve instead of USD?

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BitMine made a big bet. Tom Lee’s investment firm said February 20 it’s massively boosting its Ethereum position even as crypto prices keep falling across the board.

The move comes at a pretty rough time for digital assets. Bitcoin dropped below $40,000 last week, and most altcoins got hammered even harder. But BitMine isn’t backing down – they’re actually buying more Ethereum while others run for the exits. The firm thinks Ethereum’s long-term story remains solid despite all the market chaos. Lee’s team allocated what they call “substantial resources” to grab more ETH, though they won’t say exactly how much cash they’re throwing at it.

Most investors are getting cautious. Not BitMine.

The contrarian play reflects BitMine’s confidence in blockchain tech and decentralized apps, according to company sources. While competitors trim their crypto exposure, BitMine is doubling down on what it sees as Ethereum’s inevitable recovery. The firm’s analysts believe current prices create a buying opportunity that won’t last long. They’re betting big that Ethereum 2.0 upgrades will drive serious adoption once they’re fully rolled out later this year.

Ethereum’s network keeps evolving, and BitMine wants in before the crowd catches on. The proof-of-stake transition should slash energy costs and boost transaction speeds – changes that BitMine’s research team thinks will attract institutional money. These technical improvements aren’t just nice-to-haves, they’re game-changers for Ethereum’s competitiveness against other blockchains.

Lee didn’t hold back his optimism. “Ethereum represents a key component of the future digital economy,” he said during a February 19 press briefing. His conviction hasn’t wavered despite ETH dropping to $1,400 multiple times this month. The CEO thinks current weakness creates the perfect entry point for long-term holders willing to stomach volatility.

The strategy carries obvious risks. Crypto markets are brutal, and prices can crater without warning. BitMine knows this but believes Ethereum’s technological roadmap will drive adoption regardless of short-term price swings. The firm’s analysts see the current downturn as temporary noise that obscures Ethereum’s fundamental value proposition.

BitMine’s approach stands out in today’s risk-off environment. Digital Asset Partners halted new crypto purchases February 15, citing market instability. Other hedge funds are cutting positions too. A Crypto Insights report from February 16 showed several major funds reducing their digital asset exposure by 20-30% over the past month.

But BitMine is going the other way. This follows earlier reporting on North Korean Hackers Target Crypto Bosses.

The firm won’t reveal specific purchase amounts or total investment size. Company spokespeople say they’re still finalizing some acquisitions and don’t want to tip off competitors about their exact strategy. This secrecy leaves questions about how deep BitMine is really going with this Ethereum bet.

Market watchers are paying attention. BitMine’s moves could influence other institutional investors who’ve been sitting on the sidelines. If Lee’s firm succeeds, it might encourage more institutional money to flow into Ethereum. If it fails, it could reinforce bearish sentiment that’s already weighing on crypto markets.

Ethereum’s price action has been wild lately. The token briefly recovered to $1,650 on February 18 before sliding back down. These swings highlight the challenges facing investors like BitMine who are trying to time their entries. But Lee’s team seems unfazed by the volatility – they’re focused on where ETH will trade in 12-18 months, not next week.

The investment thesis centers on Ethereum’s smart contract capabilities and its dominance in decentralized finance. BitMine’s analysts think DeFi will keep growing despite current market weakness. They see Ethereum as the foundational layer for most DeFi protocols, giving it a structural advantage that Bitcoin lacks.

BitMine has historically focused on assets with strong developer communities and clear upgrade paths. Ethereum fits both criteria perfectly. The network has thousands of active developers working on improvements, and the roadmap toward full proof-of-stake consensus is well-defined. These factors give BitMine confidence that Ethereum will deliver on its technical promises.

The timing feels risky to some observers. Crypto markets are facing headwinds from regulatory uncertainty, rising interest rates, and broader economic concerns. Many institutional investors are waiting for clearer signals before making big moves. BitMine is betting that waiting means missing the best entry prices. For more details, see Big Institutions Buy Bitcoin While Small.

Lee’s firm isn’t new to contrarian plays. The company made similar moves during the 2018 crypto winter, accumulating Bitcoin and Ethereum when sentiment was terrible. Those positions paid off handsomely during the 2020-2021 bull run. BitMine hopes history repeats itself with this latest accumulation phase.

The board still needs to approve final purchase amounts. Internal evaluations continue as BitMine weighs market conditions against its conviction in Ethereum’s future. Sources close to the firm expect formal approval within days, clearing the way for additional purchases if ETH prices stay depressed.

BitMine’s spokesperson confirmed the firm sees current prices as “an exceptional opportunity to build positions in foundational blockchain infrastructure.” The company expects Ethereum’s proof-of-stake transition to reduce selling pressure from miners while attracting ESG-focused institutional investors who’ve avoided proof-of-work cryptocurrencies.

The proof-of-stake transition addresses one of Ethereum’s biggest criticisms from environmental groups and ESG-conscious investors. Traditional mining consumes massive amounts of electricity, but staking requires 99% less energy according to Ethereum Foundation estimates. This shift could unlock billions in institutional capital that’s been sidelined due to sustainability concerns.

Several major pension funds and endowments have explicitly cited environmental issues as barriers to crypto investment. CalPERS and the Norwegian Government Pension Fund both referenced energy consumption in their crypto policy statements last year. BitMine’s analysts believe these institutional holdouts represent untapped demand that could drive significant price appreciation once Ethereum completes its energy-efficient upgrade.

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CZ Networks Freely at Mar-a-Lago Amid Binance’s USD1 Surge Prefer us on Google

CZ finally returned to US for the first time after presidential pardon.Mar-a-Lago summit highlights crypto-political convergence.Binance reportedly controls 87% of Trump-linked USD1 supply.Changpeng Zhao (CZ), the recently pardoned founder of Binance, returned to the US this week, for the first time since leaving federal prison in 2024. He attended the crypto summit hosted by the Trump family–backed World Liberty Financial (WLFI) at Mar-a-Lago.

The appearance marked a dramatic turnaround for CZ, who pleaded guilty in 2023 to anti-money laundering violations and served a four-month sentence before being granted a full presidential pardon in October 2025.

CZ Returns to US After Presidential PardonReports describe the gathering as both low-key and symbolically loaded. During the event, CZ:

Mingled with Eric Trump and Donald Trump Jr., Attended panels, including one with newly appointed CFTC Chairman Michael Selig, and Shared space with prominent figures such as Goldman Sachs CEO David Solomon, NYSE President Lynn Martin, Coinbase founder Brian Armstrong, Senator Bernie Moreno, Kevin O’Leary, and even Nicki Minaj. “Learned a lot,” CZ shared, emphasizing policy insights rather than political optics.

The optics of CZ’s return are striking. From federal prison and a $50 million personal fine to casually networking at the president’s club, the event signals that the legal chapter is closed.

Trump’s pardoning of CZ effectively removed long-term barriers to US travel and business activity. It allows him to rebuild influence within elite financial and regulatory circles.

Networks at Mar-a-Lago as Binance Controls 87% of Trump-Linked USD1 StablecoinThe timing also coincides with Binance’s growing role in WLFI’s USD1 stablecoin. The exchange reportedly controls roughly 85–87% of the $5.4 billion circulating supply, strengthening a Trump-backed venture that critics have questioned for potential conflicts of interest.

~87% of USD1’s circulating supply is sitting on Binance.

That’s the highest single-exchange concentration among major stablecoins, per Forbes. pic.twitter.com/yWjEtmRH1Z

— 0xMarioNawfal (@RoundtableSpace) February 10, 2026 While some lawmakers and commentators have raised concerns about a perceived quid pro quo between the pardon and Binance’s dominance in the stablecoin, CZ has repeatedly called such reports “not news.”

Binance (users) hold the largest % of most stablecoins (USDT, USDC, USD1, U … you name it) compared to all other CEXs. Not news. 🤷‍♂️

— CZ 🔶 BNB (@cz_binance) February 10, 2026 Nevertheless, Binance is reinforcing its dominance in the USD1 ecosystem with a fresh incentive push. From February 20 to March 20, the exchange will distribute 235 million WLFI tokens to USD1 holders, rewarding early adopters for providing liquidity.

THE MOMENTUM CONTINUES. ➡️ ☝️@Binance USD1 campaign is extended! 235M $WLFI to be distributed to USD1 holders from Feb 20 – Mar 20 (UTC).

Thanks to everyone who joined Month 1. For Month 2, we’re stepping it up to ensure our early adopters are continuously incentivized for…

— WLFI (@worldlibertyfi) February 19, 2026 Mar-a-Lago Summit Highlights Crypto-Political Convergence and USD1 AmbitionsThe Mar-a-Lago summit highlighted the convergence of crypto, finance, and political influence. World Liberty’s leadership outlined ambitious plans for USD1, framing it as a “new digital Bretton Woods system” to integrate real estate, banking, and decentralized finance.

“…the work is just beginning… We are building the future, and we are doing it together,” WLFI wrote.

Attendees were urged to explore its use, while WLFI also announced upcoming tokenized investment products tied to Trump resorts.

Despite Binance remaining barred from US operations due to the 2023 settlement, CZ’s presence at a high-profile US event highlights a shift.

Engagements with policy leaders like CFTC Chairman Rostin Behnam and lobbying veterans such as Brian Armstrong suggest that figures like CZ are regaining a foothold in discussions shaping the future of digital assets.

Whether CZ’s return to the US will translate into renewed operational influence for Binance or remain a high-level networking exercise is uncertain.

What is clear, however, is the symbolism: a once-convicted crypto executive now freely attends elite US circles, at an event that blends business ambition with political connections. Meanwhile, his firm exerts unprecedented influence over a politically linked stablecoin.

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In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

U.S. spot Bitcoin ETFs are seeing their sharpest pullback of the current market cycle, as falling prices and steady investor withdrawals weigh on fund balances. However, analysts say the broader institutional adoption trend remains intact despite the recent pressure.

US Bitcoin ETF Outflows Show Investor CautionAccording to Glassnode data, U.S. spot Bitcoin ETF balances have dropped by about 100,300 BTC since Bitcoin’s all-time high in early October. Total holdings now stand at roughly 1.26 million BTC.

The decline reflects continued net outflows over several months. Data from SoSoValue shows that $1.6 billion was withdrawn from these ETFs in January alone, extending a streak of monthly redemptions that began in November 2025. This marks the biggest balance contraction of the current cycle for U.S.-listed spot Bitcoin products.

Bitcoin Price Drop Pushes Investors to Reduce ExposureThe ETF decline has come alongside a broader market slowdown. After reaching a record high of $126,000 in October, Bitcoin has moved lower into 2026 and is now trading near $67,000. The drop has made investors more cautious across the crypto market.

While spot ETFs were widely credited with helping drive Bitcoin’s rally by bringing in institutional money, some analysts say they may also be adding pressure during downturns. Arthur Hayes recently said that institutional hedging and risk controls could be increasing selling pressure during periods of heavy redemptions.

Glassnode added that institutional selling has contributed to the ongoing weakness and reflects a wider risk-off mood in the market.

Many Bitcoin ETF Investors Now Sitting at a LossThe pullback has left many ETF investors in the red. Glassnode estimates the average entry price for U.S. spot Bitcoin ETF investors is around $83,980 per BTC. With prices now well below that level, the average holder is facing unrealized losses of about 20%.

Outflows have also extended beyond Bitcoin. Digital asset investment funds have recorded four straight weeks of withdrawals, totaling about $3.7 billion during that period.

Overall Bitcoin ETF Inflows Remain StrongDespite the recent outflows, total net inflows into U.S. spot Bitcoin ETFs remain strong. Bloomberg senior ETF analyst Eric Balchunas noted that cumulative net inflows are still near $53 billion, down from a peak above $63 billion in October but still higher than early industry expectations.

Overall, the data suggests the current pullback is part of a normal cycle rather than a major shift. While short-term volatility may continue, Bitcoin’s role in traditional finance appears firmly in place.

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Journalist

Posted: February 20, 2026

On 19 February, Ethereum’s price was trading close to $1,932 after falling towards the $1,700s earlier in the month. The decline had been brutal. However, the reaction that followed felt structurally different.

Aggregated altcoin trading volume against stablecoin pairs expanded aggressively while the prices lagged. Strong buy walls formed repeatedly under the price. Retail capitulated into fear-driven selling too.

Therefore, the real question emerged – Was this quiet accumulation beneath visible panic?

Ethereum bottom driving altcoin volume higher Ethereum’s [ETH] price drop towards $1,700 forced widespread liquidations across altcoins. Weak structures collapsed quickly. Sentiment turned hostile and unforgiving as well. 

Source: TradingView

However, the volume surged during this weakness, instead of fading. That divergence mattered. High participation at depressed prices is often a sign of absorption.

In particular, stablecoin-quoted altcoin volume dwarfed early-cycle 2019–2020 levels. That scale was undeniable. Due to these developments, the structure shifted from pure decline to one of compression.

Source: CryptoQuant

Buy walls repeatedly absorbed aggressive selling when failure to do so would have triggered further collapse. Instead, the altcoin’s price stabilized on the charts. 

Others/Bitcoin breaks multi-year downtrend OTHERS/BTC broke above a long-standing bullish wedge on the weekly chart. That break followed years of lower highs. The shift was not cosmetic.

Source: TradingView

Meanwhile, the MACD told a harsher story. Since 2021, it has flipped red after every breakout attempt. Momentum failed repeatedly, and every spark was crushed.

Notably though, the MACD has now stayed green for two consecutive months for the first time in nearly six years. Previously, only the 2021 altcoin season sustained green momentum. Other breakout attempts were sold aggressively.

After years buried in negative territory and extremely oversold conditions, the indicator has finally begun to wake up. The RSI echoed that shift, climbing steadily from oversold levels and printing higher lows.

However, not everyone might be convinced. A full altcoin season requires broader confirmation. Many believe that without Bitcoin holding above the Weekly EMA 200, any rally would remain fragile.

Hence, confidence still depends on Bitcoin holding above the Weekly EMA 200.

Is an altcoin rally imminent? The ALT/BTC echoed similar strength with a persistent green MACD histogram. That consistency had been absent for years. Therefore, momentum might just be shifting gradually.

However, the prices still remain below prior cycle highs. The structure may be constructive, but incomplete too. February’s close will carry heavy weight for the altcoin. 

If February closes green, the implications would extend beyond optics. It would confirm sustained rotation after years of rejection. Looking ahead, that could open the door for an altcoin rally in the coming months as 2026 progresses. 

Final Summary Volume expansion and MACD strength hinted at structural accumulation across Ethereum’s charts.  A confirmed green February close could ignite broader altcoin momentum.

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

Markets are tilting back toward the oldest cryptocurrency. Prices have found a busy band between $65,000 and $72,000. Trading in that range has become a focal point for big players and long holders. Some traders are piling in. Others are stepping aside.

Trading Volume Rotation According to exchange figures, Bitcoin’s share of trades has climbed while many altcoins have lost ground. Reports say Bitcoin made up close to 37% of total trading on a recent snapshot, with a chunk of the market now shifting away from smaller tokens.

Ethereum still holds a large piece at roughly 28%, but the combined altcoin share has fallen sharply from late last year, down from roughly 59% to levels near 35%. That drop looks large on the charts. It shows money moving back to the most familiar asset.

Altcoin Volumes Shrink by 50% as Capital Rotates Back to Bitcoin

“This pattern has appeared repeatedly during previous corrective phases, including April 2025, August 2024, and October 2022 near the end of the bear market.” – By @Darkfost_Coc

Link ⤵️https://t.co/B0ZFeiMukl pic.twitter.com/jVRTOkaTic

— CryptoQuant.com (@cryptoquant_com) February 18, 2026

The Price Band That Draws Attention Large orders and institutional flow have gravitated to the mentioned price band. Whales and long-term holders are active there; accumulation and sales are both visible. Some of the activity appears to be profit-taking after strong runs.

Some moves are defensive, as traders favor the perceived safety of the oldest coin when the broader market feels uncertain. Liquidity concentrates where market participants expect it. When that happens, price swings can be sharper on one side than the other.

What Market Caps And Dominance Reveal Reports note Bitcoin’s market cap has slipped from near $1.55 trillion to about $1.34 trillion over recent weeks, while many altcoins saw much smaller declines in total market value.

The shift in volume does not always match market cap changes, but it is meaningful: more trading in Bitcoin means more attention and faster price discovery for that asset.

Dominance readings have edged down slightly over a short window, yet Bitcoin remains the most traded token on major platforms. Historical patterns show capital rotating into Bitcoin during corrections, and this cycle fits that mold.

BTCUSD currently trading at $65,952. Chart: TradingView Why Traders Are Watching Some traders expect stability to return if Bitcoin holds its current range. Others warn that heavy concentration of orders can produce sudden pressure when sentiment flips.

The movement out of altcoins may create missed opportunities for selective buyers, but it also compresses risk for those who prefer a single market leader. Market watchers will be watching volume flows and order books closely over the next sessions.

Bitcoin Reclaims The Spotlight Based on reports, Bitcoin has reasserted itself as the main focus of crypto trading for now. Short-term behavior will depend on whether buyers in the $65,000–$72,000 zone keep adding or whether selling pressure builds and forces a wider move.

Either way, the rotation away from many altcoins is clear, and traders are recalibrating where they place their bets.

Featured image from Pexels, chart from TradingView

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Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he's a cook and cinephile who's constantly intrigued by the size of the universe.