Author: Kryptonews

XRP (XRP)  has retraced nearly 63% from its multi-year high of $3.66 to trade at $1.36 on Wednesday, a technical setup that may have bearish implications for its price, according to a market analyst.  Key takeaways:XRP appeared bearish below $1.40, with chart technicals pointing to a further drop toward $0.70-$1.Persistent spot XRP ETFs inflows, whale accumulation and a surge in active addresses could invalidate the bearish outlook.Where will XRP price bottom?In a Tuesday post on X, Chart Nerd said that previous fractals from the monthly Gaussian Channel indicator suggest that XRP could drop lower over the coming weeks or months.Related: XRP…

WhatsApp, the messaging app owned by social media giant Meta, has accused Russia of attempting to block access for millions of its users to push them towards its state-owned alternative.“Trying to isolate over 100 million users from private and secure communication is a backward step and can only lead to less safety for people in Russia. We continue to do everything we can to keep users connected,” the company said in an X post on Wednesday.Moscow’s state-backed platform Max was launched in March 2025 by Russian tech firm VK as a domestic alternative to foreign-owned services such as WhatsApp and…

Bitcoin treasury company Strategy will further lean on its preferred stock sales to acquire Bitcoin, shifting from its strategy of selling common stock, says CEO Phong Le.“We will start to transition from equity capital to preferred capital,” Le told Bloomberg’s “The Close” on Wednesday.Stretch (STRC) is Strategy’s perpetual preferred stock, launched in July, and is aimed at buyers looking for stability by offering an annual dividend of over 11%. STRC is the company’s fourth perpetual preferred offering, launched to finance its Bitcoin (BTC) purchases. It’s an alternative to issuing new shares that dilute its stock price. Strategy CEO Phong Le appears…

Fundstrat head of research Tom Lee said he expects Ether to rebound quickly following recent declines, arguing the asset has experienced eight such recoveries since 2018. “A lot of people are frustrated, but keep in mind that Ethereum, since 2018, has fallen more than 50% eight times,” Lee said at a conference in Hong Kong on Wednesday. Last year, Ethereum fell 64% from January to March, he added. “But eight out of eight times, Ethereum has had a V-shaped bottom. So it has recovered 100% of the time within almost the same speed that it fell.” He argued that nothing has changed and…

On Wednesday, Artforum announced that editor-in-chief Tina Rivers Ryan will depart from her role at the end of February. She will be replaced by the publication’s executive editor, Rachel Wetzler, and editor Daniel Wenger, who will now serve as co-editors. (The editor-in-chief title will no longer be used.) Ryan, a curator, critic, and specialist in digital art, joined the publication in 2024, after serving as a curator at the Buffalo AKG Art Museum for seven years. She also spent time at the Metropolitan Museum of Art as a curatorial research assistant in the modern and contemporary art department. Related Articles…

Though the cryptocurrency market is volatile, certain altcoins have grown significantly. According to CoinMarketCap’s “Top Gainers,” the crypto market is separating “traditional” large blue-chip currencies from strong high-momentum mid-cap coins. Despite bearish market sentiment, a few cryptocurrencies are showing very large double-digit gains due to continued interest and activity in their ecosystems and a resurgence of interest from investors in some of the more obscure categories of cryptocurrencies. River and Pippin – The New Leaders of Momentum River (RIVER) has been the best performing token over the last 24 hours, with gains of more than 27%, bringing the price of…

Thailand’s government on Tuesday approved the Finance Ministry’s proposal allowing digital assets to be used as underlying assets in the country’s derivatives and capital markets. The move aims to modernize Thailand’s derivatives markets in line with international standards, strengthen regulatory oversight and investor protection, and position itself as a regional hub for institutional crypto trading, the Bangkok Post reported.The country’s Securities and Exchange Commission (SEC) will amend the Derivatives Act to enable these new asset classes, which include Bitcoin (BTC) and carbon credits. “The decision to formally recognize digital assets, including cryptocurrencies and digital tokens […] reflects a growing understanding that…

Stretch (STRC), the perpetual preferred equity issued by Strategy (MSTR) the world’s largest corporate bitcoin holder reclaimed its $100 par value during Wednesday’s U.S. session for the first time since mid-January. STRC trading at or above par enables the company to resume at-the-market (ATM) offerings to fund further bitcoin acquisitions. STRC last hit the $100 level on Jan. 16 when bitcoin hovered near $97,000; however, as the largest cryptocurrency by market capitalization retreated to as low as $60,000 by on Feb. 5, STRC dipped to a low of $93 before its recent rebound. Positioned as a short-duration, high-yield credit instrument,…

Institution-focused crypto lending platform BlockFills announced it halted customer deposits and withdrawals last week as Bitcoin and the broader crypto market continued to tumble. The suspension, which remains in effect, was intended to protect clients and restore liquidity on the platform, BlockFills said in an X post on Wednesday.Last week’s market tumble saw Bitcoin fall another 24% from $78,995 to $60,000.Blockfills said the withdrawal and deposit halt came “in light of recent market and financial conditions.”“Management has been working hand in hand with investors and clients to bring this issue to a swift resolution and to restore liquidity to the platform,”…

Sui is gaining attention for its unique object-centric model and parallel transaction execution, supporting DeFi, NFT marketplaces, and Web3 gaming. It is a layer 1 blockchain designed for high-speed, low-cost transactions, smart contract deployment, and scalable applications.In this guide, you’ll learn what Sui crypto is, how the SUI token works, the structure of its ecosystem, top projects and applications, and key considerations for investors and developers exploring the network in 2026. What is Sui (SUI)?Sui is a layer-1 blockchain designed to process transactions quickly, cheaply, and at scale, without the usual trade-offs that many other blockchains face. Sui takes a different…