Author: Kryptonews
USD1, the U.S. dollar stablecoin of World Liberty Financial — a crypto protocol with close links to President Donald Trump’s family — slipped from its $1 peg on Monday amid what the project’s developers described as a “coordinated attack” against the protocol.The token fell to as low as $0.994 during the day, some 0.6% from its intended $1 anchor, CoinGecko data shows.In a Monday X post, the team behind USD1 said multiple cofounder accounts were hacked, influencers were paid to sow doubt, and short positions were opened against the protocol’s native token, WLFI, in what they framed as a deliberate…
Bitcoin (BTC) may form a bottom in the coming weeks as Tether’s USDt (USDT) market cap dropped to levels that preceded BTC’s 2022 bear market lows.Key takeaways:Tether’s USDt triggers a signal that last time preceded a 100% Bitcoin price rally.BTC price is testing two major support zones that have historically triggered significant price rebounds.Tether flashes a bottom signal reminiscent of 2022On Sunday, Tether USDt’s 60-day market cap change was down by $3.1 billion (see chart below), revisiting a historically significant zone that aligned with Bitcoin’s 2022 bear market lows.The only other time USDT’s market cap declined by $3 billion in…
BitMine Immersion Technologies (BMNR) purchased 51,162 ether (ETH) last week, or roughly $98 million at current prices.The latest purchase lifted the firm’s total holdings over 4.42 million tokens as of February 22, cornering 3.66% of the token’s total supply, the company said in its latest Monday update. It also holds 193 bitcoin, 691 million in cash, and equity stakes, including a $200 million investment in Beast Industries and a smaller investment in Eightco Holdings.The company said it is generating $171 million in annualized revenue via staking over 3 million of its ETH holdings.BMNR is down 2% in pre-market trading and…
The HeadlinesDRUMMED UP. France has finally repatriated a long-promised looted artifact to the Ivory Coast, known as the “talking drum,” or Djidji Ayokwe, reports Le Monde. In 1916, when French colonial officers learned that the Ivory Coast’s Ebrie tribe used the 10-foot-long wood-sculpted drum to warn of oncoming French soldiers, the latter stole it from them. Eventually, the French brought the drum to Paris, where it made its rounds through several museums, ultimately landing in the Musée du Quai Branly. A special law had to be passed in order to restitute the drum, because it was part of France’s nationally…
By Omkar Godbole (All times ET unless indicated otherwise)Tariff uncertainty is back to haunt markets, and it’s no surprise bitcoin BTC$65,755.04 traders are chasing downside protection.On Friday, the U.S. Supreme Court ruled against President Donald Trump’s emergency tariffs from April last year. Within a few hours, Trump had announced fresh tariffs, invoking a law that allows an import levy of up to 15% for 150 days to address “international payment problems.”That’s confirmation the president still sees “tariffs” as the most beautiful word in the English dictionary. It also means trade-related uncertainty is here to stay, posing a headwind to risk…
The top stablecoin, $USDT, has recently shown a rare market signal. In this respect, the 60-day market capitalization change of $USDT has dropped below the -$3B mark. As per the data from CryptoQuant, this development mirrors the outlook seen back in the Bitcoin ($BTC) bottom of 2022. At that time, $BTC bottomed around $16,000 after forced selling due to extreme fear. USDT Just Triggered a Signal Seen Only at the 2022 Bottom“Extreme liquidity stress has historically marked opportunity, but only once selling exhaustion is confirmed.” – By @MorenoDV_ pic.twitter.com/xxGJgQziEF— CryptoQuant.com (@cryptoquant_com) February 23, 2026 $USDT Liquidity Contraction Shows Striking Resemblance…
The best crypto exchange in UAE is what every serious investor is searching for, but choosing the right one isn’t as simple as it sounds. We understand the Dubai Financial Services Authority landscape and how local rules affect where and how you trade. When you’re putting your money into crypto, you need a platform that’s licensed and secure.In this article, we simplify your search by discussing the top crypto exchanges available to UAE traders in 2026. We break down fees, regulation, supported coins, AED deposits, and security features. We’ll also show you how to get started safely and what to…
South Korea’s central bank has reportedly renewed its push to keep Korean won-pegged stablecoin issuance in the hands of commercial banks, warning lawmakers that privately issued digital tokens could undermine monetary policy and create new foreign-exchange and financial-stability risks.In a report submitted to South Korea’s National Assembly Strategy and Finance Committee, the Bank of Korea (BOK) described won stablecoins as “currency-like substitutes” and said their introduction must account not only for industrial benefits but also for monetary policy, foreign exchange stability and financial risks, according to local reporting. The central bank reiterated concerns that stablecoins could be used to bypass foreign…
Ethereum’s native token, Ether (ETH), is on track to test and potentially break the $1,500 support level in the coming days. Key takeaways:Ethereum has entered the breakdown phase of its prevailing bearish continuation pattern.ETH price may decline below $1,500 by early March amid founder-led selling.ETH bear pennant breakdown targets $1,475On Monday, ETH’s price dropped by more than 5.60% to about $1,850 amid a broader de-risking sentiment led by nervousness surrounding tariffs.In doing so, the biggest altcoin broke below the lower trendline of its prevailing bear pennant pattern, with rising volumes indicating traders’ conviction behind the breakdown move. Edit the caption…
Bitdeer (BTDR) a Singapore-based bitcoin mining and AI infrastructure company has reduced its bitcoin treasury stash to zero, marking a sharp break from the miner playbook of hoarding coins as a signal of conviction seen by the likes of Strategy (MSTR). The company reported BTC holdings of zero as of Feb. 20, excluding customer deposits. It produced 189.8 BTC on their weekly update and sold the entire amount. Instead of positioning bitcoin as a balance sheet reserve, Bitdeer is turning production into liquidity.Bitdeer said the decision to sell bitcoin should not concern the broader market, in a post on X,…
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