Author: Kryptonews

Wall Street analysts from companies including JPMorgan (JPM) and Cannacord lowered their price targets for Coinbase (COIN) stock after the largest publicly traded crypto exchange missed fourth-quarter earnings estimates.JPMorgan said weak crypto prices and trading activity weighed on volumes and fees. The bank maintained its overweight rating on the crypto exchange, but cut the price target to $252 from $290 in the Thursday report.The stock, which is down about 40% so far this year, was priced around $150 at publication time in pre-market trading. It closed yesterday at $141.09.Crypto-linked equities have had a choppy start to the year, broadly tracking…

Elon Musk’s social media platform X is set to soon let users trade stocks and cryptocurrencies directly from their timelines as the company pushes deeper into financial services.The upcoming features, described by the company’s head of product, Nikita Bier, will include “Smart Cashtags.” These will allow users to interact with ticker symbols in posts and execute trades from the app.The announcement comes as the company prepares to launch an external beta of X Money, its in-house payments system. Musk said the tool is already live in internal testing and will be available to a limited group of users within one…

Blockchain technology is an effective medium for administering social benefit programs, but key compliance challenges remain, according to Julie Myers Wood, CEO of compliance and monitoring consulting firm Guidepost Solutions. Guidepost Solutions advised the Republic of the Marshall Islands’ government on a regulatory compliance and sanctions framework for its USDM1 bond, a tokenized debt instrument issued by the government, backed 1:1 by short-term US Treasuries.The Marshall Islands government launched a Universal Basic Income (UBI) program in November 2025 that distributes quarterly benefits to citizens directly through a mobile wallet. Wood told Cointelegraph:“Any benefit that is currently being distributed through analog…

Tomasz Stanczak will step down as co-executive director of the Ethereum Foundation (EF) at the end of February, less than a year after his appointment. He will be succeeded by Bastian Aue, who joins Hsiao-Wei Wang in leading the non-profit overseeing the Ethereum (ETH) ecosystem. We have just announced an update on a change in the executive leadership team. @tkstanczak is a unique talent and leader, accomplishing more in a single year than most could ever hope to. His exceptionally open-minded mentality also inspired all of us. This is why we accepted… https://t.co/OWYakLwSos — Aya Miyaguchi (@AyaMiyagotchi) February 13, 2026…

Institutional interest in crypto is accelerating even as markets fluctuate, according to Sui executives at Consensus Hong Kong 2026.Stephen Mackintosh, chief investment officer of Sui Group Holdings, called 2025 a “landmark year for institutional adoption,” pointing to the boom in digital asset treasury (DAT) vehicles and the success of spot bitcoin ETFs. “Post the Genius Act, we’ve seen so much more institutional demand and awareness for what the promise of crypto could deliver,” he said, particularly around tokenization and stablecoins.While sentiment has fluctuated, Mackintosh argued the structural shift is clear. “The market, despite all of the sentiment being low, has…

Crypto is no longer just an asset class, it is also an ever-more critical part of financial infrastructure, says Steve Kurz, Galaxy Digital’s (GLXY) global head of asset management and co-head of digital assets In “The Great Convergence,” the company’s 2026 investment outlook, Kurz sets out a plan that’s pragmatic about what can be done now while staying optimistic about the big picture in the long run.The defining story of this cycle, he argues, is the asset-to-infrastructure transformation.”The convergence of traditional financial rails with crypto infrastructure represents a significant and durable market structure evolution for global financial services,” Kurz told…

Ether (ETH) traded back above $2,000 on Friday, and its gains extended after the US Consumer Price Index (CPI) print came in cooler than expected.The recovery put ETH/USD on track for its first bullish weekly candle close since mid-January, fueling speculation for a rally toward $2,500. Key takeaways:Ether futures’ open interest fell by 80 million ETH in 30 days, and funding rates hit three-year lows, indicating a weakening bearish trend.ETH price has established strong support around $2,000, a level that must hold to secure the recovery.  ETH/USD hourly chart. Source: Cointelegraph/TradingViewEther open interest falls by 80 million ETHCryptoQuant data shows Ether…

The CEO of Praetorian Group International (PGI) was sentenced to 20 years in prison in the U.S. for running a global Ponzi scheme that falsely claimed to invest in bitcoin and foreign exchange trading.Ramil Ventura Palafox, 61, promised daily returns of up to 3%, misleading more than 90,000 investors and draining over $62.7 million in funds, according to a Thursday statement from the U.S. Attorney’s Office for the Eastern District of Virginia. PGI collected more than $201 million from investors between late 2019 and 2021, including over 8,000 bitcoin BTC$69,804.50, according to court records. Instead of investing the money, prosecutors…

The Louvre‘s Denon Wing, an area of the Paris museum that hosts masterpieces by Leonardo da Vinci, Eugène Delacroix, Théodore Géricault, and many more, sprang a leak on Thursday night, marking the latest difficult turn for an institution that is facing fallout from last year’s heist, scrutiny over its infrastructure, and continued work stoppages. A union spokesperson told Reuters on Friday that the leak happened in Room 707 of the museum, which reportedly holds works by artists such as Bernardino Luini and Charles Meynier. The French broadcaster BMF TV also confirmed news of the leak, reporting that the Louvre had…

The crypto market in early 2026 continues to be very vast and confusing due to its extreme volatility and many different strategies being utilized for victory. Solana (SOL) is at the center of the conversation, while the network is undergoing the largest technical update ever seen. As market participants closely monitor key price coordinates, recent analysis by Ali Martinez using data from Glassnode’s Unspent Realized Price Distribution provides a clear indication of where the line lies for both bulls and bears. This helps explain how price action could build momentum toward either bullish or bearish motivations in the market. Technical…