[IMPORTANT] Glassnode Highlights Decline in Bitcoin Long-Term Holder Buying; $54K May Become Key ...
Glassnode data reveals that Bitcoin long-term holder accumulation has slowed after the recent February sell-off, with stress levels akin to those during the Luna collapse. The Long-Term Holder SOPR falling below one signals loss-taking among veteran investors. Market experts note that if the $65,000 support fails, $54,000 could become the next support, while a large buy wall near $60,000 suggests possible short-term stabilization.
Backpack has launched an identity verification process in preparation for its upcoming Token Generation Event (TGE). This verification can be completed through both the website and the mobile application. The move is a preparatory step to enable users to claim their tokens.
Kraken to Support Wyoming's 'Trump Accounts' Program, Commends State's Pro-Crypto Regulations
Kraken, a leading cryptocurrency exchange, will sponsor Wyoming's 'Trump Accounts,' a savings program for children funded initially by a federal deposit. The program targets newborns from 2025 to 2028, aiming to provide financial security with a $1,000 starting balance. Kraken's leadership praised Wyoming's regulatory environment, emphasizing the state's pioneering role in crypto-friendly policies and its granting of Special Purpose Depository Institution status to Kraken.
DeFiLlama data reveals that more than 60 blockchain chains have monthly fees under $1,000. Several of these chains are backed by major institutional funding. Examples include Stroy with $707, Corn with $424, and Mode with $400 in fees over 30 days.
Yen and Topix Index Show Historic Positive Correlation for the First Time Since 2005
The correlation between the Japanese yen and the Topix stock index has turned positive for the first time since 2005, indicating they are rising together. Over the past year, the yen appreciated 1% against the US dollar, while Topix increased by 38%. Historically, such positive correlation has occurred during prolonged bull markets in Japan, Germany, and China.
Kraken, a cryptocurrency exchange, has endorsed President Trump's 'Trump Accounts' savings plan aimed at children under 18. Wyoming was selected for this initiative due to its progressive and responsible crypto regulatory environment. Wyoming Senator Cynthia Lummis announced Kraken's commitment to fund Trump Accounts for all newborns in the state.
Philippine Digital Bank Maya Contemplates Up to $1 Billion U.S. IPO Including Crypto Services
Philippine digital bank Maya is planning a U.S. initial public offering that could raise up to $1 billion, engaging with advisors on the listing process. Maya operates under a Philippine central bank license and offers a regulated in-app cryptocurrency trading service. Investors and regulators are closely monitoring whether Maya's crypto operations will enhance growth prospects or introduce valuation volatility in the IPO.
TRM Labs reports that Monero's on-chain transaction activity has remained stable through 2024 and 2025 despite major exchange delistings. While ransomware actors prefer Monero for payments, most ransoms are still paid in Bitcoin. Additionally, half of new darknet markets in 2025 accept Monero-only payments, highlighting its use in high-risk sectors.
[IMPORTANT] Consensus Hong Kong 2026 Highlights Crypto’s Shift Toward AI Integration and Infrastr...
At Consensus Hong Kong 2026, artificial intelligence dominated discussions as the crypto industry explores its integration and implications. Major players highlighted current AI applications in exchanges, projected AI's strategic superiority within two years, and examined the infrastructure needed for AI-driven economies. Despite hype skepticism from venture capitalists, a foundational framework involving stablecoins, agentic trading, and decentralized AI is emerging to provide crypto with long-term utility beyond speculation.
Astaria CEO's Wallet Deposits $5.8M in WLD Tokens to Binance
A wallet believed to belong to Justin Bram, CEO of Astaria, recently transferred 14.18 million WLD tokens worth about $5.78 million to Binance. After the deposit, the wallet still holds 4.82 million WLD tokens, approximately valued at $1.94 million. This large movement of tokens has sparked interest about potential selling or strategic operations by the company's leadership.
Machi Big Brother Rebalances Portfolio, Increasing Long Positions on BTC, ETH, and HYPE
Machi Big Brother Huang Licheng has sold certain altcoins and some ETH to increase his leveraged long positions on Bitcoin, Ethereum, and HYPE tokens on Hyperliquid. Currently, he maintains a 25x long on 6,200 ETH, a 40x long on 25 BTC, and a 10x long on 55,000 HYPE. Entry and liquidation prices for each position indicate significant leveraged exposure pointing to strong bullish sentiment on these assets.
TRM Labs finds that Monero's (XMR) onchain transaction volume has been stable through 2024–2025, maintaining levels above those before 2022 despite being delisted or restricted on major exchanges like Binance and Coinbase. The report highlights that ransomware groups still prefer Monero for payments due to its privacy features, but most ransom settlements are ultimately made in Bitcoin (BTC). This dynamic underscores the ongoing role of privacy coins in illicit finance even as Bitcoin remains dominant in ransom conversions.
[IMPORTANT] Data Reveals Over $2 Billion in Ethereum Shorts Concentrated Above $2,200 Amid Strong...
Ethereum has seen a 20% price drop in February, yet on-chain data shows continued accumulation with over 2.5 million ETH added to accumulation addresses. Currently, more than 30% of ETH's circulating supply is staked, and network activity has hit new highs with 17.3 million weekly transactions. The derivatives market reveals $11.2 billion in open interest, with $2 billion in short positions clustered above $2,200 and a potential breakout above $2,150 signaling upward momentum.
Elon Musk Poised to Become World's First Trillionaire This Year, Forbes and Forecast Data Reveal
Tesla CEO Elon Musk's net worth is nearing $850 billion, placing him close to becoming the first trillionaire globally. Forecasting platform Kalshi estimates a 78% probability of Musk reaching a trillion-dollar valuation within the year. Musk reportedly holds less than $850 million in cash, making cash a minimal portion of his overall net worth.
Philippine Digital Bank Maya Considers US IPO to Raise $1 Billion
Philippine digital bank Maya is planning an initial public offering in the United States, aiming to raise up to $1 billion. Maya operates with a digital banking license from the Philippine Central Bank and offers various financial services including cryptocurrency trading under regulatory supervision. The US IPO would provide access to a larger capital base and institutional investors, though the market will scrutinize the bank's fundamentals alongside its crypto compliance.
[IMPORTANT] Philippines-Based Digital Bank Maya Eyes $1 Billion U.S. IPO Amid Crypto Service Chal...
Maya, a Philippine digital bank with a regulated crypto trading service, is planning a U.S. IPO to raise up to $1 billion. The bank faces user complaints over temporary trading restrictions on volatile cryptocurrencies during sharp price changes. Analysts say the IPO’s success hinges on stable earnings, disciplined governance, and clear management of its crypto segment amid investor caution.
Nexo Plans 2026 US Market Re-Entry with Regulatory-Compliant Crypto Lending Services
Crypto lending platform Nexo announced it will resume operations in the US market in 2026, offering regulatory-compliant investment and credit products. The company's digital asset trading infrastructure is powered by Bakkt. Nexo's US launch includes a full suite of digital asset services aimed at enhancing portfolio management and liquidity solutions.
Wang Yongli Argues Bitcoin and Crypto as Currency Anchors Misunderstand Monetary Evolution
Wang Yongli, former Deputy Governor of the Bank of China, explains that modern currency no longer relies on metal backing or any tradable assets as anchors. He emphasizes that attaching currency to assets like Bitcoin or rare earths restricts money supply flexibility, which is essential for economic growth. Wang concludes that using crypto assets as a new monetary anchor misunderstands fundamental monetary development laws.
Gold and Crude Oil Prices See Declines While Crypto Volatility Dips Slightly
Gold prices fell marginally to $4,960 per ounce with a 0.63% drop intraday, while silver showed a slight increase of 0.05% to $75.9 per ounce. Crude oil prices also declined, with WTI down 0.17% to $63.59 and Brent down 0.14% to $68.65 per barrel. Crypto volatility indices for Bitcoin and Ethereum saw small decreases, signaling reduced market uncertainty.
[IMPORTANT] Harvard University Cuts Bitcoin Holdings by 20% in Q4 2025 and Invests $86 Million in...
Harvard University reduced its Bitcoin holdings by 20% during Q4 of 2025, having previously purchased BTC at over $100,000 per coin. Simultaneously, the university acquired an $86 million Ethereum position when ETH prices were above $4,000. Currently, Ethereum trades at $1,800, significantly below the entry price.