Blockonomi

TLDR:

Canton Network processes $350 billion in daily repo transactions across over 600 validator nodes globally 

DTCC tokenizing U.S. Treasuries on Canton with SEC approval, targeting MVP launch in first half of 2026 

JPMorgan’s Kinexys announced plans to issue JPM Coin deposit token natively on Canton Network in January 

Platform carries over $6 trillion in tokenized real-world assets with privacy features for regulated firms

 

Canton Network has emerged as a major institutional blockchain infrastructure, processing $350 billion in daily repo transactions.

The Layer 1 blockchain carries over $6 trillion in tokenized real-world assets across more than 600 validator nodes.

Major financial institutions, including JPMorgan, DTCC, Goldman Sachs, and Franklin Templeton, have deployed production systems on the network.

The platform handles over 700,000 daily transactions while maintaining privacy requirements for regulated financial institutions.

Privacy-First Architecture for Regulated Finance

Canton Network operates as a Layer 1 blockchain designed specifically for financial institutions moving real-world assets on-chain.

Digital Asset built the platform around privacy between counterparties, rapid settlement, and native compliance features.

Traditional public blockchains display every transaction to all network participants, creating legal obstacles for banks required to maintain client confidentiality.

Delphi Digital noted that “$350 billion a day settles on a blockchain many people have never heard of.” The network solves privacy challenges through DAML smart contracts that embed access and authorization rules directly into assets and transactions.

https://t.co/OpdiBVQdc0

— Delphi Digital (@Delphi_Digital) February 8, 2026

Two firms can complete trades without exposing details to outside parties. Regulators maintain necessary access while other network participants cannot view unrelated activity.

Settlement happens atomically, eliminating the multi-day clearing processes common on traditional financial rails. Both sides of trades execute simultaneously, removing windows where one party has delivered while the other has not.

According to the analysis, “there is no window where one party has delivered, and the other hasn’t,” eliminating risk categories in repo markets where hundreds of billions move daily.

The platform enables different financial applications to interact natively across the network. A tokenized treasury on one platform can serve as collateral on another platform within a single transaction.

Cross-application settlement between regulated institutions occurs without central intermediaries, a capability not previously demonstrated at this scale.

Production Deployments from Major Institutions

Daily repo volumes reached $350 billion in recent months, up from $280 billion in August 2025. Broadridge operates its entire Distributed Ledger Repo platform on the network as the first major live deployment. Banks and institutions use repo markets to borrow short-term against Treasury collateral.

DTCC is tokenizing U.S. Treasury securities on Canton Network, backed by SEC No-Action Letter approval. The project targets an MVP release in the first half of 2026 with broader rollout planned for later that year.

DTCC joined the Canton Foundation as co-chair alongside Euroclear. As observers emphasized, this is “not a test. Not a pilot.”

Franklin Templeton expanded its tokenized fund platform to the network, joining Goldman Sachs, BNP Paribas, and Deutsche Börse.

JPMorgan’s blockchain unit Kinexys announced plans to issue JPM Coin, its USD deposit token, natively on Canton Network in January.

Fireblocks subsequently integrated the platform and became a Super Validator, providing regulated custody for institutional clients.

The validator network includes HexTrust and Tharimmune, the first NASDAQ-listed company operating as a super validator. These regulated firms run production systems processing real transactions under regulatory oversight.

The network lacks public block explorers, reflecting its institutional focus. As noted, “Canton was not built for retail. It was built for the firms that move your money.”

 

The post Canton Network: Wall Street’s Hidden Blockchain Settles $350 Billion in Daily Repo Trades appeared first on Blockonomi.

TLDR:

Bitcoin struggles at $70K, revealing weak buyer power amid high trading activity. 

BTC trades at $71,098 with $44.95B in 24-hour volume, showing strong market participation. 

Reclaiming $70K could trigger 8–10% rally toward $75K–$77K resistance zones. 

Failing $70K increases risk of testing mid-$60K support in the short term.

 

The price of Bitcoin (BTC) is $71,098.81 today, gaining 2.65% over the past 24 hours. However, BTC has fallen 9.04% in the last seven days, reflecting short-term volatility and resistance near the $70K level. 

Trading activity remains high, with a 24-hour volume of $44.95 billion, signaling strong market engagement. Bitcoin is balancing upward momentum against broader weekly losses while determining the next potential market direction.

$70K: Key Resistance and Market Response

Bitcoin recently attempted to reclaim $70K, but the price faced rejection and could not sustain above this critical level. This shows that buyers were insufficient to absorb the supply concentrated in this zone. 

Historically, decisive upward moves require serious, aggressive attempts. Weak responses often lead to temporary consolidation or minor pullbacks in the short term.

$BTC tried to reclaim the $70,000 level but failed.

A reclaim of the $70,000 level is needed for another 8%-10% upward move.

A failure to reclaim the $70,000 zone could push Bitcoin towards this week's low. pic.twitter.com/LiSGH4dXGi

— Ted (@TedPillows) February 7, 2026

Below $70K, Bitcoin is trading in a low-liquidity area, where support remains limited until mid-$60K levels. Markets often retest recently broken levels after sharp impulse moves downward. 

The failure to reclaim $70K increases the likelihood of revisiting this zone before any sustained upward attempt. Traders and analysts monitor these zones closely for structural signals rather than relying on emotional reactions.

If Bitcoin reclaims $70K with real acceptance, meaning sustained closes above the level, momentum continuation becomes clearer. Technical projections suggest an 8–10% move, targeting $75K–$77K. 

This potential upward path would likely involve short covering and new buyers entering positions. Observing acceptance above $70K, rather than temporary wicks, is crucial for short-term direction.

Monthly Chart Structure and Conditional Paths

Monthly charts show Bitcoin losing key support after a parabolic advance. Historical cycles indicate hesitation below critical levels before accelerated downward moves. 

Such pauses trap long-term investors and erode confidence gradually among market participants.

Did someone hit copy and paste with $BTC chart?

The similarities between this cycle and the last one are insane. pic.twitter.com/OJkpauahqk

— Ted (@TedPillows) February 8, 2026

From 2021 to 2022, Bitcoin followed a similar pattern: strong uptrend, loss of key support, brief consolidation, then accelerated decline into demand zones. 

Current action mirrors this structure, with low-$80K support broken and a potential downside expansion zone forming near historical demand areas.

Bitcoin’s short-term path depends on interaction with $70K. A decisive reclaim could trigger bullish continuation, while sustained rejection increases the likelihood of testing mid-$60K support. 

Minor retracements allow accumulation for the next leg higher. Traders are advised to respect high-timeframe levels and focus on market structure rather than reacting to short-term volatility.

The post BTC Tests $70K Resistance: Could Bulls Rally to $75K or Drop Toward $65K? appeared first on Blockonomi.

Traders are now starting to look beyond single-chain markets, using more flexible on-chain derivatives products. With increasing speed in the Solana ecosystem, there is a growing need for perpetual futures products that can efficiently track price movements without compromising on non-custodial, transparent, and on-chain qualities.

These developments are taking place alongside other shifts in DeFi trading dynamics, where traders are now looking for leverage but are also requiring capital efficiency, reliability, and risk parameters.

Platforms such as HFDX are benefiting from this evolution by offering on-chain perpetual futures and structured liquidity strategies designed for cross-chain participation rather than siloed liquidity.

SOL Ecosystem Growth Fuels Spike In Cross-Chain Perp Trading On HFDX

Solana is currently trading at $92.25, down 4.82% in the last 24 hours, but trading volumes are still high. With a market cap of $52.32 billion and daily trading volumes of $8.13 billion, up over 32%, it is clear that engagement is increasing, not decreasing.

For traders, the current state of the market is conducive to derivatives trading as opposed to spot trading.

Cross-chain perps enable traders to engage, hedge, and short without leaving their ecosystems. As Solana liquidity within its ecosystem continues to increase, traders are increasingly turning to cross-chain perps for risk management and efficient leverage utilization.

This is a reality of the market that traders must understand. Liquidity does not remain on one chain, nor does demand for derivatives.

How Cross-Chain Demand Is Reshaping Perp Markets

Traders are showing a clear preference for platforms that can aggregate liquidity across ecosystems. Cross-chain perp trading allows participants to express views on assets like SOL while accessing deeper, more stable liquidity pools.

This matters during volatile conditions. When activity spikes on one chain, isolated markets can experience slippage and funding instability. Cross-chain models help smooth these effects by distributing risk and liquidity more efficiently.

For advanced traders, this also unlocks new strategies. Basis trading, hedging correlated assets, and managing multi-chain portfolios all benefit from unified, on-chain perpetual infrastructure.

HFDX Positioned For Cross-Chain Perp Growth

HFDX is designed with this exact purpose in mind. It’s a non-custodial perpetual futures protocol that allows users to trade major digital assets with leverage while keeping their funds fully on-chain. Trades occur through shared liquidity pools instead of traditional order books.

Execution is an important aspect. HFDX has executed over 500,000 trades with execution speeds of less than 2 milliseconds. For traders looking to participate in cross-chain perps, execution speed is critical during periods of volatility.

Additionally, HFDX has integrated advanced charting with TradingView. Users can view real-time price information, technical indicators, macroeconomic information, and broader market information. This combination supports informed decision-making across chains.

Alongside trading, HFDX offers Liquidity Loan Note (LLN) strategies. These allow capital to be allocated to protocol liquidity for fixed terms, with returns generated from actual trading and borrowing fees.

Why HFDX Stands Out In Cross-Chain Perp Trading

Non-custodial, on-chain perpetual futures architecture

Cross-chain-friendly liquidity model designed for scale

Ultra-fast execution for volatile market conditions

Transparent oracle-based pricing and automated risk controls

Structured liquidity strategies backed by real protocol revenue

Professional-grade analytics and trading tools

These features support consistent performance as cross-chain leverage demand grows.

Cross-Chain Perps And HFDX’s Early Positioning

As DeFi matures, traders are seeking leverage, but they also want flexibility, transparency, and infrastructure that works across ecosystems.

HFDX sits at the center of this shift. By combining on-chain perpetual futures, structured liquidity models, and execution built for scale, the protocol is positioning itself as a long-term derivatives infrastructure rather than speculative tooling. While all participation involves risk, HFDX offers a framework designed for disciplined trading in a multi-chain world.

For traders and liquidity participants looking to engage early with cross-chain perpetual markets, HFDX represents an opportunity to explore as on-chain derivatives adoption continues to accelerate.

Make Your Money Work Smarter And Unlock A Wealth Of Opportunities With HFDX Today!

Website: https://hfdx.xyz/

Telegram: https://t.me/HFDXTrading

X: https://x.com/HfdxProtocol

The post SOL Ecosystem Growth Fuels Spike In Cross-Chain Perp Trading On HFDX appeared first on Blockonomi.

TLDR:

Two California teenagers posed as delivery drivers to execute a $66 million cryptocurrency heist.

Suspects were allegedly extorted by individuals known as ‘Red’ and ‘8’ to carry out the robbery.

Police arrested both teens in a shopping center parking lot shortly after the violent incident.

A 3D-printed gun was found in suspects’ possession, though it contained no ammunition at all.

 

Two California teenagers face multiple felony charges after a targeted home invasion in Scottsdale that authorities say was motivated by cryptocurrency theft.

Jackson Sullivan and Skylar Lapaille allegedly posed as delivery drivers to gain entry into a residence near Cactus Road and Loop 101 on January 31.

The suspects restrained two adults with duct tape and assaulted them while searching for $66 million in digital assets. Police arrested both individuals shortly after they fled the scene.

Delivery Disguise Used in Violent Break-In

The teenagers arrived at the Scottsdale home dressed as package delivery workers Saturday morning. Court documents reveal they forced their way inside after gaining initial access through the disguise.

Once inside, Sullivan and Lapaille used duct tape to restrain two adult victims. The pair then assaulted the homeowners during their search for cryptocurrency holdings.

Investigators believe the suspects were extorted into carrying out the crime. Two individuals known only as “Red” and “8” allegedly orchestrated the plot from a distance.

The teenagers had reportedly met recently before traveling from California with $1,000. Those funds were intended for purchasing supplies including disguises and restraining devices.

One victim denied possessing the cryptocurrency, which led to further violence. An adult son present in another room managed to contact authorities during the incident. Officers responded quickly to the emergency call and arrived while the suspects were still in the area.

The teenagers attempted to flee when police arrived at the scene. However, law enforcement successfully tracked and apprehended both suspects in a nearby shopping center parking lot.

Officers found them in possession of a blue Subaru vehicle that matched witness descriptions.

Swift Police Response Brings Community Relief

Authorities discovered a 3D-printed gun during the arrest, though it contained no ammunition. Police have not yet determined whether the weapon was functional.

The suspects now face charges including burglary, aggravated assault, and kidnapping. All charges carry felony-level penalties under Arizona law.

Local resident Ari Parker witnessed part of the police operation without initially understanding the connection. He had noticed a blue vehicle driving through the neighborhood earlier that morning.

Parker later saw what he thought was a drug-related arrest at a shopping center. “The trunk was open, there were supervisory police vehicles there, and I thought, ‘Oh wow, that person’s screwed,'” Parker said. “I had no idea that they were connected to the crime that happened here.”

Police confirmed the vehicle captured on Parker’s Ring camera matched the one used in the crime. “The police work was really impressive,” Parker said.

“They were pounding the pavement, doing real gumshoe police detective work, knocking on doors, letting neighbors know what was happening.” He noted the incident was eye-opening given how evidence was pieced together.

Neighbors expressed shock at the incident but relief over the quick resolution. “Many of them have lived here for 15, 20 years and mentioned this is the first time they remember something like this happening,” Parker said.

“So it actually brought the neighborhood together in a way.” The case demonstrates a growing trend of criminals targeting individuals for cryptocurrency holdings.

The post California Teens Arrested in Scottsdale Home Invasion Over $66M Cryptocurrency Holdings appeared first on Blockonomi.

TLDR:

Bitcoin historical halving cycles show 363-406 day pattern from ATH to bottom across 2012, 2016, and 2020 

October-November 2026 identified as highest probability window for cycle bottom based on time analysis 

Ultimate price target ranges between $45,000-$50,000 with current accumulation starting at $60,000 zone 

NUPL on-chain indicator has not yet reached capitulation levels seen in previous 2018 and 2022 bottoms 

 

A cryptocurrency analyst has shared a detailed thesis suggesting Bitcoin could continue declining throughout 2026.

The prediction relies on historical halving cycle data spanning over a decade. Analyst, Wimar. X tracks both temporal and price-based metrics.

This approach differs from the conventional price-only analysis that many traders employ. The forecast anticipates a cycle bottom occurring between October and November 2026.

Time-Based Analysis Points to Late 2026 Bottom

The analyst’s methodology centers on measuring days from all-time highs to cycle lows following Bitcoin halvings. Historical data shows the 2012 cycle took 406 days to reach bottom.

The 2016 cycle required 363 days for the same journey. Meanwhile, the 2020 cycle saw 376 days pass before hitting its lowest point. These numbers cluster within a narrow range, creating a predictable pattern.

Building on this consistency, the current cycle projects a similar timeline. The analyst calculates October through November 2026 as the highest probability window for the next major bottom.

This time-focused strategy removes emotional decision-making from the equation. According to the post, buying during this window will occur regardless of price levels.

The analyst emphasizes that most market participants miss optimal entry points. They focus exclusively on price action while ignoring temporal patterns.

This narrow view leads to missed opportunities when historical windows align. The time-based approach aims to prevent getting “front run” by market movements.

Wimar.X stated that execution of daily purchases worth $500,000 begins when either time or price conditions trigger.

BITCOIN WILL KEEP DUMPING IN 2026

Here's my thesis on the next cycle bottom timing.

And it's not just about price.

I track BTC on 2 axes.

TIME + PRICE.

Most people only watch price.
That's why they every time MISS the best entries.

First, the TIME axis.

Days from ATH to… pic.twitter.com/99oAiveoEJ

— Wimar.X (@DefiWimar) February 8, 2026

The commitment to this strategy remains firm despite market volatility. Past predictions have already materialized, including the recent drop into the $60,000 range.

Price Targets and On-Chain Indicators Signal Further Downside

The price component of the analysis sets $60,000 as an initial accumulation zone. The analyst began purchasing Bitcoin after prices entered this territory.

However, waiting for perfect price levels can result in missing entire market moves. This pragmatic approach balances patience with opportunistic buying.

A lower price target sits between $45,000 and $50,000 by year-end 2026. This range represents the analyst’s “ultimate bottom target” for aggressive accumulation.

The prediction acknowledges the current risk of lower lows materializing. Market conditions remain uncertain, but historical precedent guides the strategy.

Net Unrealized Profit/Loss serves as the third analytical pillar. This on-chain metric successfully identified cycle bottoms in 2018, during the COVID crash, and in 2022.

Current readings show the market has not yet reached the capitulation zone. The NUPL indicator historically appears in a specific blue zone during major bottoms.

The analyst’s experience dates back to 2016, providing perspective through multiple market cycles. Prior predictions, including calls made when Bitcoin traded near $114,000, have proven accurate.

The framework combines quantitative analysis with disciplined execution across both time and price dimensions.

 

The post Bitcoin Could Drop to $45K by Late 2026, Analyst Warns Using Historical Halving Cycle Data appeared first on Blockonomi.

SOL perp traders are increasing leverage as execution quality improves across decentralized perpetual markets, with HFDX emerging as a key venue for on-chain activity. The current price of Solana is $92.25, having declined by 4.82% over the last 24 hours, but its derivatives volume is still increasing.

With a $52.32 billion market capitalization and a daily volume of $8.13 billion, which has grown by over 32%, it is clear that capital is not leaving but rather rotating. For SOL perp traders, this environment favors speed, liquidity depth, and reliable execution.

As centralized exchanges remain a point of concern for many market participants, on-chain perpetual futures are becoming the preferred tool for managing volatility. This shift is helping platforms like HFDX gain traction as execution infrastructure improves and liquidity scales.

Market Volatility Puts SOL Perp Traders Back in Control

For SOL perp traders, short-term drawdowns often unlock opportunity. Rather than selling spot positions, traders are increasingly using perpetual futures to hedge exposure, deploy short strategies, or trade momentum using leverage. This approach allows capital efficiency while keeping assets on-chain and fully self-custodied.

Solana’s high-throughput ecosystem continues to attract active traders, arbitrageurs, and DeFi-native funds. As volatility expands, perpetual markets typically see higher open interest and funding activity. That pattern is already playing out as SOL perp traders seek platforms that can handle rapid execution without slippage or opaque pricing.

The broader shift toward decentralized derivatives also reflects changing risk preferences. Traders want transparency, predictable liquidation logic, and verifiable smart contract execution, especially during fast market moves.

Liquidity Rotation Across DeFi Strengthens On-Chain Perps

Outside of Solana, DeFi liquidity is shifting towards protocols that can generate actual revenue from trading fees and borrowing demand. This is changing the nature of leverage markets across a variety of assets, including SOL perpetual futures.

For SOL perp traders, more liquidity will mean tighter spreads, more stable funding, and fewer liquidations during volatility events. When passive capital can generate revenue from actual use cases, leverage markets are more stable.

Structured DeFi strategies are also playing a growing role. Rather than chasing emissions, liquidity providers are increasingly allocating capital to systems where returns are tied to actual trading activity. This alignment between traders and liquidity is becoming a defining feature of next-generation perpetual DEXs.

HFDX Execution Gains Draw Attention From SOL Perp Traders

HFDX is benefiting directly from these shifts. Built as a non-custodial, on-chain perpetual futures protocol, HFDX is designed to support active trading without relying on centralized order books or market makers. Trades are executed against shared liquidity pools using decentralized price oracles, improving transparency and fairness.

Execution has become a key differentiator. HFDX has already processed more than 500,000 trades, delivering execution speeds under 2 milliseconds. For SOL perp traders operating in fast-moving markets, this performance reduces latency risk and improves entry and exit precision.

HFDX also integrates advanced charting and analytics powered by TradingView. This gives traders access to real-time price data, technical indicators, economic calendars, and broader market context—all within a decentralized trading environment.

In addition to perpetual futures, HFDX offers Liquidity Loan Note (LLN) strategies. These allow participants to allocate capital to protocol liquidity for fixed terms, with returns sourced from real trading and borrowing fees. This model supports execution quality while maintaining a risk-aware framework.

Why HFDX Is Resonating With SOL Perp Traders

Ultra-fast on-chain execution built for volatile markets

Non-custodial leverage with transparent smart contract settlement

Shared liquidity pools that deepen SOL perpetual markets

Oracle-based pricing without centralized intermediaries

Structured liquidity strategies backed by real protocol activity

Professional-grade charting and market analysis tools

These factors collectively make HFDX a compelling option for SOL perp traders seeking reliable decentralized infrastructure.

Where SOL Perp Traders and HFDX Align

As Solana derivatives markets grow further, SOL perp traders are increasingly discerning about their leverage allocations. Speed, liquidity, and transparency are no longer nice-to-haves – they are essential.

HFDX is capitalizing on this trend with its focus on infrastructure over speculation. With improving execution, sustainable liquidity, and full on-chain nature, HFDX is an embodiment of what decentralized perpetuals are becoming. All forms of levered derivatives carry risks, but HFDX provides an environment designed for serious players.

For traders and liquidity participants looking to engage early with next-generation DeFi derivatives infrastructure, HFDX represents a platform worth exploring as on-chain perpetual markets continue to mature.

Make Your Money Work Smarter And Unlock A Wealth Of Opportunities With HFDX Today!

Website: https://hfdx.xyz/

Telegram: https://t.me/HFDXTrading

X: https://x.com/HfdxProtocol

The post SOL Perp Traders Increase Leverage As HFDX Execution Improves appeared first on Blockonomi.

TLDR:

Office CMBS delinquency rate reached 11.7%, surpassing all prior records, including the Financial Crisis. 

Higher interest rates and weak office demand have disrupted refinancing across U.S. office markets. 

Large office defaults in major cities accelerated the rise in CMBS delinquencies. 

Losses are spreading across global investors as distressed office debt exits bank balance sheets.

 

Office CMBS delinquency rate climbed sharply in early 2026, hitting a record 11.7% for office properties. This number has surpassed the 2008 Financial Crisis peak by roughly 1.6 percentage points, according to Trepp data tracking CMBS defaults. 

Office delinquencies outpace other sectors. On the other hand, multifamily rates have also risen, reflecting continued distress in U.S. commercial real estate markets.

Rising Office CMBS Delinquencies

The Office CMBS Delinquency Rate reached 11.7%, exceeding levels seen during the 2008 Financial Crisis. Historically, office delinquencies remained low before the crisis. 

Even during market stress, rates rarely surpassed 10%. The sharp increase reflects structural market changes rather than temporary disruptions.

From 2000 to 2007, delinquencies were minimal, showing stability in office lending. During the Financial Crisis, rates spiked as refinancing froze and tenant demand collapsed. 

After 2010, rates declined steadily, reaching 1–2% by 2021–2022, which created a false sense of security.

BREAKING : Commercial Real Estate

Office CMBS Delinquency Rate hits 11.7%, the highest level in history pic.twitter.com/UVEePMDvwF

— Barchart (@Barchart) February 8, 2026

Since 2023, delinquencies accelerated due to higher interest rates, remote work, and expanding cap rates. Refinancing became increasingly difficult. 

The surge is driven by real cash flow problems rather than temporary market panic. Many loans remain in “extend and pretend” mode, masking the underlying stress.

Manhattan Office Defaults and Market Effects

Two Manhattan towers triggered the January 2026 spike. One Worldwide Plaza, with $1.2 billion in debt, failed to cover its tax bill and debt service. 

Extell Development is positioned to foreclose through a mezzanine loan, following a court ruling allowing the auction to proceed. Vacancy rose from 10% in 2024 to 37% in 2025 as major tenants downsized or left. 

The building’s value fell from $1.7 billion in 2017 to $390 million. Similarly, One New York Plaza entered maturity default in January. 

Morgan Stanley occupies 44% of the space and is subleasing part of it. Vacancy reached 35%, worsening debt repayment challenges. 

Brookfield Properties sought extensions, but cash flow remained insufficient. These defaults illustrate the shift in office market conditions.

CMBS delinquencies affect investors globally, including REITs, bond funds, and private equity firms. Banks sold troubled loans to reduce risk exposure. 

Other regions also report delinquencies, such as a $211 million office loan in Plainsboro, New Jersey, delayed due to insurance disputes. Special servicers funded shortfalls and settlements are in progress.

The current 12.3% rate may not be the peak. Rising vacancies and refinancing challenges continue to pressure loans. 

Office CMBS delinquencies are now a measure of actual market conditions, reflecting a broad repricing in the commercial office sector. Cash flow realities are reshaping the landscape of office real estate.

The post Commercial Real Estate Shock as Office CMBS Defaults Hit 11.7% appeared first on Blockonomi.

TLDR:

Tether now manages 140 investments, actively moving beyond stablecoin operations worldwide.

The company hires 150 staff, boosting engineering, finance, and regulatory teams globally. 

CFO Simon McWilliams centralizes London operations to strengthen governance and reporting.

Tether scales down $20B fundraising plan to $5B, focusing on investors and profitability.

 

Tether, issuer of the dominant stablecoin USDT with about $187 billion in circulation, is diversifying beyond crypto payments. 

It is moving into a global investment group as investors pushback trim a planned $15–$20 billion capital raise to around $5 billion.

CEO Paolo Ardoino says the firm remains profitable and strategically aligned, while expanding hires, investments, and governance under new CFO Simon McWilliams. 

Tether Expands Beyond Stablecoins into a Global Investment Group

Tether, the issuer of the widely used stablecoin USDT, is accelerating its transformation from a crypto infrastructure provider into a diversified global investment group. 

According to the Financial Times, the company now manages around 140 investments spanning artificial intelligence, commodities, sports equity, and other sectors. 

 This strategic shift aims to reduce reliance on stablecoin operations while broadening revenue streams and market influence

According to FT, Tether is accelerating its expansion, seeking to evolve from a crypto infrastructure provider into a diversified group. Its portfolio now includes about 140 investments, headcount is around 300, and it plans to hire 150 more staff. Sources say new CFO Simon…

— Wu Blockchain (@WuBlockchain) February 8, 2026

To support this growth, Tether’s workforce is scaling. The company currently employs roughly 300 staff and plans to hire 150 more. 

These new roles focus on engineering, regulatory compliance, finance, and venture investments. Offices in London, the UAE, Brazil, and Ghana indicate a deliberate push toward global reach and regulatory alignment.

Leadership changes are central to the expansion. New CFO Simon McWilliams is centralizing finance and operations in London. 

Sources say he is enhancing governance, streamlining reporting, and improving operational discipline. Centralizing key functions in a major financial hub positions Tether closer to traditional markets, signaling its intent to bridge crypto and conventional finance.

Despite growth, regulatory scrutiny remains. Market participants and regulators continue to request independent audits of Tether’s reserves, even though the company issues quarterly attestations.

Executives argue that strong profitability and transparent reserve management provide flexibility to pursue long-term growth while maintaining market confidence.

Capital Strategy, Investor Response, and Market Position

Tether is simultaneously managing its capital strategy amid investor scrutiny. FT and Reuters report that the company considered a $15–20 billion fundraising scenario, potentially valuing it near $500 billion. 

Following investor feedback, the company is considering a smaller raise, possibly around $5 billion, emphasizing strategic alignment rather than headline figures. CEO Paolo Ardoino clarified that the higher amounts were hypothetical, used for planning, and not formal targets.

Profitability underpins this approach. Tether projects continued earnings growth in 2026, reducing reliance on external capital. 

Internal reinvestment allows the company to fund expansion into diversified sectors while maintaining operational control.

Investor sentiment is mixed. Some remain cautious due to valuation and transparency concerns. 

Nevertheless, Tether’s market dominance is a stabilizing factor. With USDT circulation exceeding $185 billion, the company maintains a strong revenue base and liquidity position.

This allows it to pursue investments across multiple sectors while mitigating crypto-specific risks. In conclusion, Tether is evolving from a stablecoin issuer into a diversified investment and technology platform. 

Through strategic hiring, governance enhancements, portfolio expansion, and disciplined capital management, the company balances ambition with prudence, positioning itself for sustainable long-term growth across digital and traditional financial markets.

The post Tether Scales Operations Globally as CFO McWilliams Strengthens Governance appeared first on Blockonomi.

TLDR:

Strategy requires only 1.5% annual Bitcoin appreciation to sustain $888 million dividend obligations 

The company maintains a $2.25 billion cash reserve, providing 30 months of dividend coverage independently 

Strategy holds 713,502 Bitcoin, representing 3.4% of total supply at $76,052 average purchase price 

The firm operates with 13% leverage versus 23% for investment-grade companies, with 42 basis point debt

 

Michael Saylor unveiled a dividend sustainability model that requires Bitcoin to appreciate just 1.25% annually for perpetual payments.

The Strategy Inc. Executive Chairman made this revelation during the company’s Q4 2025 earnings call on February 6, 2026.

The announcement came as Bitcoin plunged to $63,596.56, marking a 13% single-day decline. Strategy reported a $12.4 billion net loss, yet Saylor defended the treasury strategy with confidence.

Minimal Bitcoin Growth Sustains Perpetual Dividend Model

Saylor’s dividend framework centers on an exceptionally low appreciation threshold for long-term sustainability. CEO Phong Le explained that the company needs Bitcoin to increase by only 1.5% annually to maintain payments indefinitely.

The model functions by selling incremental Bitcoin holdings to cover dividend obligations while preserving the core treasury position.

Strategy holds approximately $45 billion in Bitcoin reserves against annual dividend commitments of $888 million across preferred equity instruments.

This ratio provides 67 years of dividend coverage based solely on current holdings without any price appreciation. The mathematical simplicity of the model demonstrates the company’s confidence in Bitcoin’s long-term value trajectory.

Saylor extended the scenario even further during the earnings call, addressing the possibility of zero Bitcoin appreciation.

He stated that even if Bitcoin stopped appreciating entirely, Strategy would have “80 years to figure out what to do about that.”

This timeline provides substantial flexibility for strategic pivots while maintaining current dividend commitments to shareholders.

Cash Reserves and Financial Buffers Strengthen Payment Certainty

Strategy established a $2.25 billion USD cash reserve in Q4 2025 specifically to address dividend reliability concerns.

CFO Andrew Kang noted this reserve provides 30 months of coverage without requiring any Bitcoin sales. The cash buffer insulates dividend payments from short-term Bitcoin price volatility and market downturns.

Michael Saylor’s post on X highlighted the multi-layered approach to dividend security that Strategy has implemented.

The company designed this structure to weather extended bear markets while maintaining shareholder distributions. The combination of cash reserves and Bitcoin holdings creates redundant payment mechanisms across different time horizons.

The dividend adjustment framework recently shifted to monthly volume-weighted average price calculations instead of five-day periods.

This change addresses trading patterns around record dates and payment dates. Strategy’s Stretch digital credit product trades near its $100 stated amount with an 11.25% annualized dividend rate.

Bitcoin Holdings Position Company for Long-Term Execution

Strategy held 713,502 Bitcoin as of February 1, 2026, with total acquisition costs reaching $54.26 billion. The average purchase price stands at $76,052 per coin, representing roughly 3.4% of Bitcoin’s total supply.

The company maintains its position as the world’s largest corporate Bitcoin holder despite recent price declines.

The company achieved a 22.8% BTC yield for 2025, exceeding the lower end of its target range. This metric measures the percentage increase in Bitcoin per share, demonstrating acquisition rates faster than shareholder dilution. The strategy’s accumulation strategy continues regardless of short-term price movements or accounting losses.

The Q4 2025 net loss of $12.6 billion stemmed primarily from mark-to-market accounting on Bitcoin holdings. Operating losses reached $17.4 billion, while earnings per share came in at negative $42.93 versus forecasts of positive $2.97. However, the software business generated $123 million in revenue, exceeding expectations by 3.53%.

Market Volatility Tests Dividend Thesis Amid Capital Raising Success

Strategy’s stock closed at $119.74 in aftermarket trading, down 17.12% following the earnings announcement on February 6, 2026.

Bitcoin’s simultaneous decline to $63,596.56 intensified selling pressure across cryptocurrency-related equities. The company’s Bitcoin holdings fell below their cumulative cost basis for the first time since 2023.

Saylor appeared undaunted during the conference call, emphasizing that the company’s Bitcoin treasury strategy was built to withstand volatility.

He noted that Bitcoin’s 45% drawdown from its all-time high four months earlier was consistent with the asset’s 45% volatility profile. This perspective frames current losses as expected fluctuations rather than fundamental flaws.

Strategy raised $25.3 billion in capital during 2025, becoming the largest U.S. equity issuer for two consecutive years. The company raised an additional $3.9 billion in January 2026 and acquired 41,002 Bitcoin during challenging conditions.

Strategy operates with 13% leverage compared to 23% for investment-grade companies, with convertible debt carrying a 42 basis point average interest rate.

The post Michael Saylor Reveals Strategy Can Pay Dividends ‘Forever’ With 1.25% Bitcoin Growth appeared first on Blockonomi.

TLDR:

Bitso reduces cross-border transfer times from multiple days to near-instant using blockchain technology 

RLUSD provides regulated dollar-denominated stability for volatile Latin American payment corridors 

Platform positions as U.S.-LATAM payout partner as demand for compliant stablecoin solutions expands 

Ripple Payments eliminates multi-hop banking processes, reducing costs and increasing transparency

 

Bitso accelerates cross-border payments through its deployment of Ripple Payments, XRP and RLUSD across Latin American markets.

The digital asset platform reduces international transfer times from days to near-instant settlement for business clients.

Traditional banking systems previously required multiple intermediaries and extended processing periods. Bitso now delivers faster money movement by leveraging blockchain rails and regulated stablecoin infrastructure for regional payment corridors.

Speed Improvements Replace Multi-Day Settlement Processes

Bitso has transformed its platform to prioritize transaction velocity for cross-border transfers. The company shifted from crypto exchange operations to B2B payment infrastructure.

Legacy payment systems in Latin America typically process international transfers through several correspondent banks. Each intermediary adds processing time and reduces transparency throughout the settlement chain.

Ripple Payments enables Bitso to bypass traditional multi-hop routing entirely. Blockchain technology settles transactions in minutes rather than the standard two-to-five business days.

XRP serves as a bridge currency to accelerate conversions between different fiat denominations. RLUSD provides dollar-denominated stability without requiring traditional banking infrastructure.

The acceleration benefits both remittance flows and commercial payment operations. Businesses previously waited days to receive international payments from partners or customers.

Bitso now completes these same transfers within minutes using distributed ledger technology. Recipients access funds almost immediately after transaction initiation.

Gabriele Zuliani, Head of Growth at Bitso, spoke about the transformation this technology brings. “RLUSD and Ripple Payments let us reinvent how money moves globally: faster, at lower cost, and with far greater transparency,” Zuliani said.

He added that as demand grows in the U.S., Bitso stands ready to serve that demand. The platform aims to become the rail and payout partner for LATAM.

Rapid Blockchain Settlement Powers Regional Payment Distribution

The acceleration strategy addresses specific pain points within Latin American financial markets. Local currency volatility creates urgency around fast, stable settlement options.

Businesses cannot afford to wait days while exchange rates fluctuate during transfer processing. RLUSD enables rapid conversion to dollar-denominated value.

Bitso positions itself as a payout partner capable of distributing funds throughout the region quickly. The platform maintains local market presence across multiple Latin American countries.

This regional footprint combines with blockchain speed to deliver comprehensive payment solutions. Companies can now send payments that reach recipients the same day.

Regulated stablecoin infrastructure supports the acceleration without sacrificing compliance requirements. RLUSD operates within established financial oversight frameworks while maintaining transaction speed.

Traditional compliance processes often slow down international transfers through extended verification periods. Bitso balances regulatory adherence with operational efficiency.

Growing demand from U.S. businesses requires scalable, rapid payment infrastructure for Latin American operations.

Bitso’s blockchain-based approach handles increasing transaction volumes without proportional slowdowns. As cross-border payment needs expand, the platform scales its acceleration capabilities accordingly.

The combination of Ripple Payments, XRP and RLUSD creates infrastructure for next-generation regional money movement.

The post Bitso Deploys Ripple Payments and RLUSD to Speed Up Latin American Transfers appeared first on Blockonomi.

TLDR:

ASTER holds above $0.45–$0.50, forming a controlled accumulation zone in the descending channel. 

Liquidity sweeps below support indicate seller exhaustion, not renewed bearish pressure. 

Price compression signals a potential high-volatility breakout phase in the near term. 

Market cap rebound shows capital rotation, suggesting renewed confidence and participant engagement.

 

 ASTER is holding above the $0.45–$0.50 accumulation zone, showing structured buying within its long-term descending channel. Bulls could be positioning for a potential breakout.

ASTER is trading at $0.6069 as of writing, after a 12.81% gain in 24 hours and an 8.34% rise over the past week.

Price Structure Signals Stabilization Within a Bearish Framework

The ASTER daily chart remains anchored to a long-standing descending channel that has guided price action since the cycle high.

Each historical rally has stalled at channel resistance, confirming persistent seller control and the broader bearish trend.

Recent price action, however, introduces a shift in behavior. ASTER swept liquidity below the lower channel boundary, briefly trading into the $0.45–$0.48 region. 

$ASTER Recovered Quickly but not out of Woods yet..

I’ve been accumulating since December..

This is my biggest bag of the cycle.

Patience will pay off.. #Crypto #ASTER #ASTERUSDT pic.twitter.com/eGoUA7CXGa

— Captain Faibik (@CryptoFaibik) February 8, 2026

The move produced a downside wick and was followed by a swift return inside the channel. This sequence carries technical importance. 

Liquidity sweeps below established support often reflect seller exhaustion rather than trend continuation. The absence of follow-through selling reframes the move as a deviation instead of a breakdown.

Although ASTER continues to print lower highs, the slope of decline has moderated. Price is now spending more time in the upper half of the channel instead of reverting quickly to the lows. That change suggests dip-buying behavior is replacing reactive selling.

This pattern often emerges when positioning shifts from distribution toward longer-term accumulation. From a structural perspective, the market now sits at a decision point. 

A confirmed daily close above channel resistance would invalidate the prevailing bearish structure. Until then, the trend remains intact, though increasingly fragile.

Accumulation and Market Cap Recovery Reinforce the Setup

The $0.40–$0.50 zone remains central to ASTER price analysis. Price spent weeks consolidating and forming repeated wicks below support, causing a steady decline. 

During this phase, price action discouraged momentum traders while allowing larger participants to build positions quietly. The result was a stable base rather than a sharp reversal, which often leads to more sustainable advances.

$ASTER – Long Term Accumulation Setup (2600% Potential)#ASTER Is Now Trading ~80% Below Its ATH. This Could Be A Strong Discount Zone For Long-Term Holders.

ATH: $2.43
Current Price: ~$0.50

My Accumulation Zone: $0.35 – $0.50 (Slow And Steady Accumulation. Not Buying All At… pic.twitter.com/dd2j39p5pF

— Crypto Patel (@CryptoPatel) February 5, 2026

From that foundation, ASTER has moved approximately 40% higher. The advance has remained orderly, with higher participation in green candles. Volume trends suggest engagement beyond short-covering activity.

Over the past seven days, ASTER’s valuation initially ranged between $1.30 and $1.35 billion. This sideways movement reflected short-term uncertainty rather than directional conviction.

A sudden mid-week drop toward $1.15 billion followed. The decline was fast and brief, resembling a liquidity flush. Importantly, valuation did not stagnate near the lows.

As valuation pushed toward $1.48–$1.50 billion, the structure shifted again. The market did not merely recover losses but expanded beyond previous resistance, signaling net inflows.

ASTER price analysis now reflects convergence between price structure and valuation behavior. Both suggest accumulation remains active while risk is clearly defined. 

The next series of daily closes will determine whether consolidation resolves into continuation or renewed downside pressure.

The post ASTER Price Analysis: $0.45–$0.50 Accumulation Signals Potential Breakout appeared first on Blockonomi.

TLDR:

ETH failed three times at the 200-day EMA, confirming weakening momentum and sustained selling pressure. 

Over $1.3B in long liquidations shows derivatives activity dominated price action, not spot demand. 

The $2.7K level flipped from support to resistance, redefining near-term market structure. 

Focus now shifts to $2.3K and $1.8K as the next zones of potential buyer interest.

 

ETH 200-day EMA rejection shows repeated failures near resistance aligned with a wave of forced liquidations. Price action now reflects leverage-driven volatility instead of organic trend recovery.

Distribution Behavior Emerges at Key Technical Resistance

ETH price moved higher, yet the advance lacked sustained demand. Instead, it appeared driven by short covering into a known supply zone.

Momentum weakened with every approach to the moving average. Candle bodies narrowed, and upper wicks became more frequent. At the same time, volume failed to expand. 

Furthermore, the repeated rejection pattern reinforced technical exhaustion. Three attempts at the same resistance level produced lower follow-through each time. This suggested that sellers maintained control despite temporary upside pressure.

On social media, several analysts shared charts showing price stalling exactly at the 200-day EMA. Therefore, upside strength functioned mainly as liquidity for larger participants.

If you’re buying every $ETH pump into $2.7K after this 200day EMA rejection, you’re exit liquidity.

You can ignore 1 rejection at the 200-day EMA, but you can’t ignore 3.

That $ETH 200-day EMA was the big make or break level, and we just got a clean rejection off it (red… https://t.co/hnTVoMBAq7 pic.twitter.com/otk7f6dUFL

— Dami-Defi (@DamiDefi) February 8, 2026

Soon after, ETH slipped back below $2.7K. That level had served as short-term support during the rebound phase. Once breached, it transitioned into resistance, and market bias tilted downward.

This pivot divided two narratives. Above $2.7K, traders could argue for base formation. Below it, the structure favored continued probing lower. As a result, each rally into that zone now attracts selling interest.

Moreover, price behavior showed hesitation rather than conviction. Buyers failed to defend higher levels with sustained closes. Sellers, in contrast, reacted quickly at technical boundaries.

Thus, the pattern reflected strategic positioning rather than emotional panic. Distribution unfolded gradually, supported by visible rejection zones and fading momentum. The chart no longer communicated recovery. Instead, it communicated controlled exits into strength.

Liquidation Cascades Replace Organic Market Flow

ETH 200-day EMA rejection coincided with violent intraday swings driven by derivatives activity. Price repeatedly moved from $80 to $100 within minutes. Such behavior is not typical of spot-led markets.

Approximately $1.3 billion in long liquidations occurred during the session. These events represented forced closures of leveraged positions, not discretionary selling. Therefore, the tape reflected margin mechanics rather than investor sentiment.

As the price crossed clustered liquidation levels, automated orders accelerated the decline. Each wave triggered the next. Consequently, volatility expanded in both directions.

Total liquidations surpassed $7 billion across the broader market. This scale revealed how one-sided positioning had become before the breakdown. When exposure concentrates, even small price shifts can ignite chain reactions.

MULTI-BILLION CRIME JUST HAPPENED ON BINANCE!!

THE $ETH/USDT PAIR HAD EXTREMELY HIGH VOLATILITY.
IN JUST SECONDS, $ETH PUMPED AND DUMPED FOR $100 AT LEAST 40 TIMES.

SOMEONE OPENED A $1.3 BILLION LONG AND GOT FULLY LIQUIDATED.

IT LOOKS LIKE $ETH WAS PUSHED SPECIFICALLY TO… pic.twitter.com/s5vqSyWN6v

— Wimar.X (@DefiWimar) February 7, 2026

Meanwhile, ETH failed to stabilize above reclaimed levels. The $2.7K zone remained overhead resistance. This reinforced the idea that rebounds were corrective, not impulsive.

Attention has now shifted to the $2.3K region. That area previously hosted strong demand. If the price reaches it, buyers may attempt to stabilize conditions. However, failure there would expose the $1.8K support band.

Traders continue to frame current rallies as liquidity events. Strength is treated cautiously, while resistance zones receive priority.

The post Ethereum Faces 200-Day EMA Rejection Amid $7B Liquidation Cascade appeared first on Blockonomi.

TLDR:

Forward Industries holds nearly 7 million SOL tokens, more than its next three competitors combined. 

FWDI’s average SOL acquisition cost of $232 creates $1 billion unrealized loss at current $85 price. 

The company’s debt-free balance sheet enables offensive consolidation while rivals face selling pressure. 

Forward raised $1.65 billion in 2025 from Galaxy Digital, Jump Crypto, and Multicoin Capital backing.

 

Forward Industries controls nearly 7 million SOL tokens as the largest publicly traded Solana treasury company. The firm’s holdings face substantial unrealized losses amid current market conditions.

Unlevered Balance Sheet Provides Strategic Advantage

FWDI purchased its SOL holdings at an average price of $232 per token. Current valuations place SOL near $85, creating a paper loss approaching $1 billion. The company’s share price has declined from $40 to approximately $5.

Chief Investment Officer Ryan Navi maintains the firm can consolidate weaker competitors during this downturn. “Scale plus an unlevered balance sheet is a real advantage in this market,” Navi told CoinDesk. “We can play offense when others are playing defense,” he added.

Forward Industries operates without corporate debt or leverage on its balance sheet. “Forward Industries has strategically avoided leverage and debt by design,” Navi explained. This structure provides flexibility to deploy capital when market opportunities emerge.

The firm raised $1.65 billion through a private investment in public equity during 2025. Galaxy Digital, Jump Crypto and Multicoin Capital led the funding round. Forward Industries now holds more SOL than its next three public competitors combined.

Staking Strategy and Permanent Capital Model

Forward Industries stakes its SOL holdings to generate yields between 6% and 7%. The staking rate will decrease over time as Solana’s programmed issuance declines. This creates an increasingly disinflationary supply environment for the network.

The company partnered with Sanctum to launch fwdSOL, a liquid staking token. This instrument earns staking rewards while functioning as collateral in decentralized finance protocols. Forward can borrow against this collateral at rates below the staking yield on platforms like Kamino.

Navi positions Forward Industries as a permanent capital vehicle rather than a short-term trading operation. “We’re not running a trading book, we’re building a long-term Solana treasury,” Navi stated. The company plans to underwrite real-world assets and tokenized royalties that exceed its cost of capital.

Kyle Samani announced his departure as managing director of Multicoin Capital on Wednesday. He retains his position as chairman of Forward Industries. Samani is receiving his exit from the Multicoin Master Fund in FWDI shares and warrants instead of cash redemption.

“What differentiates Forward is discipline: no leverage, no debt,” Navi said. The firm maintains a long-term view on Solana as strategic infrastructure rather than a speculative bet. Management believes its debt-free structure positions it to lead sector consolidation during this challenging period.

The post Forward Industries Maintains $600M Solana Position Despite $1B Unrealized Loss appeared first on Blockonomi.

TLDR:

Tether assisted Turkish authorities in freezing $544 million in crypto linked to betting schemes. 

Stablecoin issuer has supported over 1,800 law enforcement cases across 62 countries worldwide. 

Tether has frozen a total of $3.4 billion in illicit USDT through global cooperation efforts. 

Turkish probe targets Darkex platform owner accused of providing crypto infrastructure for betting.

 

Tether assisted Turkish authorities in freezing approximately $544 million in cryptocurrency assets tied to illegal betting operati

The stablecoin issuer acted on requests from law enforcement investigating money laundering schemes. 

The frozen funds represent one of Turkey’s largest crypto-related seizures to date. Tether simultaneously disclosed its involvement in over 1,800 cases across 62 countries. 

The company has frozen a total of $3.4 billion in illicit USDT through global law enforcement collaborations.

Tether’s Expanding Role in Global Law Enforcement

Tether’s cooperation with Turkish officials highlights the company’s growing partnership with international authorities. 

The stablecoin issuer provided technical assistance to freeze wallets connected to unauthorized betting platforms. 

This intervention prevented suspects from moving potentially laundered cryptocurrency to other addresses. 

The action demonstrates how blockchain transparency enables rapid response to criminal investigations.

Tether assisted Turkish authorities in freezing $544m (approx. €460m) in crypto assets linked to illegal betting as part of a money laundering investigation. Additionally, Tether revealed it has aided law enforcement in >1,800 cases across 62 countries, freezing a total of $3.4b…

— Wu Blockchain (@WuBlockchain) February 7, 2026

The $544 million seizure in Turkey forms part of a broader enforcement pattern. Tether has developed protocols for responding to legitimate law enforcement requests worldwide. 

These procedures allow authorities to immobilize USDT holdings linked to suspected criminal activity. The company maintains compliance teams dedicated to processing such requests efficiently.

Across 62 countries, Tether has supported more than 1,800 criminal investigations. The cases span various categories including fraud, money laundering, and illicit marketplace operations. 

The $3.4 billion in frozen USDT reflects the scale of detected criminal activity. This figure represents cumulative freezes executed over multiple years of cooperation.

The stablecoin issuer’s transparency measures contrast with criticisms often directed at cryptocurrency platforms. 

By maintaining the ability to freeze addresses, Tether provides law enforcement with tools unavailable in truly decentralized systems. 

This capability has made USDT a cooperative asset in criminal investigations. Authorities can trace and halt illicit fund movements more effectively than with privacy-focused cryptocurrencies.

Turkish Investigation Targets Crypto-Enabled Betting Networks

The Istanbul Chief Public Prosecutor’s Office identified the frozen assets as belonging to illegal betting operations. Authorities targeted Seref Yazici, owner of the Dubai-based Darkex cryptocurrency platform. 

The exchange operated in Turkey without licensing from the Capital Markets Board. Turkish regulators blocked access to Darkex in September 2025.

MASAK, Turkey’s Financial Crimes Investigation Board, accused Yazici of facilitating unlawful betting through crypto infrastructure. 

The platform allegedly processed transactions for unauthorized gambling websites operating across Turkey. 

Authorities seized real estate, corporate shares, banking accounts, and cryptocurrency holdings. This comprehensive freeze aims to prevent the laundering of criminally obtained proceeds.

The case follows another major Turkish seizure announced last week. Officials confiscated $550 million in cryptocurrency linked to fugitive Veysel Sahin. 

Sahin faces an Interpol Red Notice for operating illegal betting platforms and money laundering. Extradition proceedings remain ongoing.

Tether’s assistance in both Turkish cases demonstrates the company’s responsiveness to regional enforcement efforts. The combined seizures exceed $1 billion in cryptocurrency value. 

Turkish authorities continue investigating additional platforms suspected of providing services to unlicensed betting operations. 

The crackdown reflects stricter oversight of cryptocurrency exchanges serving Turkish users without proper authorization.

The post Tether Assists Turkey in $544 Million Crypto Seizure, Reveals $3.4B Global Enforcement Record appeared first on Blockonomi.

TLDR:

Wintermute CEO says no credible sources confirm circulating crypto liquidation rumors

Modern perpetual futures markets offer transparency unlike previous cycle’s lending platforms

Digital asset desks buying Bitcoin above $100K face mounting pressure from current prices

Legal penalties in major jurisdictions deter false bankruptcy claims from struggling firms

 

Wintermute CEO Evgeny Gaevoy publicly challenged spreading rumors about major crypto firm liquidations following recent market volatility. 

He expressed skepticism about immediate spillover effects despite speculation linking an Asian trading firm to Bitcoin ETF sales. The executive noted that credible industry insiders have not confirmed any blowup stories circulating on social media. 

Current rumors originate from unverified accounts rather than trusted sources with direct knowledge.

Market Structure Changes Reduce Contagion Risk

Gaevoy outlined how crypto leverage shifted fundamentally since the previous cycle’s catastrophic failures. 

Continue to be pretty skeptical about “somebody blew up” rumors or at least skeptical about mid/long term impact of it. Maybe somebody blew up but there are simply no spillover effects for us to care

When 3AC blew up post terra everyone knew fairly soon because it spread via…

— wishful_cynic (@EvgenyGaevoy) February 7, 2026

Uncollateralized lending platforms like Genesis and Celsius facilitated opaque borrowing arrangements that collapsed spectacularly. Those entities operated without transparency and created systemic risks across the industry. 

Modern leverage concentrates in perpetual futures markets with visible risk management and automated liquidation systems.

The Wintermute executive contrasted current speculation with past blowup events that followed clear patterns. Three Arrows Capital’s collapse spread through private messages within two to three days after Terra’s implosion. 

FTX troubles became obvious when Binance bailout discussions leaked to the public. Major solvency crises don’t remain hidden long when real contagion exists.

Exchange risk controls improved dramatically after expensive lessons from Three Arrows Capital. 

Deribit was the only exchange that lost money on that default due to special credit lines. No major platforms show appetite for similar unsecured arrangements anymore. 

Auto-deleveraging mechanisms now prevent customer liquidations from damaging exchange balance sheets.

Gaevoy dismissed concerns about exchanges themselves failing through FTX-style misuse of customer funds. The practice of investing user deposits into illiquid assets appears abandoned industry-wide. 

Exchanges also became better at detecting hacks even when firms attempt concealment. Legal consequences for false bankruptcy denials create real deterrents in major jurisdictions like Europe, the US, UK and Singapore.

Overleveraged Peak Buyers Still Face Reckoning

Despite short-term skepticism, Gaevoy acknowledged that market consequences from peak mania buying remain inevitable. 

Digital asset trading desks purchased heavily at levels now deeply underwater. Some firms acquired Solana above $225, Ethereum above $4000 and Bitcoin above $100000. Those positions face severe pressure given current prices.

Wintermute CEO seems to think otherwise.

Regardless of what happened in the last 72 hours, there will be news which drops in the coming months about the affected entities from this vicious drop.

Why? People do dumb shit in peak bull mania. They always do. Last time we had FTX,… https://t.co/VstYl9Tm03 pic.twitter.com/R14IF4Ckp2

— Andy (@andyyy) February 8, 2026

The October 10th crash damaged the altcoin market in ways still not fully understood. Smaller trading desks focused on speculative tokens likely carry even worse exposure. 

Historical patterns show that reckless behavior during bull markets creates delayed problems. The executive warned that affected entities may not surface for months as positions unwind gradually.

Social media speculation linked recent volatility to an Asian firm liquidating Bitcoin through IBIT ETFs after precious metals margin calls. 

Gaevoy’s comments suggest such rumors lack substance currently. However, his acknowledgment that overleveraged players will eventually face consequences indicates patience may reveal the damage

[contact-form] [contact-form]

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TLDR:

Market Structure Changes Reduce Contagion Risk

Overleveraged Peak Buyers Still Face Reckoning

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TLDR:

Market Structure Changes Reduce Contagion Risk

Overleveraged Peak Buyers Still Face Reckoning

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The post Wintermute CEO Dismisses Crypto Blowup Rumors As Market Seeks Clarity appeared first on Blockonomi.

TLDR: 

Nasdaq filing raises limits for FBTC, ARKB, HODL to match IBIT’s existing 250k position threshold

IBIT maintains standard 250k limit under Option 9 rules, separate from January regulatory changes

BlackRock filed in November to increase IBIT limit to 1 million contracts, pending regulatory approval

Market analyst warns against AI-generated misinformation about crypto ETF regulatory developments

 

Rumors claiming Nasdaq eliminated position limits for iShares Bitcoin Trust options have been debunked by market analyst Jeff Park. The confusion stems from a January SEC filing that adjusted restrictions on several crypto ETFs. 

Park clarified that the regulatory change does not grant unlimited leverage to Wall Street traders. Instead, the filing addresses position limits for other Bitcoin ETF products.

Regulatory Filing Targets Secondary Bitcoin ETFs

The SEC document in question raises position limits for FBTC, ARKB, HODL, and Ethereum ETFs from 25,000 to standard thresholds. IBIT already operates under the 250,000 position limit established in Nasdaq’s Option 9 rules. 

BlackRock’s IBIT and Bitwise’s BITB have maintained this higher limit since their options launched. The January filing aims to level competitive conditions across Bitcoin ETF issuers.

Park highlighted that the regulatory change removes previous restrictions that penalized crypto assets with non-standard limits. The filing explicitly references exchange requirements preventing unfair discrimination between customers and issuers. 

This adjustment brings smaller Bitcoin ETF products in line with established position limit frameworks. Market participants can verify current limits through the Options Clearing Corporation database.

some misinformation that is going around that i wanted to address quickly-

there's been a rumor that Nasdaq has removed the option position limit for IBIT and therefore gives wall street unlimited leverage, and that the timing of this change is suspect because it was in january,… pic.twitter.com/osFPXPXaeA

— Jeff Park (@dgt10011) February 7, 2026

IBIT Seeks Higher Position Limit Through Separate Process

A November 2024 filing reveals BlackRock’s attempt to increase IBIT’s position limit from 250,000 to one million contracts. This request remains pending with federal regulators as of February 2026. 

The proposed expansion would represent a fourfold increase in maximum allowable positions. Park emphasized this separate filing as the actual development worth monitoring for potential leverage changes.

The analyst cautioned against relying solely on AI chatbots for verifying market information. He noted instances where automated tools provided incorrect statements about the regulatory changes. 

Independent verification through official sources like the OCC database provides accurate position limit data. Park encouraged market participants to maintain due diligence when evaluating claims about regulatory developments.

The confusion highlights ongoing scrutiny of Bitcoin ETF derivatives markets. Position limits serve as risk management tools preventing excessive concentration in options contracts. 

Regulatory adjustments to these limits reflect evolving approaches to crypto asset integration in traditional finance. The standardization process continues as more Bitcoin ETF products enter the derivatives market.

The post IBIT Position Limits Stay Put as Nasdaq Levels Bitcoin ETF Playing Field appeared first on Blockonomi.

TLDR:

Li Lin confirmed no BTC or ETH sales from Avenir Group during market crash period

Trend Research sold 658,168 ETH worth $1.35B at $2,058 average versus $3,104 cost

Total losses reached $688M, erasing prior $315M gains for $373M net deficit

Ethereum held above $2,000 after eight-day liquidation concluded on exchanges

 

The founder of Huobi and Avenir Group has publicly rejected claims linking him to a major Ethereum liquidation event. 

Li Lin stated he maintained his Bitcoin and ETH positions during the recent downturn. His denial comes as speculation swirled about a Hong Kong fund triggering the market crash.

Major Institutional Player Distances from Liquidation Event

Li Lin oversees Avenir Group, Asia’s largest institutional Bitcoin ETF holder. 

The executive denied any investment ties to Trend Research or an entity called Garrett. His statement aimed to counter narratives suggesting his firm played a role in the selloff.

Huobi and Avenir Group founder Li Lin have denied rumors that they are investors in Trend Research or Garrett, and stated that they did not reduce their BTC or ETH holdings during this market downturn. Avenir is the largest institutional holder of Bitcoin ETF in Asia. Earlier… pic.twitter.com/8U881BLtTF

— Wu Blockchain (@WuBlockchain) February 8, 2026

Market participants had pointed fingers at Asian institutions during the price drop. Bitcoin fell below key support levels as Ethereum struggled to hold above $2,000. The rumors intensified as liquidations mounted across centralized and decentralized platforms.

Wu Blockchain reported Li Lin’s position remained unchanged throughout the volatility. 

Avenir Group’s Bitcoin ETF holdings stayed intact despite market pressure. The clarification sought to separate his operations from the unfolding liquidation crisis.

On-Chain Analysis Reveals Catastrophic Trading Loss

Data from ai_9684xtpa showed Trend Research liquidated its entire Ethereum position. The entity moved 658,168 ETH to exchanges over an eight-day period. The total value reached $1.354 billion at execution prices.

结束了，易老板终于清仓了
连最后 0.148 $ETH 都充进了交易所

︎ 8 天砸掉 658168.58 ETH，价值 13.54 亿美元
︎ 成本价 ~$3,104.36，卖出价 $2058.05，本轮共计亏损 6.88 亿美元
︎ 上一轮盈利的 3.15 亿美元已全部回吐，倒亏 3.73 亿美元

有趣的是：从巨量抛售的 02.06 下午起，ETH… https://t.co/ej7Nb0CgGi pic.twitter.com/d5XcIU0mY8

— Ai 姨 (@ai_9684xtpa) February 8, 2026

Trend Research bought Ethereum at an average cost of $3,104 per token. The selling occurred at roughly $2,058 per coin. This price difference generated losses exceeding $688 million on the trades.

The entity had previously secured profits of around $315 million from earlier positions. Those gains evaporated completely in the recent drawdown. Net losses now stand at approximately $373 million according to blockchain records.

The final transfer involved just 0.148 ETH moved to Binance. This small amount marked the complete exit from what was once a substantial holding. The selloff began on February 6 and concluded within days.

Ethereum prices stopped declining shortly after the massive selling commenced. The token stabilized above the $2,000 threshold despite continued pressure. Market observers noted the timing between the liquidation and price floor formation.

The event highlighted risks associated with leveraged DeFi strategies. Trend Research had reportedly deployed a looped position strategy worth over $2 billion. Market-wide liquidations surpassed $1 billion during the same window.

The post Huobi’s Li Lin Denies Trend Research Links as $373M ETH Loss Shakes Market appeared first on Blockonomi.

TLDR:

The CFTC update formally includes national trust banks as approved issuers of payment stablecoins for derivatives margin use.

Staff Letter 25-40 still requires full reserve backing and strict redemption rules for qualifying payment stablecoins.

The guidance aligns federal trust banks with existing state-regulated stablecoin issuers like Circle and Paxos.

Combined with the GENIUS Act, the rule signals tighter integration of stablecoins into U.S. financial markets.

 

The U.S. Commodity Futures Trading Commission has expanded its regulatory guidance on payment stablecoins used in derivatives markets. The change allows national trust banks to qualify as approved issuers under an existing no-action framework. 

The update removes a key limitation that had excluded federally chartered trust institutions. It signals deeper integration of stablecoins into regulated financial infrastructure.

CFTC Updates Definition of Payment Stablecoins

The CFTC’s Market Participants Division reissued Staff Letter 25-40 with a revised definition of payment stablecoins. The clarification confirms that national trust banks qualify as permitted issuers.

The original letter, released in December 2025, granted no-action relief to futures commission merchants. It allowed them to accept qualifying payment stablecoins as customer margin collateral.

The guidance also permits firms to hold proprietary stablecoins in segregated customer accounts. These holdings count toward regulatory calculations under strict risk controls.

According to a CFTC press release, staff later realized the original wording unintentionally excluded national trust banks. The revision corrects that oversight and aligns them with state-regulated issuers such as Circle and Paxos.

The framework requires stablecoins to maintain full reserve backing and clear redemption rights. It also mandates operational safeguards and compliance with existing risk management standards.

Social commentary from crypto analysts described the update as a major step for stablecoin adoption in regulated derivatives trading. The reaction focused on its impact on market structure rather than token prices.

GENIUS Act and FDIC Framework Shape Stablecoin Policy

The revised CFTC guidance builds on the GENIUS Act signed into law in July 2025. The legislation created the first federal framework for payment stablecoins used in payments and transfers.

The law introduced reserve requirements and defined oversight roles for both bank and nonbank issuers. It also opened formal pathways for national institutions to participate in stablecoin issuance.

In December 2025, the FDIC proposed a separate rule for banks to issue stablecoins through subsidiaries. That proposal requires supervisory approval and safety and soundness reviews.

The FDIC recently extended its public comment period, according to regulatory notices cited in February 2026 updates. The proposal remains under consideration and has not yet taken effect.

Together, the CFTC and FDIC actions point to a coordinated regulatory direction. Stablecoins now sit closer to traditional banking and derivatives infrastructure.

CFTC Chairman Michael Selig noted that national trust banks have played a role in custody and issuance since their creation under earlier OCC charters. The updated letter reflects their continued position in the payment stablecoin ecosystem.

The move narrows regulatory gaps between state and federally chartered issuers. It also reinforces the U.S. strategy to formalize digital asset markets under post-GENIUS Act policy.

The post Stablecoins Gain Federal Backing as CFTC Expands Issuer List appeared first on Blockonomi.

TLDR:

Bitcoin shows strong correlation with equities, placing short-term price action under macro and liquidity influence.

Short-term holders sent over 94,000 BTC to exchanges at a loss, marking the largest capitulation of this correction.

Options data shows negative gamma exposure, increasing the chance of sharp moves around key expiration dates.

Long-term power-law valuation signals Bitcoin trades over 40% below trend despite ongoing macro pressure.

 

Bitcoin traded in volatile ranges as macro pressure and investor panic shaped near-term price action. Data showed heavy selling from short-term holders as the asset slipped below key technical levels. 

At the same time, long-term valuation models signaled a widening gap between price and trend value. The divergence revealed a market pulled between liquidity stress and structural repricing forces.

Bitcoin Price Mispricing Tied to Macro Correlation and Options Structure

Bitcoin moved in step with U.S. equities during the latest pullback. Thirty-day correlations showed strong alignment with Nasdaq, S&P 500, and high-yield bonds.

Recency-weighted data confirmed the link with risk assets remained elevated. This pattern placed short-term direction under macro and liquidity influence rather than narrative-driven trading.

Lead and lag signals showed equities and credit markets moving before Bitcoin. According to figures shared by David (@david_eng_mba), the Nasdaq led Bitcoin by about four days, while the dollar index led by roughly ten days.

$54K BTC Mispricing: Choppy Short-Term (Tied to Nasdaq), Bullish Long-Term

Bitcoin runs on two clocks: power law reversion and fast macro/liquidity moves.

Short-term macro clock:
BTC is tightly linked to risk assets right now.

30d correlation: Nasdaq +0.731, S&P +0.727, HYG… pic.twitter.com/0OkQBuYjHY

— David (@david_eng_mba) February 7, 2026

Options market positioning reinforced near-term uncertainty. Spot price hovered near the gamma flip zone, with resistance clustered near $70,000 and risk concentrated below that level.

Net gamma exposure remained negative, pointing to unstable price behavior. A squeeze score above the midpoint suggested sensitivity to sharp intraday moves.

Upcoming expiries added another layer of pressure. More than 15% of total gamma was set to roll off on February 13, with larger portions expiring later in February and March.

These expiries increased the probability of breakouts once hedging pressure faded. Until then, price action stayed confined between heavy put and call walls.

Short-Term Holder Capitulation Highlights Bitcoin Price Mispricing Gap

On-chain data showed panic-driven transfers from short-term holders. Darkfost (@Darkfost_Coc) reported daily average flows of over 94,000 BTC to exchanges at a loss.

Yesterday marked the largest panic driven move by short term holders since the start of this correction.

On a daily average basis, STHs sent more than 94,000 BTC, about $6B, to exchanges at a loss while Bitcoin dropped below $65,000.

When short term holders move BTC to… pic.twitter.com/cRmq2YlUpq

— Darkfost (@Darkfost_Coc) February 7, 2026

The transfers occurred as Bitcoin dropped below $65,000. Exchange inflows from short-term holders often indicate intent to sell rather than reposition.

This behavior marked the largest capitulation event of the correction cycle. It reflected emotional reactions during rapid downside moves.

While near-term selling intensified, long-term valuation metrics pointed elsewhere. Power-law trend models placed fair value above $120,000.

The gap between market price and model value exceeded 40%. A negative Z-score signaled an oversold condition relative to historical norms.

Mean-reversion timelines projected gradual recovery over several months. These projections extended into mid and late 2026 based on trend reversion math.

Short-term volatility and long-term valuation now diverged sharply. Macro weakness dictated immediate price movement, while structural models framed a different trajectory.

The post Short-Term Capitulation Hits as Bitcoin Diverges From Long-Term Value appeared first on Blockonomi.

TLDR:

MicroStrategy holds $49.4B in Bitcoin against only $8.2B debt, maintaining a six-to-one coverage ratio 

Company maintains $2.25B cash reserves covering 2.5 years of dividend payments without Bitcoin sales 

Earliest debt maturity arrives in September 2028, allowing time for potential Bitcoin cycle recovery 

Company held through 16-month downturn in 2022 when Bitcoin fell 50% below average purchase price

 

MicroStrategy bankruptcy concerns have dominated crypto discussions as Bitcoin prices fluctuate. However, recent analysis of the company’s financial structure reveals a different picture than the prevailing narrative suggests.

The business intelligence firm holds Bitcoin reserves worth approximately $49.4 billion against total debt of $8.2 billion. This substantial asset-to-liability ratio contradicts widespread predictions of imminent financial collapse.

Meanwhile, cash reserves and extended debt maturity timelines provide additional protection against short-term market volatility.

Financial Structure Provides Multiple Layers of Protection

The asset coverage ratio stands at roughly six-to-one, with Bitcoin holdings far exceeding debt obligations. Crypto analyst Crypto Rover addressed the bankruptcy narrative directly, stating “the reality is most people spreading this FUD do not understand how MicroStrategy’s balance sheet is structured.”

The analysis breaks down multiple protective layers within the company’s financial position. “At current levels, MicroStrategy’s Bitcoin holdings are worth roughly $49.4B, while total company debt is about $8.2B,” Crypto Rover noted. This means their Bitcoin reserve is almost six times larger than their debt obligations.

Beyond the Bitcoin reserve itself, MicroStrategy maintains USD cash reserves totaling around $2.25 billion. Regarding dividend concerns, Crypto Rover explained “the company has built a USD cash reserve of around $2.25B. That alone can cover dividend payments for 2.5 years without selling a single BTC.” Annual dividend obligations total approximately $890 million.

Debt maturity schedules further reduce near-term pressure on the company. “Strategy’s debt is not due immediately. The earliest maturity comes in September 2028,” according to the analysis.

Additional maturities follow in December 2029 and June 2032. This timeline aligns favorably with Bitcoin’s historical four-year market cycles, potentially allowing prices to recover before major debt obligations arrive.

Historical Performance Demonstrates Resilience Under Stress

MicroStrategy already survived a severe market test during 2022 and early 2023. Bitcoin prices fell nearly 50 percent below the company’s average purchase price of $30,000. The cryptocurrency remained at those depressed levels for approximately 16 months.

Crypto Rover highlighted the company’s response during that period: “Even then: They did not panic sell, They did not liquidate holdings, They held through the drawdown.” Only 200 Bitcoin were sold for tax loss harvesting purposes, and those coins were subsequently reacquired.

This real-world stress test validates the company’s commitment to its long-term strategy. “There is already a real historical stress test, and they held through it,” the analysis emphasized. The precedent demonstrates management’s willingness to weather extended market downturns.

Recent claims about exchange transfers have largely proven unfounded or misinterpreted. “There have been viral screenshots claiming MicroStrategy is moving BTC to exchanges. Most of these are either misinterpreted or fake,” Crypto Rover stated. No verified evidence supports accusations of distressed selling behavior.

The current fear narrative follows familiar patterns from previous market cycles. “Every cycle has a dominant fear narrative,” the analyst observed, comparing current concerns to past Tether collapse predictions that never materialized.

When examining actual financial data rather than speculation, the bankruptcy thesis lacks supporting evidence.

The post MicroStrategy Bankruptcy Claims Debunked: Financial Analysis Reveals Strong Position appeared first on Blockonomi.