The Cryptonomist

In a move that signals growing institutional demand for crypto, BitGo 21shares have expanded their global collaboration across ETF, staking, and custody services.

BitGo and 21shares deepen global ETF and ETP collaboration

BitGo Holdings, Inc. (NYSE: BTGO) and 21shares, one of the world's largest issuers of crypto exchange traded products, announced an expanded partnership spanning the United States and EMEA. Building on their existing relationship, the firms will scale cooperation across staking and custody to support 21shares' fast-growing suite of ETP products for investors in the US and Europe.

Moreover, the two companies aim to create a more robust institutional-grade framework for digital asset exposure through enhanced infrastructure and risk management. The expansion covers both ETF offerings in the US and a broad lineup of ETPs listed across European venues, reflecting rising demand for regulated access to crypto markets.

21shares assets under management and product strategy

21shares has emerged as a leading issuer of digital asset investment products, with a global footprint and an AUM of $5.7bn as of February 10, 2026. The company's disciplined approach to product design and its commitment to institutional-grade operations underpin its expansion across ETF and ETP markets.

However, it is the firm's broad platform, spanning both spot and thematic crypto products, that positions 21shares as a strategic partner for BitGo. As demand for regulated crypto exposure continues to grow in key jurisdictions, the issuer's expanding ETF and ETP lineup is expected to play a central role in channeling institutional capital into digital assets.

BitGo infrastructure, staking, and custody capabilities

BitGo provides the core infrastructure that supports 21shares' expanding platform, combining security, execution, and staking services under a regulated framework. Through BitGo's technology stack, 21shares gains access to deep liquidity, improved execution across electronic and OTC markets, and competitive staking rewards that help optimize digital asset operations.

All services are delivered within BitGo's regulated and insured qualified custody structure, which offers institutional-grade protection that many digital asset infrastructure providers cannot match. That said, the collaboration is not limited to safekeeping, as integrated staking and trading tools allow 21shares to manage complex ETP structures with greater efficiency.

Executive commentary on the expanded partnership

Adam Sporn, Head of Prime Brokerage and Institutional Sales at BitGo, highlighted the importance of the relationship, saying that 21shares is one of the leading digital asset managers globally and that BitGo has valued the partnership from the outset. He emphasized BitGo's excitement to extend cooperation across the growing US ETF range and global ETPs in staking and custody.

Moreover, Sporn noted that as 21shares continues to scale its business worldwide, BitGo expects to support future initiatives with a shared long-term vision. This alignment around growth and institutional standards is central to the rollout of new regulated crypto custody solutions for professional clients.

Andres Valencia, Head of Investment Management at 21shares, stressed that the company prides itself on operating a custody framework tailored to institutional digital asset operations and risk management across its global ETP lineup. He said BitGo was chosen for its strong record in regulatory compliance, safety, and security.

That said, Valencia also underlined that the expanded engagement across staking and custody services with this trusted partner enables 21shares to scale while maintaining stringent security and governance standards. BitGo's infrastructure is therefore seen as a backbone for the issuer's long-term growth.

Regulatory milestones underpinning BitGo's institutional offering

This partnership expansion follows a period of strong momentum at BitGo. The company recently received approval from the Office of the Comptroller of the Currency (OCC) to convert its subsidiary, BitGo Bank & Trust, into a federally chartered trust bank for digital assets. In addition, BitGo completed an IPO on the New York Stock Exchange, listed under the ticker BTGO.

These regulatory and capital markets milestones strengthen BitGo's ability to serve institutional partners with robust governance, regulatory alignment, and operational resilience. Moreover, they reinforce its positioning in institutional crypto custody as investor scrutiny of service providers continues to rise.

The firm also holds a Markets in Crypto-Assets Regulation (MiCAR) license from Germany's Federal Financial Supervisory Authority (BaFin), allowing it to deliver regulated services across the European Union. However, BitGo is careful to clarify that these approvals and licenses apply to its entities and services only and do not represent any endorsement or approval of specific ETFs, ETPs, or investment products.

Global outlook: institutional adoption and market expansion

Both firms highlighted a shared commitment to partnership-led growth, with ongoing collaboration across operations, product development, and global market support. As institutional adoption of digital asset markets accelerates, their joint efforts are expected to focus on scaling 21shares etp products while enhancing the underlying infrastructure.

Furthermore, the expanded alliance across the US and EMEA supports broader us emea market expansion for crypto-linked securities. In this context, the bitgo 21shares collaboration is positioned to capture growing demand for secure, regulated access to staking, custody, and trading solutions.

In summary, the deeper partnership across staking, custody, and regulatory-backed infrastructure strengthens both BitGo and 21shares as key players in the institutional digital asset ecosystem, while offering investors more robust options for accessing crypto exposure through ETFs and ETPs.

In this Crypto News update, Thailand is preparing to add digital assets to its regulated local derivatives market. An account on X tweeted the development by saying that Thailand’s Securities and Exchange Commission is going to expand derivatives rules. Under the same regulatory ambit, carbon credits have also been mentioned. Global alignment and protection for investors are the reasons authorities have cited behind this change, although key details about the rollout remain secret.

Crypto News Report Cites SEC Expansion of Derivatives Rules

This report states that Thailand’s SEC will extend derivatives regulations to digital assets. Coin Bureau has posted the information publicly, noting that the planned changes come after approval to align Thailand’s market with international standards. The tweet also underlines ongoing oversight and investor protection as core parts of the plan.

Thailand already licenses crypto exchanges and oversees the digital asset trading activity. However, the derivatives that are linked to crypto have remained limited against the supply-side spot trading. The new framework would bring crypto-based derivatives under a defined regulatory structure, in a similar way to rules governing traditional derivatives products.

Regulators might also impose existing compliance expectations on new crypto-linked products. That could include licensing, reporting, and operational requirements for intermediaries. Market participants now wait for detailed guidance on what instruments will qualify and how trading will operate.

Reports Signals A Push Toward Global Standards

In a way, the recent news on Crypto is a manifestation of a larger trend, which the financial market industry is witnessing. The SEC’s role in Thailand is striving to ensure that the crypto market is aligned with international market standards and not develop parallel systems to facilitate the crypto market.

Countries seem wary of derivatives due to risks associated with the use of leverage. The focus for Thailand is on regulated inclusion, with the process remaining under the jurisdiction of the SEC. The tweet seemed to relate the policy direction with the protection of investors and close supervision.

An organized regulated derivative market can facilitate price discovery as well as risk management. Firms tend to participate in the market for hedging purposes. Inclusion of crypto in such markets can provide incentives for firms that favor regulated formal systems.

News Adds Carbon Credits Into the Same Framework

Besides this, the most recent update also points out that the Thai government is looking to integrate carbon credits into the rules for derivatives. The Thai government included the carbon credits along with the cryptocurrencies as part of the broad definition of the types of derivatives they will allow. This means environmental trading and cryptocurrencies will fall under a single system of regulation.

Carbon credit is considered a market-based instrument associated with emissions targets/compliance systems. The market-based classification of carbon credits as derivative products is expected to increase standardization, reporting, and trading options through such platforms. The integration of carbon credits and crypto is considered a larger attempt to modernize categories of tradable assets.

By being governed by the SEC, Thailand may also eliminate the fragmentation that normally exists across emerging markets. Market entrants, such as traders and financial institutions, require clarity across emerging markets on compliance, settlement, and contract issues before investing.

Crypto News Outlook for Market Participation and Next Steps

This is a development, which could further enhance access to structured crypto products in Thailand. This is because a well-regulated market for derivatives could be able to offer volatility management solutions, going beyond spot markets alone.

Thai regulatory authority, Thai SEC, has not announced any information on leverage ratio, types of contracts, or any roll-out schedule. Either of these aspects may play an important role in how stock exchanges and brokerage firms will be ready to roll out with.

For now, the focus of this report is on regulation approval and policy direction. However, implementation guidelines, licensing processes, and the listing of products under the new rules on derivatives will inform the next phase.

In the ever-evolving landscape of trading platforms, Bitget takes a decisive step towards innovation by introducing Gracy AI, an animated digital avatar designed to offer users a unique conversational interface.

This innovation goes beyond providing short-term data or signals, opening up an authentic dialogue space on market strategies, leadership, and long-term thinking.

Gracy AI: Beyond Numbers, Towards Understanding

Unlike traditional solutions based on artificial intelligence, often focused on data analysis and price prediction, Gracy AI stands out for its ability to interpret and contextualize.

The avatar is built around the experience and decision-making approach of Gracy Chen, CEO of Bitget, and offers users the opportunity to explore topics such as market cycles, uncertainty management, and personal growth in the financial sector.

A Human Interface for More Informed Decisions

The true innovation of Gracy AI lies in its conversational nature. Users can ask questions not only about market trends but also on how to navigate periods of volatility, how to develop a growth-oriented mindset, and how to make strategic decisions when background noise threatens to obscure the big picture.

The goal is not to provide forecasts, but to help traders think more clearly and systematically.

Gracy Chen’s Vision: Listening and Supporting Users

Gracy Chen, CEO of Bitget, commented with a touch of irony on the presence of her digital avatar: “Honestly, I still find it a bit amusing to see an AI avatar of myself on the screen.

But a fundamental part of my job is to listen to users’ concerns, delve into the details, and help them understand what is really happening in the market. The team built Gracy AI precisely on this approach, so that more users can connect, learn, and grow feeling supported by me and the team.”

An Extension of Bitget’s AI Strategy

The introduction of Gracy AI represents a key component in Bitget’s broader roadmap dedicated to artificial intelligence, within the UEX transformation.

Following the launch of GetAgent, which strengthened Bitget’s analytical and decision-support capabilities, Gracy AI emerges as the human face of this strategy: technology not only as an execution tool but as a support for understanding and growth.

From Analysis to Empathy: The New Course of AI for Traders

In recent years, Bitget has decisively focused on integrating artificial intelligence to make trading more accessible and effective. From AI-powered market insights to smart trading tools, and products like GetAgent, the platform has progressively lowered barriers and improved the quality of users’ decisions.

With Gracy AI, this evolution takes another leap forward, offering a dimension of experience, perspective, and real-time intelligence in a conversational and immediate form.

Tangible Support for User Growth

Gracy AI positions itself as an ally for those who wish to go beyond mere order execution, offering insights on how to tackle market challenges, develop a strategic vision, and make well-considered decisions even in times of heightened uncertainty.

In a sector where technology is often synonymous with automation, Bitget demonstrates that the true added value lies in the ability to foster better and more conscious thinking.

Bitget and the Transformation into a Universal Exchange

The launch of Gracy AI is part of Bitget’s broader transformation towards the Universal Exchange, a platform aimed at providing increasingly advanced and useful tools for traders of all levels. The underlying idea is simple yet revolutionary: better tools are important, but better thinking is fundamental. Gracy AI embodies this philosophy, placing the user and their personal and professional growth at the forefront.

Conclusions: A New Era for Market Dialogue

With the arrival of Gracy AI, Bitget redefines the role of artificial intelligence in the trading world, shifting the focus from pure data analysis to a deep understanding of decision-making processes. In a context where market complexity demands not only information but also interpretation and guidance, Bitget’s conversational avatar aims to become a benchmark for those seeking not only answers but also new questions to explore.

Gracy AI does not promise infallible predictions or miraculous solutions, but it offers what is often missing in the trading world: a direct engagement with a leader’s mindset, a space for reflection and growth, and tangible support to tackle the challenges of a constantly evolving sector. Ultimately, Bitget demonstrates that technological innovation can and should serve human intelligence, paving the way for a new era of dialogue and awareness in financial markets.

Thailand is accelerating reforms in its financial sector, with new rules allowing thailand crypto activity to move deeper into the regulated derivatives market.

Government approves digital assets as collateral in derivatives market

The Thai government has formally approved the use of digital assets as underlying assets in the country's derivatives and capital markets. This policy, announced in 2024, aims to modernize Thailand's financial infrastructure and align it with global standards for crypto regulation.

Moreover, officials frame the move as a way to strengthen regulatory oversight and investor protection, rather than simply encouraging speculative activity. The new framework recognizes that cryptocurrencies and tokenized instruments can serve as collateral and reference assets in more complex financial products.

SEC to amend Derivatives Act and expand eligible assets

The Securities and Exchange Commission of Thailand will amend the existing Derivatives Act to implement the decision. Under the revised rules, the scope of eligible underlying assets will expand to include cryptocurrencies such as Bitcoin (BTC) and carbon credits, alongside traditional financial instruments.

However, the change is more than a technical update. It signals a broader shift in how Thai regulators view digital assets: no longer only as speculative instruments, but as tools that can help transform capital markets, diversify portfolios, and improve risk management.

Thailand's strategy to become a regional crypto hub

The integration of digital assets into the Thai derivatives market forms part of a wider strategy to position the country as a regional hub for institutional crypto trading. The Thai SEC plans to update multiple regulations and introduce Bitcoin futures and other crypto-related exchange-traded products in 2026.

Moreover, the authorities want to attract more institutional investors, while expanding the menu of regulated investment options for both local and international traders. That said, officials also stress the importance of robust risk controls so that market growth does not come at the expense of financial stability.

Within this context, the phrase thailand crypto is increasingly associated with regulated markets and structured products, rather than unregulated speculation on offshore platforms.

Industry reaction and Binance Thailand's perspective

Industry players have welcomed the reform. Binance Thailand CEO Nirun Fuwattananukul described the government decision as a "watershed moment" for the domestic financial market. He argued that the policy underlines Thailand's ambition to become one of Southeast Asia's leaders in the digital economy.

Furthermore, Fuwattananukul said the new approach sends a clear signal that Thailand now views digital assets as a legitimate investment asset class. That message is expected to encourage both Thai investors and overseas institutions to engage more actively with licensed crypto exchange Thailand platforms and regulated derivatives venues.

Role of the Thai SEC and the Thailand Futures Exchange

The Thai SEC will take the lead in drafting and enforcing the new regulatory framework needed to support digital assets in the financial system. Its work includes setting detailed rules for market conduct and expanding licensing categories for digital asset operators that want to offer derivatives or structured products.

Additionally, the regulator plans to work closely with the Thailand Futures Exchange (TFEX) to finalize contract specifications for upcoming crypto-based financial products. These specifications will cover margin requirements, settlement procedures, and risk management measures tailored to the volatility of crypto markets.

Focus on diversification, inclusiveness and risk management

The SEC's amendments to the Derivatives Act are explicitly designed to promote inclusiveness, portfolio diversification, and improved risk controls. By expanding the list of permitted underlying assets, the government wants to create more opportunities for institutional investors and qualified retail traders.

Moreover, the authorities intend to introduce new financial products, including futures and exchange-traded instruments linked to Bitcoin and other digital assets. These products are expected to sit alongside existing equities, bonds, and commodity contracts, giving investors more tools to hedge risk or gain targeted exposure.

Recognition of crypto as a legitimate asset class

As part of these reforms, the Thai SEC will update its supervisory frameworks to acknowledge crypto as a legitimate asset class within regulated markets. This recognition marks an important shift for Thailand, where digital assets were often treated as peripheral or speculative in previous years.

However, it does not imply an unrestricted environment. The central bank still maintains a ban on using cryptocurrencies for day-to-day payments, underscoring that their primary role is investment and capital markets activity, not legal tender or a general medium of exchange.

Broader push to integrate blockchain into mainstream finance

This policy move forms part of Thailand's broader effort to integrate cryptocurrency and blockchain technology into mainstream financial markets. Officials see tokenization, on-chain settlement, and regulated crypto derivatives market products as tools to enhance market efficiency and transparency.

That said, Thai regulators emphasize that innovation must be accompanied by strong governance, adequate disclosures, and clear investor protection rules. By combining these elements, Thailand aims to build a more competitive financial center while retaining control over systemic risks.

In summary, Thailand's decision to recognize digital assets as eligible underlying assets for derivatives, and to move toward Bitcoin-linked products by 2026, marks a major regulatory turning point for the thailand crypto landscape and its evolving capital markets.

During a sharp pullback in crypto-related names, Ark Invest ramped up its exposure to robinhood stock, turning it into a flagship holding despite weak quarterly results.

Ark Invest ramps up its Robinhood bet

Robinhood (HOOD) shares dropped about 9% on Wednesday after Q4 revenue missed analyst forecasts, extending a losing streak that has weighed on sentiment. However, Ark Invest used the downturn to accumulate nearly $50 million in stock, underscoring its conviction in the trading platform’s long-term strategy.

The asset manager bought $33.8 million worth of Robinhood during the selloff, a move that coincided with a brief Bitcoin dip below $66,000 and broad selling across crypto-linked stocks. Moreover, Ark added about $16 million in other digital-asset-related names, including exchange operator Bullish and USDC issuer Circle.

Those fresh purchases pushed Robinhood to the largest crypto-exposed position in the flagship ARK Innovation ETF, with holdings now worth roughly $248 million. That stake represents about a 4.1% weighting in the fund, placing the brokerage ahead of other high-conviction technology plays.

Q4 miss and shift beyond retail trading

Robinhood reported Q4 results that fell short of revenue expectations, primarily because cryptocurrency trading volumes dropped sharply. That said, the company has been trying to reduce its dependence on retail trading fees by leaning into new lines of business and deeper engagement with digital assets.

Despite the setback, management has highlighted a growing pipeline of initiatives aimed at diversifying revenue. Moreover, executives are emphasizing products that appeal to both institutional clients and advanced traders, even as casual trading activity remains subdued.

Robinhood Chain and blockchain ambitions

One key initiative is Robinhood Chain, a permissionless Layer 2 blockchain that recently entered testnet. The Robinhood chain testnet launch targets tokenized real-world assets and institutional financial services, signaling a shift from a pure retail trading app toward a broader infrastructure provider.

The chain is designed to support high-throughput transactions and complex financial contracts while integrating with the existing Robinhood ecosystem. However, success will depend on attracting developers, liquidity providers and institutional partners in an increasingly competitive Layer 2 landscape.

Market backdrop: ETF outflows and cautious sentiment

On the same Wednesday, U.S. spot Bitcoin ETFs recorded net outflows of $276.3 million, dragging total assets under management down to $85.7 billion. This marked the lowest level since late 2024, highlighting how institutional interest has cooled after a strong initial phase of inflows.

Bitcoin later stabilized around $67,200, but professional buyers remained cautious and many investors stayed on the sidelines awaiting clearer macro and regulatory signals. Moreover, the ETF outflows added to pressure on listed crypto platforms, including Robinhood, as traders reassessed risk exposure.

Prediction markets emerge as a growth engine

CEO Vlad Tenev has identified prediction markets as a potential new growth pillar for the broker. He described them as a coming “supercycle” that could eventually support trillions of dollars in annual trading volume if adoption accelerates across asset classes and geographies.

Robinhood‘s prediction markets business has already shown rapid traction. Its volume more than doubled in Q4, contributing to $12 billion in contracts traded during full-year 2025. In early 2026, the company processed around $4 billion in additional contracts, suggesting rising user engagement.

The firm is building its own platform through a prediction markets joint venture with market maker Susquehanna International Group. That structure should give Robinhood greater control over contract design and listings, while potentially delivering higher margins than simply routing clients to existing exchanges.

The in-house prediction market is expected to launch later this year and will compete with established players such as Kalshi and Polymarket. However, winning share from incumbents will require a compelling user interface, regulatory clarity and attractive liquidity incentives.

Upcoming Take Flight event and product roadmap

Robinhood plans to share more details on its blockchain and prediction market initiatives at its “Take Flight” event scheduled for March 4. The presentation will likely highlight new products, platform enhancements and additional use cases built around its Layer 2 infrastructure.

Market participants will be watching for updates on how these projects can support earnings growth after the recent revenue miss. Moreover, clarity on timelines and monetization could shape how investors value the company’s expansion beyond legacy retail brokerage services.

Analyst ratings and share performance

Wall Street analysts currently maintain a Strong Buy consensus on Robinhood, based on 14 Buy ratings, three Holds and zero Sells in the past three months. The average 12-month price target stands at $135.79, implying roughly 56.9% upside from current levels if forecasts prove accurate.

Even so, shares have struggled in 2026. Following the latest drop, Robinhood has lost nearly one-third of its value year-to-date, reflecting investor concerns about slowing retail volumes and regulatory uncertainty. The recent Ark Invest robinhood purchase, however, signals that at least some institutional investors see the pullback as an opportunity rather than a lasting structural decline.

Strategic outlook

For long-term investors, the trajectory of robinhood stock will likely hinge on execution in prediction markets, blockchain infrastructure and institutional services. If those initiatives scale, they could gradually offset cyclical weakness in traditional trading.

In summary, Robinhood faces a challenging near-term backdrop but is repositioning itself as a diversified fintech and crypto infrastructure player. That said, realization of its ambitious roadmap will be crucial to justifying current analyst targets and restoring market confidence.

During a recent internal presentation, Elon Musk detailed plans for the upcoming x money beta while stressing that payments will sit at the core of the X platform.

X Money moves from internal testing to limited external launch

Elon Musk confirmed that X Money is already running inside the company in a closed beta. He revealed that staff have tested the payments service for a period of time, suggesting core systems are in place even before public access begins.

During an xAI all-hands presentation on Wednesday, Musk said a limited external beta should go live in the next 1–2 months. However, he did not commit to a specific calendar date, signaling that technical and regulatory milestones may still shape the rollout.

Musk described this first public phase as deliberately constrained in scope. Moreover, he emphasized that the initial release will act as a proving ground before the service expands to a wider audience.

He told employees that the first step will be a small external test with selected users, followed by gradual geographic expansion. That said, Musk reiterated that the eventual target is to make the service available to X users worldwide once early feedback and compliance checks are complete.

Musk positions X Money as core transaction hub on X

Musk framed the payments product as a central element of his broader vision for the platform. According to him, the goal is to turn X into a place where users can communicate, watch content, and also move funds without leaving the app.

He said X Money is “intended to be the place where all money is” on the platform and called it “the central source of all monetary transactions.” Moreover, he tied that ambition to higher engagement, arguing that new services should push more day-to-day activity into the app.

In the same talk, Musk shared user metrics to highlight the potential reach. He said X has about 1 billion installed users, with average monthly users around 600 million. However, he suggested there is still headroom to increase daily usage as financial tools roll out.

Musk added that as X offers more integrated services, the app could handle a growing share of users’ daily lives. He described a future in which, if people choose, they “could live your life on the X app,” using it for communication, content, and payments in one place.

Planned capabilities and unanswered questions on features

For the x money beta, Musk said the product is designed as a single hub for financial activity inside the platform. However, X has not yet detailed specific features for the external test, leaving many practical questions open for early adopters.

The company has not disclosed expected fee structures, transfer limits, or the list of supported countries for the first wave of users. Moreover, it has not explained how participants in the limited external beta will be chosen or whether sign-ups will be available to the general public.

Early functionality is expected to center on peer-to-peer transfers between X accounts. Musk indicated that the service should later support broader payment flows inside the app, potentially including merchant interactions and creator payouts as the ecosystem matures.

He also portrayed payments as integrated with other tools on the platform, referencing communications features and Grok alongside financial services. That said, X has provided no technical documentation yet that describes how these systems will connect in production.

Earlier payments testing, Visa partnership, and XChat rollout

X has pursued payments functionality since Musk acquired Twitter in October 2022 and later rebranded the service as X. Since the acquisition, the platform has pushed into AI tools and long-form video, and X Money now adds a financial layer on top of those initiatives.

In early 2025, the company began beta testing wallet features and person-to-person payments. The effort included a collaboration with Visa, according to earlier corporate statements. However, Musk has not outlined how that work connects to the current closed beta that staff are using.

Alongside payments, X has rolled out XChat, an encrypted messaging system that consolidates direct messages into a single inbox. The company has positioned XChat as a way to tighten privacy and simplify conversations within the app.

Musk has compared XChat’s security protections to “Bitcoin-level encryption,” invoking the robustness of cryptographic systems used in digital assets. That said, X has not yet released full technical specifications for public review or for independent security audits.

Unclear crypto roadmap and remaining regulatory questions

Despite Musk’s longstanding interest in digital assets, the company has not confirmed any crypto support inside X Money. During his recent remarks, he did not reference any specific tokens, networks, or on-chain integrations tied to the payments service.

The company has also avoided publishing a formal crypto roadmap for the product. Moreover, it has not answered whether any future integrations would rely on existing blockchains or on internal settlement infrastructure that only uses fiat rails.

Regulatory details around the payments service remain limited as well. X has not publicly listed which licenses it holds in key jurisdictions or how compliance checks will work for the external beta. However, those questions will be central as the system scales beyond a small test group.

For now, Musk has presented the x money external beta as another step toward turning X into a more complete financial and communications platform. The exact shape of the product, including any crypto features, will become clearer only once public users begin testing it.

In summary, Musk is pushing X from social network to multipurpose platform, with X Money positioned as a core payments layer that will emerge gradually from internal trials into a limited external beta over the coming months.

Investor nerves intensified ahead of the next coinbase stock update, as Wall Street reassessed expectations while crypto markets stayed under pressure.

Coinbase shares drop ahead of earnings

Coinbase shares slid on Wednesday, falling about 6% in the session and trading near $152. However, the weakness has been building for months, with the stock now down roughly 34% since January. The move came as investors positioned ahead of the latest Coinbase earnings report due on Thursday.

Wall Street desks highlighted that traders are closely tracking transaction revenue, since it typically follows crypto trading volumes. Moreover, analysts pointed to weaker Bitcoin prices and softer stablecoin flows as near-term headwinds that could weigh on top-line momentum.

At the same time, Coinbase faces questions over insider activity. VanEck‘s head of digital assets research, Matthew Sigel, noted that CEO Brian Armstrong continued to sell shares from April 2025 to January 2026. He estimated disposals of more than 1.5 million shares for about $550 million.

Sigel highlighted that the largest single transaction occurred on June 25, 2025, when 336,265 shares changed hands at $355.37 each. He also pointed to a later sale on January 5, 2026, involving 40,000 shares at a price of $254.92, underscoring how leadership has used prior rallies to trim holdings.

Banks cut targets but keep bullish stance

Despite the recent pullback, several major banks still hold constructive views on Coinbase, even as they lower their price targets. JPMorgan reduced its year-end target for the shares to $290 from $399, citing reduced trading activity and a shrinking stablecoin supply. That said, the firm maintained its buy rating, signaling confidence in the long-term franchise.

Cantor Fitzgerald also revised expectations, trimming its target to $221 from $277 while keeping a positive stance. Moreover, Citi cut its own target to $400 from $505, but it too reiterated a buy rating. Analysts across the group flagged intensifying competition from overseas exchanges seeking U.S. listings as another structural challenge.

The shift in targets reflects a more cautious view on trading volumes and fee capture in the near term. However, banks still see upside potential if market conditions stabilize and retail and institutional activity recover from current subdued levels.

Bitcoin pullback and stablecoin flows under scrutiny

The latest slide in Coinbase shares has closely tracked a broader retreat across digital assets. Over the past month, Bitcoin has fallen about 27%, trading near $67,000. This bitcoin price decline has cooled speculative appetite and narrowed spreads, pressuring revenue for trading platforms.

Analysts tied their revised estimates to softer market prices and weaker transaction demand across spot and derivatives markets. Moreover, they highlighted a lower stablecoin supply and subdued stablecoin flow trends, which together suggest reduced on-chain activity and funding liquidity.

Because Coinbase earns a significant portion of its revenue from trading, volumes usually move in tandem with wider crypto market swings. That link can amplify transaction revenue pressure around earnings dates when both prices and volumes drift lower, leaving investors more sensitive to guidance and commentary.

Previous results frame expectations for the new report

Market participants will benchmark the upcoming results against a strong prior-period performance. In the third quarter last year, Coinbase reported transaction revenue above $1 billion. The company also delivered earnings per share of $1.44, beating a consensus forecast of $1.09.

For the fourth quarter of 2025, analysts now project earnings per share of about $1.05. However, investors will pay as much attention to management commentary on trading volumes, fee levels, and stablecoin dynamics as to the headline numbers. The next coinbase stock update could therefore set the tone for how the market values the broader crypto exchange stocks segment.

The latest round of target cuts arrived just before the company issues its new figures and outlook. In the near term, sentiment around Coinbase will likely hinge on whether management can reassure investors about demand trends and competitive positioning while crypto markets remain volatile.

In summary, the stock’s 34% slide since January, combined with lower price targets and a 27% Bitcoin retreat, has sharpened focus on earnings, trading volumes, and stablecoin-related metrics as key drivers for the next phase.

At Consensus Hong Kong, a BlackRock executive argued that a modest blackrock crypto exposure across Asia’s vast household wealth could have outsized market effects.

How a 1% crypto allocation in Asia adds up to $2 trillion

Speaking on a panel in Hong Kong, Nicholas Peach of BlackRock outlined an allocation scenario that captured the audience’s attention. He said that if advisers across Asia recommended a 1% crypto sleeve in client portfolios, that shift could translate into almost $2 trillion in new inflows.

Peach tied this estimate directly to regional wealth data. He put total household assets in Asia at about $108 trillion, a figure he described as a broad regional total. In that context, even a seemingly minor one percentage point move in portfolios could become a powerful driver of crypto demand.

He explained that advisers typically rely on model portfolios and then apply only modest tilts. However, in that framework, he said that “a 1% allocation” could result in “nearly $2 trillion” of potential demand if implemented widely. Peach emphasized that this was a thought experiment rather than a formal forecast.

That said, he stressed that actual flows would depend on two main factors. First, investors need access to suitable products. Second, advisers must decide how to frame crypto risk within their broader client conversations, including suitability assessments.

IBIT and the role of U.S.-listed crypto ETFs

To illustrate current appetite for regulated structures, Peach pointed to the rapid growth of exchange traded funds tied to digital assets. He highlighted BlackRock’s U.S. spot Bitcoin ETF, the iShares Bitcoin Trust, which trades under the ticker IBIT.

Launched in January 2024, IBIT has expanded quickly and now sits near $53 billion in assets under management. Moreover, according to the same CoinDesk report, investors from Asia already contribute meaningfully to flows into U.S.-listed crypto ETFs, underscoring cross-border demand.

Market participants have tracked these spot bitcoin ETF flows closely because they route demand through standard brokerage accounts. Peach noted that this structure integrates cleanly with traditional portfolio tools that advisers already use, from risk models to asset allocation dashboards.

However, the ETF wrapper also matters for a more practical reason. It simplifies custody decisions for both institutions and wealth platforms, which often prefer holding regulated fund units rather than directly managing private keys or on-chain transfers.

BlackRock’s broader asset base and strategic context

Peach’s comments came as BlackRock continues to set records in its core business. The firm entered 2026 with about $14.04 trillion in firmwide assets under management, according to a Reuters report following its fourth quarter update.

ETFs drove a large portion of those net inflows, reinforcing why the firm is paying close attention to digital asset fund structures. That said, the discussion in Hong Kong did not focus on any specific blackrock crypto holdings or a detailed blackrock crypto investments list, but rather on portfolio mechanics.

Peach framed IBIT and similar products as tools that can sit within ordinary wealth management processes. He said model portfolios, risk bands, and capped allocations for higher risk segments can all accommodate a modest crypto sleeve if platforms choose to include it.

Asian regulatory moves on crypto ETFs

The panel also addressed the regulatory backdrop in Asia. The comments landed as several markets across the region review or expand their rules for crypto funds and ETF listings, which could eventually influence asian investor etf demand.

Reports have focused on Hong Kong, Japan, and South Korea, where policymakers are weighing broader crypto ETF offerings. However, the steps differ by jurisdiction and by regulator, with some markets moving faster on listing rules and others concentrating on custody standards.

Despite these differences, there is a common thread. Authorities are generally pushing for clearer listing requirements, custody frameworks, and disclosure obligations. That approach matters for institutions, because many firms can only participate via regulated vehicles that meet strict compliance criteria.

Hong Kong has already hosted crypto ETF listings, giving the region a live case study in how such products trade and attract flows. Moreover, other jurisdictions are still debating next steps and consulting market participants, so policy changes often unfold in phases rather than in a single announcement.

Fund issuers, in turn, tend to wait for final rule text before launching new products. That said, expectations around upcoming crypto ETF regulatory changes continue to shape how providers allocate resources and prepare their pipelines.

Adviser practices, suitability, and risk language

Conversation in Hong Kong extended beyond rules to the practical realities of wealth management. Panelists discussed adviser training, internal guidelines, and how suitability checks intersect with digital assets when firms consider a new adviser crypto allocation guide.

Wealth managers in many Asian markets require clients to complete risk questionnaires before accessing higher risk products. Moreover, platforms frequently set explicit caps or model-based limits for volatile asset classes, including crypto-linked funds, to keep overall risk within policy ranges.

These guardrails influence whether the scenario that Peach described can materialize. If advisers and compliance teams view a 1% crypto sleeve as broadly acceptable for a segment of clients, implementation could be widespread. However, stricter internal limits or negative risk assessments could hold back adoption despite investor curiosity.

Against that backdrop, Peach argued that adviser guidance and product access will ultimately determine whether the blackrock crypto scenario of a 1% shift toward digital assets becomes a common feature of Asian portfolios.

Bitcoin market backdrop and BlackRock leadership views

The discussion also unfolded against a shifting bitcoin price environment. Bitcoin Magazine reported the coin trading near $68,000 after a drop from late 2025 highs, followed by a rebound once the weekly RSI moved into oversold territory.

Larry Fink, CEO of BlackRock, has spoken publicly about bitcoin while adopting a cautious tone. He described bitcoin as an “asset of fear” and suggested it can function as a hedge for some investors, especially in periods of macro uncertainty.

However, Fink also warned that bitcoin remains volatile and that leverage can intensify short term price swings. He said short term trading is difficult and that timing matters for those who treat bitcoin as a pure trade rather than a long term allocation.

Peach’s panel remarks, by contrast, largely avoided making any price calls. Instead, they concentrated on how portfolio construction, adviser behaviour, and access to regulated products could translate Asia’s household wealth into measurable flows if even a 1% allocation becomes standard.

In summary, the Hong Kong discussion framed Asia’s massive household assets, evolving ETF rules, and BlackRock’s growing ETF footprint as key ingredients for future crypto inflows, with adviser decisions likely to determine whether theoretical allocation math turns into real capital.

The UAE is stepping up its digital finance ambitions as a new aed stablecoin gains regulatory approval and goes live on local blockchain infrastructure.

DDSC AED stablecoin by First Abu Dhabi Bank goes live

The Central Bank of the UAE has formally approved First Abu Dhabi Bank‘s DDSC, an AED-pegged stablecoin now live on ADI Chain, the Layer 2 blockchain built by the ADI Foundation. Moreover, this launch on a dedicated institutional network underscores the country’s push toward blockchain-based financial infrastructure in 2024.

The announcement came jointly from IHC, Sirius International Holding, and First Abu Dhabi Bank. The new token will be deployed across institutions and government entities for payments and collections, settlements, treasury operations, trade and supply chain flows, and programmable financial services tailored to regulated entities.

According to the partners, DDSC will be rolled out to FAB customers through multiple approved platforms. However, the focus will remain on institutional and government-grade use cases rather than retail speculation, positioning the asset as core plumbing for the UAE’s financial system.

Strategic role of DDSC in regulated digital payments

Syed Basar Shueb, CEO of IHC, described the launch of DDSC as a defining milestone in the UAE’s digital finance journey. In his view, the stablecoin expands what is possible in regulated digital payments by anchoring innovation to a dirham-backed, supervised asset.

Project stakeholders emphasize that, as a UAE dirham-backed programmable token, DDSC aims to modernize payments, settlement, and treasury workflows. Moreover, the design targets secure, automated value transfer, including potential future machine-to-machine transactions and trade between AI agents as an autonomous economy emerges.

Futoon Hamdan AlMazrouei, Group Head of Personal, Business, Wealth, and Privileged Client Banking Group at First Abu Dhabi Bank (FAB), said stablecoins can be integrated responsibly into the financial system when built to meet rigorous regulatory and risk standards. That said, she stressed that FAB’s role is to pair strict oversight with modern blockchain rails.

AlMazrouei added that, as the UAE’s global bank, FAB is enabling DDSC to combine regulatory supervision with blockchain infrastructure. This approach aims to deliver secure, scalable solutions that support institutional and government clients across the UAE’s evolving digital economy.

Integration with ADI Chain and institutional infrastructure

ADI CEO Andrey Lazorenko confirmed that the DDSC AED stablecoin is now fully live and operating on the ADI Chain. He argued this is proof that ADI’s infrastructure is designed for real economies, real institutions, and real utility, not just experimental pilots.

With two leading institutions, IHC and First Abu Dhabi Bank, driving the initiative under the oversight of the Central Bank of the UAE, the ddsc aed stablecoin is now running on compliant, sovereign-grade rails. Moreover, this positioning aligns ADI Chain as an institutional network tailored to regulated finance rather than open retail speculation.

The ADI Chain implementation also highlights the rise of institutional blockchain payments in the Gulf region. However, specific technical details like throughput, interoperability, and governance have not yet been disclosed publicly, leaving room for future updates from ADI and its partners.

The broader landscape of AED stablecoin approvals

The aed stablecoin approved for DDSC joins a growing list of dirham-pegged tokens sanctioned by the Central Bank of the UAE. The first such asset to secure approval was AECoin, launched by Al Maryah Community Bank, widely known as Mbank, marking an early move into tokenized dirham liquidity.

Alongside AECoin, Zand Bank has obtained a license for AEDZ, described as the UAE’s first regulated multi-chain AED-backed stablecoin operating on public blockchains. Moreover, this multi-chain design signals a willingness to bridge institutional use with broader Web3 ecosystems.

Recently, the Central Bank of the UAE approved the USD-backed stablecoin USDU as a foreign payment token. Universal Digital Intl Limited (“Universal”), regulated by the Financial Services Regulatory Authority (“FSRA”) of Abu Dhabi Global Market (“ADGM”), is the issuer behind this token framework.

Universal has launched both a fiat reference token for professional clients and a foreign payment token issuer structure with the Central Bank of the UAE. The fully USD-backed stablecoin USDU, registered as a foreign payment token, can be used for domestic payment involving digital assets and digital asset derivatives.

In parallel, RAK Bank has received in-principle approval for its own AED-pegged stablecoin, further expanding the pipeline of dirham-based digital currencies. However, a full launch will depend on final regulatory clearances and technical implementation details.

Tether’s announced AED stablecoin and open questions

In 2024, Tether was the first major global stablecoin issuer to announce plans for an AED-linked asset on the TON Network. That said, despite the early announcement, no actual product launch has materialized so far from this initiative.

This gap between announcement and deployment contrasts with the UAE’s domestically driven projects, which already have concrete regulatory backing. Moreover, local banks and institutions appear to be taking the lead in building dirham-based infrastructure with clear uae central bank approval, instead of waiting for offshore issuers.

Together, these developments highlight a strategic shift in the UAE toward domestically anchored, fully regulated digital currencies. In summary, the rollout of DDSC and other AED-pegged tokens shows the country is rapidly building a compliant, blockchain-enabled payments ecosystem around its national currency.

The current backdrop shows a heavy daily downtrend but also early signs of short-term stabilization for the Binance coin price around the $610–$615 area.

BNB/USDT — daily chart with candlesticks, EMA20/EMA50 and volume.

Binance Coin Price: A Brutal Daily Downtrend Meets Short-Term Stabilization

The Binance coin price (BNBUSDT) is trapped in a classic post-washout phase: the daily chart is heavily oversold and trending down, while intraday traders are quietly probing for a bounce around $610–$615. This matters because we are at the point where trends either extend into a capitulation leg or shift into a multi-week mean-reversion rally.

The dominant force right now is a strong daily downtrend with sentiment pinned at Extreme Fear (fear & greed index: 5). BTC dominance is high (around 56.5%), which usually means capital is defensive and clustered in bitcoin and major stables. In that environment, altcoins like BNB tend to lag and any bounce is guilty until proven otherwise.

On balance, the main scenario is bearish on the daily timeframe, with short-term (1H) price action moving into a neutral-to-slightly-constructive stance.

Daily Timeframe (D1): Strong Downtrend, Heavy Oversold, No Confirmed Reversal

Trend Structure & EMAs (D1)

Price vs EMAs:
BNB is trading around $611.81, far below the key daily EMAs:

EMA 20: $720.39

EMA 50: $803.68

EMA 200: $856.71

Takeaway: Price is deeply below all major daily moving averages, with a clear bearish stack (price < 20 < 50 < 200). This is not just a downtrend; it is a mature, extended one. The distance from the 20-day EMA is wide enough to justify a relief rally. However, as long as BNB stays beneath roughly $720–$730, the broader structure remains decisively bearish.

RSI (D1)

RSI 14 (D1): 24.31
Takeaway: The daily RSI is deep in oversold territory. That often precedes short-term bounces or consolidation phases, but by itself it does not flip the trend. Right now, it mostly tells us that fresh shorts are late to the party. The easy downside portion of this leg has likely passed, but the market has not signaled any real demand yet.

MACD (D1)

MACD line: -72.89 • Signal: -60.18 • Histogram: -12.71
Takeaway: MACD is firmly negative with the line below the signal and the histogram still red. Momentum remains bearish, and we do not yet have the classic tell of a daily momentum reversal. There is no bullish cross and no sustained shrinking of the negative histogram. The selling pressure may be slowing somewhat, but the indicator still backs the dominant downtrend.

Bollinger Bands (D1)

BB mid: $747.79 • Upper: $969.23 • Lower: $526.36
Price: $611.81, sitting in the lower band region.
Takeaway: BNB is trading well below the middle band and closer to the lower band, consistent with a trend move lower rather than a simple sideways chop. There is room for price to test down into the low-$500s if selling escalates. That said, being this far below the mid-band also opens the door for a snapback toward $700+ if bears lose momentum.

ATR (D1)

ATR 14 (D1): $52.66
Takeaway: Daily volatility is elevated, with typical swings of roughly $50–$55 around current levels. That is material for position sizing. A trader trying to work with tight daily stops within 1–2% of spot will likely be whipsawed. The market is moving too much day-to-day for microscopic risk parameters.

Daily Pivot Levels (D1)

Pivot Point: $612.72
R1: $617.34 • S1: $607.20
Takeaway: Price is hovering right around the daily pivot area (about $612), with a relatively tight R1/S1 band. This tells you today’s battle line is basically where we are trading right now. A sustained hold above roughly $617 during the daily session would lean slightly in favor of a bounce. However, a firm break below about $607 would reopen room for another leg lower.

Daily Regime: explicitly tagged as bearish in the model, which aligns with the EMA stack and MACD but conflicts a bit with the deeply oversold RSI. That indicator is quietly hinting at mean reversion risk for shorts.

1-Hour Timeframe (H1): Short-Term Stabilization Inside a Macro Downtrend

On the hourly chart, the tone is more balanced. The model flags the regime as neutral, which is what you would expect when a strong daily trend pauses for breath.

Trend & EMAs (H1)

Price: $611.62
EMA 20: $610.87 • EMA 50: $614.13 • EMA 200: $656.23
Takeaway: On this timeframe, price is riding close to the 20 and 50 EMAs, slightly below the 50 but marginally above the 20. This is what a short-term basing or consolidation zone looks like after a heavy drop. However, the 200 EMA at around $656 is far above, keeping the medium-term structure bearish. Intraday, bulls have started to contest control, but they are still operating under a large overhead trend cap.

RSI (H1)

RSI 14 (H1): 51.13
Takeaway: RSI is near the middle of the range, showing neither strong buying nor strong selling intraday. This aligns with a market that is catching its breath. It is not capitulating, not ripping, just digesting prior losses. It is a clean, neutral backdrop from which either a bounce or a fresh push down can launch.

MACD (H1)

MACD line: 1.45 • Signal: 0.34 • Histogram: 1.11
Takeaway: The MACD on 1H has turned mildly positive, hinting that short-term momentum has shifted from outright selling to a tentative upward bias. It is not strong enough to claim a trend reversal, but it does show that bears no longer have total control of the intraday tape.

Bollinger Bands (H1)

BB mid: $608.62 • Upper: $622.88 • Lower: $594.35
Price: $611.62, trading just above the mid-band.
Takeaway: Price is slightly above the middle band, leaning toward the upper half of the range. That is consistent with a mild bullish intraday skew within a broader downtrend. As long as BNB holds above about $608, intraday participants can reasonably talk about a controlled consolidation rather than an ongoing flush.

ATR (H1)

ATR 14 (H1): $4.87
Takeaway: Hourly swings of roughly $5 per candle are normal right now. For short-term traders, that sets a practical minimum on stop distances. Anything much tighter risks getting clipped by ordinary noise.

Hourly Pivot Levels (H1)

Pivot Point: $612.84
R1: $614.82 • S1: $609.63
Takeaway: Price is sitting fractionally below the hourly pivot. The intraday tug-of-war is concentrated between roughly $610–$615. A clear push and hold over $615 on 1H closes would give the bounce narrative more credibility. However, repeated rejections there, followed by a break under $610, would suggest the market is preparing another leg lower.

15-Minute Timeframe (M15): Execution Zone, No Clear Edge Yet

The 15-minute chart is best treated as an execution lens, not a source of macro bias. The regime here is also tagged as neutral.

Trend & EMAs (M15)

Price: $611.62
EMA 20: $614.05 • EMA 50: $612.28 • EMA 200: $614.06
Takeaway: On the very short term, price is slightly below the 20 and 200 EMAs and just under the 50 EMA. The cluster of EMAs around $612–$614 shows a tight local equilibrium where neither side has a strong intraday edge. For scalpers, the break away from this cluster often marks the next impulse move, up or down.

RSI (M15)

RSI 14 (M15): 43.84
Takeaway: Short-term RSI is modestly below neutral, which leans slightly bearish but is not an extreme reading. It lines up with the idea that after a tiny intraday bounce, sellers are quietly testing the waters again.

MACD (M15)

MACD line: 0.03 • Signal: 0.72 • Histogram: -0.69
Takeaway: The MACD line has slipped below the signal on the 15-minute chart, with a negative histogram. Very short-term momentum is tilting back toward the downside. Combined with the slightly weak RSI, this warns that lower timeframes are starting to align with the overarching daily bearish bias again, even as the 1H remains relatively balanced.

Bollinger Bands (M15)

BB mid: $614.74 • Upper: $618.53 • Lower: $610.95
Price: $611.62, near the lower band.
Takeaway: Price has migrated toward the lower intraday band. That is consistent with an attempt to roll over in the very short term. If price starts closing below the lower band on this timeframe, it will often precede a shove down to clean out local liquidity pockets.

ATR & Pivot (M15)

ATR 14 (M15): $2.02
Pivot Point: $611.52 • R1: $612.19 • S1: $610.95
Takeaway: Micro swings are about $2 per 15-minute candle, with pivots packed tightly around the current price. For active traders, fades and breakouts around the $611–$612 area are where execution quality will make the difference.

Market Context: Defensive Capital, Extreme Fear

The broader crypto market cap sits around $2.37T, with a mild positive 24h change of +0.48%. BTC dominance at 56.5% shows capital crowding into bitcoin and away from higher-beta altcoins. The sentiment gauge is pinned at Extreme Fear (5), matching the technical picture of an oversold but distrustful market.

For BNB specifically, this means rallies will likely face profit-taking and skepticism until broader risk appetite returns. Even if BNB manages a technically driven bounce, it will be swimming upstream against a cautious macro backdrop.

Scenarios for Binance Coin Price (BNBUSDT)

Bullish Scenario

The bull case from here is a mean-reversion rally inside a larger downtrend.

Key elements:

Daily RSI recovers from the low-20s toward neutral (40–50), signaling that the worst of the immediate selling pressure has passed.

On the 1H chart, BNB holds above the pivot region (about $612–$615) and starts printing higher lows above $610.

Price reclaims and sustains above the 1H 50 EMA (around $614) and then grinds toward the 1H 200 EMA (near $656).

On D1, price starts to mean-revert toward the 20-day EMA around $720. That area becomes a natural first major upside target and resistance.

What would strengthen this scenario: a clear bullish cross and shrinking negative histogram on the daily MACD, combined with BNB closing multiple days back inside the lower half of the daily Bollinger channel (above roughly $650).

What invalidates the bullish case: a decisive breakdown below $600 on strong volume, with daily closes pressing toward or below the lower Bollinger band near the low-$500s. That would indicate the mean-reversion window has closed and the market has chosen another leg down instead.

Bearish Scenario (Main Scenario)

The base case, given the daily regime and structure, is that BNB remains in a bearish macro phase and is currently only pausing before either grinding lower or accelerating into a capitulation spike.

Key elements:

Daily price stays trapped beneath the 20-day EMA (around $720), confirming that any rallies are being sold into.

The short-term bounce attempts around $610–$615 fail, with 1H and 15m charts starting to trend lower together, showing lower highs below about $615.

MACD on lower timeframes (15m and then 1H) rolls over more decisively, aligning with the already negative daily MACD.

Price pushes through and closes below immediate supports around $607–$600, opening the path toward the daily lower Bollinger region around $530–$550.

What would strengthen this scenario: daily RSI staying depressed (sub-30) despite minor bounces, combined with an expanding negative daily MACD histogram and a refusal of price to reclaim even the 1H 200 EMA (near $656).

What invalidates the bearish case: a sustained reclaim of the daily 20 EMA (roughly $720+) coupled with improving daily momentum. That would mean MACD crossing higher and RSI breaking back above about 45–50. If BNB manages to close above that zone and hold it, the market would be signaling the end of the current downtrend leg and the start of a more meaningful repair phase.

Positioning, Risk, and How to Read This Tape

The Binance coin price is in a structurally bearish daily trend, but it is now so stretched and oversold that short-term plays become more about timing than about direction. Chasing new shorts purely off the daily chart is late. The better opportunities on the short side typically come after failed bounces into resistance, for example rejections between about $650–$720, not at the tail end of an already steep leg.

For bullish traders, the risk is assuming that oversold automatically means bottom. It often does not. In this kind of backdrop, the healthier upside trades usually wait for confirmation: higher lows on the 1H, a clean reclaim of intraday moving averages, and early signs of life on daily momentum, not just a single green candle off support.

Volatility is high on the daily (ATR in the $50s) and still meaningful intraday. Sizing and stop placement should reflect the reality that $20–$50 swings can occur without changing the bigger picture. The current tape rewards patience, flexibility, and respect for the dominant daily downtrend, while keeping an eye open for the first credible signs that mean reversion is finally starting to bite back into this market.

The broader crypto market is gripped by extreme fear, and this backdrop is shaping Tron crypto today as TRXUSDT tests a delicate equilibrium around a key daily pivot.

TRX/USDT — daily chart with candlesticks, EMA20/EMA50 and volume.

Tron crypto today: where TRXUSDT really stands

Tron (TRXUSDT) today is pinned around $0.28, sitting right on its daily pivot with the broader crypto market in extreme fear and Bitcoin still dominating over 56% of total cap. In other words, this is not a euphoric bounce – it is a market trying to decide whether the recent washout is done or only halfway through.

On the daily chart, TRX is still in a bearish regime, trading below its key moving averages and under mild downside pressure. Short-term intraday action (1H and 15m) shows some recovery and constructive momentum, but that is happening inside a larger, tired downtrend. This is what late-stage corrections often look like: price stabilises, volatility compresses, and then the next leg – up or down – becomes explosive.

Right now, the dominant force is not Tron-specific news, it is macro crypto risk sentiment. With fear at extremes and funds still flowing into ETFs despite a broader selloff, any shift in Bitcoin‘s tone will spill straight into TRX. Tron also remains a meaningful player in DeFi via SUNSwap, but that activity mostly speaks to network stickiness, not immediate price direction.

Main scenario from the daily chart: still bearish, but losing momentum

The daily timeframe (D1) sets the macro bias, and it is bearish:

Price: $0.28, below the 50- and 200-day EMAs and hugging the lower half of its Bollinger structure.

Momentum: weak but not capitulatory, suggesting more of a grinding downtrend than a panic crash.

However, this bearish bias is softening. Intraday timeframes are starting to lean bullish while the daily shows early signs of exhaustion rather than fresh aggression from sellers. That tension is exactly what you want to pay attention to over the next few sessions.

Daily timeframe (D1): structure, trend, and key levels

EMAs (trend structure)

Price: $0.28

EMA 20: $0.28

EMA 50: $0.29

EMA 200: $0.30

Price is stuck right on the 20-day EMA while still below the 50 and 200. The short-term mean has caught up with price, but the medium- and long-term trend remain above and declining.

In plain terms, the sharp part of the drop seems to have cooled off, but the broader trend is still down. Bulls are no longer getting steamrolled, but they are not in control either. For the trend to genuinely flip, TRX needs to push back above the 50-day EMA (around $0.29) and hold there. Otherwise this is just another pause in a larger downtrend.

RSI 14 (momentum)

RSI (14-day): 40.63

Daily RSI hanging around 40 tells you this is weak, but not oversold. Sellers have the upper hand, but they are not pressing hard enough to create a classic rubber-band oversold bounce.

Practically, that means two things:

There is room for another leg down before genuine exhaustion kicks in.

Any bounce from here is more likely a technical mean-reversion than the start of a full-blown trend reversal, unless it is backed by a meaningful shift in structure with higher highs and higher lows on daily.

MACD (trend momentum)

MACD line: -0.01

Signal line: 0.00

Histogram: ~0.00 (flat)

Daily MACD is slightly negative and effectively flat. That is what a market looks like after a decent trend move that has lost energy but has not reversed yet.

This kind of MACD behaviour usually means:

The prior bearish impulse is cooling, not accelerating.

The market is in decision mode: either base and turn, or roll over again from a lower volatility state.

You do not have a clean buy or sell trigger here. It is background confirmation that the dominant downtrend is tired, but still intact.

Bollinger Bands (volatility and positioning)

Middle band (20-day basis): $0.29

Upper band: $0.30

Lower band: $0.27

Price: $0.28 (between mid and lower band, but nearer the lower half of the range)

Tron is trading in the lower half of its daily Bollinger envelope with bands relatively tight. Volatility has compressed after the selloff; price is not hugging the lower band, but it is far from reclaiming the midline.

This typically precedes one of two outcomes:

A volatility expansion lower if sellers reassert and push TRX back toward $0.27 and below.

A relief squeeze toward the middle or upper band (roughly $0.29–0.30) if buyers can defend this congestion zone.

The key takeaway is that this is a coil, not a trend day. The next expansion in volatility is where the real opportunity appears, while direction still needs confirmation.

ATR 14 (risk and volatility)

ATR (14-day): $0.01

A daily ATR around $0.01 on a $0.28 asset means typical swings are in the 3–4% intraday range. That is relatively calm by crypto standards.

For traders, this implies two things:

Position sizing cannot be lazy, as a 3–4% daily move can still knock out tight stops quite easily.

If ATR starts to spike from here while price breaks the range ($0.27–0.30), expect fast follow-through in whichever direction wins.

Daily pivot levels

Pivot point (PP): $0.28

R1: $0.28

S1: $0.28

The automated pivots are essentially flat at $0.28, which is where price is trading. That tells you the market is right on a short-term equilibrium level, a balance point between buyers and sellers.

In practical trading terms, that means moves away from $0.28 that hold and build volume will matter far more than usual. Whichever side wins this tug-of-war around the pivot is likely to define the next 5–10% swing.

Intraday picture: 1H neutral, 15m leaning bullish

1-hour chart (H1): early recovery, but not a trend yet

Price: $0.28

EMA 20 / 50 / 200: all clustered around $0.28

RSI (14-hour): 64.42

MACD: flat around 0

Bollinger mid / upper / lower: $0.28 / $0.28 / $0.27

ATR (14-hour): ~0 (extremely low short-term volatility)

Regime: Neutral

On H1, all key EMAs are stacked on top of each other at the same price, which is classic short-term balance. The recent intraday move has pulled RSI up into the 60s, indicating that bulls have had the momentum over the last several hours.

However, with MACD flat and ATR essentially zero, this is less a strong uptrend and more a gentle drift higher inside a tight range. Price is coiling intraday just as it is on the daily, but with a slightly bullish tilt.

15-minute chart (M15): execution context

Price: $0.28

EMA 20 / 50 / 200: all around $0.28

RSI (14-period): 57.35

MACD: flat near 0

Bollinger bands: essentially collapsed at $0.28

Regime: Bullish

The 15-minute chart is labelled bullish, but the reality is more nuanced. Price is grinding upward inside a very tight band, not exploding. RSI in the high-50s supports that story, as momentum is positive but not euphoric.

For execution, this timeframe suggests that shorting blindly into $0.28 without confirmation is risky, but chasing here also offers limited edge until volatility reappears.

Market context: fear, dominance, and Tron’s niche

BTC dominance: about 56.6% – capital is hiding in Bitcoin and majors; altcoin beta like TRX will move with risk appetite swings.

Total crypto market cap: roughly $2.37T, up modestly in 24 hours – a mild recovery, not a roaring bull.

Fear and Greed Index: 5 – Extreme Fear. This usually appears nearer the late stages of a selloff, but it does not mark the exact bottom by itself.

DeFi on Tron (SUNSwap): strong fee base, recent one-day fee spikes on SUNSwap V2 and V3. This shows ongoing on-chain activity and trading interest, which is supportive structurally, but it does not override macro risk flows.

Put together, Tron is not collapsing in isolation. It is trading as part of a risk-off, fear-dominated crypto environment with some stabilisation showing up. That makes it more vulnerable to another leg down if Bitcoin wobbles again, but it also means any broad crypto relief rally should see Tron participate.

Scenarios for Tron crypto today

Bullish scenario for TRXUSDT

The bullish path from here is a mean-reversion and then trend-repair story.

What the bulls want to see:

Hold the $0.27–0.28 area on daily closes.

This zone is near the lower Bollinger band and the current pivot. Losing it decisively would re-energise the bearish trend.

Push price back above the daily middle Bollinger band and EMA 50 (around $0.29) and sustain it.

A daily close above $0.29, with RSI pushing back toward 50–55 and MACD flattening toward zero or crossing up, would signal that the correction is transitioning into a base.

Volatility expansion to the upside.

ATR cannot stay this low forever. A rising ATR coupled with higher highs and higher lows intraday would suggest fresh participation on the buy side, rather than just passive short covering.

If this bullish script plays out, a reasonable first upside area lies around $0.30–0.31, where the upper daily Bollinger band and 200-day EMA zone are clustered. That is where the larger downtrend will be properly tested.

What would invalidate the bullish case?

A decisive daily close below $0.27, accompanied by RSI slipping toward the low-30s and MACD turning more negative. That would confirm the current pause was just a bear flag and open up room for a deeper slide.

Bearish scenario for TRXUSDT

The bearish scenario leans on the fact that the daily regime is still down and the market is gripped by extreme fear.

What the bears are looking for:

Failure to reclaim $0.29.

If Tron repeatedly rejects the EMA 20 and 50 zone and the middle Bollinger band (roughly $0.28–0.29), the bounce is more likely just mean-reversion inside a continuing downtrend.

Breakdown from the current tight range.

A push below $0.27 with an uptick in ATR and selling volume would signal the start of a new volatility leg lower.

Momentum staying weak.

Daily RSI staying pinned in the 35–45 zone during new lows is classic grinding bear behaviour. MACD staying south of zero and widening further would add weight to this.

In that case, the market could probe substantially lower levels, with downside air pockets forming because price has been so tightly coiled. Exact targets would depend on historical support zones not contained in this dataset. Structurally, another 5–10% down from here would be entirely in character for this setup.

What would invalidate the bearish case?

A clean daily reclaim and hold above $0.29–0.30, with the 20-day EMA crossing back toward the 50-day from below and RSI stabilising above 50. That would say the downtrend is no longer the path of least resistance.

Neutral or range-bound scenario

There is also a realistic middle path, where TRX chops sideways between $0.27 and $0.30 while the broader crypto market digests macro news and ETF flows.

Low ATR and flat MACD on daily already point toward a range-trading environment.

Intraday timeframes being mildly bullish inside a bearish daily context often translates into a sideways grind rather than an immediate reversal or breakdown.

This scenario favours short-term traders who are comfortable fading edges of the range and punishes directional over-confidence.

How to think about positioning in Tron crypto today

TRXUSDT right now is at a decision point rather than a clear trend phase. The daily chart is still pointing down, but shorter timeframes are leaning constructive, and volatility has been crushed. In these conditions, the balance of evidence matters.

Directional conviction should be conditional on how price behaves around the $0.27–0.29 zone. Moreover, volatility is likely to expand from here; whether that becomes a relief rally or another leg of the downtrend depends on the next break from this tight coil.

Risk is not gone just because candles are smaller. In fact, compressed ranges alongside extreme fear often precede the largest moves. For traders in Tron crypto today, the key is to respect the bearish daily bias while being open to the idea that a base might be forming, and to let the next expansion in price and ATR confirm which story the market chooses.

În ciuda volatilității intense a pieței și a unei corecții profunde în activele digitale, cripto din Hong Kong rămâne un punct focal pentru traderi și investitori care urmăresc următoarea mișcare a sectorului.

Scăderea Bitcoin adâncește stresul pe piețele globale

Piețele cripto sunt în prezent în dezordine, cu oscilații de preț acute și cărți de comenzi subțiate, ceea ce crește riscul pentru participanții din întreaga lume. Cu toate acestea, Bitcoin rămâne barometrul cheie, iar ultima sa scădere a stabilit tonul pentru sentimentul mai larg.

Începând de la 7:00 a.m. în Londra, joi, Bitcoin se afla în jurul valorii de 67.000 $, în scădere cu aproximativ 47% față de vârful din octombrie. În plus, această scădere abruptă a șters o parte semnificativă din câștigurile acumulate în timpul ultimei faze de creștere și a întărit îngrijorările cu privire la o posibilă colapsare a prețului bitcoin în rândul investitorilor mai prudenți.

Legiuitorii au intensificat supravegherea agendei de aplicare a legii criptomonedelor a SEC în timpul unei audieri de supraveghere aprinse care a plasat aplicarea legii criptomonedelor a SEC în centrul dezbaterii despre activele digitale din Washington.

Atkins a fost supus la întrebări cu privire la cazul suspendat Justin Sun

Președintele SEC, Paul Atkins, a fost supus unor întrebări dificile din partea democraților din Camera Reprezentanților cu privire la schimbarea posturii agenției față de cazurile majore de criptomonede, cu un accent deosebit pe fondatorul Tron, Justin Sun. În timpul audierii Comitetului pentru Servicii Financiare al Camerei de miercuri, membrii au cercetat de ce regulatorul a încetinit sau a abandonat mai multe acțiuni de mare profil în 2023.

Accredited real estate investors are being offered new access to institutional-quality industrial assets through the latest bluerock value exchange program in the 1031 market.

Details of the new DIP 7 industrial portfolio

Bluerock Value Exchange (BVEX) has launched BR Diversified Industrial Portfolio 7, DST (DIP 7), a new 1031 exchange and Delaware Statutory Trust program targeting approximately $60 million in equity from accredited investors. Announced in New York on Feb. 11, 2026, DIP 7 marks BVEX’s 45th individual DST program and its seventh consecutive industrial-focused strategy.

The new all-cash structure is designed as an unlevered DST, which can reduce refinancing risk for investors seeking tax-deferred exchange solutions. Moreover, it aims to appeal to those prioritizing capital preservation and predictable income over aggressive leverage.

DIP 7 consists of a four-state industrial portfolio spanning Alabama (AL), Florida (FL), Missouri (MO) and Virginia (VA). The offering aggregates five separate industrial properties totaling approximately 550,000 square feet, diversified across critical manufacturing, warehouse, distribution and industrial outdoor storage uses.

Tenant profile and lease structure

The properties are reported to be 100% leased to a mix of investment-grade and credit-rated tenants, including publicly traded and privately held companies with global and large national footprints. Moreover, the leases are structured as long-term triple net leases, which typically pass property operating costs to tenants and may support more stable net operating income for investors.

BVEX highlights that this tenant and lease profile is intended to provide steady, income-producing industrial assets within an institutional framework. That said, investors must still evaluate credit quality and lease duration as part of their own due diligence.

Market outlook and industrial sector positioning

According to Josh Hoffman, President of Bluerock Value Exchange, demand from 1031 investors for diversified industrial sector portfolios in high-growth markets has remained strong, particularly when offered in conservative, all-equity structures. He noted that the industrial segment is positioned for potential rent and NOI growth, supported by long-term manufacturing and distribution trends.

Hoffman stated that the firm seeks to preserve capital, deliver income stability and pursue high risk-adjusted returns over a moderate hold period through diversified industrial portfolios such as DIP 7. However, as with all real estate programs, future results will depend on execution, tenant performance and broader market conditions.

BVEX believes that BR Diversified Industrial Portfolio 7 DST represents an attractive opportunity due to its pre-assembled, diversified asset base in high-growth Sunbelt and industrial corridor locations. The DST is designed to provide investors with stable monthly cash flow, alongside the potential for capital appreciation over time.

Rent upside and location characteristics

The properties in DIP 7 are located along major transportation arterials, which can be critical for logistics, distribution and modern supply chain users. Moreover, the portfolio is positioned in what BVEX describes as desirable, high-growth Sunbelt markets and key industrial corridors, where occupier demand for industrial space has been elevated in recent years.

According to CoStar data cited by BVEX, in-place rents at the DIP 7 properties are substantially below current market rates, averaging approximately 25% under prevailing levels. That said, the realization of potential rent growth will depend on lease expirations, market conditions and the sponsor’s asset management strategy.

Bluerock Value Exchange background

With a 20-year track record, Bluerock Value Exchange operates as a national sponsor of syndicated 1031-exchange offerings focused on its Premier Exchange Properties program. The platform seeks to combine stable cash flows with potential value creation through institutional-quality real estate solutions tailored to exchange investors.

Over its history, Bluerock has structured 1031 exchanges totaling more than $3 billion in property value and approximately 15.5 million square feet of real estate. Moreover, the firm has built a presence across multiple U.S. regions, aiming to provide scale and diversification to its investor base.

Additional information on BVEX and its exchange offerings is available at bluerockexchange.com, where prospective investors can review program materials and eligibility criteria.

About Bluerock

Bluerock operates as an institutional alternative asset manager with more than $20 billion of acquired and managed assets. Headquartered in Manhattan, the firm maintains regional offices across the United States, supporting its diversified investment platform.

Bluerock principals collectively bring over 100 years of investing experience and more than $120 billion in real estate and capital markets transaction history. Moreover, they have contributed to the launch of multiple private and public company platforms spanning the alternative investment landscape.

Further details on Bluerock and its broader investment strategies can be found at bluerock.com, where the firm outlines its institutional capabilities and product offerings.

Overall, the DIP 7 launch underscores BVEX’s continued focus on unlevered, income-oriented industrial portfolios for 1031 exchange investors, targeting both current cash flow and longer-term value creation in growth markets.

In the current context of strong risk aversion, the Ethereum price today remains under bearish pressure, while the $1,900–$1,850 area emerges as a potential key reaction zone.

General Context: Risk-off Market and Extreme Fear

Crypto market cap down by approximately -3.1% in the last 24 hours.

Bitcoin Dominance over 56%: the flow remains concentrated on Bitcoin, with altcoins (including Ethereum) suffering more.

Fear & Greed Index at 11 (Extreme Fear): the sentiment is dire, many are selling late or are afraid to buy any rebound.

Operational Insight: In such a climate, rebounds are often used to lighten positions rather than to build long-term holdings. This makes any attempt to recover the Ethereum price today fragile.

Daily Timeframe (D1): Primary Trend Clearly Bearish

On the daily, Ethereum stands at $1,935.59, with a declared bearish regime. The main outlook is clearly bearish: we are below all key averages, momentum is declining, and volatility remains high.

Exponential Moving Averages (EMA): ETH Far from Any Dynamic Support

EMA 20: $2,364.91

EMA 50: $2,709.47

EMA 200: $3,111.66

Current price: $1,935.59 (well below all EMAs)

What it implies: the three averages are all high, far from the price, and in a bearish setup. This indicates two things:

The underlying trend is bearish, and not just since yesterday: the decline is structured.

The distance from the short-term (EMA 20) is wide. This increases the likelihood of short covering phases or technical rebounds, but as long as we remain below the EMA 20, control remains with the sellers.

RSI Daily: Oversold, but not yet capitulation

RSI 14: 28.25

What it implies: an RSI below 30 indicates that the bearish momentum is strong and the movement has been swift. It is an area where technical rebounds often appear, but it is not an automatic signal of reversal. With a market in extreme fear, the oversold condition can last longer than expected.

MACD Daily: selling pressure still present

MACD Line: -276.38

Signal: -244.70

Histogram: -31.68 (negative)

What it implies: both the line and the signal are in negative territory, with the histogram still red. This indicates that:

The bearish trend on the daily chart is still active.

There is still no clear exhaustion signal: the difference between the line and the signal is negative, so the market has not yet initiated a substantial recovery phase.

Daily Bollinger Bands: Price Heading Towards the Lower Band, But Not Yet Out of Control

Central band (mid): $2,440.29

Upper band (up): $3,249.20

Lower band (low): $1,631.38

Price: $1,935.59 (below the mid, above the lower band)

What it implies: the daily Ethereum chart shows a price sliding into the lower half of the channel, but it is still far from the lower band at $1,631. This means that:

Selling pressure dominates, as the price lingers far from the central band.

There is room, in case of panic, for an extension down to $1,700–$1,650, before encountering a statistically “extreme” area.

ATR Daily: high volatility, risk of range expansion

ATR 14: $226.44

What it implies: an average daily range of over $200 indicates that the value of Ethereum can move quickly. For those trading intraday or with leverage:

Stops that are too tight are easily wiped out.

Sizing the risk is crucial: it only takes 1–2 candles to move the price by 10% relative to the range.

Pivot Point Daily: $1,900–$2,000 is the battleground range

Pivot Point (PP): $1,966.64

Resistance R1: $2,001.26

Support S1: $1,900.97

What it implies: the price is slightly below the pivot, near the S1 range at approximately $1,900. This confirms that:

The $1,900–$1,920 zone is the first real level that buyers need to defend.

Above the pivot ($1,970–$2,000), the market might attempt a more structured rebound. Below S1, the bearish pressure easily reignites.

Timeframe H1: attempts at stabilization, but hourly trend still short

On the hourly chart, Ethereum is priced at $1,934.19, still in a bearish trend, but with initial signs of a slowdown in the downward movement.

EMA H1: price below all averages, but distance no longer extreme

EMA 20: $1,988.16

EMA 50: $2,022.21

EMA 200: $2,130.07

Price: $1,934.19

What it implies: the hourly trend is still set to bearish, with the price below all averages. However, the distance from the EMA 20 (approximately $50) is less extreme compared to the daily. This scenario suggests two insights:

Bounces towards $1,980–2,000 may be selling zones for trend followers.

Only a stable recovery above the EMA 20 H1 would begin to indicate a loss of strength in shorts in the short term.

RSI H1: still in the weakness zone

RSI 14: 25.52

What it implies: even on H1, Ethereum is crushed in oversold. Here, the operational reading is delicate:

For those entering against the trend, these are areas to look for rebound setups with great caution.

For those already short, the RSI being so low suggests avoiding opening new aggressive positions right here; it’s better to wait for a pullback.

MACD H1: weak, but with initial signs of slowing down

MACD Line: -26.06

Signal: -20.30

Histogram: -5.77 (negative but potentially decreasing)

What it implies: the MACD remains in negative territory, but the distance between the line and the signal is no longer extreme. This typically occurs when:

The speed of the decline decreases.

The market enters a phase of low consolidation, before deciding whether to rebound or break again.

Bollinger Bands H1: price resting on the lower band

Mid: $1,996.57

Up: $2,062.57

Low: $1,930.58

Price: $1,934.19 (near the lower band)

What it implies: the price hovers around the lower band, indicating persistent bearish pressure. However:

If we start seeing candles closing within the channel, away from the lower band, the probability of a rebound towards the average at $1,996 increases.

If, on the other hand, the closings remain pressed against the lower band, the market is still “unloading” positions.

ATR H1: wide hourly range, nervous context

ATR 14: $18.75

What it implies: an average range of nearly $20 per hourly candle is significant for those engaging in scalping or intraday trading. This means that:

Rapid movements can quickly invalidate entry levels.

It’s better to avoid over-leverage and calculate stops based on this range, not on arbitrary numbers.

Pivot H1: $1,928–$1,938 as a micro-balance zone

PP: $1,937.74

R1: $1,943.45

S1: $1,928.47

What it implies: the price is essentially in the hourly pivot zone. This tells us that, in the very short term:

The market is seeking a mini equilibrium between buyers and sellers.

A decisive break below $1,928 could reopen room for a decline. A stable recovery above $1,944 opens the door for testing $1,960–$1,980.

Timeframe 15m: micro-consolidation after the dump

On the 15-minute chart, Ethereum is priced at $1,933.98, still in a bearish trend, but showing initial signs of a decline stalling.

EMA 15m: short pressure, but the price attempts to stabilize below the averages

EMA 20: $1,952.78

EMA 50: $1,975.22

EMA 200: $2,024.62

Price: $1,933.98

What it implies: the price remains below all averages even on a 15-minute chart, but with narrower gaps compared to phases of pure panic selling. This is typical of a micro-distribution range where:

Shorts gradually take profit.

Buyers are beginning to attempt speculative entries, but they do not yet have control.

RSI 15m: slight oversold, room for a small rebound

RSI 14: 28.49

What it implies: an RSI below 30 even on a 15-minute chart confirms intraday weakness, but it is an area where short-term technical rebounds are often seen, even just $20–30, which can be exploited by fast traders.

MACD 15m: initial signs of a potential base

MACD Line: -12.24

Signal: -12.92

Histogram: +0.68 (slightly positive)

What it implies: here the snapshot is different from other timeframes:

The histogram has turned slightly positive, indicating that the short-term short pressure is easing.

This often precedes phases of intraday rebound or sideways movement, not necessarily a trend reversal.

Bollinger Bands 15m: price near the lower edge of the channel

Mid: $1,948.67

Up: $1,960.25

Low: $1,937.10

Price: $1,933.98 (slightly below the lower band)

What it implies: the price is practically glued to the lower band, with some “spillover” below. Such a configuration often generates:

Brief snapback towards the central band ($1,948–$1,950) if sellers ease their grip.

Or, in the event of a renewed panic impulse, a swift downward extension before a violent rebound.

ATR 15m: significant micro-volatility, watch out for spikes

ATR 14: $8.59

What it implies: a 15-minute candlestick that on average moves by almost $9 in an already tense environment means that:

Spikes of $15–20 in just a few minutes are not uncommon at all.

Exercise extreme caution with market orders and high leverage.

Pivot 15m: ultra-tight micro-range

PP: $1,936.05

R1: $1,938.38

S1: $1,931.66

What it implies: the price fluctuates within a very narrow trading range. For intraday traders:

Above $1,938–1,940, there could be room to move towards $1,950–1,960.

Below $1,932, the likelihood of quickly testing $1,920–$1,910 increases.

Main Scenario: Bearish Bias on Ethereum Today

Combining the timeframes, the picture is clear:

Daily: strongly bearish, price well below the averages.

H1: bearish, but with signs of a slowdown in the decline.

15m: attempting a micro-base, with a MACD starting to turn, but still within a context of general weakness.

The dominant force remains the bear trend. The positive signals in the very short term should be interpreted for what they are: potential technical rebounds in a still fragile market.

Bullish Scenario for Ethereum Today: Technical Rebound and Recovery to $2,000

To discuss a credible bullish scenario for Ethereum’s price today, a sequence of confirmations is needed, especially on H1 and 15-minute charts, with the idea of a technical rebound within a still bearish trend.

What Buyers Would Need

Maintain the 1,900–1,880$ area as an intraday base, defending the daily S1 at 1,900.97$.

Stable H1 closes above the pivot at $1,937–$1,940 and then above R1 H1 at $1,943–$1,950.

A gradual recovery towards the Bollinger mid H1 (~$1,997) and the EMA 20 H1 ($1,988–$2,000).

RSI H1 climbing back towards 40–50, indicating a reduction in short pressure.

If this materializes, the short-term bull scenario could open tests of:

$1,980–$2,000: initial profit-taking zone for those buying the rebound.

Potential extension towards $2,050–$2,100 only if the macro market (Bitcoin and total market cap) stops declining.

Levels That Invalidate the Bull Scenario

A decisive break below $1,880 with volume, accompanied by new H1 closes below S1 at $1,928.

RSI H1 remains stuck below 30 despite rebound attempts: a sign that every recovery is being sold off.

In that case, the rebound would turn into the classic dead cat bounce, and the structure would become fully bearish even in the short term.

Bearish Scenario for Ethereum Today: Extension Towards $1,850 and Beyond

The bearish scenario remains, for now, the primary one, given the daily structure.

What Sellers Would Need

Decisively lose the $1,900 area (S1 daily) with H1 and H4 closes below that level.

Keep the price consistently below the daily pivot at $1,966 and the H1 pivots at $1,938, turning every bounce into a selling opportunity.

RSI remains weak (below 40 on daily and H1), without significant bullish divergences.

In this scenario, the plausible bearish targets become:

$1,880–$1,850: initial psychological support and area where late long stops might concentrate.

In case of further stress, extensions towards $1,800–$1,750, with the daily lower band at $1,631 as a statistical extremity in the event of true panic selling.

Levels That Challenge the Bearish Scenario

A stable recovery above $2,000 with daily closes above the pivot at $1,966 and approaching the daily 20 EMA at $2,365.

Daily MACD that begins to visibly reduce the negative histogram, indicating that the bearish trend is losing momentum.

As long as we remain well below $2,000–$2,050, however, every rebound should still be interpreted within a downtrend context, not as a new bull run.

How to Interpret the Current Context of Ethereum’s Price Today

The overall picture is that of a market in full fear and liquidation phase, with Ethereum suffering more than Bitcoin. The daily imposes a bearish bias, while H1 and 15-minute charts suggest the possibility of technical rebounds or sideways phases around $1,900–$1,950.

For a trader, this means:

No scenario infatuations: the structure is short, but the risk of sharp rebounds is high, especially on lower timeframes.

Beware of false signals: in high ATR contexts, level breakouts (especially on the 15-minute chart) can quickly turn into fake breakouts and revert back into the range.

Manage risk before the idea: with this volatility, the difference between a successful idea and a losing trade is often just the position size and the stop placement.

In summary, the Ethereum price today reflects a market under pressure, with room for rebounds but still lacking solid signs of reversal. Those trading against the trend must be quick and disciplined; trend followers still have the advantage, but can no longer afford impulsive entries in a fully oversold condition.

Într-o actualizare majoră pentru traderii de retail, utilizatorii de Bitcoin ai Cash App vor beneficia acum de achiziții fără comision pentru comenzi mai mari și recurente, întărind focusul platformei pe cripto.

Cash App elimină comisioanele pentru achizițiile mari și recurente de Bitcoin

Cash App al lui Jack Dorsey a lansat o schimbare semnificativă pentru clienții săi cripto. Cu efect imediat, platforma elimină comisioanele pentru achizițiile de Bitcoin de peste $2,000 și pentru toate achizițiile recurente, făcând strategiile de acumulare pe termen lung mai eficiente din punct de vedere al costurilor pentru utilizatori.

Russia’s pressure on digital communication is reviving debate around censorship-resistant networks, where bitcoin hyper and other Bitcoin Layer 2 initiatives aim to expand decentralized finance and applications.

Russia’s clampdown on Telegram and the risk of centralization

Russian authorities are reportedly tightening their grip on Telegram, citing alleged breaches of local laws. The move reflects a broader global trend of governments asserting control over digital platforms and exposes the systemic vulnerabilities of centralized services.

When both communication and finance can be throttled by regulators, the need for censorship-resistant alternatives becomes harder to ignore. Moreover, it underlines why many in the crypto sector view Bitcoin as a foundational layer for an open financial system that is less exposed to unilateral state action.

Bitcoin, however, has long been constrained by its own design choices. As a settlement network, it offers strong security and decentralization, but users routinely face relatively slow transaction speeds, high fees in periods of congestion, and limited native support for complex on-chain applications.

Why Bitcoin’s limits are driving Layer 2 innovation

These structural trade-offs have created clear demand for infrastructure that is more programmable and fast while still anchored to Bitcoin’s security. As a result, a growing number of teams are building Bitcoin Layer 2 solutions that seek to unlock broader use cases on top of the base chain.

Several of these initiatives focus on enabling lending, trading, and other DeFi activities directly backed by BTC. However, the challenge is to maintain trust-minimized links to Bitcoin while delivering the low latency and throughput that modern decentralized applications require.

That said, innovation is increasingly focused on modular architectures. These aim to separate settlement, data availability, and execution, so that developers can deploy more advanced applications without overloading the main Bitcoin chain.

Bitcoin Hyper’s SVM-based approach to scaling Bitcoin

Bitcoin Hyper (HYPER), currently in a presale that has reportedly raised $31.3 million, positions itself as a Bitcoin Layer 2 integrated with the Solana Virtual Machine (SVM). The team says it uses a modular stack with Bitcoin L1 for settlement and a real-time SVM L2 for execution.

According to the project, this design aims to bring high speed smart contracts and dApps to the Bitcoin ecosystem while still inheriting Bitcoin’s security properties. Moreover, by leveraging an SVM environment, developers can tap into tooling and patterns already battle-tested on other high-throughput networks.

In its technical outline, the project emphasizes that the Layer 2 environment is optimized for rapid execution and scalability. However, final settlement of state and value is intended to anchor back to Bitcoin’s base layer, maintaining a link to BTC’s established security model.

The role of the Decentralized Canonical Bridge and wrapped BTC

Through a Decentralized Canonical Bridge, Bitcoin Hyper plans to let users port BTC from the main chain to its Layer 2 as wrapped BTC. This mechanism is designed to preserve exposure to Bitcoin while enabling faster and cheaper transactions.

Once on the L2, wrapped BTC is expected to power lower-cost payments, lending protocols, gaming experiences, and a wider range of DeFi applications. Moreover, the project argues that this approach can help align Bitcoin holders with the growing ecosystem of on-chain services without requiring them to exit their BTC positions.

That said, cross-chain bridges remain one of the most scrutinized components in crypto infrastructure. Security, decentralization of validators, and clear economic incentives will likely be decisive factors in whether such a bridge gains widespread adoption.

Presale momentum and whale interest in HYPER

The Bitcoin Hyper presale has reported raising $31.3 million, with tokens priced at $0.0136754 at the time of reporting. On-chain data indicates several large wallets have purchased significant amounts of HYPER tokens, including multiple individual transactions above $200,000 and several exceeding $1 million in aggregate.

This pattern suggests notable early institutional or so-called whale participation in the presale phase. Moreover, such activity often signals that some market participants are positioning for potential growth in Bitcoin-based DeFi and dApps that run on Layer 2 environments.

However, observers caution that the emerging field of Bitcoin L2s is becoming increasingly crowded. Execution quality, ecosystem development, and risk management will likely determine which projects manage to maintain traction beyond their initial funding rounds.

Staking incentives and competition among Bitcoin Layer 2s

The project has also announced high-APY staking that will be available after launch as a way to encourage long-term participation and network growth. According to public statements, these incentives are intended to reward early adopters who help secure and bootstrap the Layer 2 environment.

Moreover, staking programs often aim to cultivate a core community of users who are economically aligned with the protocol’s success. That said, sustainability of high yields depends on real network usage and fee generation rather than purely inflationary token emissions.

Analysts note that competition among Bitcoin-focused Layer 2 networks is intensifying, with multiple teams promising scalable execution, advanced programmability, and improved user experience. In this context, bitcoin hyper will likely be judged on its ability to deliver reliable infrastructure, attract developers, and maintain secure links to Bitcoin over time.

In summary, Russia’s tightening stance on Telegram underscores how vulnerable centralized platforms remain to regulatory pressure. Against this backdrop, Bitcoin-based Layer 2 projects such as Bitcoin Hyper are attempting to combine Bitcoin’s security with high-speed, programmable environments, betting that demand for censorship-resistant financial infrastructure will continue to grow.

Tendințele prognozei prețului Cardano au devenit centrul atenției pe baza unor date recente de la Glassnode, care arată că capitalizarea de piață a ADA a scăzut în ultimele zile de la mai mult de 10,6 miliarde de dolari la marca de 9,6 miliarde de dolari. În același timp, prețurile ADA s-au îndepărtat de marca de 0,30 dolari și s-au îndreptat spre intervalul de preț de 0,25 dolari.

Participanții de pe piață se concentrează acum pe dacă ADA reușește să se stabilizeze deasupra acestui punct sau dacă tendința descendentă se extinde de la acest nivel. Toate indicatorii tehnici, inclusiv cei pe intervale de timp mai mari și mai mici, arată o slăbire a momentului, cu prețul comprimându-se în jurul unei zone de cerere.

In the current context of strong risk aversion, the Ethereum price today remains under bearish pressure, while the $1,900–$1,850 area emerges as a potential key reaction zone.

General Context: Risk-Off Market and Extreme Fear

Crypto market cap down by approximately -3.1% in the last 24 hours.

Bitcoin Dominance over 56%: the flow remains concentrated on Bitcoin, with altcoins (including Ethereum) suffering more.

Fear & Greed Index at 11 (Extreme Fear): the sentiment is dire, many are selling late or are afraid to buy any rebound.

Operational Insight: In such a climate, rebounds are often used to lighten positions rather than to build long-term holdings. This makes any attempt to recover the Ethereum price today fragile.

Daily Timeframe (D1): Primary Trend Clearly Bearish

On the daily, Ethereum stands at $1,935.59, with a declared bearish regime. The main outlook is clearly bearish: we are below all key averages, momentum is declining, and volatility remains high.

Exponential Moving Averages (EMA): ETH far from any dynamic support

EMA 20: $2,364.91

EMA 50: $2,709.47

EMA 200: $3,111.66

Current Price: $1,935.59 (well below all EMAs)

What it implies: the three averages are all high, far from the price, and in a bearish setup. This indicates two things:

The underlying trend is bearish, and not just since yesterday: the decline is structured.

The distance from the short-term (EMA 20) is wide. This increases the likelihood of short covering phases or technical rebounds, but as long as we remain below the EMA 20, control remains with the sellers.

RSI Daily: Oversold, but Not Yet Capitulation

RSI 14: 28.25

What it implies: an RSI below 30 indicates that the bear momentum is strong and the movement has been swift. It is an area where technical rebounds often appear, but it is not an automatic reversal signal. In a market experiencing extreme fear, the oversold condition can last longer than expected.

MACD Daily: selling pressure still present

MACD Line: -276.38

Signal: -244.70

Histogram: -31.68 (negative)

What it implies: both the line and the signal are in negative territory, with the histogram still red. This indicates that:

The bear trend on the daily chart is still active.

There is still no clear exhaustion signal: the difference between the line and the signal is negative, indicating that the market has not yet initiated a substantial recovery phase.

Daily Bollinger Bands: Price Heading Towards the Lower Band, But Not Yet Out of Control

Central band (mid): $2,440.29

Upper band (up): $3,249.20

Lower band (low): $1,631.38

Price: $1,935.59 (below the mid, above the lower band)

What it implies: the daily Ethereum chart shows a price sliding into the lower half of the channel, but it is still far from the lower band at $1,631. This means that:

Selling pressure dominates, as the price remains far from the central band.

There is room, in case of panic, for an extension down to $1,700–$1,650, before encountering a statistically “extreme” area.

ATR Daily: high volatility, risk of range expansion

ATR 14: $226.44

What it implies: an average daily fluctuation of over $200 indicates that the value of Ethereum can shift rapidly. For those trading intraday or with leverage:

Stops that are too tight are easily wiped out.

Sizing the risk is crucial: it only takes 1–2 candles to move the price by 10% relative to the range.

Pivot Point Daily: $1,900–$2,000 is the battleground range

Pivot Point (PP): $1,966.64

Resistance R1: $2,001.26

Support S1: $1,900.97

What it implies: the price is slightly below the pivot, near the S1 range at approximately $1,900. This confirms that:

The $1,900–$1,920 zone is the first real level that buyers must defend.

Above the pivot ($1,970–$2,000), the market might attempt a more structured rebound. Below S1, the bearish pressure easily reignites.

Timeframe H1: Attempts at stabilization, but hourly trend still short

On the hourly chart, Ethereum is priced at $1,934.19, still in a bearish trend, but showing initial signs of a slowdown in the downward movement.

EMA H1: price below all averages, but distance no longer extreme

EMA 20: $1,988.16

EMA 50: $2,022.21

EMA 200: $2,130.07

Price: $1,934.19

What it implies: the hourly trend is still set downward, with the price below all averages. However, the distance from the EMA 20 (approximately $50) is less extreme compared to the daily. This scenario suggests two insights:

Bounces towards $1,980–2,000 may be selling areas for trend followers.

Only a stable recovery above the EMA 20 H1 would begin to indicate a loss of strength in shorts in the short term.

RSI H1: still in a zone of weakness

RSI 14: 25.52

What it implies: even on H1, Ethereum is crushed into oversold. Here, the operational reading is delicate:

For those entering against the trend, these are areas to look for rebound setups with great caution.

For those already short, the RSI being so low suggests avoiding opening new aggressive positions right here; it’s better to wait for a pullback.

MACD H1: weak, but with initial signs of slowing down

MACD Line: -26.06

Signal: -20.30

Histogram: -5.77 (negative but potentially decreasing)

What it implies: the MACD remains in negative territory, but the distance between the line and the signal is no longer extreme. This typically occurs when:

The speed of the decline decreases.

The market enters a phase of low consolidation, before deciding whether to rebound or break again.

Bollinger Bands H1: price resting on the lower band

Mid: $1,996.57

Up: $2,062.57

Low: $1,930.58

Price: $1,934.19 (near the lower band)

What it implies: the price hovers around the lower band, indicating consistent bearish pressure. However:

If we start seeing candles closing within the channel, away from the lower band, the probability of a rebound towards the average at $1,996 increases.

If, on the other hand, the closings remain pressed against the lower band, the market is still “unloading” positions.

ATR H1: Wide Hourly Range, Nervous Context

ATR 14: $18.75

What it implies: an average range of nearly $20 per hourly candle is significant for those engaging in scalping or intraday trading. This means that:

Rapid movements can quickly invalidate entry levels.

It’s better to avoid over-leverage and calculate stops based on this range, not on arbitrary numbers.

Pivot H1: $1,928–$1,938 as a micro-balance zone

PP: $1,937.74

R1: $1,943.45

S1: $1,928.47

What it implies: the price is essentially in the hourly pivot zone. This tells us that, in the very short term:

The market is seeking a mini equilibrium between buyers and sellers.

A decisive break below $1,928 could reopen room for a decline. A stable recovery above $1,944 opens the door for testing $1,960–$1,980.

Timeframe 15m: micro-consolidation after the dump

On the 15-minute chart, Ethereum is priced at $1,933.98, still in a bearish trend, but showing initial signs of a decline stalling.

EMA 15m: short pressure, but the price attempts to stabilize below the averages

EMA 20: $1,952.78

EMA 50: $1,975.22

EMA 200: $2,024.62

Price: $1,933.98

What it implies: the price remains below all averages even on a 15-minute chart, but with narrower gaps compared to phases of pure panic selling. This is typical of a micro-distribution range where:

Shorts gradually take profit.

Buyers are beginning to attempt speculative entries, but they do not yet have control.

RSI 15m: slight oversold, room for a small rebound

RSI 14: 28.49

What it implies: an RSI below 30 even on a 15-minute chart confirms intraday weakness, but it is an area where short-term technical rebounds are often seen, even just $20–30, which can be exploited by fast traders.

MACD 15m: initial signs of a potential base

MACD Line: -12.24

Signal: -12.92

Histogram: +0.68 (slightly positive)

What it implies: here the snapshot differs from other timeframes:

The histogram has turned slightly positive, indicating that the short-term short pressure is easing.

This often precedes phases of intraday rebound or sideways movement, not necessarily a trend reversal.

Bollinger Bands 15m: price near the lower edge of the channel

Mid: $1,948.67

Up: $1,960.25

Low: $1,937.10

Price: $1,933.98 (slightly below the lower band)

What it implies: the price is practically glued to the lower band, with some “spillover” below. Such a configuration often generates:

Brief snapback towards the central band ($1,948–$1,950) if sellers ease their grip.

Alternatively, in the event of a renewed panic impulse, a swift downward extension before a violent rebound.

ATR 15m: significant micro-volatility, watch out for spikes

ATR 14: $8.59

What it implies: a 15-minute candlestick that on average moves by almost $9 in an already tense environment means that:

Spikes of $15–20 in a matter of minutes are not uncommon at all.

Exercise extreme caution with market orders and high leverage.

Pivot 15m: ultra-tight micro-range

PP: $1,936.05

R1: $1,938.38

S1: $1,931.66

What it implies: the price fluctuates within a very narrow trading range. For intraday traders:

Above $1,938–1,940, there could be room to move towards $1,950–1,960.

Below $1,932, the likelihood of quickly testing $1,920–$1,910 increases.

Main Scenario: Bearish Bias on Ethereum Today

Combining the timeframes, the picture is clear:

Daily: strongly bearish, price well below the averages.

H1: bearish, but with signs of a slowdown in the decline.

15m: attempting a micro-base, with a MACD starting to turn, but still within a context of general weakness.

The dominant force remains the bear trend. The positive signals in the very short term should be interpreted for what they are: potential technical rebounds in a still fragile market.

Bullish Scenario for Ethereum Today: Technical Rebound and Recovery to $2,000

To discuss a credible bullish scenario for Ethereum’s price today, a sequence of confirmations is needed, especially on H1 and 15-minute charts, with the idea of a technical rebound within a still bearish trend.

What Buyers Would Need

Maintain the 1,900–1,880$ area as an intraday base, defending the daily S1 at 1,900.97$.

Stable H1 closes above the pivot at $1,937–$1,940 and then above R1 H1 at $1,943–$1,950.

A gradual recovery towards the Bollinger mid H1 (~$1,997) and the EMA 20 H1 ($1,988–$2,000).

RSI H1 climbing back towards 40–50, indicating a reduction in short pressure.

If this materializes, the short-term bull scenario could open tests of:

$1,980–$2,000: initial profit-taking zone for those buying the rebound.

Potential extension towards $2,050–$2,100 only if the macro market (Bitcoin and total market cap) stops declining.

Levels That Invalidate the Bull Scenario

A decisive break below $1,880 with volume, accompanied by new H1 closes below S1 at $1,928.

RSI H1 remains stuck below 30 despite rebound attempts: a sign that every recovery is being sold off.

In that case, the rebound would turn into the classic dead cat bounce, and the structure would become fully bearish even in the short term.

Bearish Scenario for Ethereum Today: Extension Towards $1,850 and Beyond

The bearish scenario remains, for now, the primary one, given the daily structure.

What Sellers Would Need

Decisively lose the $1,900 area (S1 daily) with H1 and H4 closes below that level.

Keep the price consistently below the daily pivot at $1,966 and the H1 pivots at $1,938, turning every rebound into a selling opportunity.

RSI remains weak (below 40 on daily and H1), without significant bullish divergences.

In this context, the plausible bearish targets become:

$1,880–$1,850: initial psychological support and area where late long stops might concentrate.

In case of further stress, extensions towards $1,800–$1,750, with the daily lower band at $1,631 as a statistical extremity in the event of true panic selling.

Levels That Challenge the Bearish Scenario

A stable recovery above $2,000 with daily closes above the pivot at $1,966 and approaching the daily 20 EMA at $2,365.

Daily MACD that begins to visibly reduce the negative histogram, indicating that the bearish trend is losing momentum.

As long as we remain well below $2,000–$2,050, however, every rebound should still be interpreted within a downtrend context, not as a new bull run.

How to Interpret the Current Context of Ethereum’s Price Today

The overall picture is that of a market in full fear and liquidation phase, with Ethereum suffering more than Bitcoin. The daily imposes a bearish bias, while H1 and 15-minute charts suggest the possibility of technical rebounds or sideways phases around $1,900–$1,950.

For a trader, this means:

No scenario infatuations: the structure is short, but the risk of sharp rebounds is high, especially on lower timeframes.

Beware of false signals: in high ATR contexts, level breakouts (especially on the 15-minute chart) can quickly turn into fake breakouts and revert back into the range.

Manage risk before the idea: with this volatility, the difference between a successful idea and a losing trade is often just the position size and the stop placement.

In summary, the Ethereum price today reflects a market under pressure, with room for rebounds but still lacking solid signs of reversal. Those working against the trend must be quick and disciplined; trend followers still have the advantage, but can no longer afford impulsive entries in a fully oversold condition.

În ultimii ani, tokenizarea activelor a cunoscut o creștere fără precedent în Europa, marcând o schimbare semnificativă în peisajul financiar.

Conform lui Prost Boucle, EU Growth Lead la Coinbase, continentul traversează o adevărată schimbare de paradigmă: activele reale tokenizate, excluzând stablecoin-urile, au crescut de aproape 18 ori din 2022. Aceste date demonstrează cum companiile investesc capital tangibil în această nouă frontieră digitală.

Această expansiune nu este doar un fenomen trecător, ci rezultatul încrederii crescânde în potențialul blockchain-ului ca infrastructură de plată fundamentală. Activitatea „on-chain” continuă să se intensifice, cu o creștere a plăților în stablecoin și a volumelor legate de custodia și acoperirea activelor digitale.