crtypto & forex news

Talks of a potential altcoin season this cycle have since subsided compared to previous years, despite the recent decline in the Bitcoin (BTC) price and dominance. Notably, a crypto analyst has shared a new long-term chart showing the total altcoin market capitalization relative to Bitcoin at a level that has historically preceded major alt seasons. Based on his analysis, the alt market has fully reset and could be gearing up for a fresh altcoin season if historical trends play out as expected. Historic Alt Season Setup Forms As Bitcoin Ratio Hits Base Zone In a recent analysis on X, market expert @CyrilXBT shared a monthly chart tracking the ratio of the total crypto market, excluding the top 10 assets, to Bitcoin. According to the analysis, the chart currently sits at approximately 0.129, a level the analyst describes as the same base or accumulation zone that has launched every major altcoin season in crypto history.  @CyrilXBT noted that this zone is where all alt seasons...

Tether, the company behind the world’s most widely used stablecoin, USDT, has revealed that it has frozen approximately $4.2 billion worth of its tokens tied to suspected illicit activity, with the majority of those actions taking place over the past three years.  Tether Expands Crackdown On Criminal Use Of USDT Tether said that just this week, it assisted the US Department of Justice (DOJ) in freezing nearly $61 million in USDT connected to so‑called “pig‑butchering” scams — a type of fraud in which criminals build personal relationships with victims before persuading them to invest in fake cryptocurrency schemes. That latest action brought the total value of frozen USDT linked to alleged illicit activity to $4.2 billion. Of that amount, $3.5 billion has been blocked since 2023 alone, a Tether spokesperson said to Reuters in emailed comments late Thursday. Earlier in the week, Tether Chief Executive Officer Paolo Ardoino highlighted the company’s recent cooperation with US a...

Ethereum network dominance is turning out to be constructive rather than speculative as the blockchain expands beyond its Decentralized Finance (DeFi) stance. After dominating as a leader in on-chain finance, the network is now leading AI innovation. AI Innovation Accelerates On The Ethereum Network As the blockchain landscape expands, the Ethereum network is taking the spotlight in terms of Artificial Intelligence (AI) innovation. A recent report indicates that the blockchain is emerging as the primary hub for on-chain AI agents, suggesting an expansion beyond its roots in DeFi. Compared to other chains, ETH is gradually becoming the home for these projects, surpassing them by a long shot. More autonomous, revenue-generating AI systems are being constantly hosted and supported by the blockchain. As seen on the chart shared by Leon Waidmann, a data analyst and the head of research at Lisk, the number of AI agents on Ethereum has reached 27,315. Other major chains, such as Base,...

In terms of price action , Solana may be demonstrating a downside trend, but its ecosystem is signaling growing dominance in the Web3 sector. After seeing notable network performance, the blockchain now controls a significant portion of the total decentralized application (dApp) revenue. A Large Web3 dApp Earnings Covered By Solana With robust network coverage, Solana, one of the leading blockchains in the cryptocurrency sector, is rapidly cementing its position as a dominant force in the Web3 economy. This is a pivotal moment for the network during a weakening price performance, which could play a role in its price outlook. A recent report from SOL Strategies, a publicly traded company, discloses that Solana is dominating the web3 economy now by capturing a large share of all dApp revenue. As user activity increases and developers continue to expand throughout its ecosystem , it is becoming more evident that the network may produce actual economic value. Using data from Syndica, ...

Indiana is moving closer to formally embedding crypto into its public financial system after lawmakers approved House Bill 1042, commonly referred to as the Bitcoin Rights Bill. The legislation has cleared both legislative chambers and now awaits the signature of Governor Mike Braun. Related Reading: Binance Faces US Senate Inquiry Tied To $1.7 Billion In Sanctions-Related Transactions If enacted, the law would allow certain public investment programs to provide exposure to crypto through regulated ETFs and establish legal protections for individuals who use or hold digital assets. The measure reflects a broader shift among U.S. states as they explore how crypto fits within traditional finance. Public Funds and Retirement Plans Open to Crypto ETFs HB 1042 permits state-managed investment funds to include cryptocurrency ETFs as investment options rather than allowing direct token purchases. The approach aims to provide exposure through regulated financial products while maintainin...

Solana projects Step Finance and its sister platforms have announced they are winding down operations following an exploit last month. This also comes as crypto prices struggle amid the current bear market , with SOL still below the psychological $100 level.  Solana Projects To Wind Down Following Exploit And Amid Price Struggle In an X post , Solana DeFi aggregator Step Finance announced that it and its sister projects, SolanaFloor and Remora Markets, will be winding down all operations. This follows the hack towards the end of last month involving the firm’s treasury wallets , which resulted in a loss of around $40 million.  Related Reading: This Analyst Predicted Solana Sell-Off At $250, And Is Back With A New Prediction StepFinance stated that following the hack, they explored every possible path forward, including financing and acquisition opportunities. However, the Solana project was unable to secure a viable outcome, which is why it has decided to end all operatio...

After weeks stuck below a key psychological level, Ethereum (ETH) surged past $2,000 in a swift rally, pushing prices to $2,158 within a day. The recovery comes after a prolonged period of sideways trading around $1,900 and a broader correction that had pushed ETH more than 60% below its previous peak. The latest double-digit recovery coincided with a wider cryptocurrency market rebound, with total market capitalization rising by over 4% and Bitcoin also advancing during the same period. Ethereum ETF Inflows and Institutional Activity Drive Recovery Renewed institutional demand helped drive Ethereum’s breakout, as spot ETFs recorded fresh inflows after weeks of outflows. Daily investments topped $20 million in some sessions, with total inflows exceeding $125 million on February 25, led largely by Grayscale and Fidelity products. On-chain data also pointed to accumulation by large holders. Whale wallets added thousands of ETH while others withdrew significant amounts from exchange...

Ripple, a crypto payments company and the largest XRP holder, has been aggressively expanding and developing its infrastructure for the past three years. Within this short timeframe, the crypto firm has acquired six different companies , spending more than $2.7 billion. While these acquisitions have significantly expanded Ripple’s use cases and demand, many in the crypto community are concerned about how these ecosystem developments could impact XRP’s price.  Why Ripple Spent $2.7 Billion On Acquisitions On Monday, February 23, an XRP commentator identified as ‘Ledger Man’ on X outlined several key reasons behind Ripple’s aggressive buying spree over the past three years. Ledger Man noted that the crypto company, led by CEO Brad Garlinghouse , has been incredibly busy since 2023, buying six different companies and expanding into new markets .  He noted that during this short period, Ripple has spent a total of $2.7 billion on company acquisitions. Among the crypto firm’s l...

After several attempts, the Bitcoin price finally reclaimed the $65,000 mark, but ongoing volatility and uncertainty across the cryptocurrency market still linger. With BTC falling below this support level, pressure on investors appears to have increased significantly, as evidenced by the number of BTC supply now in loss. Record Levels of Bitcoin Now Sitting At A Loss The pressure on the market and investors has increased following the recent pullback in Bitcoin’s price . Given the price pullback, the BTC supply that is positioned at a loss has spiked sharply, indicating a bearish outlook for the market and the flagship asset. A recent data reading is showing that Bitcoin is coming into a critical stress point, with the percentage of supply held at a loss rising to one of the highest levels ever seen. This dramatic increase, which reflects the severity of the recent price downturn, indicates that an increasing proportion of owners are now underwater. As seen in the chart shared ...

Ripple’s aggressive expansion strategy is once again under scrutiny from disgruntled XRP investors. What was presented as a milestone moment for the company has instead reignited debate over whether Ripple’s ecosystem growth is translating into measurable value for XRP holders. XRP Price Slumps Despite Ripple’s Hidden Road Deal In late 2025, Brad Garlinghouse announced the completion of Hidden Road’s acquisition , now rebranded as Ripple Prime. For many XRP investors, such announcements carry expectations. If XRP is foundational to Ripple’s ecosystem, then major corporate wins should, in theory, reflect in the token’s market performance. Instead, the price action has told a different story. Over the past two months alone, XRP has declined by more than 25%, underperforming during a period that included positive corporate developments. Historically, similar announcements have triggered short-lived volatility but rarely sustained upward momentum. The pattern has created a perceptio...

Crypto analyst Crypto Patel has stated that this is not the first time that XRP has crashed 69%. He provided a positive outlook for the altcoin, noting that it recorded a parabolic rally the last time this happened.  XRP Pumped 835% Last Time It Crashed 69% In an X post , Crypto Patel stated that XRP rallied 835% the last time it crashed 69%, suggesting that this was a reason to remain positive despite the current downtrend. The analyst noted that the altcoin is trading around $1.39 after breaking down from the $2 support zone. It is currently retesting the higher time-frame demand level, which previously served as the upper boundary of the multi-year accumulation zone.    Crypto Patel also noted that XRP already a 69% correction from its recent all-time high (ATH) of $3.66, with a classic breakout-retest setup forming. Furthermore, price is testing a critical support zone after an explosive 835% rally from accumulation. The analyst also alluded to on-chain indicators...

Institutional investors are improving exposure to smart contract platforms amid ongoing market volatility, with Cardano (ADA) increasingly becoming a central focus. Recent portfolio adjustments by major crypto asset managers suggest long-term positioning is gaining priority over short-term price movements. Related Reading: Strategy Makes 100th Bitcoin Purchase, Total Holdings Reach 717,722 BTC Digital asset manager Grayscale Investments has steadily increased its allocation to Cardano’s ADA token within its Smart Contract Fund, signaling growing institutional interest in the network’s evolving ecosystem and infrastructure strategy. Institutional ADA Allocation Expands Despite Market Weakness Grayscale’s latest rebalancing shows ADA accounting for roughly 20.2% of the Smart Contract Platform Select Capped Index (SCPXC), up from about 18.55% at the start of the year. The increase makes Cardano the third-largest holding in the fund, behind Ethereum and Solana, which each command allo...

Crypto pundit Jay Nisbett has drawn attention to an important development in the XRP ecosystem that isn’t talked about enough. He further declared that this might be the most significant development for adoption at the moment.  Pundit Highlights Key Development For XRP’s Adoption In an X post , Jay mentioned that SBI is issuing bonds on-chain, which almost immediately gives the holder an equivalent amount of XRP. Furthermore, the company will pay interest over the next three years. The pundit added that this move is “absolutely massive” if one understands the Yen carry trade and the altcoin and the relationship between the two.  The pundit opined that this move is effectively a “carry trade easing.” He explained that firms have been capturing a few points spread and that Japan is where this has been predominantly occurring. However, these firms are now getting squeezed. Jay believes that this is where XRP provides a way out for these firms, which would result in them own...

Nearly four years after one of crypto’s most destructive failures erased tens of billions of dollars in value, the collapse of Terraform Labs has returned to the courtroom. A new lawsuit filed in a U.S. federal court accuses trading giant Jane Street of insider trading tied to the 2022 downfall of the Terra ecosystem, a case that could reshape how institutional trading activity in digital asset markets is scrutinized. The complaint was filed by the court-appointed administrator overseeing Terraform Labs’ bankruptcy, alleging the firm used confidential information to trade ahead of key market events, avoid losses, and hasten the collapse of its algorithmic stablecoin system. Allegations of Insider Trading During Terra’s Final Days According to the lawsuit, Jane Street obtained material non-public information through contacts within Terraform. The filing claims that a former Terraform intern working at the trading firm helped establish private communication channels that allegedly ...

A thread sparked by Bloomberg ETF analyst Eric Balchunas reignited one of crypto’s oldest arguments: whether Bitcoin’s core value proposition has been diluted as institutional intermediaries take center stage. What began as a reflection on crypto’s real-world utility quickly turned into a pointed dispute over whether BTC can credibly be called “debasement-resistant” while it remains wildly volatile. Bitcoin Identity Debate Explodes on X Balchunas weighed in after Cooper Turley, founder of Coop Records, posted that crypto feels “in the weirdest spot” since 2017 and that beyond speculation it’s “hard to see how it adds meaningful value to people’s lives.” Balchunas’ response framed Bitcoin’s novelty less as a product category and more as a monetary property set. “Seeing this a lot. My two cents: the novel value of bitcoin is that it is user-run money that is both censorship and debasement-resistant,” Balchunas wrote. “Far as I can tell nothing has changed about that. However bc the c...

The Bitcoin price is currently consolidating near $65,000 on the weekly chart, with crypto analyst Doctor Profit warning that the market remains locked inside a broader bear market structure . In a “special Bitcoin report” released this week, the analyst reviewed past price movements and trends, assessed the market’s current position, and outlined what could unfold next. The report’s structure highlights a progression from euphoric peak to major capitulation and price declines , followed by stabilization and the possibility of a trend reversal.  From Market Euphoria To A Major Bitcoin Price Crash In an X post on February 22, Doctor Profit shared a Bitcoin price report, outlining six stages of the bear market based on patterns he has observed in every major Bitcoin cycle. His framework emphasized recurring drivers such as liquidity mechanics, leverage positioning, and predictable human behavior under stress and panic .  For Stage 1, Doctor Profit stated Bitcoin saw euphoric...

Fresh commentary surrounding XRP and RLUSD from crypto media figure Paul Barron has put Ripple back in focus. According to Barron, internal research indicates that a significant development is forming around both assets, with regulatory momentum from the proposed Clarity Act serving as the catalyst . A deeper breakdown of his remarks reveals what may be taking shape and why it matters now. Barron Flags Major XRP And RLUSD Development In a recent statement shared on X, Barron disclosed that his research unit has identified a consequential development involving XRP, RLUSD and the Clarity Act. He described the situation as significant and suggested it could represent one of the most important updates associated with Ripple’s operations to date.  While he stopped short of detailing the findings, by placing both XRP and RLUSD at the center of his commentary, Barron framed the development as ecosystem-wide rather than asset-specific. XRP has long operated as Ripple’s liquidity bri...

Missouri lawmakers moved a step closer to letting the state hold Bitcoin after a new bill was pushed forward for committee review. The proposal would set up a separate fund inside the state treasury to collect and keep Bitcoin under certain rules. It is a sharp idea that has quickly drawn both praise and worry from different corners of finance and government. Missouri Moves To Create A Bitcoin Reserve According to reports, House Bill 2080 was advanced to the House Commerce Committee for further hearings and possible votes. The move means lawmakers will get a chance to ask experts, hear public testimony, and amend the plan before it reaches a full vote. Time is limited in the session, but the committee stage gives the measure a clearer path forward. The Bill’s Main Points Reports say the measure would create a “Bitcoin Strategic Reserve Fund” that the state treasurer could manage. The fund could accept Bitcoin given as gifts, grants, donations, bequests, or devises from eligibl...

Ethereum slipped over the past two days as on-chain trackers flagged another burst of selling tied to Vitalik Buterin’s wallets, reviving a familiar narrative for traders: founder-linked distribution showing up alongside spot weakness. Ethereum Pullback Coincides With Fresh Vitalik Sales Lookonchain said Buterin has sold 1,869 ETH (about $3.67 million) over the past two days, a window in which ETH fell from $1,988 to $1,875, a 5.7% drawdown based on the figures cited in the post. The account framed the move as an acceleration: “vitalik.eth(@VitalikButerin) is selling ETH faster again. In the past 2 days, he has sold 1,869 ETH($3.67M). During that time, ETH fell from $1,988 to $1,875, down 5.7%.” The sharper edge of the thread was the historical comparison . Lookonchain pointed to a previous episode when it said Buterin sold 6,958 ETH (about $14.78 million) and ETH subsequently fell from $2,360 to $1,825, a 22.7% decline. “Last time he sold 6,958 ETH($14.78M), $ETH dropped from $2,...

In the course of the last few months, the Ethereum price has seen a lot of decline , struggling alongside Bitcoin as investors rush to offload their coins. These sell-offs have come in anticipation of lower price levels, and with the price continuing to dip further, it seems the investors who sold earlier were right. Even now, analysts continue to predict that the market decline will continue, with the likes of Ethereum expected to suffer major retracement before a bottom is established. Technical Patterns Show Where Ethereum Is Headed Next In an analysis shared on the TradingView website, crypto analyst Melikatrader outlined that the Ethereum price could be seeing another major crash soon. So far, the digital asset has seen its price consolidation in what appears to be a large symmetrical triangle pattern. This comes while the price continues to chop below $2,000. Mainly, most of the action has happened as the Ethereum price has struggled around the $1,977 level, which the analys...