Month: February 2026

South Korea Sentences Crypto Firm Executive to 3-Year Jail Just Before Corporate Regulations

Key Notes Authorities said Lee minted a total of $4.8 million through token manipulation, while undermining fair price formation for the ACE token. South Korea is enforcing strict penalties as it moves toward stronger regulation of corporate participation in digital asset markets. On the other hand, South Korea’s FSS announced AI-driven upgrades to its VISTA surveillance system. South Korean regulators are once again tightening their grip over the crypto market and the rising corporate involvement. A South Korean court has recently sentenced the CEO of a crypto asset management firm…

South Korea gets rich from crypto… North Korea gets weapons

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In Seoul, crypto is loud and hard to ignore. In Pyongyang, it moves in silence, but its impact spreads far beyond the country’s closed borders. The two Koreas are among the most influential countries in crypto today, but for opposite reasons. South Korea drives markets through retail participation, culture and politics. A Seoul crypto trading competition in e-sports format. (Bunsan) Meanwhile, its secretive neighbor up north extracts billions in crypto through cyber operations. Its state-backed hackers are leading suspects in some of the industry’s most damaging incidents. North Korea’s influence…

How Blockchain Technology Works?

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XRP Just Hit A Golden Pocket, Relief Bounce Puts Price At $2.5

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XRP is showing signs of a potential bullish turnaround after recently hitting a Golden Pocket. Analysts say this Golden Pocket could trigger a strong relief bounce in the XRP price, potentially propelling it toward $2.50. At the same time, they predict that a price drop to new lows remains possible if the market does not unfold as expected.   In an X post on Monday, crypto market analyst CasiTrades announced that XRP has hit a Golden Pocket, bringing attention to an upcoming W4 relief bounce that could fuel a rally to…

Ark Invest snaps up crypto stocks as Bitcoin dips below key averages

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Ark Invest bought Coinbase, Block, Bullish, Circle and Bitmine as Bitcoin and Ether traded below key moving averages, with sentiment weak but long‑term theses intact. Summary Ark Invest accumulated shares of Bitmine, crypto exchange Bullish, Circle, Block Inc. and Coinbase as their prices slid with the broader digital asset market.​ The buying coincided with Bitcoin and Ether trading below their 200‑day moving averages and long‑term trend lines, while sentiment gauges flashed heightened caution. Bitwise CIO Matt Hougan described an extended bear phase since early 2025, while Cathie Wood highlighted gold’s…

Incognito Market Founder Bags 30-Year Jail Term for Crypto Darknet Operation

Key Notes Rui-Siang Lin, the founder of Incognito Market, will now spend the next 30 years in jail. He was accused of operating a digital asset dark web marketplace that facilitated more than $105 million in illicit narcotics sales. Lin will also get another five years of supervised release. Incognito Market founder Rui-Siang Lin was recently sentenced to 30 years in prison by a United States judge. This judgment was issued as a consequence of operating a digital asset dark web marketplace that facilitated more than $105 million in illicit…

BTC Downtrend Not Over? Why Bitcoin’s Next ‘Liquidity Magnet’ Could be $65K

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Bitcoin (BTC) traded as high as $76,900 on Wednesday, up 4.5% above its 15-month low of $72,860, reached on Tuesday. However, there are increasing signs that Bitcoin’s price could experience a deeper correction over the following weeks or months. Key takeaways: Bitcoin confirms bearish technical patterns on multiple time frames, risking a deeper correction toward $60,000. Bitcoin’s Puell Multiple could stay in the discount zone longer, indicating a continuation of the downtrend. A surge in BTC inflows to Binance could provide bears with fuel for a deeper pullback. Bitcoin’s chart…

Tom Lee Defends Bitmine as Ethereum Crashes to $2,273

Key Notes BMNR stock dropped by roughly 2% as the broader crypto market struggles to recover. Investors blame Bitmine’s $6 billion unrealized losses for the crash in BMNR value. Bitmine is still buying more Ethereum as Tom Lee is unfazed by the market outlook. Ethereum ETH $2 253 24h volatility: 1.1% Market cap: $271.97 B Vol. 24h: $47.07 B treasury firm Bitmine has seen its BMNR stock decline sharply amid a broader market downtrend. Based on the current price of Ethereum, Bitmine now faces roughly $6 billion in unrealized losses.…