Month: February 2026

Analysts Reject Jane Street Bitcoin Manipulation, Bitcoin ETF Demand Rises

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This week, rumors of a โ€œ10 a.m. Bitcoin dumpโ€ blamed on quantitative trading company Jane Street gained traction online after it was sued by Terraform Labsโ€™ court-appointed administrator, but market watchers said the data does not support a consistent, company-driven selloff. The accusations mounted a day after Jane Street was sued by Terraform Labsโ€™ administrator amid allegations of insider trading that worsened the collapse of Terraโ€™s algorithmic stablecoin ecosystem in May 2022. Elsewhere in the market, demand for spot Bitcoin exchange-traded funds returned after five consecutive weeks of net negative…

XRP Emerging As Safe Haven? CEO Points To Steady Inflows As BTC, ETH Struggle

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Most crypto funds have been losing investors lately. XRP hasn’t gotten that memo. While Bitcoin and Ethereum exchange-traded funds have faced weeks of steady outflows, XRP-linked products have quietly been doing something different โ€” attracting fresh money even on the market’s worst days. XRP Takes Half Of All New Altcoin ETF Money According to Canary Capital CEO Steven McClurg, XRP is capturing roughly 50% of all new capital flowing into altcoin ETFs. That’s a commanding share of a market that includes several competing assets. Solana comes in second, drawing around…

Bitcoin Rally Stalls Near $70K: Will Altcoins Keep Going?

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Key points: Bitcoin continues to face selling on minor rallies, indicating a negative sentiment. Several altcoins have turned down from the overhead resistance levels, indicating the bears are active at higher levels. Bitcoin (BTC) continues to face selling on rallies, with bears attempting to sink the price below $66,000. However, some analysts believe the downside may be limited.ย  Analyst Willy Woo said in a post on X that the selling may have exhausted and BTC is likely to enter a period of consolidation. He expects the rebound to be rejected…

Why Yen Stablecoins Are Key to Japanโ€™s Crypto Ambitions

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Japan is preparing its financial system for a world of stablecoins and tokenized assets, with banks, regulators and financial conglomerates working to bring the yen economy onchain. The country is the worldโ€™s fourth-largest economy, and its yen is one of the most important currencies in global finance. According to the International Monetary Fund, the yen accounted for 5.82% of global foreign exchange reserves, ranking third worldwide. A major reason for the yenโ€™s systemic importance is the carry trade. Due to low interest rates, investors borrow cheap yen, convert it into…

Revenue Beats, Earnings Per Share Miss, Stock Falls

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Shares of Figure Technology Solutions, a blockchain-based consumer lending marketplace, plunged on Friday after the company reported mixed fourth-quarter results the prior day, signaling a more difficult operating environment even as revenue continued to climb. For the quarter ended Dec. 31, the company posted revenue of $159.9 million, up from $83.9 million a year earlier, and net income of $15.1 million, compared with $5.9 million in the same period of 2024. Earnings were $0.06 per diluted share, compared to zero a year earlier. Analysts polled by Yahoo Finance expected earnings…

The 10 AM “Scam”: How Theyโ€™re Rigged Bitcoin

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Crypto Trader Predicts Solana 50% Price Crash To $30 If This Level Breaks

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Solana (SOL) could be facing one of its most critical technical tests in recent months, with crypto trader Jussy warning that a breakdown at a key level could trigger a collapse toward prices not seen since previous bear market cycles. With the cryptocurrency trading above this level and forming two bearish patterns across multiple timeframes, the analyst has set two major crash targets for SOL. However, only one of these patterns could lead to a staggering 50% decline to $30 once the price breaks.ย  Solana Bear Flag Pattern Signals Crash…

Minnesota to Weigh Ban on Crypto Kiosks after Scam Reports

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A Minnesota lawmaker has introduced a bill that could ban virtual currency kiosks across the state after reports of incidents involving crypto-related scams. In a Thursday session of the Minnesota House of Representatives Commerce Finance and Policy Committee, Representative Erin Koegel said the bill, House File 3642, would address the โ€œnovelโ€ and โ€œminimally regulatedโ€ technology of crypto kiosks. Koegel said she had heard from state law enforcement agencies that many scammers used the kiosks to trick residents into sending crypto, while legitimate traders tended to use centralized exchanges. โ€œBecause of…