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…
Category: Other Crypto News
Crypto Trader Predicts Solana 50% Price Crash To $30 If This Level Breaks
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. Solana Bear Flag Pattern Signals Crash…
Minnesota to Weigh Ban on Crypto Kiosks after Scam Reports
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 “novel” and “minimally regulated” 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. “Because of…
How EU Crypto Tax Laws Are Set to Work in Practice
Key takeaways The EU’s new crypto tax rules do not introduce new taxes but expand tax transparency by ensuring that crypto transactions are reported and shared across member states. Reporting obligations fall primarily on crypto-asset service providers, requiring them to collect user identity information, tax residency details and transaction data in a standardized format. Information reported by platforms will be automatically exchanged among EU tax authorities, reducing cross-border reporting gaps for crypto users. The framework aligns with the Organisation for Economic Co-operation and Development’s global crypto reporting standard, increasing compatibility…
Bitcoin Nears Major Milestone As 100 BTC Wallets Approach Record Levels
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Here’s Why Bitcoin Analysts Say BTC Market Will Bottom in Q4 2026
Bitcoin (BTC) sellers returned on Friday, pulling BTC price 5.5% below Wednesday’s high of $70,000 to trade at $65,950 at the time of writing. Several analysts said Bitcoin is “going much lower,” potentially reaching a bottom during the last quarter of 2026. Key takeaways: Analysts forecast BTC price to hit a bottom in Q4 based on various technical and onchain metrics. Rising exchange reserves and “supply in profit” falling to 2022 lows suggest further downside pressure. Analysts say Bitcoin price will bottom after June According to multiple analysts, Bitcoin could…
BTC Stuck Below $70K, Japan Inflation Below 2%: Month In Charts
The taxman cometh. In February, the tax authorities of four countries began to reconsider how they tax crypto. In the US, the number of crypto ATMs hit nearly 40,000, returning to 2021 levels of interest in crypto kiosks. The number of installations had dipped significantly after the crypto crash of 2022. Japan’s inflation dipped below 2% in February, less than in the United States. Berkshire Hathaway CEO Warren Buffett said earlier this year that dollar investments were looking less attractive as the yen is providing a more stable currency. Bitcoin…
Fidelity Thinks Bitcoin May Be Leaving Its 80% Crashes Behind
Fidelity Digital Assets argues Bitcoin’s market structure has shifted enough that the familiar four-year boom-bust pattern and the brutal 80% drawdowns that often followed, may no longer be the default outcome. In a Feb. 24 research note titled “Is Bitcoin’s Four-Year Cycle Over?” research analyst Zack Wainwright frames the call around a simple observation: Bitcoin is now a very different-sized asset with a very different buyer base. Fidelity pegs Bitcoin’s market cap at an all-time high of roughly $2.5 trillion as of October 2025, alongside signs of deeper liquidity and…
US PPI Gives Bitcoin Bulls a New Headache Into the Monthly Close
Hotter US PPI inflation data boosted precious metals but punished Bitcoin bulls, with BTC price downside nearing 3% on the day. Bitcoin (BTC) slid further into Friday’s Wall Street open as US inflation data overshot expectations. Key points: Bitcoin price downside strengthens as US inflation data comes in hot. Gold and silver benefit from a risk-off response to January PPI data. Bitcoin price expectations face the prospect of a rocky monthly candle close. Bitcoin under pressure after hot US PPI print Data from TradingView showed daily BTC price downside nearing…
South Korea Tax Office Leaks Seed Phrase in Press Release
South Korea’s National Tax Service (NTS) accidentally exposed a crypto wallet seed phrase in an official press release on Thursday, leading to a loss of 4 million PRTG (Pre‑Retogeum) tokens worth about $4.8 million from the address, according to local media reports. According to multiple Korean media reports on local sites Naver, Chosun and others, the press release related to the National Tax Service’s enforcement campaign against tax delinquents and seizures that the authorities had carried out. The release reportedly included an image of a Ledger cold wallet and a…