Coinsori

Bitcoin surged sharply this week, briefly nearing $70,000 before pulling back. The move sparked debate across the market: has Bitcoin finally bottomed, or is this just another relief rally inside a broader bear phase?

Multiple on-chain, derivatives, and institutional indicators show early signs of stabilization. However, key signals still point to a fragile recovery rather than a confirmed bullish reversal.

Options Market Shows Fragile Conditions, Not Strong Support

Bitcoin’s options positioning recently shifted into what traders call a negative gamma regime, according to Glassnode’s GEX heatmap.

In simple terms, gamma measures how options market makers hedge risk. When Bitcoin sits in a negative gamma zone, dealer hedging tends to amplify price moves.

That means rallies can accelerate quickly—but so can selloffs.

The heatmap also shows fewer strong resistance “gamma walls” above current prices. This creates less friction for upward moves, which helps explain Bitcoin’s sudden surge.

However, it also means the market lacks structural stability.

Without strong hedging support, price moves remain fragile and prone to reversal.

Bitcoin Spot Demand Is Improving for the First Time in Months

CryptoQuant data shows Bitcoin’s apparent demand, which measures net accumulation versus new supply, has turned positive for the first time since November.

This is an important early signal. When demand exceeds supply, it suggests buyers are stepping in and absorbing coins from sellers.

However, one positive shift does not confirm a full reversal. During past bear markets, temporary demand increases often occurred before further consolidation.

A sustained trend of rising demand over several weeks would provide stronger confirmation.

Short-Term Holders Are Still Selling at Losses

Another key indicator comes from CryptoQuant’s short-term holder profit and loss data, which tracks whether newer investors are selling at gains or losses.

The data shows short-term holders have been selling at losses consistently since late January. Several major loss spikes occurred in early February and again recently.

This pattern is known as capitulation, where weaker investors exit the market. Capitulation is common near market bottoms, because stronger buyers absorb those losses.

However, the signal has not fully reversed.

Until short-term holders begin selling at profits again, analysts warn that rallies can become “exit liquidity,” where trapped investors sell into strength rather than holding.

Technical and Historical Data Suggest Selling Pressure Is Easing

Bitcoin’s relative strength index (RSI), a momentum indicator, recently recovered after reaching extremely oversold levels in early February. This suggests selling pressure has weakened.

Historically, such RSI recoveries often lead to short-term rebounds.

Quarterly performance data also shows Bitcoin rarely experiences multiple consecutive quarters of heavy losses.

While this pattern does not guarantee a bottom, it supports the view that the market may be entering a stabilization phase.

Institutional Flows Still Show Weakness

Institutional positioning remains a key concern. Earlier data showed Bitcoin ETFs experienced sustained outflows, and SEC filings revealed large investment advisors and hedge funds reduced exposure significantly in late 2025.

This suggests institutional demand has not fully returned. Strong bull markets typically require consistent inflows from large investors.

Early Bottoming Signs, But Bull Market Not Confirmed

Bitcoin is showing several early bottoming signals. Spot demand is improving, capitulation appears to be getting absorbed, and technical indicators suggest selling pressure is fading.

However, key confirmation signals are still missing.

Short-term holders remain in loss territory, institutional flows remain weak, and options market structure shows fragile conditions.

For now, Bitcoin’s rally appears more consistent with a relief bounce than a confirmed bull reversal.

A sustained recovery will likely require stronger demand, renewed institutional inflows, and price stability above key resistance levels.
source: https://www.tradingview.com/news/beincrypto:81903519e094b:0-bitcoin-rebounds-toward-70-000-but-is-it-a-momentary-relief-or-slow-bull-run-signal/

US-listed Bitcoin ETFs gained $258 million in net inflows, ending five weeks of outflows. Fidelity's fund attracted $83 million, while BlackRock's ETF brought in $79 million.
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Bitcoin's price has risen recently, following a lawsuit against Jane Street for insider trading linked to the Terra-Luna collapse, easing previous selling pressure.
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The Coinbase Bitcoin Premium Index is now positive, ending two months of negative trading, as Bitcoin's price on Coinbase exceeds Binance by over $10, indicating rising U.S. demand.
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source: https://www.tradingview.com/news/tradingview:0165654905e3e:0-key-facts-bitcoin-etfs-see-258m-inflows-price-rises-amid-demand/

In a sign of the growing convergence between traditional finance and digital assets, Emirates NBD is reportedly exploring the addition of Bitcoin to its investment portfolio. The development reflects a broader shift in institutional strategy, as major financial institutions increasingly recognize BTC’s potential role in portfolio diversification, inflation hedging, and long-term value preservation.

Why Emirates NBD Is Exploring Bitcoin Integration

Emirates NBD, one of the largest banks in the United Arab Emirates but frequently described as the UAE’s second-largest bank, is actively evaluating whether to add Bitcoin to its investment portfolio. Crypto market commentator MartyParty has mentioned on X that the news stems directly from comments by Maurice Gravier, the Group Chief Investment Officer (CIO) at Emirates NBD, during an appearance on CNBC Squawk Box.

Gravier’s key points were viewing BTC as digital gold and framing it primarily as a store of value rather than merely an alternative currency. He noted that Bitcoin has matured significantly, citing its proof-of-work security model, limited supply, and structurally low inflation rate as attributes that enhance its appeal to institutional investors. Furthermore, Gravier has suggested that BTC’s current valuation appears more attractive compared to six months ago, when the price was considered relatively high.

According to MartyParty’s summary, the bank has an internet model, and indicates that BTC could reasonably approach the $100,000 range within the next 12 months. However, the projections are still being refined.

The Emirates NBD’s bank asset management division reportedly oversees approximately $16 billion in assets, and any potential allocation would be limited in size and used for diversification purposes. Nonetheless, with no final decision or execution, it is still under review amid ongoing market volatility. This consideration has highlighted a growing institutional interest in BTC across traditional finance in the Middle East.

How Businesses Are Using BTC Payments At Scale

While individuals are focused on Bitcoin dropping to $63,000, with the price down 50% from its high, a major milestone in its underlying network activity last week has largely gone unnoticed. Crypto analyst Fernando Nikolić pointed out that the Lightning Network surpassed $1 billion in monthly transaction volume for the first time, reaching approximately $1.17 billion across 5.2 million transactions in November.

The data shows that the average transaction size nearly doubled year-over-year from $118 to $223, indicating that this is not just micropayment experimentation. Nikolić believes that businesses are using it, and exchanges are moving real money through it. In other words, its actual usage as a payment network just hit an all-time high.

In his view, both realities can coexist and underscore a broader disconnect between market narratives and underlying network fundamentals. Also, Nikolić noted that the adoption milestone has received relatively little attention because it challenges the dominant bearish storyline surrounding the BTC price action.
source: https://www.tradingview.com/news/newsbtc:42a297570094b:0-bitcoin-emerges-as-strategic-asset-in-emirates-nbd-investment-plans/

Bitcoin and other major cryptocurrencies jumped on Wednesday, adding more than $170 billion in market value, as analysts argued that the rebound was due to a lawsuit accusing Jane Street of insider trading.

The total crypto market cap rose roughly 8% to nearly $2.5 trillion, according to CoinGecko. Bitcoin briefly climbed to over $70,000, per The Block’s price page, while Ethereum gained more than 13% and Solana surged over 15%.

The move coincided with speculation that a long-suspected pattern of heavy selling around 10 a.m. Eastern time had abruptly stopped following news of the lawsuit.

"Jane Street was running an algorithm that dumped Bitcoin every single morning at 10 a.m. Every day. For months. Crashing the price. Liquidating retail. Buying back lower. Rinse and repeat," Bark, crypto commentator, wrote on X. "The second they got sued, it stopped. The 10 a.m. dump disappeared. Now Bitcoin just had the best day in months."

Onchain analyst Nonzee echoed that view. "For months, 10 a.m. meant one thing: the Jane Street dump," the digital asset researcher said. "Yesterday, they got hit with an insider trading lawsuit. Today at 10 a.m.? Bitcoin rips higher instead."

There is no public evidence showing Jane Street was systematically selling bitcoin at a fixed daily time. Still, the timing of Wednesday’s rally quickly fueled chatter across crypto social media that a long-feared source of steady selling pressure may have eased.

Jane Street suit

The lawsuit was filed this week by the administrator overseeing Terraform Labs’ liquidation. The complaint alleges Jane Street used non-public information obtained from Terraform Labs insiders to front-run trades tied to the collapse of Do Kwon’s Terra-Luna ecosystem, according to The Wall Street Journal.

The Terra-Luna implosion in 2022 is widely seen as a key catalyst for the broader crypto downturn and bear market that followed. More recently, bitcoin had slid from an all-time high above $120,000 in October to below $65,000 before Wednesday’s rebound.

"The bogeyman is gone. That's the vibe right now on crypto Twitter and in the price action today," Bloomberg Senior ETF Analyst Eric Balchunas wrote on X, referencing speculation that the 10 a.m. selling pressure had faded. "Is eliminating it enough for a sustained rebound? I guess we'll find out."

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
source: https://www.tradingview.com/news/the_block:944ead225094b:0-bitcoin-ethereum-and-solana-rally-as-analysts-flag-pause-in-10-a-m-dump-after-jane-street-lawsuit/

Key takeaways:

Bitcoin bulls need a 9% rally from current levels to take the advantage in Friday’s $10.5 billion options expiry.

The 90% correlation between Bitcoin and the Nasdaq 100 Index shows that tech investor sentiment drives market confidence.

Bitcoin (BTC) price surged to an eight-day high on Wednesday, successfully forming a double bottom near the $62,500 level. Despite these recent gains, Bitcoin price remains 21% lower than it was one month ago, suggesting bulls are unlikely to come out ahead during Friday’s $10.5 billion monthly BTC options expiry. Whether bulls can flip the tables at the last minute and shift momentum back in their favor remains up in the air.

Deribit remains the dominant leader with a 76% market share, totaling $4.5 billion in call (buy) options and $3.4 billion in put (sell) instruments. OKX follows in second place with $610 million in calls and $385 million in puts, representing 10% of the aggregate total. CME rounded out the top three with $255 million in calls and $287 million in puts, accounting for a 5% market share.

Put options are better positioned despite having less open interest

At first glance, the aggregate put options open interest appears 25% lower than equivalent call options. However, a more granular view reveals that neutral-to-bullish strategies were caught off guard by Bitcoin’s sharp decline below $75,000 in early February. 88% of call options on Deribit will expire worthless if the Bitcoin price remains below $70,000 on Friday.

Even when discarding calls targeting $105,000 and higher, which are typically part of complex multi-leg strategies with lower acquisition costs, only 37% of the remaining bets sit below $75,000. Realistically, this puts the effective call options open interest on Deribit at roughly $780 million. Given these current conditions, it is worth analyzing whether bearish traders have now overplayed their hand.

$1.44 billion in put options open interest on Deribit targets Bitcoin prices below $60,000, although it is unlikely that bets at $40,000 and $45,000 effectively aimed for those specific levels. Calendar strategies and ratio spreads are typically associated with extreme price targets, as they do not require a price crash to achieve profitability.

Put options at $72,000 and above total $1.15 billion in open interest on Deribit, which is more than enough to offset existing call options. Although Bitcoin’s decline toward $60,000 was likely not tied to macroeconomic trends, the relevance of Nvidia’s (NVDA US) earnings outcome after the US market close on Wednesday should not be understated.

The success of the artificial intelligence sector, particularly the sustainable operational margins of the world’s largest companies, remains decisive for every risk market. History suggests that Bitcoin’s correlation with the stock market seldom lasts long, but the fate of Friday’s $10.5 billion options expiry could be decided by stock market performance.

The current 90% correlation between Bitcoin and the Nasdaq 100 Index is clear evidence that the tech play is the leading driver of trader confidence, but as long as Bitcoin price remains below $75,000, the advantage continues to favor put options.

Below are three probable outcomes for Friday’s BTC options expiry at Deribit based on current price trends:

Between $65,000 and $69,000: The net result favors the put (sell) instruments by $1.15 billion.

Between $69,001 and $71,000: The net result favors the put (sell) instruments by $845 million.

Between $71,001 and $74,000: The net result favors the put (sell) instruments by $470 million.

Ultimately, Bitcoin bulls need a 9% rally from the present $68,800 level to flip the tables on the February options expiry.
source: https://www.tradingview.com/news/cointelegraph:7d50cdc40094b:0-bitcoin-s-upcoming-10-5b-options-expiry-may-end-bear-market-here-s-how/

Peter Schiff has a number. And he wants everyone to see it. The longtime gold supporter and Bitcoin critic took to social media this week to argue that when Bitcoin’s price is measured in gold rather than dollars, the flagship cryptocurrency has lost more than 66% of its value since hitting its all-time high in November 2021.

The Math Behind Schiff’s Claim

To make his case, Schiff reframed the comparison in a way that sidesteps the usual dollar-based charts. Back in November 2021, one Bitcoin could buy roughly 34.5 ounces of gold. Today, that same Bitcoin buys just 12 ounces — a drop of more than 64% in purchasing power relative to the precious metal.

The dollar figures tell a similar story, at least from that starting point. According to Schiff, a $10,000 investment in Bitcoin at the November 2021 peak would be worth around $9,100 today. That same $10,000 put into gold over the identical period would have grown to more than $27,000. Gold was trading near $1,770 in late 2021 and has since climbed past $5,000 — a gain of roughly 185%.

Bitcoin, by contrast, peaked at $69,000 during that same bull run. It has since pulled back sharply from a high of $126,200 reached in October 2025, and now sits around $63,000.

Bitcoin’s ‘Safe Haven’ Story Gets Complicated

For years, Bitcoin was pitched to investors as a modern alternative to gold — scarce, decentralized, and resistant to inflation. The idea was simple: fixed supply would protect wealth the same way gold has for centuries. But recent market behavior has put that story under strain.

When economic anxiety rises, many investors have continued to move money into gold rather than Bitcoin. Reports note that Bitcoin has, in several instances, moved more like a high-risk tech stock than a safe haven asset during periods of broader market stress. That pattern has made it harder for Bitcoin to claim the same defensive reputation that gold has built over a much longer history.

CNBC crypto commentator Ran Neuner has also weighed in on the subject, saying that the store-of-value case for Bitcoin now faces serious scrutiny.

Bitcoin supporters, for their part, push back on the framing. They point out that November 2021 was Bitcoin’s peak — about as unfavorable a starting point for comparison as one could choose. They also point out that the alpha crypto has climbed 320% from its cycle low of $15,000 in November 2023, while gold gained 150% over that same timeframe.

Cycles, Not Trends, Say Bitcoin Supporters

Reports say Bitcoin advocates cointend the crypto has always moved through boom-and-bust cycles, with steep recoveries typically following major beat-downs. Supply halvings, shifts in available liquidity, and swings in investor sentiment have historically been the impetus to those rebounds.

From that view, the current stretch of underperformance against gold is seen as a normal part of Bitcoin’s cycle rather than a permanent reversal. Bitcoin completed a full market cycle last year, and a period of price correction is consistent with its historical behavior.

Still, the gap between gold’s steady climb and Bitcoin’s volatile ride has given critics plenty of material. Schiff, who has maintained his skepticism of Bitcoin for well over a decade, shows no sign of changing his position anytime soon.

Featured image from Unchained Podcast, chart from TradingView
source: https://www.tradingview.com/news/newsbtc:d7e2f94bf094b:0-peter-schiff-says-bitcoin-has-never-beaten-gold-since-2021/

Hut 8 (HUT) reported a fourth-quarter net loss Wednesday of $279.7 million, from income of $152.2 million a year earlier.

Revenue for the quarter ended Dec. 31 was $88.5 million, compared with $31.7 million in the same period a year earlier.

In its earnings report released Wednesday, Hut 8 said compute revenue for the three-month period totaled $81.9 million, up from $19.2 million a year earlier. The company did not disclose quarterly Bitcoin (BTC) production or sales figures.

Operating results were affected by a $401.9 million loss on digital assets in the quarter, compared with a $308.2 million increase a year earlier.

Hut 8 said it ended the year with about $1.4 billion in cash and Bitcoin reserves and up to $400 million in revolving credit capacity.

During the quarter, the company signed a 15-year lease for 245 megawatts of AI data center capacity at its River Bend campus valued at $7 billion. The agreement includes payments financially backstopped by Google and builds on Hut 8’s broader expansion into AI and high-performance computing infrastructure.

The company also completed the sale of a 310 MW natural gas portfolio in February and said it launched American Bitcoin Corp. as a separately listed vehicle focused on Bitcoin accumulation.

According to BitcoinTreasuries.NET data, Hut 8 holds 13,696 BTC, ranking it among the larger public Bitcoin holders. Shares were down about 4.5% at last look in Wednesday morning trading. Industry tracker CoinShares Bitcoin Mining ETF (WGMI) was up less than 1%.

AI and infrastructure initiatives stoke mining stocks gains

Even as Bitcoin has fallen to about $68,150 from about $87,500 at the start of the year, per CoinGecko data, shares of most of the biggest publicly traded Bitcoin miners by market capitalization have posted year-to-date gains.

TeraWulf is up more than 50% this year, while Riot Platforms and Hut 8 have advanced about 30% and 29%, respectively, according to data from BitcoinMiningStock.io.

The divergence suggests investors may be valuing miners not solely on Bitcoin price exposure, but increasingly on their energy infrastructure and data center strategies.

In August, TeraWulf signed 10-year colocation leases with AI infrastructure provider Fluidstack valued at $3.7 billion. Google is backing about $1.8 billion of the lease obligations and providing debt financing, receiving warrants for about 41 million WULF shares, or about 8% of the company.

Last week, activist investor Starboard Value urged Riot Platforms to speed up its push into high-performance computing and AI data centers, saying Texas-based development could unlock $9 billion to $21 billion in equity value. Starboard holds about 12.7 million Riot shares.

Other miners are also repositioning toward AI-linked infrastructure. CleanSpark, Core Scientific, HIVE Digital and MARA Holdings have repurposed portions of their infrastructure or outlined similar AI and high-performance computing initiatives.

Cango said it sold $305 million worth of Bitcoin on Feb. 9, in part to finance its planned expansion into AI and HPC.
source: https://www.tradingview.com/news/cointelegraph:0ba65e8a9094b:0-hut-8-swings-to-q4-loss-compute-revenue-contribution-increases/

Bitcoin (BTC-USD) finally caught a bit of a break Wednesday, climbing 4.5% to around $67K after four straight days of losses that had pushed nerves across the crypto market.

The rebound comes after Bitcoin slipped to $62,858 on Tuesday, capping what has been its worst start to a year on record. Even with the bounce, BTC is still down roughly 50% from its late 2025 all time highs. Much of the pressure has come from continued outflows in spot Bitcoin ETFs like IBIT, FBTC and GBTC, which have signaled cooling institutional demand. That said, Feb. 24 saw the strongest daily ETF inflows since Feb. 10, suggesting some buyers may be stepping back in.

The relief wasn't limited to Bitcoin. Ether (ETH-USD) jumped 7.5% to about $2K, Solana (SOL-USD) gained 8%, and Bitcoin Cash (BCH-USD) rose 6.7%. Analysts at MarketPulse by OANDA Group pointed out that 50% to 75% corrections have historically been part of crypto's boom and bust rhythm, often preceding major rallies.
source: https://www.tradingview.com/news/gurufocus:1e5261027094b:0-bitcoin-tries-to-regain-its-footing/

Bitcoin (BTC) rallied to a weekly high of $68,600 on Wednesday, surging from lows near $62,400 in less than 24 hours. The rebound aligned with a renewed spot Bitcoin exchange-traded fund (ETF) inflows and firmer macroeconomic sentiment after the recent US policy signals helped steady broader risk markets.

Derivatives data shows that BTC’s open interest is falling and funding rates are staying relatively contained, indicating the move was largely driven by spot demand rather than a buildup of leveraged positioning.

Bitcoin receives a macro boost and a positive ETF flip

US President Donald Trump’s State of the Union address on Tuesday evening framed the first 12-months of his leadership as an “economic turnaround for the ages,” highlighting falling mortgage rates and a 1.7% decline in core inflation over the final three months of 2025.

Markets interpreted the remarks as a sign of reduced near-term policy uncertainty following tariff and Supreme Court volatility, lifting the risk appetite across equities and crypto.

The US spot Bitcoin ETFs recorded $257.7 million in net inflows on Feb. 24, ending five consecutive weeks of redemptions totaling $3.8 billion. Fidelity drew roughly $83 million, and BlackRock’s iShares Bitcoin Trust added close to $79 million.

Related: Bitcoin daily gains near 5% as analysis eyes bullish 'rotation' from gold

Bitcoin futures data clears excess downside risk

As Bitcoin trades near $69,000, futures data shows that its aggregated open interest has stabilized around 235,167 BTC, after previously reaching levels above 240,000 BTC earlier in the week.

The drop in open interest suggests that the excess leveraged positioning has already been flushed out during the recent volatility.

At the same time, aggregated funding rates remain slightly negative at -0.0037%. Negative funding indicates that short positions are still paying longs, signaling that traders are not aggressively chasing upside exposure despite the price rally.

This combination of cooling open interest and negative-to-neutral funding points to a market that has reset leverage rather than overheated. The rally toward $69,000 appears to be occurring without an aggressive buildup of long positioning.

The cumulative volume delta (CVD) has edged higher, showing that spot buyers are stepping in and are one of the primary drivers of this rally.

Market analyst BackQuant noted that derivatives activity is still playing a large role, and options data shows that dealers, the firms that sell options and hedge their exposure, are holding what’s known as positive gamma.

When gamma is positive, dealers tend to buy as the price falls and sell as the price rises to stay hedged. That behavior can smooth out volatility and slow sharp breakouts in either direction.

Likewise, trader LP also pointed to BTC’s order book dynamics around the $60,000–$63,000 region, where strong bid pressure previously absorbed selling. Since tapping that zone, the price has expanded roughly 8% to the upside.

The trader added that if sell pressure builds again at these levels, it may signal a slowdown in buy-side aggression and trigger another lower reversal.

Related: Anchorage buys STRC as Wall Street shorts mount against Saylor’s Bitcoin proxy
source: https://www.tradingview.com/news/cointelegraph:611d22595094b:0-bitcoin-tops-68k-after-stock-market-rebound-strong-earnings-data-boost-risk-appetite/

Shares of GD Culture Group (Nasdaq: GDC) jumped nearly 15% Wednesday after the company’s board approved the sale of its 7,500 bitcoin reserve, currently worth about $510 million, more than double the firm's $210 million market capitalization.

The board authorized the liquidation to fund a previously announced $100 million share repurchase program disclosed on Feb. 18, which is expected to be executed over the next six months.

The move underscores a striking valuation mismatch: GD Culture’s bitcoin holdings alone exceed the company’s entire equity value, even before accounting for its operating businesses. GD's market cap-to-net asset value ratio (mNAV) sits around 0.5, one of the worst among corporate bitcoin holders, according to The Block’s data.

Nevada-based GD Culture Group operates through subsidiaries AI Catalysis and Shanghai Xianzhui Technology Co., focusing on AI-driven digital human technology and live-streaming e-commerce.

With 7,500 BTC on its balance sheet, the company ranks among the 15 largest corporate treasuries.

In May 2025, GD Culture sold up to $300 million in shares to finance its crypto treasury strategy, which included purchases of bitcoin and the TRUMP memecoin. Later that year, the company said it would add 7,500 BTC to its long-term digital asset reserve following its acquisition of Pallas Capital.

For the nine months ended Sept. 30, GD Culture reported net income of $9.6 million, compared with a net loss of $14.1 million in 2024.

"Digital asset treasuries (DATs) are beginning to show signs of stress from the sharp sell-off in bitcoin, which is affecting their share prices," Coin Bureau co-founder Nic Puckrin told The Block earlier this week.

GDC shares were trading up about 10% to $3.70 at publication time.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
source: https://www.tradingview.com/news/the_block:d1a2e49fe094b:0-gd-culture-to-liquidate-7-5000-bitcoin-hoard-for-share-repurchase-as-mnav-discount-widens/

Cardano was trading at $0.29, up 11% in the past 24 hours as Bitcoin reclaimed $67,500 and top altcoins like Ethereum, XRP, and Solana moved towards key levels.

Crypto market's bounce pushed the global market cap to $2.33 trillion, up 5% in the past 24 hours.

The ADA token was trading higher on rising daily volume, and the uptick suggested bulls are ready to test supply zones above the recent hurdle around $0.30.

Gains see Cardano price extend its weekly uptick as data suggests large holders have used recent selling bouts to add to their holdings.

Whales accumulate Cardano despite price crash

Cardano's native token is among the top altcoins whose price trajectory suffered downward acceleration following the October 10, 2025, crypto crash.

ADA fell from near $0.88 during the dump to lows of $0.63, and then plummeted further as the bloodbath on Feb 5 sent prices to $0.24.

Unsurprisingly, whales have aggressively accumulated the altcoin through this downtrend.

On-chain analytics from Santiment highlighted this scenario via a post on X.

According to details, wallets holding 100,000 to 100 million ADA have amassed substantial tokens over recent months.

These whales and sharks have essentially tapped into the downturn to buy low, with large holders buying more than 819 million ADA over the past six months.

The accumulation amounts to over $213 million over the period, despite Cardano’s price falling by more than 71%.

Buying aligns with the sentiment among high-conviction investors, and such activity has typically marked late bear phases.

As resilient holders absorb supply from panicked retail traders, the price consolidates above the given support and allows for a notable reversal amid favourable market conditions.

In this case, a shift in macro headwinds and broader crypto resilience stand as crucial factors.

The bullish outlook may also strengthen amid ecosystem developments, including DeFi adoption and ETF traction.

Cardano price technical analysis

ADA's daily chart reflects a multi-month bearish trend with lower highs and lows since prices peaked at $1.01 in August 2025.

The crash in October accelerated the plunge below $0.80, with Cardano trading below the 20- and 50-day exponential moving averages since.

Bulls’ attempt for an upside faded around $0.42 in January 2026, with the 50 EMA acting as a robust supply wall area.

Despite this, the RSI has pierced the 50 mark after bouncing off oversold conditions.

This is likely to ease selling pressure. Cardano price on the daily chart also boasts a bullish MACD.

Bitcoin's surge to $67,500 means a breakout to $70k could follow. ADA bulls can capitalize if volume confirms a close above the 50-day EMA.

Further short-term recovery could see buyers eye $0.50.

Currently, the $0.27–$0.28 level acts as key support, while the moving averages serve as overhead resistance at $0.31 and $0.48.
source: https://www.tradingview.com/news/invezz:26721e1e8094b:0-cardano-jumps-11-amid-btc-bounce-can-ada-accelerate-gains/

After spending the last few days in a downtrend, Bitcoin price recovered from oversold levels, supported by a significant return of institutional interest and positive reception to President Trump’s State of the Union address.

The total crypto market cap is up over 4.5% in the past 24 hours and has stabilised around $2.35 trillion at press time.

This recovery follows a period where the global market cap had tested monthly lows near $2.19 trillion, effectively forming a double bottom structure that analysts believe could pave the way for a continued relief rally toward the $2.5 trillion mark.

Risk sentiment improved noticeably overnight, as evident on the crypto fear and greed index, which was up three points to 11.

While the score remains firmly within the extreme fear category, the slight uptick suggests that the peak panic selling seen earlier in the week has begun to exhaust itself.

Risk on mood seemed to be back at least in the short term as Altcoins fared relatively better, with almost all of the high caps trading in green.

Ethereum and XRP led the market bounce, while Solana and other major Layer 1 tokens recovered from their recent local bottoms.

Why is Bitcoin price up today?

Bitcoin price reclaimed a key support level above $65,000 after a convergence of macro relief, technical stabilization and renewed institutional demand shifted the tone of the market.

A favourable reaction to President Donald Trump’s State of the Union address acted as an immediate catalyst.

Markets interpreted the administration’s emphasis on low inflation and strong employment as a signal of underlying economic resilience, prompting a return to risk assets.

US equities rallied in response, with the Nasdaq and S&P 500 closing higher, and that strength flowed directly into crypto markets, where Bitcoin continues to trade in close alignment with tech-heavy benchmarks during periods of heightened macro sensitivity.

Trade policy developments added another layer of support.

A recent Supreme Court ruling that curtailed the administration’s use of emergency powers to impose reciprocal tariffs briefly eased fears of further escalation in global trade tensions.

Although a separate 15% global tariff was later introduced under different authority, the initial legal setback helped cool immediate volatility.

As a result, the Bloomberg Dollar Spot Index edged lower, providing a tailwind for Bitcoin, which historically benefits from dollar softness.

Meanwhile, after five consecutive weeks of net outflows totalling nearly $3.8 billion, US listed spot Bitcoin ETFs recorded $258 million in net inflows.

Fidelity’s Wise Origin Bitcoin Fund attracted $83 million, while BlackRock’s IBIT drew in $79 million, marking the strongest single-day performance since early February.

Such inflows suggest that professional investors may be shifting from de-risking to selective accumulation at lower levels.

Simultaneously, the Bitcoin Coinbase Premium Index flipped positive for the first time since mid January, indicating that US-based buyers were stepping in aggressively enough to push Coinbase prices above those on offshore exchanges.

Market participants widely view this metric as a proxy for institutional and high-net-worth demand.

Further, tensions between the United States and Iran appeared to stabilise after reports emerged of renewed diplomatic engagement, reducing immediate fears of escalation.

That cooling in geopolitical risk coincided with improved performance in equities and commodities such as silver, reinforcing a broader risk on tone.

Technical conditions had also set the stage for a rebound. Bitcoin entered the week in deeply oversold territory, with indicators such as RSI hitting levels that have marked previous cycle bottoms.

Bitcoin RSI. Source: Crypto Rover on X.

Strong support near the $60,000 to $62,000 zone held firm, and reports indicate that smaller investors accumulated roughly 31,000 BTC during the drawdown.

Whales are also stepping in, according to some market watchers. https://twitter.com/TedPillows/status/2026664304959717428?s=20

As price stabilised, a wave of short liquidations, totalling more than $300 million across the broader market, contributed to a modest squeeze that accelerated the move higher.

Will Bitcoin price go up?

Despite today’s recovery rally, Bitcoin remains within a multi-week consolidation range, with resistance near $68,500 still intact.

Options markets continue to price downside protection aggressively, signalling that hedging demand has not fully subsided.

From here, Bitcoin price will have to secure a sustained daily close above the $68,500 level to shift the prevailing technical narrative from a defensive bounce to a more constructive trend.

Reclaiming this specific threshold is essential because it represents the lower boundary of the previous consolidation range that was lost during the mid-month correction.

Until this level is turned back into support, the market remains susceptible to a double-top formation on shorter timeframes, which could trap late buyers and lead to a retest of the $60,000 psychological floor.

Analysts are closely watching the $71,300 mark as the definitive gatekeeper for a solid recovery. See below. https://twitter.com/CryptoTA_King/status/2026671353299075172?s=20

A breakout beyond this upper boundary, backed by rising spot volume rather than just derivatives liquidations, would signal a genuine return of long-term demand.

Such a move would likely flip the 25-delta risk reversal back toward positive territory, indicating that traders are once again willing to pay a premium for upside calls.

Successfully holding this level would effectively invalidate the recent bearish structure and open the door for an assault on the $75,000 supply zone.

However, failure to clear the $68,500 resistance followed by a breakdown below $64,000 would confirm that the recent price action was merely a dead cat bounce.

If the price fails to generate follow-through momentum and slips back under the $65,000 support, it would suggest that the underlying sell pressure remains dominant.

At press time, Bitcoin bulls had pushed prices above $67,000 with gains of over 6% on the day.

Altcoin market recovers

The altcoin market cap rose over 11% to $1.05 trillion at press time.

Ethereum (ETH) led the altcoin rally with gains of nearly 9% to $1,972, while other major cryptocurrencies such as XRP (XRP), BNB (BNB), Solana (SOL), and Dogecoin (DOGE) posted gains between 5-10%.

Nearly all of the top 100 crypto assets by market cap were in the green as investors bought the recent dip.

Meanwhile, some market watchers pointed to a widely shared chart tracking altcoins’ relative strength against Bitcoin, noting that alts have remained in a multi-year downtrend versus BTC since 2022.

Analysts say the structure is now pressing right up against that descending resistance, with relative strength close to a potential breakout level.

TOTAL2/BTC ratio. Source: Crypto Seth on X.

A confirmed move above this trendline could mark a shift in capital rotation toward altcoins

Top altcoin gainers

Morpho (MORPHO) led the altcoin recovery by rallying 25% following the integration of Morpho vaults in Safe, which enables yield generation via Société Générale's MiCA-compliant EURCV stablecoin.

Concurrently, Celo has adopted Morpho’s modular infrastructure to boost its DeFi ecosystem.

VIRTUAL surged 20% today, fueled by its x402 micropayment engine and a $1 million monthly incentive for top-performing AI agents.

The rally has been further bolstered by the launch of Eastworld Labs which expands the protocol's reach into humanoid robotics.

Meanwhile, the protocol has also started directing a significant portion of ecosystem revenue towards buying back and burning VIRTUAL tokens to drive deflationary pressure.

For Polkadot (DOT), its 19% rally comes as investor anticipation builds for its first-ever inflation halving in mid-March, a milestone set to slash new token issuance by 50%.

The token’s rally is further amplified by growing speculation surrounding potential Spot Polkadot ETF filings, with institutional heavyweights like Grayscale and 21Shares rumoured to be exploring DOT-based products.

source: https://www.tradingview.com/news/invezz:6bbed6374094b:0-bitcoin-price-retakes-67-000-after-trump-speech-lifts-risk-appetite/

Crypto analyst BitQuant has commented on why market participants are not buying Bitcoin and Ethereum despite the recent lows. This comes amid current market weakness, with the on-chain analytics platform CryptoQuant warning of a deeper decline.

Why Investors Are Not Buying The Bitcoin and Ethereum Dip

In an X post, BitQuant noted that no one, except Saylor’s Strategy, is buying Bitcoin at $65,000 because of reports that the U.S. may attack Iran. He added that if that happens, many believe that BTC will drop to $50,000, which is why they are not buying. Ethereum is expected to drop further if BTC declines.

The analyst noted that these market participants are forgetting that Bitcoin fell from $90,000 to $60,000 without any news or headlines, and that they consider this nuance unimportant. As such, he suggested that BTC and Ethereum could still see lower prices, whether or not the U.S. attacks Iran.

However, BitQuant indicated that current prices do not matter in the long-term as Bitcoin and possibly Ethereum are likely to trade higher. He stated that many still don’t understand that BTC is a system and that they only see it as an asset. The analyst added that for many, BTC resembles a football match where they celebrate when there is a goal and leave the stadium when there isn’t.

Bitcoin, Ethereum, and the broader crypto market are currently facing downside pressure not only due to a potential U.S. attack on Iran but also due to the uncertainty around the Trump tariffs. The U.S. president over the weekend announced plans to hike the global tariff rate from 10% to 15% after the Supreme Court ruled against the tariffs under the International Emergency Economic Powers Act (IEEPA).

BTC Could Still Drop Below $40,000

A CryptoQuant analysis recently suggested that Bitcoin could still drop below $40,000 to around $38,900, which is the long-term holders’ (LTHs) cost basis. The analysis also alluded to historical precedent, noting that each bear market has been characterized by BTC’s price breaking below its cost basis. This triggers a final capitulation phase marked by realized losses of around 20%.

The analysis also noted that it is only after this phase that the market has been able to rebuild the necessary foundations for a trend reversal, with Bitcoin and Ethereum reaching new highs. Meanwhile, another CryptoQuant analysis mentioned that the Coinbase Premium Index shows limited signs of recovery.

The index’s 30-minute simple moving average had briefly crossed above the zero level but failed to maintain the momentum into the new week. CryptoQuant stated that this lack of sustained recovery in the premium, despite the temporary uptick, is considered a potential trigger for the recent downward price action.
source: https://www.tradingview.com/news/newsbtc:6a7f50137094b:0-why-investors-are-not-buying-bitcoin-and-ethereum-despite-low-prices/

Bitcoin
BTCUSD
hit $67,000 at Wednesday’s Wall Street open as bulls shook off fresh US tariff pledges.

Key points:

Bitcoin enjoys a sustained rebound as BTC price action rises above $67,000.

A key long-term trend line now comes back into view, with the weekly close in focus.

Gold analysis reveals a developing RSI divergence with Bitcoin.

BTC price sets up rematch with 200-week trend

Data from TradingView showed daily BTC price gains hitting 4.5% as a local rebound continued.

Bitcoin appeared unfazed by an announcement from U.S. Trade Representative Jamieson Greer over 15% tariffs, which could become reality “within the coming days.”

“So right now, as we talked about, 10% is in place. There will be a proclamation raising it to 15% where appropriate,” he told Bloomberg.

Tariff headlines often spark volatility on crypto markets, with their impact nonetheless cooling in recent months.

Already enjoying respite from sustained selling pressure,
BTCUSD
thus approached a key long-term level in the form of the 200-week exponential moving average (EMA).

As Cointelegraph reported, BTC price losing the level as support has become a classic bear market signal.

Commenting, trader and analyst Rekt Capital repeated analysis from earlier in February, suggesting that the upcoming weekly close should be above the 200-week EMA, now at $68,330.

Trader Castillo Trading also eyed weekly time frames, with a potential upside target near $74,500 — Bitcoin’s 2025 yearly lows.

Bitcoin teases RSI bullish divergence versus gold

As gold ranged above the $5,000 per ounce mark, meanwhile, crypto trader, analyst and entrepreneur Michaël van de Poppe saw reason for Bitcoin bulls to stay optimistic.

“Interesting enough; There's a strong bullish divergence on the daily chart of $BTC vs. Gold,” he told X followers on the day, referring to the relative strength index (RSI).

“It's not confirmed, but given the recent strength (today and yesterday) in Bitcoin, I think a slight rotation is starting. It's about time.”

Such a turnaround in capital flows would upend market opinions from earlier in the year.

As Cointelegraph reported, analysis even concluded that Bitcoin had lost its quest to be “digital gold” with its comedown from October 2025 all-time highs.
source: https://www.tradingview.com/news/cointelegraph:29daf5db6094b:0-bitcoin-daily-gains-near-5-as-analysis-eyes-bullish-rotation-from-gold/

Key points:
Strategy now has about 14% of its market cap sold short, the highest among U.S. large-cap stocks, per Goldman Sachs data.
MSTR’s stock has dropped approximately 65% over the last six months, following fluctuations in cryptocurrency prices.
Retail opinion on Stocktwits remained split, while analysts continue to predict an upside of more than 216% in the next 12 months as a possible target.
Strategy (MSTR) has become the most shorted U.S. large-cap stock, with roughly 14% of its market capitalization sold short as of late January, according to Goldman Sachs data cited by the Financial Times.

A year earlier, the company was not even among the top 50 most shorted names in that category. Other heavily shorted large-cap stocks included Charter Communications Inc. (CHTR) and Coinbase Global Inc. (COIN).

Bitcoin Exposure Is Driving Volatility

Strategy remains the largest institutional holder of Bitcoin (BTC), with about 717,722 BTC on its balance sheet. The stock has fallen around 65% over the past six months, tracking the volatility in the crypto markets.

On Wednesday, Strategy (MSTR) stock was up 20% during pre-market hours. On Stockwits, the retail sentiment around MSTR moved from ‘bearish’ to ‘neutral,’ as chatter levels around it remained ‘extremely low’ over the past day.

Retail commentary on Stocktwits remained mixed. One user questioned the company’s Bitcoin-focused approach even as the asset price has declined below the $65,000 mark. “The investment itself feels like a scam, designed to take your money while keeping the economy from stabilizing. They keep buying BTC with investors’ funds and abandon you until you exit at a loss,” the user wrote.

https://www.stocktwits.com/OenPro/message/645810123

Analysts Still See Massive Upside

Despite the short interest ranking, analyst sentiment remains largely positive.

Analysts see an upside of over 200%, with a 12-month price target of $394.38, compared to the current price of about $131. According to Koyfin, of the 14 analysts covering the stock, two gave the company a ‘Strong Buy’, one a ‘Hold’, and all the remaining analysts rated it a ‘Buy’.

MSTR stock has declined by more than 16% year to date.
source: https://www.tradingview.com/news/stocktwits:183efd4d2094b:0/

Bitcoin and other cryptocurrencies rise, supported by improved sentiment in U.S. equities and easing concerns about the disruption of artificial intelligence, Saxo Bank analysts say in a note. However, spot exchange-traded funds show a more cautious tone, with bitcoin and ether ETFs slightly softer, they say. "This divergence suggests that while risk appetite is returning, institutional ETF flows are not yet signaling aggressive accumulation." While prices are rebounding, positioning remains disciplined, they say. Bitcoin rises 4.7% to $67,053. Ether gains 7.9% to $2,005. (renae.dyer@wsj.com)
source:https://www.tradingview.com/news/DJN_DN20260225007386:0/

Bitcoin has lost nearly 30% of its value since January. Yet Coinbase CEO Brian Armstrong is making the case that it remains one of the most powerful tools ordinary people have to fight rising prices. That gap between the pitch and the reality is hard to ignore.

Armstrong laid out his argument in a post on X, and later repeated it at the World Liberty Forum, an event hosted by the family of US President Donald Trump.

The logic is straightforward: inflation quietly destroys the purchasing power of cash. Wealthier people protect themselves by moving money into stocks, real estate, and Bitcoin. People without access to those same options get hit hardest and have no way out.

A Fair Point, Pushed Too Far?

It is a legitimate observation. Economists have made similar arguments for years — that inflation acts like a hidden tax on those with the least. Armstrong is not wrong about the problem. The prescription, though, is harder to defend.

Bitcoin does not move like a slow, grinding inflation rate. It can drop 20% in a single week. For someone with no financial cushion, that is not protection. That is exposure to a different kind of loss — one that can happen far faster than any inflation rate ever could. The volatility is not a minor detail. It is the central flaw in the argument.

The Law That Could Shift Things

The more grounded part of Armstrong’s message involves legislation. The CLARITY Act, currently being debated in Congress, aims to define how digital assets are regulated in the US — which agencies hold authority and under what conditions. US Senator Bernie Moreno said lawmakers are pushing to pass the bill by April.

Armstrong, speaking at the forum, called a balanced version of the bill a potential win for crypto firms, banks, and consumers alike. Talks have focused on stablecoins and whether they can offer competitive yields without running into existing banking rules.Keeping Pace With China

Armstrong also raised the stakes internationally. China is advancing a government-backed digital currency that pays interest. His message to US regulators was direct: fall behind on stablecoin policy, and America loses ground in a competition it should be leading.

It is a real concern — even if his inflation argument leaves something to be desired.

Featured image from Pixabay, chart from TradingView
source: https://www.tradingview.com/news/newsbtc:7ec4bacc6094b:0-is-bitcoin-the-poor-man-s-hedge-against-inflation-coinbase-ceo-thinks-so/

Truist Financial Corp
TFC
:

TRUIST WEALTH EXPANDS INVESTMENT SOLUTIONS WITH CRYPTOCURRENCY

TRUIST FINANCIAL: TO OFFER TWO SEC-REGISTERED SPOT BITCOIN EXCHANGE‑TRADED FUNDS SPONSORED BY FIDELITY AND BLACKROCK

TRUIST FINANCIAL: ETFS ALSO AVAILABLE THROUGH TRUIST TRADE, OFFERING FOR CLIENTS INTERESTED IN SELF-DIRECTED REAL-TIME TRADING
source:https://www.tradingview.com/news/reuters.com,2026:newsml_TUA6Z8NK9:0-truist-wealth-expands-investment-solutions-with-cryptocurrency/

GD Culture Group Ltd
GDC
:

GD CULTURE ANNOUNCES BOARD AUTHORIZATION OF BITCOIN SALES TO FUND SHARE REPURCHASE PROGRAM

GD CULTURE GROUP LTD - AUTHORIZES SALE OF BITCOIN FROM 7,500 RESERVE

GD CULTURE GROUP LTD - PROCEEDS FROM BITCOIN SALES TO FUND SHARE REPURCHASE
source: https://www.tradingview.com/news/reuters.com,2026:newsml_TUA2SB1VK:0-gd-culture-announces-board-authorization-of-bitcoin-sales-to-fund-share-repurchase-program/

DDC Enterprise Ltd
DDC
:

DDC ADVANCES BITCOIN ACCUMULATION STRATEGY, HOLDINGS REACH 2,118 BTC
source: https://www.tradingview.com/news/reuters.com,2026:newsml_FWN3ZL1ML:0-ddc-advances-bitcoin-accumulation-strategy-holdings-reach-2-118-btc/