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Author: Benjamin Lee
Institutional investors just sold an overall total of $288 million in Bitcoin and crypto assets in one week, according to a new update from Coinshares. The outflows mark the fifth consecutive week of selling, bringing cumulative year-to-date outflows to $4 billion. Bitcoin drove the bulk of the selling with $215 million in outflows. Short-bitcoin products attracted $5.5 million in inflows, the largest of any asset. Ethereum posted the second-largest outflows at $36.5 million. Multi-asset products lost $32.5 million, while Tron recorded $18.9 million in outflows. Minor inflows hit select altcoins, with XRP gaining $3.5 million, Solana adding $3.3 million and…
USD1, a stablecoin affiliated with President Donald Trump, just briefly dipped below its $1.00 price peg. The asset slipped to $0.9942 on Monday morning, before regaining its peg within a couple of hours. The decentralized finance (DeFi) project World Liberty Financial (WLFI), which issues USD1, attributed the volatility to a “coordinated attack” from hackers. “Attackers hacked several WLFI cofounder accounts, paid influencers to spread FUD, and opened massive WLFI shorts to profit from the manufactured chaos. It didn’t work. Thanks to USD1’s sound mint-and-redeem mechanism and full 1:1 backing, we are trading steadily at par. No scammer can shake the…
Institutional investors just bought an overall total of $1 billion in Bitcoin and crypto assets in one week, according to a new update from Coinshares. The inflows mark a reversal from a five-week streak of outflows totaling $4 billion. Bitcoin dominated the buying, drawing $881 million. Ethereum followed with $117 million in inflows, marking its strongest week since mid-January. Among altcoins, Solana led with $53.8 million. The rebound was broad-based geographically. The US accounted for the bulk at $957 million, Canada saw $34.1 million, Germany $31.7 million and Switzerland $28.4 million. CoinShares attributes the shift to recent price weakness and…
Institutional investors just bought an overall total of $619 million in Bitcoin and crypto assets in one week, according to a new update from CoinShares. The outflows came despite significant late-week outflows. Crypto products saw $1.44 billion in inflows during the first three days, then $829 million flowed out on Thursday and Friday amid market volatility tied to rising oil prices. Bitcoin led the gains with $521 million in inflows, while Ethereum drew $88.5 million. Solana added $14.6 million. Smaller inflows went to Uniswap and Chainlink at $1.4 million each. XRP was the outlier, with $30.3 million in outflows. Short-Bitcoin…
The world’s second largest insurance broker is teaming up with the crypto exchange Coinbase and the Paypal USD (PYUSD) issuer Paxos to support stablecoin payments for insurance premiums. Aon plc says that it successfully demonstrated a proof of concept for insurance premium payment using dollar-backed stablecoins. The firm says it worked with Coinbase and Paxos to settle premium payments for their respective insurance programs. The transactions were executed across several blockchain networks including USDC on Ethereum and PYUSD on Solana. Aon’s financial services group CEO Tim Fletcher says the insurance giant is the first mover in accepting stablecoins to settle…
Raydium price pumped more than 15% as bulls tested the $0.75 level. Gains come amid a notable jump in perpetuals volume on the Solana-based decentralized exchange. RAY’s daily trading volume exploded by more than 500%. Raydium trends as one of the top gainers in the crypto market in early trading on February 17, 2026, with the RAY token up 15% in the past 24 hours. The token’s dramatic surge aligns with an explosion in daily trading volume and a retest of $0.75, which sees bulls now target a potential rebound to the critical price level of $1. All this comes…
Cosmos price traded around $2.23 on Monday, Bulls eye a rebound to above $3 despite broader crypto market losses. A key bullish pattern signals the potential for an upside continuation. Cosmos (ATOM) faces continued sell-off pressure as overall sentiment threatens a sharper correction for altcoins. This is due to seller dominance as Bitcoin retests $65,000 amid macroeconomic pressures. However, while the latest downturn has seen bulls fail to decisively test sellers above $2.50, a potential double bottom formation suggests the altcoin could soon explode to a multi-month high. ATOM price today As of February 23, 2026, Cosmos (ATOM) was trading…
Terraform lawsuit vs Jane Street puts Terra Classic (LUNC) in focus. Terra Classic (LUNC) shows technical resilience, eyeing $0.00003925 short-term. 2026 price range is expected to be between $0.0000242 and $0.000510. The price of Terra Classic (LUNC) has been under the spotlight as legal tensions surrounding its parent company, Terraform Labs, continue to unfold. Investors are watching closely after news emerged that the administrator overseeing the wind-down of Terraform Labs has sued trading firm Jane Street. The lawsuit alleges the trading firm used non-public information from Terraform insiders to profit ahead of the collapse of TerraUSD in May 2022. This…
Centrifuge price exploded by more than 180% to hit highs of $0.25. The sharp rise followed as news of CFG trading going live on Upbit. Profit-taking threatens to wipe out all the intraday gains as the price hovers near $0.16. Centrifuge (CFG) has surged dramatically in the past 24 hours, posting gains of over 180% amid excitement over its listing on South Korea’s largest crypto exchange, Upbit. Notably, the rally aligns with broader market gains, as Bitcoin climbed about 7% to near $70,000 before settling around $68k as of writing. Several top altcoins also posted positive moves, including Ethereum’s uptick…
Internet Computer token ICP traded to highs of $2.58 to extend its uptick. Gains came amid a notable spike in volume as crypto prices bounced higher. ICP could target $4.00 or higher, though risks of a sharp pullback remain. Internet Computer (ICP) price has retested the pivotal supply zone above $2.50 as bulls edge higher from the seven-day low near $2. The retest occurs amid broader recovery efforts across the cryptocurrency market, with ICP among the top altcoin gainers on the day. With prices up 9% in the past 24 hours, and volume up 93% to over $125 million, it’s…
