Category: crypto

Bhutan has sold another 100 Bitcoin worth $6.7 million, marking its third consecutive week of Bitcoin transfers. The country holds around 5,600 BTC valued at $372 million, making it one of the largest sovereign Bitcoin holders. The sales are part of a gradual treasury management strategy, with structured deposits indicating ongoing activity.

Binance has launched its prepaid Mastercard crypto card in select CIS markets, allowing users to convert crypto to local fiat instantly. The card offers cashback rewards and a Valentine promo. U.S. prosecutors warn of romance-linked crypto scams during Valentine’s Day, advising caution with online partners and avoiding sending funds to unverified platforms.

China has expanded its cryptocurrency ban to include RMB-pegged stablecoins and tokenized real-world assets to prevent financial risks. The rules require prior approval for the issuance of stablecoins tied to the renminbi abroad. Meanwhile, Hong Kong is moving forward with plans to issue stablecoin licenses despite concerns raised by Chinese authorities.

Kalshi is partnering with Game Point Capital to enter the $9 billion sports insurance market, which is expected to double by 2030. Game Point executed basketball bonus hedges on Kalshi at lower prices than traditional OTC reinsurance rates. Kalshi aims to offer a cheaper, transparent alternative to traditional reinsurers like Lloyd’s of London.

Bitcoin dropped 50% from its high, leading investors to shift focus to AI and larger crypto assets. Market volatility is driven by Fed expectations and geopolitical tensions. Despite the drawdown, DeFi and real-world asset tokenization are growing. AI stocks are gaining attention, potentially becoming a major use case for blockchain in the future.

President Donald Trump’s approval rating has slipped to 45% in a new Morning Consult poll, with disapproval at 52%. While Republicans still support him, Democrats and Independents are skeptical. Critics are concerned about conflicts of interest from Trump’s family’s involvement in cryptocurrency. The disappointment extends to the crypto market, with some projects losing value.

Grayscale Investments has submitted an S-1 application to the SEC for an AAVE spot exchange-traded fund. AAVE, a decentralized finance protocol, recently decentralized its operational structure. Grayscale has not provided details on the proposed ETF’s timing or structure. The company manages billions in cryptocurrency assets and has filed similar applications in the past.

BlockTower founder Ari Paul believes the crypto markets are at a critical juncture, with two potential outcomes. One scenario is that the market has already peaked due to slow real-world adoption and mixed results from initiatives like El Salvador’s Bitcoin experiment. The other possibility is a broader correction within an upward trend, driven by distrust…

Cryptocurrency markets are changing, making it unlikely for most altcoins to reach their previous all-time highs due to liquidity issues and capital concentration in large-cap assets. The traditional four-year cycle models may no longer apply, with the market showing faster declines and potential earlier recovery, driven by institutional capital.

Web3 security firm CertiK was awarded “Best Security & Compliance Solution 2026” at the SiGMA AIBC Eurasia Awards. The company has expanded into the Middle East, offering institutional-grade crypto security from its Abu Dhabi branch. CertiK has partnered with ADGM regulators to provide enterprise security solutions via Skynet.