Category: crypto

ICP token trades near a mid-February supply zone after bouncing from a 7-day low, priced around the mid-$2 range with intraday volatility. Daily RSI and MACD suggest bullish momentum, but ICP is below its 50D and 100D SMAs. DFINITY’s proposal sends 80% of cloud engine revenue to node providers and burns 20% of ICP.

Two cryptocurrency projects, NIGHT and PIPPIN, are aiming to reach $1 billion market capitalizations by mid-2026. NIGHT, a privacy token on Cardano, is approaching this milestone with its Kūkolu mainnet launch in late March. PIPPIN, an AI-agent meme coin on SOL, has seen significant gains but faces risks from insider concentration and speculative trading.

Bybit is focusing on stablecoin yield and fixed-income products amid the Crypto Fear and Greed Index’s decline. They aim to provide users with stable income opportunities during market volatility. They believe the current market behavior indicates a shift towards protecting capital and generating sustainable yield. Bybit plans to offer up to $10 million in fixed-income…

Gate Technology Ltd, based in Malta, has obtained an MFSA PSD2 license, allowing it to expand payment and stablecoin services across the EU. This adds to their MiCA license for exchange and custody. Gate Technology Ltd is one of the few crypto-native firms to have this approval in Europe, with over 30-36 million registered users.

Circle sent 63% of Q4 USDC reserve income to distributors, compressing margins. The stablecoin issuer generated $733.4 million in Q4 reserve income, with USDC circulation reaching $75.3 billion. Distribution costs rose 52% YoY, with average USDC outstanding doubling. Circle’s net reserve margin settled at 37% in Q4.

An investigation revealed that employees at Axiom Exchange misused internal tools to access private user data for insider trading. The report implicated senior business development employee Broox Bauer in tracking private wallets and coordinating memecoin activity. Unusual betting on Polymarket raised suspicions of information leaks and market manipulation. Axiom responded by removing access to the…

BlockFills co-founder and CEO Nicholas Hammer steps down, Joseph Perry is interim CEO. The company faces $75 million loss and halts deposits and withdrawals due to market stress. Seeking sale or partnership, management seeks buyer to stabilize operations. Uncertain future in ongoing crypto bear market.

A YouTube star’s editor was fined over $20,000 and suspended from trading on the Kalshi platform for two years due to insider trading related to the creator’s event contracts. Kalshi’s disciplinary committee found the editor violated rules and failed to cooperate with the investigation. Beast Industries is conducting its own inquiry.

Two suspects have been arrested in South Korea for allegedly stealing 22 bitcoins that were held as evidence by the Gangnam Police Station. The missing bitcoins, valued at $1.5 million, were discovered during an audit of police custody practices. Law enforcement plans to implement stronger security measures for seized digital assets.

Jeff Park from Bitwise explains that Bitcoin has not reached $150,000 due to the structure of ETFs. Authorized Participants can hedge ETF exposure using futures instead of buying spot Bitcoin, weakening the link between ETF inflows and price appreciation. The shift to in-kind redemptions and OTC sourcing may mute Bitcoin’s upside potential.