Category: crypto
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Standard Chartered slashes Bitcoin target again on ETF outflows, Fed angst
Standard Chartered has once again lowered its long-term Bitcoin and Ethereum price targets for 2026 due to weak macroeconomic conditions, softer Fed-cut hopes, ETF outflows, and changing investor behavior. The bank’s head of digital assets research, Geoff Kendrick, highlighted these factors as key drivers for the downward revisions.
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Bitget’s Gracy AI brings CEO-style guidance to crypto market decisions
Bitget has launched Gracy AI, an animated digital human modeled on CEO Gracy Chen to provide guidance on market cycles, strategy, and career decisions for cryptocurrency users. The tool emphasizes leadership-oriented guidance over price predictions and is part of Bitget’s broader AI development roadmap within its UEX transformation initiative. Themed conversation modules are introduced for…
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Crypto-linked flows to trafficking services surge 85% in 2025, Chainalysis says
In 2025, Chainalysis reported an 85% increase in cryptocurrency flows to suspected human trafficking services, totaling hundreds of millions of dollars globally. Telegram-based escort services, scam-compound labor agents, prostitution networks, and CSAM vendors increasingly use stablecoins and privacy tools for cross-border payments. Blockchain transparency allows investigators to track transactions and link wallets to criminal groups.
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Ethereum apps can’t just pay their way to real adoption, Vitalik warns
Vitalik Buterin believes that crypto apps should focus on real utility and committed communities rather than relying on financial incentives for user growth. He warns against unsustainable reward structures and emphasizes the importance of creating useful applications to drive adoption in the cryptocurrency industry.
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DOJ warns of Valentine’s Day romance scams
The U.S. Attorney’s Office for the Northern District of Ohio warns of a rise in romance scams targeting people through online relationships, including requests for cryptocurrency payments. Scammers build fake relationships before asking for money, often under the guise of emergencies or investments. Officials advise not to send money to online partners.
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Binance’s CZ rejects “fake news” claim of 60,000 BTC BitMEX hedge profits
Binance founder CZ denies allegations that the exchange made over 60,000 BTC in profit by hedging client risk on BitMEX during the March 2020 crash. He calls the claim fake news and technically impossible. BitMEX and traders argue that the claim is unlikely due to operational constraints and lack of evidence.
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Coinbase launches wallets that let AI agents spend and trade crypto
Coinbase has launched Agentic Wallets, allowing AI agents to autonomously manage cryptocurrency without human approval. The wallets use the x402 protocol for machine-to-machine payments and support gasless trading on Coinbase’s Base network. Security features and compliance checks are included to balance autonomy with safety. This allows AI agents to hold funds, trade tokens, pay fees,…
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BlockFills halts deposits and withdrawals amid market stress
Crypto trading firm BlockFills has paused client deposits and withdrawals due to challenging market and financial conditions. Trading is still allowed. Bitcoin’s price volatility prompted the move. The firm is working to restore liquidity, emphasizing transparency and providing updates. Clients can still trade on the platform while restrictions are in place.
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US DOJ orders Paxful to pay $4M fine over illicit crypto transactions
The US Department of Justice fined Paxful $4 million for criminal conduct related to anti-money laundering checks. Paxful pleaded guilty to facilitating illegal transactions and moving $17 million in Bitcoin to illicit sites. The founders faced legal consequences, and the company permanently shut down due to compliance costs and legal issues.
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Thailand recognizes cryptocurrencies under the Derivatives Trading Act
Thailand has officially recognized cryptocurrencies like Bitcoin as underlying assets under the Derivatives Trading Act. The SEC will draft rules for crypto-linked derivatives and review licenses for exchanges and brokers. The amendments aim to promote market inclusiveness and allow investors to diversify their portfolios, including offering Bitcoin futures.