Hyperliquid launched a policy center in Washington on Feb. 18, seeded with 1 million HYPE tokens worth roughly $28 million, led by Jake Chervinsky, the crypto lawyer who spent years building the industry's Capitol Hill playbook. The Hyperliquid Policy Center operates as a 501(c)(4) focused on decentralized finance and perpetual derivatives. This isn't just another […]
The post If CLARITY stalls, on-chain perps stay offshore — and US traders get pushed out appeared first on CryptoSlate.
Digital asset treasuries are companies holding crypto on their balance sheets, often trading at discounts. M NAV is a metric for valuing companies relative to their crypto holdings. The decline in crypto prices has significantly impacted M NAVs, raising questions about equilibrium.
The post Steve Ehrlich: Digital asset treasuries are trading at deep discounts, M NAVs reveal market valuation challenges, and Ethereum’s staking makes it a superior asset | Unchained appeared first on Crypto Briefing.
Crypto’s reputation is improving, but investors still complain that their banks are blocking their accounts for interacting with digital assets.
Binance Coin (BNB) was also among the underperformers, down 0.5% from Wednesday.
Blockchain is so broad these days that it’s hard to keep pace with what’s happening within a single sector, never mind in every regional hotspot. If you’re not up to speed on the latest developments within the United Arab Emirates (UAE) then, you can be forgiven. But we really should set that to rights, because …
Quantum computing has become the latest all-purpose explanation for Bitcoin’s recent drawdown, but NYDIG says the numbers don’t back the narrative. In a Feb. 17 research note, NYDIG research head Greg Cipolaro argues that “quantum fears” are loud, but not a primary driver of the sell-off when you look at search behavior, cross-asset correlations, and broader risk positioning. Quantum Panic Didn’t Sink Bitcoin NYDIG frames “Cryptographically Relevant Quantum Computers” as the theoretical endgame risk investors keep circling. The problem is that market behavior doesn’t look like a repricing of an imminent existential threat. First, Cipolaro points to Google Trends. Search interest for “quantum computing bitcoin” did rise, he wrote, but the timing matters. “Search interest for ‘quantum computing bitcoin’ has risen, but notably this occurred alongside bitcoin’s rally to new all-time highs, not ahead of sustained weakness,” the note said. “In other words, heightened searches about quantum risk coincided with price strength rather than weakness. If the market were repricing bitcoin on an imminent technological threat, we would expect search intensity to lead or amplify downside risk, not accompany a period of gains.” Related Reading: Is Jane Street Manipulating Bitcoin? The Viral Theory Explained Second, NYDIG looks at how Bitcoin traded versus publicly listed quantum computing equities, specifically IONQ, QBTS, RGTI, and QUBT. If investors were rotating out of Bitcoin because quantum advances were “catching up,” you would expect quantum-linked stocks to diverge positively as Bitcoin falls. NYDIG says it saw the opposite. Bitcoin was positively correlated with those equities, and those correlations strengthened during the drawdown, suggesting a shared driver rather than a direct quantum-to-Bitcoin causality. NYDIG’s conclusion is blunt on that point. “The data provides no evidence that quantum computing is the proximate cause of bitcoin’s weakness, even if it is the dominant risk narrative at the moment,” Cipolaro wrote. “The more plausible explanation is a broader macro repricing of risk across long-duration, expectation-driven assets. Bitcoin’s recent drawdown appears more consistent with shifts in overall risk appetite than with any discrete technological catalyst.” Related Reading: Bitcoin Bearish Momentum Losing Steam? Analyst Flags Key Metric The mechanism NYDIG highlights is familiar to anyone watching liquidity regimes. Quantum computing firms, it argues, are long-duration, expectation-driven assets with minimal revenues and high EV/revenue multiples. Bitcoin, while structurally different, often trades as a long-duration bet on future adoption and monetary dynamics. When risk appetite contracts, both can get hit together. Meanwhile, NYDIG flags a divergence in derivatives markets that, in its view, better captures the current tape than quantum headlines. The 1-month annualized basis on CME has “persistently traded above” Deribit, which NYDIG uses as a proxy for onshore US institutional positioning versus offshore positioning. Structurally higher CME basis implies US desks have remained more constructive, while the sharper decline in Deribit’s 1-month basis points to rising caution offshore and reduced appetite for leveraged long exposure. At press time, Bitcoin traded at $66,886. Featured image created with DALL.E, chart from TradingView.com
Voltage launched a USD-settled Bitcoin Lightning Network revolving credit line following a $1 million institutional Lightning transaction.
Voltage has launched a US dollar‑settled revolving credit line that plugs directly into Bitcoin and Lightning payment flows, letting businesses send instant, Lightning‑style payments.
Soil has launched what it describes as the first compliant real-world asset-backed yield protocol on XRP Ledger for RLUSD.
The risk of human extinction due to uncontrolled AI development is significant, emphasizing the need for immediate action. Superintelligent AI systems could eventually surpass human dominance if proactive measures aren't taken. The evolution of AI is moving towards more autonomous agents, not jus...
The post Andrea Miotti: The risk of human extinction from uncontrolled AI is imminent, why superintelligence must be banned, and the urgent need for regulation | The Peter McCormack Show appeared first on Crypto Briefing.
What was witnessed in the MYX price isn’t just a dip. It collapsed severely. From an early February high of $6.94, the token has dumped over 80%, even slicing through a long-term ascending trendline that had been intact for months. This breach was the most unexpected, but it still occurred and even lost the crucial …
Carlo Kölzer says tokenization is not threatening but is reshaping traditional markets after the company's 360T platform integrates Kraken-backed xStocks.
History suggests the current move could lead to consolidation around the $60,000 region in the months ahead before the next leg upward.
The FGRD token represents common shares of the company issued natively onchain with instant settlement and built-in lending tools.
Homeownership plays a crucial role in community engagement and can lead to better life outcomes for individuals. Delayed homeownership among young people may impact wealth transfer and community stability in the long term. Rising transaction costs in home buying have significantly reduced housing...
The post Kaz Nejatian: Delayed homeownership threatens wealth transfer and community stability | The Pomp Podcast appeared first on Crypto Briefing.
One of the major hurdles in the way of DeFi has always been its lack of support for the more sophisticated trading mechanisms found in traditional finance, but that is changing with the rise of newer, Layer-3 infrastructure protocols. While the earliest decentralized exchange platforms were extremely innovative, a key limitation was that they could …
The French banking giant expands its euro stablecoin to a third blockchain, deepening institutional use of XRPL for compliant digital assets and onchain settlement
“Bitcoin going to zero” Google searches have spiked to their highest level since the FTX collapse, even as institutional buyers accumulate BTC and macro uncertainty hits record highs.
As the first two spot SUI exchange-traded funds (ETFs) debut in the US, some analysts have suggested that the cryptocurrency could be preparing for a massive recovery after bouncing from a crucial support level. Related Reading: BNB Chain’s AI Agent Ecosystem Surges As Crypto Markets Bleed SUI’s Institutional Momentum Expands On Wednesday, Grayscale and Canary Capital debuted the first two spot SUI ETFs, offering direct, regulated exposure to the cryptocurrency while allowing investors to benefit from staking rewards. Notably, Grayscale expanded its lineup of crypto-based products by converting its Grayscale SUI Trust into a spot ETF, which is now live on NYSE Arca under the GSUI ticker. According to the announcement, the fund is designed to “provide investors with exposure to SUI and its staking activity through an ETP, offering a convenient way to gain exposure to a network designed for scalable, real-world applications, and the next generation of digital experiences.” Krista Lynch, Senior Vice President, ETF Capital Markets, at Grayscale, affirmed that “GSUI’s launch on NYSE Arca marks an important milestone in expanding the range of exchange-traded products tied to the Sui ecosystem, including exposure to potential staking rewards.” Meanwhile, Canary Capital launched the first US spot ETF for the cryptocurrency on Nasdaq under the SUIS ticker. The Canary Capital Staked SUI ETF “brings that exposure into a regulated, exchange-traded structure, providing investors access to SUI and its staking reward potential,” stated Steven McClurg, CEO at Canary Capital. “Canary continues to deliver on its strategy to translate emerging blockchain networks into accessible, exchange-traded investment vehicles, and we’re pleased to add SUIS in the category,” he continued. The Sui Foundation highlighted that the latest launches added to a series of institutional milestones in the ecosystem, including multiple Sui-linked investment products and strategic initiatives from firms like 21Shares, Bitwise, and Franklin Templeton. SUI Preparing For Major Price Recovery? Amid the spot ETFs’ debut, SUI’s price continued its sideways movement under the $1.00 barrier, trading between $0.93 and $0.98 throughout the day. Ali Martinez suggested that the cryptocurrency could be preparing for a move to higher levels, noting it recently retested a key support level. As Martinex explained, SUI tested and bounced from a two-year rising support line after the early February market crash. This ascending trendline has previously triggered major rallies. According to the chart, the last two times the cryptocurrency hit this support line, it jumped 365% and 850% rallied respectively, with the latest sending its price toward its $5.35 all-time high (ATH) in the following months. To the analyst, if SUI holds the $0.80 area, “history suggests upside could follow. And this time, fundamentals are lining up too.” He pointed out that the growing institutional exposure and the technical structure alignment could set up a base “for something much bigger.” Related Reading: Crypto Funds Bleed $173M As Outflows Extend To Fourth Week – Report Similarly, market observer Bitcoinsensus highlighted SUI’s macro structure, which signals a potential leg up toward new highs. Per the post, the altcoin “has been moving up in a very technical structure” since its launch, repeating a 5-wave up followed by a 3-wave correction. The chart shows that the price is likely near the end of the C-wave of its corrective move, suggesting a new impulsive 5-wave structure could develop in the coming months. “If this trend continues, we could see SUI reach prices above 10$ per coin,” the analyst concluded. Featured Image from Unsplash.com, Chart from TradingView.com
Larger crypto payments to darknet markets were linked to higher stimulant hospitalizations and deaths in Canadian health data.
Libertarianism includes a spectrum of beliefs about the role of the state. Classical liberalism supports a minimal state with accountability and predictability. Social Security's intergenerational transfer system is considered unfair by some experts.
The post Veronique de Rugy: Libertarianism isn’t anarchism, Social Security’s intergenerational unfairness demands reform, and the zero-sum mindset threatens globalization | Macro Musings appeared first on Crypto Briefing.
South Korean prosecutors have recovered about $21.4 million worth of Bitcoin that was stolen from their custody last year. The 320.88 BTC was originally seized from a gambling platform but went missing in August 2025 after investigators were tricked by a phishing site that exposed wallet keys. Authorities froze transactions tied to the theft, making it …
XRP price has once again drifted into a tight range, with volatility dropping to unusually low levels. While Bitcoin and Ethereum are also moving sideways, XRP appears to be attracting slightly more speculative attention. Even so, the price itself has barely reacted. It continues to hover around the $1.41 mark and has struggled to break …
The XRP price is walking a tightrope. On one side, 3.8 billion coins have flowed from whale wallets into Binance since the start of 2026. On the other, exchange supply is quietly declining and bullish sentiment just hit a five-week high. Confused? You should be. Let’s decode. Whales Move Billions to Binance The cumulative flow …
Dragonfly Capital closed its fourth fund at $650 million this week, the same size as its 2022 vehicle, raised into a venture market Fortune calls a “mass extinction event.” The headline reads like a vote of confidence: institutional capital returning, crypto winter thawing, alt season loading. But peel back one layer and the picture warps. […]
The post Crypto VC funding surging again sounds like a rally, until you trace where the money actually lands appeared first on CryptoSlate.
Polymarket’s lawsuit challenges state authority and could redefine whether the CFTC controls US prediction markets or whether states set their own rules.
Sanctions-related activity accounted for 86% of illicit crypto flows last year, with most of those flows routed through stablecoin platforms, according to TRM Labs.
Your day-ahead look for Feb. 19, 2026
The United Arab Emirates has quietly built a massive Bitcoin reserve worth over $453 million through its Royal family mining operation. The holdings, linked to Citadel Mining, highlight the country’s growing long-term commitment to Bitcoin as a strategic digital asset. UAE Quietly Built $453M Bitcoin Stack Blockchain analytics firm Arkham Intelligence tracked 37 crypto wallets …
Blockchain analytics platform Arkham has released a new report identifying the largest known Bitcoin (BTC) holders at the start of 2026, offering a detailed snapshot of how the cryptocurrency is distributed across individuals, corporations, governments, and financial institutions. Top Bitcoin Holders Looking across major ownership categories, Arkham’s verified on‑chain data shows that the largest individual holder remains Bitcoin’s pseudonymous creator, Satoshi Nakamoto. Nakamoto’s wallets contain 1,096,358 BTC, valued at approximately $75 billion, representing 5.5% of the total supply. Among cryptocurrency exchanges, Coinbase ranks first. The digital asset platform holds 993,069 BTC worth roughly $68 billion, accounting for about 5% of the circulating supply. Related Reading: Macro Wobbles May Send Bitcoin Back To The $50,000s, Industry CEO Claims Binance, Robinhood, and Upbit also rank among the largest cryptocurrency exchange holders, with approximately 660,000 BTC, 184,000 BTC, and 180,000 BTC, respectively. In the US sport Bitcoin exchange‑traded fund sector (ETF), BlackRock stands out as the largest ETF issuer by Bitcoin holdings, with 761,801 BTC valued at about $52 billion, equivalent to 3.8% of supply. Asset manager and also crypto exchange-traded fund issuer Grayscale currently holds 218,000 BTC valued at around $20 billion, with all of its assets custodied by crypto exchange Coinbase. Strategy Leads Corporate BTC Race Strategy, formerly known as MicroStrategy, remains the largest public corporate holder. The company has accumulated Bitcoin steadily since August 2020, making purchases every few weeks. Its total holdings now stand at 714,644 BTC, worth approximately $54.3 billion. Of that amount, 415,230 BTC are directly confirmed on‑chain, valued at $28 billion, representing 2.1% of supply, while the broader total equates to roughly 3.5%. Other public companies are also building significant reserves. MARA, a North American Bitcoin mining firm, operates nine mining facilities and averaged 22.7 BTC mined per day in September 2025. Arkham data shows MARA controls 13,000 BTC on‑chain, valued at about $864 million, though the company reports a treasury reserve of 53,200 BTC. The Biggest Private And Government Holders Private companies also command sizable Bitcoin positions. Tether leads this group with 96,369 BTC valued at $6.5 billion, representing 0.48% of total supply. SpaceX, founded by Elon Musk, holds 8,285 BTC, according to Arkham’s verified data. Additionally, the Bitcoin Treasuries website lists Block.one as the largest private corporate holder with 164,000 BTC. However, Arkham notes that Block.one’s holdings cannot be independently verified on‑chain. Related Reading: $274 Billion In Potential Bitcoin Selling Could Hit Markets, Expert Says Government holdings form another key category. Arkham’s data identifies the United States government as the largest verified state holder, with 328,372 BTC worth approximately $22 billion, representing 1.64% of the total supply. The United Arab Emirates is also emerging as a major player. Arkham identified significant mining activity in the Gulf state, with 6,800 BTC attributed to operations conducted by Citadel, a public mining firm majority‑owned by the UAE Royal Group through International Holding Company (IHC). At the time of writing, Bitcoin was trading at around $66,299. It registered losses of 2% and 1.2% in the 24-hour and seven-day time frames, respectively. This has prevented the token from surpassing the nearest resistance wall at $70,000. Featured image from DALL-E, chart from TradingView.com