Bitcoin’s attempt to top $70,000 stalled throughout the week, but analysts believe that the short-term downside will be limited. Will altcoins hold on to their weekly gains?
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Precious metals surge as gold tops $5,250 and silver exceeds $93, driven by economic fears and demand for safe-haven assets.
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In past cycles, headlines like major institutional investments or global tech giants adopting blockchain would have sent crypto markets soaring. In 2026, the reaction has been very different. Even as firms such as BlackRock increase exposure to decentralized finance projects like Uniswap, token prices have barely budged, sometimes even falling on the day of the …
The XRP Ledger ecosystem is entering what could be its most important transition since its early expansion phase. After years of direct funding and builder programs, 2026 marks a shift in how development around XRP will be supported. Instead of relying heavily on centralized grant structures, the model is evolving toward a broader, more distributed …
Japan’s regulators and conglomerates are working to bring one of the world’s key funding currencies into DeFi, but retail activity remains muted.
The blockchain-based lending platform beat revenue estimates but fell short on earnings, even as annual profit reached $134 million.
Solana (SOL) could be facing one of its most critical technical tests in recent months, with crypto trader Jussy warning that a breakdown at a key level could trigger a collapse toward prices not seen since previous bear market cycles. With the cryptocurrency trading above this level and forming two bearish patterns across multiple timeframes, the analyst has set two major crash targets for SOL. However, only one of these patterns could lead to a staggering 50% decline to $30 once the price breaks. Solana Bear Flag Pattern Signals Crash To $30 On Tuesday, February 24, Jussy took to X, warning crypto investors and traders that Solana could be heading toward a dramatic price collapse. The analyst notes that the leading smart contract token is currently at a critical support level of $76.57 on the price chart that could define its next bearish move. Related Reading: Wondering What’s Going On With Solana? Projects Are Taking Massive Hit As Price Plunges Looking at the daily chart, Jussy has identified a Bear Flag formation that has been developing since early February 2026. The pattern shows price consolidating within a descending channel after a steep sell-off from above $112, underscoring Solana’s continued downtrend over the past months. Should the $76.57 support level give way, the analyst projects a measured move from the Bear Flag pattern to $37.88, representing a potential decline of more than 50% from current levels. Jussy also said in his analysis that Solana is on a path to $30, suggesting the altcoin could fall even further to that level. Notably, the analyst’s bearish forecast arrives amid Solana’s recent price struggles, as broader market volatility and shifting investor sentiment weigh heavily on the sector. With the crypto bear market already in full swing, SOL has been trading sideways, mirroring the weak performance across major cryptocurrencies, including Bitcoin. CoinMarketCap’s data also shows that Solana’s price has fallen by more than 38% since the start of the year. While it was trending downward just last week, the altcoin has since staged a slight recovery from the $76 level, highlighted in Jussy’s chart analysis. As of writing, SOL is trading above $86, up more than 13% from the critical support level. Should upward momentum persist, it could signal a potential deviation from the analyst’s bearish $30 forecast. Triple Top Pattern Signals Lesser Decline To $60 For his second bearish forecast, Jussy highlighted that Solana has formed a Triple Top pattern on its four-hour chart. This pattern is characterized by three successive failed attempts to push higher, with each one printing at a lower peak than the last. The structure, visible across the January and February price action, suggests buyers have been steadily losing momentum after each recovery attempt. Related Reading: Here’s Why The Bitcoin, Ethereum, And Solana Prices Are Still Crashing Hard If the $76.57 support level breaks, Jussy sees a measured move from the Triple Top pattern down to $61.73 as Solana’s next target. A drop to this level would represent a roughly 19% crash from the support area. Featured image from iStock, chart from Tradingview.com
Ethereum Foundation launches Project Odin to help public goods teams diversify funding and reduce long term grant dependence.
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Google Cloud, MoneyGram, Vodafone's Pairpoint, and eToro will run launch-phase nodes on Midnight, a zero-knowledge privacy network targeting a mainnet launch at the end of March 2026. The pitch isn't anonymity, but selective disclosure. It's the ability to prove compliance or settlement eligibility without broadcasting raw customer data onto a public ledger. Midnight describes these […]
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Representative Erin Koegel proposed a total ban on crypto ATMs in Minnesota, building on a 2024 state law that imposed restrictions on kiosk operators.
The spin-off could enhance strategic focus and investor appeal, potentially reshaping the media and technology landscape significantly.
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Between credit stress concerns, a hot PPI inflation reading, and tensions between U.S. and Iran, investors have plenty of reasons to stay away from risk assets.
The rollout deepens MoonPay’s push to position itself as backend infrastructure for fintech and AI builders, not just an onramp.
Senate Democrats are urging AG Pam Bondi to investigate Binance following reports that the crypto giant may be violating sanctions laws.
The new post reflects Buterin’s renewed focus on scaling Ethereum’s base layer, after several years in which much of the ecosystem’s scaling strategy centered on layer-2 rollups.
PayPal, MoonPay and M0 launch PYUSDx, a framework enabling developers to issue branded dollar tokens backed by PayPal USD.
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The U.K. bank would rival JPMorgan and others in using decentralized technology for banking services.
Bitcoin drops 3% as PPI beats forecasts, and a tiny detail could skew the next macro trade Bitcoin traded lower after January producer inflation came in above consensus. That sets up a longer stretch in which rate expectations may steer crypto pricing ahead of the next producer price index (PPI) print on March 18. January […]
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The EU’s new crypto tax rules will require platforms to report user data and transactions, reshaping tax transparency for digital assets starting in 2026.
As market participants focus on short-term price movements, Bitcoin is approaching a notable on-chain milestone, with the number of wallets holding at least 100 BTC climbing toward record levels. This growing concentration of high-value holdings reflects increasing accumulation by large investors, and is viewed as a sign of strong long-term confidence in the world’s leading cryptocurrency. How Large Holders Influence Bitcoin’s Market Cycles Bitcoin is approaching a major milestone, with the number of wallet addresses holding at least 100 BTC set to surpass 20,000. An on-chain analytics firm, Santiment, highlighted on X that at current market valuations, a wallet holding 100 BTC or more is valued at roughly $6.78 million, indicating these addresses are largely controlled by high-net-worth individuals, funds, long-term holders, and institutional participants. Related Reading: Bitcoin Holders Underwater As Supply In Loss Spikes, Reaching Historic Extremes When the number of 100+ BTC wallets increases during or shortly after price declines, as it has been recently, it can be considered a bullish signal. While the number of whale wallets is rising, the overall percentage of BTC supply held by key stakeholders has not meaningfully increased. This helps explain why prices have remained suppressed. However, the growth in 100+ BTC wallets indicates broader distribution among large holders rather than a small group controlling the consolidation. In that sense, it points to less extreme consolidation at the very top. At the same time, it also shows that wealth is clearly migrating from smaller retail wallets into stronger hands. This does not signal decentralization at the smallest ownership level, but it does show that more separate entities are reaching the whale status. Historically, expanding whale wallet counts have often appeared during accumulation phases that later support the price recoveries. For a stronger structural shift to occur, the increase in wallet numbers would need to be matched by a rise in the overall supply they control. That dynamic typically unfolds as retail participants slowly sell off their coins to larger wallets. Meanwhile, history has shown that if retail traders eventually panic-sell or take profit too early, it might lead to the absorption stage. Is This A True Rebound Or A Dead Bounce? Bitcoin adoption is picking up pace across the sector. According to ETF analyst Eric Balchunas, Bitcoin Spot Exchange-Traded Funds (ETFs) just recorded their strongest day, pulling in roughly $500 million in a single day, reaching $750 million over the past two days combined at the time the report was published. Related Reading: Engine Stalled: How The $8 Billion ‘October Shock’ Left Bitcoin’s Spot Market In A Liquidity Trap Balchunas views the inflows as “a hitter in a slump going yard,” suggesting the market had been in urgent need of a catalyst after a prolonged period of weak performance. The strong back-to-back inflows have helped ease pressure on the sector, pushing year-to-date ETF outflows to under $2 billion. Despite the sharp turnaround, uncertainty remains about whether the inflow spike represents the beginning of a sustained recovery or merely a temporary bounce. Featured image from Pngtree, chart from Tradingview.com
The UK lender is reportedly seeking a technology partner to support blockchain-based payments and deposits as stablecoin adoption accelerates across finance and Big Tech.
The DOJ's crackdown on crypto scams highlights the growing need for international cooperation to combat sophisticated global cybercrime networks.
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Barclays has previously invested in stablecoin settlement infrastructure and consortium efforts, signaling an infrastructure-first approach rather than direct token issuance.
Pi Network is reinforcing its utility-first vision with a new framework designed to ensure ecosystem tokens are tied to real applications, not speculation. On February 27, co-founder Chengdiao Fan introduced the PiRC1 proposal in a detailed video shared through official Core Team channels. The timing is notable. The update comes just after the first anniversary …
Several analysts forecast Bitcoin extending its bear market into late 2026, with potential cycle lows between $30,000 and $45,000 backed by rising exchange reserves.
The Gambling Commission said there is increasing searches and consumer demand for crypto payments in the United Kingdom, which sometimes leads them to illegal websites.
Bitcoin has rebounded from an early-February slide that briefly pushed it to $60,000 and produced its most oversold signal on record, easing some of the pressure that has weighed on crypto markets. According to CryptoSlate's data, the flagship digital asset has steadied in recent days and briefly approached the $70,000 mark before settling around $67,300 […]
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Bitcoin struggled to breach $70,000 this month, while inflation rates decreased in Japan and some countries reevaluated crypto tax codes.
OpenAI just secured $110 billion in fresh investment, and announced additional collaborations with two of the big backers.