Сборщик RSS-лент

Crypto analyst Hov has released a fresh analysis on the XRP price, highlighting its recent movements amid ongoing market volatility. The chart shows trading around $1.41 as of February 19, with a history of sharp declines and recoveries marked by Elliott Wave labels dating back to 2018. This update comes as the altcoin clings to key support levels, aiming to preserve the conditions for a larger bullish continuation despite this week’s pullback. 

The next directional move could determine whether the recent decline marks the end of XRP’s prolonged corrective phase or the beginning of further downside. 

Update On Recent XRP Price Movements 

In a post on X, Hov noted that since his last update, the XRP price had declined more than expected, nearly breaking a clean diagonal pattern he had been closely watching. Despite this, the analyst noted that the cryptocurrency has not closed below the critical high-timeframe on the chart, which means the pattern is still technically valid. However, he said that price is “barely hanging on,” indicating that one more drop could cause the setup to fail. 

The accompanying chart illustrates this with horizontal blue support bands at around $0.42 and $1.41, where the price has bounced several times since late 2024. Based on the token’s recent move and current structure, Hov has updated his wave count to a “sideways combo correction” within a larger degree fourth wave, as depicted on the chart with labels like (w), (x), (y), and (z), showing flattened price action. 

This adjusted wave structure accounts for the extended consolidation observed between 2022 and 2025, during which XRP oscillated without decisive breaks. According to Hov, XRP’s price reached a “perfect tag of the 50,” evident around the 0.618 Fibonacci level on the chart. 

The chart also reveals a series of impulsive upward waves, labeled I through V, followed by corrective phases that have repeatedly tested lower support. Hov emphasized the need for the price to develop in five waves off the recent low to signal strength. Unlike many altcoins, which display three-wave structures, the analyst said XRP shows a decent five-wave micro pattern, suggesting stronger momentum despite the ongoing downtrend. 

What’s Next For The Altcoin? 

According to Hov’s projection, the next step for XRP is to develop a full five-wave advance from the recent low into the $2 region. A push toward $2 would reinforce the view that the corrective phase has likely ended and a bottom is in place. The analyst also recommends watching for a three-wave retracement back into support for further confirmation of XRP’s bullish setup.

If this confirmation occurs, the chart outlines a larger continuation path beyond $2. The projected targets suggest that XRP could gradually climb toward $3.42, corresponding to the 0 Fibonacci extension. After this, the ascending blue line on the chart indicates the next price target of around $5.7. Once the altcoin reaches this level, Hov anticipates the onset of a larger wave 5, with a potential target at $8.

On-chain analytics firm Parsec is calling it quits after five years in the business — a sign that one slice of the crypto tool market no longer matched trader needs.

Its CEO, Will Sheehan, summed it up plainly: the firm had been building for a version of crypto that stopped showing up in the same way.

“Parsec is shutting down,” the company disclosed Thursday. “The market zigged while we zagged a few too many times,” Sheehan said. Shift In On-Chain Demand

Parsec’s focus on decentralized finance and collectibles left it exposed when user behavior shifted. NFT volumes dropped.

Reports say sales fell to about $5.63 billion in 2025, a 37% decline from close to $9 billion the year before, and average prices slid from $124 to $96, according to CryptoSlam.

That kind of pullback makes running a niche analytics product harder, especially when fewer people chase quick gains.

End of the road for parsec I’m afraid. The market zigged while we zagged a few too many times

A little parsec lore for posterity, In early 2020 I started charting uniswap *v1* charts as a side project, this spiraled into a full blown DeFi terminal during DeFi summer and into the… https://t.co/5gmHng5BIU

— Will Sheehan (@wilburforce_) February 19, 2026

Some Support, Not A Lifeline

The startup had serious backers at launch in early 2021. Investors included Uniswap, Polychain Capital, and Galaxy Digital. That credibility mattered, but it didn’t guarantee a steady market.

After the collapse of FTX, certain types of high-risk borrowing and margin activity never came back in the same way, and trading patterns changed.

Funding And Timing Didn’t Guarantee Survival

The space is crowded now. Large platforms offer analytics at scale while a handful of focused tools try to keep specialist users. Nansen’s leader, Alex Svanevik, said Parsec “had a great run,” which felt like more than a polite line; it was a recognition that building for boom times can leave you exposed when flows cool.

Around the same time, other startups have pulled back. Reports say Entropy is also winding down, and Tom Farley predicted a wave of consolidation as money and users concentrate in fewer places.

Crypto Price Action

Midway through this market pause, Bitcoin has been running a cautious pattern. It has slid under key levels and then found pockets of support.

Geopolitical headlines have nudged traders toward safety at times, leaving thin trading windows where prices can swing more than usual. The result is a quieter trading picture for speculative niches, which depend on bold bets and deep liquidity.

What Comes Next For The Sector

What happens now will be practical. Some niche tools will be bought, others will close, and a few will be retooled to serve large clients or different data needs.

The move is not an end for DeFi or collectibles; they are still active, but they are smaller and more particular in who uses them.

Capital is choosier. Products built around the loudest moments of the past cycle are being tested in a calmer market.

In short, this is a reset. A handful of firms will be absorbed, some ideas will be reworked, and many teams will have to prove their fit with the current set of users. Those who can match where the flows actually are will have the best chance to keep running.

Featured image from Unsplash, chart from TradingView

Charles Hoskinson said Cardano is tracking toward a hard fork “next month,” while the long-discussed Leios scalability work remains on schedule for “this year,” in a Feb. 19 livestream recorded after a trip through Japan and a stop at Consensus in Hong Kong.

Hoskinson framed the next few weeks as a convergence point for two parallel roadmaps: Cardano’s protocol and developer-stack upgrades on one side, and the Midnight network launch he expects “coming next month” on the other, an effort he described as unusually difficult to execute even for teams with prior experience shipping major chains.

Cardano Momentum: Midnight, LayerZero And USDCx

In the livestream, Hoskinson spent his opening stretch recapping what he characterized as a productive Consensus week, pointing to “a lot of great announcements” and relationships around the Midnight ecosystem, including infrastructure and distribution names he said were involved with the network. He argued that the ability to launch a large, exchange-listed project like Midnight is itself a signal about Cardano’s maturity as a platform for “tier one” efforts.

On the Cardano side, he highlighted a newly announced LayerZero integration that he said connects Cardano “to more than 80 blockchains,” positioning it as a step away from the perception that the network operates in isolation. In the same segment, Hoskinson pointed to USDCx as a stablecoin-like asset he said is designed for “these non-EVM systems,” and emphasized the user-experience work around exchange flows—“autoconvert,” as he described it, so users can move value “straight to the exchange, straight back from the exchange.”

He also drew a distinction between USDCx and “basically USDC,” saying the tradeoff for Cardano users is an asset that, in his telling, preserves “privacy” and “can’t be frozen.” Hoskinson positioned that as “the best compromise” available for a “tier one stablecoin of that nature” in the Cardano ecosystem, while arguing that the LayerZero integration could open the door to “eight major stablecoins” over time, depending on integration sequencing.

Hard Fork ‘Next Month,’ Leios ‘This Year’

The most concrete near-term timing signal came when Hoskinson addressed the protocol schedule directly, saying: “Cardano hard fork is happening I believe next month. But you know the community is kind of working its way through that and getting these things done.”

In the same breath, he reiterated that Leios, Cardano’s scalability initiative, remains on track, noting recent travel and discussions with product manager Michael Smolenski about progress. “All things considered we’re pretty happy with the rate of progress of Cardano,” Hoskinson said, while also pointing to a new Plutus version, continued development of Aiken, and “node diversity coming this year,” alongside Leios.

Hoskinson also flagged developer activity he expects in March, referencing a “Dev Builder Fest down in Argentina” and describing the “integration of Pyth” into the ecosystem, which he presented as the arrival of a “tier one Oracle” for Cardano.

Beyond shipping timelines, Hoskinson used the livestream to argue that the industry’s central fight is shifting from enforcement actions to culture and narrative, particularly around non-custodial wallets and permissionless settlement. He warned about what he called “factions” that want crypto transactions routed through “permission federated networks owned and operated by large financial institutions,” and singled out US policy debates as part of that backdrop.

“What’s not okay is to build a network that’s forever owned and operated by five or 10 or 20 banks and they basically lord and leverage that power and position over the users,” he said. “And once they have absolute control, they just simply flip a switch and you’re at their mercy and they own all your money. And unfortunately, the system is moving in that direction right now.”

At press time, ADA traded at $0.2748.

In 2025, about $141 billion in stablecoins reportedly ended up in the hands of illicit actors. Much of this activity was funneled through a few networks that favored stablecoins for their predictable value and quick transfers.

Much of that movement is tied to a small number of networks that use stablecoins for their speed and price stability. That does not mean widespread criminal use across all stablecoins. It points to concentrated channels where these tokens meet a specific need: moving value reliably outside regular banking rails.

Sanctions Linked Networks Drive The Bulk Of Flows

According To TRM Labs, sanctions-related flows made up roughly 86% of detected illicit crypto transfers last year. Around $72 billion of the stablecoin total traced back to a ruble-pegged token linked to Russian networks.

These networks are not isolated. Reports note overlaps with entities tied to China, Iran, North Korea, and Venezuela, which shows how stablecoins can act as bridges between different sanctioned systems.

The mechanics are simple: price stability matters when you need predictable settlement and low volatility risk. Stablecoins offer that.

Guarantee Marketplaces And Human Trafficking Rely On Stablecoins

Volume on certain marketplaces surged, mostly in stablecoins. Some escrow and guarantee sites — which act like middlemen for high-value transfers — saw tens of billions of dollars flow through their systems.

Reports note these venues are almost totally stablecoin-denominated, which raises red flags about their role in moving funds tied to illicit trade. Chainalysis and others have also pointed to sharp increases in flows to networks connected to human trafficking and escort services, and those operations leaned heavily on stablecoins for payments.

In these cases, payment certainty and liquidity matter more to the buyers and sellers than the chance of gains.

Different Types Of Crime Use Different Paths

Scams, ransomware, and thefts often start in Bitcoin or Ether and then shift into stablecoins later in the laundering chain. That pattern is common because attackers want an asset that holds value while they move it through fewer hands.

Market Cap

Meanwhile, the global stablecoin market has grown into a multi‑hundred‑billion‑dollar sector, with total market capitalization topping roughly $270 billion in early 2026.

According to data tracking site Stablecoin.com, the combined value of all major stablecoins consistently sits above the mid‑hundreds of billions mark, with fiat‑backed coins accounting for most of that total.

Two issuers dominate the sector. Tether’s USDT leads by a wide margin, with a market cap often reported at around $180 billion or more, and representing more than two‑thirds of the total stablecoin market.

Circle’s USD Coin (USDC) sits in second place with a market cap often above $70 billion, jointly holding over 90% of stablecoin capitalization when combined with USDT.

Smaller stablecoins like Ethena USDe, DAI, and PayPal USD make up a much smaller portion of the market but signal ongoing diversification among providers, the data tracker said.

Featured image from Unsplash, chart from TradingView

Президент Euro Pacific Capital, экономист Питер Шифф (Peter Schiff) посоветовал инвесторам побыстрее избавиться от биткоинов, так как первую криптовалюту ждет резкое падение.

Ripple CEO Brad Garlinghouse used a Feb. 18 appearance on Fox to argue that US crypto policy is nearing a turning point, predicting the long-stalled CLARITY Act will pass by the end of April and framing regulatory certainty as a direct catalyst for broader industry growth, including for XRP, which he emphasized has already cleared a key legal hurdle.

Why Ripple CEO Garlinghouse Is Bullish

Garlinghouse pointed to shifting Washington momentum and said prediction markets have moved in favor of passage. “The CLARITY Act spiked because of comments yesterday, from [a] senator […] I think now 90% will pass by the end of April,” he said. “I said a couple weeks ago I thought at the end of April […] people talked about [being] optimistic.”

He added that the White House is now actively pressing stakeholders, describing a meeting “today with a lot of leaders on both sides (crypto and banking) in the White House, […] [with] the White House pushing hard.”

Pressed on Ripple’s position, Garlinghouse argued the bill’s flaws are less important than ending what he cast as a policy vacuum that has pushed the sector into enforcement battles. “Our position [is] very much, don’t let perfection be the enemy of progress,” he said. “No bill is perfect […] we need clarity.”

He contrasted Ripple’s posture with the broader industry’s situation by referencing the company’s long-running US legal fight. “Ripple has been fortunate — sued by [the] government — a judge […] say[ing] XRP is not a security. We have clarity,” Garlinghouse said, before reiterating the point in starker terms when asked directly: “Not a security. Courts ruled clearly.”

In his telling, the CLARITY Act is meant to keep crypto from being forced into a securities regime that doesn’t map cleanly onto how many networks and tokens function. “If something is a security, all kinds of obligations because […] you own part of the company,” he said, contrasting that with crypto tokens where holders typically don’t receive dividends or governance rights analogous to electing a board. He also claimed the prior administration’s approach “failed in courts,” arguing that a modern framework is required for the US to compete.

Ripple’ Strategy And XRP

The interview also touched on the sector’s pullback from highs. Garlinghouse tied some of that weakness to policy delays. He said the CLARITY Act getting “pushed [and] stalled, late January […] did not help,” while arguing Ripple entered 2026 with strong momentum after what he called “a tremendous year in 2025.”

On relative performance, he claimed XRP has held up better than other majors. “To your point, crypto markets, XRP best performing major crypto, down 20%,” he said, while noting other assets were down materially more from peaks.

He framed Ripple’s strategy as proving demand through enterprise use cases rather than retail narratives: “The more we demonstrate real practical utility using technologies to solve real problems, [the] more you see that play out in a positive way.”

Garlinghouse cited Ripple’s M&A push as part of a broader effort to build infrastructure that appeals to corporate finance teams. He said Ripple has spent “three billion dollars [on] acquisitions since 2023,” including expanding into “custody, prime [brokerage], treasury management, stablecoin [and] payment” capabilities.

He highlighted the treasury-management firm it acquired, saying it “processed 13 trillion dollars payments last year,” and emphasizing how early institutional stablecoin adoption still is: “Crypto-enabled, zero of those were stablecoin enabled.”

For now, he suggested dealmaking is taking a back seat to integration. “We bought two big companies last year […] the first half of this year [is] very much on let’s pause […] integrate,” he said, adding: “For time being, we’re going to slow down, before we speed up.”

Garlinghouse also argued the CLARITY fight is no longer “crypto versus banks,” pointing to big incumbents wanting a rulebook. He said the “vast majority of the crypto industry” is prepared to accept imperfect language, including around customer rewards, because it would be “a major step forward.” He added that banks are now leaning in as well, citing Goldman Sachs leadership as wanting “the same level playing field” to compete as traditional finance moves deeper into crypto.

At press time, XRP traded at $1.4196.

CME Group, the world’s largest derivatives marketplace, announced Thursday that it will introduce nearly round‑the‑clock trading for its cryptocurrency derivatives, with the new schedule set to begin on May 29, pending regulatory approval.

The exchange announced that its crypto futures and options will transition to continuous trading on the CME Globex platform, providing broader access beyond the traditional weekly schedule. While the platform will operate on an almost 24/7 basis, it will still include a minimum two‑hour maintenance break each weekend.

‘All‑Time High’ Demand For Crypto Risk Tools

Under the updated framework, trades executed between Friday evening and Sunday evening will be assigned a trade date of the next business day. CME added that clearing, settlement, and regulatory reporting for those transactions will also be processed on the following business day.

According to the firm’s press release, the decision reflects the surging demand for cryptocurrency risk management tools amid falling cryptocurrency prices, including a 50% drop in Bitcoin’s value in just four months. 

Notably, Tim McCourt, CME Group’s Global Head of Equities, FX, and Alternative Products, said client appetite for digital asset exposure has reached unprecedented levels. 

In 2025 alone, the exchange recorded $3 trillion in notional trading volume across its cryptocurrency futures and options suite, a record for the platform.

“Client demand for risk management in the digital asset market is at an all-time high,” McCourt said, noting that continuous access to regulated crypto derivatives will allow traders to manage exposure whenever market conditions shift. 

While he acknowledged that not every asset class is suited for nonstop trading, he emphasized that always‑on access to transparent and regulated cryptocurrency products will enable clients to trade with greater flexibility and confidence.

Futures Lead 47% Jump In CME Group Digital Asset Activity

CME Group’s crypto complex has continued to expand in 2026. The exchange reported average daily volume of 407,200 contracts so far this year, marking a 46% increase compared with the same period in 2025. Average daily open interest reached 335,400 contracts, up 7% year over year (YoY). 

Futures activity on the platform has been particularly strong, with the average daily volume climbing 47% from a year earlier.

Although CME Group has confirmed May 29 as its target launch date, the exchange noted that the extended trading schedule remains subject to regulatory review and final approval. 

If cleared, the move would mark a significant step in aligning regulated crypto derivatives trading more closely with the around‑the‑clock nature of underlying digital asset markets.

Featured image from OpenArt, chart from TradingView.com 

Федеральная налоговая служба России (ФНС) сообщила, что с начала действия закона о контроле за добычей криптовалют свою деятельность легализовали свыше пяти тысяч майнеров. В феврале 2025 года это число едва превысило шестьсот.

Торговля криптовалютами на подконтрольных государству площадках может начаться уже в этом году, сообщила директор департамента стратегического развития финансового рынка Банка России Екатерина Лозгачева.

A hacker has returned 320 Bitcoin (BTC) stolen from South Korean prosecutors throughout a phishing scam last year. As authorities face backlash over repeated incidents, officers have pledged to continue the investigation to uncover the full details and strengthen their custody practices.

Stolen Bitcoin Returned To Gwangju Prosecutors

On Thursday, the Gwangju District Prosecutors’ Office announced it recovered 320.8 Bitcoin lost in August to a phishing attack after the malicious actors willingly sent back the assets earlier this week.

Local news outlet Digital Asset reported on Tuesday that the on-chain data showed the lost BTC, worth $21 million, had been transferred to a wallet managed by South Korean authorities. The assets were seemingly moved through multiple addresses before being transferred to a domestic crypto exchange wallet.

As reported by Bitcoinist, South Korean prosecutors faced backlash last month after discovering that a large stash of seized BTC had gone missing months ago. Authorities reportedly learnt of the loss during a routine check of seized financial assets held as criminal evidence.

After an internal review, prosecutors found that the crypto assets were lost to a scam in August during the handling of the sized assets. Reportedly, malicious actors drained the wallets after investigators mistakenly accessed a phishing website.

Notably, the lost Bitcoin was originally seized during a 2021 investigation into an illegal gambling website. Prosecutors launched an investigation after discovering the incident. They also took measures to recover the assets, including blocking transactions from the perpetrator’s address to domestic exchanges and sending cooperation requests to overseas exchanges.

According to the report, authorities believe that these measures exerted pressure on the hackers, ultimately pushing them to return the funds. Meanwhile, prosecutors are currently continuing to track down the malicious actors while also conducting related investigations and inspections.

“(Regardless of the recovery of the Bitcoin), we will do our utmost to apprehend the perpetrators in the future,” The Gwangju District Prosecutors’ Office stated. “We plan to continue conducting a rigorous investigation to clearly uncover the full details of the case.”

Authorities Slammed Over Repeated Incidents

The Gwangju incident has led to a nationwide review of law enforcement’s handling of virtual assets. The review has revealed another security breach at the Seoul Gangnam Police Station.

Last Friday, the Gangnam station announced it had lost 22 BTC that were voluntarily submitted to authorities during an investigation in November 2021. According to local reports, the leak had not been detected until now, since the investigation into that case had been suspended.

The inspection revealed that the cold wallet storing the Bitcoin was not stolen, but the assets stored inside “had vanished without a trace.” As a response, the Gyeonggi Northern Provincial Police Agency launched a full-scale internal investigation to determine the details of the leak and whether any internal personnel were involved.

The incidents have raised concerns about South Korea’s Bitcoin custody practices, just as the country prepares for the Second Phase of the Virtual Asset User Protection Act, which is expected to serve as a comprehensive framework for the entire industry.

Financial authorities are also conducting an inspection of local exchanges’ internal controls following the “ghost Bitcoin” incident at Bithumb. Earlier this month, the crypto exchange accidentally distributed 620,000 BTC, worth over $40 billion, to 249 users due to an employee’s mistake.

Bithumb’s system failed to block the transaction and distributed assets that did not actually exist, distorting market prices. Lawmakers highlighted that the incident exposed “structural vulnerabilities” in the sector that must be addressed in the upcoming legislation.

The Financial Services Commission (FSC) announced last month that it is studying a proposal for prosecution measures against suspects of crypto asset price manipulation. Some officials argue it’s necessary “to complement the current Virtual Asset User Protection Act by implementing measures for the confiscation of criminal proceeds or the preservation of recovery funds in advance.”

Россиянам будут грозить штрафы за использование иностранных криптобирж и обменников, а сами зарубежные криптоплощадки смогут работать в России только если откроют здесь свои дочерние структуры, заявила директор департамента стратегического развития финансового рынка Банка России Екатерина Лозгачева.

Bitcoin on-chain data shows both the Daily Active Addresses and Network Growth indicators have seen sharp drops compared to five years ago.

Wallet-Related Bitcoin Metrics Have Declined In Recent Years

As highlighted by on-chain analytics firm Santiment in an X post, there is a staggering difference between the level of activity on the Bitcoin network today and February 2021.

There are several on-chain metrics that can be used to gauge blockchain activity, but two in particular are of focus here: the Daily Active Addresses and Network Growth.

The first of these measures the total number of BTC addresses that are coming online every day. A wallet is said to come ‘online’ when it participates in some kind of transaction activity on the network. Thus, the Daily Active Addresses essentially tracks the unique daily count of addresses making at least one transfer on the network.

The other indicator, the Network Growth, tells us about the amount of addresses that are coming online on the blockchain for the first time. In other words, it tracks the amount of new addresses joining the network every day.

Now, here is the chart shared by Santiment that shows the trend in the Daily Active Addresses and Network Growth for Bitcoin over the last several years:

As displayed in the above graph, both the Bitcoin Daily Active Addresses and Network Growth witnessed a significant drop at the start of 2024. The former made some recovery as the cryptocurrency observed its bull rally in the second half of the year, but the latter still remained at relatively low levels despite a jump.

In 2025, both indicators again slumped and took to sideways movement, despite the fact that Bitcoin explored fresh highs. Santiment noted that “there was a clear bearish divergence that had been forming throughout 2025 as market caps continued to hit new heights while Bitcoin’s utility declined.”

During the recent market downturn, the indicators have gone a notch lower. Currently, there are 650,000 unique addresses interacting on the blockchain per day, which is down 42% compared to February 2021, five years ago. Similarly, the Network Growth is sitting at a value of 291,000, reflecting a 47% drop for the same window.

So, what does the sharp drop in activity mean for Bitcoin? According to the analytics firm, it doesn’t imply that “crypto is dead” or that the digital asset is entering a multi-year bear market. That said, the return of bullish winds could still depend on the trend in the network metrics. As Santiment explained:

A justification for crypto beginning to see a true long-term relief rally will be when metrics like active addresses and network growth begin to rise.

BTC Price

Bitcoin continues to move sideways as its price trades around the $66,400 level.

SG-FORGE, криптовалютное подразделение французского банковского холдинга Société Générale, запустило привязанный к евро стейблкоин EUR CoinVertible (EURCV) на блокчейне XRP Ledger американской компании Ripple.

As momentum in Washington around the proposed CLARITY Act slows, US Securities and Exchange Commission (SEC) Chair Paul Atkins outlined how the agency intends to proceed with crypto regulation, despite congressional delays, at a public appearance this Wednesday at ETH Denver. 

Speaking alongside Commissioner Hester Peirce, a longtime advocate for clearer crypto rules, Atkins signaled that the regulator is preparing a broad regulatory push in the months ahead.

SEC Details 2026 Crypto Agenda

Responding to a question about what the industry can expect this year, Atkins said the SEC will continue coordinating with lawmakers while advancing its own agenda through “Project Crypto,” an initiative that is now being jointly carried out with the Commodity Futures Trading Commission (CFTC). 

Atkins said the Commission and staff are preparing several initiatives for consideration in the near term. Among them is a formal framework explaining how the SEC determines when a crypto asset involves an investment contract, including how such a contract is created and under what circumstances it may cease to exist. 

He also previewed an “innovation exemption” designed to allow limited trading of certain tokenized securities on new types of platforms, with the broader goal of shaping a durable regulatory structure over time.

The agency is also developing a rule proposal intended to create what Atkins called “common-sense” avenues for raising capital through crypto asset sales. 

In addition, the SEC plans to issue no-action letters and exemptive orders to provide greater certainty to market participants, including guidance for digital wallets and other user interfaces that may not fall under registration requirements of the Securities Exchange Act.

Custody rules are another priority. Atkins said the SEC is working on rulemaking related to how broker-dealers may safeguard non-security crypto assets, including payment stablecoins. 

The Commission is also preparing updates to transfer agent regulations to reflect the growing role blockchain technology can play in maintaining ownership records. 

Clear Rules Over Panic

The SEC chair also addressed recent declines in crypto prices, pushing back against the idea that regulators should respond to market downturns. He emphasized that it is not the role of the Commission to react to daily price movements. 

Instead, he said, the agency’s responsibility is to ensure investors receive adequate disclosures so they can make informed decisions. Markets, he noted, fluctuate across asset classes, whether stocks, commodities, or digital assets. 

Regulators, in his view, should focus on maintaining clear and functional rules that allow investors to decide for themselves whether to buy, sell, or hold.

Lastly, Atkins reiterated that the Commission must continue clarifying how tokenized securities fit within the existing regulatory framework and how intermediaries can trade and custody them for clients. 

He stressed that progress will require collaboration and welcomed input from across the spectrum, including critics of the crypto industry.

Featured image from OpenArt, chart from TradingView.com 

Крупные держатели биткоина изменили свою стратегию: после примерно шести месяцев распределения и продаж они вновь перешли к накоплению, заявил аналитик ончейн-платформы CryptoQuant Бурак Кешмечи (Burak Kesmeci).

Старший аналитик Bloomberg Intelligence Майк МакГлоун (Mike McGlone) скорректировал свой пост в соцсети X с прогнозом цены биткоина после критики со стороны участников рынка. Теперь он допускает снижение первой криптовалюты минимум до $28 000 вместо первоначально указанного уровня $10 000.

Разработчик Bitcoin Core Мэтт Каралло (Matt Corallo) заявил в подкасте Unchained, что причина вялого роста первой криптовалюты вовсе не в гипотетической угрозе квантовых компьютеров, способных взломать блокчейн Биткоина — сообщество лишь ищет «козла отпущения», на которого можно свалить падение BTC.

Bitcoin is struggling to push decisively above the $69,000 level as persistent selling pressure and rising market anxiety continue to weigh on sentiment. After several failed breakout attempts, price action reflects a cautious environment in which traders remain hesitant to commit fresh capital. Volatility has increased alongside deteriorating confidence, reinforcing the perception that the market is still navigating a corrective phase rather than entering a sustained recovery.

A recent report from analyst Darkfost provides additional context through on-chain data, particularly the Coin Days Destroyed (CDD) heatmap. This indicator measures the number of holding days accumulated by each Bitcoin before it is spent, offering insight into the behavior of long-term holders. When visualized as a heatmap, CDD highlights periods when older coins move, allowing analysts to quickly assess shifts in conviction among historically resilient investors.

Compared with previous cycles, the current market phase appears notable for the elevated activity of long-term holders. The data suggests that this cohort has been more active than in past cycles, potentially contributing to supply dynamics that influence price stability. Whether this reflects strategic redistribution, profit-taking, or broader market repositioning remains a key question for investors monitoring Bitcoin’s next directional move.

Long-Term Holder Activity Adds Complexity To Bitcoin’s Market Signals

According to Darkfost, elevated long-term holder activity has historically intensified near market tops, suggesting that distribution from this cohort has often contributed to the formation of local peaks. When older coins begin moving after extended dormancy, it frequently reflects profit-taking or portfolio rebalancing, both of which can increase available supply and weigh on short-term price stability. In prior cycles, similar spikes in Coin Days Destroyed coincided with phases of overheated sentiment and subsequent corrective moves.

However, interpreting this cycle requires additional nuance. Not all increases in long-term holder activity necessarily signal outright selling pressure. Some of the recent CDD spikes appear linked to operational factors rather than directional positioning. Large entities, including Coinbase and Fidelity Investments, have conducted UTXO consolidation transactions, which can artificially inflate activity metrics without representing net supply entering the market.

Technical changes within the Bitcoin ecosystem have also played a role. The growth of Ordinals and inscription-related activity has encouraged some long-standing holders to migrate funds from legacy addresses toward SegWit or Taproot formats, generating on-chain activity that may distort traditional behavioral signals.

At the same time, deeper institutional liquidity has made it easier for long-term holders to distribute positions gradually, potentially smoothing market impact compared with previous cycles.

Bitcoin Faces Key Technical Test Below Major Moving Averages

Bitcoin’s weekly price structure continues to reflect sustained selling pressure, with the asset struggling to stabilize after losing the $70,000 psychological threshold. The chart shows a decisive breakdown from the late-2025 highs near the $120,000 region, followed by a sequence of lower highs and lower lows that typically characterize a corrective market phase rather than simple consolidation.

Price is now trading below the shorter-term moving average, which has rolled over and is beginning to act as dynamic resistance. The intermediate trend average is also flattening, suggesting weakening bullish momentum, while the longer-term average remains upward sloping but distant from current price levels. This configuration often appears during transitional phases where the market shifts from expansion toward redistribution.

Volume patterns reinforce the defensive tone. Recent selloffs have been accompanied by elevated trading activity, indicating active distribution rather than passive drift lower. However, participation has moderated slightly following the most recent drop, which may hint at temporary seller exhaustion.

From a technical standpoint, the $65,000–$68,000 region represents immediate support. Failure to hold this zone could expose deeper retracement levels closer to long-term trend support, while a sustained reclaim of $70,000 would be required to stabilize sentiment and reopen the path toward recovery.

Featured image from ChatGPT, chart from TradingView.com 

Сервис Google Trends зафиксировал резкий рост поисковых запросов по фразе «биткоин упадет до нуля». Показатель достиг отметки 100 пунктов, что соответствует максимальному уровню интереса пользователей.

Президент Федерального резервного банка (ФРБ) Миннеаполиса Нил Кашкари (Neel Kashkari) усомнился в фундаментальной ценности криптовалют, назвав их «словесной окрошкой» — технологией с привлекательным маркетингом, но без реальной практической пользы.