CoindooOfficial

Crypto markets are flashing some of the most extreme fear readings in history, even as institutional participation continues to deepen.

Key Takeaways
Bitcoin fear has dropped to historic lows, even below past crisis levels.The Fed’s hawkish tone is pressuring risk assets, with fewer rate cuts expected in 2026.Institutions continue accumulating BTC despite ETF outflows.Revenue-generating DeFi protocols are outperforming the broader market.
According to a new Bloomberg Research report, the Bitcoin Fear and Greed Index recently collapsed to 5 - a level below prior major shock events - underscoring widespread retail capitulation.
Bitcoin has largely traded within the 65,000-70,000 dollar range despite the deteriorating mood. The report suggests that such deeply negative sentiment has historically coincided with selling exhaustion and stabilization phases. A further negative monthly close would mark five consecutive monthly declines - a pattern last seen during the 2018 bear market.

Macro Pressure Weighs on Risk Assets
The broader backdrop remains firmly risk-off. Equities and crypto have struggled, while the U.S. dollar and Treasuries moved higher. The minutes from the January meeting of the Federal Open Market Committee struck a notably hawkish tone, introducing rate hike language for the first time in the current easing cycle.
The Fed held rates at 3.50-3.75 percent on a 10-2 vote. Policymakers warned that disinflation has been slower and more uneven than expected, and several members raised the possibility of rate hikes if inflation proves persistent. While January CPI came in at 2.4 percent year over year, the Fed’s preferred PCE measure printed at 2.9 percent for December, highlighting gradual progress.
Markets have sharply adjusted expectations. CME futures now price roughly two quarter-point rate cuts for 2026, with the first not expected before June - a clear divergence from the more optimistic projections seen late last year.
Institutions Accumulate as Retail Steps Back
Despite the fear, ownership data shows a structural shift underway. Over the past year, Bitcoin supply has rotated away from individuals and toward businesses, funds, and ETFs. Retail holders appear to be distributing, while institutional cohorts continue to accumulate.

Spot Bitcoin ETFs are approaching a fifth consecutive week of net outflows, with roughly 3.9 billion dollars redeemed recently. The average ETF cost basis sits near 84,000 dollars, leaving many holders underwater. Yet ETF assets under management as a share of total Bitcoin market capitalization remain elevated.
Since launch in early 2024, ETF AUM as a percentage of Bitcoin’s market cap climbed from roughly 3.1 percent to about 7 percent near the October 2025 all-time high. Even after a roughly 50 percent drawdown, the ratio has only modestly eased to around 6.3 percent - a signal that institutional participation remains structurally intact.
DeFi Revenue Leaders Outperform
Institutional engagement is expanding beyond passive exposure. Major asset managers are increasingly interacting directly with on-chain infrastructure. BlackRock has been active around Uniswap, while Apollo Global Management partnered with Morpho, signaling deeper integration between traditional finance and decentralized platforms.
Within DeFi, protocols demonstrating consistent revenue generation and usage have outperformed broader L1, L2, and core DeFi benchmarks year-to-date. Bloomberg Research notes that revenue traction and institutional positioning appear to be reinforcing one another as capital reallocates toward projects aligned with this convergence.
The revenue metrics are striking. Several crypto applications have reached 100 million dollars in annualized revenue faster than many well-known technology firms. Hyperliquid achieved the milestone in under three months, while PancakeSwap and Uniswap followed within months. This pace outstrips the early revenue timelines of companies such as Snowflake and OpenAI.
Looking Ahead
Bloomberg Research characterizes the current phase as a late-stage drawdown dominated by macro headwinds rather than crypto-specific weaknesses. Restrictive monetary policy, evolving AI dynamics, and geopolitical risks are weighing on sentiment.
At the same time, the divergence between extreme fear and ongoing institutional build-out suggests a market transitioning from speculation-led growth to infrastructure-driven expansion. Retail positioning has retreated, but institutional development across DeFi integration, tokenization, and stablecoin payment rails continues.
The key question now is timing. Sentiment typically lags structural change. Upcoming macro releases and ecosystem events may provide further clarity on whether this period of extreme fear marks exhaustion - or simply another chapter in a prolonged adjustment phase.
#crypto

După ani de ardere agresivă a token-urilor, reducând oferta de la 589 trilioane la aproximativ 410 trilioane, SHIB a intrat într-o nouă fază de maturitate. Întrebarea acum: cât de sus poate ajunge SHIB în 2026?

Puncte cheie
SHIB se tranzacționează aproape de 0,091 dolari cu lichiditate puternică și o capitalizare de piață de 37,3 miliarde de dolari.
Oferta circulantă a scăzut la ~410 trilioane din cauza arderilor continue.
Analiștii proiectează 0,08–0,25 dolari până la sfârșitul anului 2026, în funcție de condițiile de piață.
Creșterea Shibarium și a ecosistemului rămâne centrală pentru perspectivele pe termen lung.
Începând cu 20 februarie 2026, Shiba Inu (SHIB) s-a stabilit ferm ca fiind mai mult decât o monedă meme. Se tranzacționează în jur de 0,091060 dolari, SHIB reflectă o fluctuație zilnică de 2–3% în mijlocul consolidării mai ample a pieței. Cu o capitalizare de piață aproape de 37,3 miliarde de dolari și oferta circulantă redusă la aproximativ 410 trilioane de token-uri, proiectul a evoluat într-un ecosistem bazat pe utilitate, alimentat de Shibarium, integrarea DeFi, NFT-uri, inițiative metavers și cazuri de utilizare a plăților în lumea reală.

Bitcoin has fallen roughly 46% from its October 2025 all-time high of $126,100 to around $67,000 in early 2026. Etherium has declined even more sharply, dropping approximately 58% to near $1,950. Amid this volatility, some commentators have revived an old concern: quantum computing.

Key Takeaways
Quantum computing remains a long-term risk, not an immediate danger to Bitcoin or Ethereum.Breaking Bitcoin’s cryptography would require billions of stable logical qubits, far beyond today’s capabilities.Only a subset of coins with exposed public keys would be vulnerable in early scenarios.Both Bitcoin and Ethereum communities are actively preparing quantum-resistant upgrades.
However, leading developers and researchers argue that quantum fears are not driving the current downturn. Instead, macroeconomic pressures, capital rotation into AI sectors, and liquidity dynamics appear far more relevant. While quantum computing poses a theoretical risk to cryptographic systems, current evidence suggests it remains a long-term challenge, likely a decade or more away, rather than an imminent existential threat.
The Real Quantum Threat: Theory vs. Reality
The core concern stems from Shor’s algorithm, which could theoretically allow a sufficiently powerful quantum computer to derive private keys from public keys. If that became feasible, wallets with exposed public keys,particularly older addresses or reused keys,could be compromised.
Estimates suggest that 20% to 50% of Bitcoin’s circulating supply could theoretically be exposed if quantum attacks became viable. However, this scenario assumes the existence of fault-tolerant quantum machines with approximately 1.9 billion stable logical qubits. Today’s most advanced systems operate with only hundreds to a few thousand noisy qubits, orders of magnitude below what would be required.
Experts emphasize that scalable, error-corrected quantum computers would need to be 10,000 to 100,000 times more powerful than current hardware to pose a real threat to Bitcoin’s elliptic curve cryptography (ECDSA).
Long-Term Risk, Not Immediate Panic
Bitcoin developer Matt Carallo recently dismissed speculation that quantum computing is responsible for recent price declines, noting that if quantum were the primary driver, Ether’s relative performance might look different given Ethereum’s more proactive upgrade roadmap.
Carallo characterized quantum as a “long-term risk” that market participants do not currently view as imminent. He attributed recent volatility more to capital flows into artificial intelligence sectors than to cryptographic concerns.
Even cautious voices frame the risk in future terms. Ethereum co-founder Vitalik Buterin has estimated roughly a 20% chance of significant quantum breakthroughs before 2030. While nontrivial, that probability still implies uncertainty rather than inevitability.
Quantum computing researcher Scott Aaronson has described the threat as a “live possibility” within the 2028–2030 timeframe, but acknowledges major engineering hurdles remain. Meanwhile, investor Kevin O’Leary has argued that targeting Bitcoin would not be the most efficient or economically rational use of quantum resources compared to fields like medical research or materials science.
Technological Gaps: Why Q-Day Is Not Tomorrow
Recent advancements in quantum computing, including IonQ roadmap updates and progress toward NIST-standardized post-quantum cryptography demonstrate forward momentum. Yet fundamental barriers persist:
High error rates in quantum systemsNeed for millions to billions of stable logical qubitsComplex error correction requirementsScalability challenges across architectures
These constraints suggest that practical quantum attacks against Bitcoin or Ethereum remain at least 10–15 years away under most projections.
Crypto’s Defensive Preparations
The crypto industry is not standing still. Ethereum’s 2026 roadmap includes exploration of post-quantum cryptographic standards within major upgrades. Bitcoin developers have discussed potential hard forks introducing quantum-resistant signature schemes such as Dilithium or XMSS.
Importantly, only coins with revealed public keys are vulnerable in early attack scenarios. Estimates suggest between 4 and 10 million BTC might fall into this category. Users can proactively migrate funds to quantum-resistant addresses once standards are implemented.
In other words, the industry retains significant flexibility to transition before any large-scale threat materializes.
Counterarguments and Market Reality
Some institutions have issued precautionary warnings. Asset managers have included quantum risk disclosures in ETF filings, and certain portfolio strategists advocate monitoring cryptographic vulnerabilities.
However, these statements reflect risk management practices rather than predictions of imminent collapse. To date, no credible evidence suggests a breakthrough capable of threatening current blockchain security.
Market dynamics in 2026 appear far more influenced by liquidity conditions, regulatory developments, and competition for capital with AI and emerging technologies than by quantum computing fears.
A Future-Proof Path Forward
The quantum era will eventually arrive, but not tomorrow. Current technological limitations, combined with active development of post-quantum cryptography, position Bitcoin and Ethereum to adapt well before existential risks emerge.
Rather than fueling panic, quantum research should motivate proactive upgrades and resilience planning. As history has shown, the crypto ecosystem evolves rapidly in response to emerging threats.
For investors and developers alike, the more immediate focus remains adoption, scalability, and macroeconomic conditions. Quantum computing represents a future engineering challenge, not a present market driver.
#quantumcomputers #bitcoin

CEO-ul Metaplanet, Simon Gerovich, a răspuns criticilor online după ce compania a raportat o pierdere netă de 619 milioane de dolari pentru anul fiscal 2025, reafirmând că firma rămâne complet angajată în strategia sa agresivă de acumulare a Bitcoin.

Aspecte cheie
Metaplanet a raportat o pierdere netă de 619M $, în mare parte din cauza ajustărilor contabile ne-cash.
Compania deține 35,102 BTC începând cu februarie 2026.
Un plan de strângere de fonduri de 137 milioane de dolari își propune să accelereze acumularea.
Obiectivul este 210,000 BTC până în 2027, sau aproximativ 1% din oferta totală.

Veteranul susținător al aurului, Peter Schiff, a reaprins dezbaterea Bitcoin, avertizând că o rupere sub nivelul de 50.000 de dolari ar putea deschide ușa unei căderi abrupte către 20.000 de dolari. Puncte cheie
Peter Schiff avertizează că o rupere sub 50.000 de dolari ar putea trimite Bitcoin către 20.000 de dolari.
Aurul a depășit semnificativ Bitcoin în ultimul an.
Un eveniment de lichidare de 19 miliarde de dolari în octombrie 2025 a expus riscurile de levier.
Ieșirile ETF instituționale semnalează prudență pe termen scurt.
Dezbaterea Bitcoin vs. aur se intensifică pe măsură ce piețele se diverge.

Fondurile de investiții în criptomonede listate în SUA și-au extins retragerea pe 19 februarie, cu produsele Bitcoin și Ethereum raportând răscumpărări nete semnificative, chiar dacă fondurile Solana și XRP au atras intrări selective.

Puncte cheie:
Fondurile ETF Bitcoin au înregistrat aproximativ 165,8 milioane de dolari în ieșiri nette.
Fondurile ETF Ethereum au văzut aproximativ 130,1 milioane de dolari în răscumpărări.
Fondurile ETF Solana au raportat 6,0 milioane de dolari în intrări nette.
Fondurile ETF XRP au atras aproximativ 4,05 milioane de dolari în capital nou.
Divergența în fluxuri evidențiază o piață care încă rotește capitalul cu precauție, investitorii reducând expunerea la cele mai mari active digitale, în timp ce adaugă selectiv tokenuri alternative.

The Ethereum Foundation is overhauling how the network evolves, introducing a more agile development structure and a predictable upgrade schedule for 2026.

Key Takeaways
Ethereum shifts to two upgrades per year starting 2026.Focus on scaling, better UX, and stronger L1 security.Gas limit targeted at 100M+ to boost rollups.Glamsterdam (H1) improves MEV fairness and execution.Hegotá (H2) tackles state growth and node sustainability.
At the center of this shift is a newly formed “Protocol” team, established in June 2025, designed to streamline coordination and reduce the risks tied to large, infrequent updates.
Starting in 2026, Ethereum will move to a biannual upgrade cycle - two major updates per year - replacing the slower and more fragmented approach of the past. The goal is to deliver smaller, more manageable improvements while giving developers, node operators, and ecosystem projects clearer timelines.
Scale, User Experience, and Security Lead 2026 Priorities
The Ethereum roadmap for 2026 revolves around three main pillars: scaling, usability, and base-layer resilience.
On scaling, developers aim to further integrate Layer 1 execution with expanded blob capacity to support rollups. A key milestone is pushing the gas limit toward 100 million and beyond, significantly increasing throughput and rollup data availability.
User experience improvements focus heavily on native account abstraction and smoother cross-chain interoperability. The objective is to simplify transaction flows, reduce fee complexity, and make Ethereum applications more intuitive for everyday users.
Security and resilience form the third pillar. Research into post-quantum cryptography is underway to prepare for future threats, while work continues on a zkEVM attester client to strengthen verification processes. The Foundation has also set a target of 128-bit provable security for zkEVM implementations by the end of 2026, raising the bar for zero-knowledge infrastructure across the ecosystem.
Glamsterdam and Hegotá Headline 2026 Upgrades
Two major network upgrades are planned for next year.
The first, Glamsterdam, expected in the first half of 2026, focuses on improving execution efficiency and addressing MEV dynamics. Central to this update is EIP-7732, which introduces Enshrined Proposer-Builder Separation (ePBS). This aims to make block production fairer and more transparent by restructuring how blocks are built and proposed.
Glamsterdam will also include EIP-7928, enabling Block-Level Access Lists. This change is designed to allow parallel transaction processing, improving performance under heavy network load. Additional proposals target gas repricing adjustments, contract size increases, a new PAY opcode, stable SSZ implementation, and a sparse blobpool to optimize data handling.
In the second half of 2026, the Hegotá upgrade will concentrate on state growth management and long-term node sustainability. It may also mark progress toward the implementation of Verkle Trees, a key step in reducing node storage requirements and improving efficiency.
Organizational Changes and Decentralized AI Vision
Beyond technical upgrades, the Ethereum Foundation has introduced a dedicated “Platform” team. This group will focus on improving coordination between Layer 1 and Layer 2 ecosystems and providing clearer implementation guidance to builders.
The Foundation is also exploring Ethereum’s role in decentralized AI. Plans are developing to position the network as a settlement layer for autonomous AI agents, signaling a broader ambition beyond financial applications.
With a structured release cadence, tighter security standards, and ambitious scaling targets, Ethereum’s 2026 roadmap represents one of the network’s most coordinated development phases to date.
#Ethereum

Hyperliquid (HYPE), the native token of the decentralized perpetuals exchange built on its own L1 chain, is trading around $31–$32 as of February 19, 2026, roughly 47% below its 2025 all-time high near $59. Despite the drawdown, sentiment across crypto circles has turned increasingly bullish following a bold forecast from BitMEX co-founder Arthur Hayes.

Key Takeaways
Arthur Hayes targets $150 for HYPE by July 2026, implying 4–5x upside from current levels.Hyperliquid generated approximately $2.6 trillion in notional volume in 2025, reinforcing its DEX dominance.50% of protocol fees are used for HYPE buybacks, creating a real-yield deflationary flywheel.New catalysts include HIP-4 derivatives expansion, institutional partnerships, and U.S. policy lobbying.
Hayes recently projected a $150 price target for HYPE by July 2026 and backed his conviction with a $100,000 outperformance bet against any altcoin above $1 billion in market capitalization. With Hyperliquid’s market cap sitting near $7 billion and daily trading volume ranging between $200–$300 million, the token remains one of the most closely watched decentralized exchange (DEX) plays of the cycle.
Arthur Hayes’ $150 Target: Conviction or Calculated Bet?
Arthur Hayes has emerged as one of the most vocal proponents of Hyperliquid. His recent $100,000 charity wager, that HYPE will outperform any altcoin above $1 billion in market cap between February 10 and July 31, 2026, directly challenged critics who argue Hyperliquid represents “everything wrong with crypto,” citing concerns over centralization and closed-source elements.
Hayes’ $150 target implies roughly a 4–5x move from current levels. He has also floated longer-term projections suggesting triple-digit multiples over a multi-year horizon, driven by what he describes as “real yield” mechanics and structural exchange revenue. Unlike inflationary token models, Hyperliquid directs 50% of trading fees toward HYPE buybacks, creating sustained demand pressure tied directly to protocol activity.
Aggregated Analyst Forecasts: 3–5x in 2026?
Beyond Hayes, several influencers and analysts project meaningful upside for HYPE if ecosystem expansion continues. While timeframes and conviction levels vary, the consensus leans bullish, particularly if Hyperliquid captures additional market share in perpetuals, prediction markets, and traditional finance integrations.
While extreme long-term projections remain speculative, the median expectation across analysts implies 3–5x upside during 2026 if execution remains strong.
Protocol Expansion: Building “All Finance On-Chain”
Hyperliquid has accelerated development in February 2026 with a series of high-profile initiatives aimed at institutional credibility and product depth.
Policy Center Launch: On February 18, the Hyper Foundation allocated 1 million HYPE, valued at approximately $29–$30 million to establish the Hyperliquid Policy Center in Washington, D.C. The initiative focuses on DeFi advocacy and regulatory engagement in the United States.
HIP-4 Outcomes Trading: Introduced on testnet in early February, HIP-4 enables fully collateralized derivatives tied to prediction markets and options. Liquidity will be shared with perpetual markets, positioning Hyperliquid to compete with platforms like Polymarket.
Institutional Integrations: Recent partnerships include Ripple Prime for prime brokerage access and FalconX leveraged services (up to 5x for institutions). Coinbase listed HYPE earlier in February, while Hyperliquid Strategies accumulated 5 million HYPE at an average price near $26.
Open interest has grown approximately 3x year-over-year, while user accounts increased 4.6x to 1.4 million. Native stablecoin usage has also expanded exponentially, reinforcing ecosystem stickiness.
Tokenomics and Buyback Flywheel
Hyperliquid’s deflationary structure remains central to bullish narratives. Roughly $2–3 million worth of HYPE is repurchased daily through protocol-generated fees. In 2025, Hyperliquid processed approximately $2.6 trillion in notional volume, rivaling major centralized exchanges in specific markets.
This “real yield” structure ties token value directly to exchange performance rather than speculative emissions. If volume scales through HIP-4 expansion and institutional participation, buyback intensity could accelerate significantly.
Current Market Structure
Technically, HYPE is consolidating near the $30 support zone while broader crypto markets digest Bitcoin volatility. A breakout above $44 would confirm a trend reversal toward previous highs, while extended weakness could revisit the $14 accumulation zone identified by several traders.
Despite a 47% drawdown from its all-time high, daily performance has stabilized with modest gains, suggesting absorption of overhead supply. Treasury flows have reportedly absorbed controversial transaction inflows, mitigating reputational pressure.
High Beta, High Conviction
Hyperliquid represents one of the highest-beta decentralized exchange plays in the current cycle. If lobbying efforts, HIP-4 expansion, and institutional integrations drive sustained volume growth, Arthur Hayes’ $150 target, implying a 4–5x move becomes structurally plausible.
Longer-term projections hinge on whether Hyperliquid can meaningfully capture market share from centralized exchanges and prediction platforms. Comparisons to Coinbase and Binance in valuation terms suggest 6–12x upside scenarios, though execution risk remains significant.
Risks include regulatory headwinds, slower-than-expected adoption, or broader crypto market weakness. For now, sentiment remains cautiously bullish as investors monitor Q2 mainnet developments and ongoing volume metrics.
#Hyperliquid

SG-FORGE, the digital asset arm of Société Générale, has officially deployed its euro-backed stablecoin, EUR CoinVertible, on the XRP Ledger (XRPL) as of February 18, 2026.

Key Takeaways
SG-FORGE launched EURCV on the XRP Ledger on February 18, 2026.The stablecoin is backed 1:1 by bank deposits or high-quality securities.EURCV is structured to comply fully with the EU’s MiCA regulation.Integration with Ripple Payments and Liquidity Hub is planned.Circulating supply stands at approximately 70.51 million tokens. 
The move marks the token’s third major blockchain expansion, following earlier launches on Ethereum and Solana, and signals a broader push into multi-chain infrastructure.
The deployment leverages Ripple Custody technology, previously known as Metaco, to secure reserves and manage on-chain issuance. With this integration, EURCV is also expected to become embedded within Ripple’s institutional product suite, including Ripple Payments and Liquidity Hub, where it can serve as trading collateral and settlement infrastructure.
Multi-Chain Strategy Gains Momentum
By adding the XRP Ledger to its supported networks, SG-FORGE is reinforcing a multi-chain approach designed to maximize liquidity access and cross-border utility. The XRPL is widely recognized for its payments-focused architecture, offering settlement times of roughly 3 to 5 seconds and throughput capacity of up to 1,500 transactions per second.
Transaction costs on the XRPL are also significantly lower compared to many other Layer-1 networks, making it an attractive environment for stablecoin transfers and real-world asset tokenization.
As of launch, EURCV’s circulating supply stands at approximately 70.51 million tokens. The stablecoin is backed on a 1:1 basis by bank cash deposits or high-quality liquid securities, according to SG-FORGE disclosures.
MiCA-Compliant Euro Stablecoin
EURCV holds a distinct regulatory position in Europe. It is designed to be fully compliant with the EU’s Markets in Crypto-Assets (MiCA) framework, making it the first euro-denominated stablecoin structured specifically around the new regulatory regime.
This positioning could prove critical as European policymakers aim to strengthen euro-based digital assets in response to the overwhelming dominance of U.S. dollar-pegged stablecoins such as USDT and USDC in global markets.
From SWIFT Pilot to On-Chain Expansion
The XRPL launch follows a SWIFT pilot conducted earlier in 2026, where EURCV was tested for the exchange and settlement of tokenized bonds. That initiative highlighted the potential for euro-backed stablecoins to function within institutional-grade financial rails while maintaining blockchain-based programmability.
With the XRPL integration now live, SG-FORGE appears to be advancing beyond experimentation toward broader operational deployment. The expansion reflects a growing institutional trend: combining regulated banking structures with blockchain-native payment infrastructure to create compliant, cross-border digital cash alternatives.
#XRPledger

Kraken se extinde mult dincolo de rădăcinile sale ca schimb de criptomonede. Pe 18 februarie 2026, compania mamă, Payward, a confirmat achiziția Magna, o platformă de gestionare și vesting a token-urilor Web3 în rapidă creștere, adesea descrisă ca „Carta pentru Web3.”

Principalele concluzii
Kraken a achiziționat Magna pentru a se extinde în serviciile de ciclu de viață al token-urilor.
Magna va rămâne independentă, dar își va integra uneltele de vesting și distribuție în platforma Kraken.
Afacerea face parte din impulsul agresiv de achiziții al Kraken înainte de o potențială IPO.

Fondurile tranzacționate la bursă legate de criptomonedele majore au văzut o presiune reînnoită pe 18 februarie, cu produsele Bitcoin și Ethereum înregistrând ieșiri nete pe măsură ce prețurile activelor digitale au scăzut.

Puncte cheie:
ETF-urile Bitcoin au înregistrat aproximativ $133.3 milioane în ieșiri nete.
ETF-urile Ethereum au înregistrat aproximativ $41.8 milioane în răscumpărări nete.
ETF-urile Solana au raportat un mic influx net de $2.0 milioane.
ETF-urile XRP au văzut aproximativ $2.21 milioane în ieșiri.
Cele mai recente date de flux indică o continuare a precauției printre investitorii instituționali pe măsură ce piețele de criptomonede se consolidează în mijlocul incertitudinii macroeconomice și a pierderii momentului.

Trader veteran Peter Brandt, care a avertizat anterior că Bitcoin ar putea să scadă sub 63.000 USD, acum spune că token-ul „ar putea crește”, chiar dacă susține că structura corectivă mai largă nu este încă completă.

Puncte cheie:
Brandt vede oportunități pentru o revenire pe termen scurt într-o tendință corectivă mai largă.
Bitcoin se tranzacționează aproape de 67.000 USD după ce nu a reușit să se mențină deasupra rezistenței de 68.000 USD.
Indicatorii de moment arată condiții neutre-slab, nu capitulare.

Dominanța și fluxurile ETF sugerează o convingere limitată în spatele mișcărilor ascendente.

Casa Albă este pregătită să convoace o a treia întâlnire de nivel înalt axată pe randamentul stablecoin, aducând împreună reprezentanți de la bănci mari și firme de criptomonede de frunte la 9:00 a.m. ET, conform raportării lui Eleanor Terrett.

Puncte cheie:
A third White House meeting on stablecoin yield is scheduled for 9:00 a.m. ET.
Reprezentanți seniori de la bănci mari și firme de criptomonede sunt așteptați să participe.
Discuțiile se vor concentra probabil pe reglementare, risc și structură de piață.
Discuțiile semnalează o implicare federală intensificată în politica activelor digitale.

Phantom a introdus un nou server MCP conceput pentru a permite agenților de inteligență artificială să interacționeze direct cu rețelele blockchain, marcând un pas către o integrare mai profundă între sistemele AI și infrastructura de finanțe descentralizate.

Puncte cheie:
Phantom a lansat un server MCP care permite agenților AI să execute tranzacții onchain.
Agenții pot schimba tokenuri, semna tranzacții și gestiona adrese.

Instrumentul este compatibil cu Claude, OpenClaw și alți clienți MCP.
Semnalele de mișcare indică o convergență tot mai mare între agenții AI și finanțele descentralizate.

Capital is rotating aggressively back into Bitcoin as altcoin trading activity contracts sharply, signaling a defensive shift across the crypto market.

Key Takeaways
Altcoin volumes on Binance have dropped nearly 50% since November.Bitcoin reclaimed volume dominance and now holds around 58–60% market share.Whales accumulated over 100,000 BTC in 2026, reinforcing support near $65K.Capital is rotating toward Bitcoin as investors seek liquidity and stability.
After a steep correction, Bitcoin is consolidating between $72,000 and $65,000, a range that has become a battleground for whales, long-term holders, and institutional investors. Trading activity within this zone suggests large players are actively accumulating while broader market sentiment remains cautious.
Binance Data Shows Clear Rotation
A breakdown of trading volumes on Binance highlights a decisive redistribution of liquidity.
As Bitcoin moved back above $60,000, its share of total exchange volume surged. On February 7, BTC accounted for 36.8% of total Binance trading volume, reclaiming dominance and maintaining that lead through mid-February.
In comparison:
Altcoins represented 35.3% of exchange activity.Ethereum accounted for 27.8%.
The contraction in altcoin participation has been severe. In November, altcoins made up 59.2% of Binance trading volume. By February 13, that figure had dropped to 33.6% - an almost 50% decline in activity.
This pattern mirrors previous corrective phases seen in April 2025, August 2024, and October 2022 near the end of the prior bear cycle.

Bitcoin Dominance Near 60%
Broader market metrics reinforce the shift. Bitcoin’s market dominance has stabilized between 58% and 60% as of February 17, reflecting what analysts describe as a “flight to liquidity.” The Altcoin Season Index has retreated to around 41, signaling that the late-2025 altcoin momentum has faded.
While overall altcoin volumes have shrunk, capital has not fully exited the ecosystem. Instead, flows have become more selective, with institutional interest concentrated in higher-liquidity assets such as Ethereum, Solana, and Chainlink.
Whale Accumulation Builds Support
On-chain data shows that wallets holding between 1,000 and 10,000 BTC have added more than 100,000 BTC since the start of 2026. This accumulation has contributed to a perceived price floor in the $60,000 to $70,000 range.
At the same time, recent spot Bitcoin ETF outflows - estimated at roughly 18,000 BTC in mid-February - have added short-term pressure, reinforcing the current consolidation phase.
Bitcoin is now trading near $68,000, with strong support at $65,000 and resistance at $72,000. Meanwhile, Ethereum has lagged, with the ETH/BTC ratio hitting recent lows as ETH trades between $1,950 and $2,250.
Macro Uncertainty Drives Defensive Positioning
Rising macro uncertainty, including questions surrounding the Federal Reserve leadership transition and the nomination of Kevin Walsh, has increased risk aversion across markets.
Historically, during periods of stress, capital consolidates around Bitcoin before dispersing into higher-beta assets. The current environment appears to follow that same blueprint.
As volatility persists, trading behavior suggests investors are prioritizing liquidity and capital preservation - reinforcing Bitcoin’s role as the market’s central benchmark asset.
#bitcoin #altcoins

Bitcoin has officially entered a bear cycle as of February 2026, according to Ki Young Ju, the CEO of CryptoQuant. The call comes as on-chain data and institutional flows point to a structural shift in market dynamics rather than a temporary correction.

Key Takeaways
CryptoQuant CEO Ki Young Ju says Bitcoin entered a clear bear cycle in February 2026.U.S. spot Bitcoin ETFs have shifted from heavy buying in 2025 to net selling in early 2026.Bitcoin’s Realized Cap has stalled, signaling weak fresh capital inflows and limited upside momentum.
Ju argues that the current downturn is being driven largely by institutional distribution, reversing the strong accumulation phase that defined much of 2025. In his view, recovery will likely require either a deeper price reset toward the $55,000 realized price level or a prolonged period of sideways consolidation lasting between six and twelve months.
One of the most significant warning signs is the reversal in U.S. spot Bitcoin ETF flows. In early 2025, ETFs were aggressive buyers, absorbing roughly 46,000 BTC. That trend has now flipped. In early 2026, ETFs have reportedly become net sellers, offloading around 10,600 BTC.
This shift represents more than routine portfolio rebalancing. It signals a cooling of institutional appetite that previously acted as a strong price floor. Without consistent ETF inflows, the market has struggled to sustain upward momentum.
Capital Inflows Stall
Ju also highlights stagnation in Bitcoin’s Realized Cap - a metric tracking the total value of coins based on their last moved price. According to him, this indicator has flattened, suggesting that fresh capital is no longer entering the ecosystem at a meaningful pace.
He describes the current environment as “unpumpable,” meaning even large buy orders fail to produce sustained rallies. Without new liquidity, price rebounds tend to fade quickly.
Several technical zones are now under close watch:
$55,000: Considered a major support level based on the average acquisition cost of multiple investor cohorts.$70,000 to $60,000 range: A breakdown below the 365-day moving average increases the probability of further downside into this region.
A decisive move toward $55,000 would align Bitcoin closer to its realized price, historically a zone where long-term bottoms tend to form.
A Different Kind of Bear Market
Unlike previous cycles that saw rapid 50% drawdowns, Ju believes this phase may unfold differently. He argues that Bitcoin’s investor base has matured. Large holders - including corporate treasuries such as MicroStrategy - are unlikely to trigger panic selling waves.
Instead, the market could experience extended sideways movement, gradually absorbing supply rather than collapsing in a single dramatic move.
Another concerning development is the contraction in stablecoin liquidity. For the first time since 2023, circulating supply of Tether (USDT) has declined. Historically, shrinking stablecoin liquidity has coincided with bearish phases, as fewer sidelined dollars are available to re-enter crypto markets.
Combined with ETF outflows and stalled capital growth, the liquidity backdrop adds weight to the bear cycle narrative.
What Comes Next?
If Ju’s assessment proves accurate, Bitcoin may face either a deeper corrective move toward $55,000 or an extended consolidation phase lasting up to a year. While the structure of this downturn may differ from past crashes, the underlying message remains clear: institutional behavior and liquidity conditions now play a decisive role in shaping Bitcoin’s trajectory.
For investors, the coming months could define whether this cycle marks a typical mid-cycle reset - or the beginning of a longer recalibration phase for the world’s largest cryptocurrency.
#bitcoin

Autoritățile ruse se apropie de o reformă cuprinzătoare a pieței criptomonedelor din țară, cu platforme de schimb valutar care ar putea fi blocate încă din vara anului 2026.
Punctele cheie
Bursele de criptomonede străine ar putea fi supuse blocării la nivel DNS în Rusia începând cu vara anului 2026.
Un nou cadru de licențiere trebuie finalizat până la 1 iulie 2026.
Bursele interne se pregătesc pentru lansările reglementate de tranzacționare cu criptomonede.
Investitorii cu amănuntul se vor confrunta cu limite stricte de cumpărare anuală.
Schimbarea vine înainte de termenul limită din 1 iulie 2026 pentru ca legislatorii să finalizeze un cadru național pentru activele digitale prin Duma de Stat.

Fluxurile fondurilor tranzacționate la bursă legate de criptomonedele majore au fost mixte pe 17 februarie, reflectând o poziționare prudentă înaintea unor catalizatori macroeconomici cheie din SUA și a volatilității continue pe piețele de active digitale.

Puncte cheie:
Bitcoin ETFs au înregistrat aproximativ 104,9 milioane de dolari în ieșiri nete.
ETF-urile Ethereum au atras aproximativ 48,6 milioane de dolari în intrări nete.
ETF-urile Solana au înregistrat intrări modeste de aproximativ 2,2 milioane de dolari.
Fluxurile ETF-ului XRP au rămas neschimbate în ziua respectivă.
În timp ce produsele Bitcoin au înregistrat ieșiri nete, fondurile Ethereum au adus intrări proaspete, iar vehiculele Solana au înregistrat câștiguri modeste. ETF-urile legate de XRP au fost plate.

Narațiunea Bitcoin ca „aur digital” a trecut printr-un test serios în 2025. În timp ce Bitcoin a început anul cu un impuls puternic, după o mare rally din 2024, aurul a înregistrat una dintre cele mai puternice performanțe anuale din ultimele decenii. Divergența a remodelat dezbaterea privind păstrarea valorii înainte de 2026.

Concluzii Cheie
Aurul a crescut cu aproximativ 55–65% în 2025, atingând noi maxime istorice aproape de $4,000 pe uncie.
Bitcoin a încheiat 2025 plat sau negativ după ce a atins un vârf de peste $120,000 mai devreme în an.
Perspectivele pentru 2026 rămân mixte: aurul menține vânturi structurale favorabile, în timp ce Bitcoin depinde de o lichiditate reînnoită și de catalizatori instituționali.