LBANK INFO CRYPTOCURRENCY

BitMine Immersion Technologies kept buying as prices fell, scooping up 40,613 ETH during last week’s sell-off. Reports say the purchase totaled roughly $83–$84 million, made when Ether traded near $2,020 per token. BitMine’s Growing Stake And The Man At The Helm According to recent coverage , the move pushed BitMine’s total Ethereum holdings to around 4.32–4.33 million ETH, a stash worth billions at current prices. Executive chairman Tom Lee has framed the dip as an attractive entry point and has voiced confidence in a bounce back. Paper Losses Widen As Prices Slide Reports note that the firm’s large cost basis for its accumulated ETH has left its treasury sitting on multibillion-dollar unrealized losses. Estimates in the latest pieces place those paper losses between about $7.5 billion and $8 billion, depending on which price is used to mark the holdings. That gap widened as Ether fell from higher levels into the low-$2Ks. Market And Shareholder Response BitMine’s aggressive bu...

Bitcoin miner Cango has announced it offloaded BTC worth $305 million over the weekend as it looks to fund a strategic pivot into AI compute. Cango Has Offloaded 4,451 Bitcoin To Fund AI Pivot As announced in a press release , Cango has completed a Bitcoin sale involving 4,451 tokens. The company’s offloading occurred on the open market over the weekend and was settled directly in the stablecoin USDT . In total, the sale produced proceeds of about $305 million. “The full amount of the USDT proceeds has been utilized to partially repay a Bitcoin-collateralized loan,” noted the press release. Founded in 2010, Cango was originally an automotive transaction service platform connecting car buyers, dealers, and financial institutions. In 2024, the firm diversified into Bitcoin mining, initially deploying 32 EH/s in hashrate and then upgrading it to 50 EH/s in 2025. At the same time, it also started accumulating the cryptocurrency. After its buying over the course of 2025, Cango’s holdi...

Ethereum’s core backers have stepped up after a string of clever thefts that empty users’ wallets in seconds. A new link between the Ethereum Foundation and Security Alliance, known as SEAL, aims to make those quick hits harder to pull off. Reports say the move will widen who watches for threats and how quickly fixes are pushed out. Ethereum Foundation Joins SEAL According to coverage from multiple outlets, the Foundation is sponsoring a dedicated security engineer within SEAL to chase down wallet drainers and phishing networks. SEAL will receive funding to bring in one specialist whose role centers on tracking harmful infrastructure. That includes fake websites, hidden scripts, and backend tools that allow funds to be pulled the moment a user signs the wrong request. Based on reports, this work sits under the Trillion Dollar Security effort, which maps weak spots across user design, smart contracts, and social attack routes. The goal is simple. Turn scattered warnings into faste...

Federal Reserve (Fed) Governor Christopher Waller said on Monday that progress on the long‑anticipated crypto market structure legislation, commonly referred to as the CLARITY Act, appears to have stalled in Congress.  His remarks come as lawmakers remain divided over key issues, most notably stablecoin yield provisions and the Federal Reserve’s proposal for so‑called “skinny” master accounts, a topic earlier highlighted by Crypto In America. Stablecoin Yield Fight Fuels CLARITY Act Stalemate Waller’s comments quickly drew reaction from market observers. Crypto analyst MartyParty noted on X that the governor’s assessment reflects the ongoing deadlock surrounding the CLARITY Act. According to MartyParty, the delay is not accidental. He argued that resistance from the banking sector has intensified, particularly around the treatment of stablecoin yields and rewards.  At the center of the dispute is whether crypto platforms such as exchanges and digital wallets should be a...

Bitcoin is struggling to hold the $70,000 level as the market shows clear signs of weakening demand following weeks of sustained selling pressure. After several failed recovery attempts, price action continues to reflect fragile sentiment, with liquidity thinning and volatility increasing. Investors remain cautious as macro uncertainty, declining risk appetite, and persistent outflows from speculative assets weigh on the broader crypto market. A recent analysis from Axel Adler indicates that the bear market underway since November 2025 has entered a deeper phase following last Friday’s sharp decline, which pushed total drawdown to roughly 46% from the cycle peak. This magnitude of correction historically marks a transition from an early pullback into a more mature bearish stage, where sentiment typically deteriorates further before stabilization occurs. The report highlights that Bitcoin has approached the 1.25× Realized Price Band, a historically significant level that often separat...

Bitcoin is struggling to reclaim the $70,000 level after several days of recovery from the recent $60,000 low, reflecting a market still searching for stability. The rebound offered temporary relief following intense selling pressure, yet momentum appears fragile as resistance continues to cap upside attempts. Volatility remains elevated, and sentiment has yet to fully recover from the sharp drawdown that pushed prices toward multi-month lows. Amid this uncertain backdrop, fresh data indicate that the Binance SAFU Fund has purchased an additional 4,225 BTC, valued at roughly $299.6 million. The move comes at a time when broader market confidence remains subdued, immediately drawing attention from analysts tracking institutional positioning and liquidity dynamics. Historically, large strategic purchases during periods of weakness have sometimes preceded stabilization phases, although they do not guarantee an immediate reversal. Market participants are now debating whether this accum...

Quick Facts: Institutional Bitcoin treasuries are shifting focus from passive holding to active yield generation, creating demand for robust Layer 2 infrastructure. Capital B recently acquired 5 $BTC for a sum of $320K. Bitcoin Hyper utilizes the Solana Virtual Machine (SVM) to bring high-speed smart contracts and sub-second finality to the Bitcoin network. The integration of a decentralized Canonical Bridge allows for secure, trust-minimized asset transfers between Bitcoin L1 and the execution layer. The era of passive Bitcoin accumulation is dying. In its place? A race for capital efficiency. Recent market movements indicate that Capital B, the heavy-hitting class of institutional allocators and corporate treasuries, is no longer satisfied with merely holding the asset. As giants like MicroStrategy and Semler Scientific vacuum up liquidity, a secondary supply shock is emerging, characterized not just by scarcity but by a desperate demand for yield on these dormant assets....

Quick Facts: The ‘Everybody Coinbase’ Karaoke Ad Signals Crypto’s Shift From Niche Speculation To Mainstream Utility. Coinbase Utilized High-Energy Shared Experiences To Prove That Digital Assets Are Now Accessible To Everyone. SUBBD Token differentiates itself by combining crypto payments with proprietary AI tools like voice cloning and automated personal assistants. With over $1.47M raised and a 20% APY staking incentive, the project demonstrates strong early validation from value-focused investors. The trajectory of crypto adoption is often mapped by the audacity of its marketing, and few metrics tell that story better than the sentiment surrounding Coinbase’s Super Bowl advertising strategy. On February 8, 2026, Coinbase unveiled its ‘Everybody Coinbase’ campaign, a karaoke-style singalong to ‘Everybody (Backstreet’s Back)’ that replaced the viral minimalism of the 2022 bouncing QR code with a high-energy call for mainstream inclusion. While the 2022 ad crashed servers...

Bitcoin got hit hard on Feb. 5 (down 13.2%), and Jeff Park’s take is pretty blunt: this didn’t look like a crypto headline. It looked more like tradfi plumbing: margin, derivatives, and ETF mechanics, running through spot Bitcoin ETFs, with BlackRock’s IBIT right in the middle. Here’s the odd part: flows didn’t show the big redemptions you’d normally expect on a day like that. Why Did Bitcoin Crash On Feb. 5? Park starts with the ETF tape in his X post from Feb. 7. IBIT, he said, did record volume—“2x the prior high, 10B+”—and options were going nuts too, with contract counts at launch-era highs. And unlike prior spikes in options interest, he says this one leaned put-heavy, based on a clear volume imbalance. That timing matters. It landed right as markets were going risk-off across the board. Park cited Goldman’s prime brokerage desk calling Feb. 4 one of the worst daily performance events for multi-strat funds, around a 3.5 z-score—basically a “0.05% event” in his framing. When t...

The price of Bitcoin is nearly 45% away from its all-time high of $126,080, reflecting a worsening market climate over the past few months. One of the indicators that confirmed the emergence of the bear market was the breach of the 365-day moving average to the downside late last year. Using this metric, a prominent crypto researcher has come forward with an evaluation that shows how the current Bitcoin bear market compares to the past ones. BTC Price Is 30% Below 365-Day Moving Average In a new post on the social media platform X, CryptoQuant’s head of research, Julio Moreno, revealed that the current bear market performance compares to the ones seen in Bitcoin’s recent history. The indicator in focus in this analysis is the 365-day simple moving average (SMA) on the BTC price chart. Moreno defined the start of the bear market as the moment when the price of Bitcoin crossed below the 365-day SMA. According to the on-chain expert, the premier cryptocurrency is down by 30% so far i...

The US Commodity Futures Trading Commission (CFTC) has amended a recent staff advisory to recognize payment stablecoins issued by national trust banks as eligible margin collateral. This move forms part of a broader regulatory initiative by the Commission on digital asset integration in line with US President Donald Trump’s pro-crypto agenda. Related Reading: US Treasury Sec To Wall Street: If You Hate Crypto Rules, El Salvador Is Waiting CFTC Clears FCMs To Accept Bank-Issued Stablecoins As Collateral  In a press release on February 6, the CFTC’s Market Participants Division (MPD) announced an update to the CFTC Staff Letter 25-40, which communicated the “Staff No-Action Position Regarding Digital Assets Accepted As Margin Collateral.” This memo was initially released on December 8, allowing all CFTC-registered futures commission merchants (FCM) to accept non-securities digital assets, e.g., payment stablecoins, as margin collateral as well as hold specific proprietary stable...

Recent data shows that the Bitcoin mining difficulty has experienced a major decline in the last day. This development follows significant bearish price struggles in the past week, which saw Bitcoin fall by an aggregate 11%. Bitcoin Mining Difficulty Records Historic Fall Since China’s Crackdown The mining difficulty, as the name implies, measures how hard it is for miners to solve the mathematical problem required to add a new block to the Bitcoin blockchain. Therefore, a rise in difficulty suggests that mining is challenging for the average network node and vice versa. Generally, the Bitcoin network adjusts this metric every 2,016 blocks (approximately two weeks). According to the developer mononaut , Bitcoin recorded an 11.6% drop in mining difficulty over the past 24 hours, representing the largest single adjustment since China’s ban and the tenth largest negative adjustment of all time. In 2021, the Asian nation issued a prohibitive order against all forms of Bitcoin mining ac...

Crypto expert Cypress has highlighted developments that XRP holders should be paying attention to. The expert alluded to Ripple’s roadmap for institutional DeFi on the XRP Ledger (XRPL), with the firm noting that XRP is at the core of all these plans.  Developments XRP Holders Should Focus On In an X post , Cypress stated that every holder should pay attention to the developments Ripple outlined in its institutional DeFi roadmap. The expert highlighted features such as native on-chain privacy, permissioned markets, and institutional lending, which are set to live in the coming months on the XRP Ledger (XRPL) .  Ripple noted that with these features, the XRP Ledger isn’t just positioning itself as a chain for tokenization but as an end-to-end operating system for real-world finance. Meanwhile, Cypress highlighted Ripple’s statement about how the indirect impact that they can focus attention on is through how XRP is used in base-layer operations.  These operations inc...

Reports show a big reshuffle in Bitcoin holdings as price swings spooked some big wallets and invited smaller players back into the market. According to Santiment , wallets holding between 10 and 10,000 BTC — the so-called “whale and shark” cohort — have trimmed their share of the total supply to a nine-month low, now around 68% after a recent wave of selling. This pullback included roughly -81,068 BTC moved out of those buckets in about eight days. Whales Cut Stakes, Retail Steps In Retail buyers have been the active counterparty. Reports note that “shrimp” wallets — those holding less than 0.1 BTC — climbed to their highest share since mid-2024, now accounting for roughly 0.24% of supply. The pattern is familiar: large holders pare exposure, smaller accounts pick up coins on dips. The result is sharper swings in price as the market rebalances. Market Moves And What They Mean Price action pushed the story into view. Bitcoin slid from higher levels into the low $60,000s, briefl...

Bitcoin’s (BTC) slide below the $65,000 mark this week has rippled far beyond the crypto market, dragging down mining stocks and weighing on Asian equities already under pressure from a global tech sell-off. The world’s largest cryptocurrency briefly dipped just above $60,000, its lowest level in about 15 months, before attempting a modest rebound. Even with that recovery, sentiment across digital assets and related equities remains fragile as investors reassess risk in an uncertain macro environment. Whales Retreat As Sentiment Deteriorates On-chain data shows a notable shift in Bitcoin ownership during the sell-off. According to Santiment , whales and sharks, controlling between 10 and 10,000 BTC, have reduced their share of Bitcoin’s circulating supply to around 68.04%, a nine-month low. The large Bitcoin holders have sold roughly 81,000 BTC over the past eight days, coinciding with Bitcoin’s drop from near $90,000 to the mid-$60,000 range. Similarly, smaller investors have co...

Tether has put a big bet on bullion. Reports say the stablecoin issuer bought a roughly $150 million stake in Gold.com, taking about 12% of the shares at a price that undercuts recent trading. That move follows signals that both firms want to tie physical gold markets to digital tokens more closely. Investors reacted with a mix of curiosity and caution. Tether Takes A Stake Reports note the deal gives Tether the right to name a board member at Gold.com. That matters because it means more than money changes hands; it opens a direct line between a major crypto issuer and a major bullion distributor. The firms plan to explore a gold leasing facility of at least $100 million, a step that could help move metal without always shifting cash around. Gold.com will also accept Tether’s stablecoins, including USDT and USAT, as part of the collaboration. Tether Makes $150 Million Strategic Investment in https://t.co/wkdntYlIFB , Expanding Global Access to Tokenized and Physical Gold Read ...

The Cardano price outlook is tilting further to the downside as weakening market structure, fading ETF optimism, and broader crypto risk-off sentiment weigh on ADA. While much of the recent attention has been on sharp declines in large-cap tokens like XRP, the same forces are quietly pressuring Cardano, pushing it closer to a key technical inflection point around the $0.29 level. ADA has struggled to attract sustained demand since the start of the year, with rallies repeatedly stalling as liquidity thins across the altcoin market. The token’s inability to hold above short-term support zones now raises the risk of a deeper correction. ETF Momentum Fades as Market Focus Narrows One factor weighing on the Cardano price is the loss of relative ETF momentum. As institutional attention concentrates on assets with clearer regulatory narratives or active derivatives demand, ADA has slipped out of the spotlight. Capital flows are rotating toward more liquid large-cap plays, leaving Cardan...

XRP just gained a new category of on-chain utility following the launch of modular lending on the Flare Network. According to a recent announcement by the blockchain network, modular lending for XRP has debuted on the network through an integration with Morpho and Mystic Finance. The new update makes it such that FXRP holders can put their XRP exposure to work in curated, yield-bearing vaults and also borrow against that position on-chain, a feature known as earn yield and borrow without selling. Modular Lending Goes Live And Brings DeFi Utility To XRP The most important part of the announcement is Morpho’s deployment on the Flare Network, a move that unlocks permissionless lending markets tied to XRP through FXRP, Flare’s XRP-pegged asset used in its XRPFi stack.  Flare described Morpho as a universal lending network with more than $10 billion in total deposits across EVM chains. Notably, the integration with Morpho is the first time modular lending has been made available...

Pantera Capital CEO Dan Morehead told attendees at Ondo’s conference that sovereign competition could become the next big driver of bitcoin demand, predicting what he called a “global arms race” for BTC “within the next two or three years” as countries rethink reserve strategy in a more fractured geopolitical environment. “I would say my one very out of consensus view is I think there will be a global arms race for Bitcoin within the next two or three years,” Morehead said . “Countries like the United States are establishing strategic Bitcoin reserves. Countries that are aligned with us like the UAE are acquiring cryptocurrencies, Bitcoin.” He argued the larger shift would come when adversarial blocs decide it’s strategically reckless to warehouse national savings in assets seen as vulnerable to US pressure. “The big one though is… countries that are antagonistic to the United States will realize like China , super crazy to have a thousand years of your life savings stored in an asse...

BitMine chairman Tom Lee has responded to talks about the firm’s unrealized Ethereum treaury losses, arguing they are part of the design. BitMine’s Ethereum Holdings Are In Notable Loss After The Crash The digital asset sector has seen a major bearish turn over the past week and Ethereum has been among the worst-hit assets, declining by nearly 25%. A consequence of this drawdown has been that BitMine , the largest corporate holder of ETH, has witnessed its reserves go into a significant loss. BitMine is still relatively new in the treasury space, having adopted Ethereum on its balance sheet in only June of last year. Despite the short span that the strategy has had to run, the firm has already accumulated a notable amount of the cryptocurrency. As of a Monday press release , BitMine holds 4,285,125 ETH, equivalent to 3.55% of the asset’s total supply in circulation. However, since BitMine started buying right on the heels of the ETH bull rally, a lot of its tokens were purchased at...