Author: driver789
BlockFills, an institutional-focused digital asset trading and lending firm, has temporarily suspended client deposits and withdrawals, citing recent market and financial conditions, according to reporting from the Financial Times. A notice was sent last week and stated the suspension was intended “to further the protection of our clients and the firm.” It added that any funds deposited during the suspension period would be refused and returned. Clients were told they could continue trading under certain restrictions, including the possibility that positions or loans requiring additional margin could be closed. BlockFills provides spot and derivatives execution, structured products, and crypto-backed lending…
BitMine executive Tom Lee discussed Ethereum’s price outlook at Consensus, saying past downturns have always ended in sharp, “V-shaped” recoveries. Summary BitMine executive Tom Lee says Ethereum is likely nearing a bottom, noting that ETH has recovered from every major 50%+ drawdown since 2018. Lee points to a potential “undercut” near $1,890 as a technical signal that the current sell-off could be close to exhaustion. Ethereum is trading near $1,900 support, with momentum indicators suggesting selling pressure is easing, though key resistance remains overhead. Ethereum has always rebounded after major drops, says Tom Lee Lee pointed out that Ethereum (ETH)…
The United Kingdom’s government has appointed HSBC’s tokenization platform to power a pilot issuance of digital government bonds, known as “gilts,” marking the latest step in its push to modernize sovereign debt markets using blockchain technology.His Majesty’s Treasury has appointed HSBC Orion to facilitate the Digital Gilt Instrument (DIGIT) pilot issuance, according to a Thursday announcement.The Treasury published a DIGIT pilot update in July 2025, outlining plans to explore blockchain applications in UK sovereign debt issuance and to support the development of domestic tokenization infrastructure.“We want to attract investment and make the UK the best place to do business,” said…
Binance did not cause the crypto market liquidation event on Oct. 10, but every exchange — centralized or decentralized — saw massive liquidations that day after China imposed rare earth metal controls and the U.S. announced fresh tariffs, said Binance Co-CEO Richard Teng.About 75% of the liquidations took place around 9:00 p.m. ET, alongside two unrelated, isolated issues: a stablecoin depegging and “some slowness in terms of asset transfer,” Teng said Thursday at CoinDesk’s Consensus Hong Kong conference.”The U.S. equity market plunged $1.5 trillion in value that day,” he said. “The U.S. equity market alone saw $150 billion of liquidation.…
Bitcoin is printing on-chain loss-taking on a scale last seen during the Luna/UST meltdown, but at a radically different price point, a distinction that changes what the signal likely means for this drawdown. Axel Adler Jr. said Bitcoin’s Net Realized Profit/Loss has sunk deep into negative territory, with the 7-day moving average falling to -$1.99 billion on Feb. 7 before improving slightly to -$1.73 billion by Feb. 10. That places the current regime among the most severe loss-dominant stretches on record. Adler described it as “the second deepest negative reading in the entire history of observations,” exceeded only by June…
The American exchange Coinbase has introduced Agentic Wallets, a wallet infrastructure designed for autonomous AI agents. Introducing Agentic Wallets, our first ever wallet infrastructure built specifically for autonomous agents.Give your agent the power of a wallet. Let your agent manage funds, hold identity, and transact onchain without human intervention. 🧵 pic.twitter.com/Ns0SmSIys4— Coinbase Developer Platform🛡️ (@CoinbaseDev) February 11, 2026 This new tool enables digital assistants to independently store funds, make payments, trade tokens, earn income, rebalance positions in the DeFi sector, and conduct on-chain transactions. The developers highlighted the presence of built-in security mechanisms to prevent unauthorized actions. “AI agents are…
In Peru’s diverse landscapes—from Andean highlands to coastal surf towns and Amazonian outposts—Bitcoin is quietly taking root, not through top-down mandates or corporate adoption but through grassroots efforts that blend humanitarian aid with Bitcoin’s sense of financial sovereignty. At the forefront is Motiv Peru, a non-profit co-founded by Rich Swisher and Valentin Popescu, which has spent years equipping underserved and unbanked communities to use Bitcoin for everyday needs, education, and local trade. What began as a simple shoe donation program in 2019 has evolved into a network of about 10 active zones with hubs in Lima, Cusco, and Huanchaco and…
Ethereum price dropped below $2,900 for the first time in 5 weeks as recent geopolitical concerns drove investors away from the crypto market. Summary Ethereum price briefly fell to a 5-week low of $2,872 on Thursday. Geopolitical concerns and consecutive outflows from ETFs impacted market sentiment. A bearish pennant pattern was confirmed on the daily chart. According to data from crypto.news, Ethereum (ETH) fell to an intraday low of $2,872 on Thursday morning Asian time after it lost the key $3,000 pyscologcial support level earlier on Tuesday. Ethereum price dropped because investors had turned risk-averse after U.S. President Donald Trump…
Fundstrat head of research Tom Lee said he expects Ether to rebound quickly following recent declines, arguing the asset has experienced eight such recoveries since 2018. “A lot of people are frustrated, but keep in mind that Ethereum, since 2018, has fallen more than 50% eight times,” said Lee at a conference in Hong Kong on Wednesday. Last year, Ethereum fell 64% from January to March, he added. “But eight out of eight times, Ethereum has had a V-shaped bottom. So it has recovered 100% of the time within almost the same speed that it fell.” He argued that nothing has changed and…
Stretch (STRC), the perpetual preferred equity issued by Strategy (MSTR) the world’s largest corporate bitcoin holder reclaimed its $100 par value during Wednesday’s U.S. session for the first time since mid-January. STRC trading at or above par enables the company to resume at-the-market (ATM) offerings to fund further bitcoin acquisitions. STRC last hit the $100 level on Jan. 16 when bitcoin hovered near $97,000; however, as the largest cryptocurrency by market capitalization retreated to as low as $60,000 by on Feb. 5, STRC dipped to a low of $93 before its recent rebound. Positioned as a short-duration, high-yield credit instrument,…