Author: driver789
Bitcoin (BTC) closed a weekly candle below its 200-period exponential moving average (EMA) for the first time since October 2023. The weekly close ended a technical uptrend that lasted for 882 days.The shift in trend renews focus on BTC’s onchain cost-basis levels and its historical interaction with the key moving average across previous cycles, framing a broader recovery timeline based on past market behavior.The weekly trend may flip to resistance for BitcoinThe 200-week EMA tracks Bitcoin’s long-term trend and has historically separated expansion phases from the deeper corrective periods. On the weekly chart, BTC closed below the average near $67,628,…
Meme coin volatility is back in focus as the third week of February 2026 delivers explosive short-term rallies. While large-cap assets struggle to establish a clear direction, select low-cap tokens are posting double- and even triple-digit gains. However, with rapid price expansions comes heightened correction risk. Thus, BeInCrypto has analysed three such meme coins that are pivotal to watch in the final week of February. SIREN price has surged 100.5% over the past week, trading at $0.279 at the time of writing. The meme coin is benefiting from renewed investor optimism. Declining exchange outflows indicate holders are retaining tokens, a…
Solana Company (HSDT) said it plans to build a high-speed infrastructure network across the Asia-Pacific region to support the growth of the Solana blockchain and diversify its revenue streams.The initiative, called the “Pacific Backbone,” will connect Seoul, Tokyo, Singapore and Hong Kong with a low-latency cluster designed to support staking, validation and trading services on Solana.The move targets institutional demand across the region, which has become a hotspot for crypto adoption, cross-border payments and digital asset development.The buildout aims to make Solana’s infrastructure more accessible and reliable for market makers, high-frequency traders, and financial institutions, according to a press release.The…
BitMine stock price remains in a tight range this week, even as Ethereum dropped to a multi-week low of $1,880. Summary BitMine stock has formed a large falling wedge pattern on the three-day chart. It continued to accumulate ETH as it moved towards owning 5%. Data shows that the short interest has jumped to 6%. The BMNR stock was trading at the key support level at $20, down by almost 90% from its highest level in July last year. BitMine stock has wavered as the company has continued accumulating Ethereum (ETH). Data shows that the company has bought over 168,000…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…
Strategy has completed its 100th bitcoin acquisition since adopting the cryptocurrency as its primary reserve asset in 2020, purchasing 592 BTC for roughly $39.8 million at an average price of $67,286 per coin. The purchase was funded through the sale of 297,940 shares of its Class A common stock via its at-the-market offering program between February 17–22, generating $39.7 million in net proceeds, according to a company statement. Including this latest acquisition, Strategy now holds 717,722 bitcoin, acquired for an aggregate $54.56 billion at an average price of $76,020 per bitcoin, making it the largest corporate bitcoin treasury in the…
Base will transition to a unified, internally maintained stack, expected to be its biggest architectural shift since launch.After debuting in 2023 as a rollup built on Optimism’s OP Stack, Coinbase’s Ethereum layer 2 is now consolidating its software into an in-house distribution, which can unlock faster upgrades and greater autonomy over its technical roadmap.It has been three years since Base launched its testnet. The network has experienced SocialFi explosions and ridden its own memecoin wave. It even went through a phase that both fascinated and unnerved Crypto Twitter as AI agents began transacting on its chain.Here’s how it got here.…
Key takeawaysMeasuring real Bitcoin payments is difficult because many transactions go through intermediaries, crypto cards or instant conversions.Surveys show that a sizable minority of crypto holders have used crypto to buy goods or services at least once but rarely distinguish Bitcoin from other assets.El Salvador’s experience suggests that making Bitcoin legal tender does not automatically lead to everyday retail use, especially when existing payment systems remain convenient.Payment processor data indicates that crypto payments are more common in online and high-value categories like travel, electronics and digital services.When Satoshi Nakamoto conceptualized Bitcoin, they thought of it as digital money. However, a…
The mining firm Bitdeer urged investors not to fret over its sale of all bitcoins, saying it is raising cash to buy new powered sites. Our decision to sell Bitcoin should not be a concern for the broader market. We are currently evaluating multiple non-binding powered land acquisition opportunities, and we believe it is prudent to prepare liquidity now. Our hash rate will continue to grow, and we will continue…— Bitdeer (@BitdeerOfficial) February 23, 2026 “We are currently evaluating several non-binding proposals to acquire powered land and believe it is prudent to prepare liquidity. Our hash rate will continue to…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 1917.67, down 2.4% (-47.79) since 4 p.m. ET on Friday.Two of the 20 assets are trading higher.Leaders: AAVE (+1.7%) and UNI (+0.5%).Laggards: SUI (-4.8%) and SOL (-4.8%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.