Author: driver789

Crypto funds recorded $288 million in outflows last week, marking the fifth consecutive week of declines, according to the latest weekly report from CoinShares. Summary Digital asset investment products saw $288 million in weekly outflows, marking the fifth consecutive week of withdrawals and bringing the cumulative total to $4 billion over the period. The United States led redemptions with $347 million in outflows, while Europe and Canada recorded modest inflows, highlighting a regional divergence in sentiment. Bitcoin accounted for the bulk of withdrawals, while short-bitcoin products and select altcoins such as XRP and Solana saw minor inflows. US sells, Europe…

XRP’s short-term setup is facing renewed pressure after a sharp burst of exchange inflows to Binance, with on-chain data showing that the move was driven primarily by large holders. The spike matters because it points to a sudden increase in potential sell-side supply at a time when broader market momentum remains weak. CryptoQuant contributor Darkfost flagged the move in a post on X today, tying the development to a softer backdrop for altcoins while Bitcoin remains rangebound. “BTC continues to range, offering limited directional clarity in the short term. This lack of momentum is weighing on the broader market, with…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum slipped over the past two days as on-chain trackers flagged another burst of selling tied to Vitalik Buterin’s wallets, reviving a familiar narrative for traders: founder-linked distribution showing up alongside spot weakness. Ethereum Pullback Coincides With Fresh Vitalik Sales Lookonchain said Buterin has sold 1,869 ETH (about $3.67 million) over the past two days, a window in which ETH fell from $1,988 to $1,875, a 5.7% drawdown based on the figures cited in the post. The account framed the move as an acceleration: “vitalik.eth(@VitalikButerin) is selling…

Bitdeer Technologies has fully liquidated its corporate bitcoin treasury, reporting zero BTC held as of Feb. 20 and completing an eight-week drawdown from roughly 2,000 BTC at 2025 year-end. In its latest weekly production update, the Singapore-based miner disclosed that it produced 189.8 BTC during the period and sold the entire amount. It also offloaded its remaining 943.1 BTC in reserves in a single week, wiping out its balance sheet holdings. The figures exclude customer deposits. The move marks a sharp break from the traditional public miner strategy of accumulating bitcoin as a treasury asset. With the liquidation, Bitdeer becomes…

South Korea’s central bank has reportedly renewed its push to keep Korean won-pegged stablecoin issuance in the hands of commercial banks, warning lawmakers that privately issued digital tokens could undermine monetary policy and create new foreign-exchange and financial-stability risks.In a report submitted to South Korea’s National Assembly Strategy and Finance Committee, the Bank of Korea (BOK) described won stablecoins as “currency-like substitutes” and said their introduction must account not only for industrial benefits but also for monetary policy, foreign exchange stability and financial risks, according to local reporting. The central bank reiterated concerns that stablecoins could be used to bypass foreign…

Bitdeer (BTDR) a Singapore-based bitcoin mining and AI infrastructure company has reduced its bitcoin treasury stash to zero, marking a sharp break from the miner playbook of hoarding coins as a signal of conviction seen by the likes of Strategy (MSTR). The company reported BTC holdings of zero as of Feb. 20, excluding customer deposits. It produced 189.8 BTC on their weekly update and sold the entire amount. Instead of positioning bitcoin as a balance sheet reserve, Bitdeer is turning production into liquidity.Bitdeer said the decision to sell bitcoin should not concern the broader market, in a post on X,…

JPMorgan confirmed the closure of Donald Trump’s accounts in 2021, a decision that prompted the politician’s family to explore digital assets, reports Fortune. Dan Wilkening, a former top executive of the largest US bank, confirmed the account closures in court documents. Previously, the financial institution had refrained from making official comments on the incident. In January, Trump filed a lawsuit against JPMorgan for $5 billion. He accused the organization of unlawfully terminating contracts and placing his family on an unofficial “blacklist.” The politician’s lawyers described the bank’s admission as direct evidence of the damage caused. JPMorgan representatives deemed the lawsuit…

Bitcoin futures positioning among non-commercial traders is swinging sharply toward net long exposure, a move technical analyst Tom McClellan (editor of The McClellan Market Report) says has arrived “with some urgency” in the latest weekly Commitment of Traders (COT) report and one that has coincided with notable market outcomes in prior, similarly extreme episodes. Sharing a chart of Bitcoin futures (price on a log scale) alongside non-commercial net positioning, McClellan argued that in Bitcoin’s case, large speculators effectively function as the “smart money” cohort, because the market lacks the typical commercial hedger presence seen in traditional commodity futures. “The non-commercial…

Vitalik Buterin has offered a sweeping reframing of how the crypto industry should think about security, arguing that the concept is inseparable from user experience and fundamentally rooted in aligning systems with human intent. Summary Vitalik Buterin argues that crypto security should be defined as minimizing the gap between user intent and system behavior. He says security and user experience are not separate fields, with security focused on high-impact, adversarial “tail risk” scenarios. Buterin advocates redundancy — such as simulations, multisig, and formal verification — over friction, stressing that perfect security is impossible. Vitalik Buterin reframes crypto security as an…

Key takeawaysUnlike phishing attacks that defraud victims quickly, pig-butchering scams build long-term emotional trust before introducing fraudulent crypto investment opportunities.From casual outreach and relationship building to fake profits, escalating deposits and blocked withdrawals, each step is carefully designed to deepen commitment.Blockchain security firm CertiK reported $370.3 million in scam-related losses in January 2026 alone, with social engineering tactics accounting for the majority.Authorities are targeting scam networks and laundering operations, yet cross-border jurisdictional issues and encrypted communications complicate crackdowns.Pig-butchering frauds involve a long-drawn, methodical approach in which scammers instill confidence in their targets and later exploit it for monetary gain. Over…