Author: driver789
Bitcoin Price Weekly Outlook Bitcoin closed the week out at $67,638, not an awe-inspiring close by any means. The support level at $65,650 has held for a couple of weeks now, but the relentless selling pressure will likely take it out this week. As of the time of this writing on Sunday night, the bitcoin price is currently trading below this support level at $64,600. We should expect the price action to remain bearish this week and likely threaten to take out the $60,000 low. Key Support and Resistance Levels Now There is still a chance the $65,600 support level…
Spot Bitcoin exchange-traded funds (ETFs) are on track to post a fourth consecutive month of net outflows as Bitcoin (BTC) approaches a fifth negative monthly close in February. The slowdown is visible across the shrinking fund balances and the bearish rolling net flow data, especially when measured against competing asset ETFs.With Bitcoin price and the spot ETF holdings trending lower since October, investors are searching for answers on what the future may hold for BTC. Bitcoin ETFs dominate headlinesNet assets held in US spot Bitcoin ETFs peaked near $170 billion in October 2025 and now stand at $84.3 billion. The…
Backpack 计划向代币质押者提供公司股权 – BitRss – Crypto World News ChainCatcher 15 minutes ago 13 ChainCatcher 消息,Backpack 首席执行官 Armani Ferrante 表示,质押其即将推出的代币至少一年的用户,将有权按固定比例兑换 Backpack 公司股权。该公司已为此计划预留 20%的股权。Armani Ferrante 指出,此举旨在改进现有代币模式,解决多数项目仅靠效用支撑代币价值及缺乏长期去中心化动力的问题。 目前 Backpack 正以 10 亿美元估值进行融资谈判,拟筹集 5000 万美元。其代币总量为 10 亿枚,首次分发将向积分计划参与者及 Mad Lads 持有者开放 25%的供应量。此外,团队及投资者的代币分配方案已存入公司库中,在 IPO 后至少锁仓一年,团队成员将主要通过持有公司股权获得激励。 BitRss shares this Content always with License. Read Entire Article Screenshot generated in real time with SneakPeek Suite Homepage International Backpack 计划向代币质押者提供公司股权 BitRss World Crypto News | Market BitRss | Short Urls Design By New Web | ScriptNet
IoTeX bridge exploit raises debate over losses and recovery prospects as CEO offers 10% bounty
IoTeX offered a 10% white-hat bounty to the hacker or hackers who exploited a private key on its cross-chain bridge ioTube, siphoning millions of dollars, in exchange for the voluntary return of funds within 48 hours.With this move, IoTeX is offering the $440,000 if the malicious actor or actors return roughly $4.4 million they stole, according to an IoTeX X post, to which IoTeX co-founder and CEO Raullen Chai pointed “as a source of truth” on Monday.Chai told CoinDesk that the team sent an onchain message offering not to pursue legal action or share identifying information with law enforcement if…
Veteran crypto advocate Erik Voorhees, an early supporter of Bitcoin and founder of ShapeShift, has repurchased a significant amount of Ethereum after selling a large stake roughly one year ago, according to on-chain data shared by analytics account Lookonchain. Summary Erik Voorhees repurchased 9,911 ETH for $20.38 million at an average price of $2,057, according to on-chain data shared by Lookonchain. Roughly a year earlier, he sold 11,616 ETH for $33.94 million at around $2,922, effectively buying back at about a 30% lower price. The move follows his recent diversification into tokenized gold, signaling a broader strategy of tactical timing…
Solana’s (SOL) latest price decline is unfolding against a broader period of weakness across the digital asset market, with traders increasingly shifting toward risk-off positioning. Related Reading After weeks of steady losses, SOL has slipped below key technical levels, raising questions about whether current support can hold or if another leg lower is approaching. Market data shows declining trader confidence, rising short positioning, and weakening on-chain profitability. According to data tracked on CoinMarketCap, Solana recently traded in the high-$70 range after failing to maintain momentum above $95 earlier in the year. The move extends a six-week losing streak and places…
Boasting 40 meetups a month and a broad estimated community of 55,000 bitcoiners, the Bitcoin Indonesia ecosystem might be one of the most active and successful Bitcoin adoption stories in the world today. Indonesia is a nation made up of 17,000 islands with over 380 different tribes and cultures. The nation, located between Australia and China, has a population of over 280 million people, which has been ravaged by inflation and monetary repression, seeing the Ruphia collaps 61% since over the past 30 years versus the dollar. As a result, its population is keenly aware of the problems with fiat…
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 starts building high-speed infrastructure to prepare SOL for next ‘super cycle’
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…