Ethereum is tightening its grip on the stablecoin market, even as its price struggles to move. The network now holds around $159 billion in stablecoins, giving it more than half of the $300 billion global supply. While ETH trades near $2,000 and looks flat on the chart, the money sitting on its rails tells a different story. Major stablecoins like USD Coin and Tether have built deep liquidity on Ethereum. Institutions prefer networks where large amounts can settle securely. That has helped Ethereum become the go-to layer for serious capital. Jeff Housenbold, CEO of Beast Industries, recently called Ethereum the…
Author: Sazid Kabir
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Bitcoin has been rejected near the top of its trading range, and analysts warn the structure now points to a possible drop toward $60,000. At press time, Bitcoin is struggling after failing to hold gains near the $69,000–$72,000 resistance zone. The rejection at the range high confirms that sellers are still active, preventing a clean breakout. Technical analysts say the $72,000 area aligns with the value area high of the current range. Price attempted to push into that zone but lacked strong volume. Sellers stepped in quickly, forcing a pullback and reinforcing the broader range-bound environment. Another bearish signal came…
Ethereum is trading near $1,950 after a sharp monthly drop, but a key derivatives metric suggests a possible shift in momentum. At press time, Ethereum sits around $1,947, down about 4% in the past 24 hours. The token is near the lower end of its weekly range between $1,815 and $2,099. Over the past month, ETH has fallen roughly 35% and remains far below its all-time high near $4,946. Trading activity has slowed. Daily volume came in at about $22.5 billion, down from the previous session. Analysts say traders appear cautious as price moves sideways near recent lows. One signal…
Crypto prices fell again on February 27 as fears of a possible US strike on Iran rattled global markets. Bitcoin dropped below $66,000, while the total crypto market value slid about 2.8% to around $2.28 trillion. Several altcoins posted sharper losses, with some tokens falling more than 6% in 24 hours. The sell-off came as geopolitical tensions in the Middle East intensified. Reports said non-essential US embassy staff in Jerusalem were told to leave, raising speculation that the United States could be preparing for military action against Iran. Traders on Polymarket pushed the odds of a US attack in March…
PayPal has teamed up with MoonPay to launch a new platform that lets developers create their own stablecoins backed by PayPal USD. In a joint announcement on Feb. 27, PayPal and MoonPay unveiled PYUSDx. The new framework allows apps to issue custom stablecoins that use PayPal USD as the reserve asset. The companies said PYUSDx is designed to cut down the time and cost of launching a stablecoin. Instead of building complex infrastructure from scratch, developers can rely on MoonPay’s onboarding system and M0’s token platform. They claim this can reduce launch timelines from months to just days. Under the…
Fresh US inflation data has put the crypto market under pressure, and traders are now asking one question: will prices fall even further? The latest Producer Price Index (PPI) report from the Bureau of Labor Statistics showed that wholesale inflation in January came in hotter than expected. That has raised fears that the Federal Reserve could keep interest rates higher for longer. The report showed headline PPI rising 0.5% month over month, above the 0.3% forecast. On a yearly basis, prices climbed 2.9%. Core PPI, which strips out food and energy, jumped 0.8% for the month and 3.6% year over…
A new investigation has accused employees at crypto trading platform Axiom of using private user data to make insider trades. Blockchain investigator ZachXBT published the report on February 26, 2026, claiming staff accessed internal tools to track user wallets and trade ahead of them. According to the report, one of the main figures was Broox Bauer, a business development employee based in New York. The investigation claims he had access to dashboards that allowed him to search users by wallet address, referral code, or account ID. Leaked screenshots and recordings allegedly showed him discussing how he tracked wallets while trying…
Patos Meme Coin ($PATOS), a Solana-based crypto presale project, has launched its Play-to-Earn gaming platform called Patos.Games. The announcement came on February 25, 2026, as the project introduced its first playable title and expanded its ecosystem beyond token trading. The first game on the platform is called “$PATOS Hunt.” It is a retro-style pixel shooter where players test their reflexes by targeting characters on screen. The top scorer each month will win a prize worth $111 in PATOS tokens, according to the project’s official announcement. The game is designed to be simple and accessible. It works on both desktop and…
The price of Bitcoin has bounced strongly from a key support level near $62,000, raising hopes that a local bottom may be forming. The rebound came after Bitcoin tested an important Fibonacci retracement level, which traders often watch for trend reversals. The recovery stands out because it was backed by rising trading volume. Increasing volume usually signals real buying interest, not just a temporary bounce. This suggests that buyers stepped in with confidence at the lower level. The $62,000 zone acted as strong support, stopping further losses. Once Bitcoin held this level, the price quickly moved higher. This sharp reaction…
The price of XRP jumped more than 5% on Wednesday as the wider crypto market recovered. It climbed to $1.42, up nearly 30% from its lowest level this month. The rally followed gains across the market. Bitcoin rose above $66,500, while Ethereum moved closer to the key $2,000 level. Other altcoins like Polkadot and Avalanche also posted strong gains. XRP’s market cap climbed to around $86.6 billion as total crypto market value rose above $2.4 trillion. The move also came as U.S. stock futures gained, with the Dow, Nasdaq 100, and S&P 500 all pointing higher. There was also fresh…