The Bitcoin market has gone through a major reset after a 28% drop in leverage, according to new on-chain data. The shakeout came after Bitcoin’s price fell sharply earlier this month, forcing many traders to close risky positions. At the start of February, Bitcoin dropped to its lowest level since Donald Trump was elected in November 2024. Analysts believe the fall was partly caused by too many traders using heavy leverage, which made the market unstable. New data shared on the CryptoQuant platform shows that the derivatives market saw a massive flush, especially on Binance, the world’s largest crypto exchange.…
Author: Sazid Kabir
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Dutch authorities have ordered crypto prediction platform Polymarket to stop offering betting services to residents. The move comes after regulators said the company was operating without the required permit. The order was issued by the Netherlands Gambling Authority, which told Polymarket’s local affiliate, Adventure One, to “cease its activities immediately.” Officials warned the company could face penalties of up to $990,000 if it fails to comply. Regulators said prediction market betting is illegal under Dutch gambling laws. This includes wagers on events such as elections, sports, or political outcomes. Authorities also said the company did not respond properly to earlier…
A major conflict inside the Aave ecosystem has taken a serious turn after a core developer announced it will step away from the project. The move comes during a heated dispute over plans to shift users from the current Aave v3 platform to the upcoming v4 upgrade. Software firm Bored Ghosts Developing (BGD), which helps build and maintain Aave’s core systems, said it will not renew its contract when it expires on April 1. The company made the announcement in Aave’s governance forum, blaming disagreements with Aave Labs over the project’s direction. BGD said it could not continue supporting Aave…
Altcoins like Dogecoin, Shiba Inu, and XRP moved higher on February 20, as the crypto market recovered. The total crypto market value rose to over $2.3 trillion, while Bitcoin climbed near $68,000. 1. Supreme Court ruling supported crypto The Supreme Court of the United States ruled against tariff plans linked to Donald Trump. This raised hopes for lower inflation and possible interest rate cuts, which support crypto prices. 2. Weak US GDP increased rate cut hopes The US economy grew only 1.4% in Q4, below expectations. This increased the chance that the Federal Reserve may cut interest rates. Lower rates…
Bitcoin exchange-traded funds (ETFs) recorded $88.04 million in net inflows on February 20, ending a three-day streak that saw over $403 million leave the market. The sudden return of investor money suggests renewed interest, but Bitcoin’s price has not reacted strongly yet. The recovery was driven mainly by funds from BlackRock and Fidelity Investments. BlackRock’s IBIT led with $64.46 million, while Fidelity’s FBTC added $23.59 million. Most other Bitcoin ETF products saw no activity on the same day. Despite the inflows, Bitcoin traded around $67,800, showing little movement. During the session, the price dropped as low as $66,452 before recovering…
Crypto investors are asking a simple question in 2026: which coin can realistically deliver a 1000% return first — Ethereum or Patos Meme Coin ($PATOS)? Both have strong communities, but their growth potential is very different due to market size and supply structure. Ethereum is the second-largest cryptocurrency, with a market cap of over $243 billion. This size makes it stable, but it also limits fast price growth. For Ethereum to deliver a 10X return, trillions of dollars in new investment would be needed, which is unlikely in the short term. Patos Meme Coin is much smaller and still in…
The Dubai Land Department has launched a secondary market for tokenized real estate, allowing investors to resell property tokens. The move is part of Dubai’s plan to tokenize $16 billion worth of property by 2033. Over $5 million in tokenized real estate is now tradable. About 7.8 million tokens linked to ten Dubai properties are available on a regulated platform. Each token represents fractional ownership of real estate. The tokens run on the XRP Ledger and are backed by official title deeds. Transactions are recorded on blockchain and synced with Dubai’s land registry. Custody support is provided by Ripple. The…
The crypto market rose on Friday after the Supreme Court of the United States ruled against tariffs introduced by Donald Trump. The decision gave investors hope and helped both crypto and stock markets recover from earlier losses. Bitcoin climbed to around $68,200, while the total crypto market value rose to more than $2.3 trillion. Several smaller tokens also jumped, with some gaining over 6% during the day. The recovery showed renewed confidence, but gains remained modest. The stock market also improved. The Dow Jones Industrial Average and the Nasdaq-100 both rose by more than 0.5%, reversing earlier declines. Investors reacted…
A major Solana whale has just shaken up the crypto world by buying over 3.2 million Patos Meme Coins ($PATOS) during the ongoing presale. This comes as the project sold more than 857 million tokens, raising over $125,000 in under 60 days. The whale’s move wasn’t a single purchase. They split the buy into 10 smaller transactions to avoid market disruption, a strategy often used by smart investors to accumulate coins quietly. Analysts say this could indicate more large buys in the coming weeks. The presale has seen a surge of interest from both retail traders and other institutional players.…
Binance has seen a major drop in XRP reserves over the past ten days. About 200 million tokens moved off the exchange into private wallets. The XRP supply ratio on Binance fell from 0.027 to 0.025 during this period. This ratio measures the share of XRP’s total circulating supply held on the exchange. Analysts say the decline shows a steady trend rather than a single-day shift. XRP traded near $1.43, down roughly 0.5% in 24 hours. About $2.2 billion in spot trading volume passed through Binance as exchange balances hit multi-year lows. Exchange reserve data tracks movements between trading platforms…