Crypto

Starknet revealed a Bitcoin-based asset aimed at enabling people to better maintain their privacy on the Ethereum layer-2 scaling network.

Bitcoin might just triggered a major short squeeze that could affect price prediction.Over the past 24 hours, roughly $575M in positions were liquidated, with nearly $500M coming from short sellers alone. Bitcoin accounted for a large share of that wipeout, as price surged toward $70,000 before pulling back slightly.That forced buying accelerates the rally and […] The post Bitcoin Price Prediction: $500 Million in Short Positions Just Got Wiped Out — New Bull Market Starting? appeared first on Cryptonews.

In a shareholder letter, Dorsey said he expects other companies to follow suit soon and reduce headcount in the wake of AI advancements. Update (Feb.27, 1:25 Am UTC): This article has been updated to include more information on Block’s job cuts and earnings results. Jack Dorsey’s payments company Block is set to cut around 40% of its staff in a major shake-up, a decision the co-founder attributed to the rapid acceleration of AI at the company.  “We're already seeing that the intelligence tools we’re creating and using, paired with smaller and flatter teams, are enabling a new way of working which fundamentally changes what it means to build and run a company, and that's accelerating rapidly,” wrote Dorsey in a letter to the company, which he shared on X. Read more

The price of Bitcoin moved back above $68,000 earlier today (UTC), lifting overall crypto optimism that perhaps it had seen the bottom on Tuesday when it briefly dipped below $63,000.With the CLARITY Act in the oven and ready soon, the market is awaiting constructive signals from U.S. regulators could act as a catalyst for a […] The post Crypto Price Prediction Today 26 February – XRP, Bitcoin, Ethereum appeared first on Cryptonews.

Google’s Gemini AI leverages its parent company’s vast data sets whenever forming conclusions. It’s somewhat surprising, given months of red candles, that Gemini is pretty bullish XRP, Dogecoin, and Shiba Inu, and thinks all of them will hit towering new all-time highs (ATHs) over the next ten months.But how realistic are Gemini’s projections?XRP ($XRP): Gemini […] The post Google’s Gemini AI Predicts the Price of XRP, Dogecoin and Shiba Inu by the end of 2026 appeared first on Cryptonews.

Block said the restructuring will cost up to $500 million and be largely completed by mid-2026, as investors embraced the move.

Bitcoin bulls are chasing after $70,000 but cautious signals from the futures and derivatives market could explain why success remains elusive. Key takeaways: Bitcoin derivatives show persistent fear despite the current rally toward $70,000, as seen by futures premiums being pinned well below neutral levels. The markets’ cautious stance stems from broad risk-aversion and lingering concerns over institutional BTC liquidations and Bitcoin network security. Read more

Lawmakers introduced a bill Thursday protecting crypto software developers from criminal prosecution. Does that mean the crypto market structure bill is falling by the wayside?

Why People Are Moving From Crypto To Stock: Will They Comeback? The post Why Retail Is Moving From Crypto To Stock: Will They Comeback? appeared first on Cryptonews.

The U.S. Office of the Comptroller of the Currency proposed rules that would govern stablecoins, including apparent limits on rewards that may affect Coinbase.

The bitcoin miner inked a deal with investment firm Starwood to convert and expand select facilities to serve data center needs for AI.

The slowdown in on-chain activity echoes a similar lull last summer that came right before a huge rebound in Bitcoin.

Republican and Democrat senators alike pushed back on imprisoned FTX founder Sam Bankman-Fried's support of the Clarity Act crypto bill.

The industry-supported Promoting Innovation in Blockchain Development Act could be a solution by Congress to push back against criminalizing writing code. A bipartisan group of lawmakers in the US House of Representatives has introduced legislation aimed at halting prosecution of software developers who do not have custody or control of others’ crypto assets. In a Thursday notice, Representatives Scott Fitzgerald, Ben Cline and Zoe Lofgren said that they would be sponsoring the Promoting Innovation in Blockchain Development Act in an effort to change how to handle criminal cases potentially involving blockchain developers. The bill would clarify that Section 1960 under US federal law, on the “prohibition of illegal money transmitting businesses,” would apply only to actors with control of others’ digital assets. Read more

Ethereum’s latest long-term planning document has given investors a new way to assess whether the digital asset can eventually reach $10,000 by the end of this decade. The newly published “Strawmap,” introduced by Ethereum Foundation researcher Justin Drake, reads less like a conventional roadmap than a preemptive response plan. It sketches a path for Ethereum […] The post Ethereum price path to $10,000 now hinges on seven upgrades and a fragile ecosystem vote appeared first on CryptoSlate.

ETH bulls briefly pressed the price above the $2,000 to support, but will a positive funding rate and increase in holder profitability generate sufficient momentum to hold the level? Ether (ETH) price reached a weekly high of $2,150 on Thursday, which is a key level for large ETH holders, but volatility in the crypto and stock markets continues to catalyze corrections below $2,000. A daily close above $2,100 remains important because that level aligns with the cost basis and realized price of wallets holding 100,000 or more ETH. Realized price tracks the last moved price of coins, offering a profitability gauge rather than a spot reference. Since 2020, Ether has traded below this whale cohort’s realized price only a handful of times, most notably during the 2022 bear market. The chart shows that the price has regularly recovered after the realized price level was tested as support. Read more

Morgan Stanley wants to let clients custody and trade Bitcoin—and it's building the tech itself.

The proposal would allow a US exchange to trade shares of a fund holding JitoSOL, representing the first SEC exchange filing for a liquid staking token ETP. Nasdaq has filed a proposed rule change to list the VanEck JitoSOL ETF, a fund designed to hold the Solana-based liquid staking token JitoSOL. Liquid staking allows users to stake tokens to help secure a proof-of-stake network while receiving a transferable token in return that represents the staked assets and accrued rewards. Jito Foundation president Brian Smith told Cointelegraph that if the fund is approved, staking rewards would not be distributed separately but instead reflected in the fund’s net asset value. Read more

The real estate investment mogul said his firm, Cardone Capital, is exploring blockchain-based tokens for property holdings as tokenization gains traction.

Beneath the technical language of the 'Strawmap' is a far simpler story: Ethereum is trying to decide what kind of infrastructure it wants to be by the end of the decade.