Crypto

The integration gives ICE Chat users direct access to the exchange's OTC crypto liquidity, embedding digital asset trading within established institutional workflows. US-based crypto exchange Kraken has integrated its over-the-counter desk with Intercontinental Exchange’s ICE Chat, enabling institutional traders to access Kraken’s crypto liquidity directly through a messaging platform widely used across global financial markets. ICE Chat connects more than 120,000 market participants, including banks, brokers and trading desks that use the system for real-time deal negotiation and execution. The integration allows those clients to communicate directly with Kraken’s OTC desk within their existing trading workflows. Kraken said it is the first cryptocurrency platform approved to connect to ICE Chat, placing its crypto liquidity alongside traditional asset classes within established institutional communications infrastructure. Read more

A relatively unknown crypto trader gained $7 million from shorting ETH while major investors suffered huge losses.

Shares in publicly traded crypto exchange Gemini are plunging as the firm parts ways with three executives following broader layoffs.

Michael Selig said the US financial regulator had filed an amicus brief against what he called an “onslaught of state-led litigation” against prediction markets. Michael Selig, who chairs the US Commodity Futures Trading Commission under President Donald Trump, said the agency would be responding to what he called an “onslaught of state-led litigation” against prediction market platforms. In a video posted to X on Tuesday, Selig said that the CFTC had filed an amicus brief, also known as a “friend of the court” brief, to “defend its exclusive jurisdiction” in regulating prediction markets, which he equated to derivatives markets. The chair warned that any state-level entities challenging the CFTC’s authority over such markets would be met in court. “Prediction markets aren’t new — the CFTC has regulated these markets for over two decades,” said Selig. “They provide useful functions for society by allowing everyday Americans to hedge commercial risks [...] they also serve as an important check on our news medi...

Dragonfly’s raise comes as crypto venture capital shifts toward tokenized real-world assets, payments and core financial infrastructure that enables institutional participation. Crypto venture capital firm Dragonfly Capital has closed its fourth fund, raising $650 million to invest in what it sees as the next phase of blockchain companies.  The new vehicle is Dragonfly’s fourth fund, according to an X post by fund general partner Rob Hadick. Fortune reported that rather than chasing consumer apps, the firm hinted that it is targeting more traditional financial products built on blockchain rails, including credit card-like services and money market-style funds, as well as tokens tied to real-world assets such as stocks and private credit. The shift reflects a broader pivot in crypto toward financial infrastructure and onchain finance, including payments, lending, stablecoin systems and tokenized real-world assets. Read more

Bitcoin’s negative funding rate and a cooling tech sector in the US add pressure to markets and contribute to BTC failing to trade above $70,000. Key takeaways: Bitcoin’s futures funding rates briefly turned negative, signaling that bullish traders currently lack the conviction to use leverage. Uncertainty regarding the long-term profitability of artificial intelligence has pushed investors toward gold and US government bonds. Read more

The Bitcoin “buy zone” meme just got real again, here’s what it means in the ETF era A certain kind of Bitcoin post shows up right on schedule. It usually arrives right after price stops feeling fun. This week it came from PricedinBTC, dressed up as a neat table titled “Forward Returns by Drawdown Level.” […] The post Bitcoin’s next bull run may start soon if it drops into this historic “buy zone” appeared first on CryptoSlate.

The Bitcoin “buy zone” meme just got real again, here’s what it means in the ETF era A certain kind of Bitcoin post shows up right on schedule. It usually arrives right after price stops feeling fun. This week it came from PricedinBTC, dressed up as a neat table titled “Forward Returns by Drawdown Level.” […] The post Bitcoin now only 5% away from historic “buy zone” which could trigger start of the next bull run appeared first on CryptoSlate.

"When gold cools, profits rotate. That’s when capital flows from gold into BTC," one X user argued.

The buys lift Strategy holdings to 717,131 BTC and Bitmine to 4.37 million ETH, expanding corporate crypto treasuries despite continued market weakness. The two largest publicly traded crypto treasury companies expanded their digital asset holdings this week, with Strategy adding 2,486 Bitcoin and Bitmine Immersion Technologies buying 45,759 Ether, deploying about $260 million combined. Strategy said it spent $168.4 million on Bitcoin (BTC) purchases Feb. 9-16, bringing total holdings to 717,131 BTC. The acquisitions were funded through share sales under its at-the-market program, including 785,354 shares of STRC preferred stock for $78.4 million in net proceeds and 660,000 shares of Class A common stock for $90.5 million. As of Monday, Strategy reported an aggregate purchase price of $54.52 billion for its Bitcoin holdings, implying an average acquisition cost of $76,027 per BTC. The latest purchases were made at an average price of $67,710 apiece. Read more

Bubblemaps found that Hayden Davis, who was involved with LIBRA and YZY tokens, has resumed on-chain trading, but recent Solana meme coin bets resulted in nearly $3 million losses.

Bitcoin bulls’ attempt to break above $70,000 stalled after a key US macroeconomic “fear” metric broke a critical threshold. Is a revisit to BTC's yearly lows back in play? Bitcoin (BTC) price continues to compress under $70,000 on Tuesday, and data suggests that the risk of new year-to-date lows remains if bulls fail to turn the level into support. The whipsaw nature of Bitcoin’s price surged as US market volatility climbed back above a critical level, and Treasury yields saw their sharpest weekly drop in months. Analysts suggest this macro backdrop may hint at an extended slowdown phase for BTC price, while onchain data shows traders still waiting for a stronger bullish catalyst. Read more

BitMine Immersion Technologies is sitting on a nearly $8 billion unrealized loss, but Tom Lee remains optimistic about Ethereum.

Nakamoto will acquire BTC Inc and UTXO in an all-stock deal, consolidating Bitcoin media, events and asset management under one Nasdaq-listed company. Nakamoto, the Bitcoin treasury company formerly known as KindlyMD, has signed definitive agreements to acquire BTC Inc and UTXO Management GP, advancing its plan to build a Bitcoin-native operating company. The transaction will be financed entirely with Nakamoto’s common stock under a previously disclosed call option contained in a Marketing Services Agreement (MSA) with BTC Inc. The MSA granted Nakamoto the right to acquire BTC Inc, which in turn held a call option to acquire UTXO, the company disclosed Tuesday.  Under the terms, BTC Inc and UTXO holders will receive 363,589,816 shares of Nakamoto common stock on a fully diluted basis.  Read more

The exchange's chief legal officer, chief operating officer and chief financial officer are out and Cameron Winkelvoss will take on more responsibilities. Gemini Space Station, the parent company of cryptocurrency exchange Gemini, said that three of its C-suite executives would be leaving effective immediately, with co-founder Cameron Winklevoss assuming additional responsibilities. In a Tuesday filing with the US Securities and Exchange Commission, Gemini said it would be “parting ways” with chief operating officer Marshall Beard, chief financial officer Dan Chen and chief legal officer Tyler Meade. The company said it did not plan to replace Beard, who also resigned from Gemini’s board. Winklevoss is expected to take on revenue-generating responsibilities. Danijela Stojanovic, previously Gemini’s chief accounting officer, has been appointed as interim CFO. Read more

XRP Tests $1.26 Support as Grayscale Flags Sentiment Spike The post XRP Price Target $1.90 as Grayscale Names It the ‘Second Most Talked-About Asset’ appeared first on Cryptonews.

Compass Point and Canaccord call BitGo a potential acquisition target and defend the stock despite its weak debut, citing growth in institutional crypto infrastructure.

South Korea reopens crypto to corporations with strict caps and asset limits. This is part of a broader strategy that includes stablecoin legislation and potential spot crypto ETFs. South Korea is ending a nine-year ban on corporate crypto trading, allowing listed entities and professional investment companies to reenter the market under a regulated framework. Corporate participation will be tightly controlled, with investments capped at 5% of annual equity capital and limited to the top 20 cryptocurrencies traded on regulated domestic exchanges. Institutional entry may gradually improve liquidity and market structure, but strict limits mean large capital inflows from corporate treasuries are unlikely in the short term. Read more

Is PIPPIN headed for a collapse below $0.10?

From 2028, the Netherlands will update how tax is calculated on unrealized gains. Crypto critics are in uproar—but the reality is nuanced.