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News | Crypto Converter | Crypto Calculators |
Meta eyes stablecoin return as liquidity signals flash warning |
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Key points: |
Meta is exploring third-party stablecoin integration across WhatsApp, Facebook and Instagram, marking a strategic return after the Diem shutdown. Stablecoin supply has fallen by $5.6 billion year-to-date, while Binance reserves are down 18.6% since November, underscoring tightening crypto liquidity.
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News - Meta is preparing to re-enter the stablecoin space, this time through external infrastructure rather than issuing its own token. |
The company has reportedly held early-stage discussions with crypto firms and sent a request for product to third-party providers to administer dollar-backed stablecoin payments and implement a new wallet. Stripe, which acquired stablecoin infrastructure firm Bridge last year, is seen as a likely candidate. The integration is expected in the second half of the year, pending successful integration with a third-party firm. |
The move reflects lessons from the failed Libra and Diem initiatives, which were wound down in early 2022 after regulatory resistance. |
Stablecoins gain institutional weight - Meta's renewed push comes as stablecoins increasingly anchor major revenue lines. Coinbase generated $1.35 billion in stablecoin revenue in 2025, representing 19% of total revenue, with Bloomberg Intelligence estimating that figure could grow two to seven times if payment adoption accelerates. |
Total stablecoin transaction volume reached $33 trillion in 2025, with USDC accounting for $18.3 trillion in transaction value. |
Liquidity tells a different story - Despite corporate expansion plans, liquidity indicators are weakening. Matrixport described stagnant stablecoin supply as a notable headwind for Bitcoin and the broader market. |
CryptoQuant data shows supply has fallen from $159 billion on January 1 to $153.4 billion. Binance's stablecoin reserves have declined from $50.9 billion to $41.4 billion since November. |
Bitcoin's 90-day correlation with gold has turned sharply negative, near -0.75, with analysts describing the current phase as a departure from its digital gold narrative. Gold and silver are up 19% and 21% year-to-date, while Bitcoin has fallen 27%. |
Stablecoin infrastructure may be advancing, but fresh liquidity remains constrained. |
Solana expands into sovereign Visas amid ecosystem turbulence |
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Key points: |
Bhutan launched the world's first Solana-backed Digital Nomad Visa using gold-backed TER, expanding sovereign blockchain adoption. Meanwhile, SOL trades at $76 with elevated realized losses, and ecosystem platforms Step Finance and SolanaFloor are shutting down after a $27 million hack.
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News - Bhutan has introduced a Digital Nomad Visa built on the Solana blockchain, becoming the first country to launch a blockchain-integrated nomad visa that uses a gold-backed digital currency. |
The initiative, launched by the Gelephu Mindfulness City Authority in collaboration with NomadClub, requires applicants to pay a $2,800 fee and deposit $10,000 in TER, a gold-backed token issued on Solana. Each TER represents 999.9% pure gold stored in vaults and is redeemable. The visa is valid for 12 months and can be extended up to 36 months. |
The rollout strengthens Solana's role in sovereign-backed digital infrastructure, building on Bhutan's earlier launch of TER. |
Confidence weakens onchain - Despite the adoption milestone, market sentiment remains cautious. SOL trades at $76 after slipping below a recent consolidation range. Realized losses jumped to $317 million over the past 24 hours, reflecting sustained selling pressure. |
Liquidation data shows $1.15 billion in potential short liquidations if SOL climbs to $89, compared to $242 million in long liquidations if price falls to $67. |
At the ecosystem level, DeFi portfolio tracker Step Finance is winding down operations following a January hack that drained 261,854 SOL, worth roughly $27 million at the time. The shutdown also includes SolanaFloor and Remora Markets. |
Meanwhile, a Polymarket prediction market has drawn nearly $3 million in volume on which crypto firm investigator ZachXBT will expose next in an insider-trading probe set for February 26, with Solana-based platform Meteora leading current odds. |
Solana's institutional reach may be growing, but confidence within parts of its ecosystem remains under pressure. |
Ethereum doubles down on staking and censorship resistance |
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Key points: |
The Ethereum Foundation has begun staking 70,000 ETH using minority clients and distributed infrastructure to reinforce decentralization. Meanwhile, Vitalik Buterin reduced his holdings by 17,000 ETH and ETH has fallen 37% over the past month.
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News - The Ethereum Foundation has started staking part of its treasury, depositing 2,016 ETH and planning to stake roughly 70,000 ETH in total. Rewards will flow back into funding protocol research, ecosystem development and grants. |
The foundation currently holds about 172,650 ETH and an additional 10,000 wrapped ETH that could be deployed. The validators are operated using Dirk and Vouch, open-source tools developed by Attestant. The setup splits validator duties across jurisdictions, combines hosted and self-managed infrastructure, and employs minority clients to avoid single points of failure. |
Roughly 30% of Ethereum's total supply is now staked. Liquid staking protocols and custodians such as Lido and Coinbase continue to hold significant validator share, keeping decentralization debates active. |
Vitalik Buterin sells while funding privacy - Arkham data shows Buterin's attributed wallets declined from about 241,000 ETH to 224,000 ETH in one month, reflecting sales of roughly 17,000 ETH. Part of the reduction follows his decision to earmark 16,384 ETH, worth about $45 million, for privacy-focused technologies, open hardware and secure software systems. |
Some sales were routed through CoW Protocol using smaller swaps to minimize market impact. |
ETH is trading near $1,825 after losing over 37% in the past month, with staking yields around 2.8% and validator entry queues remaining elevated. |
Next upgrade hardcodes inclusion - Developers have confirmed FOCIL for the Hegota upgrade targeted for H2 2026. The mechanism randomly selects 17 validators per block to submit inclusion lists, requiring block producers to include valid transactions or risk rejection. FOCIL will ship alongside EIP-8141, which integrates smart contract wallets, multisigs, quantum-resistant wallets and privacy tools more directly into Ethereum's core architecture. |
Supporters describe the move as a return to Ethereum's cypherpunk ethos, embedding censorship resistance directly into the protocol. Critics warn it could introduce compliance challenges in regulated jurisdictions. |
Ethereum appears intent on reinforcing decentralization at both the treasury and protocol levels, even during a period of price strain. |
Terraform estate targets Jane Street in insider trading lawsuit |
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Key points: |
Terraform Labs' bankruptcy administrator has sued Jane Street, alleging it used material non-public information to trade ahead of the TerraUSD collapse. The case could test how insider liability applies to crypto market makers and private protocol communications.
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News - Terraform's bankruptcy wind-down trust, led by plan administrator Todd Snyder, has filed a lawsuit against trading firm Jane Street, its co-founder Robert Granieri, and employees Bryce Pratt and Michael Huang, accusing them of misappropriating confidential information during the May 2022 TerraUSD collapse. |
The complaint alleges Jane Street obtained advance insight into Terraform's internal liquidity decisions and positioned trades around those moves. On May 7, 2022, Terraform withdrew 150 million TerraUSD from Curve3pool without public disclosure. Within 10 minutes, a wallet linked to Jane Street allegedly withdrew 85 million TerraUSD from the same pool, a trade the lawsuit claims helped trigger the stablecoin's loss of its dollar peg. |
Terraform's collapse erased roughly $40 billion in market value and intensified stress across the broader crypto industry. |
Jane Street has denied the allegations, calling the lawsuit a "desperate" and "baseless" attempt to extract money, and said it will defend itself vigorously. |
A broader insider test - Legal observers say the case may hinge on whether private communications between trading firms and protocol insiders constitute material non-public information under a misappropriation theory of liability. |
If proven, the lawsuit could expand how courts define "insider" status in decentralized markets, potentially treating private chat access during crisis moments as equivalent to privileged corporate information. |
Terraform filed for bankruptcy in January 2024, and its founder Do Kwon later pleaded guilty to fraud charges and was sentenced to 15 years in prison. |
The outcome may shape how courts assess trading behavior during periods of extreme crypto market stress. |
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More stories from the crypto ecosystem |
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Interesting facts |
Even major exchanges are quietly becoming regulated banks: In February 2026, Crypto.com received conditional approval from the U.S. Office of the Comptroller of the Currency to form a national trust bank, a rare step that could let a crypto platform operate under federal charter and deepen institutional access to digital asset custody and settlement. Hong Kong just opened its doors wider for crypto platforms again: On February 13, 2026, Hong Kong's Securities and Futures Commission (SFC) granted a virtual asset trading license to Victory Fintech (VDX), marking the first approval of a new platform in over six months and signaling renewed regulatory momentum in one of Asia's key digital asset hubs. Wall Street skeptics are turning into holders, not haters: Goldman Sachs CEO David Solomon, once openly skeptical of crypto, publicly confirmed he now owns Bitcoin, reflecting how even traditional institutional leaders are personally participating in digital assets amid broader corporate adoption.
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Top 3 coins of the day |
Monero (XMR) |
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Key points: |
XMR settled at $320 after gaining 4.01%, rebounding from the $302 intraday low and continuing to hold above the $300 base. The Supertrend remained in sell mode near $391, while DMI showed –DI at 26.55 above +DI at 12.23 with ADX around 27.72, indicating lingering bearish control despite the bounce.
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What you should know: |
Monero stabilized following its sharp February slide that drove price toward the $290–$300 region. The latest session printed a recovery candle within the $300–$350 range, suggesting buyers continued to defend the lower boundary of that band. |
Trend structure has not shifted bullish. The Supertrend remained positioned above price near $391, signaling that the broader bias is still corrective. Meanwhile, DMI confirmed that selling pressure has not fully faded, with –DI leading +DI and ADX reflecting prior trend strength rather than reversal. Volume expanded notably during the earlier breakdown, but recent participation has been steady rather than explosive. |
The move coincided with XMR outperforming a sharply declining broader market, reinforcing its defensive appeal. Immediate support stands at $300, while $350 acts as the first resistance level to monitor. |
Falcon Finance (FF) |
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Key points: |
FF finished near $0.0777 after trading between $0.0753 and $0.0780, continuing to compress just above the $0.0750 support zone. Price stayed beneath the 9-day SMA at $0.0794, while Stochastic RSI remained oversold near 20 and volume failed to show meaningful expansion.
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What you should know: |
Falcon Finance continued to operate within a sustained downward structure that began after its late 2025 peak near $0.1900. Recent sessions reflected range contraction rather than aggressive liquidation, with price repeatedly rotating between $0.0750 and $0.0800. |
The 9-day SMA maintained a gentle downward slope, and FF did not reclaim it decisively, keeping short-term bias tilted lower. At the same time, Stochastic RSI hovered below the 20 threshold, signaling stretched downside conditions but without a confirmed bullish crossover. Volume remained relatively light, reinforcing the absence of strong accumulation interest. |
The weakness appeared flow-driven rather than project-driven, with FF slipping in line with market-wide selling but without accelerated downside. For now, $0.0750 anchors the range, and only a sustained move above $0.0800 would signal meaningful short-term stabilization. |
Bitcoin Cash (BCH) |
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Key points: |
BCH dropped to $475 after sliding through the $477–$482 support band, extending its downside move from recent highs near $660. The Supertrend remained bearish at $589, while the Awesome Oscillator stayed deep below zero and volume expanded during the breakdown.
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What you should know: |
Bitcoin Cash shifted decisively into downside continuation after losing its prior consolidation zone. The recent decline unfolded with a large bearish candle that pierced the $477–$482 area, confirming that sellers had regained control. Follow-through pressure kept price near the lower end of its daily range between $473 and $499. |
Trend structure remains unfavorable. The Supertrend sits well above price at $589, signaling that the broader bias continues to lean negative. Meanwhile, the Awesome Oscillator printed extended red bars below the zero line, reflecting persistent bearish momentum rather than a reversal attempt. Volume rose during the sharp sell-off, reinforcing conviction behind the move. |
Immediate support now rests at $450, while the $477–$482 region acts as resistance on any recovery attempt. |
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