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Cipher Digital (CIFR) shares fell about 5% in premarket trading after the company reported fourth-quarter results that missed Wall Street expectations and highlighted its shift away from bitcoin BTC$63,036.25 mining and toward high-performance computing (HPC) data centers.The company, formerly known as Cipher Mining, reported fourth-quarter revenue of $60 million, below analyst estimates of $84.4 million. Adjusted earnings per share came in at a loss of $0.14, wider than the forecast loss of $0.06. Cipher posted an adjusted net loss of $55 million for the quarter.Management pointed to 2025 as a transformative year as it pivots away from bitcoin mining and…

Pump.fun’s PUMP token slipped sharply owing to speculation surrounding a potential crypto exposé. The dip followed a public statement from on-chain investigator ZachXBT, who warned of an upcoming report targeting a “profitable business.” The announcement triggered a swift shift in investor sentiment as crucial PUMP holders moved to offload their holdings.ZachXBT Investigates Crypto BusinessOn Monday, ZachXBT posted on X that a major exposé was imminent. The post did not name the target, fueling widespread speculation. Since then, traders have debated potential candidates across social media platforms. Betting activity on Polymarket surged as participants attempted to predict the outcome.Want more token insights…

Acurast, a decentralized network using everyday smartphones as secure compute nodes, has officially activated a 225,000-node smartphone compute network on Base. It’s a big development in bringing confidential onchain artificial intelligence (AI) into mainstream Web3. The integration with Base, an Ethereum Layer-2 chain designed to make decentralized applications faster, cheaper, and more scalable, enables developers to run confidential AI workloads directly onchain using millions of smartphones worldwide.  Instead of relying on centralized infrastructure, this network uses Trusted Execution Environments (TEEs) built into mobile devices to execute sensitive tasks securely, preserving user privacy and maintaining verifiability. Smartphones are the new cloud…

Bitcoin price has rebounded more than 4% since February 19, helping it recover above $68,200. This bounce offered temporary relief after weeks of weakness. However, new technical and on-chain signals now show that Bitcoin may be approaching its most dangerous level of 2026. A combination of bearish chart structure, heavy supply clusters below price, and rising leverage risk suggests a deeper correction could begin soon. Bitcoin’s 8-hour chart currently shows a head-and-shoulders pattern. This is a bearish reversal structure that forms when price creates three peaks, with the middle peak higher than the others. It signals weakening buying strength and…

In brief Kalshi won a preliminary injunction in Tennessee, but this conflicts with recent rulings in Nevada, Maryland, and Massachusetts, where judges sided with state regulators. The split comes down to legal strategy: states using outside counsel and broader congressional intent arguments have beaten Kalshi, while those relying on narrower “swaps” arguments have lost. With courts divided and the dispute escalating, the Supreme Court will likely need to resolve it. After facing setbacks in key lawsuits against the states of Nevada, Massachusetts, and Maryland, Kalshi pulled off a win in Tennessee this week over the fate of sports-related prediction markets.A…

The US Securities and Exchange Commission (SEC) has paved the way for Wall Street to integrate stablecoins into traditional finance.On February 19, the financial regulator issued guidance allowing broker-dealers to apply a 2% “haircut” to positions in payment stablecoins. A haircut is the percentage of an asset’s value that a financial institution cannot count toward its deployable capital, acting as a customer-protection buffer against market risk.SEC Stablecoin Pivot Pressures Brokers to Build Crypto RailsPreviously, broker-dealers faced a punitive 100% haircut on stablecoins. If a financial firm held $1 million in digital dollars to facilitate rapid on-chain settlement, it had to…

For much of this month, bitcoin BTC$68,128.43 has been trading around the mid-$60,000s. That much is humdrum.The interesting bit is a developing split in coin ownership that could shape what happens next.Data from Santiment shows the number of wallets holding less than 0.1 BTC, a level typically associated with retail investors, has increased by 2.5% since the largest cryptocurrency hit a record high in October. The growth has pushed the so-called shrimps’ share of supply to its highest since mid-2024.In practice, though, it’s the larger holders known as whales and sharks who tend to set the tone for price direction.…

European Central Bank (ECB) president Christine Lagarde is stepping down sometime before the French presidential election next year.Under her leadership, the ECB has consulted on the Markets in Crypto Assets (MiCA) legislation that defined the crypto landscape in the European Union. The preeminent European bank also began work on the digital euro — the next iteration of the Eurozone’s currency.But there is still work to be done on crypto policy in Europe. MiCA does not, in its current form, regulate decentralized finance (DeFi), and policymakers at the ECB are still deliberating over the digital euro’s final details.While the exact timing…

In brief World Liberty Financial’s tokenization project involves building a luxury Maldivian resort. Associated tokens will have an exit mechanism for accredited investors. Some tokenized assets have historically lacked liquidity. Holding a digital asset for four years can feel like an eternity in the cryptosphere. So, how does a Trump-backed DeFi project convince investors to park their capital behind a luxury Maldivian resort that won’t open its doors until 2030?The answer, according to World Liberty Financial (WLFI) and Saudi real estate developer DarGlobal, is a specialized “exit mechanism” that’s designed to bridge the gap between meme coin attention spans and…

In brief Bitcoin deposits on exchanges have dropped from their daily peak of around 60,000 BTC on February 6. Yet while sell pressure is easing, the biggest overall depositors are the largest holders, or whales. The price of Bitcoin is down 46% since peaking above $126,000 last October. A major influx of Bitcoin deposits to centralized exchanges has slowed, reducing sell pressure on crypto’s top asset by market cap. But the largest investors, or whales, have kept their foot on the gas, according to a new report from CryptoQuant.The Bitcoin deposited on exchanges had reached around 60,000 BTC on February…