The post Why Is Bitcoin Below $66,000 Despite Massive Whale Purchases? appeared first on Coinpedia Fintech News

On February 27, Bitcoin (BTC) was trading at $65,640, after failing to reclaim the $70K level two days ago. Its price is also below its 200-week exponential moving average (EMA) of $68,300, something that would trigger a historical additional bearish acceleration.

Source: X

Rise in Bitcoin bulk buys

As stated in its Q4, 2025 earnings report, fintech conglomerate Block Inc. (NYSE: XYZ) acquired an extra 340BTC in that quarter, bringing its total holdings to 8,883 BTC and making it the 14th largest publicly traded holder of Bitcoin globally. 

everyone worried about ai but consider that bro fired half his staff to free up cash to buy the BTC dip https://t.co/cbUmkqvVhn

— Bit Paine (@BitPaine) February 27, 2026

Meanwhile, the leading publicly traded holder of BTC, Strategy, just recently acquired 592 BTC, bringing its stash to a total of 717,722 BTC.

Institutionally, BlackRock led the recent $1.1 billion inflows to US spot Bitcoin ETFs, breaking a five-week outflow streak of $3.8 billion. More institutions are expected to join the crypto industry, following the implementation of the GENIUS Act.

Why is Bitcoin still showing negative price action?

Mid-term volatility in the crypto market is the product of new US import taxes and the US-Iran geopolitical tensions. Both have caused widespread capital rotation to safe havens like gold, which now trades at $5,250 per ounce (20% up since January 2026).

Heightened inflation in the US has raised expectations that the Federal Reserve will extend current interest rates, causing downward pressure on crypto assets.

Markets today recorded significant intraday volatility as $8.7 billion in Bitcoin and Ethereum options expired. Meanwhile, the “AI Scare Trade” has seen 50% of global venture capital redirected from cryptocurrencies to AI companies. The Jane Street alleged market manipulation saga has done little to help the market.

BTC price prediction

Historically, Bitcoin has always bottomed roughly 23 months after its last all-time high (ATH). Time is now due since its March 2024 ATH of $73K, suggesting future downward price action.

Kalshi prediction markets show an 85% chance that Bitcoin drops below $65,000, echoing current extreme fear market sentiment.

JUST IN: 85% chance Bitcoin drops below $60,000

— Kalshi Traders (@KalshiTrade) February 27, 2026

On the flip side, most analysts now propose an elongated cycle of BTC price appreciation, following a break in the coin’s traditional four-year boom-bust cycles.

The post Investigator Reveals Year-long Insider Trading at Axiom DEX Platform appeared first on Coinpedia Fintech News

On Thursday, crypto investigator ZachXBT published an exposé in which he accused employees at Axiom decentralized exchange (DEX) of conducting insider trading since early 2025.

Insider traders at Axiom had access to sensitive user info

According to the ZachXBT report, Axiom staff members utilized their unrestricted access to internal company tools to conduct the fraud. The employees researched, tracked, and compiled financial information from the private wallets of key opinion leaders in the crypto industry. Several persons whose wallet information had been leaked via screenshots corroborated this narrative, as stated in the report.

The investigation further details a conspiracy involving an employee named “Broox”, where another co-conspirator was set to profit $200,000 from insider trading. ZachXBT notes that precise evidence of such happenings would require access to Axiom’s employee logs.

1/ Meet @WheresBroox (Broox Bauer), one of the multiple @AxiomExchange employees allegedly abusing the lack of access controls for internal tools to lookup sensitive user details to insider trade by tracking private wallet activity since early 2025. pic.twitter.com/KwICQMJL1q

— ZachXBT (@zachxbt) February 26, 2026

Axiom distances itself from wayward employees

Following its debut in 2024, Axiom quickly gained traction due to its focus on crypto meme coins and perpetuals. Its revenues to date are now over $390 million, and it is ranked the second-best revenue-generating dApp on Solana with $15.36 million in monthly revenue.

Source: DefiLlama

Regarding the recent investigation, Axiom has expressed disappointment in employee misconduct, adding that it has removed access to the tools enabling insider trading. 

On Polymarket, the title “Which crypto company will Zach XBT expose for insider trading?” saw $27.6 million in trading volume prior to the investigation’s release. One trader even made a $39K profit from the same, which ZachXBT said could be one of the investigation’s informants.

Elevated instances of crypto insider trading

The Axiom investigation is one among many that reveal potential insider trading within crypto platforms. Another prominent case is that of Jane Street, in which the company was accused of market manipulation and insider trading, leading to the Terra-Luna collapse.

Observers have pointed out the possibility of algorithmic 10:00 am dumps by the company, in addition to possible involvement in the October 10 flash crash. The latter shook the crypto industry, with the blame still shifting from Binance to Wintermute to some offshore macro hedge fund. However, Bitwise CIO Matt Hougan believes the recent market volatility is just a classical crypto winter.

The post American Bitcoin Reports 159% YoY Revenue Amid Trump Crypto Controversies appeared first on Coinpedia Fintech News

The Trump-backed Bitcoin miner, American Bitcoin Corp. (NASDAQ: ABTC), has today revealed a 159% year-on-year (YoY) revenue upsurge in its Q4, 2025 earnings report. The company also saw a 22% quarter-on-quarter increase in revenue to $78.3 million, just 6 months after its debut on the US stock markets.

The firm’s Bitcoin holdings have risen by over 60% to a current stash of 6,235+ BTC, making it the 17th largest publicly traded Bitcoin holder worldwide.

Source: PR Newswire

Despite the news, American Bitcoin stock was trading at $1.015 at press time, having declined 3.33% in the past day, and an overall 75.8% year-to-date. Meanwhile, WLFI token was trading at  $0.1165, down 26.14% in the past month.

This is a reflection of its $59.5 million net loss due to recent crypto market volatility. ABTC is also moving in tandem with the greater US stock market, which has seen a recent downturn after Nvidia failed to meet investor expectations in its latest earnings report. 

The controversy behind American Bitcoin and WLFI

American Bitcoin and the DeFi protocol World Liberty Financial (WLFI) are both co-founded by Eric Trump and Donald Trump Jr., while their father, President Donald Trump, is named Chief Crypto Advocate.

The pair has increasingly come under public scrutiny for security breaches, ethical compliance, and conflicting interests.

The president's meme coin and cryptocurrency ventures create the possibility of serious conflicts of interest and corruption, all with minimal public insight. That's a huge ethics issue.https://t.co/aKd7PqnC57

— Citizens for Ethics (@CREWcrew) April 13, 2025

Hackers have allegedly used co-founder accounts and the Trump campaign website multiple times for market manipulation and fake token promotion.

Additionally, the Trump family makes 10X their real estate income from WLFI alone, something that critics say blurs the lines between the presidency and personal business.

In 2025, the US Senate launched an investigation into WLFI token transfers to Iran, Russia, the North Korean hacker entity Lazarus Group, and crypto mixer Tornado.

When compared to other crypto ventures, WLFI takes a more centralized approach by capping public voting rights, performing random Treasury reshuffles, and freezing wallets it considers disdainful. 

Additionally, Trump’s pardoning of major crypto players and donors like Binance’s CZ and Crypto.com has fueled corruption rumors. His reduction of regulatory oversight in the crypto industry, while allegedly using taxpayers’money to fund volatile crypto ventures, are actions viewed as economically damaging by critics.

The post Ethereum Releases “Strawmap” for Scaling, Privacy, and Quantum Resistance appeared first on Coinpedia Fintech News

The Etherem Foundation (EF) has released a decade-long roadmap dubbed the “strawmap” that is designed to scale the ecosystem, while improving privacy and quantum resistance. 

More specifically, the project intends to bring up the transaction speeds of L1 and L2 protocols to 10,000 transactions per second (TPS) and 10 million TPS, respectively. This will happen through technologies like embedded zero-knowledge provers (zkEVMs) and data availability sampling.

The strawmap’s second objective would be to improve privacy by enabling users to conceal their balances and transaction histories. 

Most notably, Strawmap would address security threats through quantum-resistant cryptography such as hash-based schemes.

The roadmap estimated a total of seven Ethereum forks by the end of 2029 to incorporate these developments.

Source: X

Ethereum Strawmap comes amid Vitalik’s periodic ETH sales 

Most experts and crypto proponents, such as Strategy’s Michael Saylor, believe that we are still years away from any considerable quantum threats to cryptographic systems. However, Ethereum creator and co-founder Vitalik Buterin has warned that quantum risks could emerge as early as 2028. Ripple’s David Schwartz concurred, emphasizing the need for Bitcoin to make a quantum-proof fork.

Such opinions have sparked community and developer engagement, with the intention of building quantum-hard networks. Bitcoin, for instance, has proposed the BIP-360 upgrade, which will introduce post-quantum cryptography to the network following its implementation.

In support of similar measures for the Ethereum ecosystem, Vitalik has been structurally liquidating part of his Ethereum portfolio amid the recent crypto downturn. 

In the past month, the developer has liquidated about 11,000-17,000 ETH ($23 million to $43 million), leaving behind about 224,000 ETH. On-chain data shows he periodically does this in small batches to prevent drastic negative price impacts on ETH.

Source: Arkham Intelligence

Supporters view the tactic as a philanthropic way to uphold Ethereum through internal resources rather than external debt, while critics see it as a gradual exit from the blockchain. 

ETH price reversal

As of Thursday, February 26, ETH was trading at $2,106, having gained 13.78% in the past day. The price reflects a broader market-wide upside momentum amid renewed institutional risk appetite for cryptocurrencies.

The post Ethereum Undervalued, Bitcoin & XRP Remain Neutral Amid Recent Bullish Reversal appeared first on Coinpedia Fintech News

Based on the 30-day Market Value to Realized Value (MVRV) Ratio, Ethereum (ETH) is mildly undervalued at -5.5%. Bitcoin (BTC), XRP (XRP), and Chainlink (LINK) remain neutral at -1.4%, -0.1%, and +3.3%, respectively. By contrast, Cardano (ADA) is mildly overvalued, with an MVRV ratio of +6.8%.

Source: Santiment

Bitcoin and the wider crypto market showcase a bullish trend reversal

The past day has seen an upward trend reversal in the broader cryptocurrency ecosystem, despite recent bearish momentum and sentiment.

Data shows that the average Moving Average Convergence Divergence (MACD) indicator has slightly surpassed its 9-day average, indicating a weak bullish momentum reversal.

BTC was up 7.78% in the past day to trade at $69,050 as ETH gained 13.31% to reclaim its $2,000 psychological level. Meanwhile, XRP and LINK gained +9.37% and 16.07%, respectively. Uniquely, Cardano has experienced a striking 20.07% upsurge to trade at $0.3115.

Source: CoinMarketCap

Events leading up to the recent crypto rally

Tech company Nvidia recently reported record-breaking earnings driven by demand in artificial intelligence (AI). Due to the strong correlation (98%) of crypto with the S&P 500, the news fueled renewed risk appetite in investors of both stocks and crypto.

Capital rotation from BTC to altcoins has contributed to their recent rallies as investors seek higher returns from riskier assets. Bitcoin dominance is now at 58-60%, while the Altcoin Season Index reads 34/100, indicating a mixed market for Bitcoin and Altcoins. 

This week, Bitcoin ETFs saw $257.7M in net inflows, effectively ending a five-week outflow streak.

Near-term market outlook 

At press time, the overall crypto market cap totaled $2.38 trillion, having gained 7.50% in the last 24hours.

Should the current rally hold, the crypto market could test the $2.59T (50% Fibonacci) level. Falling below $2.35T (78.6% Fib) would indicate a loss in momentum, validating a weak bullish theory.

The post USDC Stablecoin Issuer Circle Reports 77% Revenue Upsurge in Q4, 2025 appeared first on Coinpedia Fintech News

USDC stablecoin issuer Circle Internet Group Inc. (NYSE: CRCL) has posted $2.7 billion (+64% YoY) in full-year revenue and reserve income for 2025. 

More specifically, the company saw $770 million (+77% YoY) in revenue and $133 million in net profits in Q4 of 2025. Its flagship stablecoin USDC saw annual transaction volume skyrocket by 247% to reach $11.9 trillion.

At press time, CRCL shares were trading at $82.22, having surged 33.97% in the past 24 hours following the company’s financial report. This also represents a massive 156% hike in value from $31 during the June 2025 initial public offering (IPO).

Source: MarketWatch

Meanwhile, USDC’s total market cap is now at $75.4 billion, up 16.55% in the past 24hours.

Reasons Circle posted strong Q4, 2025 results

Under the helm of CEO Jeremy Allaire, Circle became a publicly traded company and moved its headquarters from Boston to New York City to better position itself at the heart of global finance.

The company also diversified its revenue sources with its cross-border payments system, Circle Payments Network (CPN), achieving $5.7 billion in annualized transaction volumes. Its other stablecoin, the euro-backed EURC, now has €310 million worth of assets under management (AUM), while its tokenized Treasury product USYC boasts $1.5 billion AUM. 

Even more, Circle integrated USDC into Brazil and Mexico payment systems while developing partnerships with notable financial conglomerates like Visa and Intuit. In late 2025, the firm’s Arc blockchain testnet saw considerable onboarding from noteworthy institutions looking to engage with tokenized financial products.

Regulatory-wise, Circle was the first of its kind to obtain operational licenses in European markets. Compliance with the GENIUS Act in the US has positioned it as a safe financial harbor, increasing its adoption as a payments stablecoin.

Stablecoin summer

While the rest of the market experienced what many perceived as a crypto winter, stablecoins surged in volume to about $400 billion following heightened adoption. 

https://t.co/xP8UE2U7Oe

— Stripe (@stripe) February 24, 2026

Still, their earnings pale in comparison to payment giants like Visa, which reported $20.1 billion in GAAP net income on $40 billion in net revenue for the 2025 fiscal year.

In the future, Circle plans to broaden its outreach by enabling the use of its stablecoins by artificial intelligence (AI) agents.