Author: AltCoinDrops.com
In a bold and potentially controversial move, Chinese-based Bitcoin mining company Cango Inc. has announced the liquidation of $305 million worth of Bitcoin (BTC) from its corporate treasury. According to the company’s official statement, the massive sell-off was strategically executed to deleverage its balance sheet and reallocate capital toward its new venture into the burgeoning artificial intelligence (AI) sector. While on the surface this action might appear bearish for the cryptocurrency market, especially Bitcoin, a deeper analysis reveals a different narrative—one that might be interpreted as a unique buying opportunity for contrarian investors.Cango’s decision to offload such a substantial amount…
A rumor of a roughly $260 million liquidation spread through Ethereum trader circles on Feb 13, 2026, after users in r/ethtrader’s Daily General Discussion thread referenced a large wipeout and shared an on-chain style link for others to inspect. The claim gained extra traction because a separate r/ethtrader post explicitly framed the event as “Garett Jin just got liquidated 260 Million,” and pointed readers to a wallet dashboard for the address it associates with the move. In other words, this is not a platform statement. It is a community narrative built around a publicly viewable address and a dashboard snapshot. What…
Gold tanked up to 4.1% before trimming some of that drop. Silver crashed 11%, and copper sank 2.9% as traders reportedly dumped metals to free up cash or cover losses elsewhere. Dow plunged 530 points, or 1.1%, led by a brutal 11% drop in Cisco after weak guidance. The S&P 500 also fell 1.1%. Nasdaq sank 1.5%, with heavy losses in tech. Bitcoin slid another $1,000 to $65K, continuing its recent losing streak. Risk appetite took a hit across the board. Source link
Tom Lee, head of research at Fundstrat, is betting on a prompt bounce for Ethereum. He pointed to a pattern stretching back to 2018: each time ETH dropped deep, it later recovered strongly. Related Reading That history has shaped the tone of his remarks in Hong Kong, where he argued that previous collapses ended with rapid turnarounds. Tom Lee Backs A Quick Rebound According to Lee, Ethereum has endured more than a 50% decline on eight separate occasions since 2018 and each time it came back. He used those past moves as the basis for his view that another sharp…
Bitcoin’s recent slide has left traders squinting at charts and asking the same blunt question: correction or crash? Prices have tumbled sharply, but some market watchers still see this as a deep pullback inside a longer uptrend. Others warn the data points to something colder. Related Reading Price Decline And Hard Numbers According to XWIN Research’s CryptoQuant analysis, Bitcoin has fallen about 46% from a peak near $126,000 and now trades around $67,900 after five straight months of losses. The Fear & Greed Index sits at 14 — a reading labeled Extreme Fear. Reports note that net realized losses recently…
TLDR Total daily net inflow for Ethereum ETFs was $13.82M, with cumulative inflows at $11.88B. Grayscale’s ETH ETF registered a $13.32M inflow, while FETH posted $501K. ETHA, ETHE, and ETHW recorded no flow changes, maintaining steady cumulative inflows. ETHV, EZET, QETH, and TETH had stable flows, with no daily inflows or outflows. Total net assets across Ethereum ETFs amounted to $11.76B, representing 4.84% of Ethereum’s market capitalization. According to a recent SoSoValue update as of February 10, the total daily net inflow for all Ethereum ETFs stood at $13.82 million, while the cumulative total net inflow amounted to $11.88 billion.…
Birch Hill Holdings, an institutional onchain credit infrastructure company focused on lending and tokenized asset markets, has closed a $2.5 million pre-seed funding round co-led by ParaFi Capital and Castle Island Ventures. The round was structured as a Simple Agreement for Future Equity (SAFE). It opened in late November and closed in early 2026, Birch Hill CEO Bhavin Vaid told The Block. Nascent, FalconX Ventures, JST Digital, and Flowdesk also participated in the round, alongside angel backers such as Bluerock founder and CEO Ramin Kamfar. The company did not disclose a post-money valuation. The New York-based firm said it is…
Coinbase stock price retreated by over 5% on Wednesday as traders and investors remained pessimistic about its business ahead of its fourth-quarter earnings report. Summary Coinbase share price is stuck in a bear market after falling from $445 in 2025 to $153. The company will publish its fourth-quarter financial results on Wednesday. Robinhood’s crypto revenue slumped 38%, and Coinbase’s figure dropped as well. Wall Street pros are turning bearish on Coinbase Coinbase, the biggest crypto exchange in the U.S., dropped to $154, down sharply from its 2025 high of $445. This crash has erased billions of dollars in value, with…
Executive Summary Top 3 overall: Sherlock, Trail of Bits, OpenZeppelin (ranked by verifiable methodology, published proof of work, depth of verification, scope breadth, and service completeness). Rankings reflect comparative positioning, not hype: platforms score higher when they show repeatable processes and transparent artifacts, and score lower when claims can’t be corroborated publicly. In this ranking, ‘best smart contract auditors’ and ‘best Web3 security companies’ means the strongest combination of documented methodology, inspectable proof of work, verification depth, scope coverage, and repeatable capacity. Intro We wanted to produce the most accurate and verifiable compilation of Web3 smart contract security providers we could: one…
TLDR: Banks accepted limited exemption language on stablecoin rewards after previously rejecting all transaction-based incentives. Crypto firms want broad definitions of permissible activities, while banks seek tighter limits to protect deposit structures. The White House urged both sides to reach a stablecoin deal before March 1 to sustain legislative momentum. A smaller meeting size allowed more detailed policy language discussions than earlier White House sessions. A smaller White House meeting brought banks and crypto firms closer on stablecoin policy but stopped short of agreement. Participants described the discussion as more detailed and more focused than earlier sessions. Officials pressed…