Last mentioned: 3d ago
Current Consolidation
BTC trades near $68,400 following a four-week losing streak.
Support Test
Bitcoin briefly breaks below $61,000 as doubts about the crypto market intensify.
Peak Volatility
Bitcoin briefly touches the $85,000 level before a sharp correction begins.
Fed-Induced Liquidation
Hawkish remarks from the Federal Reserve lead to $400M in market liquidations.
Cathie Wood’s ARK Invest purchased 41,453 shares of Coinbase (COIN) valued at approximately $7 million, sparking a pre-market rally. The move signals high conviction from the asset manager even as Wall Street analysts maintain bearish outlooks following a fourth-quarter earnings and revenue miss.
ARK Invest, led by Cathie Wood, executed a significant portfolio rotation on February 17, 2026, acquiring $21 million in shares of AMD, Broadcom, and Coinbase. The firm simultaneously reduced exposure to Teradyne and Airbnb, signaling a sharpened focus on AI infrastructure and digital asset platforms.
A major new study identifies Nigeria and South Africa as the primary drivers of global stablecoin demand, fueled by a need for cheaper cross-border payments. While users are optimistic about the technology's utility, regulators remain concerned about potential economic dollarization and capital flight.
YieldMax has announced its February 2026 monthly distributions across its suite of single-stock ETFs, with the Short COIN and GME-linked funds delivering the highest payouts. These declarations underscore the significant premiums currently available in high-volatility sectors like cryptocurrency and meme stocks.
Bitcoin has retreated to the $68,000 level, marking its longest weekly losing streak since the 2018 bear market. Ethereum and major altcoins are following suit as macroeconomic headwinds and a cooling tech sector dampen investor appetite for risk assets.