What's happening: Bitmine spends $98M on ETH, raising its treasury to 4.47 million tokens
Tom Lee’s Bitmine Immersion Technologies announced a $98 million purchase that lifted its ether holdings to 4.474 million tokens, about 3.71 % of Ethereum’s total supply. The firm now has 3.04 million ETH staked, valued at roughly $6 billion, generating $172 million in annualized staking revenue, with potential to rise to $253 million at full capacity.
Also developing:

Meta is planning to introduce stablecoin‑based payments in the second half of 2026 by partnering with a third‑party provider, avoiding the need to issue its own token. The initiative leverages the 2025 GENIUS Act’s regulatory framework, positioning digital dollars as a cheap, instant settlement layer within Meta’s apps. Analysts estimate that expanded stablecoin usage could generate $0.8‑$1 trillion of incremental demand for short‑term U.S. Treasury bills. While the Treasury market may benefit, Washington remains wary of platform‑risk and concentration concerns.

Bitcoin surged past $68,500 on Wednesday, posting a 6% gain in 24 hours and wiping out the early‑week dip below $63,000. The rally lifted major altcoins, with Ethereum reclaiming the $2,000 level and several midsized tokens climbing over 10%. Derivative...

Bitcoin surged past $67,000 on Wednesday, posting a 4.5% daily gain despite fresh U.S. tariff announcements. The rally brought the price close to the 200‑week exponential moving average, now sitting around $68,330, a level analysts view as decisive support. Traders...

GD Culture Group’s board approved the sale of a portion of its 7,500‑bitcoin reserve to finance a $100 million share‑repurchase program. The Bitcoin stash, now worth roughly $497 million, reflects a $344 million unrealized loss from its $841.5 million acquisition cost. Management retains discretion...
Unstoppable Domains and SuperVerse have launched the .super on‑chain domain, designed for the SuperVerse gaming ecosystem. The .super name serves as a unified digital identity across games, marketplaces, creators, and community initiatives, replacing wallet addresses with human‑readable names. Each domain...
Payoneer has filed an application with the Office of the Comptroller of the Currency for a U.S. national trust bank charter, to be branded as PAYO Digital Bank. The charter would let the firm issue, send and receive stablecoins, provide...

TBD, a New York‑based prediction‑market protocol provider, announced a $3 million funding round. The round was led by CMT Digital and ParaFi, with participation from Jump Crypto. The capital will be deployed to scale operations and accelerate development of its verified...

21Shares has launched the Strategy Yield ETP (ticker STRC NA) on Euronext Amsterdam, giving European investors direct exposure to Michael Saylor’s Strategy preferred stock. The product is backed by Strategy’s 717,722 BTC treasury—valued around $47 billion—and offers a variable 11.25% annualized dividend. It marks...

The UK Financial Conduct Authority has chosen Revolut, Monee Financial Technologies, ReStabilise and VVTX to join a dedicated stablecoin cohort within its regulatory sandbox. The four firms will test issuance, payments, wholesale settlement and crypto‑trading use cases in a controlled...
The Commodity Futures Trading Commission’s enforcement activity on digital assets has sharply contracted, dropping from 58 actions in 2024 to just 13 in 2025. Many ongoing crypto investigations were closed without any claims, and staff who survived a wave of...

Bitcoin’s current bear market shows no sign of stabilizing, and the typical bottom‑forming signals are missing. While on‑chain activity appears less bearish than price, the participation slowdown is uneven and superficial. The article argues that the apparent resilience is misleading,...
Quantoz Payments has become a direct Visa principal member, allowing it to issue virtual Visa debit cards and act as a BIN sponsor for fintechs. The partnership lets customers spend regulated e‑money and stablecoins on any Visa‑accepted merchant, including online,...
Convicted crypto fraudster Sam Bankman‑Fried has turned to a MAGA‑styled social media campaign, urging President Donald Trump to grant him a presidential pardon. The effort follows Trump’s recent pardons of high‑profile financial‑crime figures, including Binance founder Changpeng Zhao. A White...

South Korea is drafting amendments to its capital market and virtual‑asset laws that will compel social‑media personalities who promote cryptocurrencies or stocks to disclose both their holdings and any compensation received. The rule targets individuals who repeatedly offer advice through...
The U.S. Commodity Futures Trading Commission announced that David Miller will become its enforcement director on March 2, succeeding a period of heightened scrutiny over derivatives trading. Miller, a former federal prosecutor, has spent the last several years as a...

FG Nexus, a publicly listed Ethereum treasury firm, sold 7,550 ETH worth roughly $14 million, adding to a series of disposals that have locked in over $80 million in losses. The company originally accumulated 50,770 ETH at an average price of $3,860 per coin...
WisdomTree received SEC exemptive relief to issue tokenized shares of its $730 million Treasury Money Market Digital Fund. The approval lets investors buy and sell shares at a constant $1 price around the clock, rather than the traditional once‑daily NAV pricing....

A governance dispute has erupted in the Aave ecosystem as the Aave Chan Initiative (ACI) and Aave Labs released conflicting reports on the protocol’s historical funding and contributions. ACI’s transparency report estimates $86 million in lifetime capitalization for Aave Labs and...

Bitcoin surged above $66,000 during President Trump’s State of the Union address, rebounding from a $64,000 level after a week‑long dip to $62,803. At 5:45 am ET the cryptocurrency traded around $65,403, while Ether hovered near $1,913. The rally coincided with Trump’s...
Commerzbank has cautioned that the European Central Bank must step in to nurture a viable euro‑stablecoin ecosystem. The bank argues that without clear regulatory guidance, market participants will remain hesitant, slowing adoption of digital euros. It also stresses the need...
Sovos and Label have teamed up to launch a joint CARF compliance solution for digital‑asset platforms, integrating Label’s CARF automation with Sovos’ 1099‑DA and broader tax reporting capabilities. The offering, branded Label CARF + Sovos 1099‑DA, automates onboarding, transaction aggregation, foreign‑exchange valuation...

Russia's central bank and finance ministry are drafting legislation to establish a fully regulated domestic cryptocurrency market. The bill, slated for Duma submission in March, would require licensed exchanges, depositories, brokers and asset managers under Central Bank supervision, taking effect...

Crypto market‑making programs have moved from ad‑hoc trading to formalized partnerships between exchanges and professional liquidity providers. Platforms such as WhiteBIT set explicit performance metrics—spread width, order size, uptime—to ensure continuous quoting and stable order books. Infrastructure advances, especially crypto...

Financial advisors are eager to tap the long‑term upside of digital assets but are constrained by volatility and client comfort. The industry is shifting from speculative token trades to real‑world blockchain applications in data centers, AI workloads, and fintech services....
In this February 2026 episode of This Month in Banking, host Tara Ween and co‑host Ben Crowley speak with Emmett Shipman, Wolf & Company’s fintech strategy and growth senior manager. Emmett traces his decade‑long fintech journey, explains the evolution of...

Crypto prediction markets are emerging as a fintech‑adjacent innovation, letting users bet on price thresholds using digital assets. These platforms mirror fintech’s rapid‑iteration cycles, permissionless onboarding, real‑time trading, automated clearing, micro‑sized contracts, and crowd‑driven data analytics. By treating probability as...

Ethereum’s spot ETFs saw a sharp contraction, with holdings falling from over 6.1 million ETH in late January to about 5.8 million ETH by Feb. 23, trimming total assets from $18.6 billion to roughly $11.9 billion. The price of ETH dropped about 35% over the...
Fintech firm Milo announced it has originated over $100 million in crypto‑backed mortgages, highlighted by a record $12 million single transaction. The company attributes its growth to AI‑enhanced underwriting, real‑time collateral monitoring, and a zero‑margin‑call track record. Interest rates average...

Fluid DAO’s governance has put forward a proposal to create a Cayman‑registered non‑profit foundation that would own the protocol’s smart‑contract code, front‑end, domains and trademarks. The foundation would be funded by a $250,000 monthly grant—about $3 million a year—drawn from the...

21Shares has launched the TSUI exchange‑traded fund on Nasdaq, giving U.S. investors a regulated, spot‑based way to own the Sui (SUI) token. The ETF trades alongside traditional equities, allowing brokerage accounts to access crypto without custodial hurdles. At launch, SUI...

Strata, launched on Ethereum in October 2025, is a structured yield protocol that tokenizes a shared collateral pool into senior and junior tranches. The senior tranche offers over‑collateralized, lower‑risk returns, while the junior tranche absorbs volatility for amplified yields that now...
Better.com announced it will use a US‑backed stablecoin to finance its mortgage warehouse line, marking a first for a major U.S. mortgage originator. The company plans to tap USDC on a public blockchain to raise short‑term capital, bypassing traditional bank...

Bitcoin slipped below $64,000 on Feb. 24, pulling the total crypto market down 2.5% to roughly $2.27 trillion. The decline marked a 3% daily drop for BTC and a 6% weekly loss, with Ethereum and other top‑10 tokens also posting losses. Analysts...

Meta has issued a request for proposals to launch a new stablecoin this year, signaling a revival of its earlier Libra/Diem ambitions. The company is reportedly exploring a partnership with payments leader Stripe to tap its infrastructure and expertise. This...

Cybersecurity firm Cofense uncovered a sophisticated phishing campaign that impersonates cryptocurrency broker Bitpanda. The fake site replicates Bitpanda’s login and adds a counterfeit multi‑factor authentication flow to harvest credentials, names, phone numbers, addresses, and birth dates. Attackers host the clone...

Digital‑asset investment products saw a $288 million net outflow last week, extending a five‑week losing streak and bringing cumulative withdrawals to $4.0 billion. Trading volume fell to $17 billion, the lowest level since July 2025, indicating waning investor conviction. US investors led the outflows...

Coinbase announced that U.S. customers can now trade stocks and ETFs on its platform alongside crypto. The service operates 24/5, offers commission‑free trades, and allows fractional shares starting at $1 using USD or USDC. The rollout follows the company’s “everything...

MoonPay introduced MoonPay Agents, a non‑custodial, permissionless financial layer that lets AI agents control funded crypto wallets. Users complete a one‑time KYC and link a payment method, after which the AI can autonomously trade, swap and move funds. The service...

Cipher Digital, formerly Cipher Mining, reported Q4 revenue of $60 million and an adjusted loss of $0.14 per share, both missing analyst forecasts of $84.4 million and a $0.06 loss. The company announced a strategic pivot from bitcoin mining to high‑performance computing...

A consortium of leading financial institutions executed the first cross‑border, intraday repurchase agreement using tokenized U.K. government bonds on the Canton Network. The trade featured the inaugural cross‑currency swap of tokenized gilts for tokenized deposits, with smart contracts encoding interest...

World Liberty Financial’s USD1 stablecoin briefly slipped to $0.994 on Feb. 23, a 0.6% deviation that recovered within minutes. The company blamed a coordinated attack involving hacked co‑founder accounts, influencer‑driven fear, and large short positions. Binance holds roughly 93% of the...

The Genius Act, effective July 2025, reclassifies stable‑coin payroll such as USDC as a standard wire transfer, ending offshore‑wallet tax evasion. The IRS now requires reporting via the new 1099‑DA form, creating an automatic data trail that triggers matching reviews....
The European Securities and Markets Authority (ESMA) issued a reminder that firms must verify whether newly offered perpetual futures and similar derivatives fall within the scope of existing CFD product‑intervention measures. The regulator highlights that many of these instruments, including...

Glassnode data shows more than 400,000 BTC were bought between $60,000 and $70,000 as Bitcoin’s price slumped 50% from its October all‑time high. The supply in the $60K‑$70K band rose 43% since the start of the year, reaching roughly 1.43 million...

Michael Saylor likens Bitcoin’s 45% decline to Apple’s 2013 slump, arguing that deep corrections are typical for breakthrough tech investments. Bitcoin fell from $125,000 to about $63,000, echoing Apple’s valuation drop, while Saylor notes that regulated derivatives markets are tempering...
John Palmer, former IEX head of cross‑asset product, has been hired by Kraken as global head of derivatives, bringing extensive experience from IEX, Cboe and Goldman Sachs. His appointment follows Kraken’s recent acquisition of an FCA MTF license to launch...

The U.S. market‑structure bill’s permissibility section would formally allow banks and their holding companies to own and transact in digital assets, effectively expanding the range of activities deemed permissible under the National Bank Act. Critics argue that simply placing an...

Brazil's foreign trade council approved a resolution that eliminates import duties on high‑efficiency SHA256 Bitcoin miners—those above 200 TH/s and under 20 J/TH—effective through January 2028. Three days later, French utility Engie signaled interest in installing such miners at its 895 MW Assu...

DeFi portfolio tracker Step Finance announced it will cease operations immediately after a January hack that stole approximately 261,854 SOL, valued at $27 million. The breach caused the native STEP token to tumble nearly 96% and it fell an additional 36%...

Eric Jackson of EMJ Capital argues that the recent $200 million outflow from U.S. spot Bitcoin ETFs is a cleansing phase, not a failure, positioning Bitcoin for a new wave of long‑duration institutional capital. He notes Bitcoin’s price has slipped to...