Crypto News

Their inaugural wager? A tidy 2,106 ETH-worth roughly $3.8 million, or enough to buy a small island, a very large hat, or about 0.0000001% of Elon Musk’s ego.

Traders, ever the pragmatists, now assign the bill a 42% chance of passing in 2026, reflecting a growing consensus that the negotiations between the crypto industry and the banking sector resemble a chess match between a pawn and a king-both claiming victory, but neither moving an inch.

Well, I say, HashKey Exchange, the crème de la crème of Hong Kong’s trading platforms, has finally rolled out the red carpet for HSK at the civilized hour of 4pm (UTC+8) on February 25, 2026. This token, the darling of the HashKey ecosystem, is now exclusively available to those chaps who’ve passed the professional investor muster. Tally-ho!

In 2025, Coinbase raked in $1.35 billion from stablecoins, which is 19% of their total revenue. That’s right, they’re basically the cool kid at the crypto party, and USDC is their +1. Thanks to their BFF partnership with Circle, the issuer of USDC, they’re swimming in high-margin cash. And now that the GENIUS Act is here (yes, that’s an actual law, not a Marvel movie), the party’s just getting started. Coinbase execs are like, “Watch us multiply this revenue by two to seven times. Boom.”

In a series of dramatic, yet very important, posts, the Foundation expressed its desire to see decentralized finance thrive-but only if it meets Ethereum’s lofty standards. One brave soul even said it out loud: “DeFi isn’t just some niche inside crypto. It’s a revolution-or at least, it better be.”

Bitcoin is still trading under $70,000, influenced by general economic uncertainty that’s affecting investments considered risky. Recent selling activity has narrowed Bitcoin’s price range to between $64,000 and $67,000, and it’s currently showing little strong movement. According to Wintermute, this isn’t just a temporary fluctuation.

Ethereum’s price, like a stubborn mule, refused to stay above $1,880, plunging once more. It slithered past $1,850 and $1,820, descending into the shadowy realm of bearish despair.

In a new post on X, Capriole Investments’ Charles Edwards, a man whose words carry the gravity of a storm, has laid bare the latest trend in the behavior of those who once danced with Bitcoin. To track their movements, Edwards has used the spot ETFs and treasury companies as a compass, though one might wonder if they’re merely chasing shadows.

In case you missed it, Binance and Coinbase did their part on February 12th, listing Espresso, but it was the Korean exchanges-Upbit and Bithumb-that really stirred the pot. If you ever doubted the power of Korea’s liquidity, think again. These listings were like throwing gasoline on a fire, and the flames… they were beautiful. Could this surge continue? Only time-and a lot of caffeine-will tell.

The SEC chairman, ever the arbiter of financial fads, has reportedly likened Ethereum to a commodity, a label as baffling as calling a loaf of bread a “non-bread edible.” Meanwhile, an investor named Paul Barron, with the fervor of a prophet, insists that ETH is now the backbone of a “new on-chain financial system,” a claim as convincing as a child’s promise to clean their room. One wonders if the SEC’s sudden enlightenment is born of genuine insight or a desperate attempt to keep pace with the chaos.