Ethena (ENA): Impressive recovery but will the bullish momentum be sustainable?
Ethena (ENA) recorded an increase of 11.55% in open interest (OI) over the past 24 hours, as the price surged impressively by 5.08%. The increase in speculative demand occurred as ENA recovered from a local support level at $0.094.
According to the latest report from Coinphoton, the market has witnessed a significant increase in large buy orders from whale investors in the spot market. These large buy orders appearing in the context of a steep price drop are often viewed as a signal that smart money is participating, thereby contributing to the slowdown in price decline.
Solana (SOL) approaches a key resistance zone, is the support from ETFs strong enough to trigger a breakout?
The price of Solana (SOL) is under slight profit-taking pressure as it approaches the upper boundary of the accumulation range around 88 USD in Wednesday's trading session. However, the support from institutional capital is becoming increasingly evident as spot ETF funds have recorded two consecutive inflow sessions since the beginning of the week, reinforcing the foundation for a recovery trend.
On a technical basis, if SOL can convincingly close above the current accumulation zone, a breakout scenario will be opened, laying the groundwork for a new bullish phase in the short term.
Why do organizations still prioritize Ethereum despite the emergence of faster blockchains like Solana
Ethereum continues to maintain its position as the blockchain with the largest concentration of stablecoins and decentralized finance (DeFi) capital in the market, despite the continuous rise of networks with higher speeds.
In recent years, many new blockchains have promoted their superior transaction processing capabilities and low costs, raising the question of whether institutional capital could leave Ethereum in the future.
Bitcoin price plummets below 64,000 USD as Israel and the US attack Iran
Bitcoin dropped sharply below 64,000 USD after reports of Israel and the US attacking Iran, leading to a widespread risk-averse sentiment in the financial markets. According to Investing, the price of Bitcoin fell below the 64,000 USD mark during trading on Saturday, following reports that Israel and the US were conducting attacks on Iran.
Recently, Bitcoin has been 'repositioned' by the market from a safe-haven asset to a high-risk asset class, showing volatility similar to growth stocks. Previously, the world's largest cryptocurrency was often seen as a store of value due to its price movements trending in parallel with gold. However, this correlation is no longer clear.
Polygon price skyrockets 40% while whales sell 210 million POL: Is a reversal imminent?
The price of Polygon (POL) has increased by 40% since hitting a low on February 6, marking a strong recovery. However, behind this surge are concerning signals. Whales – large investors holding most of the supply – have quietly dumped large amounts of tokens, with a total of 210 million POL released into the market during the price increase phase.
Meanwhile, retail investors have almost stopped selling, with the amount of POL flowing into exchanges decreasing by up to 95% in just a few days. However, despite the initial positive signals, the price of POL still cannot break through the important resistance level, putting this currency in a precarious situation. The next move is likely to be a strong breakout in one of two directions.
Can whales help the price of ICP surpass $3 after recent positive signals?
Since recovering from a deep drop to $2, Internet Computer (ICP) has recorded a four-day streak of consecutive growth, reaching a three-week high of $2.7 before experiencing a slight correction.
At the time of writing, ICP is trading at $2.5, recording a 10.7% increase on the daily chart and continuing to maintain positive growth momentum for the week. Thanks to the recent price surge, this altcoin has officially escaped a prolonged downtrend, establishing a strong upward trend.
Bitcoin's March: Major volatility and the question of the bull trap?
As of now, Q1 is gradually illustrating one of the most notable bearish cycles in recent years.
Entering the final month of the quarter, market sentiment begins to pivot. Traders are forced to recalibrate their risk/reward expectations, trying to decode whether Bitcoin's (BTC) prolonged sideways phase is opening up an attractive entry point — or merely a cleverly disguised bull trap.
Cardano launches USDCx as stablecoin liquidity increases despite TVL decline
Cardano has officially introduced USDCx, a stablecoin infrastructure backed by USDC, developed in collaboration with Circle. This is seen as an important step in expanding dollar-denominated liquidity on the network, even as on-chain activity has yet to truly pick up. The deployment of USDCx directly connects Cardano with Circle's xReserve framework, allowing users to create and exchange USDCx at a 1:1 ratio with USDC held in reserve. This move comes with direct integrations on leading DeFi applications such as Minswap, Liqwid, and SundaeSwap.
The market has just received a series of extremely hot news:
• Tel Aviv sounds the air raid alarm • Multiple explosions in Tehran • Israel's Defense Minister announces that a preemptive strike has been launched • Israel declares a nationwide state of emergency
If this information is officially confirmed, this is no longer a proxy war.
This is a direct confrontation between Israel and Iran.
Israel's Channel 12 reports that this is a joint attack by Israel and the United States on Iran.
The market has just received a series of extremely hot news:
• Tel Aviv sounds the air raid alarm • Multiple explosions in Tehran • Israel's Defense Minister announces that a preemptive strike has been launched • Israel declares a nationwide state of emergency
If this information is officially confirmed, this is no longer a proxy war.
This is a direct confrontation between Israel and Iran.
Israel's Channel 12 reports that this is a joint attack by Israel and the United States on Iran.
U.S. investors are rekindling interest in Ethereum, but the short-term outlook is not bright
Ethereum has been showing bullish signals from the U.S. market over the past week, as buying pressure returned, helping the price temporarily recover to the level of 2,110 USD, before profit-taking pressure pulled the price back. Notably, the Coinbase Premium Index – a gauge reflecting the sentiment of U.S. investors through the price difference between ETH/USD on Coinbase and ETH/USDT on Binance – has shifted to positive territory. This index currently stands at its highest level since mid-December, indicating that the group of U.S. traders, which had been on the sidelines previously, is gradually returning to the market.
Morgan Stanley continues to push its crypto strategy
This Wall Street financial group has filed for a national trust bank charter, allowing it to provide digital asset custody services, Bloomberg reported on Friday.
According to the report, Morgan Stanley plans to use this charter not only for custody but also to implement staking and trading for investing clients. The filing for Morgan Stanley Digital Trust to establish a new national bank was submitted on 18/2, according to information on the OCC website, although the public list has not provided further details.
This move indicates a significant change in Morgan Stanley's stance towards crypto. In recent months, the bank has shifted from a cautious approach to a more proactive strategy with digital assets, reflecting the overall trend of many traditional financial institutions.
Last month, the bank appointed veteran leader Amy Oldenburg to head digital asset strategy in a newly created position. Previously, Morgan Stanley also filed to list a spot bitcoin ETF and a spot Solana ETF, while also stating plans to launch an exclusive digital asset wallet this year.
Morgan Stanley's filing with the OCC comes amid a backdrop where several pure crypto companies have received conditional approvals, most recently Crypto.com and Stripe's subsidiary Bridge. Earlier, the OCC also granted conditional approvals to Ripple, Circle, BitGo, Fidelity Digital Assets, and Paxos in December.
Ripple shifts capital strategy as XRP struggles due to weakened retail demand
Ripple (XRP) continues to slide into its second consecutive decline, currently hovering around the $1.38 mark at the time of writing on Saturday. This correction comes right after a strong recovery from the weekly low of $1.31 set on Tuesday; however, the upward momentum quickly weakened and was halted at the $1.49 region during Wednesday's session.
Ripple changes developer funding in 2026
Ripple is gradually transitioning to a completely new funding model, opening up more flexible pathways for developers in the ecosystem to access supportive resources. In a statement released on Thursday, the entity issuing the XRP token and the stablecoin RLUSD announced that starting in 2026, builders will have access to capital through a distributed mechanism, rather than the centralized approach used previously.
Bitcoin options traders bet on $90,000 as bottom signals emerge
Data from the on-chain derivatives platform Derive shows that Bitcoin options traders are increasing their positions for a recovery scenario up to the $90,000 region, sending an early signal that the market may be attempting to form a bottom.
In a note sent to The Block, Derive's Head of Research, Mr. Sean Dawson, stated that the recent structure of derivative positions indicates that investors are scaling back aggressive deep protective hedging strategies, while still maintaining clear risk protection layers.
3 notable altcoins this weekend | February 28 – March 1
Cryptocurrency traders should pay special attention to prominent altcoins, where notable technical setups and potential trigger factors are shaping the market. Key events such as token unlocks, price breakout patterns, or overbought conditions can create significant short-term volatility. We have analyzed three potential altcoins that are predicted to bring an exciting weekend.
🟢The Strategy company of billionaire Michael Saylor announced that it purchased 2,932 BTC (~$264 million) last week, increasing its total holdings to 712,647 Bitcoin, equivalent to $62.6 billion.
🟢BitMine Immersion Technologies (BMNR) — the Ethereum treasury company led by Tom Lee (Fundstrat) — has purchased an additional 40,302 ETH (~$117.2 million) last week, raising the total amount of ETH held by BitMine to approximately 4,243,338 ETH, valued at ~ $12.3 billion at the current ETH price.
Aster up 5%: CZ's investment eases market manipulation concerns
The amplification from social media has always been a double-edged sword for the cryptocurrency market.
On one extreme, any token backed by a major influencer tends to raise concerns about the risk of 'price manipulation.' But on the flip side, that very support can also become a catalyst for a strong growth cycle, as investors view it as a signal for long-term profit potential and sustainable commitment.
Bitcoin at the center of market warnings like 'The Great Depression of 1929': Mike McGlone
The crypto market is emitting historically significant warning signals as comparisons with the period before the 'Great Depression of 1929' raise debates about valuation pressures and deep risk. In the context of a fragile global market, Bitcoin emerges as a potential trigger for significant volatility.
Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, shared a series of analyses on social media X this week comparing the developments of the crypto market with historical financial cycles in the United States. He emphasized the similarities with the stock market during 1929, the tense valuation status across various asset types, and the downside risk for bitcoin.
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