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Wu Blockchain· 2026-02-12 06:55
JPMorgan has turned bullish on the crypto market for 2026, citing institutional inflows and clearer regulations as key drivers for recovery. Analyst Nikolaos Panigirtzoglou noted that Bitcoin, after falling below its estimated production cost of $77,000, is nearing a new equilibrium, with miner capitulation helping the market self-correct in the medium to long term. As the U.S. moves towards more crypto legislation, including the Clarity Act, institutional investors are expected to play a major role in driv ...
X @Wu Blockchain
Wu Blockchain· 2026-02-12 06:14
According to Arkham monitoring, Binance's SAFU fund address has purchased 4,545 BTC, worth $304.58 million. The SAFU fund has now completed its $1 billion Bitcoin purchasing plan and currently holds 15,000 BTC, valued at $1.005 billion.https://t.co/vzrdl5wsaO https://t.co/657l90muC5 ...
X @Wu Blockchain
Wu Blockchain· 2026-02-12 05:55
SEC Chairman Paul Atkins addressed concerns over the agency’s crypto enforcement, particularly regarding Justin Sun and his ties to the Trump family. He stated that due to regulatory restrictions, he couldn't discuss specific cases but was open to a confidential briefing. Atkins also emphasized that the SEC is working with the CFTC to create clearer regulations for the crypto industry under the Clarity Act.https://t.co/Qz7rP2lToW ...
X @Wu Blockchain
Wu Blockchain· 2026-02-12 05:13
Kyrgyzstan’s crypto market has quickly become one of the fastest-growing sectors in the country’s economy. According to official data, the country’s crypto transaction volume surpassed $7.9 billion in the first three quarters of 2025, with a total annual volume exceeding $20.5 billion, generating $22.8 million in tax revenue. This tax revenue exceeds the combined total from the country’s largest commodity market, Dordoi Bazaar ($7.9 million), and patent taxes ($13.6 million).https://t.co/JqQPoFz3Bj ...
X @Wu Blockchain
Wu Blockchain· 2026-02-12 04:05
DCG CEO Barry Silbert stated that 5%-10% of Bitcoin will likely flow into privacy-focused cryptocurrencies like Zcash over the next few years as the crypto market evolves. He emphasized that privacy coins represent an asymmetric investment opportunity similar to Bitcoin’s early days, with Zcash having the potential for 100x, 500x, or even 1000x returns, which he believes is unlikely for Bitcoin.https://t.co/pSqkDPWGwc ...
X @Wu Blockchain
Wu Blockchain· 2026-02-12 02:29
According to Bloomberg, Strategy CEO Phong Le stated that the company will issue more perpetual preferred shares to address investor concerns over stock price volatility. The new product, "Stretch," offers investors exposure to digital assets while mitigating risk, with a monthly reset dividend rate of 11.25%, designed to stabilize its price around a $100 face value. So far, perpetual preferred shares have made up a small portion of Strategy’s financing, which has included $370 million in common stock and $ ...
X @Wu Blockchain
Wu Blockchain· 2026-02-12 00:46
Tether USA CEO Bo Hines stated that Tether plans to significantly increase its U.S. Treasury bill (T-bill) purchases in 2026, aiming to become a "top 10 T-bill buyer." According to the latest attestation, Tether currently holds over $122 billion in T-bills, surpassing Germany and representing 83.11% of its reserves. The growing demand for Tether's flagship stablecoin USDT, along with the recent launch of its GENIUS Act-compliant USAT stablecoin, is expected to further boost Tether's T-bill holdings.https:// ...
X @Wu Blockchain
Wu Blockchain· 2026-02-11 22:05
CZ: Why I Left OKCoin at That TimeOn February 10, 2026, Binance founder CZ recalled in an exclusive interview with The All-In Podcast that he left OKCoin in early 2015 after a few months due to cultural differences.Following his departure, a year after the Mt. Gox collapse, he teamed up with former colleagues to found a Bitcoin exchange in Tokyo to fill the market vacuum. Serving as CEO and handling fundraising, CZ used his personal savings to pay the team's salaries while taking no pay himself, marking a p ...
X @Wu Blockchain
Wu Blockchain· 2026-02-11 20:06
Sonic Labs announced a shift from a gas-fee–centric Layer 1 value-capture model to a vertically integrated strategy, building or acquiring core applications and financial primitives to internalize key economic activity and direct trading fees, protocol income, and application revenues to the S token. Against a backdrop of blockspace oversupply and ongoing fee compression, the team stated that transaction fees alone are insufficient for sustainable value capture. Sonic plans to deploy integrated products acr ...
X @Wu Blockchain
Wu Blockchain· 2026-02-11 19:10
Bybit CEO Ben: Exchange Offers Retail-Style Bank AccountsBybit CEO Ben said Bybit will start offering retail-style bank accounts. After completing KYC, users can receive a personal IBAN under their own name, starting with USD. The account can be used for salary receipts, bill payments, and large purchases, aiming to reduce disruptions caused by bank risk controls when users move fiat in and out. ...