Workflow
Cryptocurrency
icon
Search documents
Crypto Billionaire Changpeng Zhao Calls Prison A 'Bad Experience,' Reveals What A Prison Guard Told Him When He Was Processed
Yahoo Finance· 2026-02-16 14:31
Core Insights - Changpeng "CZ" Zhao, founder of Binance, shared his experiences in a U.S. prison, highlighting the challenges and dynamics within the prison system [1][2] Group 1: Prison Experience - CZ described his prison experience as "really bad overall," but noted he did not face physical harm or extortion threats [2] - He was placed in a low-security prison in California, which housed individuals convicted of serious crimes, including drug lords, due to his non-U.S. citizenship status [3] - A prison guard advised him to seek "protection" by connecting with a gang, indicating the need for safety in such an environment [4] Group 2: Racial and Ethnic Dynamics - CZ observed that the prison system was organized by race and ethnicity, which he found surprising yet effective in minimizing conflicts [5] - He recounted an encounter with a fellow inmate who welcomed him to their group, illustrating the social dynamics within the prison [5] Group 3: Background on Binance - Binance, founded by CZ in 2017, has become the world's largest cryptocurrency trading platform, with CZ reportedly owning an estimated 90% of the exchange and a significant amount of BNB tokens [6]
Where Will the Cryptocurrency XRP Be in 5 Years?
Yahoo Finance· 2026-02-16 14:07
XRP (CRYPTO: XRP), now hovering just below $1.50, deserves credit for having genuine utility in a market filled with meme coins and outright frauds. Created by Ripple, the token was designed to enable faster, cheaper transactions between financial institutions, especially across borders. Partnerships with major banks, like Bank of America and Santander, show Ripple is doing something right. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, calle ...
X @Bitcoin
Bitcoin· 2026-02-16 13:44
$68,363.75#Bitcoin https://t.co/EbMA2POe6C ...
X @THE HUNTER
GEM HUNTER 💎· 2026-02-16 13:01
RT THE HUNTER (@TrueGemHunter)Bought this 40k MC on SOL amazing coin100xx potentialhttps://t.co/kJxxPvVWnk ...
X @THE HUNTER
GEM HUNTER 💎· 2026-02-16 12:59
Dont miss out next 1000xTHE HUNTER (@TrueGemHunter):Bought this 40k MC on SOL amazing coin100xx potentialhttps://t.co/kJxxPvVWnk ...
X @BSCN
BSCN· 2026-02-16 12:15
🚨HUGE: RUSSIA’S CRYPTO TRADING VOLUME EXCEEDS $650M PER DAYRussia’s Finance Ministry says crypto trading volume now exceeds $650M daily, roughly $130B annually, as lawmakers move to formalize the market.Moscow Exchange (MOEX) already lists $BTC and $ETH futures, with $SOL, $XRP, and $TRX contracts reportedly next.Lawmakers are drafting rules to allow licensed exchanges and brokers to officially offer crypto services. ...
Crypto Investment Funds See Month of Outflows — Are Institutions Pulling Back?
Yahoo Finance· 2026-02-16 11:28
Core Insights - Crypto investment funds have experienced four consecutive weeks of outflows, indicating ongoing investor caution in the crypto market [1][7] - Despite high volatility, certain altcoins are demonstrating resilience, suggesting selective confidence among investors [1] Outflows and Inflows - Digital asset funds recorded a net outflow of $173 million for the week, with total withdrawals over the past month reaching $3.74 billion [2] - Bitcoin saw the largest outflows at $133 million, while Ethereum followed with $85 million in outflows, reflecting ongoing adoption challenges [2][3] - Short-Bitcoin products also experienced outflows of $15.4 million over two weeks, indicating a potential unwinding of bearish positions [2][3] - Conversely, altcoins like XRP, Solana, and Chainlink saw inflows, with XRP leading at $33.4 million, supported by Ripple's cross-border payment use cases [4][5] Regional Sentiment - Outflows were predominantly from the United States, totaling $403 million, while Europe and Canada saw inflows of $230 million [5][7] - Germany led the inflows with $115 million, followed by Canada at $46.3 million and Switzerland at $36.8 million, suggesting non-U.S. investors view current prices as attractive [5] Market Influences - Macro and market data are influencing investor behavior, with outflows coinciding with broader economic concerns despite temporary boosts from softer-than-expected U.S. CPI data [8] - ETP trading volumes fell sharply to $27 billion from $63 billion the previous week, indicating a pullback in trading activity amid market uncertainty [8]
Crypto Funds Bleed $173 Million Amid US Outflows, XRP and Solana Buck the Trend
Yahoo Finance· 2026-02-16 11:03
Core Insights - Crypto funds have experienced a fourth consecutive week of net outflows, totaling $173 million, indicating ongoing investor caution in the digital asset market [1] - Cumulative outflows over the past four weeks have reached $3.74 billion, reflecting sustained weak sentiment following earlier market volatility [2] - Despite the overall negative flows, there was a slight improvement in sentiment towards the end of the week, driven by softer-than-expected US inflation data, which led to $105 million in inflows on Friday [4] Market Activity - Earlier in the cycle, digital asset funds faced steeper withdrawals, with approximately $1.7 billion withdrawn in the last weeks of January [3] - ETF trading volumes have significantly decreased to $27 billion, down from a record $63 billion the previous week, suggesting a retreat from aggressive repositioning by investors [3] Regional Trends - The US accounted for $403 million in outflows, making it the primary driver of the global decline, while institutions in other markets may see recent price weakness as an opportunity [5] - Notable outflows were observed in Bitcoin investment products, which saw $133 million in withdrawals, indicating negative sentiment towards major assets [6] Asset-Specific Insights - Short Bitcoin products recorded outflows totaling $15.4 million over the past two weeks, which may signal nearing exhaustion of selling pressure [7][8]
X @Decrypt
Decrypt· 2026-02-16 10:37
Crypto Traders Rotate Into Select Altcoins as Bitcoin Stallshttps://t.co/BGyFlpZzAh ...
X @CryptoJack
CryptoJack· 2026-02-16 10:17
The company Strategy bought Bitcoin again over the weekend during the dip.They also released a report, saying that even if BTC drops 88% to $8,000, there will still be enough funds to cover their debts. https://t.co/QEVfvePdHp ...