Good afternoon,

Bitcoin slipped toward $66,000 after hawkish Fed minutes lifted the dollar and pressured risk assets. WLFI surged more than 20% ahead of the Trump-hosted Mar-a-Lago forum now underway, while Bitwise, Roundhill, and GraniteShares filed election-linked prediction market ETFs. Meanwhile, Ethereum staking has climbed past 30% of total supply even as ETH struggles to gain traction near $2,000.

Let’s unpack this and more! 👇

News Roundup

Artificial Intelligence

  • Adani Commits $100B to AI Data Centers as India Pushes for Bigger Role in Global AI Race (TechCrunch)

  • Meta Builds AI Infrastructure Through NVIDIA Partnership (NVIDIA)

Decentralized, Centralized, & Traditional Finance

  • Quantoz Gains Visa Approval to Issue Stablecoin-Linked Debit Cards in Europe (Cointelegraph)

  • Stripe-Owned Bridge Wins Conditional OCC Approval for National Bank Charter (The Block)

  • Oracle Glitch Leaves Moonwell With $1.78M in Bad Debt After cbETH Mispricing (Decrypt)

  • ECB Targets 2027 Digital Euro Pilot, Provider Selection to Begin in Q1 2026 (Cointelegraph)

  • Brevan Howard’s BH Digital Asset Fund Drops 30% in 2025, Worst Year Since 2021 Launch (The Block)

  • Hyperliquid Foundation Launches DeFi Advocacy Group With HYPE Token Donation (The Block)

  • NYSE President Says Prediction Markets Are Steering Traditional Finance (CoinDesk)

  • SocGen’s FORGE Expands MiCA-Compliant Euro Stablecoin to XRP Ledger (Cointelegraph)

  • Modern Treasury Adds Stablecoin Settlement to ACH and Wire Payment Stack (Cointelegraph)

Exchanges

  • XRP Ledger Rolls Out ‘Permissioned DEX’ for Regulated Institutions (CoinDesk)

  • Kraken Acquires Token Vesting Platform Magna (The Block)

  • Sai Launches Perps DEX With $25K Trading Competition (Decrypt)

  • Coinbase Expands Onchain Loans, Adds XRP, DOGE, ADA and LTC as Collateral (The Block)

Exchange-Traded Funds

  • Bitwise, Roundhill and GraniteShares File Election-Linked Prediction Market ETFs (Decrypt)

  • U.S. Bitcoin spot ETFs recorded a net outflow of $104.87 million on Feb. 17.

  • On Feb. 17, U.S. Ethereum spot ETFs posted $48.63 million in net inflows.

  • U.S. XRP spot ETFs saw no net flows on Feb. 17.

  • On Feb. 17, U.S. Solana spot ETFs logged $2.19 million in net inflows.

  • Ark Invest Buys 41,453 Shares of Coinbase Across Three ETFs (The Block)

  • Sui Spot ETFs Debut as Canary Capital and Grayscale Investments Launch Funds With Staking (The Block)

  • Mystery Hong Kong Firm Revealed as Largest New IBIT Holder With $436M Stake (The Block)

Infrastructure

  • Ethereum Staking Tops 30% of Supply as ETH Price Struggles Near $2K (The Defiant)

  • Phantom Launches MCP Server Enabling AI Agents to Swap and Sign Transactions (Phantom)

  • Coinbase-Incubated Base Network to Move Off Optimism for Unified, Base-Operated Stack (The Block)

Markets

  • Gemini Stock Plunges 14% as Exchange Parts Ways With Three Executives (Decrypt)

  • Bitcoin Open Interest Plunges 55% From $94B Peak in Steepest Drop Since 2023 (Decrypt)

  • WLFI Surges Over 20% Ahead of Trump-Hosted Mar-a-Lago Forum (Decrypt)

  • Bitcoin Slides Toward $66K as Hawkish Fed Minutes Lift Dollar and Pressure Risk Assets (CoinDesk)

Meme Coins

  • Pump.fun Launches “Cashback Coins,” Shifts Rewards From Creators to Traders (Cointelegraph)

Mining

  • HIVE Revenue Jumps 219% as AI Pivot Gains Momentum (Cointelegraph)

  • Bitdeer Overtakes MARA as Largest Public Bitcoin Miner by Self-Mining Hash Rate (Decrypt)

Politics & Regulation

  • Federal Appeals Court Rejects Kalshi’s Emergency Stay to Pause Nevada Enforcement (Decrypt)

  • Lagarde Early Exit Report Clouds ECB Succession and Digital Euro Timeline (Cointelegraph)

  • California Requires Crypto Firms Obtain or Apply for DFAL License by July 1, 2026 (Decrypt)

  • Digital Chamber Launches Prediction Markets Working Group, Seeks CFTC Clarity (Cointelegraph)

  • Coin Center Presses Senate to Protect Crypto Developers From Prosecution (Cointelegraph)

Treasuries & Reserves

  • Peter Thiel and Founders Fund Exit Ether Treasury Firm ETHZilla (Bloomberg)

  • AlphaTON Agrees to Sell Cancer Subsidiary as It Deepens Toncoin Focus (The Block)

  • Hyperscale Data Unveils Silver Reserve Plan Targeting 100,000 Ounces (PR News)

Venture Capital

  • Novig Raises $75M Series B to Expand Sports-Focused Prediction Market (Fortune)

  • HUMAIN Invests $3B in xAI Series E Round Ahead of SpaceX Merger (PR Newswire)

  • Nvidia Partners With Top Indian VCs to Back Next Wave of AI Startups (CNBC)

Other News

  • U.S. Crypto Holders are Scared and Confused Over New IRS Tax Rules (CoinDesk)

  • Goldman Sachs CEO David Solomon Says He Owns ‘Very Little’ Bitcoin (CoinDesk)

  • Social Engineering Drove 65% of Crypto Cases Probed by AMLBot in 2025 (Cointelegraph)

Check This Out!

According to Grayscale, Bitcoin’s recent pullback mirrored declines in high-growth U.S. tech stocks, suggesting the move was driven by broader risk-off sentiment rather than crypto-specific factors.

Meme of the Day

Source: naiivememe

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