Crypto losses surge 20x in February to over $1.5b, data shows

Bitcoin and other crypto prices dropped on Monday as risk-off sentiment spread across the financial market. Bitcoin (BTC) fell to $102,870 after trading near the $106,000 level on Sunday. Ethereum (ETH) declined to $2,400, while the total market capitalization of all cryptocurrencies dropped by 1.67% to $3.25 trillion. The selling pressure mirrored the broader financial market, with futures tied to the Nasdaq 100, Russell 2000, and S&P 500 all down over 1%. Dow Jones futures slipped by 0.70%. Bitcoin, Ethereum, and Solana prices chart | Source: crypto.news Bitcoin and crypto prices fell after Moody’s US downgrade Stocks and crypto fell as investors reacted to Moody’s decision to downgrade the US credit rating. In a statement on Friday, the agency warned that the country’s fiscal outlook was deteriorating. The US Debt Clock shows the national debt has risen to over $36.8 trillion, up from $21 trillion in 2020. That figure is expected to rise further following a new agreement in the House on the so-called Big, Beautiful Bill. You might also like:Bitcoin’s institutionalization puts brakes on wild rallies, analyst says The bill includes tax cuts estimated to cost between $4.5 trillion and $5 trillion over the next decade, partially offset by projected spending cuts of $1.5 trillion to $2 trillion. Historically, markets have reacted negatively to credit rating downgrades of major economies. Stocks and cryptocurrencies declined on August 1, 2023, when Fitch downgraded the U.S. from AAA to AA+. A similar move occurred on August 5–6, 2011, when S&P Global made the same downgrade. Some analysts, however, downplayed the impact of Moody’s decision. In a post on X, Jim Bianco called the downgrade a “nothingburger.” Why the Moody’s downgrade of the US SHOULD BE a nothingburger—-In August 2011, S&P went first and downgraded the US from AAA to AA+. All hell broke loose.The reason hell broke loose was a lot of derivative contract, loan agreements, investment directives and the like… https://t.co/YLq29uKcyZ— Jim Bianco (@biancoresearch) May 16, 2025 In theory, the deteriorating US public finances is a bullish catalyst for Bitcoin, an asset that is slowly becoming a safe-haven asset. In a lengthy white-paper, BlackRock argued that Bitcoin was becoming a good asset to hedge against the soaring US debt and the rising risk of a default.  BlackRock noted that Bitcoin was a “scarce, non-sovereign, decentralized asset with a limited supply.”  Since that paper’s release, Bitcoin’s fundamentals have improved. Supply on exchanges and in over-the-counter markets has dropped to multi-year lows, while demand via exchange-traded funds has surged. Cumulative inflows into spot Bitcoin funds have surpassed $41 billion. More companies are also adding Bitcoin to their treasuries. Therefore, Bitcoin and crypto prices will likely bounce back from this panic. For example, most altcoins have rallied in the past few weeks as the Liberation Day tariffs fears eased. You might also like:Bitcoin stalls, but chart watchers eye $300,000 peak: Here’s when

Ethereum has surged 20% in the past 24 hours, trading at $2,209 as of press time, in one of its sharpest short-term moves this year. The rally was backed by a sharp rise in trading activity, especially in the derivatives market, whose volume jumped 184%, as per Coinglass data. Open interest in Ethereum (ETH) futures has climbed 20% in the past 24 hours, signaling a wave of fresh capital entering the market. Rising open interest alongside price usually points to the start of a new trend, as traders build long positions rather than simply covering shorts. Meanwhile, more than $265 million in short positions were liquidated, adding fuel to the upward momentum. Even though Ethereum has risen 54% in the last month, it’s down 26% so far this year, but there’s still potential for a recovery if momentum continues.  The rally coincides with the ongoing decline in the ETH/BTC Market Value to Realized Value ratio. On a May 8 post on X, analysts at CryptoQuant noted that, based on this ratio, Ethereum is now at its most undervalued level relative to Bitcoin (BTC) since 2019.  ETH is now extremely undervalued compared to BTC, the first time since 2019.Historically, this led to Ethereum outperforming.However, supply pressure, weak demand, and flat activity could stall a rebound. pic.twitter.com/QqU2Xh3vo9— CryptoQuant.com (@cryptoquant_com) May 8, 2025 You might also like:Ethereum’s Pectra upgrade is a game changer, staking infrastructure firm P2P.org explains The MVRV ratio indicates whether an asset is overvalued or undervalued by comparing its market cap to its realized capitalization, or the average price at which tokens last moved. Currently, the ETH/BTC MVRV ratio has fallen into a historically low range of 0.4–0.8, levels last seen in 2019. In past cycles, such undervaluation zones preceded prolonged ETH outperformance against BTC, including in 2017, 2019, and 2021. Although the signal appears bullish on paper, macro and on-chain data indicate Ethereum might not be able to easily repeat its past. The current cycle is marked by stagnant network activity, rising token supply, and underperforming ETFs, all of which have a significant effect on ETH’s potential price.  Ethereum’s circulating supply recently hit an all-time high, reversing the previous deflationary trend. Lower mainnet fees and a decline in ETH burns have altered its supply dynamics since EIP-1559. Active addresses are also flat, and decentralized finance activity has leveled off. Even institutional flows appear muted, with major Ethereum ETFs like Grayscale’s ETHE seeing billions in outflows. Although the ETH/BTC MVRV appears to be flashing a bottom at the moment, it is unclear if this will signal another altseason led by Ethereum. Ethereum may require a fresh catalyst, such as the approval of staking in ETH ETFs or renewed DeFi interest, to sustain its momentum. Read more:Ethereum’s stablecoin market cap jumps 1m-fold since the first time ETH reached $1,4k

Socios.com 背后的区块链平台 Chiliz 继续重新定义加密货币和体育产业之间的关系。 目前，该平台已获得 20 亿 Chiliz（CHZ）代币质押和马耳他金融服务管理局的监管批准，巩固了其在基于区块链的粉丝参与领域的领先地位。 在接受 crypto.news 的独家采访时，Chiliz（CHZ）首席战略官 Max Rabinovitch 讨论了该平台的质押模型的关键方面、其对 AI 的创新方法，以及将这些技术集成到更广泛的区块链生态系统中所面临的挑战。 这些见解涉及监管审查的影响，包括美国证券交易委员会对其针对 ConsenSys 的诉讼的重新考虑，以及它如何为 Chiliz 等平台树立先例。 他还解释了质押的核心原则以及 Chiliz 独特的验证机制如何帮助塑造去中心化体育参与的未来。 下面，Rabinovitch 分享了他对质押的看法以及 Chiliz 下一步的计划，因为它在连接区块链和体育界方面处于领先地位。 你可能还喜欢：Redstone 宣布预言机支持 World Chain，RED 代币首次亮相盘前交易 您认为 SEC 重新考虑对 ConsenSys 的诉讼会为未来涉及质押平台的案件树立先例吗？这会对 Chiliz 产生什么影响？ “在 Chiliz，我们积极与欧洲监管机构合作，为加密服务提供商制定明确的发展道路，包括今年获得马耳他金融服务管理局的监管批准。作为体育区块链领域的全球领导者，我们欢迎监管机构采取合作方式；我们相信，这种方法有助于建立一个框架，使我们这样的平台能够在这些司法管辖区继续蓬勃发展并充满信心地创新。” 你可能还喜欢：以太坊价格二月份大幅下跌，打破六年走势 您能解释一下 Staking 的核心原则及其在加密货币生态系统中的重要性吗？ “通过质押让用户参与是任何区块链的支柱，其中代币被锁定以保护网络，而作为回报，用户会得到奖励。这关乎积极参与保护和发展区块链本身。对于整个加密生态系统而言，质押代表着信任、流动性和对可持续、去中心化未来的深化承诺。它变得至关重要，不仅是为了赚取被动收入，而且是为了塑造未来数字经济的基础设施。” Chiliz 的质押机制与其他平台有何不同？ “Chiliz 正在重新定义质押，尤其是在体育和娱乐领域。我们专门为全球体育行业创建了一个验证器机制。任何拥有 CHZ 的人都可以将他们的代币委托给我们的任何一位验证器，这些验证器包括巴黎圣日耳曼和 K 联赛等主要体育品牌、法国电力能源等企业集团，以及 OKX 和 Animoca Brands 等传统加密实体。这是一个成功的公式，确保我们的平台不仅安全，而且蓬勃发展，忠实的用户、热情的开发人员和现实世界的合作伙伴关系推动着生态系统的发展。” 你可能还喜欢：德克萨斯州参议院考虑比特币储备法 人工智能如何被用来个性化权益奖励并增强 Chiliz 平台上的用户体验？ “AI 有可能改变我们在 Chiliz 处理参与和开发的方式。例如，AI 可以根据个人活动量身定制质押奖励，让每个用户都感觉自己是某个独特事物的一部分。此外，AI 可以帮助重新定义区块链开发者的含义，降低创始人的技术门槛，并基本上完成大量复杂且技术性的工作，以实现创意。这是我们在过去 12 个月中发现的一个令人兴奋的趋势，我们猜测 2025 年将是 AI 和区块链在产品开发方面融合的一年。” 您预见到将人工智能融入权益平台会面临哪些挑战？ “人工智能在质押方面面临的最大挑战是在自动化和用户控制之间取得适当的平衡。我们希望人工智能能够增强体验，同时又不影响我们平台独特的个性化体验。另一个挑战是确保人工智能驱动决策中的数据隐私和透明度。然而，有了正确的基础设施和重点，我们相信我们可以克服这些障碍，创造一个创新蓬勃发展的质押环境，同时让我们的用户完全掌控一切。” 目前 CHZ 代币已被质押 20 亿，这一里程碑表明社区对该平台的可信度和安全性具有怎样的信任？ “达到 20 亿 CHZ 质押量，是对 Chiliz 可信度的明确认可。当用户锁定如此多的价值时，这表明他们对平台的安全性和长期潜力有着极大的信任。这一里程碑证明人们相信我们正在构建的东西，而这种信念将推动我们进入下一阶段的增长。它向世界展示了 Chiliz 是一个能够兑现承诺的平台：安全、创新和对现实世界的影响。” SEC 及其加密货币小组似乎对质押很感兴趣。您认为这会对质押产生什么影响？您的平台如何？您希望 SEC 针对质押采取哪些举措？ “监管机构对质押的关注度不断提高，表明该行业正在走向成熟，监管机构也越来越关注该行业的发展情况。如果能够合作，这种关注将为生态系统带来稳定和信心。对于 Chiliz 这样的平台来说，这是一个展示我们如何优先考虑合规性和安全性的机会。我们希望看到全球监管机构制定明确、公平的指导方针，在保护用户的同时促进创新。一个监管良好的环境将开启新一轮增长，确保从开发者到粉丝，每个人都可以访问和信任质押。” 你可能还喜欢：DekaBank 和 Boerse Stuttgart Digital 为机构提供受监管的加密货币交易

KULR Technology Group has deepened its Bitcoin commitment, purchasing 42 additional BTC and bringing its total holdings to 716.2 BTC, the company announced.  The energy storage and management firm said it has spent approximately $69 million acquiring Bitcoin (BTC) at an average price of $96,342 per BTC. The latest investment follows KULR’s December 2024 announcement that it would allocate up to 90% of its surplus cash to Bitcoin.  At the time, the company held around $12 million in cash reserves and cited financial resilience and global Bitcoin adoption as core drivers behind the strategy. You might also like:New Hampshire becomes first state to authorize Bitcoin and crypto investments Global acceptance of Bitcoin  CEO Michael Mo previously said the move is part of a broader effort to integrate emerging financial technologies into KULR’s operations. “We believe the growing global acceptance of Bitcoin is still in its early stages,” Mo stated, pointing to governments, companies, and capital markets increasingly embracing blockchain and crypto assets. This news comes as New Hampshire became the first U.S. state to authorize its treasurer to invest public funds in Bitcoin and other digital assets.  Governor Kelly Ayotte signed a bill allowing up to 10% of state funds to be allocated to assets like Bitcoin, provided they meet strict criteria including a $500 billion market cap threshold. KULR also reported a 197.5% BTC yield at the time, a proprietary metric tracking the percentage change in its Bitcoin holdings relative to fully diluted shares.. You might also like:Never sell your Bitcoin, maxis say. Then why are they so fixated on Bitcoin’s price?

Custodia Bank 创始人凯特琳·朗希望新的诉讼能够揭露前总统乔·拜登执政期间银行业务的更多细节。 特朗普集团起诉了第一资本银行 (Capital One Bank)，指控其在 2021 年“无故”关闭了 300 多个银行账户，而科技大佬和加密货币领袖则对前几届政府时期的银行去中心化危机表示遗憾。 今天，特朗普集团在迈阿密戴德县对@CapitalOne 提起诉讼，要求该银行对其 2021 年无故终止该公司 300 多个银行账户的恶劣行为负责。 第一资本银行决定“去银行化”……— Eric Trump (@EricTrump) 2025 年 3 月 7 日 Long 的 Custodia Bank 和其他顶级加密货币专家，例如 Castle Island Ventures 合伙人 Nic Carter，经常提到 Operation Choke Point 2.0，这是由联邦存款保险公司等监管机构协调的秘密行动，旨在阻止数字资产公司提供银行服务。 硅谷企业对类似情况表示谴责，称这种模式是政治针对和针对某些科技型公司的战争。 “Capital One 和其他大型金融机构采取的行动代表了一个危险的先例，可能威胁到全国无数企业的运营，特别是那些拥有强大和独立声音的企业。” 埃里克·特朗普关于 Capital One 诉讼 特朗普组织提起诉讼之际，科技企业家和加密货币大佬们正在寻求有关去银行化的答案。立法者至少就此事举行了一次听证会，美联储主席杰罗姆·鲍威尔承诺将协助反去银行化运动。 你可能还喜欢：美联储主席鲍威尔同意帮助结束加密货币去银行化 怀俄明州共和党参议员辛西娅·卢米斯 (Cynthia Lummis) 威胁对 FDIC 工作人员进行联邦起诉，据报道，他们销毁了与 OCP 2.0 和银行业务相关的证据。 尽管 Capital One 的诉讼似乎与加密货币没有直接关联，但 Long 认为此举可能揭露美国银行监管机构更广泛的不当行为。 到目前为止，加密货币去银行调查主要集中在受联邦存款保险公司 (FDIC) 和美联储监管的机构。Long 在 X 上回应 Capital One 的投诉时辩称，特朗普组织的诉讼可能会扩大范围，包括货币监理署的潜在恶意监督。 特朗普起诉的银行是一家受美国货币监理署监管的银行，其控股公司受美联储监管。到目前为止，大多数公开的 #debanking 信息来自联邦存款保险公司和美联储（通过 FOIA 和诉讼），但如果这起新的诉讼被揭露，那么美国货币监理署的去银行化信息也可能会被曝光。🍿— Caitlin Long 🔑⚡️🟠 (@CaitlinLong_) 2025 年 3 月 7 日 阅读更多：FDIC 发布与加密货币去银行相关的文件