Recent News on Cryptocurrency, Blockchain, and Finance | Yellow

Hedge funds cut Bitcoin ETF exposure by 28% as the basis trade lost profitability, but experts say the move reflects macro-driven deleveraging and a shift toward long-term institutional capital, not fading confidence in crypto.

Coinbase lists ETHGas (GWEI) for spot trading Feb. 24. The Ethereum blockspace protocol has a $53M market cap and raised $12M from Polychain.

An Arkham-tagged early Bitcoin wallet has steadily transferred ~9,000 BTC to Coinbase in weeks, cutting its holdings from ~11,000 to ~2,000 BTC.

Bitcoin is down 23% in 2026's first 50 days - its weakest start on record, with a first-ever back-to-back Jan-Feb loss in sight.

Bitmine now holds 4.42M ETH worth ~$8.7B, but BMNR shares are down 57% in six months as it continues buying through Ethereum's selloff.

Crypto.com received OCC conditional approval for a national trust bank charter, joining Circle, Ripple, BitGo and Paxos in pursuing federal banking status.

WLFI dropped 8% after Eric Trump deleted a retweet. The project blamed a coordinated attack - but independent evidence is absent.

Changpeng Zhao made his first US appearance since prison at Trump's WLFI forum, touting Binance.US expansion and calling a banking charter "totally possible."

Bitcoin trades in a tight range as macro policy uncertainty caps upside, even as corporate accumulation, ETF flows and stablecoin growth deepen institutional integration into crypto markets.

Stablecoin reserve growth could create nearly $1 trillion in excess demand for U.S. Treasury bills, giving Washington room to reduce long-dated bond issuance and reshaping the global rates market, according to Standard Chartered.