Investigation Reveals Insider Profit in ZachXBT Polymarket Bets
An investigation into the ZachXBT insider probe event on Polymarket shows over 3,630 addresses bet on the 'Axiom' market. Approximately 56.2% of these addresses turned a profit, with insiders topping the leaderboard. Eight of the top 10 most profitable addresses are linked to insiders, amassing more than $1.2 million in combined gains.
BTC Perpetual Futures Show Slight Short Bias Across Top Exchanges
BTC perpetual futures on the top three crypto futures exchanges show a marginally higher percentage of short positions compared to long positions over the last 24 hours. Overall, short positions account for a little over 51%, with Binance, OKX, and Bybit all reflecting similar short biases. The data indicates a cautious or bearish sentiment among traders holding BTC perpetual contracts.
[IMPORTANT] Axiom Employees Allegedly Exploited Insider Trading Report on Polymarket for $1M Profits
Axiom employees reportedly used insider knowledge about a forthcoming report on insider trading to place profitable bets on Polymarket, a Solana-based prediction platform. On-chain analyst ZachXBT identified large bets from 12 wallets, resulting in approximately $1 million in combined profits just before the report’s release. The insider leak raises concerns about market integrity and the potential for similar abuses in decentralized prediction markets.
[IMPORTANT] Wikipedia Co-Founder Jimmy Wales Predicts Bitcoin Could Fall Below $10,000 by 2050, C...
Wikipedia co-founder Jimmy Wales predicts Bitcoin will survive as a network but fail as a currency or store of value, potentially dropping below $10,000 by 2050. He emphasizes Bitcoin's limited adoption and volatility, dismissing its likelihood to become a dominant money form or safe haven asset. While some analysts echo the bearish sentiment, others warn against overreacting to price dips, leaving Bitcoin's long-term role uncertain.
Santiment highlights that the number of Bitcoin wallets holding at least 100 BTC has surpassed 20,000, primarily owned by institutions, funds, and long-term holders. This growth suggests an accumulation phase where wealth is shifting from retail investors to stronger large holders, which historically precedes price recoveries. However, total supply concentration among these wallets has not significantly increased yet, which has kept Bitcoin prices subdued.
Senator Warren Challenges OCC on Controversial Crypto Bank Application Linked to WLFI and UAE Inv...
U.S. Senator Elizabeth Warren criticized the Acting Comptroller of the Currency, Jonathan Gould, over the World Liberty Financial (WLFI) national trust bank charter application amid concerns of presidential corruption due to a significant UAE-linked investment. Warren accused the investment involving Sheikh Tahnoon bin Zayed Al Nahyan of being a scandal tied to the Trump family and urged the OCC to halt or reject the application. Gould defended the integrity of the review process, emphasizing that political pressure is inappropriate and that the application will follow standard procedures despite the controversy.
Binance CEO CZ Unfollows Cathie Wood After Her Comments Blaming Crypto Dip on Binance Glitch
Binance CEO Changpeng Zhao (CZ) has unfollowed Cathie Wood on X (formerly Twitter). Wood previously attributed the Bitcoin market downturn in recent months to a $28 billion deleveraging event triggered by Binance's outage on October 11. This event is believed to have caused significant market instability affecting Bitcoin prices.
Matrixport highlights that Bitcoin's recent low volatility masks significant underlying changes in market structure, driven by a $2.5 billion gamma exposure nearing monthly expiry. Since the peak, $26.7 billion has been withdrawn from the market, signaling a nearing positional reset with decreasing liquidity playing an increasingly dominant role. The report stresses that future price movements will depend less on options mechanics and more on market liquidity conditions during this critical phase.
South Korea Sees 55-Fold Surge in Crypto Consumer Complaints in January
Consumer complaints related to cryptocurrency in South Korea surged dramatically in January, increasing 55.5 times compared to the same month last year. The Korea Consumer Agency reported a 30.2-fold rise from December to January, marking the largest monthly increase among all product categories. The spike was linked to changes in promotional event conditions by a virtual asset platform that affected API trading integration support funds.
Polymarket Traders Accused of Insider Trading Profiting Over $1 Million Before Investigation Reveal
At least 12 cryptocurrency wallets reportedly profited over $1 million by betting on the outcome of ZachXBT's investigation prior to public disclosure. One trader notably turned an average entry of $0.14 into $411,000 in gains. This raises concerns about insider trading on Polymarket markets designed to detect such illicit activities.
[IMPORTANT] Spot Bitcoin and Ethereum ETFs Experience Three Consecutive Days of Net Inflows, High...
On February 26, spot Bitcoin ETFs reported a net inflow of $254 million, marking three consecutive days of sustained inflows. Spot Ethereum ETFs also continued their positive trend with a net inflow of $6.57 million over the same period. These inflows underscore increasing institutional and retail investor demand for cryptocurrency exposure via ETFs.
[IMPORTANT] Senator Warren Challenges OCC Over Trump-Backed Crypto Bank Charter Amid Foreign Inve...
Senator Elizabeth Warren criticized the OCC chief Jonathan Gould for continuing to process a bank charter application from World Liberty Financial, a crypto company linked to former President Trump. Warren raised concerns over the UAE's $500 million stake in the firm and potential conflicts of interest, urging the OCC to halt or reject the application. The situation has sparked political controversy due to allegations of foreign influence and unresolved financial conflicts tied to the former president.
UniSat Commits to Expand Bitcoin Mainnet Infrastructure with Focus on Ordinals, Runes, and BRC-20...
UniSat announced plans to deepen its investment and development within the Bitcoin mainnet ecosystem, particularly supporting Ordinals, Runes, and BRC-20 tokens. Key initiatives include zero marketplace service fees starting March 2026, expanding early access for UniHexa's on-chain swap services, and upgrading their API with commercial-grade capabilities. Additionally, UniSat intends to acquire at least 500,000 FB tokens to engage with the upcoming Fractal indexing service scheduled for Q2.
[IMPORTANT] Bitcoin Spot ETFs Experience $254 Million Net Inflow Over Three Consecutive Days, Led...
Bitcoin spot ETFs saw a collective net inflow of $254 million on February 26, marking three days of consecutive inflows. BlackRock's IBIT ETF led with a $276 million single-day net inflow, bringing its cumulative inflow to over $61 billion. The total assets under management in Bitcoin spot ETFs reached nearly $86 billion, representing 6.38% of Bitcoin's total market capitalization.
[IMPORTANT] Ethereum Spot ETFs Attract $6.57M Inflows, Marking Third Day of Growth
Ethereum spot ETFs experienced a total net inflow of $6.5742 million on February 26, sustaining a three-day streak of inflows. BlackRock's ETHA led inflows with $15.34 million on the day and has amassed $11.876 billion historically. The total net asset value of Ethereum spot ETFs reached $11.599 billion, representing 4.75% of Ethereum's market capitalization.
Binance Wallet Launches Sentio (ST) Booster and Pre-TGE with Token Lock-Up
Binance Wallet announced the launch of the Sentio (ST) Booster starting February 27, distributing 25 million ST tokens through a phased airdrop requiring Alpha points. A Pre-TGE subscription allows participants to contribute up to 3 BNB each. ST tokens will remain locked and are not yet tradable until the project's unlock phase.
Ripple Unveils Decentralized Funding Model for XRP Ledger in 2026 to Boost Ecosystem Growth
Ripple plans to expand and decentralize funding for the XRP Ledger ecosystem starting in 2026, shifting towards distributed and community-led support channels. New initiatives include XAO DAO, XRPL Commons, regional expansions like XRP Asia, and institutional programs to nurture developer and startup growth. Despite these developments, XRP's short-term price remains influenced by broader market factors, with significant long-term impact hinging on increased on-chain activity and adoption.
[IMPORTANT] Morgan Stanley Plans Comprehensive Bitcoin Services Including Custody, Lending, and Y...
Morgan Stanley is developing full-stack digital asset services to include Bitcoin custody, trading, lending, and yield-generation. The bank aims to provide regulated access for retail, high-net-worth, and institutional clients, signaling Bitcoin's growing role in traditional finance. This move aligns with a broader trend among major financial institutions expanding crypto offerings and portfolio allocations for Bitcoin.
[WICHTIG] Februars $8.72 Milliarden Bitcoin- und Ethereum-Optionen Verfall weckt Volatilität und Unc...
Der Februar sieht $8.72 Milliarden an Bitcoin- und Ethereum-Optionen, die verfallen, wobei Bitcoin die größte Exposition mit $7.74 Milliarden hält. Beide Kryptowährungen handeln unter ihren 'maximalen Schmerz'-Niveaus, was auf einen möglichen Preisanstieg in Richtung dieser Ausübungspreise während des Verfalls hinweist. Trotz nachlassender Angst und Volatilitätsspitzen bleibt das Marktvertrauen angesichts begrenzter frischer Kapitalzuflüsse und bärischer Stimmung fragil.
Bitcoin erlebte am Freitag einen Rückgang, der durch anhaltende Risikoaversion auf den Märkten verursacht wurde. Analysten glauben, dass dieser Rückgang hauptsächlich auf eine Hebelauflösung und Repositionierung zurückzuführen ist, anstatt auf den Beginn eines strukturellen Abwärtstrends. Trotz des Rückzugs hielten die großen Kryptowährungen ihre wöchentlichen Gewinne.
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