Nifty Gateway to Shut Down in February 2026 as NFT Market Slump Deepens

Nifty Gateway, one of the earliest and most recognizable NFT marketplaces, is set to shut down operations next month, marking another high-profile exit amid the sector’s prolonged downturn. “Today, we are announcing that the Nifty Gateway platform will be closing on February 23, 2026,” the Gemini-owned platform wrote in a Saturday post on X, adding…

Polymarket Odds Of January US Gov’t Shutdown Surge To 77%

Polymarket betters are pricing in a 77% chance that the US government will shut down again before the end of January, marking a 67% increase over the past 24 hours. It comes as the CLARITY Act, a significant crypto bill aimed at providing more clarity around regulations, is still making its way through Congress, with…

Solana’s Onchain Data Signals Bullish Rebound Despite Drop Below $130

Solana (SOL) price dropped below $130 for the first time since Jan. 2 as onchain data suggested a strong recovery could be in the cards for the top-10 altcoin. Key takeaways: SOL dips below $130 amid marketwide pullback, but whales remain confident as they load up more tokens.  SOL exchange supply falls to two-year lows,…

Bitcoin ETFs Lose $1.72B in Five-Day Outflow Streak

US-based spot Bitcoin exchange-traded funds (ETFs) have extended their outflow streak to five days as crypto market sentiment continues to wane. Spot Bitcoin (BTC) ETFs posted $103.5 million in net outflows on Friday, continuing an outflow streak that began the previous Friday. Over the five days, including the four-day trading week in the US shortened…

Stablecoin yield isn’t really about stablecoins

As Congress debates crypto market structure legislation, one issue has emerged as especially contentious: whether stablecoins should be allowed to pay yield. On one side, you have banks fighting to protect their traditional hold over consumer deposits that underpin much of the U.S. economy’s credit system. On the other side, crypto industry players are seeking…

Noble Stablecoin Blockchain Migrates From Cosmos To Ethereum

Noble, a stablecoin blockchain, has announced it is moving from the Cosmos ecosystem to Ethereum, citing the need to access a better tech stack and wider developer community. Noble announced on Tuesday that it will be migrating its Cosmos SDK-based blockchain to a standalone EVM (Ethereum Virtual Machine) layer 1, planning to launch on March…

Stablecoin Yield Bans Under CLARITY Act Could Push Capital Offshore

The proposed restrictions on stablecoin yields under the US CLARITY Act risk driving capital out of regulated markets and into offshore, opaque financial structures. Colin Butler, head of markets at Mega Matrix, said banning compliant stablecoins from offering yield would not protect the US financial system, but instead sideline regulated institutions while accelerating capital migration…

Bitcoin Drops Below $90K On Whale and Long-Term Holder Selling Pressure.

Bitcoin (BTC) slipped below $90,000 during the New York trading session on Tuesday alongside an increase in long-term selling. Large holders also exited their positions, keeping the downside pressure firmly in place. Key takeaways: Bitcoin dips below $90,000 as whales deposit over $400 million to exchanges. Long-term holders accelerate profit-taking, with 68,650 BTC sold over…

PENGUIN Memecoin Climbs to Over $136M Market Cap After White House Post

The Nietzschean Penguin (PENGUIN) token, a memecoin launched on the Solana layer-1 blockchain network, surged by about 564% following a social media post from the United States White House. On Friday, the White House published a social media post on X of US President Donald Trump and a penguin holding hands and walking through the…

BIP-110 Temporary Soft Fork Adopted by Over 2% of Bitcoin Nodes

The number of Bitcoin (BTC) nodes signaling support for Bitcoin Improvement Proposal 110 (BIP-110), a temporary soft fork limiting the amount of data included in each transaction at the consensus level, rose to 2.38%.  583 out of 24,481 nodes are running BIP-110, and the primary node software implementation for running the soft fork proposal is…