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Data: $47.5 Billion in Stablecoins Held on Binance, Representing 65% of All CEX Stablecoin Liquidity

2 hours ago

As of February 17th, CryptoQuant data reveals that despite a slowdown in bear market outflows, $47.5 billion in stablecoins is now concentrated on a single exchange: Binance, which still accounts for 65% of total stablecoin liquidity across all exchange platforms.
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Multiple Executives Exit Gemini Post-IPO, COO, CFO, and CLO Step Down Simultaneously

On February 17, Bloomberg reported that cryptocurrency exchange Gemini has announced the immediate resignations of three executives—Chief Operating Officer Marshall Beard, Chief Financial Officer Dan Chen, and Chief Legal Officer Tyler Meade—months after the company’s IPO. Gemini noted Beard’s departure is not tied to any disagreement with the firm, and he has also stepped down from the board of directors. The company currently has no plans to name a new COO; some of Beard’s responsibilities will be assumed by co-founder Cameron Winklevoss.

16 minutes ago

Spot Gold and Silver Plunge Together, with Silver Experiencing a Sharp 5.00% Intraday Drop

February 17: Per Bitget market data, spot gold dropped below $4,850/oz, marking a 2.80% intraday decline. Spot silver plummeted 5.00% intraday and was last trading at $72.50/oz.

16 minutes ago

Fed's Quarles: More Rate Cuts to Come If Inflation Disappoints

February 17: Fed’s James Bullard says U.S. service sector inflation is “not moderate.” He identifies 3% as a loose target for the neutral rate, adding multiple rate cuts are likely ahead if inflation trends downward.

16 minutes ago

Iranian Foreign Minister: Agreed on Key Principles with the United States

On Feb. 17, the Iranian Foreign Minister said Iran and the U.S. have agreed on core principles. The two sides will draft a potential agreement document and exchange views. (Golden Finance)

16 minutes ago

Strategy current unrealized loss is $5.756 billion, BitMine's unrealized loss is $7.943 billion

On February 17th, Ember Combine released its latest announcement detailing the position profit and loss (P&L) for Strategy and BitMine: - **Strategy (Bitcoin Treasury firm):** Holds 717,131 BTC (valued at $48.765 billion); average cost per BTC = $76,027; unrealized loss = $5.756 billion. - **BitMine (Ethereum Treasury firm):** Holds 4,371,497 ETH (valued at $8.673 billion); average cost per ETH = $3,801; unrealized loss = $7.943 billion.

16 minutes ago

Bitcoin Mining Firm Hive's Revenue Surges 219% YoY, But Records $91 Million Net Loss Due to Accelerated Depreciation

On February 17, Bitcoin mining firm Hive announced its fiscal third quarter ended December 31, 2025, generated $93.1 million in revenue—up 219% year-over-year and 7% quarter-over-quarter. Hive also set a quarterly revenue record in November 2024. Hive attributed the growth to the overall expansion of its Bitcoin mining network and the BUZZ high-performance computing (HPC) platform. However, "accelerated depreciation and non-cash revaluation adjustments tied to its Paraguay expansion" pushed Hive Mining Corporation to a $91.3 million net loss, eroding the gains from its revenue growth.

16 minutes ago