Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

**WLFI Proposes Governance Staking System to Boost Participation** On February 26, WLFI rolled out a governance staking system aimed at getting more users involved in governance. Under the proposal, future governance voting with unlocked WLFI tokens will require staking—with a minimum 180-day lock-up period. The system features a tiered node structure: - Regular stakers will earn roughly a 2% annualized reward. - Users staking 10 million WLFI (about $1 million) will qualify as nodes, gaining the perk of exchanging stablecoins like USDT and USDC at a 1:1 rate for USD 1. - Those staking 50 million WLFI (about $5 million) will become super nodes, with direct collaboration opportunities with the WLFI team. The proposal needs at least 1 billion WLFI in votes to be valid, and voting will last 7 days. If approved, implementation will happen in three phases.

February 26 — Binance has officially launched five new verified WhatsApp channels, per an official announcement. The channels cover Mandarin Chinese, Africa, Arabic, Argentina, and Brazil, and support only one-way communication. They are Binance’s sole official channels for engaging with users on WhatsApp across Africa, the Middle East and North Africa (MENA), Latin America, and non-mainland Chinese-speaking communities.

February 26: Hut 8 released its full-year 2025 financial results, reporting a net loss of $248 million—compared to a net profit of $331.4 million in the same period of 2024. The company cited unrealized digital asset losses of approximately $220 million as the primary driver of its performance pressure. Revenue for the period rose to $2.351 billion, up from $1.624 billion in 2024. Hut 8 also highlighted its transition from a Bitcoin mining firm to a power and AI infrastructure developer. In 2025, it inked a 15-year AI leasing agreement with Google-backed financing, with a base contract value of roughly $7 billion. The company expects its development pipeline to reach 8.5 gigawatts by the end of 2025. (Source: The Block)

February 26 – Per The Kobeissi Letter, the Nasdaq 100’s put/call ratio has climbed to 1.2, marking its highest level since the 2022 bear market trough. The reading surpasses the April 2025 peak and all other metrics in the past 12 years (excluding 2022, when it hit 2.3), signaling investors are hedging against tech stocks. Additionally, the S&P 500’s total put/call ratio has risen to 0.9, its highest since April 2025. This aligns with levels seen during 3-5% market pullbacks since early 2024. Separately, dollar-denominated put option trading volume relative to calls is the second-largest increase in nearly two years, trailing only levels observed ahead of April 2025.

On February 26th, ZeroHedge—citing data from the Bloomberg Terminal—reported that Jane Street set a Q4 record by increasing its holdings in the iShares Silver Trust ETF (SLV) by 20.6 million shares, becoming the ETF’s largest holder. ZeroHedge is warning investors to watch for potential financial engineering and market manipulation behind the recent silver surge.