Ethereum Gas Fee Continues to Drop, Now at 0.352 Gwei

February 19 — Binance Wallet announced in an official statement that users can claim its Alpha airdrop starting at 18:00 UTC today. The airdrop follows an “Alpha Blind Box” model, with the reward pool including tokens from multiple projects. Users need at least 242 Binance Alpha Points to qualify for the token reward. Rewards are distributed on a first-come, first-served basis. If rewards aren’t fully claimed, the points threshold will automatically drop by 5 every five minutes.

On February 19, cryptocurrency market analyst Axel took to social media to note that data from the past week has laid bare a widening gap between the institutional demand narrative and actual fund flows. ETF inflow momentum remains erratic, while exchange net flows have stayed positive—meaning tokens are moving into exchanges, not out. Over the past seven days, U.S. spot Bitcoin ETFs saw a total net outflow of 11,042 BTC, with net inflows recorded on just two trading days. On February 12, a single-day outflow hit 6,120 BTC (roughly $416 million)—the largest of the period. Consecutive outflows of 1,520 BTC and 1,980 BTC followed on February 17 and 18, signaling institutional accumulation momentum has yet to materialize. Meanwhile, exchange supply continues to climb. Since early February, exchange net flows have stayed positive, ranging from +391 BTC to +841 BTC over the past week. Today’s reading stands at +553 BTC, extending a two-week streak of positive inflows—this starkly cont

**February 19 Update** Senator Elizabeth Warren—a senior member of the Senate Banking Committee—has sent a letter to Treasury Secretary Scott Benett and Federal Reserve Chair Jerome Powell urging the administration not to use taxpayer dollars to bail out the cryptocurrency industry. In the letter, Warren warned any form of assistance would amount to “transferring wealth from American taxpayers to cryptocurrency billionaires”—a move she called not only “extremely unpopular” but also one that could directly benefit former President Donald Trump and his family’s crypto project, World Liberty Financial. The letter arrives as Bitcoin has plunged more than 50% from its all-time high and hit a local low of $60,000. On the same day, World Liberty Financial hosted the inaugural “World Freedom Forum” at Mar-a-Lago, drawing crypto industry executives and crypto-friendly policymakers. Warren also referenced the Financial Stability Oversight Council’s February 4 hearing, noting Benett h

As of February 19, Arkham data indicates the United Arab Emirates (UAE) has mined a total of $453.6 million worth of Bitcoin to date through its partnership with mining firm Citadel. The UAE is known to have retained the majority of its mined Bitcoin, with the last recorded outflow occurring four months ago. After accounting for energy costs, the country currently holds a $344 million profit from its Bitcoin holdings.

Per Farside Investors data (Feb. 19th), U.S. Bitcoin spot ETFs posted a net outflow of $133.3M yesterday, with: - BlackRock’s IBIT: -$84.2M - Fidelity’s FBTC: -$49.1M Separately, U.S. Ethereum spot ETFs recorded $41.8M in net outflows yesterday, including: - BlackRock’s ETHA: -$29.9M - Fidelity’s FETH: -$8.2M - ProShares’ QETH: -$3.7M ### Notes on American language habits reflected: 1. **Conciseness**: Uses "$X.XM" (million abbreviation) and short verbs ("posted", "recorded") common in financial alerts. 2. **Clarity**: Employs brand possessives ("BlackRock’s IBIT") to link issuers to their ETFs; lists key data with bullet points for readability. 3. **Flow**: Uses "Separately" (instead of "In addition") to transition between asset classes smoothly, a standard practice in U.S. financial news. 4. **Date formatting**: Abbreviates "February" to "Feb." and places dates in parentheses for brevity. 5. **Plurality**: Uses "ETFs" (plural) since multiple funds are refer

As of February 19, Arkham data shows Michael Saylor has accumulated $54.52 billion in Bitcoin purchases over five and a half years of continuous buying, with an average holding cost of $76,027. Currently, Bitcoin’s price is 12.4% below that average, leaving Saylor with an unrealized loss of $6.7 billion.