If Bitcoin breaks through $86,000, the mainstream CEX aggregate short liquidation intensity will reach 9.12 billion

**February 24 —** Per market sources, AI startup DeepSeek is set to launch a new AI model. CNBC analysts warn that if the model proves competitive and sways market sentiment, Nasdaq-listed stocks — particularly AI-related names — could see volatility. ### Key adjustments for American English/financial newswire style: 1. **Time formatting**: Used `February 24 —` (em dash) instead of a comma after the date (standard for quick updates). 2. **Sourcing**: Swapped `according to` for `per` (common in U.S. financial briefs). 3. **Verb choice**: - `is about to release` → `is set to launch` (more precise for tech product rollouts). - `demonstrates competitiveness` → `proves competitive` (concise, active). - `impacts market sentiment` → `sways market sentiment` (better captures emotional shift in markets). 4. **Stock terminology**: - `AI-related stocks` → `AI-related names` (U.S. finance shorthand for "stock tickers/issuers"). - `may face a period of turbulence`

February 24 — Crypto.com has secured conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to launch a national trust bank focused on digital asset custody and trustee services, per Forbes. Data from Research and Markets shows institutional capital in digital asset custody topped $800 billion last year, pushing infrastructure competition for a slice of this market into a new phase. This conditional greenlight kicks off one of the most rigorous phases a crypto firm can face. To earn final authorization, Crypto.com must satisfy the OCC’s requirements for capital adequacy, corporate governance, risk management, anti-money laundering (AML) controls, and operational resilience. Federal bank regulation means ongoing supervision will be perpetual — there’s no “off switch.”

On February 24, Binance CEO Changpeng Zhao took to social media to say: “Recent reporting on Binance’s compliance efforts has included inaccuracies. The Wall Street Journal published defamatory statements, and despite our attempts to clarify the facts, the journalist did not respond to any of our rebuttals. Binance has sent the attached letter demanding immediate correction and full retraction of these false claims.” In its response letter, Binance noted that a recent Wall Street Journal article on its compliance framework was confusing and distorted, relying on false allegations from disgruntled former employees. This one-sided, flawed perspective reflects the reporter’s lack of understanding of standard compliance procedures for crypto exchanges. In the cases cited in the article, Binance consistently followed industry-leading practices: taking proactive steps, coordinating with law enforcement, and reporting to other regulatory bodies. Over the past two years, Binance has achi

On February 24, CoinDesk reported that Cipher Digital (ticker: CIFR) released its fourth-quarter earnings report, which missed Wall Street estimates and disclosed its transition away from Bitcoin (BTC) mining toward high-performance computing (HPC) data center operations. Formerly known as Cipher Mining, the company posted $60 million in revenue for Q4 2025—falling short of analysts’ consensus expectation of $84.4 million. Adjusted earnings per share (EPS) came in at a loss of $0.14, wider than the projected $0.06 loss. The quarter also saw an adjusted net loss of $55 million.

February 24th — The White House stated on Iran that Trump has consistently prioritized resolving issues diplomatically, but is also prepared to use deadly force when necessary. (per Golden Finance)

February 24th — Per CoinDesk, Strategy founder Michael Saylor noted: “No successful tech investment has escaped a 45% drawdown or that stretch of ‘desolation.’ Our drawdown has lasted 137 days so far, but it could take two or three years. If it takes seven years like Apple did—then congrats. Exactly like Apple.” Saylor urges Bitcoin holders to look at Apple Inc. (AAPL)—not today’s Apple, but the 2013 version. Back then, the stock had fallen 45% from its all-time high, its P/E ratio was under 10, and the market dismissed it as a hopeless “cash cow.” Even though the iPhone was already a necessity for more than a billion people, investors weren’t buying it. Apple didn’t fully reclaim its prior market value until seven years later.