Coinbase Bitcoin Premium has been negative for 34 days, currently standing at -0.0545%.

On February 18th, Glassnode took to social media to note: “BTC’s Realized Cap HODL Waves and the 30-day moving average (MA) of its MVRV Ratio have dropped significantly, absorbing most of the prior profit-taking. However, the metric still sits above historical capitulation levels. This signals that market profit-taking is cooling but hasn’t yet entered a widespread capitulation sell-off phase.”

On February 18, Bitget data shows spot silver hit $77 an ounce, with a 4.75% intraday gain.

**CryptoQuant Analyst: Bitcoin Consolidates as Altcoin Volume Slides** On February 18, CryptoQuant analyst Darkfost stated: “After a sharp correction, Bitcoin is now consolidating between $65,000 and $72,000. This range includes a large number of whales, long-term holders, and even institutional investors. During deep retracements or late bear market phases, investors typically rotate funds back to Bitcoin while cutting altcoin allocations.” Altcoin trading volume has been hit hardest in this correction. On Binance, altcoins’ share of total trading volume dropped to 33.6% by February 13—down from a November peak of 59.2%, with trading activity nearly halved. This pattern has repeated in prior correction phases, including around April 2025, August 2024, and late October 2022 (near the end of the bear market). When market uncertainty rises and pressure mounts, Bitcoin’s trading volume dominance tends to climb. In this environment, investors naturally gravitate toward BTC, furthe

Feb. 18 (CoinDesk) — A survey from crypto tax platform Awaken Tax finds over 50% of U.S. crypto investors are worried about facing IRS penalties this year. New regulations require brokers like Coinbase to report all digital asset transactions to the IRS via Form 1099-DA for 2025, aimed at combating tax evasion. For the first time, the IRS will access exchange internal data and cross-reference it with taxpayer filings. Awaken Tax founder Andrew Duca noted the rule treats crypto assets like stocks, but real-world use is far more complex: Users often transfer assets across multiple wallets, interact with DeFi, and brokers only report sale proceeds (not cost basis), leaving submitted forms incomplete. Taxpayers must supplement cost information using Form 8949. Currently, the crypto tax compliance rate is under 20%.

On February 18, US-listed Hyperscale Data announced a strategic silver reserve plan targeting 100,000 ounces of silver acquisitions over time—part of a long-term effort to strengthen its balance sheet, similar to its Bitcoin holdings strategy. The company’s total Bitcoin holdings now stand at ~600 BTC: 554 held by wholly owned subsidiary Sentinum, and 46 acquired via open market purchases by affiliate ACG.

February 18th — Per Coinbob Popular Address Monitoring (via https://t.me/Coinbob_track_CN), the "neoyokio.eth" whale (0x152) added to its position again last night and this morning. This comes after the whale opened a 2x-leveraged ASTER spot position on January 28th. Currently, its 4x-leveraged ASTER long position has grown to $14.9 million, with an average entry price of $0.6188 and an unrealized profit of ~$1.86 million (50%). It’s now the largest on-chain ASTER long position. The whale’s associated sub-address (0xfb5...) previously held ~$2 million in ASTER long positions but has since closed all of them. It currently holds no relevant positions. This whale also built a $20 million, 1x-leveraged XPL long position at an average price of $0.69 on September 24th — right before XPL’s sharp price surge. It became the largest on-chain XPL long position during XPL’s main uptrend, with a peak unrealized gain of over $16 million. That sparked insider trading suspicions around XPL.