Bank of America: Gold Price Expected to Reach $6,000/oz in the Next 12 Months

On February 26, AI search platform Perplexity AI launched its new flagship product, Perplexity Computer—an AI capability orchestration platform. The tool supports end-to-end research, design, coding, deployment, and management for any project. It can simultaneously schedule up to 19 distinct AI models, with the system intelligently routing each subtask to the optimal model for parallel execution.

On February 26, a BTC perpetual contract on Lighter (a perp DEX) saw an unusual wick, briefly dipping to $47,510. Lighter officials noted in its Discord channel that a whale executed a large 1,000 BTC market sell order directly on the platform’s order book. Given Lighter’s limited liquidity, the order wiped out all available buy orders, pushing prices down to roughly $47k before an immediate rebound. This was not a platform vulnerability, hack, or manipulation—rather, it aligned with standard order book mechanics. Liquidations are tied to the mark price, not a single trade’s candle, so stop-losses near this level may or may not have been triggered.

Feb. 26 — Bitcoin surpassed $68,000, up 6.2% over the past 24 hours, per HTX market data.

February 26: Prediction market Kalshi has issued its first insider trading enforcement action, fining a video editor for popular YouTuber MrBeast. Artem Kaptur, the editor, leveraged his role to access nonpublic information about MrBeast’s channel and trade related event contracts on the platform. He faces a 2-year ban from Kalshi and a $20,397.58 fine—including $5,397.58 in confiscated illegal profits and a $15,000 additional penalty.

February 26: Stripe co-founder and president John Collison said in a recent interview that as AI agents become independent economic entities over time, the global financial infrastructure will need a fundamental overhaul to meet "machine-to-machine (M2M)" payment demands. While this trend is widely discussed, large-scale transactions of this kind haven’t emerged yet—but that day is near. Stripe expects to see meaningful agent-to-agent transaction volume this year, and a top priority now is building systems tailored specifically for AI agent transactions. Collison added that Stripe’s heavy bet on USDC also ties into this trend. Stripe co-created the new blockchain Tempo with crypto investment firm Paradigm because the future requires an extremely scalable blockchain—existing chains fall short due to technical trade-offs. Tempo is built from scratch for high scalability. “This capability is critical for humans, but even more so for AI agents,” Collison noted. “Tempo is thus one of our

Feb 25th — Hyperliquid’s largest ETH long position holder added another 15,000 ETH to its position this morning, per EmberCN monitoring. The entity now holds a total of 120,000 ETH in long positions, with a combined value of $230 million. Its unrealized loss has narrowed to $10.35 million. Breakdown of the two addresses: - Address 1: Holds 70,000 ETH in long positions opened at $1991, with a liquidation price of $1362. - Address 2: Holds 50,000 ETH in long positions opened at $2012, with a liquidation price of $1350.