BofA Survey: US Dollar Short Positions Drop to Lowest Since 2012, Bitcoin Now Showing Unusual Positive Correlation with the Dollar
February 17: A February survey from Bank of America (BofA) found investors’ bearish bets on the U.S. dollar have fallen to their lowest level since 2012, with dollar allocations at a historically low level. Traditionally, a weaker dollar tends to benefit risk assets like Bitcoin—but the report notes that since early 2025, Bitcoin has shown an unusual positive correlation with the U.S. Dollar Index, with the 90-day correlation coefficient peaking at 0.60.
Analysts say if this correlation holds, a further dollar decline may not necessarily help Bitcoin and could instead pressure it. Conversely, if the dollar rebounds on short covering, Bitcoin may rise alongside it, and market volatility could spike significantly. (CoinDesk)
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Coinbase Bitcoin Premium has been negative for 33 days in a row, setting the longest "continuous negative" record since May 2023
On February 17th, Coinglass data shows Coinbase’s Bitcoin Premium Index has remained in negative territory for 33 straight days, currently at -0.0477%—marking the longest consecutive negative stretch since May 2023. This exceeds the roughly 30-day negative premium period during the 2023 “1011 Crash.”
The Coinbase Bitcoin Premium Index measures the gap between Bitcoin’s price on Coinbase and the global market average. A negative premium typically signals U.S. market selling pressure, reduced investor risk appetite, rising hedging sentiment, or capital outflows.
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Binance will launch an airdrop event for eligible USD1 holders, with a total prize pool of 235 million WLFI
Per an official announcement, Binance will kick off an airdrop campaign for eligible users holding World Liberty Financial USD (USD1) on its platform starting at 08:00 UTC+8 on February 20, 2026. Qualified users will split a total prize pool of 235 million World Liberty Financial (WLFI) tokens.
Throughout the event, WLFI rewards will be distributed weekly to users holding USD1. The first airdrop distribution will take place on March 4, 2026, covering rewards for the period from 08:00 UTC+8 on February 20, 2026, to 08:00 UTC+8 on February 27, 2026. Subsequent rewards will be sent out every Friday.
Event Duration: 08:00 UTC+8 on February 20, 2026, through 08:00 UTC+8 on March 20, 2026.
8 minutes ago
A trader fell victim to a rug pull attack, losing approximately $600,000 worth of USDT.
February 17th: Cyvers Alerts monitoring reports a trader was hit by a rug pull attack roughly an hour ago, losing ~$600k worth of USDT.
When attempting to send funds to address 0x77f6ca8E...2E087a346, the transaction was redirected to a malicious spoofed address: 0x77f6A6F6...DFdA8A346.
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SBI Holdings to Acquire Majority Stake in Singapore Crypto CEX Coinhako
February 17: Japanese financial group SBI Holdings is planning to take a majority stake in Singapore-based crypto exchange (CEX) Coinhako as it aims to expand its footprint in the cryptocurrency sector.
The announcement notes that SBI Ventures Asset—SBI’s wholly owned subsidiary—has signed a letter of intent with Holdbuild, Coinhako’s parent company, to invest in Coinhako and acquire shares from existing investors. Upon completion of the transaction, SBI Holdings will hold a majority stake in Coinhako and make it a consolidated subsidiary, pending regulatory approval.
Financial terms of the acquisition and ownership details have not been disclosed, while the investment structure and share purchase plan are still under discussion. This non-binding deal will allow SBI to secure a legal license in Singapore, one of Asia’s leading regulated cryptocurrency hubs. (Cointelegraph)
8 minutes ago
Abstract Chain Contributor Post Introduces Social Trading Platform ClankerZone
On February 17th, Abstract Chain contributor 0xCygaar published an article introducing ClankerZone—a social trading platform for smart entities built exclusively for the OpenClaw agency. Backed by Privy, Clanker, and ERC-8004, the platform lets agents initiate trades, share token-related opinions, and interact with one another.
A new token launched via Clanker’s v3.1 SDK enables agents to retain 80% of their trading profits. Users signing up for ClankerZone receive a Privy agent wallet for cross-chain trading.
Notably, ClankerZone is an experimental project tied to the Smart Entity Economy and has not been endorsed by the Abstract team. As of now, the platform has no native token—though its trading volume has hit 200 ETH.
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