Cryptonews

As 2025 unfurled, Bitcoin danced on the cusp of a new dawn, its ascent a symphony of bullish fervor. Yet, the initial crescendo wanes, and traders, once feverish in pursuit of peaks, now linger in the twilight of their ambitions. Questions about the ancient, forgotten coins and the shadow of future tech risks have returned, even as institutions stand firm. Thus, the price, once a soaring eagle, now limps, mirroring the fading echoes of its former glory.

According to the latest reports-because who doesn’t love a good report-the short-term Sharpe Ratio has plummeted to the delightfully absurd figure of -38.38. Such numbers are the stuff legends are made of, or perhaps just the stuff that leads to awkward silence at dinner parties. Traders, ever the optimists, wax lyrical about how this level has previously heralded times of bottom-feeding opportunity, notably around the lows of 2015, 2019, and late 2022. One can only hope that this time is no different, as CryptoQuant’s own sage, Moreno, attests.

But lo and behold! The indomitable Trump, with the flair of a magician pulling rabbits from hats, promptly announced new tariffs under a different legal guise. Thus, a delightful confusion reigns: Are we witnessing a reduction or an increase in tariffs? Let us peel back the layers of this bureaucratic onion.

So, the Supreme Court said Trump’s tariffs were as valid as a chocolate teapot. Markets yawned, but the crypto crowd is watching with one eye on their wallets and the other on Capitol Hill. Why? Because politics, my friends, is the ultimate rollercoaster-and crypto’s seatbelt just got a little tighter.

Enter Maartunn, our intrepid analyst, who reveals that Bitcoin’s whales are now waltzing into Binance with the confidence of a matinee idol. Over the past 30 days, a staggering $8.24 billion in BTC has been funneled into the exchange, a record high that would make even the most stoic trader blush. One can only imagine the clandestine meetings in the shadows of Binance’s servers, where large-scale transactions are brokered with the urgency of a last-minute flight to the Caymans.

Among the casualties are tokens tied to the AI and data economy, a sector that once buzzed with the energy of a caffeine-fueled conference. IO, GRASS, PROVE, and PROMPT-tokens with names as ambitious as their futures-were all part of the pack. They soared during the 2025 AI rally, but now they’re just ghosts in the machine, their derivatives liquidity as thin as a blockchain’s patience.

February 20, 2026. Shiba Inu (SHIB), the token that started as a meme and somehow became a financial flim-flam, is now trading around $0.091060. Yes, that’s 91 ten-thousandths of a cent. To put that in perspective, it’s the price of a single grain of rice in a world where rice is rationed and you’re wearing pants made of burlap. The market cap? A cozy $37.3 billion. That’s enough to buy a small island, assuming you don’t mind sharing it with a few thousand angry seagulls.

It is not that every stablecoin has taken to a life of crime, mind you. No, the blame lies with concentrated channels, where these tokens serve a specific, if unsavory, purpose: moving value with the stealth of a cat burglar, far from the prying eyes of traditional banking. A modern convenience, indeed, for those who prefer their finances as discreet as a whispered secret.

The daily chart, a disciplined but unforgiving mistress, tells a story as bleak as a winter in Bronte country. Bitcoin remains ensnared in a downtrend, from its lofty $97,000 high to the ignominious $59,930 swing low, followed by a sharp bounce on what one might call “heavy volume,” though one suspects it’s more a case of desperate souls clutching at straws.

This, my friends, marks the biggest monthly decline since the infamous FTX collapse, which, let’s be real, was about as subtle as a marching band in a library. And guess what? The drop is largely due to redemptions outpacing new issuances-it’s like a game of musical chairs, and everyone’s scrambling for a seat before the music stops! Plus, we have Europe’s MiCA regulations playing referee, Bitcoin taking a nosedive with a delightful 23% decline this year, and investors jumping ship to alternatives like USDC-because apparently, people love a good plot twist.