Gate Crypto Flash News and Market Updates

February 25 News, Ethereum co-founder Vitalik Buterin recently outlined a new vision for Ethereum in the decentralized finance (DeFi) space. The Ethereum Foundation announced that it will prioritize support for permissionless, privacy-focused, and secure protocols, emphasizing user sovereignty and long-term stability. The announcement stated that the foundation will focus on supporting open-source, security-centric DeFi projects to ensure protocols can operate normally even if the original team disappears or faces attacks. Buterin introduced the concept of a "detachment test," requiring protocols to maintain stability and sustainability in the absence of the founding team, while also reducing reliance on centralized institutions.

Gate News bot message, Gate market display, GT has increased by 5.00% in the past 24 hours, current price is 6.92 USDT.

On February 25, news, Polygon's price has fallen sharply by over 50% from its January 2026 high, reaching an annual low of $0.088 on February 11. The overall market correction and multiple support levels being broken for Bitcoin are closely related. Currently, POL is consolidating in the $0.100 to $0.115 range. According to DeFiLlama data, the total supply of stablecoins on the Polygon network has surged from $2.4 billion in early February to $3.26 billion, while the weekly revenue of DeFi applications on the network has increased by nearly 70%. The rise in activity and liquidity not only indicates an improvement in network health but may also attract more institutional capital into the market.

Odaily Planet Daily reports that, according to Lookonchain monitoring, within the past 5 hours, a certain whale (0x2bd7) exchanged 205 BTC (worth $13.45 million) for 6973 ETH at an exchange rate of 0.02944.

ChainCatcher news: Since Aave V3 officially launched on the Mantle mainnet, it has experienced continuous growth. In the first week, TVL surpassed $400 million, and in the second week, it exceeded $550 million, further establishing itself as a new generation decentralized liquidity hub.

On February 25, it was reported that Meta Platforms Inc. plans to integrate stablecoin payment functionality through Stripe Bridge in the second half of 2026, providing revenue payment solutions for creators. According to CoinDesk, the plan aims to leverage the new regulatory environment in the United States, reduce cross-border settlement costs, and accelerate small-value transfers. The news indicates that Meta has issued a proposal request to third-party infrastructure companies, with Stripe considered a potential partner. Stripe CEO Patrick Collison will join Meta's board of directors in April 2025 to strengthen the collaboration between the two companies. Meta previously launched the Libra project (later renamed Diem) in 2019, which was terminated due to regulatory pressures. This integration plan does not involve issuing its own stablecoin but instead promotes it as a distribution channel.

Gate News bot message: According to the latest Gate TradFi data, AUDJPY has risen 1% in the short term, with current volatility significantly higher than recent average levels, indicating increased market activity.

ChainCatcher reports that, according to Jinshi, the USD/JPY has risen to a two-week high of 156.45, up 0.32% latest.

On February 25, it was reported that Bitcoin's trading price in 2026 dropped to $64,492, down nearly 50% from its all-time high in October 2025. Despite the price decline triggering market panic, adoption of Bitcoin by institutions and corporations continues to accelerate. BeInCrypto reports that retail investors have a pessimistic outlook on Bitcoin prices, with searches for "Bitcoin to zero" reaching a record high. Crypto hedge funds are increasing cash holdings, with the average cash reserve reaching 15.32%, the highest in nearly a year. Coin Bureau co-founder Nic Puckrin pointed out that this reflects a defensive strategy by institutional investors against short-term price volatility.

Tether's issued stablecoin USDT's market value decreased by 0.8% this month to $183.61 billion, marking two consecutive months of contraction, reflecting market capital outflows and putting pressure on Bitcoin and the overall market. Bitcoin's price experienced a rebound but then fell back to around $65,000.

Bitcoin's current price is in the $62,000 - $68,000 range, with the futures market funding rate in negative territory, indicating that bearish sentiment is dominant. Selling pressure continues to increase, reaching the highest level in three months. Although the price decline leads to liquidations, in the long term, it helps improve market leverage conditions.

February 25 News, the Delhi High Court recently dismissed a lawsuit filed by a group of cryptocurrency investors against a certain crypto platform. Judge Prushaindra Kumar Kaurav pointed out that the platform is a private company and does not meet the definition of a "state" entity under Article 12 of the Constitution, therefore it cannot be subject to judicial intervention under Article 226. The petition lacks a legally admissible basis. The lawsuit was initiated by investors such as Rana Handa and Aditya Malhotra, requesting the court to strengthen regulation of the crypto platform, and to direct the CBI or a special investigation team to intervene, as well as to unfreeze the user funds that are reportedly restricted. However, the court explicitly stated that ordering a criminal investigation is an extremely exceptional circumstance, and some complaints have not even completed the FIR process, which is insufficient to trigger a mandatory investigation mechanism.

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Michael Saylor delivered a speech at Strategy World 2026, proposing a digital financial system centered around Bitcoin, divided into three layers: digital capital, digital credit, and digital currency. He emphasized that new financial products reduce Bitcoin risk and, unlike traditional fiat currencies, profits come from the increase in Bitcoin's price.

February 25 News, Dogecoin (DOGE) is currently in a critical structural and technical range. On-chain research firm AMBCrypto pointed out that its price has entered a rare historical discount level, a characteristic often associated with long-term bottom formation rather than short-term reversal signals. Data shows that the "profit days" indicator has risen to a new high of 1100 days in history, indicating that the vast majority of historical trading days had prices above the current level, and many DOGE holders are still in deep unrealized losses. This phenomenon typically occurs during the later stages of a market correction cycle, reflecting that there is still significant remaining supply in the market, while long-term holders are numerous. However, structural cycle indicators have not yet released clear bottoming signals. From the perspective of net position changes among holders, during the 2021 and 2024 bull market ends, a large amount of DOGE was sold at cycle tops, while continuous buying in the $0.095 to $0.34 range significantly increased the overall holding costs.

February 25 News, Bitcoin spot ETFs are experiencing a rare consecutive capital outflow cycle, with net redemptions occurring for six consecutive weeks, indicating a clear shift in institutional funding attitude. Data shows that on February 23 alone, net outflows reached $203.8 million. Previously considered a long-term allocation tool, ETFs have now become one of the sources of phased selling pressure, directly exacerbating market volatility. In terms of price, Bitcoin has fallen below the key level of $63,000, nearly a 50% retracement from the October 2025 all-time high of approximately $126,000. Market risk appetite has significantly cooled. The current average holding cost for ETF investors is about $84,100. With the current price around $68,000, most institutional accounts are still showing approximately 20% unrealized losses, further amplifying the motivation for redemptions.

On February 25, news reports indicate that the native token PUMP of memecoin launch platform Pump.fun is facing significant selling pressure. Over the past 24 hours, its price has dropped approximately 9.5%, accompanied by a large-scale withdrawal of funds, and market risk sentiment has notably increased. Data shows that about $99.47 million was withdrawn in a single day, causing its market capitalization to quickly fall from approximately $715 million to $615 million, with signs of liquidity contraction becoming more evident. From a trading structure perspective, trading volume has actually increased during the price decline. This "volume-increasing decline" is often seen as a strong sell signal, indicating that sellers are dominating and continuously suppressing buying demand. Against the backdrop of ongoing capital outflows, market depth has decreased, and short-term volatility may further expand.

On February 25, news reports indicate that DeXe (DEXE) has shown a strong upward movement on the daily chart, with a single-day increase of 17%. The technical pattern shows that it has completed a descending wedge breakout and successfully retested, indicating a clear shift in the short-term market structure towards bullishness. After the price effectively broke above the key resistance zone of $3.17, the upward channel further opened, and market focus quickly shifted to the psychological level of $4. This area also overlaps with a liquidity-dense zone, becoming the core position for short-term price battles. From a technical perspective, descending wedges are generally seen as bullish patterns indicating trend reversals or continuations. This breakout, confirmed by increased volume, suggests strong buying momentum and higher reliability compared to upward movements without volume. If the price remains steadily above $3.17, this zone is likely to turn into a support level, providing a structural foundation for subsequent attempts to reach $4.

PANews February 25 News, Brazil's foreign exchange bank Banco Braza announced that its Brazilian Real stablecoin BBRL has expanded to operate on the Polygon network. The stablecoin is issued by an institution regulated by the Central Bank of Brazil, fully backed 1:1 by Real reserves, and undergoes regular audits.