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US Stock Market Opens with Crypto-related Stocks Seeing a Widespread Decline, GEMI Falls by 3.26%

2 hours ago

February 18th — Bitget market data indicates that as U.S. stock markets opened, the Dow Jones Industrial Average rose 0.16%, the S&P 500 gained 0.28%, and the Nasdaq Composite climbed 0.23%. Crypto-related stocks were broadly lower, with: - GEMI down 3.26% - MSTR down 1.5% - HOOD down 1.33% - BMNR down 1.09%
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A whale has successfully flipped 42.47 million WLFI from loss to profit, after facing a temporary drawdown of over 1 million USD.

On February 19th, LookOnChain data shows that as WLFI’s price rose, whale wallet 0x9b3b—holding 42.47 million WLFI (valued at $5.33 million) in a long position—has flipped losses to gains, swinging from an over-$1 million deficit to a current $65,000 profit.

16 minutes ago

WLFI breaks $0.12, up 22.39% in 24 hours

On February 19th, WLFI broke above $0.12 and is currently trading at $0.1251, posting a 22.39% 24-hour gain, per HTX market data.

16 minutes ago

Whale Alert Founder: BTC Potential Profit Level Drops to Late 2023, Nearing the Turning Point of a Three-Year Profit Cycle

Whale Alert founder Frank S said in a post on February 19th that BTC’s potential profit-taking threshold has fallen to late 2023 levels—with total unrealized gains across all holders now at roughly $300 billion. He noted that if history repeats, the next few months could be challenging: data shows the typical "uninterrupted profit streak" lasts around 3 years, and this cycle has just hit exactly 3 years.

16 minutes ago

Bitcoin Surges Past $68,000, Ethereum Surges Past $2,000

February 18th: Bitcoin has surpassed $68,000 and Ethereum has broken above $2,000, per HTX market data. Bitcoin’s 24-hour gain stands at 1.34%, while Ethereum’s 24h increase is 2.24%.

16 minutes ago

Kraken Acquires Token Custodian Company Magna in Preparation for Its IPO

Feb. 18 — Crypto exchange Kraken announced Wednesday it has acquired token custodian platform Magna, per a Fortune report. The firm declined to disclose specific terms of the deal, which closed last Friday. This marks Kraken’s sixth acquisition in the past year, including its $1.5 billion purchase of U.S. futures platform NinjaTrader in March of this year.

16 minutes ago

Spot Gold Reclaims $5000 Per Ounce Level

Spot gold surged above $5,000 per ounce on February 18, climbing 2.53% intraday, per data from Bitget.

16 minutes ago

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