Ethereum is still trading with a heavy bearish bias after the sharp late-January breakdown, and the market is now trying to form a base around the $1.9K area. On the higher timeframe, the price structure remains bearish, and amid the war in the Middle East, any rebound is currently best viewed as a relief move unless ETH can reclaim key resistance levels and flip them into support.

Ethereum Price Analysis: The Daily Chart

On the daily chart, ETH is still pinned below both the 100-day and 200-day moving averages, located around the $2,700 and $3,400 marks, respectively. Both moving averages are sloping lower and acting as dynamic resistance. The asset also remains inside a broader descending structure, and the last impulsive leg down left a clear distribution-to-breakdown footprint. The nearest overhead supply zone sits around $2,300K–$2,400 area, where a bearish order block is located.

The constructive part is that ETH has stopped trending lower for now and is building a base above the $1,800–$1,900 support band. Daily momentum is also seemingly stabilizing. The RSI has recovered from oversold conditions and is hovering in the mid zone, which often happens during consolidation phases. Still, the burden of proof is on the buyers, as losing the $1,800 again would reopen the downside toward the next demand zones around $1,500.

ETH/USDT 4-Hour Chart

On the 4-hour chart, ETH is moving sideways after the capitulation move, and the price action is compressing in a range with defined edges. The line in the sand overhead is around $2,150, which has acted as a repeated pivot/ceiling; buyers have struggled to hold above it, and pullbacks keep dragging the asset back into the range. If ETH can reclaim $2,150 cleanly and hold above it, the next upside magnet is the $2,300-$2,400 supply zone.

Until that breakout happens, the market is still vulnerable to another sweep lower. The key downside level remains the $1,800 base. It has been defended multiple times, but repeated tests weaken support. So, a clean breakdown increases the odds of a fast move toward $1,600, with $1,500 as the deeper capitulation support zone if risk sentiment deteriorates again.

Sentiment Analysis

For the market sentiment read, the Coinbase Premium Index has started to climb back toward (and around) the neutral line after spending an extended stretch in deep negative territory since November 2025. In simple terms, that suggests U.S. spot demand is no longer as consistently discounted versus offshore venues, which can be an early sign that selling pressure is easing and dip-buying interest is returning.

That said, the broader context still matters. The premium recovering while the price remains stuck near $1,900 is more consistent with stabilization than a full trend reversal. If the premium can stay positive while ETH regains $2,150 and pushes higher, it would strengthen the case that spot buyers are back in control. Otherwise, it would signal that the bid is still fragile, and that the market may be setting up for another leg down rather than a sustained recovery.

Turkey’s ruling AK Party has introduced a sweeping economic bill in parliament that would formalize crypto taxation while revising a range of tax and spending rules.

The draft, now before the Turkish Grand National Assembly, would amend the Income Tax Law and Expenditure Taxes Law to create a new framework for cryptocurrencies, the country’s state news agency Anadolu Ajansı reports.

Crypto platforms regulated under the country’s Capital Markets Law would withhold a 10% tax on gains each quarter, regardless of whether the investor is an individual or company, resident or non-resident.

Service providers would also pay a 0.03% transaction tax on the sale amount or market value of crypto assets they broker.

Crypto brokers and other intermediaries would be on the hook for tax checks based on the records they keep. If a user provides wrong or incomplete information, tax authorities would pursue that person for any shortfall, the news outlet writes.

The bill also makes clear that key terms such as “crypto asset,” “wallet,” and “platform” carry the same meaning as in Turkey’s Capital Markets Law, tying the tax regime to existing financial rules.

The country’s president would also have the power to lower the 10% withholding tax to 0% or raise it to 20%, depending on the type of token, how long it was held, who issued it, or the type of wallet used.

The bill exempts crypto deliveries subject to the transaction tax from value-added tax (VAT) and excludes foundation university hospitals from corporate tax exemptions starting in 2027.

The crypto provisions would take effect two months after publication if approved.

Key Takeaways

• COIN shares have dropped approximately 20% year-to-date in 2026 amid weakening cryptocurrency valuations and reduced market-wide trading activity.

• Fourth-quarter financial results fell short of Wall Street projections, driven by diminished transaction volumes and weaker digital asset demand.

• The exchange operator is diversifying its platform through the “Everything Exchange” initiative, introducing traditional stock and ETF trading.

• Major institutional stakeholders maintain substantial positions in the company, collectively owning approximately 69% of shares.

• Wall Street analysts have reduced their price objectives while the overall consensus remains at a Hold recommendation.

Coinbase (COIN) stock has experienced a roughly 20% decline through the first months of 2026 as digital currency valuations softened and market participants pulled back from trading. The shares have encountered selling pressure after the company’s latest quarterly report disappointed investors.

Coinbase Global, Inc., COIN

During the fourth quarter, the cryptocurrency exchange posted earnings of $0.66 per share, falling short of the $0.83 consensus estimate. Revenue for the period reached $1.78 billion, trailing the anticipated $1.86 billion and representing a 21.6% decline from the prior year.

The stock has been trading near the $175 level, giving the company a market valuation of approximately $46 billion. This price point sits significantly below the 52-week peak of $444.64.

Institutional investment firms control roughly 68.8% of Coinbase shares outstanding. Multiple asset managers have modified their stakes in the company throughout recent reporting periods.

Sierra Summit Advisors established a fresh position comprising approximately 20,302 shares worth around $6.85 million. Additional institutional investors have disclosed modest acquisitions or stake increases.

Diversification Push and New Services

Coinbase is broadening its service portfolio beyond digital currency transactions. The platform now supports trading of U.S. equities and exchange-traded funds as part of its “Everything Exchange” vision.

This strategic direction aims to create multiple revenue streams and boost overall platform engagement across various asset categories. The technical backbone for these expanded trading capabilities comes from Apex Fintech Solutions.

Coinbase has additionally introduced prediction market functionality through a collaboration with Kalshi. These developments are meant to broaden the spectrum of available trading instruments.

The platform maintains its role as a digital asset custodian serving institutional clients. It also functions as the safekeeping provider for numerous cryptocurrency investment funds.

In 2023, Coinbase introduced its Base blockchain infrastructure to facilitate decentralized finance applications and asset tokenization projects. This network has found adoption in payment systems, tokenized securities, and decentralized applications.

The firm is marketing Crypto-as-a-Service solutions targeted at traditional financial institutions. These offerings enable banks and asset managers to integrate digital currency capabilities leveraging Coinbase’s existing technology.

Wall Street Outlook and Trading Trends

Research analysts have reduced their price objectives following the disappointing quarterly report and increased market turbulence. However, most firms continue to recommend either buying or holding the shares.

The mean price target among covering analysts sits at approximately $270.67. The aggregate recommendation across Wall Street research desks currently registers as a Hold.

Several brokerage houses pointed to shrinking cryptocurrency spot trading volumes as a short-term challenge. Reduced platform activity directly impacts the company’s transaction-driven revenue streams.

Executive stock sales also took place over the recent three-month period. Company leadership offloaded roughly 513,775 shares totaling approximately $95 million.

Chief Executive Officer Brian Armstrong and Chief Financial Officer Alesia Haas participated in these share dispositions. Company executives and directors collectively own about 16.56% of outstanding equity.

Coinbase continues advancing its product diversification initiatives while navigating fluctuations linked to cryptocurrency valuations and market participation rates. The stock’s performance remains closely correlated with broader digital asset market trends and user engagement patterns.

Tether has never been in a better place than it is right now, at least when it comes to its position in the crypto industry in America.

It’s been the largest stablecoin for nearly a decade, numerous executives and equity holders are billionaires, Howard Lutnick (who used to purchase all of Tether’s t-notes) is now the financial whisperer to President Donald Trump, and it just launched a sister version of tether (USDT) that’s available for US customers to redeem.

In the US, things are looking good.

However, in China a completely different story is unfolding — and it looks bad.

Regulation 42 and the end of Yuan stablecoins

China released new regulatory banking guidance regarding virtual currencies and stablecoins known as Regulation 42 of 2026.

Only three cryptocurrencies are explicitly named in these new regulations: bitcoin (BTC), ether (ETH), and USDT. This suggests that they’re the most widely used and available cryptos in Mainland China.

Regulation 42 replaces 2021’s Regulation 237, placing stricter rules and harsher criminal sentences on issuers of real world tokenized assets and cryptocurrencies.

It states, “Without the approval of relevant departments in accordance with laws and regulations, no entity or individual, whether domestic or foreign, may issue stablecoins pegged to the Renminbi overseas.”

While there may be other companies that have issued stablecoins pegged to the yuan, by far the most prominent and important is Tether, which chose to create CNH₮, pegged to the price of offshore Renminbi, in 2019.

The Yuan-pegged stablecoin has rarely been used by traders, with only 20.5 million ever being put into circulation and a few dozen individuals choosing to interact with it.

Nevertheless, shortly after the rule change in China, Tether announced that it would issue no more CNH₮ and would give anyone holding the stablecoin one year to redeem what they have.

Tether announcement fails to mention Chinese regulations

Tether claims in its announcement that the reason for the discontinuation of CNH₮ is due to “low interest in the product, and limited sustained community demand relative to other supported assets.”

It added, “CNH₮’s usage levels don’t justify the continued operational support required to maintain it at the standards Tether applies across its products.”

• This event is one of many ways MEXC creates financial opportunities for its users.
• The USAT Flexible Savings event ran from January 27 to February 26, 2026.
• It offered users the opportunity to stake USAT and share a 300,000 USAT reward pool.

MEXC, the world’s fastest-growing digital asset exchange and a pioneer of true zero-fee trading, concluded its limited-time USAT Flexible Savings event.

The event attracted 11,254 subscribers and drove total assets under management (AUM) past $10 million within three days of launch.

The USAT Flexible Savings event, which ran from January 27 to February 26, 2026, offered users the opportunity to stake USAT and share a 300,000 USAT reward pool, with new users eligible for up to 300% APR.

Participation surged throughout the event: subscription volume grew 14x, while AUM climbed more than 1,380%.

According to CoinGecko data as of February 27, 2026, MEXC ranked first in USAT spot market liquidity, recording a +2% buy depth of $1,512,954 and a bid-ask spread of just 0.01%, reflecting a liquidity structure that outperforms major exchanges.

As the first exchange to list USAT, MEXC provides industry-leading trading depth and liquidity for the asset.

The USAT Flexible Savings event is one of many ways MEXC creates financial opportunities for its users.

By removing fees, expanding asset access, delivering deep liquidity, and rewarding users with competitive yield opportunities, MEXC empowers users to discover more and act faster on market opportunities.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.”

Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees.

Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets.

MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

For media inquiries, please contact MEXC PR team: [email protected]

Risk Disclaimer:

This content does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.

Source

This article is authored by a third party, and CoinJournal does not endorse or take responsibility for its content, accuracy, quality, advertisements, products, or materials. Readers should independently research and exercise due diligence before making decisions related to the mentioned company.

The tokenization of real-world assets is rapidly advancing as attention turns to blockchain networks like the XRP Ledger for large-scale financial settlement.

The tokenization of real-world assets (RWA) is accelerating. Current estimates suggest that nearly $400 trillion in traditional financial assets, including equities, bonds, real estate, and private equity, remain off-chain. Only a small fraction has been tokenized so far.

As institutions increasingly explore asset tokenization, attention is shifting toward a critical question: Which blockchain networks are capable of supporting large-scale financial settlement?

The XRP Ledger (XRPL) is increasingly viewed as one of the infrastructures capable of handling this transition. Its fast settlement speed, low transaction costs, and built-in compliance features position it as a practical framework for institutional-grade activity.

If a meaningful portion of tokenized assets begins issuing, settling, or circulating on XRPL, network utilisation could rise significantly. In that scenario, value would be driven not only by market sentiment, but by actual usage.

This represents a structural shift, from price-driven speculation to adoption-driven demand.

Network expansion means growing infrastructure demand

As on-chain asset volumes expand, the underlying network must scale accordingly.

Greater transaction flow requires:

• More computational resources
• Stable validation capacity
• Efficient processing infrastructure

For this reason, some market participants are beginning to look beyond simple asset ownership. Instead, they are asking: How can we participate in the productive layer of the network itself?

BI DeFi: A gateway to infrastructure participation

BI DeFi, a UK-registered platform, offers a cloud-based computational contract model designed to simplify infrastructure participation.

Rather than purchasing and operating hardware, users can participate through structured computing contracts. The model removes the operational burdens typically associated with mining infrastructure, such as equipment management, cooling systems, and electricity contracts.

Key features include:

• Entry starting from $100
• $17 registration reward
• Support for major assets, including BTC, ETH, XRP, and SOL
• Automated 24-hour settlement cycles
• Cold storage custody structure
• Insurance-backed digital asset protection

The platform positions itself as a streamlined alternative to hardware-intensive models, aimed at improving accessibility while maintaining operational safeguards.

A structural transition underway

If even a fraction of global financial assets transitions on-chain, the implications extend beyond asset pricing.

The more fundamental question becomes:

• Which networks support settlement?
• Which infrastructures enable scalability?
• Who participates in the network’s productive capacity?

As digital asset ecosystems mature, infrastructure participation may become an increasingly important part of strategic positioning.

In that context, platforms such as BI DeFi are aligning with the broader shift toward network-level engagement rather than purely speculative exposure. To learn more, visit the BI DeFi.

South Korean tax authorities lost $4.8 million of seized crypto after displaying the relevant wallets’ seed phrases in a photograph covering the Feb. 26 event.

The crypto was taken immediately after the National Tax Service (NTS) shared a photo that included hardware wallets and their secret phrases. The service apologized for the incident, Asia Business Daily reported on Sunday.

“In an effort to provide more vivid information, we did not realize that sensitive information was included and carelessly provided the original photo,” the tax office said. “This is entirely the fault of the National Tax Service (NTS), with no excuse.”

This is at least the second time something like this has occurred in the country. South Korean authorities faced scrutiny over a separate failure in which Seoul’s Gangnam police allegedly lost 22 BTC (roughly $1.5 million) in a 2021 hacking case after leaving the funds and seed phrase with a third-party custodian. The authors of that theft were recently detained.

The new case involves a taxpayer who owed the NTS capital gains tax, which led to the individual’s home being raided. The authorities took control of at least four hardware wallets and cash. They then photographed the seized items, which included at least two seed phrases, and shared the unblurred photo publicly..

The NTS requested police intervention to recover the stolen cryptocurrency. The tax authority also revealed plans to conduct an external review of its overall security system and to overhaul the entire manual for the process from the seizure to the sale of virtual assets.

Koo Yun-cheol, South Korea’s deputy Prime Minister and Minister of Finance and Economy, confirmed the leak in an X post on Sunday.

Koo said several government agencies, including the Financial Services Commission and the Financial Supervisory Service would investigate the leak. He also said they would scrutinize how government agencies and public institutions seize and manage digital assets to prevent recurrence.

Tokenized gold PAXG and XAUT climb about 1–2% toward $5.4k as Middle East conflict sends BTC, ETH and SOL lower in 24h risk‑off trade.

• Mantle has crossed the $1 billion total market size threshold on Aave.
• If inflows persist, bulls could target resistance in the $0.85-$0.92 range.
• MNT can rally toward the bulls’ key target of $1.

Mantle, a layer-2 blockchain network connecting traditional finance and on-chain liquidity, has surpassed $1 billion in total lending and borrowing volume on the Aave protocol.

The milestone coincides with a sharp rise in Mantle’s total value locked (TVL) in decentralized finance, despite the crypto market’s bearish outlook.

Can the lending and TVL milestones bolster the price of the native token MNT?

Mantle hits $1B lending milestone on Aave

The Mantle-Aave lending market rocketed past the $1 billion mark following a blockbuster launch that injected $800 million in just one day last week.

According to details, the staggering jump in market size, achieved in under three weeks, saw a new uptick as a dynamic weekend brought more than $200 million in organic capital inflows.

Beyond these gains, the Aave integration has ignited broader ecosystem momentum.

Notably, Mantle’s DeFi TVL has jumped from around $455 million to over $755 million, a 66% increase in just one week.

Emily Bao, a key advisor for Mantle, emphasized the achievement:

“Crossing $1 billion in total market size in under three weeks is a clear signal and not just of what Mantle and Aave have built together, but of where institutional and retail DeFi is heading. Mantle was built to be the distribution layer where real-world finance flows, and these milestones are proof that the ecosystem is delivering on that vision. The MoMNTum is real, and we’ve barely even started.”

What could these network milestones mean for MNT? Market experts say the integration of Mantle on Aave is critical to users seeking opportunities and incentives across DeFi.

As such, the surge highlights Mantle’s growing appeal as a scalable and efficient platform for DeFi activities.

MNT price could eye gains as the ecosystem expands and attracts inflows.

Mantle price forecast: can bulls target $1?

MNT’s price has hovered around $0.65-$0.70 over the past month, with current prices well below the all-time high of $2.85 in October 2025.

While buyers have shown resilience, early signs of recovery have faded amid a broader market downturn.

However, the $1 billion milestone could act as a powerful catalyst for MNT, potentially drawing more liquidity and boosting token utility.

The TVL surge also highlights increased value bet on Mantle growth.

If bulls hold current levels, a fresh bounce could bring the supply zone around $0.85 and $0.92 into play.

The $1 level is a key bullish target.

However, technical indicators suggest sellers may continue to exert downside pressure in the coming days and weeks.

Mantle token trading below key moving averages and being neutral-to-sell leaning oscillators support this outlook.

RSI is at 42, and suggests seller conviction, while the price also hovers below the parabolic SAR.

If the downside proves to be the path of least resistance, the next support levels could be $0.57 and Feb. 6 lows at $0.52.

XRP is still trading in a broader downtrend, and the rebound attempts keep getting capped at lower highs. The asset is now trying to establish a bottom near the lower part of the range, so the next move likely comes down to whether buyers can defend the recent floor and reclaim the first resistance band.

Ripple Price Analysis: The USDT Pair

On the daily XRPUSDT chart, the trend remains bearish inside a descending channel, with the price holding below the 100-day moving average and the 200-day moving average. The most important overhead supply is the $1.80 zone, which has acted as a pivot area and now lines up with dynamic resistance from the moving averages and the channel structure.

Above that, the next heavier resistance level sits around $2.40 to $2.50, where sellers previously stepped in and where a larger trend shift would need to prove itself.

Support is concentrated around $1.20, which is the area that has been repeatedly defended after the recent flush. As long as XRP stays above this band, the market can keep forming a base and attempt a recovery leg. A clean daily breakdown below $1.20, however, would weaken the structure and increase the odds of a deeper drop toward the next support region near $1.00 or even lower.

The BTC Pair

On the daily XRPBTC chart, XRP is trading around 2,050 sats and still sits below key resistance levels and the key 100-day and 200-day moving averages, after failing to hold the prior recovery swings. The first resistance to watch is the 100-day moving average around 2,200, followed by the 200-day moving average around 2,400 sats.

These elements have repeatedly rejected the price and also overlap with the moving averages, acting as pressure from above. If XRP can reclaim that zone and hold it, the next upside target becomes the 2,500 to sats supply area.

The main support is also located near the 2,000 sats region, which has been tested multiple times and is clearly a line bulls are trying to defend. If the 2,000-sat level fails on a clean break and close, the next major demand pocket sits much lower around 1,400 to 1,500 sats. That is the type of move that usually happens when Bitcoin strength outpaces altcoins, so XRPBTC is still the key risk gauge for bulls here.