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AMD Shares Surge After High-Profile Deal With Meta Platforms

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AMD Shares Surge After High-Profile Deal With Meta Platforms

Yesterday, it was reported that Advanced Micro Devices (AMD) has expanded its collaboration with Meta Platforms. The companies struck an agreement under which:

→ Meta will purchase AMD equipment with a total capacity of 6 gigawatts for its AI infrastructure. Deliveries are scheduled to begin in the second half of 2026.

→ AMD’s portfolio could include around 160 million META shares, representing roughly 10% of the company.

The market interpreted the news as a signal that AMD is successfully establishing itself as the second major chip supplier to tech giants, challenging Nvidia’s monopoly (incidentally, the market leader is due to release its quarterly report today).

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Following yesterday’s trading, AMD shares jumped more than 8%, closing near the highs on rising volume—a bullish sign. This partially offset the decline seen after the early-February earnings report, which was influenced by falling margins, supply chain issues, concerns over deliveries to China, and other factors.

Technical Analysis of AMD Shares

Analysis of AMD’s chart indicates that the ascending channel (shown in blue), which guided price growth throughout 2025, is losing relevance.

Currently, AMD’s shares are trapped between two gaps:

→ Support is provided by the bullish gap from 6 October, which includes the psychological $200 level, offering additional support for buyers.

→ Resistance comes from the bearish gap of 4 February, which aligns with the median of the descending channel (shown in red).

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It is reasonable to suggest that yesterday’s positive news offset the earlier negative sentiment, and in the short term, AMD shares may stabilise between the areas of the identified gaps.

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BTC hits $67,000; ETH, DOGE, SOL lead amid crypto short squeeze

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Crypto Fear & Greed Index (Alternative.me)

Bitcoin bounced back to $67,500 during Wednesday’s U.S. morning session, gaining more than 5% over the past 24 hours as deeply bearish positioning across the crypto market began to unwind.

The move sparked a broader relief rally across altcoins. Ethereum’s ether (ETH) surged 10%, reclaiming the $2,000 level for the first time in a week. Solana (SOL), , and Chainlink each advanced more than 10%, outperforming bitcoin and the broad-market benchmark CoinDesk 20 Index’s gains.

Wednesday’s bounce follows a period of extremely negative sentiment across the market. The Crypto Fear & Greed Index, a popular sentiment gauge, has been hovering in Extreme Fear levels for most of February.

Crypto Fear & Greed Index (Alternative.me)

Crypto Fear & Greed Index at historic lows (Alternative.me)
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Perpetual futures funding rates — the periodic payments between long and short traders — had also turned negative multiple times over the past weeks. This means short sellers have been paying longs to maintain positions, a sign that bearish bets had become crowded. Such setups often leave markets vulnerable to sharp squeezes higher when prices begin to rise.

The rebound has liquidated over $307 million in leveraged bearish bets across crypto derivatives over the past 24 hours, CoinGlass data shows. Notably, bitcoin perpetual funding rates remain below neutral even amid the rally, suggesting the move isn’t being driven by aggressive leveraged speculation.

Bitcoin perpetual funding rates (Coinalyze)

Bitcoin perpetual funding rates (Coinalyze)

Crypto stocks gain

Crypto-related equities also joined the advance. Stablecoin issuer Circle (CRCL) jumped 20% after an earnings beat, while Coinbase (COIN), bitcoin treasury firm Strategy (MSTR) and Galaxy (GLXY) gained 5%-6%. Bitcoin miners — increasingly tied to AI infrastructure themes — extended their rebound, with Bitfarms (BITF), Bitdeer (BTDR) and MARA Holdings (MARA) leading gains.

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Many crypto-linked stocks had built up sizable short interest from hedge funds, 10x Research’s Markus Thielen noted, leaving them primed for a sharp reversal.

Improving risk appetite across traditional markets has given a favorable backdrop for the crypto bounce. The S&P 500 and the tech-heavy Nasdaq 100 were 0.6% and 1.1% higher, respectively, in the early hours of trading. The software sector, embattled by AI fears, extended its gains, with the iShares Expanded Tech-Software Sector ETF (IGV) up by another 2% during the session.

Early signs of U.S. buyers returning

For the first time in over 40 days, the Coinbase Premium Index has turned positive again. This index tracks the price difference between bitcoin on Coinbase, a major U.S. exchange, and the broader global market average. It is widely viewed as a gauge of U.S. capital flows, institutional participation, and overall market sentiment.

While the MSTR to IBIT ratio is up 12% year to date, indicating that Strategy has outperformed BlackRock’s ETF. This relative strength points to continued risk-on appetite, even as bitcoin has fallen 25% this year.

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In addition, the U.S. spot bitcoin ETFs recorded $257.7 million in inflows on Tuesday, the largest daily total since Feb. 6.

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UK gov’t committee calls for halt to crypto donations amid foreign interference fears

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UK gov't committee calls for halt to crypto donations amid foreign interference fears

UK politicians concerned with foreign interference in politics are calling for temporary restrictions on crypto donations to be put in place until permanent legislation is drafted.

The Joint Committee on the National Security Strategy called for the measures in a letter to the UK’s Communities Secretary, Steve Reed, on Tuesday.

In the letter, Committee Chair Matt Western recommended five temporary measures: 

  • A temporary ban on accepting crypto donations until the Electoral Commission publishes its own guidance on interim crypto measures. 
  • Crypto donors should be prevented from using crypto firms that aren’t registered with the Financial Conduct Authority to make their donations
  • Donations should be converted into sterling within 48 hours of their receipt.
  • Crypto that’s been “upstream” from crypto mixers and tumblers, such as Tornado Cash, should be prohibited.
  • Crypto should only be accepted when an individual has “high confidence” about its origins.

Kraken says crypto ban will ‘displace’ political donations

The committee took into consideration the views of various stakeholders, crypto entities, charities, and research groups when deciding on its recommendations.  

Despite this, not everybody is happy. Kraken’s Chief Compliance Officer Natasha Powell, for example, warned that a ban would displace crypto donors to shadier avenues of funding, and that donors should be allowed to make donations from UK-regulated institutions.

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“If you say, ‘No crypto donations, they’re illegal,’ people will go offshore and find different ways of doing them,” said Powell. “They will keep happening; they will just do so under the radar.”

Read more: Nigel Farage milkshake’d while touring with shady crypto ally

The director of the Centre for Finance and Security at RUSI agreed with Powell, and called for a “moratorium until such time as we are sure that we have the right checks and balances in place.”

The anti-corruption charity Spotlight on Corruption has also suggested various measures to tackle shady crypto donations, while the Electoral Commission has said it could be given discretionary power to draft crypto donation guidance. 

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“This could involve producing non-statutory guidance at first, which could be changed to statutory guidance if required,” the letter reads.

The letter also highlights that, as the UK’s military role in Europe grows, and the security environment worsens, “the value of influencing the UK’s political positions (for example on Ukraine, or US/EU relations) is likely to increase.”

His letter also recommended tougher sentences for electoral finance offences, a singular group dedicated to policing political finance and foreign interference risks, and increased wealth checks for political donors.

Crypto donation ban would upset Reform UK 

The only major party currently accepting crypto donations in the UK is Nigel Farage’s Reform UK. The right-wing party announced its acceptance of crypto donations last May as part of an effort to appeal to crypto investors. 

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It’s received over £19 million ($25.6 million) in donations from Tether shareholder Christopher Harbourne over the years and has also reportedly received some crypto donations, but hasn’t disclosed who from. 

Because of this, Labour and Liberal Democrat MPs have called for an investigation that looks to determine any potential conflicts of interest that might “undermine public trust in the integrity of our political system.”

Read more: Scoop: Bitfinex, Tether shareholder Harborne is Nigel Farage’s top donor

One of Farage’s close allies, George Cottrell, is linked to a Polymarket wallet that made millions betting on the outcome of various Donald Trump-related prediction markets.

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Cottrell was also convicted of wire fraud after he was caught agreeing to launder drug trafficking proceeds. He allegedly threatened to report the fake drug traffickers unless they paid him $80,000 worth of bitcoin. 

He’s also launching a book called How To Launder Money, and his mother, Fiona Cottrell, has also donated £750,000 ($1 million) to Reform UK.

Got a tip? Send us an email securely via Protos Leaks. For more informed news and investigations, follow us on XBluesky, and Google News, or subscribe to our YouTube channel.

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Solana Price Charts Are Hinting at a Potential Rally Toward $110 Next

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Solana Price Charts Are Hinting at a Potential Rally Toward $110 Next

Solana’s SOL (SOL) has rallied 10% over the past 24 hours, rising to an intraday high of $86 on Wednesday.

The recovery was accompanied by a leap in futures activity, with SOL’s open interest rising by more than 5% to $5.27 billion.

Analysts are now focusing on the short-term technical setup and fundamental indicators that may signal a major turning point for SOL.

Key takeaways:

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  • SOL price has risen 10% in 24 hours, fueled by bullishness in the broader market and Solana ETF inflows.

  • Solana’s symmetrical triangle breakout targets $110 SOL price.

SOL recovers with the crypto market

The SOL/USD pair rose as much as 13.6% to $86 on Wednesday from a two-week low of $75 on Tuesday, amid a marketwide recovery.

Bitcoin (BTC), the market leader, was trading at $66,800 at the time of writing, up 5% over the 24 hours. Second-placed Ether (ETH) has gained about 8% on the day to trade just above $1,990. XRP (XRP) has also posted significant daily gains among the top 10 cryptocurrencies, up 6% over the same period.

As a result, the global crypto market capitalization is up 4% on the day to $2.28 trillion on Wednesday.

Performance of top-cap cryptocurrencies: Source: CoinMarketCap

Solana’s surge today is accompanied by significant short liquidations totaling $15.4 million over the last 24 hours, signaling intense demand-side pressure.

The buyers were also US-based spot Solana ETFs, which have recorded $40 million in net inflows since Feb. 9.

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Spot Solana ETFs flows table. Source: Farside Investors

The growing demand-side pressure that could push SOL prices higher when coupled with increased inflows from global Solana investment products and buying by whales.

Cryptocurrencies, Markets, Price Analysis, Tech Analysis, Market Analysis, Altcoin Watch, Solana, ETF
Source: Lookonchain

SOL’s symmetrical triangle breakout targets $110

Data from TradingView shows SOL price breaking above a symmetrical triangle on the six-hour time frame, as shown in the chart below.

The price needs to close above the 100-day simple moving average (SMA) at $86 to sustain the upward momentum.

The measured target of the prevailing pattern, calculated by adding the height of the triangle to the breakout point, is $110, coinciding with the 50-day SMA. This represents a 28.5% rally from the current levels. 

SOL/USD 6-H chart. Source: Cointelegraph/TradingView

As Cointelegraph reported, a daily candlestick close above the 20-day EMA, currently at $88, would open the way for a rise toward $95 and later to $117. 

Glassnode’s realized price distribution data for Solana shows limited historical buying activity above $85, suggesting that the bulls could easily break this resistance.

In other words, there are relatively few SOL holders with a cost basis above this zone, reducing the chances of sellers stepping in decisively until the price reaches higher supply zones. 

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The next significant resistance sits at $115, where approximately 22 million SOL were previously acquired.

SOL: UTXO realized price distribution (URPD). Source: Glassnode