On 16 February 2026, Arizona’s Senate Finance Committee approved a bill to establish a state-managed Digital Assets Strategic Reserve Fund using seized cryptocurrencies instead of taxpayer money. The proposal, filed on 3 February 2026 by Mark Finchem, names Bitcoin, XRP and DigiByte as eligible assets, and could make Arizona the first U.S. state to formally include XRP in a government reserve structure. Under the plan, the State Treasurer would oversee custody, investment and potential lending of these digital assets within strict risk and storage rules.

According to Lookonchain data reviewed on February 23, Vitalik Buterin sold 1,869 ETH worth about $3.67 million over the past 48 hours. During that span, ETH slipped from $1,988 to $1,875 before trading near $1,916. Earlier in the month he offloaded 6,958 ETH, taking February sales to more than 8,800.

Corporate Bitcoin treasury firms have recorded three straight weeks of net selling, while BTC trades near $66,191 and US spot Bitcoin ETFs see persistent outflows. Analysts warn that continued selling and weak fund inflows could drag Bitcoin toward prior bear market levels, though some view the drawdown as a healthy reset of leveraged positions.

On February 23, 2026, Solana-based AI agent Lobstar drew attention after sending $441K worth of its meme token in response to a social media request for a 4 SOL donation. The recipient sold the entire amount into a pool with $300K liquidity, realizing about $40K due to slippage and briefly crashing the token price. Lobstar later recovered, with its liquidity climbing to $455K, while observers debated whether the event was a genuine mistake or a publicity tactic.

On February 21, Santiment reported XRP registered its steepest on-chain realized-loss spike since November 2022, with the last comparable episode 39 months ago when losses were around $1.93 billion. That capitulation was followed by a 114% eight-month rally; if history rhymes, a comparable rebound could target $2.70–$2.80, though XRP recently traded near $1.39 amid near-term weakness.

Bitcoin briefly traded under $65,000 on Monday after a proposal by US President Donald Trump to lift global tariffs to 15%, while an analyst now places the market in a late-cycle stress phase. Based on this six-stage roadmap, the current sideways period could eventually give way to a capitulation leg, with revised potential downside targets between $35,000 and $45,000 amid deteriorating liquidity conditions.

On February 23, 2026, Novo Nordisk shares fell in premarket trading after the company said CagriSema did not demonstrate non-inferiority to Eli Lilly's tirzepatide in the REDEFINE 4 study. At 5:27 AM EST, NVO traded at $40.99, down $6.43 or 13.56% from the prior close.

In a report on February 23, 2026, the Bank of Korea urged that only licensed commercial banks be allowed to issue won-backed stablecoins at the outset. Options under debate include a bank-led consortium with at least 51% equity control and 100% reserves in high-quality liquid assets, following a February Bithumb error involving $40 billion that heightened stability concerns.