On Feb. 21, on-chain metrics flagged a sharp surge in XRP deposits to Binance led by large holders. According to CryptoQuant contributor Darkfost, more than 31 million XRP flowed in, dominated by the 100k–1M and >1M cohorts, increasing near-term sell-side risk while Bitcoin remains rangebound. XRP briefly fell to $1.33 before trading around $1.3947.

According to crypto analyst Kevin, in recent years Bitcoin has aligned more with software stocks than with any other market. Market watcher Super฿ro sees a bullish setup but warns of a possible bear pennant that could target below $50,000, while holding recent lows could open a recovery toward the $70,000 range. CW adds that an IFP golden cross over the 90-day moving average may signal upside.

On February 23, 2026, Vanda Pharmaceuticals shares surged to $8.17 in premarket trading, up 41.84% from the prior close after the FDA cleared its new drug BYSANTI for adult Bipolar I manic episodes and schizophrenia. The approval, Vanda's second since December 2025, extends patent protection to 2044 and supports plans for a commercial launch in Q3 2026, boosting sentiment around the company's growth prospects.

In 2025, global funding rounds of $50 million or more reportedly totaled about $300 billion, down from over $500 billion at the height of the 2021 boom, with the number of qualifying companies falling to 1,440. According to Crunchbase data, private equity and crossover funds such as Tiger Global and SoftBank Vision Fund sharply cut their mega-round participation, while traditional venture capital firms reclaimed the lead by deal count. AI-focused financings dominated the largest raises, including a $40 billion round for OpenAI, a $14.3 billion deal for Scale AI, and a $13 billion round for Anthropic.

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.