Bitcoin Knocks on $70k..

DAILY MARKET OVERVIEW

Fear Still in Control

👋 Hey, Crypto Enthusiasts! Another attempt, another rejection. Let’s break it down.

After a solid two day push higher, BTC ran straight into resistance and quickly rolled back over. On the surface it looked like momentum was building, but zooming out, we’re still stuck in the same range. Every reclaim attempt so far has been sold into rather than accepted above.

For now, more sideways chop is the most likely scenario. There’s still room for a squeeze toward the $75k area sometime in March. But even if that happens, it could simply be another relief rally before continuation lower.

Sentiment hasn’t improved much either. Fear remains elevated. The AI narrative keeps growing in mindshare, the four year cycle ending, tariffs, and ongoing geopolitical tensions are all adding pressure.

Confidence is fragile, and traders are quick to de risk at the first sign of weakness.

A common view right now is that if equities start breaking down, crypto will accelerate to the downside and only then find a proper bottom.

But that outcome isn’t guaranteed. Crypto could already be front running a broader risk asset decline and carve out a bottom earlier, even if stocks continue drifting lower.

A clear decoupling from equities would be one of the key signals to watch for.

Until then, patience matters. This isn’t the environment to chase green candles or try catching falling knives.

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SOCIAL SENTIMENT

ZachXBT Names Axiom in Insider Trading Investigation

The biggest story this week centers on ZachXBT and his investigation into Axiom.

Axiom is a crypto trading platform founded in 2024. It quickly became one of the most profitable startups in the space, generating more than $390 million in revenue.

Now it’s facing insider trading allegations.

Crypto investigator ZachXBT says several Axiom employees abused internal tools to view private wallet activity and trade on that information.

• According to his findings, certain staff could see a user’s full wallet list, transaction history, linked accounts, and wallet nicknames through an internal dashboard. In audio recordings, they allegedly said they could look up any user by referral code, wallet address, or account ID.

The alleged profit strategy was straightforward.

If you can see what large traders or influencers are buying before others notice, you can buy first. When that trader promotes the token or the market follows, the price rises. You then sell at a profit. That is insider trading: using non public information to get ahead of the market.

ZachXBT says employees compiled lists of private wallets belonging to key opinion leaders.

If employees used private user data to front run trades, regular users were put at a disadvantage. ZachXBT also criticized what he described as weak access controls inside the company.

There are no confirmed charges at this stage. But if proven, the behavior would represent a serious breach of user trust and could carry legal consequences.

NEWS OVERVIEW

The Latest Crypto Headlines 📰 

MetaMask and Mastercard Launch Self-Custodial U.S. Crypto Card
MetaMask partnered with Mastercard to launch a nationwide payment card offering up to 3% cashback in mUSD while keeping users in full control of their assets.

U.S. Authorities Seize $580M in Crypto Linked to Scam Networks
A federal strike force froze over $580 million tied to Chinese crime groups behind large-scale crypto investment fraud schemes targeting U.S. victims.

Block Cuts 40% of Workforce in AI-First Restructure
Block slashed nearly 4,000 jobs as Jack Dorsey pivots to a smaller, AI-driven strategy, with shares jumping more than 20% after hours.

Minnesota Moves to Ban Crypto Kiosks Over Fraud Concerns
Minnesota lawmakers introduced a bill to ban crypto kiosks statewide following rising reports of elder fraud linked to the machines.

YOUTUBE INFLUENCER SUMMARY

Summary From The Top Influencers 📷️ 

Benjamin Cowen – Bitcoin: Midterm Year Returns (27.02.2026 Summary)

Benjamin Cowen says the current Bitcoin bounce looks very similar to past midterm years. He warns that this is likely a typical February low into early March rally, not the start of a new bull market.

Key Points

• In past midterm years (2014, 2018, 2022), BTC formed a low in February, then rallied into early March, often topping around March 2 to 5.

• 2026 is tracking the average midterm year pattern closely, even within one standard deviation of historical ROI.

• Historically, after that early March rally, BTC tends to cool off or bleed into April and May.

• Even a move back to ~74K to 75K would still fit the historical pattern and would not signal a new all-time high cycle.

• Cowen cautions against chasing narratives. News explanations change, but the cycle structure repeats.

• Many investors who stayed bullish late last year are emotionally attached to calling every rally the start of a new bull run.

• Midterm years typically do not produce durable new highs, even though Bitcoin eventually recovers in later years.

Final Takeaway
This rally likely fits the standard midterm year playbook: February low, early March bounce, then more downside or sideways action later. Stay realistic, don’t chase hype, and understand where we are in the broader cycle.

Paul Barron – Stablecoin Yields BANNED Before CLARITY Act!!? (27.02.2026 Summary)

Paul says the Clarity Act is likely passing, but with a major twist: stablecoin yields could be banned, handing power back to banks.

Key Points

• Polymarket odds for Clarity jumped toward ~70%, signaling strong expectations it passes soon.

• The OCC’s proposal under the Genius Act framework would ban yield on stablecoins, removing interest-style rewards.

• This benefits banks and traditional finance, not crypto-native platforms.

• Coinbase could win from regulatory clarity and onboarding, but lose stablecoin yield revenue.

• Stablecoin yields disappearing means less incentive to hold funds onchain, possibly shifting users back to bank deposits.

• Bitcoin ATMs may face tighter KYC/AML rules, 72-hour holds, and stricter reporting under Bank Secrecy Act updates.

• Prediction markets like Kalshi enforcing aggressive penalties signal growing centralized enforcement.

• Broader theme: crypto is being pulled deeper into traditional finance rails.

• Long term tension: short-term pump potential from clarity, long-term concerns about overregulation and reduced decentralization.

Final Takeaway
Clarity may pass, but at the cost of banning stablecoin yields and tightening controls. Short term bullish for price and institutions, long term more centralized and bank-aligned than many in crypto expected.

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