The cryptocurrency market has reversed most gains achieved after the 2024 U.S. election, now roughly 40% below its October 2025 peak. Total3 rose more than 91% to $1.16 trillion by December 2024 before slipping toward about $713 billion, while Bitcoin and Ether also saw drawdowns of over 50% and about 60%, respectively.

On February 21, 2026, the FBI's Internet Crime Complaint Center highlighted a surge in ATM "jackpotting" attacks in the US. The agency says more than 1,900 incidents have been recorded since 2020, with over 700 cases in 2025 alone causing losses exceeding $20,000,000. Criminals allegedly use generic keys and malware to override bank authorization and trigger ATMs to dispense cash, prompting the FBI to urge financial institutions to strengthen physical and software security.

On Friday, the U.S. Supreme Court curtailed President Donald Trump’s IEEPA tariff authority, and he later announced a new 10% global tariff. Lawmakers and analysts argued the measures function as taxes on families and small businesses, while Bitcoin rose about 3% and broader crypto gauges showed little movement after the announcement.

BlackRock is preparing the iShares Staked Ethereum Trust (ETHB), an ETF designed to generate yield via Ethereum staking. The fund plans to stake 70%–95% of holdings, maintain a 5%–30% liquidity sleeve, and distribute 82% of staking rewards to investors, with a 0.25% sponsor fee. It is widely expected to launch in H1 2026.

A 30‑day MVRV snapshot places Ethereum at -14.3%, the most undervalued among major caps, followed by Bitcoin at -6.9%, Chainlink at -5.1%, XRP at -4.1%, and ADA at -2.0%. Recent readings also note ETH struggling near $2,000 and BTC at $68,000, 46% below its last all‑time high.

On February 21, 2026, Strategy CEO Michael Saylor stuck to a no‑sale approach, even as the firm's 717,131 BTC position and a reported $12.4 billion net loss drew attention. Bitmine's Tom Lee also stayed constructive on Ethereum, while CryptoQuant data showed whale cohorts' unrealized profit ratios turning negative amid ETH's pullback.

Grubhub will distribute $10.00 site credits, up to $5 million, to settle claims over delivery fees and menu prices in California. The alleged conduct covers January 24th, 2019 to January 12th, 2026, and customers who ordered via Grubhub or Seamless to a California address can file claims by May 12th, with a final approval hearing on April 29th.

On 21 February 2026, Bitwise Asset Management CIO Matt Hougan reaffirmed Bitcoin, Ethereum, Solana and Chainlink as the firm's core crypto assets for the current market cycle. He argues these networks form the backbone of a maturing digital asset economy, with Bitcoin and Ethereum dominating and Solana and Chainlink positioned as high-upside infrastructure plays. Bitwise's index fund allocations and planned products mirror this focus, concentrating heavily on BTC and ETH while maintaining smaller positions in SOL and LINK.