Magic Eden to shut Bitcoin and EVM marketplaces and wallet as it pivots to 
Solana and iGaming platform Dicey.
The post Magic Eden to shut down Bitcoin and EVM marketplaces, pivot to Solana 
and iGaming appeared first on Crypto Briefing.

Magic Eden to shut down Bitcoin and EVM marketplaces, pivot to Solana and iGaming

Hyperliquid price remains under corrective pressure after forming another 
macro lower high near key resistance, raising the probability of a move toward 
$22 support.

Hyperliquid price forms macro lower high, $22 downside target emerges

Bitcoin tumbled from $68,000 to a floor of $65,500, wiping out recent gains 
and leaving the asset down 3.5% for the week. This puts bitcoin on track to 
close February in the red, marking a 25% decline since the start of 2026. The 
Intraday Bleed On Feb. 27, the final weekday of the month, bitcoin […]

Bitcoin’s 2026 Slide Deepens: BTC Drops to $65K as $70K Level Becomes ‘Demand Vacuum’

Most crypto funds have been losing investors lately. XRP hasn&#8217;t gotten that 
memo. While Bitcoin and Ethereum exchange-traded funds have faced weeks of 
steady outflows, XRP-linked products have quietly been doing something 
different — attracting fresh money even on the market&#8217;s worst days. Related 
Reading: Is Bitcoin The Poor Man’s Hedge Against Inflation? Coinbase CEO 
Thinks So XRP Takes Half Of All New Altcoin ETF Money According to Canary 
Capital CEO Steven McClurg, XRP is capturing roughly 50% of all new capital 
flowing into altcoin ETFs. That&#8217;s a commanding share of a market that includes 
several competing assets. Solana comes in second, drawing around 30% of fresh 
inflows, while Hedera accounts for the remaining 20%. McClurg made the 
comments publicly, pointing to XRP&#8217;s staying power at a time when investor 
confidence across the broader crypto market has been shaky at best. The 
numbers behind that claim are hard to dismiss. Reports show that so far this 
month, XRP ETFs have recorded negative flow days on just three occasions. 
Bitcoin ETFs, by comparison, have posted outflows on nine separate trading 
sessions during the same period. That gap tells a story about where some 
investors are choosing to put — or keep — their money right now. 🚨 BREAKING: 
Canary Capital CEO just dropped something the market isn&#8217;t ready for.$XRP 
quietly absorbing capital while BTC &amp; ETH see outflows. Even on red days. Even 
when Bitcoin ETFs bled. 😎 https://t.co/MrCwbmUnPC pic.twitter.com/xEAMaMm80e — 
Xaif Crypto🇮🇳|🇺🇸 (@Xaif_Crypto) February 25, 2026 Last week offered perhaps 
the clearest snapshot of this divide. Bitcoin and Ethereum investment products 
together shed $250 million in outflows. XRP, meanwhile, pulled in $3.5 
million. Modest in size, but striking given the conditions surrounding it. 
Steady Inflows Since Launch Reports say XRP ETFs got off to a strong start 
when the first spot product was listed on Nasdaq in mid-November last year. 
From that point through January 7, 2026, inflows came in consistently without 
a single day of net outflows — an unbroken streak that lasted nearly two 
months. That first outflow day in January was an exception to an otherwise 
clean run. Since then, XRP funds have largely held their footing while 
competing products struggled. The cumulative result of that run: $1.24 billion 
in total net inflows, with assets under management now sitting at a little 
over $1 billion. Among the individual products, the Canary XRP ETF leads with 
$280 million in net assets. Bitwise&#8217;s XRP ETF trails narrowly at $278 million 
— a gap thin enough that the rankings could easily shift with a few strong 
trading days. Bitcoin and Ethereum ETFs have faced sustained selling pressure 
for months. New buyers have been hard to come by. XRP funds stepping into that 
environment and continuing to attract capital — rather than lose it — is a 
departure from what most of the market has been experiencing. Related Reading: 
Aave Crosses $1 Trillion In Loans — No Bank Required A Shift In Where 
Investors Are Looking Reports from Canary Capital suggest the pattern reflects 
something more than short-term trading behavior. Investors appear to be 
reallocating toward assets they see as having specific utility, with XRP&#8217;s 
established role in cross-border payments drawing attention from both 
institutional and retail buyers. Featured image from Vecteezy, chart from 
TradingView

XRP Emerging As Safe Haven? CEO Points To Steady Inflows As BTC, ETH Struggle

Analysts dispute claims of a daily Jane Street Bitcoin dump as spot Bitcoin 
ETFs post three days of inflows and DeFi debates shift to real revenue.

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