According to Odaily Planet Daily, Eric Balchunas, a senior ETF analyst at Bloomberg, wrote on the X platform that Bitcoin ETFs attracted approximately $500 million in inflows yesterday, the largest single-day increase in recent times. Over the past two days, cumulative inflows have reached approximately $750 million. At a time of strong market pessimism, he described this inflow as "like hitting a home run in a low point of the game," providing a boost to the market. Year-to-date, Bitcoin ETFs have still seen net outflows of less than $2 billion, but it remains unclear whether this marks the beginning of a genuine rebound or a short-lived "dead cat bounce."

Odaily Planet Daily reports that Bitcoin mining company DMG Blockchain released its unaudited financial results for the first quarter of fiscal year 2026. Revenue was CAD 11.2 million, a 2% decrease quarter-over-quarter and a 4% decrease year-over-year. A total of 69 Bitcoins were mined in the quarter, lower than the 72 in the previous quarter and the 97 in the same period last year. Hashrate rose to 1.76 EH/s, a 10% increase quarter-over-quarter. The company held CAD 58.6 million in cash, short-term investments, and digital assets, a 10% decrease from the end of the fiscal year. Total assets were CAD 122 million, an 8% decrease quarter-over-quarter. Net loss was CAD 2.2 million (loss per share of CAD 0.01), narrowing from a net loss of CAD 3.1 million in the same period last year. However, due to changes in the fair value of digital assets, consolidated net profit turned from a profit of CAD 12.2 million in the same period last year to a loss of CAD 16.5 million. (Globenewswire)

According to Bernstein, Circle is no longer seen as a mere "proxy investment" for crypto assets, but has transformed into a fintech infrastructure service provider, reflecting a profound shift in the company's business positioning. Circle's Q4 2025 financial report showed significant revenue growth—total revenue for the fourth quarter reached approximately $770 million, a 77% surge year-over-year. CEO Jeremy Allaire stated in the earnings call that the company is currently in the early stages of a fundamental transformation in how the global economic system operates, with the future economy becoming more internet-connected and highly automated. Bernstein's analyst team believes Circle will play a key role in this evolution and reaffirmed its "Outperform" rating and $190 price target in their latest research report, suggesting significant upside potential for the stock. Analyst Gautum Chhugani and his colleagues noted in their report that Circle's Q4 performance clearly diverged from the overall crypto market trend, emphasizing that the company is moving towards becoming a core internet infrastructure provider, rather than simply a stablecoin or crypto token business. (Dlnews)

Odaily Planet Daily reports that decentralized derivatives platform Lighter responded on its X platform to a failed attack by a whale attempting to go long on ARC. The LLP Strategies mechanism underwent its first real-world test in the past few hours, demonstrating that the system functioned as expected, protecting both LLP holders and traders' interests. A trader established a large long position relative to the market size on an ARC perpetual contract, with approximately 600 other traders and market makers assuming the counterparty position on the platform. The open interest ultimately reached 50 million USDC. LLP Strategies limited downside risk through "strategy isolation" while preserving upside potential during price rebounds. Ultimately, the large long position holder lost approximately 8.2 million USDC, with LLP losses limited to 75,000 USDC. The short position holder who took the risk profited. Lighter stated that this incident validated the risk isolation and loss cap control capabilities of LLP Strategies under extreme market conditions.

Odaily Planet Daily reports that Bitcoin retreated after a strong surge to $70,000 in the US session on Wednesday, trading around $68,600 in the Asian session on Thursday, failing to hold above the key psychological level. Since the end of February, BTC has maintained a range-bound trading structure, having dipped to $62,500 this month and reached $71,100 on February 15th. Market analysts point out that Bitcoin broke out of a similar trading range in January, but subsequently fell rapidly from $98,000 to $60,000, forming lower highs in this downward cycle, causing some traders to remain cautious about the sustainability of the current breakout. Derivatives data shows that the total open interest (OI) in the crypto futures market increased by over 6.6%, approaching $100 billion, exceeding the overall market capitalization growth, indicating new capital inflows. In the options market, Deribit data shows that the Bitcoin rebound boosted demand for call options with strike prices between $85,000 and $90,000. However, the overall options structure still leans towards put protection, with $60,000 put options currently the most popular position, boasting a notional open interest exceeding $1.4 billion, indicating that the market remains wary of downside risks. (Coindesk)