According to a recent analysis by crypto economist Timothy Peterson, Bitcoin still possesses structural upside potential amid the current bear market correction. The data shows that 50% of the past 24 months have recorded positive returns (according to CoinGlass data, positive return months in 2025 include April, May, June, July, and September). This indicator suggests a high probability of a positive return inflection point within any 24-month cycle. Peterson extrapolates that there is an 88% probability that Bitcoin will be higher than its current level in the next 10 months (until December 2026). He emphasizes that this statistical model suggests the market may be approaching a turning point, rather than continuing its downward trend. Currently, Bitcoin is priced at approximately $68,173, down nearly 25% from its year-to-date high, erasing most of the gains following the 2024-2025 US election. The Crypto Fear & Greed Index has fallen to "Extreme Fear" at 9 points, and social media Bitcoin prediction activity is waning (Santiment data), indicating a neutral sentiment. (Cointelegraph)

Huoxun Finance reported on February 22nd that a new report from blockchain analytics firm Elliptic indicates a Russian-linked "shadow network" of cryptocurrency exchanges is circumventing international sanctions through large-scale crypto transactions. The report names five platforms, most of which are not yet sanctioned and continue to provide Russian entities with funding channels bypassing traditional banking regulations. ABCeX is identified as the largest of these, having processed at least $11 billion in cryptocurrency transactions. The report also points out that while Exmo claims to have withdrawn from the Russian market, on-chain data shows it still shares custodial wallet infrastructure; Rapira, registered in Georgia and with an office in Moscow, is alleged to have over $72 million in direct transactions with the sanctioned exchange Grinex; Bitpapa evades detection by frequently changing wallet addresses; and AiforyPro provides cash-to-crypto services in Moscow, Dubai, and Turkey. The analysis suggests that the cryptocurrency-related sanctions-circumventing infrastructure previously targeting Russia has not disappeared but has instead spread to more platforms.

Huoxun Finance reported on February 22 that the IoTeX team announced it has contained the recent security incident and strengthened the IoTeX chain. Preliminary data shows the attack caused approximately $2 million in losses, including USDC, USDT, IOTX, and WBTC. Investigations indicate this was a sophisticated, long-planned attack by professional hackers targeting multiple chains. The team is cooperating with exchanges and law enforcement to freeze stolen funds and conduct tracing and recovery efforts. On-chain operations and deposit functions are expected to be restored within 24-48 hours, and the team will continue to provide transparent updates. Previously, it was reported that IoTeX hackers began converting stolen funds into ETH and then swapping them for BTC via Thorchain.

According to Odaily Planet Daily, KalshiData stated on the X platform that Kalshi's cumulative nominal transaction volume has exceeded $43 billion, reaching $43.107 billion.

According to Odaily Planet Daily, KalshiData stated on its X platform that as of February 18th, Kalshi's monthly notional trading volume was approximately $6.5 billion, with a daily average of approximately $361 million. If this pace continues, Kalshi's notional trading volume in February is projected to reach $10.1 billion. Previous reports indicated that Kalshi's notional trading volume in January exceeded $9.5 billion, setting a new record for monthly trading volume.