In the past hour, total liquidations across the network reached $29.89 million, with $25.01 million from long positions, with $4.88 million from short positions. BTC liquidation $12.81 million, ETH liquidation $7.63 million.

Odaily Planet Daily reports that crypto journalist Eleanor Terrett, writing on the X platform, stated that U.S. Representatives Scott Fitzgerald, Ben Cline, and Zoe Lofgren jointly introduced the "Blockchain Innovation Promotion Act of 2026," aimed at protecting software developers from criminal liability under Section 1960 of the United States Code. The bill explicitly states that Section 1960 applies only to entities that control customer funds, not just developers who write code. This distinction is precisely what the crypto industry (especially DeFi) has been pushing for to be included in the Clarity Act. While Section 1960 originally targeted escrow fund transfer institutions, recent cases (such as Tornado Cash and Samourai Wallet) have applied it to non-escrow software developers who do not control user funds, sparking conflict between crypto builders and regulators.

According to Lookonchain's monitoring and analysis, 12 wallets suspected of being insiders profited a total of 102 million by betting on ZachXBT, a project exposed for insider trading. The amount involved is tens of thousands of US dollars, and the wallet addresses involved include: 0x1d9af60c679cd0b577c3c4ccb4b1a4be4174426d0xe56526b27b96f009b31ddb46558a134047bfce480x054ec2f0ccfdae941886a3ed306635068c7166390x6d6affce1ed04a0e9611484daf1cef5cbcf3fb400x581f34349babaf03b2d3c8f5f60cf44ffbe19a3a0x5e524f43357198fa815e6766f02fe686b 444b0640x572c8005aa033237175f16de725969b044cd03830xaab29084bcc42 daff9e11b4a5a4cc55cda3eb3060x98a96619e482700e83e8486e4f3727dba17f 53810xeeff2d748ad5efcfbbb3c8858f608d6b6321a3980xd9eab53eaba81333045da5bd84ce6c833f721e890xff55beaf369387d7748a31213699a51f1ca8b877

According to Odaily Planet Daily, Rekt Capital analysis indicates that BTC price encountered resistance at the $68,000 trendline and weakened momentum after falling below $70,000. TradingView data shows that BTC/USD fell by more than 1% on the day, having previously touched the 200-week exponential moving average (EMA) and the all-time high of 2021 at $70,040, but failed to hold. Rekt Capital stated that the 200-week EMA has now become a resistance level. Historical data shows that if Bitcoin continues to fall below this level, the price tends to decline further. The liquidity ladder below $69,000 has been exhausted, and the momentum has been lost. Yesterday's rally pushed the price to the previous cycle high and the 12-hour trendline before being retraced. The trend remains clear, and caution is advised. Rekt Capital further points out that the shortest Bitcoin bear market lasted 365 days, and it has currently entered its 140th day, meaning it is not yet time to exit the bear market. Historically, bear markets typically see declines of around 80%, and BTC's largest retracement from its October 2025 high of $126,200 to its 15-month low in February was approximately 53%. (Cointelegraph)

Huoxun Finance reported on February 26th that HyperLend announced on the X platform that its native token, HPL, has officially launched on Hyperliquid. HyperLend reminds users that HPL is a trading code and is currently only traded on the Hyperliquid platform. Users should carefully verify the code and links before trading to avoid scams. Previously, in January, HyperLend announced the HPL token economic model and allocation, and disclosed that it had completed a $1.7 million funding round to date.