Derivatives don’t mint new Bitcoin, analysts say, pushing back on viral claims that state paper BTC has broken the 21-million cap. A market analysis viewed almost 5 million times on X states that Bitcoin derivatives have turned the cryptocurrency’s 21-million-supply cap into a “theoretically infinite” one. Past Bitcoin (BTC) falls had a clear catalyst, but sharp drops in the opening months of 2026 have sparked several theories, ranging from digital asset treasuries (DATs) blowing up under pressure to a lingering hangover from October’s mass liquidation cascade. Robert Kendall, author of “The Kendall Report,” claimed he cracked it in his viral X post. He argued that Bitcoin’s valuation logic based on fixed supply “died” once cash-settled futures, exchange-traded funds (ETFs) and other financial instruments were layered on top of the asset. Read more
A solo Bitcoin miner hit a rare jackpot of more than $200,000 after validating a block through $75 worth of rented hashrate. A solo Bitcoin miner notched a rare win by validating an entire Bitcoin block, securing a huge payday using a hobby-level mining operation and on-demand hashrate. The miner earned the 3.125 Bitcoin (BTC) block reward, worth about $200,000 at current prices, after successfully mining block 938092, according to blockchain data and a post from Bitcoin mining firm Braiins. Braiins said the miner relied on on-demand hashrate, spending about 119,000 satoshis, about $75 at the time, to rent 1 petahash per second of computing power and paying a small solo-mining fee in the process. The miner used CKPool, a service that lets individual miners work independently while using a pool server to broadcast work and submit solutions, the company said. Read more
Arkham data shows the Ethereum co-founder’s attributed wallets fell from about 241,000 ETH to 224,000 ETH this month. Ethereum co-founder Vitalik Buterin has reduced his Ether balance by about 17,000 ETH in one month after announcing plans to earmark $45 million worth of tokens for privacy projects. Buterin’s wallets tracked by Arkham held about 241,000 Ether (ETH) in early February, before a series of outflows reduced the combined balance to 224,000 ETH on Tuesday. The reduction comes amid continued selling by Buterin, including about 2,961 Ether worth $6.6 million over a three-day period earlier in the month. Onchain analysts reported that this accelerated recently as he sold $7 million worth of tokens in the past three days. Read more