| | Polygon flips Ethereum in daily fees—Polymarket is the driver | ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ | View in browser | | | | | | February 17, 2026 | | | | Your Daily Digest of the π₯Hottest News in Crypto | | | | Today's top stories π Bitcoin fear-and-greed hits four-year lows, flashing oversold signals π― Polymarket drives over $1M in weekly fees on Polygon π Darknet markets increasingly go Monero-only as XMR support rises in 2025 π° Keep reading for all of today's biggest headlines | | | | Crypto sentiment hits extreme fear as Matrixport flags possible bottom Crypto market sentiment has plunged to extreme fear levels, with Matrixport noting historically oversold signals that often coincide with seller exhaustion and potential short-term rebounds. Its Bitcoin "fear and greed" measure shows a pattern consistent with "durable bottoms" as the 21-day moving average has dipped below zero and begun to turn up, though the firm warns further downside is still possible. Other indicators echo the stress—Alternative.me's index is near its lowest since 2022, and Bitcoin is trading about two standard deviations below its 20-day norm, a rare extreme that has previously preceded short-term bounces.
| | | | | | | | | | Polygon daily fees flip Ethereum amid prediction market boom Polygon briefly surpassed Ethereum in daily transaction fees over three days, driven largely by a surge of activity on prediction market Polymarket, according to Token Terminal. Fees peaked Friday at about $407,100 on Polygon versus $211,700 on Ethereum, marking the first time Polygon has "flipped" Ethereum, before narrowing on Saturday. Analysts say Polymarket generated over $1 million in fees on Polygon in the past week and is also boosting stablecoin usage, with the network hitting a weekly high of 28 million USDC transactions. | | | | | | | | | | Cointelegraph is proud to partner with Start In Block startup competition by Paris Blockchain Week.Start in Block brings together the most promising startups to compete for $10M+ in prizes and a chance to pitch live at the Louvre. | | | | | | | | | | | | Monero use holds despite delistings as darknet markets shift to XMR TRM Labs reports that Monero transaction activity in 2024–2025 has stayed above pre-2022 levels despite major exchange delistings and new regulatory bans, suggesting demand remains resilient. While Bitcoin is still the main currency used for real-world ransomware payments, darknet markets are increasingly shifting to XMR, with 48% of newly launched markets in 2025 supporting only Monero. The study also flags unusual behavior from 14%–15% of Monero nodes that could give investigators network-level clues, prompting Monero's Fluorine Fermi update to improve peer selection and reduce exposure to potential "spy nodes." | | | | | | | | | MARKET ANALYSIS | | | | ETH chart pattern projects rally to $2.5K if key conditions are met: Data Ether fell below $2,000 to start the week and is down about 20% in February, but onchain signals suggest strengthening demand. More than 2.5 million ETH moved into accumulation addresses this month, staking now accounts for over 30% of supply, and weekly transactions hit a record 17.3 million while median fees dropped to about $0.008—indicating higher usage at far lower costs than the 2021 peak. Technically, analysts point to an "Adam and Eve" bottom forming on the 4-hour chart, with a breakout above the $2,150 neckline needed to confirm a move toward roughly $2,473–$2,634. Derivatives data shows open interest has fallen to $11.2B, but leverage remains high and positioning is long-heavy; liquidation maps show sizable short liquidations above $2,200, raising the odds of an upside squeeze, while $1,909 is flagged as a key downside level that could be tested before any rebound.
| | | | | | | | 4.6 million people follow us on social media. You should too. | | | | | | | | | Cointelegraph DMCC, Business Centre, Level No 12, Uptown Tower Dubai, United Arab Emirates | |
| | | You received this email because you signed up on our website. | | Download our official app: | | | | | | | | | | | | | | | |