Bitcoin Open Interest drops to a 16-month low.

THE PUETZ CRASH WINDOW IS UPON US The Puetz Crash Window is a market timing theory developed by statistician Steve Puetz. It argues that major market crashes are statistically more likely when a full moon that is also a lunar eclipse follows shortly after a solar eclipse. Puetz observed that eight of history’s largest crashes occurred within six days before to three days after a full moon that fell within six weeks of a solar eclipse. He calculated the odds of that clustering as so small that he labeled it a statistical anomaly and formalized what became known as the “Puetz Crash Window.” Under the framework, markets often peak a few days before the eclipse-linked full moon, drift sideways into the event, and then enter a panic phase lasting two to four weeks. The key setup: • A solar eclipse occurs • The first full moon after is also a lunar eclipse • Markets are already in a bubble or fragile state In 2026, the pattern aligns again. A solar eclipse occurred February 17, 2026. A full moon and total lunar eclipse follows March 3, 2026. Based on Puetz’s model, an idealized market peak would fall 2 to 4 days before the eclipse full moon, placing the high between February 27 and March 2, just before the lunar eclipse trigger date. Of course this not a fundamental or technical indicator and is criticized by many as superstition rather than science. Even Puetz emphasized that eclipses create a high risk window, not a guaranteed crash, and typically only when excess and instability are already present. But there is a vibe in the air...

Stacked Line Up Today | Feb 24th, 2026, starting at 12:30 PM EST 🎙 12:30 PM: Josip Rupena - CEO and Founder at Milo 🎙 01:30 PM: Ryan Kirkley 🎙 02:30 PM: ProblemSniper Make sure to set your alerts!

@Satlantis: Social Events today announced its evolution into a fully fledged, Bitcoin native events platform, positioning itself as a direct alternative to Luma, Eventbrite, and Meetup, built from the ground up with Bitcoin embedded at the object layer.

Bitcoin News

Satlantis Launches as a Bitcoin-Native Alternative to Luma, Eventbrite and Meetup

Every event, every user, every calendar, comes with a Bitcoin wallet built in.

Our Line Up Today | Feb 23rd, 2026, starting at 12:30 PM EST 🎙 12:30 PM: Annelise Osborne 🎙 01:30 PM: Brian Hirschfield Make sure to set your alerts!

Our latest newsletter is live! Bitcoin’s Lightning Network Is Thriving With $1B+ Monthly Volume Check it out.

Bitcoin News

Bitcoin’s Lightning Network Is Thriving With $1B+ Monthly Volume

While critics call it dead, River’s data shows Lightning powering real activity across the expanding Bitcoin economy.

BESSENT: 10% of the Federal budget goes towards fraud.

We may be in the middle of a Bitcoin winter, but the Lightning Network has never been hotter. Get the full breakdown in tomorrow’s newsletter, delivered at 7am ET. Join 50,000 Bitcoiners who start their week with our weekly Bitcoin News download 👇

Bitcoin News

Subscribe | Bitcoin News

A highly curated list of Bitcoin news and updates, delivered straight to your inbox every week.

NEW: OpenClaw founder Peter Steinberger banned a contributor for simply mentioning the word “Bitcoin” on the OpenClaw server. The user was referencing Bitcoin’s block height as a clock, not even using it for transactions. Steinberger says he hates “crypto.” At some point, he may have to learn the difference between crypto and Bitcoin.

Over 400,000 Bitcoin were accumulated between $60,000 and $70,000. This is the cushion absorbing sell pressure every time price dips. Don’t be so confident you’ll get another chance to buy much lower.

Instead of requiring bitcoin collateral, @npub15klk...4m73 sets limits using real-time payment data, letting firms spend sats instantly and repay later from a bank account.

Bitcoin News

Voltage Launches USD-Settled Credit Line Backed by Lightning Network

Instead of requiring bitcoin collateral, Voltage sets limits using real-time payment data, letting firms spend sats instantly and repay later from ...

NEW: “I’m a huge proponent because I do think it hits $1M dollars. Go back two years. Bitcoin was at $16,000. Where is it at right now, $70,000?” says Eric Trump.

Bitcoin to post consecutive declines in January and February for the first time in history.

Stacked Line Up Today | Feb 20th, 2026 starting at 12:30 PM EST FIRST EVER BITCOIN WINE TASTING LIVE STREAM 🎙 12:30 PM: Ben Justman - Founder of Peony Lane Wine Make sure to set your alerts!

NEW: Bitcoin could record an average annual return of 28% over the next ten years, per Bitwise CIO Matt Hougan.

STABLECOIN YIELD EFFECTIVELY OFF THE TABLE AS WHITE HOUSE TAKES CONTROL OF TALKS Sources say today’s stablecoin meeting was smaller than last week and included representatives from Coinbase, Ripple, a16z, and major crypto trade groups. No individual banks attended. Bank interests were represented through national banking associations. Public messaging from attendees was once again described as “productive” and “constructive.” But sources say there was a notable shift. The White House led the discussion directly, rather than allowing crypto firms and banking trade groups to steer the agenda as in prior meetings. The White House Crypto Council Executive Director brought draft legislative text that became the focal point of the conversation. The draft acknowledged bank concerns raised in last week’s yield and interest prohibition principles document, while signaling that any future restrictions on rewards would be narrow in scope. However, earning yield on idle stablecoin balances appears to be off the table. The savings account style model is effectively dead. The debate has now narrowed to whether firms can offer rewards only when tied to specific activities such as lending or structured use cases. One crypto-side attendee said bank resistance appears driven more by competitive pressure than fears of deposit flight, which had been the original concern. A bank-side source said trade groups are still pushing to include a formal deposit outflow study examining whether payment stablecoins could reduce traditional bank deposits. The draft text would grant enforcement authority to the SEC, Treasury, and CFTC to police a ban on idle balance yield, with civil penalties of up to $500,000 per violation per day. Bank trade groups will now brief members and assess whether compromise is possible on activity based rewards. Talks are expected to continue in the coming days. Sources say an end of month agreement is realistic. The White House has set a March 1 deadline to move the broader crypto market structure bill forward. Despite the yield restrictions, the overall framework is still viewed by many as positive for the industry. It would clarify custody rules, exchange oversight, token classification, and the respective roles of the SEC and CFTC, reducing regulatory uncertainty that has limited institutional participation. For crypto firms, clearer rules could unlock longer term capital, even if certain yield models are restricted.

EUROPEAN NEOBANK DEBLOCK BRINGS SELF-CUSTODY BITCOIN TO 300K USERS WITH BREEZ SDK Founded in 2024, Deblock has quickly grown into a sizable European neobank, led by former executives from Revolut and Ledger. On the banking side, Deblock is already licensed as an electronic money institution with the Banque de France and holds a MiCA license from the AMF. Users get current accounts, IBANs, debit cards, and full neobank functionality. But integrating full self-custody Bitcoin into that framework proved the real challenge. On-chain BTC preserves sovereignty but can be slow and costly. Lightning is faster, yet complex for mainstream users. Custodial solutions reduce friction but introduce counterparty risk and regulatory burdens. With roughly 50% of user assets held in Bitcoin, Deblock says compromise was not an option. The solution: integrating the Breez SDK with its Spark implementation, enabling near-instant transfers, negligible fees, built-in self-custody, offline payments, and Lightning-level speed without requiring users to manage channels or routing nodes.

Stacked Line Up Today | Feb 19th, 2026 starting at 12:30 PM EST 🎙 12:30 PM: Joe Consorti 🎙 01:30 PM: Andrew McCormick Co-hosts: - Publius Nakamoto - Infra Make sure to set your alerts!

FEDERAL RESERVE ADMITS NEW KALSHI IS A BETTER FORECASTER THAN PROFESSIONAL ECONOMISTS A new Fed study reveals Kalshi’s forecasts for the federal funds rate and CPI have outperformed both Fed funds futures and professional economist surveys. Unlike traditional tools, Kalshi provides a continuously updated full probability distribution rather than a single point estimate. Notably, the most likely outcome in Kalshi’s distribution has matched the actual fed funds rate on the day of every FOMC meeting since 2022.

Receipts 🧾