Gate Cryptocurrency News and Market Analysis

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced on February 25th sanctions against Russian exploitation broker Sergey Zelenyuk and his St. Petersburg company Matrix LLC (also known as "Operation Zero"). They are accused of selling stolen U.S. government proprietary network tools, marking the first enforcement case under the Protect American Intellectual Property Act to combat digital trade secret theft.

Bloomberg analyst analysis of the 13F filings for Q4 2025 shows that large institutional investors reporting to the U.S. Securities and Exchange Commission (SEC) collectively reduced their Bitcoin ETF holdings by approximately 25,000 BTC, amounting to nearly $1.6 billion in risk exposure during that quarter. The data reveals that the main sellers are concentrated among investment advisors and hedge funds, while holding companies and government-related entities increased their holdings countercyclically during the same period.

On February 24, President Trump delivered the 2026 State of the Union address at Capitol Hill. The market expects him to reaffirm his crypto-friendly economic policy stance; at the same time, on-chain analyst James Check pointed out that Bitcoin has already shown textbook bottom patterns on multiple mean reversion indicators. Historical data suggests that such levels often signal a significant rebound.