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Polygon Surpasses Ethereum in Daily Fees as Polymarket Bets Surge

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TLDR Polygon surpassed Ethereum in daily transaction fees for the first time ever, with $407,100 in fees compared to Ethereum’s $211,700. The surge in Polygon’s fees was driven by significant activity on Polymarket, especially surrounding Oscar betting. Polymarket recorded over $15 million in wagers on a single Oscar category over the weekend, contributing to Polygon’s fee growth. Polygon’s average transaction fee is around $0.0026, significantly lower than Ethereum’s fee of about $1.68. Ethereum’s recent volatility, driven by large whale movements, created a more favorable environment for Polygon’s fee surge. Polygon recently surpassed Ethereum in daily transaction fees, marking a significant shift in blockchain activity. This occurred when Polygon’s network recorded $407,100 in transaction fees on Friday, compared to Ethereum’s $211,700. The increase in Polygon’s revenue coincided with the surge in activity on Polymarket, particularly with Oscar betting. Polymarket Drives ...
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Elon Musk’s SpaceX Enters Pentagon’s $100 Million Drone Technology Race

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TLDR Elon Musk’s SpaceX and xAI join Pentagon’s competition for autonomous drone technology Six-month contest offers $100 million to develop voice-command drone systems Competition launched January 2026, requires technology to control multiple drones simultaneously Musk signed 2015 letter opposing autonomous weapons before entering this contest SpaceX merged with xAI before planned IPO and competition announcement SpaceX and its subsidiary xAI are competing in a Defense Department contest focused on autonomous drone systems. The program seeks voice-controlled technology capable of managing multiple drones at once. BREAKING: SpaceX and xAI Enter Pentagon’s $100M Autonomous Drone Swarm Contest >voice-controlled AI directing drone swarms across air and sea Six-month competition to build AI that translates voice commands into drone swarm instructions. >pentagon official: AI “will… pic.twitter.com/1vieBImWQT — NIK (@ns123abc) February 16, 2026 The Pentagon introduce...
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Mike McGlone Forecasts Bitcoin Price Could Fall to $10,000 Amid Economic Concerns

TLDR Mike McGlone warns that Bitcoin could drop to $10,000 due to rising recession risks in the U.S. The long-standing “buy the dip” mentality may no longer support risk assets, including cryptocurrencies. McGlone highlights Bitcoin’s volatility and predicts a potential reversion to $56,000 before a possible $10,000 decline. Broader market instability, including low volatility in major stock indices, contributes to the ongoing crypto price decline. Jason Fernandes disagrees with McGlone’s forecast, suggesting a $40,000 to $50,000 price range instead of a collapse to $10,000. Bloomberg Intelligence’s Mike McGlone has raised concerns about the future of Bitcoin . In a recent analysis, he suggested that the ongoing decline in cryptocurrency prices could signal broader financial stress. McGlone also warned that Bitcoin could revert to as low as $10,000, especially if a U.S. recession becomes more likely. The analyst observed that the market’s traditional “buy the dip” mentality, ...
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Tokenized Real-World Assets See 13.5% Growth Amid Crypto Market Slump

TLDR The total value of tokenized real-world assets increased by 13.5% over the past 30 days. Ethereum led the growth in tokenized assets, with a $1.7 billion rise in value. Tokenized US Treasuries and government debt remain the largest category in the market. Institutional participation is growing, with major players like BlackRock and JPMorgan entering the space. Tokenized money market funds are evolving, now serving as collateral in trading and lending markets. Tokenized real-world assets (RWAs) have seen consistent growth, with the total value of onchain RWAs rising 13.5% over the past month. Despite the broader cryptocurrency market shedding $1 trillion in value, the tokenized asset sector continues to show resilience. The demand for tokenized RWAs, especially among institutional investors, reflects a growing interest in utilizing blockchain for traditional financial products. Ethereum Leads Growth in Tokenized Assets Ethereum recorded the highest growth in tokenized ...
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Metaplanet Reports $605 Million Loss After Billions Spent on Bitcoin

TLDR Metaplanet posted a $605 million loss due to the decline in Bitcoin’s value. The company spent $3.8 billion on Bitcoin, purchasing the asset at an average price of $107,000 per coin. Metaplanet’s Bitcoin holdings are currently down by 37%, reflecting an unrealized loss of $1.4 billion. Despite the losses, the company saw an 81% increase in operating profit from its options business. Metaplanet continued purchasing Bitcoin even when the price exceeded $100,000, making its largest purchases in September and October. Metaplanet, a Japanese firm that heavily invested in Bitcoin , has revealed a significant financial setback. The company announced a loss of ¥95 billion, or $605 million, for the past year. This decline follows the cryptocurrency’s steep drop in price from its all-time highs in October. Metaplanet’s Losses Stem from Falling Bitcoin Value The primary reason behind Metaplanet’s financial struggles lies in the falling value of its Bitcoin holdings. The firm’s 35,...
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Vanguard Group Increases Netflix Stake by 0.4%, Boosting Holdings

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TLDR Vanguard Group increased its stake in Netflix by 0.4% in the third quarter, acquiring an additional 142,238 shares. The firm now owns 38,521,322 shares of Netflix, valued at $46.18 billion, representing 9.09% of the company. Several institutional investors, including Retirement Wealth Solutions LLC and Steph & Co., also made moves in Netflix stock. Analysts have adjusted their price targets for Netflix, with some lowering their projections for the stock. Insiders, including Cletus R. Willems and David A. Hyman, recently sold shares of Netflix, totaling over $700,000 in sales. Vanguard Group Inc. has increased its stake in Netflix, Inc. ($NFLX) by 0.4% in the third quarter, as per the latest 13F filing with the Securities & Exchange Commission (SEC). The firm now holds 38,521,322 shares of Netflix, reflecting an additional 142,238 shares acquired during the quarter. This move positions Netflix as the 16th largest holding in Vanguard’s portfolio, making up 0.7% of ...
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Walmart Stock Surges 20% in 2026: Should Investors Buy Ahead of Earnings?

TLDR Walmart stock has gained 20.18% in 2026, outperforming the S&P 500 and Dow Jones indices. Walmart became the first retailer to reach a $1 trillion market capitalization. Analysts have a ‘Strong Buy’ rating for Walmart stock, but price targets suggest limited growth. Walmart stock is expected to retrace slightly, with a 12-month target price of $133.04. The company has exceeded earnings per share forecasts in three of the last four quarters. Walmart ( NYSE: WMT ), one of the top-performing blue-chip stocks of 2026, is set to release its next quarterly earnings report on February 19. Investors are closely monitoring whether Walmart stock remains a solid buy ahead of the event. The retail giant has recently achieved impressive growth, making it a standout in a challenging market. Walmart Stock Recent Performance Walmart stock has surged 20.18% in 2026, outpacing both the S&P 500 and Dow Jones indices. In contrast, the broader market has struggled, with the S&P...
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