Bitcoin Stuck in the Chop - 25.02.2026 A short-term bounce may be coming, but the broader trend still points lower

Today’s episode breaks down the split reality in crypto: prices flashing caution while infrastructure and tokenization adoption surge. We cover liquidity warnings (stablecoin flatline), macro cycle risks that could drive short‑term downside, and major industry moves from Kraken, Coinbase, Binance and Meta.

We also unpack the ‘paper Bitcoin’ problem — concentration, rehypothecation, and custody risk — plus global regulatory responses and what to watch next. Know what you actually own as the integration era begins.

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