We’re excited to bring you the weekly updates, insights, and opportunities to enhance your trading experience with Delta Exchange.
WEEKLY SNAPSHOT
Note: Last Price mentioned in Weekly Returns table are as observed on 23rd Feb, 11:59 AM IST and in the Top 3 Alt Coins table are as observed on 22nd Feb, 11:59 PM.
Trade Now!
CRYPTO NEWS
-
Bitcoin dips below $65K on Feb 22, 2026, amid macro shocks: Mexico violence, U.S. pending home sales at record lows, and Trump’s 15% tariff. ~$360M long positions liquidated in an hour; Ether, XRP, Solana also fell. Support near $60K; relief possible from ETF inflows or regulatory clarity.
Source: The Block -
BTC corporate treasuries sell for three consecutive weeks near $66K. Smaller firms (Cango, Exodus, Genius, Bitdeer) trim or exit holdings. Macro uncertainty and ETF outflows may deepen pullbacks, though some see structural reset opportunity.
Source: Cointelegraph -
On-chain signals suggest Bitcoin bottoming: stablecoin liquidity contracting, small-holder accumulation rising, whale selling slowing, Sharpe Ratio near historical lows (2015, 2019, 2022). Mid-$60K support may form a base.
Source: Coinpedia -
Polymarket bets bearish: 72% chance BTC < $55K; other odds $50K at 61%, $45K at 47%. BTC market cap down 25% YTD to $1.31T; stablecoin liquidity stress limits buying power. $55K may mark “ultimate market bottom.”
Source: Cointelegraph -
Ethereum falls below $1,900 to ~$1,877, with $115M liquidations. Vitalik sold ~1,869 ETH ($3.6M) and whales offloaded ~1.43M ETH ($2.7B). Support near $1,800; further downside to $1,573–$640 possible, creating long-term accumulation opportunities.
Source: Coinpedia -
Gold & Silver rally: Gold > $5,160, Silver > $87 on Trump’s 15% tariff. Safe-haven demand drives early surge; whipsaw volatility trims gains. Soft U.S. growth (+1.4% Q4) supports gold; higher inflation (+0.4% PCE Dec) may delay rate cuts.
Source: Reuters -
U.S. stock futures fall on Feb 23 amid renewed tariff uncertainty. Investors sell risk assets; safe-haven flows into bonds and dollars highlight lingering policy risks.
Source: Wall Street Journal -
Stablecoins could drive $1T T-bill demand by 2028. Treasury may shift issuance to short-term bills, potentially suspending 30-year auctions. Tether & other issuers becoming major T-bill buyers under GENIUS Act; could reshape U.S. debt financing and yield dynamics.
Source: The Block
OPTIONS OI ANALYTICS FOR UPCOMING WEEK
OI Analytics for the upcoming week: BTCUSD
There is significant call open interest above $75K, while put writing is concentrated below $60K, indicating that the market remains in a risk-averse (fear-driven) mode. A put–call ratio (PCR) of 0.28 further signals a bearish sentiment heading into the upcoming week.
OI Analytics for the upcoming week: ETHUSD
Significant call open interest is observed above the $2,200 level, while put writers are heavily concentrated at the lower end around $1,600, indicating that the market may still be in a fear-driven phase. A PCR of 0.45 further signals negative market sentiment for the coming week.
Trade Now!
USA WEEK AHEAD (IST) [HIGH IMPACT DATA]
Wednesday, February 25, 2026
7:30 AM – President Trump State of the Union Speech
Thursday, February 26, 2026
7:00 PM – Initial Jobless Claims
Friday, February 27, 2026
7:00 PM – PPI (MoM)
SPOT TRADING LAUNCHED ON DELTA EXCHANGE
We have launched Spot Trading for Bitcoin (BTC) and Ethereum (ETH), letting you buy and sell BTC/ETH directly using INR, without needing to first convert INR to USD/USDT or manage on-chain transfers. This launch is designed for simple “buy, hold, sell” investing with INR-only deposits/withdrawals and an in-app Spot wallet flow.
What’s new in this launch:
- BTC & ETH Spot markets on Delta Exchange so you can take spot positions (not futures/options) and hold them as long as you want.
- INR-first experience: Delta Exchange India supports INR deposits/withdrawals and does not accept crypto deposits like USDT/coins on the India platform.
- Lowest fees: There’s no fees on buying spot crypto. There’s a 0.1% fees on selling, so you pay the fees for only one leg.
How to trade BTC/ETH spot:
- Log in to your Delta Exchange account and open the Spot section
- Transfer funds from your F&O wallet to your Spot wallet
- Place a spot buy order for Bitcoin or Ethereum and hold it.
- When you want to encash, sell your spot position, transfer funds from Spot wallet back to the F&O wallet and withdraw INR to your bank account.
Watch this short video for more details on the launch.
GOLD TOKEN & US xSTOCK TOKENS LAUNCHED ON DELTA EXCHANGE
We have also launched new perpetual futures - PAXG gold token contract and US stock tokens (like Tesla xStock, Nvidia xStock, etc), so you can take INR-settled directional exposure (long/short) without buying physical gold or the underlying US shares. These products are derivatives whose prices broadly move in line with their underlying reference assets.
How to trade Gold token & US xStock tokens on Delta Exchange:
- Log in to your Delta Exchange account and open Marketplace to find the new tokens
- Go to Futures and use the left-side instrument drop-down/search to select the contract you want (e.g., PAXGUSD for gold token perpetual or TSLAXUSD for Tesla xStock token perpetual).
- In the order panel, set your leverage (up to 50x for PAXGUSD, up to 25x for TSLAXUSD as per Delta’s contract guides).
- Choose Buy (to go long) or Sell (to go short), place a market/limit order, then manage risk with stop-loss/target as your script describes.
- To exit, close the position from the positions/actions area; P&L settles per the contract rules
Watch this video for more details on the new launch.
If you need any assistance or have any questions, our dedicated customer support team is here to help you, please write to us here.
Happy Trading!
Delta Exchange Team