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24 Feb 2026, 12:50

Coordinated Attack Briefly Disrupts USD1 Stablecoin Peg

USD1 experienced a brief 0.6% price dip due to a coordinated attack. Heavy USD1 liquidity on Binance increased vulnerability during turmoil. Continue Reading: Coordinated Attack Briefly Disrupts USD1 Stablecoin Peg The post Coordinated Attack Briefly Disrupts USD1 Stablecoin Peg appeared first on COINTURK NEWS .

24 Feb 2026, 12:48

BlackRock Buys Back $150 Million in Bitcoin and Ethereum

BlackRock has withdrawn $150 million in Bitcoin and Ethereum from Coinbase.

24 Feb 2026, 12:31

Jake Claver to XRP Holders: Your Hardware Wallet Does Nothing When IRS Shows Up

Crypto expert Jake Claver has issued a blunt warning to XRP holders and the wider digital asset community, emphasizing that hardware wallets offer no protection against legal enforcement actions. In a recent post on X, Claver stated clearly that while hardware wallets are effective tools against cybercriminals, they provide no defense when confronted with a lawful court order. “Your hardware wallet protects you from hackers. It does nothing against a court order,” Claver wrote. He added that when the Internal Revenue Service appears with legal authority, claiming that crypto assets were lost “in a boating accident” does not constitute a valid legal defense. The message was targeted at individuals who believe that self-custody through hardware wallets places their holdings beyond the reach of government authorities. Claver’s post focused on clarifying the distinction between technological security and legal accountability. Your hardware wallet protects you from hackers. It does nothing against a court order. When the IRS shows up, "I lost it in a boating accident" is not a legal defense — Jake Claver, QFOP (@beyond_broke) February 22, 2026 Court Orders Override Self-Custody Protections Claver’s statement underscores a central issue in digital asset ownership: self-custody prevents unauthorized third-party access, but it does not nullify legal obligations. Hardware wallets are designed to secure private keys offline, reducing exposure to hacks and exchange failures. However, as Claver emphasized, compliance with tax laws and court directives remains mandatory regardless of where or how assets are stored. His comments come amid ongoing discussions within the crypto community about tax liabilities, asset reporting, and enforcement mechanisms. By highlighting the limits of hardware wallet protection, Claver aimed to correct what he appears to view as a misconception among some investors. The reference to the cited “boating accident” narrative reflects a long-running joke in crypto circles, where holders claim to have lost access to funds to avoid disclosure. Claver made it clear that such claims do not withstand legal scrutiny when examined under formal investigation. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Community Reactions Address Legal and Tax Risks Following Claver’s post, several users contributed perspectives on enforcement and taxation. Dan Thurman, known online as @MotiveXRP, responded that legitimately losing access to funds can be a defense, noting that the burden of proof rests with authorities. However, he warned that lying to federal officials constitutes a felony offense. He added that once funds are moved, discrepancies can be detected, potentially leading to charges of tax evasion or wire fraud, including financial penalties, interest, and possible imprisonment. Another user, DanielThaLion, argued that holders are not taxed on unrealized gains and suggested that if XRP appreciates significantly, investors could borrow against their holdings through decentralized finance platforms without triggering taxable events. Claver’s original message, however, remained focused on legal compliance. His position was unambiguous: technological tools cannot shield individuals from statutory obligations. For XRP holders and other crypto investors, the post serves as a reminder that asset security and regulatory compliance are separate issues, and that failing to recognize this distinction may carry serious consequences. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Jake Claver to XRP Holders: Your Hardware Wallet Does Nothing When IRS Shows Up appeared first on Times Tabloid .

24 Feb 2026, 12:30

Bullish Signal? Coinbase Bitcoin Premium Turns Positive After Months In Red

Bitcoin flipped a small but notable technical switch this week when the Coinbase premium moved back above zero, ending a run of negative readings that began after heavy selling on February 6. Related Reading: XRP Fell Nearly 70% — Could History Repeat With An 835% Surge? Coinbase Premium Flips Above Zero According to market data published on February 23, 2026, Bitcoin was trading around $66,150 on Binance futures at one point, showing a brief hourly uptick of 0.40%. Yet other spot indexes told a different slice of the story: CoinMarketCap listed BTC near $65,070 and flagged a roughly 3% drop for the day. Those gaps are normal: futures, spot feeds, and aggregate trackers can diverge. What matters here is the premium’s direction — it had been negative for much of February and then crossed into positive territory. Coinbase Bitcoin Premium has flipped positive for the first time since the Feb 6th bottom. It looks like institutions are done with selling for now. pic.twitter.com/rUYgxO2Fo8 — Ted (@TedPillows) February 23, 2026 Why Traders Care About The Premium Coinbase is widely used by big US buyers, so a positive premium is read by many traders as a hint that domestic spot demand is outpacing offshore pressure. But a flip above zero is only a starting signal. The size of the spread, how long it holds, and whether exchange inflows back up the move are the things that turn a signal into a trend. Small, short-lived flips can be caused by temporary liquidity differences or quick arbitrage trades. Larger, sustained spreads are the ones that tend to matter to portfolio managers. Geopolitics And Market Mood Market watchers are also pointing to broader factors. Rising tensions between the US and Iran, along with talk about tariff adjustments linked to US President Donald Trump, have driven investors toward safer assets in recent sessions. That mood has at times pushed BTC below important technical cushions near $65,000, and some sessions saw brief dips under $64,000 before a few calm windows allowed minor rebounds. When fear spikes, crypto often feels it first. Derivatives, Volume, And Technical Levels Futures activity on Binance and other platforms stayed busy, even if volume didn’t show the sort of surge that precedes big breakouts. Reports put daily trading volume near $45.71 billion while market cap sat close to $1.30 trillion. Funding rates, open interest, and exchange inflows are being monitored closely; each can either confirm or undercut the message from the Coinbase premium. A rising open interest that aligns with a growing premium would be more persuasive than a lone spread tick. Related Reading: Bitcoin Buying Spree Nears Century Mark, Saylor Hints Encouraging Signs A Coinbase premium turning positive offers a hopeful signal after weeks below zero, but it doesn’t confirm a sustained rally. Investors will be tracking how large the spread is, whether Coinbase sees significant inflows, and if funding rates and open interest support the move. Traders are likely to wait through the next sessions for clear signs before considering the market stabilized. Featured image from Gemini, chart from TradingView

24 Feb 2026, 12:20

Pound Sterling Plummets: Bank of England Testimony Sparks Currency Concerns

BitcoinWorld Pound Sterling Plummets: Bank of England Testimony Sparks Currency Concerns LONDON, November 2025 – The British pound experienced notable downward pressure today as key Bank of England policymakers testified before the Treasury Select Committee, revealing cautious signals about future monetary policy direction that immediately impacted currency markets. Pound Sterling Exchange Rate Reacts to Monetary Policy Signals The GBP/USD pair declined 0.4% to 1.2850 during morning trading. Meanwhile, the EUR/GBP pair rose 0.3% to 0.8550. These movements followed testimony from Monetary Policy Committee members. Governor Andrew Bailey emphasized persistent inflation concerns. He noted service sector inflation remained elevated at 5.9%. Consequently, market participants adjusted their rate cut expectations. The testimony highlighted several key economic indicators: Core inflation remains above target at 4.2% Services inflation persists at elevated levels Wage growth shows gradual moderation GDP growth projections remain subdued Market analysts immediately reacted to these developments. Currency traders positioned for prolonged higher rates. However, growth concerns tempered hawkish expectations. This created conflicting pressures on Sterling valuation. Bank of England Testimony Reveals Policy Divisions Committee members presented nuanced views during their parliamentary appearance. Deputy Governor Dave Ramsden highlighted persistent inflation risks. He cited tight labor market conditions as a concern. Conversely, external member Swati Dhingra advocated for earlier rate cuts. She emphasized weakening consumption indicators. These divergent views created market uncertainty. The testimony revealed three distinct policy camps: Policy Stance Key Advocates Primary Concerns Hawkish Ramsden, Mann Services inflation, wage growth Centrist Bailey, Broadbent Balancing inflation/growth risks Dovish Dhingra, Tenreyro Economic slowdown, unemployment risk Market participants closely monitored these divisions. Currency volatility increased during questioning sessions. Committee members acknowledged economic headwinds. They referenced global monetary policy coordination challenges. Historical Context and Comparative Analysis Today’s testimony follows previous parliamentary appearances. The November 2024 session produced similar currency volatility. However, current economic conditions differ substantially. Inflation has moderated from peak levels. Global central banks face coordinated challenges. The Federal Reserve maintains higher-for-longer stance. The European Central Bank monitors disinflation progress. Comparative analysis reveals interesting patterns: GBP underperformance versus commodity currencies Relative strength against European counterparts Dollar dominance in current market environment Carry trade adjustments impacting flows Historical data shows consistent patterns. Parliamentary testimony typically creates short-term volatility. However, fundamental factors determine medium-term trends. Today’s movements align with historical precedents. Economic Indicators and Market Implications Multiple economic factors influenced today’s testimony and market reaction. Recent data releases provided crucial context. UK unemployment rose to 4.3% last quarter. Wage growth moderated to 6.2% annually. Business investment showed tentative recovery signs. Manufacturing PMI remained in contraction territory. These indicators created complex policy environment. Market implications extend beyond currency markets: Government bond yields edged higher Equity markets showed mixed reactions Derivatives pricing adjusted rate expectations International investment flows moderated Financial institutions updated their forecasts following testimony. Major banks revised Sterling projections downward. Investment firms adjusted portfolio allocations. Currency hedge ratios increased among multinational corporations. Expert Analysis and Forward Projections Leading financial institutions provided immediate analysis. Goldman Sachs economists noted persistent inflation concerns. They highlighted services sector stickiness. JP Morgan analysts emphasized growth risks. They projected earlier rate cuts than market pricing. Bloomberg Intelligence compiled survey data. Their findings revealed several consensus views: First rate cut expected Q2 2026 GBP/USD year-end target: 1.30-1.32 range Inflation returning to target by late 2026 Moderate recession risk at 35% probability Academic economists contributed additional perspectives. London School of Economics researchers highlighted structural factors. They cited productivity challenges and Brexit adjustments. Oxford Economics analysts emphasized global synchronization risks. Global Context and Currency Correlations Sterling movements occurred within broader global context. The US dollar index strengthened 0.2% today. Eurozone economic data showed modest improvement. Japanese yen intervention rumors circulated. Emerging market currencies faced pressure. These global developments influenced Sterling dynamics. Key correlation patterns emerged: Currency Pair Correlation with GBP/USD Recent Trend EUR/USD +0.85 Moderate decline USD/JPY -0.65 Significant appreciation AUD/USD +0.72 Moderate decline GBP/CHF N/A Notable depreciation Central bank policy divergence remains crucial factor. The Federal Reserve maintains restrictive stance. European Central Bank monitors data carefully. Bank of Japan faces yen weakness challenges. These global dynamics create complex environment for Sterling. Conclusion The Pound Sterling exchange rate demonstrated sensitivity to Bank of England communications today. Parliamentary testimony revealed ongoing policy committee divisions. Inflation concerns balanced against growth risks. Currency markets adjusted positions accordingly. Future Sterling movements will depend on economic data evolution. Monetary policy decisions will follow evidence-based approach. The Pound Sterling faces complex valuation environment. Global currency dynamics add additional complexity. Market participants should monitor upcoming data releases closely. FAQs Q1: Why did the Pound Sterling decline during Bank of England testimony? The Pound Sterling declined due to cautious signals about future rate cuts, persistent inflation concerns mentioned by policymakers, and market adjustments to prolonged higher interest rate expectations. Q2: What key indicators did Bank of England officials highlight? Officials emphasized services sector inflation at 5.9%, core inflation at 4.2%, wage growth moderation trends, and subdued GDP growth projections as crucial monitoring points. Q3: How do market expectations compare to Bank of England guidance? Market expectations for rate cuts remain more aggressive than Bank of England signals, creating policy divergence that contributes to currency volatility and adjustment periods. Q4: What global factors influence Pound Sterling valuation? Global factors include US Federal Reserve policy, European Central Bank decisions, commodity price movements, risk sentiment, and relative economic performance comparisons. Q5: How does today’s movement compare to historical testimony reactions? Today’s movement aligns with historical patterns where parliamentary testimony creates short-term volatility, though the magnitude remains within typical ranges observed over the past five years. This post Pound Sterling Plummets: Bank of England Testimony Sparks Currency Concerns first appeared on BitcoinWorld .

24 Feb 2026, 12:14

Inflation Hits the Poor Hardest, Bitcoin Offers Relief: Coinbase CEO

Coinbase CEO Brian Armstrong has renewed his support for Bitcoin, casting it as both a hedge against inflation and a gateway to financial access. Key Points Brian Armstrong says inflation disproportionately harms those holding cash, widening economic inequality. Visit Website