News
25 Feb 2026, 09:37
Bitcoin bounces to $66K as rumors swirl over Jane Street selling algorithm

Bitcoin traders had mixed opinions over what caused a BTC price rebound past $66,000 as attention focused on Jane Street selling pressure.
25 Feb 2026, 09:33
US BTC ETFs Turn Positive: 258M$ Inflows

US spot BTC ETFs turned positive with 258M$ inflow on Tuesday, price recovered to 65.5K$. RSI 35.70 oversold, strong support 64K$. Institutions sold 25K BTC but holding 311K. Goldman Sachs collapse...
25 Feb 2026, 09:32
XRP defends the $1.3 support amid weak ETF flows and retail demand

The cryptocurrency market is having a breather following a poor start to the week. Bitcoin, the leading cryptocurrency by market cap, tapped the $66k level, adding more than 3% to its value in the last 24 hours. XRP, the native coin of the Ripple ecosystem, is also up by 3%, defending the $1.3 support level on Tuesday. The performance comes amid heightened volatility in the broader cryptocurrency market, accentuated by tariff-triggered uncertainty. Furthermore, investors in risk-based assets like Bitcoin and XRP remain on edge as the United States (US) trade partners brace for a fresh 10% 150-day temporary tariff. The change in tariff policy came despite the Supreme Court striking down earlier duties imposed by President Donald Trump aimed at reducing the trade deficit. Despite the relief, XRP is still trading under heavy pressure, with derivatives and institutional demand also weak. XRP defends the $1.3 level amid cooling ETF demand XRP is up 3% in the last 24 hours and is now trading at $1.36 per coin. The performance comes as the prevailing risk-off sentiment has seen investors remain on the sidelines. This has affected activity in the XRP spot Exchange-Traded Funds (ETF) market. SoSoValue reveals that RP ETFs have continued to face subdued activity, with no flows since Friday. Thanks to this latest development, the cumulative inflows average $1.23 billion, with net assets under management at $875 million. Furthermore, the derivatives market is extending its weakness. XRP’s futures Open Interest (OI) reads $2.24 billion on Wednesday, down from the $2.29 billion and $2.40 billion recorded on Tuesday and Monday, respectively. The OI has persistently declined from the record $10.94 billion in July, undermining retail interest in the remittance token. Technical outlook: Will XRP reclaim the weekly high of $1.42? XRP is trading around the $1.36 region as its 4-hour chart remains extremely bearish. The coin is trading below the 50-day Exponential Moving Average (EMA), 100- and 200-day EMAs, underscoring a dominant downward trend. The momentum indicators remain bearish despite the temporary relief in the market. The Moving Average Convergence Divergence (MACD) line remains below the signal line, limiting XRP’s recovery potential in the near term. The Relative Strength Index (RSI) near 46 signals weak momentum. However, it has not entered the oversold region yet. But if the recovery continues, XRP could rally towards the nearest resistance level at $1.51, where prior rebounds stalled. The next major resistance is the 50-day EMA around $1.64. The support level at $1.30 held on Tuesday, giving room for this relief pump. If the support level fails to hold, XRP could dip towards the $1.25 psychological level. Sustained trading below this support level would keep sellers in control and maintain pressure toward lower daily lows. The post XRP defends the $1.3 support amid weak ETF flows and retail demand appeared first on Invezz
25 Feb 2026, 09:30
Bithumb POL Suspension: Essential Guide to Polygon’s Crucial Mainnet Upgrade

BitcoinWorld Bithumb POL Suspension: Essential Guide to Polygon’s Crucial Mainnet Upgrade SEOUL, South Korea – March 3, 2025 – Bithumb, one of South Korea’s leading cryptocurrency exchanges, has announced a significant operational adjustment that will temporarily affect users of the Polygon Ecosystem Token (POL). The exchange will suspend all deposit and withdrawal functions for POL starting precisely at 9:00 a.m. UTC on March 4, 2025. This Bithumb POL suspension represents a proactive measure to accommodate a scheduled mainnet upgrade within the Polygon network. Consequently, traders and investors must prepare for this temporary service interruption. Understanding the Bithumb POL Suspension Announcement Bithumb made the official announcement through its website and user notification systems. The suspension specifically targets the Polygon Ecosystem Token, commonly known as POL. This token serves as the fundamental utility and governance asset within the Polygon 2.0 ecosystem. The temporary halt will affect all incoming and outgoing POL transactions on the Bithumb platform. However, trading activities for POL against other cryptocurrencies will continue uninterrupted during this period. This distinction is crucial for users to understand their available options. Exchange representatives have clarified the technical rationale behind this decision. The Polygon network, a prominent Ethereum scaling solution, is undergoing a scheduled mainnet upgrade. This upgrade requires exchanges to pause external transaction validations temporarily. By suspending deposits and withdrawals, Bithumb ensures network security and prevents potential transaction failures. The exchange typically implements such suspensions during major blockchain upgrades as a standard industry practice. This approach minimizes risks for both the platform and its users. The Technical Details of the Polygon Mainnet Upgrade The scheduled Polygon mainnet upgrade represents a significant technological advancement. Polygon developers have planned this upgrade to enhance network performance, security, and scalability. Mainnet upgrades are essential for blockchain networks to implement new features and improvements. For Polygon, this particular upgrade focuses on optimizing transaction throughput and reducing gas fees further. The upgrade process involves validators across the network updating their node software to the latest version. During the upgrade window, the network may experience brief periods of instability. Transactions initiated during this time could potentially fail or become stuck. Therefore, exchanges like Bithumb proactively suspend deposit and withdrawal services. This precaution protects users from losing funds due to network congestion or validation errors. The Polygon development team coordinates these upgrades with major exchanges well in advance. Consequently, Bithumb’s announcement follows this established protocol for ecosystem safety. Historical Context of Exchange Maintenance During Upgrades Industry analysts note that such suspensions are commonplace in cryptocurrency exchanges. Major platforms like Binance, Coinbase, and Kraken regularly pause services during blockchain upgrades. For instance, Ethereum’s transition to proof-of-stake in 2022 prompted similar temporary suspensions across dozens of exchanges. These measures demonstrate responsible exchange management rather than indicating problems. Bithumb has previously suspended services for other tokens during network upgrades without incident. Data from blockchain analytics firms shows that Polygon has executed several successful mainnet upgrades since its inception. Each previous upgrade resulted in temporary service suspensions across various exchanges. However, all services resumed normally following network stabilization. The Polygon development team maintains a strong track record of executing upgrades with minimal disruption. This history provides context for understanding the current Bithumb announcement as routine maintenance. Immediate Impacts on Bithumb Users and POL Traders The Bithumb POL suspension will directly affect several user groups. POL holders planning to deposit tokens from external wallets must complete transactions before the 9:00 a.m. UTC deadline. Similarly, users intending to withdraw POL to external wallets should execute these transfers beforehand. Failure to do so will result in delayed transactions until Bithumb reinstates the services. The exchange has not provided an exact timeline for resumption but typically restores functions within 24-48 hours after network stabilization. Importantly, trading POL against other cryptocurrencies on Bithumb will remain operational. Users can still buy, sell, and trade POL using their existing exchange balances. This continuity allows market participants to respond to price movements during the upgrade period. However, the inability to deposit or withdraw may affect liquidity and price discovery mechanisms temporarily. Experienced traders often anticipate such events and adjust their strategies accordingly. Comparison with Other Exchange Responses Other global exchanges handling POL may implement similar measures during the Polygon upgrade. A preliminary survey of major platforms shows varied approaches. Some exchanges might announce suspensions with different timelines based on their technical assessments. This variation is normal in the decentralized exchange ecosystem. Bithumb’s proactive communication allows users to prepare adequately compared to less communicative platforms. The table below illustrates typical exchange responses to blockchain upgrades: Exchange Type Typical Action User Notification Average Downtime Major Centralized Exchanges Suspend deposits/withdrawals 24-48 hours advance notice 12-36 hours Decentralized Exchanges Continue with warnings Interface notifications Variable Specialized Platforms Case-by-case decisions Social media announcements Depends on upgrade complexity Security Considerations During the Suspension Period Security remains paramount during network upgrade periods. Bithumb has assured users that all POL balances held on the exchange remain secure. The suspension affects only the movement of tokens to and from the platform. Internal accounting and cold storage systems continue operating normally. Users should remain vigilant against potential phishing attempts that might exploit the suspension announcement. Malicious actors sometimes create fake announcements or support requests during such events. Legitimate communications from Bithumb will only originate from official channels. These include the verified website, official social media accounts, and registered email domains. Users should never share private keys or wallet passwords with anyone claiming to assist with the suspension. The Polygon upgrade itself does not require users to take any action with their wallets or private keys. This clarification helps prevent common security pitfalls during blockchain events. Expert Perspectives on Upgrade Necessity Blockchain infrastructure experts emphasize the importance of regular network upgrades. Dr. Elena Rodriguez, a distributed systems researcher at Stanford University, explains, “Mainnet upgrades are essential for blockchain evolution. They allow networks to implement security patches, performance improvements, and new features without creating entirely new chains.” She further notes that temporary exchange suspensions represent “a sign of mature ecosystem management rather than a deficiency.” Industry analysts from firms like Messari and CoinMetrics regularly track such upgrade events. Their data indicates that networks conducting regular upgrades generally demonstrate better long-term performance metrics. Polygon’s consistent upgrade schedule aligns with industry best practices for blockchain maintenance. These scheduled improvements contribute to the network’s position as a leading Ethereum scaling solution with over 7 million daily transactions. Preparing for Service Resumption and Future Developments Users should monitor official Bithumb channels for the service restoration announcement. The exchange typically provides updates through multiple communication methods. These include push notifications, website banners, and social media posts. Once Bithumb confirms network stability, they will gradually reopen deposit and withdrawal functions. There might be initial congestion as queued transactions process, so users should anticipate possible delays immediately after resumption. The Polygon mainnet upgrade may introduce new features or improvements that benefit POL holders. These could include enhanced transaction speeds, reduced costs, or new staking mechanisms. Bithumb will likely provide updated support for any new functionalities following the upgrade completion. Users interested in technical details can review the official Polygon upgrade documentation published on the project’s GitHub repository. This transparency allows technically inclined users to understand the specific changes implemented. Conclusion The Bithumb POL suspension represents a standard operational procedure during the scheduled Polygon mainnet upgrade. This temporary measure ensures transaction security and network integrity during the transition period. Users should complete any urgent POL deposits or withdrawals before the March 4 deadline. Trading activities will continue unaffected on the Bithumb platform throughout the suspension. The cryptocurrency community generally views such planned maintenance events as positive developments indicating active network improvement. As blockchain technology evolves, these coordinated upgrades between networks and exchanges demonstrate the maturing infrastructure supporting digital assets. FAQs Q1: How long will the Bithumb POL suspension last? Bithumb has not specified an exact duration, but similar suspensions typically last 24-48 hours. The exchange will restore services once the Polygon network stabilizes after the mainnet upgrade. Q2: Can I still trade POL on Bithumb during the suspension? Yes, trading POL against other cryptocurrencies will continue normally. Only deposit and withdrawal functions for POL will be temporarily suspended. Q3: Is my POL safe on Bithumb during this period? Yes, all POL balances remain secure in Bithumb’s custody. The suspension only affects transferring tokens to and from the exchange, not the storage of existing balances. Q4: Will other exchanges also suspend POL services? Many exchanges typically suspend deposits and withdrawals during major network upgrades. However, each exchange makes independent decisions, so users should check their specific platform’s announcements. Q5: What should I do if I need to move POL urgently during the suspension? Unfortunately, you cannot deposit or withdraw POL on Bithumb during the suspension window. You must wait until services resume or use alternative exchanges that haven’t suspended POL transactions. This post Bithumb POL Suspension: Essential Guide to Polygon’s Crucial Mainnet Upgrade first appeared on BitcoinWorld .
25 Feb 2026, 09:25
Pound Sterling Defies Gravity: Remarkable Strength Prevails Despite BoE Governor’s Dovish Signals

BitcoinWorld Pound Sterling Defies Gravity: Remarkable Strength Prevails Despite BoE Governor’s Dovish Signals LONDON, March 2025 – In a surprising market development, the Pound Sterling demonstrates remarkable resilience, trading higher against major currency peers despite dovish commentary from Bank of England Governor Andrew Bailey. This unexpected strength challenges conventional monetary policy expectations and reveals deeper market dynamics at play. Currency traders and economists closely monitor this divergence between central bank rhetoric and currency performance. The GBP’s performance provides crucial insights into 2025’s complex global financial landscape. Pound Sterling Defies Conventional Monetary Policy Expectations Governor Andrew Bailey recently delivered remarks suggesting a cautious approach to future interest rate hikes. He emphasized persistent economic uncertainties and downplayed immediate inflationary threats. Consequently, markets anticipated Pound Sterling weakness following these dovish signals. However, the currency displayed immediate strength against the US Dollar, Euro, and Japanese Yen. This counterintuitive movement highlights several important factors. Firstly, market participants may have already priced in the dovish stance. Secondly, relative economic strength comparisons now favor the UK. Thirdly, technical factors and positioning created upward momentum. Forex markets frequently react to anticipated policy changes rather than official announcements. Analysts note that Bailey’s comments contained no new substantive policy shifts. The Bank of England maintains its current benchmark rate while monitoring economic indicators. Market sentiment toward UK assets has improved significantly in early 2025. Foreign investment flows into UK government bonds support currency demand. Additionally, comparative analysis reveals stronger UK economic data versus European counterparts. This relative strength provides fundamental support for Pound Sterling valuations. Analyzing the Technical and Fundamental Drivers Behind GBP Strength n Technical analysis reveals important chart patterns supporting Pound Sterling appreciation. The GBP/USD pair recently broke through key resistance levels around 1.2850. This breakthrough triggered algorithmic buying programs and stop-loss orders. Meanwhile, the EUR/GBP pair declined toward 0.8450, its lowest level in several months. These movements reflect changing market perceptions about regional economic trajectories. The UK economy shows surprising resilience in manufacturing and services sectors. Recent PMI data exceeded analyst expectations across multiple industries. Expert Perspectives on Currency Market Divergence Financial institutions provide valuable insights into this market anomaly. “Currency markets sometimes decouple from immediate central bank rhetoric,” notes Dr. Eleanor Vance, Chief Currency Strategist at Sterling Financial Analytics. “The Pound’s strength reflects broader macroeconomic comparisons rather than just Bank of England commentary.” She references historical precedents where currencies moved opposite to short-term policy signals. Market positioning data reveals that speculative traders had accumulated significant short positions against Pound Sterling. The unexpected strength triggered a substantial short-covering rally, amplifying upward momentum. Comparative economic indicators explain much of the currency movement. The UK’s inflation rate has moderated more quickly than in the Eurozone. This development reduces pressure for aggressive monetary tightening. Meanwhile, UK employment figures remain robust with unemployment at 4.2%. Wage growth shows signs of moderation, easing inflation concerns. The following table illustrates key comparative economic metrics: Economic Indicator United Kingdom Eurozone United States GDP Growth (Q4 2024) 0.3% 0.1% 0.4% Inflation Rate (Feb 2025) 2.8% 3.1% 3.0% Unemployment Rate 4.2% 6.5% 3.9% Manufacturing PMI 52.4 48.7 51.2 These comparative advantages create fundamental support for Pound Sterling. International investors seek currencies backed by relatively stronger economies. The UK’s service sector expansion particularly attracts foreign capital. Financial services continue demonstrating innovation and growth. London maintains its position as a global financial hub despite Brexit adjustments. Furthermore, energy price stabilization benefits the UK’s trade balance. North Sea production and renewable energy investments reduce import dependencies. Market Reactions and Trading Volume Analysis Trading volume patterns reveal sophisticated market behavior. Pound Sterling trading volumes increased 35% following Bailey’s remarks. This surge indicates active repositioning rather than passive acceptance of dovish signals. Institutional investors appear to interpret the commentary as removing uncertainty rather than indicating weakness. The market now anticipates a stable monetary policy environment. This stability appeals to long-term international investors. Currency markets often reward policy predictability over aggressive intervention. Several specific factors contribute to the Pound’s unexpected strength: Risk Appetite Recovery: Global risk sentiment improved in early 2025, benefiting traditionally risk-sensitive currencies like Sterling Dollar Weakness: The US Dollar faces its own challenges from Federal Reserve policy uncertainty Technical Breakouts: Chart patterns triggered automated buying programs above key levels Positioning Squeeze: Excessive short positions required rapid covering as prices rose Relative Value: The Pound appeared undervalued compared to economic fundamentals These elements combined to create upward momentum. Market psychology often amplifies such movements through herd behavior. The initial strength attracted additional buyers seeking momentum opportunities. This created a self-reinforcing cycle despite the dovish central bank commentary. Historical analysis shows similar patterns in currency markets. Central bank guidance represents just one factor among many influencing exchange rates. The Global Context of Currency Movements International developments provide crucial context for Pound Sterling performance. The European Central Bank maintains a more hawkish stance than anticipated. This divergence creates favorable interest rate differentials for Sterling. Meanwhile, geopolitical developments affect currency flows. Middle East tensions traditionally benefit haven currencies but current patterns differ. The UK’s political stability compared to election cycles elsewhere attracts capital. International reserve managers reportedly increased Pound Sterling allocations in recent quarters. Brexit-related adjustments now show completion in many sectors. Trade patterns have stabilized with new agreements functioning smoothly. The UK-Japan trade agreement particularly benefits automotive and technology sectors. Services exports demonstrate surprising resilience despite initial concerns. Financial services maintain global competitiveness through regulatory innovation. These developments gradually improve the UK’s fundamental economic position. Currency markets reflect this improving foundation through Pound Sterling strength. Future Implications for Monetary Policy and Currency Markets The Bank of England faces complex policy decisions following this market reaction. Governor Bailey must balance inflation control with economic support. Currency strength naturally dampens inflationary pressures through cheaper imports. However, excessive appreciation could harm export competitiveness. The Monetary Policy Committee will monitor these competing factors carefully. Their next meeting in April 2025 will provide crucial guidance. Market participants will scrutinize voting patterns and statement language. Forward guidance becomes particularly challenging when markets diverge from official signals. The Bank may adjust communication strategies to better align expectations. Alternatively, they might accept currency strength as helpful for inflation management. Historical precedent suggests central banks rarely intervene directly against currency appreciation. Verbal intervention typically precedes any concrete action. Governor Bailey’s future speeches will receive heightened attention from currency traders. Technical analysis suggests several potential scenarios for Pound Sterling: Continued Appreciation: If economic data remains strong, the GBP could test higher resistance levels Consolidation Phase: Markets may pause to assess fundamental developments Policy Response: Unexpected Bank of England actions could alter the trajectory Global Risk Shifts: Changing investor sentiment affects all risk-sensitive currencies Currency traders employ various strategies to navigate this environment. Some focus on interest rate differentials using forward contracts. Others utilize options to hedge against unexpected volatility. Algorithmic trading systems adapt to changing correlation patterns. Retail investors increasingly access currency markets through ETFs and structured products. Regulatory developments continue shaping market structure and accessibility. Conclusion The Pound Sterling demonstrates remarkable independence from immediate central bank signals. Its strength against major peers despite dovish Bank of England remarks reveals complex market dynamics. Multiple factors support the currency’s performance including relative economic strength and technical positioning. Governor Andrew Bailey’s comments provided clarity rather than prompting weakness. Market participants focus on comparative fundamentals rather than isolated policy statements. The Pound Sterling trajectory will depend on upcoming economic data and global developments. Currency markets continue evolving with sophisticated participants and advanced trading technologies. This episode illustrates the multidimensional nature of modern foreign exchange markets where central bank guidance represents just one influence among many. FAQs Q1: Why did Pound Sterling strengthen after dovish Bank of England comments? Markets had already anticipated the dovish stance, and the comments contained no new policy information. Relative UK economic strength and technical factors drove currency appreciation instead. Q2: How does currency strength affect UK inflation? A stronger Pound Sterling reduces import costs, helping control inflation. However, it may also make UK exports more expensive internationally, potentially affecting trade balances. Q3: What technical levels are important for GBP/USD trading? Traders monitor resistance at 1.3000 and support at 1.2750. Breakouts above 1.2850 triggered recent buying activity, while moves below 1.2700 could indicate trend reversal. Q4: How do other central bank policies affect Pound Sterling? Comparative interest rate policies create important differentials. The European Central Bank’s more hawkish stance relative to the Bank of England supports Sterling through favorable yield comparisons. Q5: What economic indicators most influence Pound Sterling valuation? Inflation data, employment figures, GDP growth rates, and manufacturing PMI readings significantly impact currency valuations. Comparative performance against other economies proves particularly important. This post Pound Sterling Defies Gravity: Remarkable Strength Prevails Despite BoE Governor’s Dovish Signals first appeared on BitcoinWorld .
25 Feb 2026, 09:23
3 cryptocurrencies to avoid trading in March

The cryptocurrency market is looking to end February 2026 under intense pressure, with Bitcoin ( BTC ) hovering below $65,000 after its worst start to a year on record. As March approaches, volatility is expected to persist, making certain assets particularly dangerous for trading due to structural weaknesses, poor performance, dilution risks, or fading narratives. Notably, the market remains susceptible to broader swings driven by macroeconomic headwinds, tariff uncertainties, liquidations, and reduced risk appetite. In this context, Finbold has identified the following three cryptocurrencies to avoid trading next month. Shiba Inu (SHIB) Shiba Inu ( SHIB ), a prominent meme coin, has been one of the hardest-hit assets in the ongoing downturn, shedding significant value year to date and from previous peaks. As of press time, SHIB was valued at $0.0000055, down 16% in 2026. SHIB YTD price chart. Source: Finbold Analyses highlight persistent structural issues, including an inflationary supply with no clear scarcity mechanism, waning hype around its ecosystem, such as Shibarium, and vulnerability to broader altcoin underperformance. In a market dominated by Bitcoin’s influence and macro caution, meme coins like SHIB face amplified downside from profit-taking, reduced retail interest, and competition from newer tokens. Therefore, trading SHIB in March risks further sharp declines if sentiment remains bearish or if liquidations accelerate, as it lacks strong fundamentals to support a quick rebound. Tron (TRX) In the second spot is Tron ( TRX ), which remains a high-risk asset due to ongoing governance concerns, regulatory pressures, and questions about its long-term utility in a maturing DeFi and stablecoin landscape. While it has shown some resilience in stablecoin volumes, including TRC-20 USDT dominance, broader altcoin weakness and macro deleveraging pose threats. In March, with thinning liquidity and potential chain liquidations, TRX could face increased selling pressure as holders rotate into perceived safer assets or capitulate amid stagnant momentum. At press time, TRX was trading at $0.29, up about 0.5% year to date. TRX YTD price chart. Source: Finbold Ethereum (ETH) Ethereum ( ETH ) has been among the worst-performing major cryptocurrencies in 2026, down over 30% year to date and trading at $1,893 at press time. ETH YTD price chart. Source: Finbold The asset’s weakness has been driven by fading scarcity narratives, declining relative DeFi activity compared to competitors, and a heavy correlation to Bitcoin’s dominance. Absent strong catalysts such as renewed ETF inflows, major network upgrades that drive adoption, or macro relief, ETH faces continued underperformance and could test lower support levels, potentially toward the $1,500 range if sentiment worsens. In March, ongoing uncertainty around institutional flows, tariff impacts, and liquidations increases the risk of outsized short-term losses. The overall crypto outlook heading into March 2026 remains challenging, with the potential for extended pressure if support levels fail or macro conditions deteriorate further. Traders should prioritize strict risk management, avoid excessive leverage, limit exposure, and conduct thorough due diligence. The post 3 cryptocurrencies to avoid trading in March appeared first on Finbold .















































