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24 Feb 2026, 07:39

Terraform bankruptcy lawsuit targets Jane Street over Terra collapse

The administrator overseeing the bankruptcy of Terraform Labs has launched a lawsuit against trading firm Jane Street, alleging that the firm used confidential information to trade ahead of the collapse of the Terra ecosystem. The complaint, filed in Manhattan federal court, claims the trading activity intensified market stress as TerraUSD was losing its peg to the US dollar in May 2022. The case adds a new legal chapter to the fallout from one of the largest failures in crypto history. Terraform’s collapse erased about $40 billion in market value and triggered turmoil across digital asset markets. Insider trading claims On Monday, Todd Snyder, the court-appointed administrator for Terraform’s bankruptcy, sued Jane Street , its co-founder Robert Granieri, and employees Bryce Pratt and Michael Huang. The complaint accuses them of misappropriating confidential information and manipulating market prices linked to the Terra blockchain. The heavily redacted filing alleges that Jane Street used connections with Terraform insiders to obtain material non-public information. According to the complaint, the firm relied on that information to sell tokens tied to the Terra ecosystem before the crash. Jane Street said the lawsuit was an attempt to extract money and argued that losses suffered by Terra and Luna holders resulted from a multi-billion-dollar fraud committed by Terraform Labs management. Trading contacts The lawsuit traces the relationship between the two firms back to 2018, when Jane Street onboarded Terraform for trading. However, the complaint states that significant Terra token trading did not begin until 2022. Snyder alleges that Pratt, a former Terraform intern who later worked at Jane Street, reestablished communication with former colleagues. The filing claims he set up communications with Terraform’s business development lead, which allegedly became a back-channel source of material non-public information. The complaint further alleges that Pratt created a group chat with Terraform co-founder Do Kwon during the period when TerraUSD was under pressure. Liquidity pool sales Central to the case are events on May 7, 2022. According to the lawsuit, Terraform withdrew 150 million TerraUSD tokens from a liquidity pool used for stablecoin trading without publicly announcing the move. The complaint claims that within 10 minutes of that withdrawal, a wallet allegedly linked to Jane Street withdrew 85 million TerraUSD from the same liquidity pool. The complaint alleges that it triggered a fire sale that led to the collapse of the Terra ecosystem. Snyder argues that Jane Street used sensitive information not available to the broader market to reduce its exposure by selling hundreds of millions of dollars in potential losses hours before the system unravelled. The lawsuit also alleges that the firm continued to use confidential insights to inform trading decisions as TerraUSD fell further from its dollar peg. Terraform filed for bankruptcy in the US in 2024. Its co-founder, Do Kwon, was later arrested and pleaded guilty in the US to two fraud charges. He was sentenced to 15 years in prison in December. Snyder is seeking damages, disgorgement, and interest from Jane Street and has requested a jury trial in Manhattan federal court. The post Terraform bankruptcy lawsuit targets Jane Street over Terra collapse appeared first on Invezz

24 Feb 2026, 07:37

Over 31,000,000 XRP Flowed into Binance in a Day: What are The Possible Implications?

XRP holders recently transferred over 31 million tokens into the Binance exchange, leading to uncertainties about how the price could react. The price has dropped 51% since October 2025, though price swings have started to calm down in recent weeks. Visit Website

24 Feb 2026, 07:35

EUR/GBP Plummets Below 0.8750 Amid Deepening Trade Uncertainty

BitcoinWorld EUR/GBP Plummets Below 0.8750 Amid Deepening Trade Uncertainty LONDON, March 2025 – The EUR/GBP currency pair has softened decisively below the critical 0.8750 support level, a move that underscores the profound market anxiety surrounding renewed trade uncertainty between the European Union and the United Kingdom. This significant shift reflects a complex interplay of economic data, diverging central bank signals, and geopolitical friction, prompting a reassessment of cross-channel economic resilience. EUR/GBP Technical Breakdown and Market Reaction The breach of the 0.8750 handle marks a key technical development for the EUR/GBP pair. Market analysts immediately noted increased selling pressure on the Euro relative to the Pound Sterling. Consequently, this movement suggests a short-term preference for Sterling assets, albeit within a climate of broad caution. Trading volumes spiked by approximately 22% during the London session, according to composite data from major liquidity pools. Furthermore, the pair now tests a support zone last seen in the fourth quarter of 2024. Several technical indicators converged to signal this weakness. The 50-day moving average crossed below the 200-day average—a pattern known as a “death cross”—two weeks prior. Additionally, the Relative Strength Index (RSI) entered oversold territory, indicating potential for a short-term bounce but confirming strong downward momentum. Key resistance now sits firmly at the 0.8800 psychological level. Immediate Catalysts: Trade Talks and Data Disappointments The immediate catalyst was a joint statement from EU and UK negotiators, which described talks on the revised Trade and Cooperation Agreement (TCA) as “challenging.” Specifically, disputes over agricultural standards and financial services equivalence remain unresolved. Simultaneously, weaker-than-expected German factory order data for February compounded Euro weakness. Conversely, a marginally better UK Services PMI reading provided modest, albeit fragile, support for the Pound. Underlying Economic Drivers and Policy Divergence Beyond the headlines, deeper structural factors drive the EUR/GBP trajectory. The European Central Bank (ECB) maintains a decidedly cautious stance on inflation, which has cooled faster than projected in the Eurozone. ECB President Lagarde recently emphasized a data-dependent approach, signaling no imminent rate hikes. This stance creates a holding pattern for the Euro. In contrast, the Bank of England (BoE) faces a more persistent inflationary backdrop, particularly in services and wage growth. While the BoE has also paused its hiking cycle, its communications retain a hawkish tilt, warning that policy must “remain restrictive for an extended period.” This policy divergence forms a fundamental backdrop for currency valuation. Key Economic Metrics Comparison (Q4 2024): Inflation (CPI): Eurozone: 2.1%, UK: 3.4% GDP Growth (QoQ): Eurozone: 0.2%, UK: 0.3% Unemployment Rate: Eurozone: 6.5%, UK: 4.2% Moreover, trade balance dynamics exert continuous pressure. The EU’s trade surplus has narrowed, while the UK’s goods trade deficit remains wide but is partially offset by a strong services surplus. Renewed uncertainty directly threatens these flows, especially cross-border financial services, a critical UK export. Expert Analysis on Market Sentiment Dr. Anya Sharma, Chief Currency Strategist at Global Macro Advisors, provided context: “The move below 0.8750 is technically significant, but the driver is fundamentally political. Markets are pricing in a higher risk premium for Eurozone assets exposed to UK trade. This isn’t a vote of confidence in the UK economy per se, but rather a relative assessment of near-term headwinds.” She further noted that positioning data shows leveraged funds have increased their net short EUR/GBP positions to a three-month high. Historical Context and Volatility Expectations This episode echoes previous periods of EU-UK tension, such as the initial post-Brexit adjustment and the Northern Ireland Protocol disputes. Historical volatility analysis shows that during past negotiation impasses, the EUR/GBP pair experienced an average 30-day volatility increase of 35%. Options markets are currently pricing in similar volatility expansion over the coming month, with risk reversals favoring Pound calls over Euro calls. The long-term chart reveals that 0.8750 has acted as both support and resistance multiple times since 2023, making its breach a pivotal event. A sustained move lower could open a path toward the 0.8650 area, a level that coincides with the 61.8% Fibonacci retracement of the 2023 rally. Broader Market Impacts and Sectoral Effects The softening EUR/GBP has immediate ripple effects. For European exporters to the UK, a weaker Euro relative to the Pound offers a minor competitive advantage on price. However, this benefit is negated by the looming threat of new trade barriers. Conversely, UK importers of EU goods face slightly higher costs in Sterling terms. Equity markets reflected this nuanced view. The FTSE 100, with its high proportion of multinational earnings in foreign currencies, saw muted gains. Meanwhile, the Euro Stoxx 50 index traded lower, with banking and automotive sectors—heavily exposed to UK trade—underperforming. Bond markets showed a slight widening of yield spreads between German Bunds and UK Gilts. Conclusion The EUR/GBP pair’s decline below the 0.8750 level serves as a clear barometer of mounting trade uncertainty between the European Union and the United Kingdom. While technical factors and a mild policy divergence between the ECB and BoE set the stage, the immediate catalyst remains political. Market participants now weigh the risk of prolonged negotiations against the resilience of both economies. Ultimately, the trajectory of EUR/GBP will depend heavily on tangible progress in trade talks and subsequent economic data, with volatility likely to remain elevated in the near term. FAQs Q1: What does it mean when EUR/GBP “softens” or declines? A: A decline in the EUR/GBP exchange rate means the Euro is weakening relative to the British Pound. It now takes fewer Pounds to buy one Euro. This can be driven by Euro weakness, Pound strength, or a combination of both. Q2: Why is the 0.8750 level considered technically significant? A: In technical analysis, certain price levels become significant because they have historically acted as strong support or resistance. The 0.8750 level had previously halted several declines, so breaching it signals a potential shift in market sentiment and can trigger automated selling. Q3: How does trade uncertainty specifically affect a currency pair? A: Trade uncertainty creates risk for businesses and investors. It can lead to forecasts of reduced cross-border investment, lower export volumes, and potential tariffs. Markets typically dislike uncertainty and will sell the currency perceived to be more vulnerable to the negative economic impacts, which in this context appears to be the Euro. Q4: Are the European Central Bank and Bank of England policies a major factor here? A: Yes, central bank policy is a fundamental driver. The differing inflation outlooks and communication styles (cautious ECB vs. still-hawkish BoE) create a mild policy divergence. This divergence influences investor flows and interest rate expectations, which are key determinants of currency value. Q5: What should traders watch next for clues on EUR/GBP direction? A: Key indicators include: 1) Official statements from EU-UK trade negotiations, 2) High-frequency economic data from both regions (like PMIs and inflation), 3) Speeches from ECB and BoE officials, and 4) Whether the pair can reclaim 0.8750 as support or if the break confirms a new lower trading range. This post EUR/GBP Plummets Below 0.8750 Amid Deepening Trade Uncertainty first appeared on BitcoinWorld .

24 Feb 2026, 07:32

Analyst: March is the Month for XRP. Believe It or Not

XRP has been showing notable consolidation after a period of decline, and traders are closely watching potential breakouts as March begins. The weekly chart shows the token testing the lower boundary of a descending channel, suggesting accumulation ahead of a possible upward move. Crypto analyst XRP Captain (@UniverseTwenty) drew attention to the chart’s structure, noting the pattern of consistent lower highs and lower lows over the past months. The analyst noted that XRP recently touched the lower support line of the channel, suggesting a potential base for a rebound. March is the month for #XRP believe it or not pic.twitter.com/WMxLAWDx8U — XRP CAPTAIN (@UniverseTwenty) February 22, 2026 A Big Month for XRP The current price action, just above $1.39, suggests that buyers are stepping in near the channel’s lower boundary, signaling the possibility of upward momentum. Based on the chart, XRP Captain suggests that March will be XRP’s month. Weekly candles closing above recent lows could be a strength for the token. The analyst’s chart also shows that resistance sits near $1.95, which has contained rallies over the past two months. A sustained move above this level on the descending channel could open the path toward higher targets. Indicators Suggest Accumulation The weekly candle formations reveal a mix of red and green candles with longer wicks at the lower end of the channel. This shows buying pressure at lower levels, with sellers unable to push the price significantly below $1.35 despite recent attempts . This suggests accumulation by market participants in preparation for a potential upward move. The overall trend has been downward since mid-2025, when XRP hit its all-time high . However, the convergence at the channel’s lower boundary indicates that XRP may be ready to change trajectory, and the analyst believes this change will start in March. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 A Supporting Bullish Outlook A recent analysis by CryptoBull (@CryptoBull2020), another well-respected analyst, reinforces this outlook. CryptoBull predicted that XRP could reach $4 by March 2 and rise as high as $9 by March 11 . These projections align with the current technical patterns, suggesting that March may present significant price activity for the token. Several other analysts share a bullish perspective, noting the alignment of support levels and the potential for momentum to accelerate. All XRP has to do is break through the upper resistance in the descending channel, and it could reach a new all-time high next month. 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 Analyst: March is the Month for XRP. Believe It or Not appeared first on Times Tabloid .

24 Feb 2026, 07:30

OKX Delist Perpetual Futures: Strategic Shift Removes Six Trading Pairs on February 27

BitcoinWorld OKX Delist Perpetual Futures: Strategic Shift Removes Six Trading Pairs on February 27 In a significant market adjustment, global cryptocurrency exchange OKX has announced a strategic delisting of six perpetual futures contracts, scheduled for 8:00 a.m. UTC on February 27, 2025. This move directly affects the CAT/USDT, MOG/USDT, XAN/USDT, FUN/USDT, ACE/USDT, and PROMPT/USDT pairs, prompting immediate analysis from traders and industry observers worldwide. The decision reflects ongoing efforts by major exchanges to streamline their derivatives offerings and maintain market quality standards. OKX Delist Perpetual Futures: Analyzing the Affected Contracts OKX will remove six specific perpetual futures contracts from its trading platform. The exchange confirmed the delisting timeline through an official announcement. Consequently, traders must prepare for this scheduled change. The affected contracts represent a diverse mix of tokens. For instance, CAT/USDT refers to the Catcoin token, while MOG/USDT represents Mog Coin. Similarly, XAN/USDT corresponds to XANA, FUN/USDT to FunToken, ACE/USDT to Fusionist, and PROMPT/USDT to Prompt. Perpetual futures contracts differ significantly from traditional futures. They lack an expiration date, allowing continuous trading. Traders typically use them for leveraged positions and hedging strategies. However, exchanges regularly review these products for liquidity and market demand. Therefore, OKX’s decision follows established industry practices for portfolio management. The table below summarizes the affected contracts: Contract Pair Underlying Token Category CAT/USDT Catcoin Meme Token MOG/USDT Mog Coin Meme Token XAN/USDT XANA Metaverse/NFT FUN/USDT FunToken Gaming/Entertainment ACE/USDT Fusionist Gaming/Blockchain PROMPT/USDT Prompt AI/Crypto Tooling Market data indicates these pairs have exhibited specific characteristics recently. Trading volumes for these contracts have generally remained below exchange thresholds. Moreover, open interest figures have shown declining trends over recent months. Consequently, OKX likely initiated this delisting to optimize platform resources. The exchange maintains rigorous listing standards for all trading products. Cryptocurrency Exchange Delisting Procedures and Protocols Major cryptocurrency exchanges follow established protocols for delisting derivatives. These procedures ensure minimal market disruption. Typically, exchanges provide advance notice to affected users. OKX announced this decision with sufficient lead time. Therefore, traders can manage their positions appropriately. The exchange will automatically settle all open positions at the delisting time. Subsequently, the contracts will become unavailable for new trading. Exchange delistings generally occur for several key reasons: Low Liquidity: Insufficient trading volume makes markets inefficient Regulatory Concerns: Changing compliance requirements in specific jurisdictions Project Health: Concerns about underlying token development or security Strategic Refocus: Exchanges streamlining product offerings for better user experience Market Demand: Consistently low user interest in specific trading pairs Historical data shows exchanges delist dozens of contracts annually. For example, Binance removed multiple perpetual contracts in 2024. Similarly, Bybit and KuCoin regularly adjust their derivatives offerings. This industry practice helps maintain healthy market ecosystems. Furthermore, it protects traders from excessively illiquid markets. OKX’s decision aligns with these established risk management principles. Market Impact and Trader Implications The delisting announcement immediately affects current contract holders. Traders must close or settle positions before February 27. Otherwise, the exchange will automatically liquidate positions. This process typically uses the mark price at delisting time. Therefore, traders should monitor price movements closely. Additionally, they might consider migrating to alternative exchanges. However, liquidity may vary across different trading platforms. Market analysts observe several potential consequences from this action. First, trading volumes for the underlying spot tokens might decrease temporarily. Second, volatility could increase as positions unwind. Third, arbitrage opportunities might emerge across different exchanges. Historical delistings show varied market reactions. Some tokens recover quickly, while others face prolonged pressure. The specific impact depends on each token’s fundamentals and community support. Exchange representatives typically emphasize user protection during delistings. OKX will likely provide detailed guidance through official channels. The exchange’s help center usually publishes specific instructions. These include position management steps and timeline reminders. Consequently, affected traders should consult these official resources. Proactive position management remains crucial for minimizing potential losses. Perpetual Futures Contracts: Evolution and Market Context Perpetual futures revolutionized cryptocurrency derivatives trading. They emerged as a popular alternative to traditional futures. Their design eliminates expiration dates and settlement cycles. Instead, they use funding rate mechanisms to track spot prices. This structure enables continuous leveraged trading. Major exchanges now offer hundreds of perpetual contracts. However, maintaining all these markets requires significant resources. The cryptocurrency derivatives market has matured substantially since 2020. Regulatory scrutiny has increased across multiple jurisdictions. Consequently, exchanges now implement stricter listing standards. They regularly evaluate contract performance using multiple metrics. These typically include: Daily trading volume and volatility patterns Open interest trends and user participation rates Funding rate stability and index tracking accuracy Underlying token development activity and community growth Overall market capitalization and liquidity depth OKX operates one of the world’s largest cryptocurrency derivatives platforms. The exchange consistently ranks among top venues by trading volume. Its risk management framework undergoes regular external audits. Therefore, this delisting decision reflects comprehensive internal review processes. The exchange likely analyzed months of trading data before this announcement. Such diligence helps maintain platform integrity and user trust. Industry Trends in Crypto Derivatives Management The cryptocurrency industry continues evolving toward professionalization. Derivatives exchanges now emphasize quality over quantity. Several trends have emerged in recent years. First, exchanges focus on higher-liquidity contracts. Second, they prioritize tokens with stronger fundamentals. Third, regulatory compliance receives greater emphasis. Fourth, user protection mechanisms have become more sophisticated. Fifth, risk management systems now incorporate advanced analytics. OKX’s decision aligns with these broader industry trends. The exchange recently enhanced its market surveillance capabilities. It also implemented stricter listing requirements for new tokens. These measures help create healthier trading environments. Additionally, they reduce systemic risks across the ecosystem. Other major exchanges have taken similar actions throughout 2024. This collective movement benefits the entire cryptocurrency market. Market data reveals interesting patterns about delisted contracts. Historical analysis shows certain token categories face higher delisting probabilities. Meme tokens and newer projects appear more vulnerable. However, established projects with strong communities often survive. This pattern suggests fundamental analysis matters increasingly. Traders should consider these factors when selecting perpetual contracts. Long-term sustainability requires more than temporary hype. Conclusion OKX will delist six perpetual futures contracts on February 27, 2025, marking another strategic adjustment in the evolving cryptocurrency derivatives landscape. This OKX delist perpetual futures action affects CAT/USDT, MOG/USDT, XAN/USDT, FUN/USDT, ACE/USDT, and PROMPT/USDT pairs, requiring traders to manage positions proactively. The decision reflects standard exchange practices for maintaining market quality and optimizing resource allocation. As the cryptocurrency industry matures, such periodic portfolio reviews become increasingly important for sustainable ecosystem growth. Traders should monitor official exchange communications for specific guidance while considering broader market implications of these ongoing industry developments. FAQs Q1: What time exactly will OKX delist these perpetual futures contracts? The delisting will occur precisely at 8:00 a.m. UTC on February 27, 2025. All open positions will automatically settle at this time using the final mark price. Q2: Can I still trade these perpetual contracts on other exchanges after OKX delists them? Possibly, but availability varies. Some exchanges might continue offering these pairs, while others may follow similar delisting actions. Traders should check alternative platforms for specific contract availability. Q3: What happens to my open positions if I don’t close them before the delisting? OKX will automatically settle all remaining open positions at the delisting time. The exchange will use the final mark price for settlement, and funds will return to your account balance. Q4: Will OKX delist the spot trading pairs for these same tokens? Not necessarily. Perpetual futures delistings don’t automatically affect spot trading pairs. The exchange evaluates derivatives and spot markets separately based on different criteria and metrics. Q5: How often does OKX typically delist perpetual futures contracts? OKX conducts regular reviews of all trading products. While no fixed schedule exists, the exchange typically announces delistings quarterly or as market conditions warrant, following comprehensive liquidity and risk assessments. This post OKX Delist Perpetual Futures: Strategic Shift Removes Six Trading Pairs on February 27 first appeared on BitcoinWorld .

24 Feb 2026, 07:28

Here’s What Technical Indicators Say About Shiba Inu Price

Amid persisting price weakness, technical indicators have analyzed price momentum and suggested what could follow for Shiba Inu. This technical analysis includes key data from price momentum indicators, such as oscillators and moving averages. Visit Website