Month: February 2026

Tennessee Judge Blocks State Crackdown on Kalshi Markets

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A US federal judge in Tennessee temporarily blocked the state from enforcing its gambling laws against prediction markets operator Kalshi’s sports event contracts.  The ruling, issued by Judge Aleta Trauger of the US District Court for the Middle District of Tennessee on Thursday, allows Kalshi to continue offering sports-related event contracts to users in the state while its lawsuit against Tennessee regulators proceeds. Trauger found that Kalshi is likely to succeed on the merits of its claim that federal commodities law preempts Tennessee’s attempt to regulate its sports markets as…

Stablecoin A7A5 Grows Parallel System for Sanctioned Companies

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As cryptocurrency is becoming increasingly intertwined with the traditional financial world, it’s also forming the foundation of a parallel, shadow financial system. A January report from TRM Labs found a surge in illicit or illegal crypto use to an all-time high of $158 billion. This included a massive increase in crypto flows related to sanctions evasion. This was led primarily by A7A5, a Russian ruble-based stablecoin launched by Russia-based company A7. Some $39 billion in sanctions-related crypto flows were attributed to the A7 wallet cluster. Far from a small, underground…

Hyperliquid Policy Center Launches to Shape U.S. DeFi Regulation

The Hyperliquid Policy Center (HPC), an independent nonprofit research and advocacy organisation, was founded on February 18, 2026, in Washington D.C. Led by veteran crypto lawyer Jake Chervinsky, the organisation aims to educate U.S. policymakers and advocate for practical, innovation-friendly regulations for decentralised finance (DeFi) and perpetual derivatives markets. Mr Chervinsky previously held positions at Variant, the Blockchain Association and Compound. Backed by an initial 1 million HYPE tokens grant from the Hyper Foundation (valued at ~$28–29 million at launch), HPC focuses on bridging lawmakers with blockchain tech, producing technical research,…

House Democrats Grill Bessent Over Trump-Linked Crypto Bank Bid

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Democrats in the US House of Representatives are pressing Treasury Secretary Scott Bessent over how regulators are handling World Liberty Financial’s bid for a national trust bank charter to issue a dollar-backed token. In a letter on Thursday, 41 House Financial Services Committee Democrats led by Representative Gregory Meeks cited systemic risk, foreign ownership and potential political pressure on the bank chartering process.  They asked Bessent to explain what safeguards exist to prevent foreign government officials or politically connected investors from using the charter process to gain leverage over the…

XRP NEWS TODAY: Tom Lee’s $664 XRP Prediction Shocks the Market

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #XRP #XRPNews #XRPToday “In a market fueled by emotion and noise, we thrive on data and composure.” Today, Tom Lee’s $664 XRP projection has jolted the market, forcing a serious conversation about whether XRP is being valued as a speculative token—or as future financial infrastructure. “While the retail crowd is reacting to the headline number, we are dissecting the underlying capital flow assumptions.” “In this briefing, we decode:” Tokenized TAM vs Market Cap: The $1 quadrillion figure is not a prediction of…

Tether USDT Set for Biggest Monthly Decline Since FTX Collapse

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Update (Feb. 21, 12:45 am UTC): This article has been updated to include comments from Tether. Tether’s USDT, the world’s largest US dollar-pegged stablecoin, is heading for its steepest monthly supply decline in years as big holders step up redemptions, according to blockchain data. The circulating supply of USDt (USDT) has fallen by about $1.5 billion so far in February, following a $1.2 billion decrease in January, according to Artemis Analytics data reported by Bloomberg. This puts USDT on track for its biggest monthly drop in three years, since the…

Bitcoin ETFs Near Five-Week Outflow Streak With $404M Outflows

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Selling pressure in US-listed spot Bitcoin ETFs continued Thursday, with analysts noting the cryptocurrency is on track for one of its worst yearly starts. Spot Bitcoin (BTC) ETFs saw $165.8 million in outflows Thursday, bringing weekly losses to $403.9 million, according to SoSoValue data. The redemptions moved the funds closer to a possible five-week outflow streak, with year-to-date (YTD) losses totaling $2.7 billion. Daily flows in US spot Bitcoin ETFs this week. Source: SoSoValue Trading activity continued to shrink, falling 21% over the week and reaching its lowest levels since…

Peter Schiff wants you to sell your Bitcoin as he predicts 84% crash

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Longtime Bitcoin critic Peter Schiff has reignited debate over the cryptocurrency’s outlook, warning that a break below $50,000 could trigger a steep drop toward $20,000, an 84% decline from its all-time high. Summary Peter Schiff warned that if Bitcoin breaks below $50,000, it could fall to $20,000 — an 84% drop from its all-time high — urging investors to “sell Bitcoin now.” Schiff argued that while Bitcoin has suffered similar drawdowns before, the current market carries greater risk due to increased leverage, institutional ownership, and overall market size. His comments…