ACH token remains extremely bearish as Alchemy Chain expands its supply

  vor 8 Monaten

Alchemy Pay’s ACH token has been under heavy pressure in recent weeks. Since late January, the token has been locked in a relentless downtrend. ACH price chart | Source: Coingecko The upper resistance zone around $0.0120–$0.0125 marked the start of the selling pressure. From that point, ACH has steadily moved lower without any meaningful recovery. A brief pause occurred at the $0.0076–$0.0082 range, but that zone could not hold. Instead, it has now become the key resistance overhead. Every time the price attempted to climb back into this middle zone, it faced renewed selling. This pattern has created a clear structure of lower highs. Even small bounces have been weak and short-lived. The current price, sitting at $0.006966, is just below the floor of this resistance zone. Alchemy Chain expands ACH supply Meanwhile, Alchemy Chain has taken steps to expand ACH’s token supply. According to a recently published press release , the total ACH supply is set to increase by about 6%. This move is designed to support validators, developers, and ecosystem growth. It also aims to fund merchant integrations and stablecoin operations. On paper, this strengthens the utility of ACH as the chain’s native token. It positions ACH as a core part of a fast, low-cost stablecoin network. The network itself is being built for payments, remittances, and wallet-to-wallet transfers. A recent testnet launch marks a step toward a mainnet rollout. This expansion shows a focus on long-term network adoption rather than short-term price gains. However, the tokenomics change adds more circulating supply, which can weigh on the price in the near term. The fundamentals signal potential, but the market structure remains bearish. ACH price prediction for March From a technical perspective, the ACH price chart shows the token has been grinding below the $0.0076–$0.0082 zone for weeks. Each approach has been met with rejection, creating lower highs. The structure suggests one more attempt toward the resistance zone. After that, a sharp drop toward $0.0058–$0.0060 is projected. Bulls would need a sustained move back into the middle zone to change the trend. However, until then, the downtrend remains dominant since every bounce into resistance continues to be a selling opportunity. Traders should keep a close eye on the $0.0076–$0.0082 resistance zone. A rejection here could push the price toward $0.0058–$0.0060. But if that support holds, a short-term consolidation may occur before the next directional move. However, a sustained recovery above $0.0076–$0.0082 is necessary for any bullish case, according to Analyst R3N . Above $0.0082, traders could look for a challenge of the previous high near $0.0120. On the downside, a break below $0.0058 could trigger further selling pressure. In short, March is likely to be dominated by sideways-to-lower action unless buyers reclaim key resistance zones. The trend and market structure remain firmly bearish, despite the network’s expanding utility and supply framework. The post ACH token remains extremely bearish as Alchemy Chain expands its supply appeared first on Invezz

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Galaxy Digital Spotlights Stablecoins and Smart Contracts Reshaping Blockchain Lending

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Galaxy Digital’s report highlights how stablecoins and smart contracts alter blockchain-based lending. Automated payment flows and transparent smart contracts reduce reliance on intermediaries and courts. Continue Reading: Galaxy Digital Spotlights Stablecoins and Smart Contracts Reshaping Blockchain Lending The post Galaxy Digital Spotlights Stablecoins and Smart Contracts Reshaping Blockchain Lending appeared first on COINTURK NEWS .

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Pound Sterling Plummets: Bank of England Testimony Sparks Currency Concerns

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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 .

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Telegram Investigation: Russia’s FSB Launches Shocking Terrorism Probe Against CEO Pavel Durov

  vor 8 Monaten

BitcoinWorld Telegram Investigation: Russia’s FSB Launches Shocking Terrorism Probe Against CEO Pavel Durov MOSCOW, RUSSIA – In a dramatic escalation of the long-running conflict between digital platforms and state authority, Russia’s Federal Security Service (FSB) has launched a criminal investigation into Telegram co-founder and CEO Pavel Durov. The probe, confirmed by state media, centers on suspicions of facilitating terrorist activities. This shocking development follows Telegram’s refusal to comply with a massive content removal order from the national regulator, Roskomnadzor, setting a critical precedent for global tech governance and free speech in 2025. Telegram Investigation Triggers Global Digital Rights Alarm Russian authorities initiated the formal investigation after Telegram declined a request to delete approximately 155,000 channels, chat logs, and automated bots. Officials had flagged this content as illegal or harmful. Consequently, the FSB, Russia’s principal security agency, is examining Durov’s role. The state-run Rossiyskaya Gazeta first reported the probe. This action represents one of the most severe state responses against a major tech executive in recent years. Moreover, it highlights the intense pressure on encrypted messaging services worldwide. The breakdown of the removal request reveals its scale. Roskomnadzor specifically targeted 104,093 channels for allegedly spreading false information. Authorities also flagged 10,598 channels for promoting extremism and 4,168 for justifying extremist actions. Additionally, the request included 3,771 channels related to drug promotion. Telegram’s refusal to delete this content directly triggered the legal proceedings against its CEO. Historical Context of Telegram’s Tumultuous Relationship with Russia This confrontation is not an isolated incident. Instead, it is the latest chapter in a years-long struggle. Pavel Durov, often called the “Mark Zuckerberg of Russia,” founded Telegram in 2013. He left Russia in 2014 after losing control of his previous company, VK. The Russian government attempted to block Telegram nationally in 2018 for refusing to hand over encryption keys. That blockade ultimately proved ineffective and was lifted in 2020. Durov has consistently argued that such state actions aim to promote Russia’s domestic, state-run messaging services. “Similar blocking strategies by other countries like Iran have failed,” Durov stated previously. He maintains that restricting civil liberties is not a viable solution. Furthermore, he positions Telegram as a defender of freedom of expression and privacy. This philosophy directly clashes with the Kremlin’s push for digital sovereignty and internet control, known as the “RuNet.” Expert Analysis on Legal and Geopolitical Implications Legal experts note the investigation uses serious charges typically reserved for grave national security threats. The allegation of “aiding terrorist activities” under Russian law carries severe penalties. This move signals a strategic shift from administrative pressure to potential criminal liability for tech leaders. Analysts observe it may be a tactic to force compliance or set an example for other platforms operating in Russia. The global impact is significant. This case creates a stark precedent for how nations may treat executives of foreign tech firms. Countries with strict internet laws are watching closely. The probe also tests the limits of platform moderation. It asks how much responsibility a service bears for user-generated content, especially under conflicting international laws. Comparative Global Landscape of Platform Regulation Russia’s action occurs within a worldwide trend of increasing tech regulation. However, its approach differs markedly from methods in the European Union or the United States. The EU’s Digital Services Act focuses on systemic risk management and transparent processes. The U.S. debates Section 230 reforms but operates within a different legal framework. Conversely, Russia, China, and Iran often employ direct state intervention and criminal charges to enforce compliance. The table below contrasts key regulatory approaches: Jurisdiction Primary Regulatory Method Typical Enforcement Focus on Executive Liability Russia Direct state orders, criminal law Blocking, fines, criminal probes High (Personal criminal charges) European Union Legislative frameworks (DSA/DMA) Fines, mandated compliance Low (Corporate liability) United States Section 230, antitrust law Lawsuits, congressional hearings Very Low China Cybersecurity Law, direct oversight Licensing, content removal, fines Medium This comparative view shows Russia’s strategy is among the most aggressive in targeting individual executives. The immediate effects are already visible. Digital rights organizations have issued strong condemnations. They warn the investigation could chill free expression far beyond Russia’s borders. Meanwhile, Telegram’s user base, which reportedly exceeds 900 million globally, faces uncertainty. The platform’s operational future in one of its founding regions now hangs in the balance. Technical and Operational Realities of Content Moderation The sheer volume of the removal request—155,000 individual items—poses significant technical challenges. Automated moderation systems struggle with context, especially in nuanced areas like extremism justification. Human review at that scale is immensely resource-intensive. Telegram’s end-to-end encryption for “secret chats” also means the company cannot access message content. This creates a fundamental technical barrier to complying with certain government demands. Key technical points include: Encryption Limits: Telegram cannot decrypt secret chats to review content. Scale of Request: Manually reviewing 155,000 channels is logistically formidable. Definitional Challenges: Classifying “false information” or “extremism” often requires subjective judgment. Channel Dynamics: Bots and channels can be recreated quickly if deleted, making takedowns a game of whack-a-mole. These realities underscore the practical difficulty of the Russian demand. They also explain why Durov has historically resisted such sweeping orders. The company’s stance is that compliance would compromise its core privacy promises to users everywhere. The Path Forward and Potential Resolutions The investigation’s trajectory remains unclear. Several outcomes are possible. The FSB could pursue charges, potentially leading to an international arrest warrant for Durov, who resides outside Russia. Alternatively, the probe could be a pressure tactic to force negotiation. A third scenario involves Telegram making limited concessions on specific content to defuse the crisis. The situation evolves rapidly, with significant implications for Telegram’s operations, its users in Russia, and the global standard for holding tech CEOs personally accountable. International diplomatic reactions will also play a role. Foreign governments and multilateral bodies may comment on the case, framing it as a digital rights issue. The outcome will influence how other nations with similar laws, like Iran or Belarus, interact with global messaging platforms. Ultimately, this Telegram investigation serves as a critical stress test for the balance between national security, law enforcement, and digital civil liberties in the modern age. Conclusion The Russian FSB’s investigation into Telegram CEO Pavel Durov marks a pivotal moment in the global struggle between technology platforms and state sovereignty. This probe, triggered by Telegram’s refusal to remove 155,000 flagged channels, elevates the conflict from regulatory disputes to potential criminal liability. The case underscores the immense pressure on encrypted services to moderate content at scale while protecting user privacy. As nations worldwide craft their internet governance rules, the outcome of this Telegram investigation will provide a stark reference point. It will demonstrate the lengths to which states may go to enforce compliance and the personal risks for tech executives who champion principles of free expression and encryption in challenging jurisdictions. FAQs Q1: What exactly is Pavel Durov being investigated for? The Russian Federal Security Service (FSB) is investigating Durov on suspicion of facilitating terrorist activities. This criminal probe followed Telegram’s refusal to comply with a government order to delete approximately 155,000 channels and chats deemed illegal. Q2: Why did Telegram refuse the Russian government’s request? Telegram and Durov have historically cited commitments to user privacy and freedom of expression. Durov has also suggested such requests are sometimes designed to promote Russia’s state-run alternatives. The scale and ambiguity of the request also present significant technical and ethical challenges. Q3: Has Telegram been blocked in Russia before? Yes. The Russian government attempted to block Telegram nationally from 2018 to 2020 after the company refused to hand over encryption keys to security services. The blockade was largely ineffective and was eventually lifted. Q4: What are the potential consequences for Durov and Telegram? If charged and convicted under Russian law for aiding terrorist activities, Durov could face severe penalties, though he resides outside Russia. For Telegram, it could mean increased operational restrictions, a formal ban, or pressure on its infrastructure within the country. Q5: How does this compare to how other countries regulate platforms? Russia’s approach is notably more direct and reliant on criminal law targeting individuals. In contrast, places like the European Union use comprehensive legislative frameworks focused on corporate compliance and systemic risk, not personal criminal liability for CEOs. This post Telegram Investigation: Russia’s FSB Launches Shocking Terrorism Probe Against CEO Pavel Durov first appeared on BitcoinWorld .

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$0.00 Inflows: What’s Happening With Ripple ETFs as XRP Struggles at $1.30?

  vor 8 Monaten

The cryptocurrency market is in retreat once again as of the start of the current business week, with BTC dumping to a new local low of under $63,000. Most altcoins have followed suit, and Ripple’s cross-border token is no exception. The broader ecosystem’s state, in which over $150 billion left the total market cap in 36 hours, is the most apparent reason behind XRP’s 4.5% correction to $1.33. However, there might be another one lurking. ETFs See No Action Data from SoSoValue shows that investors who opt to gain XRP exposure through the spot Ripple ETFs in the US have seemingly disappeared. Half of the trading days last week saw no reportable net inflows , and the streak continued on February 23. As of now, three of the last five trading days have seen an emphatic “$0.00” next to the total daily net inflow number. Consequently, the cumulative net inflows since the first such product saw the light of day in mid-November have remained flat at $1.23 billion. The current investor behavior is entirely different than the products’ initial days, in which they surpassed the $1 billion mark in precisely a month. Ripple (XRP) ETF Flows. Source: SoSoValue XRP Price Down but Not Out As mentioned above, XRP has declined by over 4.5% in the past 24 hours. It’s also down 8% weekly and a whopping 30% monthly. As such, it currently fights to stay above $1.30, prompting prominent analyst CryptoWZRD to conclude that the asset had, as expected, closed bearish yesterday. However, they explained that the XRP/BTC trading pair “printed bullish,” and predicted more gains for Ripple’s token against the market leader. This, in turn, would help XRP “turn bullish.” Merlijn The Trading said yesterday that the cross-border token was “holding structure while alts bleed.” He outlined the significance of the $1.36 support, but the asset has since broken below it. Nevertheless, he added that the more macro XRP behavior is different than what people expect, as it’s trading less than a speculative altcoin at this point. In fact, it shows more signs of an infrastructure token as it’s being supported by “real utility narratives.” “We are talking about payments, tokenization, on-chain settlement rails, and growing real-world activity on XRP.” XRP IS HOLDING STRUCTURE WHILE ALTS BLEED. Support: $1.36 Range high: $1.60 (no breakout yet) This isn’t hype price action. It’s infrastructure positioning: Payments Tokenization Settlement rails Utility takes time to price in. Accumulation comes before expansion. pic.twitter.com/mGPffvRaG3 — Merlijn The Trader (@MerlijnTrader) February 23, 2026 The post $0.00 Inflows: What’s Happening With Ripple ETFs as XRP Struggles at $1.30? appeared first on CryptoPotato .

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MSTR Stock Dips 5% as Michael Saylor’s Strategy Unrealized Loss Hits $9.5B

  vor 8 Monaten

Michael Saylor’s Strategy unrealized loss has surged to $9.5 billion after the Bitcoin price continued to decline to near $63,000. At press time, the Bitcoin price was trading at $63,096, a 4.5% decline in the last 24 hours and 7% in the last week. Concurrently, Strategy Inc. Class A shares also moved lower in line with the recent decline in Bitcoin. The MSTR stock closed at $123.71, down $7.34 (5.60%) today, and in pre-market trading, the price was $122.17, down $1.54 (1.24%). Strategy’s Position Deepens as Bitcoin Declines Strategy’s latest filings show a sharper gap between its Bitcoin cost basis and market value. The company now holds 717,722 BTC. These coins were purchased for $54.56 billion at an average price of about $76,020 per coin. With Bitcoin trading between $63,000 and $66,000 in recent sessions, the position reflects an unrealized loss of about $9.5 billion. The company’s newest purchase, as we reported, was when it acquired 592 BTC for $39.8 million. This buy was funded through the sale of 297,940 Class A shares. The share sale raised $39.7 million under the firm’s at-the-market program. The company stated that the funds were used to continue its regular accumulation plan. Strategy has been buying Bitcoin each week for nine straight weeks. Its approach has remained steady even when Bitcoin showed weaker price action. The firm now controls about 3.4% of Bitcoin’s circulating supply, which keeps it as the largest corporate holder of the asset. Unrealized Losses Grow Under New Accounting Rules The $9.5 billion figure reflects a market-to-market calculation rather than a cash loss. Accounting standards require companies to report digital asset values based on market prices each quarter. Because of this rule, Strategy’s earnings now move more closely with Bitcoin price swings. The company has not sold its Bitcoin to realize gains or losses. Executives have repeated that the holdings are part of a long-term plan. Michael Saylor has stated many times that the asset is viewed as a long-duration treasury reserve. The company has also said that price moves do not affect its intent to continue acquiring Bitcoin. Strategy’s total Bitcoin value currently sits between $45 billion and $47 billion, depending on market conditions each day. The variation continues to create large quarterly changes in reported earnings. In a recent quarter, the firm reported a large loss driven mainly by Bitcoin’s decline, and the company noted that this was tied to price movements rather than core operations. Funding Strategy and Equity Programs Strategy continues to rely on equity programs to finance its Bitcoin purchases. The company has $37.4 billion in securities available for future sales. This includes about $7.8 billion in MSTR stock and $20.3 billion in STRK preferred stock. Preferred stock issuances have become a key part of the firm’s financing structure. These include STRK, STRF, STRD, STRC, and STRE. Only STRK can be converted into common shares. Dividend payments range from 8 to 10%. A company spokesperson explained that “preferred dividends are discretionary, and non-payment does not require liquidation of Bitcoin.” Source: Polymarket Convertible notes remain another part of the capital stack. Strategy has stated, as we reported , that it can meet its $6 billion debt load even in a lower-price Bitcoin environment. The company said its liquidity position is managed to avoid forced sales of Bitcoin. Meanwhile, on Polymarket, 86% of traders have placed their bets that Strategy will hold its BTC holdings throughout the year.

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Step Finance Shuts Down after $27 Million Security Breach Hits Solana DeFi Scene

  vor 8 Monaten

Step Finance and affiliates ceased operations after a $27 million security breach in January 2026. The shutdown impacted SolanaFloor and Remora Markets, ending all services by February. Continue Reading: Step Finance Shuts Down after $27 Million Security Breach Hits Solana DeFi Scene The post Step Finance Shuts Down after $27 Million Security Breach Hits Solana DeFi Scene appeared first on COINTURK NEWS .

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