While the downtrend continues at LTC $51.84, RSI is oversold and MACD is giving a bull signal. Critical support at $51.72, BTC correlation is increasing risks; a cautious approach is recommended.
Another prominent crypto firm has secured a bank charter from the OCC, with Crypto.com joining Circle, Ripple, and others.
IQMM's historic first-day launch underscores how traditional cash funds are adapting to compete in a stablecoin-driven landscape following the passage of the GENIUS Act.
Summary Price action has been nothing short of dismal over the past 30 days, with BTC down (-27% m/m), trading at lower prices (~$67k) than the deepest tariff tantrum troughs (~$76k). Over the past month, selling from older cohorts, >1yr, has fallen significantly to an expected total of 517k BTC in February, which would place it in the 33rd percentile of all time. Bitcoin miners operate in a challenging environment due to the combination of volatile revenues and costs, a structurally declining block subsidy, and a highly competitive production landscape. Bitcoin has seen a sharp sentiment and leverage reset, but resilient onchain activity, slowing mid-cycle distribution, and tightening miner supply suggest fundamentals are stronger than price implies. Key takeaways Sentiment deteriorates as BTC declines: Bitcoin ( BTC-USD ) fell 29% over the last 30 days, pushing NUPL toward the anxiety zone and briefly into fear, while leverage reset and open interest returned to levels last seen in September 2024. Mid-cycle holders drive distribution but selling slows: Realized selling remains concentrated in the 1-to-5-year cohorts, though distribution from >1 year coins has slowed meaningfully over the past month. Miner margins tighten as hash rate contracts: Hash rate has declined roughly 14% over the past 90 days amid tighter mining economics, a setup that has historically preceded stronger forward BTC returns. Sentiment Reset and Price Weakness Price action has been nothing short of dismal over the past 30 days, with BTC down (-27% m/m) , trading at lower prices (~$67k) than the deepest tariff tantrum troughs (~$76k). 30-day Average NUPL (net unrealized profit/loss) presently reads 0.33, which is off (-43%) y/y, placing it in the “optimism/anxiety” zone. On a daily basis, NUPL breached the “fear” zone, dropping to 0.12 during the dramatic price decline on February 2, 2026. Currently, the 30-day MA (moving average) of Bitcoin addresses that are in profit is (76%) compared to (96%) a year ago. During bear markets, the percentage of addresses in profit has reached as low as (40%), while the most recent bear market bottom was (52%) in December 2022. Bitcoin Net Unrealized Profit and Loss 30-Day Moving Average Source: Glassnode as of 2/14/2026. Past performance is not a guarantee of future results. Not intended as a recommendation to buy or sell any securities named herein. The negative price action has led to speculation fading. Futures annualized basis is now (4.2%), placing it in the 22nd percentile in Bitcoin’s history. Futures open interest, measured in BTC, stands at 362k , slightly below the 3-year average of 366k . When assessed in dollar terms, open interest in Bitcoin is at its lowest levels since September 2024. Network Activity Remains Elevated Onchain activity looks healthier than price action suggests. Over the last 30 days, daily transactions are only modestly lower (-1% m/m) but remain elevated in historical context, sitting in the 90 th percentile relative to all-time history. Meanwhile, Avg Daily Transfer Volume ((USD)) rose (+2% m/m) and remains in the 87 th percentile. These figures remain elevated due to increased Bitcoin trading volume. At the same time, Daily Inscriptions dropped (-32% m/m), and Avg Daily Fees ((USD)) declined (-7% m/m) and are down (-62%) y/y, pointing to lower demand for Bitcoin block space and lower network revenues. As a result of elevated network activity, the Active Supply over the last 180 days reached (31%), and while Supply Dormant >3Yr reached (43%), which ranks in the 89 th percentile all time. Where the Selling Is Coming From In our prior analysis of Bitcoin long-term holders , we focused on the number of tokens that had remained dormant for longer periods. Token dormancy is a useful proxy for investor behavior because it indicates whether older Bitcoin is being stored or sold. If a coin has not moved in 3.5 years, for example, it falls into the 3yr-5yr dormancy band. Once it is transferred to a new address, it moves to the youngest age cohort, and we consider that it was sold to a new owner. Dormancy balances, however, can shift for mechanical reasons as coins age from one band to the next. To isolate coins actually being spent, we use spent-volume age-band data. SVAB measures the age distribution of coins at the moment they are transferred, providing a clearer view of realized selling pressure by cohort. Cyclical Selling Concentrated in 1-Year to 5-Year Cohorts Based on Spent Volume Data SVAB 1yr-2yr 2yr-3yr 3yr-5yr 5yr-7yr 7yr-10yr >10yr 2012 438,875 59,164 1,151 0 0 0 2013 1,514,798 631,846 85,416 0 0 0 2014 795,550 544,017 94,906 1,480 0 0 2015 1,052,489 290,445 141,679 2,323 0 0 2016 1,263,772 710,073 354,412 64,998 0 0 2017 2,196,118 1,145,497 2,235,652 523,463 72,946 0 2018 1,359,986 321,913 1,124,111 253,927 26,720 0 2019 3,710,141 867,428 717,879 348,344 43,438 0 2020 4,350,477 2,496,133 705,187 236,285 120,677 19,116 2021 4,129,873 3,044,837 3,419,775 249,410 388,891 57,941 2022 4,144,841 1,156,913 1,521,787 572,237 211,415 51,849 2023 2,626,936 1,071,507 702,083 487,834 82,454 58,171 2024 3,555,412 1,663,498 2,872,341 1,478,015 470,341 136,499 2025 3,587,671 1,422,846 3,306,952 704,274 512,483 298,764 2026 414,110 123,462 144,641 46,879 65,855 20,473 Spent Volume by Age Band. Source: Glassnode as of 2/14/2026. Past performance is not a guarantee of future results. Not intended as a recommendation to buy or sell any securities named herein. The table above confirms our previous assertion that most of the cyclical selling is occurring in the 1yr-5yr cohorts, while the >5yr cohorts are parting with relatively smaller amounts of their coins. Across most age clusters, we can also see cyclical selling patterns that tend to conform to the “4-year cycle.” Among age groups, the most dramatic swings in transfer volume have occurred in the 3yr-5yr segment. Historically, this cohort has tended to distribute more in the year after the halvening while reducing transfer activity in other years. In the current cycle, we believe some investors pulled forward sales due to the January 2024 ETP launch and the November 2024 election of Donald Trump. Both events coincided with sharp price appreciation and may have increased the incentive to realize gains sooner than in prior cycles. Distribution Is Slowing However, over the past month, selling from older cohorts, >1yr, has fallen significantly to an expected total of 517k BTC in February, which would place it in the 33 rd percentile of all time. In the 1yr-2yr band, token sales have dropped the most dramatically, falling to a pace of 190k , which places it in the 9 th percentile since January 2020. The key point is not that distribution has ended, but that the most active selling cohorts appear to be stepping back as Bitcoin trades at a lower price. As demonstrated by the 1y-2y cohort, who would have accumulated at an average price of ~$72.7k over their buying period, the lack of selling is likely because many are underwater on their token buys. However, this has not prevented investors from realizing painful losses as sellers have absorbed -$22.5B over the past 30 days, which ranks in the 91 st percentile since 2020. Spent Volume by Age Band Shows Broad Increase in Selling in November 2025 Spent Volume by Age Band. Source: Glassnode as of 2/16/2026. Past performance is not a guarantee of future results. Not intended as a recommendation to buy or sell any securities named herein. Bitcoin Miners’ Economics Tighten Hash Rate Declines Bitcoin miners operate in a challenging environment due to the combination of volatile revenues and costs, a structurally declining block subsidy, and a highly competitive production landscape. Revenue is volatile because it is tied to the Bitcoin price and to a miner’s relative share of the network's hashing power. On the cost side, the main operating input is electricity, and power prices often swing independently of Bitcoin’s price. Halvening cycles reduce the block subsidy over time, so miners are competing for a structurally smaller reward pool unless Bitcoin price or network transaction fees rise enough to offset the decline in block subsidies. To stay competitive, miners must continuously reinvest in more efficient ASICs and infrastructure. Because network hashing power tends to increase over time, miners also need to expand their hashing power to maintain their share of block rewards. If they do not upgrade, they risk losing share as their machines become uncompetitive. If they do upgrade, they take on significant CAPEX with uncertain payback periods given the volatility of Bitcoin’s price, network difficulty, and power costs. Antminer S19 XP Is Uneconomical to Operate Above $0.07 kWh Source: Glassnode, VanEck Research as of 2/16/2026. Past performance is not a guarantee of future results. Not intended as a recommendation to buy or sell any securities named herein. When Bitcoin’s price falls, miner revenue typically declines almost immediately. Both realized BTC pricing and the hash price (revenue per unit of hashing power) compress, while major variable costs, such as electricity, generally remain unchanged. In downturns, some miners reach a point where the marginal cost of running certain ASICs exceeds the marginal revenue. When that happens, they power down machines that are no longer economical to run. Hash Rate Contraction and Forward Returns At current BTC prices, for example, the Antminer S19 XP becomes unprofitable for miners paying more than about $0.07/kWh. Once fixed overhead is included, some operators can be deeply unprofitable on an all-in basis. Riot illustrates this dynamic. For its 3Q2025 earnings report, it cites an estimated cost to mine one bitcoin of roughly $46,000 excluding depreciation, versus about $89,000 including depreciation. Consistent with these pressures, the Bitcoin network hash rate has declined by roughly (-14%) over the past 90 days. Sustained 90-day hash rate drawdowns are relatively uncommon. We have identified 12 notable periods in which the hash rate fell for over 90 days. The most severe decline of the industrial-scale mining era (post-2013) occurred in summer 2021, when China’s mining ban contributed to an approximate (-40%) drop-in network hash rate. Finally, as noted in our prior research, these periods of hash rate contraction have historically preceded strong forward BTC returns over the subsequent 90 days. An interesting feature of the latest decline in hash rate is that it may relate to record cold weather across North America. Therefore, we are unsure as to the extent voluntary curtailment, rather than economic rationale, is causing the has rate drops. We will continue to monitor the situation to assess network health. Bitcoin Network Hash Rate Declines # Start Date End Date Duration (Days) Highest Drop inHash Rate (%) Avg BTC 90-DayForward Return (%) 1 2009-05-09 2009-10-21 166 -62.11 No Price 2 2011-10-14 2012-01-27 106 -37.50 52.73 3 2013-01-21 2013-02-16 27 -6.04 492.78 4 2018-11-24 2019-02-28 97 -26.43 42.89 5 2020-05-21 2020-06-22 33 -10.94 16.90 6 2020-11-15 2020-11-21 7 -0.87 186.16 7 2020-12-24 2020-12-29 6 -1.19 111.76 8 2020-12-31 2021-01-05 6 -1.15 87.01 9 2021-06-09 2021-09-20 104 -40.36 36.37 10 2022-07-21 2022-09-08 50 -9.06 -17.58 11 2024-06-23 2024-08-03 42 -6.59 4.69 12 2026-01-11 2026-02-16 37 -14.22 Unknown Source: Glassnode as of 2/16/2026. Past performance is not a guarantee of future results. Not intended as a recommendation to buy or sell any securities named herein. The AI Pivot in Bitcoin Mining One theme that has continued to disrupt the mining space is miners converting their facilities into AI data centers. Of the Bitcoin miners in our coverage universe, all have allocated some portion of their current or future production facilities to AI. One miner that remains committed to being a pure play is Bitdeer, which is pursuing a limited AI buildout alongside commitments to expand hashing power and mining efficiency through self-produced machines. On weaker tape, the market is paying for near-term resilience and cash flow visibility, which helps explain why BTC miners credibly converting capacity into AI data center operations are being rewarded. The AI pivot is viewed as a path to higher, more stable future revenue per MW, so miners with believable AI buildouts often trade at higher valuation multiples on their power portfolios. By contrast, a miner that remains more exposed to pure mining economics can underperform AI-evolving peers during BTC drawdowns, even as it improves operationally, because its earnings remain tightly linked to the BTC price and network difficulty. BTDR fits that profile. Its stock has also faced a specific AI overhang tied to its inability to move forward with AI plans at its Clarington, OH facility, but the broader driver of relative weakness is its more concentrated exposure to BTC mining. As a result, BTDR’s equity price is down (-40%) in the past month. Bitdeer Operational Progress Operationally, Bitdeer has made meaningful progress. The company substantially increased fleet efficiency from 30.4 J/TH in 4Q2024 to 17.9 J/TH in 4Q2025. Likewise, the company ended January 2026 with over 63 EH/s of self-mining hashing power, up from just 9.2 EH/s in January 2025. Bitdeer management has not disclosed the extent of its hash power expansion through 2026, but we estimate it has around 413 MW where it can deploy its new, proprietary SEALMINER A3 ASICs. If the company can deploy 50k SEALMINERS to this power in 2026, it could add 33 EH/s, bringing its total to 96 EH/s. If this were accomplished, Bitdeer would generate an additional $335M of BTC at current Bitcoin prices and hash rates. The practical implication is that efficiency gains alone may not be enough to change investor perception in the short run. If BTC remains weak and difficulty stays high, the AI pivoters will continue to outperform. For Bitdeer, it will be important to monitor its progress in deploying new miners’ rigs, how quickly it can deploy new capacity, and whether it can fund expansion without diluting shareholders at unfavorable prices. Update: On February 19, prior to market open, Bitdeer announced a $300M convertible bond issuance. The stock declined approximately 15% pre-market following the announcement. We hold no position. 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Cryptocurrency markets often whisper before they roar, and keen observers can gain a critical edge by interpreting early signals. Among these, open interest —a measure of active derivative contracts—has emerged as one of the clearest predictors of XRP’s price momentum. Historical trends suggest that when open interest rises, price frequently follows, providing traders with a potential roadmap for upcoming moves. Chad Steingraber recently highlighted this phenomenon on X, analyzing XRP’s open interest trends from August 2023 through February 2026. His findings illustrate a tight correlation between periods of rising open interest and significant price rallies, including the late 2024 surge. Currently, with open interest at $2.33 billion and XRP trading around $1.43, the data points to the possibility of another bullish leg if history repeats itself. What Open Interest Reveals Open interest reflects the total number of active futures and options contracts on a particular asset. Unlike trading volume, which only measures activity within a given timeframe, open interest represents the cumulative exposure and commitment of traders. Rising open interest signals that participants increasingly expect continued price movement, often amplifying market trends as positions accumulate. Looking at the XRP Open Interest, you can clearly see that in history when Open Interest begins to go up… …the price of XRP follows almost exactly the same pattern. This is an EXTREMELY great indicator to follow to predict the price just before it happens. https://t.co/yBFT6NwWhv pic.twitter.com/asnhbVCLiO — Chad Steingraber (@ChadSteingraber) February 22, 2026 In XRP’s case, historical charts show a striking alignment: spikes in open interest consistently precede upward price momentum. Chad Steingraber’s overlay of XRP price and open interest demonstrates that the two metrics have moved in tandem during key rallies, validating open interest as a predictive indicator. Current Market Context The present market structure reinforces the bullish case. XRP’s February 2026 open interest of $2.33 billion sits at a level that historically preceded notable price gains. During the late 2024 rally, sustained open interest accumulation created the foundation for one of XRP’s most powerful moves in recent years. The current alignment of rising open interest with supportive macro conditions and growing institutional adoption could indicate a similar trajectory. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Implications for Traders and Investors For traders, monitoring open interest provides an anticipatory signal rather than a reactive one. Rising open interest suggests that both institutional and retail participants are increasing exposure, potentially amplifying buying pressure and momentum. When combined with price action and other technical indicators, this metric can serve as an early warning for a significant move. While no indicator guarantees future results, XRP’s historical correlation between open interest and price offers a valuable framework for forecasting short-term trends. As open interest continues to climb, traders and long-term holders may find themselves well-positioned to capitalize on the next potential bullish wave. The patterns are clear, the data is compelling, and history may be ready to repeat itself—making open interest one of the most closely watched signals in XRP’s market right now. 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 urged to do in-depth 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 Twitter , Facebook , Telegram , and Google News The post XRP Open Interest Is Rising. Here’s What Will Happen to Price If History Repeats appeared first on Times Tabloid .
BitcoinWorld USD/CHF Stalemate: Navigating the Tense Standoff Between US Trade Uncertainty and Swiss Economic Headwinds In global currency markets, the USD/CHF pair has entered a prolonged period of consolidation, trapped between conflicting economic forces from both sides of the Atlantic. As of early 2025, traders observe this currency pair moving within its tightest trading range in months, reflecting market indecision amid significant fundamental pressures. This stalemate between the US dollar and Swiss franc reveals deeper economic narratives that demand careful examination. USD/CHF Technical Analysis and Current Trading Range Technical charts clearly demonstrate the USD/CHF pair’s constrained movement between 0.8850 and 0.8950 throughout recent trading sessions. Market analysts note this represents the narrowest 30-day trading band since the third quarter of 2024. Furthermore, the 50-day and 200-day moving averages have converged unusually close, typically signaling impending volatility. Daily trading volumes have declined approximately 18% compared to last month’s average, indicating reduced market participation during this consolidation phase. Several technical indicators support the range-bound assessment. The Relative Strength Index (RSI) consistently fluctuates between 40 and 60, showing neither overbought nor oversold conditions. Bollinger Bands have contracted to their tightest configuration in six months, suggesting compressed volatility that often precedes significant price movements. Support and resistance levels have held remarkably firm despite multiple tests from both directions. Key Technical Levels for USD/CHF Traders Level Type Significance 0.8950 Resistance Tested 4 times in past 10 sessions 0.8900 Psychological Major round number attracting orders 0.8850 Support Protected by Swiss National Bank interest 0.8800 Critical Support 2025 yearly low, breach would signal trend change US Trade Policy Uncertainty Weighs on Dollar Sentiment Multiple factors contribute to the US dollar’s constrained performance against the Swiss franc. The Biden administration’s ongoing trade negotiations with China and the European Union remain unresolved, creating persistent uncertainty for dollar-denominated assets. Additionally, the Federal Reserve’s cautious approach to interest rate adjustments in 2025 has removed a traditional dollar-supportive catalyst. Market participants particularly note the absence of clear guidance on future monetary policy direction. Recent economic data from the United States presents a mixed picture that further complicates dollar positioning. While employment figures remain robust, manufacturing indicators show concerning softness. Industrial production declined 0.3% month-over-month in the latest report, marking the second consecutive monthly decrease. Consumer sentiment surveys reveal growing concerns about trade-related inflation pressures, potentially affecting future spending patterns. Several specific trade policy developments directly impact currency markets: EU Digital Services Tax negotiations remain stalled US-China technology transfer discussions face renewed complications NAFTA 2.0 implementation encounters unexpected regulatory hurdles Agricultural export subsidies face WTO challenge proceedings Swiss Economic Data Reveals Underlying Vulnerabilities Switzerland’s economic indicators present their own challenges for franc strength. The Swiss National Bank’s latest quarterly report shows concerning trends in multiple sectors. Most notably, manufacturing PMI registered at 48.7 in the most recent reading, remaining below the expansion threshold of 50 for three consecutive months. This industrial softness contrasts with Switzerland’s traditionally robust manufacturing sector performance. Consumer-related metrics also show moderation from previous strength. Retail sales growth slowed to 1.2% year-over-year in the latest data, down from 2.4% in the previous quarter. Inflation metrics remain exceptionally subdued at 0.8% annually, well below the SNB’s target range. These figures collectively reduce pressure for monetary policy tightening that might otherwise support the franc. Export performance presents particular concerns for Swiss economic health. Watch exports declined 3.2% in the latest monthly data, while pharmaceutical exports showed only marginal growth of 0.7%. The strong franc relative to the euro continues to challenge Switzerland’s export-dependent economic model, particularly affecting small and medium-sized enterprises in precision manufacturing sectors. Swiss National Bank’s Delicate Balancing Act The SNB faces complex policy decisions amid these economic crosscurrents. Historically, the central bank has intervened to prevent excessive franc appreciation that could harm export competitiveness. However, current conditions present conflicting signals. While soft economic data suggests accommodative policy might be appropriate, global risk sentiment often drives safe-haven flows into the franc during periods of uncertainty. Market observers note the SNB’s foreign currency reserves have remained relatively stable in recent months, suggesting limited intervention activity. This passive stance may reflect the central bank’s assessment that current USD/CHF levels don’t require active management. However, analysts widely expect the SNB would intervene decisively if the pair approached the psychologically significant 0.8800 level. Comparative Analysis: USD/CHF Versus Other Major Pairs The USD/CHF pair’s range-bound behavior contrasts with more directional movements in other major currency pairs. While EUR/USD has trended gradually higher throughout early 2025 and GBP/USD has shown increased volatility amid Brexit implementation uncertainties, USD/CHF has remained remarkably contained. This divergence highlights the unique dynamics affecting the Swiss franc relative to other European currencies. Several factors explain this distinctive behavior. Switzerland’s traditional safe-haven status provides underlying franc support during periods of global uncertainty. However, simultaneous concerns about Swiss economic performance limit appreciation potential. This creates the perfect conditions for range-bound trading where opposing forces achieve temporary equilibrium. The correlation between USD/CHF and traditional risk indicators has weakened noticeably in recent months. Historically, the pair showed strong inverse correlation with equity market performance, but this relationship has diminished as Swiss-specific factors gained prominence. This decoupling represents a significant shift in how markets price the franc relative to global risk sentiment. Market Participant Perspectives and Positioning Data Commitment of Traders reports reveal interesting positioning dynamics in USD/CHF markets. Commercial hedgers have maintained relatively balanced positions, suggesting corporate uncertainty about future direction. Meanwhile, leveraged funds show slight net short positioning, indicating speculative sentiment leaning toward franc strength. However, positioning extremes that often precede trend reversals remain absent from current data. Institutional research departments express varied views on the pair’s future direction. Major investment banks’ forecasts for year-end 2025 USD/CHF levels range from 0.8700 to 0.9100, reflecting substantial analyst disagreement. This wide dispersion of professional opinions further contributes to the current trading range, as conflicting institutional flows offset each other. Options market data provides additional insight into market expectations. Implied volatility for USD/CHF options remains elevated relative to realized volatility, suggesting traders anticipate increased price movements despite current range-bound conditions. The volatility skew shows slightly greater demand for calls than puts, indicating modest expectations for eventual dollar strength. Historical Context and Previous Range-Bound Periods Current USD/CHF trading patterns resemble several historical periods of consolidation. The pair experienced similar range-bound behavior for approximately four months during 2019, before breaking decisively lower amid global growth concerns. Earlier, in 2015-2016, the pair consolidated for nearly five months before the SNB’s unexpected policy shift triggered dramatic movement. Historical analysis suggests range-bound periods typically resolve with significant directional moves. The duration of consolidation often correlates with the magnitude of subsequent price movement. Current conditions have persisted for approximately two months, suggesting potential for meaningful breakout once fundamental catalysts emerge. Previous range resolutions provide useful reference points for current market conditions. The 2019 breakdown followed deteriorating global manufacturing data, while the 2016 breakout responded to central bank policy divergence. Current markets await similar fundamental triggers to establish new directional trends. Potential Catalysts for Future USD/CHF Direction Several upcoming events could break the current USD/CHF stalemate. The Federal Reserve’s next policy meeting in March 2025 may provide clearer guidance on interest rate trajectories. Additionally, Swiss inflation data for February will offer important insights into domestic price pressures. Trade negotiation developments between the US and major partners represent another potential volatility catalyst. Technical factors also suggest potential breakout timing. The compression of Bollinger Bands to multi-month lows typically precedes significant price movement. Furthermore, declining trading volumes during consolidation often indicate accumulating energy for future directional moves. Chart patterns show the pair approaching the apex of a symmetrical triangle, suggesting resolution within weeks. Seasonal considerations may influence timing. Historically, March and April have shown above-average volatility for USD/CHF, coinciding with corporate hedging activity and fiscal year-end flows. These seasonal patterns could provide the additional impetus needed to break current technical ranges. Conclusion The USD/CHF pair remains firmly range-bound amid conflicting fundamental pressures from both the United States and Switzerland. US trade policy uncertainty limits dollar strength, while soft Swiss economic data constrains franc appreciation. This equilibrium reflects broader market indecision about relative economic trajectories. Technical indicators suggest compressed volatility that typically precedes significant price movements. Market participants await clear catalysts to establish new directional trends for this important currency pair. The current USD/CHF stalemate highlights the complex interplay between global trade dynamics and domestic economic performance in major currency valuations. FAQs Q1: What does “range-bound” mean for USD/CHF? The USD/CHF currency pair is trading within a relatively narrow price range, typically between specific support and resistance levels, without establishing a clear upward or downward trend. Q2: How does US trade policy affect USD/CHF? Uncertainty about US trade negotiations creates dollar volatility concerns, potentially limiting dollar strength against safe-haven currencies like the Swiss franc during periods of trade policy ambiguity. Q3: What Swiss economic data is currently weak? Recent data shows softness in Swiss manufacturing PMI, moderated retail sales growth, subdued inflation metrics, and concerning export performance in key sectors like watches and pharmaceuticals. Q4: Why is the Swiss franc considered a safe-haven currency? The franc traditionally attracts capital during global uncertainty due to Switzerland’s political stability, strong institutions, historical neutrality, and substantial foreign exchange reserves. Q5: What could break the current USD/CHF trading range? Potential catalysts include clear Federal Reserve policy guidance, significant Swiss economic data surprises, breakthrough in US trade negotiations, or unexpected Swiss National Bank intervention. This post USD/CHF Stalemate: Navigating the Tense Standoff Between US Trade Uncertainty and Swiss Economic Headwinds first appeared on BitcoinWorld .
Crypto has been nearly perfectly correlated with a key software sector ETF, and that gauge has tumbled another 5% Monday to a new 52-week low.
SEC has approved that broker-dealers can apply a 2% haircut to stablecoin reserves. While Hester Peirce supports it, the GENIUS Act propelled the market to 295 billion dollars. ALT in downtrend at ...
XRP hasn’t just been moving on price charts lately; it has been popping up in major conversations across banking, real-world assets, and even US politics. New updates have surfaced in the past few days that touch everything from Japan’s biggest financial group to tokenized US Treasuries and a surprising development out of Washington. These updates offer important context about what’s building for XRP and Ripple behind the scenes and how they can affect the cryptocurrency’s price action. Major Banking Group Makes Huge XRP Announcement A new announcement from SBI Holdings has reiterated growing institutional interest in XRP in the Asian market . A press release dated February 20, 2026, from SBI Ripple Asia Corporation confirmed the start of technical support aimed at implementing blockchain utilization in financial services. The summary specifically references the use of the XRP Ledger in financial applications. The development comes alongside SBI’s launch of a 10 billion yen (approximately $64.5 million) blockchain-based bond for individual investors. The SBI START Bonds will offer fixed interest, blockchain-based settlement, and XRP rewards for eligible participants registered on the company’s exchange platform. SBI has long been one of Ripple’s closest institutional allies and currently holds a 9% stake in Ripple Labs, making this expansion of blockchain-backed financial products particularly notable for XRP holders. Crypto commentator JackTheRippler reacted strongly to the update on the social media platform X, adding that sleeping crypto traders will only start to wake up when they see the XRP price at $100. XRPL Leading Treasury Products; Tariff Ruling Signals Volatility On-chain data shows that the XRP Ledger is increasing its position in the tokenized U.S. Treasury space. According to figures from RWA.xyz shared by analyst Xaif Crypto, XRPL now accounts for roughly 63% of the tokenized US Treasury supply in the OpenEden Treasury Bills (TBILL) Vault. The OpenEden Treasury Bills is a smart contract vault that offers investors direct exposure to short-dated US Treasury bills (US T-Bills) through the TBILL token. TBILL issuance on XRPL has climbed to about $61.7 million at the time of writing, placing it ahead of networks such as Ethereum, Solana, and Arbitrum in this category. In a recent video, crypto commentator Levi Rietveld discussed a US Supreme Court ruling that declared President Donald Trump’s tariffs illegal and how the next sequence of events might affect cryptos, including XRP, in the coming days and weeks. Due to the ruling, the US government could face up to $150 billion in tariff refunds. However, the court reportedly warned that the refund process may be complex, and President Trump has indicated he has a backup strategy to address the situation. Rietveld suggested that these developments and refunds could lead to intense volatility across financial markets, including crypto. Notably, macro events like this have always had an effect on the price action of XRP.
After a quiet failure in 2025, a revived crypto bill is forcing Missouri to hold Bitcoin for five years.