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Arizona moved closer this week to setting up a public reserve of cryptocurrency after lawmakers pushed a bill forward that names XRP among the tokens that could be held. The push came after a committee vote that cleared one of the early hurdles for Senate Bill SB1649, and the mention of XRP has already drawn attention from traders and public officials who track crypto policy. Committee Vote Moves Bill Forward According to reports, the measure won a 4–2 vote on February 16 and now heads toward the next steps in the chamber where it started. The vote came in a…

In brief UNESCO has projected that generative AI outputs could drive revenue losses of 24% for music creators and 21% for audiovisual creators by 2028. The report found digital revenues now make up 35% of creators’ income, up from 17% in 2018. Copyright lawsuits against OpenAI, Google, Meta, and Anthropic add to mounting legal issues over AI training practices. AI is poised to take a measurable bite out of the world’s creative economy, and the legal tools meant to protect artists are already showing their seams.UNESCO’s latest Re|Shaping Policies for Creativity report, a global monitoring study drawing on data from…

Short-term Bitcoin buyers are becoming cautious, and accumulation is slowing even as net positions stay positive. Bitcoin climbed above $126,000 in early October and recently crashed to $60,000 before a modest recovery near $68,000. Despite the brutal swing, many entities are still buying the asset, betting on a much-anticipated price appreciation. But a certain cohort of BTC holders has reduced this pace. Demand Deceleration Data shared by Alphractal revealed that the Short-Term Holder Net Position Change over 90 days is declining, despite remaining in positive territory. This means that while short-term holders are still accumulating Bitcoin, the pace of accumulation…

United States Federal Reserve policymakers discussed the possibility of interest rate increases last month, according to newly released comments from a January meeting.The minutes of the Federal Open Market Committee meeting from late January were released on Wednesday, revealing that some policymakers were mulling a rate hike due to stubbornly high inflation. Several participants indicated that they would support “the possibility that upward adjustments to the target range for the federal funds rate could be appropriate if inflation remains at above-target levels,” the minutes stated. Central bank policymakers voted to keep interest rates unchanged at 3.5% to 3.75% at their January meeting…

Bitcoin is on course to print its fifth consecutive weekly loss, which would mark the first such streak since March to May 2022, when bitcoin went down for nine consecutive weeks.As of Thursday Asia time, the largest cryptocurrency by market cap is already down roughly 3% on the week, below $67,000, according to CoinDesk market data, and leaving it vulnerable to another weekly red close. Macro pressures are adding to the technical weakness. According to the Wall Street Journal, the U.S. has amassed its largest concentration of air power in the Middle East since the 2003 Iraq invasion. While Washington…

The Federal Reserve’s January meeting minutes revealed a surprisingly hawkish committee. Several officials openly discussed rate hikes. That sets the stage for a dramatic policy clash when Kevin Warsh takes over as chair this summer.The Fed’s hawkish stance now threatens to box in Warsh before he even starts, raising the stakes for both monetary policy and crypto markets.Sponsored SponsoredA Committee Tilting Hawkish — Right Before a Leadership ChangeThe FOMC voted 10-2 on Jan. 28 to hold rates at 3.5%-3.75%. Governors Christopher Waller and Stephen Miran dissented. Both preferred a quarter-point cut, citing labor market risks.But the broader committee leaned the…

Solana failed to stay above $86 and corrected gains. SOL price is now below $84 and remains at risk of more losses below $80. SOL price started a downside correction below $86 against the US Dollar. The price is now trading below $85 and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $84 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $80 zone. Solana Price Dips Further Solana price failed to stay above $90 and started a downside correction,…

Panama City, Republic of Panama, February 18th, 2026, Chainwire Sai today launched Sai Perps, a perpetuals trading platform built to be as fast and intuitive as a centralized exchange with the transparency and self-custody of onchain settlement. The platform features gasless transactions, removing friction for traders while maintaining full onchain security. Sai also unveiled Let’s Go Saicho, a one-month onchain trading competition running February 18 through March 19, 2026, with $25,000 in total prizes. The campaign is structured in two phases designed to reward both performance and participation: a PNL competition for profitable traders, followed by a first-come, first-serve “Be…

In brief A misconfigured oracle priced cbETH at about $1 instead of roughly $2,200. Liquidations seized 1,096.317 cbETH and wiped out borrower collateral. The protocol was left with $1.78 million in bad debt pending a governance fix. A Sunday morning pricing glitch turned into a multimillion-dollar headache for the DeFi lending platform Moonwell, after a “misconfigured oracle” briefly valued Coinbase Wrapped ETH (cbETH) at just $1.The pricing error effected caused a 99.9% discount from the asset’s actual market value of roughly $2,200. The error triggered a wave of liquidations, ultimately leaving the platform with approximately $1.78 million in bad debt.“Once…

Bitcoin exchange-traded funds (ETFs) continue to hold billions in assets despite bitcoin’s brutal price crash, but that staying power isn’t necessarily the bullish signal that many have come to believe.According to one analyst, the resilience stems from market makers and arbitrageurs who trade in and out rather than die-hard long-term holders betting on price appreciation.Bitcoin’s BTC$67,709.77 price peaked above $126,000 in early October and recently crashed to nearly $60,000. Despite the price halving, the 11 spot bitcoin ETFs listed in the U.S. have cumulatively registered just $8.5 billion in net outflows. These funds still hold $85 billion in assets under…