1h ago
Bitcoin drops 5% to $64,000 as $175B Trump tariff refund shock follows Feb. 20 Supreme Court ruling
On Feb. 20, the US Supreme Court struck down Donald Trump's emergency tariffs under IEEPA, putting more than $175 billion in potential refund exposure into play and leaving the refund process unclear. Bitcoin quickly fell almost 5% to around $64,000 as desks, facing uncertainty over cash flows and Customs collection mechanics, sold liquid assets to raise dollars and cut risk.
Selected
1h ago
1h ago
Former Mt. Gox CEO Proposes Bitcoin Hard Fork to Reclaim 79,956 BTC from 1Feex Address
On 28 February 2026, former Mt. Gox CEO Mark Karpelès released a draft plan for a Bitcoin hard fork aimed at recovering 79,956 BTC tied to the 2011 exchange hack and held in the “1Feex” address. The proposal would redirect the coins, worth over $5.2 billion at current prices, into Japan’s court-led civil rehabilitation for Mt. Gox creditors, but has reignited debate over immutability, potential chain splits, and short-term downside risk for Bitcoin’s price.
BTC
BTC-1.93%
1h ago
1h ago
US and Israeli Strikes on Iran Raise Questions Over Bitcoin Hashrate Risk and Network Resilience
On February 27, debate over Iran's role in Bitcoin mining intensified after an analyst claimed the country runs a heavily subsidized $1 billion operation that could be crippled by airstrikes. Some market participants warned a sustained attack on Iran's grid might erase its estimated 2%–5% share of global hashrate, while others argued that even a 5% drop would not disrupt Bitcoin's overall network stability.
1h ago
2h ago
How Existing U.S. Financial Laws Shape Crypto Custody, Platforms and Stablecoin Oversight
Materials from the Securities and Exchange Commission and the Office of the Comptroller of the Currency describe how existing U.S. financial statutes are being applied to crypto custody, trading platforms, and payment stablecoins. Rather than creating new legal categories, these documents analyze custody through the Advisers Act and Investment Company Act, platform conduct through Exchange Act registration rules, and stablecoin issuance through OCC rulemaking under federal banking authority.
Selected
2h ago