Monetary Policy

ChainCatcher News, according to Jinshi reports, CME "Federal Reserve Watch" shows that there is a 92.1% probability that the Federal Reserve will keep interest rates unchanged until March, and a 7.9% probability of a 25 basis point rate cut. By April, the probability of a total 25 basis point rate cut is 23.6%, the probability of keeping rates unchanged is 75%, and the probability of a total 50 basis point rate cut is 1.5%. By June, the probability of a total 25 basis point rate cut is 50%.

On February 17, 2026, from 17:30 to 17:45 (UTC), BTC experienced a sharp decline of -0.71% within just 15 minutes, with significant volatility attracting market attention. In terms of market performance, the price showed a rapid downward movement, reflecting short-term pressure and a temporary weakening of risk appetite. Trading volume also increased simultaneously, indicating intense disagreement between bullish and bearish funds during this window. The main driver of this anomaly was a sudden large-scale BTC sell-off event on a major mainstream trading platform. Due to a mistaken Bitcoin airdrop announcement by a leading platform in South Korea, the BTC/KRW trading pair on the platform briefly plummeted to a low of 17.

The Bank of Russia plans to reassess its opposition to stablecoins and conduct a feasibility test this year due to rising demand. Amidst global stablecoin adoption, Russia may develop its own ruble-pegged stablecoin alongside its digital ruble initiative.

Bundesbank backs euro CBDC and stablecoins to boost payment independence across Europe. Nagel warns dollar stablecoins could weaken EU monetary policy and sovereignty. US stablecoin law and CLARITY Act talks shape global digital asset regulation debate. Joachim Nagel, president of

Joachim Nagel advocates for euro-pegged stablecoins and a retail digital euro to enhance EU autonomy from U.S. dollar systems. He emphasizes regulatory frameworks for financial stability while addressing ongoing discussions on digital currency design.

By the end of 2025, China's broad money supply (M2) reached 340.29 trillion RMB, a surge of 141.64 trillion compared to 2019. Analysis indicates that the main sources include credit expansion, government debt monetization, and financial asset purchases. Former Vice President of the Bank of China Wang Yongli criticized cryptocurrencies like Bitcoin as a form of currency anchoring, considering it a step backward, and emphasized that modern currencies no longer rely on the gold standard, reflecting the accelerated devaluation of the global fiat currency system.

Bitcoin's long-term holders show weaker accumulation post-February dip, indicating pressure and loss realization. Despite macro uncertainties, some analysts believe support at $60,000 may hold, citing strong buying flows and orderly market conditions.

ChainCatcher News, according to Jinshi reports, European Central Bank Executive Board member Nagel stated that euro-pegged stablecoins can facilitate inexpensive international transfers and complement the European Central Bank's efforts to promote the digital euro. He pointed out that Europe must become more independent in its payment systems and emphasized the importance of creating a digital euro. Nagel mentioned that euro-pegged stablecoins can be used by individuals and businesses for low-cost cross-border payments, indicating that the ECB's attitude towards this area is becoming more open.

Gate News bot message, Fed Governor Christopher Waller states post-election crypto euphoria is fading. Chinese exchanges tighten trading rules amid metals speculation surge. Senators ask Bessent to probe $500M UAE stake in Trump-linked $WLFI.

Russia's cryptocurrency market is booming at $648 million daily, highlighting extensive adoption but limited oversight. New regulations aim to legalize trades, potentially reclaiming $15 billion in fees and enhancing local exchange profits.

Cathie Wood suggests that Trump may eliminate capital gains taxes on small Bitcoin transactions in 2023, linking this potential policy shift to the upcoming midterm elections and the political importance of crypto voters. She also indicates possible future purchases for the U.S. Bitcoin reserve, emphasizing the strategic role of crypto in Trump's economic agenda.

The Bank of Russia plans to reassess its opposition to stablecoins and conduct a feasibility test this year due to rising demand. Amidst global stablecoin adoption, Russia may develop its own ruble-pegged stablecoin alongside its digital ruble initiative.

_Treasury Secretary Scott Bessent says the Trump administration will prioritize digital assets under strict U.S. regulatory and AML standards._ Trump Treasury Signals Major Shift on Crypto Regulation as Treasury Secretary Scott Bessent outlined a new direction for digital assets policy. He

From 12:15 to 12:30 (UTC) on February 16, 2026, ETH prices experienced a short-term rally, with K-line returns reaching +0.82%, rising from approximately $1,995 to about $2,011. The overall market trading volume was high, and volatility increased significantly, continuously boosting investor attention. The main drivers of this movement were an upward shift in macro risk appetite and large inflows into ETFs. Recently, with the Federal Reserve's rate cut expectations heating up, mainstream risk asset sentiment has been boosted. ETH spot ETF saw a single-day net inflow of up to $250 million, significantly strengthening liquidity support. The overall market liquidity

Gold and silver prices have declined, with gold at $5,007.70 per ounce. The US Dollar gained strength, reaching 97.008 on the Index. Meanwhile, cryptocurrencies, despite some volatility, have remained stable within a specific trading range.

The IMF's report highlights concerns over stablecoins' reliance on the U.S. dollar, warning they may disrupt monetary control and financial stability. It calls for international regulations to mitigate risks posed by their rapid growth.

The U.S. economy is approaching a "soft landing," with declining inflation, steady employment, and stable growth as the main indicators. However, core PCE approaching 3% and the impact of tariffs may limit inflation progress. At the same time, the labor market also shows signs of potential weakness, with the unemployment rate possibly rising, which could influence future Federal Reserve policies.

Jamie Dimon ruled out the possibility of becoming Federal Reserve Chair, emphasizing his preference for autonomy at JPMorgan. He may consider the Treasury Secretary role if it aligns with his views. His decision reduces potential pressures on crypto regulation and provides stability in financial leadership.

U.S. Treasury Secretary Scott Bessent has outlined what appears to be a huge change in Washington’s approach to digital assets. In a recent interview, Bessent stated that the Trump administration intends to “go big” on digital assets. However, not through blanket deregulation, but through

The global markets will see the release of important economic data this week, including the Federal Reserve meeting minutes and the preliminary Q4 GDP figures for the United States, which could influence monetary policy directions. Gold prices have slightly retreated, and the dollar's movement remains key, while the market is also paying attention to central bank actions in multiple countries and key rulings by the U.S. Supreme Court. Walmart's earnings report will impact retail market sentiment.