Wu's Daily Selected Crypto News - U.S. February Annual Inflation Rate Remains at 2.4%, in Line with Expectations; Core Inflation Rate Steady at 2.5%

1. The U.S. February annual inflation rate remains at 2.4%, in line with expectations, and core inflation stays steady at 2.5%.

As of February 2026, the U.S. annual inflation rate remains at 2.4%, unchanged from January, meeting expectations and at the lowest level since May 2025. Energy prices rose 0.5%, food prices increased 3.1%. On a monthly basis, the Consumer Price Index (CPI) rose 0.3%, slightly higher than January’s 0.2%, in line with expectations. Housing prices increased 0.2%, contributing most to inflation. Meanwhile, core inflation, excluding food and energy prices, remains at 2.5%, steady from January, near the lowest since 2021. On a monthly basis, core CPI increased 0.2%, lower than last month’s 0.3%.

2. U.S. Senators seek compromise on stablecoin yields to advance the Clarity Act

U.S. Senators are seeking a compromise on stablecoin yields to push forward the Digital Asset Market Clarity Act. Banking industry concerns revolve around stablecoin yields attracting funds away from bank deposits, while some lawmakers and crypto industry advocates propose exploring incentives related to trading activities while limiting yield based on holding size. Senators Angela Alsobrooks and Thom Tillis are promoting a bipartisan solution aimed at preventing deposit outflows while preserving financial innovation.

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3. Arthur Hayes: War itself may not be good for Bitcoin, but “money printing is”

Arthur Hayes states that if he only had $1 to invest right now, he wouldn’t buy Bitcoin but would wait until the Federal Reserve begins easing monetary policy and resumes printing money. He believes war itself may not benefit Bitcoin, but “money printing does.” Hayes also warns that geopolitical tensions could lead to large-scale sell-offs in stocks and crypto markets, and that Bitcoin could fall below $60,000. However, he maintains a long-term bullish outlook, expecting Bitcoin to surpass $100,000 in the coming years.

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4. Bloomberg: Chen Zhi was extradited to China in January; his lawyer requests the U.S. government to revoke the seizure of approximately 127,271 Bitcoins

Suspected of operating a transnational “pig-butchering” scam network, Cambodian Chinese businessman Chen Zhi was extradited to China in January. However, his lawyer recently filed a motion in the U.S. Federal Court in New York to revoke the seizure of about 127,271 Bitcoins. The lawyer claims the charges are “clearly mistaken” and questions the connection between these Bitcoins and fraud or money laundering activities. Previously, the U.S. Department of Justice accused Chen Zhi of running a transnational scam and gambling network, freezing a large amount of his assets.

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5. QCP: Market enters “stagflation” pricing mode; long-term holders accumulate significant BTC in the $60,000–$70,000 range

QCP analysis indicates that after geopolitical shocks, Bitcoin has shown resilience, rebounding near $70,000. Long-term holders have accumulated significantly in the $60,000–$70,000 range. On a macro level, the market has entered a “stagflation” pricing mode. G7 and IEA plan to coordinate the release of 300 to 400 million barrels of strategic oil reserves, likely setting a record scale to address oil price volatility. In the options market, implied volatility has fallen to the mid-50% range, but risk reversals remain negative, reflecting ongoing pricing of tail risks and a lack of strong bullish confidence.

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