Crypto Pericles

The U.S. Supreme Court delivered a major setback to President Donald Trump's economic agenda on February 20, 2026, ruling 6-3 that his sweeping global tariffs, imposed under the International Emergency Economic Powers Act (IEEPA), exceeded presidential authority and were unlawful!
Chief Justice John Roberts wrote the majority opinion, stating that the 1977 law did not grant the president power to unilaterally impose broad import levies on nearly every trading partner. The decision invalidated most of the tariffs enacted last year, potentially opening the door to billions in refunds for importers who paid the duties (estimates from prior collections exceed $130-200 billion, though the Court did not address repayment details).
In a defiant response, Trump denounced the justices as "fools" and "disgraceful," then swiftly imposed a new 10% across the board global tariff under alternative trade laws, set to take effect soon. This ruling reduces immediate trade war escalation and policy uncertainty that had weighed on global markets...
Impact on Cryptocurrency The decision provided short term relief to risk assets, including crypto. Bitcoin briefly surged about 2% post-ruling (climbing above $68,000 before pulling back), and the broader market saw a "relief bounce" as eased trade tensions boosted investor sentiment and liquidity expectations.
Key factors influencing crypto:
Reduced inflation and trade uncertainty, Tariffs had fueled inflation fears and economic slowdown risks, pressuring risk-on assets like cryptocurrencies. Striking down the broad tariffs eases these pressures, supporting higher liquidity flows into volatile markets such as Bitcoin and altcoins.Market volatility dynamics, Previous tariff threats (e.g., escalations with China) triggered massive liquidations and sell-offs in crypto, wiping out billions due to leveraged positions. The Court's invalidation removes a major uncertainty driver, potentially stabilizing sentiment and encouraging inflows.Political and policy implications, While modest in direct impact so far, the ruling shifts focus in Washington, possibly freeing bandwidth for crypto-friendly policies (e.g., regulatory clarity or innovation support). However, Trump's pivot to new tariffs introduces ongoing uncertainty, tempering gains.
Overall, the ruling favors a positive near-term outlook for crypto by curbing aggressive protectionism, though traders remain watchful of the administration's next moves and potential retaliatory actions from trading partners...
#BTC #ETH #AltSeasonComing

In a recent post on X, Elon Musk spotlighted the fundamental mission of xAI: to advance scientific discovery and deepen humanity's understanding of the universe.
Through its AI chatbot Grok, xAI emphasizes truth seeking above political correctness, while embracing principles such as appreciating beauty, uncovering the laws of physics, and ultimately extending consciousness across the stars. This reaffirmation arrives shortly after SpaceX's acquisition of xAI in early February 2026, a landmark move that merged the rocket pioneer with Musk's AI venture into what he described as "the most ambitious, vertically, integrated innovation engine on (and off) Earth." The deal unites rockets, space-based internet, communications, and advanced AI, with a bold vision of deploying orbital data centers powered by unlimited solar energy to fuel explosive AI growth beyond Earth's constraints. Musk has framed the acquisition as a pivotal step toward cosmic-scale ambitions, including building self-sustaining bases on the Moon, civilizations on Mars, and broader expansion into the universe!
By harnessing space for AI compute, the combined entity aims to accelerate breakthroughs that could unlock profound insights into physics, existence, and perhaps even the search for extraterrestrial life.Reactions on X have been mixed: supporters praise the grand, forward-thinking scope, while critics question Grok's unfiltered style or the practicality of such interstellar goals.
Nonetheless, the development underscores Musk's long standing drive to tackle humanity's biggest questions, both scientific and philosophical.
As xAI evolves under SpaceX, its pursuit of understanding the universe remains at the heart of the endeavor, blending cutting edge AI with the dream of becoming a multi planetary species.
Ad astra — to the stars!
#ElonMuskTalks #Musk

Gold advocate Peter Schiff is warning that Bitcoin could crash to $20,000 if it breaks below $50,000, an 84% drop from its all time high of $126,000!
In recent X posts, he urged investors to "sell Bitcoin now," citing hype, leverage, institutional ownership, and a $1.3T+ market cap as amplifying risks.
Bitcoin currently hovers around $67,000, down from its peak amid ETF outflows and volatility, but still well above his key breakpoint.
Schiff has made similar bearish calls for over a decade, predicting Bitcoin's collapse or death since it traded below $300!
THe declared Bitcoin "dead" at least 20–22 times since 2010 (ranking him as the most frequent skeptic), with community estimates exceeding 200 overall bearish predictions.
Nearly all have been wrong as BTC surged past levels he dismissed, including $1,000, $10,000, $50,000, and $100,000. Critics often joke his dire forecasts act as contrarian buy signals, marking bottoms rather than tops.
While he highlights real risks, his track record suggests skepticism toward his crash calls. Verify current prices independently,markets move fast.
#BTC $BTC

A viral thread on X sparked by a parody account challenged Grok on what would happen if Elon Musk gave everyone on Earth $1,000,000 from his fortune, recently estimated around $845–$850 billion (per Forbes and Bloomberg)!
Grok explained that Musk's wealth is mostly illiquid stakes in Tesla and SpaceX (with <0.1% in cash).
Even full liquidation among Earth's ~8.3 billion people would yield only about $100 per person at best.
A $1 million payout per person would require trillions, triggering massive hyperinflation and market crashes.
The discussion mixes jokes, inequality critiques, and Musk's view that his companies' innovations benefit humanity far more than direct handouts...
#ElonMuskTalks #Musk

Altcoins Face Five-Year Sell-Off Peak with $209 Billion ImbalanceAs of February 19, 2026, altcoins (excluding Bitcoin and Ethereum) are enduring their most severe selling pressure in five years!
Key Factors:
Extreme Net Selling, Cumulative buy/sell volume difference reached negative $209 billion over the past 13 months (since January 2025), with 13 consecutive months of nonstop net selling on centralized exchanges, three times worse than the 2022 FTX collapse levels.Retail Exit & Institutional Absence, Heavy retail investor outflows dominate, while institutional buying in altcoins remains minimal or absent, creating a significant demand vacuum.Capital Rotation to Bitcoin, Liquidity shifts toward Bitcoin, pushing Bitcoin dominance to around 58-60%; altcoin trading volumes (e.g., on Binance) have halved from late 2025 peaks, with BTC consolidating near $68,000.Bearish Warning, Prolonged imbalance signals exhausted sellers but no fresh buyers yet, bears note further downside risk without renewed demand or broader market recovery.Bullish Technical Hope, Some traders highlight early reversal signs on the ALT/BTC ratio, including the first sustained green MACD for two consecutive months in 5.8 years, plus a recent bullish MACD crossover. A green monthly close for February could spark an altcoin rally in coming months.
The market shows clear Bitcoin preference amid volatility, but select technical indicators offer tentative optimism for altcoins if momentum builds...
#BTC #altcoins

At the recent World Liberty Forum (hosted by the Trump family’s World Liberty Financial venture), Eric Trump doubled down on his ultra-bullish outlook for Bitcoin!
Key points from his statements:
He remains a huge proponent of Bitcoin, calling it one of the greatest performing asset classes ever.He predicts BTC will eventually reach $1 million per coin.He cited Bitcoin’s historical 70% average annual return over the past decade as strong evidence for massive future upside.He emphasized: “I’ve never been more bullish on Bitcoin in my life” — despite current market volatility and BTC trading around $67,000.Volatility is expected, but the long term potential is “tremendous.”
The comments came amid discussions on stablecoins, tokenization, and reshaping finance (including WLF pilots like partnering with Apex Group for tokenized funds and plans to tokenize revenue from a luxury Maldives resort by 2030)!
Eric also contrasted crypto favorably against traditional banking, which he’s previously called a “Ponzi scheme.”While the prediction fuels optimism in pro-crypto circles, Bitcoin faces short-term pressure from macro factors and recent dips...
#TRUMP #BTC

$223 Million Wiped Out OvernightAs of February 19, 2026, Coinglass data showing $223.08 million in crypto positions liquidated over the past 24 hours mostly longs getting wrecked!
Breakdown hits hard:
$165.1 million from long positions (74%)$58 million from shorts (26%)Bitcoin led the pain with $58 million in long liquidationsEthereum followed at $42.6 millionNearly 98,000 traders affectedTotal market cap dipped to around $2.35 trillion
#BTC

Bitcoin fell to around $66,400 on February 19, 2026, down ~1% daily and nearly 20% in February alone, with YTD losses nearing 30%.
In contrast:
Gold climbed above $4,970/oz (nearing $5,000), acting as a classic safe-haven amid uncertainty.bulliontradingllc.comOil approached $64/barrel, fueled by geopolitical risks.
A viral chart from Aaron Bennett highlighted the stark divergence, fueling debate: critics call Bitcoin a "casino" reliant on power, while supporters argue grids would prioritize it in crises.msn.comKey drivers: Risk-off sentiment, failed "digital gold" hedging in 2026 turbulence, ETF outflows, and macro pressures favor traditional assets over crypto for now. Volatility remains high—verify live prices.
#BTCVSGOLD #BTC100kNext?