Technology
Crypto
Bitcoin crash forewarned by analysts citing sustained negative growth territory
Macro landscape holding Bitcoin in a consolidation range for over 90 days raised risks of the deeper correction.
Regulation
SEC Crypto Task Force meets with Saylor, CCI, and MITRE to discuss regulation
The meetings revolved around crypto regulation aspects, such as defining a taxonomy for digital assets and regulating staking for ETPs.
TradFi
Citadel eyes crypto market making expansion amid regulatory shifts
The firm's expansion plans signal growing confidence in the maturation of crypto markets.
Staking
Senators press SEC for clarity on crypto ETP staking restrictions
According to a letter sent by seven US senators, the staking restrictions put US crypto ETPs at disadvantage.
Memecoins
Pump.fun sees decline in fees, users, and token launches after LIBRA incident
The fees collected by Pump.fun shrunk by 32% in a week, falling below the 15,000 SOL daily average for the first time since late December.
Analysis
Altcoin season potentially underway but remains limited by market liquidity challenges – CryptoQuant
CryptoQuant CEO highlighted that the altcoin season started but warned that only few of them will soar in this bull cycle.
Mining
US Bitcoin miners pivot to AI and HPC amid fee revenue uncertainty – VanEck
The pivoting adds the necessity to scale electricity capacity to embrace AI and HPC.
Culture
Javier Milei invites Vitalik Buterin to host Ethereum’s Devconnect in Argentina amid LIBRA token controversy
Milei also thanked Buterin for his remarks on the strength of the Argentinian crypto community.
Crypto
Franklin Templeton Bitcoin-Ethereum ETF begins trading in the US
The fund is balanced 82% in BTC and 18% in ETH, with plans to add more crypto should the SEC approve.
Banking
ECB eyes blockchain-based payment settlement layer
The initiative could serve as a precursor to the introduction of the digital euro, ECB's central bank digital currency plan.
Crypto
Report shows uptick in startups using Bitcoin in their balance sheet
In addition to direct financial benefits, startups also benefit from the marketing related to Bitcoin adoption.
Analysis
Bitcoin must hold $92.5k amid accumulation phase reminiscent of May 2021
Bitcoin is ranging $1,000 to $5,000 above short-term holder cost basis, a key support level to be maintained.