Stablecoins
Analysis
Bitcoin needs ‘deeper-pocketed investors’ to absorb the recent sell pressure from short-term holders
Heavy ETF outflows suggest institutional support has weakened, and Bitcoin needs renewed interest from long-term holders or institutions.
DeFi
Ethena Labs and Securitize launch institutional-focused Layer-1 blockchain called Converge
The layer-1 blockchain will focus on DeFi speculation and providing storage and settlement for stablecoins and tokenized assets.
Regulation
SEC weighs changes to crypto custody rule for investment advisors
The rule would leave crypto firms without proper custody solutions, according to the former Chair of the House Financial Services Committee.
Investments
Excessive fundraising weakens VC confidence in crypto startups despite regulatory improvements
Marker stabilization could propel venture capital interest again, but with a considerable delay.
Crypto
Tether to benefit greatly from current US stablecoin regulation
Alex Thorn highlighted that the current text of the GENIUS Act leaves Tether free to avoid registering in the US.
ETF
Financial advisers, wirehouses set to fuel next wave of Bitcoin ETF adoption
James Seyffart highlighted that big financial institutions recommending crypto ETFs to high-net-worth clients will boost the adoption of these products.
Analysis
Bitcoin outlook strengthens as USDT market cap expands and indicators enter oversold zone
The USDT market cap increased $5.75 billion in the past 60 days, a move historically associated with price increases for Bitcoin.
Legal
SEC reportedly weighing XRP’s commodity status amid Ripple settlement negotiations
Reports pointed out that the regulator is comparing Ethereum and XRP to define whether Ripple's crypto is a commodity.
Legislation
Senate Banking Committee passes GENIUS Act with bipartisan support, advancing stablecoin regulation
The bill is now moving to the full Senate for a vote. If enacted, the legislation would provide long-awaited clarity for stablecoin issuers and users.
Stablecoins
Tether CEO touts USDT as key US ally in maintaining the dollar’s dominance
Ardoino claims that Tether is the only entity helping spread the US dollar's hegemony in emerging countries.
Analysis
Binance whale selling slows, but Bitcoin miners may add market pressure
The increasing mining difficulty suggests miner capitulation, which could jeopardize the momentum created by whales slowing their Bitcoin realizations.
Adoption
Public companies doubled Bitcoin holdings in 2024 as accumulation surpassed previous 5 years combined
As of March 6, publicly listed corporations held 3% of Bitcoin's supply, worth $52 billion.
