Technology
Analysis
Altcoin sector suffers historic losses while Bitcoin remains resilient
The crash from Feb. 2 was one of the 2.5% worst trading days for altcoins in history.
Adoption
Japanese gaming publisher Gumi announces plans to buy $6 million worth of Bitcoin for treasury
The company is already a node operator for Bitcoin staking protocol Babylon, with nearly 8 BTC in delegated staking.
CBDCs
Powell guarantees no CBDC as long as he leads the Federal Reserve
Powell remarks align with the Fed cautious stance regarding a CBDC.
ETF
Bloomberg analysts’ rankings show Litecoin leading altcoin ETF approval race, while XRP trails
Despite receiving the lowest odds, the chances of a XRP ETF approval reached 65% with triggers for a potential increase.
Legislation
North Carolina becomes 20th US state to introduce legislation for a Bitcoin reserve
Under the bill, the state treasurer will be allowed to invest in cryptocurrencies that have a market cap higher than $750 billion.
Analysis
Bitcoin increasingly treated as risk-on asset rather than pure store of value – Bitfinex
Bitcoin's correlation with the S&P 500 is still high, while gold correlation decreases.
Adoption
Strategy acquires another 7,633 Bitcoin amid downturn, Metaplanet eyes 10,000 BTC stash by year-end
Metaplanet registered its first profitable financial period since 2017, while Strategy surpassed $17 billion in unrealized profits with Bitcoin.
Lending
Aave founder downplays Kamino amid discussion with key Solana figures
Stani Kulechov said Kamino is a "copycat" of Aave's old tech with a "half baked" user interface.
Lending
Maple reports no increase in bad debt, $10M inflows amid recent market crash
The decentralized credit protocol margin called positions risking liquidation, prompting users to deploy more capital.
ETF
SEC seeks more time to deliberate on options for Ethereum ETFs, extends review to April 9
This is the third delay on SEC's decision, and affects the spot Ethereum ETFs issued by BlackRock, Bitwise, and Grayscale.
Crypto
Maryland, Iowa, and Kentucky propose legislation to establish Bitcoin reserves
The number of US states with Bitcoin reserve bills officially introduced totals 17.
Regulation
CFTC launches pilot program for tokenized stablecoin collateral
The program is aligned with acting chairman Pham's vision of regulatory sandboxes as crypto industry boosters.