Stablecoins
Adoption
Congressman French Hill back’s Trump’s Bitcoin reserve order, calls for federal crypto legislation
Hill urged the President to discuss the structure and funding mechanisms for the Strategic Bitcoin Reserve with the Congress.
Crypto
Solana leads monthly on-chain volume despite 60% decline amid memecoin crash
Memecoins' monthly trading volume shrunk by nearly $106 billion in February, hurting Solana activity.
Culture
Sam Bankman-Fried denies criminality, expresses optimism about crypto under Trump
SBF challenged accusations of criminality while pondering the evolving crypto landscape under Trump's presidency.
Adoption
Méliuz becomes first publicly-traded Brazilian company to invest in Bitcoin, allocates 10% of cash reserves
The move comes amid decreasing investor interest in the company's shares, aiming to replicate Strategy success.
Hacks
Safe’s internal investigation reveals developer’s laptop breach led to Bybit hack
The developer's macOS was infected, allowing unauthorized access to Safe's AWS repository.
Crypto
Solana proposal could offset $1B in yearly sell pressure but raises decentralization concerns
The SIMD 0228 is set to be voted tomorrow, and is set to reshape Solana's fee economy and validator structure.
Adoption
BioNexus picks Ethereum over Bitcoin for treasury due to its programmability and utility
The company recognizes Bitcoin value as store asset, yet it highlights Ethereum staking and institutional adoption as key deciding factors.
ETF
Bitwise files S-1 form to launch Aptos ETF in the US, token surges 7%
The S-1 Form filing comes one week after Bitwise registered the fund with Delaware’s Department of State.
Analysis
Bitcoin must conquer $92k to build upwards momentum, $70k key zone for support
Short-Term Holder (STH) cost basis and Active Realized Price highlight both levels as key zones for Bitcoin.
Regulation
CFTC and SEC confirm joint effort to tackle crypto regulation
The acting chair of the CFTC revealed the joint engagement, which was confirmed by SEC's "Crypto Mom."
Governance
Uniswap founder criticizes Ethereum Foundation’s new advisory group amid community concerns
Hayden Adams criticized the advisory group for being a symbolic gesture that does not allay the community's recent concerns.
ETF
BlackRock adds Bitcoin exposure to model portfolio via IBIT
The asset manager allocated 1% to 2% in Bitcoin through its IBIT exchange-traded fund.
