Bitcoin Rally Fades Ahead of Jobs Data
$BTC drops 3.7% to $68,100 as traders cash in on recent gains amid geopolitical tensions; derivatives show negative funding rates, indicating increased short positions. #Update #Crypto $BTC
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Digital Assets: Kazakhstan Bank Invests $350M
Kazakhstan’s central bank plans to invest up to $350 million from its reserves into digital assets, focusing on companies linked to cryptocurrency infrastructure. Investments are set for April and May. #Update #Crypto $BTC
Bitcoin Struggles to Hold $70K Despite Surge
Bitcoin briefly surged to $74,000 but fell below $69,000 amid macroeconomic pressures and a strong U.S. dollar; short-term holders sold over 27,000 BTC, reflecting market caution. #Update #Crypto $BTC
AI Agents Revolutionize Survival Amid Layoffs
AI is transforming finance, with @GoldmanSachs warning of job losses due to AI advancements; 19% of investors now use AI for portfolio management. #Update #Crypto $BTC
Binance Denies Crypto Links to Iran Accounts
@Binance informed a U.S. Senate investigation that it found no direct transactions to Iranian entities, disputing claims of $1.7 billion in crypto flow; compliance measures were taken against flagged accounts. #Update #Crypto $BNB
U.S. Jobs Plummet by 92000 Unemployment Hits 4.4%
The U.S. lost 92,000 jobs in February, raising unemployment to 4.4%. Bitcoin trades near $70,000 amid market volatility and rising oil prices. #Update #Crypto $BTC
Bitcoin Declines from $74000 as Caution Grows
Bitcoin ($BTC) trades at $70,601.67, struggling above $70,000 support after peaking at $74,000. Derivatives show cautious optimism with rising open interest and significant liquidations. #Update #Crypto $BTC
Bitcoin Investment Proposal Blocked by Vancouver
Vancouver Mayor Ken Sim’s proposal to invest city reserves in $BTC is blocked by municipal law, as the Vancouver Charter prohibits such investments, limiting options to conservative assets. #Update #Legal $BTC
Bitcoin Stabilizes After Early-Week Slide
Bitcoin ($BTC) stabilizes above $70,000 after geopolitical tensions; however, rising U.S. Treasury yields signal inflation concerns and reduced Fed rate cut expectations. #Update #Crypto $BTC
OKX Launches Social Network After $25B Valuation
@OKX, valued at $25 billion after investment from Intercontinental Exchange, is launching Orbit, a social network within its trading app for market commentary and verified performance metrics starting Feb. 26. #Update #Crypto $BTC $ETH
SEC Mandates Equal Capital for Tokenized Securities
The U.S. Federal Reserve and regulators mandate banks to hold equal capital for tokenized and traditional securities, promoting regulatory clarity in crypto-assets’ integration with banking. #Update #Crypto $BTC
SEC Settles Tron Lawsuit with Justin Sun
@SECGov settles with @Tronfoundation and Justin Sun; Rainberry Inc. to pay $10M fine, barred from future violations. Claims against Sun dismissed with prejudice. #Update #Legal $TRX
Ripple Launches Coinbase Crypto Futures Trading
@Ripple announces clients on its Ripple Prime platform can now trade all crypto futures listed on Coinbase Derivatives, enhancing access to regulated derivatives with over $3 trillion in trading volume. #Update #Crypto $XRP
Crypto Heist: U.S. Contractor’s Son Arrested
French authorities arrested John “Lick” Daghita, accused of stealing over $46 million in crypto from U.S. government wallets, in a joint operation with the FBI. #Breaking #Legal $ETH