Bitcoin Stalls Below $70K Amid Profit-Taking
@MorganStanley has filed to establish a crypto trust bank, seeking full powers, indicating institutional growth in digital assets. Comments accepted until March 20. #Update #Crypto $BTC $ETH $SOL
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@MorganStanley has filed to establish a crypto trust bank, seeking full powers, indicating institutional growth in digital assets. Comments accepted until March 20. #Update #Crypto $BTC $ETH $SOL
@Block plans to cut over 40% of its workforce, boosting XYZ stock by 20% to nearly $66. The company expects $12.20B gross profit for 2025, indicating strong profitability growth. #Update #Crypto $XYZ
Crypto prices are falling as total market cap drops over 1% to $2.32 trillion; $BTC retraces from near $70K, and $ETH falls 2% to $2,008 amid $8.3B options expiry today. #Update #Crypto $BTC $ETH
@Ripple-backed Ctrl Alt has tokenized over $280 million in diamonds on the XRP Ledger, marking a significant advancement in RWA tokenization and blockchain integration. #Update #Crypto $XRP
@JPMorgan forecasts a bullish crypto market in H2 2023, contingent on the CLARITY Act’s approval, which aims to enhance regulatory clarity and institutional participation. #Update #Crypto $BTC $ETH
@Citibank will launch Bitcoin services in 2026, integrating BTC into the financial system for compliance and tax processing. Institutional demand is driving this expansion amid growing crypto adoption. #Update #Crypto $BTC
@AmericanBitcoin’s ABTC stock surged 10% to $1.15 after reporting Q4 revenue of $78.3M, despite a $59M loss due to declining BTC prices. #Update #Crypto $BTC
@BlackRock received 300 BTC from Coinbase, valued at $20.1M each, amid rising institutional demand for Bitcoin ETFs with net inflows hitting $506.51M. Bitcoin trading near $66,900, down 1.6%. #Update #Crypto $BTC
Democrats discussed the US Senate crypto bill, aiming for bipartisan support amid a White House deadline. a16z lobbied Republicans on the CLARITY Act, impacting stablecoin yield debates. #Update #Crypto $BTC
XRP is experiencing a resurgence, currently priced at $1.43 with a 6% daily increase; analysts predict a Phase 4 rally could target $21.5, signaling bullish momentum ahead. #Update #Crypto $XRP
Vitalik Buterin has sold over $35 million in Ethereum, exceeding his planned sales, as his wallet balance drops to 223,804 ETH amid a 37% price decline this month. $ETH #Update #Crypto
The U.S. Office of the Comptroller of the Currency (OCC) proposed rulemaking for the GENIUS Act, seeking public comments on payment stablecoin regulations, aiming for a safe issuance framework. #Update #Legal $USDC
Missouri lawmakers introduced a bill to establish a Bitcoin reserve, allowing the state treasurer to hold BTC through donations and state funds, following a trend among U.S. states. #Update #Crypto $BTC
Kalshi Inc. suspended Artem Kaptur for insider trading linked to MrBeast contracts, imposing a $20,397.58 penalty and a two-year ban for violating market rules. #Breaking #Legal $KALSHI