Bitcoin Struggles to Break $70K Ceiling
Bitcoin price rises above $68,000 but fails to break $70,000 resistance, consolidating with potential gains above $69,200. Immediate support at $67,500. #Update #Crypto $BTC
Bitcoin price rises above $68,000 but fails to break $70,000 resistance, consolidating with potential gains above $69,200. Immediate support at $67,500. #Update #Crypto $BTC
Steak ‘n Shake introduces a 21-cent-per-hour Bitcoin bonus and $1,000 child savings for employees, enhancing its digital-asset strategy. #Update #Crypto $BTC
Uniswap secured a full dismissal in a class action lawsuit alleging facilitation of fraudulent trades, with UNI rising 6% to $3.97. Crypto $UNI
@Bitget expands its Blockchain4Her initiative for International Women’s Day, promoting gender diversity through events and a limited-edition inclusivity card. #Update #Crypto
@StepFinance, a Solana DeFi aggregator, announced it will shut down following a $40 million treasury wallet breach in January, stating it was “unable to secure a viable outcome.” #Breaking #Crypto $SOL
@MicroStrategy stock rose 5.77% as Bitcoin reclaimed $70,000 after a weekend dip to $63,000, despite U.S.-Iran tensions. Circle’s stock surged 12.61%, leading crypto equities. #Update #Crypto $BTC
The U.S. Senate’s bipartisan housing bill includes a temporary ban on the Federal Reserve issuing a central bank digital currency, aiming to ease housing development and protect privacy. #Update #Legal
The U.S. Senate advanced a housing bill including a CBDC ban, with White House support; the bill needs House reconciliation before reaching President Trump. #Update #Crypto
Bitcoin remains in a consolidation phase below $70K, with Short-Term Holders facing 26.3% unrealized losses, indicating late-stage market stress. #Update #Crypto $BTC
Bitwise sees a bullish setup for $BTC amid geopolitical tensions, suggesting historical risk spikes precede medium-term gains. #Update #Crypto $BTC
Fundstrat’s Tom Lee predicts March will be an “up month” for stocks despite geopolitical tensions from US and Israel’s airstrikes on Iran, suggesting a market rebound is likely. #Update #Crypto $BTC (+5) ↗
JPMorgan CEO Jamie Dimon calls for equal regulation on stablecoin rewards, likening them to bank interest, amid tensions with Coinbase’s Brian Armstrong. #Update #Crypto
The US Justice Department seeks to recover $327,829 in $USDT linked to a romance scam, while @Tether froze $4.2 billion of USDt tied to illicit activities since 2023. #Update #Legal $USDT
The March 1 deadline for stablecoin yield negotiations under the CLARITY Act passed without resolution, prompting Senate Banking Committee leaders to prepare new markup efforts amid ongoing disputes. #Update #Crypto $USDC