Category: crypto

Despite a volatile week for Bitcoin, holders of AlphaBitcoin have remained profitable according to on-chain metrics. The rapid price swings of Bitcoin did not affect the long-term profitability of AlphaBitcoin holders.

Russian Ministry of Finance and Central Bank are developing a controlled crypto trading framework for high-net-worth investors. The initiative targets “super-qualified” investors with assets exceeding 24 million rubles. Authorities aim to introduce regulations to ensure secure crypto trading in Russia. The plan may be implemented through an experimental legal regime.

Ripple has launched the National Cryptocurrency Association (NCA) in the United States to promote crypto education. The initiative is backed by a $50 million grant from Ripple and aims to increase crypto literacy and awareness nationwide. The NCA will provide educational resources and support safe adoption of digital assets.

Belarus President Lukashenko is exploring Bitcoin mining to utilize surplus energy, aiming to capitalize on increased demand and potential profitability. This move aligns with global trends of government involvement in the crypto sector. Research shows that mining with renewable energy sources can promote sustainability and reduce carbon footprint, challenging the perception of mining as energy-intensive.

The Commodity Futures Trading Commission (CFTC) is working closely with the US Securities and Exchange Commission (SEC) on crypto-related matters. They are restarting conversations at the staff level and planning a joint effort to address crypto regulation in the US. They are also engaging with the White House’s “Crypto Czar” and seeking public feedback on…

Bitwise CIO Matt Hougan believes the market is underestimating the impact of Trump’s proposed strategic crypto reserve. He predicts the reserve will mainly consist of Bitcoin, causing other nations to increase their own Bitcoin acquisitions. Despite initial market volatility, Hougan believes the reserve will have long-term positive effects on the industry.

Bitcoin’s price remains focused on critical levels, with $92,000 as key resistance and $70,000 as support. Glassnode’s report highlights strong confluence at these levels, shaping market outlook. Recent milestones include breakouts at $70,000 and $80,000. UTXO Realized Price Distribution shows many holders bought above $90,000, with volatility surging in recent weeks.

Reddit co-founder Alexis Ohanian has joined a bid led by Frank McCourt to acquire TikTok’s US operations. They plan to integrate blockchain technology into the platform to empower creators and users. Ohanian will serve as a strategic adviser, aiming to make TikTok a platform controlled by its community using distributed ledger technology.

President Trump is set to unveil a Bitcoin Reserve Strategy at the White House Crypto Summit on March 7. Commerce Secretary Howard Lutnick confirmed Trump’s interest in a Bitcoin Strategic Reserve and outlined plans for regulatory approaches for digital assets. Key industry figures like Michael Saylor and Brian Armstrong will attend the event.

Ethereum’s Pectra upgrade faced a setback on the Sepolia testnet due to a custom deposit contract issue, affecting EL clients and causing transaction disruptions. This delay comes after previous challenges on the Holesky testnet. The mainnet launch timeline for Pectra is now uncertain, impacting Ethereum’s future upgrades.