
Good afternoon,
Bitcoin is holding above $70,000, but analysts remain divided on whether the rally has real staying power. Meanwhile, the NYSE’s parent company is backing OKX at a $25 billion valuation to expand tokenized markets, the U.S. government is still holding seized Bitcoin in its reserve with no plans to purchase additional BTC, and a U.S. federal contractor’s son has been arrested for allegedly stealing $46 million in crypto from the U.S. Marshals Service.
Let’s unpack this and more! 👇


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News Roundup
Artificial Intelligence
Lawsuit Claims Google’s Gemini AI Drove Florida Man Into Delusion and Suicide (Decrypt)
Before You Quit ChatGPT, Do This to Take Your Data With You (Decrypt)
Tech Giants Sign White House Pledge to Cover Data Center Electricity Costs (Reuters)
Meta Smart Glasses Face Privacy Backlash Over AI Training Footage (Decrypt)
Tech Groups Warn Trump Over Anthropic ‘Supply-Chain Risk’ Move (Bloomberg)
Anthropic Reopens Talks With Pentagon to Salvage AI Contract (Financial Times)
Yuma Publishes State of Bittensor Vol. 2 Report (Yuma AI)
OpenAI Launches GPT-5.4 for Professional Work (OpenAI)
Decentralized, Centralized, & Traditional Finance
Angle to Shut Down EURA Stablecoin After Market Share Collapse (DL News)
Zerohash Applies for U.S. National Trust Bank Charter to Expand Crypto Services (The Block)
Western Union Partners With Crossmint to Support USDPT stablecoin on Solana (Cointelegraph)
UAE Central Bank Reassures Public on Financial System Stability (Gulf News)
Apollo Crypto to Manage Tokenized mEVUSD to Offer Enhanced Returns (The Block)
NYSE Owner Backs OKX at $25B Valuation to Expand Tokenized Markets (CoinDesk)
Revolut Seeks U.S. Banking License to Expand Digital Bank Ambitions (CoinDesk)
Aave Labs Outlines Smart Contract Security Plan for V4 Upgrade (The Block)
Wyoming Buys Stake in Bitcoin Treasury Firm Strive Inc. (Bitcoin Treasuries)
Ripple Expands Institutional Access to Crypto Futures via Coinbase Derivatives (Crypto Briefing)
Hana Financial Partners With Circle and Crypto.com to Pilot USDC Payments (The Korea Herald)
Cardano Payments Roll Out to 137 Swiss Spar Stores (Cointelegraph)
Exchanges
Exchange-Traded Funds
U.S. Bitcoin spot ETFs recorded $461.77 million in net inflows on March 4.
On March 4, U.S. Ethereum spot ETFs saw $169.41 million in net inflows.
U.S. XRP spot ETFs posted $4.19 million in net inflows on March 4.
On March 4, U.S. Solana spot ETFs logged $19.06 million in net inflows.
Infrastructure
RedStone Launches Oracle Infrastructure on Stellar to Scale DeFi (The Defiant)
Doppler Expands Token Launch Platform From Base to Solana (The Block)
Markets
Fed Beige Book: U.S. Economy Shows Modest Growth With Rising Cost Pressures (FRB)
Policy Momentum and ETF Flows Lift Bitcoin Sentiment (Decrypt)
SOL Strategies Stock Jumps 20% on Validator Network Growth (The Block)
Bitcoin Holds Above $70K, but Analysts Question Rally Strength (DL News)
U.S. Initial Jobless Claims for the week ending February 28: 213,000, Exp. 215,000, Prev. 213,000 (DOL)
OKB Token Jumps 38% After NYSE Owner Invests in OKX (Decrypt)
Prediction Markets Turn Bullish on Bitcoin While Ethereum Lags (Decrypt)
Meme Coins
Dogecoin Surges 15% as Bitcoin Rally Lifts Meme Coins (Decrypt)
Mining
Non-Fungible Tokens
Pudgy Penguins Faces Trademark Lawsuit From Penguin Apparel Brand (The Block)
Politics & Regulation
Wall Street Regulators Advance Plans for Crypto and Prediction Markets (Bloomberg)
SEC Sends Framework to White House on Applying Securities Laws to Crypto Assets (The Block)
Senator Flags Concerns Over Iran War Predictions Markets (Decrypt)
Farage’s Reform Party Surges in Fundraising After £3M Crypto Donation (DL News)
Russia Considers Stablecoin Bill to Boost Sanctions-Resistant Payments (DL News)
Treasuries & Reserves
U.S. Bitcoin Reserve Still Holding, Not Buying, After One Year (Cointelegraph)
Venture Capital
Crossover Markets Raises $31M Series B Led by Tradeweb (Crossover Markets)
Andreessen Horowitz Plans to Raise $2 Billion for Fifth Crypto Fund (The Block)
Other News
X User 'Sillytuna' Claims $24M in Crypto Stolen in Violent Robbery (The Block)
Canadian Robbed of Crypto via ATM Kiosk Led to Another Scam Attempt (Decrypt)
‘Dead’ South Korean Crypto Fraudster Reappears and Repays Victims (DL News)
X Money Enters Live Beta With Cashback and 6% Deposit Yield (Cointelegraph)
Network States: The Concept of Online Communities Becoming Real Countries (Cointelegraph)
Contractor’s Son Arrested Over $46M U.S. Crypto Stockpile Theft (Decrypt)
Crypto Crime Reaches $154B as Sanctioned States Turn to Blockchain (The Defiant)
Check This Out!
Major crypto airdrops over the past year saw mixed token price performance, with assets such as MET, JUP, ME, and ENA falling sharply from their peaks, while HYPE gained about 30% compared with January 2025 levels.
Despite the price declines, many of the underlying protocols remained fundamentally strong, showing growth in trading volume, total value locked (TVL), market share, and stablecoin supply.

Source: DeFiLlama
Meme of the Day

Source: Bold Leonidas
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