Live Feed

President Donald Trump held a private meeting with Coinbase CEO Brian Armstrong just hours before issuing a statement urging the passage of the crypto market structure bill (CLARITY Act), Politico reported. The details of the meeting were not disclosed.

Digital asset trading firm Crossover Markets has raised $31 million in a Series B funding round, Cointelegraph reported. The round was led by Tradeweb, with participation from DRW Venture Capital, Ripple, Virtu Financial, Wintermute Ventures, Illuminate Financial, and XTX Markets. The company was valued at $200 million. The funds will be used to expand CROSSx, Crossover's crypto electronic communication network for institutional trading.

A net outflow of 28,195 BTC from centralized exchanges (CEX) occurred on March 4, Unfolded reported, citing data from CryptoQuant. This represents the largest single-day net outflow since November 2025.

According to CoinNess market monitoring, BTC has risen above $74,000. BTC is trading at $74,013.67 on the Binance USDT market.

Open interest (OI) in Bitcoin derivatives has surpassed $24.7 billion, marking a 30-day high, Unfolded reported.

Pro-cryptocurrency candidates backed by the industry's Super PAC, Fairshake, have secured victories in this year's U.S. congressional primary elections, CoinDesk reported. Jessica Steinmann, a former Department of Justice lawyer endorsed by President Donald Trump, won the Republican primary for Texas's 8th congressional district with approximately 70% of the vote. According to Federal Election Commission (FEC) data, Fairshake provided over $750,000 in support to Steinmann's campaign. Meanwhile, Rep. French Hill, an Arkansas Republican and Chairman of the House Financial Services Committee, won his primary with 77% of the vote after receiving more than $400,000 from Fairshake. In North Carolina, Republican Tim Moore, who has received an 'A' grade for his stance on crypto policy, won with an 83% vote share.

While Bitcoin has reclaimed the key $73,000 level, some analysts suggest the current surge could mirror a pattern seen in January. At that time, a temporary price spike was followed by a sharp decline from $98,000 to $60,000 within two weeks, CoinDesk reported. Analysts warned that the current movement could be a classic bull trap—a short-term breakout that lures in late buyers before reversing into a downturn. Excessive sell-side volume and positioning in the derivatives market are considered potential risk factors. Some forecast that a continued rise into the $72,000 to $76,000 range is more likely to trigger a sell-off than lead to a sustained recovery.

The U.S. banking industry has voiced opposition to the Federal Reserve's approval of a master account for crypto exchange Kraken, according to Eleanor Terrett, host of Crypto in America. The Independent Community Bankers of America (ICBA), which represents small U.S. banks, stated that providing master accounts to non-bank and crypto institutions—a privilege traditionally reserved for strictly regulated, insured depository institutions—could pose risks to the banking system. The Bank Policy Institute (BPI) pointed out that a Federal Reserve Bank made the decision before the Fed's Board of Governors initiated a formal public comment period. The BPI argued this violates the policy of seeking public input on significant changes to the payment system. Previously, Kraken's banking arm, Kraken Financial, had announced it received approval for a master account, which grants access to the Fed's core payment system.

Circle has minted $2 billion worth of USDC over the past two days, Lookonchain reported via X.

A whale associated with crypto financial services firm Matrixport has recorded $22 million in unrealized profit amid the market rally, Lookonchain reported. The whale currently holds a long position of 120,000 ETH, valued at $258 million, with an average entry price of $2,001. Additionally, the whale has a long position of 650 BTC, worth $47.7 million, at an average price of $68,178.

U.S. asset management firm Rockefeller Capital Management announced it has increased its stake in Strategy by 146%. Rockefeller now holds 198,283 shares of Strategy stock, worth approximately $28 million.

Whale Alert reported that 250 million USDC has been minted at the USDC Treasury.

Stablecoin payments startup Cyclops has raised an $8 million strategic investment, The Block reported. The round saw participation from Castle Island Ventures, F-Prime, and Shift4 Payments. Cyclops plans to build a platform that enables payment companies to offer stablecoin settlements, cryptocurrency payments, and digital asset features to merchants without needing to build or maintain their own blockchain infrastructure.

According to CoinNess market monitoring, BTC has risen above $73,000. BTC is trading at $73,034.67 on the Binance USDT market.

Major exchanges have seen $112 million worth of futures liquidated in the past hour. In the past 24 hours, $480 million worth of futures have been liquidated.

Japanese financial authorities are considering launching a criminal investigation into a meme coin named 'Sanae Token' after the country's prime minister, DL News reported, citing an internal source at Japan's Financial Services Agency (FSA). The token was issued on the Solana blockchain in late February by NoBorder, a video production team and DAO operated by Japanese businessman and YouTuber Yuji Mizoguchi. According to Dextools data, it has a market capitalization of around $8 million. The NoBorder team reportedly did not have a license to operate a cryptocurrency exchange as of late January and has not submitted an application since. Prime Minister Sanae Takaichi stated on X that she has no knowledge of the token and that the government has not approved the project. She added that she has not received even a single yen in profit from it. The FSA is currently conducting interviews with related companies on a voluntary basis.

Cryptocurrency exchange Backpack has launched an on-chain IPO service, the company announced on its official X account. The service allows users to receive direct allocations of IPO shares through the Backpack platform, with infrastructure provided by asset tokenization firm Superstate. The issued shares represent actual corporate equity and will be managed on the Solana (SOL) blockchain.

Coinbase has called on the UK to withdraw the Bank of England's proposed regulations that would cap stablecoin holdings, The Block reported. Speaking at a hearing of the UK House of Lords' Financial Services Regulation Committee, Tom Duff Gordon, Coinbase's vice president of international policy, argued that London's position as a global financial hub over the next decade hinges on its stablecoin regulatory framework. He warned that a significant gap exists between the UK government's policy goals and the actual draft regulations, which could cause the country to fall behind in the global stablecoin competition without greater clarity and effectiveness. Gordon specifically noted that the proposed corporate holding limit of 10 million pounds is insufficient given the scale of capital markets, potentially preventing stablecoins from reaching a stage of practical use.

The three major U.S. stock indices opened higher today. - S&P 500: +0.42% - Nasdaq: +0.59% - Dow Jones: +0.34%

Former Binance Global Head of Communications Brad Jaffe has joined KAST, a stablecoin-focused investment firm. According to CoinDesk, he will serve as the company's Chief Communications Officer (CCO), overseeing global communications, brand positioning, and engagement with regulators and stakeholders.

Sui has officially launched its native stablecoin, USDsui, CoinDesk reported. The dollar-pegged stablecoin is issued by Bridge, a company acquired by payments firm Stripe last year. USDsui is designed to channel the returns generated from its collateral assets back into the blockchain ecosystem. The interest income from U.S. Treasury bonds and other liquid assets will be used to either buy back and burn SUI tokens or provide liquidity to DeFi protocols and automated market makers (AMMs).

New York Stock Exchange-listed e-commerce company DDC Enterprise purchased an additional 65 BTC today, increasing its total holdings to 2,183 BTC, according to a Business Wire press release. The company has been pursuing a long-term accumulation strategy, stockpiling Bitcoin as a strategic treasury asset since the first half of 2025. DDC Enterprise also projected its annual revenue for 2025 will reach a record high, falling in the range of $39 million to $41 million.

According to CoinNess market monitoring, BTC has risen above $72,000. BTC is trading at $72,000 on the Binance USDT market.

Cryptocurrency market maker GSR withdrew 3,000 ETH, worth approximately $6.23 million, from Binance about three hours ago, The Data Nerd reported via X. Withdrawals from exchanges are typically interpreted as an intention to hold.

Bitcoin's 90-day market price to realized price slope oscillator has turned positive again at 0.07, suggesting a recovery in buying pressure, according to an analysis by CryptoQuant contributor RugaResearch. The indicator measures the rate of change between market price and realized price over 90 days, with a negative reading indicating that the market price is weak compared to the average investor's purchase price. The contributor noted that the indicator fell to -3.22 on Feb. 5, dropping below the -2 standard deviation, but has since rebounded by more than three points in less than a month to enter positive territory. Currently, Bitcoin is trading at around $70,000, approximately 25% higher than its realized price of $54,500. However, RugaResearch added that the 365-day simple moving average (SMA) for the indicator is still at -0.22, meaning long-term momentum has not yet been confirmed.