YM Lee

TD Cowen: Banks disadvantaged in stablecoin yield fight... Prolonged dispute could imperil the Clarity Act

U.S. investment bank TD Cowen said banks could be politically disadvantaged in the dispute between the banking sector and the crypto industry over paying yields on stablecoins. It added that if the conflict becomes protracted, it could weigh on the p

French Hill Urges Senate to Adopt House-Passed Clarity Bill as Stablecoin Yield Dispute Intensifies

As tensions persist in the U.S. Congress over the payment of stablecoin rewards (interest), French Hill, the top Republican on the House Financial Services Committee, urged the Senate to adopt the House-passed digital asset bill without changes. Acco

'Fallout from Hormuz closure' Brent, WTI jump 4.7%... lines form at gas stations

Oil prices extended gains on the 3rd (local time) after Iran effectively moved to close the Strait of Hormuz. Brent crude futures settled at $81.4 a barrel on the ICE Futures exchange, up $3.66 (4.71%) from the previous session. On the New York Merca

Bitcoin Holds Firm Despite Dollar Index at a Three-Month High… ‘Decoupling’ From Traditional Assets

The U.S. Dollar Index (DXY) has neared its highest level in three months, but Bitcoin (BTC) is holding the $68,000 line, showing a different trajectory from traditional assets such as equities and gold, which are under pressure. According to a March

a16z Crypto updates Jolt zkVM, flags misuse of the term 'ZK'

Andreessen Horowitz (a16z)’s Web3 arm, a16z Crypto, has updated the open-source Jolt zkVM and said the developer ecosystem is overusing the term “ZK.” According to a report by The Block on the 3rd (local time), a16z Crypto said in a recent blog post

Stocks Whipsawed by Hormuz Tensions…Losses Pare Back After Trump Pledges to Protect Sea Lanes

Global financial markets swung on fallout from the Middle East conflict, but losses were partly pared after U.S. President Donald Trump said he would protect maritime shipping routes. According to a Bloomberg report on the 3rd (local time), tensions

BitGo expands MiCA-compliant ‘Crypto-as-a-Service’ to 30 EEA countries

BitGo has expanded its MiCA-compliant Crypto-as-a-Service (CaaS) across the European Economic Area (EEA), in line with the European Union’s (EU) Markets in Crypto-Assets Regulation (MiCA). According to a report by Cointelegraph on the 3rd (local time

SBI Holdings to push for launch of yen stablecoin in Q2…trust bank-based model

Japan’s SBI Holdings said it has unveiled a trust bank-based yen stablecoin and is targeting a launch in the second quarter. According to a report by The Block on the 26th (local time), SBI Holdings and Startale Group have unveiled a yen-pegged stabl

Ethereum seen range-bound for weeks… “Short-term uncertainty already priced in”

Ethereum (ETH) has already priced in short-term macro factors and industry issues to a significant extent, suggesting it could remain in a constrained range for the time being, according to an analysis. According to a Cointelegraph report on the 27th

Bitcoin enters phase of exhausted selling pressure… “Rangebound trading possible through Q4”

An analysis suggests that selling pressure in the Bitcoin (BTC) market has largely been exhausted. Still, the outlook is that it could remain rangebound for several months before a full-fledged shift into an uptrend. Cointelegraph, citing comments fr

U.S. Ethereum ETFs see $6.57 million in net inflows…modest, limited inflow trend persists

U.S. spot Ethereum (ETH) exchange-traded funds (ETFs) recorded total net inflows of $6.57 million on Feb. 26 (local time). According to data compiled by Trader T on the 26th, BlackRock’s ETHA saw inflows of $15.33 million. 21Shares’ TETH posted $7.61

US Bitcoin ETF sees $253.89 million in net inflows…BlackRock’s IBIT leads buying

US spot Bitcoin (BTC) exchange-traded funds (ETFs) posted total net inflows of $253.89 million on Feb. 26 (local time). According to data compiled by Trader T on the 26th, $275.26 million flowed into BlackRock’s iShares Bitcoin Trust (IBIT), driving

Bitcoin whale wallets near 20,000…Santiment: “Broader distribution is a positive signal”

An analysis suggests that a positive signal is emerging in terms of market structure as the number of wallets holding at least 100 Bitcoin (BTC) approaches 20,000. On the 26th (local time), Cointelegraph, citing data from on-chain analytics firm Sant

Financial Services Commission to Convene Virtual Asset Committee Next Week… Aligning the Digital Asset Framework Act

South Korea’s financial authorities will convene the Virtual Asset Committee next week to gather final feedback on the government’s draft Digital Asset Framework Act. With the bill’s introduction seen as imminent, there is growing speculation that de

Netflix ultimately withdraws Warner bid…raises the white flag to Paramount

Netflix jumps 13% in after-hours trading Netflix’s bid to acquire Warner Bros. Discovery has ultimately fallen through. As rival Paramount–Skydance put forward a higher offer, Netflix stepped away from the takeover battle. In a statement on the 26th

"Magic Eden to shut Bitcoin and EVM markets…to phase out multichain wallet as well"

Magic Eden, a non-fungible token (NFT) platform, is said to be shutting down its Bitcoin and Ethereum Virtual Machine (EVM)-based marketplaces and discontinuing support for its multichain wallet. According to Blockspace on the 26th (local time), sour

Korea and Thailand revenue agencies step up cooperation against offshore tax evasion… expand exchange of crypto-asset information

The National Tax Service (NTS) of Korea and Thailand’s Revenue Department agreed to strengthen the exchange of tax information to track assets concealed overseas and prevent the illegal transfer of domestic assets abroad, and to expand the scope of e

Bitcoin’s renewed push for $70,000 meets ‘caution’ signal from derivatives markets

Bitcoin (BTC) is trying to reclaim $70,000, but futures and options markets are still showing signs of caution. According to Cointelegraph on the 26th (local time), Bitcoin rebounded after sliding to $62,500 the previous day and retested the $70,000

Starknet to launch privacy-enhanced Bitcoin asset 'StarkBTC'

Starknet, an Ethereum Layer 2 network, said it will launch a Bitcoin-based asset, 'StarkBTC (strkBTC),' with enhanced privacy features. According to Decrypt on the 26th (local time), the Starknet Foundation and StarkWare said in a press release that

MARA posts $1.7bn net loss in Q4… shares surge 15% on AI data-center JV announcement

Bitcoin miner Marathon Digital Holdings (MARA) posted a $1.7bn net loss in the fourth quarter, but its shares jumped more than 15% in after-hours trading on news of an AI data-center joint venture with Starwood Capital. According to The Block on the

Jack Dorsey’s Block to cut 4,000 jobs… shares surge 23%

Shares of Block, the payments and Bitcoin company led by Jack Dorsey, jumped more than 23% in after-hours trading after the firm decided to cut more than 4,000 jobs. According to Decrypt on the 26th (local time), Block unveiled a restructuring plan t

Controversy over US OCC stablecoin rule proposal…Could it put the brakes on reward models?

Concerns have emerged that the crypto industry’s reward models could be curbed after the US Office of the Comptroller of the Currency (OCC) unveiled a proposed rulemaking for stablecoins. According to CoinDesk on the 26th (local time), the OCC releas

Morgan Stanley to 'build Bitcoin custody and trading in-house'…also weighing yield and lending services

Morgan Stanley has formally outlined plans to build its own technology for Bitcoin custody and trading services for clients. It said it is also reviewing yield-generation and lending services as part of its roadmap. According to Decrypt on the 26th (

Ethereum at a crossroads as it seeks to hold a daily close above $2,100… “whales’ breakeven level”

Ethereum (ETH)’s next direction is said to hinge on whether it can secure a daily close above $2,100. According to Cointelegraph on the 25th (local time), ETH climbed to as high as $2,150 to mark a weekly peak, but volatility has persisted as it late

Nasdaq in the US moves to list Jito Solana ETF, seeks SEC approval

Nasdaq in the United States is seeking to list an exchange-traded fund (ETF) that uses the Solana (SOL)-based liquid staking token Jito Solana (JitoSOL) as its underlying asset. According to Cointelegraph on the 26th (local time), Nasdaq submitted a

Bitwise: “Wall Street is accelerating finance’s onchain shift… but traditional investors don’t realize it”

An analysis says Wall Street is moving in earnest to shift finance onchain, but traditional investors are failing to recognize it. According to Cointelegraph on the 25th (local time), Matt Hougan, chief investment officer (CIO) at Bitwise, wrote in a

Stripe: "In the era of AI agents, blockchains must handle 1 billion transactions per second"

Global fintech company Stripe said it expects that, to prepare for the proliferation of artificial intelligence (AI) agents, blockchains will need to be able to process up to 1 billion transactions per second. According to Cointelegraph on the 25th (

Ethereum ETFs see $157.08 million in net inflows…inflows remain concentrated in major asset managers

U.S. spot Ethereum ETFs recorded net inflows of $157.08 million. According to data compiled by Trader T, total net inflows into Ethereum ETFs stood at $157.08 million as of the 25th (local time). The move follows inflows into Bitcoin ETFs the previou

Bitcoin ETFs see net inflows of $508.9 million…BlackRock and Grayscale lead the surge

U.S. spot Bitcoin ETFs recorded net inflows of $508.9 million in a single day. According to data compiled by Trader T, total net inflows into Bitcoin ETFs as of the 25th (local time) came to $508.9 million. It signals a renewed return of institutiona

Vitalik Buterin: “Ethereum to move to 2-second blocks and quantum resistance within four years”… Roadmap unveiled

Vitalik Buterin, Ethereum co-founder, unveiled a roadmap to cut block production time to around two seconds over the next four years and transition to a quantum-resistant architecture. According to Cointelegraph on the 25th (local time), Buterin prov