Crypto
AI Summary
- Major financial institutions like Deutsche Bank and Sygnum are increasing their involvement in the crypto space, with the former launching a Swiss franc stablecoin and the latter targeting the corporate treasury market, signaling growing institutional adoption.
- Bitcoin experienced significant volatility, nearing $70,000 and seeing options expiries potentially influence market direction, while broader market sentiment remains cautious with Wall Street bullish but retail investors skeptical.
- The AI sector's rapid advancement, highlighted by Nvidia's strong earnings and discussions around AI agents needing massive transaction throughput, is increasingly intersecting with blockchain technology, prompting explorations into scaling solutions like Ethereum's potential for 1 billion transactions per second.
- Regulatory scrutiny is intensifying globally, with the UK testing stablecoins and considering limits, the US launching probes into Binance over sanctions violations, and calls for temporary bans on political donations, reflecting growing concerns about illicit activities and market integrity.
- Key players in the DeFi space, such as Aave and Uniswap, are demonstrating resilience and growth, with Aave surpassing $1 trillion in lending volume and Uniswap's UNI token gaining momentum, even as some projects face challenges like Solana DeFi project Step Finance winding down.
Sources
Cointelegraph
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Deutsche Bank-backed AllUnity launches Swiss franc stablecoin CHFAU
23 minutes ago
by Cointelegraph by Helen Partz
Latest NewsInitially available to institutions via the AllUnity Mint Platform, CHFAU stablecoin launches under MiCA compliance after securing a license from the German regulator, BaFin.
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Is XRP price setting up for a 20% bounce in March?
25 minutes ago
by Cointelegraph by Yashu Gola
Market AnalysisA convincing bullish reversal setup and hints of easing whale distribution may push the price of XRP up by 20% or more in March.
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Sygnum launches service targeting $100B corporate crypto treasury market
an hour ago
by Cointelegraph by Martin Young
Latest NewsThe Swiss crypto bank will handle strategic asset allocation for corporate crypto treasuries and is already actively managing $200 million in volume at launch.
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WLFI proposes governance staking system and USD1 usage incentives
3 hours ago
by Cointelegraph by Stephen Katte
Latest NewsWorld Liberty Financial’s USD1 is the fifth-largest stablecoin by market capitalization at $4.7 billion, while USDT is the market leader, followed by USDC.
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Bitwise: Wall Street bullish on crypto, investors remain skeptical
3 hours ago
by Cointelegraph by Jesse Coghlan
Latest News“They’ve heard the promises of institutional adoption for so long that they no longer register," said Bitwise's Matt Hougan.
CoinDesk
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Bitcoin touches $70,000 before fading as altcoins lead the strongest bounce in weeks
3 hours ago
by Shaurya Malwa
Markets, Bitcoin News, NewsEther, solana, and cardano all outpaced bitcoin on the day, suggesting a rotation into higher-beta tokens as forced selling from the February crash begins to clear.
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Uniswap’s UNI jumps 15% as governance vote to expand fee switch gains momentum
3 hours ago
by Sam Reynolds
Markets, Uniswap Foundation, NewsA governance proposal would activate protocol fees across eight additional chains and automate fee collection on all v3 pools, potentially adding an estimated $27 Million in annualized revenue.
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Bitcoin snaps back near $69,000 but analysts warn the market may not be out of the woods yet
10 hours ago
by Krisztian Sandor
Markets, market analysis, Market Wrap, Bitcoin News, LMAX Group, FalconX, Wintermute, Bitfinex, NewsCrypto rebounds sharply from Tuesday's lows, yet traders question whether the move marks a lasting turn or another range-bound bounce.
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Nvidia earnings smashed expectations as the world’s largest company CEO says AI is only getting better
11 hours ago
by James Van Straten
Markets, Nvidia, Quarterly Earnings, Bitcoin News, Artificial Intelligence, NewsThe AI bellwether reported $68 billion revenue last quarter, expecting it to grow to $78 billion next quarter.
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Solo bitcoin miner turns $75 of rented hashrate into a $200,000 block reward
13 hours ago
by Shaurya Malwa
Markets, NewsThe miner rented 1 petahash per second through on-demand cloud mining and got lucky on block 938,092, one of 21 solo-mined blocks in the past year.
Decrypt
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OCC Lays Out Framework for Regulated Stablecoins Under GENIUS Act
3 hours ago
by Vismaya V
Law and OrderThe proposal details how banks, nonbanks and foreign issuers could operate stablecoins under U.S. banking supervision.
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ETHZilla Drops Ethereum Treasury Label in Rebrand After Share Price Collapse
5 hours ago
by Vince Dioquino
MarketsThe move follows investor exits, asset sales and a retreat from holding Ethereum on the public company's balance sheet.
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Jane Street Speculation Renews Scrutiny of Bitcoin ETF Market Mechanics
6 hours ago
by Sebastian Sinclair
MarketsOnline claims have drawn attention to how institutional middlemen hedge Bitcoin ETF shares, exposing a gap between inflows and spot buying.
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Anthropic, OpenAI Dial Back Safety Language as AI Race Accelerates
7 hours ago
by Jason Nelson
Artificial IntelligenceReports show both Anthropic and OpenAI are revising safety commitments amid surging investment and competition.
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Nvidia Earnings Results Steady Markets as AI Spending Debate Intensifies
9 hours ago
by Sebastian Sinclair
MarketsNvidia’s earnings lifted technology shares and steadied broader markets, even as investors weigh how long the AI investment cycle can run.
AMBCrypto
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Liquidity floods Solana as SOL reclaims EMA Ribbon to hit $85 – Details
an hour ago
by Emilio Munoru
Altcoin, News, News 1, Social, Solana, Trading View, ambcryptoSOL's last 24 hours have been very important.
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Vanguard, BlackRock lead the ETF wave as market remains in ‘extreme fear’
2 hours ago
by Ishika Kumari
Bitcoin, News, News 1, Social, Trading View, ambcryptoPrices are climbing, fear is rising, and ETFs are doing something no one is talking about.
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Bitcoin Market Predictions: Here is what Recent Crypto Updates Mean
3 hours ago
by AMBCrypto Team
Google News, HideCryptopanic, Press ReleaseAnyone familiar with the cryptocurrency market and Bitcoin as the most valuable token probably knows […]
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Here’s what fueled Ethereum’s latest price hike above $2000
3 hours ago
by Emilio Munoru
Ethereum, News, News 1, Social, Trading ViewAs Friday's Options expiry looms, what might ETH's price do?
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MORPHO surges 11% as buyers take control: Can $1.80 unlock a bigger breakout?
4 hours ago
by Erastus Chami
Altcoin, News, News 1, Social, Trading ViewMorpho reclaims its structure as buyers press advantage toward major resistance zone.