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Sat, Feb 28, 2026, 8:21 AM EST

Crypto

AI Summary

  • Major financial institutions like Morgan Stanley and Citi are expanding their crypto services, including custody and trading, signaling growing institutional adoption and integration into traditional finance.
  • Geopolitical tensions, including the U.S. and Israel's actions in Iran, have impacted Bitcoin's price, causing drops to around $63K and highlighting its sensitivity to global macro events alongside gold's performance.
  • Regulatory scrutiny continues globally, with reports of Tether freezing billions in illicit funds and the US DOJ seizing significant crypto assets, alongside ongoing discussions and potential bans on crypto kiosks in places like Minnesota.
  • The burgeoning field of AI is increasingly intersecting with crypto, with firms like Paradigm launching AI-focused funds and companies like Alchemy developing payment rails for AI agents, while also noting AI's role in discovering critical blockchain bugs.
  • The Bitcoin mining sector faces new realities, with profitability challenges due to increased mining difficulty and energy costs, even as some mining firms explore new opportunities in AI data centers.

Cointelegraph


CoinDesk


Decrypt


AMBCrypto


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