Crypto

The Bitcoin financial services company retired $66.3 million in convertible debt, reducing dilution risk as it expands its BTC rewards business. Fold, a publicly traded Bitcoin financial services company, has eliminated $66.3 million in convertible debt, removing a potential source of share dilution and simplifying its balance sheet as it prepares to expand its product lineup. In a recent disclosure, Fold said it retired two outstanding convertible notes, which are debt instruments that can be converted into equity at a later date. By paying them off, the company reduces the risk that new shares would be issued in the future, which may dilute existing shareholders. Fold also said it released 521 Bitcoin (BTC) that had been pledged as collateral against the debt. With the notes retired, those Bitcoin holdings are no longer encumbered and can now be used for corporate purposes. Read more

Market data show rising open interest and large liquidation clusters around $65,000 and above $70,000, underscoring that the rally may be fragile without stronger spot demand

David Miller, a white-collar attorney specializing in the defense of crypto clients, will lead the CFTC’s reduced enforcement team at a critical juncture for the agency.

The XRP Ledger (XRPL) is starting to look like a financial back end that traditional finance can adopt without changing itself too much. This is because tokenized funds can sit on the ledger, and stablecoins can move across it. At the same time, protocol upgrades keep landing, including features designed for institutions that want on-chain […] The post XRP faces a brutal 2026 paradox as XRPL adoption surges and the token captures little value appeared first on CryptoSlate.

Further decline or a revival: what's next for the self-proclaimed Dogecoin killer?

Nasdaq wants in on prediction markets—and it's going through the SEC to get there.

Bitcoin’s return to the $70,000 level proves that buyers are absorbing the bulk of selling, but analysts warn that traders should be patient due to market bottoms taking months to form. War in the Middle East failed to sink Bitcoin (BTC) below the $63,000 level. That may have attracted buyers who are attempting to maintain the price above $69,000. However, a quick recovery is unlikely. Macroeconomic newsletter Ecoinometrics said in a post on X that deep drawdowns generally unfold slowly, advising “patience rather than urgency.”  Data shared by Bitwise Europe head of research André Dragosch shows that when investors buy and hold BTC for at least three years, the probability of loss drops to 0.70%. Although BTC is down about 50% from its all-time high, its three-to-five year realized price of $34,780 shows that investors who bought and held during the period are sitting on large profits. The big question on traders’ minds is when to buy BTC. BitMEX co-founder Arthur Hayes said in a blog post that every military...

Another focus of his post is so-called “toxic MEV,” where traders exploit visibility into pending transactions to front-run or “sandwich” users’ trades.

The US-based asset manager debuts a blockchain-enabled structure for its liquidity fund as onchain US Treasurys exposure nears $11 billion. Northern Trust Asset Management has launched a tokenized share class of its NIF Treasury Instruments Portfolio, marking its entry into the digital assets market, according to the company.  The structure uses distributed ledger technology to maintain a digital mirror of share ownership, while the underlying portfolio continues to invest in short-term US Treasurys. According to Monday’s announcement, the shares will initially be offered through BNY’s LiquidityDirect platform, which operates on Goldman Sachs’ Digital Asset Platform. The fund itself does not use blockchain technology or invest in crypto assets. Instead, authorized intermediaries are expected to maintain a blockchain-based mirror of ownership records for clients. Read more

Despite battlefield blowback fears, Bitcoin’s network is likely to shrug off disruptions, experts told Decrypt.

Bitcoin short-term holder losses were minimal over the weekend, and the Monday rally to $70,000 suggests the heaviest selling is done. Will Bitcoin finally break the monthly resistance? Bitcoin (BTC) rallied to $70,000 on Monday as the shadow of war looms over the entire Middle East. Data from CryptoQuant shows short-term holder loss transfers to exchanges falling to a two-week low over the past 24 hours, and the slowing exchange flows stand in contrast to the rate of selling seen in early February. The short-term holder (STH) profit/loss (P&L) to exchanges metric tracks how much Bitcoin recent buyers send to exchanges at a profit or loss. These participants tend to amplify volatility during stress events. On March 1, the realized losses fell to 3,700 BTC even as geopolitical tensions between the United States and Iran escalated in the Middle East. Bitcoin dipped to $63,000 during that window, but exchange inflows from this cohort did not expand in response. Read more

The price of Bitcoin immediately fell following bombings on Iran this weekend, but then surged Monday as markets began to recover.

Bitcoin just plunged toward $60,000, but price is not the only thing collapsing. Market sentiment has now dropped to one of the lowest levels ever recorded, fueling bearish price predictions.The Bitcoin Fear & Greed Index has crashed to 5, placing the market deep into Extreme Fear. That reading has only been seen twice before in […] The post Bitcoin Price Prediction: Fear Just Hit a Level Seen Only Twice Before — What Happens Next Could Change Everything appeared first on Cryptonews.

Under the proposed law, Turkey’s president would be allowed to change the income tax rate on digital assets from zero to up to 20%. Turkey's Justice and Development Party proposed a 10% tax on cryptocurrency income and gains as part of a draft bill amending the country’s tax laws. According to a Monday report from the state-run media Anadolu Agency, lawmakers in the Turkish Grand National Assembly proposed amending the country’s expenditure tax laws to include a 10% tax on digital assets. Under the legislation, platforms that are subject to capital gains tax in the country could be required to withhold 10% tax on gains and income derived from crypto transactions on a quarterly basis. The proposed law would allow Turkey’s president to change the tax rate on crypto from 0% to 20%, and service providers would be subject to a 0.03% transaction tax on transactions they facilitate. The country’s treasury is expected to implement regulations and enforcement for the bill, which is expected to take effect two months a...

PI has the second-highest bullish sentiment today (March 2nd).

A Bitcoin block signaling the BIP-110 proposal has appeared onchain while critics push back by inscribing a large image in protest.

Bitcoin price opened US trading session strongly with a 3% surge above $68,000, according to CryptoSlate's data. This marked a significant difference to its first response, which looked nothing like a clean safe-haven trade following the latest Middle East tensions. When headlines hit over the weekend about US strikes on Iran, the flagship digital asset […] The post Did Bitcoin fail its safe haven test after US strikes on Iran? BlackRock’s 60 day data hints at what comes next appeared first on CryptoSlate.

While bitcoin and ether remain in bear markets, HYPE has climbed alongside gold as HyperLiquid’s derivatives volume expands, weekend equity trading gains traction.

A former Labour minister has argued that foreign “enemies of democracy” are using crypto political donations to undermine British politics.

Bitcoin price strength received a surprise bullish catalyst from US manufacturing data, helping to relieve tensions over Iran as US stocks floundered. Bitcoin (BTC) surged toward $70,000 after Monday’s Wall Street open as crypto markets diverged from US stocks. Key points: Bitcoin reacts to positive US manufacturing data as bulls manage to sideline geopolitical tensions. Read more