OpenSea's SEA token was first announced last October as it revealed it would be transitioning from an NFT marketplace to one that can "trade everything." Nonfungible token marketplace OpenSea has postponed the launch of its native token SEA, initially slated for March 30, citing tough market conditions and it not being market-ready. “The reality is that market conditions are challenging across crypto right now, and $SEA only launches once,” OpenSea CEO Devin Finzer posted to X on Monday. The OpenSea (SEA) token, announced in October, was touted as part of OpenSea’s plan to transition into a “trade everything” app across multiple chains, which includes perpetual futures. Read more
Bitcoin opened the week by rallying straight into a key resistance level. If it holds, BTC and altcoins could embark on the next leg of the crypto bull market. Key points: Sellers will attempt to halt the recovery at $74,508, but if buyers bulldoze their way through, the rally may reach $84,000. Select major altcoins have risen above their overhead resistance levels, signaling solid demand at lower levels. Read more
New SEC filing names Anchorage Digital Bank as the crypto custodian and adds SUI to the list of eligible tokens in the proposed fund that aims for direct digital asset exposure. T. Rowe Price, the $1.8 trillion asset manager best known for managing mutual funds and retirement accounts, has amended the registration statement for its proposed Active Crypto exchange-traded fund (ETF), updating a prospectus first submitted in October that outlines plans for an actively managed fund investing directly in digital assets. The amendment with the US Securities and Exchange Commission (SEC) was submitted on Monday and lists 15 eligible digital assets that may be considered for the portfolio, including Bitcoin (BTC), Ether (ETH), Solana (SOL), XRP (XRP), Avalanche (AVAX) and Shiba Inu (SHIB). The updated filing adds new operational details but it leaves the core structure of the proposed fund intact. The amendment names Anchorage Digital Bank as the ETF’s crypto custodian, expands disclosures around share creation and r...
Bitcoin’s recovery above $74,000 highlights a rapidly improving market, but several data points suggest that pro traders remain cautious and skeptical. Key takeaways: Bitcoin derivatives remain bearish as traders hedge against a price drop despite BTC reclaiming the $74,000 level. Fears of a global energy shortage mount as the Strait of Hormuz remains closed, forcing investors into safe-haven Treasury assets. Read more
Unlike previous years, only a handful of official events at the 2026 version of the iconic Austin festival featured crypto. Cryptocurrencies seem to have lost their allure at the South by Southwest (SXSW) festival, giving way this year to panels and events focused on the rise of artificial intelligence. As the annual Austin, Texas event kicked off last week for a run through Wednesday, only a few official sessions focused on crypto, while a side event, the “Bitcoin Takeover” in downtown Austin, featured Bitcoin (BTC) maximalists and other industry representatives. “Almost exactly the pattern that’s playing out with AI is what’s playing out with crypto,” Ali Tager, the National Cryptocurrency Association’s vice president of communications, told Cointelegraph, referring to many of the uncertainties from the general public in the early days of the industry. Read more
About two-thirds of the company’s tokens are currently staked, generating an estimated $180 million in annualized revenue. Bitmine Immersion Technologies has accelerated the pace of its Ether purchases in recent weeks, chairman Tom Lee said Monday, following the company’s over-the-counter purchase of 5,000 ETH directly from the Ethereum Foundation. Lee said Bitmine added 60,999 Ether (ETH) over the past week, up from a recent weekly average of about 45,000 to 50,000 ETH. The purchases bring the publicly traded company’s Ethereum treasury to 4.596 million ETH, giving Bitmine control of about 3.81% of the token’s total supply. The company said its combined crypto holdings, cash and other investments total about $11.5 billion. Read more