Crypto

The company behind the clothing brand Original Penguin has accused Pudgy Penguins’ clothing merchandise of infringing on its trademarks. PEI Licensing, the firm behind the clothing brand Original Penguin, has filed a lawsuit against the nonfungible token project Pudgy Penguins, alleging trademark infringement, dilution and unfair competition. The lawsuit, filed Wednesday in a Florida federal court, focuses on Pudgy Penguins’ apparel, alleging the company uses a “family of penguin trademarks that are confusingly similar” to PEI’s marks. “This action results from Defendant’s unauthorized use and attempted registration of various PENGUIN word and design trademarks in connection with apparel and related goods and services that are confusingly similar to PEI’s federally registered and famous PENGUIN and penguin design trademarks,” PEI said in its complaint. Read more

The end of another week has arrived, which means more crypto options contracts are expiring as spot markets eye recovery. 

The altcoins with “real world” traction and application will be the winners of the next altcoin season, says Bitwise’s Matt Hougan. Altcoins with real-world traction and applications will be the winners of the next altcoin season, according to Bitwise investment chief Matt Hougan. The euphoric altcoin seasons in which almost every cryptocurrency rises across the market are probably not coming back, Hougan said. “I think that game is over. I think we’ll see a non-traditional altcoin season,” he said in an interview on Wednesday. “An altcoin season that rewards assets with real-world traction and applications.” Read more

“Even after the recent price rally, fundamental and technical indicators still point to a bear market environment,” said CryptoQuant. Bitcoin staged a brief relief rally above $74,000 on Thursday, but it has already petered out as analysts predict a persistent bear market will keep momentum subdued.  “Bitcoin is still in a bear market despite the recent rally,” on-chain analytics company CryptoQuant said on Thursday. The platform’s Bull Score Index, a composite indicator that measures the overall health of Bitcoin (BTC) using a combination of fundamental and technical metrics, remains at 10 out of 100, “deep in bearish territory,” it said. Read more

Risk assets recover from oil-driven selloff as rising yields pressure Fed rate-cut bets.

Macroeconomist Lyn Alden says gold has a “somewhat euphoric” sentiment around it, while Bitcoin is being treated “somewhat unfairly negative.” Bitcoin is likely to outperform gold on price performance through to 2029 after gold’s strong recent rally, says macroeconomist Lyn Alden. “If I had to bet Bitcoin versus gold over the next two to three years, I would bet Bitcoin,” Alden said on the New Era Finance podcast on Wednesday. “Gun to my head, if I had to say which one I think outperforms, I would say Bitcoin,” she added. Read more

Bloomberg ETF analyst Eric Balchunas says Solana ETF inflows are posting “pretty impressive numbers,” even as the token has dropped by more than half since they launched. Exchange-traded funds tied to Solana have held on to their early inflows, despite the token having more than halved in price since the funds were launched, which analysts say indicates institutional resilience. Solana (SOL) is down 57% since Solana ETFs launched in the US in July, but the funds have managed to accumulate $1.5 billion in flows and “not really give any of it up,” Bloomberg ETF analyst Eric Balchunas said on Thursday. He added that 50% of the inflows to the ETFs are from institutional investors, which Balchunas called a “serious investor base” and a good sign for the future. Read more

Social media mentions of "altseason" have dropped to their lowest level in two years, according to Santiment data, a contrarian signal that has preceded previous rallies in speculative crypto assets.

Traders are watching $1.40 support after high-volume selling confirmed continued bearish structure.

BTC surged nearly 12% from Saturday's lows before stalling, with Asia's benchmark equities index headed for its worst week since March 2020.

Over a year after Vancouver explored becoming a “Bitcoin-friendly city,” staff say municipal law bars holding Bitcoin in city reserves.

Orbit allows traders to disclose portfolio data and earn rewards tied to follower engagement in what OKX is touting as a transparency play.

The move comes shortly after Intercontinental Exchange valued OKX at $25 billion and reflects a broader push to combine trading, community and market data in one platform.

PsiQuantum co-founder Terry Rudolph said in July it has no plans to attack Bitcoin, even if its upcoming facility becomes powerful enough to break the blockchain’s cryptography. The quantum computing company PsiQuantum is a step closer to its goal of building the world’s first useful quantum computer, breaking ground on the construction of a 1 million-qubit quantum facility, a size that scientists say is powerful enough to crack Bitcoin’s cryptography. PsiQuantum co-founder Peter Shadbolt shared a photo of its Chicago site in a post to X on Thursday, saying that 500 tons of steel had been erected in six days, which will house the computer. PsiQuantum said in September that it raised $1 billion to build the facility in collaboration with chip maker Nvidia, designed to house quantum computers capable of functioning even if they have errors. Read more

Aave V4 Security Plan Revealed After $1.5M Audit Program The post Aave Labs Outlines Layered Security Plan for V4 After $1.5 Million Audit appeared first on Cryptonews.

Elon Musk just gave the internet its first real glimpse of X Money, and the crypto world immediately started connecting the dots regarding XRP and its price prediction.The new payment system from X is rolling out in beta and aims to turn the platform into a full financial hub. Early previews show users sending money, […] The post XRP Price Prediction: Billionaire Elon Musk Reveals New “X Money” Payment Platform — Is XRP About to Be Added? appeared first on Cryptonews.

Nvidia CEO Jensen Huang blamed potential IPOs for ending the chip giant's investment run—right as both AI labs are immersed in controversy.

The Securities and Exchange Commission has ended its long-running fraud and securities violation lawsuit against Justin Sun in a $10 million settlement. The US Securities and Exchange Commission has ended its lawsuit against crypto entrepreneur Justin Sun with a $10 million settlement, wrapping up a three-year legal battle over alleged fraud and securities laws violations. The SEC said in a letter to a Manhattan federal court on Thursday that Rainberry, one of Sun’s companies, would pay a $10 million fine, and claims against Sun and his companies, the Tron Foundation and BitTorrent Foundation would be dropped. Sun and his companies did not admit or deny the SEC’s allegations, the agency said in the letter. Read more

When you plug in a special prompt into AI chatbots, KIMI AI reveals some frankly unbelievable 2026 price projections for top cryptocurrencies.Markets seem unfazed by the US/Iran war news, a sign that much of the geopolitical risk was absorbed earlier in the year, following aggressive sell-offs triggered by comments from former President Trump regarding possible […] The post Strange New Chinese AI ‘KIMI’ Predicts the Price of XRP, Ethereum and Dogecoin by the End of 2026 appeared first on Cryptonews.

The top crypto projects might be entering an exciting price discovery phase in the coming months. Bitcoin price is sailing near $73,000 despite global uncertainty caused by the U.S./Iran war.Meanwhile, the likely approval of the U.S. CLARITY Act this year could ignite the next bull run.If positive momentum prevails, XRP, Solana, and Bitcoin are likely […] The post Crypto Price Prediction Today 5 March – XRP, Solana, Bitcoin appeared first on Cryptonews.