🤔 Arthur Hayes: Bitcoin Bull Run Still On, Worst-Case $70K

Arthur Hayes believes the crypto bull cycle is still ongoing, with Bitcoin’s worst-case dip at $70,000.
• Trump’s policies could increase U.S. debt and money supply (M2), benefiting crypto.
• The Fed may restart money printing and cut interest rates.
• $2.74–$3.24 trillion in liquidity could hit markets soon.
• During COVID, $4T was injected, fueling a 24x BTC surge. A similar move now (70-80% of that) could drive a 10x BTC rally.

#CRYPTON

✅ S&P 500 recovers, BTC back to $88K

Tuesday’s key updates:

♦️ Canada to impose 25% tariffs on $155B worth of U.S. goods.

♦️ David Sacks says the White House supports repealing the Broker DeFi Rule.

♦️ IMF urges El Salvador to halt Bitcoin purchases and mining in a $1.4B loan deal.

♦️ Bitunix lists Ronaldinho’s meme token STAR10.

♦️ TSMC plans to invest $100B in semiconductor plants in the U.S.

♦️ Reports: Mexico may announce retaliatory tariffs on March 9.

♦️ OPEC+ agrees to increase oil production in April.

♦️ SEC halts investigation into Yuga Labs.

♦️ Japanese exchange SBI VC Trade secures the first stablecoin license in the country.

♦️ Coinbase to list futures for CAKE, BRETT, and AI16Z on March 6.

♦️ NYSE files with the SEC to list a DOGE ETF from Bitwise.

🔴 Market Update:

🥇 Bitcoin – $87,882 (↑1.95%)
📉 S&P 500 – 5,834 (↓0.26%)
🌉 Gold – $2,913 (↑0.73%)
📦 Brent Crude Oil – $71.10 (↓0.48%)

#CRYPTON

⚪️ Ethereum’s “Pectra” Update Goes Live on Sepolia Testnet

Ethereum has officially launched its “Pectra” upgrade on the Sepolia testnet, marking the next step in network development.

#CRYPTON

😡Elon Musk, Sporting Laser Eyes, Says They’re Making an “Offer the Government Can’t Refuse”

Laser eyes in crypto symbolize support and belief in Bitcoin’s growth. This meme trend started in the U.S. segment of X and quickly spread across the community.

#CRYPTON

🇪🇺 ESMA Confirms No Restrictions on Tether (USDT) Storage & Transfers Under MiCA

According to ESMA, Tether (USDT) storage and transfers are not restricted under the MiCA regulations.

#CRYPTON

📊 Matrixport: Google Trends Show Low Interest in SOL, BTC, ETH, and Memecoins

According to Matrixport, interest in SOL, BTC, ETH, and memecoins is near its lowest levels, based on Google Trends data.

#CRYPTON

✅ S&P 500 bounces back, and Bitcoin trades above $89K. Investors are reacting to rumors of potential tariff relief for Canada and Mexico.

Wednesday’s News:

♦️ U.S. Commerce Secretary Howard Lutnick confirmed that Trump will unveil details of a strategic BTC reserve on Friday.

♦️ European regulators clarified that USDT transfers and custody are not restricted under MiCA rules.

♦️ China’s embassy in the U.S. stated that the country is prepared for a trade war.

♦️ A court rejected Elon Musk’s request to block OpenAI’s transition to a commercial model.

♦️ Reports say the Senate passed a resolution to overturn the IRS rule on DeFi brokers.

♦️ Major market maker Jump Trading is returning to the U.S. crypto market.

♦️ BioNexus Gene Lab will start buying ETH as a reserve asset.

♦️ The SEC will drop its lawsuit against market maker Cumberland DRW.

♦️ Coinbase is exploring tokenized stock trading, according to reports.

♦️ El Salvador’s president said BTC purchases will continue.

♦️ The Pectra update for Ethereum successfully launched on the Sepolia testnet.

♦️ Blockstream secured multi-billion-dollar investments to launch three funds, two of which will focus on crypto lending.

🔴Market Prices:

🥇 Bitcoin – $89,709 (↑2.85%)
📉 S&P 500 – 5,854 (↑1.32%)
🌉 Gold – $2,910 (↓0.02%)
📦 Oil Brent – $69.17 (↓2.67%)

#CRYPTON

🇺🇸 Trump’s Family Business Just Bought $21.5M in Crypto!

World Liberty Financial, a company tied to Donald Trump, has added $10M in Ethereum, $10M in Bitcoin, and $1.5M in MOVE to its balance sheet.

#CRYPTON

🇯🇵 Japan’s Ruling Party Proposes 20% Tax Cap on Crypto

Japan’s ruling party is pushing to cap the crypto tax rate at 20%, aligning it with stock taxation.

Currently, crypto taxes can go as high as 55%.

#CRYPTON

🥇 Mt.Gox Transfers 12,000 BTC ($1B) to an Unknown Address

A wallet linked to Mt.Gox has moved 12,000 BTC (over $1 billion) to a new, unidentified address.

#CRYPTON

🪙Solana Co-Founder Opposes U.S. Crypto Reserve Idea

Anatoly Yakovenko warned that a national crypto reserve could harm the industry and suggested alternative approaches:
• No single reserve – handing control to the government contradicts decentralization.
• State-level reserves – could reduce risks tied to Federal Reserve decisions.
• If a reserve is created, its mechanisms must be clear and transparent.

He also noted that, like Charles Hoskinson, he was unaware of Trump’s crypto policy.

#CRYPTON

💰Tether Freezes Garantex Wallets Holding ₽2.5B

Crypto exchange Garantex reported that Tether has frozen its wallets, putting all Russian USDT addresses at risk, according to the platform.

Back in February, the EU imposed sanctions on Garantex, and before that, the U.S. and U.K. launched investigations into USDT transactions involving the exchange.

#CRYPTON

✅ Crypto Summit in Washington kicks off tomorrow. JPMorgan analysts see a 50% chance that Congress will approve a strategic crypto reserve in 2025.

Thursday’s Headlines:

♦️ OKX Exchange launched a trading tournament with a $350K prize pool.

♦️ Texas Senate approved a strategic BTC reserve bill.

♦️ Donald Trump agreed to delay tariffs on Mexico until April 2 under the USMCA deal.

♦️ ECB cut all three key interest rates by 25 bps.

♦️ Ethereum team delayed the Pectra upgrade on the mainnet due to testnet issues.

♦️ David Sacks revealed that the U.S. government sold 195,000 BTC for only $366M over the last decade.

♦️ Rumors: Ripple reportedly convinced Trump to add XRP to reserves and include SOL as a decoy.

♦️ Turkey’s central bank cut rates to 42.5% (previously 45%).

♦️ Argentine prosecutor filed to freeze $100M earned from the LIBRA meme.

♦️ Study: Tesla sales in Germany dropped 76% due to Elon Musk’s political moves.

♦️ New York state proposed a rug pull token ban bill.

♦️ Trump family’s DeFi project WLFI partnered with Sui to launch a strategic SUI reserve.

⸻

🔴 Market Prices:

🥇 Bitcoin - $88,666 (↓2.15%)
📉 S&P 500 - 5,739 (↓1.77%)
🌉 Gold - $2,915 (↓0.14%)
📦 Brent Oil - $69.60 (↑0.36%)

#CRYPTON

🫡 Meme Coins Lose Hype but Will Return as Seasonal Trends

According to CoinGecko, meme coins have dropped in popularity since the launch of TRUMP and LIBRA, but they’re not gone for good. Expect them to come back in waves as part of seasonal trends.

#CRYPTON

💧 Canary Capital Plans to File for Sui-ETF!

Canary Capital is preparing to submit an application for a Sui-ETF!

Currently, the information is only available on the official Delaware state website, which typically signals an upcoming filing with the SEC.

#CRYPTON

🇺🇸 U.S. Government Holds 198,109 BTC Worth $17.52 Billion

According to Arkham, the U.S. government’s current Bitcoin balance stands at 198,109 BTC, valued at approximately $17.52 billion.

#CRYPTON

🤑 TON Ventures Launching AI & Crypto Research Team

TON Ventures is forming a dedicated research team to explore the intersection of artificial intelligence and cryptocurrencies.

#CRYPTON

⚡️ 21Shares Files Updated Application for Spot Polkadot ETF

21Shares has submitted an updated filing to the SEC for a spot Polkadot ETF.

#CRYPTON