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A major narrative that is making serious waves in the entire cryptocurrency sector is the fact that the Bitcoin price may have reached a bottom. In the midst of this persistent speculation about the leading crypto asset, a key metric is taking the spotlight, providing insights regarding whether BTC has reached a bottom.

Why Bitcoin May Have Hit A Bottom

While the price of Bitcoin has experienced a slight rebound, discussions about whether the flagship crypto asset has hit a bottom are turning in the sector at a rapid rate. Crypto Tice, a market expert and investor, has outlined that a key BTC metric has historically determined the price bottom.

After a brief bounce, Bitcoin may be showing early signs of stabilization, as the Bitcoin Total Supply in Profit metric presently indicates that the market may be nearing or has already achieved a local bottom. The indicator is starting to flash indications that have historically been linked to times of tiredness in selling activity after weeks of continuous downside pressure and unsettled confidence throughout the cryptocurrency sector.

According to Crypto Tice, BTC has hit the bottom, and crypto participants have failed to see it. Looking at the data from the metric, the crypto king has officially shifted into historical bottom territory, marking an important moment for the market as a whole.

Extreme levels of these indicators may indicate times when supply is being absorbed by stronger hands, and panic selling starts to diminish. Currently, supply at a loss is peaking, weak hands have been flushed, long-term holders are not selling, and liquidity is compressing. Crypto Tice stated this is not subtle or speculative; it is structural capitulation and accumulation in real time. 

Furthermore, when supply flips from loss-heavy to profit-ready zones, the expert highlighted that markets do not drift; they undergo an explosive upward move. As a result, the expert sees the current structure as an ideal opportunity to enter the market, calling it a “once-in-a-cycle entry point.” Bitcoin is approaching a moment that will spur the next breakout, and doubters will be watching on the sidelines.

BTC Traders Are Leaning Toward A Defensive Side

Technical analyst and host of the Crypto Banter show, Kyle Doops, shared on the X platform that the Bitcoin tape looks a bit split right now. The expert analysis is based on the Funding Rates, which seem to have been in a negative direction.

Data shows that the BTC Funding rates are still in the negative zone, meaning that futures traders are constantly leaning toward a defensive side. However, at the same time, the Coinbase Premium Gap just experienced an upswing. 

It is worth noting that BTC is now trading higher on Coinbase than on other crypto exchanges. Such a scenario often implies that investors in the United States, both retail and institutional, are stepping up. In the meantime, derivatives are still cautious, and spot buyers are quietly picking some up.

Crypto pundit X Finance Bull has drawn attention to Ripple’s new whitepaper, which highlights plans to use XRP for its prime brokerage offering. Ripple also recently announced plans to offer its institutional clients access to XRP derivatives on Coinbase Derivatives. 

XRP’s Role In Ripple’s New Digital Prime Broker Model

In an X post, X Finance Bull stated that XRP isn’t just about payments now, as it is expanding into institutional trading infrastructure under Ripple’s Prime Broker model. He added that payments were just the start for the altcoin and that this is the next layer for XRP, a move which the pundit noted would create new demand. The pundit also indicated that this could boost XRP’s price in the long run, while admitting that the price could still stall in the short term. 

The new Ripple whitepaper introduces the Prime Broker model, which aims to streamline the processes by which institutional clients access the crypto market. The crypto noted that the XRP Ledger (XRPL) can support early settlement within a Digital Prime Brokerage framework. This can happen by enabling on-chain credit lines that fund settlement ahead of the standard net settlement cycle, with funding costs applied explicitly and transparently. 

Ripple stated that, under the Prime Broker model, the prime broker exposes on-chain credit lines to brokers and market makers. These credit lines allow participants to access liquidity before the standard net settlement cutoff. As the firm proposes bringing these institutional clients on-chain, it is worth noting that the XRP Ledger has activated the Permissioned DEX. 

The Permissioned DEX on the XRP Ledger allows these institutional clients to trade in a regulated environment while also restricting who they trade with on the network through credential features, thereby putting adequate KYC and AML controls in place. Meanwhile, the payment company already boasts the infrastructure to implement this Prime Broker model, having acquired the Prime Brokerage platform Hidden Road (now Ripple Prime) last year. 

Access To Crypto Derivatives

Ripple announced that it now offers its Ripple Prime clients access to crypto derivatives on Coinbase, which Nodal Clear will clear. These derivatives include Bitcoin, Ethereum, XRP, and Solana futures contracts. Coinbase also offers U.S. perpetual-style futures, which expands the offering for Ripple’s clients. 

Furthermore, these futures contracts are regulated by the CFTC and are available 24/7, providing round-the-clock access for institutional clients. As a Futures Commission Merchant (FCM), Ripple Prime can facilitate these offerings without a third party. As a multi-asset brokerage platform, Ripple Prime continues to expand its crypto offerings. Last month, the company added support for Hyperliquid, providing institutional clients access to on-chain derivatives.

At the time of writing, the XRP price is trading at around $1.40, down in the last 24 hours, according to data from CoinMarketCap.

Spot Solana ETFs have pulled in roughly $1.45 billion since launching in July even as SOL fell 57% over the same stretch, a combination Bloomberg ETF analyst Eric Balchunas called “about as unlucky timing as you’ll ever see in ETFs.” For crypto markets, the takeaway is not just the headline flow number, but what it may say about the depth and quality of institutional demand.

Spot Solana ETFs Beat Bitcoin ETFs

Balchunas argued that the resilience of those inflows matters as much as their size. “Solana is down 57% since the spot ETFs launched in July … yet they managed to not only accumulate $1.5b in flows but not really give any of it up,” he wrote on X. He added that “50% of the assets are from 13F filers = serious inv base. Both really good signs for future IMO.”

The chart he shared shows cumulative Solana ETF flows climbing from about $410 million on Oct. 23, 2025, to $1.45 billion by March 2, 2026. The steepest acceleration came in late October through November, when cumulative inflows jumped sharply toward the $1 billion mark before continuing to grind higher into early March. Even with some flattening near the end of the period, the broader pattern is one of persistent net intake rather than hot-money churn.

Balchunas’ more provocative point was the relative comparison with Bitcoin. “The other thing about these flows, if we adjust for the size of solana vs bitcoin mkt cap, it’s the equiv of $54b in net new flows, which is about DOUBLE where bitcoin was at the same point,” he wrote. “And bitcoin was up a ton at that time vs down 57%. Anyhow, pretty impressive numbers given size and condition of the underlying mkt.”

That comparison goes to the heart of the thesis. Absolute flows still heavily favor Bitcoin, whose US spot ETF complex sits near $94.6 billion in assets, according to the table Balchunas posted separately. BlackRock’s IBIT alone accounts for roughly $57.1 billion, while Fidelity’s FBTC and Grayscale’s GBTC hold about $13.9 billion and $11.5 billion, respectively. On Wednesday, the group took in another $461.77 million, with IBIT contributing $306.58 million.

But Balchunas used that same Bitcoin flow snapshot to make a broader point about the risks of drawing sweeping conclusions from short windows of market action. After noting that Bitcoin had risen 12% since the Iran strike while gold fell, he posed a deliberately overstated question: “So does that mean gold has failed as a safe haven and may be devoid of any purpose and vice-versa for btc?” He then answered it himself in the next post.

“I don’t actually think this btw, just trying to point out the problem with making these types of damning judgements of an asset based on a short term window of price action,” Balchunas wrote. “Gold has my respect as asset as does bitcoin. Bitcoin’s surge may have little to do w geopolitics but rather the Jane St bogeyman going away and vibe change. And ppl selling gold may just be taking profits, some may be looking for next run in btc, wth knows.”

The same logic applies to Solana. A 57% drawdown would usually be the sort of backdrop expected to choke off ETF demand, not sustain it. Instead, the Solana products appear to have attracted sticky capital and, at least in Balchunas’ framing, done so at a pace that compares favorably with Bitcoin once market-cap context is applied.

At press time, Solana traded at $87.26.

Парламент Пакистана принял закон, который обязывает желающие работать в стране криптовалютные компании получать лицензию. Работа без разрешения будет считаться уголовным преступлением.

Vancouver city staff have recommended that councillors drop Mayor Ken Sim’s Bitcoin motion, which ordered work on accepting payments in BTC and exploring a Bitcoin reserve for part of the city’s funds.

Bitcoin: “Not An Allowable Investment Asset”

In a report released on March 2 reviewing outstanding council directions, the Vancouver staff has deemed Bitcoin as a “not an allowable investment asset for the City”, suggesting that the Mayor Sim’s motion to turn Vancouver into a “Bitcoin friendly city” should be concluded. The report also asks council to de-prioritize some of the 78 motions passed since 2019 part of a broader clean‑up of outstanding directions.

The rationale for this, as stated by the report, is a “reprioritization of staff and resources” and the need for “coordinating and aligning work with related initiative(s)”: the goal is to reduce the city’s spending by optimizing internal capacity.

City staff back these conclusions with the Vancouver Charter, the provincial law that sets out how municipal funds can be invested.

Inside The Vancouver Charter

The B.C. Ministry of Municipal Affairs has clarified that the Community Charter and the Vancouver Charter “don’t recognize cryptocurrency as payment for municipal services or other transactions,” so cities shouldn’t treat BTC like normal money on their balance sheets.

The ministry has also stated that local governments “are not permitted to hold financial reserves in cryptocurrency” because crypto is not on the listed of permitted investment vehicles laid out in the provincial legislation.

Under section 183 of the Community Charter, which the province applies to local governments’ funds, eligible investments are cited as things like Municipal Finance Authority securities, pooled funds, federal or provincial bonds, guaranteed bank products and similar high‑grade instruments. There is simply no legal category that would cover Bitcoin or other volatile digital assets, which doesn’t mean that it’s prohibited: it simply doesn’t exist in the law.

The Bitcoin Dream: A Bitcoin Friendly City

Mayor Sim’s Bitcoin motion pushed through in December 2024. Sim, who’s an investor in a cryptocurrency exchange, said he believed investing in Bitcoin was “the financially responsible” thing to do amidst inflation and market volatility. He went so far as to pledge a personal 10,000‑dollar Bitcoin donation to seed a municipal reserve, publicly lauding BTC as one of the most important financial innovations of the era.

It would be irresponsible for the City of Vancouver to not look at the merits of adding bitcoin to the city’s strategic assets to preserve the city’s financial stability.

What’s Next?

The staff was supposed to report back to council in the first quarter of 2025, but until the cited report, no other was made public.

The Vancouver city staff recommendation will land at council on March 10. Mayor Sim will be forced to decide whether to burn political capital defending his BTC agenda or watch his Bitcoin dreams be shelved and dismissed by his own administration.

Cover image from ChatGPT, BTCUSD chart from Tradingview

Инвесторы из штата Флорида подали коллективный иск против юридической компании Alston&Bird, утверждая, что стали жертвами криптосхемы Goliath Ventures и потеряли $328 млн. Истцы считают, что договоры о деловых отношениях, составленные этой фирмой, создали видимость законности Goliath Ventures.

Неизвестный атаковал работающую на блокчейне Биткоина платформу Solv Protocol и вывел из ее хранилища криптовалюту на $2,7 млн. Платформа готова заплатить хакеру за возврат средств вознаграждение в размере 10% от украденного.

Владелец брендов одежды Perry Ellis и Original Penguin, компания PEI Licensing подала в суд на криптокопроект Pudgy Penguins, обвинив в нелегальном использовании названия и изображения пингвина. Pudgy Penguins является эмитентом токена PENGU.

Sen. Cynthia Lummis said US lawmakers are actively exploring how Bitcoin can be used for everyday payments without automatically triggering capital gains tax, framing the issue as a key obstacle to treating the asset as a true medium of exchange.

Speaking on CNBC’s Squawk Box on March 5, the Wyoming Republican said discussions are underway in both the House and Senate around a potential de minimis exemption, with the figure currently being considered landing “right around $300.”

Congress Eyes Tax-Free Bitcoin Payments

Lummis described that threshold as only part of the broader tax problem. The bigger question, she suggested, is not simply where to set a small-transaction exemption, but how Congress should distinguish between a disposal of Bitcoin as an investment asset and the use of Bitcoin as money.

“It’s called the de minimis exemption. And the number that is being looked at by House Ways and Means and Senate Finance is right around $300 as a de minimis exemption,” Lummis said, and added:

“But the challenge is trying to figure out how you can use Bitcoin as a means of exchange without paying a capital gains tax on it. So we’re trying to figure out how to weigh the appropriate way to decide when a sale of, for example, a Bitcoin should be subject to capital gains and when it should be allowed to be used as a simple means of exchange. The same way we use the US dollar.”

That distinction matters. Under the current framework, spending appreciated Bitcoin can create a taxable event, even when the transaction looks economically similar to an ordinary purchase made in dollars. For crypto advocates, that has long been one of the main reasons Bitcoin has struggled to function cleanly as a payments rail in the US, despite its growing acceptance as a store of value and institutional asset.

The exchange on CNBC made clear that Lummis sees the issue less as a niche crypto tax tweak and more as a structural inconsistency in how digital assets are treated. When host Joe Kernen joked that, by similar logic, consumers should be able to claim capital losses as the dollar steadily loses purchasing power, Lummis agreed and leaned into the comparison.

“It’s right because it’s by design the US dollar loses value at 2% or more every year,” she said. “So you’re right. If we did the same thing with the US dollar, all taxpayers would be getting a capital loss annually.” However, Lummis did not outline a final legislative path, and she did not claim consensus has been reached.

At press time, Bitcoin traded at $70,786.

Военные действия США, Израиля и союзников на Ближнем Востоке не вызвали крайнего негатива криптоинвесторов. Наоборот, рынок даже вырос. Для инвесторов самое худшее — не плохие новости, а неопределенность. Чего ждать дальше?

Управление по регулированию виртуальных активов Дубая (VARA) заявило, что криптобиржа KuCoin и связанные с ней структуры работают в эмирате без лицензии. Ведомство потребовало от американской торговой площадки немедленно прекратить операции с виртуальными активами.

Суд Южного округа Нью-Йорка заморозил активы криптовалютного кредитора BlockFills в размере 70,6 биткоинов на время спора с фирмой Dominion Capital.

The Bitcoin price has been trending sideways for a few weeks now, with no clear direction of where the digital asset might be headed next. During this time, there have been some buyers, but mostly, the demand has been overwhelmed by the supply. As the scramble continues to tell where the bottom might be, crypto analyst Crypto Patel has also thrown their hat in the ring, suggesting when might be the ideal time to get into Bitcoin for the most returns.

If Bitcoin Falls Below This Point, Its A Generational Opportunity

The analysis shared on the X (formerly Twitter) platform points to the Bitcoin price not actually hitting a bottom yet. After the recovery above $71,000, expectations were that the bear market was finally coming to an end. However, some, like Crypto Patel, see it going further down.

Instead of going up completely, the crypto analyst expects that the Bitcoin price will actually fall from any recovery. But instead of stopping at $60,000 like the previous declines, Patel predicts that Bitcoin will eventually break below the support that has been building up at $60,000.

The analysis points to an initial break into the $50,000 territory for a start. However, that is not the end, as breaking below $50,000 remains on the table. This would suggest an adherence to previous bear market cycles, where the Bitcoin price has fallen more than 60%.

Despite this being bearish, especially in the short term, the crypto analyst suggests that this might be a blessing in disguise. According to the post, if the BTC price were to break this low, then it would be the perfect time to buy. Due to this, the analyst calls it a “generational buying opportunity.”

Nevertheless, Crypto Patel continues to preach on the bullishness of Bitcoin, asking investors to “zoom out” instead of panicking. As the analyst explains, investors will only lose out if they allow emotions to actually dictate their actions from here.

As for the timeframe for this analysis, the analyst shares a 3-6 months window for it to play out. “Save this post. Come back in 30-120 days,” the post read.

Доверять искусственному интеллекту контроль над крупными транзакциями или криптокошельками, особенно с большим объемом средств, опасно, заявил сооснователь Эфириума Виталик Бутерин. Так он ответил на пост криптоинвестора, показавшего, как ИИ регистрирует криптокошелек в блокчейне.

Платежный сервис Strike Джека Маллерса (Jack Mallers) получил лицензию BitLicense и лицензию на перевод денежных средств (MTL) от Департамента финансовых услуг штата Нью-Йорк (NYDFS). Это позволит компании предлагать местным клиентам услуги, связанные с криптовалютами.

John Daghita, a former US government contractor accused of stealing more than $46 million in Bitcoin (BTC) from the US Marshals Service (USMS), was arrested late Wednesday on the Caribbean island of Saint Martin, according to the Federal Bureau of Investigation (FBI).

Joint US-French Operation

The arrest was carried out in a joint operation involving US and French authorities. In a statement posted Thursday on X (previously Twitter), FBI Director Kash Patel said Daghita was taken into custody by the French Gendarmerie’s elite tactical unit in coordination with the FBI. 

Patel emphasized that the FBI will continue to work around the clock with international partners to pursue individuals accused of defrauding American taxpayers, regardless of where they attempt to evade authorities.

According to reports, Daghita previously worked for Command Services & Support (CMDSS), a Virginia-based company led by his father, Dean Daghita. Information from his now-deleted LinkedIn profile indicated he was employed by the firm, which held contracts with the US Marshals Service. 

These contracts reportedly enabled the company to help manage the digital assets seized by federal law enforcement, which now form the country’s strategic Bitcoin and crypto reserve.

Authorities involved in the arrest reportedly discovered a briefcase containing cash and multiple USB drives in Daghita’s possession. Investigators have not publicly detailed the contents of the devices or how they may relate to the alleged theft.

Bitcoin And Crypto Crimes In The Spotlight

The case centers on accusations that Daghita misappropriated more than $46 million in Bitcoin and other cryptocurrency assets that had been seized and were under the control of the US Marshals Service. 

Yet, Daghita’s arrest comes about a month after another high-profile crypto crime case made headlines. In Arizona, authorities arrested two teenagers from California in connection with an alleged $66 million cryptocurrency plot that escalated into a violent home invasion. 

The suspects, both under 18 and therefore not publicly identified, allegedly posed as delivery drivers to gain entry to a home in Scottsdale on January 31. Investigators say the teens forced their way inside, restrained and assaulted two homeowners, and demanded access to cryptocurrency holdings.

During the incident, one of the victims reportedly denied owning Bitcoin or any digital assets. An adult son inside the home was able to contact the police from another room. Officers responded to the scene, prompting the suspects to flee. They were later apprehended and taken into custody.

At the time of writing, Bitcoin was trading at $70,919. This followed Wednesday’s failure to climb back above $74,000, resulting in a 3.5% retracement for the cryptocurrency within a 24-hour period.

Featured image from OpenArt, chart from TradingView.com 

Злоумышленники стали завлекать жертв криптовалютного мошенничества обещаниями полностью вернуть украденные средства, сообщили канадские правоохранители.

В Южной Корее будут судить криптомошенника, который в 2019 году украл 120 млн вон (около $81 000) в криптовалюте и все эти годы официально считался мертвым. Теперь его криптоактивы раздали жертвам кражи.

The Cardano blockchain has now been integrated into the DFX.swiss platform, bringing its native token ADA to retail store payments.

Cardano Can Now Be Used To Pay At Certain SPAR Stores In Switzerland

As announced by the Cardano Foundation on its website, the Cardano blockchain has seen integration into DFX.swiss, a digital asset financial services platform based in Switzerland.

With the integration, ADA is now a part of Open Crypto Pay, a payments standard developed by DFX.swiss. “Through the integration of Cardano, customers can now pay with the cryptocurrency ADA in 137 SPAR stores across Switzerland,” explained the announcement. Open Crypto Pay also allows users to use their ADA from their native wallets directly at checkout.

SPAR is a Netherlands-based multinational franchise that provides licensing to independently owned and operated food retail stores. In Switzerland, there are over 350 stores using the branding, but currently, only 137 support payments with DFX.swiss.

According to the Cardano Foundation, Open Crypto Pay can help reduce transactions fees by around two-thirds compared to traditional card and payment providers. “This delivers not only technological innovation, but also clear economic value for retailers,” noted the not-for-profit organization dedicated to the cryptocurrency.

DFX.swiss also provides a direct bridge into the traditional banking infrastructure, enabling users to buy or exchange ADA directly into fiat currencies. Cyrill Thommen, DFX.swiss CEO, said:

With Open Crypto Pay, we demonstrate that Cardano is not only technologically advanced, but also delivers real value in daily payments – for both consumers and merchants.

ADA is now also integrated with the urble app, a savings platform created by Swiss FinTech Brick Towers. DFX.swiss announced a partnership with urble back in January. Ralph Hofacker, Co-CEO of Brick Towers, noted:

The combination of regulated infrastructure and user-centric applications makes it possible to implement saving and payments based on Cardano in a simple way.

ADA Has Declined While Other Digital Assets Have Rallied

Bitcoin and Ethereum have witnessed bullish price action during the past week, but Cardano has shown a different trajectory as the coin has gone down by more than 6% inside the window, reaching the $0.27 level.

Below is a chart that shows how the asset’s trajectory has looked over the past month.

ADA’s lackluster price action has come as large investors have participated in distribution. Over the past week, whales on the network have shed 230 million tokens (worth more than $63 million right now) from their holdings, as highlighted by analyst Ali Martinez in an X post.

Основатель криптопроекта Tron Джастин Сан (Justin Sun) выплатит $10 млн для урегулирования иска, поданного Комиссией по ценным бумагам и биржам США (SEC). Регулятор обвинял предпринимателя в рыночных манипуляциях с криптоактивами TRX и BitTorrent Token (BTT), а также в нарушении законодательства о ценных бумагах.