21Shares Launches TCAN ETF on Nasdaq, Providing Exposure to Canton Coin

Stifel analysts predict Bitcoin could drop to $38,000, a 42% decrease from current prices, based on historical trends. They attribute the recent downturn to the Federal Reserve's hawkish stance on monetary policy and the nomination of an inflation hawk as Powell's successor.

U.S. Treasury Secretary Scott Bessent emphasized the necessity of passing the market structure bill for regulating crypto in the United States. Coinbase's withdrawal from supporting the bill caused a setback, prompting warnings from the White House about the importance of a regulatory framework.

The Ethereum Foundation awarded a $50,000 bug bounty to Trust Security for identifying a high-severity attack vector in ERC4337, affecting account abstraction transactions. The vulnerability was patched in the latest release to prevent potential exploitation by malicious actors.

Gemini is shutting down operations in the UK, EU, and Australia, reducing staff by 25%, and focusing on prediction markets to improve profitability. The closure will be phased out over two months, with accounts closing on April 6 and balances moving to withdrawal mode on March 5.

XRP experienced a 15% drop in 24 hours, trading at $1.30, marking its lowest price since November 2024. Ethereum, Dogecoin, BNB, and Solana also saw significant losses in the past week.

Solana Foundation President Lily Liu emphasized the importance of blockchains returning to their original purpose of finance, criticizing efforts to broaden their utility into areas like gaming and Web3 narratives. She highlighted the need for creating new financial markets rather than simply transferring existing applications to blockchains.

Bitcoin's price dropped below $67,000, the lowest in 15 months, with Ethereum and Solana also experiencing significant losses. The crypto market decline coincided with tech stock fluctuations on Wall Street, impacting investor sentiment and leading to reduced exposure to risk assets.

Three teenagers were jailed for a "wrench attack" that resulted in the theft of $4.3 million in cryptocurrency at knife point. The suspects were identified through social media footage and vehicle tracking after stealing the victim's car, with the crypto being recovered within 72 hours.

Crypto exchange Gemini is set to slash its workforce by 25% as it shutters EU, UK and Australia accounts, citing the impact of AI on software engineering jobs and a pivot towards prediction markets.

Michael Burry, known for predicting financial crises, draws parallels between Bitcoin's current bear market and the 2022 crash, suggesting a potential further decline. Despite differing market conditions, his comparison has sparked debate among analysts and traders.