North Dakota Takes First Steps Towards State Bitcoin Reserve

Bitcoin is currently trading 13% below its record high, with long-term holders selling off significant amounts of BTC. Short-term holders have been accumulating coins from long-term holders, leading to a price decline to around $94,500.

College football prospect Matai Tagoa’i will receive part of his earnings in Bitcoin through an NIL deal with USC. NFL stars like Odell Beckham Jr. and Russell Okung have also opted for Bitcoin payments, potentially leading to long-term financial growth.

Roman Storm, co-founder of Tornado Cash, seeks to dismiss charges following the Fifth Circuit ruling that OFAC overstepped by sanctioning the platform's smart contracts. The ruling recognized the inability to control autonomous software like Tornado Cash.

In 2024, hackers stole $2.2 billion, primarily through private key compromises, with a significant increase from the previous year. Centralized exchanges were targeted, leading to a drop in attacks in the second half of the year.

According to a crypto analyst, Coinbase has surpassed the Nasdaq and HKEX in transaction revenue, generating $5.75 billion in the past year. Despite high growth, it still lags behind the LSE and ICE in total revenue. Coinbase's potential lies in expanding internationally for future revenue growth.

The SEC has approved the first spot exchange-traded funds combining Bitcoin and Ethereum, with Nasdaq and Cboe BZX Exchange authorized to list them. These ETFs will have an 80% Bitcoin and 20% Ethereum split, based on market capitalizations.

Dogecoin (DOGE) plummeted 12.4% in the last 24 hours due to a broader market decline triggered by the Federal Reserve's economic outlook. Despite the drop to $0.31, its market capitalization remains at $46.6 billion, making it the seventh-largest crypto.

Craig Wright, ruled not to be Satoshi Nakamoto, was found in contempt for claiming to be Nakamoto and suing in Nakamoto's name. High Court Judge Mellor suspended a two-year sentence if Wright refrains from further lawsuits.

The partnership between Formula 1 and Crypto.com has been extended through 2030, with Crypto.com maintaining a prominent presence at Formula 1 events, including the Miami Grand Prix. The initial deal in 2021 marked Formula 1's entry into the crypto world during a period of rapid digital asset growth.

MARA and Hut 8 have significantly increased their Bitcoin holdings, with MARA acquiring 15,574 BTC for $1.53 billion (about $400 million of which is newly disclosed) and Hut 8 adding 990 BTC for $100 million. These purchases come after MARA raised $1.925 billion through convertible notes offerings in November and December.