Urea Prices Have Spiked Due to Iran Conflict—And Traders Expect More Pain

American Bitcoin, backed by the Trump family, has increased its bitcoin reserves to 5,843 BTC, worth approximately $512.9 million, making it one of the world's largest corporate holders of the cryptocurrency. The company has achieved a claimed Bitcoin yield of around 116% from its Nasdaq debut.

According to the Cambridge Bitcoin Electricity Consumption Index (CBECI), the cost of mining one Bitcoin in the U.S. exceeds its current market price. Mining firm Canaan told Decrypt that they have taken strategic decisions to reduce their risk profile, while many U.S. Bitcoin miners have pivoted to AI data center operations in the past year and a half.

The Australian Securities and Investments Commission has identified regulatory gaps in the crypto industry as a significant risk, leading to consumer exposure to unlicensed advice and misleading conduct. Proposed legislation aims to establish the country's first regulatory framework for businesses holding digital assets.

The stablecoin supply has decreased over the past week, aligning with Bitcoin's recent drop. The top 12 stablecoins have lost around $2.24 billion in market capitalization in the last 10 days, reflecting investors moving funds out of crypto.

North Korea-linked hackers are using AI-generated deepfakes in live video calls to deceive crypto developers into installing malware. The attackers pretend to be someone the victim knows, ask to fix an audio issue, and then gain full system access to steal Bitcoin and target others.

WhiteBIT, a crypto exchange, was blacklisted by Russian authorities for supporting Ukraine's war efforts. The exchange, accused of illegal activities, was designated as an "undesirable organization," facing restrictions within Russia and accusations of aiding the Ukrainian military.

The first U.S. spot Avalanche (AVAX) exchange traded fund (ETF) by VanEck, VAVX, started trading on Nasdaq. The fund provides exposure to AVAX token performance and staking rewards, expanding the range of crypto ETFs for U.S. investors.

Nifty Gateway, a prominent NFT platform, surprised many by announcing its closure on February 23, sparking concerns about centralization and the fate of digital art. The lack of details has left users uncertain about asset withdrawals and artwork accessibility.

River (RIVER) token has surged over 1,900% in the past month, reaching a market cap of $1.6 billion and ranking 67th in the crypto market. Influencers like Justin Sun and Arthur Hayes have supported the token, leading to a 168% increase in the last week.

Tether's recent attestation report revealed a shift towards gold, with 375,000 XAUT tokens minted by Dec. 31, a 38% increase from three months prior. XAUT's supply growth outpaced USDT, reflecting investor interest in gold amid economic uncertainties.