CNYEUR

According to the ever-reliable Arkham Research (who definitely aren’t from a comic book), the government’s crypto strategy has been about as effective as trying to catch a greased pig at a county fair. Once again, we find ourselves in the age-old tale of political goodwill that doesn’t quite translate into action. David Bailey, a former crypto advisor to the Trump administration, seems to think this gap could tell a very riveting story, possibly even one worthy of a Netflix miniseries.

In a rather verbose social media post, Buterin spilled the beans, revealing that the developers, researchers, and Ethereum enthusiasts he regularly chats with have become increasingly paranoid about the world’s direction-and, more importantly, Ethereum’s role in saving the day. This post? It didn’t just make waves, it practically caused a tsunami in the crypto community.

X is introducing X Money, a new service that will allow users to make digital payments and send money. To power this feature, X is partnering with Cross River Bank as part of its broader strategy to offer financial services on its platform.

So, what’s all this talk about a “treasury strategy”? Well, it’s simple. BitMine just bagged another 50,900 ETH, bumping its holdings to 4.47 million ETH. Big numbers, folks. Big numbers.

The market, that fickle mistress, now whispers of a breakout-a daring escape from the $70,000 cage. Bitcoin, ever the acrobat, has been tracing higher lows, compressing itself into a triangular straitjacket. Sellers, those weary old men, are losing their grip, while buyers, young and brash, drum up a frenzy. Volume swells, not with the roar of a lion, but with the cacophony of a Moscow marketplace. Yet, beware! A breakout is but a flirtation, a fleeting kiss before the inevitable slap.

Despite dire predictions that talks might have stalled, reports from Crypto In America suggest the negotiation circus is still in full swing behind closed doors. Eleanor Terrett, ever the optimist, quoted a banking industry insider who refuted claims that the whole thing was unraveling. Apparently, they’re still toiling away, reviewing and contributing to draft legislative language. But please, don’t pay attention to that March 1 deadline – apparently, it was all a misunderstanding.

The FTC and 11 states are accusing Walmart of, shall we say, “misleading” drivers about how much they’d be raking in when they were zooming around delivering groceries and gadgets from the world’s biggest retailer. Apparently, these drivers expected big bucks and instead got, well, less than that.

Bitcoin, ever the star of this grand spectacle, traded with a flourish between $72,700 and $73,000, having gained a modest 5.5% in 24 hours. Tens of billions of dollars were added to its already prodigious market value, which now stands at over $1.45 trillion. One wonders if it will ever tire of such extravagance.

BTC has jumped from a 24-hour low of $67,515 to as high as $73,394, representing an 8.7% increase.

On the daily, ETH is refusing to come out of its rut-stuck below the 100‑day and 200‑day moving averages that are both doing the little slide. The chart is basically a trending downwards roller coaster named “Bearish Boulevard.” The price is still nudging around a descending channel that looks a bit like the shape of a very tired avocado.