Nasdaq rebound pushes BTC toward $90K

Market overview

• BTC has dropped to a low of $81,200 and temporarily stabilized around the key support level of $81,000–$82,000.
• The rebound in US stocks, with the Nasdaq surging from -2% to a peak of 1.2%, drove BTC to rebound to $88,931. The key resistance level above is currently at $90,000–$91,000.
• BTC's market dominance stands at 61.26%, while the TOTAL3 market capitalization is $830 billion.

Key events

• Whale Alert monitoring indicated that the USDC Treasury has minted 50 million USDC on the Ethereum chain.
• Solana network fees dropped to $8 million last week, returning to 2024 October levels.
• Several crypto industry executives, including Coinbase CEO Brian Armstrong and Robinhood CEO Vlad Tenev, have confirmed their participation in the US White House Crypto Summit.
• Full-chain liquidity infrastructure StakeStone, in partnership with the BTC L2 solution GOAT Network, will launch the second phase of LiquidityPad, making it the first yield-boosting scenario for its governance token veSTO.
• Solana's staking platform Solayer has introduced its native SOL staking, allowing users to directly earn approximately 12% annualized returns without the need for Liquid Staking Tokens (LST) or Liquid Re-staking Tokens (LRT).
• Sony's L2 network Soneium has distributed two types of OG NFTs to early users: Soneium OG Badge and Soneium Premium OG Badge.
• Decentralized lending protocol Aave has released the latest update on tokenomics, planning to launch AAVE token buybacks and activate fee switches.
• According to The Block, Ark Invest has increased its holdings of Coinbase stock by 38,865 shares, worth $8 million, and sold $8.2 million of its Bitcoin ETF.
• Hyper Foundation, the nonprofit organization founded by Hyperliquid, announced on X that the validator set of the Hyperliquid mainnet will become fully decentralized in the next network upgrade. It will adopt the same mechanism as the testnet, where the top N validators, ranked by staking amount, will form the active set.
• Story ecosystem IP RWA protocol Aria has announced the acquisition and tokenization of part of the music copyrights of pop music superstars Maroon 5's "Nobody's Love" and Katy Perry's "Daisies".
• High-performance blockchain platform Avalanche has announced its 2025 roadmap, featuring key updates such as the Etna network upgrade and subnet renaming.
• L1 blockchain Cronos is facing strong opposition to a proposal to restore 700 billion CRO tokens that were burned in 2021, with the opposition rate reaching 95.71%.

Hot projects

Token		Description	Market Cap ($)
	NEIRO Recently strong-performing meme	Neiro on ETH has shown abnormal performance recently. After liquidating most high-leverage long positions on March 1, it accumulated funds for two consecutive days and experienced a rapid surge on March 4. Currently, Binance's futures open interest continues to rise, increasing from a low of $10.85 million to $30.78 million.	42 million
	FINVESTA PulseChain ecosystem project	Finvesta is a project built within the PulseChain ecosystem with a total token supply of 21 million. Over 1,000 FINVESTA tokens are burned daily.	63.63 million
	XMW Machine learning concept project	Morphware provides ML practitioners with the computing power needed to train complex models at a reasonable cost. By distributing the training process across multiple GPUs in the network, tasks that were previously infeasible due to cost or hardware limitations become possible, democratizing AI research and development. The token surged 30x after launch and has recently maintained stable performance.	51.39 million
	IAG ADA ecosystem project	Iagon is a storage and computing marketplace based on Cardano. It aims to revolutionize cloud services through a cost-effective, AI-driven shared storage and computing economy, bridging decentralization and compliance while ensuring privacy, security, and operational sovereignty for enterprises and retail users.	114 million
	COLLAT RWA concept	Collaterize is an RWA platform for tokenization, trading, and transfer. It is designed to connect RWAs while maintaining interoperability with core banking, permissioned, and decentralized applications. On February 20, its mainnet officially launched, featuring gas-free transactions, multi-asset categories, and peer-to-peer RWA transfers. A major product update is scheduled for tomorrow.	26.86 million

BTC ecosystem overview

• BTC Mainnet & Fractal Bitcoin Gas Fees remain at 3 sat/byte (due to low activity) ⚡.
• Inscription, Rune, and Fractal Bitcoin Leading Token Tracking:

1. ORDI: $10.91 (+4.09%)
2. DOG: $0.0019 (+4.28%)
3. FB: $0.86 (-0.65%)

Exchange updates

• Coinbase International will list CAKE/USDT, BRETT/USDT, and AI16Z/USDT perpetual contracts on March 6.
• Binance has adjusted the monitoring tag review frequency to once per month, added 10 new tokens including AERGO, and launched the HODLer Airdrop for GoPlus Security (GPS).
• DeGate has added support for the Base and BSC chains, in addition to the original Solana chain, for cross-chain trading.
• Bybit has listed the ELX (Elixir) spot trading pair and is set to list the ROAM/USDT spot trading pair on March 6.
• Bitget will list the Roam (ROAM) spot trading pair on March 6 and the Mint Blockchain (MINT) spot trading on March 7, while Bitget PoolX AB has opened for investment, offering an APR range of 31.6%-63.22% for BTC, ETH, and BGB.Bela

Industry landscape

• According to the "Administrative Policy Statement", the US White House has supported repealing the crypto broker reporting rule but opposed expanding DeFi regulations.
• According to independent media outlet Protos, the court case involving Terraform Labs founder Do Kwon has been delayed by a month after the US government argued that his defense team needed more time to review an additional 4TB of evidence, with the final trial now scheduled for January 26, 2026.
• Vietnam is planning to launch a legal framework for cryptocurrency by the end of March to promote economic growth. 
• Belarusian President Alexander Lukashenko has instructed the newly appointed Minister of Energy to start developing the country's cryptocurrency mining industry to make full use of surplus electricity resources. 
• US SEC has agreed to drop its lawsuit against Chicago-based crypto trading firm Cumberland DRW, which was accused of operating as an unregistered securities dealer and selling over $2 billion in unregistered securities.
• White House AI and crypto chief David Sacks has confirmed on the X that he has sold his LP stake in investment firm Multicoin Capital and is no longer a limited partner (LP) in the fund.
• Cross-chain protocol Across has raised $41 million in token funding, led by Paradigm.
• CoreWeave, formerly focused on Ethereum mining, is planning to raise $4 billion through an IPO, with a valuation of $35 billion.
• Staking Protocol Infrared has completed a $16 million funding round and will launch the first Berachain liquid staking protocol.
• Bitcoin treasury company Metaplanet has raised approximately $87 million to increase its Bitcoin holdings.
• French crypto trading company Flowdesk has raised $102 million, led by HV Capital, and will use these funds to launch a crypto credit business and establish a new office in the UAE.
• Bitcoin mining company Argo Blockchain has signed a $40 million funding agreement to support mergers and acquisitions (M&A) transactions.
• MEV infrastructure provider FastLane Labs has raised $6 million, led by Figment Capital and DBA.
• Bitcoin developer Blockstream has secured a multibillion-dollar investment, which will be used to launch three crypto funds, including two designed for Bitcoin lending.
• Social media platform Reddit co-founder Alexis Ohanian is looking to acquire TikTok US to bring the controversial social media application "on-chain" by integrating it with the decentralized social media protocol Frequency, which is designed to give users control over their online presence.

Emerging projects

Token	BLUB	DOGEAI	TIBBIR
Description	Memecoins on AVAX have a good relationship with the AVAX core team, as seen on X. Posts have placed the previously viral KET alongside Ferdy Fish, which was once a leading NFT project.	DOGEai is an autonomous AI agent that can expose waste and inefficiencies in government spending and policy decisions. It compares the expenditures of two administrations through a dashboard.	On Base, the AI Agent token issued by Virtuals Protocol is designed to combine the concepts of VC (Venture Capital) and DeFAI (Decentralized AI).
Price	$0.09282	$0.05013	$0.01332
Market Cap（$）	92.82 million	37.6 million	13.3 million
Token Holders	4,431	7,747	46,441

Token	FIST	GOCHU	BOOE
Description	A token on the BNB Chain, which also serves as the governance token for FstSwap. It is operated by the Chinese community and has gained attention due to its founding team originating from the Pangu Community.	A memecoin on Base, designed to promote Korean culture through memes and NFTs. Its name is inspired by gochujang, a famous Korean seasoning.	A memecoin on ETH, was created as a copycat of BOME, a phenomenon-level meme coin on Solana at the time. Book of Ethereum.
Price	$0.1716	$0.0(5)1298	$0.3042
Market Cap（$）	34.1 million	38.9 million	30.4 million
Token Holders	188,570	243,784	5,736

Other opportunities

On-chain DeFi mining yield products:

Project Name	Fluid（Blockchain：Ethereum） ←→ Token： USDC
Participation Method	Participate in Fluid USDC via OKX This financial product is supported by Fluid.
Project Information	Fluid:  Fluid is built on a liquidity layer, serving as the foundation for other protocols. This layer acts as a central hub, integrating liquidity from various protocols.
Earnings Details	Staking currency: USDC Redemption cycle: T+1 Annualized interest rate: 10.15% (subject to fluctuation, earnings in USDC + FLUID) Algorithm: 6.1% (Native Yield) + 1.51% (Platform Reward Yield in FLUID) + Daily Bonus (Total reward pool: 17.5K FLUID, Daily reward pool: 291.67 FLUID, valued at approximately $1.73K) Event duration: January 13, 2025 – March 14, 2025
Product Data	Token: USDC Total deposits: 245.6M  Liquidity: -- 7-day yield rate: 13.13%

Risk: Liquidity is not disclosed. Investors should proceed with caution and conduct their own research.

Disclaimer

The development and market cap of stablecoins mentioned in the above content are speculative and based on market analysis at the time of writing and should not be interpreted as guaranteed outcomes. Market conditions can fluctuate widely and unpredictably due to numerous factors such as regulatory changes, market demand, and global economic developments. 

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