💼 Vitalik Buterin stated that there is no need for more copy-paste EVM chains or L1s, as Ethereum L1 is scaling and will provide ample blockspace. He urged the development of truly innovative solutions, including privacy, app-specific efficiency, and ultra-low latency, while expressing support for app chains closely tied to L1 or "institutional L2s" that can enhance algorithmic transparency. link

🧑‍💻 The Gensyn mainnet will launch in April, with the AI token distributed and available on exchanges. link

🆕 $TRIA listed on Bybit futures link

😱🤑 Fear&Greed Index for #BTC and #ETH

💸 #BTC Strategy:
−$12.28B over 7 days (−18.95%), total portfolio loss −$3.42B (−6.30%). link

#ETH Bitmine:
−$3.64B over 7 days (−28.23%), total portfolio loss −$7.34B (−44.76%). link

📊 Borrowing demand is rising again.

Credit withdrawals on Nexo reached $24M in January (+9% MoM), signaling a steady recovery. Aave data shows leverage returning across DeFi.

The rebuild has started, but remains cautious. link

📈 $69,000 Bitcoin

📈 $69,000 Bitcoin

💸 $100,000,000 liquidated from the crypto market in the past 60 minutes.

💸 $100,000,000 liquidated from the crypto market in the past 60 minutes.

⚠️ The #BTC capitulation metric has printed its second-largest spike in two years, highlighting a sharp escalation in forced selling. These stress events typically coincide with accelerated de-risking and elevated volatility as market participants reset positioning.

🕵️ The Bitcoin treasury company Nakamoto, which had previously accumulated 5,400 $BTC ($376.4M), just moved 933 $BTC ($65M) to a new wallet. link

📊 Roundtable Discussion on the 1011 Crash: Did It Cause the Market Drop? Who's Responsible? Thoughts on Binance's Summary Report

Albert noticed issues as early as August. ETH was surging, but options skew was inverted, indicating speculative rather than investment-driven buying. A large part of this crash was caused by mass liquidation of USDe loop lending strategies. Carry traders suffered badly, likely closing out at bad prices and re-entering hedges during engine/system failures at even worse prices — taking double hits. link

🆕 $RNBW featured on Binance alpha link

🧑‍💻 #ETH Treasury Ether ETHZilla is transitioning to real estate tokenization with a $4.7 million credit deal. #rwa link

🗣 Senator Cynthia Lummis stated that the majority leader has assured her that time will be reserved on the Senate calendar for the markup of the market structure bill.

🇧🇷⚖️ Brazil moves closer to banning algorithmic stablecoins as a congressional committee approved Bill 4,308/2024.

The bill requires all stablecoins to be fully backed by segregated reserves and prohibits unbacked models such as Ethena’s USDe and Frax. It introduces criminal penalties of up to eight years in prison for issuing unbacked stablecoins and places compliance and risk-management obligations on exchanges offering foreign stablecoins like $USDT and $USDC. #regulation link

🚀 $4 trillion JPMorgan quant says Bitcoin now looks more attractive than gold long term.

BULLISH

🇺🇸👀 #macro USA:
- Initial Jobless Claims = 231k (exp 212k / prev 209k)
- Continuing Jobless Claims = 1.844M (exp 1.850M / prev 1.827M)

🆕 $ZRO listed on Robinhood spot link

🕵️‍♂️ World Liberty Finance has sold 73 $WBTC for $5.037M $USDC and is likely to sell more. link