BTC faces bull trap risks due to the formation of a bear flag pattern, with a measured downside target at around $51,000. Bitcoin (BTC) is on track for its strongest weekly gain since September 2025, defying a broader risk-off backdrop driven by the escalating US and Israel-Iran war. Key takeaways: Strategy raised $776 million this week, which could lead to the purchase of over 11,000 BTC. Read more
Former Coinbase CTO says the crypto industry should build more financial tools for refugees and stateless people as conflicts and migration increase worldwide. Tech investor and former Coinbase chief technology officer Balaji Srinivasan has called on the crypto industry to develop more financial tools for refugees and stateless people. In a Saturday post on X, Srinivasan said the number of displaced individuals could grow as global conflicts intensify and economic migration increases. He pointed to examples ranging from Ukrainians fleeing war to workers leaving the Gulf countries amid regional tensions. “We should build more crypto tools for refugees and stateless people,” Srinivasan wrote, suggesting that blockchain-based systems can provide financial infrastructure when traditional institutions fail or become inaccessible. Read more
Blockchain's transparency traces illicit flows better than fiat systems. Industry-wide information sharing and unified AML rules close gaps, without curbing liberty. Opinion by: Ana Carolina Oliveira, chief compliance officer at Venga Crypto doesn’t have a money laundering problem on its own. At least, not when compared to traditional finance, where the practice is at least twice as prevalent and over 90% of which is believed to go undetected. Money laundering is a general problem wherever we see the transfer of funds. That’s the good news. Blockchain records everything for posterity. When money laundering does occur, an indelible record is created that allows the illicit financial flows to be traced from end to end. Read more
USDC’s market cap is approaching a record $80 billion, with one analyst linking the surge to capital flight and turmoil in Dubai’s real estate market. The market capitalization of the USDC stablecoin is approaching a record high near $80 billion as demand surges in the Middle East, with one analyst linking the spike to capital flight from the United Arab Emirates. According to data from CoinMarketCap, USDC (USDC)’s circulating supply has risen to roughly $79.2 billion, marking a new all-time high for the dollar-pegged stablecoin. The stablecoin’s market cap previously hit a high of below $79 billion in December last year. The increase comes after supply expanded by billions of dollars in recent weeks. The stablecoin’s market cap stood at just over $70 billion in early February and at $75 billion earlier this month. Read more