
Market Update
Crypto majors declined 1-3% with BTC at $112.8k, ETH at $4.1k, and SOL at $204.
Major Partnerships
- SWIFT partners with Consensys to bring traditional payments onchain
- SEC and CFTC commit to coordinated crypto oversight
Key Developments
- Meteora announces October 23 token launch with new LP airdrop system
- Andre Cronje's Flying Tulip secures $200M funding at $1B valuation
- SEC halts QMMM trading after 2000%+ surge
Trading & Markets
- IBIT becomes largest BTC options venue with $38B open interest
- Polymarket launches NFL mention markets
- OpenSea adds NFT Strategy tokens for trading
- PNKSTR acquires 18th punk, trending alongside CARDS
What's new? 馃敼Crypto majors down 1-3%; BTC - $112.8k, ETH - $4.1k, SOL - $204 馃敼SWIFT partners with @Consensys to bring payments onchain 馃敼SEC & CFTC promise to work closely for crypto oversight 馃敼@MeteoraAG announces Oct 23 TGE + new LP airdrop mechanism 馃敼Andre Cronje's Flying
SEC Investigates 200 Companies Over Crypto Treasury Holdings
The **SEC has launched investigations into 200 companies** connected to crypto-treasury deals, marking a significant regulatory crackdown on corporate cryptocurrency holdings. This development follows the SEC and CFTC's recent joint statement that allowed registered exchanges to enable spot trading of crypto assets, suggesting a mixed regulatory approach. Key implications: - **Corporate crypto adoption** faces increased scrutiny - Companies holding Bitcoin or other cryptocurrencies may need enhanced compliance - **Regulatory clarity** remains fragmented across different crypto activities The investigation scope appears broad, potentially affecting publicly traded companies that have added cryptocurrency to their balance sheets as treasury assets. This regulatory action could influence how corporations approach crypto investments moving forward.
馃 China's Gold Rush
**China's increasing gold reserves could accelerate US adoption of Bitcoin as "digital gold."** Crypto analysts Tyler and Logan suggest China's gold strategy presents an opportunity for the Trump administration to embrace Bitcoin more aggressively. - China's gold accumulation creates geopolitical pressure - US may counter with digital assets instead of physical gold - **Bitcoin positioned as America's strategic reserve alternative** The analysts argue this dynamic could push US policy toward viewing cryptocurrency as a national security asset rather than just an investment vehicle. *Could geopolitical competition drive the next crypto adoption wave?*
馃弳 Trillion Dollar ETF
A new ETF called **$TRIL** launched, targeting the exclusive "Trillion Dollar Club" of companies valued at $1T+. The fund includes eight major holdings: - **Bitcoin** (the only cryptocurrency) - **Nvidia** - **Tesla** - **Microsoft** - **Apple** - **Alphabet** - **Amazon** - **Meta Platforms** This marks another milestone in Bitcoin's institutional adoption, as it joins traditional tech giants in a premium investment vehicle focused on the world's most valuable assets.
Major Crypto News Roundup - March 5, 2025

- US government signals potential tariff relief for Mexico & Canada, driving major cryptocurrencies up 6-10% - Cantor Fitzgerald CEO Lutnick reveals Trump's upcoming Bitcoin Reserve announcement, with distinct treatment planned for other cryptocurrencies - Reddit co-founder expresses interest in TikTok acquisition, proposing blockchain integration - AVAX ecosystem sees new token $Blub reach $100M fully diluted valuation at launch - Mexican billionaire Ricardo Salinas moves 70% of portfolio ($3.5B+) into Bitcoin - USDC makes history as Japan's first approved stablecoin