The Litecoin price has been one of the better-performing assets since a wave of bearish pressure swept the market this past week. While the altcoin initially succumbed to the downward pressure, the price of LTC has recovered to its former highs before the downturn. Thanks to its recent positive momentum and resilience, the Litecoin price is outperforming Bitcoin, the largest cryptocurrency by... source: https://www.newsbtc.com/news/litecoin/litecoin-shows-resilience-in-uncertain-market-conditions/

Michael Saylor has announced impressive Bitcoin profits generated by Strategy in the first two months of 2025 source: https://u.today/saylors-strategy-delivers-26-billion-bitcoin-gain-as-2025-begins

A bank teller has been arrested for allegedly grabbing $1,000,000 in cash from his employer’s vault and successfully sneaking it out of the premises. Daniel A. Acebo was hired by a New York bank – which hasn’t yet been named – as a business banker, according to local reports. One of his jobs was to […] The post Bank Employee Allegedly Steals $1,000,000 in Cash From New York Bank Vault, Fleeing... source: https://dailyhodl.com/2025/03/01/bank-employee-allegedly-steals-1000000-in-cash-from-new-york-bank-vault-fleeing-with-stacks-of-money-in-backpack-report/

BlackRock's IBIT, the largest such fund, notably continued its outflow streak, shedding over $1.1 billion over the course of last week. source: https://www.theblock.co/post/344082/u-s-spot-bitcoin-etfs-record-first-day-of-net-positive-inflows-after-shedding-20-billion-in-overall-value?utm_source=rss&utm_medium=rss

BlackRock, the world’s largest asset management firm, has reportedly incorporated its iShares spot Bitcoin (BTC) exchange-traded fund (IBIT) into some of its model portfolios. Bloomberg, citing a BlackRock investment outlook that its journalists had viewed, reports that the firm added a 1-2% allocation for IBIT in model portfolios that allow for alternative investments. Model portfolios... source: https://dailyhodl.com/2025/03/01/blackrock-includes-ibit-bitcoin-btc-exchange-traded-fund-in-model-portfolio-report/

The Ethereum Foundation today announced that it was welcoming Hsiao-Wei Wang and Tomasz Stanczak as co-executive directors. Wang has served as a researcher for seven years at the EF, while Stanczak founded Nethermind and was one of the initial team members of Flashbots. source: https://www.cryptopolitan.com/ethereum-foundation-appoints-directors/

According to CoinDesk, Swiss National Bank (SNB) President Martin Schlegel has dismissed the idea of incorporating bitcoin into Switzerland's central bank reserves. Schlegel highlighted concerns over the cryptocurrency's volatility, liquidity, and security as primary reasons for this decision. In an interview with the Tamedia group, he emphasized that the instability of cryptocurrencies makes them unsuitable for preserving long-term value. Schlegel further explained that the central bank's reserves must remain highly liquid to be readily available for monetary policy interventions. He also pointed out the inherent security risks associated with software-based assets, noting that software can be prone to bugs and vulnerabilities. These remarks come amid a broader discussion in Switzerland regarding the potential inclusion of bitcoin in the SNB's reserves. A recent initiative, spearheaded by entrepreneur Yves Bennaim, is advocating for a constitutional amendment that would require the SNB to hold bitcoin alongside gold in its reserves. This initiative, launched in December, aims to gather 100,000 signatures within 18 months to prompt a nationwide vote on the matter. While the proposal does not specify the exact bitcoin allocations, it suggests that the reserves should be built from the bank's earnings. Despite the increasing acceptance of cryptocurrencies in Switzerland, with several Swiss banks offering cryptocurrency-related services, Schlegel remains skeptical. He described cryptocurrencies as a "niche phenomenon" and expressed confidence in the Swiss franc's continued strength. Schlegel stated that the SNB is "not afraid of competition from cryptocurrencies," underscoring the enduring stability of traditional currencies.

Ethereum native cryptocurrency ETH’s price is currently at a critical juncture courtesy of its recent decline. It has retested its Q4 2024 support level, but on-chain data reveals that weak demand could potentially lead to more capitulation. ETH previously crashed below the same support at the start of February but a swift recovery followed suit. […] The post ETH Price Breaks Below Key Support... source: https://www.thecoinrepublic.com/2025/03/01/eth-price-breaks-below-key-support-level-what-next/

Bitcoin is spiraling, and the numbers paint an ugly picture. In just five days, prediction markets have slashed forecasts, now betting that Bitcoin will drop below $60,000 in 2025. That’s an $18,000 shift since February 23, according to Kalshi. At the same time, optimism for a rally has collapsed—the odds of Bitcoin hitting $150,000 before […] source: https://www.cryptopolitan.com/prediction-markets-expect-bitcoin-to-drop-below-60k-as-bears-get-stronger/

The Ethereum developer was also recently informally elected as head of the Ethereum Foundation in a non-official, non-binding vote. source: https://cointelegraph.com/news/ethereum-developer-danny-ryan-joins-etheralize-co-founder?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

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