Crypto markets rallied robustly with a $127B surge, pushing the total market cap to $2.95 trillion, nearing the $3.0T resistance. Bitcoin is trading at $91,717, aiming for key support at $92,005 and a move toward $93,625. Ondo led gains with a 23% rise to $1.19, targeting $1.27. Meanwhile, the CFTC and SEC plan to collaborate on digital asset regulation, while Bitwise filed to launch an Aptos ETF, sparking bullish momentum.

March 6, 2025 07:06:35 UTC

Fake Hong Kong Chief Executive Account Promotes Hong Kong Coin

A fake Hong Kong Chief Executive account, marked with a gray government certification, is suspected of being hacked and misused to promote Hong Kong Coin. Authorities believe the account was originally linked to an Indian organization before being renamed. This incident is part of a pattern on platform X, where multiple accounts with gray government certifications have been stolen and repurposed to issue digital coins, raising concerns about account security.

March 6, 2025 07:00:55 UTC

Pi Network Braces for Major Token Unlock

Pi Network is set to unlock 188 million tokens in March, giving over 1.1 million users access, yet demand remains strong. Despite its surge to become the 11th largest cryptocurrency and a 100% gain on mainnet launch, Pi fans express frustration over Binance’s delay to list PI tokens, sparking review-bombing. Binance cites liquidity and trading volume concerns for postponing the listing, while the community remains highly enthusiastic in the current market.

March 6, 2025 07:00:55 UTC

US Crypto Reserve News

Michael Saylor, a prominent crypto advocate, has reinforced his view that Bitcoin is the foundational asset for the crypto economy and should serve as the primary reserve asset for the U.S. In a recent Fox Business interview, Saylor highlighted Bitcoin’s unique, decentralized nature—emphasizing that it has no issuer and acts as “property in cyberspace” for long-term wealth preservation. He argued that if the U.S. were to establish a strategic digital reserve, it should focus on Bitcoin alone, while other crypto assets like Solana, Cardano, and Ripple would play different roles. Saylor also warned that delaying such a move could allow other nations to dominate the digital financial space, urging policymakers to prioritize regulatory clarity and secure a first-mover advantage.

March 6, 2025 06:40:00 UTC

Discord Eyes IPO in 2025, Potentially Shaking Up Tech Giants

Discord, the gaming-favored messaging app, is in confidential talks with bankers about preparations for an IPO, possibly as early as 2025, according to sources cited by the New York Times. The discussions remain exploratory and subject to change. If an IPO proceeds, it could impact major tech companies such as Slack, Microsoft, Alphabet, Snap, Meta Platforms, Tencent, and Sony.

March 6, 2025 06:22:44 UTC

Solana Co-Founder Toly Outlines Crypto Reserve Preferences

Solana co-founder Toly recently shared his reserve order of preference in a tweet. He stated that the ideal scenario is having no reserve at all, arguing that putting the government in charge would undermine decentralization. Alternatively, he suggested that states could run their own reserves as a hedge against potential mistakes by the Fed. If a reserve is necessary, it should be based on objectively measurable criteria—criteria that, for now, only Bitcoin meets. Toly added that if a target is set, the Solana ecosystem is ready to meet the challenge.

March 6, 2025 06:19:54 UTC

House Republicans Host “Crypto Power Lunch” to Discuss Digital Asset Legislation

A group of House Republicans, including @GOPMajorityWhip and @RepBryanSteil, hosted a “Crypto Power Lunch” this afternoon to discuss digital asset policy initiatives and upcoming legislation. The event brought together representatives from crypto trade organizations like @DigitalChamber and @BlockchainAssn, as well as key industry players from firms such as @paradigm, @a16z, @CoinFlip, @coinbase, @Anchorage, and @DCGcoz.

March 6, 2025 06:16:50 UTC

Bitcoin, Ethereum and XRP Price Today

Bitcoin leads the crypto market, trading at $92,486, up 6.22%, driven by renewed regulatory optimism after Trump’s strategic reserve announcement. Ethereum at $2,314.16 and Solana at $150.07 also advanced, while XRP, Cardano, Dogecoin, and Shiba Inu displayed mixed results amid legal challenges and community momentum. The market is buoyed by institutional interest and government policy shifts, although caution remains due to persistent volatility.

March 6, 2025 06:13:05 UTC

Donald Trump Crypto Investment See $336M Loss

The Trump family’s crypto project WLFI has invested a total of $336 million to acquire nine digital tokens, including ETH, WBTC, TRX, LINK, AAVE, ENA, MOVE, ONDO, and SEI. If the assets remain unsold, WLFI is facing a current floating loss of about $88 million. Notably, Ethereum represents the largest portion of this loss, amounting to approximately $67.35 million.

March 6, 2025 06:00:13 UTC

Russian Finance Ministry Sees No Crypto Reserve for National Welfare Fund

Russian Deputy Finance Minister Vladimir Kolychev stated that the Ministry of Finance has no plans to change the investment structure of the National Welfare Fund. He clarified that there have been no discussions about creating a strategic reserve of cryptocurrencies similar to the Trump administration’s plan. Kolychev emphasized that cryptocurrency assets, due to their high volatility, will not be added to the fund, which primarily holds CNY and gold.

March 6, 2025 06:00:13 UTC

SUI Crypto Set For Massive Rally

SUI is on the verge of hitting double digits. Currently, it’s trading just below the weekly trendline support—a level it hasn’t fully breached, as only intraday dips have occurred. This behavior suggests a potential fakeout. Confidence remains high that by the time the weekly candle closes, SUI will reclaim its support, setting the stage for a swift V-shaped recovery and a push towards a new all-time high.

March 6, 2025 05:27:45 UTC

Why is Cardano Price Up Today?

Cardano (ADA) appears set for a potential near-term rally, with analysts suggesting a massive 125% surge to multi-year highs above $2.0. This bullish outlook follows intense whale activity, with over 420 million ADA tokens acquired in just 24 hours. The rally was further boosted by former President Trump’s announcement of plans for a U.S. Strategic Crypto Reserve, which may include Cardano. Although ADA experienced a sharp 70% price jump before settling back near $0.94, it has broken its multi-week downtrend and is poised to retest December highs around $1.30. With technical indicators pointing to a potential move to $2.20, strong investor sentiment and strategic whale positioning could drive Cardano toward a robust recovery, even amid challenging macro conditions.

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