Assemble AI

USDC and Circle's Cross-Chain Transfer Protocol (CCTP) will be launched on the Morph platform, with USDC issued by Circle’s regulated entity on Morph for consistent USD-denominated settlements. CCTP supports cross-chain transfer of USDC via a burn-and-mint mechanism, ensuring 1:1 supply consistency and enabling applications to choose between Standard or Fast Transfer modes. These integrations target various use cases including crypto cards, cross-border remittances, payment gateways, DeFi, and trading, supported by Morph's $150 million Payment Accelerator program to establish a robust payments settlement layer.

A significant whale known as 'pension-usdt.eth' has opened a new 3x leveraged long position on 1000 BTC, valued at approximately $67.39 million. The position currently has unrealized profits exceeding $500,000. This indicates bullish sentiment from a major market player in the Bitcoin market.

Shenyu, CEO of Cobo, highlights that AI Agents will fundamentally reshape corporate organizational systems by targeting entrenched Standard Operating Procedures (SOPs). Rather than enhancing individual skills, AI's autonomous planning requires a shift from layered SOPs to processes centered on intent, boundaries, and dynamic human-AI collaboration. This evolution may diminish departmental silos and middle-management roles, fostering more efficient, agile corporate models.

Hong Kong Financial Secretary Paul Chan announced tax concessions for cryptocurrencies, precious metals, and select commodities to attract family offices and funds. Over 3,300 single-family offices currently operate in Hong Kong. An amendment bill to formalize these tax incentives will be introduced in early 2024 and will apply from the 2025-26 tax year.

Bitcoin's current downturn is expected to stabilize around the fourth quarter, with a potential rebound to approximately $75,000 before upward momentum returns in early 2027. Willy Woo predicts the bear market bottom will likely be at $45,000, but warns that macroeconomic collapse could push support levels down to $30,000 or even $16,000. Liquidity worsening is seen as a key factor limiting any significant near-term breakthrough above $75,000.

South Korea's Financial Services Commission will hold the first Virtual Asset Committee meeting of the year on March 4. The meeting will focus on the government's proposed digital asset legislation, including potential limits on major shareholders in crypto exchanges and a stablecoin issuance framework dominated by banks. Feedback from private sector committee members will shape the final draft of the law.

Block announced it will cut nearly half of its workforce, reducing headcount from over 10,000 to under 6,000 employees. The company emphasizes it remains financially strong with growing gross profit, and the decision is driven by a strategic pivot to an AI-centric and flatter organizational model. The restructuring will be completed in one phase rather than staged layoffs.

0G Labs has partnered with Stanford University's Blockchain Builders Fund to create the 0G Apollo Accelerator, which will allocate $20 million to support decentralized AI application startups. The accelerator offers $200,000 in Google Cloud credits and infrastructure support from wallet platform Privy, now part of Stripe. This initiative aims to foster revenue-generating AI projects built on decentralized infrastructure with enterprise-grade tools and cloud capabilities.

Jimmy Wales, Wikipedia's co-founder, expressed skepticism about Bitcoin's ability to become the dominant currency despite its network robustness. He noted that extreme threats like 51% attacks or cryptographic vulnerabilities would be needed to halt Bitcoin's operation. Wales suggested that Bitcoin's price could fall below $10,000 by 2050 in present value terms, reflecting uncertainty about its long-term value.

JPYC Inc., issuer of the Japanese yen stablecoin JPYC, completed a $11.9 million Series B funding round led by Asteria. The company intends to use the capital to broaden its financial and Web3 ecosystem presence and promote stablecoin adoption. JPYC currently operates on major blockchain networks such as Avalanche, Ethereum, and Polygon.

Un balenă de criptomonede a vândut 23,500 ETH evaluat la 47,6 milioane de dolari cu o pierdere, conform EmberCN. Investitorul deține în continuare 150,000 ETH și 4,000 cbBTC, ale căror dețineri arată în prezent o pierdere nerealizată combinată de 126 milioane de dolari. Prețul mediu de achiziție pentru ETH a fost de 2,667 dolari, în timp ce cbBTC a fost cumpărat la o medie de 73,837 dolari.

Onchain Lens data reveals a transfer of 5 million TRUMP tokens, valued at approximately $17.3 million, to Binance within the last 9 hours. The tokens moved from a team-related address through a BitGo wallet to the exchange, possibly indicating an impending sell-off. No official comment has been made regarding this significant token movement.

XRP spot ETFs in the U.S. experienced a total net inflow of $1.2163 million in a single day, led by the Canary XRP ETF and Bitwise XRP ETF. The Canary XRP ETF recorded a $745,700 inflow, bringing its total historical net inflows to $414 million, while Bitwise saw $470,600 inflow, totaling $370 million historically. Overall, XRP spot ETFs hold over $1 billion in assets, with cumulative net inflows reaching $1.238 billion.

Allegations of insider trading involving Axiom personnel have surfaced, prompting company action and legal threats. Major institutional and market updates include Ethereum Foundation's new roadmap, Circle's bullish stock performance, and strategic investments by Solana-related companies. Additionally, regulatory changes in the UK and significant security incidents highlight ongoing risks and evolving dynamics in the crypto space.

Polymarket data shows a 60% probability that Based's fully diluted valuation (FDV) will exceed $100 million within a day of listing. This optimism follows Based’s recent completion of an $11.5 million Series A funding round led by Pantera Capital. Investor interest appears strong as market sentiment shifts positively on Based’s prospects.

Morgan Stanley’s Head of Digital Asset Strategy, Amy Oldenburg, revealed at the Bitcoin for Corporations conference in Las Vegas that the firm intends to develop proprietary Bitcoin custody and trading services. The bank is also set to explore Bitcoin yield and lending products as part of its digital asset expansion. This move signals a notable push by a major institutional player deeper into Bitcoin-related financial services.

The count of wallets holding 100 or more BTC has climbed to nearly 20,000, signaling potential bullish momentum. On-chain analysis suggests that rising whale numbers often occur during market downturns as part of accumulation phases. However, the total supply held by these whales has not significantly increased yet, which partly explains ongoing price pressures.

The team behind the Trump memecoin (TRUMP) recently moved 5 million tokens, valued at $17.3 million, to the Binance exchange within a nine-hour window. These transfers originated from a BitGo wallet, suggesting the team may be preparing to sell the tokens. Market watchers are concerned about a potential sell-off impacting TRUMP's price.

Morgan Stanley intenționează să ofere servicii de custodie și tranzacționare Bitcoin ca parte a strategiei sale în creștere pentru activele digitale. Firma explorează, de asemenea, servicii de randament și împrumut pentru Bitcoin, deși aceste inițiative rămân în dezvoltare timpurie. Cu aproape 9 trilioane de dolari în active gestionate, Morgan Stanley își propune să integreze serviciile Bitcoin pentru clienții săi.