📢 Pakistan Passes Virtual Assets Act 2026🇵🇰

Pakistan has taken a major step toward regulating the crypto industry.

• Pakistan approved the Virtual Assets Act 2026 to regulate digital assets.
• The law establishes the Pakistan Virtual Assets Regulatory Authority (PVARA).
• The new regulator will oversee crypto businesses and virtual asset activities in the country.

📢 Tether to Provide $250M in Support to Rumble Through GPU Services and Advertising

A new strategic partnership is bringing major backing to the video platform.

• Tether will provide up to $150M worth of GPU computing services to Rumble.
• The deal also includes $100M in advertising support.
• The partnership strengthens ties between $USDT issuer Tether and video platform Rumble as both expand their ecosystems.

📢 U.S. Jobs Data Misses Expectations

The latest employment report came in weaker than markets expected.

• U.S. Nonfarm Payrolls (NFP) fell -92,000 in February.
• The figure missed the forecast of +50,000 and dropped from the previous 130,000.
• The unemployment rate held steady at 4.4%

📢 Cango Cuts Bitcoin Mining Capacity

Mining profits are tightening, and one major player is scaling back.

• Cango Inc. has shut down about 30% of its mining operations.
• The company’s hashrate has dropped to 34.55 EH/s after the reduction.
• The move comes as Bitcoin mining profitability continues to decline.

📢 Demand for software engineers has surged since mid-2025, even with rapid advances in AI, according to Citadel Securities.

📢 Mastercard Launches “Verifiable Intent” for AI Payments

Mastercard is introducing a new system designed to secure purchases made by AI.

• Mastercard developed “Verifiable Intent” in collaboration with Google.
• The system provides cryptographic proof that a user approved an AI-driven purchase.
• It acts as a new trust layer to make AI-based payments safer and verifiable.

📢 Hyperliquid generated the highest fees in the last 24 hours at $1.7M, with TRON coming next at $1M.

📢 BitMine Immersion Technologies and Strategy are sitting on roughly $8.4B and $7.5B in unrealized losses, respectively.

📢 Utexo Raises $7.5M to Bring Native $USDT Settlements to Bitcoin

A new funding round aims to expand stablecoin activity on the Bitcoin network.

• Utexo raised $7.5M in funding, with Tether leading the round.
• The project plans to enable native $USDT settlements on the Bitcoin network.
• The goal is to make stablecoin transactions on $BTC faster and more seamless.

📢 An Ethereum ICO wallet woke up after 10.6 years, moving 100.3 ETH. The original $124 investment is now worth around $835K.

📢 Bitcoin has turned positive for March.

📢 Tokenized euro assets have now exceeded $1 billion in total supply.

📢 Florida Senate Passes Stablecoin Regulation Bill🇺🇸

Florida is moving forward with rules for stablecoin issuers.

• The Florida Senate passed SB 314 with a 37–0 vote.
• The bill creates a regulatory framework for stablecoin issuers.
• The move aims to provide clear oversight for stablecoin operations in the state.

📢 Japan Pushes Back on Potential U.S. Tariffs🇯🇵

Japan is urging the United States to avoid trade measures that could hurt its exports.

• Japan asked the U.S. not to disadvantage Tokyo under upcoming tariff rules.
• Proposed measures could raise duties on some Japanese goods to as high as 15%.
• The request aims to protect trade ties and limit pressure on Japanese exports.

📢 Spot $BTC ETFs saw $348.9M in outflows, marking the largest withdrawal in weeks.

Fidelity led the outflows with $158.5M, followed by BlackRock at $143.5M.

📢 South Korea Moves to Restrict Dollar-Pegged Stablecoins for 🇰🇷

South Korean regulators are tightening the rules around corporate crypto trading.

• Authorities plan to exclude dollar-pegged stablecoins like $USDT and $USDC from new corporate crypto trading guidelines.
• The restriction will apply to companies participating in regulated crypto trading frameworks.
• Regulators say current foreign exchange laws do not recognize stablecoins as legal payment instruments.

📢 Global uncertainty has climbed to a record high this year, exceeding levels seen during Covid, the Global Financial Crisis, and the Dot-Com Bubble.

📢 Lookonchain reported that Ethereum co-founder Jeffrey Wilcke moved 79,176 $ETH (about $157M) to Kraken within the past hour.

📢 USDC has overtaken Tether in transfer volume as stablecoin transaction activity reaches a record $1.8T.

📢 There are more than 12 times as many ETH short positions as long positions.