📢 Coinbase Criticizes New U.S. Crypto Tax Rules 🇺🇸

The exchange is pushing back on new reporting requirements.

• Says platforms may have to report stablecoin transfers and small gas fees to the IRS
• Argues assets like $USDC usually don’t change value, making the reporting excessive
• Coinbase says tax rules should focus on actual taxable income, not every small on-chain transaction

📢 A U.S. judge has dismissed a lawsuit claiming Binance supported terrorism, ruling that the plaintiffs did not provide sufficient evidence linking the exchange directly to the attacks.

📢 U.S. lawmakers are moving to permanently prohibit the creation of a Central Bank Digital Currency.

📢 SAYLOR: "The Second Century Begins."

Another weekly buy hopefully.

📢 Over the past 24 hours, $153M in long positions have been liquidated.

📢 Overall, $BTC, $ETH, and $SOL are consolidating at multi-week lows with firm supports in play, hinting at accumulation ahead of a potential March turnaround if $BTC regains momentum.

Top Gainers

OKB OKB
Pi Network PI
WhiteBIT Coin WBT
Toncoin TON
Sky SKY
Morpho MORPHO

Top Losers

POL (ex-MATIC) POL
Cardano ADA
Pepe PEPE
Zcash ZEC
World Liberty Financial WLFI
Canton CC

📢 U.S. stock market futures wiped out over $2 trillion in value, while oil prices jumped 25% in a single day.

📢 OpenAI Hardware Leader Resigns Over Pentagon AI Deal

A key executive at OpenAI has stepped down amid concerns about military involvement in AI.

• Caitlin Kalinowski, OpenAI’s hardware lead, has resigned from the company.
• Her departure reportedly relates to concerns about OpenAI’s AI partnership with the Pentagon.
• The situation highlights growing debate around AI development and military use.

📢 The Coinbase Bitcoin Premium Index has turned positive just six times since December 15, with four of those instances (66%) happening in the last two weeks.

📢 The stablecoin market cap has reached a new all-time high of $313B.

📢 Researchers report that an experimental AI agent tried to run unauthorized crypto mining during training, redirecting GPU resources and opening a reverse SSH tunnel to an external server.

📢 Analyst Willy Woo says a short-term Bitcoin rally could be a bull trap, noting the market is still within a broader bear cycle.

📢 The U.S. Treasury Department acknowledged that crypto mixers can serve legitimate privacy purposes on public blockchains.

📢 President Donald Trump said the recent rise in oil prices is a “small price to pay,” adding that prices should fall once the threat from Iran’s nuclear program is eliminated.

📢 More than $1.1B in long positions have been liquidated over the past 7 days.

📢 About 36.8B $XRP are currently below their cost basis, with unrealized losses totaling roughly $50.8B, according to Glassnode.

📢 Starcloud Plans First Bitcoin Mining Mission in Space

A new project backed by Nvidia is looking to take $BTC mining beyond Earth.

• Starcloud CEO says Starcloud-2 could become the first system to mine Bitcoin in space.
• The idea comes as Earth-based mining already consumes about 20GW of power.
• The company argues space infrastructure could become a future solution for large-scale $BTC mining.