Vancouver staff concluded that the municipal charter prohibits holding Bitcoin as a reserve asset, stemming from laws governing city investments. This recommendation was part of a broader review of council motions.
Pete Fry, the only council member opposing the closure, was surprised to see the proposal referenced, believing it was already outdated. This reflects the ongoing legal restrictions hindering Vancouver’s Bitcoin initiatives.
On March 6, it was reported that the Winklevoss brothers transferred 1,750 BTC to their Gemini wallet. In 2014, they held 108,000 BTC, which was close to 1% of the total Bitcoin supply. Now, their holdings stand at 8,757 BTC.
Data shows that 88% of all loan activity across blockchain networks settles on Ethereum, cementing its position as the leading platform for decentralized lending. The dominance reflects Ethereum’s established DeFi infrastructure, liquidity depth, and user adoption in the lending sector.
Xaman’s architecture maintains non-custodial control over XRP deposits while protecting against volatility. In a recent X Space discussion, developers explained the technical mechanisms that enable users to retain direct custody of their funds throughout the deposit process, even during market fluctuations.
MANTRA Chain announced the launch of MANTRA/USDT trading pair on a major exchange, marking the completion of its token redenomination from OM. The new trading pair became available at 8:00 UTC, allowing holders to trade the redenominated token under its new ticker symbol.
The Central Bank of Russia intends to create a legal infrastructure for cryptocurrency trading, allowing commercial banks and brokers to legally obtain trading licenses. This is part of a strategy to regulate the flow of digital assets.
Banks will use existing anti-money laundering systems to monitor transactions. Their exposure to cryptocurrencies will be limited to 1% of their total capital, ensuring a controlled market environment.
The Cybersecurity sector is experiencing a downturn with market cap falling 13.6% while trading volume declined 11.4%. The sector currently holds a market cap of $0.1B across 27 tokens, signaling reduced investor interest in this category.
Five coins have sustained trending positions on CoinGecko over the past 24 hours: WAR, Bitcoin (BTC), Pi Network (PI), Opinion (OPN), and OKB (OKB). Bitcoin maintains its rank as the most dominant asset with consistent attention, while WAR, Pi Network, Opinion, and OKB continue to draw market interest. Sustained presence on trending lists typically reflects growing community attention and trading volume across these assets.
Social media activity around stablecoins is picking up momentum, with trending discussions gaining visibility across platforms. The surge in mentions reflects growing community interest in stablecoin-related topics, driven by keyword activity scoring 712 on social sentiment tracking.
Social media activity around AI and machine learning is picking up steam across crypto communities. The narrative is drawing increased engagement, with combined social signals reaching 843 in recent tracking data. This reflects broader interest in how artificial intelligence intersects with blockchain and crypto infrastructure.