Presented by

OVERVIEW

Crypto Rediscovers What Green Candles Look Like 👀

Before we dive in, here’s today’s crypto market heatmap:

Source: Santiment

And here’s a look at crypto’s total market and altcoin market cap charts:

Source: TradingView

NEWS IN THREE SENTENCES
Crypto News 📰

🔓 Keys Are Overrated—Users Just Want Access

Civic says the next billion crypto users won’t care about seed phrases or BIP39. They’ll want passkeys, biometrics, or something that’s recoverable. Let’s face it: normal people hate the idea of losing a random string of words and losing their entire net worth. Civic.

🔥 Binance Founder Teases Minor Stake Sale

CZ, fresh out of a legal settlement and down a few billion in fines (but somehow still worth 70 big ones), says Binance might let top investors buy a “single-digit percentage” stake. He insists “it’s not for sale” overall, but letting a few more bigwigs in might quell concerns about its cloistered ownership. TheStreet.

🔮 Forkast Prediction Markets Launch On Ronin

Community Gaming’s new “Forkast” prediction dApp is giving you a chance to bet USDC on esports and internet culture outcomes. Win, and you earn $CGX tokens. They’re also launching $CGX on Katana, so now you can stake that sweet alpha to get loot boxes. If your crystal ball is good, you might collect a fat stack of tokens—just watch out for fellow degens outpredicting you. Ronin.

📝 .ip Domains + Story’s Onchain IP

A “.ip” domain can now tie your identity to the intellectual property you register on Story, a purpose-built chain for tokenizing “IP” (AI training data, patents, music, etc.). They’re basically bridging the gap between “I had this idea” and “That’s legally mine onchain.” Put your name or brand on it, and the chain can handle licensing or royalty splits, so you’re not chasing lawyers in circles. Space ID.

⚖️ SEC’s New Cyber Unit Targets AI & Crypto Fraud

In the newly minted “Cyber and Emerging Technologies Unit,” 30 attorneys now plan to bust the next wave of AI, blockchain, and crypto hucksters. They claim it’s not about labeling all tokens as securities—apparently, that’s the job of a different SEC faction. Alos, William Hinman is joining Trump’s shiny new Crypto Advisory Board, and Hester Peirce runs a “Crypto Task Force” aiming to dial down the old days of “enforcement first, think later.” TheBlock.

SPONSORED
Floki Trading Bot is the Ultimate Telegram Based Multi-chain Trading Bot

The Floki Trading Bot is a multi-chain, Telegram-based trading tool designed to simplify cryptocurrency trading across multiple blockchains.

The Floki Trading Bot boasts an intuitive interface that allows users to buy and sell cryptocurrencies seamlessly and efficiently. The Floki trading bot is the ultimate gateway to quick, safe, and hassle-free crypto transactions by providing Speed and Efficiency, User-Friendly Interface, Rock-Solid Security, Trusted Collaborations and the opportunity to Earn Rewards as you trade.

Buy and manage tokens instantly without ever leaving Telegram. Experience trading like never before with lightning-fast transactions. No more complex steps. Our bot is designed with simplicity in mind, allowing you to trade with just a few taps, whether you’re a beginner or a pro. User assets’ security is our top priority. With advanced encryption and rigorous security protocols, trade with peace of mind knowing your tokens are safe.

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here. 

TECHNICAL ANALYSIS
Charts Positioned For Big Moves 🔼 

Avalanche

AVAXUSD Daily Chart – Click to enlarge.

A very, very fast move to the Kijun-Sen at $29.78 is likely if the DPO closes above the zero line.

Band Protocol

BANDUSD Daily Chart – Click to enlarge.

A close above the Kijun-Sen could give bulls a false sense of hope. Because the Chikou Span responds to the same support and resistance levels as price, things might not seem more clear and bullish until it closes above the candlesticks. 

Internet Computer Protocol

ICPUSD Daily Chart – Click to enlarge.

I just noticed something on ICP’s chart that I never noticed before: on February 3, it made a new 14 month low buy falling back to a price level not visited since mid-December 2023.

But maybe some life might come back into this crypto. It’s currently above the Tenkan-Sen – but the two technical conditions I’m really watching is the DPO closing above the zero line and the Composite Index closing above the fast moving average.

If both of of those happen, it doesn’t guarantee a big move higher – but’s there’s a very high probability of it happening.

Pendle

PENDLEUSD Weekly & Daily Charts – Click to enlarge.

Pendle has a metric crap ton of signals screaming that a move higher is incoming. The fact there’s hidden bullish divergence across the weekly and daily charts could be a major, major leading indicator of some massive movements soon. But confirmation is always needed.

Hurry up and wait. 🙄 

NEWS
Microsoft’s Majorana 1 Chip: Crypto Is Scared And Giddy At The Same Time 😐️ 

Microsoft unveiled its Majorana 1 chip, which encodes quantum data in topological qubits (qubits store info like a tricky knot in a shoelace—hard to untangle, hard to mess up).

Qubits are designed to reduce errors by storing information in sneaky “untouchable” spots. That’s a big leap in quantum hardware. But it’s still a tiny eight-qubit baby, a long way from the millions needed to bulldoze Bitcoin’s cryptography.

Bitcoin Is Still Safe From Quantum Computing

A standard computer can’t solve Bitcoin’s elliptical curve math in any practical amount of time. Quantum machines, using algorithms like Shor’s, might do it once they pack enough qubits. Experts estimate we’d need a system with millions of qubits to threaten Bitcoin. Nobody’s close to that right now.

Shor’s algorithm works like this: imagine you have a big pile of LEGO bricks, and I ask you to find the two exact ones that multiply to make a giant tower. A normal computer would try every combo one by one, which takes forever. Shor’s algorithm is like having a magic that finds the right pieces almost instantly. 🪄 

Risks and Worries

• Cracking Cryptographic Locks: Powerful quantum machines could brute-force Bitcoin’s elliptic curve keys, letting attackers swipe funds.

• Exposed Addresses: Anyone who reused a public key might feel the burn first.

• Migration Mayhem: A full network switch to quantum-safe cryptography would be time-consuming, with a side of mass confusion.

Bottom Line

Yes, quantum computing is an inevitable wave of tech. Microsoft’s new chip marks progress, but with only eight qubits, it’s nowhere near reversing Bitcoin’s math. 🧛 

NEWS IN THREE SENTENCES
Metaverse, NFT, & Gaming News 🎮️

🎮 Sui: Web3 Gaming For Everyone

Sui says blockchains aren’t just about minting NFTs—there’s a whole gaming world out there. Some devs only want NFT ownership, others want in-game data onchain, and the hardest-core folks want everything, including your turn-based moves, fully onchain. Sui claims it can handle it all without meltdown. Sui.

🎶 Decentraland’s Music Talent Trail

Decentraland’s doubling down on music events: they’ll pay five selected venues $700 in MANA to host a 45-minute live show on March 20. No top-40 lip syncers here—any indie, rap, or punk band is fair game. If you’ve got a built-out venue in Decentraland’s Genesis City (not a “World” instance), apply now and jam out for the masses. Decentraland.

⚽ Chiliz Adds Fan Token Staking on Socios

Chiliz’s Socios.com platform now lets you stake your fan tokens for daily reward points. Think of it like a savings account for your football (soccer) mania. Unstake whenever, but there’s a seven-day cooldown. The goal (pun intended) is to make Fan Tokens more than just a random digital collectible—now you can actually get some recurring benefits. Chiliz.

NEWS IN THREE SENTENCES
DeFi, DEX, and Lending Protocol News 🏦

🤖 Mantle Network’s “Funny Money” DeFAI Hub

Mantle launched “Funny Money,” an AI-driven DeFi platform that merges meme culture with algorithmic trading. They’re dropping a million MNT reward pool for a big trading competition. The idea is to show that AI + DeFi = more fun, more money, or at least more hype. Mantle.

🚀 Bancor’s Carbon DeFi Surpasses $30M Volume On Celo

Bancor’s DEX, Carbon DeFi, blasted to $30M on Celo. They’re bragging about “auto-compounding concentrated liquidity,” hooking up tokens like USDC/CELO with custom fee tiers. Also, they have that Arb Fast Lane aggregator that hunts the best chain-wide deals for you. The short version: they’re capturing volume with dynamic liquidity, hopefully paying you more yield. Bancor.

LINKS
Links That Don’t Suck 🔗

📅 dYdX foundation CEO Charles d’Haussy, forecasts DeFi boom to start in September

🖼️ NFTs are dead? Don’t tell NFT Paris

💵 Strategy announces $2B in convertible notes to buy more Bitcoin

📉 Pi Network’s open mainnet launch causes short-lived rally for token before price crashes over 50%

Get In Touch 📬

Follow our social channels for great, real-time content on Stocktwits and Twitter. And check out our YouTube channel for in-depth video content! 📲

Email me (Jonathan Morgan) your feedback; I’d love to hear from you. 📧

Want to sponsor this newsletter and reach hundreds of thousands of crypto enthusiasts? Reach us here. 👍

Terms & Conditions 📝

Securities Disclaimer: STOCKTWITS IS NOT A TAX ADVISOR, BROKER, FINANCIAL ADVISOR OR INVESTMENT ADVISOR. THE SERVICE IS NOT INTENDED TO PROVIDE TAX, LEGAL, FINANCIAL OR INVESTMENT ADVICE, AND NOTHING ON THE SERVICE SHOULD BE CONSTRUED AS AN OFFER TO SELL, A SOLICITATION OF AN OFFER TO BUY, OR A RECOMMENDATION FOR ANY SECURITY. Trading in such securities can result in immediate and substantial losses of the capital invested. You should only invest risk capital, and not capital required for other purposes. You alone are solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. You should also consult an attorney or tax professional regarding your specific legal or tax situation. The Content is to be used for informational and entertainment purposes only and the Service does not provide investment advice for any individual. Stocktwits, its affiliates and partners specifically disclaim any and all liability or loss arising out of any action taken in reliance on Content, including but not limited to market value or other loss on the sale or purchase of any company, property, product, service, security, instrument, or any other matter. You understand that an investment in any security is subject to a number of risks, and that discussions of any security published on the Service will not contain a list or description of relevant risk factors. In addition, please note that some of the stocks about which Content is published on the Service have a low market capitalization and/or insufficient public float. Such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information. Read the full terms & conditions here. 🔍

Author Disclosure: The author of this newsletter holds positions in ADA, LTC, IMX, WMT, COPI, MIN, AGIX, ALGO, DOGE, ZEC, AVAX, XLM, XTZ, and NEAR. 📋