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Coinbase leads crypto stocks higher after Trump signals support for digital asset market structure bill

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Coinbase leads crypto stocks higher after Trump signals support for digital asset market structure bill

Shares of Coinbase and other cryptocurrency companies surged Wednesday after President Donald Trump threw his weight behind the industry’s battle against U.S. banks over yield-bearing stablecoins — adding to momentum the firms were already feeling from bitcoin‘s bounce.

Coinbase was last up more than 12%. Other digital asset firms such as Strategy and Circle jumped 9% and nearly 6%, respectively. Meanwhile, shares of JPMorgan Chase and Bank of America fell less than 1%.

“The Genius Act is being threatened and undermined by the Banks, and that is unacceptable,” Trump said late Tuesday in his social media post. “They need to make a good deal with the Crypto Industry because that’s what’s in best interest of the American People.”

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Greenlighting firms to issue dollar-pegged digital tokens that offer interest-like returns has been a sticking point of the Clarity Act, a market structure bill for the crypto industry, in the U.S. Congress.

Crypto companies also got a boost as cryptocurrencies staged a comeback. Bitcoin and ether advanced 5% and 6% on Wednesday, respectively.

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Bitcoin Price News: BTC Volatility Drives Interest in Alts Like Pax Gold and DeepSnitch AI, Iranian Crypto Outflows Surge 700% After US-Israeli Airstrikes

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Bitcoin Price News: BTC Volatility Drives Interest in Alts Like Pax Gold and DeepSnitch AI, Iranian Crypto Outflows Surge 700% After US-Israeli Airstrikes

Reports indicate that crypto outflows of the Nobitex exchange in Iran increased by over 700% to over half a million dollars in minutes after US-Israeli airstrikes. The withdrawals reached over $3 million in an hour, indicating possible capital flight despite internet disruptions

Meanwhile, Bitcoin price news reveals that bulls have forced a rebound from the $63K region after a recent decline fueled by tensions in the Middle East. In other news, DeepSnitch AI (DSNT) has successfully captured market momentum, raising more than $1.84M in funding.

With its live AI tools and 100X projection, the project could be the best crypto investment for both traders and investors. Those who buy at the current price of $0.04228 could see 100X returns once the price skyrockets.

Iran sees massive spike in crypto outflows following military strikes

Per reports, Iran’s crypto outflows have increased following the recent US-Israeli airstrike. According to blockchain analytics company Elliptic, there has been a 700% increase in withdrawals of the largest Iranian exchange, Nobitex.

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The report added that over half a million dollars were withdrawn from the platform, and the figure reached almost $3 million in an hour. Elliptic also claimed that a large portion of the crypto was transferred to foreign exchanges.

This could be an indication of capital flight as uncertainty increased. Nevertheless, the outflows decreased as Iran started to block internet connections on a large scale.

Bitcoin price news: Two coins leading despite broader market volatility

1. DeepSnitch AI (DSNT): The 100X unicorn savvy investors are accumulating

DeepSnitch AI is an intelligence platform designed to give you a competitive edge in the 2026 market. By utilizing a network of five AI agents, the platform monitors real-time “alpha” signals, tracks whale movements, and identifies emerging trends before they hit the mainstream. Currently in Stage 6 of its presale, the price of the DSNT token has surged by 180% to a price of 0.04228.

Also, more than $1.84M has been raised from investors, signalling high trust. DeepSnitch AI’s recently launched live platform features a smooth, dark-themed interface that serves as a unified command center for its core tools.

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This dashboard organizes the ecosystem into six accessible areas: Feed, Scan for finding gems and detecting rug pulls, Cast, GPT for interactive research, Audit for instant contract safety verdicts, and Explorer.

According to the latest rumours in the market, DeepSnitch AI might launch on exchanges very soon. Those who join the presale now could be among the top gainers if the price skyrockets by 100X. The longer you wait, the less your profit margin, as prices are increasing very fast. So, you might want to take action now.

 

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2. Bitcoin price news

According to Bitcoin breaking news today, the BTC price has dropped to the $68K region. As of March 3, the Bitcoin price was trading at $68,714 with a gain of 6.9% on the weekly chart.

Bitcoin price news shows the flagship cryptocurrency has failed to reclaim the $70K region due to high volatility. Nevertheless, Rekt Fencer notes that those waiting for BTC to drop to $45-$55K will be disappointed.

He forecasts that the Bitcoin price might “go much harder,” soaring past $125K in the coming months. For now, Bitcoin price news shows that BTC is consolidating below $70K.

3. Pax Gold price prediction

Pax Gold is one of the top altcoins gaining attention in the market right now as more users switch towards gold and gold-backed assets. Pax Gold capitalized on the high interest, rising to a peak of $5,532.

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However, the Pax Gold price retraced to $5,101 on March 3, likely due to an increase in selling pressure. Still, the Pax Gold price might revisit the level in the coming days if market sentiment improves. The price of Pax Gold might soar to $8,997 in the coming months.

The bottom line

In summary, the Bitcoin price news reveals that bulls are holding well despite the ongoing volatility in the market. Also, DeepSnitch AI is gaining more ground in the crypto space, raising more than $1.84M in funding.

Many traders who have seen the massive boom in the AI sector below AI-based projects like DeepSnitch AI might spark the 2026 bull run. As a result, they are piling into DeepSnitch AI and buying millions of coins.

DeepSnitch AI is currently priced at $0.04228 and is expected to skyrocket by 100X very soon. The best decision might be to get in now and use the bonus codes to get more DSNT coins, as prices could skyrocket anytime from now.

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Visit the official website for more information, and join X and Telegram for community updates.

FAQs

1. Is Bitcoin expected to rise in price?

Bitcoin price news shows it has been consolidating below $70K. Nevertheless, BTC market headlines reveal that Rekt Fencer believes the flagship cryptocurrency might soar past $125K soon. This is an increase of 83% from the current price. Meanwhile, DeepSnitch AI could give higher returns of over 100X based on its presale growth, low market cap, and clear utility.

2. What is the latest Bitcoin price news?

According to Bitcoin breaking news today, the BTC price has stabilized at above $68K following a drop to $63K. In other news, DeepSnitch AI is in the sixth round of its crypto presale. It has already raised more than $1.84M, which is an indicator that investors have confidence in its potential.

3. Why is the Bitcoin price dropping?

The sudden drop in Bitcoin’s price can be explained by macro-driven BTC moves, as traders react to geopolitical tensions in the Middle East. Given this bearish scenario, savvy investors are moving to DeepSnitch AI. This presale unicorn is expected to rise by 100X soon, which makes it a good crypto investment.

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Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

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Bitcoin Surges Above $73,000 as Global Markets Rebound

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BTC Chart

Bitcoin ETFs have attracted nearly $1.5 billion in inflows since last week.

Crypto markets rallied sharply on Wednesday as global markets bounced back despite the ongoing conflict in the Middle East. Stocks and precious metals gained while oil and natural gas dipped slightly.

Bitcoin (BTC) is trading at around $73,500, up 8% over the past 24 hours and marking a four-week high for the world’s largest cryptocurrency. Meanwhile, ETH and SOL surged 9% to about $2,140 and $91, respectively, and BNB is up 4% on the day.

BTC Chart
BTC Chart

The overall crypto market capitalization climbed nearly 6% to $2.54 trillion, according to Coingecko.

Investor sentiment is being buoyed by upbeat U.S. economic data. Earlier today, ADP reported that the private sector added more jobs than expected in February. Additionally, the ISM services index rose to 56.1 in February, indicating that the non-manufacturing sector remains resilient. The S&P 500 and the Nasdaq gained around 1% and 1.8%, respectively, while gold and silver posted modest gains.

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Almost all of the Top 100 digital assets posted gains over the last 24 hours.

Top gainers include Dogecoin (DOGE), SKY, and Ethereum (ETH), which rallied 14%, 10%, and 9%, respectively.

Near Protocol (NEAR) is today’s biggest loser, falling 5%.

Around 129,000 leveraged traders were liquidated for $530 million in the past 24 hours, according to CoinGlass. Bitcoin accounted for $293 million, while ETH positions made up $126 million. Notably, more than 80% of liquidations involved short positions.

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Bitcoin exchange-traded funds (ETFs) recorded $225 million in inflows on Tuesday, marking a second day of gains. This brings inflows to nearly $1.5 billion since last week.

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Foundation wants the network to be the trust layer for AI

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‘We need to prepare’ for quantum computing

As artificial intelligence reshapes everything from finance to cybersecurity, the Ethereum Foundation (EF) is carving out a strategy for how the world’s second-largest blockchain fits into that future.

Instead of trying to fuse blockchains and AI at the level of raw computation — something Ethereum was never designed to handle — the EF sees the network playing a different role: acting as a coordination and verification layer in an increasingly AI-mediated world.

Davide Crapis, the AI lead at the EF, argues that the motivation is as philosophical as it is technical. More and more digital activity is being handled by AI systems, whether it’s answering questions, executing trades, screening applications or writing software. If those systems are controlled by centralized entities, the values that underpin much of the crypto movement — decentralization, self-sovereignty, censorship resistance and privacy — could erode.

“If AI doesn’t have the properties we care about — self-sovereignty, censorship resistance, privacy — and then we use AI for everything, basically no one has those properties anymore,” he said to CoinDesk in an interview at NEARCON 2026.

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In that sense, Ethereum’s AI push is less about competing with OpenAI or Google on model size and more about ensuring that as AI becomes the interface to the internet, it doesn’t quietly recentralize power.

The EF’s strategy rests on two broad fronts. The first is what Crapis calls decentralized AI coordination. As autonomous AI agents — software programs capable of carrying out tasks on their own — become more common, they will need ways to identify themselves, build trust and exchange payments. Ethereum, he argues, is well-suited to provide that infrastructure.

“Ethereum functions as a public, governance-less verification layer for AI,” he said.

In practical terms, that means the heavy computing work of AI remains off-chain, on traditional servers. But Ethereum can help agents discover one another through public registries, assess reputation through transparent histories, route payments and anchor cryptographic proofs that verify outcomes. Crapis likens it to a decentralized version of Google Reviews combined with payment rails.

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The EF has been involved in developing standards to formalize this ecosystem, including a protocol for agent identity and trust, known as ERC-8004. According to Crapis, these standards are gaining traction beyond Ethereum, signaling that the coordination layer for AI agents may become blockchain-based even if the AI itself is not.

The second focus area centers on bringing Ethereum’s core principles — such as privacy, openness, censorship resistance, and security — into the world of AI. Crapis refers to this effort internally as “Props AI,” shorthand for the values the Ethereum ecosystem has historically prioritized.

Privacy is a major part of that conversation. Interacting with centralized AI services can gradually generate detailed user profiles based on queries, usage patterns and behavior.

From Ethereum’s perspective, the challenge is to design AI systems that allow users to retain greater control over their data and identity. One approach is to encourage more AI processing to occur locally on users’ devices whenever possible, reducing the amount of information that needs to be sent to centralized servers.

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The broader goal is to ensure that as AI becomes embedded in everyday digital interactions, individuals still retain meaningful control over their data and how it is used, rather than handing that power entirely to large platforms.

“We want to create a world where users retain as much data and power as possible,” Crapis said. “We just don’t give it to operators.”

Security concerns also underpin the strategy. As AI systems grow more capable, they are likely to automate and scale cyberattacks in ways that strain existing defenses. Crapis predicts a near future in which AI systems can convincingly impersonate humans, undermining traditional authentication methods.

“We will probably see hacks orchestrated by AI,” he said. “The old security models break when AI can impersonate a human.”

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In that environment, cryptographic keys may become more important. Control of a private key is mathematically verifiable and does not depend on human judgment. Crapis frames Ethereum’s long-term role in stark terms.

“In a world where AI is in the wild, we want Ethereum to be the place with the big lock,” he said. “If I have the keys, I still have power.”

Crapis described the AI initiative that the EF is doing as one of several major priorities rather than the dominant one. Still, the move reflects a growing recognition within the crypto industry that AI will shape the next phase of the internet. If that future is mediated by intelligent agents rather than human clicks, the question becomes who controls the rails those agents run on.

Ethereum’s bet is that even if it doesn’t power the brains of AI, it can help govern the environment in which those brains operate, anchoring identity, coordinating payments and preserving user control.

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Read more: Ethereum Foundation Starts New AI Team to Support Agentic Payments

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Backpack Teams Up with Superstate to Offer On-Chain IPO Access

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Backpack Teams Up with Superstate to Offer On-Chain IPO Access

The move expands Backpack’s existing partnership with Robert Leshner’s tokenization firm.

Centralized exchange (CEX) and wallet app Backpack announced today, March 4, that it will offer early access to initial public offerings on-chain in partnership with Superstate.

Currently, Backpack is offering users access to a waitlist for the new offering. The exchange — which was founded by former employees of the now defunct FTX and Alameda — said in its announcement that it’s providing access to IPO shares “prior to open market trading.”

The IPO shares will be available on the Solana blockchain and give traders direct ownership of equity, the firm noted in its announcement.

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The move expands on Backpack’s existing partnership with Superstate, the tokenization firm founded by Compound co-founder Robert Leshner. The two firms previously announced that Backpack had integrated Superstate’s on-chain equity platform Opening Bell to let the CEX’s users trade on-chain versions of U.S. Securities and Exchange Commission (SEC)-registered stocks, as The Defiant reported.

Superstate first announced back in December that it will let companies issue new shares directly on-chain, on both Ethereum and Solana.

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The Giving Block Reports Stablecoin Donations are on the Rise

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Cryptocurrencies, Donations, Charity, Stablecoin

The cryptocurrency fundraising platform Giving Block reported that it had seen a surge in donations with stablecoins in 2025 compared with previous years.

In its annual report released on Wednesday, the Giving Block said there had been a “major shift” in donations using stablecoins, particularly with Ripple USD (RLUSD) and Circle’s USDC (USDC). The platform reported that it had facilitated more than $100 million in crypto donations in 2025, with more than $32 million coming through USDC, RLUSD, Tether’s USDt (USDT), Dai (DAI), and other stablecoins.

“The trend is clear: stablecoins are no longer a side story in Crypto Philanthropy—they’re becoming one of its fastest-growing channels,” said the report.

Cryptocurrencies, Donations, Charity, Stablecoin
Source: The Giving Block

Notably, however, it was that $25 million in RLUSD may have come directly from Ripple Labs, which pledged the funds to the nonprofit organizations DonorsChoose and Teach For America in May. The Giving Block projected in its 2025 annual report that it could see up to $2.5 billion in total crypto donations.

Related: Spanish Red Cross launches privacy-first blockchain aid platform

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Givepact, another crypto donation platform, reported in July that stablecoins had “rapidly become the top donated asset in crypto philanthropy,” citing data from the Giving Block. The platform said that the payment stablecoin bill signed into law in the US in 2025 elevated the assets to “cash-equivalent” status, which “eliminates lingering concerns about issuer solvency, particularly for nonprofits relying on predictable donation value.”

“Even during bear markets, donors are willing to give in stablecoins — helping nonprofits avoid volatility and process donations faster,” said Givepact. “With the GENIUS Act now in place, this trend is accelerating. Stablecoins are no longer just convenient — they’re federally recognized and institutionally trusted.”

Stablecoin yield under scrutiny in US market structure bill

As the US Senate considers legislation to establish comprehensive market structure for digital assets, the issue of stablecoin rewards has divided many industry leaders and lawmakers. The Senate Banking Committee has not yet rescheduled a markup to address the bill after a January postponement, while the White House has had three meetings with industry leaders to discuss how the government might handle stablecoin yield.

On Tuesday, US President Donald Trump took to social media to urge banks not to hold market structure “hostage” over digital assets. Many crypto companies and interest groups oppose a ban on stablecoin rewards in the bill, whose text has yet to be finalized before a potential vote in the full Senate.

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Magazine: Bitcoin may face hard fork over any attempt to freeze Satoshi’s coins