$1M – $10M MarketCap:

1. YOUR AI (YOURAI): 249%
2. Walken (WLKN): 35%
3. Ideaology (IDEA): 19%
4. UBXS (UBXS): 18%
5. BoringDAO (BORING): 16%

$10M – $100M MarketCap:

1. Affyn (FYN): 46%
2. Credefi (CREDI): 46%
3. Propbase (PROPS): 45%
4. Swarm Markets (SMT): 32%
5. pSTAKE Finance (PSTAKE): 32%

$100M – $1B MarketCap:

1. MNet Continuum (NUUM): 50%
2. BOOK OF MEME (BOME): 40%
3. DAO Maker (DAO): 37%
4. AllianceBlock Nexera (NXRA): 34%
5. WEN ($WEN): 29%

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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Estonia has passed a bill demanding higher standards from digital asset service providers, marking a significant step in crypto regulation. The law, effective from March 20, aims to boost the industry’s reliability by introducing rigorous legal requirements. Estonia, a hub for crypto services, will now see these companies undergoing financial oversight akin to banks, a first in its regulatory landscape. The shift comes as the Financial Intelligence Unit trims the number of crypto businesses to about 50 from a previous high, citing the need for secure client asset management. Starting in 2026, the Financial Supervision Authority will oversee these providers, enforcing stricter operational standards and hefty fines up to €5 million for non-compliance. This move, prompted by cyber thefts and failures within the sector, seeks to protect investors and stabilize the market. Providers must secure new regulatory licenses by 2025, transitioning from the current framework to ensure enhanced security and investor protection.

Report

The Stratum Reference Implementation (SRI) team has unveiled SRI 1.0.0, a new milestone in their journey to decentralize and optimize bitcoin mining, according to a press release sent to Bitcoin Magazine. This latest release is now available for immediate testing and seamless integration.

Some key highlights of SRI 1.0.0 include:

Miners can connect to SV2 pools without upgrading existing SV1 firmware through Translation Proxy or directly using an SV2 firmware device like BraiinsOS.Miners have the flexibility to run their bitcoin nodes, construct templates, and declare them to the SV2 Pool.The implementation of pool fallback functionality ensures continuity in mining activities even if a… Read more on BitcoinMagazine

The Solana network has become this year’s standout in the blockchain world, CoinGecko Research reveals. Capturing 49.3% of global crypto investor interest, Solana’s popularity skyrockets, mainly driven by its price rally and the success of ecosystem projects like Pyth and memecoins such as dogwifhat. On Monday alone, the Solana blockchain saw transactions worth $11 billion, largely fueled by a variety of smaller tokens, especially memecoins.

Decentralized exchanges (DEXs) on Solana, including Jupiter and Raydium, have been bustling with activity, taking market share from Ethereum’s Uniswap. Notably, memecoins like Bonk and Slerf have been at the center of this surge, with Slerf’s market cap hitting over $500 million in just hours. This frenzy is supported by automated market makers such as Raydium and Jupiter, making it easy to create new liquidity pools. As a result, Solana’s onchain volumes and network fees have reached new peaks, with transaction fees hitting $5.08 million on Monday, marking a record for the network.

CoinGecko Research

The Australian Securities and Investments Commission (ASIC) is set to release a series of regulatory reforms targeting the cryptocurrency sector. ASIC Commissioner Alan Kirkland revealed this strategic move during Blockchain APAC’s Policy Week. Kirkland emphasized the importance of addressing the “regulatory trilemma,” which involves balancing consumer protection, market integrity, and financial innovation. The reforms aim to establish a trustworthy environment for crypto and decentralized finance by improving regulation and oversight.

Since 2016, ASIC has offered guidance to over 900 entities, showcasing its commitment to fostering responsible financial innovation. The upcoming regulatory changes are expected to introduce clear rules for maintaining market integrity and protecting consumers and investors. Additionally, the ASIC is exploring the regulation of tokenized financial products and assets through existing frameworks and a new digital asset platform proposal.

In related news, the Department of the Treasury proposed new licensing requirements for crypto exchanges in October 2023. Exchanges managing significant assets must obtain a financial services license from ASIC. This move has sparked mixed reactions within the crypto community, with the Treasury seeking feedback to fine-tune the proposed regulations.

Twitter

Bernstein, a leading research and brokerage firm, has notably increased its year-end prediction for Bitcoin, adjusting the target from $80,000 to an impressive $90,000. This adjustment comes in light of positive changes in market dynamics, signaling a bullish outlook for the cryptocurrency.

Looking ahead, Bernstein analysts project Bitcoin could soar to $150,000 in the 2024-2025 cycle. They anticipate the forthcoming Bitcoin halving, slated for April 20, to exert a lesser impact on mining activities than prior events, largely due to favorable market conditions including significant ETF inflows and high network transaction fees.

Moreover, the analysis predicts a lesser decline in the network’s hashrate post-halving, estimating only a 7% reduction compared to the previous forecasts of 15-20%. Efficient miners, especially CleanSpark and Riot Platforms, are expected to gain significant market share and emerge as leaders in the space, benefiting from their low-cost operations.

Bernstein has given a positive outlook on investing in Bitcoin miners as a proxy for the cryptocurrency, highlighting the significant role of the top U.S. miners in the market. With a bullish view on the sector, Bernstein’s updated price targets reflect a confident stance on Bitcoin’s future growth.

Bernstein 

BIGCAP COINS:

1. Bitcoin: Market Cap of $1.3 Trillion.
2. Solana: Market Cap of $82.1 Billion.
3. Pepe: Market Cap of $3.4 Billion.

MIDCAP COINS:

1. BOOK OF MEME: Market Cap of $754 Million.
2. Ribbon Finance: Market Cap of $749 Million.
3. FLOKI: Market Cap of $2.1 Billion.

RISING COINS:

1. YOUR AI: Market Cap of $6.8 Million.
2. Grok: Market Cap of $95.7 Million.
3. MAGA: Market Cap of $244 Million.

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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