Billionaire Justin Sun Says SEC Dropped Fraud Charges Against Him And The Tron Foundation: ‘The Future Is Bright’

Tron (CRYPTO: TRX) founder Justin Sun said Thursday the SEC has dismissed the claims it brought against him and his companies for fraud and market manipulation. 

Sun Says ‘Future Is Bright’

Sun stated in an X post that the resolution provides “closure,” and he will now prioritize “accelerating innovation” in the U.S. while collaborating with the SEC on cryptocurrency guidance and regulations.

“The future is bright,” the cryptocurrency billionaire said.

Sun’s Firm To Pay $10 Million In Penalty

In the final ruling from the U.S. District Court for the Southern District of New York, all charges against Sun, Tron Foundation Limited and BitTorrent Foundation Ltd. were dismissed….

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The Core Issue: Consensus Cleanup

Protocol developers often come across as more pessimistic about Bitcoin’s future than most Bitcoiners. Daily exposure to Bitcoin’s imperfections certainly shapes a sober perspective, and it’s important to reflect on what Bitcoin has achieved. Anyone in the world, no matter their race, age, gender, nationality, or any other arbitrary criterion, is able to store and transfer value on a neutral monetary network more robust now than ever. That said, Bitcoin does have issues that many Bitcoiners are not aware of, but could threaten its long-term prospects if not addressed properly. The vulnerabilities fixed by the Consensus Cleanup are one such example.

The Consensus Cleanup (BIP 541)…

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Solo Satoshi Launches Bitaxe Turbo Touch, An Open-Source Touchscreen Bitcoin Miner

A small Texas mining hardware company is releasing what it says is the most powerful open-source touchscreen bitcoin miner currently available to home users.

Houston-based Solo Satoshi announced the launch of the Bitaxe Turbo Touch, a compact device designed for hobbyists and home miners that delivers more than double the hashrate of other touchscreen miners in its category.

According to a note shared with Bitcoin Magazine, the unit produces about 2.15 terahashes per second (TH/s).

The product builds on the open-source Bitaxe GT 801 platform and is powered by dual BM1370 ASIC chips, the same chips used in the industrial-scale Bitmain Antminer S21 Pro. The chips allow the…

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Mike Selig Confirmed As A Bitcoin 2026 Speaker

Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission and one of the most consequential figures in American crypto regulation, has been officially confirmed as a speaker at Bitcoin 2026 — bringing the voice of Washington’s most Bitcoin-forward regulatory agency to the world’s largest Bitcoin conference in Las Vegas.

Confirmed by the U.S. Senate in December 2025 as the 16th Chairman of the CFTC, Selig began his career as a law clerk for then-CFTC Commissioner J. Christopher Giancarlo, before moving into private practice advising financial institutions, trading platforms, and digital asset developers on compliance with securities and commodities laws. He returned to…

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Bitcoin At $71,000, Ethereum, XRP, Dogecoin Reverse Gains

Bitcoin slipped to $71,000 on Thursday as geopolitical turmoil outweighed continued institutional ETF inflows.

Notable Statistics:

Coinglass data shows 95,833 traders were liquidated in the past 24 hours for $293.55 million.

SoSoValue data shows net inflows of $461.8 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $169.4 million.

In the past 24 hours, top gainers include Lombard, Humanity Protocol and Kite.

Notable Developments:

Trader Notes: Trade Altcoin Sherpa says Bitcoin’s current level offers a reasonable long entry based on technical analysis but warned that macroeconomic conditions could still pressure the market.

The setup remains…

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Crypto Legislation Stalls As White House, Banks Clash

Talks over landmark U.S. cryptocurrency legislation have hit a fresh impasse after major banks rejected a compromise brokered by the White House, casting uncertainty over whether the bill will pass this year. 

The stalemate has drawn criticism from President Donald Trump, who accused financial institutions of trying to undermine the effort.

Trump, whose family is well invested in digital assets and bitcoin, posted on Truth Social: “We are not going to allow them to undermine our powerful Crypto Agenda.” He added that banks “need to make a good deal with the Crypto Industry” to advance legislation that he says is in the public interest.

The stalled legislation, known…

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Robinhood Launches Platinum Card, Family Accounts — HOOD Falls 4% Anyway – Robinhood Markets (NASDAQ:HOOD)

Robinhood (NASDAQ:HOOD) has unveiled a $695 Platinum credit card, family accounts, and trust accounts at its “Take Flight” event, yet HOOD fell 4% as technical weakness overshadowed product announcements.

The Platinum Card Launch

Robinhood introduced the Platinum Card, an invite-only premium credit card offering up to 5x higher credit limits than the Gold Card. 

The annual fee is $695 with over $3,000 in annual value through benefits across dining, health, wellness, and travel.

Key benefits include 5% cash back on dining, $250 DoorDash discount, complimentary DashPass membership, Amazon One Medical membership, complimentary Function Health and ŌURA memberships, and $200 annual credit…

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Bitcoin Is Not ‘Structurally Flawed’—But Gold Is, Bitwise’s Matt Hougan Says

Bitwise Chief Investment Officer Matt Hougan challenged billionaire Chamath Palihapitiya‘s claim that Bitcoin (CRYPTO: BTC) is “structurally” flawed, pointing out that, in fact, that applies more to gold.

Bitcoin Or Gold: Which One Do Central Banks Prefer?

Palihapitiya had claimed Bitcoin is unsuitable for central bank reserves, arguing the real issue lies with gold’s physical nature.

Gold must either be stored with third-party custodians. Alternatively, it must be physically transported, which introduces security risks and logistical challenges.

Hougan pushed back, saying central banks don’t want to rely on such assets.

By contrast, Bitcoin can be digitally transferred globally,…

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$650B Moved On Solana In February as Stablecoin Activity Explodes

Solana (CRYPTO: SOL) is once again drawing attention across the crypto market, but this time the story is less about price swings and more about the sheer amount of capital moving through its network.

In February, Solana processed roughly $650 billion in stablecoin transaction volume, marking the largest monthly total ever recorded on the blockchain. The figure highlights a sharp increase in activity across decentralized finance, trading, and on chain payments, reinforcing the narrative that Solana’s ecosystem continues to expand even during periods of volatile price action.

The scale of that number is striking. To put it into perspective, $650 billion in a single month exceeds the annual…

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Bitcoin Surges 7%, But The March Rally May Just Be A Textbook Bull Trap

Bitcoin (CRYPTO: BTC) has surged 7% since the start of the month as macro analyst Benjamin Cowen warned this mirrors the “bull trap” pattern that preceded massive sell-offs in every prior midterm cycle.

The Midterm Bear Market Playbook

Bitcoin is trading roughly 15% below its $87,500 yearly open, hitting the exact mathematical target for an early March relief rally. 

Cowen argues Bitcoin’s 2026 price action identically mirrors the post-halving patterns of 2014, 2018, and 2022.

The structural pattern repeats across cycles: Bitcoin peaks in Q4 of the post-halving year (late 2025 this cycle). 

The asset grinds down to establish local lows in early and late February. This cycle, BTC…

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