Dubai's Virtual Asset Regulatory Authority has issued cease and desist orders to KuCoin and MEXC after stating the exchanges may have offered virtual asset services to local residents without required authorization. The regulator stressed that neither platform holds a license to provide crypto services in or from Dubai and warned users about the financial and legal risks of dealing with unlicensed firms.

Bitcoin’s price retreated from an earlier high of $74,000 this week to trade around $68,000, marking a 4% decline over the past 24 hours. The drop followed a weaker-than-expected US jobs report showing a loss of 92,000 jobs and a 4.4% unemployment rate in February, alongside new threats from President Trump directed at Iran and Cuba. In contrast to BTC’s pullback, US oil prices surged above $92 per barrel to their highest level since September 2023 after Trump’s latest comments.

In a briefing on interest rates, Kazakhstan's central bank governor Timur Suleimanov said the bank is developing a portfolio of up to $350 million that may be funded by reallocating gold and foreign exchange reserves. The plan now includes not only direct cryptocurrency exposure but also shares of high-tech firms tied to digital assets, index funds and similar instruments, with investments expected to start in April-May.

Pi Network's native token PI rebounded from a February 11 low of $0.1312 to reclaim levels above $0.20, lifting its market capitalization to more than $1.9 billion. The move comes ahead of a March 12 deadline for all Mainnet Nodes to complete ongoing protocol upgrades, following the recent v19.9 update and work toward v20.2.

Since late 2024, XRP has swung from about $0.60 to a new all-time high of $3.65 in July 2025 before dropping to a 15‑month low of $1.11 on February 5. Three major AI chatbots now see solid support around $1.10–$1.15 and $1.30–$1.35, with varying odds that the bottom is in and potential upside scenarios ranging toward the $2.00–$3.30 area if market conditions improve.

Bitcoin climbed past the $70,000 resistance and recorded a monthly high at $74,000, extending an $11,000 rebound from a recent Saturday low linked to tensions involving the US, Israel, and Iran. Analysts highlight renewed spot ETF inflows, post-holiday activity in China, and strong whale buying as drivers, and now focus on light supply between $72,000 and $81,000 with major resistance projected around $83,307 and $84,569.

Bitcoin climbed to a new monthly high above $73,000 after initially dropping to $63,000 when USA and Israel launched a military operation against Iran on Saturday. The price has since recovered more than $10,000, with analysts pointing to aggressive whale buying and a strong breakout, while warning that a fall below roughly $71,500–$72,000 could signal renewed weakness.

Pi Network co-founder Dr. Nicolas Kokkalis has detailed recent progress on the project's in-house KYC solution and its planned evolution into a standalone service for Web3 and traditional businesses. He highlighted the system's global coverage, integrated sanctions and compliance checks, and hybrid AI-plus-human verification model. Kokkalis added that upcoming enhancements like fingerprint verification aim to strengthen security while enabling wider onboarding into the Pi Network ecosystem, though community reactions remain mixed.

Bitcoin's price surged from just above $65,000 to nearly $69,000 within about an hour, wiping out roughly $80 million in short positions. Major altcoins also rallied, with ETH reclaiming $2,000, SOL approaching $90, and XRP and BNB gaining over 4% in the same period. The sharp move comes amid rising geopolitical tensions following US and Israeli strikes on Iran and ahead of a March 2, 2026 speech in which US President Trump is set to address the Iran conflict.