Crypto Weekly Roundup: SEC Drops Coinbase and Uniswap Lawsuits, & More

This week saw the SEC drop its lawsuits against Coinbase and Uniswap, signaling a regulatory shift, while Bank of America is considering a USD-pegged stablecoin pending legislation.

In the crypto market, Bitcoin fell 2.7% following major stock market losses, however, Michael Saylor increased Strategys Bitcoin holdings to 499,096 BTC. Lets find out more.

Bitcoin

The S&P 500 fell 1.71% on Friday, equating to a loss of nearly $900 billion. At the same time, the Nasdaq decreased by 2.2%, which meant up to 650 billion were wiped off of this exchange, resulting in Bitcoin dropping by 2.7%.

Ethereum

The Ethereum Foundation (EF) held an Ask Me Anything (AMA) session on Reddit on February 25, 2025, featuring prominent researchers such as Vitalik Buterin, Justin Drake, and Dankrad Feist. The session covered critical topics, including Ethereum scaling, Layer 1 revenue, and network security, while also providing insights into the forthcoming Pectra upgrade.

Technology

MetaMask is set to expand beyond Ethereum by integrating Bitcoin and Solana, introducing smart contract capabilities, enhancing transaction efficiency, expanding its debit card services, and working toward eliminating gas fees for a more seamless user experience.

Business

Michael Saylors Strategy has expanded its Bitcoin holdings to 499,096 BTC with a $2 billion purchase, despite concerns over its financing model and declining stock performance.

Ethena, a crypto project that has rapidly gained prominence with its dollar-pegged token, has raised $100 million in a funding round completed in December to develop its blockchain ecosystem and introduce iUSDe, a token tailored for traditional financial institutions.

Web3

As web3 entertainment evolves, projects integrating multiple verticals within a single ecosystem are shaping the industry's next phase. POPG is among those leading this shift, introducing three distinct platformsPOP.VIP, POP.GAME, and POP.LIVEunder a unified framework.

Web3 infrastructure startup iExec has released its ambitious 2025 roadmap outlining plans to expand the utility of its native token RLC, accelerate technological development, and become a foundation for Trusted AI applications.

With chatbots set to contribute to an estimated $142 billion in sales in 2025, decentralized AI developer Sentient is launching Sentient Chat, a high-capacity, user-friendly agentic chatbot similar to Perplexity.

Layer 1 relational blockchain Chromia has announced that it will roll out its Mimir Upgrade on March 25, introducing one of the worlds first decentralized vector databases, a move that could reshape how AI-driven applications operate by anchoring their data infrastructure onchain.

Regulation

The U.S. Securities and Exchange Commission (SEC) has officially dropped its lawsuit against Coinbase, marking a significant shift in the agencys approach to cryptocurrency regulation.

The SEC has reportedly closed its investigation into Uniswap, the leading decentralized exchange (DEX), without pursuing any charges, marking a significant win for the DeFi sector as it faces ongoing regulatory scrutiny.

Bank of America (BofA) is prepared to launch a USD-pegged stablecoin if U.S. lawmakers pass comprehensive regulatory legislation, CEO Brian Moynihan stated at the Economic Club of Washington, D.C.

United States President Donald Trump will host the first-ever crypto summit at the White House on March 7.

South Korean regulators have imposed a three-month suspension on Upbit, restricting new user transactions and citing compliance violations, as part of a broader effort to tighten cryptocurrency oversight.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Text source: Crypto Daily™

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