Happy Friday! Welcome to the 9th instalment of the Coinbyte Weekly Wrap.

The market traded in a tighter but still constructive range this week, with BTC rebounding from the mid-US$65,000s to briefly test above US$71,000 before settling near US$70,000 and posting a weekly gain of 0.64%. Price action showed a clear midweek recovery. Major altcoins also closed the week in positive territory, with Ether up 2.29%, BNB rising 1.68%, Solana gaining 1.37%, and Dogecoin outperforming among large-cap tokens with a 3.21% weekly increase. Trading activity across major cryptocurrencies stayed resilient: BTC average daily volume reached roughly US$41.4bn over the past seven days, USDT turnover remained elevated at around US$78.0bn, and ETH and SOL recorded approximately US$19.1bn and US$3.5bn respectively. Overall, this week’s market action suggested improving stability in Bitcoin alongside moderate follow-through in large-cap alt coins.

This week’s headlines underscored continued institutional momentum and deeper integration of blockchain into mainstream finance and policy discussions. Bitcoin crossed the milestone of 20 million mined coins, reinforcing its scarcity narrative as the network moves closer to its fixed 21 million supply cap. Institutional conviction also remained firm, with Strategy adding nearly 18,000 BTC to extend its position as the largest corporate holder of Bitcoin. On the regulatory front, debate intensified as Coinbase pushed back against new U.S. tax-reporting rules tied to IRS Form 1099-DA, while U.S. senators sought compromise on stablecoin yield provisions to revive the Clarity Act. Beyond regulation, industry development broadened across infrastructure and adoption: tokenized equities surpassed US$1 billion in on-chain value for the first time, Starknet advanced privacy-focused asset standards, Ripple moved to strengthen its regulated payments footprint in Australia, and corporate leaders such as Jack Dorsey signaled growing acceptance of stablecoin functionality in payments. Together, these developments point to a market increasingly shaped by institutional participation, evolving regulation, and expanding real-world blockchain infrastructure.

Performance

Newsflow

BTC | Bitcoin has surpassed 20 million mined coins, leaving fewer than one million BTC remaining before the network reaches its fixed supply cap of 21 million. The remaining coins are expected to be issued gradually over the next 114 years as block rewards continue to decline through the protocol’s programmed halving cycles. link

Regulation | Coinbase criticized new U.S. crypto tax-reporting rules tied to IRS Form 1099-DA, saying the framework could create significant reporting burdens for brokers. The exchange argued the requirements would compel platforms to report large volumes of transactions — including stablecoin transfers that may generate little or no taxable income — while lacking full cost-basis data for assets moved from external wallets, raising concerns about inaccurate tax reporting. link

Ethereum | Sharplink, Inc. reported $15.3 million in staking revenue for Q4 2025, up from $10.3 million in the previous quarter, according to its latest earnings release. The company also disclosed $55.2 million in realized gains for full-year 2025, primarily resulting from the conversion of ETH into liquid staking ETH (LsETH) during its staking operations.link

Institution | Strategy Inc. disclosed that it purchased 17,994 Bitcoin for about $1.3 billion between March 2 and March 8 at an average price of roughly $70,946 per coin. The acquisition — funded through equity sales — brings the company’s total holdings to about 738,731 BTC, reinforcing its position as the largest corporate holder of Bitcoin.link

Blockchain | Starknet is developing the STRK20 framework to enable the issuance of privacy-focused stablecoins and other assets on its network. The standard embeds privacy at the token level—hiding balances and transaction details while allowing selective disclosure through “viewing keys,” enabling compliance and compatibility with DeFi applications. link

Industry developments | Jack Dorsey, co-founder and CEO of Block, said the company will support stablecoins despite his longstanding preference for Bitcoin, citing growing customer demand for fiat-pegged tokens in payments. Dorsey noted he does not favor the move but acknowledged that user demand is pushing payment platforms to integrate stablecoin functionality.link

Adoption | Ripple plans to obtain an Australian Financial Services Licence by acquiring BC Payments Australia, allowing the firm to offer its full payments stack in the country under a regulated framework. The company said its Asia-Pacific payments volume nearly doubled year-on-year in 2025, highlighting growing demand for blockchain-based cross-border payment infrastructure in the region. link

Regulation | U.S. senators are seeking a compromise on stablecoin yield provisions to revive the stalled Clarity Act, a major crypto market structure bill. The dispute over whether crypto firms can offer yield on stablecoins has been a key obstacle to the legislation, reflecting ongoing tensions between banks and the digital asset industry over regulation of the sector. link

Policy | Donald Trump’s new U.S. cyber strategy pledges federal support for securing cryptocurrencies and blockchain technologies as part of the country’s broader push to maintain leadership in emerging technologies. The document places blockchain security alongside areas such as artificial intelligence and quantum computing within the national cybersecurity framework. link

Tokenization | The total value of tokenized equities on blockchain networks has surpassed $1 billion for the first time, according to data from RWA.xyz. Ondo Finance accounts for about 58% of the market, while the xStocks platform holds roughly 24%, highlighting early concentration among leading providers in the emerging tokenized-stocks sector. link

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