On Feb. 27, Deloitte issued an independent accountant's report on Anchorage Digital Bank's USAT Reserve Report, covering the US dollar token USAT that the bank issues in collaboration with Tether. As of Jan. 31, 2026, Anchorage reported $17.6 million in reserve assets against $17.5 million in USAT tokens, while Tether's far larger USDT stablecoin, backed by $192.878 billion in assets and $186.540 billion in liabilities as of Dec. 31, 2025, still has no full Big Four audit. The new attestation gives Tether exposure to a federally regulated US stablecoin with a Big Four name, but leaves long-standing questions over USDT's reserves and governance unresolved.

On March 4, Morgan Stanley updated its Form S-1 for the Morgan Stanley Bitcoin Trust, designating Coinbase Custody and BNY Mellon as its key custodial partners. The bank plans to run the spot Bitcoin ETF similarly to a traditional ETF structure, using cold storage for Bitcoin and providing custody insurance while sharing some liabilities with customers.

Ethereum's price is oscillating between a defended support area around $1,800 and repeated resistance near $2,150 while the broader trend stays bearish. On the daily chart, ETH remains below its 100-day and 200-day moving averages and within a descending channel, with $2,300–$2,400 and then $2,800–$3,000 as key upside zones if resistance is reclaimed. On-chain data shows exchange reserves trending down toward about 15.9 million ETH, which could support a rebound if price holds above $1,800 but may signal renewed distribution if reserves flatten or rise while ETH is rejected below $2,150.

Recent on-chain data indicate that over 2 trillion Shiba Inu (SHIB) have been withdrawn from exchanges, pushing overall exchange reserves toward the critical 80 trillion token threshold. While this ongoing outflow suggests more holders are moving SHIB into longer-term storage, the token's price remains in a prolonged downtrend under key moving averages, signaling that a sustained recovery may still be challenging.

On 4 March 2026, data showed Ethereum’s combined Layer 1 and Layer 2 throughput surpassing 100 Mgas/s, with Base and Polygon PoS among the top contributors. Daily active ETH addresses reached about 837,200 and roughly 284,800 new wallets are created each day, yet the ETH price continues to hover around the $2,000 level without a decisive breakout.

Cardano's ADA has posted strong upside price action as its 24-hour trading volume increased by more than 23%, with over $834 million changing hands while the token trades around $0.2668. The price is now moving toward a potential retest of the $0.30 resistance, as technical indicators and ecosystem developments such as the upcoming Midnight Network mainnet launch fuel expectations of a larger breakout.

Bitcoin climbed to $71,928, marking its strongest level in nearly a month before easing to around $71,343 with a 5.62% daily gain. After sliding to $63,019 on Saturday, the rebound was supported by more than $680 million of inflows into U.S. spot Bitcoin ETFs on Monday and Tuesday. Tether CEO Paolo Ardoino praised the green price action, while longtime critic Peter Schiff described the move above $71,000 as a "head fake" and reiterated his preference for gold and silver.

Kraken’s banking subsidiary, Kraken Financial, has obtained a limited-purpose master account from the Federal Reserve Bank of Kansas, becoming the first crypto-linked firm with this type of access. The account lets Kraken connect directly to core Fed payment rails and reduce dependence on intermediary banks, although it does not include commercial-bank privileges such as interest on reserves or Fed lending facilities. The move is seen as a key infrastructure milestone for integrating digital asset businesses into the traditional US dollar payments system and broader financial markets.