BitGo announced its subsidiary BitGo Bank & Trust has been appointed to provide stablecoin infrastructure and institutional distribution support for SoFiUSD, a USD-backed stablecoin issued by SoFi Bank, Businesswire reports. SoFiUSD is the first U.S. dollar stablecoin from a U.S. nationally chartered, FDIC-insured deposit bank to operate on an open, permissionless blockchain. BitGo will deliver technical and operational infrastructure, institutional access, and related applications through its "Stablecoin as a Service" platform.

Core Scientific obtained $500 million in financing from Morgan Stanley under a 364-day loan agreement as it shifts infrastructure toward AI workloads, The Block reports. The facility includes an accordion feature allowing an additional $500 million expansion, bringing potential total to $1 billion. Core Scientific said it will allocate proceeds to property acquisitions, predevelopment expenses and additional energy contract purchases.

An unidentified wallet unstaked 1,402,039 SOL valued at $127,212,516, the original report shows. The stake release involved a large amount of SOL moving out of locked status from the unknown address.

A total of 2,318,449 SOL, valued at 210,968,707 USD, has been unstaked and moved to an unidentified wallet. The stake unlock involves a large amount of SOL and the recipient address has not been publicly attributed.

Solana (SOL) is trading near $91.70, up about 3% over the past 24 hours and roughly 6% on the week, but remains around 11% lower over the past month and almost 70% below its January 2025 all-time high of $293.31. CoinGlass data show trading volume slipped 3% to $16.4 billion while open interest increased 2% to $5.37 billion, and SoSoValue figures show Solana ETF inflows of $19.06 million on March 4. The analysis highlights $95 as a crucial resistance area where the 38.2% to 50% Fibonacci retracement clusters and where the $100 region now appears to act as resistance, with RSI recovered from oversold to slightly above 50 and 24-hour spot volume on the rebound just over $6 billion. A sustained break above $95 could open targets around $105–$110, while failure at this level may refocus attention on $85 and the recent lows near $80.

Tether made a strategic investment in fintech firm Axiym on March 5 to advance USDT integration in global payment and settlement systems, ChainThink reports. Axiym is developing a distributed funds infrastructure that embeds financial services into compliant payment ecosystems and supports a "Pay Now, Settle Later" framework with native USDT integration, enabling payment companies to deploy USDT directly in existing systems without additional settlement rails. The company's network covers 140 countries and 70 currencies, providing real-time settlement between payment processors and aggregators. Tether CEO Paolo Ardoino said the investment will expand real-world USDT use cases and support a more efficient global payment system, while Axiym founder Khibar Rassul stated direct USDT integration into regulated infrastructure can shift stablecoins from assets to core payment capabilities.

Bitcoin whales have increased activity and identified $71,000 as a critical buy wall in the current market. Large holders show concentrated interest in this price zone, the original report said.

Stablecoin issuer Tether has made a strategic investment in financial technology company Axiym to advance the use of USD₮ in global payments, according to an official announcement. Axiym operates a globally distributed funds and settlement infrastructure supporting payment and settlement activities in 140 countries and 70 currencies. The partnership is designed to embed USD₮ directly into regulated payment ecosystems to streamline cross-border payment processes and improve capital efficiency. Axiym's platform offers a postpayment settlement model called "Pay Now, Settle Later" (PNSL), allowing payment companies to access USD₮ within their existing funds operations without external procurement or separate settlement channels.

Ethereum is consolidating between $1,900 and $2,000 after falling from above $3,000, with the loss of $2,700 support shifting the structure to lower highs and lower lows. Analyst Ted said ETH faces resistance at the former $2,400 support, with scenarios including a relief rally toward $2,200 before renewed selling or, if support fails, a move toward $1,600. Trader Tardigrade's weekly chart shows a long-term ascending channel from a local bottom near $1,565, where a recent retest at about $1,894 aligns with the lower trendline and projects a macro target toward $5,900–$6,000 if the pattern holds, while a weekly close below channel support would invalidate this structure. James Easton notes ETH is trading within a symmetrical triangle above local demand, where a breakout above descending resistance could target around $2,200 with volume confirmation, whereas a failure of rising support could expose liquidity near $1,700.