Overview • Bitcoin fell back below $24,000 on Feb. 24, as markets anticipated the release of the US consumer sentiment figures. • Ethereum also retreated from Thursday’s high, impacted by increased volatility. • The report from the University of Michigan is expected to show an increase in confidence. Bitcoin Analysis Bitcoin (BTC) dropped below $24,000 on Friday, as investors began

• Mike Novogratz, CEO of Galaxy Digital, believes that Bitcoin can potentially reach $30,000 by the end of the quarter. • The executive was previously more bullish about the price of BTC, stating that it should be at $500,000 five years out. • However, he revised his forecast due to Jerome Powell’s interest rate increases and other bullish predictions from

• Wazirx, an Indian crypto exchange, has denied allegations made by Binance regarding their relationship. • Wazirx stated that the allegations are false and unsubstantiated and is seeking recourse. • Binance accused Zanmai of making misleading claims to the public about its alleged role in operating Wazirx. Binance Accuses Indian Crypto Exchange Wazirx of Misleading Claims Binance, one of the

• The Indian Finance Ministry has highlighted the need for a common approach to regulating the crypto ecosystem in its Economic Survey this year. • The survey explains that crypto assets have no intrinsic cashflows and the Reserve Bank of India has warned that they pose risks to the country’s financial stability. • The U.S. Securities and Exchange Commission has