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NEAR Reprices as Intents Flywheel Kicks In With NEARCON 2026 in the rearview mirror and noteworthy features rolled out around the "Near Super App", momentum resumed on NEAR as the asset found support at multi-year lows. Over the past week, market news pushed participants to bid NEAR, which ran as high as 43% from its $1.02 opening price. The asset outperformed the broader altcoin complex by an order of magnitude before meeting resistance at $1.45.

Pakistan Formalizes Crypto Oversight with Landmark Virtual Assets Act Pakistan has passed a law that establishes a permanent federal framework for the regulation of digital assets. The move transitions the Pakistan Virtual Assets Regulatory Authority (PVARA) from a temporary entity into a statutory body with broad powers to license, monitor and penalize firms operating within the country. The Virtual Assets Act 2026 introduces stringent requirements for Virtual Asset Service Providers (VASPs) – businesses that facilitate crypto transactions – mandating that all platforms obtain a federal licence to serve Pakistani residents. Under the new law, firms operating without authorization face severe criminal penalties, including prison sentences of up to five years and substantial fines. The legislation also provides a clear mandate for PVARA to coordinate with the State Bank of Pakistan to integrate digital assets into the national financial system.

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Volatility is compressing. Implied volatility has fallen well below the highs seen in early February, indicating that traders are no longer aggressively pricing in tail risk. Lower IV suggests the options market expects smaller near-term moves and more stable conditions.

NEW: First Spot Polkadot ETF Launches on Nasdaq 21Shares has launched the first U.S. spot Polkadot ETF, trading under ticker $TDOT on Nasdaq. The fund debuted with $11M in seed capital and a 0.3% management fee.

BNB/USDT – 2H Chart Quick Update BNB is currently trading around $627, showing a pullback after rejection from the $660 resistance zone. Price failed to hold above the descending trendline resistance. Currently sitting near the moving average, which is acting as short-term support. Market structure remains range-bound between $600 and $660. If BNB reclaims $640–$645, the next targets could be: $660 resistance $680 If price breaks below $620, we may see a move toward: $600 support $580 demand zone BNB is consolidating after rejection, and the next direction will likely come after a break above $645 or below $620. https://www.tradingview.com/chart/BNBUSDT/1MARhi5K-BNB-USDT-2H-Chart-Quick-Update/

IRS Proposes Electronic-Only Tax Reporting for Crypto Brokers The US Internal Revenue Service (IRS) has proposed a rule that would allow digital-asset brokers to provide tax statements exclusively in an electronic format. The proposal, published as a notice of proposed rulemaking in the Federal Register, would amend regulations under section 6045 of the Internal Revenue Code. These rules govern how brokers must report digital-asset transactions to the authorities. Under the change, brokers reporting crypto trades using Form 1099-DA would be permitted to obtain customer consent for electronic statements without offering a paper delivery alternative.

ETH/USDT – 2H Chart Quick Update ETH is currently trading around the $1,980–$2,000 area, showing consolidation after the recent rejection from the $2,150 zone. Price is moving near the moving average, showing short-term indecision. The $1,920–$1,940 zone remains a strong support area. A descending trendline resistance is still limiting upside momentum. Bullish Scenario: If ETH holds above $1,950 and breaks $2,040, the next targets could be: $2,120 $2,180 Bearish Scenario: If price loses the $1,920 support, we could see a move toward: $1,850 $1,750 ETH is ranging between key support and resistance, and a break above $2,040 could trigger the next bullish move. https://www.tradingview.com/chart/ETHUSDT/S7sLLzrD-ETH-USDT-2H-Chart-Quick-Update/

BTC/USDT – 2H Chart Quick Update Bitcoin is currently trading around $67.9K, showing a pullback after the recent push toward the $73K–$74K resistance zone. Price is holding near the moving average, which is acting as short-term support. A descending trendline resistance near $69K–$70K is still capping the upside. Major support remains around $63K, while a stronger demand zone sits near $60K–$61K. BTC is consolidating below resistance, and the next major move will likely come after a clear break above $70K or a drop below $66K.

US Sheds 92,000 Jobs in February as Unemployment Hits 4.4% The US Bureau of Labor Statistics (BLS) has released employment data for February 2026. The BLS reported that non-farm payrolls fell by 92,000 during the month, a figure well below analyst expectations of 59,000 jobs created. At the same time, the unemployment rate jumped to 4.4% from 4.3% in January, exceeding expectations that it would hold steady. In February, employment continued to trend upward in social assistance. However, job losses occurred in healthcare, information technologies and the federal government, according to the BLS. Bitcoin initially pulled back on the news, touching $69,800 at 13:30UTC before rebounding to $70,300 several minutes later. Since then, it has tracked downwards, and by 14:50UTC had fallen as far as $68,300. Ether reacted similarly, dropping to $2,039 at 13:30UTC before rising to $2,061 five minutes later. It has also traded downward since the announcement, touching as low as $1,977 at 14:50UTC.

Crypto Fear & Greed Index Update Market sentiment remains in Extreme Fear. 🔹 Current Index: 12 🔹 Yesterday: 18 🔹 Last Week: 11 ⚠️ Fear is still dominating the market, showing traders remain cautious after recent volatility. 📉 Extreme fear phases often appear near potential accumulation zones, but confirmation from price action is still important. Stay patient and manage risk.

BNB/USDT – Quick Update BNB recently broke out of the descending channel and pushed toward the $660 resistance, but price is now slightly consolidating around $645–$650. Breakout from the falling structure signals short-term bullish momentum. Price is currently retesting the broken trendline, which could act as support. Moving average is also curving upward, supporting the bullish structure. Bullish Scenario: If BNB holds above $640 and breaks $660, next potential targets: $680 $700 Bearish Scenario: If price drops below $635, we may see a pullback toward: $620 $600 support BNB structure is turning bullish after the channel breakout, but $660 remains the key resistance to watch.

The wind is turning positive on the Spot ETF side. After a long period of outflows, the 14-day net flow has turned positive again. BTC has moved above $70K, and selling pressure is starting to ease. Institutions are not aggressively buying yet, but early signs of accumulation are beginning to appear, according to Glassnode.