Top 5 Coins with the Highest Gains

| Coin | Price | Percentage Change | | --- | --- | --- | | Nervos Network | $0.02265 | 30.43% | | Pendle | $7.10 | 24.04% | | Ethena | $1.10 | 23.69% | | eCash | $0.00007815 | 17.67% | | ORDI | $68.95 | 16.85% |

Key Highlights in the Crypto Industry:

• Ongoing legal battle between the SEC and Binance progresses as they complete discovery and depositions. Negotiations are underway to resolve disputes regarding consent order terms between the parties. Binance.US has submitted final documents in response to the SEC's requests, aiming to resolve outstanding issues without court intervention. Anticipated deposition in 4-6 weeks.
• MicroStrategy, a major holder of Bitcoin, experienced a 25% drop in shares following Bitcoin's recent decline. Despite Bitcoin's increase, MicroStrategy saw a significant rise before correction. Analysts adjust target to $1,800, predicting a potential 10% increase. Premium over Bitcoin stabilizes at 2x, with the upcoming halving in April expected to impact prices.
• Terraform Labs and co-founder Do Kwon found guilty of defrauding investors in an SEC civil case. The jury's decision came quickly, with Kwon not present and awaiting an extradition decision. SEC alleges deception related to Terra USD stablecoin, citing a platform collapse in 2022. Uncertain extradition status with the case returned to lower court.
• Fantom creator Andre Cronje shows support for Solana amidst transaction failures, attributing issues to rapid growth. Challenges faced by Solana seen as part of blockchain success despite recent difficulties. Solana CEO acknowledges congestion bugs as a tough problem to solve, with plans for system improvements in progress.
• Rising concerns over scams and hacks in the crypto industry lead to the emergence of blockchain investigators for increased safety measures. ZachXBT, a well-known on-chain investigator, faces harassment by the US IRS-CI unit. Privacy breaches prompt the refusal of assistance to meme coin victims, focusing on aiding genuine victims instead.
• Google takes legal action against Chinese developers for fake crypto apps that deceived over 100,000 users. Scams involving "Pig-butchering" led to significant financial losses, including US victims. Lawsuit seeks a ban on the apps and damages to be determined in trial.
• Ripple's CTO, David Schwartz, sparks speculation with a cryptic tweet featuring the "Sunscream" logo. Ripple plans to introduce a stablecoin backed by USD deposits and other cash equivalents to tap into the $150 billion market. The stablecoin will operate on the XRP Ledger and Ethereum, bridging traditional finance and the crypto world.