Brazil removed import duties on high-efficiency Bitcoin mining rigs until 2028, potentially unlocking stranded renewable energy and lowering capital costs for miners.
Ethereum broke above $2,080 with rising trading volume, while TRON absorbed $86 billion in stablecoins, signaling liquidity rotation across networks.
Bitcoin spot ETFs recorded $458 million in daily inflows, reinforcing institutional participation as Uniswap secured a decisive legal victory in a US court.
The crypto market saw major regulatory, institutional, and technical developments. From Brazil’s zero import tax on high-efficiency Bitcoin miners to a landmark DeFi court victory for Uniswap, capital rotation into TRON, and strong ETF inflows.
Brazil has approved a zero import duty on high-efficiency SHA256 Bitcoin mining equipment through January 31, 2028.
The measure applies specifically to miners exceeding 200 terahashes per second with energy efficiency below 20 joules per terahash.
Between October 2021 and September 2025, wind producers curtailed approximately 32 terawatt-hours of electricity, which resulted in 6 billion reais of lost revenue.
Wind and solar energy sources provided 24% of Brazil's electricity in 2024, which increased to 34% by August 2025.
A US federal judge permanently dismissed all remaining claims in the Risley v. Universal Navigation lawsuit against Uniswap Labs and founder Hayden Adams.
The ruling establishes that open-source protocol developers cannot be held liable for scams committed by third parties using their infrastructure.
Plaintiffs had alleged that Uniswap facilitated fraud through scam tokens between 2020 and 2022.
The dismissal with prejudice prevents the claims from being refiled. Earlier in 2025, the SEC had also dropped a separate investigation into Uniswap without charges.
Ethereum recently broke the $2,080 resistance level, reaching a high of $2,089 before it entered a consolidation phase.
The breakout was accompanied by a surge in trading volume, which showed that more people were joining the market.
The $2,080 zone now acts as potential support. Technical indicators present mixed signals as the initial breakout was decisive with strong momentum, and the following consolidation suggests the market may pause before its next direction.
Ethereum’s performance continues to reflect broader market sentiment, particularly in DeFi and institutional flows.
Also Read: Ethereum Price Faces Pressure as Whales and Derivatives Traders Exit
TRON recorded a $1.6 billion net increase in stablecoin supply over the past month, contrasting with supply declines on Ethereum during the same period.
Total stablecoin market capitalization on TRON reached $86.037 billion, with USDT accounting for 98.32% dominance with $84.6 billion circulating on the network.
Bridged total value locked climbed to $90.436 billion, daily transactions reached 10.01 million, and active addresses rose to 2.89 million.
TRX treasury holdings now exceed 684 million tokens, reflecting steady accumulation near the $0.28 level.
According to SoSoValue, Bitcoin spot ETFs saw total net inflows of $458.19 million on March 2, with none of the twelve funds recording outflows.
BlackRock’s IBIT led with $263.19 million in daily inflows, followed by Fidelity’s FBTC with $94.80 million.
Total net asset value across Bitcoin spot ETFs stands at $88.34 billion, representing 6.39% of Bitcoin’s total market capitalization.
Cumulative historical net inflows have reached $55.26 billion, reinforcing continued institutional participation.
Also Read: Is Bitcoin a Forever Hold? New Bullish Indicator Says ‘Yes’
NEAR’s token jumped as much as 17%, extending a 40% weekly rally after launching “Confidential Intents,” a private execution layer designed to reduce front-running and maximal extractable value (MEV).
The system routes transactions through a private shard connected to NEAR’s mainnet, allowing users to execute trades confidentially while maintaining compliance-aware selective disclosure.
While base-layer fees remain modest relative to NEAR’s $1.8 billion market cap, investors appear to be pricing in expectations of institutional adoption driven by private execution capabilities.
1. Why did Brazil remove the Bitcoin miner import tax?
To monetize surplus renewable energy and reduce capital costs for high-efficiency mining equipment.
2. What does Uniswap’s court victory mean for DeFi?
It establishes that developers are not automatically liable for third-party scams on open-source protocols.
3. Why is Ethereum’s $2,080 level important?
It was a key resistance zone that now acts as potential support after the breakout.
4. Why is TRON’s $86B stablecoin figure significant?
It signals liquidity rotation and growing usage as a settlement network, especially for USDT.
5. What do Bitcoin ETF inflows indicate?
Strong net inflows suggest sustained institutional demand and capital allocation into Bitcoin.