⚖️ Argentina has ordered a nationwide block of the crypto-based prediction market platform Polymarket. A Buenos Aires court directed telecom regulator ENACOM to restrict access through internet providers and instructed Google and Apple to remove the app from stores for Argentine users after authorities concluded the platform operates as an unlicensed online gambling service. The case was initiated following a complaint from the Buenos Aires City Lottery (LOTBA). Argentina becomes the second country in Latin America to fully restrict Polymarket after Colombia. #regulation
🐳 Now, Bitcoin’s Whale vs Retail Delta is lower than that of altcoins, indicating that whales are more inclined to close their longs or open more shorts on BTC compared to altcoins. Retail traders, conversely, are showing more interest in longing Bitcoin, likely due to a belief that BTC still has downside potential while altcoins have already dropped significantly.
If the Whale vs Retail Delta turns negative for both BTC and altcoins, it could signal a bearish market in the coming days, as whales typically have a greater influence on price movements. This situation requires close monitoring.
If the Whale vs Retail Delta turns negative for both BTC and altcoins, it could signal a bearish market in the coming days, as whales typically have a greater influence on price movements. This situation requires close monitoring.
🇺🇸🗽 According to SoSoValue, on March 16 (EST), US Bitcoin spot ETFs saw a total net inflow of $202 million, marking the 6th consecutive day of net inflows. BlackRock's IBIT recorded the highest single-day net inflow of $139 million.
Ethereum spot ETFs had a total net inflow of $35.89 million, marking the 5th consecutive day of net inflows.
Meanwhile, XRP spot ETFs saw a single-day total net outflow of $5.98 million, bringing its historical total net inflow to -$23.87 million.
Ethereum spot ETFs had a total net inflow of $35.89 million, marking the 5th consecutive day of net inflows.
Meanwhile, XRP spot ETFs saw a single-day total net outflow of $5.98 million, bringing its historical total net inflow to -$23.87 million.
🐳 Whales are buying $ETH!
Whale 0x7143 withdrew 10,000 $ETH ($23.28M) from Bitget ~30 minutes ago.
A newly created wallet 0x672D withdrew 4,300 $ETH ($10.02M) from #OKX 8 hours ago.
Whale 0x7143 withdrew 10,000 $ETH ($23.28M) from Bitget ~30 minutes ago.
A newly created wallet 0x672D withdrew 4,300 $ETH ($10.02M) from #OKX 8 hours ago.
😱 #BTC Buyer Activity Returns to Bitcoin After Heavy February Selling
This represents an encouraging shift after a period dominated by selling pressure. That said, this trend still needs confirmation.
This represents an encouraging shift after a period dominated by selling pressure. That said, this trend still needs confirmation.
🕵️ 300,000,000 #USDT (299,961,150 USD) transferred from Tether Treasury to Bitfinex
🕵️ According to CoinDesk, the UK High Court has allowed a lawsuit involving the theft of 2,323 BTC (approximately $172 million) to proceed.
Plaintiff Ping Fai Yuen alleged that his estranged wife, Fun Yung Li, snooped on his hardware wallet seed phrase via a home CCTV camera and transferred the Bitcoin stored in a Trezor cold wallet without authorization in August 2023.
The judge noted that the plaintiff's claim of "conversion" typically applies only to tangible property under UK law, but ruled that the case could still proceed based on other legal grounds.
The Bitcoin in question is currently scattered across 71 on-chain addresses and has remained unmoved since December 2023. #regulation
Plaintiff Ping Fai Yuen alleged that his estranged wife, Fun Yung Li, snooped on his hardware wallet seed phrase via a home CCTV camera and transferred the Bitcoin stored in a Trezor cold wallet without authorization in August 2023.
The judge noted that the plaintiff's claim of "conversion" typically applies only to tangible property under UK law, but ruled that the case could still proceed based on other legal grounds.
The Bitcoin in question is currently scattered across 71 on-chain addresses and has remained unmoved since December 2023. #regulation
🇮🇱🔮 According to The Times of Israel, military correspondent Emanuel Fabian received death threats from Polymarket bettors who demanded he change his report on the March 10 Iranian missile strike on Israel. The prediction market pool attracted over $14 million in bets, with bettors wagering on whether Iran would strike Israel on a specific date. Bettors who wagered "No" demanded a change in the article from "a missile struck an open area" to "intercepted fragments," claiming the original report caused a $900,000 loss. Polymarket condemned this behavior, banning all involved accounts and planning to report their information to law enforcement. #regulation
🇻🇳📊 According to Reuters, Vietnam plans to draft new rules banning citizens from trading on overseas crypto platforms like Binance and OKX. The country aims to launch a pilot program for local compliant exchanges as early as this month. A Ministry of Finance document reveals that five companies, including affiliates of Techcombank, VPBank, LPBank, brokerage VIX Securities, and conglomerate Sun Group, have passed the initial screening. Chainalysis data indicates that Vietnam ranks 4th globally in crypto adoption, with annual trading volume exceeding $200 billion.
💸 #BTC mining company Cango reported a net loss of $452.8 million in its first year of operation as a mining company, according to The Block.
🌍 #PYPL PayPal Expands Stablecoin Access to 68 More Countries #stablecoin