π March 30, 2025 cryptocurrency news highlights
γCryptocurrencyγ
πͺ βBitcoin exchange-traded funds (ETFs) recently ended a 10-day inflow streak, experiencing $93 million in outflows, with Fidelity's FBTC notably affected.
γIndicatorsγ
Bitcoin rebounded and briefly exceeded $83,000, currently trading at $82,932.ππ°
π± @Money π± Twitter
γCryptocurrencyγ
πͺ βBitcoin exchange-traded funds (ETFs) recently ended a 10-day inflow streak, experiencing $93 million in outflows, with Fidelity's FBTC notably affected.
γIndicatorsγ
Bitcoin rebounded and briefly exceeded $83,000, currently trading at $82,932.ππ°
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Musk Clarifies US Government Has No Plans to Use Dogecoin
Musk stated during the "America PAC" town hall meeting in Green Bay, Wisconsin, that the U.S. government has no plans to use the cryptocurrency Dogecoin. He pointed out that the Federal "Department of Government Efficiency (D.O.G.E.)" is not associated with Dogecoin, stating "they are just a name similarity, the government will not use Dogecoin, at least not that I know of."
π± @Money π± Twitter
Musk stated during the "America PAC" town hall meeting in Green Bay, Wisconsin, that the U.S. government has no plans to use the cryptocurrency Dogecoin. He pointed out that the Federal "Department of Government Efficiency (D.O.G.E.)" is not associated with Dogecoin, stating "they are just a name similarity, the government will not use Dogecoin, at least not that I know of."
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The global crypto market is shifting, and the U.S. is losing its dominance:
β« U.S. exchange share of ETH and BTC trading has dropped to record lowsβjust 8.6% for ETH and 11.5% for BTC
β« That means 91.4% of ETH and 88.5% of BTC trading volume is taking place outside the U.S.
β« 88% of ADA and SOL trading volume is also happening outside the U.S.
π± @Money π± Twitter
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π March 30, 2025 cryptocurrency news highlights
γCryptocurrencyγ
The global crypto market is shifting, and the U.S. is losing its dominance
γEconomyγ
Musk Clarifies US Government Has No Plans to Use Dogecoin
γIndicatorsγ
If Bitcoin falls below $80,000, the mainstream CEX's cumulative long liquidation volume will reach 529 million.On the other hand, if Bitcoin surpasses $84,000, the total short liquidation intensity on major CEXs will reach 939 million.π°βΌοΈ
π± @Money π± Twitter
γCryptocurrencyγ
The global crypto market is shifting, and the U.S. is losing its dominance
γEconomyγ
Musk Clarifies US Government Has No Plans to Use Dogecoin
γIndicatorsγ
If Bitcoin falls below $80,000, the mainstream CEX's cumulative long liquidation volume will reach 529 million.On the other hand, if Bitcoin surpasses $84,000, the total short liquidation intensity on major CEXs will reach 939 million.π°βΌοΈ
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Trump Signs Order for U.S. Investment Accelerator βοΈ
The White House announced that President Trump signed an executive order to establish the U.S. Investment Accelerator, a new office within the Commerce Department focused on attracting investments over $1 billion. The initiative includes launching the Chip Project Office to oversee semiconductor industry growth.
π± @Money π± Twitter
The White House announced that President Trump signed an executive order to establish the U.S. Investment Accelerator, a new office within the Commerce Department focused on attracting investments over $1 billion. The initiative includes launching the Chip Project Office to oversee semiconductor industry growth.
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Elon Musk Clarifies No Plans for the Government to Use Dogecoin
Elon Musk has clarified that the Department of Government Efficiency (DOGE) has no plans to integrate Dogecoin, the cryptocurrency, into its operations. Despite sharing an acronym with the digital currency, DOGE is focused on streamlining government processes and is not associated with Dogecoin. Musk emphasized that any reports suggesting governmental adoption of Dogecoin are inaccurate.
π± @Money π± Twitter
Elon Musk has clarified that the Department of Government Efficiency (DOGE) has no plans to integrate Dogecoin, the cryptocurrency, into its operations. Despite sharing an acronym with the digital currency, DOGE is focused on streamlining government processes and is not associated with Dogecoin. Musk emphasized that any reports suggesting governmental adoption of Dogecoin are inaccurate.
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Fidelity Analyst: Bitcoin Pullback Magnitude Aligns with Past Acceleration Phases, Still Potential for "Initiating Second Leg of Major Uptrend"
According to Cointelegraph, Fidelity Digital Assets questioned the viewpoint that "Bitcoin has already reached its cycle high" in its latest report, suggesting that Bitcoin may be on the eve of the next "acceleration phase."
π± @Money π± Twitter
According to Cointelegraph, Fidelity Digital Assets questioned the viewpoint that "Bitcoin has already reached its cycle high" in its latest report, suggesting that Bitcoin may be on the eve of the next "acceleration phase."
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A Brazilian court has approved the use of NFTs to serve subpoenas in the BWA Brazil bankruptcy case, one of the countryβs largest crypto frauds.
BWA is accused of defrauding investors of 11,200 BTC, worth approximately $900m, with the ruling targeting unidentified defendants via their Bitcoin wallets.
π± @Money π± Twitter
BWA is accused of defrauding investors of 11,200 BTC, worth approximately $900m, with the ruling targeting unidentified defendants via their Bitcoin wallets.
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π April 1, 2025 cryptocurrency news highlights
γCryptocurrencyγ
βοΈ The STABLE Act, introduced by Reps. Steil and Hill on March 26, 2025, aims to regulate dollar-backed stablecoins with a focus on transparency. Itβs aligning with the Senateβs GENIUS Act, which sets a dual federal-state oversight model for issuers. Minor differences remain on international issuers and state oversight, with SEC and CFTC input. Stablecoins, valued at $162 billion, are under increasing regulatory focus.
γEconomyγ
A Brazilian court has approved the use of NFTs to serve subpoenas in the BWA Brazil bankruptcy case, one of the countryβs largest crypto frauds.
γIndicatorsγ
π Stablecoin issuer Tether buys 8,888 Bitcoin worth $735 million as per on-chain data.
γMoreγ
Elon Musk Clarifies No Plans for the Government to Use Dogecoin
π± @Money π± Twitter
γCryptocurrencyγ
βοΈ The STABLE Act, introduced by Reps. Steil and Hill on March 26, 2025, aims to regulate dollar-backed stablecoins with a focus on transparency. Itβs aligning with the Senateβs GENIUS Act, which sets a dual federal-state oversight model for issuers. Minor differences remain on international issuers and state oversight, with SEC and CFTC input. Stablecoins, valued at $162 billion, are under increasing regulatory focus.
γEconomyγ
A Brazilian court has approved the use of NFTs to serve subpoenas in the BWA Brazil bankruptcy case, one of the countryβs largest crypto frauds.
γIndicatorsγ
π Stablecoin issuer Tether buys 8,888 Bitcoin worth $735 million as per on-chain data.
γMoreγ
Elon Musk Clarifies No Plans for the Government to Use Dogecoin
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