๐ BTC Correction? Just Another Day in a Bull Cycle
CEO of CryptoQuant reminds us: 30% corrections are normal in a Bitcoin bull run. Back in 2021, BTC dropped 53% before hitting a new ATH. ๐ค
๐ Lesson? Selling in panic = rookie mistake. The worst strategy is buying high & selling low. Have a plan, stay patient.
๐ฐ BTC dipped to $82K overnight but has already recovered to $86K.
CEO of CryptoQuant reminds us: 30% corrections are normal in a Bitcoin bull run. Back in 2021, BTC dropped 53% before hitting a new ATH. ๐ค
๐ Lesson? Selling in panic = rookie mistake. The worst strategy is buying high & selling low. Have a plan, stay patient.
๐ฐ BTC dipped to $82K overnight but has already recovered to $86K.
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๐จ Fear Takes Over Crypto Markets
After BTCโs drop to $82K, the Fear & Greed Index plunged to 10/100โits lowest level since 2022. Extreme fear dominates, signaling high market panic.
๐ The last time we saw such lows was June 2022, following the Terra crash and major fund liquidations.
๐ History shows extreme fear can be a buying opportunityโwill it play out the same way this time?
After BTCโs drop to $82K, the Fear & Greed Index plunged to 10/100โits lowest level since 2022. Extreme fear dominates, signaling high market panic.
๐ The last time we saw such lows was June 2022, following the Terra crash and major fund liquidations.
๐ History shows extreme fear can be a buying opportunityโwill it play out the same way this time?
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๐ Bitcoin OversoldโRebound or More Pain?
For the first time since August 2024, Bitcoin ($BTC) has entered oversold territory. Last time, this triggered a 33% price surge!
๐ค Will history repeat itself? Or is there more downside ahead?
๐ป Trader Ali Martinez previously predicted a drop to $70K after BTC lost $92K support.
For the first time since August 2024, Bitcoin ($BTC) has entered oversold territory. Last time, this triggered a 33% price surge!
๐ค Will history repeat itself? Or is there more downside ahead?
๐ป Trader Ali Martinez previously predicted a drop to $70K after BTC lost $92K support.
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๐ Bitcoin Still Tracks M2 Money Supply?
According to Joe Consorti, BTC has been following M2 money supply with a ~70-day lag since Sept 2023. ๐ง
๐ If this correlation holds, Bitcoin could correct to $70K before staging a major rally.
๐ Patience might pay off!
According to Joe Consorti, BTC has been following M2 money supply with a ~70-day lag since Sept 2023. ๐ง
๐ If this correlation holds, Bitcoin could correct to $70K before staging a major rally.
๐ Patience might pay off!
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๐ฅท Hackers used a fake "GrassCall" meeting app to infect Web3 job seekers' devices with malware, draining their wallets.
๐ How it worked:
๐น Fake job listings on LinkedIn & CryptoJobsList
๐น "Interview" via Telegram with a fake CMO
๐น Victims downloaded GrassCall, which stole their credentials & crypto
๐ฐ Cybercriminals made hundreds of thousands per victim before the scam was exposed.
๐ How it worked:
๐น Fake job listings on LinkedIn & CryptoJobsList
๐น "Interview" via Telegram with a fake CMO
๐น Victims downloaded GrassCall, which stole their credentials & crypto
๐ฐ Cybercriminals made hundreds of thousands per victim before the scam was exposed.
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Michael Saylor spoke at the House Financial Services Committee, discussing Bitcoin, digital assets, and the U.S.'s path to global crypto leadership. ๐บ๐ธ๐
๐ He presented a Digital Assets Framework aimed at clear regulations and a strong market structure.
๐ก Key takeaways:
๐น Digital assets can drive frictionless payments & new capital access
๐น The U.S. aims to lead the global crypto industry
๐น Lawmakers plan to craft a legislative framework to support the sector
๐ Could this be a turning point for U.S. crypto policy?
๐ He presented a Digital Assets Framework aimed at clear regulations and a strong market structure.
๐ก Key takeaways:
๐น Digital assets can drive frictionless payments & new capital access
๐น The U.S. aims to lead the global crypto industry
๐น Lawmakers plan to craft a legislative framework to support the sector
๐ Could this be a turning point for U.S. crypto policy?
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๐ Bitcoin Dipped to $78K but Recovered to $80K! ๐จ
Massive liquidations hit the marketโover $600M in long positions wiped out in the last 12 hours (Coinglass).
Meanwhile, Bitcoin ETFs continue to see outflows, with $3.27B withdrawn over the past 7 trading days (SosoValue). ๐ซ๐ฐ
Volatility remains highโstay cautious!
Massive liquidations hit the marketโover $600M in long positions wiped out in the last 12 hours (Coinglass).
Meanwhile, Bitcoin ETFs continue to see outflows, with $3.27B withdrawn over the past 7 trading days (SosoValue). ๐ซ๐ฐ
Volatility remains highโstay cautious!
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๐ Bitcoin Consolidation Ahead? ๐ค
๐น CryptoQuant CEO expects BTC to range between $75K-$100K until fresh liquidity enters the market. He remains bullish, saying 30% pullbacks are normal, but a drop significantly below $75K would challenge his outlook.
๐น Meanwhile, Anthony Scaramucci predicts Bitcoin will hit $180K by year-end! ๐
It looks like market uncertainty is here to stay. ๐
๐น CryptoQuant CEO expects BTC to range between $75K-$100K until fresh liquidity enters the market. He remains bullish, saying 30% pullbacks are normal, but a drop significantly below $75K would challenge his outlook.
๐น Meanwhile, Anthony Scaramucci predicts Bitcoin will hit $180K by year-end! ๐
It looks like market uncertainty is here to stay. ๐
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Crypto soothsayer
๐ฆ MetaMask announces the launch of its own Mastercard crypto debit card. ๐ค
๐ฆ MetaMask Updates Logo & Launches Crypto Card Waitlist! ๐ณ
MetaMask refreshed its logo (donโt worry, the iconic fox is still there) and opened a waitlist for its new crypto card. Now, youโll be able to pay directly from your crypto balanceโjust like a regular card, but way cooler. ๐
Will this bring crypto payments to the masses? Time will tell! โณ
MetaMask refreshed its logo (donโt worry, the iconic fox is still there) and opened a waitlist for its new crypto card. Now, youโll be able to pay directly from your crypto balanceโjust like a regular card, but way cooler. ๐
Will this bring crypto payments to the masses? Time will tell! โณ
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๐ Bitcoinโs Newbie Baptism! ๐ธ
74% of all realized BTC losses come from traders who bought just a month ago.
They call it the "Newbie Baptism"โbecause in crypto, you donโt make money unless you learn to HODL through the pain. ๐๐
Welcome to the clubโyour diamond hands are still in training! ๐๐ฅ
74% of all realized BTC losses come from traders who bought just a month ago.
They call it the "Newbie Baptism"โbecause in crypto, you donโt make money unless you learn to HODL through the pain. ๐๐
Welcome to the clubโyour diamond hands are still in training! ๐๐ฅ
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๐ฌ CZ Encourages Crypto HODLers on Twitter! ๐
In a recent tweet, CZ (Binance CEO) shared some words of reassurance for struggling crypto enthusiasts:
โreferring to where the market is post-halving and after similar dips in past cycles. ๐ง
His message? Stay calmโcrypto markets have seen these lows before and bounced back. ๐
Itโs all part of the cycleโhold on tight, the rideโs not over yet! ๐๐
In a recent tweet, CZ (Binance CEO) shared some words of reassurance for struggling crypto enthusiasts:
โI donโt know how to read charts, but weโre hereโ
โreferring to where the market is post-halving and after similar dips in past cycles. ๐ง
His message? Stay calmโcrypto markets have seen these lows before and bounced back. ๐
Itโs all part of the cycleโhold on tight, the rideโs not over yet! ๐๐
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๐ Bitcoin Sell-Off: A Classic Breakout and Retest Setup? ๐
๐ต๏ธโโ๏ธ Analysts from CoinDesk suggest that Bitcoinโs recent drop could be part of a โbreakout and retestโ pattern, which historically leads to bigger rallies.
๐ Hereโs the idea: After breaking past resistance levels (like the $73,757 mark last November), Bitcoin may revisit that level for confirmation. If it holds, expect a potential bullish bounce and a new rally.
This pattern has worked beforeโjust look at Bitcoin's moves in 2020 and 2023. ๐
But beware: if the price fails to bounce, it could signal deeper declines. ๐ง
Is this the start of another rally? Only time will tell. โณ
๐ Read More on CoinDesk
๐ต๏ธโโ๏ธ Analysts from CoinDesk suggest that Bitcoinโs recent drop could be part of a โbreakout and retestโ pattern, which historically leads to bigger rallies.
๐ Hereโs the idea: After breaking past resistance levels (like the $73,757 mark last November), Bitcoin may revisit that level for confirmation. If it holds, expect a potential bullish bounce and a new rally.
This pattern has worked beforeโjust look at Bitcoin's moves in 2020 and 2023. ๐
But beware: if the price fails to bounce, it could signal deeper declines. ๐ง
Is this the start of another rally? Only time will tell. โณ
๐ Read More on CoinDesk
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๐ BNB Chain and TRON Lead in USDT Use ๐ธ
BNB Chain and TRON continue to dominate the stablecoin game, with 6.97M and 6.78M active addresses using USDT monthly. ๐
In 3rd place, we have Polygon with 1.39M active addresses, beating Ethereum (1.08M). Looks like the big chains are still leading the pack when it comes to stablecoin adoption! ๐
Which chain do you use for USDT?
๐ - Tron
๐ฅ - BNB
๐ณ - Ethereum
โก๏ธ - Polygon
๐ - Ton
๐ - Other
BNB Chain and TRON continue to dominate the stablecoin game, with 6.97M and 6.78M active addresses using USDT monthly. ๐
In 3rd place, we have Polygon with 1.39M active addresses, beating Ethereum (1.08M). Looks like the big chains are still leading the pack when it comes to stablecoin adoption! ๐
Which chain do you use for USDT?
๐ - Tron
๐ฅ - BNB
๐ณ - Ethereum
โก๏ธ - Polygon
๐ - Ton
๐ - Other
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๐ฅท Hackers Steal $480M in ETH from Bybit, Convert to Bitcoin!
Hackers behind the Bybit exchange attack have moved over 209,000 ETH (~$480M) into Bitcoin, with a large portion ($240M) swapped via ThorChain, a decentralized cross-chain protocol. โ๏ธ
Since the attack, more than 161,000 ETH (~$370M) have been transferred through 3,934 transactions. FBI and blockchain investigators blame North Korean hacker group Lazarus, known for laundering through DeFi protocols. ๐
The total stolen exceeds 400,000 ETH (~$1.4B at the time), though some funds were frozen. ThorChain saw record trading volumes of $737M, while validators tried to block transfers, but decentralization overruled their decisions. ๐คท
Bybit has offered a reward of 15% for help freezing or recovering the stolen funds.
Hackers behind the Bybit exchange attack have moved over 209,000 ETH (~$480M) into Bitcoin, with a large portion ($240M) swapped via ThorChain, a decentralized cross-chain protocol. โ๏ธ
Since the attack, more than 161,000 ETH (~$370M) have been transferred through 3,934 transactions. FBI and blockchain investigators blame North Korean hacker group Lazarus, known for laundering through DeFi protocols. ๐
The total stolen exceeds 400,000 ETH (~$1.4B at the time), though some funds were frozen. ThorChain saw record trading volumes of $737M, while validators tried to block transfers, but decentralization overruled their decisions. ๐คท
Bybit has offered a reward of 15% for help freezing or recovering the stolen funds.
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๐ Standard Chartered Predicts Further Bitcoin Drop to $69Kโ$76.5K
Standard Charteredโs Geoffrey Kendrick expects Bitcoin to fall to $69,000โ$76,500 by Monday, citing ETF outflows and hedge funds increasing short positions.
๐ป BTC dipped below $79K overnight and is now around $81.4K
๐ ETF outflows surged, with over $1B in redemptions on Tuesday
๐ Hedge fund short positions grew from $7.9B to $11.3B since November
Kendrick sees the dip as a buying opportunity but warns of possible panic selling if BTC continues to decline. Will history repeat itself, like in August 2024? ๐๐
Standard Charteredโs Geoffrey Kendrick expects Bitcoin to fall to $69,000โ$76,500 by Monday, citing ETF outflows and hedge funds increasing short positions.
๐ป BTC dipped below $79K overnight and is now around $81.4K
๐ ETF outflows surged, with over $1B in redemptions on Tuesday
๐ Hedge fund short positions grew from $7.9B to $11.3B since November
Kendrick sees the dip as a buying opportunity but warns of possible panic selling if BTC continues to decline. Will history repeat itself, like in August 2024? ๐๐
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๐ Bitcoin Hits $95K After Trumpโs Crypto Reserve Signals! ๐บ๐ธ๐ฐ
On March 2, Bitcoin surged to $95,000 following Donald Trumpโs hints at including SOL, XRP, and ADA in the U.S. crypto reserve alongside BTC and ETH. His advisor, David Sacks, suggested that Trump will address industry leaders on March 7. ๐
Despite a pullback to $91,600, market sentiment remains bullish. SOLโs rally could push CME to list futures for it, with ADA & XRP potentially following. However, some experts criticize Trumpโs multi-crypto approach, arguing Bitcoin should remain the primary reserve asset. ๐ฐ
๐ฅ The crypto community is watching closely as the U.S. moves toward strategic crypto holdings!
On March 2, Bitcoin surged to $95,000 following Donald Trumpโs hints at including SOL, XRP, and ADA in the U.S. crypto reserve alongside BTC and ETH. His advisor, David Sacks, suggested that Trump will address industry leaders on March 7. ๐
Despite a pullback to $91,600, market sentiment remains bullish. SOLโs rally could push CME to list futures for it, with ADA & XRP potentially following. However, some experts criticize Trumpโs multi-crypto approach, arguing Bitcoin should remain the primary reserve asset. ๐ฐ
๐ฅ The crypto community is watching closely as the U.S. moves toward strategic crypto holdings!
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๐จ Binance to Delist Non-MiCA Stablecoin Pairs on March 31
๐ Binance will remove trading pairs with non-MiCA compliant stablecoins for EEA users on March 31, 2025. Affected assets include USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC, and PAXG.
Users are advised to convert their holdings to USDC, EURI, or EUR in advance. Trading bots for these pairs will also be disabled. ๐คท
๐ Spot trading ends March 31
๐ Margin trading closes March 27
๐ Conversions will remain available via Binance Convert
๐ Binance will remove trading pairs with non-MiCA compliant stablecoins for EEA users on March 31, 2025. Affected assets include USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC, and PAXG.
Users are advised to convert their holdings to USDC, EURI, or EUR in advance. Trading bots for these pairs will also be disabled. ๐คท
๐ Spot trading ends March 31
๐ Margin trading closes March 27
๐ Conversions will remain available via Binance Convert
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๐ Bitcoinโs February Drop, but March Starts Strong!
February was one of Bitcoinโs worst months in history, falling -17%, disappointing bullish expectations. ๐คท
However, March has started strong (+9.3%), fueled by a historic $16,000 wick on the weekly chart. While the candle wasnโt fully bullish, such a long shadow could signal a potential reversal and a strong rally ahead.
Will March bring a major comeback? ๐
February was one of Bitcoinโs worst months in history, falling -17%, disappointing bullish expectations. ๐คท
However, March has started strong (+9.3%), fueled by a historic $16,000 wick on the weekly chart. While the candle wasnโt fully bullish, such a long shadow could signal a potential reversal and a strong rally ahead.
Will March bring a major comeback? ๐
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Eric Trump: the decision to announce the crypto reserve was genius! ๐ณ
Eric Trump criticized traditional finance, saying it must adapt to the 24/7 crypto industry or face extinction.
He praised Donald Trump's Sunday announcement of a U.S. crypto reserve, calling it a genius move that gave retail investors an edge while Wall Street slept. ๐ฅฑ๐
Is it just us, or does Eric Trump seem to be quietly mocking all of us? ๐ค
Eric Trump criticized traditional finance, saying it must adapt to the 24/7 crypto industry or face extinction.
He praised Donald Trump's Sunday announcement of a U.S. crypto reserve, calling it a genius move that gave retail investors an edge while Wall Street slept. ๐ฅฑ๐
"The world no longer runs on a Mon-Fri, 9 to 5 schedule!"
Is it just us, or does Eric Trump seem to be quietly mocking all of us? ๐ค
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Arthur Hayes Dismisses Trumpโs Crypto Reserve Plans! ๐จ
Arthur Hayes is skeptical about Trumpโs crypto reserve announcement, calling it โjust wordsโ until Congress approves the plan and secures funding. ๐
He argues that without congressional approval to borrow money or revalue gold, thereโs no way to purchase Bitcoin or altcoins. ๐ง
So, until the real action happens, Hayes isn't impressed. ๐คท
Arthur Hayes is skeptical about Trumpโs crypto reserve announcement, calling it โjust wordsโ until Congress approves the plan and secures funding. ๐
He argues that without congressional approval to borrow money or revalue gold, thereโs no way to purchase Bitcoin or altcoins. ๐ง
So, until the real action happens, Hayes isn't impressed. ๐คท
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๐Top 15 cryptocurrencies with a market capitalization of over $1 billion, showing the highest growth after Trump's announcement about adding altcoins to the US strategic reserves. ๐ฐ
The leaders were mainly US-based projects: ADA, XRP, CRO, SOL, ONDO, LINK, FET, ALGO, TRUMP, WLD, and RENDER.
Also included in the list are BTC and several exchange tokens: WBT, TKX, and BGB.
The leaders were mainly US-based projects: ADA, XRP, CRO, SOL, ONDO, LINK, FET, ALGO, TRUMP, WLD, and RENDER.
Also included in the list are BTC and several exchange tokens: WBT, TKX, and BGB.
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