Last night, ETH dropped below $2,000 for the first time since December 2023. 📉
Bitcoin, however, didn’t fall as low as two days ago when it hit $78,000. This time, it dipped to $81,500 before rebounding close to $89,000.
💬 DWF CEO on the Market:
🔹 "Don’t trust those predicting short-term moves. No one knows volatility."
🔹 "For mid-to-long term – buy spot and wait."
🔹 "Trading perps? Welcome to the $1B liquidated positions club haha."
Looks like the classic rollercoaster is back! Buckle up! 🎢
Bitcoin, however, didn’t fall as low as two days ago when it hit $78,000. This time, it dipped to $81,500 before rebounding close to $89,000.
💬 DWF CEO on the Market:
🔹 "Don’t trust those predicting short-term moves. No one knows volatility."
🔹 "For mid-to-long term – buy spot and wait."
🔹 "Trading perps? Welcome to the $1B liquidated positions club haha."
Looks like the classic rollercoaster is back! Buckle up! 🎢
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Binance to Shut Down P2P Cash Zone 🧐
📢 Binance has announced the closure of its P2P Cash Zone, a service enabling users to buy and sell crypto for cash via registered merchants. The feature will cease operations on March 31, 2025.
Why it matters?
▪️ Many traders rely on cash transactions due to banking restrictions.
▪️ The move raises concerns among users in regions with limited access to bank transfers or e-wallets.
Is Binance gradually scaling down its operations, or is this just another compliance-driven adjustment? 🤔
📢 Binance has announced the closure of its P2P Cash Zone, a service enabling users to buy and sell crypto for cash via registered merchants. The feature will cease operations on March 31, 2025.
Why it matters?
▪️ Many traders rely on cash transactions due to banking restrictions.
▪️ The move raises concerns among users in regions with limited access to bank transfers or e-wallets.
Is Binance gradually scaling down its operations, or is this just another compliance-driven adjustment? 🤔
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🔎 77% of Stolen Bybit Funds Tracked
Bybit’s CEO confirmed that 77% of the stolen funds have been tracked, 20% remain unaccounted for, and just 3% were successfully frozen. 🥶
📊 Key Data:
▪️ 83% (417,348 ETH, ~$1B) converted to BTC across 6,954 wallets (~1.71 BTC per wallet).
▪️ 72% (361,255 ETH, ~$900M) laundered via THORChain.
▪️ 16% (79,655 ETH) moved through ExCH.
▪️ 8% (40,233 ETH, $100M) passed via OKX Web3 proxy, with 16,680 ETH tracked and 23,553 ETH ($65M, 5%) untraced.
🏆 Bounty Rewards:
▪️ 11 participants assisted in freezing funds, top contributors: Mantle, Paraswap, ZachXBT.
▪️ $2,178,797 distributed to 11 bounty hunters.
How will this story unfold? Can Bybit recover more funds, or will the hackers escape?
Bybit’s CEO confirmed that 77% of the stolen funds have been tracked, 20% remain unaccounted for, and just 3% were successfully frozen. 🥶
📊 Key Data:
▪️ 83% (417,348 ETH, ~$1B) converted to BTC across 6,954 wallets (~1.71 BTC per wallet).
▪️ 72% (361,255 ETH, ~$900M) laundered via THORChain.
▪️ 16% (79,655 ETH) moved through ExCH.
▪️ 8% (40,233 ETH, $100M) passed via OKX Web3 proxy, with 16,680 ETH tracked and 23,553 ETH ($65M, 5%) untraced.
🏆 Bounty Rewards:
▪️ 11 participants assisted in freezing funds, top contributors: Mantle, Paraswap, ZachXBT.
▪️ $2,178,797 distributed to 11 bounty hunters.
How will this story unfold? Can Bybit recover more funds, or will the hackers escape?
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🚀 Ethereum Pectra Update Goes Live on Sepolia Testnet
🧑💻 Ethereum developers have successfully activated the Pectra upgrade on the Sepolia testnet—the final step before mainnet launch, expected in April.
🔹 Key improvements:
▫️ Account abstraction simplifies wallet management by allowing them to function temporarily as smart contracts.
▫️ Increased staking limit raises the validator cap from 32 to 2048 ETH, reducing network strain and improving node management.
Could this update finally give Ethereum the boost it needs in this bull cycle? 🤔
🧑💻 Ethereum developers have successfully activated the Pectra upgrade on the Sepolia testnet—the final step before mainnet launch, expected in April.
🔹 Key improvements:
▫️ Account abstraction simplifies wallet management by allowing them to function temporarily as smart contracts.
▫️ Increased staking limit raises the validator cap from 32 to 2048 ETH, reducing network strain and improving node management.
Could this update finally give Ethereum the boost it needs in this bull cycle? 🤔
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Trump to Reveal Bitcoin Reserve Strategy at Crypto Summit 👀
Donald Trump is set to unveil his Bitcoin reserve strategy at this Friday’s crypto summit.
Following the announcement, Bitcoin surged past $90,000, sparking excitement across the market. 🚀
However, caution is key – we've been misled before, so stay alert!
Donald Trump is set to unveil his Bitcoin reserve strategy at this Friday’s crypto summit.
Following the announcement, Bitcoin surged past $90,000, sparking excitement across the market. 🚀
However, caution is key – we've been misled before, so stay alert!
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Crypto soothsayer
🚨 Binance to Delist Non-MiCA Stablecoin Pairs on March 31 📆 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…
🚨 Tether USDt Custody & Transfers 'Not Restricted' Under MiCA, Says ESMA
The European Securities and Markets Authority (ESMA) confirmed that MiCA regulations do not explicitly prohibit the custody and transfers of non-compliant stablecoins like Tether USDt (USDT). 💵
While Binance plans to delist non-MiCA-compliant stablecoins in the EEA by March 31, it will still allow deposits and withdrawals of these tokens. 🧐
ESMA clarified that providing custody and transfer services for such stablecoins does not count as offering them to the public, meaning these services are not prohibited by MiCA. However, crypto services providers are advised to limit acquisition services for non-compliant tokens.
This adds to the ongoing confusion around MiCA and its impact on the crypto market. MiCA is still evolving, and industry experts continue to debate its full implications. 🤔
The European Securities and Markets Authority (ESMA) confirmed that MiCA regulations do not explicitly prohibit the custody and transfers of non-compliant stablecoins like Tether USDt (USDT). 💵
While Binance plans to delist non-MiCA-compliant stablecoins in the EEA by March 31, it will still allow deposits and withdrawals of these tokens. 🧐
ESMA clarified that providing custody and transfer services for such stablecoins does not count as offering them to the public, meaning these services are not prohibited by MiCA. However, crypto services providers are advised to limit acquisition services for non-compliant tokens.
This adds to the ongoing confusion around MiCA and its impact on the crypto market. MiCA is still evolving, and industry experts continue to debate its full implications. 🤔
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🇺🇸 Crypto Summit at the White House – What Will Trump Say?
A list of top crypto figures invited to the first-ever Crypto Summit at the White House has been revealed. The names are big, but the main intrigue remains—what will Trump announce?
🔹 Will a crypto reserve be confirmed? 🚀 → Moonbound!
🔹 Or will we be left hanging again? 📉 → BTC below $80K?
Big decisions ahead—stay tuned! ⏳🔥
A list of top crypto figures invited to the first-ever Crypto Summit at the White House has been revealed. The names are big, but the main intrigue remains—what will Trump announce?
🔹 Will a crypto reserve be confirmed? 🚀 → Moonbound!
🔹 Or will we be left hanging again? 📉 → BTC below $80K?
Big decisions ahead—stay tuned! ⏳🔥
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🇺🇸 Trump’s Company Buys Crypto Ahead of Summit 🤔
Donald Trump’s World Liberty Financial has added to its balance:
💰 $10M ETH | $10M BTC | $1.5M MOVE
And it just so happens that tomorrow is the crypto summit, where Trump is expected to confirm the creation of a crypto reserve that will include Bitcoin and Ethereum... 👀😁
Big moves ahead—stay tuned! ⏳🚀
Donald Trump’s World Liberty Financial has added to its balance:
💰 $10M ETH | $10M BTC | $1.5M MOVE
And it just so happens that tomorrow is the crypto summit, where Trump is expected to confirm the creation of a crypto reserve that will include Bitcoin and Ethereum... 👀😁
Big moves ahead—stay tuned! ⏳🚀
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Ripple Lobbied Trump for $SOL in Crypto Reserve to Boost $XRP! 🚀
Ripple’s leadership reportedly lobbied President Trump to include $SOL in the U.S. crypto reserve, aiming to make $XRP a more legitimate asset in the crypto community. 👀
Meanwhile, Cardano’s Charles Hoskinson claims he had no knowledge of $ADA being considered for the reserve. 🤔
Ripple’s leadership reportedly lobbied President Trump to include $SOL in the U.S. crypto reserve, aiming to make $XRP a more legitimate asset in the crypto community. 👀
💬 US Commerce Secretary Howard Lutnick: "Trump is interested in a strategic BTC reserve, while other crypto assets will be considered separately — positively, but differently."
Meanwhile, Cardano’s Charles Hoskinson claims he had no knowledge of $ADA being considered for the reserve. 🤔
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Solana Co-Founder: "The U.S. Shouldn’t Create a Crypto Reserve" 🧐
Anatoly Yakovenko believes a U.S. crypto reserve would harm the industry and suggests alternatives:
▪️ No reserve at all – Keeping decentralization intact means no government control over crypto.
▪️ State-level reserves – Each state managing its own crypto holdings could mitigate risks from Federal Reserve missteps.
▪️ Clear rules if it happens – Any reserve must have objective, measurable principles, allowing Solana to align with it.
Yakovenko also clarified he was not involved in lobbying for $SOL in Trump’s proposed crypto reserve. 🤷
Anatoly Yakovenko believes a U.S. crypto reserve would harm the industry and suggests alternatives:
▪️ No reserve at all – Keeping decentralization intact means no government control over crypto.
▪️ State-level reserves – Each state managing its own crypto holdings could mitigate risks from Federal Reserve missteps.
▪️ Clear rules if it happens – Any reserve must have objective, measurable principles, allowing Solana to align with it.
Yakovenko also clarified he was not involved in lobbying for $SOL in Trump’s proposed crypto reserve. 🤷
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📉 Bearish Sentiment on Ethereum at Yearly Highs
Santiment reports that bearish sentiment around Ethereum is at its highest in the past year, based on social media posts.
However, historically, markets often move opposite to crowd expectations. Could this be a sign that Ethereum is set for a rally despite the negative sentiment? 🤔
Santiment reports that bearish sentiment around Ethereum is at its highest in the past year, based on social media posts.
However, historically, markets often move opposite to crowd expectations. Could this be a sign that Ethereum is set for a rally despite the negative sentiment? 🤔
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The state of New York is taking a tough stance on crypto fraud with the introduction of bill A06515, aimed at criminalizing rug pulls and other fraudulent schemes in the crypto world. 🧐
A rug pull happens when token developers quickly withdraw liquidity, leaving investors with worthless assets.
📝 The bill, authored by Assembly member Clyde Vanel, seeks to amend the state's Penal Law to include penalties for crimes like fraud involving virtual tokens, private key theft, and rug pulls.
Offenders could face fines up to $5 million and prison sentences of up to 20 years. For corporations, penalties could reach $25 million. 🙀💰
This new legislation reflects the growing push to hold bad actors accountable in the crypto space.
A rug pull happens when token developers quickly withdraw liquidity, leaving investors with worthless assets.
📝 The bill, authored by Assembly member Clyde Vanel, seeks to amend the state's Penal Law to include penalties for crimes like fraud involving virtual tokens, private key theft, and rug pulls.
Offenders could face fines up to $5 million and prison sentences of up to 20 years. For corporations, penalties could reach $25 million. 🙀💰
This new legislation reflects the growing push to hold bad actors accountable in the crypto space.
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🚀 US Gov Sold the Dip—Lost $17B 🚀
David Sacks, Trump’s new Crypto Czar, says the U.S. government could’ve made $17B more if they just HODL’d their seized Bitcoin instead of panic-selling. 🤦♂️
Now, Trump wants to stop the sell-offs and turn the BTC stash into a national reserve. 🇺🇸💰
Meanwhile, the U.S. still holds 198,100 BTC (~$18.4B), but will they diamond-hand it or keep selling like a degen with paper hands? 🤔
David Sacks, Trump’s new Crypto Czar, says the U.S. government could’ve made $17B more if they just HODL’d their seized Bitcoin instead of panic-selling. 🤦♂️
Now, Trump wants to stop the sell-offs and turn the BTC stash into a national reserve. 🇺🇸💰
Meanwhile, the U.S. still holds 198,100 BTC (~$18.4B), but will they diamond-hand it or keep selling like a degen with paper hands? 🤔
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🇺🇸 JPMorgan: No XRP, SOL, and ADA in U.S. Crypto Reserve! 🚫
JPMorgan thinks a U.S. strategic crypto reserve has less than a 50% chance of approval—too many congressional hurdles. 🤷♂️
Even if it happens, XRP, Solana, and Cardano are likely out due to risk & volatility concerns. Only BTC & ETH stand a real chance.
Meanwhile, crypto markets are bleeding 📉—record ETF outflows, fading retail hype, and short traders piling in. Buckle up! ⏳
JPMorgan thinks a U.S. strategic crypto reserve has less than a 50% chance of approval—too many congressional hurdles. 🤷♂️
Even if it happens, XRP, Solana, and Cardano are likely out due to risk & volatility concerns. Only BTC & ETH stand a real chance.
Meanwhile, crypto markets are bleeding 📉—record ETF outflows, fading retail hype, and short traders piling in. Buckle up! ⏳
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Trump’s Bitcoin Reserve SCAM?! 🤯💰
✍️ Trump signed an executive order to create a "Strategic Bitcoin Reserve" and a "Digital Asset Stockpile"—exactly what crypto enthusiasts have been dreaming of. But here’s the catch…
🇺🇸 The reserves will be formed only from confiscated funds, meaning the U.S. government won’t be buying BTC from the market—at least for now.
📉 The market reacted instantly, with Bitcoin dropping 6% to $84K.
📊 Some analysts, however, see a silver lining: A U.S. Bitcoin reserve could push other states, countries, banks, pension funds, and asset managers to start stacking BTC. 🚀
✍️ Trump signed an executive order to create a "Strategic Bitcoin Reserve" and a "Digital Asset Stockpile"—exactly what crypto enthusiasts have been dreaming of. But here’s the catch…
🇺🇸 The reserves will be formed only from confiscated funds, meaning the U.S. government won’t be buying BTC from the market—at least for now.
📉 The market reacted instantly, with Bitcoin dropping 6% to $84K.
📊 Some analysts, however, see a silver lining: A U.S. Bitcoin reserve could push other states, countries, banks, pension funds, and asset managers to start stacking BTC. 🚀
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Crypto soothsayer
Trump’s Bitcoin Reserve SCAM?! 🤯💰 ✍️ Trump signed an executive order to create a "Strategic Bitcoin Reserve" and a "Digital Asset Stockpile"—exactly what crypto enthusiasts have been dreaming of. But here’s the catch… 🇺🇸 The reserves will be formed only…
💰 Will the U.S. return 112K BTC to Bitfinex? 🤔
The U.S. government holds 198,100 BTC, but only 86,000 BTC may go to the national Bitcoin reserve. The remaining 112,000 BTC—linked to the 2016 Bitfinex hack—could be returned to the exchange. 👀
⚖️ A January court ruling approved the return of 80% of the recovered BTC to Bitfinex, recognizing the exchange as the sole victim. The FBI seized 94,636 BTC in 2022 from convicted hacker Ilya Lichtenstein and his wife, Heather Morgan, who were found guilty of theft and money laundering.
📜 Importantly, Bitfinex will receive BTC, not fiat. Since the exchange compensated affected users, it remains the only claimant.
🚨 Will the U.S. follow through with the return, or will the BTC stay in government hands? Trump's administration remains silent.
The U.S. government holds 198,100 BTC, but only 86,000 BTC may go to the national Bitcoin reserve. The remaining 112,000 BTC—linked to the 2016 Bitfinex hack—could be returned to the exchange. 👀
⚖️ A January court ruling approved the return of 80% of the recovered BTC to Bitfinex, recognizing the exchange as the sole victim. The FBI seized 94,636 BTC in 2022 from convicted hacker Ilya Lichtenstein and his wife, Heather Morgan, who were found guilty of theft and money laundering.
📜 Importantly, Bitfinex will receive BTC, not fiat. Since the exchange compensated affected users, it remains the only claimant.
🚨 Will the U.S. follow through with the return, or will the BTC stay in government hands? Trump's administration remains silent.
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