📈 There is a significant divergence between the BTC price chart and the network’s hash rate.
Miners remain confident despite the price risks associated with market corrections.
This situation could be seen as a leading indicator for Bitcoin’s price, as substantial resources are being invested into coin production, suggesting that BTC might be undervalued. 👀
This divergence highlights miner optimism, which could signal a potential price surge once the market stabilizes. 🚀
Miners remain confident despite the price risks associated with market corrections.
This situation could be seen as a leading indicator for Bitcoin’s price, as substantial resources are being invested into coin production, suggesting that BTC might be undervalued. 👀
This divergence highlights miner optimism, which could signal a potential price surge once the market stabilizes. 🚀
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🇺🇸 Trump Family & Binance US Deal?
The Trump family is reportedly in talks to acquire a stake in Binance US, potentially through World Liberty Financial.
💬 Some speculate that a pardon for CZ could ease Binance’s return to the U.S. and help secure an EU license.
❗️ However, CZ has denied these claims, stating they are false.
The Trump family is reportedly in talks to acquire a stake in Binance US, potentially through World Liberty Financial.
💬 Some speculate that a pardon for CZ could ease Binance’s return to the U.S. and help secure an EU license.
❗️ However, CZ has denied these claims, stating they are false.
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Market in an Oversold Zone After a Strong Correction -
CryptoQuant 🚀
CryptoQuant 🚀
“Even without an additional sharp decline, the market has already been sufficiently lightened, making it a favorable zone for a potential upward move without the need for further significant drops.”
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Crypto soothsayer
💎 Lucky Solo Miner Strikes Gold! A solo miner with a home mining rig hit the jackpot last night, successfully mining block 887212 and earning 3.15 BTC (~$244,500). 🎰 The crazy part? Their mining rig runs at just 0.5 GH/s—an insanely small hashrate compared…
🧮 Infographic on Bitcoin Block Probability Based on Miner’s Hashrate
For example, on March 10, a solo miner hit the jackpot with a rig of just 0.48 TH/s. His chances? 1 in 1.6 billion – or about once every 31,240 years if mining non-stop! ⏳😱
For example, on March 10, a solo miner hit the jackpot with a rig of just 0.48 TH/s. His chances? 1 in 1.6 billion – or about once every 31,240 years if mining non-stop! ⏳😱
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Congress Moves to Lock In Trump’s Bitcoin Reserve Order 👀
📝 A new bill is set to hit the U.S. Congress, aiming to solidify Trump’s strategic Bitcoin reserve and digital asset fund, preventing future administrations from reversing it. The initiative, led by Rep. Byron Donalds, is part of the GOP’s push to end what they call the Democrats’ war on crypto. 🧐
Trump’s March 6 order transfers 200,000 BTC to the Treasury, bans their sale, and ensures the fund grows without taxpayer costs. If passed, this law could reshape crypto’s role in U.S. policy for years to come. 🚀🔥
📝 A new bill is set to hit the U.S. Congress, aiming to solidify Trump’s strategic Bitcoin reserve and digital asset fund, preventing future administrations from reversing it. The initiative, led by Rep. Byron Donalds, is part of the GOP’s push to end what they call the Democrats’ war on crypto. 🧐
Trump’s March 6 order transfers 200,000 BTC to the Treasury, bans their sale, and ensures the fund grows without taxpayer costs. If passed, this law could reshape crypto’s role in U.S. policy for years to come. 🚀🔥
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⚖️ A US bankruptcy court has allowed the liquidators of the defunct hedge fund Three Arrows Capital (3AC) to increase their claim against the collapsed crypto exchange FTX from $120 million to $1.53 billion. 💰
The liquidators initially filed the claim in June 2023, citing breach of contract and fiduciary duty, after discovering FTX held 3AC assets that were liquidated to settle $1.33 billion in liabilities in 2022. 👀
FTX had delayed sharing relevant documents, causing delays in the claim process.
Despite objections, the court ruled in favor of the liquidators, noting FTX’s failure to provide the necessary information. This move threatens FTX’s plan to compensate its users. 🤔
The liquidators initially filed the claim in June 2023, citing breach of contract and fiduciary duty, after discovering FTX held 3AC assets that were liquidated to settle $1.33 billion in liabilities in 2022. 👀
FTX had delayed sharing relevant documents, causing delays in the claim process.
Despite objections, the court ruled in favor of the liquidators, noting FTX’s failure to provide the necessary information. This move threatens FTX’s plan to compensate its users. 🤔
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Retail Bitcoin Holders Are Selling – 2020 Pattern Repeats! 📉🔥
Retail BTC holders (balances under 1 BTC) are selling off their coins, mirroring the capitulation pattern of late 2020. 👀
However, this time, they collectively hold 35% more BTC—a total of 1.75M BTC. Will history repeat itself this time? 🤔🚀
Retail BTC holders (balances under 1 BTC) are selling off their coins, mirroring the capitulation pattern of late 2020. 👀
However, this time, they collectively hold 35% more BTC—a total of 1.75M BTC. Will history repeat itself this time? 🤔🚀
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📉 Crypto & Stocks After Key Events
🔸 Jan 18: Trump launches his shitcoin— SOL hits ATH at $295 🚀
🔸 Feb 5: Trump announces 25% import tariffs—market starts sliding
🔸 Mar 7: BTC reserve approved—Bitcoin drops 10% since then.
Current drawdowns: Amazon -10.34%, BTC -13.07%, Nvidia -12.7%, Tesla -35.19%, SOL -29.84%, and ETH -42.19%. 🤷
ETH holders… stay strong. 🫡
🔸 Jan 18: Trump launches his shitcoin— SOL hits ATH at $295 🚀
🔸 Feb 5: Trump announces 25% import tariffs—market starts sliding
🔸 Mar 7: BTC reserve approved—Bitcoin drops 10% since then.
Current drawdowns: Amazon -10.34%, BTC -13.07%, Nvidia -12.7%, Tesla -35.19%, SOL -29.84%, and ETH -42.19%. 🤷
ETH holders… stay strong. 🫡
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🚀 Gemini Sets a Guinness World Record with 1,000 Drones!
Crypto exchange Gemini set a Guinness World Record by deploying 1,000 drones to create a glowing Bitcoin logo in the sky. The event, held on March 13 in Austin, Texas, celebrated the launch of a strategic crypto reserve in the U.S. 🇺🇸
Gemini, founded by the Winklevoss twins, recently had its SEC case dropped after regulatory shifts. Last summer, they donated $2M in BTC to Trump’s campaign, aiming to end Biden’s "war on crypto". 🔥
Crypto exchange Gemini set a Guinness World Record by deploying 1,000 drones to create a glowing Bitcoin logo in the sky. The event, held on March 13 in Austin, Texas, celebrated the launch of a strategic crypto reserve in the U.S. 🇺🇸
Gemini, founded by the Winklevoss twins, recently had its SEC case dropped after regulatory shifts. Last summer, they donated $2M in BTC to Trump’s campaign, aiming to end Biden’s "war on crypto". 🔥
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🚀 Did Pavel Durov leave France?
Several news channels on Twitter just reported that Pavel Durov has left France and flown to Dubai.
The market reacted instantly – TON jumped 15% 📈.
🗣 Now the question is: will this momentum continue, or is it just a local pump? 🤔
Several news channels on Twitter just reported that Pavel Durov has left France and flown to Dubai.
The market reacted instantly – TON jumped 15% 📈.
🗣 Now the question is: will this momentum continue, or is it just a local pump? 🤔
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📉 Short Sellers Retreating
CryptoQuant reports a steady decline in the cumulative volume of bearish taker orders on exchanges. 👀
This suggests that short sellers are gradually leaving the market, potentially indicating growing optimism or reduced bearish pressure. 🚫🐻
Could this be a sign of a market shift? 🤔🚀
CryptoQuant reports a steady decline in the cumulative volume of bearish taker orders on exchanges. 👀
This suggests that short sellers are gradually leaving the market, potentially indicating growing optimism or reduced bearish pressure. 🚫🐻
Could this be a sign of a market shift? 🤔🚀
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🇰🇵 Lazarus Group Holds $1.12B in BTC
Arkham reports that North Korea’s hacker group, Lazarus, controls 13,518 BTC (~$1.12B). This makes North Korea the third-largest state Bitcoin holder, trailing only the US and UK. 🤔
Does this mean North Korea already has a strategic Bitcoin reserve? 😁💰
Arkham reports that North Korea’s hacker group, Lazarus, controls 13,518 BTC (~$1.12B). This makes North Korea the third-largest state Bitcoin holder, trailing only the US and UK. 🤔
Does this mean North Korea already has a strategic Bitcoin reserve? 😁💰
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🚨 OKX Suspends DEX Aggregator Amid Hack & EU Scrutiny
OKX has temporarily suspended its DEX aggregator services after they were misused by the Lazarus group to launder funds from the $1.5 billion Bybit hack. 👀
This move comes as European regulators intensify their investigation into OKX’s DeFi services, which are under scrutiny for potential violations of MiCA rules.
OKX said the suspension was a proactive step to implement upgrades and prevent further misuse. The exchange also noted increasing competitive attacks on their platform.
Meanwhile, wallet services remain operational, but new wallet creation is paused in select markets. 🧐
OKX has temporarily suspended its DEX aggregator services after they were misused by the Lazarus group to launder funds from the $1.5 billion Bybit hack. 👀
This move comes as European regulators intensify their investigation into OKX’s DeFi services, which are under scrutiny for potential violations of MiCA rules.
OKX said the suspension was a proactive step to implement upgrades and prevent further misuse. The exchange also noted increasing competitive attacks on their platform.
Meanwhile, wallet services remain operational, but new wallet creation is paused in select markets. 🧐
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Crypto soothsayer
🇰🇵 Lazarus Group Holds $1.12B in BTC Arkham reports that North Korea’s hacker group, Lazarus, controls 13,518 BTC (~$1.12B). This makes North Korea the third-largest state Bitcoin holder, trailing only the US and UK. 🤔 Does this mean North Korea already…
🚨 Ethereum Hits Historic Shorting Highs!
Ethereum has reached an all-time high in short positions, raising speculation among analysts about two possible outcomes:
1️⃣ A cascade of liquidations could occur, leading to a sharp market shift.
2️⃣ A short squeeze might take place, forcing short sellers to cover their positions, driving prices up. 👀
Ethereum has reached an all-time high in short positions, raising speculation among analysts about two possible outcomes:
1️⃣ A cascade of liquidations could occur, leading to a sharp market shift.
2️⃣ A short squeeze might take place, forcing short sellers to cover their positions, driving prices up. 👀
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Pavel Durov confirmed his return to Dubai and thanked everyone for their support.
📈 On March 17, the price of the TON blockchain token reached $3.65, marking its highest point since February 24. The surge began after Durov's departure from France on the evening of March 15, with TON rising by 18% since then.
🔎 Market analysts attribute this growth to Durov's temporary permission to leave France, though they note that the criminal case against the Telegram founder is still open, creating uncertainty in the market. Will TON maintain its upward momentum? 👀
📈 On March 17, the price of the TON blockchain token reached $3.65, marking its highest point since February 24. The surge began after Durov's departure from France on the evening of March 15, with TON rising by 18% since then.
🔎 Market analysts attribute this growth to Durov's temporary permission to leave France, though they note that the criminal case against the Telegram founder is still open, creating uncertainty in the market. Will TON maintain its upward momentum? 👀
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📉 Standard Chartered Slashes ETH Price Target to $4K 👀
Standard Chartered has cut its 2025 ETH price target from $10K to $4K, blaming Layer 2 dominance—especially Base, which has allegedly drained $50B from Ethereum’s market cap. 💰
🕵️♂️ Analysts say Ethereum has “commoditized itself” by enabling Layer 2s to extract profits, while ETH’s fee structure struggles. Potential solutions? Tax L2s or economic reforms—but neither seem likely.
Despite the cut, ETH could still hit $7.5K by 2028-2029. Until then, ETH/BTC is expected to decline further. Is Ethereum in a midlife crisis? 🤔
Standard Chartered has cut its 2025 ETH price target from $10K to $4K, blaming Layer 2 dominance—especially Base, which has allegedly drained $50B from Ethereum’s market cap. 💰
🕵️♂️ Analysts say Ethereum has “commoditized itself” by enabling Layer 2s to extract profits, while ETH’s fee structure struggles. Potential solutions? Tax L2s or economic reforms—but neither seem likely.
Despite the cut, ETH could still hit $7.5K by 2028-2029. Until then, ETH/BTC is expected to decline further. Is Ethereum in a midlife crisis? 🤔
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Trump & Associates Secure $390M from WLFI Token Sale 💰👀
Trump and his partners have already netted $390M from the World Liberty Token (WLFI) sale, as the project raised $550M in total. Trump, though just a promoter, gets 75% of net revenues for his name and likeness. 😁
WLFI initially struggled, selling only $15M before the 2024 election. But after Trump won, demand skyrocketed—Justin Sun even bought in and became an advisor. 🧑💻
Meanwhile, questions arise about conflicts of interest as Trump’s administration shapes crypto regulations. Will this impact the market? 🤔
Trump and his partners have already netted $390M from the World Liberty Token (WLFI) sale, as the project raised $550M in total. Trump, though just a promoter, gets 75% of net revenues for his name and likeness. 😁
WLFI initially struggled, selling only $15M before the 2024 election. But after Trump won, demand skyrocketed—Justin Sun even bought in and became an advisor. 🧑💻
Meanwhile, questions arise about conflicts of interest as Trump’s administration shapes crypto regulations. Will this impact the market? 🤔
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