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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⚠️ Microsoft has identified a new remote access trojan (RAT) targeting crypto wallets in Google Chrome!
🥷 This sophisticated malware named StilachiRAT steals credentials, digital wallet information, and clipboard data, posing a significant threat to users of popular wallet extensions like MetaMask, Coinbase Wallet, Trust Wallet, OKX Wallet, Bitget Wallet, and Phantom! 🙀
👀 StilachiRAT employs advanced evasion techniques, including clearing event logs and detecting virtual environments, making it difficult to analyze and detect.
To protect your assets, ensure your software is up-to-date, use strong, unique passwords, enable two-factor authentication, and be cautious of phishing attempts and untrusted downloads.
🥷 This sophisticated malware named StilachiRAT steals credentials, digital wallet information, and clipboard data, posing a significant threat to users of popular wallet extensions like MetaMask, Coinbase Wallet, Trust Wallet, OKX Wallet, Bitget Wallet, and Phantom! 🙀
👀 StilachiRAT employs advanced evasion techniques, including clearing event logs and detecting virtual environments, making it difficult to analyze and detect.
To protect your assets, ensure your software is up-to-date, use strong, unique passwords, enable two-factor authentication, and be cautious of phishing attempts and untrusted downloads.
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Trump to Sign Executive Orders – Market Turbulence Ahead? 🧐
Donald Trump is set to sign several executive orders at 19:30 UTC, according to Bloomberg. 👀
Given recent market reactions to his decisions, investors should brace for potential volatility, especially in crypto, which has been relatively calm in recent days. 📉📈
Will this shake up the markets again? Stay tuned!
Donald Trump is set to sign several executive orders at 19:30 UTC, according to Bloomberg. 👀
Given recent market reactions to his decisions, investors should brace for potential volatility, especially in crypto, which has been relatively calm in recent days. 📉📈
Will this shake up the markets again? Stay tuned!
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📉 The Bull Market Is Over?
🔎 CryptoQuant CEO claims that all on-chain metrics indicate the start of a bearish cycle, predicting 6–12 months of a bear market or sideways movement.
🔹 Standard Chartered has lowered its ETH target from $10,000 to $4,000, though they still believe Bitcoin could hit $200,000 in 2025.
What do you think?
👍 — Sideways market ahead
🐳 — More growth to come
🔎 CryptoQuant CEO claims that all on-chain metrics indicate the start of a bearish cycle, predicting 6–12 months of a bear market or sideways movement.
🔹 Standard Chartered has lowered its ETH target from $10,000 to $4,000, though they still believe Bitcoin could hit $200,000 in 2025.
What do you think?
👍 — Sideways market ahead
🐳 — More growth to come
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🚀 Bitcoin Ready to Soar?
Yesterday, spot Bitcoin ETFs saw a $274.6M net inflow —the largest since February 4. 💰
Maybe CryptoQuant’s CEO was wrong about the bear market? 🤔
🔹 Michael Saylor believes $80,000 is a historic entry point with no more risks. He says BTC is officially approved by the U.S. President and is poised for explosive growth.
💡 Bitcoin: The one asset the U.S. government won’t sell even if confiscated.
Yesterday, spot Bitcoin ETFs saw a $274.6M net inflow —the largest since February 4. 💰
Maybe CryptoQuant’s CEO was wrong about the bear market? 🤔
🔹 Michael Saylor believes $80,000 is a historic entry point with no more risks. He says BTC is officially approved by the U.S. President and is poised for explosive growth.
💡 Bitcoin: The one asset the U.S. government won’t sell even if confiscated.
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SEC Reconsiders Crypto Custody Rule Under New Leadership
Acting SEC Chair Mark Uyeda is directing staff to reexamine the crypto custody rule proposed under the Biden administration.👏
📝 The rule, initially pushed by Gary Gensler, would require investment advisers to store crypto assets with qualified custodians, raising concerns about limiting banking options for the sector.
This marks the second SEC policy review in a month under the Trump administration signaling a softer stance on crypto. 🔥
Acting SEC Chair Mark Uyeda is directing staff to reexamine the crypto custody rule proposed under the Biden administration.👏
📝 The rule, initially pushed by Gary Gensler, would require investment advisers to store crypto assets with qualified custodians, raising concerns about limiting banking options for the sector.
This marks the second SEC policy review in a month under the Trump administration signaling a softer stance on crypto. 🔥
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📈 Glassnode: Long-term Bitcoin holders are actively accumulating! In just one month, nearly 170,000 BTC were purchased!
🔎 This indicates strong confidence in Bitcoin's future, with long-term investors increasing their positions despite market fluctuations. Looks like the trend is bullish! 🚀
🔎 This indicates strong confidence in Bitcoin's future, with long-term investors increasing their positions despite market fluctuations. Looks like the trend is bullish! 🚀
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