π΅ US Crypto Reserve Gets a Boost from Gotbit CEO π
Almost six months ago, Gotbit CEO Andryunin was arrested for financial fraud involving cryptocurrencies. He faced up to 25 years in prison, but instead, it was announced that the US authorities would forfeit $23 million worth of his crypto assets. π°
This amount will likely be added to the US crypto reserve, which, as revealed earlier, is only replenished through confiscations, not government purchases.
It seems that now many crypto offenders might have a legal way outβcontribute to the "development of the US reserve" and walk free. But is this really a fair solution? π€
Almost six months ago, Gotbit CEO Andryunin was arrested for financial fraud involving cryptocurrencies. He faced up to 25 years in prison, but instead, it was announced that the US authorities would forfeit $23 million worth of his crypto assets. π°
This amount will likely be added to the US crypto reserve, which, as revealed earlier, is only replenished through confiscations, not government purchases.
It seems that now many crypto offenders might have a legal way outβcontribute to the "development of the US reserve" and walk free. But is this really a fair solution? π€
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π Pavel Durov has acquired an exclusive username on Telegram for Elon Musk.
In response, Elon congratulated the Telegram founder on reaching 1 billion active users. πΎ
π€ When asked about integration with Grok, Musk's AI, Durov confirmed it's happening.
Today, Telegram Premium users have access to the @GrokAI bot with no request limits.
Musk could become a valuable ally for Durov in expanding Telegram's presence in the US market. π§
In response, Elon congratulated the Telegram founder on reaching 1 billion active users. πΎ
π€ When asked about integration with Grok, Musk's AI, Durov confirmed it's happening.
Today, Telegram Premium users have access to the @GrokAI bot with no request limits.
Musk could become a valuable ally for Durov in expanding Telegram's presence in the US market. π§
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π Whales Are Accumulating Bitcoin Again!
IntoTheBlock reports that after nearly a year of decline, the balance of Bitcoin held by whales has increased by 62,000 BTC ($5.3B) in March. π°
This significant accumulation could be a sign of a trend reversal, indicating growing bullish sentiment among large investors. Keep an eye on the market! π
IntoTheBlock reports that after nearly a year of decline, the balance of Bitcoin held by whales has increased by 62,000 BTC ($5.3B) in March. π°
This significant accumulation could be a sign of a trend reversal, indicating growing bullish sentiment among large investors. Keep an eye on the market! π
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Crypto soothsayer
π The Bull Market Is Over? π CryptoQuant CEO claims that all on-chain metrics indicate the start of a bearish cycle, predicting 6β12 months of a bear market or sideways movement. πΉ Standard Chartered has lowered its ETH target from $10,000 to $4,000, thoughβ¦
π According to trader Plan B, the real Bitcoin bull market hasnβt even started yetβso a bear market is out of the question.
He considers the rise from $15K to the last ATH just an early bull market phase. Before a true bear market begins, there must be a distribution phase.
π His logic? No confirmed bull market = no bear market. π
Is Bitcoin still warming up for its biggest rally? π
He considers the rise from $15K to the last ATH just an early bull market phase. Before a true bear market begins, there must be a distribution phase.
π His logic? No confirmed bull market = no bear market. π
Is Bitcoin still warming up for its biggest rally? π
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π₯ In 2024, Tether became the 7th largest buyer of U.S. Treasury bondsβsurpassing Canada, Taiwan, Mexico, and several other countries. πΊπΈπ°
Stablecoins are playing an increasingly significant role in global finance. Whatβs next for USDT? π
Stablecoins are playing an increasingly significant role in global finance. Whatβs next for USDT? π
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Crypto soothsayer
π¨ Infini Crypto Bank Hacked for $50M! Hackers just drained $50M from Infini, according to SpotOnChain. While itβs nowhere near Bybitβs $1.4B disaster, the trend is getting scary. π¬ Another day, another crypto hackβwhoβs next? π₯
π₯· Hack or Insider Theft?
Hong Kong-based payment platform Infini lost nearly $50M USDC on Feb 24. Initially reported as a hack, the project now accuses its own developer of stealing the funds by transferring them from a multi-signature wallet to his personal account. π
Infini also fears he may gamble away the stolen assets. π²πΈ
Another reminder to always secure admin privileges in crypto projects! π
Hong Kong-based payment platform Infini lost nearly $50M USDC on Feb 24. Initially reported as a hack, the project now accuses its own developer of stealing the funds by transferring them from a multi-signature wallet to his personal account. π
Infini also fears he may gamble away the stolen assets. π²πΈ
Another reminder to always secure admin privileges in crypto projects! π
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π Bitcoin ETF Inflows Continue for 5th Day! π
Bitcoin spot ETFs saw $165.75M inflows yesterday, marking the 5th consecutive day of positive momentum! π°
πΉ BTC holding strong at $84K
πΉ Key support: $76K
πΉ Key resistance: $94K
These are the key levels for maintaining the bullish trend!ππ₯
Bitcoin spot ETFs saw $165.75M inflows yesterday, marking the 5th consecutive day of positive momentum! π°
πΉ BTC holding strong at $84K
πΉ Key support: $76K
πΉ Key resistance: $94K
These are the key levels for maintaining the bullish trend!ππ₯
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π³ Ethereum Whale Cashes Out After 8 Years! π
Spot On Chain detected a massive ETH whale moving after 8 years of holding! π
πΉ Transferred 34,125 ETH to Coinbase
πΉ Initial buy: March 2017 at $46.3 per ETH
πΉ Total profit: $65.66M (+4,156%) π°
But he clearly held on for too longβhe could have sold ETH for twice the price with little effort. π
Spot On Chain detected a massive ETH whale moving after 8 years of holding! π
πΉ Transferred 34,125 ETH to Coinbase
πΉ Initial buy: March 2017 at $46.3 per ETH
πΉ Total profit: $65.66M (+4,156%) π°
But he clearly held on for too longβhe could have sold ETH for twice the price with little effort. π
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π BTC at $87,000! Not a bad start to the week.
Michael Saylor say this is just the beginningβnext stop, $444,000? π€―
With $4.5 trillion in put options expiring last week, Michael Saylor believes BTC is set to rise. ππ₯
Are we moon-bound or just getting started? ππ
Michael Saylor say this is just the beginningβnext stop, $444,000? π€―
With $4.5 trillion in put options expiring last week, Michael Saylor believes BTC is set to rise. ππ₯
Are we moon-bound or just getting started? ππ
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π Arthur Hayes bets on $110K BTC!
According to him, BTC will hit $110K before dropping back to $76.5K. Why? π°π
The Fed is shifting from QT to QE, and tariffs? Meh, βtransitory inflationβ got it covered. π
Full breakdown coming in his next essayβuntil then, just HODL and enjoy the ride! π’π₯
According to him, BTC will hit $110K before dropping back to $76.5K. Why? π°π
The Fed is shifting from QT to QE, and tariffs? Meh, βtransitory inflationβ got it covered. π
Full breakdown coming in his next essayβuntil then, just HODL and enjoy the ride! π’π₯
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π Bitcoin ETFs are back in the green!
After five straight weeks of outflows, last week saw a $744.35M net inflow into spot Bitcoin ETFs. ππ°
Trend reversal or just a breather? π€
π SoSoValue Data
After five straight weeks of outflows, last week saw a $744.35M net inflow into spot Bitcoin ETFs. ππ°
Trend reversal or just a breather? π€
π SoSoValue Data
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π₯ Ethereum's On-Chain Activity Hits New Lows π
Ethereumβs daily ETH burn hit an all-time low, with just 53.07 ETH burned on Saturdayβsignaling a major slowdown in network demand. Active addresses, transaction counts, and on-chain volume have all declined, reaching levels not seen since October 2024. π€·
Impact:
βͺοΈLower ETH burn = weaker deflationary pressure.
βͺοΈStandard Chartered slashed its 2025 ETH price target from $10K to $4K, citing Layer 2 networks absorbing value.
Is Ethereum losing momentum, or is this just a phase? π€
Ethereumβs daily ETH burn hit an all-time low, with just 53.07 ETH burned on Saturdayβsignaling a major slowdown in network demand. Active addresses, transaction counts, and on-chain volume have all declined, reaching levels not seen since October 2024. π€·
Impact:
βͺοΈLower ETH burn = weaker deflationary pressure.
βͺοΈStandard Chartered slashed its 2025 ETH price target from $10K to $4K, citing Layer 2 networks absorbing value.
Is Ethereum losing momentum, or is this just a phase? π€
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Strategy Goes Big on Bitcoin Again! π
As soon as Bitcoinβs price surged, Michael Saylor went on another shopping spree! π€ͺMicroStrategy just bought 6,911 BTC for $584M at an average price of $84,529 per BTC.
πΉ Total holdings:506,137 BTC (~$44.3B)
πΉ New buy announced: Strategy.com
But the real question isβ¦ why not buy at $76K-$78K? π€
As soon as Bitcoinβs price surged, Michael Saylor went on another shopping spree! π€ͺ
πΉ Total holdings:506,137 BTC (~$44.3B)
πΉ New buy announced: Strategy.com
But the real question isβ¦ why not buy at $76K-$78K? π€
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π Ethereum Poised for a 65% Surge? π
Despite ETH dropping 50% in 3 months (from $4,100 to $1,750), analysts see a strong bounce to $3,400 by Juneβa potential 65% rally if historical trends hold. π₯
π Key drivers:
βͺοΈETH retesting major support that triggered past 2,000% & 360% bull runs π
βͺοΈBlackRockβs BUIDL fund now holds $1.145B in ETH, signaling strong institutional confidence π¦
βͺοΈWhales are accumulatingβbig holders (10K-100K ETH) increased their stacks by 28.73% π
The question isβwill we break through this key resistance level in this cycle? And if so, whatβs nextβ$5K, $7K, $10K? π₯Ή
Despite ETH dropping 50% in 3 months (from $4,100 to $1,750), analysts see a strong bounce to $3,400 by Juneβa potential 65% rally if historical trends hold. π₯
π Key drivers:
βͺοΈETH retesting major support that triggered past 2,000% & 360% bull runs π
βͺοΈBlackRockβs BUIDL fund now holds $1.145B in ETH, signaling strong institutional confidence π¦
βͺοΈWhales are accumulatingβbig holders (10K-100K ETH) increased their stacks by 28.73% π
The question isβwill we break through this key resistance level in this cycle? And if so, whatβs nextβ$5K, $7K, $10K? π₯Ή
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π Bitcoin Pullback After $88K Surge β What's Next? π
BTC corrected after hitting $88K, but the local trend remains bullish with a target of $90K. Bitcoin is already back above $87K. π
Key factors:
βοΈ Bitcoin ETF inflows are gradually recovering π
βοΈ Trumpβs tariff policy update (April 2) β no extreme hikes expected πΊπΈ
βοΈ Market reacting with cautious optimism β
Will BTC push back toward $90K+, or is more correction ahead? π€
BTC corrected after hitting $88K, but the local trend remains bullish with a target of $90K. Bitcoin is already back above $87K. π
Key factors:
βοΈ Bitcoin ETF inflows are gradually recovering π
βοΈ Trumpβs tariff policy update (April 2) β no extreme hikes expected πΊπΈ
βοΈ Market reacting with cautious optimism β
Will BTC push back toward $90K+, or is more correction ahead? π€
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π ETH/BTC Repeating 2015-2018 Pattern? π₯
Twitter is buzzing with speculation that the ETH/BTC chart is mirroring the 2015-2018 cycle. If true, the next target after this accumulation phase could be 0.07 BTC. π€
π Does this signal the start of Altseason? π€
Twitter is buzzing with speculation that the ETH/BTC chart is mirroring the 2015-2018 cycle. If true, the next target after this accumulation phase could be 0.07 BTC. π€
π Does this signal the start of Altseason? π€
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π According to Polymarket predictions, thereβs a 66% probability that Bitcoin will break $110K this year! π
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πΊπΈ Trump-Linked Company Launches Stablecoin on BNB Chain! π΅
Donald Trumpβs World Liberty Financial has deployed a stablecoin, USD1, on BNB Chain (πLookonchain).
β Wintermute publiv wallet has already conducted test transactions π
Donald Trumpβs World Liberty Financial has deployed a stablecoin, USD1, on BNB Chain (πLookonchain).
β Wintermute publiv wallet has already conducted test transactions π
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