⚖️ The prosecution has requested a sentence of 40 to 50 years in prison for FTX founder Sam Bankman-Fried.

Sentencing is scheduled for March 28th.
Damian Williams, the prosecutor for the Southern District of New York, noted SBF's refusal to admit guilt in what he called "likely the largest fraud of the last decade."

He also compared the defendant to Bernie Madoff, who was sentenced to 150 years in prison in 2009 for a financial scheme.

📊Traders anticipate continuation of bullish trend despite BTC decline

BTC dropped to $65,000, but traders anticipate the positive trend to continue. Bitcoin experienced a rise to $69,000 but failed to hold onto the new highs. Observers consider the correction normal and point to a healthy market.

👀According to CEO JAN3, Samson Mow, Bitcoin will reach $1 million "if not this year, then the next." Key factors: high demand ahead of the halving and capital inflows into ETFs.

On the night of March 17th, the first cryptocurrency dropped below $65,000. In the last 24 hours, the liquidation volume reached $620 million, of which $532 million were long positions.

The owner of the dog in a hat, which spawned the memecoin Dogwifhat, has put the original photo up for sale as an NFT.

The auction will last three days, the NFT price is 6.9 ETH (~$25,000).

Currently, WIF ranks 49th in market capitalization.

📊 19% of American voters (one in five), who will be voting in the upcoming presidential elections, have already invested in cryptocurrency.

The percentages are roughly the same across all political views.

📊 Santiment Activity Indicator (top activity growth over the last 3 months):

Active addresses: #CVC, #KNC, #LRC;
network growth: #CVC, #KNC, #LRC;
whale transactions: #CVC, #CVX, #KNC;
accumulation in wallets (cohort: $100K - $1M): #CVC, #CVX, #USDT;
social dominance: #LRC, #ZRX, #DOGE;
withdrawals from exchanges: #BTC, #LRC, #DAI
average age of investments in $: #ZRX, #CVC, #RPL;
consumption age: #Z

⚖️ The U.S. Securities and Exchange Commission has charged 17 employees of the financial pyramid CryptoFX. The amount of damage totaled $300 million.

CryptoFX deceived 40,000 investors in ten U.S. states and two other countries.

🌚How low can bitcoin go? The lowest traders can imagine is $45,000.

👀Bitcoin could fall to $45,000, but the market will remain bullish. Traders advise waiting for a correction and hunting for it to gain an advantage. Historically, bitcoin enters a correction phase 14-28 days before the halving.

👀Ripple: Loss of support could negate March's growth

Ripple (XRP) is losing ground, with the price falling amid a market correction. Liquidations amounting to over $4.47 million have dampened traders' spirits. Technical indicators are sending bearish signals, XRP could continue to fall to $0.606 and below.

🐋Whales are trying to minimize losses by accumulating assets. Addresses holding between 1 million to 10 million XRP have added over 50 million coins worth over $30 million to their wallets. If this influences XRP's trajectory, the altcoin will stop before breaking through the support line at $0.606 and attempt to start rising.

↘️A large transaction using the cryptocurrency Dogecoin (DOGE), made by an unidentified whale, has triggered a wave in the DOGE market.

🐋The whale quickly sold off 86 million DOGE, valued at approximately 14.12 million dollars, to the American broker Robinhood. This unexpected move significantly impacted the coin's price, which sharply fell by 8.8%, reaching a decline of more than 10% at one point in trading. Despite the price drop, trading volume remains high, exceeding yesterday's level by 28%, and Dogecoin still holds the seventh place in trading volume. While retail investors actively purchased DOGE and opened long futures positions, the actions of unidentified whales present a stark contrast. It remains unclear whether this significant sell-off is part of a broader trend or the decision of a single large investor.

📰The London Stock Exchange announced that it will start accepting applications for the admission of exchange-traded bonds backed by bitcoin and ethereum.

The exchange stated that it will begin accepting applications in the second quarter of 2024.

🔄The key difference between bitcoin, gold, and fiat in terms of mining difficulty and ease of movement:

🔸Gold - hard to mine, hard to move
🔸Fiat - easy to mine, easy to move
🔸Bitcoin - hard to mine, easy to move

And it happens every time 😂

2021, BTC $69,000: "I'm an idiot! Why didn't I buy it at $20,000?!"

2023, BTC $16,000: "LOL, I'm not buying this crap"

2024, BTC $69,000: "I'm an idiot! Why didn't I buy it at $20,000?!"

„Do not invest in bitcoins, they have no value. Invest in a reliable company, for example, in a bank"

Bank:

The most expensive NFT stone deal this year

It seems that laundering through NFTs and meme tokens has once again reached unprecedented heights.

Stones are now in price 😁

🆙Spot ETFs for BTC show positive dynamics for 31 out of the last 33 days.

Just yesterday, the net inflow exceeded $1 billion, allowing for the absorption of any sell-offs from miners, private investors, etc.

We are waiting for the opening of spot ETFs in Hong Kong and $100,000 per BTC.

🔄Cyclical analysis of BTC: peak at $155,000

Bitcoin reached a new historical high of $69,000, opening the opportunity for comparison with previous cycles. Analysis indicates that the next BTC price peak could occur between the end of April and the beginning of August 2025.

For the first time in history, the bitcoin price exceeded $70,000, analysts predict that the current cycle could increase the BTC price tenfold. The trading volume of spot Bitcoin ETFs surpassed the $100 billion level, confirming the growing interest in cryptocurrencies.

Analyst advises to prepare for a strong rise in Solana (SOL)

Solana (SOL) could start a massive bullish rally after a turbo bounce from an ascending triangle, believes the crypto analyst. The DEX volume on Solana reached $11.24 billion, and the price of SOL increased by 34% over the month.

🌪FinCEN is investigating cryptocurrency transactions worth $165 million, registered by American financial institutions, presumably linked to HAMAS.

In a report to Congress, the agency stated that it is examining reports of suspicious activity over the last three years to identify instances of support for militants before their attack on Israel on October 7, 2023.

📊 Alongside new highs for bitcoin, altcoins are also showing positive momentum, particularly in the areas of artificial intelligence and cat-themed meme tokens, according to the Bitfinex report.

👀The daily capital inflow into bitcoin reached $2 billion, noted well-known community researcher Willie Woo.

According to his observations, the indicator has reached parity with the previous cycle, but in the current one, the lion's share is attributable to ETFs. This means that the inflow should be even higher, Woo concluded.