👉 Imminent Bitcoin Dip Predicted Amid Cooling Off, Swissblock Warns and More 🔹

Bitcoin Could Drop to $58K as Cool-Off Period Is Imminent, Swissblock Says
Bitcoin's rally shows waning momentum, underscored by a negative divergence between its price and the RSI momentum indicator, Swissblock analysts noted.
BTC could drop as much as 20% from current prices in the near term, but the uptrend will resume Swissblock forecasted.

Bitcoin rises despite stock retreat following hotter-than-expected inflation data | The Block
Bitcoin rally sustains despite wider market downturn following hotter-than-expected inflation data.

Grayscale sees 83% decrease in outflows as mini BTC ETF filing stems bleed | CryptoSlate
Grayscale Bitcoin Trust (GBTC) has experienced a potential shift in investor sentiment, as evidenced by the significant drop in outflows on March 12. The data reveals that outflows plummeted to just $79 million on this date, starkly contrasting the substantial outflows observed in the preceding weeks and months.

This is the source used by the Coindesk article (first in message) above!

Nothing rallies in a straight line. Not even #BTC

BTC has been on a tear. In late January BTC was at 38K. I early March it was at 72K.

No moves without a counter-move. And a counter-move seems to be near.

We observe Negative Divergence - as BTC has rallied into its highs in a 3-wave structure (a B-wave). Sentiment is hot at 89!

It is time for a COOLER.

We see BTC dropping to ~58-59K in its next move. But Top is NOT in 🚀

👉 Ethereum's Dencun Upgrade Revolutionizes L2 Scalability and More 🔹

Ethereum Activates Dencun Upgrade, Ushering New Era For Layer 2 Scalability - The Defiant
Dencun went live on March 13, paving the way for a significant reduction in the costs associated with transacting on Ethereum L2s by replacing gas-intensive calldata with lightweight Binary Large Objects (blobs) via EIP-4844 — also known as proto-danksharding.

Michael Saylor's MicroStrategy To Raise $500 Million To Buy More Bitcoin
MicroStrategy Incorporated (Nasdaq: MSTR) has revealed plans to raise $500 million to buy more bitcoin through a private offering of convertible senior notes due 2031. The offering, subject to market conditions, targets qualified institutional buyers under Rule 144A of the Securities Act of 1933.

Spot bitcoin ETF mania has fixed the Alameda liquidity gap | The Block
The spot bitcoin market is experiencing significant activity, with Monday recording the second-highest volume day for the ten issuers.

👉 Nigeria Demands Binance's Top 100 User Data: Escalation and More 🔹

Binance-Nigeria Brawl Continues as Country Asks Exchange to Submit List of Top 100 Users
Nigeria wants Binance to give information regarding its top 100 users in the country and all transaction history spanning the past six months.
Neither Gambaryan nor Anjarwalla have been charged with an offense but were being held “simply as hostages,” the FT reported.

Coinbase Wallet says it helped users save over $75 million in five months via Blockaid integration
Coinbase Wallet announced today that it integrated with Blockaid five months ago.
The integration has since helped its users save over $75 million from being stolen, Coinbase Wallet said.

Binance to Delist Multiple TrueUSD Trading Pairs – What's Going On?
Binance, the world’s largest cryptocurrency exchange, has announced its plan to delist multiple TrueUSD spot trading pairs as well as a couple of BNB pairs, its native currency.

👉 South Africa Set to License 60 Crypto Firms This Month and More 🔹

Court upholds SEC's unregistered securities claims against Gemini, Genesis' Earn program
A federal court denied crypto exchange Gemini and Genesis Global Capital’s joint motion to dismiss the SEC’s case regarding their defunct Gemini Earn program, according to a March 13 filing.

South Africa Is Poised to License 60 Crypto Firms by Month End: Bloomberg
South Africa's financial regulator intends to award licenses to 60 crypto firms by the end of the month, a Bloomberg report said.
Crypto companies had to apply to get license with the regulator from June 1.

Meme Coin Rise Historical Data Reignites Fears of Crypto Bubble Burst
Bloomberg says that meme coin's trading volumes are currently at levels last seen shortly before the last crypto bubble burst more than two years ago.
At present, Meme coins are capitalizing on the positive trend in the cryptocurrency industry and exhibiting significant growth potential.
However, after an all-time high level in 2021, the crypto market experienced one of its most dreadful moments.

👉 Solana's Dogwifhat Hits Vegas In Style, Surpasses Fundraising Target and More 🔹

Solana's dogwifhat (WIF) is Going to Las Vegas In Grand Style
dogwifhat is set to grace Las Vegas City's Skyline through the Sphere
The community's campaign to achieve this publicity stunt has garnered massive support
the campaign's fundraising has surpassed its planned target of $650,000

El Salvador drops income tax for foreign investments and remittances
The Legislative Assembly of El Salvador has approved a measure to reduce the income tax on foreign investments and remittances from 30% to 0% with no effective limits on the amount.

Aevo Airdrop Leaves Some Farmers Fuming as Token Debuts at $3B Valuation - The Defiant
More than $95 million worth of AEVO tokens were distributed by the perpetuals and options trading platform.

👉 Bitcoin Halving Expectations: Bullish Trend despite Upsurge in Selling Activity and More 🔹

1 Month Until the Bitcoin Halving: What to Look Out For
The Bitcoin halving, reducing mining rewards to 3.125 BTC, is set for between April 17 and April 20.
Concerns rise as miners and whales increase selling activity, potentially impacting Bitcoin's price.
Despite selling pressure, significant ETF inflows and historical trends suggest a bullish outlook for BTC.

Will the Bitcoin halving bring more institutional investors into crypto?
The Bitcoin ETFs appear to have opened many institutions’ eyes to Bitcoin as an alternate asset. Will the April halving accelerate the trend?

Cosmos DeFi boosted as 'rivals' Osmosis and Astroport collaborate on programmable liquidity pools
Cosmos-based decentralized exchange Astroport is set to deploy its passive concentrated liquidity (PCL) pools on Osmosis, the largest Cosmos-based DEX by volume, following successful governance votes on both platforms. This move marks an alignment between two of the most active DEXes in the Cosmos ecosystem, aiming to improve the overall trading experience and capital efficiency for users.

👉 PropyKeys Unveils Tokenized Real Estate on Ethereum Layer 2 and More 🔹

Tokenized Real Estate Project PropyKeys Announces Public Launch - The Defiant
PropyKeys, a tokenized real estate project deployed on Base, an Ethereum Layer 2 network, has opened its doors to the public.

Meme coins have 'strong relationship' with native networks like Solana: Franklin Templeton | The Block
Meme coins maintain a “strong” connection to their native networks, according to research published by the traditional financial institution Franklin Templeton.
The global asset manager pinpointed networks such as Solana, Ethereum, Arbitrum, Polygon and Optimism.

Blast stopped producing blocks following Ethereum’s Dencun upgrade - Blockworks
Following Ethereum’s Dencun upgrade, the Blast Mainnet stopped producing blocks.
Around an hour after the last block was produced, Blast said that the issue was resolved in a post on X.
“A full analysis on the issue will be shared shortly,” the team said in the post.

👉 NEAR Protocol's Surge: Riding the Narrative to New Highs and More 🔹

Crypto's AI Future could be NEAR | Bankless
NEAR Protocol has been one of the buzziest L1s this month and is up 74% in the last 30 days! What potent narrative has sent NEAR surging to new cycle highs, and which early play can you use to enhance your NEAR upside?

io.net adds Apple chip support to its cloud-based GPU-sourcing network
Recently launched decentralized physical infrastructure network (DePIN) io.net is set to onboard Apple silicon chip hardware for its artificial intelligence (AI) and machine learning (ML) services.

Ethereum Staking Protocol Swell Unveils Layer-2 Rollup With $1B Total Value Locked
Swell has launched a layer-2 restaking rollup alongside Ethereum scaler AltLayer and crypto staking project EigenLayer.
The rollup will take the form of a "restaked rollup", which comes with a range of services such as decentralized sequencing, verification and faster finality.
Restaking refers to a process on Ethereum where ether tokens that are deposited as security for the network can be repurposed to secure additional blockchains and protocols.

👉 Climate Physicist Advocates Bitcoin for Ecological Sustainability and more 🔹

Visa, Mastercard could be key drivers for crypto in the year ahead
Visa and Mastercard are both working on cryptocurrency initiatives, and could encourage more adoption if they offered crypto reward programs on a wider basis.

Climate physicist sees Bitcoin as a tool for ecological sustainability | CryptoSlate
Climate physicist Margot Paez reevaluates Bitcoin's environmental impact, advocating for its role in transitioning to a sustainable economic system.

Open Data: The Unfulfilled Promise of Blockchain
On-chain analytics platforms should strive to make their core data more accessible to all rather than arbitrarily gated, Flipside Crypto co-founder Jim Myers writes.

🔥 Tweet alert: El Salvador storing their Bitcoin in a cold wallet inside the country: Smart move
🔵 nayibbukele 🔵

👉 Unraveling the Mystery of Spot Bitcoin ETFs and More 🔹

How Spot Bitcoin ETFs Work: A Comprehensive Guide!
Bitcoin ETF news is everywhere, yet most of us crypto enthusiasts have very little understanding of their inner workings. Admittedly, it’s not that straightforward, but that's okay because we're here to demystify it all. Our goal? A concise, straightforward breakdown of what Bitcoin ETFs are and what actually goes on behind the scenes when buying or selling them.

Blockchain has lost its decentralized spirit - Blockworks
Decentralization must be the cornerstone, not a mere aspiration, of blockchain’s journey.

Dencun Will Make Ethereum Cypherpunk Again | Bankless
L2s are at the heart of Ethereum’s scalability plans. Yet, with Ethereum's price hitting $4,000 and a surge in activity on both Ethereum and L2s, users are feeling the pinch from high transaction fees. These fees make everyday onchain activities expensive, pricing out many users.

👉 Record Daily Trading Volume for BlackRock's Bitcoin ETF and More 🔹

BlackRock’s Bitcoin ETF sets daily volume record as BTC recoups slump
BlackRock’s spot Bitcoin exchange-traded fund (ETF) has notched another daily trading volume record as BTC dropped 6% from its daily high over the United States trading day.

Bitcoin Sells Off 3%; Is Macro Risk Returning to Market?
Bitcoin bulls so far this year have had a respite from having to pay attention to things like the economy and Federal Reserve monetary policy thanks to the overwhelming demand for the crypto from the new spot ETFs. For the moment, at least, that appears to be changing.

Over $300 million liquidated as $30 billion in leveraged shorts now cluster near $74k | CryptoSlate
Bitcoin (BTC) reached a new all-time high of $73,760 today, surpassing the previous record set just yesterday at $73,600. However, the top digital asset declined below $70,000 before rebounding to around $71,200 as of press time.

👉 El Salvador's Bitcoin Stash Nearly Doubles and More 🔹

Crypto gains recover to $38 billion last year after 2022’s $127 billion losses: Chainalysis | The Block
Crypto investors experienced a significant recovery from 2022, which saw estimated losses of $127.1 billion, according to Chainalysis.
Last year’s gains were lower than those of 2021, which may be because investors in 2023 were less likely to cash in on their crypto holdings, the report said.

Hong Kong’s central bank begins new phase of its CBDC pilot - Blockworks
According to a post on the central bank’s website Thursday, the next phase of the program will see where an e-HKD — Hong Kong’s potential future central bank digital currency — adds value through programmability, atomic settlement and even tokenization.

El Salvador Has Thousands More Bitcoins Than Previously Known
El Salvador moved more than 5,000 BTC into a cold wallet this week.
The disclosure by President Nayib Bukele nearly doubles the country's known stash of the digital asset.

👉 Gold and Bitcoin Rally: JPMorgan's Surprising Take and more 🔹

Bitcoin volatility becoming more focused at start of Wall Street trading week | CryptoSlate
Bitcoin prices appear to have exhibited an intriguing pattern of higher volatility on Tuesdays and Wednesdays since the launch of Bitcoin ETFs on January 11, 2024, per CryptoSlate analysis. While prices have tended to rise on Mondays, Tuesdays, and Wednesdays, there have been wilder intraday swings, with several V-shaped recoveries.

JPMorgan says bitcoin rally 'propagated' by retail and speculative institutional investors | The Block
The recent crypto rally has been “propagated” by investors purchasing both gold and bitcoin futures since February rather than by investors shifting from gold to bitcoin, according to JPMorgan analysts.

Qatar’s Sovereign Fund Might Be Buying Bitcoin, But Surely Not $500B Worth
Bitcoin maximalists like Max Keiser have spread rumors of a $500 billion BTC purchase by Qatar, which would be larger than the sovereign fund's current holdings.
The Qatar Investment Authority has denied investing. But, with BTC increasingly accepted on Wall Street, sovereign funds may add digital assets to their portfolios soon.

👉 Crypto Giants to Fuel UEFA Champions League: What's Next? and More 🔹

Craig Wright is not Bitcoin creator Satoshi Nakamoto, UK judge says - Blockworks
According to a COPA spokesperson, Justice James Mellor — who oversaw the case — declared that Wright isn’t the author of the Bitcoin white paper, never operated under Nakamoto’s pseudonym, didn’t create Bitcoin, and didn’t author the original versions of the network.

Poll: Crypto-owning voters lean towards Trump as their next president | The Block
Close to half of crypto owners plan to vote for presidential candidate Donald Trump in the upcoming elections, a poll from Paradigm found.

UEFA Searching For Crypto Exchange Sponsors For Champions League
UEFA, the governing body of European soccer, is looking to secure sponsors from the crypto exchange sector for the upcoming 2024-2027 cycle of its prestigious men’s Champions League (UCL) club competition.

👉 Justin Sun Stirs Waves with $480M ETH Deposit in Ether Fi and More 🔹

Tron Founder Justin Sun Fuels Ether Fi with Massive $480M ETH Deposit
A wallet linked to Justin Sun deposited 120,000 ETH, worth about $480 million, into Ether Fi, marking a significant event in the DeFi sector.
Ether Fi, after raising $23 million, is approaching $3 billion in total value locked, demonstrating its growing significance in the DeFi market.
The platform's collaboration with the Omni Network and the launch of its token are part of its strategic advancements.

Hong Kong adds Bybit to its list of suspicious crypto exchanges
Hong Kong’s Securities and Futures Commission (SFC) has added Bybit to its list of suspicious virtual asset trading platforms and issued a public warning about its unlicensed operations.
In a March 14 warning, the SFC said the platform is unlicensed and expressed concerns that Bybit has offered its products to Hong Kong investors.

North Korean Hackers Used Tornado Cash to Launder $12M From Heco Bridge Hack: Elliptic
North Korean hackers tied to its infamous Lazarus Group have used coin mixing service Tornado Cash to launder $12 million worth of ether (ETH) over the past 24 hours.

👉 Musk Teases Dogecoin Payment Option for Tesla, Market Reacts 🔹

EigenLayer teases mainnet's final roadmap before launch | The Block
After initiating a final testnet, which Eigen Labs said will be operational soon, EigenLayer will launch its mainnet.

zkSync welcomes AI data warehouse as latest addition to hyperchain - Blockworks
Space and Time (SxT), a decentralized data warehouse that uses artificial intelligence to train its data models, will be launching its network on a zkSync hyperchain.

DOGE Price Skyrockets as Musk Breaks Silence on Dogecoin for Tesla Payments
In a remarkable turn of events, the price of Dogecoin (DOGE) soared following Elon Musk's recent comments at the Tesla Giga Event in Berlin. Musk, the renowned billionaire entrepreneur, hinted at the possibility of accepting Dogecoin as a payment method for Tesla vehicles in the future.