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📊 NEW: CryptoQuant CEO Ki Young Ju expects the next 6-12 months to be bearish or showing sideways price action as the Bitcoin bull cycle is over.
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🔥 BULLISH: CryptoQuant reports a steady decline in the number of short sellers on exchanges.
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🇰🇷 JUST IN: The Bank of Korea says it has not discussed nor reviewed including Bitcoin in its foreign exchange reserve and a cautious approach is needed to the matter, citing Bitcoin’s high volatility as a reason.
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Bitcoin whale bets $368M with 40x leverage on BTC decline ahead of FOMC
The crypto whale is up over $2 million on his short position, which faces liquidation if Bitcoin recovers above $85,592.
https://ct.com/e6j6
TON Society celebrates Pavel Durov leaving France as free speech win
The group reiterated its commitment to freedom of speech and promoting privacy-enhancing technologies that empower the individual.
https://ct.com/e6gf
⚡️ NEW: BNY Mellon, the oldest U.S. bank, is expanding services for Circle, allowing select clients to send and receive funds for $USDC transactions, boosting stablecoin adoption in traditional finance.
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🇦🇷 LATEST: Argentine lawyer has requested an Interpol Red Notice for LIBRA creator Hayden Davis, according to Argentine media reports.
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🚨 JUST IN: Binance secures a historic $2B investment from Abu Dhabi’s MGX.
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🇺🇸 JUST IN: SEC is looking to abandon plans requiring crypto firms to register as alternative trading systems.
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⚡️ NEW: The Cayman Islands now requires crypto custody and trading companies to obtain licenses under new regulations effective from April 1, 2025.
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📊 LATEST: Bitmex co-founder Arthur Hayes says Bitcoin falling to $80K is an ugly start to the week and could retest $78K resistance.
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Bitcoin risks weekly close below $82K on US BTC reserve disappointment
Bitcoin risks triggering $1.13 billion worth of cumulative leveraged long liquidations if it falls below the $82,000 price support.
https://ct.com/e4sr
Trump turned crypto from ‘oppressed industry’ to ‘centerpiece’ of US strategy
The White House Crypto Summit marked a “truly historic day at the White House,” according to Crypto.com CEO Kris Marszalek.
https://ct.com/e4p9
🇺🇸 CRYPTO CZAR: "Bitcoin is scarce, it’s valuable, and that is strategic for the United States to hold on to this as a long-term reserve asset."
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🚨 JUST IN: David Sacks stated that $ADA, $SOL, and $XRP were mentioned by Trump solely because they are among the top cryptocurrencies by market capitalization.
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🇺🇸 NEW: Trump’s SEC Chair nominee Paul Atkins inches closer towards becoming the SEC’s new leader, with a Senate hearing reportedly planned for March 27 according to Semafor’s Eleanor Mueller.
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🇫🇷 TODAY: Telegram founder Pavel Durov has returned to Dubai after months in France following a cybercrime investigation linked to the platform.
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Burning quantum-vulnerable BTC is the best option — Jameson Lopp
The Bitcoin community continues to debate whether allowing the recovery of lost BTC by hackers using quantum computers would be ethical.
https://ct.com/e6ku
Kaito AI and founder Yu Hu's X social media accounts hacked
The recent incident represents a more sophisticated attack that deviates from the classic scam of promoting fake tokens on social media.
https://ct.com/e6h9
Rising $219B stablecoin supply signals mid-bull cycle, not market top
A rising stablecoin supply can often signal incoming buying pressure from cryptocurrency investors.
https://ct.com/e6ef
🚨 JUST IN: Solana’s SIMD-0228 proposal to cut $SOL inflation by up to 80% has failed.
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🚨 LATEST: $ETH/$BTC hits its lowest level since May 2020.
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⚡️ INSIGHT: On February 4 and 6, Eric Trump posted on X, calling it a great time to buy Bitcoin and Ethereum, adding, “You can thank me later.”
Shortly after, $BTC and $ETH dropped around 20% and 30%, respectively—he later deleted his mention of gratitude.
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🗞 Catch up on the news over the last 24 hours!
🇺🇸 Utah’s Bitcoin bill has passed the state Senate but a section that would have authorized the state treasurer to invest in Bitcoin has been removed.
🚨 Bitmex co-founder Arthur Hayes says Bitcoin falling to $80K is an ugly start to the week and could retest $78K resistance.
🇨🇦 The Liberal Party of Canada has announced Mark Carney as Canada’s new Prime Minister, replacing Justin Trudeau. He once said that “the fixed supply rules of cryptocurrencies such as Bitcoin are serious deficiencies.”
⚡️Robinhood reaches a $29.75 million settlement with FINRA over multiple investigations concerning the company's compliance and supervision protocols.
🇪🇸 Spanish bank BBVA secures approval to offer Bitcoin and Ethereum trading.
🚨 Michael Saylor’s Strategy announces $21B ATM program to sell preferred stock, using proceeds for #Bitcoin acquisitions and corporate purposes.
🇹🇭 Thailand’s SEC approves Tether’s $USDT as an official cryptocurrency, trading and payment use starting March 16, 2025.
🔥 Coinbase CEO Brian Armstrong announced plans to hire 1,000 US employees in 2025, crediting Trump’s pro-crypto policies, following the administration’s inaugural Crypto Summit and executive order on a strategic Bitcoin reserve.
🚨 Elon Musk says there is a "massive cyberattack against X."
⚡️ The Cayman Islands now requires crypto custody and trading companies to obtain licenses under new regulations effective from April 1, 2025.
🚨 Tesla shares plunged 14%, marking their worst day since 2020, as the stock continues its seven-week losing streak and has lost over 50% of its value since December.
📊 The Crypto Fear & Greed Index has dropped to 17, indicating extreme fear in the market.
🚨 Ontario is raising electricity export tariffs to the U.S. by 25%, affecting Minnesota, Michigan, and New York.
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🚨 NOW: X (Twitter) is experiencing a major outage, preventing users worldwide from accessing the platform.
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🚨 NEW: Binance founder CZ on building lasting wealth in crypto.
“In crypto, too much money is spent chasing small, quick gains… big money is built slowly with stamina.”
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El Salvador acquired over 13 BTC since March 1, despite IMF deal
President Nayib Bukele shows no sign of abandoning the BTC treasury strategy as Bitcoin continues to gain international legitimacy.
https://ct.com/e4rx
🚨 Today: The U.S. Strategic Bitcoin Reserve will become a digital Fort Knox, Trump said at the first cryptocurrency summit.
The federal government holds approximately 200,000 Bitcoin, he stated.
The Treasury and Commerce Departments will explore ways to acquire additional Bitcoin reserves, Trump added.
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🇺🇸 LATEST: Jerome Powell indicated that the Federal Reserve will likely keep interest rates unchanged as it waits for more clarity on economic uncertainty driven by Trump administration policies.
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🚨 BREAKING: Nasdaq plans to launch 24-hour trading on equities exchange in the second half of 2026, pending regulatory approval.
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