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🇮🇸 Iceland's PM gives cold shoulder to crypto as miners search worldwide for cheap electricity: Reports Iceland's vast network of hydroelectric and geothermal plants have made the island nation the world's largest energy producer per capita. A robust crypto mining industry has also made it the world's foremost Bitcoin hashrate producer by the same metric. Yet when Prime Minister Katrín Jakobsdóttir looks to the future, she prefers to picture corn over crypto mining. Source t.me/Binance_Coinbase_Bybit

🇪🇺 Anonymous crypto wallets now illegal in the EU In a recent regulatory development, cryptocurrency payments of any size using unidentified self-custody crypto wallets are now effectively illegal in the European Union (EU). This decision is part of a set of new anti-money laundering laws (AML) in the continent. Notably, Dr. Breyer is a member of the European Parliament for the Deutsch Piraten Partei and one of the two leaders who opposed this approval. Gunnar Beck was the other Parliament member who voted against it, representing the Alternative for Germany (AfD) party. Source t.me/Binance_Coinbase_Bybit

💰 Cathie Wood doubles down on $1.5 million Bitcoin as institutional exposure looms Ark Invest CEO Cathie Wood said Bitcoin could be worth more than $1.5 million per coin if institutions allocate roughly 5% of their portfolios to the digital asset. The firm’s revised outlook, suggesting a potential surge in Bitcoin’s price beyond the $1.5 million mark, aligns with broader expectations for its integration into the global financial system. With major financial institutions yet to fully embrace Bitcoin, Wood anticipates further upward momentum in its value. Source t.me/Binance_Coinbase_Bybit

💰 Bitcoin on track for seven green months in historic performance streak Bitcoin is poised to achieve a rare feat, closing seven consecutive months with gains, as reported by Glassnode. This streak, initiated in September 2023, echoes a previous record set between March and September 2012, marking only the second occurrence of such a streak in Bitcoin’s history. Notably, the scale of value differs significantly between these periods. In 2012, Bitcoin’s value increased from $4.89 to $12.37, marking a substantial price appreciation of approximately 153%. Source t.me/Binance_Coinbase_Bybit

💰 Bitcoin (BTC) Price Recovers But Danger Still Looms: QCP Capital Bitcoin’s setback below $61,000 triggered a market-wide correction. Despite the inflow of fresh capital, the leading crypto asset registered 15% in weekly losses at one point after hitting new all-time highs earlier this month. QCP Capital’s analysis suggests that the Bitcoin bull market is far from over while simultaneously highlighting a continued liquidity rotation, which is likely to propel the asset to new highs post-halving. Having said that, a “violent” near-term correction due to lingering leverage might transpire. Source t.me/Binance_Coinbase_Bybit

⬜️ Crypto Exchange OKX to End Services in 🇮🇳 India Crypto exchange OKX notified clients in India that they have until the end of April to wind up their positions because it is ending its service in the world's most populous country as a result of local regulations. The notice – seen by CoinDesk – told the customers they need to close all margin positions, as well as positions in perpetuals, futures and options and withdraw all funds by April 30. Source t.me/Binance_Coinbase_Bybit

💰 Bitcoin rebounds to $68k after Fed decides to maintain rates as expected The US Federal Reserve announced on March 20 that it would keep interest rates steady at 5.25% to 5.5% — aligning with market expectations and easing concerns of a more aggressive tightening of monetary policy. Additionally, the Federal Open Market Committee (FOMC) maintained its projection for a rate cut within this year, signaling a cautious but optimistic outlook for the economy. Source t.me/Binance_Coinbase_Bybit

🥇 Bitcoin halving event now just a month away, expected to occur on 4/20 Bitcoin’s next halving event is now just a calendar month away with approximately 4,450 blocks to go, according to estimates from The Block’s Bitcoin Halving Countdown page. The estimated countdown is based on Bitcoin's average block generation time of 10 minutes, setting a potential date of April 20 at around 8 a.m. EDT at the current pace. Bitcoin’s next halving event will see the reward for miners on the network drop from 6.25 BTC to 3.125 BTC per block. Source t.me/Binance_Coinbase_Bybit

💰 Bitcoin’s realized profit hits ATH but market keeps accumulating Bitcoin breaks new ground, investors watch with bated breath, seeking signs of the market's next move. Among the metrics that offer insight into the cryptocurrency's economic underbelly, realized profit and realized cap stand out, providing a glimpse into the true profitability and valuation far beyond mere market prices. With realized profit hitting a staggering $3.51 billion in mid-March, marking an all-time high amidst Bitcoin's price rally, questions arise. Source t.me/Binance_Coinbase_Bybit

💰 Grayscale’s GBTC spot bitcoin ETF sees record $642.5 million daily outflow Grayscale’s converted GBTC spot bitcoin exchange-traded fund saw record daily outflows of $642.5 million on Monday — breaking the prior $640.5 million peak set on Jan. 22. Inflows of $451.5 million from BlackRock’s dominant IBIT ETF were not enough to help overcome GBTC’s outflows, leading to a total net outflow of $154.4 million yesterday for the first time since March 1, according to data from BitMEX Research. Source t.me/Binance_Coinbase_Bybit

🟠 Binance Personnel Cleared of Insider Trading Allegations in BOME Controversy Binance has cleared its personnel from the allegations surrounding Book of Meme (BOME), a meme coin built on the Solana blockchain. The move follows widespread discussions and allegations of possible insider trading associated with the “BOME rat warehouse” incident, prompting Binance to take swift action to address the matter. According to the statement, preliminary investigation results suggest that the individual implicated in the allegations has no affiliation with Binance. Source t.me/Binance_Coinbase_Bybit

📊 BTC and ETH Derivative Tokens Dominate by Securing Several Top Positions in the Crypto Economy Throughout this month, bitcoin and ethereum have risen to their highest valuations in years. These two pivotal crypto assets have substantially influenced the cryptocurrency market, with bitcoin currently holding a 51.9% market dominance and ethereum at 17% as of mid-March 2024. Furthermore, in recent years, derivative tokens of bitcoin and ether have garnered significant popularity. Among these, STETH and WBTC stand out as preeminent, ranking within the top 20 of the crypto economy’s market capitalizations. Source t.me/Binance_Coinbase_Bybit

💰 Bitcoin Miners Near Final Month Before Reward Halving Slashes Revenues There are 34 days left until the Bitcoin network’s halving event, expected on or around April 20, 2024, which will reduce miners’ rewards by half. Bitcoin’s price has remained above $60,000 throughout March, reaching close to $74,000 on March 14. Between onchain fees and the price increase, these factors could offset revenue losses from the halving for miners. However, the halving will make mining much less profitable, particularly for those with high operational costs, potentially leading some to cease operations. Source t.me/Binance_Coinbase_Bybit

🇳🇬 Nigeria Proposes Rule Requiring Foreign Crypto Exchanges to Incorporate in the Country According to the proposed amendments to the rules governing digital asset entities by the Nigerian Securities and Exchange Commission (SEC), a company “seeking to operate as a VASP [Virtual Asset Service Provider] must be incorporated and maintain an office in Nigeria.” The SEC also proposed that the CEO or managing director must reside in Nigeria. Foreign or non-residential operators targeting Nigerian users directly or through their agents will also be subject to the proposed rule changes, the regulator added. Source t.me/Binance_Coinbase_Bybit

🇺🇸 US Bitcoin ETFs are a ‘monumental milestone’ says Coinbase UK CEO, while ETNs in the UK are a ‘positive step’ The upcoming availability of crypto exchange-traded notes is a positive step forward for the UK, according to Coinbase UK CEO Daniel Seifert. Seifert said that he discussed crypto ETNs with the UK’s Economic Secretary to the Treasury Bim Afolami, who spoke at a recent Coinbase event. At the time, Seifert said how they would be helpful for the industry and for the UK as a crypto hub. Source t.me/Binance_Coinbase_Bybit

💰 Spot ETF net inflows slow as bitcoin retreats from latest all-time high On Thursday, the U.S. spot bitcoin ETFs saw their net inflows slow to the lowest level so far this month as bitcoin swiftly retreated after reaching its latest all-time high. Net inflows fell to $132.5 million yesterday, heavily impacted by $257.1 million in outflows from Grayscale’s converted GBTC fund, according to data from BitMEX Research. Total net inflows since spot bitcoin ETF trading began on Jan. 11 now stand at just under $12 billion — or over 211,000 in bitcoin terms. Source t.me/Binance_Coinbase_Bybit

💰 Bitcoin’s sudden price correction wipes out over $666 million from long traders in 24 hours 📉 Bitcoin experienced a heavy price correction during Asian trading hours, dipping to a multi-week low of under $66,000, which resulted in significant losses for traders betting on further price increases. Over the past weeks, the flagship digital asset, fueled by the buzz surrounding the spot Bitcoin exchange-traded funds (ETFs), had been on an upward trend that culminated in a new all-time high of $73,750 yesterday, Mar. 14. Source t.me/Binance_Coinbase_Bybit

💰 Solana market cap hits all-time high, price surges 10% amid memecoin fever Solana cryptocurrency’s market capitalization reached an all-time high of $81.1 billion on Friday morning in Asia, according to The Block’s Price Page. The market cap’s previous high was around $77.9 billion in November 2021. The price of Solana rose by 10% in the past 24 hours to $183.55 at around 9:30 a.m. Hong Kong time, while its all-time high price of $259.96 — recorded in November 2021 — remains distant. Source t.me/Binance_Coinbase_Bybit

🇳🇬 Nigeria ‘not yet one of its top markets’ says 🟠 Binance, despite high crypto adoption in African country Binance said Nigeria is not one of its top markets amid recent issues with authorities in the African country. Over the past weeks, Binance and the Nigerian authorities have been engaged in an acrimonious dispute over its operations in the region. The conflict reached a boiling point when authorities accused Binance of manipulating the local fiat currency, leading to the detention of two senior executives from the exchange. Source t.me/Binance_Coinbase_Bybit

💰 Bitcoin Could Drop to $58K as Cool-Off Period Is Imminent, Swissblock Says Bitcoin (BTC) has been climbing ever-higher over the past month, notching new all-time highs on the way with every dip bought up quickly, but the largest crypto may be poised for a cool-off phase, analysts warned. Digital asset analytics firm Swissblock said in a note on Wednesday that bitcoin nearly doubled in price from $38,000 in late January without any meaningful pullbacks, and a cooling period could be imminent. Source t.me/Binance_Coinbase_Bybit

🟠 Nigeria asks Binance for data on its top 100 local users: report Nigeria has asked Binance to submit information on its top 100 users in the country — and its entire transaction history for the last six months — in the latest development of the dispute between Nigerian authorities and the exchange, Financial Times reported Tuesday. The country’s national security adviser also reportedly requested the exchange to settle outstanding tax liabilities. Source t.me/Binance_Coinbase_Bybit

⬜️ OKX gets in-principle license approval in 🇸🇬 Singapore Cryptocurrency exchange OKX announced today that its Singapore subsidiary has received in-principle approval for a Major Payment Institution license from the Monetary Authority of Singapore. “Singapore is a priority market and we've been investing here for some time,” said Hong Fang, president of OKX, in a press release. “The in-principle approval from MAS is not only a validation of our commitment to date, but also an exciting opportunity for us to continue as a responsible contributor to the Singapore crypto ecosystem.” Source t.me/Binance_Coinbase_Bybit

💰 Grayscale files S-1 form to launch ‘mini’ GBTC spin-off for investors Grayscale filed an S-1 form on Tuesday with the U.S. Securities and Exchange Commission to register its new, mini version of its Grayscale Bitcoin Trust (GBTC), named the Grayscale Bitcoin Mini Trust. The mini trust — under the ticker symbol “BTC” — is intended to be a “spin-off” of GBTC, with new shares of the mini trust designed to be distributed to GBTC shareholders as GBTC contributes a certain amount of bitcoin to the trust, according to the S-1 filing. Source t.me/Binance_Coinbase_Bybit

💰 'Bitcoin Is Going to Eat Gold': MicroStrategy’s Michael Saylor Appearing on CNBC after his company on Monday announced the purchase of an additional 12,000 bitcoins (BTC), MicroStrategy (MSTR) Executive Chairman Michael Saylor said the crypto will be a much more valuable asset than gold in the future. “Bitcoin is certainly at least digital gold, it’s going to eat gold,” Saylor said, “It’s got all of the great attributes of gold and it’s got none of the defects of gold.” Source t.me/Binance_Coinbase_Bybit

🪙 Tether to launch USDT stablecoin on Celo blockchain Stablecoin issuer Tether is set to launch its token on Celo, an Ethereum virtual machine-compatible blockchain that is in the process of transitioning to an Ethereum Layer 2 network. Tether's Celo expansion will bring USDT to over a dozen blockchains, including Ethereum, Solana, Avalanche, Polygon, and Near. Last August, Tether discontinued support for the Kusama, Bitcoin Cash Simple Ledger Protocol and Omni Layer networks, citing a lack of demand, while redemptions on those networks will continue until August this year. Source t.me/Binance_Coinbase_Bybit

💰 Bitcoin transaction volume skyrockets as the halving approaches and miners cash in Bitcoin finally broke above its former all-time high price this past week, breaching $69,000 before mildly retreating. The run-up in price has led transaction volume to skyrocket on the network, and miners are cashing in on the increased activity. According to data from The Block, the seven-day moving average of transaction volume on the Bitcoin network has reached its highest level since September 2022, 18 months ago. Source t.me/Binance_Coinbase_Bybit

💰 Microstrategy's Bitcoin Portfolio Value Soars to $13.2 Billion, Marking a 116% Gain According to the latest figures, Microstrategy’s investment in bitcoin has doubled, showing a 116% increase after the cryptocurrency’s value experienced a significant rise this past week. The company, specializing in business intelligence, has acquired a total of 193,000 bitcoins at an expenditure of $6.122 billion, with the current market value of their holdings soaring to $13.226 billion. Source t.me/Binance_Coinbase_Bybit

🟠 Binance must face revived investor lawsuit in US over crypto losses A federal appeals court on Friday revived a lawsuit where investors accused Binance, the world's largest cryptocurrency exchange, of violating U.S. securities laws by selling unregistered tokens that lost much of their value. In a 3-0 decision, the 2nd U.S. Circuit Court of Appeals in Manhattan said investors in the proposed class action plausibly alleged that domestic securities laws applied because their purchases of tokens had become irrevocable in the United States once they paid for them. Source t.me/Binance_Coinbase_Bybit

🚀💥 BEST MEMECOINS SHOWDOWN: 2023 vs. 2024! 💥🚀 As we rocket through 2023, we've seen some serious contenders in the world of memecoins. From the rise of $FLOKI to the charm of $PEPE, it's been a wild ride! 🐕🚀 ➡️ Which memecoin do you think will take over in 2024? 🏆 Join the discussion, share your predictions, and let's navigate the wild world of crypto together. 📈🔮 ✅ Don't forget to FOLLOW us at @CryptoWorldNews for the latest updates, expert analysis, and insider insights into the crypto space. ✈️ @CryptoWorldNews 🌐

💰 Bitcoin sees violent volatility after hitting new ATH second time in a week Bitcoin hit a new all-time high for the second time this week and once again experienced a violent sell-off that erased its gains and stirred memories of past volatilities in the crypto space. However, the jubilation was short-lived as a wave of sell pressure engulfed the market, driving the price down by more than 3% to a low of $66,500 in less than an hour. The wider crypto market experienced similar volatility. Source t.me/Binance_Coinbase_Bybit

🪙 Ether Could Run to $10,000 or Higher This Year on Numerous Catalysts: Bitwise Ether (ETH) has been "largely overshadowed" by bitcoin (BTC) for the past several months, but the laggard could more than double in price in 2024, according to Juan Leon, crypto research analyst at asset manager Bitwise. "[Ether] could very well go above $8,000, $10,000 this year, maybe even higher," said Leon in an interview with CoinDesk Markets Daily. Source t.me/Binance_Coinbase_Bybit

🇺🇸 SEC pushes back timeline on BlackRock's spot bitcoin ETF options trading application The Securities and Exchange Commission is delaying a decision on whether to allow Nasdaq ISE, LLC to list and trade options on BlackRock's spot bitcoin exchange-traded fund until next month. The SEC said it was extending the time period to make a decision on whether to "either approve or disapprove, or institute proceedings" until April 24, according to a filing made on Thursday. Source t.me/Binance_Coinbase_Bybit

💰 Bitcoin accumulation phase ends as ETFs fuel new $100K BTC price target Bitcoin is ending a year-long accumulation spree that began at the end of the 2022 bear market, data suggests. Figures from on-chain analytics firm Glassnode show BTC in accumulation addresses declining for the first time since the first quarter of 2023. Bitcoin hitting all-time highs this week may have sparked an instant sell-off, but behind the scenes, hodlers are already busy taking profits. Source t.me/Binance_Coinbase_Bybit

📣 BlockFi reaches $875 million settlement with FTX, Alameda Research Bankrupt cryptocurrency lender BlockFi has reached a $874.5 million in-principle settlement with FTX and Alameda Research estates, according to a Wednesday bankruptcy court filing. Upon court approval of the settlement, BlockFi — which was hit by the collapse of FTX in 2022 and filed for Chapter 11 bankruptcy soon after — will receive a customer claim against FTX worth $185.2 million and a claim of $689.3 million from FTX’s sister trading firm Alameda Research, according to the filing. Source t.me/Binance_Coinbase_Bybit

💰 Bitcoin and gold broke new price records on the same day The new all-time highs marked the first time Bitcoin and gold hit new records simultaneously since the emergence of BTC. Bitcoin posted a new price record on March 5, breaking above $69,200 for the first time in history. The historic moment in the Bitcoin community coincided with successful developments in traditional financial markets, with gold reaching an all-time high on the same day. Source t.me/Binance_Coinbase_Bybit

🇺🇸 Binance.US Not Being Totally Forthcoming, SEC Complains in New Filing Cryptocurrency exchange Binance.US is not fully complying with the Securities and Exchange Commission's requests for information about its customers' assets and other matters, attorneys with the U.S. regulator alleged Tuesday in a court filing. In June, shortly after the suit was filed, Judge Amy Berman Jackson signed a consent order directing Binance.US to ensure it has control of its customers' assets and launching expedited discovery. Source t.me/Binance_Coinbase_Bybit

🟠 Binance cuts support for Nigerian naira amid regulatory dispute Binance will discontinue all services for Nigeria’s fiat currency, the naira, amid an ongoing regulatory conflict in the country. The crypto exchange will automatically convert naira balances to USDT from March 8 at 8:00 a.m. UTC but will cease support for deposits after 14:00 UTC today. Withdrawals will become unsupported after March 8 at 6:00 a.m. UTC. The conversion rate for automatic conversions will be 1 USDT per 1,515.13 naira, according to an announcement. Source t.me/Binance_Coinbase_Bybit

📈Crypto Stocks Surge as Bitcoin Approaches All-Time Highs U.S.-listed crypto companies showed healthy gains in pre-market trading on Monday as bitcoin {{BTC}} topped $65,000 for the first time since November 2021. With the world’s largest cryptocurrency's all-time high price of just over $69,000 firmly in its sights, crypto exchange Coinbase (COIN) gained over 6% while software company MicroStrategy (MSTR), which holds more than 190,000 BTC on its balance sheet, rose around 8.2% in pre-market trading. Source t.me/Binance_Coinbase_Bybit

🇰🇷 South Korea launches probe on Worldcoin as privacy concerns mount South Korea’s Personal Information Protection Commission has launched an investigation on Worldcoin after receiving complaints about the project’s collection of personal information, especially in scanning people’s irises in return for cryptocurrency. The authority said in a press release on Monday that it will examine Worldcoin’s collection, processing and potential overseas transfer of sensitive personal information. Source t.me/Binance_Coinbase_Bybit

🇺🇸 WSJ faces defamation lawsuit tied to Tether-Bitfinex article Over a year after alleging fraud and money laundering associated with Tether-Bitfinex, the Journal has now removed any mention of Christopher Harborne and his business from the article. The Wall Street Journal reportedly faces a defamation lawsuit for allegations made in an article published in 2023 describing illegal activities involving crypto firms Tether and Bitfinex. Source t.me/Binance_Coinbase_Bybit