💠 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

💰 Bitcoin Mining Revenue Jumps to $1.39 Billion in February Despite Fee Decline In February, bitcoin miners discovered a total of 4,446 blocks, amassing earnings of $1.39 billion, with $71 million of this sum coming from onchain transaction fees. The revenue from bitcoin mining in February rose by $40 million compared to January, though the amount collected from fees saw a decrease this month. Source t.me/Binance_Coinbase_Bybit

💰 Judge grants SEC’s deadline extension on Ripple case Judge Analisa Torres has approved a request from the Securities and Exchange Commission (SEC) to extend the deadline for filing a submission that could lead Ripple Labs’ case to an end. Court documents filed on March 1 granted the SEC an extension to file its remedies-related discovery materials submitted by Ripple. The extension allows the regulator to file its opening brief until March 22. The deadline for Ripple's opposition brief has also been extended to April 22, and the new deadline for the SEC to file a reply would be May 6, 2024. Source t.me/Binance_Coinbase_Bybit

💰 Craig Wright claims coincidence in timing of spoofed emails as DNS records altered yesterday The highly contentious COPA vs. Wright trial took a dramatic turn today as Craig Wright faced accusations of manipulating key evidence to support his claim of being Bitcoin’s pseudonymous creator, Satoshi Nakamoto. Reporting via the court live stream, CryptoSlate tuned in to hear Wright’s testimony in what is likely to be his final appearance. The day’s proceedings focused on emails allegedly sent between Wright and his former legal firm, Ontier LLP. These emails are pivotal in proving or debunking Wright’s longstanding assertion of Satoshi Nakamoto’s identity. Source t.me/Binance_Coinbase_Bybit

🏦 Coinbase stock hits multi-month highs despite platform glitch as trading volume surges Coinbase’s stock hit multi-month highs yesterday despite heavy web traffic causing a glitch on the crypto exchange as trading volume surged. Coinbase shares gained just 1% on Wednesday, but that was enough to close above the $200 mark for the first time since January 2022, according to TradingView. COIN traded for $200.80 by market close on Wednesday, up 58% over the past month. Source t.me/Binance_Coinbase_Bybit

🏦 Coinbase Adds 2 Software Programs for Ethereum Staking, to Reduce Concentration Risks Coinbase, the publicly traded U.S. crypto exchange, said it's moving to help reduce risks on the Ethereum blockchain by adding support for two additional computer programs known as "clients" that users rely on to access and run the distributed network. Ethereum is heavily reliant on users running the Geth execution client, currently representing about 74% of all clients. Source t.me/Binance_Coinbase_Bybit

BREAKING:🏦 Coinbase, $COIN, crashes with many users showing $0 balance as Bitcoin hits $64,000. t.me/Binance_Coinbase_Bybit

💰 Bitcoin Bulls Target $69K Lifetime Highs Ahead of Halving Euphoric sentiment, institutional buying demand, and historical gains linked to bitcoin’s (BTC) halving event are putting the asset on track to cross its lifetime highs of $69,000 in March, some traders say. Bitcoin halving has always been associated with bull rallies, with the asset’s prices increasing by several hundred percent in the months following previous events. Halvings happen about every four years and decrease the block rewards to miners. Source t.me/Binance_Coinbase_Bybit

💰 Skybridge Capital's Anthony Scaramucci on Warren Buffett Buying Bitcoin: 'Never Say Never' Anthony Scaramucci, the founder and managing partner of Skybridge Capital, has commented on the potential for Berkshire Hathaway, the holding conglomerate founded by Warren Buffett, to buy bitcoin. While acknowledging Buffett’s negative stance on crypto, Scaramucci believes it’s still a possibility. ‘Never say never,’ stated Scaramucci. Source t.me/Binance_Coinbase_Bybit

⬜️ OKX opens crypto exchange in Turkey, expanding its international footprint OKX officially launched a crypto exchange in Turkey on Tuesday as part of its international expansion plans. OKX TR offers Turkish Lira direct deposits and withdrawals as well as bilingual support in both Turkish and English, according to a statement shared with The Block. OKK’s web3 non-custodial wallet is also now available to Turkish customers via its global platform. Source t.me/Binance_Coinbase_Bybit

💰 GBTC records smallest outflow of $44 million since spot ETF conversion Bitcoin ETFs in the US have been an incredible success since their introduction on Jan. 11, as reported by CryptoSlate. In a notable development reported by BitMEX, the sector witnessed a strong inflow of $232 million on Feb. 23. Meanwhile, the Grayscale Bitcoin Trust (GBTC) outflows presented a different narrative. The fund recorded its smallest outflow since the commencement of trading at $44 million, hinting at a potential slowdown in outflows. The day before, GBTC saw an outflow of $56 million, which brings the total outflows to $7.4 billion. Source t.me/Binance_Coinbase_Bybit

💰 Riot Platforms Highlights Risks Associated With Upcoming Bitcoin Halving Event in Annual Report In its latest annual report, Riot Platforms, the publicly-listed bitcoin mining firm, outlines several significant risks that could impact its operations, including troubles in the broader crypto economy, potential decreases in onchain transaction fees, and the anticipated bitcoin halving event in April 2024. The company emphasizes the halving event’s potential to reduce mining rewards as a central concern for its future profitability. Source t.me/Binance_Coinbase_Bybit

💰 Grayscale continues Bitcoin sell-off on Coinbase with $175m transfer Crypto asset manager Grayscale has made a strategic move by transferring 3,443.1 Bitcoin, amounting to over $175 million, to an address associated with the Coinbase exchange. The transfer has sparked significant interest within the financial and cryptocurrency communities, as Grayscale has been known to influence market dynamics significantly. Source t.me/Binance_Coinbase_Bybit

🇺🇸 Legal Action Forces US Energy Department to Suspend Crypto Mining Investigation Following legal action initiated by Riot Platforms and the Texas Blockchain Council against the U.S. Department of Energy (DOE), the department’s statistical branch, the Energy Information Administration (EIA), has put a temporary hold on its bitcoin mining survey and quarantined the data gathered to date. Source t.me/Binance_Coinbase_Bybit

💰 Interest in Bitcoin Surges in 🇦🇺 Australia Following Spot BTC ETF Approval in the US: Study Following the Securities and Exchange Commission’s (SEC) approval of the first eleven spot Bitcoin Exchange Traded Funds (ETFs) in the United States last month, Australian retail interest in Bitcoin has experienced a surge. The development has grabbed Australian investors’ attention, with 34% acknowledging awareness of the news. This has increased confidence in Bitcoin, with 25% of locals holding a more positive view following the ETF approval. Source t.me/Binance_Coinbase_Bybit

🟠 Judge Signs Off on Binance's $4.3B Plea Deal With U.S. Prosecutors A federal judge has signed off on crypto exchange Binance's $4.3 billion plea deal with the U.S. Department of Justice. During a sentencing hearing Friday, Judge Richard Jones of the U.S. District Court for the Western District of Washington approved the top-line fine itself, though he did not yet sign off on any monitor for the exchange. Bloomberg first reported the news earlier Friday. Source t.me/Binance_Coinbase_Bybit

💰 Texas Blockchain Council including Riot file lawsuit against US Energy Department over Bitcoin miner survey Riot Platforms and the non-profit association, the Texas Blockchain Council (TBC), have initiated legal action against the US Energy Department and associated entities, such as the Energy Information Administration (EIA) and the Office of Management and Budget (OMB), concerning their recent move to survey Bitcoin miners. The EIA justified this survey, sanctioned by the OMB, as an emergency data collection measure, claiming that US miners accounted for approximately 2.3% of the nation’s total electricity demand in 2023. Source t.me/Binance_Coinbase_Bybit