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• Bitcoin whale bets $368M with 40x leverage on BTC decline ahead of FOMC

  16-03-2025 14:38 via cointelegraph.com
  A Bitcoin whale is wagering hundreds of millions on Bitcoin’s short-term decline, ahead of a week filled with key economic reports that may significantly impact Bitcoin’s price trajectory and risk appetite among investors.A large crypto investor, or whale, has opened a 40x leveraged short position for over 4,442 Bitcoin (BTC) worth over $368 million, which functions as a de facto bet on Bitcoin’s price fall.Leveraged positions use borrowed money to increase the size of an inves
  
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• OKX suspends DEX aggregator to stop ‘further misuse’ by Lazarus

  17-03-2025 06:09 via cointelegraph.com
  Crypto exchange OKX has temporarily paused its decentralized exchange aggregator to prevent “further misuse” by North Korean hacking collective Lazarus Group.“Recently, we detected a coordinated effort by Lazarus group to misuse our defi services,” said OKX on March 17.“After consulting with regulators, we made the proactive decision to temporarily suspend our DEX aggregator services. This move allows us to implement additional upgrades to prevent further misuse.&rd
  
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• Bank of Korea to take ‘cautious approach’ to Bitcoin reserve

  17-03-2025 04:45 via cointelegraph.com
  The Bank of Korea says it is taking a “cautious approach” to potentially including Bitcoin as a foreign exchange reserve.Officials from the Korean central bank said in a March 16 response to a written inquiry that they have not looked into a potential Bitcoin (BTC) reserve, citing high volatility. Responding to a question from Representative Cha Gyu-geun of the National Assembly’s Planning and Finance Committee, central bankers said that they have “neither discussed
  
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• Crypto platform Debiex must pay $2.5M in CFTC ‘pig butchering’ case

  17-03-2025 03:11 via cointelegraph.com
  Crypto platform Debiex has been ordered to pay around $2.5 million after it failed to respond to a US Commodity Futures Trading Commission suit accusing it of being a romance scam ring.Arizona federal court Judge Douglas Rayes on March 13 granted the CFTC’s earlier motion for summary judgment in its case and ordered Debiex to pay back around $2.26 million it stole from its customers, along with a civil penalty of nearly $221,500.Judge Rayes said there was no evidence that Debiex’s fa
  
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• Crypto users report new scam emails spoofing Coinbase, Gemini

  17-03-2025 02:54 via cointelegraph.com
  Crypto users have reported a rise in scam emails made to look like they’re from crypto exchanges Coinbase and Gemini that attempt to get users to set up a new wallet with pre-generated recovery phrases controlled by scammers.In several examples posted to X, the email claims to be from Coinbase, asking users to transition to self-custodial wallets and providing instructions on downloading the legitimate Coinbase Wallet, giving a deadline of April 1 to make the switch.Source: Steve Kaczynski
  
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• Bitcoin landfill man loses appeal, says he has one ‘last legal option’

  17-03-2025 01:34 via cointelegraph.com
  A UK man’s bid to obtain a permit to search a landfill for his hard drive — holding private keys to 8,000 Bitcoin — has been rejected by the UK Court of Appeals.“Appeal request to the Royal Court of Appeal: refused,” Howells said in a March 14 X post.“The Great British Injustice System strikes again… The state always protects the state,” the early Bitcoin adopter added before revealing his “next stop” would be the European Convention o
  
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• 640,000 Chainlink (LINK) Withdrawn From Exchanges In 24 Hours – Bullish Accumulation?

  16-03-2025 23:00 via newsbtc.com
  
  Chainlink (LINK) is currently trading below crucial resistance levels, which could trigger a strong rally if bulls manage to reclaim them. However, volatility and uncertainty have dominated the market since the start of the month, keeping LINK’s price action unstable.The token has seen wild price swings, moving from $17 down to $13, briefly rebounding to $16, and then collapsing to a low of $11.8. Bulls are now fighting to push LINK back above the $15 mark, but momentum remains weak, and t
  
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• Four suspects charged in home invasion of streamer Amouranth

  16-03-2025 22:54 via cointelegraph.com
  Four suspects were charged in connection with the home invasion of online streamer Amouranth, whose real name is Kaitlyn Siragusa. The streamer says she was held at gunpoint by several individuals demanding that she hand over the private keys to her crypto.According to Fox 26, the suspects include Dylan Nesho Campbell, Bryan Anthony Salazar Guerrero and two additional suspects between the ages of 16-17.Campbell and Guerrero were each charged with aggravated kidnapping and aggravated robbery with
  
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• Bitcoin Spot ETF Exodus Continues: $900 Million Outflows Extend Losing Streak

  16-03-2025 21:30 via newsbtc.com
  
  Following the last trading window, the US Bitcoin Spot ETFs have recorded another week of overwhelming net outflows with investors pulling over $900 million from the market. This development marks the fifth consecutive week of redemptions indicating weak market confidence among institutional investors of the premier cryptocurrency.
  Bitcoin Institutional Investors Withdraw For The Fifth Straight Week
  After a strong start to the year which saw the Bitcoin ETFs attract over $5 billion in investment
  
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• Burning quantum-vulnerable BTC is the best option — Jameson Lopp

  16-03-2025 20:48 via cointelegraph.com
  Jameson Lopp, the chief security officer at Bitcoin (BTC) custody company Casa, recently argued against allowing quantum recovery of lost BTC and said that burning these coins to protect the integrity of the protocol was the preferable option.According to Lopp, allowing individuals or institutions with quantum computers to recover lost coins violates the Bitcoin network's properties of censorship resistance, transaction immutability, and conservatism.In a March 16 article, the crypto executive w
  
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• Whales Accumulate Over 150 Million XRP In Just 48 Hours – Is A Rally Incoming?

  16-03-2025 20:00 via newsbtc.com
  
  XRP has finally found stability above crucial demand levels after enduring weeks of heavy selling pressure and market uncertainty. Despite the broader crypto market’s volatility, XRP remains within a long-term range, trading between its $1.90 low and the $3.40 all-time high.After gaining over 30% since last Tuesday, analysts are speculating about a potential breakout above critical supply zones. If XRP continues building momentum, it could soon challenge key resistance levels, setting the
  
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• Bitcoin reclaims $80K zone as BNB, TON, GT, ATOM hint at altcoin season

  16-03-2025 19:23 via cointelegraph.com
  Bitcoin (BTC) is struggling to break above the 200-day simple moving average ($84,000), but a positive sign is that the bulls have not ceded much ground to the bears. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to achieve a weekly close above $81,000 to signal resilience. Selling could accelerate if the price plummets below $76,000.Another cautious voice was that of Markus Thielen, head crypto researcher at 10x Research. Thielen told Cointelegraph that Bitcoin&rs
  
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• XRP Price Must Close Above This Level For Bullish Breakout, Analyst Warns

  16-03-2025 18:30 via newsbtc.com
  
  XRP has struggled to gain momentum, with its price caught in a downtrend since the beginning of March. Although XRP has managed to push up in the past five days after reaching a low of $1.93 on March 11, it has yet to fully recoup its losses in the first week of the month. The altcoin’s long-term prospects are still on bullish speculation, but its short-term price action has frustrated traders looking for signs of a breakout. Amid this stagnation, crypto analyst Egrag Crypto has outli
  
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• Free speech and online privacy: Pavel Durov's rise to the top

  16-03-2025 18:30 via cointelegraph.com
  Telegram founder and free speech advocate Pavel Durov was born on Oct. 10, 1984, in St. Petersburg, Russia, and demonstrated an early knack for computer science, culminating in the entrepreneur establishing several successful online social media platforms.While studying at Saint Petersburg State University, Durov became inspired by the success of the Facebook social media site and its founder, Mark Zuckerberg — eventually starting the social media platform VKontakte (VK) in 2006.VK is a pl
  
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• Can AI bots steal your crypto? The rise of digital thieves

  16-03-2025 17:05 via cointelegraph.com
  What are AI bots?AI bots are self-learning software that automates and continuously refines crypto cyberattacks, making them more dangerous than traditional hacking methods.At the heart of today’s AI-driven cybercrime are AI bots — self-learning software programs designed to process vast amounts of data, make independent decisions, and execute complex tasks without human intervention. While these bots have been a game-changer in industries like finance, healthcare and customer servic
  
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• Stellar (XLM) Price Could Surge To $0.38 — Analyst Explains How

  16-03-2025 17:00 via newsbtc.com
  
  After a turbulent start to the week, the Stellar price seems to be finding some stability, briefly climbing above the $0.28 level this weekend. This growing momentum has sparked interest from market enthusiasts, with prominent crypto analyst Ali Martinez projecting the XLM token to soon experience a sustained price rise.
  XLM Primed For 40% Price Gain 
  In an X post on March 15, Martinez shared an intriguing projection for Stellar price after rebounding off a crucial level. Martinez noted tha
  
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• Web3 has a metadata problem, and it’s not going away

  16-03-2025 16:00 via cointelegraph.com
  Opinion by: Casey Ford, PhD, researcher at Nym TechnologiesWeb3 rolled in on the wave of decentralization. Decentralized applications (DApps) grew by 74% in 2024 and individual wallets by 485%, with total value locked (TVL) in decentralized finance (DeFi) closing at a near-record high of $214 billion. The industry is also, however, heading straight for a state of capture if it does not wake up. As Elon Musk has teased of placing the US Treasury on blockchain, however poorly thought out, the
  
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• TON Price Jumps 20% Following Positive News On Telegram Founder

  16-03-2025 15:30 via newsbtc.com
  
  The TON price has reclaimed the $3 mark with an over 20% spurt on Saturday, March 15. This price spike was triggered by the news of a French court approving the departure of Telegram founder Pavel Durov from France.
  Telegram Founder Reportedly Cleared To Leave France
  According to a report on Saturday, Durov was granted permission by a French court to depart the country, where he faces several charges of enabling organized crime. One of AFP’s sources said that the Telegram founder had been
  
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• Best Presales to Explode After Trump’s WLFI Ends $590M Token Sale

  16-03-2025 15:06 via newsbtc.com
  
  Trump-backed crypto investment firm World Liberty Financial has raised $590M in the $WLFI token sale.
  The total token supply is capped at 100 billion. Out of this, 20% of the tokens (20 billion) were made available for sale in October at a price of just $0.015.
  The initial sale experienced slow demand. However, after the launch of $TRUMP and $MELANIA, the Trump family’s in-house meme coins, the $WLFI token sale also took off.
  The first round raised around $300M. Another 5 billion tokens we
  
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• Bitcoin gets $126K June target as data predicts bull market comeback

  16-03-2025 14:20 via cointelegraph.com
  Bitcoin (BTC) can hit new all-time highs by June this year if historical patterns repeat, network economist Timothy Peterson said.Data uploaded to X on March 15 gives BTC/USD around two-and-a-half months to beat its $109,000 record.April could spark 50% BTC price upsideBitcoin has declined 30% after topping out in mid-January. The extent of the drop is characteristic of bull market corrections, and Peterson keenly senses the potential for a comeback.“Bitcoin is trading near the low end of
  
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• Bitcoin To $10,000? Top Analyst Issues A Stark Warning

  16-03-2025 14:00 via newsbtc.com
  
  An analyst revealed on Friday that Bitcoin might suffer a 91% decline from the coin’s all-time high of $109,000 per coin in January 2025, suggesting that the most popular cryptocurrency could potentially crash. Mike McGlone believes that the firstborn crypto might plummet to a low of $10,000 per coin, reigniting concerns that Bitcoin might experience another deep correction similar to 2011 when Bitcoin dipped by as much as 92%.
  BTC To Crash To $10K?
  McGlone, a Senior Commodity Strateg
  
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• Libra, Melania creator’s ‘Wolf of Wall Street’ memecoin crashes 99%

  16-03-2025 13:50 via cointelegraph.com
  The creator of the Libra (LIBRA) token has launched another memecoin with some of the same concerning onchain patterns that pointed to significant insider trading activity ahead of the coin’s 99% collapse.Hayden Davis, the co-creator of the Official Melania Meme (MELANIA) and the Libra token, has launched a new Solana-based memecoin, with an over 80% insider supply.Davis launched the Wolf (WOLF) memecoin on March 8, banking on rumors of Jordan Belfort, known as the Wolf of Wall Street, lau
  
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• Toncoin in 'great entry zone' as Pavel Durov's France exit fuels TON price rally

  16-03-2025 13:07 via cointelegraph.com
  Toncoin (TON) has surged by over 50% in the past week, fueled by news that Telegram founder Pavel Durov has been granted permission to leave France for Dubai.TON/USDT weekly price chart. Source: TradingViewTON’s bullish reversal, especially after falling to $2.35, its lowest level in a year, has traders eyeing key price levels, with crypto analyst Crypto Patel highlighting a "great entry zone" for long-term investors.TON is eyeing a 100% rally in 2025As Crypto Patel notes, TON’s pric
  
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• Chainlink Price Could Run To $31 In The Next Leg Up — Here’s Why

  16-03-2025 12:30 via newsbtc.com
  
  The final months of a market cycle are usually characterized by exhilarating runs by various assets in the altcoin market — a period famously dubbed the “altcoin season.” Unfortunately, while the market cycle seems to have peaked, the story has been the opposite for this category of cryptocurrencies.
  Specifically, the Chainlink price has declined by more than 50% in the last three months, underscoring the dwindling climate of the crypto market. However, the future might not be
  
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• Forget Solana, XRP may flip Ethereum first amid 5-year high

  16-03-2025 12:05 via cointelegraph.com
  XRP (XRP) price versus Ether (ETH) reached its highest level in five years over the weekend, extending its recovery.On March 15, the XRP/ETH pair touched 0.00128 ETH for the first time since April 2020. That amounts to a 925% rebound when measured from its all-time low of 0.00013 ETH established in June 2024 and approximately 620% gains since November 2024, when Donald Trump won the US presidential election.XRP/ETH weekly price chart. Source: TradingViewXRP potential breakout versus ETHThe XRP/E
  
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• Bitcoin experiencing “shakeout” not end of 4-year cycle: analysts

  16-03-2025 11:09 via cointelegraph.com
  Bitcoin’s historic bull cycle is still intact, despite widespread investor fear over the current correction, which may only be a temporary “shakeout” ahead of the next leg up, according to crypto market analysts.Bitcoin’s (BTC) price is currently down 22% from its all-time high of over $109,000 recorded on Jan. 20, on the day of US President Donald Trump’s inauguration, Cointelegraph Markets Pro data shows.Despite investor sentiment dropping into “Extreme Fear
  
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• XRP $15 Breakout? Not A Far-Fetched Idea—Analysis

  16-03-2025 11:00 via newsbtc.com
  
  After dropping to less than $2 last March 11th, Ripple’s XRP springs back to life and it’s currently trading between $2.30 and $2.40. And with the US Securities and Exchange Commission vs Ripple case nearing its resolution, the market can expect more price volatility for this digital asset.
  Within this context, market analyst Ali Martinez boldly claims that Ripple’s native coin still have the legs to hit a two-digit figure this cycle, using an extensive symmetrical triangle for
  
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• Shiba Inu Burn Update: 99.44% Daily Burn Crash Could Spell Trouble For Meme Coin

  16-03-2025 09:30 via newsbtc.com
  
  Shiba Inu’s price action in the past 24 hours has been characterized by a brief recovery after hitting a low of $0.00001237. This 24-hour price recovery is part of a 15% recovery after Shiba Inu reached a low of $0.00001102 on March 11, which is its lowest point in over a year. In spite of the modest increase in price, a slowdown in a key Shiba Inu metric might threaten this price recovery that’s just beginning.
  This threat is revealed in the Shiba Inu burn rate, which has taken a ma
  
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• Cardano Is ‘About To Break Free’ – Breakout Above Crucial Supply To Trigger A Big Move–Analyst

  16-03-2025 08:00 via newsbtc.com
  
  Altcoins and Cardano have been caught in extreme market swings, with high volatility and panic-driven sell-offs dominating price action. Since the start of March, ADA has lost over 44% of its value, reflecting the broader negative sentiment surrounding altcoins as investors remain uncertain about the market’s next move.The entire crypto market has been under heavy selling pressure, and altcoins like Cardano have been hit the hardest. With fear gripping traders, ADA has failed to reclaim ke
  
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• Toncoin open interest soars 67% as Pavel Durov departs France

  16-03-2025 07:13 via cointelegraph.com
  Toncoin Open Interest (OI) has jumped 67% over the past 24 hours amid reports of Telegram founder Pavel Durov’s departure from France, where he had been required to stay since his arrest six months ago.On March 15, Toncoin (TON) OI  — a metric tracking the total number of unsettled Toncoin derivative contracts such as options and futures —  reached $169 million, representing a 67% increase from the previous day when the reports of Durov’s departure first surface
  
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