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Money & Crypto News

Bitcoin Drops Below $88,000

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Money & Crypto News

Key events happening in the U.S. in March include:

⚫️March 6: CFTC to hold a CEO Forum to discuss tokenized assets and the use of stablecoins as collateral in futures markets
⚫️March 7: White House to host its first-ever Crypto Summit
⚫️Week of March 10: Senate to review the GENIUS Act stablecoin bill, which seeks
⚫️March 21: SEC to hold the first of five planned roundtables with crypto industry representatives
⚫️A hearing is also expected on Paul Atkins' nomination as SEC chairman

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Circle CEO: USD Stablecoin Can Expand US Global Influence

According to FOX Business, as the first-ever White House crypto summit is set to take place later this week, investors are watching for any policy moves regarding cryptocurrency reserves.

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Trump Tariffs Could Plunge U.S. Economy into Stagflation, Forcing Fed to Consider Rate Hike‼️

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A certain whale has once again increased its holdings by 2,417 ETH, bringing its total position to 13,671 ETH acquired at an average price of $2,811.💣

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Mexican billionaire Ricardo Salinas, whose net worth is estimated to be around $5.8bn, has increased his liquid portfolio Bitcoin exposure to 70%. He said he owns only Bitcoin, gold, gold mining company stakes, and shares in his companies.

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President Donald Trump paused all military aid to Ukraine, following their clash last week. As of January 2025, the U.S. provided $65.9bn in military assistance since the full-scale invasion of Ukraine on February 24, 2022.

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In the past 24 hours, Bitcoin has seen a net outflow of $660 million, ranking first🕯

· SOL: $137 million
· ADA: $114 million
· XRP: $110 million
· TRUMP: $70.73 million

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Analyst: Bitcoin has shifted to a bearish trend, with market sentiment heavily influenced by macroeconomic factors📣💰

➡️ Read Here

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Money & Crypto News

🚨 CZ has reposted a security alert from GoPlus Security, warning that Ronaldinho’s STAR10 token has a critical security flaw that allows its creator to burn any holder’s tokens at will, posing a serious risk to investors.

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NEW: 🇨🇭 Swiss National Bank President Martin Schlegel dismisses calls for the central bank to hold Bitcoin, arguing that it is software “and we all know software can have bugs and other weak points.”

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Vietnam plans to draft a digital asset framework, expected to be submitted in March. This comes as part of the country's plan to boost economic growth by at least 8% in 2025.

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CZ: Trump Mentioned Strategic Reserves Will Include 'Other' Cryptocurrency, but No Need to Overinterpret👀

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President Trump revealed plans for a US "crypto reserve" featuring XRP, Solana, Cardano, Bitcoin, and Ethereum. The move aims to position the US as the "crypto capital of the world," causing a surge in asset prices. 🚀

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Bitcoin quickly rose to more than $87,000, and is now quoted at $86,745, up 2.32% in 24 hours 📈

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Polymarket predicts that the probability of the United States establishing a national Bitcoin reserve within the year has risen to 68%

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The U.S. Internal Revenue Service is drafting a plan to fire as much as half of its 90,000-person staff, aligning with President Donald Trump's push to downsize the federal government.

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The US Bitcoin Spot ETF saw a net outflow of $143.44 million & US Ethereum Spot ETF saw a net inflow of $15.86 million yesterday💰🔹

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Bybit hackers successfully laundered all 499,000 ETH in just 10 days, primarily using THORChain, which generated $5.5M in fees for the protocol.💰

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🗞 March 4, 2025 cryptocurrency news highlights

【Cryptocurrency】
The Australian government has announced that it has no plans for a strategic cryptocurrency reserve and is focusing on regulating digital asset platforms.

【Economy】
President Donald Trump paused all military aid to Ukraine, following their clash last week. As of January 2025, the U.S. provided $65.9bn in military assistance since the full-scale invasion of Ukraine on February 24, 2022.

【Indicators】
Mexican billionaire Ricardo Salinas, whose net worth is estimated to be around $5.8bn, has increased his liquid portfolio Bitcoin exposure to 70%. He said he owns only Bitcoin, gold, gold mining company stakes, and shares in his companies.

【More】
Bybit CEO: About 500,000 ETH Stolen Funds, 77% Traceable, 20% Laundered on Black Market, 3% Frozen

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Money & Crypto News

The Australian government has announced that it has no plans for a strategic cryptocurrency reserve and is focusing on regulating digital asset platforms.

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Bybit CEO: About 500,000 ETH Stolen Funds, 77% Traceable, 20% Laundered on Black Market, 3% Frozen

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Bitcoin briefly dropped below $83,000, currently trading at $83,184, with a 24-hour loss of 10.05%.🔽💰

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🕯 In the past 7 days, stablecoins(USDT&USDC) on Tron increased by $121M, and stablecoins(USDT&USDC) on Ethereum decreased by $652M.

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Money & Crypto News

🗞 March 3, 2025 cryptocurrency news highlights

【Cryptocurrency】
Binance will delist all non-MiCA compliant stablecoin trading pairs in the European Economic Area starting March 31. Affected stablecoins include USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC, and PAXG.

【Economy】
Vietnam plans to draft a digital asset framework, expected to be submitted in March. This comes as part of the country's plan to boost economic growth by at least 8% in 2025.

【More】
NEW: 🇨🇭 Swiss National Bank President Martin Schlegel dismisses calls for the central bank to hold Bitcoin, arguing that it is software “and we all know software can have bugs and other weak points.”

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Money & Crypto News

Binance will delist all non-MiCA compliant stablecoin trading pairs in the European Economic Area starting March 31. Affected stablecoins include USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC, and PAXG.

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Money & Crypto News

President Donald Trump’s AI and crypto czar, David Sacks, confirmed that he sold all his personal cryptocurrency holdings, including Bitcoin, Ethereum, and Solana, soon after Trump’s inauguration.

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The probability that the Fed will keep interest rates unchanged in March is 93%🫡

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Money & Crypto News

🗞 March 2, 2025 cryptocurrency news highlights

【Cryptocurrency】
Bitcoin quickly rose to more than $87,000, and is now quoted at $86,745, up 2.32% in 24 hours 📈

【Economy】
Ethereum's Vitalik Buterin supports calls to release crypto entrepreneur Roger Ver, who faces tax-related charges.

【More】
The quarrel between DOGE and the White House provoked public anger, and protesters appeared in more than 50 Tesla showrooms in the United States

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Tether and Circle have frozen at least 5 Bybit hacker-related addresses, intercepting $760,000 in funds

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