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Bitcoin Price Bid For $87,000 Sends Short Traders Running As Liquidation Losses Cross $110 Million The Bitcoin price surge toward $87,000 has ignited a wave of short liquidations, forcing bearish traders to close their positions at a loss. In the last 24 hours, the total market liquidation passed $200,000, with the majority of this loss coming from short positions. According to liquidation heatmaps from Coinglass, Bitcoin alone has accounted for $77.33 million in liquidations, with $67.04 million coming from short positions. This indicates that a large number of short traders expected BTC to decline but were forced to exit as prices moved against them and hit the $87,000 mark. https://bitcoinist.com/bitcoin-price-bid-for-87000/
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Trump's Policies Threaten US Dollar Dominance, Warns Economics Professor In a recent essay for the Financial Times that is heating up discussions in economic circles, Berkeley professor and author of Exorbitant Privilege: The Rise and Fall of the Dollar, Barry Eichengreen argues that President Donald Trump’s policies are significantly undermining the foundations of U.S. dollar dominance and international economic relationships. Eichengreen highlights concerns over America’s economic exceptionalism, noting a decline in the U.S. share of global exports and the potential negative impact of Trump’s tariff policies and unilateral sanctions on the dollar’s status. https://news.bitcoin.com/trumps-policies-threaten-us-dollar-dominance-warns-economics-professor/
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South Korea Eyes Sanctions For Unregistered Foreign Crypto Exchanges Operating Illegally South Korean financial authorities are considering sanctioning and blocking access to multiple overseas crypto exchanges, including BitMEX and KuCoin, for allegedly offering their services to Korean customers without registration. On Friday, local news media outlet Hangyung reported that South Korea’s Financial Intelligence Unit (FIU) of the Financial Services Commission (FSC) has identified multiple foreign crypto exchanges providing services to Korean customers without proper registration. The financial authority found that many well-known overseas crypto exchanges, including BitMEX, KuCoin, CoinW, Bitunix, and KCEX, have not registered as Virtual Asset Service Providers (VASPs) despite targeting Korean users. https://bitcoinist.com/south-korea-eyes-sanctions-for-unregistered-foreign-crypto-exchanges-operating-illegally/
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Trump Declares Vision For America As The ‘Undisputed Bitcoin Superpower’ President Donald Trump recently addressed the Blockworks Digital Asset Summit in New York City, outlining his ambitious aspirations to establish the United States as an important force in the cryptocurrency sector, with Bitcoin (BTC) at the forefront. During his speech, Trump proposed the creation of a national stockpile of Bitcoin along with legislative guidance aimed at fostering a supportive environment for the crypto industry. “We’re ending the last administration’s regulatory war on crypto and Bitcoin,” he declared, signaling a stark departure from the regulatory stance of the Biden administration, which has taken a more cautious approach towards cryptocurrencies. https://bitcoinist.com/trump-declare-america-undisputed-bitcoin-superpower/
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Solana Layer 2 Solaxy ($SOLX) has raised $27 million in its giant presale, underscoring the popularity of the go-to next-generation blockchain. Solaxy is gaining much attention for its plan to obliterate the congestion problems afflicting the Solana network. But Solana’s growing pains are not holding it back, and implementing Layer 2 scalability solutions like Solaxy can achieve much more. Solana ($SOL) is trading 1.7% higher at $133, as all major altcoins plus bitcoin trade in the green. Bitcoin is shifting up a gear to $85,741 in a 3.6% move. Among the Solana coins, a clutch has shown resilience over the past 24 hours. Dogwifhat ($WIF) is up 8.75% at $0.495, Fartcoin ($FARTCOIN) advanced 24% to $0.344, decentralized exchange native token Raydium ($RAY) is at $1.85 for a 10.8% gain, and SPX6900 ($SPX) is 7.6% higher to $0.437. https://99bitcoins.com/news/has-powell-just-set-bullrun-back-in-motion-fartcoin-leads-meme-revival-solx-blasts-27m-raised/
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UNI token holders approve $165.5 million in new foundation funding, laying groundwork for long-promised 'fee switch' The Uniswap community has voted in favor of two governance proposals to drive growth of the recently launched Unichain Layer 2 and Uniswap v4 protocols through a new grants program and other liquidity incentives. Notably, the governance decision lays the groundwork to activate the long-promised "fee switch." Both proposals, part of the "Uniswap Unleashed" plan, aim to expand the Uniswap ecosystem and mark "the beginning of our community's next era" by unlocking "new opportunities to build, grow and to create and capture value," the Uniswap Foundation wrote on the social media platform X. https://www.theblock.co/post/347172/uni-token-holders-approve-165-5-million-in-new-foundation-funding-laying-groundwork-for-long-promised-fee-switch
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Coinbase launches Verified Pools in select regions to provide more transparent onchain liquidity The crypto exchange Coinbase said on Tuesday that it had launched Verified Pools, a set of liquidity pools available only to those verified by the firm. Individuals and institutions in eligible locations in the United States, Singapore, Netherlands, British Virgin Islands, Cayman Islands, and the Channel Islands can use Coinbase's Verified Pools to offer safer and more transparent digital asset trading without intermediaries, according to the company release. Users can connect to the pools with the institutional-grade Prime Onchain Wallet, Coinbase Wallet or another wallet stamped with a Coinbase Verifications credential. https://www.theblock.co/post/346934/coinbase-launches-verified-pools-in-select-regions-to-provide-more-transparent-onchain-liquidity
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Hashdex Seeks to Add Solana, XRP and Cardano to Index ETF Holding Bitcoin and Ethereum Hasdex has asked the U.S. Securities and Exchange Commission to approve an amendment that would allow the digital asset manager to add XRP, Solana, Cardano and other major altcoins to its Hashdex Nasdaq Crypto Index US ETF (NCIQ), according to a filing with the regulator Monday. The fund, which currently focuses primarily on Bitcoin and tracks a smaller percentage of Ethereum, would also include Chainlink, Uniswap, Litecoin, and Avalanche. The filing comes as issuers have aimed to add coverage of altcoins in their crypto-tracking exchange-traded funds. In recent months, fund managers have proposed new investment offerings directly tracking the prices of a variety of cryptocurrencies, from Dogecoin to XRP, Solana, and even Donald Trump’s official meme coin. https://decrypt.co/310193/hashdex-solana-xrp-cardano-etf-bitcoin
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How To Pick Crypto Tax Software? If you interacted with crypto during 2024, a crypto tax software is a must-have tool for you to calculate your cryptocurrency gains and losses in this tax season. Cryptocurrency exchanges are different than traditional stock brokers like Fidelity or JPMorgan. These brokers issue a consolidated Form 1099-B listing all your annual proceeds, cost basis and gains/losses from stock transactions. However, crypto exchanges like Coinbase & Gemini are not required to issue such tax forms for the 2024 tax year. Therefore, the burden of properly calculating gains and losses to be reported on the tax return falls on you. (Note that crypto exchanges will be required to issue a Form 1099-DA starting the 2025 tax year) https://www.forbes.com/sites/shehanchandrasekera/2025/03/16/how-to-pick-crypto-tax-software/
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Cardano Is ‘About To Break Free’ – Breakout Above Crucial Supply To Trigger A Big Move–Analyst 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 key levels, leaving many wondering if further downside is ahead. However, some analysts believe that a recovery rally could be on the horizon. https://www.newsbtc.com/news/cardano/cardano-is-about-to-break-free-breakout-above-crucial-supply-to-trigger-a-big-move-analyst/
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'Very possible' Bitcoin consolidates for 8 months again: 10x Research 10x Research’s head crypto researcher isn’t ruling out Bitcoin repeating its 2024 price action, where it spent the majority of the year consolidating after hitting all-time highs early on. “Very possible,” Markus Thielen told Cointelegraph when asked what the chances of Bitcoin repeating a similar market movement to 2024. In March 2024, Bitcoin reached an all-time high of $73,679 before entering a consolidation phase, swinging within a range of around $20,000 up until Donald Trump was elected as US president in November. https://cointelegraph.com/news/bitcoin-consolidation-phase-repeat-2024-price-action-possible-crypto-analyst
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Circle plans to bring $900M money market fund under DABA license Circle plans to fully integrate its stablecoin USDC with USDY, making it “the preferred form” of yield-bearing collateral. Circle, the creator of stablecoin USDC, announced on March 13 plans to bring its Hashnote Tokenized Money Market Fund (TMMF) under Bermuda regulatory oversight through the company’s existing Digital Assets Business Act (DABA) license. Hashnote, which Circle acquired in January 2025, is the issuer of USDY, the largest tokenized treasury and money market fund with a total value locked (TVL) of $900 million, according to DefiLlama. The fund’s TVL has fallen from $1.9 billion as of Jan. 7. https://cointelegraph.com/news/circle-plans-to-bring-900-m-money-market-fund-under-daba-license
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Low Fees Are A Symptom Of Deeper Problems People tend to see low fee environments as a positive thing, a time to save money on using bitcoin. They are not. People tend to celebrate periods of low feerates. It’s time to clean house, consolidate any UTXOs you need to, open or close any Lightning channels you’ve been waiting on, and inscribe some stupid 8-bit jpeg into the blockchain. They’re perceived as a positive time. They are not. We have seen explosive price appreciation the last few months, finally hitting the 100k USD benchmark that everyone took for granted as preordained during the last market cycle. That’s not normal. https://bitcoinmagazine.com/takes/low-fees-are-a-symptom-of-deeper-problems
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Cantor Fitzgerald’s Bitcoin Business to Use Anchorage Digital and Copper The firms selected by Cantor Fitzgerald are at the forefront in working with traditional financial services firms eager to participate in the crypto space. Cantor Fitzgerald plans to use crypto platforms Anchorage Digital and Copper as part of its Bitcoin financing business, the asset manager said on Tuesday. The firms will be tasked with helping safeguard client’s digital assets as collateral managers and custodians, Cantor Fitzgerald said in a press release. Anchorage Digital and Copper offer “industry-leading security solutions,” Cantor Fitzgerald’s Head of Bitcoin Financing Michael Cunningham said in a statement, adding that the firm’s new service is expected to debut “with $2 billion in initial financing.” https://decrypt.co/309563/cantor-fitzgeralds-bitcoin-business-to-use-anchorage-and-copper
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Bitcoin Gold Card in the US? Crypto Insider Floats Proposal David Bailey, CEO of BTC Inc. and one of the attendees of the Trump Administration’s crypto summit, stated that there should be a path for paying for the proposed “gold card” with bitcoin. This would allow the country to add to its recently formed strategic Bitcoin reserve without using taxpayers’ funds. The official enactment of a strategic bitcoin reserve (SBR) in the U.S., and the intention of growing it by the Trump administration, has opened a plethora of possibilities to achieve this goal without involving taxpayers’ money. https://news.bitcoin.com/bitcoin-gold-card-in-the-us-crypto-insider-floats-proposal/
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World Liberty Financial amasses millions in ETH, WBTC and MOVE ahead of White House Crypto Summit Ahead of the White House Crypto Summit, World Liberty Financial — a decentralized finance venture associated with President Donald Trump and his family — increased its cryptocurrency holdings, according to onchain analysis. On Thursday, on-chain data revealed that World Liberty Financial made a substantial addition to its treasury, acquiring $10 million in ether, $10 million in Wrapped Bitcoin (WBTC), and $1.5 million worth of MOVE, the native token of the Movement Network blockchain ecosystem. "Hours ago, Trump’s project World Liberty Financial made a $25 million crypto play, with $10 million in $, $10 million in $WBTC, and $1.5 million $MOVE, more to come?," blockchain analytics firm Nansen posted on X. https://www.theblock.co/post/344880/world-liberty-financial-eth-wbtc-move-white-house-crypto-summit
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Onlyfans Model Amouranth Goes Full Rambo: Fires Shots At Robbers To Protect $20M Crypto Stash OnlyFans Crypto Heist Gone Wrong! Amouranth (Kaitlyn Siragusa) had a shootout with three crooks in a foiled crypto robbery after boasting online. Amouranth, an ex-Twitch gaming streamer turned OnlyFans, was dragged out of bed, pistol whipped, and held hostage as robbers demanded she transfers them her cryptocurrency portfolio. The x-rated star had previously bragged online about having over $20 million in cryptocurrency, which many believe is what led to the robbers specifically targeting her. https://99bitcoins.com/news/presales/onlyfans-model-amouranth-goes-full-rambo-fires-shots-at-robbers-to-protect-20m-crypto-stash/
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Japan's SBI VC Trade completes regulatory registration to process USDC transactions The company said that it plans to release a beta version of USDC-related services on March 12 for certain users following system maintenance. "We aim to further expedite the full-scale introduction of USDC handling," SBI VC Trade said in a translated statement. SBI Group noted that it signed an agreement with Circle, the issuer of USDC, back in 2023 "aimed at a comprehensive business alliance." The Japanese financial giant has been actively expanding into crypto. In December 2024, it acquired DMM Bitcoin, a local crypto exchange that was shut down following a $300 million hack. DMM Bitcoin has been transferring customer accounts and custodial assets to SBI. https://www.theblock.co/post/344406/japans-sbi-vc-trade-completes-regulatory-registration-to-process-usdc-transactions
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CZ’s Fix For Crypto Chaos? New Token Model To Calm Crypto Volatility Changpeng Zhao (CZ), the founder of Binance, has put out a strategy that might change the way new crypto enters the market. His strategy seeks to maintain stable token pricing while fostering long-term project success. This approach would employ a more controlled, gradual distribution of tokens based on price and time conditions rather than releasing massive amounts of tokens all at once. According to CZ, during launch, only 10% of a token’s entire supply should be accessible. This small portion would fund platform growth, salaries, marketing, and development. The remaining 90% would be locked and be subject to rigorous limitations on their release date and method. https://bitcoinist.com/czs-fix-for-crypto-chaos-new-token-model-to-calm-crypto-volatility/
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Forget the Market Dump – These 3 Best Presales Prove Crypto Keeps Growing The crypto industry never sits still. Even in a bear market, development surges ahead like a Bitcoin bull charging through resistance. Who would have guessed a few years ago that you could finance your home purchase using Bitcoin? Well, it’s happening. Milo, a company offering crypto mortgage lending, has now surpassed $65M in crypto mortgage loan volume. And they’re not alone. Lava, a Bitcoin lending platform, just secured $10M in funding to let users borrow dollars while keeping their BTC intact. They’re even focusing on self-custody, a game-changer for Bitcoin maximalists. Here are three best presales gaining momentum in today’s dynamic market, proving that the industry isn’t going anywhere but up: https://bitcoinist.com/forget-the-market-dump-these-3-best-presales-prove-crypto-keeps-growing/
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