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Peak 'FUD' hints at $70K floor — 5 Things to know in Bitcoin this week
Peak 'FUD' hints at $70K floor — 5 Things to know in Bitcoin this week

Bitcoin traders and analysts weigh potential BTC price targets as upside liquidity thickens and crowd sentiment increasingly fears sub-$70,000 levels.

Cointelegraph·2025/03/17 09:22
Proposal on SEC website suggests XRP as a strategic asset for US financial system
Proposal on SEC website suggests XRP as a strategic asset for US financial system

Share link:In this post: A proposal calling for the adoption of XRP as a strategic financial asset has been published on SEC website. The highly ambitious proposal calls for regulatory overhaul for US government to integrate XRP. The proposal is not the SEC official position and has attracted criticisms from some people.

Cryptopolitan·2025/03/17 02:33
Aave co-founder says Aave DAO not interested in other tokens, will explore RWA
Aave co-founder says Aave DAO not interested in other tokens, will explore RWA

Share link:In this post: According to Aave Labs’ CEO, Aave DAO has reached a consensus to focus solely on the AAVE token, showing no interest in exploring other tokens at this time. The focus will instead explore real-world assets (RWA), but this will not proceed until the DAO finds a suitable approach. The news comes shortly after Aave Labs announced the launch of the RWA product called Horizon, which may include a new token that could allocate 15% of its profits to Aave DAO.

Cryptopolitan·2025/03/17 02:33
Flash
  • 03:53
    BTC Falls Below $93,000
    Market data shows that BTC has fallen below $93,000 and is currently reported at $92,970.84, with a 24-hour gain narrowing to 0.03%. The market is highly volatile, so please manage your risks accordingly.
  • 03:53
    A whale transferred 1,485 BTC to CEX 30 minutes ago
    According to on-chain analyst Yujin, a whale/institution transferred 1,485 BTC ($138.83 million) to CEX 30 minutes ago, making a profit of $50.13 million on BTC over 11 months. Over the past 11 months, they withdrew 5,700 BTC from CEX to an address at an average price of $80,449. They started gradually transferring BTC to CEX for sale 2 months ago, and today's 1,485 BTC is the last batch. Overall, the average price of transferring to CEX was $89,244. This means they made a profit of $50.13 million on these 5,700 BTC.
  • 03:26
    Crypto Advocate Scott Melker: Fraudsters Use Fake Crypto Influencer Identity to Steal at Least $4 Million
    The cryptocurrency trader and investor known as "The Wolf of All Streets," Scott Melker, stated that he has learned someone is impersonating him to commit fraud, with at least one victim losing $4 million. On April 23, this crypto investor expressed his deep anger, saying, "I am extremely upset." He revealed that a private investigator contacted him, informing him that one of their clients was scammed out of $4 million by a Nigerian fraud group using his name and face as bait. "They have clearly swindled many people," Melker said, adding, "They even sent him a fake driver's license to prove it was me." They also used his avatar from the X platform as a photo. The fraudsters generated this fake ID using artificial intelligence and used a very convincing fake email account. "They also conducted video calls via Zoom, using AI to disguise identities," Melker added, "These tactics are evidently quite sophisticated." He also mentioned that the fraudsters even forged accounts of his wife and children to further confirm the identity.
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