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1Bitget Daily Digest (4.24)｜New US SEC Chairman Supports Crypto, Top $TRUMP Holders to Dine with Trump2$TRUMP Holders Dinner: Token Rockets 64% as Top Investors Chase Rare Trump Invite3Bitcoin (BTC) to Rise Further? Key Harmonic Pattern Signaling a Move Over $100K
Crypto Whales Bought These Coins in the Second Week of March 2025
Crypto whales have been active in accumulating BTC, PEPE, and ENS this week, signaling potential price movements despite recent market fluctuations.
BeInCrypto·2025/03/14 12:30
James Howells Loses Appeal to Dig Up Landfill for $675 Million Bitcoin Hard Drive
James Howells has faced years of legal setbacks in his attempt to recover 8,000 lost Bitcoins from a Newport landfill. Despite offering millions, he now plans to approach the European Court of Human Rights.
BeInCrypto·2025/03/14 12:14
Smart Contract Risks Could Be Global Finance’s Ticking Time Bomb, Warns Movement Labs Co-Founder
Cooper Scanlon emphasizes the serious vulnerabilities in blockchain infrastructure, especially Ethereum, highlighting the growing threat to global finance and calling for secure innovations like Move programming.
BeInCrypto·2025/03/14 11:00
Bitget Daily Digest (March 14) | Putin agrees to 30-day ceasefire, Base ecosystem gains attention with AI narratives
Bitget Research·2025/03/14 10:20
This Week In Crypto: Pi Network Mainnet Migration, XRP Commodity Rumors, Binance Traffic, and More
This week in crypto, Pi Network faces criticism over migration issues, Bitcoin resurfaces in dark web activity, and XRP’s potential reclassification as a commodity sparks debate on regulatory impact.
BeInCrypto·2025/03/14 09:30
CAKE Price Prediction 2025-35: Will It Hit $300 by 2035?
Cryptotale·2025/03/14 09:30
Bitcoin (BTC) Selling Pressure is Fading, Hinting Recovery at $90,000
BTC is down 7% this week, but indicators suggest a possible shift in momentum. A breakout above $84,718 could signal a trend reversal.
BeInCrypto·2025/03/14 09:02
Stellar (XLM) Seeks Momentum for Breakout as Key Resistance at $0.309 Approaches
Coinotag·2025/03/14 09:00
Cardano (ADA) May Be Approaching a Key Price Turning Point Amid Weakening Downtrend
Coinotag·2025/03/14 09:00
POPCAT Faces Consolidation Challenges Amid Weak Investor Sentiment and Resistance at $0.203
Coinotag·2025/03/14 09:00
Flash
- 10:00Analysis: The Correlation Between Bitcoin and US Stocks Continues to Weaken, Gold May Become a Leading Indicator for BTCCryptoQuant analyst Timo Oinonen released a report stating that the most important current trend for Bitcoin is its decoupling from US stock indexes. Over the past seven days, Bitcoin has significantly diverged from the S&P 500 and the Nasdaq Composite Index, with its correlation to traditional stocks and tech stocks weakening. The correlation coefficient between Bitcoin and the S&P 500 has decreased from 0.88 at the end of 2024 to 0.77, and its correlation with the Nasdaq has also dropped from 0.91 in January to 0.83. Notably, the correlation between Bitcoin and gold is strengthening, with the coefficient rising from -0.62 at the beginning of the month to the current -0.31. Historically, Bitcoin has often lagged behind gold's performance by several months. If the current decoupling trend from stock indexes continues, with other conditions remaining unchanged, gold may become a leading indicator for Bitcoin.
- 10:00Suspected Sale of 100 WBTC to Take Profit by a Cyclical Long Position WBTC Whale 40 Minutes Ago, Equivalent to $9.19 MillionAccording to on-chain analyst Ai Yi's monitoring, "the whale that has been in a cyclical long position on WBTC at an average price of $69,079 since July 2024" is suspected to have sold 100 WBTC to take partial profit 40 minutes ago, equivalent to $9.19 million. Currently, the whale still has 1,053.79 WBTC (approximately $97.36 million) as collateral and has borrowed 43.68 million USDT, with the remaining portion still having a floating profit of $24.47 million.
- 09:49Kuwait Issues Warning Against Illegal Cryptocurrency MiningAccording to Bitcoin.com, on April 22, the Kuwaiti Ministry of Interior issued a statement declaring cryptocurrency mining an illegal activity, citing violations of several national laws and pressure on the country's power infrastructure. The ban involves the 1970 Amendment No. 31 to the Criminal Law, the 2014 Regulation of Communications and Information Technology Law No. 37, the 1996 Industrial Law No. 56, and the 2016 Municipal Regulations No. 33, among other laws. The Kuwaiti Ministry of Interior pointed out that unauthorized cryptocurrency mining leads to "excessive energy consumption, increasing the load on the public power grid," which causes power outages in residential, commercial, and industrial areas and affects essential service supplies. The warning was jointly issued by the Ministry of Electricity, Water and Renewable Energy, the Communications and Information Technology Regulatory Authority, the Public Authority for Industry, and the Municipal Department. Authorities have requested involved mining entities to "rectify immediately" and emphasized that legal actions, including referral to investigative departments, will be taken against violators.