Day: March 24, 2025

West Virginia court warns of Bitcoin scam involving fake jury duty arrest warrants

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A West Virginia district court has alerted the public about cryptocurrency scammers using dubious arrest warrants to extort payments for alleged missed jury duty. Crypto scammers were found to be impersonating officials from the U.S. District Court, using “official looking” documents that falsely claim to come from the Eastern District of Virginia, a recent notification from the U.S. District Court of the Western District of Virginia warned. The forged arrest warrants accuse victims of skipping jury duty and demand immediate payment.  The scam typically unfolds over a phone call where…

Gcash Connects 100 Million Philippine Users to USDC Dollar Network

Gcash opens access to USDC for 100 million users in the Philippines, enabling stable, dollar-backed digital currency use for global payments, savings, and financial empowerment. Gcash Opens Philippine Wallets to Dollar-Backed USDC in Massive Crypto Shift Mobile wallet provider Gcash, a dominant force in digital finance in the Philippines, announced on March 18 in Manila […] Source CryptoX Portal

Bitcoin Reaches $87,000 on Back of $744M Weekly BTC ETF Inflows

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Key Notes Spot BTC ETFs saw $744 million in weekly inflows. Most of the inflows came from BlackRock’s IBIT fund. Bitcoin crossed the $87,000 zone. Spot Bitcoin BTC $87 337 24h volatility: 3.6% Market cap: $1.73 T Vol. 24h: $18.36 B ETFs in the US recorded a two-month high weekly net inflow of $744.35 million between March 17 and 21, triggering bullish momentum for the leading digital asset. Their weekly trading volume reached $9.5 billion. After five weeks of consecutive outflows, this was the first weekly net inflow for the…

Dogecoin Is ‘Ready For The Next Big Move,’ Warns Analyst

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. In a fresh market update shared on X, crypto analyst Kevin (@Kev_Capital_TA) presented a weekly DOGE/USD chart suggesting that Dogecoin could be nearing what he describes as a pivotal…

Bitcoin ETFs break 5-week outflow streak as analysts eye recovery

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Spot Bitcoin exchange-traded funds returned to weekly inflows as Bitcoin settled back above the crucial $85,000 support level, which analysts believe is necessary for the next leg higher. According to data from SoSoValue, the 12 spot Bitcoin ETFs have seen a notable turnaround, ending their weekly streak of outflows with significant net inflows totaling $744.35 million during the week of Mar. 17–21. Notably, Bitcoin ETFs recorded net positive flows throughout last week, starting with $274.59 million on Monday, followed by $209.12 million, $11.8 million, $165.75 million, and concluding with $83.09…

How to use ChatGPT to predict crypto market trends

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Key takeaways To generate crypto market insights via ChatGPT, collect accurate historical and real-time data on prices, trading volumes and market capitalization. Organize data into clear formats, such as tables with consistent date formats and labeled columns, to help ChatGPT identify patterns and trends. Use precise and focused prompts to guide ChatGPT in generating actionable insights, enhancing the relevance and clarity of its responses. Cross-check ChatGPT’s outputs with up-to-date information from reputable sources before making trading decisions to account for potential inaccuracies. Predicting crypto market trends can feel like navigating…

Trump tariffs, Fed shift and Bitcoin: Is the bottom in?

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As technical indicators and changing macro conditions point to a possible recovery, Bitcoin might be forming a bottom. In an analysis published on Mar. 24, crypto analytics firm 10X Research highlighted the recent consolidation and shifting outlook of Bitcoin (BTC). Analysts initially expected a more severe correction after Bitcoin dropped below $95,000, confirming a breakdown from its ascending broadening wedge. However, a more favorable macro environment and improved technical indicators have led to a more optimistic outlook. One of the main causes of this shift in sentiment is the Federal…

Japan’s Metaplanet adds 150 BTC, now holds 3,350 BTC

Metaplanet has added 150 BTC to its treasury at an average price of ¥12.57 million ($80,000) per BTC, totaling ¥1.886 billion ($12.1 million).  According to Metaplanet’s Mar. 24 official statement, this brings its total Bitcoin (BTC) holdings to 3,350 BTC, purchased at an overall cost of ¥42.22 billion ($270 million), averaging ¥12.60 million ($80,200) per BTC. Since formally embracing Bitcoin as a key part of its business, Metaplanet has quickly grown its holdings to become the biggest corporate Bitcoin holder in Asia.  The company has used stock acquisition rights through…

Tokenized US gold could ultimately benefit Bitcoin: NYDIG

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An idea to tokenize or track US gold reserves to make their movements transparent on a blockchain won’t work in the same trustless way as Bitcoin does, but doing so could help the cryptocurrency, says a research analyst. Greg Cipolaro, global head of research at New York Digital Investment Group (NYDIG), said in a March 21 note that Trump administration officials, including Elon Musk, have floated using a blockchain to track US gold and government spending — an idea supported by crypto executives. “Here’s the thing about blockchains. They’re not…

Acting SEC Chair Rejects Enforcement—Demands Real Crypto Rules

The acting SEC chair urged rulemaking over enforcement to clarify crypto regulations and avoid courtroom confusion. Acting SEC Chair Urges Crypto Reset—Classification Shouldn’t Be Courtroom Chaos Acting U.S. Securities and Exchange Commission (SEC) Chairman Mark T. Uyeda led the inaugural session of the agency’s Crypto Task Force roundtable on March 21 in Washington D.C. He […] Source CryptoX Portal