It's been 50 days since Bitcoin's last ATH

When do we the next one?

#bitcoin #ATH

[A whale with 67,000 ETH on the verge of liquidation] reduced his position by 2,882 ETH and exchanged it for 5.21 million DAI to repay the loan before the Oracle price update at 10 o'clock, which slightly reduced the liquidation price to $1,781.

At present, ETH has rebounded a bit, and the next oracle price is also higher than its liquidation price. At least, I can breathe a sigh of relief for the time being.

Current Position
- Original holdings: 67,000 ETH
- Position reduction: 2,882 ETH (approximately 4.3% of total holdings)
- DAI received: 5.21 million DAI
- New liquidation price: $1,781
- Current status: ETH price has rebounded above the liquidation price

According to coindesk.com, this case reflects broader market conditions:

Approximately $336 million in assets at risk of liquidation (within 20% ETH price range)
Multiple large positions in danger zones, including:
- $117 million in debt at $1,780 ETH liquidation price
- $13.6 million in debt at $1,857 ETH liquidation price

#ethereum #ether #ETH #whale

Source:
https://debank.com/profile...

Public Companies that Own #bitcoin

1 MicroStrategy ₿499,096 | $45,678,613,479
2 Marathon Digital Holdings Inc ₿40,435 | $3,700,720,374
3 Riot Platforms, Inc. ₿18,221 | $1,667,635,116
4 Tesla, Inc ₿11,509 | $1,053,334,754

Berachain Co-Founder Reflects on Early Investment Decisions 🔥
The journey to success is never a straight path, and Berachain’s co-founder knows this all too well! 🏆🚀

In a recent reflection, they opened up about the crucial investment decisions that helped shape the future of Berachain. From early bets on blockchain innovation to navigating market uncertainties, every choice played a role in creating the high-performance, EVM-compatible L1 that Berachain is today. 🐻🔗

💡 Key Takeaways from Their Reflection:

✅ Taking calculated risks in unproven markets 💰🎯

✅ Staying true to the vision despite market fluctuations 📈🔥

✅ Building a strong community and ecosystem 👥🤝

✅ Learning from mistakes and adapting quickly 🏃‍♂️💨

With Berachain’s unique proof-of-liquidity model driving innovation in DeFi, it’s clear that those early investment decisions set the stage for something revolutionary. 🌍🔮 Looking back, the co-founder’s insights remind us that bold moves and unwavering belief can lead to massive breakthroughs!

What do you think? 🤔 Would you have made the same early bets? Share your thoughts below! ⬇️🐻💬

#Berachain #cryptoinvestment

Crypto Fraudster's Ex-Partner Guilty

Iris Ramaya Au, the former partner of #cryptocurrency fraudster Adam Iza, known as the "Godfather," has pleaded guilty to federal tax charges. She admitted to failing to report over $2.6 million in illicit gains acquired through Iza's criminal activities.
Au's guilty plea includes acknowledging that she provided false information on her tax return regarding these earnings from 2020 to 2023.
As a result of her actions, she faces a potential sentence of up to three years in federal prison. This development follows Iza's own guilty plea to multiple charges, including conspiracy, wire fraud, and tax evasion, where he is expected to face a significantly longer sentence of up to 35 years in prison.

#crypto #Fraud #cryptocurrencyfraudster #cryptocurrency #cryptoscam

Amouranth, a popular streamer, was reportedly robbed at gunpoint, with the attackers demanding #cryptocurrency .

On March 2nd, streamer Amouranth (Kaitlyn Siragusa) reported a violent home invasion in Houston where attackers demanded Bitcoin.

Amouranth shared on X (formerly Twitter) that she was pulled out of bed at gunpoint and instructed to make a crypto payment. She tweeted about the incident while it was happening, explaining that calling emergency services would have been too dangerous.

Quote from Amouranth: "I'm being too robbed at gunpoint...They wanted crypto is what they were yelling they pulled me out of bed." She also stated, "Was at gun point they gave me phone and said log in with gun to my head and I tweeted because calling would be a death sentence."

#crypto #cryptorobbery #robbed #bitcoin

Swiss National Bank Rejects #bitcoin Reserves Proposal

According to CoinDesk, Swiss National Bank (SNB) President Martin Schlegel has dismissed the idea of incorporating bitcoin into Switzerland's central bank reserves. Schlegel highlighted concerns over the cryptocurrency's volatility, liquidity, and security as primary reasons for this decision. In an interview with the Tamedia group, he emphasized that the instability of #cryptocurrencies makes them unsuitable for preserving long-term value.

Schlegel further explained that the central bank's reserves must remain highly liquid to be readily available for monetary policy interventions. He also pointed out the inherent security risks associated with software-based assets, noting that software can be prone to bugs and vulnerabilities. These remarks come amid a broader discussion in Switzerland regarding the potential inclusion of Bitcoin in the SNB's reserves.

A recent initiative, spearheaded by entrepreneur Yves Bennaim, is advocating for a constitutional amendment that would require the SNB to hold bitcoin alongside gold in its reserves. This initiative, launched in December, aims to gather 100,000 signatures within 18 months to prompt a nationwide vote on the matter. While the proposal does not specify the exact bitcoin allocations, it suggests that the reserves should be built from the bank's earnings.

Despite the increasing acceptance of cryptocurrencies in Switzerland, with several Swiss banks offering cryptocurrency-related services, Schlegel remains skeptical.

JUST IN 🚨 China's Supreme Court And Judicial Authorities Have Gathered To Discuss How To Handle Crypto Legal Cases 🇨🇳

#crypto #china #CryptoLegal #freecrypto

NEW: Chart Showing #bitcoin Adoption Path

Gradually, Then Suddenly.

#bitcoinchart

FTX's estate is beginning its payment plan today, though the initial distribution will be approximately $1.2 billion rather than $2.4 billion.

- Starting today, FTX will begin repayments to creditors with claims of $50,000 or less ("convenience class" creditors).
-These creditors will receive approximately 119% of their claimed amount, including principal plus interest.
- Payments must be completed within 60 days of the effective date.

Market Impact Analysis:
- Analysts estimate approximately $2.4 billion may flow back into crypto markets following the distribution
- $3.9 billion of total claims were acquired by credit funds, which typically won't reinvest in crypto assets
- 33% of remaining claims belong to sanctioned countries, individuals without KYC verification, or those unable to claim funds

Total Distribution Scope:
- Total estimated distribution will range between $14.7 billion and $16.5 billion
- BitGo and Kraken have been designated to manage initial distributions for retail and institutional customers in supported jurisdictions
- Creditors must complete KYC verification and submit tax forms through the FTX Debtors' Customer Portal to receive payments

MANY WILL INVEST IN #bitcoin 🚀

Marathon Digital Holdings has acquired 11,774 BTC for $1.1 billion at $96,000 per #bitcoin .

Source-https://www.sec.gov/ix?doc...

#bitcoin new ATH $98,988

#bitcoin new ATH $98,350

#bitcoin ATH $97,700

BREAKING: Recently hacked Indian 🇮🇳 crypto exchange
WazirX India pauses trading and says ‘The path to a total recovery of 💰 $230m will be longer’.

Quantum Computing and Bitcoin Mining: Summary
Connection
Quantum computing can process information exponentially faster than classical computing, potentially transforming Bitcoin mining, which relies on solving complex mathematical problems.

Potential Advantages
Improved Efficiency: Quantum computers can solve hashing problems much quicker, enhancing mining efficiency.
Reduced Energy Consumption: They could lower the energy required for mining, making it more environmentally friendly.
Enhanced Security: New post-quantum encryption methods will be needed to counteract quantum threats, improving transaction security.
Decentralized Mining: Widespread quantum computing could make mining more accessible and decentralized, reducing the concentration of mining power in large server farms.
Conclusion
Quantum computing could revolutionize Bitcoin mining by boosting efficiency, reducing energy use, and enhancing security, while also posing new challenges.

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