Hodler’s Digest, March 16-22 – CointeLgraph magazine

Published on:

Expressed by Amazon Polly

The best stories of the week

Sec will give up an appeal against Ripple, says CEO Garlinghouse

According to the CEO of the company, the American Commission for Securities and the Stock Exchange against Ripple is finally coming to an end.

“This is – when we waited. Sec will drop its appeal – a huge Ripple victory, for Crypto, in every respect, as you look at it,” wrote the general director of Ripple Brad Garlinghouse on March 19.

“Finally, I am able to announce that the matter is over; it is over,” said Garlinghouse in the film attached to post X.

The end of a long legal battle between Ripple and SEC comes four years after US regulators defendant The company on the alleged offer of securities worth $ 1.3 billion in December 2020.

Trump becomes the first USA, sitting president to speak at a cryptographic conference

US President Donald Trump constantly adapts his administration to the cryptocurrency industry. On March 20, he spoke to a social conference for the first time from the moment he was elected.

Speaking at the top of the Blockworks digital assets on March 20 in a previously recorded statement, Trump repeated that the US would take steps to ensure “the cryptographic capital of the world.”



The president praised the last regulatory change in the cryptocurrency industry compared to the previous administration and added:

“Pioneers like you will be able to improve our banking and payment system and promote greater privacy, security, security and wealth of both American consumers and companies. You will free the explosion of economic growth.”

Bybit: 89% of the stolen cryptowal

The participation of the Lion of Haacked Bybit funds is still identifiable after historic cyberspace, because Blockchain investigators continue their efforts to freeze and regain these funds.

The cryptographic industry was shocked by the greatest hack in the history of February 21, when Bybit lost over $ 1.4 billion in the ether in the liquid, a coat erected ETH and other digital assets.

Blockchain security companies, including Arkham Intelligence, identified the Lazarus group in North Korea as a probable culprit standing behind Bybit, because the attackers are still exchanging funds to make them unknown.

Despite the efforts of the Lazarus group, over 88% of the $ 1.4 billion stolen, according to Ben Zhou, co -founder and general director Bybit Exchange.

Coinbase becomes the largest operator of Ethereum nodes with 11% shares

The Coinbase report revealed that the exchange of cryptocurrencies is the largest node operator in the Ethereum network, controlling 11.42% of the total ether.

In the Coinbase performance report, he said he had a 3.84 million ether worth about $ 6.8 billion, put to his validators. The stock exchange also said that from 3 March it has 11.42% of the total ethn.

Anthony Sassano, host Daily weekHe said that the participation of Coinbase makes the replacement “the largest node operator” on the web.

Sassano added that although Staking Lido Platform is greater as a collective, each node operator has a much lower percentage.

CEO of Binance repeats the denial of Trump’s family conversations

Richard Tenga, general director of Binance, denied the report that Binance.us was in conversations with entities related to US President Donald Trump during the panel of March 18 at the top of the Blockworks 2025 digital resource in Modern York.

Tempa’s statement repeated the position of co -founder Binance, Changpenga “Cz” Zhao and Trump, who denied history last week.

Read also

Characteristics

The investment in knowledge pays the best interest: a pointed state of financial education

Characteristics

Soul tokens: social credit system or spark for global adoption?

March 13 The Wall Street Journal Reported This binance.us, an independent American exchange of cryptocurrencies, discussed the sale of capital interests for business entities related to Trump, including the possible agreement with World Liberty Financial, a decentralized Finance Family (DEFI) project.

“I think that both World Liberty Financial and CZ wrote on Twitter and denied reforms, right? So there is really nothing more to add,” said Teng during the summit in which Cointelegraph participated.

Winners and losers

At the end of the Bitcoin week (Btc) is in USD 84,136, Ether (Eth) On USD 1962 AND XRP On USD 2.38. The total market cap is located USD 2.75 billion, According to to Coinmarketcap.

Among the 100 largest cryptocurrencies, the three best Altcoin Gainers of the Week are four (FORM) at 86.05%, exchange of pancakes (CAKE) at 66.00% and toncoin (TON) at 23.18%.

The three best losers of Altcoin this week are Pi (PI) at 36.63%, official Trump (Asset) at 9.52% and Jasmycoin (Jasmy) at 8.42%. For more information on cryptographic prices, read the analysis of the CointeLgraph market.

The most memorable quotes

“I am ashamed that I disregarded him instead of calling what it is – mean and hitting a marginalized group.”

Anatoly Yakovenkoco -founder and general director of Solana Labs

“I think that both World Liberty Financial and CZ wrote on Twitter and denied reforms, right? So there is nothing more to add.”

Richard TengCEO binance

“There were USD 77,000 per bottom, probably.”

Arthur Hayesco -founder and former general director of Bitmex

“The Bitcoins cycle is over, expecting 6-12 months of a bear or side action.”

Ki Teenage JUFounder and CEO of Cryptochan

“However, I think that what is happening, that if we have a recession, decreasing GDP, it will give the president and the Fed much more degrees of freedom of doing, what they want when it comes to tax reductions and monetary policy.”

Cathie WoodArk Invest CEO

“While crypto is the currency of artificial intelligence, not every agent needs their own token. Agents can charge fees in the existing crypto for providing the service.”

Changpeng “CZ” Zhaoco -founder and former CEO of Binance

Forecasting the week

XRP Price prices at 75% profit next when the SEC ends the claim against Ripple

The price of XRP has increased by almost 30% in the last two weeks, carried out by the reflection of the cryptocurrency market, as the Ripple legal struggle with the American Commission of Securities and Exchange is completed.

As at March 21, XRP reflected after testing the bottom line of the triangle trend, looking at the height towards the upper trend line – around the top point of USD 2.35 – until April. The ultimate purpose of this possible breakthrough is USD 4.35 by June, which is an raise of 75% compared to current price levels.

And vice versa, a decrease below the bottom line of the trend may annul the stubborn configuration, setting XRP on the path to $ 1.28. The bear goal is obtained by subtracting the maximum triangle height from a potential division point to USD 2.35.

Top fud of the week

Bad News Bitcoin Bulls, long-hop details

Bitcoin Bulls, who still think that the peak of the cycle has not yet arrived, because retail investors have not yet arranged, they can exploit the antiquated textbook, according to the cryptographic director.

“The idea that the cycle is not completed just because the retail activity on the market is absent, requires re -consideration”, founder and general director of Cryptoquant Ki Teenage he said In the post of March 19.

He said that tracking retail movements with only Onchain indicators would not see a full picture.

“Retail sales probably entering ETFS – a paper layer of bitcoins – which does not appear on the site,” he said.

Russian founder of Gotbit Strikes $ 23 million per prosecutor

Aleksei Andriunin, a Russian citizen responsible for manipulating cryptocurrency via Platforma Gotbit Market Maker, apparently concluded a contract with prosecutors in the United States.

Andriunin, the founder and general director of Gotbit, agreed to lose about $ 23 million in Tether’s USDT and Circle USDC under the agreement with the Federal Prosecutors Massachusetts, legally informative LAW360, as reported on March 19.

As part of the allegation, Andriunin will admit to three credits for burdening the conspiracy in order to commit fraud and manipulation on the market, According to to the letter signed by the defendant on March 19.

Watch out for “Cracked” TradingView-to a Trojan stealing cryptographic

Malwarebytes with cybersecurity warned about the recent form of malicious cryptocurrency software hidden in the “cracked” version of TradingView Premium, software that provides tools for charts for financial markets.

Fraudsters are lurking on cryptographic subreddits, publishing links to Windows and Mac Installers installers for “TradingView Premium Cracked”, which is combined with malicious software aimed at theft of personal data and exhaustion of cryptographic portfolios, Jerome segura, senior security researcher in malwarebytes, he said In the post on the blog of March 18.

“We heard about the victims whose cryptocurrency portfolios were emptied, and then impersonated under the influence of criminals who sent phishing connections with their contacts,” he added.

Read also

Characteristics

Real matters of using AI in cryptographic: cryptocurrency AI markets and financial analysis AI

Characteristics

Is the measurement of blockchain transactions per second (TPS) stupid in 2024? Large questions

The best stories of the weekly warehouse

Mannequin guide to native rollers: L2S as unthreatening as Ethereum himself

Users could feel so unthreatening, maintaining $ 10 million savings of life on native rolling, because they store it in Ethereum itself.

Meebits and cryptopunchers are like balmy adult wheels: the recent owner of Meebco Sergito

“It was my first purchase of cryptocurrencies, and my time was particularly happy. It was the week when Bitcoin took $ 3,000, and Ethereum offered $ 110,” says Sergito from Meebco.

Memecoins are ded – but Solana “100x better” despite the decrease in revenues

The Memecoin disaster has achieved activities, fees and salted price. But supporters argue that the solar network itself is in better form than ever before.

Editorial staff

Cointelegraph magazine writers and reporters contributed to this article.

Related

Leave a Reply

Please enter your comment!
Please enter your name here