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Soumen

@soumendas

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33 Followers
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Crypto Market Highlights – March 28, 2025 Tether mints $1B USDT on Tron, total minted in 2025 reaches $7B Galaxy Digital settles with NY Attorney General for $200M over LUNA token dumping Darkweb actors sell 100,000+ Gemini and Binance user records, Binance denies internal breach President Trump pardons BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed UAE to launch digital dirham in Q4 2025 for financial stability and innovation Ethereum ICO participant moves 1,700 ETH ($3.18M) to Binance after 7 years Elon Musk's xAI acquires X in an all-stock deal, combined valuation at $80B President Trump to announce new pharmaceutical tariffs US stock market loses $1.25T in value today Bitcoin dominance climbs to 58.8%, highest since early 2021, defying alt season expectations Binance Wallet records $116M on-chain volume, capturing 55.6% of total tracked wallet activity
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Crypto Market Insights – March 21, 2025 Kraken is reportedly finalizing a $1.5 billion acquisition of NinjaTrader, a move that would enable the exchange to offer crypto futures and derivatives in the U.S., according to the Wall Street Journal. Pakistan is considering legalizing cryptocurrency to attract foreign investment, according to Saqib, CEO of the Pakistan Crypto Council. Executives from Trump Media are launching a new SPAC with plans to raise $179 million. The fund aims to acquire high-potential businesses in cryptocurrency, blockchain, data security, and dual-use technologies based in the U.S. Former President Donald Trump declared that "crypto is the biggest revolution" and pledged to make the United States the leading global hub for Bitcoin and digital assets. The New York Stock Exchange has filed a proposal to allow staking for the Bitwise Ethereum ETF.
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Crypto Market Insights – March 17, 2025 North Korea’s Lazarus Group Moves Stolen Funds The Lazarus Group has converted its stolen ETH to BTC after the Bybit hack. The group now holds 13,562 BTC (~$1.12B), according to Arkham data. Bank of Korea Rejects Bitcoin in FX Reserves The Bank of Korea states that it has not reviewed Bitcoin as part of its foreign exchange reserves. Cites high volatility as a key reason for caution. OKX Temporarily Pauses DEX Aggregator OKX detected a coordinated effort by Lazarus Group to misuse its DeFi services. The platform has temporarily suspended its DEX aggregator to mitigate risks. MicroStrategy Buys More Bitcoin MicroStrategy acquired 130 BTC for $10.7M between March 10-16. Average purchase price: $82,981 per BTC. Another Meme Coin Controversy? Hayden Davis, known for launching tokens like $LIBRA & $MELANIA, is now linked to $WOLF. Speculation suggests ties to Jordan Belfort’s "Wolf of Wall Street."
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