💰 JPMorgan: Bitcoin Still Overbought Despite Price DropGlobal investment bank JPMorgan has cautioned that bitcoin is still overbought despite the crypto’s recent price decline. JPMorgan’s analysts expect continued selling pressure on bitcoin as the halving approaches, “particularly against a positioning backdrop that still looks overbought despite the past week’s correction.”

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar

💰 Do Kwon Out of Jail, Under House Arrest Pending Extradition DecisionMultiple sources have reported that Do Kwon, the ex-chief executive officer of Terraform Labs, was set free from jail on Saturday while the high court in Montenegro decides on two separate extradition requests submitted by South Korea and the United States. According to various sources, Do Kwon has regained his freedom, having been discharged on Saturday. In a conversation with Bloomberg journalists Jasmina Kuzmanovic and Misha Savic, Montenegro’s prison chief Darko Vukcevic confirmed Kwon’s release, stating that he is currently under the custody of the police authority.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar

💰 9 New Bitcoin ETFs Accumulate $1.3B in BTC in 6 Days as Funds Near the 500,000 MilestoneIn the span of just six days, the nine freshly launched spot bitcoin exchange-traded funds (ETFs) have gathered 20,859.57 bitcoins, valued at over $1.3 billion. Holding 474,363.55 bitcoins worth $30.6 billion, these new ETFs are short of 25,636.45 coins to hit the 500,000 milestone.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar

💰 $620 million liquidated as Bitcoin breaks below $64kThe market has weathered $542 million in Bitcoin and crypto liquidations over the past 24 hours as Bitcoin fell below $64,000 for the first time in roughly two weeks. On March 6, Bitcoin wicked down below the mark before continuing upward to record new all-time highs repeatedly. Most liquidations were longs at $454 million, with just $87 million in short liquidations. Bitcoin made up $156 million of the total liquidations, according to Coinglass, as of press time.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar

🪙 OKX removes USDT pairs in Europe as new stablecoin regulations loomCrypto exchange OKX is reportedly delisting Tether (USDT) pairs in the EU and will only support USDC and euro-based pairs, according to a message sent to a customer on March 18. The move comes days after the EU released draft technical standards related to stablecoins, which are set to come into effect from June.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar

📊 BTC and ETH Derivative Tokens Dominate by Securing Several Top Positions in the Crypto EconomyThroughout this month, bitcoin and ethereum have risen to their highest valuations in years. These two pivotal crypto assets have substantially influenced the cryptocurrency market, with bitcoin currently holding a 51.9% market dominance and ethereum at 17% as of mid-March 2024. Furthermore, in recent years, derivative tokens of bitcoin and ether have garnered significant popularity. Among these, STETH and WBTC stand out as preeminent, ranking within the top 20 of the crypto economy’s market capitalizations.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar

📉 **Memecoin BALD On Coinbase Layer-2 Faces Rug Pull Concerns As The Price Dropped Pver 80%

Investors** in the memecoin BALD on Coinbase’s Layer-2 Base were met with a sudden liquidity withdrawal from the BALD/WETH pool on the evening of July 31. The move caused the token’s price to plummet by over 80%, leading many to label it as a rug pull. Interestingly, the person behind BALD gradually added liquidity back to the pool while still holding a significant amount of 12,000 ETH in private wallets. However, due to the lack of a cross-chain bridge back to Ethereum on Layer-2 Base, the dispersed funds proved challenging.

The token’s Twitter account added to the intrigue by posting a status that seemed to recall a famous quote from Do Kwon, just before LUNA-UST collapsed. Previously, on Sunday, July 30, the crypto community on Twitter was abuzz with BALD—a new memecoin created on Coinbase’s Layer-2 Base. BALD, which stands for “headless,” playfully targeted Coinbase CEO Brian Armstrong. Despite being a newly created memecoin, the BALD/WETH pair on DEX LeetSwap experienced a staggering increase of over 30,000 times, currently ranking as the fifth-highest liquid swap pool on DEX Screener with $36.7 million. The estimated diluted capitalization for BALD stands at a respectable $70.3 million. Prominent figures in the crypto community further fueled the FOMO sentiment.

Sourcehttps://t.me/Bitcoin_Crypto_Coin_Calendar

📣 **Worldcoin Adoption Said to Be Accelerating; Sam Altman States 'One Person Getting Verified Every 8 Seconds'

Worldcoin**, a project that aims to become a digital decentralized ID that will serve to deploy a Universal Basic Income (UBI) system with Sybil protections, is seeing more interest from potential users, according to statements from its team. The project launched officially on July 24 after more than three years of development, and it is currently ramping up its presence in different parts of the world. Photos of the iris scanning devices, called “Orbs,” have been shown on Worldcoin’s social media accounts.

Sam Altman, CEO of Openai and co-founder of Worldcoin, posted a video on social media showing users waiting in line to be signed up using an Orb to verify their identities. Altman stated there were “crazy lines around the world,” declaring that one person was getting verified every 8 seconds. Due to the supposed high level of demand, Worldcoin is now allowing users to reserve their genesis airdrop of 25 WLD, the native token of the protocol, and be verified later to obtain it. However, reports indicate this demand might not be as high as Altman states. For example, a recent article published on SCMP declares only a few hundred participants registered in Hong Kong on Monday and Tuesday.

Sourcehttps://t.me/Bitcoin_Crypto_Coin_Calendar

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🇺🇸 **BarnBridge DAO advised to halt DeFi operations amid purported SEC probe

BarnBridge** DAO, which runs a small DeFi protocol, is facing an investigation from the U.S. securities regulator. The DAO’s lawyer advised that all BarnBridge-linked products halt operations in a Discord message sent Friday. “To reduce potential further legal liability, existing liquidity pools should be closed, and no more liquidity pools should be started,” Park said. “All work on BarnBridge-related products should stop, and individuals should no longer be compensated for any work they do related to BarnBridge until further notice.”

Douglas Park, an attorney who was only hired by BarnBridge last week, told DAO members on Friday via Discord that the Securities and Exchange Commission (SEC) is investigating BarnBridge and individuals associated with it. Tyler Ward, co-founder of BarnBridge, confirmed Park’s message on Discord, saying, “I’ve been advised to not comment on this going forward… This would be the worst thought-out rug attempt in history for us to make this up.” The total value locked of BarnBridge came in at $1.35 million on Friday, compared to its peak of around $574.9 million in November 2020, according to data from DeFi Llama. The price of BOND, BarnBridge’s native token, dropped 9.3% to $3.01 in the past 24 hours.

Sourcehttps://t.me/Bitcoin_Crypto_Coin_Calendar