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Crypto-News-Flash
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Vietnam Moves to Regulate Crypto as PM Orders Urgent Legal Framework
- The Prime Minister of Vietnam has ordered the Ministry of Finance and the State Bank of Vietnam to draft a comprehensive regulatory framework for digital assets within this month.
- Vietnam aims to position itself at the forefront of financial innovation, secure tax revenue, and gain a competitive advantage in digital assets.
- The country has seen significant inflows of digital assets, with $120 billion flowing into Vietnam in 2023.
- The lack of a regulatory framework has led many businesses operating in Vietnam to register in Singapore and the US.
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Crypto-News-Flash
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Saylor on XRP: ‘Bullish’ Outlook Emerges After Crypto Reserve Announcement
- Bitcoin maximalist Michael Saylor sees the inclusion of altcoins in the US Crypto Strategic Reserve as a positive step toward progress in the industry.
- Saylor believes the multi-token reserve, which includes XRP, is bullish for Bitcoin and the broader crypto industry.
- Analysts at investment firm Bernstein express concerns about the inclusion of altcoins in the strategic reserve, questioning their sovereign rationale and stability as stores of value.
- XRP experienced a short-lived price surge after the announcement but has faced subsequent decline; an analyst predicts a potential explosive surge for XRP in the long term.
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Livebitcoinnews
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Dogecoin Has Ruled the Meme Coin Market—But This Altcoin Could Soon Take Its Crown
- Ozak AI (OZ) is a new entry in the meme coin market, offering actual utility through its combination of blockchain and artificial intelligence.
- Ozak AI provides AI predictive analytics, decentralized physical infrastructure networks (DePIN), and a robust system for governance, AI-powered functionalities, and seamless transactions.
- With the potential to disrupt traditional investment models and offer long-term value, Ozak AI could replace Dogecoin in the future.
- Ozak AI's Phase 3 presale is already gaining momentum, with analysts predicting its price to reach $1 by 2025.
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TheNewsCrypto
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XRP Retests $3; Ethereum Targets $3,000; New AI Crypto IntelMarkets (INTL) Could 15X in Q1
- XRP coin is retesting $3 and experiencing a significant leap after being included in the crypto strategic reserve.
- Ethereum (ETH) is targeting a breakout above $3,000 and is expected to reach its 30-day high of $3,300.
- IntelMarkets (INTL), a new AI coin, is gaining attention and is considered a promising investment in the crypto market.
- IntelMarkets (INTL) is expected to bring transformation to the crypto trading market with its AI-powered platform and potential for significant growth.
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Coinjournal
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Bybit CEO confirms that $280M of the stolen $1.4B is no longer traceable
- Bybit CEO confirms that $280M of the stolen $1.4B is no longer traceable
- Around 500,000 ETH was stolen from Bybit cryptocurrency exchange in a hack attributed to the North Korean hacking group Lazarus
- Hackers converted $1 billion in ETH to BTC using THORChain and distributed it across 6,954 wallets
- Bybit enlisted bounty hunters and security firms to freeze $42 million of the stolen funds
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TheNewsCrypto
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MegaETH Plans to Launch Real-Time Blockchain Testnet This Week
- MegaETH plans to launch its testnet on March 6, 2025.
- MegaETH aims to be the first real-time blockchain with high-speed L2 scaling solution.
- MegaETH prioritizes vertical scaling to achieve quicker transactions and 100,000 TPS.
- Ethereum co-founder, Vitalik Buterin, supports MegaETH project which could boost Ethereum blockchain usage.
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Newsbtc
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Why Is The Crypto Market Down Today?
- Crypto markets have experienced a significant downturn in just one day, with hundreds of billions of dollars shed.
- The sudden reversal raises questions about the sustainability of recent gains spurred by the new US Crypto Reserve announcement.
- The downturn is attributed to a global move towards the risk-off trade, driven by heightened trade war tensions and economic policy uncertainty.
- Safe haven assets, like gold, continue to outperform, while capital is rotating out of cryptocurrencies due to intensifying macroeconomic headwinds.
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TheNewsCrypto
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Ethereum (ETH) Struggles Below $2,100 as Market Sell-Off Deepens
- Ethereum (ETH) fell 10.51% to $2,102.21, with market cap down 10.44% to $253.5B.
- Whale activity adds volatility, with $81M in unrealized profit from ETH shorts.
- ETH is under selling pressure, mirroring the broader crypto market downturn.
- ETH faces immediate resistance at $2,200 and support at $2,000.
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Coinjournal
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Bitcoin Pepe emerges as a possible go to altcoin as crypto market bleeds
- The crypto market has crashed, losing $1.01 billion in liquidations.
- Bitcoin (BTC) has plunged below $84k while altcoins like ETH and SOL have slumped 15-20%.
- Bitcoin Pepe’s presale offers a compelling alternative with the price set to rise from $0.0255 to $0.0268 in next presale stage.
- Amid the crypto market crash, Bitcoin Pepe emerges as a possible go-to altcoin with a unique meme coin concept and a gradually rising presale price.
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NullTX
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ETHEREUM PRICE ANALYSIS & PREDICTION (March 3) – ETH Under Recovery as it Gathers Momentum For a Big Crash, Will $2k Hold?
- Ethereum failed to reclaim $3k level, plunges to key support level.
- Ethereum showed a major recovery but losing steam.
- Critical support level at $2,100 holding, $2,550 level acting as resistance.
- Potential crash target at $1,650, followed by a bounce back.
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Moneyweb
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Crypto prices sink on Trump reserve skepticism, tariff concerns
- Euphoria in digital-asset markets over Trump's plans for a crypto reserve turned to skepticism, leading to losses in cryptocurrencies amid concerns about tariffs on Mexico and Canada.
- Trump announced inclusion of XRP, SOL, and ADA tokens along with Bitcoin and Ether in the reserve, sparking a rally but later facing investor doubts.
- Crypto prices dropped, with Bitcoin down nearly 9% and Ether around 16%, after the announcement stirred uncertainties in the market.
- The Bloomberg Galaxy Crypto Index fell about 28% in February, adding pressure on Trump amidst a selloff and trade tariff worries.
- The plan for a crypto reserve, potentially from seized cryptocurrencies, lacked details and disappointed investors, contributing to the market slump.
- Trump's crypto czar, David Sacks, sold his cryptocurrency holdings before the administration took over amid uncertainties about the project.
- XRP, Solana, and Cardano tokens were announced to be included in the reserve, each having its own history and notable figures linked to them.
- Ripple's XRP, associated with Brad Garlinghouse, faced legal battles but gained support from Trump, showcasing a reversal of fortunes for the company.
- Solana, known for memecoins, saw Trump and his wife launch tokens on it, while Cardano struggles to compete with Ethereum in the decentralized finance market.
- The crypto industry's reaction to Trump's crypto reserve plan ranged from enthusiasm to skepticism, reflecting uncertainties in the market.
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Zycrypto
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Ether Bulls Are Buying The Dip, Institutional Inflows Outperform Bitcoin: Here’s More
- Ethereum bulls are buying assets following the crypto market dip, signaling a possible turnaround and increased demand in altcoins.
- Institutional investors have shown higher inflows in Ethereum, with $793 million inflows compared to $407 million for Bitcoin.
- Whales are moving assets off exchanges as they buy the dip, withdrawing over 224,410 ETH from centralized exchanges to hold for the long term.
- The recovery in ETH price and increased trading volumes indicate a positive sentiment and potential surge in Ethereum's value.
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Bitcoinsensus
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Best Ethereum Wallets for 2025: Secure & Store Your ETH
- Choosing the best Ethereum wallet can be overwhelming, especially with various options available for security and usability.
- Top software wallets for Ethereum like Ka.app, MetaMask, Trust Wallet, Coinbase Wallet, Rainbow Wallet, Uniswap Wallet, Phantom Wallet, Exodus Wallet mentioned.
- Hardware wallets such as Ledger Nano X & Nano S Plus, Trezor Safe 3 & Safe 5, SafePal X1, Ellipal Titan 2.0 recommended for maximum security.
- Ka.app highlighted for its intuitive interface, fiat support, low fees, personal IBAN & debit card, and robust security.
- MetaMask preferred for DeFi due to custom gas settings, token swapping, multi-network support but can have high transaction fees.
- Trust Wallet known for its mobile-friendly interface, multi-chain support, and low transaction fees, suitable for beginners.
- Overview of features and benefits of Ka.app like buying crypto with various methods, sending crypto for free, personal IBAN, and security measures.
- Steps to set up Ka.app wallet include completing the sign-up process, setting up a PIN code, completing KYC check, and downloading the web app.
- Various Ethereum wallets recommended based on user needs: beginners, NFT collectors, DeFi traders, and long-term storage users.
- Emphasis on choosing non-custodial wallets for control in managing Ethereum and other crypto assets to stay safe and secure.
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Bitcoinist
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‘Just Words’: Arthur Hayes Criticizes US Crypto Strategic Reserve, Cites Funding Concerns
- Arthur Hayes, the founder of BitMEX, has criticized the recently announced US Crypto Strategic Reserve, calling it 'just words' and questioning its feasibility without the approval of the US Congress.
- The US Cryptocurrency Strategic Reserve was announced by President Donald Trump, following the executive order to strengthen American leadership in digital financial technology. Trump stated that top cryptocurrencies made in the USA, including Solana, Cardano, XRP, Bitcoin, and Ethereum, would be part of the reserve.
- However, Hayes and other market analysts have expressed concerns about funding the reserve. They highlighted the need for congressional approval, allocation of funding sources, and the establishment of a compliance framework by various agencies.
- Some community members believe that Trump's announcement signals the start of a crypto arms race, with Bitcoin and Ethereum being considered as the most important assets.
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Bitcoinist
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Bitcoin and Ethereum Take a Hit as Crypto Fund Outflows Reach $2.9 Billion
- Over $2.9 billion was withdrawn from crypto asset investment products in the past week, leading to a total outflow of $3.8 billion in three weeks.
- Bitcoin accounted for the majority of the outflows, with $2.59 billion, while Ethereum saw its highest ever weekly outflows at $300 million.
- Altcoins such as Solana and Ton experienced notable withdrawals, but Sui and XRP managed to attract inflows of $15.5 million and $5 million respectively.
- Factors contributing to the outflows include the Bybit hack, a more hawkish Federal Reserve, and profit-taking after a 19-week inflow streak.
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