Salvadoran President Nayib Bukele stated on social media that one Bitcoin per day plan has just been deposited today. Data shows that El Salvador holds 5,690 Bitcoins.
Previously, Golden Finance reported that Salvadoran President Nayib Bukele stated that $400 million worth of Bitcoin will be transferred to a cold wallet, which will be stored in a vault within El Salvador's borders.
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Pantera Capital has invested in decentralized derivative trading platform Aevo, according to Paul Veradittakit, managing partner of Pantera Capital. However, he did not disclose the specific time and amount of the investment transaction. Other investors in Aevo include Paradigam, Dragonfly Capital, and Coinbase Ventures.
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BlackRock officially updated the holding data of its spot Bitcoin ETF, and as of March 13th, the IBIT Bitcoin holding volume reached 223,645.98255 BTC. This means that its holding volume has exceeded 1% of the theoretical maximum supply of 21 million Bitcoins. In addition, the current market value of IBIT's Bitcoin holdings has reached $16,354,611,204.29, setting a new historical high, with the current circulating share amount rising to 378,520,000.
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CoinGecko data shows that the total market value of cryptocurrencies has reached $2.85 trillion. In addition, BTC's market share is 49.5% and ETH's market share is 16.4%.
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According to market data on March 10th, the Mantle ecology Meme project Puff token PUFF briefly broke through $0.15 before falling back and is now priced at $0.122, with a 24-hour increase of over 28%.
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A large buyer who spent $2.3 million to buy BOME tokens on March 15th has recently started trading. Nine hours ago, the buyer exchanged 9.75 million BOME for 153,000 SLERF, and 50 minutes ago sold the SLERF to exchange back to 114 million BOME, successfully increasing their holdings by 1.65 million BOME. In addition, over the past 9 hours, the buyer has accumulated 50 million BOME exchanged for 79.7 billion BIBO, with a current loss of $310,000 from this operation.
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Eric Balchunas, a senior ETF analyst at Bloomberg, said that Bitcoin ETFs will eventually surpass gold ETFs, and the only thing that could disrupt this trend is a black swan event. The current power of these ETFs is beyond imagination. As long as the price of Bitcoin continues to rise (three to four days a week), I really don't see anything slowing down this trade for a period of time because it is now spiraling upwards and somewhat dependent on the price of Bitcoin. The higher the price, the more people will experience FOMO and become interested, and the more inflows will lead to higher prices.
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U.S. prosecutors are asking the courts to imprison former FTX CEO Sam Bankman-Fried for up to 50 years, according to a memo filed on Friday.
Bankman-Fried, who is set to be sentenced on March 28, should be in prison for 40 to 50 years, according to a memo signed by U.S. Attorney Damian Williams in the U.S District Court for the Southern District of New York.
"With all the advantages conferred by a comfortable upbringing, an MIT education, a prestigious start to his career in finance, and a worthy idea for a startup business, Bankman-Fried could have pursued the rewarding, productive, and altruistic life he has sketched out in his sentencing submission," prosecutors said. "But instead, his life in recent years has been one of unmatched greed and hubris; of ambition and rationalization; and courting risk and gambling repeatedly with other people’s money. And even now Bankman-Fried refuses to admit what he did was wrong."
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According to a February court filing, Bankman-Fried's lawyers asked for the former executive's prison sentence to be between 63 and 78 months. Last month, Bankman-Fried's family members wrote to the court about concerns they had about their son being in prison.
Bankman-Fried was found guilty in November by a jury in New York of all seven criminal counts of defrauding the customers, lenders and investors of FTX.
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