Bitcoin accumulation by crypto whales signals future bullish trend

Amid the bearish trend sweeping the cryptocurrency market, leading market intelligence platform Santiment has highlighted a potential bullish signal.

Santiment specialists see an optimistic signal in the activity of large investors in Bitcoin (BTC), Tether (USDT) and USD Coin (USDC). The accumulation of these cryptocurrencies by crypto whales may become a decisive indicator for a possible recovery.

Analysis of market sentiment showed that strategic accumulation by large holders could pave the way for a bullish reversal and a retracement of last week's two-year high.

In addition, Santiment's analysis showed that wallets with 10-10 thousand Bitcoins (BTC) currently make up 66.27% of the total number of addresses. This is the lowest percentage since September 26, 2018.

The organization's report highlights that the current supply represents the smallest amount of BTC since June 20, 2023, at 12.99 million coins. Note that the market value of these tokens exceeds $530 billion.

#BTC!💰 #Tether #USDCoin
$BTC $USDC

USD Coin will host an AMA on Zoom on April 2

On April 2, Circle will host a Q&A session via Zoom to discuss the current state of the USDC economy. The discussion will focus on the future of money, especially as it relates to the USDC economy and the evolving financial landscape.

You can find more detailed information in the official USDC tweet
#USDC #USDCoin #USDC: #news #CryptoNews

STATE OF THE DAOs

According to DееpDАО.iо, there are 12,866 organizations accounting for $23.2B total treasury with $19.9B of liquid and $3.3B of vested assets. During the last month, total #DAO treasury has dropped by $2.1B marking an 8% decrease.

The most common treasury stablecoins are #USDCoin and #DAI . Organizations with the biggest lifetime participants are #Arbitrum (118.5K), #Optimism (88.7K), and Ethereum Name Service (87.8K). The biggest number of proposals are in Aragon (624), Polkadot (364), and Frax Finance (302).

Watchdog Group Intensifies Claims Against Circle and Tron

CfA intensifies allegations against Circle and Tron, citing concerns over CCTP and links to terrorist funding activities.
Recently, the nonprofit ethics group Campaign for Accountability (CfA) has reiterated its allegations against Circle, the issuer of USD Coin (USDC). On December 14, CfA released an open letter, intensifying its claims that Circle is involved in activities facilitating terrorist funding. This follows their initial accusation on November 9, addressed to US Senators Elizabeth Warren and Sherrod Brown.

Circle’s Past Ties with Justin Sun Examined

The core of the CfA’s latest allegations centers around Circle’s use of the Cross Chain Transfer Protocol (CCTP). This technology allows the transfer of USDC across various blockchain networks, including Tron. The CfA’s executive director, Michelle Kuppersmith, highlighted concerns in the letter, suggesting that the CCTP might be a conduit for illicit financial activities.

The letter highlighted Tron’s history of involvement in law enforcement actions related to organized crime and sanctioned entities. Tron founder Justin Sun, who had previously faced allegations of money laundering in 2019, has denied these claims.

The CfA’s letter also shed light on Circle’s business dealings with Justin Sun. Kuppersmith noted that Circle had acknowledged a previous customer relationship with Sun. However, Circle’s head of public policy, Dante Disparte, indicated that Circle had ceased all business with Sun and his affiliated companies as of February 2023. This admission by Circle has raised questions about the nature and extent of its past interactions with Sun.

According to a Reuters report cited by the CfA, Tron has reportedly become a preferred platform for crypto transfers linked to groups designated as terrorists by various countries, including Israel and the United States. Insights from financial crime experts and blockchain investigations specialists supported this claim. $TRX $USDC #Trx #USDCoin

Crypto hacker appeared months later: The danger is increasing.

The hacker behind the $82 million Orbit Chain attack on New Year's Eve transferred $47.7 million of cryptocurrency to Tornado Cash after five months of silence.

According to blockchain analysis firm Arkham Intelligence, a total of 12,932 Ether (ETH), worth $47.7 million, was moved to a new address and sent to Tornado Cash in seven transactions on June 8. This attack reportedly caused $82 million in damage, but Arkham's latest posts suggest it's closer to $100 million.

Arkham, one of the first companies to notice the transfer, said in its June 8 Etherscan data shows that the $47.7 million in Ether sent through Tornado Cash was mostly in batches of 100 ETH.
The hacker did not move the $20 million worth of stolen Dai (DAI) or other coins mined from the cross-chain bridge. Their balance currently stands at $71.2 million; This includes $51.1 million in Ether and small amounts of #Bitcoin (wBTC), #Ether (wETH), #OrbitChain (ORC) and #USDCoin (USDC).

The attack took place in the last hours of 2023. Orbit Chain confirmed the cyberattack the next day and said it was “actively engaging” with international law enforcement. Orbit Chain's “We are offering a maximum reward of $8 million.”

According to DefiLlama, approximately $37 million in total value is locked in Orbit Chain. But this figure is 75 percent lower than the $149.25 value locked in the protocol a few hours before the December 31 attack.
$BTC $USDC $ETH