Addresses associated with the U.S. government transferred out 49,000 $BTC ($1.08B) seized from the Silk Road hacker 5 hrs ago.

Among them, 9,826 $BTC ($217M) was transferred to #Coinbase, and 39,175 $BTC ($867M) was transferred to 2 new addresses.https://t.co/kKwVzBvHLy pic.twitter.com/yLPoKu5sEH
— Lookonchain (@lookonchain) March 8, 2023

Bitcoin put options with an expiry date of April 28 were actively traded today

Bitcoin put options with an expiry date of April 28 were actively traded today, with nearly 7,000 contracts traded, exceeding $153 million. The proportion of recent bulk put option trading volume continued to grow. https://t.co/mpAu2A8CMU
— Wu Blockchain (@WuBlockchain) March 8, 2023

Fed Chair: Cryptocurrencies would “certainly” go to zero if the US launched a CBDC

JUST IN – Fed Chair: Cryptocurrencies would "certainly" go to zero if the US launched a CBDC.#Bitcoin: Hahahahahaha pic.twitter.com/mubzxnrF0S
— Bitcoin Magazine (@BitcoinMagazine) March 8, 2023

U.S. bankruptcy judge approves Binance US $1.3 bln deal for Voyager

BREAKING: U.S. bankruptcy judge approves Binance US $1.3 bln deal for Voyager

Congratulations @cz_binance 👏
— whalechart 🐳 (@WhaleChart) March 7, 2023

The volatility of the crypto market has been extremely low recently

The volatility of the crypto market has been extremely low recently. BTC’s ultra-short-term IV has fallen below 40%, and Ethereum’s has also fallen to 48%. Both open interest and trading volume at the end of the day have hit new lows. The market has entered a state of extremely… https://t.co/Zfhfwg9ebj pic.twitter.com/mf25yIUKat
— Wu Blockchain (@WuBlockchain) March 7, 2023

Bullish divergence on BTC 4hrs

$BTC 4-Hour

I am a simple man with a simple strategy.

Long oversold bullish divergence, sell overbought bearish divergence.

I wrote about this again in the newsletter a few days ago when RSI hit oversold. Wait for div, rinse repeat.

20m to confirm. pic.twitter.com/xO04CfVRRf
— The Wolf Of All Streets (@scottmelker) March 7, 2023

Coinbase launches Wallet as a Service

1/ Today, Coinbase is launching Wallet as a Service, a scalable and secure set of wallet infrastructure APIs, enabling companies to easily create fully customizable onchain wallets for their users and apps.https://t.co/Vm53pNuyNS
— Brian Armstrong (@brian_armstrong) March 8, 2023

2/ Wallet as a Service leverages advanced multi-party computation (MPC) cryptography for added security, helping keep user assets safe by securely dividing, encrypting and distributing keys to multiple locations.
— Brian Armstrong (@brian_armstrong) March 8, 2023

GBTC discount narrows to 35%

GBTC up 10%, discount now 35% after the hearing pic.twitter.com/fOJAWfIgjZ
— db (@tier10k) March 7, 2023

Gemini refutes reports it has cut ties with JPMorgan

[DB] Gemini Says Banking Relationship Remains Intact With JPMorgan: Tweet
— db (@tier10k) March 8, 2023

https://t.co/qTEy68wjzY
— db (@tier10k) March 8, 2023

Europe’s biggest asset manager, $2 trillion Amundi comments on Bitcoin

JUST IN – 🇪🇺 Europe's biggest asset manager, $2 trillion Amundi: "If inflation remains above target, #bitcoin’s limited supply may start to attract more attention" 🚀
— Bitcoin Magazine (@BitcoinMagazine) March 8, 2023

GBTC vs. BTC

$GBTC Vs. $BTC

GBTC just broke it's yearly high.

Bitcoin is nowhere close. pic.twitter.com/ICqm1NREfy
— The Wolf Of All Streets (@scottmelker) March 7, 2023

Silvergate’s demise is disproportionately affecting U.S.-based exchanges/market makers

In a clear sign that Silvergate's demise is disproportionately affecting U.S.-based exchanges/market makers, $BTC and $ETH depth has improved on international exchanges in the past month while U.S. exchanges have become less liquid. pic.twitter.com/tHn6ybNGF2
— Kaiko (@KaikoData) March 8, 2023

Uranium Finance hacker has started moving funds

#PeckShieldAlert After 647 days, @UraniumFinance hacker started move 2250 ETH (~$3.35m) stolen funds into @TornadoCash. On April 28, 2021, the hacker drained approximately $50 million worth of tokens from Uranium's “pair contracts”. https://t.co/mBhMxmAdS5 pic.twitter.com/OOF3R0w3ll
— PeckShieldAlert (@PeckShieldAlert) March 7, 2023

US Court likely to overturn SEC denial of Grayscale spot Bitcoin ETF

BREAKING: 🇺🇸 US Court likely to overturn SEC denial of Grayscale spot #Bitcoin ETF – Bloomberg Intelligence.

This could "unlock $5.5 billion in value" 🚀 pic.twitter.com/1Vij3cbJE3
— Bitcoin Magazine (@BitcoinMagazine) March 7, 2023

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

Ibiam Wayas

Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general public. He loves to associate with like-minded individuals and collaborate with them on similar projects. He spends much of his time honing his writing and critical thinking skills.