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Jumat, 14 Maret 2025

👀BTC eyes $105K; CZ defends Trump

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Your Daily Digest of the 🔥Hottest News in Crypto

Today's top stories:

🧐 BTC eyes $105K

💀 Vitalik on AI apocalypse

👉 CZ denies Binance.US deal, defends Trump

📰 Keep reading to find out about all of today's top news & stories

Crypto regulation shifts as Bitcoin eyes $105K amid liquidity boost

Bitcoin's feeling the pressure, but the big-picture trends (and some behind-the-scenes power moves) are setting the stage for a six-figure comeback. BTC has bounced 8% from its March 11 low of $76,703, thanks to some deep-pocketed investors scooping up the dip with leverage.

Bitfinex margin longs just hit their highest level since November 2024, adding 13,787 BTC over the last 17 days—now sitting at a hefty $5.7 billion. 

The smart money is betting big on Bitcoin's upside, even if things look a little shaky right now.

Vitalik on AI apocalypse

Vitalik Buterin has thoughts (shocking, I know)

This time, he's sounding the alarm on centralized AI—warning that if power is concentrated in too few hands, it could let "a 45-person government oppress a billion people." Yikes.

Speaking at the OpenSource AI Summit in San Francisco, Vitalik argued that even a decentralized AI system isn't the magic fix. 

If a billion AIs just decide to merge into one super-intelligence… well, that's a whole new nightmare.

Banks push to block stablecoin legislation over market share fears

Big banks are sweating. 

The crypto industry's push for stablecoin legislation has them worried about losing their grip on the financial system. Enter the GENIUS Act—a bill that could give stablecoins more legitimacy but also threaten banks' dominance.

To pass, it needs 60 Senate votes, meaning some Democrats would have to cross party lines. Not an easy task when you've got crypto's arch-nemesis, Senator Elizabeth Warren, fighting to keep tech firms from issuing stablecoins altogether. 

Changpeng Zhao denies reports of a Binance.US deal, defends Trump

CZ isn't having it.

Former Binance CEO Changpeng "CZ" Zhao took to X on March 13 to shut down a Wall Street Journal report claiming he's been lobbying for a presidential pardon from Donald Trump. The article also suggested a potential business deal between Binance.US and the Trump family—claims CZ flat-out denies.

Let's be real—who wouldn't want a presidential pardon? But CZ insists that's not the play here. 

"Feels like the article is motivated as an attack on the President and crypto, and the residual forces of the 'war on crypto' from the last administration are still at work." he wrote.

ANALYSIS

US-Canada Tariff Flip-Flops Keep Bitcoin Miners on Edge

If there's one thing Bitcoin miners don't love, it's uncertainty—and Trump's back-and-forth trade policies with Canada are serving it up in spades. With energy prices and regulations shifting like quicksand, miners are scrambling to adjust their strategies, hoping to stay ahead of the latest tariff-induced curveballs.

—Written by Monica Hutchison

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