CEO of Galaxy Digital, Mike Novogratz, said that the US debt crisis has made it "so easy to convince people to buy Bitcoin and other hard assets". As warnings about the US debt crisis continue to increase, some investors are exploring Bitcoin as a potential hedging tool. Mike Novogratz is a staunch supporter of Bitcoin. He recently predicted that BTC will reach $100,000 this year.

Bitcoin mining company Gryphon Digital Mining has submitted a pre-motion letter to the Southern District Court of New York requesting permission to file a pre-trial seizure motion to seek the $10 million equity gain recently obtained from the settlement with Core Scientific in bankruptcy exit. Gryphon hopes to ensure that the funds can be used for any judgment that may be received due to Sphere's alleged breach of contract, which has caused losses of at least $30 million. Sphere is accused of violating the exclusivity clause in its agreement with Gryphon by signing at least four hosting agreements with other providers. 

BTC has temporarily broken through 70,000 USDT and is currently trading at 69,952 USDT, with a 24-hour decline narrowing to 0.17%.

On-chain data shows that Bitcoin whales have experienced the largest buying frenzy since 2012 in the past month. They have purchased over 268,000 BTC in the past month. Analyst James Van Straten on X platform stated that Bitcoin accounts holding 100 to 1000 BTC have conducted large-scale net buying actions in the past month. The net position change of Bitcoin whales has been at a highly positive level recently.In the past 30 days, whales have net purchased approximately 268,441 BTC, currently worth nearly $18.6 billion, which is the largest accumulation amount for these holders since 2012.

According to Whale Alert, a chain data tracking service, an address containing 500 BTC that had been dormant for 11.7 years was activated about an hour ago. The value of the address is approximately $34,726,301.

According to official data from BlackRock, as of March 28th, the holdings of its physical Bitcoin ETF, IBIT, have reached 252,011.4093 BTC, with a market value of approximately $17,832,735,583.58, setting a new historical high. The current number of circulating shares has risen to 440,040,000.

The market shows BTC has broken through $70,000, currently reporting at $70,001.76. The intraday decline has reached 0.89%, and the market fluctuations are large, so please be cautious with risk control.

Bitcoin Magazine posted on social media that Google has indexed bitcoin data in its search engine.

Bitcoin has hit a new all-time high of $72,000, with potential macroeconomic uncertainty and upcoming elections affecting its price. The approval of 11 spot bitcoin exchange-traded funds by the U.S. SEC and the upcoming 4th Bitcoin Halving event in mid-April are two key factors contributing to its positive performance. The halving process, which reduces bitcoin's supply, is expected to have a positive impact on its price and could lead to increased mainstream adoption in 2024. While the impact of the halving on the BTC market in 2024 and beyond remains to be seen, smart traders and investors understand the importance of history repeating itself.

Bitcoin appears to be experiencing a "seller liquidity crisis". The on-chain analysis platform CryptoQuant pointed out that record-breaking Bitcoin demand combined with a decrease in seller liquidity has caused Bitcoin's liquidity inventory to drop to its lowest level in several months. The organization estimates that if the current market growth rate is maintained, the current Bitcoin seller liquidity inventory is only sufficient to meet demand for twelve months. CryptoQuant added that its calculations only include "accumulation addresses" (i.e. those addresses that have not had outgoing transactions), which means that net demand may still be higher.

Monitoring data disclosed by Arkham on the X platform shows that the fifth largest Bitcoin address transferred almost all of its holdings, approximately 94,500 BTC (worth about $6.05 billion), to three new addresses in the early hours of Saturday, March 23. Only 1.4 BTC remained in the original address. These Bitcoin have not moved since they were received in 2019, and it is currently unclear who owns the address, which does not appear to be associated with any exchanges.

According to market data, BTC has surpassed $68,000, currently trading at $68,001 with a daily increase of 3.97%. The market is volatile, please exercise caution and risk control.

1.Moonbeam has completed the airdrop distribution of Polkadot ecological meme currency PINK2.The total number of Ordinals inscriptions minted exceeded 63 million, and the fee income exceeded 400 million US dollars.3.BOME founder: 2543 SOL will be transferred to the new address and sent to 415 wallets as a reward refund4.BottoDAO, a decentralized autonomous organization focusing on digital art NFTs, completed US$1.67 million in financing, led by 1kx5.The current open interest on Binance BTC contracts is approximately $7.13 billion6. Polyhedra Network: We are working on introducing zero-knowledge proof technology to Bitcoin to realize smart contract functions and high-speed cross-chain bridging.8.Stable currency project DYAD has been launched on the KEROSENEN airdrop query website 7.After the Ethereum Dencun upgrade, the L2 rollup gas cost for publishing Chainlink oracle reports dropped by 99% 9.Partisia token MPC was launched on multiple exchanges such as Kucoin, and an airdrop of 25 million tokens was launched to encourage ecological participation. 10.L2 Tech to Fuel Bitcoin (BTC) Price Rise

Bitcoin's price target has been raised by analysts due to the surge in tech innovation, with Layer 2 (L2) solutions being closely watched for their transformative impact on scalability, security, and decentralization. Muneeb Ali, CEO of Trust Machines, believes that L2 technologies will revolutionize scalability problems and improve the efficiency of BTC transactions. The development of the Ordinals protocol, BRC-20 tokens, and BitVM smart contracts have also contributed to the revival of the free Bitcoin economy, with Elastos' BTC Oracle and BeL2 expanding the use of Bitcoin in DeFi protocols and beyond. The market response to these technological advances has been overwhelmingly positive, with Bernstein analysts increasing their forecast price of Bitcoin to $90,000 by the end of the year.

The market shows BTC has broken through $65,000 and is currently trading at $65,043.2, with a daily increase of 0.95%. The market is volatile, so please be prepared for risk management.

The United Kingdom police reportedly stated that the seizure was the "largest of its kind" in the nation's history, with a sentencing date set for May.

According to on-chain analyst Ali's monitoring data, accumulation addresses have flowed into over 25,000 BTC, equivalent to $1.6 billion, this Friday, setting a new record for the highest daily inflow of accumulation addresses since 2024.

According to Whale Alert, a blockchain data tracking service, the total amount of Bitcoin wallet transfers on Friday exceeded $2.3 billion, including 5 large transactions, with the smallest involving 4,799 BTC, and two withdrawals from Coinbase (8,172 BTC and 8,136 BTC respectively). On-chain analyst Ali Martinez pointed out that anonymous addresses on Friday accumulated more than 25,000 BTC, worth about $1.6 billion, setting a new record for single-day cumulative wallet inflows since 2024.

Floki hopes to expand beyond memecoin status by introducing debit cards, digital accounts and educational platforms for users.

Odaily Star Daily News Polyhedra Network released a video on the X platform, introducing the achievements and future vision of the project. It was mentioned that the engineering team has developed multiple protocols, including Libra, Virgo, deVirgo, Pianist, Marlin, Gemini, and Orion. These protocols greatly improve proof speed while ensuring proof size and verification costs remain unchanged.