BTC breaks through the $85000 mark

With a post to social media platform X, Donald Trump-backed World Liberty Financial appeared to refute claims it held talks with Binance.The Wall Street Journal reported Trump’s family discussed buying a stake in Binance’s U.S. arm. Bloomberg also said World Liberty Financial held talks.

Goldman Sachs mentioned cryptocurrencies in its annual shareholder letter, acknowledging their increasing role in financial markets and competition.While highlighting the growing adoption of blockchain and digital assets, the firm warned about potential risks, including cybersecurity vulnerabilities and market volatility.

In the past 24 hours, there have been large transactions, with the main force buying a total of $31.98 million and selling only $3.03 million, resulting in a net inflow of $28.95 million and a buy sell ratio of 10.54:1, clearly indicating a long signal. Especially at 23:27 last night, three consecutive large market orders totaling over $12 million directly pushed the price up to $84963. However, the current 2-hour cycle K-line trading volume has significantly shrunk, and market activity has plummeted. Combined with the convergence of the overbought area of the KDJ indicator, there may be a slight pullback in the short term. But the price remains stable above the EMA24 and EMA52 moving averages, and the upward trend has not changed. Proactively grasp the main trends and accurately capture market turning points! Open membership immediately, unlock large transaction indicators, and gain insight into every key fund movement! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.

On March 14th, according to a memo released by the White House, David Sacks, the head of artificial intelligence and cryptocurrency affairs, sold over $200 million in digital asset related investments through his personal and company Craft Ventures before taking office. Among them, at least $85 million is directly attributed to Sacks, but Craft Ventures still holds some fund investments involving cryptocurrency assets. Sacks emphasized that selling assets is to "avoid any suspicion of conflict of interest". Sacks sold all its holdings of Bitcoin, Ethereum, and Solana, and cleared its shares in Bitwise 10 Crypto Index Fund, Coinbase, and Robinhood. In addition, he has also begun to withdraw from limited partnership interests in cryptocurrency investment funds such as Multicoin Capital and Blockchain Capital.

According to BlockBeats, on March 14th, the National Securities Commission (CNV) of Argentina officially approved General Resolution 1058, establishing final regulatory guidelines for virtual asset service providers (VASPs). The new regulations cover registration obligations, network security, asset custody, anti money laundering measures, and risk disclosure, aiming to ensure the transparency, stability, and user protection of the cryptocurrency ecosystem. According to the new regulations, VASP must ensure the separation of company and client funds, conduct regular annual audits, and submit monthly reports to CNV. In addition, unregistered enterprises or those who violate regulations may face registration revocation or court blockade. In terms of compliance deadlines, registered individual service providers need to complete adjustments before July 1st, local registered companies need to comply before August 1st, and overseas companies need to meet the new requirements before September 1st. CNV Chairman Roberto E. Silva said, "Those who fail to comply on time will not be allowed to operate in Argentina