Plus: Ripple’s founder is leaving Earth
GM. Crypto’s fruit punch of the day: shaken, stirred, and prolly spiked with volatility.
🚨 Beware – not every Binance message is from Binance.
🍋 News drops: Ripple co-founder is literally shooting for the stars, ZachXBT identified the Hyperliquid whale + more
🍍 Market flavor today
The crypto market right now feels like dating someone with commitment issues – we get one good day, and then back to confusion 🥲
Yesterday gave us a little spark of hope, and today, we’re back to mid price action + fear.
Bitcoin briefly reached $87K but went right back to the $83K – $84K range just as quickly.
What happened? Well… Trump. Again.
He made a video appearance at the Digital Asset Summit in New York and became the first-ever sitting US president to show up at a crypto conference.
That alone is wild. And you’d think that kind of a headline would send prices flying. Obviously not.
See, before the video dropped, rumors were spreading around that Trump was gonna promise zero capital gains taxes on certain crypto or say something bullish about the strategic Bitcoin reserve.
Instead, he just repeated he wouldn’t sell the Bitcoin the government has confiscated and said Congress should finally do something about stablecoin regulations.
Cool… but nothing new.
So, what did traders do? The good ol’ buy the rumor, sell the news.
Trader Daan Crypto pointed out that Bitcoin’s stuck fighting some major technical levels – the 200-day moving average (MA) at $84.5K and the exponential moving average (EMA) at $85.2K.
(Quick refresher: the MA shows the average BTC price over the past 200 days, while the EMA does the same but responds more quickly to recent price changes.)
He says BTC needs to climb back above $89K – $90K if we want this rally to get serious again. Until then, it’s just sideways action.
Don’t worry tho’, we did bring a spoonful of hopium today, too.
CryptoQuant contributor Woominkyu noticed that the 30-day EMA of the Coinbase Premium Index is on its way to cross above the 100-day EMA.
Here’s what that means in non-nerd language:
The Coinbase Premium Index tracks how much more people are paying for Bitcoin on Coinbase (a US exchange) compared to other platforms. When that premium rises, it often means US institutions and whales are buying;
In the past, when this 30-day line crossed above the 100-day line, it usually translated to continued bull markets;
If this pattern holds, it could mean we’re in an accumulation phase – where institutions are quietly loading up before the next leg higher.
So yeah, we’re not totally doomed. If that premium keeps climbing, BTC might break out of this boring zone and push the bull market forward.
For now, though? We wait. And maybe cry a little – ain’t no shame about it in this economy.
🥝 Memecoin harvest
These memecoins are mooning harder than my landlord’s rent hikes 🏠
Data as of 07:40 AM EST.
Check out these memecoins and plenty more here.
🧃 Sip of gains
Heads up, traveler – there’s a new BitDegree Mission live, and it’s got treasure at the end 🏆
Complete it, and you’ll get an exclusive 10% discount on the Trezor Model T and Model One – the kind of gear upgrade every crypto explorer needs.
You’ve got until April 2. You’ve got the quest. Go claim that loot.
The Australian Federal Police, the National Anti-Scam Centre, and Binance Australia have a message for you: at the end of the day, you can’t trust anybody.
Okay, maybe they didn’t say it exactly like that… but if they had, it would’ve been cold af.
Anyways, what they did say is that scammers are getting really good at what they do.
And here’s one scheme you need to know about:
Fraudsters slide into people’s text messages and encrypted chat apps pretending to be Binance support. They say there’s been a security breach on your crypto account and tell you to set up a new wallet to protect your money.
Yes, it sounds sketchy, but the thing is, these messages show up in an existing Binance chat thread – so they do look legit at first glance.
As you can see, they drop a support number.
When you call it, a “Binance representative” (wink wink 😈) tells you to transfer your crypto to a “trust wallet” (wink wink 😈) to keep it safe.
Spoiler alert: you’re actually sending money to an account the scammer controls.
Then, the scammer transfers your crypto through a network of wallets and money laundering accounts, which makes it super hard to trace or recover.
Authorities say over 130 Aussies have already been caught in this trap.
In response, they launched a mass warning campaign – sent out texts and emails to potential victims.
So, what’s the moral of the story?
NEVER give out sensitive info like your seed phrase, and NEVER move your crypto just because someone says it’s urgent – even if it seems legit.
When in doubt, double-check through trusted, official sources.
(Binance actually has a tool for that – called Binance Verify – where you can confirm if a source is verified.)
Stay safe out there 💪
Now you’re in the know. But think about your friends – they probably have no idea. I wonder who could fix that… 😃🫵
Spread the word and be the hero you know you are!
🍋 News drops
🇦🇺 Australia plans to bring crypto exchanges under TradFi laws. They also wanna do something about banks randomly cutting off crypto businesses.
🛰 Jed McCaleb – the guy who started Mt. Gox and co-founded Ripple – is now aiming way higher. Literally. He’s working on launching a commercial space station by May 2026.
😮 Bithumb’s in hot water. South Korean officials are investigating claims that ex-CEO now-advisor Kim Dae-sik used $2M of company funds to cover his apartment lease.
👀 Officials from the Trump administration want to change how the US handles foreign aid – and their plan includes blockchain.
🔍 Crypto detective ZachXBT says he’s tracked down the whale who made $20M trading on Hyperliquid and GMX. He says it’s a British hacker named William Parker, who was arrested last year for allegedly stealing $1M from two casinos.
