FomoScope - Crypto FOMO Detection & Analysis

thedefiant.io Mar 22, 2025 19:05

Trump Displays Bitcoin White Paper at White House - On March 22, 2025, U

BTC

FOMO: 90%

news.bitcoin.com Mar 22, 2025 17:30

Blackrock’s IBIT Carries Bitcoin ETFs to 6th Day of Inflows - Spot bitcoin exchange-traded funds (ETFs) attracted $83.09 million on Friday, with the majority of the capital funneled into Blackrock’s IBIT. Bitcoin ETFs End Week in the Green as IBIT Draws $104.99M U.S. spot bitcoin ETFs closed the week on a positive note, drawing in approximately $83.09 million on March 21, according to figures from sosovalue.com. […]

FOMO: 85%

thedefiant.io Mar 22, 2025 17:05

Bitcoin Reaches $1.7 Trillion Market Cap, Now 1.3% of $128 Trillion Global Money Supply - Bitcoins market capitalization has reached $1

BTC

FOMO: 85%

cointelegraph.com Mar 22, 2025 16:40

Pakistan Crypto Council proposes using excess energy for BTC mining - Bilal Bin Saqib, the CEO of Pakistans Crypto Council, has proposed using the countrys runoff energy to fuel Bitcoin (BTC) mining at the Crypto Councils inaugural meeting on March 21.According to an article from The Nation, the council is exploring comprehensive regulatory frameworks for cryptocurrencies to attract foreign direct investment and establish Pakistan as a crypto hub.The meeting included lawmakers, the Bank of Pakistans governor, the chairman of Pakistans Securities and Exchange Commission (SECP), and the federal information technology secretary. Senator Muhammad Aurangzeb had this to say about the meeting:“This is the beginning of a new digital chapter for our economy. We are committed to building a transparent, future-ready financial ecosystem that attracts investment, empowers our youth, and puts Pakistan on the global map as a leader in emerging technologies.”The Crypto Council represents a radical departure from the government of Pakistans previous stance on crypto. In May 2023, former minister of state for finance and revenue, Aisha Ghaus Pasha said crypto would never be legal in the country.Pasha cited anti-money laundering restrictions under the Financial Action Task Force (FATF) as the primary motivation for the governments anti-crypto stance.The presence of Bitcoin miners can stabilize electrical grids. Source: Science Direct Related: Pakistan eyes crypto legal framework to boost foreign investmentPakistan follows the United States in embracing cryptoThe government of Pakistan moved to regulate cryptocurrencies as legal tender on November 4, 2024 — the same day as the elections in the United States.Following the re-election of Donald Trump in the US and the Jan. 20 inauguration, Trump moved quickly to establish pro-crypto policies at the federal level.On Jan. 23, President Trump signed an executive order establishing the Working Group on Digital Assets — an executive advisory council tasked with exploring comprehensive regulatory reform on digital assets.President Trump signs executive order establishing the President’s Working Group on Digital Assets. Source: The White HouseThe Jan. 23 order also prohibited the government from researching, developing, or issuing a central bank digital currency (CBDC).President Trump also signed an executive order creating a Bitcoin strategic reserve and a separate digital asset stockpile in March 2025 that will likely include cryptocurrencies made by US-based firms.Magazine: How crypto laws are changing across the world in 2025

FOMO: 85%

finbold.com Mar 22, 2025 16:27

Bitcoin flashes signal that could explode to targets above $200,000 - .

BTC

FOMO: 90%

cointelegraph.com Mar 22, 2025 15:00

Bitcoin sidechains will drive BTCfi growth - Opinion by: Brendon Sedo, Core DAO initial contributorBitcoin is outgrowing the “digital gold” narrative. The primary driver of this shift is the rise of Bitcoin DeFi (BTCfi), which looks beyond the mere store-of-value use cases. In 2024, Bitcoin (BTC) became a natively yield-generating asset and the centerpiece of Ethereum-style decentralized finance ecosystems. 2025 is when that kindling can grow its flame on innovative Bitcoin sidechains. Most past attempts to tap Bitcoin’s value as a productive asset required significant changes to its base layer. That’s a big reason they failed. The Bitcoin layer 1 is not designed for much change, leaving most Bitcoiners to merely hodl and not do much else. The result is that Bitcoin remained underutilized as a network and an asset.Bitcoin sidechains have emerged as the perfect solution to all these problems, scaling Bitcoin’s utility without altering or being limited by the base layer. Naturally, these protocols will be the most potent catalyst for BTCfi’s growth, especially with BTC surpassing $100,000, constituting over 60% of the total crypto market share, and entering a new regulatory landscape with the first “pro-crypto” US government regime.Scaling Bitcoin, a productive assetPer Hal Finney, “Bitcoin itself cannot scale to have every single financial transaction […] included in the blockchain.” That’s why there’s a need for a secondary level of payment’ in his view. For a long time, the blockchain space ignored Finney’s call to action and prioritized innovation that isolated Bitcoin. However, innovations previously limited to chains like Ethereum are now crossing over to the world of Bitcoin. Sidechains, rollups and other scaling solutions offer more options for holders who want Ethereum-style utility while remaining aligned with Bitcoin. This prepared the ground for BTCfi, where holders can access a range of income-generating solutions like staking, lending and derivatives. The industry is, however, still in the early innings of this revolution in Bitcoin. As of November 2024, merely 0.8% of its circulating supply is utilized for DeFi use cases, according to Galaxy Digital. Out of Bitcoin’s roughly $2 trillion market cap, less than $7 billion comprises BTCfi TVL.While this may appear unencouraging, it highlights the massive remaining opportunity. Bitcoin L2 infrastructure scaled 7x from 2021 to November 2024. Recent: Bitcoin DeFi TVL up 2,000% amid bumper 2024 for BTC price, adoptionMore importantly, it has accounted for a sizable share of new liquidity flowing into BTC, besides institutional products like exchange-traded funds (ETFs). Even if the supply of Bitcoin in BTCfi platforms and sidechains grows by 0.25% annually, the sector will have a total addressable market of $44 billion to $47 billion by 2030, according to Galaxy Digital. However, as Bitcoiners know, this is a conservative estimate and would be accelerated by accelerating BTC price action or even more Bitcoin DeFi adoption. VCs, for one, have started to recognize the potential of Bitcoin sidechains, investing over $447 million already, according to Galaxy Digital. Of this, about $174 million was invested in Q3 2024, setting the stage for more explosive growth in 2025. More funding for early-stage projects will ensure more successful launches, innovations, choices for users, and overall value. As Bitcoin-native solutions provide access to productive use cases for Bitcoin, users will no longer need to rely on trusted intermediaries and Bitcoin-agnostic smart contract platforms. Sacrifices that were necessary to expand the utility of Bitcoin in the past will no longer be required. That can unlock substantial value for principled BTC holders and even the Bitcoin network itself. Yields on Bitcoin for BitcoinSo far, bridging to Turing-complete Ethereum Virtual Machine (EVM) chains has been a go-to way to facilitate yields and other financial use cases on Bitcoin. For example, the wrapped Bitcoin (WBTC) market on Ethereum is more than $10 billion. While solutions like WBTC have been suitable for some, many Bitcoin holders prefer not to entrust custodians with their capital or rely on chains like Ethereum, which do not align with Bitcoins consensus principles or support the network at all. BTCfi, defined by Bitcoin-aligned and Bitcoin-powered infrastructure, is a solution from which both WBTC users and Bitcoin purists can benefit. Users who are already accustomed to Ethereum’s smart contract sophistication can continue to enjoy that EVM experience while also growing closer to Bitcoin’s roots. Principled Bitcoin users can get more options for their BTC’s utility if the sidechain aligns with the base network. Bitcoin holders also gain access to BTC derivatives superior to Ethereum-native solutions like WBTC. Yield-bearing BTC derivatives on Bitcoin-aligned sidechains are a 100x improvement, offering self-custody and previously unavailable yield sources to Bitcoin holders. Overall, BTCfi can be much more significant. Not just compared to where it is now, but also vis-a-vis EVM and SVM-based DeFi. Bitcoin sidechains are already driving this shift, and will continue to do so throughout 2025. All that is needed is the right approach and consistency regarding development and product pipelines.For BTCfi, the path is clear: Deliver use cases with product-market fit to Bitcoin holders on Bitcoin-powered platforms. This will lay the foundation for generating even more value for the Bitcoin community as a whole. And ultimately, there will be a positive flywheel of Bitcoin adoption. The institutional side led headlines in 2024. Now, it’s time for the native, onchain camp to show its strength and deliver. Opinion by: Brendon Sedo, Core DAO initial contributor.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

FOMO: 90%

cryptopolitan.com Mar 22, 2025 13:20

Tron community considers Bitcoin halving-style block reward cuts to boost TRX tokenomics - Tron Network founder Justin Sun has called on community members to engage with a new proposal seeking to reduce block rewards on the network. In a post on X, Sun said TRX entering a halving cycle similar to Bitcoin would be great for the network. According to Sun, who shared his thoughts on the...

BTC

FOMO: 90%

cointelegraph.com Mar 22, 2025 13:00

Will new US SEC rules bring crypto companies onshore? - Once, long ago, cryptocurrency companies operated comfortably in the US. In that quaint, bygone era, they would often conduct funding events called “initial coin offerings,” and then use those raised funds to try to do things in the real and blockchain world.Now, they largely do this “offshore” through foreign entities while geofencing the United States.The effect of this change has been dramatic: Practically all major cryptocurrency issuers started in the US now include some off-shore foundation arm. These entities create significant domestic challenges. They are expensive, difficult to operate, and leave many crucial questions about governance and regulation only half answered. Many in the industry yearn to “re-shore,” but until this year, there has been no path to do so. Now, though, that could change. New crypto-rulemaking is on the horizon, members of the Trump family have floated the idea of eliminating capital gains tax on cryptocurrency, and many US federal agencies have dropped enforcement actions against crypto firms.For the first time in four years, the government has signaled to the cryptocurrency industry that it is open to deal. There may soon be a path to return to the US.Crypto firms tried to comply in the USThe story of US offshoring traces back to 2017. Crypto was still young, and the Securities and Exchange Commission had taken a hands-off approach to the regulation of these new products. That all changed when the commission released a document called “The DAO Report.”For the first time, the SEC argued that the homebrew cryptocurrency tokens that had developed since the 2009 Bitcoin white paper were actually regulated instruments called securities. This prohibition was not total — around the same time as The DAO Report’s launch, SEC Director of Corporate Finance William Hinman publicly expressed his views that Bitcoin (BTC) and Ether (ETH) were not securities.To clarify this distinction, the commission released a framework for digital assets in 2019, which identified relevant factors to evaluate a token’s security status and noted that “the stronger their presence, the less likely the Howey test is met.” Relying on this guidance, many speculated that functional “consumptive” uses of tokens would insulate projects from securities concerns. In parallel, complicated tax implications were crystallizing. Tax advisers reached a consensus that, unlike traditional financing instruments like simple agreements for future equity (SAFEs) or preferred equity, token sales were fully taxable events in the US. Simple agreements for future tokens (SAFTs) — contracts to issue future tokens — faced little better tax treatment, with the taxable event merely deferred until the tokens were released. This meant that a token sale by a US company would generate a massive tax liability.Related: Trade war puts Bitcoin’s status as safe-haven asset in doubtProjects tried in good faith to adhere to these guidelines. Lawyers extracted principles and advised clients to follow them. Some bit the bullet and paid the tax rather than contriving to create a foreign presence for a US project.How SEC v. LBRY muddied watersAll this chugged along for a few years. The SEC brought some major enforcement actions, like its moves against Ripple and Telegram, and shut down other projects, like Diem. But many founders still believed they could operate legally in the US if they stuck to the script. Then, events conspired to knock this uneasy equilibrium out of balance. SEC Chair Gary Gensler entered the scene in 2021, Sam Bankman-Fried blew up FTX in 2022, and an unheralded opinion from Judge Paul Barbadoro came out of the sleepy US District Court for the District of New Hampshire in a case called SEC v. LBRY.The LBRY case is a small one, affecting what is, by all accounts, a minor crypto project, but the application of law that came out of it had a dramatic effect on the practice of cryptocurrency law and, by extension, the avenues open to founders. Judge Barbadoro conceded that the token may have consumptive uses but held that “nothing in the case law suggests that a token with both consumptive and speculative uses cannot be sold as an investment contract.” He went on to say that he could not “reject the SECs contention that LBRY offered [the token] as a security simply because some [token] purchases were made with consumptive intent.” Because of the “economic realities,” Barbadoro held that it did not matter if some “may have acquired LBC in part for consumptive purposes.” This was devastating. The holding in LBRY is, essentially, that the factors proposed in the SEC framework largely do not matter in actual securities disputes. In LBRY, Judge Barbadoro found that the consumptive uses may be present, but the purchasers’ expectation of profit predominated. And this, it turned out, meant that virtually any token offering might be considered a security. It meant that any evidence that a token was marketed as offering potential profit could be used against you. Even the supposition that it seemed likely that people bought it to profit could be fatal.Regulation and hope drove firms offshoreThis had a chilling effect. The LBRY case and related case law destabilized the cryptocurrency project landscape. Instead of a potential framework to work within, there remained just a single vestige of hope to operate legally in the US: Move offshore and decentralize. Even the SEC admitted that Bitcoin and ETH were not securities because they were decentralized. Rather than having any promoter who could be responsible for their sale, they were the products of diffuse networks, attributable to no one. Projects in 2022 and 2023 were left with little option but to attempt to decentralize.Related: Ripple celebrates SEC’s dropped appeal, but crypto rules still not setInevitably, the operations would begin in the United States. A few developers would create a project in a small apartment. As they found success, they wanted to fundraise — and in crypto, when you fundraise, investors demand tokens. But it’s illegal to sell tokens in the US. So, their VC or lawyer would advise them to establish a foundation in a more favorable jurisdiction, such as the Cayman Islands, Zug in Switzerland, or Panama. That foundation could be set up to “wrap” a decentralized autonomous organization (DAO), which would have governance mechanisms tied to tokens. Through that entity or another offshore entity, they would either sell tokens under a Regulation S exemption from US securities law or simply give them away in an airdrop.In this way, projects hoped they could develop liquid markets and a sizable market cap, eventually achieving the “decentralization” that might allow them to operate legally as an entity in the US again.Several crypto exchanges were incorporated in friendlier jurisdictions in 2023. Source: CoinGeckoThese offshore structures didn’t just provide a compliance function — they also offered tax advantages. Because foundations have no owners, they aren’t subject to the “controlled foreign corporation” rules, under which foreign corporations get indirectly taxed in the US through their US shareholders. Well-advised foundations also ensured they engaged in no US business activities, preserving their “offshore” status.Presto: They became amazing tax vehicles, unburdened by direct US taxation because they operate exclusively offshore and are shielded from indirect US taxation because they are ownerless. Even better, this arrangement often gave them a veneer of legitimacy, making it difficult for regulators to pin down a single controlling party.After the formation, the US enterprise would become a rump “labs” or “development” company that earned income through licensing software and IP to these new offshore entities — waiting for the day when everything would be different, checking the mail for Wells notices, and feeling a bit jumpy. So, it wasn’t just regulation that drove crypto offshore — it was hope. A thousand projects wanted to find a way to operate legally in the United States, and offshore decentralization was the only path. A slow turningNow, that may change. With President Donald Trump in office, the hallways of 100 F Street in Washington, DC may just be thawing. SEC Commissioner Hester Peirce has taken the mantle and is leading the SEC’s Crypto Task Force. In recent weeks, Peirce has expressed interest in offering prospective and retroactive relief for token issuers and creating a regulatory third way where token launches are treated as “non-securities” through the SECs Section 28 exemptive authority. At the same time, evolutions in law are beginning to open the door for onshore operations. David Kerr of Cowrie LLP and Miles Jennings of a16z have pioneered a new corporate form, the decentralized unincorporated nonprofit association (DUNA), that may allow autonomous organizations to function as legal entities in US states like Wyoming.Eric Trump has proposed favorable tax treatments for cryptocurrency tokens, which, though it might be a stretch, could offer a massive draw to bring assets back onshore. And without waiting on any official shifts in regulation, tax attorneys have come up with more efficient fundraising approaches, such as token warrants, to help projects navigate the existing system.As a16z recently put it in a meeting with Commissioner Peirce’s Crypto Task Force, “If the SEC were to provide guidance on distributions, it would stem the tide of [tokens] only being issued to non-U.S. persons — a trend that is effectively offshoring ownership of blockchain technologies developed in the U.S.”Maybe this time, they’ll listen.Magazine: Memecoins are ded — But Solana ‘100x better’ despite revenue plunge

FOMO: 90%

u.today Mar 22, 2025 12:57

Michael Saylor Explains Strategy\s Bitcoin Bet: Key Takeaways - Strategy recently raised $711.2 million to buy more Bitcoin

BTC

FOMO: 85%

cryptointelligence.co.uk Mar 22, 2025 12:20

US Government Preparing to Sell Gold to Buy More Bitcoin for Strategic Reserve - The US government is open to considering unconventional financial strategies as cryptocurrency gains further legitimacy at the highest levels of power. Bo Hines, head of Trumps Presidential Council of Advisers for Digital Assets, recently suggested that the administration is willing to explore...

BTC

FOMO: 90%

thecoinrepublic.com Mar 22, 2025 11:43

Bitcoin Whales Accumulate $13B, $90K Price Surge Possible? - Bitcoin whales have poured $13 Billion into the market despite slowing liquidity and capital inflows. Long-term holders are holding firm, while the Feds policy shift has pushed BTC price toward $86,000. Bitcoin Long-Term Holders Defy Sell-off Trends Bitcoin long-term holders (LTHs) remain...

BTC

FOMO: 85%

beincrypto.com Mar 22, 2025 09:56

Bitcoin ETFs See $744 Million Inflows After Five Weeks of Consecutive Outflow - After five weeks of consecutive outflows, US spot Bitcoin ETFs have rebounded with $744 million in net inflows this week. On Monday, March 17, ETFs saw a $274 million inflow, which was the highest daily figure in over a month. This rebound suggests that institutional investors are coming back to...

BTC

FOMO: 85%

en.cryptonomist.ch Mar 22, 2025 09:22

Mind Blowing XRP Price Prediction – Analyst Believes Ripple Will Soar To $50 - Is XRP about to go parabolic? Prominent Elliot Wave analyst X Force Global believes so. X Force Global claims that XRP is one of the few crypto assets displaying strong macro bullish price action. He reveals that it is still in the early stages of a breakout from a six-year triangle, which...

XRP

FOMO: 85%

99bitcoins.com Mar 22, 2025 06:51

Kaspa (KAS) Technical Analysis: Riding the Wave of Altcoin Hype - Kaspa (KAS) is stealing the spotlight in March 2025, dominating altcoin conversations with its innovative tech and whispers of a Binance listing. As crypto enthusiasts buzz about its potential, this technical analysis unpacks KAS price action, prediction, key support and resistance levels, and emerging chart patterns. Whether you’re a trader or investor, discover what’s fueling.. The post Kaspa (KAS) Technical Analysis: Riding the Wave of Altcoin Hype appeared first on 99Bitcoins.

FOMO: 90%

coinpedia.org Mar 22, 2025 09:56

Shiba Inu Breakout Could Send Price Up 81% – Burn Rate Jump By 2227% - . Right now, SHIB is trading at $0.0000127, holding strong above $0.0000125

SHIB

FOMO: 85%