Federal prosecutors in Manhattan accused Bankman-Fried of directing the transfer of at least $40 million of cryptocurrency to benefit Chinese government officials

Consumer confidence and Senate banking committee hearing over the next couple of hours might spice up things a little

The next FOMC meeting in May is almost a 50/50 split between a pause and a hike. June is even more uncertain, with the possibility of a cut, pause, or hike, which is proving bearish for gold and BTC.

There are two key price levels to watch currently: $27,400 and $28,000 for higher targets, and $26,400 for lower targets of $25,500. The range is getting narrower over time, so we can expect a squeeze soon. Long/short volatility is expected.

The CFTC's actions regarding Binance and CZ are also creating short-term panic in the market. The CFTC alleges that Binance itself made the pumps (driven by BUSD/CVD Spot). Binance has a war chest of roughly $35B, with actual liquid assets closer to $30B. They also hold roughly 420k BTC (valued at around $11.5B), $10B in stablecoins, and roughly $8B in ETH.

$27,400 Break ^ can see $30,000

shorts rekt once again; perps funding is now higher...

Approximately $200 million worth of Bitcoin was withdrawn from exchanges yesterday, and a total of 34,000 BTC have been taken off exchanges in the past week.

Binance Net positioning change..

Montenegro Justice Minister: Both the United States and South Korea are seeking the extradition of Do Kwon

Binance hid extensive links to China for several years : FT

🇺🇸 SEC Chair Gary Gensler to testify before congress over cryptocurrency regulation.

XRP Open Interest reached $900million.. 600m on BINANCE alone!

btw, many people received FTX payout info via email today, but it ended up in their spam folder. So, if any of you had assets stuck in FTX, be sure to check your spam folder or General Inbox...

Fetch.ai announces fresh funding at a $250 million valuation $FET

BTC $29,000 > $29k

who did this $BTC

The Binance cartel continues to perform well, with $SXP (88%) and now $RDNT (30%) CZ > 300 accounts... both tokens pumped on binance announcements

Bitcoin has seen a price increase every time the Fed has released its balance sheet in the last two weeks, specifically on March 15th and 22nd.

The next Fed balance sheet release is due in a few hours, so it will be interesting to see if the market reacts and moves accordingly.

check balance sheet > https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

Bitcoin outflows from exchanges have continued for 10 consecutive days, with a further $200 million worth of Bitcoin withdrawn yesterday. Investors are increasingly interested in holding Bitcoin for the long term and are moving their funds off exchanges and into cold storage or other forms of secure storage.

Notably, Gemini saw a significant whale outflow of $100 million. (Graph #1 & graph #2)

When we look at the holdings of entities that hold large amounts of Bitcoin (100 to 1,000 BTC), we can see that they continue to accumulate the BTC, as indicated by a positive 21-day balance change. This may suggest that large investors and institutions are bullish on Bitcoin's long-term prospects and are actively seeking to increase their exposure to the Crypto. Graph (#3)

Just over $4B notional worth of BTC options are set to expire March 31 (tomorrow). Graph (#4)
Max pain price is $24,000

Graph#1