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Share link:In this post: Frank Founder Charlie Javice could receive a 30-year prison sentence for fraud. JPMorgan Chase claims Javice and Amar fabricated data to get them to close the deal. Javice’s legal team believes the bank was more interested in her expertise than Frank’s user data.
U.S. Spot Bitcoin ETFs purchased nearly $750M in BTC this week, signaling strong institutional confidence.Institutional Investors Are Doubling DownWhy Are ETFs Buying So Much BTC?What This Means for Bitcoin’s Price
The Bitcoin whale funds were moved to another wallet rather than an exchange, indicating a possible restructuring rather than intent to sell.
Pi Network (PI) has seen a sharp 44% decline amid investor outflows and Binance’s exclusion from its listing campaign. While the token is holding above $1.00, continued selling pressure could push it lower, with support levels at $0.92 and $0.76. A bounce above $1.19 could trigger a potential recovery.
- 22:48Opinion: Investors are still buying the crashed LUNA tokenCoinMarketCap data shows that the Terra (LUNA) token has fallen more than 98% from its all-time high set on May 28, 2022, nearly three years ago. Despite the price crash, investors are still buying LUNA tokens, with a trading volume exceeding $21 million in the past 24 hours. Analyst Optimus KevTron stated that this phenomenon indicates that even if some people think the LUNA token is "dead", there are still people buying it.
- 22:37Cathie Wood will launch El Salvador's public artificial intelligence education programArk Invest founder Cathie Wood will deliver the opening speech for El Salvador's newly launched "Urban Welfare and Opportunity Center" (CUBO) Artificial Intelligence (AI) program. The program is a public education initiative led by the government of El Salvador. According to El Salvador's Bitcoin Office, the program will offer university-level AI courses to students and professionals, following the huge success of the country's CUBO Bitcoin and Lightning Network developer programs. The plan will use industry experts to provide AI education to the public. On March 23rd, in a tweet from El Salvador’s Bitcoin Office: “As El Salvador accelerates its transformation into becoming ultimate tech and financial powerhouse in this region, CUBO AI will provide tools leading at forefront of AI for students and professionals.” As it continues attracting cryptocurrency businesses and foreign direct investment, this Central American nation is positioning itself as a regional hub for technology and digital finance.
- 22:35The probability of the Federal Reserve maintaining the interest rate unchanged in May is 87.8%According to CME "Fed Watch": The probability of the Federal Reserve maintaining interest rates in May is 87.8%, and the probability of a rate cut by 25 basis points is 12.2%. The likelihood of the Fed keeping interest rates unchanged until June is 18.1%, with a cumulative chance of a rate cut by 25 basis points at 72.2% and a cumulative chance for a rate cut by 50 basis points at 9.7%.