{"id":53163,"date":"2025-03-10T03:58:30","date_gmt":"2025-03-10T03:58:30","guid":{"rendered":"https:\/\/emilynews.com\/blog\/?p=53163"},"modified":"2025-03-10T03:59:16","modified_gmt":"2025-03-10T03:59:16","slug":"what-happened-in-crypto-today","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=53163","title":{"rendered":"What happened in crypto today?"},"content":{"rendered":"

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.<\/p>\n

Today in crypto, CZ asks Elon Musk to ban automated bots on X, disappointment surrounding the US Strategic Bitcoin Reserve signals unrealistic investor expectations, and according to regulatory experts, Michael Saylor advocated for an aggressive US government approach to Bitcoin accumulation.<\/p>\n

CZ asks Elon Musk to get rid of automated bots on X<\/h2>\n

Binance co-founder Changpeng Zhao (CZ) asked Elon Musk to\u00a0ban automated bots on X\u00a0\u2014 a problem that the crypto community has grappled with for years now.<\/p>\n

“I think X should ban all bots. I only want to interact with humans here \u2014 not ‘automated,'” CZ wrote in a March 9 X post.<\/p>\n

Automated bots amplify messages by liking or retweeting posts and can even comment on posts, which is often done in a coordinated fashion by an individual or teams running bot farms.<\/p>\n

\"Twitter,
\n

Source:\u00a0<\/em>CZ<\/em><\/p>\n<\/figcaption><\/figure>\n

These automated bots often pose as crypto influencers or executives from the digital asset industry to peddle fake tokens, fraudulent airdrop scams, and promote phishing links designed to steal funds from unsuspecting users.<\/p>\n

A 2023\u00a0study\u00a0from the Network Contagion Research Institute also found that coordinated bot attacks were used to manipulate crypto prices.<\/p>\n

Bitcoin reserve backlash signals unrealistic industry expectations<\/h2>\n
\u00a0<\/div>\n

The\u00a0widespread disappointment surrounding\u00a0the US Strategic Bitcoin Reserve \u2014 hailed as a historic step for Bitcoin adoption \u2014 suggests unrealistic investor expectations, according to regulatory experts.<\/p>\n

President Donald Trump signed an executive order on March 7, which will utilize Bitcoin\u00a0<\/p>\n

BTC <\/span>seized in government criminal cases <\/span>rather than purchasing the asset directly\u00a0from the market. The announcement triggered a\u00a0<\/span>more than 6% drop in Bitcoin\u2019s price, falling from $90,400 to $84,979, according to Cointelegraph Markets Pro data.<\/span><\/div>\n

The reaction signals unrealistic industry expectations, according to Anastasija Plotnikova, co-founder and CEO of Fideum, a regulatory and blockchain infrastructure firm focused on institutions.<\/p>\n

\n

BTC\/USD, 1-month chart. Source: Cointelegraph<\/em><\/p>\n<\/figcaption><\/figure>\n

\u201cIt was very clear that the US government could utilize the existing BTC in their possession, aka seized funds,\u201d she told Cointelegraph, adding:<\/p>\n

\u201cIt is bizarre to see such a big public disappointment coming from some industry players. […] Not that long ago, even the idea of BTC Reserve held and supported by a federal government was a revolutionary idea, and now we see a very solid implementation.\u201d<\/p><\/blockquote>\n

The Bitcoin reserve is a \u201ccautious\u201d approach with taxpayer funds, which \u201cmake this decision well aligned with the messaging from this administration,\u201d added the regulatory expert.<\/p>\n

Michael Saylor pushes US gov\u2019t to purchase up to 25% of Bitcoin supply<\/h2>\n

Strategy founder Michael Saylor has\u00a0proposed that the United States government\u00a0aims to acquire up to 25% of Bitcoin\u2019s total supply over the next decade for its Strategic Bitcoin Reserve.<\/p>\n

\u201cAcquire 5-25% of the Bitcoin network in trust for the nation through consistent, programmatic daily purchases between 2025 and 2035, when 99% of all BTC will have been issued,\u201d Saylor\u00a0wrote\u00a0in a document titled \u201cA Digital Assets Strategy to Dominate the 21st Century Global Economy.\u201d\u00a0<\/p>\n

Saylor presented the document to US President Donald Trump, government executives, and global crypto leaders at the\u00a0White House Crypto Summit on March 7.<\/p>\n

He explained that the government should stick to a \u201cNever sell your Bitcoin\u201d policy, predicting that by 2045, the Strategic Bitcoin Reserve could generate over $10 trillion annually, and serve as a \u201cperpetual source of prosperity\u201d for Americans.<\/p>\n

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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, CZ asks Elon Musk … What happened in crypto today?<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":53165,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5651,6],"tags":[139,3544,3812,5652,10,159,97],"class_list":["post-53163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptonews","category-information","tag-bitcoin","tag-bitcoin-news","tag-cryptonews","tag-emilynews","tag-hyip","tag-hyipnews","tag-hyips","exalt-entry"],"yoast_head":"\nWhat happened in crypto today? - EmilyNews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/emilynews.com\/blog\/?p=53163\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What happened in crypto today? - EmilyNews\" \/>\n<meta property=\"og:description\" content=\"Need to know what happened in crypto today? 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