BTC breaks through the $85000 mark
2025-03-16 16:09
OKX-BTC/USDT is currently trading at $85154.00, with a 24-hour increase of 0.42%. Please be aware of market fluctuations.
OKX-BTC/USDT is currently trading at $85154.00, with a 24-hour increase of 0.42%. Please be aware of market fluctuations.
According to a report by Golden Jubilee, it is expected that the Federal Reserve will maintain policy rates unchanged this week, but Barclays economists have warned that the impact of tariff shocks may be more severe than shown by the FOMC in its Summary of Economic Forecasts (SEP). They stated in a research report, 'We believe that the risks this year tend to postpone interest rate cuts.' Barclays expects the Federal Reserve's SEP to show an increase in inflation and unemployment expectations, as well as a decrease in GDP growth, but Barclays economists expect GDP slowdown and inflation increase to be greater than SEP. They added, "Although we expect SEP to show that the benchmark interest rate will be lowered once this year, we still believe that the committee will ultimately cut rates twice, by 25 basis points each, in June and September of this year
Foresight News reports that GOAT Network, a sustainable BTC revenue chain, has been launched on the Alpha mainnet. Users can pledge any of the three tokens, BTC from Bitcoin L1, BTCB from BNB Chain, and DOGEB from BNBChain, to the GOAT sequencer. In addition, the team has launched GOAT Network's One Piece project, aimed at inspiring community users to participate in various ecological applications, including OKU, Artemis, GOATSwap, and Stakestone in the first phase.
According to Cointelegraph, cryptocurrency platform Debiex has been ordered to pay approximately $2.5 million for failing to respond to a lawsuit filed by the US Commodity Futures Trading Commission (CFTC) accusing it of being a "pig killing" fraud group. On March 13th, Arizona Federal Court Judge Douglas Rayes approved the CFTC's earlier motion for summary judgment and ordered Debiex to refund approximately $2.26 million stolen from customers, while paying nearly $221500 in civil fines. The judge stated that there is no evidence to suggest that Debiex's failure to respond to the CFTC was due to "forgivable negligence". The CFTC filed a lawsuit against Debiex in January 2024, alleging that its employees committed a so-called "pig killing scam" by establishing romantic relationships with customers through social media to gain trust and persuade them to invest on the platform. The scam lured five victims to deposit approximately $2.3 million into Debiex, and "the Debiex platform subsequently stole these funds".
According to Cointelegraph, multiple cryptocurrency users have recently reported an increase in the number of fraudulent emails impersonating cryptocurrency exchanges Coinbase and Gemini. These emails attempt to entice users to use pre generated recovery phrases controlled by scammers to set up new wallets and steal user assets. In multiple examples posted on the X platform, scam emails claim to come from Coinbase, requesting users to transition to self custodial wallets and provide instructions for downloading legitimate Coinbase wallets, while setting April 1st as the deadline for conversion. The email also includes pre generated recovery phrases. Once users use these phrases to open a new wallet and transfer funds, all assets will fall into the hands of fraudsters, who may directly empty their wallets. The email also mentioned a class action lawsuit against Coinbase, claiming that it was required by the court to manage its own wallet for selling unregistered securities. The fake email states: "Coinbase will operate as a registered broker, allowing purchases, but all assets must be transferred to the Coinbase wallet In fact, the US Securities and Exchange Commission (SEC) has dismissed the lawsuit accusing Coinbase of being an unregistered broker and selling unregistered securities on February 27th. Coinbase responded to this by stating that they were aware of the scam and issued a statement through the X platform on March 14th reminding users: "We will never send you recovery phrases, and you should not enter recovery phrases provided by others." In addition, the cryptocurrency exchange Gemini has also encountered similar scam emails. Scammers use the same strategy, claiming that due to recent court rulings, users need to set up a new wallet. Gemini was previously sued by the SEC for allegedly providing unregistered securities through its Earn program, but regulators chose to terminate the legal action on February 26th.
According to official sources, due to service upgrades, OKX DEX has temporarily suspended aggregator trading services, and related limit orders and cross chain orders will be automatically cancelled. The specific recovery time will depend on the upgrade progress, and we will announce it as soon as possible after the recovery. During this period, users can still conduct transactions by jumping to third-party protocols, and other services of OKX Web3 wallet can still be used normally. Please rest assured that your financial security will not be affected in any way.