Major News Headlines for Today

1. Whale Bets $368 Million on Bitcoin Fall Ahead of FOMC Meeting
Bitcoin(BTC) whales bet on the decline of Bitcoin on Mar. 16 while the Federal Open Market Committee(FOMC) of the U.S. Federal Reserve(Fed) held a meeting on Mar. 16 and announced its decision on the benchmark interest rate. According to data from the on-chain transaction tracker Hyperscan, the Bitcoin whale, which holds a large amount of Bitcoin Bitcoin, bet 4,442 Bitcoin in a 40-fold short(fall) position. Bitcoin whales bet on a short position costs about $368 million.

2. Toncoin Jumps Up To 129% In Two Days On News Of Telegram CEO's Release
Toncoin(TON) recorded a 129% increase in the two days after news broke that Telegram CEO Pavel Duroff left France seven months after his arrest in France. Toncoin has recorded a sharp spot purchase, including a 67% jump in the futures market open on the news of CEO Duroff's release, and is recording about $3.4 based on the coin market cap at 8 a.m. on Mar. 17.

3. US Bitcoin Spot ETF Hits 55,348 Net Outflows In One Month
About 55,348 Bitcoin have been net outflowed from the Bitcoin Spot Exchange Traded Fund(ETF) in the U.S. over the past month. According to data from the financial data platform Soso Value on Mar. 15, 11 Bitcoin Spot ETFs in the U.S. recorded a total net outflow of about $4.58 billion from February 6 to March 14.

4. Expert "Bitcoin Turns Higher From April" ...Forecasting ATH Before June
Cryptocurrency expert Timothy Peterson pointed out Bitcoin's past upward pattern through his X account on Mar. 16, predicting that Bitcoin could start trading in April and hit its highest price before June. He argued that Bitcoin in the past showed a market transition in April and October, and again, if Bitcoin succeeds in trading in April, it could reach its highest price before June.

권승원 기자 ksw@blockstreet.co.kr