Sam Bankman-Fried Breaks Silence: Prison, Politics, and His Legal Fight

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🔥Heat Map:

🌍 Daily Crypto Market Overview

Global Stats:

• Cryptocurrencies: 12.32M

• Exchanges: 799

• Market Cap: $2.89T (-4.30%)

• 24h Volume: $130.28B (+9.18%)

• Bitcoin Dominance: 60.4%

• Ethereum Dominance: 9.0%

• ETH Gas Price: 0.65 Gwei

• Fear & Greed Index: 30 (Fear)

🪙Top 5 Cryptocurrencies by Market Cap:

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🚀 Trending on DexScan:

1. TRUMP/WETH – $0.0080 (+52.29%)

2. STAR10/WBNB – $0.0284 (+49.20%)

3. WEPE/WETH – $0.00005853 (+5.53%)

4. Broccoli/WBNB – $0.0342 (+0.31%)

5. Google/WBNB – $1.88 (+86.25%)

💹 Market Highlights:

• Total DeFi Volume: $7.65B (5.88% of total market)

• Stablecoins Volume: $122.44B (93.98% of total market)

• Biggest Gainer: GONE (+30.17%)

📈 Preview On Today’s News:

1. - Sam Bankman-Fried Breaks Silence: Prison, Politics, and His Legal Fight

2. - Crypto Market Hit by $539M Liquidations After Trump’s Executive Order 

3. - US Confirms Bitcoin Will Be Held as a Store of Value 

Keep reading below for more!

Have you heard of The Phenom Crypto Letter?

Today’s News:

1)

Sam Bankman-Fried Breaks Silence: Prison, Politics, and His Legal Fight

Sam Bankman-Fried, the former FTX CEO serving a 25-year sentence for misappropriating customer funds, gave an interview from Brooklyn’s Metropolitan Detention Center on his 33rd birthday. Speaking with Tucker Carlson on March 6, 2025, he discussed his life in prison, political ties, and the ongoing legal proceedings surrounding FTX. He denied criminal wrongdoing, arguing that former colleague Ryan Salame’s charges were politically motivated due to his Republican affiliations. Bankman-Fried revealed that his parents are seeking a presidential pardon from Donald Trump, while his legal team continues to appeal his conviction.

• Bankman-Fried, serving 25 years for financial crimes, maintains his innocence and claims political bias influenced charges against his associates.

• His legal team has filed an appeal, and his parents are pursuing a presidential pardon from Donald Trump.

2)

Crypto Market Hit by $539M Liquidations After Trump’s Executive Order 

The cryptocurrency market suffered a significant downturn, with liquidations totaling $539 million in the past 24 hours following an executive order by former U.S. President Donald Trump. The turbulence affected approximately 156,000 traders, with long positions losing over $305 million and short positions shedding $85 million. Bitcoin took the heaviest losses, with $206 million in liquidations, including $151 million from long positions, as its price fell 5% to $87,627. Ethereum followed closely with $48 million in liquidations, while XRP, Solana, and Cardano also saw steep declines. The overall crypto market cap dropped by 4.5% to $2.88 trillion, leaving investors uncertain about further downturns or potential buying opportunities.

• The crypto market saw $539 million in liquidations after Trump’s executive order, with Bitcoin and Ethereum leading losses as prices fell.

• Traders remain uncertain about whether this signals a deeper crash or an opportunity to buy at lower prices.

3)

US Confirms Bitcoin Will Be Held as a Store of Value 

David Sacks, the United States’ “Crypto Czar,” has announced that Bitcoin held in the country’s reserves will not be sold but instead preserved as a store of value, likening it to gold stored in Fort Knox. This decision signals growing institutional recognition of Bitcoin’s role in national reserves and aligns with strategies adopted by other nations like El Salvador. The move is expected to enhance Bitcoin’s legitimacy as a financial asset and further solidify its position as a long-term store of value in the global economy.

• The US government will hold Bitcoin in its reserves without selling, treating it as a digital store of value akin to gold in Fort Knox.

• This decision reinforces institutional trust in Bitcoin, aligning with global trends and potentially increasing market stability and credibility.

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🔥Heat Map:

🌍 Daily Crypto Market Overview

Global Stats:

• Cryptocurrencies:

• Exchanges: 

• Market Cap: 

• 24h Volume: 

• Bitcoin Dominance: 

• Ethereum Dominance:

• ETH Gas Price: 

• Fear & Greed Index: 

🪙 Top 5 Cryptocurrencies by Market Cap:

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🚀 Trending on DexScan:

💹 Market Highlights:

• Total DeFi Volume: 

• Stablecoins Volume: 

• Coin with highest % change:

📈 Preview On Today’s News:

1. -

2. -

3. -

Keep reading below for more!

Have you heard of The Phenom Crypto Letter?

Today’s News:

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2)

3)

📢 We Need Your Feedback!

At Hodl Topic, we're all about delivering the best daily crypto insights. But we want to make it even better—and that’s where you come in!

What do you love about the newsletter? What could we improve? Got any topics you'd like us to cover? Your feedback helps shape the future of Hodl Topic.

📩 Let us know your thoughts! Just hit reply to this email.

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