Good Morning Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

1. OKX Suspends DEX Aggregator: OKX halted its DEX aggregator due to misuse by North Korean hackers. New wallet creation is paused in some regions, and security upgrades are underway.

2. 📈Technical Analysis Masterclass - Cardano (ADA) is currently maintaining strong support levels around $0.70 to $0.75. Watch UseTheBitcoin’s latest Youtube video “Cardano's (ADA) BIG Move? Expect THIS to Happen Next!” to see if there’s a Bullish breakout potential or join our Official Telegram Channel for more alpha!

3. Trump’s Ex-Wife Backs Ver: Marla Maples called for dismissing the U.S. case against Bitcoin advocate Roger Ver, accused of tax fraud.

4. 💡Feature of the Day - Crypto Scam Emails Surge: Scammers impersonating Coinbase and Gemini are sending phishing emails urging users to switch to self-custody wallets using pre-generated recovery phrases.

   
   All this and more in today’s headlines!

📰 News Highlights:

OKX Halts DEX Aggregator [Source][Source][Source][Source]

OKX has temporarily suspended its decentralized exchange (DEX) aggregator after detecting misuse by North Korean hacking group Lazarus.

The decision, made after consulting regulators, aims to implement security upgrades to prevent further illicit activities.

OKX has faced scrutiny, with Bybit CEO Ben Zhou alleging that $100 million from a hack was laundered through OKX’s Web3 proxy.

The firm denies wrongdoing, stating its DEX aggregator is not a custodian of user assets but has been misrepresented.

 📈Technical Analysis Masterclass:

Cardano's (ADA) BIG Move? Expect THIS to Happen Next!

Key Support Levels

• Current Support Zone: $0.70 - $0.75

• Significance: Buyers have consistently defended this range, preventing further declines.

• Break Below Support: If ADA drops below this zone, the next major level to watch is $0.60, signaling continued bearish control.

Potential Trend Reversal?

• Previous Trend: Lower lows, indicating a strong bearish market.

• Recent Shift: ADA has formed a higher low, suggesting selling pressure is weakening while buyers gain momentum.

• Why It Matters: A higher low often signals an early stage of trend reversal, increasing trader confidence.

Moving Averages Indicating Bullish Momentum?

• Moving averages are starting to curl upwards, hinting at a shift towards bullish momentum.

• If ADA holds its support and moving averages continue this trend, a significant price surge could follow—assuming favorable market conditions.

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Trump’s Ex-Wife Backs Ver [Source][Source][Source]

Marla Maples, former wife of Donald Trump, has called for the dismissal of the U.S. case against Bitcoin advocate Roger Ver.

Maples shared a video supporting Ver’s cause, tagging Trump, Elon Musk, and U.S. Attorney General Pam Bondi.

Ver, known as “Bitcoin Jesus,” was charged in April 2024 with tax evasion and mail fraud, accused of hiding Bitcoin holdings when renouncing U.S. citizenship and defrauding the IRS of $48 million.

Trump has not responded to Ver’s plea for a pardon, but Musk has dismissed the request.

💡 Feature of the Day: 

Scammers Target Crypto Users [Source][Source][Source][Source]

Crypto users are reporting scam emails impersonating exchanges like Coinbase and Gemini.

The fraudulent emails urge users to transition to self-custody wallets by April 1, providing pre-generated recovery phrases controlled by scammers.

Victims who set up wallets using these phrases risk having their assets stolen.

The emails falsely claim a lawsuit requires users to manage their wallets, citing unregistered securities allegations against Coinbase.

😂 Crypto Meme of the Day: 

Meme of the day provided by @LuisRicardo

And that’s it for this today.

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See you all tomorrow’s edition!

Jonathan Gibson
UseTheBitcoin.com