Market
Bitcoin stays above $65k as Bitbot unveils its Mini App UI


Key takeaways
- Bitcoin has been trading above the $65k level as the broader market stagnates.
- Bitbot has unveiled its Mini App UI to simplify DeFi trading for users
Bitcoin stays above $65k as market stagnates
Bitcoin, the leading cryptocurrency by market cap, has been underperforming over the last seven days. It has lost more than 3% of its value in the last seven days and is currently trading above $65k per coin.
The poor performance comes as whales sold over $1 billion worth of Bitcoins over the last few days. Altcoins have also been underperforming in recent days, with the total crypto market cap now below $2.4 trillion.
What is Bitbot?
The crypto market is still consolidating but new projects continue to roll out excellent products to their users. Bitbot is one of the new projects that has been unveiling exciting products and services.
Bitbot raised more than $4 million from investors and is using the funds to launch products for traders on Telegram. This Web3 project seeks to bring unique value propositions to traders in the cryptocurrency space.
It is a self-custodial Telegram trading bot that allows users to trade via their cold wallets on the app. Bitbot users will enjoy certain features available only to institutional investors, making it easier for traders to grow their trading portfolios.
Bitbot unveils its Mini App UI
With its presale now over, Bitbot is focusing on launching its products and listing its token on crypto exchanges.
In their recent X post, the Bitbot team unveiled their Mini App UI as one of the features available at launch and is crafted with user-friendliness at its core. This intuitive interface simplifies DeFi trading, making it accessible for newcomers.
Bitbot added that with a clean, responsive, and easy-to-navigate design, all users can fully leverage Bitbot’s capabilities without facing a steep learning curve.
The launch of the Mini App UI comes roughly two weeks after Bitbot unveiled its staking feature. With the staking feature, users who claim their tokens through the bot can stake them and earn a competitive Anual Percentage Yield.
Bitbot is also working on other security features such as Knightsafe, a solution that would help mitigate the typical risks associated with Telegram trading. The integration of anti-MEV and anti-rug solutions will further help users protect their assets.
The team also revealed some of the funds raised in the presale are already being directed towards integrating Ultra-flexible wallet management fuelled by non-custodial API technology.
Bitbot raised over $4m in presale
The Bitbot presale was successful, with the team raising over $4 million. In addition to developing its products, Bitbot is also currently working on the formation of its team, smart contract development, community formation, marketing drive, and alpha testing.
The team will proceed to get $BITBOT listed on crypto exchanges once these steps are concluded, with top influencer partnerships, and its Telegram Bot launch to come afterwards.
Per the whitepaper, the Bitbot development team will hold 20% of the total token supply and use it to fund ongoing development. An additional 14% is allocated to marketing & CEX listings while 3% is allocated to exchange liquidity provision.
Why buy the Bitbot token?
The presale is over and purchasing $BITBOT will only be possible once the token launches on crypto exchanges. It is tough to determine the listing price as token prices are usually volatile once they launch on crypto exchanges.
However, Bitbot could gain massive adoption if the team rolls out its products and services. The unique trading features Bitbot seeks to offer could make the project and it’s token a big winner in this current bullish cycle.
Market
Dark Web Criminals Are Selling Binance and Gemini User Data

More than 100,000 users of popular crypto exchanges Binance and Gemini may be at risk after a trove of sensitive information appeared for sale on the dark web.
The leaked data reportedly includes full names, email addresses, phone numbers, and location details—raising alarms over growing cyber threats in the crypto sector.
Dark Web Actors Are Targeting Crypto Users
On March 27, a dark web user operating under the alias AKM69 listed a large database allegedly tied to Gemini, one of the largest crypto trading platforms in the US.
According to Dark Web Informer, the dataset mainly includes information about users from the United States, with a few entries from Singapore and the United Kingdom. The attacker claims the data could be used for marketing, fraud, or crypto recovery scams.
“The database for sale reportedly includes 100,000 records, each containing full names, emails, phone numbers, and location data of individuals from the United States and a few entries from Singapore and the UK,” the report stated.
It is unclear whether the leak resulted from a direct breach of Gemini’s systems or from other vulnerabilities, such as compromised user accounts or phishing campaigns.
Meanwhile, this incident followed another alarming listing on March 26.
According to the report, a separate dark web actor, kiki88888, allegedly offered a trove of Binance user data for sale. The database is said to hold over 132,000 entries, including the exchange users’ login information.

The Dark Web Informer suggests phishing attacks likely caused the breach rather than a compromise of the exchange’s systems.
“Some of you really need to stop clicking random stuff,” the Informer stated.
Binance and Gemini have yet to publicly comment on these incidents. However, phishing remains one of the most effective methods cybercriminals use to exploit crypto holders.
Scammers often impersonate official accounts or place misleading ads that redirect users to fake websites. Coinbase users are also being extensively targeted through phishing campaigns.
As BeInCrypto reported earlier, in March, Coinbase users lost over $46 million to social engineering scams.
Blockchain security firm Scam Sniffer revealed that phishing-related losses exceeded $15 million in the first two months of the year. This figure highlights the growing scale of the threat.
Given the rising threats, crypto users should stay vigilant and avoid unfamiliar links. They should also protect their accounts with two-factor authentication and hardware wallets whenever possible.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
South Carolina Could Spend 10% of Funds on Bitcoin Reserve

Representative Jordan Pace introduced legislation to create a Bitcoin Reserve for South Carolina, joining a nationwide effort. Currently, nearly half of all US states have an active bill to create a similar Reserve.
However, the talking point that this bill “allows 10% of state funds” in Bitcoin investments is taking off like wildfire. It may scare off fiscal conservatives, which contributed to recent failures.
South Carolina Joins the Bitcoin Reserve Race
Since President Trump announced his intention to create a US Bitcoin Reserve, many state governments have attempted to create smaller models.
In the last month, these efforts have been intensifying, with more and more states joining the effort. Today, South Carolina filed its own Bitcoin Reserve bill, allowing the state to make substantial purchases:
“The State Treasurer may invest in digital assets including, but not limited to, Bitcoin with money that is unexpended, unencumbered, or uncommitted. The amount of money that the State Treasurer may invest in digital assets from a fund specified in this section may not exceed ten precent of the total funds under management,” it reads.
State Representative Jordan Pace proposed South Carolina’s Bitcoin Reserve legislation. He claimed that this bill “gives the Treasurer new tools to protect taxpayer dollars from inflation,” one of crypto’s most well-known use cases. Pace is currently the bill’s only sponsor, and it’s unclear what chances it has of passing.
Still, there may be challenges ahead. Similar proposals in other Republican-led states—like Montana and Wyoming—have already failed. This was largely due to concerns over using public funds to buy cryptocurrency.
Even though Trump backs the idea on a national level, not all GOP lawmakers are convinced at the state level.
That said, there are some signs of progress elsewhere. For example, Texas has advanced its Bitcoin Reserve bill, achieving bipartisan support. A key reason for its success is that the bill doesn’t require the state to make crypto purchases; it simply allows them at the Treasurer’s discretion.
Likewise, South Carolina’s bill wouldn’t force the state to invest 10% of its funds into Bitcoin. It just opens the door for that possibility, giving the state financial flexibility rather than a mandate.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
FDIC and CFTC Rescind Old Crypto Guidelines

The FDIC and CFTC have both been working to change previous crypto guidelines. As federal regulators reconcile with the industry, they are removing old rules that specifically target crypto.
The former institution is removing the requirement that banks report crypto business, while the latter holds crypto to the same standards as other industries.
FDIC and CFTC Change Crypto Policies
The FDIC is one of the top financial regulators in the US, and it’s turning over a new leaf. After being one of the principal architects of Operation Choke Point 2.0, it recently began declassifying documents and changing rules that allowed crypto debanking.
Today, the agency is revoking a 2022 directive that impacted banks’ interactions with crypto:
“With today’s action, the FDIC is turning the page on the flawed approach of the past three years. I expect this to be one of several steps the FDIC will take to lay out a new approach for how banks can engage in crypto- and blockchain-related activities in accordance with safety and soundness standards,” said FDIC Acting Chairman Travis Hill.
Specifically, it rescinded a rule that mandated that all banks and institutions under its supervision notify the FDIC of any crypto involvement. The new guideline claims that banks “may engage in permissible crypto-related activities without receiving prior FDIC approval” without enacting any other policies.
Since Gary Gensler left the SEC, all the top US financial regulators have been trying to rework their relationship with crypto. In an apparent coincidence, the CFTC made a very similar move to the FDIC by rescinding two crypto guidelines.
Both of these actions did not establish a new policy; they merely removed the old ones.
Essentially, both of the CFTC’s rule changes are set to ensure that crypto-related derivatives are subject to the same requirements as non-crypto ones. This is somewhat surprising, considering that the industry has typically tried to insist that it necessitates specific regulations.
However, this is largely beside the point. The FDIC and CFTC are both working to remove previous guidelines that opposed the crypto industry.
These institutions will undoubtedly be amenable to creating new ones in the spirit of cooperation. In the meantime, this olive branch can help build a lot of goodwill.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
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