Texas court dismisses crypto developer lawsuit citing no imminent threat as 
DOJ memo shapes ruling on software liability claims

Texas Judge throws out crypto software liability case

Google sets 2029 deadline for post quantum cryptography as quantum computing 
advances raise risks to current encryption standards

Google accelerates quantum safe encryption timeline to 2029

AI&#8217;s unchecked growth threatens societal stability as companies prioritize 
profits over ethical considerations.
The post Karen Hao: Profit motives drive AI development, current technologies harm society, and labor exploitation is rampant in the industry | The Diary of a CEO appeared first on Crypto Briefing.

Karen Hao: Profit motives drive AI development, current technologies harm society, and labor exploitation is rampant in the industry | The Diary of a CEO

On-chain data shows the Bitcoin Whale Transaction Count has witnessed a 
drawdown recently, a sign that big-money investors have reduced their 
activity. Bitcoin Whale Transaction Count Has Dropped To Lows In a new post on 
X, analytics firm Santiment has talked about the latest trend in the Bitcoin 
Whale Transaction Count. This indicator measures the daily total number of 
transfers occurring on the BTC network that involve a sum of more than 
$100,000. Related Reading: Dogecoin Supply Barrier: This Level Holds Cost 
Basis Of 28 Billion DOGE Transactions with such a large value are usually 
considered to be coming from the whale entities, so this metric&#8217;s value 
basically reflects the activity that the large hands are participating in. 
When the value of the Whale Transaction Count goes up, it means the number of 
moves being made by the whales is rising. Such a trend suggests big-money 
interest in the cryptocurrency may be climbing. On the other hand, the 
indicator witnessing a decline could imply the large entities are shifting 
their attention away from the asset, as they are making a fewer number of 
transfers. Now, here is the chart shared by Santiment that shows the trend in 
the Bitcoin Whale Transaction Count and its 7-day moving average (MA) over the 
last few years: As displayed in the above graph, the Bitcoin Whale Transaction 
Count saw a notable spike during BTC&#8217;s price crash to start February, 
indicating whales became active. This isn&#8217;t anything unusual, as investors 
tend to make moves while the market is behaving in a volatile manner. As BTC 
has fallen into a phase of consolidation since this crash, however, the Whale 
Transaction Count has seen a rapid drop. The recent attempt at recovery also 
couldn&#8217;t ignite activity from the whales. Santiment noted: Bitcoin&#8217;s whale 
activity has become historically quiet as key stakeholders await clarity 
(literally) from the CLARITY Act, as well as long-term finality to the war. 
The Whale Transaction Count is currently sitting at 6,417, which is the lowest 
level for $100,000+ transfers since September 2023. In the same chart, the 
analytics firm has also attached the data for the transactions valued at more 
than $1 million. From this curve, it would appear that the massive transfers 
are down to 1,485, their lowest since October 2024. Related Reading: Ethereum 
Rebounds 6%, But Coinbase Demand Remains Weak Now, what could this trend mean 
for the market? Well, the answer to that question may not concretely lean in 
either the bullish or bearish direction. As Santiment explained: What it does 
signal is that smart money is in the same boat as smaller retail holders at 
the moment, and have been reluctant to make moves with so much policy and 
global uncertainty at play. BTC Price Bitcoin dropped back under $68,000 
earlier, but the cryptocurrency has since seen a rebound as its price is now 
back at $70,800. Featured image from Dall-E, chart from TradingView.com

Bitcoin Whales Go Silent: Large Transactions Plummet

Bitcoin price fell below the $70,000 mark as traders prepared for a massive 
Bitcoin options expiry set to occur later today. According to data from 
crypto.news, Bitcoin (BTC) price fell roughly 2.5% to $69,990 last check on 
Friday, March 27,…

Cryptocurrency price in ZAR