Month: March 2025

Standard Chartered Bank: Investors can view Bitcoin as a large technology stock, which is highly correlated with Nasdaq in the short term

On March 25, according to CNBC, Standard Chartered Bank said that Bitcoin’s correlation with Nasdaq is generally higher than its correlation with gold, and investors can benefit from viewing Bitcoin as a large technology stock. According to the bank’s data, Bitcoin’s current correlation with Nasdaq is about 0.5, after being close to 0.8 earlier this …

Standard Chartered Bank: Investors can view Bitcoin as a large technology stock, which is highly correlated with Nasdaq in the short term Read More »

Trump’s nominee for SEC Chairman Paul Atkins will be heard by the Senate next week

Trump’s nominee for SEC Chairman Paul Atkins will be heard by the Senate next week On March 21, Paul Atkins, the nominee for the chairman of the U.S. Securities and Exchange Commission (SEC), will attend the Senate Banking Committee confirmation hearing on March 27. If approved, the full Senate will hold a final vote. Atkins, …

Trump’s nominee for SEC Chairman Paul Atkins will be heard by the Senate next week Read More »

Trump Media Technology Group executives set up a new company and plan to raise at least $179 million to acquire crypto-related companies

On March 20, Forbes reported that three executives of Trump Media Technology Group (TMTG) set up a new special purpose acquisition company (SPAC) and planned to raise at least $179 million to acquire companies in cryptocurrency, blockchain or related industries. The company, called Renatus Tactical Acquisition Corp I, is registered in the Cayman Islands and …

Trump Media Technology Group executives set up a new company and plan to raise at least $179 million to acquire crypto-related companies Read More »

Ethereum’s new testnet Hoodi is now available and will activate the Pectra network upgrade on March 26

On March 19, the Ethereum Foundation published an article stating that the activation of the Pectra testnet exposed problems with the client’s configuration changes in the deposit contract in the Ethereum testnet. While Sepolia’s recovery process was relatively simple and the network has now fully recovered, Holesky experienced a large-scale inactivity leak in its recovery …

Ethereum’s new testnet Hoodi is now available and will activate the Pectra network upgrade on March 26 Read More »

The current mainstream CEX and DEX funding rates show that the market is still bearish

On March 13, according to Coinglass data, the current mainstream CEX and DEX funding rates show that the crypto market is still bearish. The specific mainstream currency funding rates are shown in the attached figure. BlockBeats Note: Funding rates are the rates set by cryptocurrency trading platforms to maintain a balance between contract prices and …

The current mainstream CEX and DEX funding rates show that the market is still bearish Read More »

A whale transferred 2.248 million UNI to Kraken, with a floating profit of $26.38 million

On March 12, according to EmberCN monitoring, a whale/institution that has hoarded 2.248 million UNI and 142,000 AAVE since 2023 transferred all of its 2.248 million UNI (US$13.7 million) to Kraken in the past half hour. The average price of the whale’s UNI hoarding was US$6.91, with a floating profit of US$26.38 million at its …

A whale transferred 2.248 million UNI to Kraken, with a floating profit of $26.38 million Read More »

A whale accurately shorted BTC, with unrealized profits exceeding $7.5 million

On March 10, according to Lookonchain monitoring, a whale showed excellent shorting operations in the recent BTC price fluctuations, with cumulative unrealized profits exceeding $7.5 million. The investor shorted BTC at about $96,500 on February 22, and BTC fell below $80,000 within a week, and then perfectly closed the position at a low of about …

A whale accurately shorted BTC, with unrealized profits exceeding $7.5 million Read More »

Trump WLFI has accumulated $336 million in cryptocurrency assets before the crypto summit, or a floating loss of about $88 million

On March 6, according to Ember monitoring, there was only one day left before the White House cryptocurrency summit held in the early morning of March 8, and the DeFi project WLFI supported by the Trump family once again purchased crypto assets in a big way. WLFI purchased a total of $21.5 million worth of …

Trump WLFI has accumulated $336 million in cryptocurrency assets before the crypto summit, or a floating loss of about $88 million Read More »

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