Sangen Rai

@xsangen

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In the past half hour, YZi Labs, formerly Binance Labs, transferred 1 million AXS ($2.39M), 3 million PERP ($560K), and 1 million CHESS ($50K) to Binance, as monitored by on-chain analyst Yu Jin. These tokens were obtained by YZi Labs through investment unlock vesting.

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Pierre Poilievre, a Canadian Prime Minister candidate supporting BTC, has seen his approval rating plummet from 93% to 25% this year, a 73% drop. Meanwhile, Carney, now backed by Trump, has emerged as the most favored candidate with a 76% approval rate.

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BlackRock has added 4,238 ETH, worth $6.6 million, to its holdings through its Ethereum ETF, marking its first increase in a month, as reported by Arkham.

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Bitcoin has surged above $82,500, facing potential resistance at $84,000, with analysts suggesting a possible rise to $96,000 if surpassed. Despite bullish sentiments from firms like Bitwise, market caution persists due to recent outflows from US-listed Bitcoin ETFs.

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Binance Research suggests U.S. Treasury market volatility could lead to carry trade unwinds, while Bitcoin shows relative stability with a lower-than-expected volatility and a 14-day rolling beta to the Nasdaq at 0.26. Global central banks' potential liquidity support might further bolster crypto markets.

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Centrifuge has partnered with Wormhole to introduce a multichain tokenization platform, starting with the $230 million Janus Henderson Anemoy Treasury Fund, aiming to streamline real-world asset tokenization across various blockchains.

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A long-dormant Ethereum whale has sold 7,974 ETH for approximately $11.8 million at $1,479 per ETH, as reported by Lookonchain. The whale still holds 30,606 ETH, valued at around $40.07 million.

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New York Attorney General Letitia James has urged Congressional leaders to adopt a federal digital asset regulatory framework to mitigate risks of fraud, criminal activity, and financial instability, emphasizing the threat of widespread BTC adoption to the dollar's dominance and advocating for the 'localization' of stablecoins.

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The ongoing trade war between Trump's administration and China is speculated to influence Bitcoin's market dynamics, as investors seek alternative assets.

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Bitcoin's price fell 5.6% in a week, with futures volume rising 64%, indicating a potential market transition. Despite increased activity, a 19% drop in open interest suggests traders are cautious.

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Analysts warn Solana could experience a significant drop, with predictions suggesting up to a 30% decrease in value, raising questions about its future performance.

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In response to US tariffs, China's yuan devaluation against the dollar has analysts predicting a potential boost for Bitcoin, as capital may flow into hard assets like BTC. The yuan's drop to its lowest since 2023 signals Beijing's willingness to allow more currency flexibility amid escalating trade tensions.

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According to Whale Alert, the USDC Treasury destroyed 50 million USDC on the Ethereum blockchain at 23:18 Beijing time.

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According to on-chain analyst The Data Nerd (@OnchainDataNerd), whale address '0x5fA' has accumulated 13,075 ETH (approximately $23.27 million) over the past month, with an average purchase price of around $1,780. The address currently has 24,300 ETH staked in the Lido protocol, with no selling activity observed.

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The cryptocurrency market experienced a significant downturn, with over $1.6 billion in leveraged positions liquidated and Ethereum (ETH) dropping to its lowest level since January 2023. Analysts attribute the selloff to global macroeconomic uncertainties, despite some seeing potential for a short-term rebound.

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BlackRock CEO Larry Fink warns of a potential 20% market decline, citing U.S. instability and inflation concerns, but sees long-term buying opportunities. He remains skeptical of Fed rate cut speculations for 2025 and previously viewed market turmoil as a buying chance, mentioning Bitcoin's potential as a global reserve currency.

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BlackRock's BUIDL Fund has deployed over $1 billion on the Ethereum blockchain, with a current total of approximately $1.145 billion. The fund focuses on tokenized real-world assets (RWA) and diversifies investments across multiple chains including Avalanche, Polygon, Aptos, Arbitrum, and Optimism, with Ethereum remaining its core allocation.

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Binance founder Changpeng Zhao (CZ) utilized BNB to take a long position on Mubarak through APX Finance, which has now been closed. This action briefly propelled APX and Mubarak prices by 26% and 5.5%, respectively, as CZ described it as a routine on-chain test.

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On March 22 (UTC+8), Japan's listed real estate company Open House Group announced it will accept XRP, SOL, and DOGE for payments, allowing international clients to purchase local properties with these cryptocurrencies. The company had previously supported BTC and ETH payments and sponsored Japan's largest Lightning Network community, 'Diamond Hands', for a joint research project in 2022.

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In the last 24 hours, the cryptocurrency market experienced $116 million in liquidations, affecting 76,176 individuals, with AUCTION leading at $20.05 million.

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