Kraken has started sending emails to FTX customers to confirm the timing and scope of the next round of asset allocation
On March 6th, it was reported that Sunil, the representative of FTX creditors, revealed that the cryptocurrency exchange Kraken has started sending emails to FTX clients confirming that the next round of FTX asset distribution will take place on May 30, 2025.
2025-01-01 17:00:00SHARE
Head of YZi Labs: Funds are flowing back from Meme to altcoins. Meme coins have no fundamentals and therefore cannot be sustained
On March 15th, YZiLabs (formerly Binance Labs) leader Ella Zhang stated in an interview with BeInCrypto that although community-driven narratives provide investors with a fairer entry point, they have lost momentum over time due to weak fundamentals. Ella Zhang said: Starting from the end of the first quarter, interest in tokens supported by venture capital began to decline, while the popularity of meme coins soared, leading to the so-called meme coin frenzy; Pump.fun and similar platforms are reshaping early-stage altcoin investments to make them more accessible, transparent, and community-driven. These platforms mainly focus on meme coins, experimental tokens, and community-driven projects, making it easier for anyone to launch and participate in new crypto assets. However, in recent months, this trend has started to reverse. Although meme coins are easy to obtain, their short-lived popularity has prompted traders to return to altcoins supported by venture capital. "According to CoinMarketCap data, this trend is now slowing down. The ratio of meme coin market value to non-meme altcoin market value has been declining, indicating that funds are gradually flowing back to non-meme coins. For any asset to have lasting/continuous value, it [needs] one or more underlying services, businesses, products, technologies, or innovations to drive price increases. Without fundamentals, value cannot be maintained." Ella Zhang said.
2025-01-01 17:00:00SHARE
Mubarak's market value exceeds $40 million, up more than 100% in the past 6 hours
On March 15th, according to GMGN market data, the market value of Meme coin mubarak on BSC has exceeded 40 million US dollars, currently at 42.7 million US dollars, with a more than 100% increase in the past 6 hours, and a 24-hour trading volume of 47.1 million US dollars. Meme coin has huge trading fluctuations, heavily relying on market sentiment and concepts, with no actual value or use case. Investors should be aware of the risks.
2025-01-01 17:00:00SHARE
Hedrea announces strategic investment in stablecoin payment gateway ivorypay.io
The decentralized ledger network Hedera announced a strategic investment in the stablecoin payment gateway ivorypay.io, with the specific amount not disclosed. It is reported that ivorypay had previously partnered with the stablecoin issuer Tether, allowing direct minting and issuance of USDT through Ivorypay.
2025-01-01 17:00:00SHARE
DeFi Oracle RedStone Oracles has been integrated into World Chain
DeFi oracle RedStone Oracles announced that it has been integrated into World Chain. BlockBeats previously reported that on October 18, 2024, Sam Altman-backed Worldcoin officially changed its name to World Network (abbreviated as World), and its Layer2 network World Chain mainnet has been launched, with the blockchain built using OP Stack.
2025-01-01 17:00:00SHARE
A payments and settlement system backed by 15 central banks is piloting an African money market that aims to allow countries to settle trade in local currencies.
On March 15th, according to News.bitcoin, the Pan-African Payment and Settlement System (PAPSS), supported by 15 central banks, is piloting a currency platform to enable countries to settle trade using their local currencies. Reuters reported that the platform, called the African Currency Market, is planned to be launched later this year. The introduction of the African Currency Platform is expected to help promote intra-African trade.
2025-01-01 17:00:00SHARE
An OG wallet deposited the remaining 301 BTC into Binance 2 hours ago
According to Lookonchain monitoring, two hours ago, an OG wallet deposited the remaining 301 BTC (27.9 million USD) into Binance. The whale purchased 801 BTC (8.25 million USD) at a price of 10,297 USD in August 2019, and sold all of them between September 18, 2024 and March 6, 2025, making a profit of 51.8 million USD.
2025-01-01 17:00:00SHARE
10x Research: Bitcoin may enter another 8-month oscillation period, and the market lacks the momentum to "buy on dips"
Markus Thielen, research director of 10x Research, said that Bitcoin may repeat the trend of 2024, entering a long period of consolidation after hitting a historical high. He pointed out that the technical chart of Bitcoin currently shows a "high-level tight flag" pattern, which is usually considered a bullish continuation pattern, but the current structure shows some signs of weakness, indicating that the market is in an uncertain state rather than simply consolidating in a bullish manner.
2025-01-01 17:00:00SHARE
Binance: The limit order function of the RED/USDT trading pair is temporarily out of order, and users' losses will be compensated
According to the Binance Customer Support account, the limit order function for the RED/USDT pre-market trading pair was faulty from 11:39 to 12:09 on March 6th (GMT+8), during which the market order function remained operational. Binance stated that they immediately fixed the issue upon discovery and apologized for any inconvenience caused to users. Binance promised that users who incurred losses due to this system issue can directly contact Binance customer service for feedback, and will receive corresponding compensation after verification.
2025-01-01 17:00:00SHARE
Former Ethereum Foundation engineer: Ethereum and EVM lack a clear, cohesive vision and need more decisive leadership
On March 15th, according to Crypto.news, former Ethereum Foundation engineer Hari stated that Ethereum and EVM lack a clear, cohesive vision, leading to a lack of progress for EVM. He believes that Ethereum needs more decisive leadership, and without this improvement, the only viable path is "stagnation". Additionally, Ethereum needs to reduce its focus on research and prioritize delivery. At this time, Ethereum should reflect on what went wrong in the past five years and work to address it. If Ethereum continues to operate in the same way as it has for the past five years without any changes, it will yield the same results.
2025-01-01 17:00:00SHARE
Drones in Austin, USA, formed the largest Bitcoin symbol, setting a Guinness World Record
according to Cointelegraph, a drone formation in Austin, Texas, USA created the largest Bitcoin symbol ever, set by Gemini in the Guinness World Records.
2025-01-01 17:00:00SHARE
About $102 million USDT transferred from Binance to an unknown wallet
On March 5th, according to Whale Alert monitoring, 101,913,695 USDT (about $102 million) was transferred from Binance to an unknown wallet at 15:37.
2025-01-01 17:00:00SHARE
The GPS repurchase address raised another 24.11 million GPS two minutes ago, worth $637,000
according to on-chain analyst @ai_9684xtpa monitoring, two minutes ago the GPS repurchase address proposed another 24.11 million GPS, worth $637,000, so the total repurchase quantity has risen to 89.02 million GPS ($2.56 million), and the repurchase progress has been updated to 58.98%.
2025-01-01 17:00:00SHARE
Billionaire Marc Lasry: Under the impact of Trump's policy uncertainty, the economy may not be able to escape recession
Marc Lasry, co-founder of Avenue Capital Group and billionaire, said that the uncertainty of Donald Trump's policies, especially the tariff policy, is hindering investors who want to take advantage of market opportunities.
2025-01-01 17:00:00SHARE
Ark Invest Increases Bitcoin Holdings by $82.6 Million
according to BITCOINLFG, Ark Invest increased its Bitcoin holdings by $82.6 million.
2025-01-01 16:00:00SHARE
Matrixport: Futures cool down while Bitcoin ETF remains stable, the market is waiting for new catalysts
Matrixport stated on social media that by mid-December 2024, the inflow of funds into Bitcoin ETFs and open interest in Bitcoin futures both reached around $35 billion. Subsequently, futures positions fell sharply, while Bitcoin ETF fund flows remained relatively stable.
2025-01-01 16:00:00SHARE
Institutional analysis: US economic fundamentals show no need to rush to cut interest rates
Paul Eitelman, Chief Investment Strategist for North America at Russell Investments, said that due to the strong US economy, the next rate cut by the Federal Reserve is unlikely to come before May or June.
2025-01-01 16:00:00SHARE
BitUniverse: Plans to raise HK$16 million through rights issue at a discount of approximately 19.61% to apply for a virtual asset trading platform license
Bit Universe, a Hong Kong-listed company, announced that it has entered into a placement agreement with a placement agent, intending to place up to 40 million shares of placement shares to no fewer than six placees through the placement agent, at a price of 0.41 Hong Kong dollars per share, representing a discount of approximately 19.61% from the closing price of 0.510 Hong Kong dollars per share on the day. The company intends to use the net proceeds from the placement for the application of the relevant licenses required to operate a virtual asset trading platform.
2025-01-01 16:00:00SHARE
A whale liquidated 6,777 ETH, losing about $1.01 million
according to ai_9684xtpa monitoring, Ethereum has seen a record-breaking active sell-off in the past 3 months. A certain whale has cut losses and liquidated 6777 ETH (12.8 million USD) in the past 24 hours, with a loss of approximately 1.01 million USD.
2025-01-01 16:00:00SHARE
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