Crypto whale liquidated for $308M in leveraged Ether trade

Crypto markets remained volatile due to uncertainty around global trade tensions, increasing the risks of leveraged trading. A large cryptocurrency trader, known as a whale, lost more than $308 million on a leveraged Ether position, underscoring the risks of leveraged trading during volatile market conditions. The unknown crypto trader was liquidated on their 50x leveraged …

XRP ETF: Here are the funds awaiting SEC approval so far

On March 11, Franklin Templeton became the ninth firm to file for an XRP ETF, though giants like BlackRock have yet to join the race. American asset manager Franklin Templeton has entered the growing XRP exchange-traded fund (ETF) race, becoming the latest firm to file for a spot XRP ETF in the United States. Franklin …

Will Ethereum price bottom at $1.6K?

All Ethereum holders across the network currently carry an average unrealized loss of 7% after ETH price fell below $2,000 for the first time since December 2023. Ethereum’s native token, Ether (ETH), dropped below $2,000 on March 10, and the altcoin has struggled to regain a position above the psychological level. While Bitcoin (BTC) and …

Bitcoin’s next catalyst: End of $36T US debt ceiling suspension

Bitcoin may get a price boost as the US debt suspension ends on March 14 and injects fresh liquidity into markets. Global trade tensions still pose potential risks. Bitcoin’s next significant price catalyst may arrive Friday as the US debt suspension period comes to an end, potentially injecting fresh liquidity into markets and driving a …

Abu Dhabi’s MGX invests $2B in Binance, marking largest institutional stablecoin-backed crypto deal

Binance, the world’s largest crypto exchange, secured its first institutional investment with a $2 billion backing from Abu Dhabi-based investment giant MGX. The deal, announced on March 12, marks the largest investment ever received by a crypto company and the most significant transaction conducted entirely in stablecoins. Strategic growth The investment grants MGX a minority …

Hyperliquid hit by $4 million loss after whale’s high-risk trading incident

Hyperliquid reported a $4 million loss in its Liquidity Provider (HLP) vaults within 24 hours. According to a March 12 post on X, the loss followed a major liquidation event involving a high-risk trader. Following the news, Hyperliquid’s HYPE token responded negatively to the event, dropping over 3% in the past 24 hours. The token …

Ethereum plunges to 5-year low against Bitcoin, market dominance drops to 8.8%

Ethereum (ETH) has struggled to keep pace with Bitcoin (BTC), hitting its weakest level in over five years. Data from CoinMarketCap shows that the ETH/BTC trading pair has fallen to 0.024, its lowest point since December 2020. This signals Ethereum’s declining strength relative to Bitcoin, reinforcing the market’s shifting sentiment. ETH/BTC Ratio (Source: CoinMarketCap) Ethereum’s …

Michael Saylor says US needs Bitcoin to continue as military superpower aligning with SoftWar theory

In a recent Bitcoin Policy Institute event speech, Michael Saylor aligned closely with Major Jason Lowery’s ‘SoftWar’ thesis, framing Bitcoin as a critical defense mechanism rather than simply a financial asset. Saylor emphasized Bitcoin’s role as a “digital defense system,” equating its open, decentralized energy flow to the strategic military defense of cyberspace. Echoing Lowery’s …

Hyperliquid Absorbs $4M Loss as Whale Nets $1.8M Profit in Ethereum Trade 

A trader on decentralized exchange Hyperliquid exited a $200 million leveraged ethereum trade with a $1.8 million profit, while the platform’s liquidity pool absorbed a $4 million loss, prompting leverage adjustments to mitigate future risks. Trader Profits $1.8M as Hyperliquid’s Liquidity Pool Takes $4M Hit A Hyperliquid trader using wallet “0xf3f4” deposited $4.3 million in …

Meme Index Poised for 10x Gains in Q4 as $4M Presale Nears April Launch

This content is provided by a sponsor. Meme Index (MEMEX) is rewriting the meme coin playbook with its clever approach to investing, having now secured $4 million in presale funding ahead of its April launch. With a growing community and the backing of top crypto analysts, MEMEX could be primed for 10x (or bigger) gains …

Franklin Templeton Aims to Launch Solana ETF, Files With SEC

Franklin Templeton has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch the Franklin Solana ETF, a new exchange-traded fund designed to track the price of the cryptocurrency Solana (SOL). Franklin Templeton Seeks SEC Approval for Solana ETF The filing, submitted on March 12, 2025, marks the latest effort by a …

US Inflation Dips to 2.8%, But Blockchain Data Suggests It’s Even Lower

On Wednesday, the U.S. Bureau of Labor Statistics unveiled its latest findings, revealing that February’s Consumer Price Index—a key measure of inflation—eased to 2.8%, coming in slightly under the anticipated 2.9%. CPI Shows Inflation Cooling, But Real-Time Data Tells a Different Story Inflation in the United States is steadily easing, as the most recent Consumer …

Bitcoin Stalls Even as Inflation Cools

The digital asset traded just below $82,000 this morning despite positive macroeconomic data that shows tempered inflation. Bitcoin Flatlines as Inflation Eases The dominant cryptocurrency remained mostly flat over the past 24 hours as better-than-expected inflation data cultivated optimism in traditional markets. Bitcoin (BTC) traded within a range of $79,059.43 to $84,358.58, and is currently …

Binance Secures Historic $2 Billion Crypto Investment From Abu Dhabi’s MGX

Abu Dhabi-based MGX has invested $2 billion in Binance, marking the largest institutional investment ever in a crypto company and the largest ever paid in stablecoins. The deal cements Binance’s dominance and signals growing institutional faith in blockchain’s future. MGX Enters Crypto with Record-Breaking $2 Billion Stake in Binance Binance, the world’s largest crypto exchange …

Rumble Buys 188 BTC as Part of $20M Bitcoin Treasury Strategy

Video platform Rumble has purchased 188 BTC for $17.1 million, strengthening its push into the crypto space. The buy aligns with Rumble’s $20 million bitcoin treasury strategy. Rumble Acquires $17.1 Million in Bitcoin as Part of Treasury Strategy Rumble, the video-sharing and cloud services company, announced the acquisition of 188 BTC for approximately $17.1 million, …

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