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S&P Dow Jones Indices (S&P DJI), the world's largest index provider, announced the launch of a perpetual derivative product based on the S&P 500 in partnership with TradeXYZ, a real-world asset (RWA) marketplace on Hyperliquid (HYPE). Qualified investors outside the United States can now take leveraged long and short positions on the S&P 500 index around the clock on the Hyperliquid chain.

American Bitcoin (ABTC), a Bitcoin mining firm involving President Donald Trump's sons Donald Trump Jr. and Eric Trump, now holds 6,899 BTC, surpassing the holdings of Galaxy Digital, Foresight News reported.

Crypto-fiat exchange service LINQ has launched V2 of its platform on the layer-1 blockchain Sui, the company announced on its official X account. The new version enables users to purchase the Nigerian Naira within its wallet and provides features such as bank deposits, withdrawals, and automatic deposits. According to Sui, the launch of LINQ V2 on its network has reduced transaction settlement times from 60 seconds to five seconds.

The three major U.S. stock indices opened lower today. - S&P 500: -0.36% - Nasdaq: -0.35% - Dow Jones: -0.46%

MicroStrategy's (MSTR) practice of issuing perpetual preferred stock (STRC) to acquire Bitcoin, while creating market demand, also contains structural risks, K33 Research noted in a report cited by The Block. The report stated that of the $1.57 billion in BTC purchased by MicroStrategy last week, approximately $1.18 billion was funded through the sale of STRC. STRC is a product designed to trade around $100 and offers an annual dividend of about 11.5%. According to the research, this structure is highly dependent on market sentiment. If BTC's price remains below its target for an extended period, credit risks could become prominent. However, the report also mentioned that the immediate risk is low, as MicroStrategy holds $2.25 billion in cash.

Tempo, a blockchain focused on stablecoins and payments, has launched its mainnet, the project announced on its official X account. The mainnet incorporates the Machine Payments Protocol (MPP), a standard for machine-to-machine payments co-developed with payments firm Stripe, and will offer over 100 MPP-compatible services. The network also supports existing services such as global remittances and tokenized deposits.

The Ethereum Foundation announced it has deposited an additional 3,400 ETH into the DeFi lending protocol Morpho. This follows a deposit made by the foundation last October of 2,400 ETH and $6 million in stablecoins.

Binance has announced that it will list Katana (KAT) perpetual futures at 1:00 p.m. UTC on March 18, with support for up to 10x leverage.

Police in Incheon are searching for three suspects accused of robbing a victim of 40 million won ($29,000) under the pretense of a cryptocurrency transaction. According to the Gyeonggi Ilbo, the Incheon Michuhol Police Station received an emergency call at around 8:15 a.m. UTC today from a motel in the city's Michuhol district. The caller reported that they had arranged to meet for a crypto deal but were instead robbed of the cash. Police are now tracking the whereabouts of the three individuals believed to be involved.

Whale Alert reported that 786,206,868 USDT has been transferred from Aave to HTX. The transaction is valued at about $786 million.

The U.S. Department of Labor announced that the Producer Price Index (PPI) for February rose 0.7% month-over-month, exceeding the market forecast of 0.3%. The PPI is reflected in the Consumer Price Index (CPI) with a time lag.

Kenya has introduced a stringent draft of cryptocurrency regulations in an effort to be removed from the Financial Action Task Force (FATF) gray list, The Block reported. The proposal includes provisions for mandatory licensing and security audits, stricter requirements for stablecoin issuers to hold reserves in local banks, and the introduction of new transaction fees. The regulatory framework is currently a draft and is scheduled to be finalized following a public consultation period.

SaharaAI, a decentralized AI platform, announced on its official blog that it has demonstrated its capabilities in building multimodal AI data through a collaboration with Microsoft Research. The company explained that Microsoft's data services significantly improved data quality and efficiency after adopting SaharaAI, leading to cost savings.

Coinbase announced it has listed Katana (KAT).

According to CoinNess market monitoring, BTC has fallen below $73,000. BTC is trading at $72,972.02 on the Binance USDT market.

Brent crude oil rose 1.23% to $102 per barrel after Iranian state television reported that part of the South Pars gas field and the Asaluyeh oil facility had come under attack.

Netflix is set to release "The Altruists," a series covering the FTX saga, between late this year and early next year, according to Solid Intel.

The correlation between Bitcoin and gold has fallen to -0.88, its lowest level since November 2022, indicating the two assets are moving in opposite directions, CryptoQuant reported via its official X account. Currently, BTC is trading at $73,940.29 on the Binance USDT spot market, up 0.04% from yesterday. Spot gold is trading at $4,969.195, down 0.72% over the same period.

U.S. Senate Banking Committee Chairman Tim Scott said negotiations on the Cryptocurrency Market Structure Act (CLARITY) are progressing, with a draft agreement on stablecoin interest expected this week, CoinDesk reported via its official X account.

An anonymous whale address starting with bc1qf has withdrawn 500.78 BTC, worth $37.16 million, from Binance, according to Onchain Lens. Withdrawals from exchanges are typically interpreted as a sign of intent to hold. The address now holds a total of 3,135.54 BTC, valued at $232.5 million.

More than 2.2 billion USDT was deposited into Binance today, marking the largest single-day inflow since last November, cryptocurrency analyst Amr Taha reported in a CryptoQuant post. He explained that the influx suggests a reactivation of liquidity supply, which had been stagnant for months, and coincides with Bitcoin's recent upward trend. Taha added that this indicates whale addresses or institutional investors are actively funding the rally and that the new liquidity could absorb existing selling pressure.

Mike Higgins, CEO of Ripple Prime (formerly Hidden Road), has stated that XRP can be utilized as collateral for institutional trading, The Crypto Basic reported. This follows community criticism that Ripple was favoring its native stablecoin, RLUSD, and sidelining XRP after its acquisition of Hidden Road. Higgins explained that Ripple Prime accepts XRP not only as a payment asset but also as collateral, adding that this model combines the flexibility of the crypto market with traditional financial mechanisms to significantly improve capital efficiency.

LBank Labs announced today that the daily trading volume for traditional finance (TradFi) perpetual futures on its LBank platform has surpassed $2 billion. Trading in products themed around U.S. stocks is reportedly leading the market, with ASML, LLY, and SPY emerging as the top three assets by volume, recording $175 million, $126 million, and $85 million, respectively. LBank Labs noted that demand for derivatives on major U.S. stocks continues to grow. In response, LBank has introduced infrastructure like xStocks and Ondo Finance (ONDO) to support derivatives trading for U.S. stocks, precious metals, commodities, and indices. The firm added that it will continue to enhance its trading environment by attracting a wider variety of asset derivatives and cross-market liquidity.

Addresses holding over 100 BTC deposited 44,459 BTC to exchanges yesterday, CryptoQuant analyst Maartunn reported via X. Deposits to exchanges are typically interpreted as an intention to sell.

A cross-party U.K. parliamentary committee has recommended a temporary ban on cryptocurrency donations to political parties, The Block reported. The members of parliament argued that the anonymity and technology inherent in crypto could undermine existing financial regulations, insisting that such donations should be blocked until adequate safeguards are in place. They cited difficulties in tracing the origin of funds due to factors like crypto mixers and privacy coins, as well as the risk of donors splitting payments into £499 increments to evade the £500 disclosure threshold. The committee also called for other reforms, including the creation of a new political finance enforcement unit, stricter requirements for overseas donors, and a lower donation disclosure threshold.