Live Feed

Binance has announced that it will temporarily suspend deposits and withdrawals for COS via the Ethereum network and DEGO via the BNB Chain, starting from 8:00 a.m. UTC on March 20.

Although Bitcoin has reclaimed the $70,000 level, the market remains unconvinced that a full-fledged bull run is underway, according to crypto analyst Darkfost. He explained that many investors are hesitant to confirm a bull cycle because geopolitical and macroeconomic risks continue to weigh on the market, making it difficult for risk assets to sustain a strong upward trend. Darkfost highlighted a pattern seen since the beginning of the month where market participants have used each Bitcoin rebound as an opportunity to open short positions. As evidence, he pointed to the funding rate on Binance, which has been negative for about a week. He added that historically, when funding rates reach extreme levels or market sentiment is heavily skewed in one direction, it is often too late to take a position in that same direction. If Bitcoin's rebound continues, Darkfost believes there is a high probability of a short squeeze, as the accumulated short positions could face a wave of liquidations.

The Gaia AI Phone, a device marketed as a decentralized artificial intelligence (AI) smartphone, is facing controversy over shipping delays, Digital Asset reported. Gaia Network first unveiled the phone as a Korea Blockchain Week (KBW) edition in a blog post last July. One buyer stated that while the company is believed to have sold approximately 7,000 units, there has been no announcement regarding the delivery schedule. The buyer added that they have been unable to reach the company for inquiries despite finding a separate contact number.

South Korean crypto exchange Bithumb announced it will delist Goatseus Maximus (GOAT) at 6:00 a.m. UTC on April 13. The exchange explained that the decision was made because the materials submitted by the project's foundation were insufficient to resolve the issues that led to its investment warning designation.

Bitcoin is seeing strong accumulation between $62,000 and $72,000, according to Glassnode. However, the firm noted that the intensity is relatively weak compared to the accumulation phases seen just before previous bull cycles. While the conviction of market participants is gradually strengthening, Glassnode assessed that the foundation is not yet sufficient to support a medium-term uptrend.

BTC perp long/short ratios on top exchanges by open interest The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 50.31% long, 49.69% short - Binance: 50.71% long, 49.29% short - OKX: 51.55% long, 48.45% short - Bybit: 52.08% long, 47.92% short

Singaporean fintech firm MetaComp announced it has raised $35 million in a pre-Series A seed round. The round was led by Alibaba, with participation from Spark Ventures and other institutional investors. MetaComp, which holds a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), provides a payment solution that combines fiat currency and stablecoins. The company plans to use the funds to expand its global stablecoin payment network and build a financial ecosystem utilizing AI technology.

Crypto analyst qinbafrank has attributed Bitcoin's recent outperformance against other assets to a recovery in U.S. dollar liquidity, driven by an increase in U.S. bank reserves. In a post on X, the analyst noted that U.S. bank reserves have gradually increased from $2.96 trillion at the end of last month to $3.037 trillion recently. According to the analyst, bank reserves are the most critical variable for dollar liquidity, and BTC, being highly sensitive to liquidity, appears to be reflecting this change most effectively. In contrast, the U.S. stock market has been relatively sluggish amid geopolitical instability in Iran and concerns over private trust redemptions. The expansion in bank reserves is a result of the U.S. Federal Reserve's Reserve Management Purchases (RMP) plan and reduced spending from the Treasury General Account (TGA). The analyst suggested that future market direction will likely be determined by whether this growth in bank reserves continues.

Although Bitcoin is rallying on the back of declining exchange supply and rising spot demand, it is likely to face significant resistance at $74,000 and $78,880, according to crypto analyst Murphy (@Murphychen888) on X. He noted that the first resistance level of $74,000 falls within the MVRV (Market Value to Realized Value) range, making an upward break difficult now that a bear market has begun. Additionally, $78,880 represents a strong resistance zone as it is the average cost basis for long-term holders. Murphy pointed out that these holders account for 2.42 million BTC, a volume that current demand levels are unlikely to absorb in a single push. The analyst also highlighted a buildup of "Long Gamma" positions at the $74,000 level in the options market. Murphy anticipates that the peak of this rebound will likely form between $74,000 and $79,000, with future price action depending on whether BTC can breach this range.

A group of U.S. Democratic senators has announced its intention to oversee a Department of Justice (DOJ) investigation into Binance's potential violations of sanctions against Iran, Cointelegraph reported. In a joint statement, Senators Chris Van Hollen and Elizabeth Warren, among others, emphasized that the DOJ must conduct a thorough investigation and hold Binance accountable if any illegal activities are confirmed. They expressed concern that Binance, which they said has a history of prioritizing profits over the law, may have once again violated U.S. sanctions and helped funnel funds to terrorist organizations with ties to Iran.

The anonymous trader who mistakenly swapped 50 million USDT for just 325 AAVE ($36,000) on Cow Swap is believed to be Garrett Jin, the founder of BitForex and a Bitcoin OG, according to on-chain analytics firm Lookonchain. Lookonchain reported that its on-chain tracking identified 13 wallets connected to the incident. One of these wallets was found to be identical to a Binance deposit address belonging to Jin. The firm explained that the timing aligns with Jin's sale of 261,000 ETH ($543 million) and 11,318 BTC ($761 million) on Feb. 15 and 20, which coincided with when the associated wallets withdrew stablecoins from Binance.

U.S. spot Ethereum ETFs recorded $72.45 million (107.9 billion won) in net inflows on March 12, according to data compiled by Trader T. This marks the third consecutive day of net inflows. - BlackRock ETHA: +$18.77 million - Fidelity FETH: +$52.02 million - Bitwise ETHW: +$890,000 - Franklin EZET: +$780,000

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has sanctioned two companies and six individuals for allegedly aiding fraudulent schemes involving North Korean IT workers who secured jobs under false identities, Cointelegraph reported. The sanctions freeze all U.S.-based assets of the designated entities and prohibit them from conducting financial transactions or business activities within the United States.

South Korean decentralized web infrastructure startup Selanet announced the official launch of "Agent-Node," a decentralized node specifically for AI agents. The company currently operates over 2,800 nodes in more than 90 countries, processing over 30,000 requests daily. Node operators receive Monad chain-based point rewards, which are scheduled to be converted into tokens upon a future launch. In the second quarter, Selanet plans to incorporate Coinbase's x402 protocol to implement a system allowing AI agents to autonomously pay for web access costs using USDC.

Europol, the U.S. Department of Justice (DOJ), and other agencies have shut down the malicious proxy service SocksEscort and frozen $3.5 million in cryptocurrency linked to its criminal proceeds, Decrypt reported. The service had infected more than 369,000 Internet of Things (IoT) devices across 363 countries to steal assets from victims.

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $97.69 million liquidated (71.46% shorts) - ETH: $78.48 million liquidated (74.8% shorts) - SOL: $13.51 million liquidated (82.23% shorts)

Sui (SUI) announced via X that it has introduced a decentralized Seal key server, powered by multi-party computation (MPC), to its testnet. Seal is an access key system used to encrypt application data. It provides a stronger trust model by distributing encryption authority and key trust across multiple servers, while maintaining the same access policies as the software development kit (SDK) that enables everyday cryptocurrency payments.

AI sandbox MMORPG DreamWorld announced that it onboarded to the Marblex ecosystem on March 11. The game features a massive world where all players are active simultaneously, with key features including AI technology that generates 3D architectural components from text input, as well as destructible terrain and terraforming capabilities. DreamWorld is sold on the PC gaming platform Steam and is also available for separate purchase on TokenTrove, a platform collaborating with Marblex. Up to 50% of sales revenue generated from TokenTrove will be used for MBX token buybacks and burns. The project has received investment from Y Combinator, the Silicon Valley startup incubator known for backing OpenAI founder Sam Altman.

Proof of Attendance Protocol (POAP) has announced that starting March 16, it will halt new services and only maintain its existing systems. POAP General Manager Isabel Gonzalez explained that the platform had limitations in scaling as an infrastructure beyond a specific niche market. She noted that while new onboarding will be discontinued, existing users and interfaces will be maintained. With the team halting further development, some operational disruptions may occur, Gonzalez added. POAP now plans to focus on developing an Open Collectibles Standard and building its next-generation infrastructure.

Binance has announced it will remove TrueUSD (TUSD) and Alchemix (ALCX) as collateral assets for its VIP Loan service, effective at 12:00 a.m. UTC on March 30.

U.S. spot Bitcoin ETFs saw net inflows of approximately $54.08 million on March 12, marking the fourth consecutive day of positive flows, according to data compiled by Trader T. - BlackRock's IBIT: +$46.36 million - Fidelity's FBTC: +$15.3 million - Bitwise's BITB: -$5.72 million - Ark Invest's ARKB: +$3.03 million - Grayscale's GBTC: -$9.88 million - Grayscale's Mini BTC: +$4.99 million

Binance has announced that it will list spot KAT at 1:00 p.m. UTC on March 18. The token will be listed with the Seed Tag, which is applied to tokens that may exhibit higher volatility and risks compared to other listed tokens.

Polaris Office, the developer of Polaris Share (POLA), has signed a Business Associate Agreement (BAA) with OpenAI to enter the U.S. AI healthcare market, The Asia Business Daily reported.

An address believed to belong to Trend Research borrowed 27,000 ETH ($57.11 million) from the crypto lending protocol Aave and deposited the funds into Binance four hours ago, EmberCN reported. The address had previously deposited 100 million USDC as collateral on Aave. Trend Research previously withdrew approximately 790,000 ETH ($2.59 billion) at an average price of $3,267 between November of last year and this past February. It was later reported that on Feb. 7, the firm sold its entire position at a loss of around $747 million.

An anonymous whale withdrew 10,421 ETH, worth $21.59 million, from Kraken nine hours ago, according to ai_9684xtpa. Over the past three days, the whale has accumulated a total of 73,744.98 ETH, valued at $152 million.