Live Feed

Demand for XRP from dip-buyers is being maintained even as the token's upward momentum slows, Cointelegraph reported. The token rose to $1.41 before selling pressure pushed it into a sideways trend, confirming the $1.40 level as a short-term resistance. Despite this, buying pressure has consistently defended the $1.37–$1.373 range, forming a structure of gradually higher lows. This indicates that demand from dip-buyers remains strong despite the weakening momentum, the outlet explained.

South Korean crypto exchange Bithumb announced it will list CySiq (CYS) for KRW trading at 8:00 a.m. UTC on March 12.

Losses from crypto ATM scams in the United States reached $333 million last year, Cointelegraph reported, citing a report from cybersecurity firm CertiK. The increase is attributed to fraud groups using AI deepfake technology. According to the report, criminal organizations are exploiting the fast transaction speeds and anonymity of crypto ATMs to steal funds from victims. The analysis noted that these ATMs have become an easy tool for theft because cash can be converted to cryptocurrency in under five minutes with limited identity verification.

Binance Co-CEO He Yi said on X that traditional finance views cryptocurrency as a solution, and the crypto industry likewise sees traditional finance as a solution. She added that recent industry fundraising and the market performance of companies preparing for or having completed IPOs seem to have prompted financial media to re-evaluate Binance's corporate value. While Forbes's valuation is encouraging, He Yi noted, a corporate valuation is ultimately just an estimate.

U.S. prosecutors have argued that a request for a new trial by FTX co-founder Sam Bankman-Fried (SBF) should be denied, Bloomberg reported. They contend that SBF has failed to prove his conviction was unjust. SBF filed for a retrial early last month, claiming that newly obtained testimony could influence the case's outcome. In his initial trial, SBF was sentenced to 25 years in prison and ordered to forfeit $11.02 billion, a verdict that was later overturned on appeal.

The recent surge in international oil prices could become a variable for the cryptocurrency market, Binance Research noted in a March 11 report. The report explained that while the U.S. February Consumer Price Index (CPI) met expectations with a 2.4% year-over-year increase and brought relief to the market, this figure does not reflect the impact of the recent situation in the Middle East and the spike in oil prices. Binance Research suggested that real inflationary pressure is more likely to appear in the March and April data, which could in turn affect the Federal Reserve's future interest rate cut policies. As the crypto market is correlated with macroeconomic factors, the report advised that these indicators should be closely watched. It also added that the recovery of spot ETF inflows will be key to determining the market's turning point after the recent downturn.

U.S. spot Ethereum ETFs recorded a net inflow of $57.11 million on March 11, marking the second consecutive day of positive flows, according to data compiled by Trader T. No ETFs experienced net outflows during the day. - BlackRock's ETHA: +$18.9 million - Fidelity's FETH: +$19.13 million - Grayscale Mini ETH: +$19.08 million

U.S. spot Bitcoin ETFs recorded a net inflow of approximately $115.42 million (171 billion won) on March 11, marking the third consecutive day of net inflows, according to data compiled by Trader T. - BlackRock IBIT: +$115.51 million - Fidelity FBTC: +$15.37 million - VanEck HODL: -$4.49 million - Grayscale GBTC: -$15.97 million - Grayscale Mini BTC: +$5 million

Tom, founder of the BONK-based coin issuance platform Letsbonk.fun, announced via X that the domain bonk.fun has been hijacked due to a hacked team account. He urged users not to access the domain until further notice.

An address believed to belong to FTX and Alameda Research unstaked 197,000 SOL, worth approximately $17.07 million, yesterday, Onchain Lens reported. According to past patterns, the tokens are likely to be distributed across multiple addresses before being transferred to Coinbase and Binance.

Grayscale has announced that trading for its Avalanche (AVAX) staking ETF, GAVA, will begin tomorrow. GAVA is a product that passively invests in AVAX, structured to track the value of the fund's underlying assets net of expenses and liabilities. Through the ETF, investors can also indirectly participate in AVAX staking rewards.

Lee Chan-jin, Governor of South Korea's Financial Supervisory Service (FSS), attended a meeting of the Basel Committee on Banking Supervision's (BCBS) Group of Governors and Heads of Supervision (GHOS), where members agreed to review prudential standards for banks' exposure to virtual assets, Financial News reported. The group also agreed to review the assessment methodology for Global Systemically Important Banks (G-SIBs). This suggests that banks holding virtual assets or offering related services will face stricter capital requirements in the future.

The upcoming U.S. consumer price index (CPI) for March has already been priced into Bitcoin, Cointelegraph reported, citing multiple analysts. The report notes that while the March CPI is expected to exceed forecasts, risk asset markets, including BTC, have shown relatively little movement. This stability suggests the market has already accounted for a potential rebound in inflation. The fundamental market belief that the Federal Reserve will cut interest rates is unlikely to be shaken, provided the inflation figures do not deviate significantly from expectations. However, some experts believe that if core CPI remains high, the Fed might delay its rate cuts until the second half of the year, the report added.

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $64.76 million liquidated (56% shorts) - ETH: $44.74 million liquidated (54.64% shorts) - SOL: $7.98 million liquidated (58.15% shorts)

Dunamu, the operator of South Korean crypto exchange Upbit, has decided to pay a dividend of 5,827 won per share this year, down from a record 8,777 won in the previous year, News1 reported. The total dividend payout is also set to decrease from approximately 300 billion won last year to around 200 billion won this year. The reduction is attributed to fluctuating trading volumes on Upbit amid volatility in the digital asset market.

Pump.fun (PUMP) is expected to expand its platform by registering subdomains on Base, BNB Smart Chain (BSC), Monad (MON), and Ethereum (ETH), Wu Blockchain reported. The platform has also removed any mention of Solana (SOL) from its official X profile. This move follows the recent addition of support for competing cryptocurrencies like Raydium (RAY) and Meteora (MET), as well as wrapped assets like wBTC, aligning with previous reports that the project is transitioning from a memecoin-focused service to an all-in-one trading app.

World Liberty Financial, a DeFi project linked to the Trump family, has deposited 39.7 million WLFI, worth $4 million, to Binance, Onchain Lens reported. Deposits to exchanges are typically interpreted as a precursor to selling.

Hong Kong authorities are preparing to issue stablecoin licenses to HSBC, Standard Chartered, and local cryptocurrency exchange OSL, according to a report by local media outlet Sing Tao Daily. The list of licensees could be announced as early as next week, although the timeline is subject to change. Hong Kong passed a stablecoin ordinance last May that requires a license for any business issuing stablecoins in the city or handling stablecoins pegged to the Hong Kong dollar. The law took effect in August, after which the Hong Kong Monetary Authority (HKMA) began accepting applications.

Patrick Witt, executive director of the White House's advisory committee on digital assets, stated that stablecoins compliant with the GENIUS Act could drive new capital into the U.S. banking system, regardless of the ongoing debate over stablecoin rewards and interest payments. Writing on X, he explained that immense global demand for the dollar would lead overseas investors to convert local currencies into dollar-backed stablecoins. This process, he argued, creates a net capital inflow as the funds naturally move into U.S. banks, thereby increasing their deposits.

Paraguay's National Directorate of Tax Revenue (DNIT) is strengthening its supervisory framework for cryptocurrency transactions, according to a report from Cryptonoticias. A resolution published by the tax authority obligates crypto platforms to report detailed information on all user transactions. Additionally, platforms must submit technical data, including wallet addresses, networks, and the hash value of each transaction. The move is seen as a step toward establishing a framework for cryptocurrency taxation.

The recently established labor union at South Korean crypto exchange Bithumb has begun official activities, starting with a membership drive, The Fact reported. The union is protesting what it calls a deterioration of working conditions, citing a more than 50% reduction in employee welfare points and changes to the rules of employment that allow for pay cuts based on performance reviews. The union argued that under the law, such unfavorable changes require the consent of a majority of employees or their representative union, and stated it would organize to protect workers' rights. In response, Bithumb said that it respects its employees' rights and plans to act in accordance with relevant laws and procedures.

According to CoinNess market monitoring, BTC has fallen below $70,000. BTC is trading at $69,988.49 on the Binance USDT market.

Quantum computing (QC) is a long-term risk to Bitcoin but not an immediate threat, according to a recent report by Ark Invest on-chain analyst David Puell. He argued that even if a quantum system could impact Bitcoin's cryptography, the process would be lengthy and prohibitively expensive for an attacker. Puell noted that current quantum systems cannot neutralize BTC, and any technological advancements would likely affect general internet security before targeting Bitcoin specifically. This suggests a gradual technological evolution rather than a radical shock, a so-called "Q-day." Currently, the BTC exposed to quantum threats includes 1.7 million BTC in addresses presumed to be lost and 5.2 million BTC held in certain vulnerable addresses. However, the network is expected to have time to respond by adopting quantum-resistant cryptography. The key will be how the Bitcoin community implements these quantum-resistant cryptographic systems, he concluded.

Asset manager VanEck announced it will offer its cryptocurrency ETF products in U.S. 401(k) retirement plans through fintech firm Basic Capital. The move will allow U.S. retirement plan participants to gain indirect exposure to cryptocurrencies through ETFs. While specific products have not been disclosed, potential offerings could include VanEck's Bitcoin spot ETF (HODL) and its Ethereum spot ETF (ETHV).

An anonymous whale has withdrawn a cumulative 63,324 ETH, worth $131 million, from the crypto exchange Kraken over the past 24 hours, according to EmberCN. The withdrawals occurred in two transactions: one for 44,888 ETH yesterday and another for 18,436 ETH ($38.26 million) early today. The average price for the withdrawn ETH is $2,072. The whale is now holding the assets across four separate addresses. Withdrawals from exchanges are typically interpreted as an intention to hold.