The whale who opened a PENDLE position eight months ago sold out his position at a loss of $1.958 million
According to Ai Aunt's monitoring, the whale address that opened a position in PENDLE eight months ago, 0x97e...9D617, is suspected of liquidating and clearing 851,000 tokens one hour ago, resulting in an estimated loss of $1.958 million. The cost of opening a position in PENDLE for this address was $4.39, but the price has dropped to $2.09 at the time of this liquidation, resulting in a 52% loss of assets, despite having previously had a floating profit of $1.08 million.
2025-03-10 16:02:55
Data: A whale deposited 3.92 million USDC in Hyper liquid, increased its holdings of HYPE and opened a long position
According to SpotOnChain monitoring, a whale deposited 3.92 million USDC into Hyper liquid in the past 17 hours to buy more HYPE and open long positions. Currently, the whale holds 241,876 HYPE (about 3.53 million US dollars), with a floating loss of about 1.47 million US dollars; at the same time, it holds a long position of 320,333 HYPE at a price of 14.46 US dollars (3x leverage); in addition, there are 5080 HYPE pending purchase through two unfilled buy orders between 14.05 US dollars and 14.15 US dollars.
2025-03-10 16:02:53
Blockstream Lianchuang: The impact of the US Bitcoin strategic reserve is underestimated, providing an authoritative reference for institutional funds to enter the market
Adam Back, co-founder of Bitcoin infrastructure development company Blockstream, wrote in a post on X: "The impact of the U.S. Bitcoin Strategic Reserve Declaration has been underestimated, and it has profound significance for the social acceptance of Bitcoin. This declaration marks the actual promotion of Bitcoin development by the U.S. government, and provides a new authoritative reference for sovereign wealth funds, pension funds, and mutual funds to allocate Bitcoin."
2025-03-10 15:03:17
Data: Ethereum's nearly 20% plunge breaks the bull trend line since the Terra crash in 2022
TradingView data shows that the price of Ethereum plummeted by nearly 20% in the seven days ending on March 9, marking the largest weekly percentage drop since November 2022. This sell-off broke the bullish trend line that started from the low point after the collapse of the Terra algorithm stablecoin UST in June 2022, which led to losses of billions of dollars for investors.
2025-03-10 15:03:12
Manta Lianchuang: Market makers are the "blood-sucking parasites" who pay the least attention to fundamentals. Real liquidity should come from community trading.
Victor Ji, co-founder of Manta Network, criticized market makers in the cryptocurrency market on social media, calling them "blood-sucking parasites." He said that the team receives daily invitations to buy coins and acquisitions from so-called active market makers and OTC, but he believes that market makers "completely ignore the fundamentals of the project" and only profit from the project community.
2025-03-10 15:03:08
DeFi Technologies has increased its stake in Swiss licensed asset management company Neuronomics AG to 52.5%
Decentralized finance and digital asset company DeFi Technologies announced an increase in its stake in the Swiss licensed asset management company Neuronomics AG. It has now acquired a majority stake in the company, reaching 52.5% ownership. This transaction is also a capital increase for DeFi Technologies' acquisition of Neuronomics shares, the latter of which already holds an asset management license issued by the Swiss Financial Market Supervisory Authority (FINMA).
2025-03-10 15:03:06
Avalon Labs Secures Over $2 Billion Credit Line to Promote Institutional-Grade Bitcoin-Backed Lending
Avalon Labs announced that it has successfully obtained a minimum of $2 billion credit line, which is provided by a well-known Asian financial consortium. This marks an important milestone for institutional borrowing in the crypto industry. This historic breakthrough is not only an important milestone for the institutional development of DeFi, but also highlights the strategic position of Bitcoin in the global financial system.
2025-03-10 15:03:03
Crypto scammers using fake news articles and government figures to exploit trade war fears in Canada
Crypto scammers are taking advantage of trade war fears by using fake news articles and impersonating government figures, as reported by securities regulators in Alberta and New Brunswick, Canada. The Alberta Securities Commission issued an alert on March 7 regarding a scam called CanCap, which falsely claimed an endorsement from former Prime Minister Justin Trudeau through a fabricated news article from CBC. Similarly, the Financial and Consumer Services Commission of New Brunswick warned on March 5 about CanCap using a fake news article with a forged endorsement from Premier Susan Holt. These scammers are exploiting current events to prey on individuals' vulnerabilities and are using artificial intelligence to create fake endorsements and content to appear legitimate. The regulators highlighted the scammers' ability to quickly change the name and appearance of the scheme, with losses from crypto scams, hacks, and exploits reaching nearly $1.53 billion in February.
2025-03-10 15:03:01
Santiment: Large holders have re-accumulated nearly 5,000 Bitcoins in the past week, and the market performance may improve in the second half of the month
According to Santiment analysis, wallets holding more than 10 bitcoins have experienced several key turning points in the past 6 months. The slight selling from mid-February to early March intensified the recent decline in the crypto market. However, since March 3rd, these large wallets have re-accumulated nearly 5000 bitcoins, while retail investors are in a state of panic.
2025-03-10 15:02:58
The difficulty of Bitcoin mining increased by 1.43% to 112.15 T last night, close to the historical high
According to Cloverpool data, the Bitcoin mining difficulty adjustment occurred at block height 887,040 (Beijing time 03-09 23:58:46), with a difficulty increase of 1.43% to 112.15T, nearing the historical high point (114.17). Currently, the average network hash rate in the past seven days is 794.85EH/s, predicting the next difficulty adjustment to be at 114.16T.
2025-03-10 14:02:35
ECB President: EU plans to launch digital euro in October
According to Cointelegraph, European Central Bank President Lagarde stated that the EU plans to launch a digital euro in October. Earlier reports stated that the European Central Bank President said that without completing legislation, the digital euro cannot be advanced.
2025-03-10 14:02:33
Analyst: Dollar plunge boosts Bitcoin bull run, but other indicators are worrisome
RealVision crypto analyst Jamie Coutts said that a weak dollar could push Bitcoin higher, but there are two key indicators that may cause concerns in the short term. Despite the sharp drop in the dollar, my framework is becoming bullish, but two indicators are still causing alarm: the US Treasury bond volatility (MOVE index) and corporate bond spreads. Coutts describes Bitcoin as a game between central banks around the world, and despite these worrying indicators, the overall outlook remains cautiously bullish. The MOVE index is an indicator of expected volatility in the US Treasury bond market. Coutts noted that while the MOVE index is currently stable, it is trending upwards. An increase in bond volatility could lead to further liquidity tightening, and at the same time, corporate bond spreads have widened for three consecutive weeks. Reversals in significant corporate bond spreads typically coincide with Bitcoin price peaks. Coutts concludes that overall, these indicators present a negative signal for Bitcoin. However, the depreciation of the dollar - one of the largest monthly depreciations in the past 12 years - remains a key driver in my framework.
2025-03-10 14:02:31
JPMorgan Chase raised its year-end forecast for 10-year Japanese government bond yields to 1.7% from 1.55%.
JPMorgan Securities raised its year-end forecast for the yield on Japan's benchmark 10-year government bonds from 1.55% at the end of January to 1.7%, believing that US policies may bring various risks. It is predicted that the Bank of Japan will raise interest rates in June and December, but actions that the US may take could complicate the situation; if tariffs put pressure on global economic growth, it may hinder the Bank of Japan from raising rates, but if Japan is accused of letting the yen depreciate, it may hastily raise rates, fixed income research director Takashi Yamawaki and strategist Hiroki Yamamoto wrote in a report on March 10.
2025-03-10 14:02:30
Institution: The US market is still expected to grow, and mergers and acquisitions will surge simultaneously with IPOs
Cesar Ruiz, Chief Investment Officer of Pictet Group in Switzerland, believes that there will be both traps and opportunities in 2025. Many economists are concerned that the tariff policies promoted by the Trump administration will cause inflation, but Ruiz is confident in market growth. He believes that in the first half of the year, the uniqueness of the United States will remain strong, and the growth of the U.S. stock market will be sufficient to allow investors to achieve steady returns. Ruiz compares the new Treasury Secretary, Yellen, to Ben Bernanke, the former chairman of the Federal Reserve during the global financial crisis. Bernanke "was the best person for the job at the right time. Yellen is also the same." Ruiz expects that there will be large-scale consolidation among mid-sized financial companies in the United States, making it a good time to buy stocks of potential acquisition targets. With Trump cutting regulations, mergers and acquisitions will increase significantly alongside IPOs, providing good opportunities for investment banks or trading targets. (Jinshi)
2025-03-10 14:02:28
A whale released 70,000 SOL pledges after 13 days and deposited them into CEX, losing $1 million
According to OnchainLens monitoring, a whale staked 70,966 SOL (worth $8.95 million) and, 13 days later, unstaked and deposited the SOL into Coinbase, losing $1 million.
2025-03-10 14:02:26
Financial Times: Banks and financial institutions join the “stablecoin gold rush”
According to the Financial Times, global banks and fintech companies are competing to launch their own stablecoins to grab a share of the cross-border payment market that is expected to be reshaped by cryptocurrencies. Bank of America expressed an open attitude towards issuing its own stablecoin last month, joining the ranks of payment service providers such as Standard Chartered Bank, PayPal, Revolut, and Stripe that have already entered this field.
2025-03-10 14:02:24
Bitcoin Magazine CEO: The U.S. Department of Justice may sell Bitcoin against the president's wishes, causing recent pressure on Bitcoin prices
David Bailey, CEO of Bitcoin Magazine, posted on social media, "If the US Department of Justice continues to hastily liquidate the bitcoins held by the US government within three months of obtaining court approval (against the president's wishes), then the recent price trend of Bitcoin can be explained." This implies that government selling may be an important reason for the recent pressure on Bitcoin prices.
2025-03-10 13:02:50
Andre Cronje created a new project flyingtulip, positioning it as a high-leverage contract trading protocol
On March 10th, news came that Sonic (formerly Fantom) co-founder Andre Cronje (AC) has added the "flyingtulip founder" tag to his personal X profile. According to the project's official website, flyingtulip is positioned as a next-generation intelligent trading protocol that can support leverage trading of over 50 times. The protocol uses adaptive curve technology to automatically adjust between constant product and constant sum curves based on real-time market volatility, providing traders with better execution prices and bringing the best returns to liquidity providers.
2025-03-10 13:02:48
Scalar Capital co-founder Linda Xie joins Farcaster team to lead developer ecosystem
On March 10th, Scalar Capital co-founder Linda Xie announced on social media that she officially joined the decentralized social protocol Farcaster team, responsible for developer ecosystem development.
2025-03-10 13:02:46
US Housing Department Considers Using Blockchain and Stablecoins to Pay and Monitor Grants
The U.S. Department of Housing and Urban Development is considering using blockchain and stablecoin payments to monitor subsidies. The meeting also discussed the idea of experimenting with stablecoin payments to recipients of the Department of Housing and Urban Development, which may first be tested in one office of the department and then widely implemented in other offices.
2025-03-10 13:02:44