Taiwan Weighted Index crashed 9.7% (2,065.87 points) to 19,232.35 on Monday, April 7th, triggering a circuit breaker. This is the largest single-day drop ever, surpassing the 8.57% decline on August 5, 2024 (previous record: 1,854.59 points).
#crypto #blockchain #news
Whale sold 432 WBTC ($33.27M) at $77,030 each to repay a loan during the market downturn, according to Onchain Lens. The whale still holds 100.28 WBTC ($7.7M) on Aave V3.
#crypto #blockchain #news #BTC #Bitcoin
Hong Kong approves staking for licensed crypto platforms! The SFC's new guidelines let platforms offer staking services, including for spot virtual asset ETFs. Safeguards are in place to protect investors and manage liquidity. More virtual assets now qualify for retail trading.
#crypto #blockchain #news
Whale "traderpow" Sells 300,000 TRUMP Tokens at a Loss of Over $14 Million
Lookonchain reports that the whale known as "traderpow" sold 309,514 TRUMP tokens approximately 11 hours ago for $2.63 million.
The total loss from this transaction amounts to $14.06 million.
#crypto #blockchain #news
Binance will suspend Syscoin (SYS) deposits/withdrawals on April 8, 2025, at 07:30 (UTC+8) for a network upgrade & hard fork at block 2,010,345. Expected completion: 08:30 (UTC+8). #Syscoin #Binance
#crypto #blockchain #news
Crypto market plunges!📉 Market cap down 8.18% amid "reciprocal tariff" fears. ETH crashed 11.71%, below $1600. BTC dipped 5.11%, briefly under $78K. Layer1, Layer2, DeFi & Meme sectors hit hard. SOL, ADA, UNI down >10%. #crypto #bitcoin #ethereum
#blockchain #news #BTC
Nibiru Chain V2 is coming! 🚀 Integrating the Ethereum Virtual Machine (EVM) & new DeFi apps to boost yields across the ecosystem. Nibiru EVM offers fast transaction speeds (under 2 seconds!) & parallel execution for Web3. #DeFi #EVM #Nibiru
#crypto #blockchain #news
Bitcoin spot ETFs saw $173M in net outflows last week, per SoSoValue. GBTC led with $95.48M out, totaling $22.62B. WisdomTree's BTCW also saw $44.53M outflows. Grayscale's mini Bitcoin Trust (BTC) gained $34.28M. Total net assets: $94.45B, 5.65% of Bitcoin's market cap.
#crypto #blockchain #news #BTC #Bitcoin
Ethereum spot ETFs saw $49.93M in net outflows for the 6th straight week (3/31-4/4), per SoSoValue. Grayscale's ETHE led outflows (-$31.08M), followed by BlackRock's ETHA (-$20.17M). Fidelity's FETH saw inflows of $6.42M.
#crypto #blockchain #news
Bill Ackman alleges Commerce Secretary nominee Howard Lutnick has a conflict of interest. Ackman claims Lutnick's firm holds large positions in US Treasury bonds, potentially influencing policy decisions for financial gain and making him "indifferent" to downturns. #politics #conflictsofinterest
#crypto #blockchain #news
Goldman Sachs sees potential for BIG Fed rate cuts in 2025 if recession hits! 📉 They predict up to 200bp cuts next year if the US economy falters. Base case (no recession): 3 cuts of 25bp each. But recession = more aggressive easing. #Fed #RateCuts #Recession #Economy
#crypto #blockchain #news
OpenAI is testing watermarks on images generated by free ChatGPT-4o (ImageGen) users, per BleepingComputer. High-quality image generation, like Studio Ghibli styles, is available to all. ChatGPT Plus subscribers may not see watermarks. An ImageGen API is also in development for developers.
#crypto #blockchain #news
Binance is ending support for FLM (Neo Legacy Network) & LTO (BNB Smart Chain) deposits/withdrawals on April 14, 2025, at 11:00 AM (UTC+8). Deposits after this time WON'T be credited & may be lost! ⚠️
#crypto #blockchain #news
Market turmoil: Nikkei 225 down 8.4%, South Korea halts trading. A whale's $105M ETH liquidation triggered further downturn. US federal agencies must report crypto holdings to Treasury Secretary by April 7th, but public disclosure is uncertain.
#crypto #blockchain #news
Dorsey is urging developers to focus on creating simple, secure, and private payment solutions to ensure Bitcoin fulfills its intended purpose.
#crypto #blockchain #news #BTC #Bitcoin
Goldman Sachs cuts US growth forecast & raises recession odds. 📉 GDP growth for Q4 2025 now at 0.5%. Recession probability in next 12 months jumps from 35% to 45% due to tighter financial conditions & policy uncertainty. Expects weaker capital expenditures. #economy #recession #goldmansachs
#crypto #blockchain #news
According to Onchain Lens, a significant whale has staked 71,318 SOL tokens, valued at approximately $7.63 million, amidst recent market fluctuations. This brings the whale's total staked holdings to 90,271 SOL, with an approximate market value of $9.64 million.
#crypto #blockchain #news
Ouch! 😬 Address liquidated after WETH dipped below $1700. They deposited 9,370 WETH to borrow $12.8M USDT but lost 4,480 WETH (~$7.26M) in the process. 📉 #DeFi #liquidation
#crypto #blockchain #news
"Whale "7 Siblings" bought 24,817 ETH ($42.2M) at $1,700 per ETH. Since Feb 3rd, they've spent $229.7M on 103,543 ETH (avg price $2,219). Currently facing ~$64M in unrealized losses. "7 Siblings" holds 1.21M+ ETH across two wallets, valued at ~$1.93B! #ETH #crypto"
#blockchain #news
Fund shorts 2x leveraged Strategy (formerly MicroStrategy) ETFs (long & short) to profit from volatility decay. Leveraged ETFs erode value over time due to market swings, and this fund aims to capitalize on that.
#crypto #blockchain #news