President Trump of the United States said that tariffs will be flexible because they are reciprocal.
President Trump of the United States said that tariffs will be flexible because they are reciprocal.
US Dollar Index DXY rose 23 points in the short term, now at 104.13.
Crypto investors celebrated a significant legal victory as the United States Securities and Exchange Commission overturned a long-standing battle against Ripple. Despite the positive news, industry experts believe that the markets had already factored in this outcome months before the official announcement. Ripple CEO Brad Garlinghouse confirmed that the SEC would drop its case against the blockchain developer, marking the end of a four-year legal battle. While the news may not have a significant impact on the market, some technical chart patterns suggest a potential 75% rally for XRP after the resolution of the lawsuit. The SEC's decision to drop the case is seen as a positive development for the market in the long term, signaling a shift towards a more crypto-friendly regulatory environment.
market shows that BTC has fallen below $84,000, currently at $83,984.85, with a 24-hour decline of 1.64%. The market fluctuates greatly, so please manage your risks.
Nabiullina, the head of the Central Bank of Russia, said that we believe that cryptocurrency is a volatile tool.
Goolsbee of the Federal Reserve said that the longer the Fed waits, the more likely it is that the rate cut will need to be postponed to later. Waiting may come at a cost. Economic slowdown will be the reason for the rate cut, but if inflation exceeds the tariff level or exceeds expectations, the Fed will have to adjust its outlook. (Jinshi)
according to official sources, Strategy (Nasdaq code: MSTR/STRK) announced that it has completed the pricing of 10.00% Series A perpetual preferred shares (stock code: $STRF). The company will issue 8.5 million shares, with a public offering price of $85.00 per share, increasing the offering size from the original plan of $500 million to $722.5 million.
It is reported that the offering is expected to be completed on March 25, 2025, with the company estimating net proceeds of approximately $711.2 million (after deducting underwriting discounts, commissions, and estimated offering expenses). Strategy stated that the funds raised will be used for general corporate purposes, including Bitcoin acquisitions and working capital.
with the recent wave of meme coin scams and macroeconomic uncertainty, the speculative enthusiasm in the crypto market is fading, and investors are turning to safer digital asset investments. According to Glassnode data, the "hot supply" indicator for Bitcoin (measuring Bitcoin held for a week or less) has dropped by over 50%, from 5.9% at the end of November to just 2.3% on March 20. Ryan Lee, Chief Analyst at Bitget Research, stated that the decline in this indicator indicates that investors are shifting towards safer investment positions amid recent market volatility.
Zoth, a real-world asset (RWA) re-staking protocol, experienced an exploit resulting in losses exceeding $8.4 million, prompting the platform to enter maintenance mode. The incident was flagged by blockchain security firm Cyvers on March 21, revealing that the deployer wallet of the protocol was compromised, leading to the withdrawal of over $8.4 million in crypto assets. The stolen assets were swiftly converted into the DAI stablecoin and transferred to a different address, as reported by Cyvers. Following the security breach, Zoth's website was put on maintenance mode, with the platform confirming the incident and working towards a resolution. The Zoth team collaborated with partners to mitigate the impact and assured the publication of a detailed report post-investigation. The attackers have since moved the funds and converted the assets into Ether (ETH), according to PeckShield. The hack is believed to have been caused by a leak in admin privileges, as stated by Cyvers Alerts senior SOC lead Hakan Unal, emphasizing the importance of implementing multisig contract upgrades and better key management in preventing such attacks in the decentralized finance (DeFi) ecosystem.
United States Agency for International Development (USAID) may use blockchain technology to track the flow of funds as part of a more transparent procurement process. This proposal was put forward by officials from the Trump administration, with the aim of reforming and rebranding the agency.