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Quick Take As of today, CME Group offers the new contracts in two sizes: a micro-sized contract covering 25 SOL and a larger contract covering 500 SOL. At least 13 Solana-based exchange-traded products are awaiting SEC approval.
Quick Take Standard Chartered has cut its 2025 price target for ether to $4,000, pointing to factors like Base’s growing market share. “We estimate that Base (the dominant layer 2) has removed $50 billion of market cap from Ethereum alone,” said Standard Chartered’s Geoffrey Kendrick.
Quick Take Strategy has purchased another 130 BTC for approximately $10.7 million in cash at an average price of $82,981 per bitcoin. The latest acquisitions were made using proceeds from the sale of its perpetual strike preferred stock, STRK.
XRP has successfully tested the support at the $2.30 price level and now eyes the 20-day EMA. The cryptocurrency has broken out of a multi-year symmetrical triangle with a $15 price target. Lawyer Jeremy Hogan said that a private settlement between the SEC and Ripple would be the quickest resolution.
Donald Trump’s World Liberty Financial spent another 100K USDC to buy 541,242 SEI at $0.185. As of March 16, 2025, SEI managed to reclaim and hold this resistance level on the daily chart. SEI temporarily surpassed Cardano in TVL.
Historically, stablecoin supply peaks align with cycle highs. Short-term BTC holders (1-3 months) have dumped $100B in realized losses since February—selling at a loss and adding pressure to the market. Search traffic for “how to buy crypto” is back at the bear market levels.
- 02:41Analyst: Macro-economic concerns and deteriorating liquidity conditions may improve next quarter, Bitcoin prices could bottom out within a few weeksIndustry analyst David Duong stated that the market almost universally expects the Federal Reserve to maintain interest rates at this week's Federal Open Market Committee meeting, but investors should pay attention to any potential changes in the Fed's balance sheet reduction (i.e., quantitative tightening, QT) plan. He wrote in a report on Monday: "We believe that the Fed may pause or end its quantitative tightening program because bank reserve levels are close to 10-11% of US GDP, a level generally considered sufficient for financial stability." He said recent cryptocurrency sell-offs were mainly due to macroeconomic concerns and worsening liquidity conditions, but these factors could improve next quarter, providing support for asset prices. "Cryptocurrency prices may bottom out in the coming weeks and then rebound to new highs later this year," he concluded.
- 02:40PancakeSwap 2021 OG player suspected of clearing out 1.475 million CAKE tokensAccording to on-chain analyst @ai_9684xtpa, a PancakeSwap OG player is suspected of clearing out 1.475 million CAKE tokens 15 hours ago, valued at $3.79 million. This is the first time this smart money has deposited CAKE into an exchange. In addition, they have previously profited $19.69 million from buying low and selling high WBTC, with costs as low as $26,395.
- 02:39Market News: Trump will sign an executive order at 3:30 PM Eastern Time on TuesdayMarket News: Trump will sign an executive order at 3:30 PM Eastern Time on Tuesday.