News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
The US Bitcoin ETF had a net inflow of 274.59 million dollars yesterday
According to Trader T's monitoring, the net inflow of the US spot Bitcoin ETF was $274.59 million yesterday.
According to Trader T's monitoring, the net inflow of the US spot Bitcoin ETF was $274.59 million yesterday.
"After liquidating all long positions on Hyperliquid with 50 times leverage, additional short positions are taken on BTC"
According to Ember Monitoring, "Hyperliquid's 50x Whale" has repositioned into BTC short positions after closing MELANIA and HYPE long positions with minor losses. Currently, it is shorting 6210 BTC with a 40x leverage. In total, it has transferred 16.75 million USDC into Hyperliquid as margin, which also represents all the funds in its address.
According to Ember Monitoring, "Hyperliquid's 50x Whale" has repositioned into BTC short positions after closing MELANIA and HYPE long positions with minor losses. Currently, it is shorting 6210 BTC with a 40x leverage. In total, it has transferred 16.75 million USDC into Hyperliquid as margin, which also represents all the funds in its address.
Tether increases its stake in Bitcoin mining company Bitdeer
According to documents submitted to the U.S. Securities and Exchange Commission, stablecoin issuer Tether has increased its holdings in Bitcoin mining company Bitdeer (BTDR). The documents show that Tether and its subsidiaries, Tether International, SA de CV and Tether Investments, SA de CV currently hold a total of 31,891,689 Class A common shares in Bitdeer, representing 21.4% of the company's issued shares. Tether is known for its stablecoin USDT. However, the company has been investing in Bitcoin mining, energy and artificial intelligence infrastructure over the past few years. Meanwhile, Bitdeer has been seeking vertical integration from silicon to energy for its Bitcoin mining business. Bitdeeer recently announced test results for its SEALMINER A3 chip; it performed below 10 J/TH in laboratory tests.
According to documents submitted to the U.S. Securities and Exchange Commission, stablecoin issuer Tether has increased its holdings in Bitcoin mining company Bitdeer (BTDR). The documents show that Tether and its subsidiaries, Tether International, SA de CV and Tether Investments, SA de CV currently hold a total of 31,891,689 Class A common shares in Bitdeer, representing 21.4% of the company's issued shares. Tether is known for its stablecoin USDT. However, the company has been investing in Bitcoin mining, energy and artificial intelligence infrastructure over the past few years. Meanwhile, Bitdeer has been seeking vertical integration from silicon to energy for its Bitcoin mining business. Bitdeeer recently announced test results for its SEALMINER A3 chip; it performed below 10 J/TH in laboratory tests.
The proposal by Cronos to recover 70 billion destroyed CRO has been approved by voting, but the voting process has been questioned by the community
News on March 18th, voting data on Mintscan shows that Cronos's proposal to restore the destroyed 70 billion CRO tokens was approved with a support rate of 62.18%. The proposal suggests restoring the 70 billion CRO tokens destroyed in 2021 to establish Cronos strategic reserves and will update network parameters and token allocation in the Cronos POS V5 upgrade.
In addition, according to Un Chained reports, before March 16th, there were slightly more votes for than against this proposal but it had not yet reached the required legal number of people at 33.4%. Just before voting ended, an additional 33.5 billion CRO tokens were added to those in favor category reaching the legal number of voters and far exceeding the highest voting rate.
Sources say that problematic votes came from a large validator operated by one CEX (including Starship, Falcon Heavy, Electron, Antares and Minotaur IV), which controls between 70-80% of total voting rights. One token holder spoke about final results on Telegram saying "They voted almost at last minute. Now they have created a precedent that other projects can follow."
News on March 18th, voting data on Mintscan shows that Cronos's proposal to restore the destroyed 70 billion CRO tokens was approved with a support rate of 62.18%. The proposal suggests restoring the 70 billion CRO tokens destroyed in 2021 to establish Cronos strategic reserves and will update network parameters and token allocation in the Cronos POS V5 upgrade.
In addition, according to Un Chained reports, before March 16th, there were slightly more votes for than against this proposal but it had not yet reached the required legal number of people at 33.4%. Just before voting ended, an additional 33.5 billion CRO tokens were added to those in favor category reaching the legal number of voters and far exceeding the highest voting rate.
Sources say that problematic votes came from a large validator operated by one CEX (including Starship, Falcon Heavy, Electron, Antares and Minotaur IV), which controls between 70-80% of total voting rights. One token holder spoke about final results on Telegram saying "They voted almost at last minute. Now they have created a precedent that other projects can follow."
Survey: Only 10% of American voters hope for the Trump administration to increase federal funding support for cryptocurrency and blockchain development
According to a survey by Data for Progress, only 10% of American voters want the Trump administration to increase federal funding for cryptocurrency and blockchain development.
In contrast, many people prioritize social security (65%), health insurance (64%), and infrastructure construction (64%).
President Trump ordered the creation of a cryptocurrency strategic reserve funded by confiscated bitcoins, which sparked widespread discussion. Although 51% of voters oppose the establishment of this reserve, there are differences in opinions between different parties.
The survey also showed that voter enthusiasm for increasing federal government funding for artificial intelligence research is not high, with only 20% supporting an increase. Meanwhile, projects supported by Democrats such as public education and health insurance received strong support.
According to a survey by Data for Progress, only 10% of American voters want the Trump administration to increase federal funding for cryptocurrency and blockchain development.
In contrast, many people prioritize social security (65%), health insurance (64%), and infrastructure construction (64%).
President Trump ordered the creation of a cryptocurrency strategic reserve funded by confiscated bitcoins, which sparked widespread discussion. Although 51% of voters oppose the establishment of this reserve, there are differences in opinions between different parties.
The survey also showed that voter enthusiasm for increasing federal government funding for artificial intelligence research is not high, with only 20% supporting an increase. Meanwhile, projects supported by Democrats such as public education and health insurance received strong support.
Polls show that only 10% of voters support federal spending on cryptocurrency, the White House clarifies the source of strategic reserve funds
According to the latest poll by Data for Progress, only 10% of American voters support the Trump administration's increase in federal funding for cryptocurrency and blockchain development. In contrast, 65% of respondents prefer to increase social security spending, and 64% favor increasing the health insurance budget.
At the time of the poll's release, Trump signed an executive order on March 6th to establish a Bitcoin strategic reserve. The White House later clarified that this reserve fund will come from Bitcoins confiscated by the government, i.e., proceeds from criminal or civil asset forfeiture rather than taxpayer funds.
The data shows that 45% of respondents hope to reduce federal cryptocurrency expenditures, while 29% believe they should maintain their current status and 17% have no clear opinion. Additionally, only 20% of voters support increasing AI research and development funds.
On the issue of establishing a Bitcoin strategic reserve, 51% of voters oppose it. By party affiliation, both Democrats (59%) and Independents (56%) are opposed while Republicans show more support at (41%).
Despite Republican efforts to promote cryptocurrency policy before the presidential election in 2024 , polling results indicate that overall voters tend to support projects advocated by Democrats such as social security benefits , health insurance , public education etc.
According to the latest poll by Data for Progress, only 10% of American voters support the Trump administration's increase in federal funding for cryptocurrency and blockchain development. In contrast, 65% of respondents prefer to increase social security spending, and 64% favor increasing the health insurance budget.
At the time of the poll's release, Trump signed an executive order on March 6th to establish a Bitcoin strategic reserve. The White House later clarified that this reserve fund will come from Bitcoins confiscated by the government, i.e., proceeds from criminal or civil asset forfeiture rather than taxpayer funds.
The data shows that 45% of respondents hope to reduce federal cryptocurrency expenditures, while 29% believe they should maintain their current status and 17% have no clear opinion. Additionally, only 20% of voters support increasing AI research and development funds.
On the issue of establishing a Bitcoin strategic reserve, 51% of voters oppose it. By party affiliation, both Democrats (59%) and Independents (56%) are opposed while Republicans show more support at (41%).
Despite Republican efforts to promote cryptocurrency policy before the presidential election in 2024 , polling results indicate that overall voters tend to support projects advocated by Democrats such as social security benefits , health insurance , public education etc.
Hyperliquid's 50x leveraged whale is once again going all-in shorting BTC, with a position as high as $520 million
According to Odaily Planet Daily, based on the residual ash monitoring, Hyperliquid 50x leverage whale has now fully shorted BTC and this position is its largest in history with a total value of up to 520 million.
Shorting 6210 BTC (worth $520 million) at a 40x leverage, cost price $83,898, liquidation price $85,561.
For this reason, he transferred 16.75 million USDC into his Hyperliquid account as margin. This is all the funds in his address (including several millions of principal + over ten million USDC profit from nearly a month).
Previously, he had cleared about 500 BTC short orders through TWAP strategy and then stopped operating. At the same time, his small long positions in MELANIA and HYPE have been completely closed out with slight losses. Subsequently, he added more BTC short orders again.
According to Odaily Planet Daily, based on the residual ash monitoring, Hyperliquid 50x leverage whale has now fully shorted BTC and this position is its largest in history with a total value of up to 520 million.
Shorting 6210 BTC (worth $520 million) at a 40x leverage, cost price $83,898, liquidation price $85,561.
For this reason, he transferred 16.75 million USDC into his Hyperliquid account as margin. This is all the funds in his address (including several millions of principal + over ten million USDC profit from nearly a month).
Previously, he had cleared about 500 BTC short orders through TWAP strategy and then stopped operating. At the same time, his small long positions in MELANIA and HYPE have been completely closed out with slight losses. Subsequently, he added more BTC short orders again.
"On Hyperliquid, the 50x giant whale" BTC short position has turned into a floating loss, with an estimated liquidation price of $85,565
News on March 18, according to hypurrscan data, the "50x Leverage Whale" previously opened a 40x BTC short position on Hyperliquid when Bitcoin was at $83,923.2. With a slight rebound in Bitcoin and the addition of leveraged funding costs, this position is currently at a floating loss with an estimated liquidation price of $85,565. Previously, a "whale hunting operation" targeting the Hyperliquid 50x leverage whale had begun and Justin Sun may have joined.
News on March 18, according to hypurrscan data, the "50x Leverage Whale" previously opened a 40x BTC short position on Hyperliquid when Bitcoin was at $83,923.2. With a slight rebound in Bitcoin and the addition of leveraged funding costs, this position is currently at a floating loss with an estimated liquidation price of $85,565. Previously, a "whale hunting operation" targeting the Hyperliquid 50x leverage whale had begun and Justin Sun may have joined.
Aptos launches LFM program to assist ecological projects in preparing for TGE
According to official news, Aptos has announced the launch of the LFM program to assist ecological projects in preparing for Token Generation Events (TGEs), providing customized deep support based on the project's preparation for TGE. The expert network covers multiple areas including community building, listing on trading platforms, financing, legal issues, and security.
According to official news, Aptos has announced the launch of the LFM program to assist ecological projects in preparing for Token Generation Events (TGEs), providing customized deep support based on the project's preparation for TGE. The expert network covers multiple areas including community building, listing on trading platforms, financing, legal issues, and security.
Dragonfly Managing Partner: Missing out on Solana's seed round investment in 2018 was the worst investment mistake in history
Dragonfly managing partner Haseeb Qureshi posted on platform X, saying: "I missed Solana's seed round investment at a price of $0.04 in early 2018, which is equivalent to a return of 3250 times at the current price. Solana was one of the first projects I came into contact with as a junior venture capitalist, and I wrote memos for every deal I missed. Now re-reading this memo is simply the peak embarrassment of being a junior venture capitalist. At that time we were obsessed with 'Ethereum killers', consensus protocols, and what would replace EVM/eWASM. So here it is - the unedited version (i.e., his written memo) - the worst investment mistake ever made."
Dragonfly managing partner Haseeb Qureshi posted on platform X, saying: "I missed Solana's seed round investment at a price of $0.04 in early 2018, which is equivalent to a return of 3250 times at the current price. Solana was one of the first projects I came into contact with as a junior venture capitalist, and I wrote memos for every deal I missed. Now re-reading this memo is simply the peak embarrassment of being a junior venture capitalist. At that time we were obsessed with 'Ethereum killers', consensus protocols, and what would replace EVM/eWASM. So here it is - the unedited version (i.e., his written memo) - the worst investment mistake ever made."