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Your #1 destination for the latest and most unbiased market news on Bitcoin, Ethereum, NFT, Fintech, Web3, DeFi, and Blockchain.
🚀 U.S. Increases Tariffs On Canadian Steel And AluminumAccording to BlockBeats, U.S. President Donald Trump announced on March 11 that he has directed the Commerce Secretary to impose an additional 25% tariff on all steel and aluminum products from Canada. This move will raise the total tariff level to 50% and is set to take effect tomorrow morning.
#USTariffs #CanadianSteel #AluminumTariffs #DonaldTrump #CommerceSecretary
🚀 Cboe BZX Exchange Proposes Rule Change For Fidelity Ethereum FundAccording to PANews, the Cboe BZX Exchange, part of the Chicago Board Options Exchange Group, has submitted a proposed rule change to the U.S. Securities and Exchange Commission (SEC). The amendment seeks to modify regulations concerning the Fidelity Ethereum Fund. The shares of this trust have already been approved for listing and trading on the exchange under BZX Rule 14.11(e)(4). The proposed change aims to allow the staking of Ethereum held by the trust.
#CboeBZX #FidelityEthereumFund #SEC #Ethereum #staking #regulations #cryptocurrency #ETH
🚀 CoinDesk 20 Index Sees Significant GainsAccording to CoinDesk, the CoinDesk 20 Index experienced a notable increase, reaching 2525.03, marking a 3.6% rise, equivalent to an 87.07-point gain since 4 p.m. ET on Monday. This performance reflects a positive trend for the majority of the assets within the index.
Eighteen out of the twenty assets in the CoinDesk 20 Index are currently trading higher, showcasing a strong market performance. Among the leaders, APT has surged by 7.5%, while NEAR has increased by 6.7%, indicating robust growth in these assets. However, not all assets have followed this upward trajectory. BCH and AAVE have been identified as laggards, with BCH declining by 2.6% and AAVE by 2.0%.
The CoinDesk 20 Index is a comprehensive index that is traded across multiple platforms and regions worldwide. This broad-based index provides a snapshot of the market's performance, highlighting both the leaders and laggards within the cryptocurrency space. As the market continues to evolve, the CoinDesk 20 Index serves as a valuable tool for tracking the performance of key assets in the industry.
#CoinDesk20 #cryptocurrency #marketperformance #APT #NEAR #BCH #AAVE #index #trading #assets #growth #financialnews
🚀 Ethereum(ETH) Surpasses 1,900 USDT with a Narrowed 8.13% Decrease in 24 HoursOn Mar 11, 2025, 13:28 PM(UTC). According to Binance Market Data, Ethereum has crossed the 1,900 USDT benchmark and is now trading at 1,942.98999 USDT, with a narrowed narrowed 8.13% decrease in 24 hours.
#Ethereum #ETH #USDT #cryptocurrency #Binance #marketdata
🚀 U.S. Government's Bitcoin Reserve Strategy Highlighted in Executive OrderAccording to Foresight News, Bitwise Chief Investment Officer Matt Hougan recently tweeted about his review of a U.S. executive order concerning the establishment of Bitcoin and cryptocurrency reserves. Hougan noted that the order emphasizes mandatory measures for the government to purchase Bitcoin. It specifically instructs the Treasury Secretary and the Commerce Secretary to develop strategies for increasing government Bitcoin reserves. These strategies must be budget-neutral and should not impose additional burdens on U.S. taxpayers. Hougan expressed his belief that the effectiveness of the executive order is underestimated by many.
#Bitcoin #cryptocurrency #ExecutiveOrder #USTreasury #governmentreserves #Bitwise #MattHougan #taxpayers #budgetneutral #investmentstrategy #BTC
🚀 Ethereum Spot ETF Experiences Significant Net OutflowAccording to PANews, data from SoSoValue indicates that on March 10, 2025, Ethereum spot ETFs experienced a total net outflow of $37.527 million. On the same day, the Grayscale Ethereum Trust ETF (ETHE) saw a single-day net outflow of $4.8403 million, bringing its historical net outflow to $4.132 billion.
Additionally, the Grayscale Ethereum Mini Trust ETF recorded a single-day net outflow of $3.8781 million. Despite this, the Grayscale Ethereum Mini Trust has a historical total net inflow of $610 million.
As of the time of reporting, the total net asset value of Ethereum spot ETFs stands at $6.647 billion, with an ETF net asset ratio of 2.95% compared to Ethereum's total market capitalization. The historical cumulative net inflow has reached $2.661 billion.
#Ethereum #ETFEconomic #Grayscale #NetOutflow #CryptoMarket #InvestmentTrends #DigitalAssets #EthereumTrust #ETH
🚀 Michael Saylor Advocates For U.S. Bitcoin AcquisitionAccording to Foresight News, Michael Saylor has drawn parallels between significant historical territorial acquisitions by the United States and the strategic importance of purchasing Bitcoin. Saylor suggests that the U.S. should consider acquiring Bitcoin as part of its strategic initiatives.
#MichaelSaylor #Bitcoin #USAcquisition #StrategicInitiatives #ForesightNews #BTC
🚀 🔥 Binance Alpha Adds BMT 🔥According to the official announcement, Binance Alpha has added BMT.
#Binance #BinanceAlpha #BMT
🚀 Defiance ETFs Experience Record Trading Amid MSTR Share DeclineAccording to CoinDesk, Defiance's leveraged Strategy (MSTR) exchange-traded funds (ETFs) witnessed a significant increase in trading activity on Monday as the shares of the bitcoin-holding firm dropped to their 200-day average. A record 24.33 million shares of the Defiance daily target 2x long MSTR ETF, known by the ticker MSTX, were traded. The ETF's price fell by 32% to $17.90, marking its lowest point since September, as per TradingView data. This ETF aims to achieve 200% of the daily percentage change in the share price of Strategy, previously recognized as MicroStrategy.
In contrast, the Defiance daily target 2x short MSTR ETF (SMST) recorded a trading volume of 51.21 million, the highest since November 24. This ETF is designed to provide investment results that correspond to twice the inverse of the daily performance of Strategy's shares. However, the net inflow figures for both funds on Monday remain unavailable. MSTR's shares fell by 16.6% on Monday, reaching their 200-day simple moving average (SMA) and revisiting the late February low of $231.62. This decline occurred amid broader market concerns over a potential U.S. recession and the continued rise of the anti-risk Japanese yen. The share price has decreased by 55% since peaking at $543 on November 21.
Strategy holds the title of the world's largest public-listed bitcoin holder, with a substantial reserve of 499,096 BTC valued at $40.4 billion. The company began its bitcoin accumulation strategy in November, using it as a balance sheet asset and has aggressively pursued this strategy by funding purchases through debt sales. On Monday, Strategy announced a $21 billion at-the-market (ATM) offering of its Series A preferred stock (STRK), with the majority of the proceeds intended for new bitcoin acquisitions.
#DefianceETFs #MSTR #ETFs #MSTX #SMST #Bitcoin #MicroStrategy #TradingVolume #StockMarket #Investment #Recession #JapaneseYen #Crypto #BTC #DebtSales #PreferredStock
🚀 Economic Outlook: U.S. Recession Concerns May Be OverstatedAccording to BlockBeats, Steven Englander, the Global Head of G10 FX Research and North American Macro Strategy at Standard Chartered Bank, expressed on March 11 that concerns about a U.S. economic recession might be exaggerated despite the slowdown in economic growth. He anticipates that declining energy prices and improved weather conditions in the coming months could boost consumer spending, thereby supporting economic growth.
Englander forecasts that the Federal Reserve will cut interest rates twice this year. In contrast, the Bank of Japan is expected to raise rates twice due to stable inflation and wage growth, which could lead to the yen outperforming other major currencies.
The recent wave of U.S. tariff increases might elevate inflation, but the impact is expected to be manageable. Although tariffs could result in higher prices, their overall effect should remain within a controllable range. Englander also predicts that the U.S. government will employ fiscal policies to support economic growth, potentially strengthening the dollar in the latter half of the year.
#EconomicOutlook #USRecession #ConsumerSpending #FederalReserve #InterestRates #BankofJapan #Inflation #Tariffs #FiscalPolicies #DollarStrength
🚀 DeepSeek-R2 AI Model Set for March ReleaseAccording to PANews, DeepSeek's next-generation AI model, DeepSeek-R2, is scheduled for release on March 17. Sources indicate that DeepSeek-R2 has achieved breakthroughs in several key areas, including enhanced programming capabilities, multilingual reasoning, and improved accuracy at a lower cost. If these features are realized, the model could gain a significant advantage in the global AI competition. As of the time of reporting, there has been no official response from the company.
#DeepSeekR2 #AIModel #MarchRelease #ProgrammingCapabilities #MultilingualReasoning #ImprovedAccuracy #GlobalAICompetition
🚀 Goldman Sachs Lowers U.S. Economic Growth Forecast Amid Trade War ConcernsAccording to Odaily, concerns over U.S. President Donald Trump's trade policies have led to a significant reduction in the U.S. economic growth forecast. Goldman Sachs has revised its growth prediction for the U.S. economy this year to 1.7%, down from the previous estimate of 2.4%. This adjustment reflects growing apprehension on Wall Street regarding the Trump administration's approach, especially after Trump did not rule out the possibility of a U.S. economic recession. On Monday, U.S. stock markets experienced a sharp decline, with the tech-heavy Nasdaq index dropping by 3.9% and the S&P 500 index falling by 1.5%. Goldman Sachs also indicated that the U.S. currently faces a 20% risk of recession. Economists suggest that if the threat to the economy becomes more apparent, Trump may downplay the tariffs.
#GoldmanSachs #USEconomy #EconomicGrowth #TradeWar #TrumpPolicies #StockMarket #RecessionRisk #WallStreet
🚀 Bitcoin(BTC) Surpasses 81,000 USDT with a Narrowed 0.56% Decrease in 24 HoursOn Mar 11, 2025, 08:42 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 81,000 USDT benchmark and is now trading at 81,004.820313 USDT, with a narrowed narrowed 0.56% decrease in 24 hours.
#Bitcoin #BTC #USDT #cryptocurrency #marketdata #decrease
🚀 U.S. Market Sell-Off Raises Concerns Over Economic OutlookAccording to Odaily, AJBell investment analyst Dan Coatsworth has expressed concerns over the deteriorating state of the U.S. market sell-off. For some time, there have been worries about the overvaluation of the U.S. stock market, with many seeking a catalyst for a market correction. Concerns over trade wars, geopolitical tensions, and economic uncertainty may serve as such a catalyst.
U.S. President Donald Trump, once seen as a savior for the market with his promises of tax cuts and deregulation, is now perceived as a harbinger of doom. As people consider whether trade tariffs might backfire, leading to a recession rather than economic prosperity, the word 'recession' has resurfaced in discussions.
During Trump's first term, he frequently cited the rising stock market as a measure of his success. Therefore, he likely does not want to witness a complete market collapse just months into his second term.
#USMarket #EconomicOutlook #StockMarket #MarketSellOff #Recession #TradeWars #GeopoliticalTensions #MarketCorrection #DonaldTrump #TaxCuts #Deregulation
🚀 BNB Surpasses 550 USDT with a Narrowed 2.59% Decrease in 24 HoursOn Mar 11, 2025, 07:46 AM(UTC). According to Binance Market Data, BNB has crossed the 550 USDT benchmark and is now trading at 550 USDT, with a narrowed narrowed 2.59% decrease in 24 hours.
#BNB #USDT #Binance #Cryptocurrency #MarketData #Trading
🚀 Cantor Fitzgerald Partners With Copper And Anchorage Digital For Bitcoin FinancingAccording to Odaily, Copper and Anchorage Digital have been appointed as custodians for Cantor Fitzgerald's Bitcoin financing operations. This initiative is designed to offer institutional investors leverage trading services for their Bitcoin holdings. The initial funding for this venture is projected to be $2 billion.
#CantorFitzgerald #Copper #AnchorageDigital #Bitcoin #Financing #InstitutionalInvestors #LeverageTrading #Custodians #Investment #BTC
🚀 Ethereum's Holesky Testnet Achieves Finality After Pectra UpgradeAccording to CoinDesk, Ethereum's Holesky testnet has finally reached finality, marking a significant milestone nearly two weeks after the Pectra upgrade was implemented. This achievement occurred at Epoch 119,090 around 19:00 UTC, with more than two-thirds of validators actively participating in the network validation process. An epoch in blockchain terms refers to a specific period during which a set number of blocks are completed. Finality, which ensures transactions are locked irreversibly within two epochs or approximately 13 minutes, had been missing since February 24 due to a configuration bug in the client software, unrelated to the Pectra upgrade itself.
Efforts to restore the network over the past weeks have been successful, allowing for this recovery. Developers are now focused on stabilizing nodes and pruning outdated states to fully restore the testnet for further Pectra testing. Meanwhile, the Sepolia testnet, which is also running the Pectra upgrade, initially achieved finality but later encountered issues with empty blocks due to a flawed deposit contract. This vulnerability was exploited by an attacker who sent zero-token transfers, a problem that Ethereum developers have since resolved with the help of client teams.
The Pectra upgrade brings several key enhancements to the Ethereum network, including the ability to make gas payments using non-ETH tokens, account abstraction, and increased staking limits. These improvements are expected to enhance the network's functionality and efficiency, providing a more robust platform for developers and users alike. As the Ethereum community continues to work on these upgrades, the successful finality of the Holesky testnet represents a crucial step forward in the ongoing development and optimization of the Ethereum blockchain.
#Ethereum #Holesky #Testnet #Finality #Pectra #Blockchain #Validators #Epoch #Network #GasPayments #AccountAbstraction #Staking #Development #Optimization #ETH
🚀 CBOE Seeks Approval For Fidelity Ethereum ETF StakingAccording to Odaily, the Chicago Board Options Exchange (CBOE) has submitted an application to U.S. regulators seeking approval for Fidelity's Ethereum ETF to engage in staking activities.
#CBOE #Fidelity #Ethereum #ETF #Staking #Finance #Regulation #ETH
🚀 Senator Cynthia Lummis Teases Major Bitcoin DevelopmentsAccording to Odaily, U.S. Senator Cynthia Lummis, known for her pro-crypto stance and serving as the chair of the Senate Banking Subcommittee on Digital Assets, has released a video on the X platform hinting at significant upcoming developments in Bitcoin. The video, accompanied by the caption 'This time, I'm serious,' suggests that 'Big Things are Coming.'
#CynthiaLummis #Bitcoin #Crypto #DigitalAssets #BankingSubcommittee #MajorDevelopments #BTC
🚀 Jupiter's Revenue Surpasses HyperliquidX In 24 HoursAccording to Foresight News, data from DefiLlama indicates that Jupiter's revenue reached approximately $3.13 million within a 24-hour period, surpassing HyperliquidX, which generated around $2.2 million during the same timeframe.
#Jupiter #HyperliquidX #Revenue #DefiLlama #Crypto #Blockchain
🚀 Ethereum To Bitcoin Exchange Rate Hits Lowest Since 2020According to BlockBeats, the exchange rate between Ethereum (ETH) and Bitcoin (BTC) has experienced a significant decline. On March 11, the rate dropped to 0.02289, marking its lowest point since December 2020. The current rate is reported at 0.02328, reflecting a 24-hour decrease of 8.67%.
#Ethereum #Bitcoin #ExchangeRate #Crypto #MarketTrends #Blockchain #ETH #BTC
🚀 BMT Price Discrepancies Noted Across Different BlockchainsAccording to BlockBeats, on March 11, there are notable price differences for BMT across various blockchains. On the Solana blockchain, BMT is currently priced at $0.24, while on the BSC blockchain, it is reported at $0.146.
#BMT #Blockchain #PriceDiscrepancies #Solana #BSC
🚀 U.S. Retail Investors Seek Safer Investments Amid Market VolatilityAccording to PANews, U.S. retail investors are increasingly anxious about the stock market's downturn, prompting them to seek more investment advice and question whether to buy the dip or find safer havens. Joe Mazzola, Chief Strategist for Trading and Derivatives at Charles Schwab, noted a decline in dip-buying, indicating a shift in investor behavior. Since mid-February, the company observed a growing risk aversion among retail clients, with larger portfolio holders becoming net sellers.
Data from the Investment Company Institute reveals that cash levels in money market funds are at an all-time high, with assets reaching record levels. Analysts from Crane Data, which tracks market flows, reported a steady increase in cash levels last week, hitting a new record of $7.3 trillion, compared to approximately $7.17 trillion at the beginning of 2025.
#US #RetailInvestors #MarketVolatility #Investments #RiskAversion #StockMarket #MoneyMarketFunds #InvestmentAdvice
🚀 Investors Await U.S. Inflation Report Amid Market SpeculationAccording to Odaily, the first inflation report under U.S. President Donald Trump's administration is set to be released soon. Investors are closely monitoring the report for signs of cooling inflation to assess changes in market risk appetite. Market analysts suggest that if the inflation data falls below expectations, the Federal Reserve might accelerate interest rate cuts, potentially boosting risk assets such as U.S. stocks and cryptocurrencies. Conversely, if inflation remains high, the Federal Reserve may maintain its tight monetary policy, putting pressure on the markets. The performance of Bitcoin and other high-risk assets could be influenced by the findings of this report.
#Investors #InflationReport #MarketSpeculation #USEconomy #FederalReserve #InterestRates #RiskAssets #Bitcoin #Cryptocurrencies
🚀 CleanSpark Joins S&P SmallCap 600 IndexAccording to CoinDesk, Bitcoin miner CleanSpark is set to join the S&P SmallCap 600 index before the market opens on March 24. This marks CleanSpark as the second crypto miner to be included in the index, following Marathon Digital's addition last year. The S&P SmallCap 600 index evaluates the performance of smaller publicly traded U.S. companies that meet specific financial criteria, including profitability. To qualify for inclusion, a company's market capitalization must exceed $1 billion.
CleanSpark's current market capitalization is $2.24 billion, despite experiencing a 13.3% decline this year, as reported by Google Finance. Being added to the index could attract more attention from institutional investors who follow or invest in funds linked to the S&P SmallCap 600. Companies listed in the index often benefit from increased trading volume and improved liquidity, making their shares more accessible to a wider range of investors.
Zach Bradford, CEO of CleanSpark, stated that the inclusion enhances the company's visibility within the investment community. He emphasized the opportunity to showcase the value of CleanSpark as a pure play, vertically integrated Bitcoin mining company, and to make exposure to their model more widely available. CleanSpark operates Bitcoin mining facilities across the United States, with a focus on energy efficiency and cost-effective power sources. Over the past year, the company has expanded its operations through the acquisition of GRIID Infrastructure.
CoinDesk attempted to contact CleanSpark for further comments but had not received a response by the time of publication.
#CleanSpark #SPSmallCap600 #BitcoinMining #MarathonDigital #MarketCapitalization #InstitutionalInvestors #TradingVolume #Liquidity #EnergyEfficiency #GRIIDInfrastructure
🚀 🔥 BTC/USDT,ETH/USDT and SOL/USDT Lead Binance USD-M Perpetual Futures Market in Trading Volume Over the Past 24 Hours 🔥According to Binance Futures data, over the past 24 hours, the BTC/USDT, ETH/USDT, SOL/USDT, XRP/USDT, and RARE/USDT trading pairs led the USD-M perpetual futures market in trading volume. BTC/USDT perpetual futures long/short ratio: 2.92, funding rate: 0.0019%.ETH/USDT perpetual futures long/short ratio: 5.09 , funding rate: 0.0001%.SOL/USDT perpetual futures long/short ratio: 1.75, funding rate: 0.0067%.XRP/USDT perpetual futures long/short ratio: 3.66, funding rate: -0.0087%.RARE/USDT perpetual futures long/short ratio: 0.58, funding rate: -2.0000%.
#BTC #ETH #SOL #XRP #RARE #USDT #Binance #Futures #TradingVolume #PerpetualFutures
🚀 BNB Surpasses 560 USDT with a 0.08% Increase in 24 HoursOn Mar 11, 2025, 08:49 AM(UTC). According to Binance Market Data, BNB has crossed the 560 USDT benchmark and is now trading at 560.76001 USDT, with a narrowed 0.08% increase in 24 hours.
#BNB #USDT #Binance #Cryptocurrency #MarketData #PriceIncrease
🚀 Market Concerns Over Debt Ceiling Amid Economic Growth FearsAccording to Odaily, following a sharp decline in U.S. stock markets, Jamie Cox, managing partner at Harris Financial Group, commented on the situation. Cox stated that the primary concern for the market is the debt ceiling, which is manifesting as panic over economic growth. He noted the irony in the current negative sentiment, suggesting that the market could rebound with any positive indication, such as avoiding a government shutdown or ending conflicts like trade wars. Cox believes the market is at a turning point in its downward trend.
#DebtCeiling #EconomicGrowth #StockMarket #GovernmentShutdown #TradeWars #MarketPanic #Rebound #TurningPoint
🚀 🔥 CMC Altcoin Season Index Stands at 17, Reflecting a Weakening Altcoin Trend 🔥According to CoinMarketCap (CMC) data, the CMC Altcoin Season Index currently stands at 15. The index measures market performance by analyzing the top 100 cryptocurrencies by market capitalization to determine whether the market is shifting towards altcoins or Bitcoin dominance. Over the past 90 days, 15 of these altcoins have outperformed Bitcoin in terms of price growth, signalling a weakening altcoin trend.
#CMC #AltcoinSeason #Cryptocurrency #Bitcoin #MarketTrends #PriceGrowth
🚀 U.S. Labor And Real Estate Markets Show Stability, Says Russell Investments StrategistAccording to BlockBeats, on March 11, BeiChen Lin, a senior investment strategist at Russell Investments, stated in a report that the U.S. labor and real estate markets do not appear to be overheating. Lin noted that over time, this combination should help moderate inflation, although the progress in combating inflation may still be somewhat uneven. Despite recent surveys indicating increased consumer concerns about inflation, it is encouraging that the 5Y5Y inflation expectations, a market-based mid-term inflation measure, remain close to 2%.
A survey conducted by the Wall Street Journal among analysts suggests that before the release of February's Consumer Price Index (CPI) data on Wednesday, it is expected that both the overall and core readings will show a slowdown.
#LaborMarket #RealEstateMarket #Inflation #InvestmentStrategies #EconomicStability #ConsumerPriceIndex #WallStreetJournal