Bybit onfirmed it was behind a proposal requesting that decentralized finance (DeFi) protocol ParaSwap return fees earned from swaps conducted by the Lazarus Group using digital assets stolen from the exchange. On March 4, a proposal was posted on ParaSwap’s decentralized autonomous organization (DAO) forum asking to freeze and return 44.67 Wrapped Ether (wETH), worth … Read more
USD/CNH is consolidating near recent lows around 7.2600. China boosts fiscal spending. In line with consensus, China raised its 2025 fiscal deficit target to the highest in over three decades to around 4% of GDP vs. 3% of GDP in 2024 and left its 2025 GDP growth target unchanged at around 5%, BBH’s FX analysts … Read more
Altcoins have been defined as ‘anything not Bitcoin’, but some tokens have become ‘establishment’, with Dogecoin being the first altcoin on the list. The Dogecoin price came in for a lot of stick in February, but let us not forget how well it grew since November. The Dogecoin price trend is still up, but is … Read more
Animoca Brands reported $314 million in bookings for 2024, marking a 12% year-over-year increase. Bookings is a term commonly used in the gaming sector to represent the sum of revenue and deferred revenue. It includes all payments received and potential sales based on contracts not yet fulfilled. According to Animoca Brands, its Digital Asset Advisory … Read more
An anonymous cryptocurrency trader has accumulated almost $68 million in unrealized profit by shorting Ether amid its recent price decline. According to blockchain data from Hypurrscan, the trader opened a 50x leveraged short position when Ether (ETH) was trading at $3,176, on Feb. 1. As of 9:06 am UTC on March 5, the position had … Read more
Bitcoin has a 95% chance of staying above $69,000 forever, a classic BTC price forecasting tool says. In a post to X on March 4, network economist Timothy Peterson revealed a new floor level from the “Lowest Price Forward” metric. Peterson: $69,000 BTC price has 95% chance of holding Bitcoin (BTC) remains highly sensitive to … Read more
Cryptocurrency banking firm Sygnum is partnering with crypto derivatives exchange Deribit to provide its off-exchange custody platform, Sygnum Protect. On March 5, Sygnum officially announced the expansion of Sygnum Protect, its off-exchange custody platform, to include Deribit, one of the world’s largest derivatives exchanges in crypto. This new integration enables institutional Deribit traders to hold … Read more
Bitcoin (BTC) staged a sharp recovery, rebounding from a sell-off sparked by Trump’s announcement of 25% tariffs on US imports from Canada and Mexico. The downturn wiped out $460 billion from the total crypto market capitalization, triggering $985 million in liquidations and sending BTC plunging to $82,000. Despite the sharp sell-off, Bitcoin regained momentum, surging … Read more
Despite US President Donald Trump’s recent announcement of a strategic crypto reserve involving Bitcoin, Ethereum, Ripple, Solana and Cardano, central banks in both Switzerland and Australia have dismissed the idea of incorporating crypto into their official reserves. On 1 March 2025, Swiss National Bank (SNB) President Martin Schlegel rejected the proposal to hold part of … Read more
The Cardano price (ADA) has been moving up and down with the market, reacting to investor sentiment. However, more and more investors are now turning to DTX since it rewards a 33.5% APY on staking, much more than what the ADA offers. It’s a huge shift, with over 300,000 wallets having already migrated to DTX … Read more