24/7 News Daily
Metaplanet — a Japanese firm following in Strategy’s footsteps by focusing on accumulating Bitcoin — issued 2 billion Japanese yen ($13.3 million) of bonds to buy more BTC. According to a March 31 filing, Metaplanet issued the zero-interest bonds by allocating them via its Evo Fund to fuel its Bitcoin purchases. Investors will be allowed…
A new semi-permissionless privacy tool, Privacy Pools, has launched on Ethereum, allowing users to transact privately while proving their funds aren’t linked to illicit activities. The privacy tool, launched by Ethereum builders 0xbow.io on March 31, earned support from the likes of Ethereum co-founder Vitalik Buterin, who not only backed the privacy project but made…
Ethereum’s native token, Ether (ETH) has lost almost half its value two months after Eric Trump, son of US President Donald Trump, told his 5.7 million followers that it was a “great time” to add the biggest altcoin to their portfolios. Source: X/Eric Trump President Trump spoils son’s bullish ETH outlook As of March 31,…
XRP (XRP) has lost more than 40% since hitting a multi-year high near $3.40 in January, and onchain data suggests the downtrend could deepen in the weeks ahead. “Denial” preceding past 75-90% XRP crashes is back XRP’s Net Unrealized Profit/Loss (NUPL) data from Glassnode suggests the token may be heading for another extended downturn. The…
On March 19, Ripple CEO Brad Garlinghouse announced that the company had been cleared by the US Securities and Exchange Commission regarding an alleged $1.3 billion unregistered securities offering. Following the news, XRP (XRP) surged to $2.59, but the gains gradually faded as the cryptocurrency experienced a 22% correction, dropping to $2.02 by March 31….
Venture capital funding continued to pour into the blockchain and cryptocurrency industry in March, even as market commentators sensationalized the end of the bull market amid Bitcoin’s 30% retracement. VC flows are considered a vital sign for the blockchain industry, with higher deal activity indicative of strong investor appetite and growing innovation in the space….
North Korean cyberwarfare attacks on the cryptocurrency industry are growing in sophistication and in the number of groups involved in such criminal activity, crypto firm Paradigm warns in report titled “Demystifying the North Korean Threat.” North Korea-originated cyberattacks range from assaults on exchanges and social engineering attempts to phishing attacks and complex supply chain hijacks,…
Hyperliquid is one of the current bull market’s standout DeFi success stories. With daily trading volumes having reached $4 billion, the exchange has become the largest decentralized (DEX) derivatives platform, commanding nearly 60% of the market. Hyperliquid still lags far behind Binance Futures’ $50 billion daily average volume, but the trend suggests that it has…
Two Republican candidates supported by at least a combined $1.5 million in media spending from a cryptocurrency-backed political action committee (PAC) are making final pleas to voters turning out for special elections in Florida congressional districts. On April 1, voters in Florida’s 1st and 6th congressional districts will head to the polls to decide whether…
Bitcoin (BTC) price dropped from $87,241 to $81,331 between March 28 and March 31, erasing gains from the previous 17 days. The 6.8% correction liquidated $230 million in bullish BTC futures positions and largely followed the declining momentum in the US stock market, as the S&P 500 futures fell to their lowest levels since March…