24/7 Blockchain industry dynamics and breaking crypto news
On-chain data reveals growing profit-taking pressure as Bitcoin nears a key resistance around $76,800. The surge in large transactions indicates rising selling pressure, potentially triggering a pullback if the resistance holds, with support near $67,600.
Read MoreSenator Elizabeth Warren has formally questioned Elon Musk about X's planned 'X Money' payment service. The inquiry focuses on stablecoin issuance, user fund safeguards, and banking partnerships, citing potential risks to the financial system.
Read MoreOn-chain analysis reveals Hyperliquid's largest bull trader has fully exited all long positions, securing profits. The whale accumulated nearly $400M in longs during Feb-Mar and closed them following the recent market rebound, locking in substantial gains on ETH and BTC.
Read MoreFlorida and Massachusetts have recovered approximately $5.4 million from a cryptocurrency investment scam that originated as a romance scheme. $2 million has been returned to victims, with remaining funds allocated for ongoing anti-fraud efforts. A single victim lost over $450,000.
Read MoreA US Navy destroyer intercepted an Iranian cargo vessel attempting to bypass a US maritime blockade in the Strait of Hormuz, forcing it to return. Since the blockade began, ten ships have been ordered to turn back, with none successfully breaching the security perimeter. The incident highlights escalating tensions in this vital waterway.
Read MoreOvernight developments spotlighted Middle East diplomacy and market movements. The S&P 500 hit a record high, while negotiations involving Iran, the US, and Lebanon remain in focus with uncertain outcomes. AI sector funding highlights continued tech investment interest.
Read MoreA Google-associated data center entity is seeking to raise $57 billion via a high-yield bond sale, marking the largest deal of its kind to fund the booming AI infrastructure build-out. Morgan Stanley is leading the offering, with pricing expected imminently.
Read MoreA new Nature study finds that large language models (LLMs) can transmit their own unexplained preferences—like a bias for owls—to smaller models during knowledge distillation. These hidden biases persist even after removing original features from training data, highlighting the need for stricter safety checks in AI development.
Read MorePresident Trump indicates a 'very good' chance of reaching an agreement with Iran before King Charles III's US visit in late April. This signals a potential diplomatic breakthrough amid longstanding tensions.
Read MoreOn-chain analysis indicates Bitcoin faces significant profit-taking pressure near key resistance. Exchange inflows surge to multi-month highs as whale activity intensifies, raising short-term correction risks. The market now eyes crucial support levels.
Read MoreMarket data indicates a 98.4% probability the Fed will hold rates steady in April. Attention shifts to the June meeting for clearer policy signals. Economic indicators and inflation trends remain key decision factors.
Read MoreTether has backed a $134 million private placement by Stablecoin Development Corporation (SDEV). The funds will primarily increase SDEV's holdings of SKY tokens, aiming to advance stablecoin and DeFi adoption in real-world applications by improving usability and infrastructure.
Read MoreWall Street firm Cantor Fitzgerald donated $10 million to crypto-focused political committee Fellowship PAC, which has over $100 million in pledged funds to support pro-digital asset candidates. This signals intensified political efforts by the crypto industry in Washington to shape favorable regulations.
Read MoreOn-chain tokenized traditional asset markets have surged past $2 billion in open interest, growing nearly sixfold this year. The shift is driven by demand for 24/7 trading of stocks and commodities, marking a significant evolution beyond crypto.
Read MoreIran's Parliament Speaker attributed Lebanon's ceasefire to Hezbollah's resistance and unity within the 'Axis of Resistance.' He urged the US to adhere to agreements and reassess its pro-Israel policies, emphasizing Iran's unwavering solidarity with resistance forces.
Read More