Uncategorized

XRP and Solana led all altcoin-based exchange-traded product (ETP) inflows during the week ending March 21, according to digital asset investment firm CoinShares. Other altcoin inflows were comparatively modest, with Polygon (MATIC) logging $400,000 and Chainlink (LINK) adding $200,000. Sentiment toward altcoins remained mixed overall, as Ether (ETH) alone saw significant outflows totaling $86 million. … Read more

Securities dealer Ocree Capital has launched a regulated real estate platform in Canada, giving investors access to tokenized shares of commercial property on the Polymesh blockchain. The new Ocree platform debuted on March 24 with a $51.9 million commercial real estate listing in Winnipeg, Manitoba. The featured property is a Class “A” multi-residential development with … Read more

Bitcoin could reach a new all-time high of $110,000 before any significant retracement, according to some market analysts, who cite easing inflation and rising global liquidity as key factors supporting the price rally. Bitcoin (BTC) has been rising for two consecutive weeks, achieving a bullish weekly close just above $86,000 on March 23, TradingView data … Read more

Michael Saylor’s Strategy has acquired over $500 million worth of Bitcoin as institutional interest and exchange-traded fund (ETF) inflows make a comeback. Strategy acquired 6,911 Bitcoin (BTC) for over $584 million between March 17 and March 23 at an average price of $84,529 per coin, according to a March 24 filing with the US Securities … Read more

Decentralized finance (DeFi) trading platform dYdX announced its first-ever token buyback program on March 24, aiming to reinvest in its ecosystem to enhance security and governance. According to the announcement, 25% of the protocol’s net fees will be dedicated to monthly buybacks of its native dYdY (DYDX) token on the open market. Following the announcement, … Read more

Stablecoin payment platform Infini has filed a lawsuit against a developer and several unidentified individuals suspected of involvement in a hack that drained nearly $50 million in crypto assets. On March 24, the Infini team sent an onchain message to the attacker, naming the developer Chen Shanxuan and three other unidentified persons with access to … Read more

Spot Bitcoin exchange-traded funds (ETFs) in the US snapped a five-week net outflow streak in the trading week ending March 21. Bitcoin (BTC) ETFs clocked a net inflow of $744.35 million — the highest tally in eight weeks — extending their daily inflow streak to six consecutive days, according to data from SoSoValue. US-based spot … Read more

Learn-to-earn platform Dohrnii Labs has filed a police report in the United Arab Emirates, accusing local crypto exchange Blynex of liquidating its tokens without authorization and failing to deliver a promised loan.  According to a statement shared with Cointelegraph, Dohrnii Labs deposited 12,649.99 Dohrnii (DHN) tokens — valued at more than $500,000 — with Blynex. … Read more

Dubai-based crypto market maker and investor DWF Labs has launched a $250 million Liquid Fund aimed at accelerating the growth of mid- and large-cap blockchain projects and driving real-world adoption of Web3 technologies. DWF Labs is set to sign two significant investment deals worth $25 million and $10 million as part of the fund. The … Read more

Bitcoin (BTC) heads into the end of Q1 near two-week highs as trader sentiment diverges from improving technicals. Bitcoin market participants are positioned for a fresh BTC price dip, which could even form new multimonth lows. PCE week coincides with the last full trading week of March, and risk assets are showing a hint of … Read more