📊 According to Artemis data, Hyperliquid HIP-3 reached a record $5.4 billion in trading volume on March 23. This included $1.3 billion in silver, $1.2 billion in WTI crude oil, $940 million in Brent crude oil, and $558 million in gold. HIP-3 is emerging as a PMF fit for commodity and macro news trading. #macro
🤔 #ETF 21shares is considering actively managed exchange-traded products as the next stage of investing in cryptocurrencies, as the market goes beyond simple price-tracking funds.
🇺🇸🤝 Sasai collaborates with Circle to expand the use of #USDC in cross-border payments. cointelegraph
🇸🇬🧑💻 #XRP Ripple is using the Monetary Authority of Singapore's "sandbox" to test a trade finance system based on the #RLUSD stablecoin. #stablecoin
🇺🇸⚠️ BlackRock CEO Larry Fink warns that oil prices reaching $150 per barrel could trigger a global recession, according to BBC. #macro
📝 Bybit has released its 30th Proof of Reserves (snapshot date: March 18).
User #BTC holdings stand at approximately 53,000 BTC, down 8.98% from the previous snapshot (February 26), a decrease of 5,303 BTC.
User #ETH holdings are about 525,000 ETH, up 0.29%, an increase of 1,543 ETH.
User #USDT holdings are approximately 6.19 billion USDT, up 1.14%, an increase of about 69 million USDT.
User #BTC holdings stand at approximately 53,000 BTC, down 8.98% from the previous snapshot (February 26), a decrease of 5,303 BTC.
User #ETH holdings are about 525,000 ETH, up 0.29%, an increase of 1,543 ETH.
User #USDT holdings are approximately 6.19 billion USDT, up 1.14%, an increase of about 69 million USDT.
📊 #BTC On Friday, BTC options worth ~$14.16 billion will expire, accounting for almost 40% of the open interest on Deribit.
Deribit's commercial director notes that the $75,000 level, determining the maximum price, acts as a magnet. Historically, this triggers delta hedging by market makers, which could push prices towards the strike price.
Deribit's commercial director notes that the $75,000 level, determining the maximum price, acts as a magnet. Historically, this triggers delta hedging by market makers, which could push prices towards the strike price.
🇧🇹👀 #BTC Bhutan reportedly selling $30M in Bitcoin per Arkham data.
🇦🇺🏦 The Reserve Bank of Australia (RBA) stated that asset and money tokenization could generate about AUD 24 billion (USD 16.7 billion) in annual efficiency gains. It emphasized a shift in focus from “whether” to “how” to implement these technologies, noting that stablecoins and bank deposit tokens will play complementary roles. The RBA also announced plans to launch a digital infrastructure sandbox and related initiatives, while mentioning that a wholesale CBDC is “potentially helpful but not essential.” #stablecoin
📊 #BTC CryptoQuant reported that Bitcoin is trading around $70K, with the short-term holder (STH) realized price above spot. Of the roughly 5.7 million BTC held by STHs, about 8% are in profit and 92% in loss, indicating potential sell pressure. The strategy’s realized price for approximately 762K BTC is around $75.6K, aligning with recent resistance. The overall realized price is about $54K, a level that price has historically revisited or stayed below in bear markets, suggesting overhead resistance and a fragile market structure.
📝🙋♂ #BNB Binance has released market maker guidelines that require token issuers to promptly disclose market maker information to the platform. Profit-sharing and guaranteed return arrangements are prohibited, and token lending agreements must clearly specify token usage. Binance stated it will take swift and decisive action against any violations, including blacklisting non-compliant market makers.