๐ According to Forbes, Changpeng Zhao's net worth has risen to about $110 billion, up roughly $47 billion from last year, ranking 17th on the global rich list. This increase is largely driven by a rebound in the valuation of Binance, estimated at around $100 billion, with Zhao believed to own about 90% of the company. Binance is estimated to have generated approximately $16โ17 billion in revenue in 2024โ2025, processed more than $30 trillion in annual trading volume, and held about 38% market share. link
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๐ Arthur Hayes, in an interview with CoinStories, stated that if he only had $1 to invest right now, he would not choose to buy Bitcoin. He would wait for the Federal Reserve to ease monetary policy and print more money before entering the market. Hayes warned that geopolitical tensions could lead to large-scale sell-offs in both the stock and crypto markets, potentially causing Bitcoin to fall below $60,000. However, he maintains a long-term bullish outlook, predicting that Bitcoin's price will surpass $100,000 in the coming years. link
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๐ฆ๐บ๐ค #XRP Ripple Acquires BC Payments to Obtain Australian License - The Block #regulation link
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๐ฐ The boom of stablecoins could reduce the profits of traditional banks, warn analysts at Jefferies.
Coindesk #stablecoin link
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Coindesk #stablecoin link
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๐ On March 10, the total net inflow into Bitcoin spot ETFs was $251 million, with no ETF experiencing net outflows. The BlackRock ETF IBIT had the highest net inflow in a single day at $186 million. Ethereum spot ETFs recorded a total net inflow of $12.5859 million, with all nine ETFs also showing no net outflows. #etf link
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๐ On March 10, the total net inflow into Bitcoin spot ETFs was $251 million, with no ETF experiencing net outflows. The BlackRock ETF IBIT had the highest net inflow in a single day at $186 million. Ethereum spot ETFs recorded a total net inflow of $12.5859 million, with all nine ETFs also showing no net outflows. #etf link
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๐ธ #AAVE The Oracle system in Aave experienced a failure, leading to an unfair liquidation of wstETH totaling $26 million. The Block link
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๐ฎ BitGo will provide custody services for StableX's $100 million stablecoin issuance plan. #stablecoin link
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๐ The total RWA onchain market cap just hit a new ATH of $22B, with over 80% in tokenized funds, gold, and commodities. #rwa
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