Initial Jobless Claims: 227,000, down from 231,000.
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The Wrapped Bitcoin team partners with Hyperlane to develop a WBTC bridge linking Ethereum and Solana.
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The realized price of Bitcoin stands at $55,000, a level historically linked to bear market lows. Historically, Bitcoin has traded 24-30% below this threshold before stabilizing. Currently, the price remains 18% above this level. When approaching this zone, Bitcoin tends to move sideways before resuming an upward trend.
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Aave Labs has launched the "Aave Will Win" initiative, allocating 100% of product sales revenue to the DAO. [coindesk]
Coindesk
Aave labs proposes βAave Will Winβ plan to send 100% of product revenue to DAO
The proposal arrives amid discord within the Aave community over control of the protocolβs brand and key assets.
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AAVE responds to recent news, and shortly after the announcement, the token surged to become the most purchased asset across all centralized exchanges.
#Careport Chart
#Careport Chart
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AAVE responded to recent news, prompting a surge in its token, which quickly became the most purchased asset across centralized exchanges.
#Careport. [Chart]
#Careport. [Chart]
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Polymarket expands cryptocurrency price markets, allowing users to wager on whether digital assets will rise or fall over the next five minutes.
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Today's Summary and Tomorrow's Events: https://t.me/bingx1/2147483647
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Coinbase reported a $667 million net loss for Q4, missing profit estimates amid a market correction. cointelegraph
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Coinbase reports $667 million loss in Q4 due to market correction, missing profit estimates. cointelegraph
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The United States has struck a trade deal with Taiwan, reducing tariffs to 15%. Taiwan will eliminate approximately 99% of trade barriers and has committed to purchasing $84 billion in American goods.
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A whale has transferred a total of 8,200 BTC, valued at approximately $559 million, onto Binance over the past two days. The pattern shows that each time the whale moves BTC to the exchange, it is followed by a decline in the price of Bitcoin. On Tuesday, shortly after one of these transfers, Bitcoin's price declined by over 3%.
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BingX Crypto & Financial News
The Commodity Futures Trading Commission (CFTC) has established an innovation committee to develop regulatory frameworks for cryptocurrencies and artificial intelligence. cointelegraph
CFTC Chair Boosts Innovation Advisory Committee to 35 Members, 20 with Crypto Ties
The Commodity Futures Trading Commissionβs chair has expanded the final composition of the Innovation Advisory Committee to 35 members, with 20 representatives from the cryptocurrency sector. The panel features CEOs from Coinbase, Ripple, Solana Labs, Uniswap, Blockchain.com, Robinhood, Anchorage Digital, Gemini, Polymarket, Kalshi, and Crypto.com. It also includes industry leaders from Nasdaq, Intercontinental Exchange, Cboe Global Markets, CME Group, Kraken, and Bullish.
Source
The Commodity Futures Trading Commissionβs chair has expanded the final composition of the Innovation Advisory Committee to 35 members, with 20 representatives from the cryptocurrency sector. The panel features CEOs from Coinbase, Ripple, Solana Labs, Uniswap, Blockchain.com, Robinhood, Anchorage Digital, Gemini, Polymarket, Kalshi, and Crypto.com. It also includes industry leaders from Nasdaq, Intercontinental Exchange, Cboe Global Markets, CME Group, Kraken, and Bullish.
Source
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Santiment reports that the overall cryptocurrency market capitalization declined by 2.2% over the past week. Total trading volume fell by 60.8% compared to the previous week. Despite the broader downturn, several altcoins exhibited resilience, including TON, which increased by 4%; WLFI, up 3%; and TAO, rising 2%.
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Upbit to cease Loopring (LRC) trading support on March 16 at 3:00 PM, according to an official notice. LRC trading pair (LRCUSDT) currently at 0.0376. Further details available on Upbit's service center.
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