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πŸš€ Terraform Labs Opens Portal for Crypto Asset Loss Claims

According to PANews, Terraform Labs has announced the opening of its crypto asset loss claims portal on March 31, 2025. Creditors can submit eligible claims through the portal at http://claims.terra.money. Required documentation includes wallet addresses or read-only API keys, along with a completed claim form. The deadline for submission is April 30, 2025, at 23:59 Eastern Time. Late submissions will not be accepted. Creditors are advised to carefully review the claim procedures detailed on the portal. For assistance, they can contact Kroll Restructuring Administration at Terraforminfo@ra.kroll.com.

#TerraformLabs #CryptoAssets #ClaimsPortal #AssetLoss #Creditors #Deadline #KrollRestructuring #LUNA
πŸš€ Bitcoin(BTC) Drops Below 86,000 USDT with a 1.75% Decrease in 24 Hours

On Mar 28, 2025, 04:56 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 86,000 USDT and is now trading at 85,966 USDT, with a narrowed 1.75% decrease in 24 hours.

#Bitcoin #BTC #CryptoMarket #Binance #USDT #PriceDrop #Cryptocurrency
πŸš€ China's Foreign Exchange Bureau to Enhance Monitoring of Cryptocurrency Impact

According to Foresight News, Li Bin, Deputy Director of China's State Administration of Foreign Exchange, emphasized the importance of monitoring the impact of cryptocurrencies on capital flows. Speaking at the Boao Forum for Asia's sub-forum on 'Seeking Monetary and Financial Stability in an Unstable World,' Li highlighted the bureau's ongoing efforts to improve its capabilities in identifying and monitoring these effects. He noted that this is a crucial area of study and that further research will be conducted to enhance related initiatives.

#China #ForeignExchange #Cryptocurrency #CapitalFlows #BoaoForum #MonetaryStability #FinancialStability #Research
πŸš€ Quarterly Options Expiry Shows Mixed Results for BTC and ETH

According to BlockBeats, Greeks.live analyst Adam shared insights on social media regarding the options expiry data for March 28. A total of 139,000 BTC options expired with a Put Call Ratio of 0.49, a maximum pain point at $85,000, and a nominal value of $12.1 billion. Additionally, 301,000 ETH options expired with a Put Call Ratio of 0.39, a maximum pain point at $2,400, and a nominal value of $2.13 billion.

This week marks the quarterly expiry, and the first quarter's market performance fell short of most expectations, with significant volatility leading to a close at the lower end of the price range. The expiry volume accounted for over 40% of total open interest, with BTC options making up nearly 80% of the total expiry volume, while ETH options comprised nearly 20%. Among other cryptocurrencies, Solana had the largest share at only 2%. Despite skepticism surrounding ETH, the market structure of holdings remains stable.

Implied volatility (IV) saw a slight decrease, with BTC's main term volatility dropping below 50% and ETH's main term volatility hovering around 60%. The cryptocurrency market currently lacks new capital inflows and narratives, leading to a dull investor sentiment. Post-quarterly expiry, there are no immediate signs of a reversal, and large investors are increasingly engaging in dual selling strategies. Options market-making institutions are intensifying their selling efforts, indicating further short-term IV decline, which may pose challenges for buyers moving forward.


#BTC #ETH #optionsexpiry #PutCallRatio #volatility #cryptocurrency #investorsentiment #Solana #marketstructure #capitalinflows
πŸš€ New Wallet Sells 3,433 ETH for 6.81 Million DAI

According to BlockBeats, Lookonchain monitoring has revealed that a newly created wallet received 3,433 ETH from THORChain. The wallet subsequently sold the ETH at an average price of $1,981, resulting in a total of 6.81 million DAI.

#Wallet #ETH #DAI #THORChain #Blockchain #Cryptocurrency
πŸš€ EU to Impose Fines on Apple and Meta Under Digital Markets Act

According to PANews, the European Union is set to impose minimum fines on Apple and Meta, the owner of Facebook, next week under its Digital Markets Act. The decision aims to prevent escalating tensions with U.S. President Donald Trump. Sources indicate that Apple will be fined and required to amend its App Store regulations. Meta will also face penalties and be instructed to alter its 'pay or agree' model, which forces users to either consent to data tracking or pay for an ad-free experience. Under antitrust laws, companies could face fines up to 10% of their global revenue, potentially resulting in billions of dollars in penalties for both firms. However, three officials have stated that the European Commission's target is significantly lower than this threshold, as the regulations are relatively new and may be challenged in court.

#EU #Apple #Meta #DigitalMarketsAct #fines #antitrust #AppStore #data #Facebook #penalties
πŸš€ China Advances AI Standardization to Enhance Industry Integration

According to PANews, China's State Administration for Market Regulation is accelerating efforts to establish comprehensive national standards for the artificial intelligence (AI) industry. This initiative follows the release of the 'National AI Industry Comprehensive Standardization System Construction Guide' at the end of last year, which outlined a new phase of AI standardization planning.

In 2025, several national standards have been introduced, including general requirements for AI models, evaluation metrics and methods, and service capability maturity assessments. These standards aim to lay a solid foundation for the regulated application of AI technologies. The ongoing development of national AI standards seeks to further implement the overall framework of the guide and continuously improve the national standards in the AI sector.

In terms of industry application, efforts are being made to develop standards for industrial AI models and the steel industry, supporting the growth of intelligent manufacturing and the digital transformation of traditional industries. Additionally, application standards are being developed for sectors such as healthcare, home living, and transportation, promoting the deep integration of AI with various industries.

Regarding safety governance, the focus is on creating data security standards for generative AI, ensuring data safety throughout the entire process. The development of standards for AI application safety classification, capability maturity assessment, and ethical governance is also being strengthened to ensure the safe and reliable use of AI technologies.


#China #AI #Standardization #IndustryIntegration #ArtificialIntelligence #NationalStandards #IntelligentManufacturing #DigitalTransformation #DataSecurity #GenerativeAI #EthicalGovernance #Healthcare #Transportation #SteelIndustry
πŸš€ Trump Warns of Higher Tariffs on EU and Canada Amid Trade Tensions

According to BlockBeats, U.S. President Donald Trump has issued a warning to the European Union and Canada regarding the imposition of higher tariffs. This announcement follows the recent declaration of potential automotive tariffs, which could provoke retaliatory measures from these two key U.S. allies.

On Thursday, March 27, Trump threatened that if the EU and Canada collaborate to harm the U.S. economy, the United States would impose substantial tariffs. He stated on social media that these tariffs would "far exceed current plans."


#Trump #Tariffs #EUTariffs #Canada #TradeTensions #AutomotiveTariffs #USTradePolicy
πŸš€ LY Corporation Clarifies No Partnership with Sony's Soneium Network

According to Foresight News, LY Corporation has issued a statement clarifying that it has not established any business partnership with Sony's L2 network, Soneium.

Previously, Soneium had announced plans to expand its operations by utilizing the LINE API and LINE MINI applications on the LY Corporation platform. This announcement led to media reports suggesting a collaboration between the two companies.

LY Corporation's statement aims to address these reports and confirm that no such partnership exists.


#LYCorporation #Soneium #Sony #partnership #LINEAPI #businessnews #clarification
πŸš€ Ethereum Faces Potential Liquidation at Key Price Levels

According to BlockBeats, data from DefiLlama indicates that Ethereum is facing potential liquidation at two critical price points. At $1,804, there is a potential liquidation amount of $109.9 million, while at $1,784, the potential liquidation amount is $116.9 million. The total potential liquidation across these levels amounts to $226.8 million.

#Ethereum #liquidation #DefiLlama #cryptocurrency #pricepoints #blockchain
πŸš€ GameStop's Convertible Notes Offering Signals Bitcoin Strategy Shift

According to CoinDesk, GameStop has finalized the pricing for its previously announced private offering of $1.3 billion in convertible senior notes, marking a significant step towards incorporating bitcoin into its financial strategy. The zero-coupon notes, set to mature in 2030, will initially convert at a rate of 33.4970 shares per $1,000, translating to an initial conversion price of approximately $29.85 per share. This pricing positions the bitcoin notes at a roughly 35% premium over GameStop's most recent closing price of $22.09 at the end of Thursday's trading session in New York.

GameStop's decision to integrate bitcoin into its balance sheet comes amidst a notable decline in its stock value, which fell over 22% during Thursday's trading day. This drop reflects investor skepticism regarding the company's strategic pivot towards cryptocurrency, despite CEO Ryan Cohen's efforts to leverage GameStop's substantial cash reserves through this initiative. Cohen's strategy aims to position GameStop as a significant player in the cryptocurrency space, potentially enhancing its financial standing and market influence.

If the sale of these convertible notes achieves its intended targets, GameStop would emerge as the fourth largest corporate holder of bitcoin, trailing behind Riot Platforms and surpassing Tesla. This move underscores GameStop's ambition to capitalize on the growing prominence of digital currencies in the corporate sector, aligning its financial strategy with broader market trends. As the company navigates this transition, the success of its bitcoin bond strategy will be closely monitored by investors and industry analysts alike, who are keen to assess the impact of cryptocurrency integration on GameStop's future growth and stability.


#GameStop #Bitcoin #ConvertibleNotes #Cryptocurrency #FinancialStrategy #StockMarket #DigitalCurrencies #RyanCohen #InvestorSkepticism #CorporateHoldings
πŸš€ High-Profile Trader Executes Successful WBTC Swing Trade

According to Odaily, a prominent trader with an 81% success rate executed a significant swing trade following a market downturn. Within 30 minutes, the trader purchased 392.7 WBTC at an average price of $85,583, totaling approximately $33.6 million. Currently, the trader holds 576.3 WBTC valued at $49.13 million, with an average price of $85,751, and 4,216 ETH worth $8.04 million, averaging $2,090 per ETH.

Two days prior, the trader sold 495.5 WBTC at an average price of $88,009, amounting to around $43.6 million, during a market peak. The recent purchase marks a precise and successful swing trade, effectively replenishing their holdings.


#WBTC #swingtrade #trader #crypto #ETH #marketdownturn #successrate #investment
πŸš€ Bitcoin Faces Potential Bear Market Amid Bearish Divergence

According to Cointelegraph, Bitcoin (BTC) is at risk of entering a new bear market as several BTC price metrics indicate a "bearish divergence." On March 27, discussions on social media highlighted concerning signals from the Bitcoin Macro Index, developed by Capriole Investments. This index, introduced in 2022 by Charles Edwards, utilizes machine learning to analyze a wide range of metrics, excluding price data and technical analysis, to assess Bitcoin's relative value across historical cycles. Since late 2023, the index has been showing lower highs while BTC/USD prices have been reaching higher highs, suggesting a potential long-term peak. Edwards expressed concern over this trend but noted that he would reconsider his stance if the Bitcoin Macro Index turns positive.

Bitcoin's price metrics have been struggling to recover, with various analytics sources pointing to macroeconomic challenges this year. A recent "Quicktake" blog post by onchain analytics platform CryptoQuant identified four onchain metrics currently in flux, indicating significant short to mid-term turbulence for Bitcoin. Contributor Burak Kesmeci noted that while these metrics suggest volatility, they do not imply that Bitcoin has reached an overheated or cycle-top level. The metrics include Market Value to Realized Value (MVRV), Net Unspent Profit/Loss (NUPL), and the Inter-Exchange Flow Pulse (IFP), which turned bearish in February. For a positive shift, Kesmeci suggested that the IFP should rise above its 90-day simple moving average (SMA). Readers are reminded that this article does not offer investment advice, and any investment decisions should be made after conducting thorough research.


#Bitcoin #BearMarket #BearishDivergence #Crypto #BTC #MarketValue #RealizedValue #NUPL #Volatility #CryptoQuant
πŸš€ UK Introduces Digital Gilt Bonds to Modernize Financial Markets

According to Foresight News, UK Chancellor Rachel Reeves announced the launch of digital gilt bonds (DIGIT) on November 14, 2024. This initiative aims to modernize financial markets by testing the application of distributed ledger technology (DLT) in government debt issuance.

#UK #DigitalGiltBonds #FinancialMarkets #DistributedLedgerTechnology #GovernmentDebt
πŸš€ GameStop Urged to Invest in Bitcoin with Cash Reserves

According to Foresight News, Cointelegraph reports that Kip Herriage, managing partner at Vertical Research Advisory, has recommended that GameStop allocate $2.5 billion of its cash reserves to purchase Bitcoin. This suggestion comes as part of a broader strategy to leverage the company's financial resources.

#GameStop #Bitcoin #Investing #CashReserves #FinancialStrategy #BTC
πŸš€ GameStop Stock Faces Trading Restrictions Amid Surge in Short Volume

According to PANews, GameStop's stock (GME) has encountered trading restrictions on the New York Stock Exchange (NYSE) following a significant increase in short trading volume. Reports indicate that the short volume surged by 234% within a 24-hour period, prompting the NYSE to impose these limitations.

#GameStop #GME #NYSE #tradingrestrictions #shortvolume #stockmarket
πŸš€ Elon Musk Discusses DOGE's Impact on U.S. Government Operations

According to BlockBeats, Elon Musk, along with seven members of the DOGE team, made a public appearance in an exclusive interview with Fox News. Musk stated that the reforms initiated by DOGE are transforming the operations of the U.S. government, describing it as the most significant revolution since the American Revolutionary War. He expressed confidence in reducing government spending by $1 trillion by the end of May.

This goal suggests that since U.S. President Donald Trump took office on January 20, DOGE aims to achieve this level of cost savings within 130 days.

In response to external criticism, Musk defended DOGE's cost-cutting approach as well-considered. He acknowledged the possibility of errors, comparing it to expecting a baseball player to hit the ball every time, which is unrealistic. Musk emphasized that when mistakes occur, they are quickly corrected, allowing progress to continue.


#ElonMusk #DOGE #GovernmentReform #CostCutting #EconomicImpact #FoxNews #Saving #AmericanRevolution #Innovation
πŸš€ πŸ”₯ Binance Adds MUBARAK, BROCCOLI714, TUT, and BANANAS31 to Earn, Buy Crypto, Convert & Margin πŸ”₯

Binance has added four new meme tokens β€” Mubarak (MUBARAK), CZ'S Dog (BROCCOLI714), Tutorial (TUT), and Banana For Scale (BANANAS31) β€” to several key services, including Simple Earn, Buy Crypto, Binance Convert, and Margin Trading. These listings aim to provide users with more flexible ways to access, invest in, and trade emerging community-driven assets.Key Availability Timelines1. Simple Earn (Flexible Products)Available since: March 28, 2025, 02:00 UTCUsers can now subscribe to flexible savings products for all four tokens.2. Buy Crypto (Card & Payment Gateways)Available from: March 28, 2025, 05:00 UTCPurchase options supported via:VISA / MasterCardGoogle Pay / Apple PayRevolutBinance fiat balance3. Binance Convert (Zero Fees)Live from: March 28, 2025, 05:00 UTCTokens can be converted to/from BTC, USDT, and other supported assets at zero fees.4. Binance Margin (Cross & Isolated)Available from: March 28, 2025, 04:30 UTCNew borrowable assets: MUBARAK, TUT, BANANAS31New margin pairs:MUBARAK/USDTTUT/USDTBANANAS31/USDT5. Binance Auto-InvestBegins: March 29, 2025, 10:00 UTCUsers can start recurring investments in the four tokens using Auto-Invest strategies.

#Binance #MemeTokens #MUBARAK #BROCCOLI714 #TUT #BANANAS31 #Crypto #Investing #MarginTrading #BuyCrypto #SimpleEarn #BinanceConvert #AutoInvest
πŸš€ πŸ”₯ Binance Wallet Integrates Binance Connect for Instant Fiat-to-Crypto Purchases πŸ”₯

Binance has announced the integration of its Binance Wallet with Binance Connect, the exchange’s official fiat-to-crypto payment gateway. This update allows users to purchase cryptocurrencies directly using fiat currencies, significantly enhancing accessibility and convenience within the Binance ecosystem.Through this integration, users can now buy crypto instantly within the Binance Wallet interface using multiple payment options, including credit and debit cards, Apple Pay, Google Pay, and their Binance Spot account balance

#Binance #BinanceWallet #BinanceConnect #FiatToCrypto #Cryptocurrency #PaymentGateway #InstantPurchases #CryptoAccessibility #PaymentOptions
πŸš€ Bitcoin(BTC) Drops Below 85,000 USDT with a 2.51% Decrease in 24 Hours

On Mar 28, 2025, 10:56 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 85,000 USDT and is now trading at 84,998.992188 USDT, with a narrowed 2.51% decrease in 24 hours.

#Bitcoin #BTC #USDT #Cryptocurrency #MarketData #PriceDrop #Trading
πŸš€ Bitcoin Experiences Decline, Falling Below 85,000 USDT

According to Foresight News, Bitcoin has dropped below 85,000 USDT, currently trading at 84,952.54 USDT. The cryptocurrency has experienced a daily decrease of 2.61%.

#Bitcoin #Crypto #USDT #Cryptocurrency #MarketDecline #BTC