Fed Rate Hikes Loom as Inflation Fears Grip Crypto
Fed rate hike probability surges to 30% as oil prices climb, spooking Bitcoin and DeFi. Gemini faces IPO lawsuit.
Fed rate hike probability surges to 30% as oil prices climb, spooking Bitcoin and DeFi. Gemini faces IPO lawsuit.
Solana (SOL) faces significant price correction despite network upgrades, testing critical $75 support. Meanwhile, Bitcoin miners grapple with declining profitability, and Bhutan continues BTC outflows.
Gnosis and Zisk launch the ‘Ethereum Economic Zone’ rollup framework, while Canada proposes a ban on crypto political donations, signaling regulatory shifts.
Singapore-based StraitsX is driving stablecoin adoption in Southeast Asia, reporting a 40x increase in card payment volume while the broader crypto market faces a downturn.
Over $58.5 million in crypto leverage positions were liquidated in 24 hours, with Ethereum and Bitcoin leading the flush, indicating market deleveraging.
Bitcoin’s price fell below $67,000 as geopolitical tensions with Iran escalated, impacting even the 2-year Treasury yield and signaling broader market unease.
South Korean crypto influencer ‘cobacknam’ is distributing remaining unclaimed rewards from a Bithumb airdrop, offering users a chance to claim up to 30,000 KRW before March 31st.
XRP faces an unstable setup testing $1.33 with rising leverage, while Asian-backed AI tokens like Bittensor’s TAO rally past $1.5B.
Asian traders are navigating a complex market influenced by record Bitcoin bullish bets and upcoming stablecoin yield regulations, with potential shifts towards regulated players.
Korean influencer 0xSun’s commentary on altcoins, coupled with reports of unusual gaming phenomena, suggests potential market shifts and trading opportunities.