News

Bitget PoolX is going to launch KILO with a total prize pool of 550,000 KILOs, the Lock Pool will be open from March 28th 22:00 to March 30th 22:00 (UTC+8), details are as follows:

BGB Lock Pool:
Total number of airdrops: 550,000 KILOs.
Individual lock-up limit: 8,000 BGBs.

In addition, you can participate in the CandyBomb special event, top-up transactions to share 1,250,000 KILO KILO, open from March 28th 22:00 to April 4th 22:00 (UTC +8).

The U.S. Securities and Exchange Commission began admitting officials to the Government Efficiency Department, according to staff emails.

SOL fell below 130 USDT and is now at 129.99 USDT, down 5.06% in 24H, according to market data. 

Cryptocurrency analyst Miles Deutscher says the correlation between cryptocurrencies and tech stocks is at an all-time peak. Unless proven otherwise, cryptocurrencies are just leveraged bets on risky assets, not digital gold.

 1. Nasdaq submits greyscale Avalanche ETF application to U.S. SEC; 2. CEX operator Dunamu's operating profit rose 85% year-on-year last year, hitting an all-time high; 3. GameStop stock is subject to trading restrictions on the NYSE due to a 234% surge in short trades; 4. CZ: uploading coins shouldn't affect the coin price, and the long-term price should be determined by the development of the project itself; 5. the New York Attorney General reached a $200 million settlement with Galaxy Digital over LUNA-related issues; 6. Terraform Labs will open its crypto-asset loss claims portal on 31 March and close it on 30 April; 7. Li Bin, deputy director of the Foreign Exchange Bureau, is highly concerned about the use of virtual currencies for illegal cross-border fund transfers.

According to WhaleAlert, Tether Treasury has added 1 billion USDT to the Tron chain.

March 28 - Khaled Mohamed Balama, governor of the Central Bank of the UAE (CBUAE), has said that the blockchain-based Central Bank Digital Currency (CBDC) digital dirham is expected to be launched in the fourth quarter of 2025, Cointelegraph reported. The digital currency will help enhance financial stability and combat financial crime. In addition, the digital dirham will be accepted in all payment channels as physical currency.Balama said the digital dirham will further facilitate the development of innovative digital products, services and new business models, while reducing costs and increasing access to international markets.

Data showed that the Federal Reserve's preferred inflation gauge continued to rise at a stubborn pace in February, while a weaker-than-expected monthly rate of personal spending signalled weaker-than-expected household demand, suggesting that consumers are becoming more cautious amid growing concerns about their finances. Stock futures fell further after the data was released, and Treasury yields stayed low. Swap traders continue to expect two 25 basis point rate cuts this year, with the first expected in July. Today's report suggests that inflation is stubbornly stubborn and Trump's planned tariffs have the potential to further exacerbate price pressures. His aggressive trade policies have already dented business and consumer confidence, and this, combined with signs of growing pressure on household finances, has fuelled fears that the economy could slip into stagflation or even recession.

Golden Finance reports that the US core PCE price index for February was 2.8% annualised, compared to expectations of 2.7%.

Digital asset management giant Grayscale has filed an application with the SEC for an Avalanche (AVAX) spot ETF, designating Nasdaq as the proposed listing exchange. If approved, this would be the first AVAX-focused exchange-traded fund.