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moonypto
DXY Goldman Sachs, the world's second-largest investment bank, has acknowledged for the first time in its 2024 annual shareholder letter the increasing significance of cryptocurrencies within financial markets. Goldman Sachs stated that the growth of electronic trading, alongside the introduction of new products and technologies including trading and distributed ledger technology (such as cryptocurrencies), has intensified market competition. As of December 31 last year, Goldman Sachs held $1.27 billion in BlackRock's IBIT and $288 million in Fidelity's FBTC.

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rafidiamgeorge
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🚨BREAKING: The US SEC provides clarification on the potential roles of various cryptocurrencies within the US government:

🔹XRP – Designed for state-level financial transactions, improving government payments and interbank liquidity.

🔹ADA – Ideal for academic credentialing, smart contracts for government services, and secure infrastructure management.

🔹SOL – Suited for high-speed blockchain applications, including real-time government databases, secure voting, and digital identity management.

This clarification highlights the evolving role of blockchain technology in government operations.
moonypto
OKBUSDT OKX completed its 27th OKB token burn on March 14, burning 31,158,862 OKB worth $1.32 billion—a record high in both quantity and total value. So far, OKB has cumulatively burned 171 million tokens, leaving 129 million in circulation, for a 57.10% burn ratio. OKX previously stated that its burns are determined by seasonal market conditions and operational performance.

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moonypto
BTCUSDT the Trump family project World Liberty once held discussions with Binance regarding potential cooperation, including the possibility of jointly developing a new U.S. dollar-backed stablecoin. It remains unclear how far the negotiations progressed or whether any deal or partnership will materialize. Three months after leaving a halfway house, CZ met with Steve Witkoff, co-founder of World Liberty and President Trump’s Middle East envoy, at the Bitcoin MENA 2024 conference in Abu Dhabi

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rafidiamgeorge
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Markets taking a dive again... must be another episode of 'Trump Tweets & Tumbles'😂

President Trump has threatened to impose a 200% tariff on European wines and other alcoholic beverages in retaliation for the European Union's 50% levy on American whiskey. This escalation in trade tensions has contributed to declines in major European stock indices and a downturn in U.S. markets.
moonypto
BTCUSDT Arthur, founder of DeFiance Capital, says the crypto market is nearing the end of the "Fat Protocol Thesis," which inflated infrastructure project valuations and harmed investability beyond Bitcoin. He argues successful applications are valued realistically, whereas infrastructure projects with stagnant growth remain overvalued, marking the burst of crypto infrastructure's speculative bubble.

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