Crypto trading firm Blockfills has filed for bankruptcy
The institutional crypto lender filed for bankruptcy after suspending withdrawals, incurring about $75 million in losses and facing a lawsuit alleging misuse of customer funds. Original and detailed news is here: Read More
Bitcoin’s price trades above its 50-day average as bullish move gathers pace
Bitcoin’s convincing move above its key average indicates a strengthening of the bullish momentum. Original and detailed news is here: Read More
Bitcoin briefly tops $74,000 as ether, sol, ada gains as much as 6% in Monday surge
Majors posted broad gains on Monday as oil eased from highs, two tankers sailed through the Strait of Hormuz for the first time since the war began, and Trump said the U.S. was talking to Iran. Original and detailed news is here: Read More
XRP climbs 3% past $1.47 as breakout extends on broad bitcoin-led move
Volume jumped more than 250% during the move, with traders watching whether former resistance now turns into support. Original and detailed news is here: Read More
Katana Launches Pre-Staking Program Offering 35% APR for KAT Deposits (imported from Binance News)
Katana has introduced a pre-staking program for its KAT token, providing an annual percentage rate (APR) of 35% over a 60-day period. According to NS3.AI, this initiative is available for the first 350 million KAT tokens deposited. The program commenced on March 10 and is set to continue for eight weeks, offering participants an opportunity to earn significant returns on their KAT holdings.
Whale Investor Acquires 7,769 ETH for $17.46 Million (imported from Binance News)
Onchain Lens posted on X that a prominent investor known as Whale billΞ.eth has purchased 7,769 Ethereum (ETH) for $17.46 million. The acquisition was made at a price of $2,248 per ETH within the past three hours.
AI TRENDS | Alibaba to Launch AI Service for Businesses Amid Growing Interest (imported from Binance News)
Alibaba is set to introduce a new AI service aimed at businesses, capitalizing on the increasing national interest in artificial intelligence assistants. Bloomberg posted on X, highlighting the company’s strategy to leverage the popularity of AI tools like OpenClaw, which assist users in completing practical tasks. This move aligns with the broader trend of integrating AI solutions into business operations to enhance efficiency and productivity. Alibaba’s initiative reflects the growing demand for advanced AI technologies in the corporate sector.
University Student Develops AI Engine Secures $30 Million Funding (imported from Binance News)
PANews posted on X (formerly Twitter). A 20-year-old university student, Guo Hangjiang, has developed an AI engine named MiroFish, which has gained significant attention. The project, created by the senior student from Beijing University of Posts and Telecommunications, can process various inputs such as news articles, policies, and novels to generate thousands of AI entities with distinct personalities and memories. These AI entities can simulate reactions to any given event. MiroFish has achieved the top spot on GitHub’s global trending list, and the project has successfully secured $30 million in funding within just ten days.
STOCKS | Hong Kong Tech Stocks Anticipate Further Rebound Following Earnings Reports (imported from Binance News)
This week, the focus in Hong Kong’s stock market is on the earnings reports of major technology companies. According to Ming Pao, the technology index remains above 4750 points, continuing last week’s rebound. It is expected that the index may experience further gains once the earnings reports are released. For detailed technical analysis and investment strategies, viewers are encouraged to watch the video content.
Polymarket’s Fee Revenue Surpasses $11.2 Million Since January (imported from Binance News)
Polymarket has generated over $11.2 million in fee revenue since it started imposing trading fees on select markets on January 6. According to NS3.AI, the platform has also distributed $13.41 million in subsidies to liquidity providers, highlighting its commitment to supporting market participants.
