Category: crypto

NYSE Arca and NYSE American have removed position limits on options tied to 11 crypto ETFs after SEC filings cleared the process. The rule change allows for more flexibility for institutions and allows crypto ETF options to trade as FLEX contracts. The changes were made effective immediately by the SEC waiver.

Crypto prices in Asia dropped due to oil market stress and geopolitical tension. Investors are monitoring economic data and inflation expectations. Bitcoin and Ether weakened, with markets also affected by Middle East conflict and rising energy costs. Higher oil prices raise inflation concerns and may impact interest rates. Traders are cautious across global markets.

H100 Group is planning to acquire Norwegian Bitcoin companies Moonshot AS and Never Say Die AS through an all-share deal, potentially increasing its Bitcoin holdings to about 3,501 BTC. If completed, H100 would become Europe’s second-largest listed Bitcoin treasury company. The transaction is subject to due diligence and corporate approvals.

Bitcoin’s price rose sharply to $71,500 after Trump announced a delay in planned military strikes against Iran. This move followed productive talks between the US and Iran, easing tensions. The rally liquidated $270 million in short positions, boosting market sentiment and causing short traders to face significant losses. Total crypto liquidations reached $780 million.

Strategy continued to buy bitcoin during the recent market pullback, increasing its total holdings to 762,099 BTC. The latest purchase of 1,031 BTC at $74,326 was smaller than the previous acquisition but showed the company’s consistent buying strategy despite market volatility and geopolitical tensions.

Crypto investment products saw another week of net inflows, with Bitcoin funds adding $219.2 million and Ether products experiencing $27.5 million in outflows. The positive trend of digital asset exchange-traded products continued for the fourth consecutive week, but investor demand cooled following the latest US Federal Reserve meeting.

The Crypto Fear & Greed Index drops to 8, indicating extreme fear in the market as investors sell off XRP, SOL, and AAVE. Despite the fear, the total crypto market cap remains stable around $2.36 trillion. Analysts suggest that historically, extreme fear levels have preceded major recoveries in Bitcoin and altcoins.

Bithumb is seeking to reappoint CEO Lee Jae-won despite regulatory pressure and scrutiny over compliance controls in South Korea. Shareholders are expected to vote on his reappointment at a meeting on March 31. The exchange has faced penalties for anti-money laundering failures and errors in a promotional campaign.

Meta CEO Mark Zuckerberg is testing an internal AI agent to streamline decision-making and reduce communication layers within the company. This aligns with Meta’s broader push to integrate AI tools across its workforce, including systems like MyClaw and Second Brain. Reports suggest possible layoffs as Meta shifts toward AI-driven efficiency.

ZachXBT discovered a group of social media accounts using war and political content to lure users into crypto scams on X. More than 10 accounts were involved, reposting fear-based content and promoting fake giveaways and pump-and-dump tokens. The coordinated scam cluster reportedly earned six figures through this deceptive tactic.